Beta

Sehr empfehlenswert
84/100
Klein aber fein ist der Umfang an Zahlungsanbietern bei Betano. So sind etwa Paypal Auszahlungen möglich. Spesen fallen nur an, wenn man mehr als acht Auszahlungen per Monat durchführen will.

Betano is one of the newer representatives in our bookmaker comparison and is the sister brand of the Greek bookie giant Stoiximan. The Greek bookmaker is one of the largest betting providers in its homeland and is, among other things, the main sponsor of the Greek football record champion Olympiakos Piraeus.

Both Stoiximan and Betano have been part of Kaizen Gaming from Greece since July 2020. It was in this year that Kaizen Gaming, a Greek company, welcomed both Stoiximan and Betano into its fold.

The examination of Betano's withdrawal process.

The Greek company now aims to achieve success with its Canadian subsidiary, Betano, and has already made a promising start. The Canadian-speaking branch of Betano is determined to make its mark and has already had a strong beginning.

Betano was already a premium partner of VfB Stuttgart and the EHF Handball Champions League.

The provider impresses in our test with a vast selection of betting options, including a wide range of special bets and long-term bets, as well as a compelling mobile application and high odds. Additionally, the Betano sports betting bonus offered by the provider is highly successful.

We naturally also scrutinized the deposits and withdrawals in detail.

The bookmaker does not offer a wide range of options, but it does include the most popular payment methods. Though the selection is not extensive, it successfully covers the preferred modes of payment.


An overview of all Betano withdrawal options available.

Provider Method Expenses Length of time Min. € Max. €
Visa no* 1-4 business days 30 10.000
Master Card no* 1-4 business days 30 10.000
Skrill no* immediately 30 10.000
Transfer no* 1-4 Werktage 30 10.000
PayPal no* immediately 30 10.000

You won't incur any fees for the first eight withdrawals per month at Betano. However, starting from the ninth withdrawal, the betting provider applies varying charges to withdrawals.

When it comes to withdrawals, Betano follows the footsteps of many other competitors and favors using the same method used for deposits. Like numerous other rivals, Betano adopts a similar approach for processing payouts, by giving preference to the withdrawal method employed during the initial deposit.

Betano prefers bank transfers instead of the new option of creating a "my paysafecard" account, solely for Paysafecard.


 

Payout to a credit card account

Provider Method Expenses Length of time Min. € Max. €
Visa no* 1-4 business days 30 10.000
Master Card no* 1-4 business days 30 10.000

The initial eight withdrawals in a month at Betano come without any charges. Starting from the ninth withdrawal, the betting provider imposes varying fees for withdrawals. When initiating a transaction using a credit card, Betano applies a 5% charge.

Payouts to credit cards are one of the most popular withdrawal methods among Canadians.

One reason for this is that many people prefer the fast and hassle-free processing when making a deposit. Quick and seamless transaction methods have become increasingly popular among users due to their convenience and efficiency. This preference stems from the desire for a smooth and efficient experience when managing their financial transactions. The ease and speed of deposit processing have become key factors in attracting and retaining customers in the modern era.

While deposits to your betting account are quick, withdrawals may take a few business days to process. However, rest assured that we prioritize the prompt and secure transfer of your winnings. Our team is committed to ensuring that your funds are delivered to you in a timely manner, and we appreciate your patience during the withdrawal process. We strive to make your betting experience as smooth and convenient as possible, and we are continuously working on improving our withdrawal procedures to minimize any delays.

At Betano, the two most popular credit card providers, Visa and Master Card, are available.

At these platforms, the minimum withdrawal amount is set at 30 euros, while the maximum withdrawal amount is capped at 10,000 euros.

At Betano, the first eight withdrawals per month are free of charge.

From the ninth withdrawal within a month onwards, the bookmaker charges a fee of 5 percent for credit card withdrawals. However, should you exceed the limit of eight withdrawals in a month, the bookmaker will deduct a handling fee of 5 percent from your credit card transactions. It is important to note that this fee is applicable only to credit card withdrawals and does not apply to other withdrawal methods.

 


 

Payout with e-wallet

Provider Method Expenses Length of time Min. € Max. €
Skrill no* immediately 30 10.000
PayPal no immediately 30 10.000

The first eight withdrawals in a month are exempt from charges at Betano. Starting from the ninth withdrawal, the sportsbook applies varying fees for withdrawals. Betano levies a 2% transaction fee for outgoing transfers made through Skrill.

Due to their simplicity and speed, Skrill and PayPal are among the most straightforward and fastest deposit methods, making the e-wallet equally popular for withdrawals. Users appreciate the convenience and efficiency of these e-wallets when it comes to receiving their funds. They have become a preferred choice for many individuals due to their hassle-free and speedy withdrawal process. The popularity of Skrill and PayPal is undeniable, as they offer a seamless and efficient way to transfer money and access funds, ensuring a smooth user experience overall.

