Methods of Deposit and Withdrawal on CyberBet

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Nice App
Bet Guide Rating
8/10
CyberBet bookmaker
Way of payment
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Min Deposit
300 KSH
Tax
No
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13 January, 2024 (updated 7 June, 2024)
21 Minutes to read

Cyberbet has curtailed its betting activities. Now, this platform is only for casino lovers.

As time goes by, the online betting and gambling industry is getting more and more attention. Now, you can fund your account and request a withdrawal without any hassle. You can make online transactions extremely easy using a few methods that are convenient for you. 

We buy various products on the Internet, send money to our friends, and fund accounts to bet on sports events. Let’s look at the deposit and withdrawal methods available at CyberBet, how to fund an account and withdraw winnings, and the terms and conditions associated with online transactions at modern betting sites.

Quick Facts About CyberBet 

Quick Facts About CyberBet

The first appearance of CyberBet on the Internet was indicated in 2020. But although CyberBet is a young bookmaker, it’s showing incredible results in offering sports betting options and casino games. The bookmaker perfectly meets the needs of both beginners and experienced bettors. 

  • There are plenty of sports to select from, numerous types of bets, many daily live events, many categories of bets, and generous offers. 
  • In addition, there are over a thousand casino titles from tens of different providers, as well as popular crash games such as Aviator. 
  • CyberBet also follows the mobile betting trend and offers convenient mobile applications for Android smartphone users. 
  • As the bookmaker’s name suggests, there is a whole section dedicated to eSports, with games and tournaments on Counter-Strike, Dota 2, and other games.
  • There is an incredible CyberBet contacts section, which you can learn about in our comprehensive bookmaker review.

CyberBet Deposit Methods 

CyberBet Deposit Methods

Every time you enter the platform that asks you to fund your account, it’s important to find the method you know how to use. If there are no options you’re familiar with (unlikely), you can register an account using one of the available methods or leave the site. However, it is possible that CyberBet will not disappoint you with the number of supported payment methods. Check them out.  

CyberBet Deposit Methods Table

Each method in the table has been tested and approved by security checks. Some of them are faster, and some require you to wait for a while. Some methods have transaction fees and different limits. Consider which methods have the highest deposit limits and no fees.

Payment MethodAccept KESFeesMin depositProcessing Times
M-PesaYes23-210 KESKES 300Instant
Banking Cards (Visa/Mastercard)YesNo feeKES 500Instant
eWallets (Neteller, Skrill, ecoPayz, Perfect Money).YesNo feeKES 500Instant
BitcoinYesNo feeKES 5000Instant

Step-by-Step Guide on How to Deposit 

CyberBet Step-by-Step Guide on How to Deposit

Funding an account is easy at CyberBet. We have a video that makes the whole process straightforward and easy to follow. If you have any questions, just follow the instructions below, repeat the steps, and you will be able to fund your account in just a few minutes. Once the money has arrived, you can start betting immediately. Please note that there may be some delays. The transaction speed depends on the current number of transactions through the selected payment service (server overloads). 

How to Deposit: M-Pesa

Mobile money options are always on trend, as they are easy to use, have low commissions, and proceed with instant transactions. We all have accounts at M-Pesa, so it won’t be a problem to enter the M-Pesa phone number and confirm the transaction. Check the quick step below:

How to Deposit
M-Pesa on CyberBet

Visit the Website or App and Login

Find the CyberBet website on the search panel, or launch the app and go to the login (sign in) tab. Enter your phone number and password.

Hit the Balance Button

There’s your current balance – 0.00, which will be changed in a minute. All you need to do is to click on the number and open the payment page.

Select the M-Pesa

Click on M-Pesa and enter the deposit amount. Provide your cell phone number and enter the promo code if you have one. Click “Pay” to submit the request.
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100% Welcome Bonus
Up To 30.000 KES
CLAIM

How to Deposit: Perfect Money 

Digital wallets have entered our lives as one of the fastest and most convenient ways to transfer money from one account to another. Perfect Money is a popular wallet supported by CyberBet. If you have an account with Perfect Money, please follow the instructions below. The same procedure can be applied to any other available digital wallets.  

