How Do I Reverse Withdrawal on Betway – Cancel Payout

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You can now cancel a withdrawal request – quick and easy. How? In fact, Betway allows customers to cancel payout. This is only possible if the withdrawal is still pending and not processed. In this guide, we will look at the steps you need if you want to know how to reverse withdrawal on Betway and why.

Reverse Betway Withdrawal


How to Cancel My Withdrawal Request on Betway

You can reverse your cashout request if it is pending. That means the payment must not be processed. The reversal option can be seen on the withdrawal page. Learn how to cancel payout on Betway with these steps.

Betway transaction histrory check
  1. Go to the withdrawal page in My Account.
  2. Then check the Transaction History to see if the payment has not been processed.
  3. Once you do this, click the ‘Reverse’ tab, and the button on the side of the withdrawal.
  4. Confirm your cancellation on the pop-up window.

Betway Reverse Withdrawal Explained

Betway has a fair withdrawal policy. It processes payouts within 72 hours. This period may be longer on weekends and bank holidays. The time taken for the money to get to your account varies. This depends on the payment method used. As mentioned, you must confirm any reversals. This pop-up tab gives you a chance to change your mind.

Example – How and Why Reverse Betway Withdrawals

Assume you asked to withdraw €200. If you want to reverse the funds, you should first check if Betway is still processing the payout request. If the transfer is not yet approved (*pending), you can go to the Betway Reverse Withdrawal tab. Click the button indicating that you have changed your mind. The €200 will appear back in your betting account. This will cost you nothing. No fees for processing or reversing withdrawals are charged on this site.


How to Locate the Reverse Withdrawal Tab

Betway is very easy to navigate. This makes it easy to take back payout requests on the site. Locate the reverse withdrawal tab with these steps.

Where is the Reverse Withdrawal Tab?
  1. Log into your account.
  2. Go to ‘My Account’.
  3. Click on the tab labelled ‘Withdraw Funds’.
  4. Check the pending withdrawals.
  5. Next to them, you will see the Reverse option.

It is worth noting that there are different versions of Betway for different countries. You should simply look for the Banking page. The reverse option will always be on the side of pending withdrawals.


How Long is the Pending Withdrawal Period?

This betting site processes payments within 72 hours. This period for betway withdrawals may vary on weekends. Also, bank holidays may cause delays. In this period, withdrawals go through internal reviews. They will then be approved. From there, payment processors have to get the money to your account. Here are the payout methods available and time it takes for reversal.

💳 Bank CardsInstantly
💰 e-WalletsInstantly
💸 Bank Transfer~10 min

Some e-wallets you can use on the site are Skrill, Neteller, and PayPal. UK players CANNOT use credit cards. This is because of a recent rule by the UKGC. Normally, the casino will process the payment back to a method you used for deposits. If this isn’t possible, you should pick an option like bank transfer.


Why Betway Reverse Withdrawal Is Part of Their Policy?

Betway reverse withdrawal policy

You may wonder why Betway reverse withdrawal. This option helps if you made the payout request accidentally. It is also possible that the customer added the wrong bank account. In this case, the reversal will prevent the loss of funds. Many people also prefer to reverse withdrawals instead of making new deposits.

The casino may also benefit from this policy. This is because reversals lower their costs. Many people also believe that the site may be using this policy to guarantee safer and more responsible gambling activity. The option allows people to keep their money on the site and gamble some more. This means the player may lose the funds.


FAQs

What if I want to reverse a payment on Betway that is already processed?

Betway allows reversals only on payout requests that are still pending.

What to do if the money won’t appear in my account after withdrawal cancelation?

Contact Betway support via live chat or write them an email at support@betway.com.

Which countries is Betway cancel withdrawal available in?

You can reverse betway payout in South Africa, New Jersey (USA), India, and UK as part of their withdrawal policy.


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10 comments for “How Do I Reverse Withdrawal on Betway – Cancel Payout
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  1. Evans MANDLHAZI
    Good day my name is Evans I had been scammed someone used my account and cash out my ticket and withdraw to his bank account can you please help find the account name
    1. Katerina Gadzheva
      Staff Member
      Hi Evans Mandlhazi,

      We are sorry to hear someone got access to your account.

      Contact betway immediately - a full list of contacts is here.

      Write to them so they can restore your account.

      Let us know how it goes.Kate, SB team
  2. Phoenix Kyllo
    I made a withdrawal to my much better (e-wallet) account and I am wondering when I will receive it??
    1. Katerina Gadzheva
      Staff Member
      Hi Phoenix,

      It usually takes up to 1-3 days (that is working days excluding weekends) for the e-wallet MuchBetter withdrawal on Betway.

      Can you see if after login into your account the withdrawal is still with *pending* ticket. If it is, there is nothing to worry about.

      If not - if the ticket is *denied* you will need to contact Betway asap.

      Let me know how it goes.Kate, SB team
  3. Eric
    i made a withdrawal of 100 yesterday but still nothing today help guys i have used EFT
    1. Katerina Gadzheva
      Staff Member
      Hi Eric,

      EFT withdrawals are processed within 1-2 working days. Since yesterday was the weekend give it another day and contact betway if the delay is a fact then.

      Kate, SB team
  4. Maria malitsatsi
    200
  5. Casual Nkuna
    Mrng is casual nkuna in hammanskraal on friday night i made a wothdrawal of r4700 even now i have not rceive the money in my account...But the following day i made a withdrawal of r500 and i got it in my account the same day
    1. Samuel Karugu
      Hi Casual Nkuna,

      Some withdrawals may be pending due to random security checks. Wait 5 working days before you can be sure there is a problem. Write to support in a week with the details.

      Sammy, SB team
  6. jjjjj
    nwhaue
Author: Katerina Gadzheva
badged_holderCertified Betting Expert
Katerina Gadzheva
Katerina has 10+ years of experience in iGaming. She has been a player long before that. Using her skills as a content writer and first-hand knowledge of the online gambling industry, she reviews and compares online casinos for Silentbet.