betED.com :: Banking Information

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Banking Information

Deposit Options

betED prides itself on offering the widest selection of payment options available, ranging from our popular instantCheck method to e-wallets such as Moneybookers and NETeller. Of course, we also accept Visa. Below is a detailed list of the deposit methods available at betED.com.

Deposit Type	Description	Min	Max	Fees
#1 Customer Choice!	Preferred deposit method Online deposit Instantaneous and secure	$10	$2,000	Free
	Best choice for Poker Instant, secure We require the Credit Card Authorization Form upon depositing	$20	$300	Free ¹
	Person to Person Transfers We cover all transfer fees on deposits of $300+	$100	$1,900	Free ^1,2
Get a NETeller Account Not available to US customers	E-wallet account Uses Electronic Funds Transfer (EFT) MasterCard or VISA	$10	$1,000	Free
Get a Moneybookers Account Not available to US customers	E-wallet account Uses Electronic Funds Transfer (EFT) MasterCard or VISA	$10	$5,000	Free
	Please call Toll Free 1-877-77-BETED (1-877-772-3833) for more information.	$300	no limit	Free ²

Withdrawal Options

betED is well known for its speedy, hassle-free payouts and always processes our players' withdrawals on a timely basis. Due to our solid, industry-leading processing systems, we have an unbroken track record of processing on time and without worry since our company's inception in 1996. To perform a payout, simply fill out the Withdrawal Form in the Cashier Section of your account.

Withdrawal Type	Description	Min	Max	Fees
	Request your funds via direct deposit to your personal checking account. This method will be used for all payments via Credit Card and MoneyTransfer deposits. ¹	$10	$3,000/wk	Free
	Request a cash payout using person to person money transfer. Please call one of our Customer Service Reps at 1-877-77-BETED for more information. ¹	$100	$3,000/wk $1,000/day	Amount dependent (please contact Customer Service for up to date fees)
	Request a payout via Neteller and once approved, your Neteller account will be processed within 48 hours. ²	$10	$3,000/wk	$10- 500 = $15 $501-1,500 = $30
	Request a payout via Moneybookers and once approved, your Moneybookers account will be processed within 48 hours.	$10	$3,000/wk	$10- 500 = $15 $501-1,500 = $30
	Request your funds via bank wire and you will receive your funds in 3-4 business days. Contact our Accounts Department, or call 1-877-77-BETED to request now. ³	$50	$3,000/wk	(amount x .005)+$55

¹ Any payouts requested after 3pm EST will commence processing the following business day.

² Any payouts requested after 5pm EST will commence processing the following business day.

³ Any payouts requested after 10am EST will commence processing the following business day.

Unless otherwise noted above, all payouts have a max of $1,500 per request and $3,000 per week.

There is a 10% processing fee for all refunds (funds not wagered one time minimum).

The InstantCheck method will be used for all payments via Credit Card and MoneyTransfer deposits. Please also note that at the discretion of betED Management, the instantCheck payout method may be used to complete player withdrawal requests regardless of the method used to deposit.

When a deposit is made with a credit card, there is a 30 day waiting period, from the date of your last credit card deposit, before withdrawals can be processed from an account.

Please Note - Payout requests cannot be processed until the receipt of funds from all pending deposits has been confirmed.

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