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\n $\"Table$ \n Explore this page with our Table of Contents<\/b><\/span>\n <\/div>\n \n
<\/div>\n
\n $\"Table$ \n <\/div>\n <\/div>\n <\/button>\n
\n \n
\n ON THIS PAGE<\/span>\n <\/div>\n
\n
<\/div>\n
\n
<\/div>\n
\n
\n 1<\/span>\n Smarkets Withdrawal Time Scales & Options<\/a>\n <\/li>\n
\n 2<\/span>\n How To Add a Payment Method on Smarkets Step by Step<\/a>\n <\/li>\n
\n 3<\/span>\n How To Withdraw From Smarkets Step by Step<\/a>\n <\/li>\n
\n 4<\/span>\n How To Verify Your Account<\/a>\n <\/li>\n
\n 5<\/span>\n What Could Slow Down Your Withdrawal?<\/a>\n <\/li>\n
\n 6<\/span>\n ThePuntersPage Final Say<\/a>\n <\/li>\n
\n 7<\/span>\n Smarkets Withdrawal Times FAQs<\/a>\n <\/li>\n <\/ol>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n
\n
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\n ON THIS PAGE<\/a>\n <\/div>\n<\/div>\n
<\/div>\n\n\n
Smarkets Withdrawal Time Scales & Options<\/h2>\n \n\n
\n
\n
\n \n \n Deposit<\/label>\n \n \n Withdrawals<\/label>\n\n
\n
\n \n \n \n \n
Method<\/th>\n Min<\/th>\n Max<\/th>\n Processing Time<\/th>\n Fee<\/th>\n <\/thead>\n
\n \n \n \n
Method<\/th>\n Min<\/th>\n Max<\/th>\n Processing Time<\/th>\n Fee<\/th>\n <\/thead>\n
\n Smarkets Best Withdrawal Methods\n <\/h3>\n \n\n
\n Smarkets is a brilliant betting exchange rivalling the very best in their field, but how do they fare when it comes to withdrawals?<\/p>\n\n
\n Pretty great, as it turns out. Aside from a few omissions, Smarkets support a well-rounded list of fast withdrawal options<\/a>, giving punters a good variety to choose from.<\/p>\n\n
\n However, they do not support cryptocurrency withdrawals or mobile payment services such as Apple Pay or Google Pay.<\/p>\n\n
\n Instant Bank Transfer\n <\/h4>\n \n\n
\n Bank transfers but on steroids – when Smarkets say instant, they mean it!<\/p>\n\n
\n Instant bank transfers are the quickest withdrawal method on the site and should only take up to 12 hours<\/strong> to process. There is a minimum and maximum withdrawal limit of \u00a310 – \u00a3100,000<\/strong>; however, transactions can only be conducted in GBP.<\/p>\n\n
\n NETELLER\n <\/h4>\n \n\n\n The first e-wallet on the list, NETELLER<\/a> is a stellar international payment service, and one which is used often for online betting. The main benefits include a much faster withdrawal processing time of 1-2 days, a \u00a310 minimum<\/strong>, and no maximum limits. One thing to keep in mind is that you can only withdraw using the currency registered on your account.<\/p>\n\n
\n PayPal\n <\/h4>\n \n\n\n PayPal<\/a> is a renowned international online payment provider. While it may not offer as expansive payment limits as some other options, the standard minimum requirement is \u00a310, and the maximum transaction limit of \u00a35,500 is relatively modest. Moreover, the platform processes withdrawals in a reasonable 1\u20132 day time frame and charges no additional fees.<\/p>\n\n
\n Skrill\n <\/h4>\n \n\n
\n Skrill<\/a> is another UK-supported e-wallet which is a fantastic choice for betting. Owned and operated by the same owners of NETELLER, it\u2019s no wonder that they offer similar services. With a swift 1\u20132 day withdrawal time frame, Skrill imposes no maximum limits on payouts and has a minimum withdrawal requirement of \u00a310.<\/p>\n\n
\n Mastercard<\/strong>\n <\/h4>\n \n\n\n Mastercard<\/a> is another solid choice as the secure payment provider also offers limitless withdrawals<\/strong>, as long as the amount is higher than \u00a310. However, certain banks may not accept Mastercard payouts, so Smarkets will help you find an alternative if needed. The main issue is the long withdrawal processing time, which isn\u2019t ideal if you don't like to wait.<\/p>\n\n
\n Mastercard Maestro\n <\/h4>\n \n\n
\n Rounding off the classic card options, Mastercard Maestro works in exactly the same way as the standard brand. While some types of Maestro cards may have withdrawal limits, the majority do not, save for a \u00a310 minimum requirement. Processing times for payouts typically range between 1 and 6 days.<\/p>\n\n
\n Visa Debit Card\n <\/h4>\n \n\n
\n Visa Debit<\/a> is the go-to for many punters and is widely considered the most popular form of payment for online betting. The main benefit of using Visa at Smarkets is the \u00a310 minimum stake, and the fact that there isn\u2019t a maximum withdrawal limit. Something that they could improve on is the slow processing time of 1 to 6 working days.<\/p>\n\n
\n Bank Transfer\n <\/h4>\n \n\n
\n Possibly the most complicated of the lot, there are a number of criteria which you need to meet before you can actually request a bank transfer.<\/p>\n\n
\n Firstly, there is a minimum withdrawal of \u00a320<\/strong> and it will take around 5-10 business days<\/strong> to process. You\u2019ll need to provide your account number and sort code<\/strong>, alongside a bank statement<\/strong> to prove your identity and your account must be validated.<\/p>\n\n
