Only honest games and the best service can be found at Mr Bet casino. The online casino features one of the most important factors — fast withdrawals. For Canadians, Mr Bet offers a lot of payment options including cryptocurrency. Check out the full Mr Bet casino review on our website. And if you are ready to join it, we suggest you read a few more details about its withdrawal process down below.
How to Cash Out From Mr Bet
The process itself is quite easy and smooth. As soon as you win real money by playing casino games, you can head over to the banking section and make a request to withdraw your earnings via e-wallets, e-transfer, bank cards, and many other methods. Follow these steps to cash out from Mr Bet:
- Log in to your Mr Bet account.
- Visit the banking page and select “withdrawal”.
- Enter the amount of money you want to cash out.
- Select the preferred payment option.
- Confirm the request and wait for your winnings.
This is how easily you can make a withdrawal request at Mr Bet. And don’t worry, if anything goes wrong or account verification is required, customer support will contact you.
Withdrawal Methods at Mr Bet
Although the Mr Bet casino withdrawal seems to be a very easy process, it involves many internal procedures that can influence the speed of transactions. First of all, the withdrawal time frame depends on the payment option you choose. All of them feature different speeds, withdrawal limits, and fees.
In general, you can withdraw up to 5000 euros per week and up to 15000 euros per month. However, if it is a low limit for you, you can contact the support team and ask to increase your maximum withdrawal limit.
Keep in mind that if you win 50,000 euros or more, Mr Bet may divide the payout into 10 installments and pay it with 10% every month for 10 months until the full amount is paid out.
- Bitcoin. Withdrawals via bitcoin take 1 business day to process. The minimum amount that you can cash out is 20 euros while the maximum is 100,000 euros or your currency equivalent. To withdraw via bitcoin, you will need to have your bitcoin wallet number.
- Bank Cards. If you choose bank cards Visa or MasterCard, you will have to wait from 1 to 3 business days for your withdrawal. The maximum that you can withdraw is 40,000 euros.
- Interac bank transfer. Payments via Interac take about 1-3 days to process. The maximum limit is 6500 euros.
- PaySafeCard. Withdrawals via PaySafe vouchers take 1 business day and allow cashing in only 2500 euros.
- EcoPayz. E-wallets are the fastest here. One of them is Ecopayz that transfers money instantly. You can withdraw 50,000 euros at max.
There are other banking options such as Skrill, Neteller, direct bank transfers, and so on. Though access to these withdrawal methods can be restricted depending on your current location. So, be aware of this.
Account Verification at Mr Bet
Like any other licensed casino, Mr Bet is required by law to verify the customers. This is a Know Your Customer (KYC) requirement that helps Mr Bet to protect itself and players from money laundering and other illegal activities. So, unless you use an e-wallet or crypto for your withdrawal, you will be asked to verify your account.
It’s important to mention that even though you select an e-wallet or crypto wallet as your withdrawal method, you can be asked for documents too if the sum of your withdrawal exceeds the limit.
You can verify your account as soon as you sign up at the casino or later when you request for withdrawal. In any case, you will be notified about verification on the Mr Bet website or by email.
Required Documents
The documents that Mr Bet requests can vary depending on the payment method. Anyway, it’s better to prepare the copies and photos of a few of them:
- Any document that proves your ID: driver’s license, passport, national ID card, or residence permit, plus your selfie with the document.
- Anything that proves your address such as a utility bill.
- Proof of the chosen payment method such as a bank or card statement, a photo of your credit or debit card, and etc.
To submit the documents, you need to click on the relevant link provided by the casino. Once you have sent the documents, you can check the status of verification on your Member Account at any time.
Mr Bet Withdrawal Fees
Generally, Mr Bet doesn’t attach any fees to withdrawal. However, it can depend on the payment method you choose. If you doubt about fees with your payment option, you can contact customer service to clarify this point.
What is more, a 10% fee is associated with withdrawals made before the deposit wagering requirement has been met. In other words, if you don’t wager your deposit amount twice before your withdrawal, you will be charged a 10% fee.
Pending Period at Mr Bet
Mr Bet withdrawal process includes a pending period for all transactions. The period lasts from 0 to 24 hours. So, when you send the withdrawal request, your winnings will remain pending. During this time, you can cancel your withdrawal and get the money back on your casino account.
Keep in mind that the time frame for withdrawal transactions stated by the payment services is applied only after the end of the pending period. For example, if you withdraw via Ecopayz, an instantaneous method, you will receive your winnings instantly after the pending period is over.
In Conclusion
Whether you want to play at one of the top Red Rake Gaming online casinos, Mr Bet casino, or not, the choice is up to you. However, we recommend playing games at Mr Bet. The more so because withdrawals are fast. We can’t say that they are instant. But compared to other online casinos, Mr Bet casino withdrawal process is quite fast, even though it involves account verification and pending period.
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