Webmoney Sportsbook Withdrawal
Introduction
Webmoney is an Eastern European online payment system that is one of the best in the market to take care of your sports betting needs. Almost all the major sportsbooks on the internet accept payments and allow withdrawals through Webmoney. One unique feature of Webmoney is that it offers transactions in currencies of Easter Europe. This way, users from Ukraine, Hungary and Russia can handle transactions without the surcharge and hassles of exchange rates.
How it works
If you wish to use Webmoney for your sports betting withdrawal, the first thing you need to do is register for a Webmoney account. This can be done beforehand or you will be redirected to the registration page when you choose it as you payment method from the sportsbook. Just specify the amount and provide your Webmoney details, and the money will be transferred.
The time taken for this transfer depends on the sportsbook that you are dealing with and is usually between 12 to 48 hours. You can also use Webmoney to deposit funds into your sportsbook account. This too is very simple and just requires an authorization from your Webmoney account. Usually, deposits take less than a day as it is Webmoney’s policy to handle all transactions very quickly.
To deposit money into your Webmoney account, which will be the source of funds for your online purchases, sports betting etc, you can link a bank account or a credit or debit card and after the required confirmation, transfer money. This process is similar for withdrawal, except that you will be charged a service fee. When you transfer to the bank account, it costs about 1% and when you use a credit card account, around 2%, which is very nominal.
Restrictions and other features
Webmoney handles primarily eastern European currencies and it is advisable to use it only if the sportsbook works with those currencies. In addition, betting online through it is not available to United States residents due to legal problems.
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