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How do I Withdraw Funds?

There are several options available for withdrawing funds from your Sportsbet account. These are listed below with a brief overview of how to use each method.

Bank Transfer

  1. Navigate to the Withdrawal Tab in My Account.
  2. Add you bank account details, enter the withdrawal amount and click Withdraw.

Credit Card

  1. Navigate to the Withdrawal Tab in My Account.
  2. Select your Credit Card from the list of available withdrawal methods. If you have never deposited from the card, you will not be able to add it to withdraw.

PayPal

  1. Navigate to the Withdrawal Tab in My Account.
  2. Select PayPal from the list of available withdrawal methods. If you have never deposited from PayPal, you will not be able to add the method to withdraw.

Sportsbet Cash

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What are the Standard Withdrawal Processing Times?

We process Withdrawals Monday to Friday until 2pm AEST. Bank and Credit Card withdrawals typically take 1-3 business days to reach you.

Withdrawal Time

How long does it take?

Before 2PM AEST

We will process your request on the same business day.
Funds should be received from your bank the next business day.

Example:

  • You Withdraw $10 to your Bank Account on Monday at 10am
  • We will process it that day
  • You should receive the funds in your account from your Bank on Tuesday.

After 2PM AEST

We will process your request on the following business day.
Funds should be received by your bank the day after it is processed.

Example:

  • You Withdraw $10 to your Bank Account on Monday at 7pm
  • We will process it on Tuesday for you
  • You should receive the funds in your account from your Bank on Wednesday

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What’s the earliest/latest I can expect to see my funds? 

 

 

Withdrawal Day

Earliest Receive Day

Latest Receive Day

Monday

Tuesday

Thursday

Tuesday

Wednesday

Friday

Wednesday

Thursday

Monday

Thursday

Friday

Following Tuesday

Friday

Following Monday

Following Wednesday

Saturday & Sunday

Following Tuesday

Following Thursday

 

International Withdrawals

Type of transfer

How long does it take?

Non-Australian Bank Account

It usually takes 3–5 business days to process an internal transfer, but may take longer depending on the recipient’s country and bank.

Transfers made on a weekend, a public/bank holiday will be processed the following business day.

 

How much money do I need to turnover before I can withdraw?

Sportsbet does not charge fees on deposits on the understanding that deposits will be turned over at least once, which means if you deposit $50 you'll need to bet $50 before you can withdraw the balance out of the account.

When trying to withdraw money out of your account you need to look at how much you can take out by looking at the Withdrawable Balance at the top of your My Account screen. The amount listed there reflects the amount that can be taken out of the account at the moment.

Please note that any funds deposited into your Sportsbet account needs to be Bet with before withdrawing.

You will also need to be Verified before you can withdraw funds. 

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