16 minutes to read 312 views 05.04.2023 (Updated 30.11.2023)
Betting on your favorite teams requires some knowledge of payment methods. No matter where you bet, you’ll need to find reliable and convenient ways to withdraw your money. Everyone expects to register at a sports book, make a deposit, claim a bonus, win some money betting on sports, and finally get the money out of their bookmaker’s account. It’s an actual situation. So, let’s learn what payment methods are available at 1xBet, compare them and find out the difference between e-wallets, crypto payments, bank transfers, and other payment systems.
Briefly on 1xBet
In general, 1xBet is a trustworthy platform with tons of betting opportunities. It’s a legal bookmaker licensed by a local regulator based in the Republic of Uganda. So most of the payment descriptions in this article will be about local methods that Ugandans use daily. But what can you expect from 1xBet in general? Is it worth your time? Basically, 1xBet is a collection of sports events from various local and international leagues, including football England Premier League, Coupe de France, Kabaddi League or basketball NBA and Euroleague. In addition, there are over forty sports to bet on, including e-sports and even non-sports events, to bet on politics.
To learn more about it, check out our separate article on 1xBet.
How to Withdraw Money From 1xBet Uganda Using Website
Punters from Uganda sometimes need help finding the best methods to get their money out of their 1xBet account. However, there’s no need to worry. The process is straightforward once you learn the sportsbook’s terms and conditions. Therefore, punters who visit the site to bet only need to follow these simple steps to withdraw their hard-earned cash. But first, you need to choose whether to use traditional methods, such as bank transfers (Visa, Mastercard), e-wallets (Perfect Money, Skrill, Web Money, Astro Pay, and MuchBeter) or request a withdrawal to your crypto wallet.
There’s nothing scary about it, mainly if you’ve found a suitable method and read the withdrawal rules. Later on this page, we’ll discuss the pitfalls. We’ll also cover factors such as withdrawal limits, age requirements, transfer fees, and how long it takes to withdraw money from 1xBet. But first, let’s take a look at the difference in withdrawing money from the mobile app.
How to Withdraw via Website
Visit the 1xBet Uganda Website
Proceed to 1xBet and log into your account. In case you don’t have it, make sure to create one using the available promo codes.
Time to Win some bets
Once you’re in, it’s time to shine. Make your best bet and win some money.
Withdraw Your Money
When you’ve got some cash to take out, click on “Withdrawal” and select your preferred payment method. Enter the amount you wish to withdraw and press the confirmation button.
How to Withdraw From 1xBet via Mobile App
Don’t overestimate the withdrawal through the mobile app, as the procedure is similar to what you can see on the website. In general, mobile apps make the whole gaming experience more comfortable. And this is accomplished because mobile users can access the sportsbook and its games on the go. You don’t have to sit before your monitor for hours to monitor the betting results. Therefore, players are passionate about mobile gaming, as it gives freedom towards where you play, being more flexible. So, let’s learn the basic steps to withdraw via the 1xBet app.
How to Withdraw via Mobile App
Get the App
Download and install the app if you haven’t already and log into your existing account or hit the “Register” button.
Select the Withdrawal Option
Go to your account settings and click “Withdraw Funds.” Then select the options you’d like to use and fill in the required fields.
Withdraw Your Funds
Enter the amount you wish to withdraw, e.g., 3000 UGX, and press “Withdraw”.
Remember, providing correct information will speed up the withdrawal process.
When you request a withdrawal, you are bound to meet the withdrawal rules. Although it is effortless to have your money on hand, you need to examine the withdrawal fees, maximum and minimum limits, and what are the common issues on the way of regular 1xbet players. It is an important set of recommendations to keep in mind.
So, we’ve come to the section where each withdrawal method’s features are kept. You’ll be presented with several e-wallets, cash withdrawal options, various payment systems, bank transfers, and a variety of cryptocurrencies. All methods are safe and secure, but they have different characteristics in terms of transaction speed and limits. Also, keep in mind that the bookmaker only submits the request, and the rest of the process is done through your chosen payment method.
Nowadays, electronic wallets have taken a solid place among all online payment options. It is due to the convenience of their use and independence from banks. Customers love e-wallets such as Skrill, Perfect Money, Web Money, Much Better, Astro Pay, and others for quick and easy transactions that can be done in just a few clicks. Moreover, you don’t need any documents to open an account with most e-wallets. So, let’s take a quick look at the most popular wallets within the walls of 1xBet.
