Velobet Withdrawal – How to Cash Out Your Winnings

Velobet supports multiple withdrawal methods for players who are ready to cash out their winnings. Whether you prefer e-wallets, crypto, or bank cards, the platform offers flexible options that suit UK users. Before requesting a withdrawal, it’s essential to complete verification and meet any bonus conditions.

Available Withdrawal Methods

A variety of withdrawal methods are supported on Velobet Casino that cater to international and UK players.

Supported Options

• Visa / Mastercard
  
• Skrill
  
• Neteller
  
• Bank Transfer (SEPA)
  
• Bitcoin (BTC)
  
• Ethereum (ETH)
  
• Tether (USDT)
  

Most methods are suitable for users in the UK, especially e-wallets and crypto. SEPA transfers can be used as a fallback when cards or wallets are restricted.

Withdrawal Limits

All limits are subject to account verification status and transaction history.

How to Request a Withdrawal from Velobet

Withdrawing funds from your Velobet account is straightforward, provided your account is verified.

Step-by-Step Guide

1. To start withdrawal process – log in to your Velobet account and open hover over your account name.
   
2. Go to the Withdraw Money section.
   
3. Choose your preferred method.
   
4. Enter the amount to withdraw.
   
5. Confirm the transaction.
   

You’ll receive a notification once the request is submitted.

Required Verification

Before the first withdrawal, Velobet requires players to complete KYC. This typically involves uploading:

• Government-issued ID
  
• Proof of address (utility bill or bank statement)
  
• Payment method verification (e.g. screenshot of e-wallet)
  

Tips to Avoid Delays

• Use the same method for deposit and withdrawal where possible.
  
• Ensure your KYC documents are clear and up to date.
  
• Avoid submitting multiple withdrawal requests at once.

Velobet Withdrawal Timeframes

Withdrawal speed varies based on the method chosen and whether your account has been fully verified.

Standard Processing Times

These times begin once your withdrawal is approved, not from the time it’s submitted.

What Can Cause Delays

• Pending KYC verification
  
• Incomplete bonus wagering requirements
  
• Multiple withdrawal requests in queue
  
• Suspicious activity triggers account review
  

It’s important to meet all conditions and use accurate information to avoid hold-ups.

Fastest Methods for UK Users

For UK players, the quickest withdrawal options are:

• Skrill and Neteller: usually processed within hours
  
• Crypto: processed fastest after internal approval
  
• Cards: slower due to banking system limitations
  

Fees and Limits

Velobet does not charge standard fees for most withdrawal methods. However, your bank or crypto wallet provider might apply network or service charges.

Known Withdrawal Fees

• Crypto: Network fees apply depending on blockchain congestion
  
• Bank transfers: May incur charges from your bank (Velobet doesn’t charge)
  
• Cards & wallets: Usually fee-free
  

Limits by Period

Velobet enforces limits based on user level and withdrawal history:

Higher tiers or VIP players may request increased limits.

Compared to Industry Norms

These limits are fairly standard for offshore operators. Payout times for wallets and crypto are competitive, while card and SEPA speeds are typical.

Common Withdrawal Issues and Fixes

Most Velobet withdrawals are processed without issues, but certain problems can arise.

What Does “Pending” Mean?

A withdrawal marked as pending is waiting for internal review. This may include:

• Confirmation of account verification
  
• Bonus status check
  
• Transaction screening for fraud prevention
  

Processing typically resumes within 24–48 hours once the checks are complete.

Rejected or Reversed Withdrawals

Common reasons for rejected withdrawals include:

• Unmet wagering requirements
  
• Mismatched withdrawal method (e.g. using a different card)
  
• Suspicious activity or duplicate accounts
  
• Exceeding withdrawal limits
  

If a withdrawal is reversed, the funds return to your balance and can be requested again after resolving the issue.

When to Contact Support

Reach out to Velobet support if:

• Your request remains pending for over 72 hours
  
• You receive no update after submitting KYC documents
  
• A payment method isn’t processing as expected
  

Velobet offers 24/7 live chat and email assistance.

Withdrawal After Using Bonuses

Withdrawing after activating a Velobet bonus requires meeting certain terms. These conditions affect how quickly and how much you can cash out.

Wagering Requirements

Most Velobet bonuses—especially no deposit bonuses—have wagering rules attached. For example:

• No deposit bonuses: typically require 50x wagering
  
• Matched deposit offers: usually set at 35x–45x
  
• Free spins: winnings may also need wagering
  

Impact on Withdrawal Eligibility

You cannot withdraw funds tied to a bonus until the full wagering requirement is completed. Attempting to do so may:

• Void the bonus
  
• Delay the withdrawal
  
• Trigger a manual review
  

How to Track Wagering Progress

Go to the “My Bonuses” or “Cashier” section while logged in. There you can:

• See remaining wagering amount
  
• Monitor time left before bonus expires
  
• Cancel active bonuses (if permitted) before withdrawing
  

Always check bonus terms before making a withdrawal request.

Velobet Withdrawal for UK Players

Although Velobet accepts UK users, there are a few important considerations related to licensing, payment methods, and responsible gambling.

Geo-Restrictions

Velobet operates under a Curaçao license, which is not recognised by the UK Gambling Commission (UKGC). While most UK users can register and play, some locations or IP ranges may be restricted. Always confirm access before depositing.

Currency and Payment Support

• GBP support is available for e-wallets like Skrill and Neteller.
  
• Crypto withdrawals (BTC, ETH, USDT) are also accepted and may be more flexible in terms of region.
  
• Card withdrawals are processed in GBP but may be subject to exchange rates or bank fees if your account is in another currency.
  

Responsible Gambling and Tools

Velobet offers standard tools such as:

• Withdrawal locks
  
• Deposit limits
  
• Self-exclusion and cooling-off periods
  

These features help users manage funds and reduce the risk of impulsive withdrawals or excessive play.

FAQ – Velobet Withdrawal