| Banking |
| Readbet offers players, quick, easy and safe banking methods. Deposit instantly and make a withdrawal request at anytime. |
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| Identification Requirements |
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Please note that as per Federal legislation requirements, acceptable identification must be received within 90 days of opening your account, and prior to any withdrawals being processed. Find out more about identification requirements here |
| Bank Transfer | |||||||||
| Request a withdrawal from your Readbet account back to your bank account by: • Contacting our Customer Service department • Make an online request via the secure forms on the My Account page | |||||||||
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| Please Note: Your withdrawal will not be deducted from your account balance until such time as the withdrawal is processed. During this time, you will still be able to use your balance to bet with. Withdrawal requests received prior to 11 am (AEST) are processed the following bank day, and requests received after this time will be processed the following bank day. If you request a withdrawal, but change your mind within the pending period, you can reverse your withdrawal and continue betting. How to reverse my withdrawal If you request a withdrawal, but change your mind on the same day, you can reverse your withdrawal and continue betting. To reverse a withdrawal:
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| Identification Requirements |
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Please note that as per Federal legislation requirements, acceptable identification must be received within 90 days of opening your account, and prior to any withdrawals being processed. Find out more about identification requirements here |
| Withdrawal Processing Times | |
| Your withdrawal will not be deducted from your account balance until such time as the withdrawal is processed. During this time, you will still be able to use your balance to bet with. Withdrawal requests received prior to 11 am (AEST) are processed the following bank day, and requests received after this time will be processed the following bank day. If you request a withdrawal, but change your mind within the pending period, you can reverse your withdrawal and continue betting.
How to reverse my withdrawal If you request a withdrawal, but change your mind on the same day, you can reverse your withdrawal and continue betting. To reverse a withdrawal:
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| Intention to Bet |
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Please note that your Readbet account should not be used as a banking facility and deposits should only be made with a view to using funds to place bets. Should customers make repeated deposits and withdrawals without commensurate bets being placed, we reserve the right to pass on to the customer's account - without prior notice - any bank charges we have incurred before closing the account. Furthermore, in the instances where Readbet absorbs Banking Transaction fees, if the entire deposit amount is not bet through (turned over) at least once, any transfer charges associated with the deposit/withdrawal amount will be deducted from the account prior to the withdrawal - at a minimum rate of five percent (5%). |
| Acceptance of Fund |
| Readbet, in its absolute discretion and without giving reason, reserves the right to refuse to accept any type of payment presented to it irrespective of whether it has previously accepted such payment type from that customer or would usually accept that payment type from any customer. |