How to Deposit
Perfect Money on CyberBet

Head to the Website and Login

Go to the official CyberBet website and click on the login button. Enter your cell phone number and password. You can recover your password if you have forgotten it.

Open the Payments Section

Press on the balance button, which is probably empty. Scroll down the list of available options and find “Perfect Money.”

Specify the Details

To enter the correct payment details, please copy them from your Perfect Money account. Enter the amount you wish to deposit and click the “Pay” button.

How to Deposit: Cryptocurrency 

Crypto payments have become popular for paying on the internet, especially on betting sites. That’s because crypto is a currency that does not need third parties to proceed with the transaction. As a result, it takes less time to make a deposit. Also, you don’t need to pay commission for operations. At CyberBet, you can pay using various cryptocurrencies, such as Bitcoin, Tether, Litecoin, Doge, Bitcoin Cash, etc. 

Go to the Cashier 

Go to the CyberBet website and open the Cashier section by pressing the “Balance” button. 

Select the Crypto 

There is a list of available payment methods where you can find different crypto wallets and currencies. First, make sure you have enough coins in your wallet. Then select the coin you want to send.

Enter the Wallet Details 

If you want to send crypto, you’ll need to know the wallet number. Enter it in the special window and specify the amount. Pay attention to the minimum deposit amount for crypto payments. They may be higher than average.

BC logo
100% Welcome Bonus
Up To 30.000 KES
CLAIM

CyberBet Withdrawal Methods 

CyberBet Withdrawal Methods 

Getting your money out is a crucial step in betting activity. The process must be safe, quick, and convenient. Fortunately, CyberBet is a reliable bookmaker with a simple withdrawal process that won’t cause any delays or take any fees. Analyze the table below to see the available withdrawal methods. 

CyberBet Withdrawal Methods Table

The table below shows the withdrawal methods available at CyberBet, along with their main features, such as fees, minimum withdrawal amount, and average processing time. It is also extremely important to note that you must use the same methods for funding and withdrawing money. So, for example, if you used M-Pesa for investing, use the same M-Pesa account when requesting withdrawals.

Payment MethodAccept KESFeesMin withdrawalProcessing Times
M-PesaYesNo feeKES 3000Up to 1 day
Banking Cards (Visa/Mastercard)YesNo feeKES 2000Up to 1 day
eWallets (Neteller, Skrill, ecoPayz, Perfect Money)YesNo feeKES 2000Up to 1 day
BitcoinYesNo feeKES 10000Up to 1 day

Step-by-Step Guide on How to Withdraw

The process of withdrawing your winnings from your betting account is similar to the process of depositing. However, before requesting a withdrawal, please analyze the terms and conditions of the wagering requirements and make sure that all the money in your account has been wagered correctly. If you have not yet used your bonus money, you can withdraw your winnings now by following the steps below. 

How to Withdraw: Website 

Desktop users accessing CyberBet via the website can easily collect their winnings by any preferred method. To do so, it is necessary to go through the methods, taking into account the peculiarities of the site.

How to Withdraw
CyberBet Website 

Visit the Website and Login

Go to the official CyberBet website and click on the “Login” button. Enter your email address or phone number and password in the fields to authorize on the site.

Open the “Cashier”

The balance line will appear in the top right corner. It should have enough money, so click on it and go to the payment page.

Select the Option and Send a Request

Here, you will need to select where you would like your winnings to be sent. Be sure to use the same method you used to deposit. Specify the amount and enter the mobile number associated with your preferred payment method.

How to Withdraw: Mobile App 

The popularity of mobile betting has grown dramatically, with many betting apps available. CyberBet also offers you a convenient application where you can place bets on sports events, fund your account, and withdraw your winnings. See how withdrawals work through the application.

