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Velobet Withdrawal Guide for UK Players - Methods, Limits & Timelines

In this article, we will delve into the withdrawal methods available at Velobet, how to withdraw from the platform, KYC & account verification, common withdrawal issues, the mobile withdrawal experience, and more.

Dean McHugh
Dean McHugh

Last updated: 2025-07-17

Chad Nagel

4 minutes read

SportsBoom offers honest and impartial UK bookmaker reviews to help you make informed choices. While we may earn commissions through affiliate links, our content remains independent and free from promotional influence. For more information, see our Content Transparency and How We Review pages.

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Velobet
Licenses:
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  • Variety of player specials
  • Full cashout available
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    Overall Rating

    3.7/5
    Full T&Cs apply 18+

    Withdrawal Methods at Velobet UK

    Velobet offers several withdrawal methods to cater to the diverse preferences of its users. These include:

    Withdrawal Methods

    Method Min Withdrawal Max LimitProcessingTimeFees
    Visa£10£7500 Per Week3 DaysNo
    Mastercard£10£7500 Per Week3 DaysNo
    Skrill£10£7500 Per Week3 DaysNo
    Interac£10£7500 Per Week3 DaysNo
    Neteller £10£7500 Per Week3 DaysNo
    Astropay£10£7500 Per Week3 DaysNo
    Noda£10£7500 Per Week3 DaysNo
    Dash£10£7500 Per Week3 DaysNo
    BitcoinCash£10£7500 Per Week3 DaysNo
    Bitcoin£10£7500 Per Week3 DaysNo
    Ethereum £10£7500 Per Week3 DaysNo
    Tether £10£7500 Per Week3 DaysNo

    Although Velobet highlights that all withdrawals take around three days to process, we did find that withdrawals to eWallets or crypto wallets were processed faster.

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    How to Withdraw from Velobet

    Withdrawing funds from Velobet is a straightforward process. Here's a step-by-step guide on how to do it:

    1. 1

      Log in to your Velobet account and click on the "Wallet" tab

      Log in to your Velobet account

      Log in to your Velobet account

    2. 2

      Select the "Withdraw" option and choose your preferred withdrawal method.

      Select the Withdraw option

      Select the Withdraw option

    3. 3

      Review the information and confirm the transaction.

      It really is that easy providing your account has been verified. That is why we recommend completing the KYC process at the time of creating your account.

    KYC & Account Verification

    To ensure the security of its users and compliance with regulatory requirements, Velobet may require you to complete a KYC (Know Your Customer) process. This involves verifying your identity and address by submitting relevant documents, such as a passport, driver's license, or utility bill. The account verification process is usually quick and easy and took us around 12 hours from the point of submitting our documents to be fully verified.

    Common Withdrawal Issues

    Withdrawal Issues

    ProblemCause/Fix
    Withdrawal RejectedInsufficient funds
    Pending Withdrawal Account not verified
    Incomplete Withdrawal Double check payment details
    Bonus Funds WithheldWagering requirements not met

    Always remember that you must use the same withdrawal method as the one you used to make a deposit.

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    Mobile Withdrawal Experience

    Velobet's mobile platform offers the same withdrawal options and process as its desktop version. The mobile interface is user-friendly and responsive, making it easy to request a withdrawal on the go. The withdrawal times remain consistent across both platforms, ensuring a seamless experience for users who prefer to access Velobet on their smartphones or tablets.

    SB Withdrawal Score - Velobet

    MetricScore
    Speed of Withdrawal 6/10
    Payment Method Flexibility 9/10
    KYC Process & Transparency 8/10
    Mobile UX for Payouts8/10
    Terms Clarity 6/10
    Support Helpfulness 7/10
    SB Withdrawal Score7.6/10
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    Velobet offers a variety of withdrawal methods, including debit cards, e-wallets, and cryptocurrencies, to cater to the diverse preferences of its users. The withdrawal process is straightforward, and the platform provides clear instructions on KYC & account verification. While users may occasionally encounter issues, Velobet's customer support team is always available to assist.

    FAQs

    What’s the fastest way to withdraw from Velobet?

    Velobet states that all withdrawals are processed within three days. However, in our experience, eWallets and crypto withdrawals were completed the quickest.

    Why is my Velobet withdrawal pending?

    The most common problem with a pending withdrawal request is users' accounts not being verified. Ensure that yours is, if it is then contact customer support for further assistance

    Can I withdraw using a different method than I deposited?

    No you can't. All licensed casinos ensure you use the same method to withdraw as you used to make a deposit to help prevent money laundering. 

    Is there a withdrawal limit?

    Yes. All of the Velobet withdrawal methods have their own limits. There is also a £7500 weekly limit per user.

    Do I need to verify my account to cash out?

    Yes, all users have to complete the Velobet KYC process before they can make a withdrawal. 

    Dean McHugh
    Dean McHughSports & Casino Betting Writer

    My name is Dean, AKA The Stat Man. I am a Sports Betting Analyst who uses math, algorithms, probability and logic to create my posts. I live in the UK, on the outskirts of London but my background and heritage is Irish. I'm an avid Manchester United fan who sees following them as a religion. Sport is pretty much my life, as I live and breathe it daily. If there is something I don't know, it's probably not worth knowing as I have over 20 years industry experience and insight.