- Perfect Money. It is a worldwide payment option that performs the role of deposits and withdrawals, being the leading company in this sphere. As a result, millions of clients rely on this service to process financial transactions to and from betting sites. It’s supported in more than 120 countries.
- Skrill. A popular digital wallet that supports over 40 currencies, including UGX, NGN, and others. It’s extremely easy to deposit and withdraw money using Skrill, as this method is supported by the majority of sportsbooks around the world.
- Neteller. A subsidiary of the former Paysafe Group, with a great reputation among gamblers and businesses. You can make money transfers to and from 1xBet by simply having an account with Neteller.
- Much better. It is a digital wallet with a lot of rewards behind it. Punters from many countries use it to pay on the bookmaker’s sites and process fast and secure transactions.
Unfortunately, it is not yet possible to make cash withdrawals at 1xBet. However, if you want to make a cash deposit and get used to modern internet banking solutions, it is possible to make cash deposits at ATMs and bank branches. You need to physically visit the bank and request a deposit, stating your account ID and the amount you want to transfer.
At 1xBet, you can request a withdrawal using the ecoPayz payment system. It’s accessible in over 50 currencies from more than 100 countries. In general, it’s a secure and encrypted payment method supported by your Mastercard. Just enter the ecoPayz digital account and connect your Mastercard bank cards. After that, you can request a withdrawal from the “Withdrawal” section of the 1xBet website or mobile app. Simply choose ecoPayz, log in to your account, and fill in the field with the amount you’d like to withdraw.
If you have a bank card, you can request a withdrawal by bank transfer. The procedure is familiar to you if you’ve ever sent money from one bank account to another. In other words, you need to transfer money from your 1xBet account to your bank account. Usually, the transaction process takes only a few hours. But be aware of the minimum deposit, as it only allows 2500 UGX. This payment time remains one of the most popular, as almost everybody has a bank account.
You are sadly not able to withdraw your money via SMS on the platform. Still, 1xBet withdrawal SMS code would be a nice option the company could implement.
In the latest technological trends and blockchain systems, we see how cryptocurrencies take a larger share of payments every year. As a result, today, punters are able to make payments with digital coins through unique wallets. To make a withdrawal from 1xBet, you need to provide details of your crypto wallet, including the wallet number and the amount you wish to withdraw. The main advantage of such payments is a high speed, top security and independence from the banking system.
Terms and Conditions of Withdrawal
Before you register, make a deposit, claim the bonus, and bet on some matches, you must learn the conditions for withdrawals. When we review betting sites, it’s always a priority to check how strict the T&C concerns the withdrawals. So, we offer you an opportunity to learn a brief description of the main rules to avoid common mistakes and unexpected situations.
- When betting on sports, behave normally and play for fun, but do not cheat the platform to earn as much as possible. If the administration notices something suspicious, they may deny your withdrawal request.
- Avoid multi-accounting. Sometimes players decide to claim the bonuses over and over again by creating multiple accounts. It is not allowed. According to the terms and conditions, if you are caught with multiple accounts, you will be banned from all accounts.
- Stay within one payment method for deposits and withdrawals.
- Be sure to provide your real information. Otherwise, you will send your money to some dishonest institutions or get rejected again.
- There are no service fees for withdrawals. However, you can be charged by the bank or e-wallet that you use.
- You also have to be over 25 years old. Otherwise, you won’t be able to create an account and verify it. Therefore, your money will be frozen in the blocked account.
To prove your identity, you’ll have to process the verification procedure. It’s not that complex in comparison to other bookmakers. If you’re new to the betting industry, you must provide one of your documents to the administration and wait for approval. 1xBet will ask you to provide your passport, ID, or driving license. Usually, it takes up to 72 hours to make your account ready for withdrawals.
1xBet Withdrawal Limits
Another mandatory factor of an excellent betting site is low minimum withdrawal and high maximum. At 1xBet, you won’t have any troubles with non-compliance with limits. However, you have to get in touch with them. In general, all limits for withdrawals depend on the particular payment method. Therefore, to learn the current limits, pay attention to the description of your selected method.
1xBet Minimum Withdrawal
The minimum amount you can withdraw from this sportsbook is $1.5 or the equivalent in your currency. This applies to all payments, including bank transfers, e-Wallets, and cryptocurrencies.