\n Key Smarkets Payment T&Cs you Should Know About\n <\/h3>\n \n\n
\n Here are a few common terms and conditions for each payment method listed above:<\/p>\n\n
\n
\n
\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
There are no fees involved<\/strong> when withdrawing, they\u2019re all absorbed by the bookie.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Smarkets uses a closed loop policy<\/strong>, meaning that you have to withdraw with the same method you used to deposit.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
You can use more than one payment method at a time<\/strong>, but you must withdraw the net deposit from the original payment methods.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
If you still haven\u2019t received your money a day after the indicated time, make sure to contact the Smarkets customer service<\/strong>.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Know Your Customer (KYC):<\/strong> Before making your first withdrawal, you\u2019ll need to authorise your account by filling in the KYC requirements. This may take up to 24 hours.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Withdrawal fees and limits:<\/strong> Luckily, there are no fees to pay for withdrawals at Smarkets, but there are limits, including a \u00a310 minimum, and a \u00a3100,000 maximum in some instances.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Credit card policy:<\/strong> It is illegal to bet using a credit card in the UK, though debit cards are still permitted.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
How To Add a Payment Method on Smarkets Step by Step<\/h2>\n \n\n
\n When creating a new account, Smarkets will ask you to make a first deposit. Because of this, we've prepared a guide on how to add funds easily. We suggest choosing a payment method you trust and use often for your first choice.<\/p>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n Step 1: Click on the deposit option <\/strong><\/p>\n\n
\n Select your account from the top-right of your screen. A drop-down menu will appear, from which you need to select \u2018Deposit<\/strong>\u2019.<\/p>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n Step 2: Select your payment method. <\/strong><\/p>\n\n
\n You\u2019ll be directed to the page below, where you can choose your preferred method from the list of options available. Each method has its own limits, and you\u2019ll need to enter your personal information there.<\/p>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n Step 3: Deposit. <\/strong><\/p>\n\n
\n Select \u2018Start Deposit<\/strong>\u2019 and your funds should be added in a few seconds. If after a couple of minutes you still haven\u2019t received anything, contact customer care on live chat or through support@smarkets.com<\/a>.<\/p>\n\n
How To Withdraw From Smarkets Step by Step<\/h2>\n \n\n
\n At Smarkets the withdrawal process is just as straightforward as making a deposit. Follow the steps below to withdraw your winnings:<\/p>\n\n
\n Step 1: Click on the withdraw option. <\/strong><\/p>\n\n
\n Select your account from the top-right corner of the page. The dropdown menu will appear, and you can click on the \u2018Withdraw\u2019 button.<\/p>\n\n
\n Step 2: Choose your withdrawal method. <\/strong><\/p>\n\n
\n You\u2019ll be redirected to the withdrawal section, where you can choose from whichever method you have deposited from.<\/p>\n\n
\n I chose to deposit with Visa, so I had to withdraw with the same payment method due to the closed loop policy. This applies until the \u2018Net Deposit\u2019 amount is exceeded.<\/p>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n Step 3: Confirm your withdrawal. <\/strong><\/p>\n\n
\n Once you select your preferred method, a pop-up will appear where you can input the desired amount you\u2019d like to withdraw. If there are no issues, you can select \u2018Confirm Withdrawal<\/strong>\u2019.<\/p>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n Step 4: Wait for your withdrawal to be processed. <\/strong><\/p>\n\n
\n The final step in the withdrawal process is to sit back, relax, and wait for your winnings to roll into your account.<\/p>\n\n
\n Withdrawal times vary depending on which method you choose. If any funds haven\u2019t arrived within a day beyond the stated amount, make sure to contact customer support.<\/p>\n\n
How To Verify Your Account<\/h2>\n \n\n
\n You cannot ever be fully registered to a bookmaker without verifying your account.<\/p>\n\n
\n The process varies from bookie to bookie, but in general, bookmakers will ask you to confirm all the personal information you have provided by submitting copies of official documents for verification.<\/p>\n\n
\n With Smarkets, this step occurs once you have made your first deposit.<\/p>\n\n
\n You will see a button appear at the top-right of your screen, like the one in the image below.<\/p>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n You\u2019ll be taken to a rather large page asking you for quite a bit of information, making this one of the more extensive KYC requirements pages I\u2019ve encountered.<\/p>\n\n
