Deposit & Withdraw

Removing and updating your card

This article explains how you can remove a card or update some of the details for it.

Accepted Payment Methods

The payment methods we accept are detailed within the below tables. The accepted payment methods displayed on our deposit page may vary depending on your location. These tables show the minimum deposit & withdrawal amounts for the payment method as well as how long it will take to process a deposit or withdrawal.

Deposit Queries

Deposit Queries

Withdrawal Queries

Withdrawal Queries

Bank Transfer

There are two types of bank transfer that we offer, a standard bank transfer and an instant bank transfer. 

⚡ INSTANT BANK TRANSFERS – Useful Information

Securely connect your bank account and deposit funds instantly with Open Banking. Unlock Instant Withdrawals after your first deposit!

What are Net Deposits?

Due to regulations, Betfair operate what's called a 'Closed Loop Policy' when it comes to withdrawing funds. This means that if you have deposited into your Betfair account using one payment method, you will have to withdraw back onto that same payme

Mastercard Withdrawals

If you are using a Mastercard that has been issued outside of countries listed below or you are using a Mastercard BusinessCard, you will not be able to make any withdrawals to it. Please note that these restrictions are not set by Betfair but by Mas

Adding a payment method

With Betfair, you can easily and quickly add a variety of payment methods! To make deposits and withdrawals to and from your Betfair account, you must first add a payment method.

Missing Withdrawals and your Tracing Number

If you are missing a withdrawal, please allow up to 2-5 working days for this to arrive in your bank account. Once that timeframe has passed, if your withdrawal still isn't available, you can reach out to our customer support team and they will provide you with a Tracing number to provide to your bank account.

Prizeout - FAQs

Prizeout is a withdrawal method available for Betfair customers in the UK and Ireland. Withdrawing with Prizeout will allow you the option to withdraw your winnings via a Gift Card instead of withdrawing to your bank or to another payment method.

Withdrawals

Due to the bank holiday weekend in the UK and Ireland, banks might have not processed payments until today so if you are not seeing your winnings in your bank account following your withdrawal, it might take 2 to 3 working days depending on the payme

Prizeout - Useful Information

What is Prizeout? Prizeout is a withdrawal method available for Betfair customers in the UK and Ireland. Withdrawing with Prizeout will allow you the option to withdraw your winnings via a Gift Card instead of withdrawing to your bank or to another payment method. 

How do I change the primary address of my PayPal account?

To deactivate your PayPal account (or any eWallet) we require a proof of closure to ensure that the integrity of our closed loop policy is not being broken. This proof can be in the form of a screen shot of the email PayPal sent confirming the accoun

Why can’t I deposit using PayPal?

Customers who use a MasterCard or credit card to pay via PayPal may find problems making deposits. If the problem depositing via PayPal persists, please register your card in My Card Details and deposit directly into Betfair. If any funds in your Pay

Why do card withdrawals take 2-5 days when card deposits are immediate?

Card withdrawals are typically processed within 2 to 5 days. This is a standard practice for most banks, and is out of our control. Please see the guide below for when you can expect to receive your withdrawal in your bank account. For information ab

My card deposit has been declined, what do I do?

If you receive the message "transaction declined, please speak to your card issuer", your bank has declined the transaction. Unfortunately your bank will never give a specific reason to Betfair for declining the transaction therefore we can only sugg

How do I withdraw funds?

MOBILE - To process a withdrawal from your account you need to click on the 'My Account' icon, select the “Withdraw” button and select the payment method you would like to withdraw the funds to. DESKTOP - To process a withdrawal from your account yo

I have withdrawn to a payment method which is no longer active. What shall I do?

Payment is not yet processed by Betfair You can cancel card withdrawals before they have been processed by us (up to 24 hours). Withdrawals which are not yet processed will be displayed under “Pending Withdrawals” in “My Account” --> “Withdraw Funds

Apple Pay

What is Apple Pay Apple Pay provides an easy and secure way to make payments through iOS apps, watchOS apps, and websites in Safari. By using Face ID, Touch ID, or double-clicking Apple Watch, users can quickly and securely provide their payment. Us

How long will it take for a withdrawal to reach my bank account?

Withdrawal processing times vary depending on the payment method you have used. Please see table below as a general guide. Payment Method Earliest time you'll receive the funds Latest time you'll receive the funds Debit or Credit Card (Click to work

Why can't I use my card for withdrawals?

There are numerous reasons why a card withdrawal may not be processed. Some UK issued MasterCards do not provide “collection account” details. This means the issuer has not made available an underlying account for us to pay money back to. You are usi

Can I cancel my withdrawal?

This depends on how you have withdrawn your funds and the amount of time that has passed. Which withdrawal method was used? Card: If you have withdrawn to a card, then you can cancel card withdrawals yourself before they have been processed by us. Ba

Do you accept cards from my country?

We accept cards from: Armenia Australia Austria Belarus Belgium Bosnia and Herzegovina Brazil Bulgaria Costa Rica Croatia Cyprus Czech Republic Denmark Egypt Estonia Finland Georgia Germany Gibraltar Greece Guatemala Hungary Iceland Ireland Italy Lat

Fast Funds

What is Fast Funds? Fast Funds is the quickest way to make a withdrawal, and get your funds from your Betfair wallet to your bank account. Fast Funds is currently available to customers in the UK, Ireland and Spain with a Visa Debit or Prepaid card.