Website 
CyberBet Mobile App

Download and Launch the App

In fact, mobile apps bring convenience to your betting experience. And if you’re the type who prefers the convenience of betting on the go, download and launch the app for your Android device. The APK file is located in the footer of the website.

Login and Open the Payments Page

Press the application icon and go to the login page. Enter your credentials and access your account. Click on the “Balance” line and go directly to the payment page.

Select the Desired Options

Look through the available methods and find the one you used to make your deposit. CyberBet requires you to use the same method for both deposits and withdrawals. But it’s also better for you because you don’t need to enter any more details. Just enter the amount and confirm the request.

How to Withdraw Using Mobile Money 

Mobile money services are extremely popular in Kenya. You can use them to pay for goods, transfer money to your friends, access your savings or credit, fund betting accounts, and withdraw winnings. One of them is M-Pesa. M-Pesa is a phone-based service that allows you to transfer money. Fortunately, CyberBet supports M-Pesa for both deposits and withdrawals. Check out the Mobile Money (M-Pesa) withdrawal process below. 

Launch the App or Visit the Website 

The first step is to access the platform and get authorized. Open the site and log in, entering your email and password. 

Open the Cashier Section 

Hit the “Menu” button and open the “Withdrawal” page with the list of payment methods. M-Pesa is the first on the list. 

Request a Withdrawal 

Enter the amount you want to send to your M-Pesa mobile money account and your M-Pesa phone number. Finally, click on “Initiate Withdrawal”.

Possible Payment Problems at CyberBet 

Although modern bookmakers offer the easiest financial operations, sometimes, it can trigger problems. However, here we discuss the most common issues and their solutions. Below is a list of common troubleshooting issues you must be aware of. 

Withdrawal Request is Not Accepted 

You may end up in a situation where you enter the details on the withdrawal request, but your money has returned to your balance. What are the problems: 

  • You have accidentally entered the wrong account holder name. CyberBet requires you to enter your name and use the payment methods with your name. If you try to send money to someone else’s account, there’s a good chance that it will be rejected. 
  • The verification process has not been completed. In fact, verification is an essential requirement of the bookmaker. You’re required to send your documents to prove your identity, including your age, to request a withdrawal. If you’ve already sent your documents, contact support again to confirm whether verification has been completed or not. 
  • You are trying to use different methods to withdraw from deposits. Be sure to use the same method you used to deposit. 
  • Errors in the information provided. It’s possible that there are errors because you entered incorrect information. Don’t worry – you can try to request a withdrawal again after double-checking your information.

Payment Waiting Times 

A common question is, “How quickly can I receive my winnings?” At CyberBet, you will find several options to transfer funds, but each method has its own waiting time. On average, deposit times are almost instantaneous and strictly depend on the website activity. However, withdrawals may take a little longer, as you need to proceed with verification, and once the request is sent, the administration will check if you meet the main requirements. As a result, withdrawals take longer. 

  • The minimum waiting time for deposits is instant. 
  • The minimum waiting period for withdrawals is one business day.

If you feel the problem and your money doesn’t come, go back to the possible problems and try to find out what’s wrong. If everything is okay, but your money has not arrived, don’t hesitate to ask for help using the live chat on the site or write an email. Customer support will be happy to help you with your problems. 

Conclusion 

CyberBet Conclusion

Your overall betting experience depends on many factors, including how fast and convenient your payments are. CyberBet is one of the bookmakers with an excellent payment policy, offering a wide range of fee-free payment methods for deposits and withdrawals. Now you can forget about long waiting times and high fees. Modern bookmakers like CyberBet will bring your betting experience to a new level. 

FAQ

What is the withdrawal period?
Payout times depend on many factors, but if you meet verification and other requirements, your payout will take no longer than 1-3 days.
Can I cancel my request for payment?
Yes, it is possible to cancel the withdrawal request and get your money back into your account. However, if your money has already been credited to your payment method, you will need to refund it.
Does Cyberbet charge for withdrawal?
CyberBet does not charge any service fees for any type of payment.
What is the minimum deposit in CyberBet?
300 KES.
Rating

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