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Betway Deposit Methods In 2024


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If you want to bet on Betway, you must know how to complete your Betway deposits. Betway is undoubtedly one of the biggest bookmakers in Nigeria, offering sports betting and casino games. It offers a welcome bonus of 100% up to ₦250,000. However, after creating an account, bettors have to fund their accounts to start placing bets. This article will discuss the various Betway deposit methods available for Nigerian bettors.

How to Deposit Money on Betway?

Below is a step-by-step guide on how to deposit money on Betway.

  1. Login to your Betway account to make your deposit.
  2. Click on the ‘Menu’ button at the top left hand of the homepage. Betway Deposit Methods
  3. Then select the ‘Deposit Funds’ icon from the menu’s drop-down. You can also click on ‘Deposit’ at the bottom of the page. Betway Deposit Methods
  4. The website will direct you to a page where you will find the various payment methods. Choose the one that best suits you. Betway Deposit Methods
  5. Then enter the amount you wish to deposit.
  6. Follow the prompts to finalize your transaction.

What Are Betway Deposit Methods?

Whant to learn how to deposit on Betway? Betway deposit methods are the channel customers on the platform use to fund their accounts before placing bets. Some of the available payment methods on Betway are:

Deposit Money on Betway via Airtime

One of the simplest ways to top up your Betway account is to use a voucher. You don’t need a bank account or a credit card to deposit, making them convenient.

Instead, purchase a voucher from any retail store and use it to recharge. Follow these steps to deposit money on Betway via Airtime:

  1. Visit the Betway website and log into your account.
  2. Click on the menu option and select ‘Vouchers’.
  3. Enter your voucher PIN.
  4. Then click on the Redeem button.
  5. Your funds will be credited into your account after following these steps.

Deposit Money on Betway via USSD

This service is that it does not require an internet connection. Also, the money transfer is compatible with smartphones. These services are secure and efficient.

Betway provides a GTB USSD code to customers to fund their accounts. Follow these steps to deposit money on Betway via USSD.

  1. Enter the USSD code and the amount you want to deposit.
  2. Then enter the phone number you used to open the bank account, which should be the same as the one you used to open the betting account.
  3. To process the funds, enter your pin.
  4. Then press the “Okay” button. Betway will process your cash and send you an SMS/email notification.

There are Betway deposit limits. The minimum amount you can deposit using this method is ₦100, and your funds are usually credited immediately. However, a service charge of ₦20 applies when using this payment method.

Deposit Money on Betway via Quickteller

The Quickteller option is one of the fastest payment methods on Betway. Moreover, making payments using Quickteller is straightforward. Here are the steps to follow.

  1. Visit any ATM, and select ‘Pay Bills’ or ‘Quickteller’ depending on the ATM.
  2. Select your account type, then choose either ‘Pay Merchant’. Next, enter the Betway Merchant code.
  3. Then Input your account number, which is the phone number you used for registration.
  4. Enter the amount you wish to deposit. Input your phone number and select proceed.
  5. You will receive a confirmation that your transaction is successful.

Steps to Deposit Money via Quickteller App

Users can also deposit money using their Quickteller App by following these steps:

  1. Open the app and log into your Quickteller Wallet.
  2. In the ‘Search Merchant” tab, Pick Betway.
  3. Then Fill in the blanks with the needed information, then click on continue.
  4. Select an account from which to make a payment.
  5. Fill in your account information.
  6. Your Betway account gets credited with your deposit amount, and you will receive a confirmation email.

Steps to Deposit Money via Quickteller Web

If you prefer to access Quickteller from your website browser, here are the steps to follow:

  1. Visit the Quickteller website to access your Quickteller Wallet.
  2. Go to Pay Bills. From the options on the screen, choose Betway.
  3. Fill in the requested information: and click on continue.
  4. Select an account from which to make a payment.
  5. After you’ve chosen an account type, fill in your account information.

Steps to Deposit Money via Quickteller Paypoint

You can also follow the steps below to complete your Betway deposit via Quickteller paypoint.