1xBet Maximum Withdrawal
Fortunately, you won’t face any limits on maximum withdrawals. However, you can withdraw as much money as you want if the methods you have chosen allow it. You can check this on the homepage of your e-wallet or bank account.
Analyzing the history of 1xBet’s highest payouts, there are a few guys who have taken away big bucks. There have been some periods during the World Cup when lucky guys have requested withdrawals of over $600,000.
1xBet Withdrawal Problems
Withdrawing money from a sportsbook can be a challenging experience. Sometimes you can face some unexpected problems, such as non-compliance with withdrawal rules, failures in the verification process, or even some technical problems that can come along the way. However, in the list below, you’ll learn the major pitfalls that many players run into.
Unable to Process Withdrawal
This is a common problem that can affect any of you. There are many reasons why your request may be denied. The first one is when a player tries to request a withdrawal but doesn’t go through the verification process and forgets to prove their age. Make sure you’re over 25 and have completed the verification process with your documents. Otherwise, you will not be able to withdraw your winnings, no matter how much you won during the session. In addition, there may be a technical error on the bookmaker’s servers. We suggest that you wait for 20 minutes to an hour and try again.
Also, don’t forget to double-check the bank details you entered and read the limits again. But if nothing helps, don’t hesitate to contact 1xbet Uganda customer care and ask for a solution. At 1xBet, you’ll have the opportunity to contact various departments, such as Security, PR, Finance, and others, through special e-mail addresses or by phone.
Didn’t Receive a Withdrawal to My Account
If you have gone through the verification process, requested a withdrawal, and it has been approved, you will have to wait for some time to receive your credits. The longest it can take is up to 72 hours. However, this happens very rarely, as the average time for a withdrawal process is one hour. Of course, it depends on the payment option you choose. But suppose it still bothers you, and you have yet to receive your money. In that case, you definitely need to contact the sportsbook’s financial department or call support directly to get an immediate answer. In addition, there is a particular question form that you need to fill out and fully disclose the question or complaint.
Is the Withdrawal Safe?
Players who have met all the requirements and read the terms and conditions can safely cash out using any convenient payment method. Since 1xBet cooperates with reliable payment systems, such as Visa, Mastercard, and many top electronic wallets, you can rely on them without a second thought. By the way, it will be less risky to withdraw by dividing your sum into parts.
Speaking of the security of financial transactions, you can rest assured knowing that 1xBet is regulated by the local Ugandan Regulatory Board, which ensures stable gaming for all players.
You can use the 1xBet cash out function to “sell” your wager early and get a portion of it back. Use it wisely.
How Long Does It Take to Withdraw Money
Don’t expect instant withdrawals. No bookmaker in the world is capable of processing transactions in one click. In general, it’s a complicated process that requires the work of several people to verify all financial details and personal information. It’s for the sake of our security since the betting industry is a bit complex. In addition, the speed of the transaction depends on the chosen payment method. In fact, bank transfers and bank cards are the slowest, but they provide the highest level of security. However, e-wallets and crypto payments are the fastest, allowing you to withdraw money in less than 1 hour. That’s why many players opt for them for future withdrawals.
As you can see now, you are able to withdraw your funds pretty easily. The process is swift and straightforward and won’t take much of your time at all. We hope that this article was interesting to you and that you now know all about the withdrawal at 1xBet.
What is the best withdrawal method?
In fact, there's no best method. You can choose any of them that is convenient for you. However, e-Wallets and cryptocurrencies have the fastest transaction speed.
Is there any way to improve withdrawal conditions for 1xBet?
Unfortunately, you can’t change the withdrawal rules.
How long does 1xbet withdrawal take?
Up to 72 hours.
Are there any withdrawal restrictions?
Yes, you must be within limits, use the same payment method for deposits and withdrawals, and be over the age of 25. Read more about the limits above.
Can I switch withdrawal methods?
Yes, but be careful. It’s not recommended to change withdrawal methods.
What is the fastest withdrawal at 1xBet?
E-Wallets and cryptocurrency wallets.
Who won the most money at 1xBet?
The highest payout was $1,200,000 during the European Football Championship in 2022.
Is it easy to withdraw money at 1xBet?
It is! Simply select your payment method, specify the amount you wish to withdraw, and click the "Withdraw" button.