Transferring money to and from your Betfair account can hardly be made easier. With just a few clicks on the website or on the Betfair mobile app, you can deposit and withdraw money whenever and wherever you want.
As one might expect from the world's most powerful sports betting market and one of the best betting sites in general, Betfair's website is completely secure, so there's no reason to be afraid of hackers, scammers and other similar individuals.
Our BetIndex Help section details the topic of Betfair withdrawals, as well as all other aspects of this bookmaker like how to bet on the sports market, how to use the free bets you are entitled to, etc.
How to make a Betfair deposit?
Let's look first at deposits. This is a four-step process:
Step 1 - Log in to your account
Assuming you already have a Betfair account, the first step to making a deposit is to log in to your account.
If you don't already have one, don't worry: you'll be able to sign up in no time, and you will also be able to redeem the € 30 Betfair Bonus!
Step 2 - Click on "Deposit"
One of the following two things will happen after you log in to your account. One option is to open a pop up window for a quick deposit. In this window, all you have to do is enter the three-digit code from the back of your card, your deposit amount and your password in Betfair. This option is only possible if you already have a "tied" card in your account.
If you don't have one, you'll need to click the "Deposit" button in the upper right corner of Betfair's site when you're already logged in.
Step 3 - Fill in the required information
The page that opens will let you choose which method you want to make your deposit with. If this is your first deposit, you will be asked to enter all your credit or debit card details or to register a link to your e-wallet if you want to deposit money this way.
Step 4 - Confirmation
Once the deposit is complete, a confirmation window for the successful deposit will open, showing you how much has been added to your account.
How to make a Betfair withdrawal?
After a few good bets, it might be time to make your first cash withdrawal!
Happy moments, that will make you even happier as you see how easy it is to withdraw money from your account.
Step 1 - Click on "My Account" and then on "Payments"
The "My Account" button, which you first have to press to make a withdrawal, can be found in the upper right corner of your screen.
Then select "Payments" from the pop-up menu. Just below the main menu on this page, which contains "Balance", "Bet", "Account Details", etc., there is a submenu with three options: "Deposit", "Withdrawal" and "Card Details".
Step 2 - Decide what amount to withdraw
After you've clicked on "Withdraw", it's time to decide exactly how much you want to deduct from your bookmaker’s account. You just enter the amount you want in the box.
The withdrawal method will be automatically selected by the system depending on which method you made your deposit with. However, you have the right to change it to a relevant payment method. Double check if the amount you entered is exactly the one you want to withdraw and then click on "Download".
In our Betfair review you can read about all the methods that you can choose for your Betfair withdrawals and deposits, as well as information on the transactions time and which of the transactions may be charged.
To get more frequent and larger withdrawals, read some Betfair Trading Strategies.
