LVbet withdrawal & cash out info
LVbet tries to authorize all withdrawals within 24 hours, but warns that it may take a bit longer, depending on the transfer method, bank transfers may take up to five days. Transfers that require conversion from one currency to another are usually accompanied by a fee to the system you use for transfer, and you may want to check which systems are most affordable. The operator recommends Neteller for the fastest money transfer. Besides this, credit cards, bank transfers, Trustly, MuchBetter, ecoPayz and Skrill are also used.
For most of the depositing methods that LV Bets offers, the funds are instantly credited so that you can take advantage of your game account once you have transferred. If you take advantage of a bank transfer, however, you will need to attend the 3 – 5 days waiting period, You can set limits on your deposits if you wish and there are occasional spins that you can play without depositing.
You can create a user without depositing, but you will only be able to access demonstration games for fun, not for gain. The minimum requirement for a deposit is 10 EUR, or the equivalent in another currency. The maximum amount is limited by the transfer method you use. All currency will be converted into euros, as this is the main currency LVbet operates with, besides transfer by credit card, LV Bet receives deposits from multiple transfer systems. Some of these are listed further up in this review.
In the huge range of online betting operators it can be difficult to find a gaming site that is right for you. The betting side LVbet was established in 2016, and operates under licence through Fairload LTD., which is based in Malta, and thus goes under EU regulations in For safe gaming and gambling online. They have license for online gaming also for live online betting, and have as of June 2019 no sanctions on the license. Fairload LTD. Operates with LV Bet as the sole gaming side.
LV Bet is a result of safeplay and very high security. They have encryption on the website, which protects your personal information and information about the transfer of money, through a 256-bit encryption, i.e. Advanced Encryption Standard. They follow the personal safety guidelines and laws set and controlled through the Malta Gaming Authority, which also stands for LV BET’s owner Fairload Ltd. ‘s gaming licence in conjunction with the UK Gambling Commission, and therefore follows the ACT on the Protection of Personal Data under Eu regulations.
If you want to withdraw more than 5k, the operator will be required to check your identity. The operator also uses KYC, or Know Your Customer, which is a verified process used to identify and assess customers should they have criminal intentions. The games offered are checked and tested by eCOGRA (eCommerce Online Gaming Regulation and Assurance), which is an independent group that tests games and operators to ensure that they are executed fairly and responsibly, that the age limit is held, and to maintain Protection of the players. Unresolved disputes can be addressed with eCOGRA under certain circumstances.
LVbet cashout limits
Payouts are made according to player requirements. The first amount paid in the week is free. Should you be paid an amount number two the same week, the operator will add a fee of 5 euro. The minimum payout you can withdraw is 20 euro unless you have a balance below 20 euro and you cannot withdraw more than 5000 euro per day. These limits are very high and fits good for all kind of players.
LVbet customer support
LVbet has both chat and email that are readily available on the support page. They have also attached a telephone number to their office in Malta. Chat and e-mails (filled out through a form on the website) are answered in Polish, German or English, and only between the clock 08.00 and the clock 23.00 on weekdays. The phone is open between 10.00 and 20:00 on weekdays. You may need to calculate time differences depending on where you are located.
The operator scores quite high on customer support and is friendly, professional and efficient on chat and phone. Should you wish a more indirect contact with customer support, they have a detailed and solid list of frequently asked questions and answers about everything from registration, deposits and withdrawals, to bonuses and security. LVbet is also found on social media sites, respectively Facebook and Twitter, where they launch news frequently, as well as photos and videos, mainly concentrated around their biggest market group.