  1. Visit a Quickteller Paypoint representative.
  2. Give the agent your Betway account number (registered mobile number) and the deposit amount.
  3. The agent will complete your transaction.
  4. You will receive an SMS confirmation saying that your Betway transaction was successful.

A transaction using the Quickteller payment method is usually immediate, and the minimum amount you can deposit is 100.

Deposit Money on Betway via Bank Cards

Deposit on Betway via Bank Cards is one of the most popular methods used by bettors on this platform. The process is easy, and you can follow these steps:

  1. Visit the website and Go to ‘My account.’ Then Select “Deposit Funds” from the drop-down menu. Next, select “Credit/Debit Card”.
  2. Fill in the amount you want to deposit.
  3. The screen where you may enter your debit card information will appear. Then fill in the appropriate fields.
  4. The site will prompt you to confirm the transaction.
  5. Your Betway Cash will be credited to your account if your transaction is successful.

A transaction using this payment method is immediate, and the minimum amount you can deposit is 100. However, this method doesn’t require a service charge.

Deposit money on Betway via Paystack

Payments using paystack are fast and secure. In addition, with this method, punters can make deposits using various depositing options. Here are the steps to follow:

  1. Visit the Betway website and log in to your account.
  2. Go to “My Account”, then click on ‘Deposit Funds’.
  3. Select Paystack checkout from the Deposit options.
  4. Tap the “Proceed” icon after entering the amount you want to deposit.
  5. A pop-up window will appear, allowing you to choose your payment option.
  6. Choose from a variety of payment options.
  7. Once you’ve made your choice, follow the on-screen instructions until your payment is complete.

The transaction is immediate when you use this payment method, and the minimum amount you can deposit is ₦100.

Deposit Money on Betway via Bank Transfer

Funding your Betway account via bank transfer is secure as it doesn’t involve a third party. Follow these steps:

  1. Visit the Betway website and log in to your account.
  2. Go to ‘My Account’ then click on ‘Deposit Funds’. Then Click ‘Bank Transfer’ on the Betway deposit page.
  3. Enter the amount of money you want to transfer in the space provided, then click proceed.
  4. The site will direct you to the Paystack payment portal, where you will choose your bank and enter your account number.
  5. Once the website verifies your bank details, the Paystack gateway will lead you to your internet banking portal, where you can complete your transaction.

The transaction is instant using this method, and the minimum amount you can deposit is ₦100. Also, the Service charge doesn’t apply.

Betway Welcome Bonus

During registration, new users can enter the Betway sign up code MAXSPORT. Then they can claim the welcome bonus on the website. As a result, new users get a 100% first deposit bonus of up to ₦250,000 if they meet all the bonus terms and conditions.

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How Long Does Betway Deposit Take?

The time it takes for funds to appear in your Betway account is determined by the Betway deposit option you use. However, most of the deposit choices on the site allow for near-instant deposits.

Can I Withdraw My Deposit on Betway?

Players can only withdraw their winnings on Betway after placing a successful bet using their deposit amount. So, Betway does not allow users to withdraw their deposits without using it to bet.

What Is The Minimum Amount to Deposit in Betway?

The minimum deposit you can make on Betway is ₦100. To do this:

  1. Visit Betway and Go to ‘My Account’.
  2. Then Click on ‘Deposit Funds’.
  3. Check the information for each deposit method. It states ₦100 as the minimum amount players can deposit using any option.
  4. Then use any of the options to deposit your funds.

How Much Can I Deposit on My Betway Account?

The amount to deposit on your Betway account depends on the payment method. However, ₦100 is the minimum deposit amount you can make on the betting site.

Depending on your deposit option, your Betway deposit limit is to deposit as much as ₦1,000,000 on your account.

Betway Deposit Problem: What Should I Do?

Users might encounter a problem when depositing funds in their bet accounts. For example, it might result from a server error or a problem with a limit on a credit card.

It could also be due to being denied from depositing by the bookmaker etc. When players encounter such problems, contact customer service via live chat or email to help fix your problem.