If you are new to top sports betting, one of the many things that probably excites you the most is
the fact that at one point, you are bound to win some money (if you are lucky enough, big
money!) and you are to make a withdrawal.

For a newbie, nothing is more exciting than the first withdrawal. It can feel like a first payday for you, and you are about to get the money, and you have huge plans for it already. However, it all goes tumbling down when you discover that you cannot get your money for now–for many reasons.

Understanding your bookie is an important thing when it comes to betting, specifically in sports
betting. You can get helpful insights from the top-rated and the most recommended bookies
right now on review sites like betenemy.com, as they keep their list of top bookies always up to
date.

When it comes to bookie withdrawals, it is important to know all the technicalities and the terms
that go with it, so you can avoid surprises, disappointments, and you can save plans from being
postponed due to your money ending up unavailable. Here are some helpful tips when it comes
to getting your money from your bookie account.

You may need to verify your identity

Unfortunately, this is a process that you cannot avoid, most of the time. Some bookies have you
go through this right at the start, while some wait until you request your first payout before they
ask for identity verification details. Either way, this is part of their security measures to protect
not just their interest but also you as a customer.

No worries, though. Usually, After you have verified your identity once, you are good to go and
would no longer need to undergo the same process every time you make a withdrawal.

Not all withdrawal methods work the same

Getting paid for your winnings through a bank account deposit would be of a different time
frame as compared to getting paid through a debit card. E-money wallet withdrawals, however,
tend to be faster most of the time. Still, it all ultimately depends on how your bookie works on
processing these payments.

So, learn to adjust your expectations when it comes to the time before you receive the money,
based on the channel you have chosen to receive it.

How much do you have?

Sometimes, bookies only allow withdrawals for a minimum amount. It can be as high as a $500
minimum, or as low as $50. Regardless, be mindful of this policy specific to your bookmaker to
avoid getting disappointed–it can be a real letdown when you get excited to withdraw the $20
you won on a bet only to discover that there is a limit of $100 before you can cash out.

What day is it today?

Aside from having minimum payout limits, some bookies only allow payouts only on specific
days of the week. There are a lot of reasons why they would do this, and one is that they could
manage the funds for payout more efficiently and to make sure that there will always be funds
available for everyone to get paid for their winnings.

Final thoughts

Payment terms and policies can be confusing, but it should not be in the first place. After all, the
confusion and the disappointment that could come from these things can be avoided if you
would learn to read the entire terms and conditions of the betting site or app you are signing up
for and not just simply clicking “I agree.” Usually, this information is detailed on the terms and
conditions and is disclosed right away to all users.