\n You will have 72 hours to upload the documents, or else your account will be suspended. So, we suggest preparing these before making your first deposit.<\/p>\n\n
\n The documents you\u2019ll need to verify your account are:<\/p>\n\n
\n
\n
\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Proof of identity:<\/strong> This could either be a passport, drivers\u2019 licence, or an ID card.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Proof of address:<\/strong> Smarkets gives you plenty of options for this one, including a bank statement, a benefit letter, a credit card statement, a council tax statement, a building society statement (issued within the last three months) or a utility bill (also no older than three months). Any one of these documents would suffice.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Average annual salary:<\/strong> You must provide details regarding your occupation and your average yearly gross income.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
\n
$\"Smarkets$
(Source: Smarkets)<\/figcaption><\/figure>\n<\/div>\n\n
\n Once you have met all the requirements, Smarkets will begin verifying your documents. This may take up to 24 hours to complete<\/strong>.<\/p>\n\n
What Could Slow Down Your Withdrawal?<\/h2>\n \n\n
\n You\u2019re sitting in front of your screen anxiously waiting for your funds to enter your account, but all you\u2019re seeing is tumbleweeds.<\/p>\n\n
\n Here\u2019s what to do in order to avoid delays or lengthy waiting times.<\/p>\n\n
\n Choose the Optimal Time To Withdraw\n <\/h3>\n \n\n
\n Picking the right time to withdraw funds could be the difference between waiting two minutes and two days. Bookmakers are often busiest at weekends and during major events, which may unfortunately slow down payouts.<\/p>\n\n
\n Here are a few ways to combat this:<\/p>\n\n
\n
\n
\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Avoid withdrawing during peak times like weekends.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Withdraw funds early on during the week.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Use e-wallets that offer weekend service.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
\n Complete the Verification Process in Time\n <\/h3>\n \n\n
\n Smarkets needs to confirm that it\u2019s really you that's created your account, and this bookie is nothing if not thorough as they ask for a variety of documents to be able to do so.<\/p>\n\n
\n Here are some ways to ensure this process doesn't take too long:<\/p>\n\n
\n
\n
\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Provide Smarkets with the required information as soon as you register.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Prepare the documents ahead of time.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Make sure your documents are submitted within the accepted time frame.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
\n Verify Any Updates You Make\n <\/h3>\n \n\n
\n So you\u2019ve successfully verified your account \u2013 but what if you change your address, email, or any other personal details a few months or years down the line? It\u2019s not enough just to inform Smarkets of these updates; you\u2019ll have to verify them too.<\/p>\n\n
\n In order to avoid withdrawal delays:<\/p>\n\n
\n
\n
\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Provide any new documents straight away.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Inform Smarkets of any changes ahead of time.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Add any new payments methods in advance.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
\n Optimise Large Payouts\n <\/h3>\n \n\n
\n This may not necessarily be a common problem amongst punters, but one thing that could affect withdrawal times is the size of the payout in question<\/strong>. The larger it is, the more careful Smarkets will be to ensure that everything is above board.<\/p>\n\n
\n Here\u2019s how to steer clear of delays when it comes to bigger transactions:<\/p>\n\n
\n
\n
\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Split funds into separate transactions<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Use methods which accept larger limits.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
\n
\n
\n $\"List$ \n <\/div>\n
\n
Remove any withdrawal limits set by Smarkets.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
ThePuntersPage Final Say<\/h2>\n \n\n
\n Smarkets is an excellent betting exchange<\/a> and their withdrawals times are definitely on the faster side. One thing that keeps me at ease is their dedication and prioritisation of safety checks when it comes to withdrawals. Give the site a try today for a secure and efficient betting experience!<\/p>\n\n
\n
\n
\n
Smarkets Withdrawal Times FAQs<\/h2>\n
\n
\n
\n \n
\n \n
\n
What are the fastest Smarkets withdrawal methods?<\/strong><\/div>\n <\/div>\n