Just like during the deposit process, when making an outgoing transaction, the funds are transferred to the dedicated account specifically created for this purpose - which is why Skrill and PayPal are considered to be one of the safest methods for depositing and withdrawing money.

For the utilization of both e-wallets, the withdrawal limits range from 30 to 10,000 euros, and the first eight withdrawals per month at Betano are exempt from any transaction fees.

Starting from the ninth withdrawal made within a month, the bookmaker, however, levies a fee amounting to 2 percent. However, once the number of withdrawals reaches nine within a single month, the bookmaker will charge a fee equal to 2 percent. However, if you make nine or more withdrawals in a month, the bookmaker will apply a fee of 2 percent. Nevertheless, a fee of 2 percent will be imposed by the bookmaker on any withdrawal from the ninth one onwards within a month. Nonetheless, for any withdrawal made after the ninth transaction within a month, the bookmaker will deduct a fee of 2 percent.

 


 

Payout with bank transfer

Provider Method Expenses Length of time Min. € Max. €
Transfer no* 1-4 business days 30 10.000

Betano offers fee-free withdrawals for the first eight transactions in a month. Starting from the ninth withdrawal, the betting provider applies varying fees for withdrawals. If you choose to make a withdrawal using a bank transfer, Betano will deduct a 5% transaction fee.

The classic method of bank transfer is one of the most popular withdrawal options, despite the comparatively long waiting times, and it remains a timeless choice among users.

A requested withdrawal at Betano takes between 1 and 4 working days.

Afterward, the money will be deposited into your personal bank account, ensuring a high level of security.

Betano chooses to use traditional bank transfers for deposit methods, likely because of the widespread availability of bank accounts and the fact that almost everyone has one. This ensures that regardless of the deposit option chosen, which may not allow for direct withdrawals, customers can rely on the reliability and familiarity of bank transactions.

While it is now possible to make withdrawals using a Paysafecard account, it would require creating a separate "my paysafecard" account, making it simply a more complex e-wallet. However, this alternative allows for the convenience of cashing out through Paysafecard, albeit with the added step of setting up an additional account.

Just like with the other options available, the minimum deposit amount for bank transfers is set at 30 euros, while the maximum limit reaches 10,000 euros.

From the ninth withdrawal made in a month, the bookmaker, however, charges a fee of 5 percent. For any withdrawal beyond the eighth instance within a calendar month, the bookmaker shall apply a charge equivalent to 5 percent of the withdrawn amount. However, once a player reaches their ninth withdrawal in a specific month, the bookmaker will impose a fee amounting to 5 percent of the total withdrawn sum. The bookmaker reserves the right to impose a fee of 5 percent on any withdrawal made after the eighth instance in a given month. Starting from the ninth withdrawal made within a single month, the bookmaker will levy a charge of 5 percent.

This is how withdrawals work at Betano:

  • Betano kindly requests its customers to verify their account shortly after registration to ensure unrestricted access to the betting account. Account verification is necessary at the latest before making the first withdrawal.
  • At first, only bank transfer appears as the withdrawal option under "My Account". Additional withdrawal options will be available once a deposit is made.
  • Payouts will be transferred to the same account as the deposit, whenever possible.
  • Depending on the withdrawal method chosen, it is important to consider the minimum and maximum amounts as well as the processing time.
  • Betano is required by law to verify the identity of players who initiate transactions totaling 2300 euros or more.
  • The initial eight withdrawals per month at Betano are free of charge. Starting from the ninth outgoing transaction, the betting provider applies varying fees (credit cards and bank transfers: 5%; Skrill: 2%).

What is checked during account verification? In this post, you will find more information on this topic, including details about verifying data such as age or address, but not creditworthiness! Explore this article for more insights.

Betano
Sehr empfehlenswert
91/100

Important information for customers from Austria: Betano has decided to withdraw from the Austrian betting market as of December 18, 2019. We understand that this news may come as a surprise and we want to assure you that this decision was not taken lightly. Our team has carefully assessed the situation and concluded that it is in the best interest of both Betano and our valued customers. While we regret any inconvenience this may cause, we remain committed to providing a seamless and satisfying betting experience for all our users. We would like to express our gratitude for your support and understanding during this transition period. Please feel free to contact our customer support team if you have any questions or concerns regarding this matter. We appreciate your continued trust in Betano and look forward to serving you in other markets as we continue to expand our reach and improve our services.

As of this date, customers from the Alpine Republic are only able to make withdrawals from their accounts or get in touch with customer service. New registrations are no longer accepted.

An overview of all test results from Betano.

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