TonyBet Withdrawal Times: How Long Does Withdrawal Take?

TonyBet is a leading sportsbook and online casino available in Canada. This page will tell you everything that you need to know about withdrawing your winnings from TonyBet Canada

Our experts will cover how to make withdrawals, available withdrawal methods, and tell you about TonyBet withdrawal times for each method. 

TonyBet was founded in 2003. This makes it one of the oldest and most trusted betting sites in Canada. It stands out for its deep betting markets, prop bets, and VIP program. The TonyBet Casino is also very impressive, with hundreds of games from top software providers.

Another strong point for TonyBet is that the site is available everywhere. It is licensed by iGaming Ontario and the Kahnawake Gaming Commission. So, whether you are in Ontario, Quebec, or B.C.,TonyBet is available to you.

TonyBet withdrawals are extremely consistent, but they are unfortunately not very fast. This is mostly due to the limited options available, especially in Ontario where the law makes it hard for TonyBet and other betting apps to have many methods available.

Another thing that might slow TonyBet withdrawals down are holidays, banking hours, and account verification. You cannot request a withdrawal if your account is not verified and your financial provider won’t process withdrawals on holidays and outside of banking hours.

Here are the current TonyBet withdrawal methods, how long each one takes, and some other important information you should know:

Withdrawing from TonyBet is a super simple process. Just follow this step-by-step guide to learn how to collect your winnings.

1. Create Your Account: Before you can actually withdraw money, you have to have a TonyBet account. Just go to the official TonyBet Canada website, select sign up, and follow the steps to create your account.
2. Verify Your Identity: Before you can deposit money into your account, you will have to upload documents to verify your identity. Typically a picture of your government ID (driver’s license, passport, etc.) will be enough, but you may have to upload further proof of address.
3. Start Playing: Make your first deposit and start betting on sports and/or playing casino games for real money.
4. Withdrawal: Select your account balance to access the deposit page. Then, scroll down to the withdrawal options and choose your withdrawal method. Enter how much you want to withdraw and submit your request.
5. Wait: TonyBet withdrawals take 1-3 banking days on average, so be prepared to wait a little bit before you get your winnings.

Tips For Fast Withdrawals

• Provide Accurate Information: The biggest reason for delayed withdrawals is incorrect information. If the name, address, date of birth, and other personal information you gave TonyBet doesn’t match the information your bank has, you may face long delays.
• Verify Early: One way to know if you will have any problems with your account verification is by doing it at the last minute. Verify your identity as soon as possible so you can start enjoying your full TonyBet account.

Time Withdrawals: TonyBet and your financial provider will not process your withdrawals on non-banking days. Keep holidays and weekends in mind when you request your withdrawals to avoid unnecessary delays.

Like a lot of Ontario betting sites, TonyBet Canada doesn’t have the most withdrawal options. However, outside of Ontario, TonyBet has a good amount of options that are very convenient for Canadian sports bettors and online casino players. See the full breakdown below:

• Visa/Mastercard: Credit and debit card transactions are by far the most common way to send money to and from your TonyBet account. Once you set up your card for deposits, you can use it for withdrawals too. Just make sure you have your identity verified and that all the information you gave TonyBet matches what’s on your card. Visa/Mastercard withdrawals have a $10 minimum withdrawal requirement. You will usually have to wait at least 1 banking day before you will get your winnings. Waits as long as 3 banking days are common.
• Interac e-Transfer: Interac is arguably the second most popular payment method in Canada (only behind credit and debit cards). Like with Visa/Mastercard withdrawals, you can use Interac to withdraw money to your bank account once you use it for a deposit. The process and terms are almost identical to Visa/Mastercard withdrawals. There are no transaction fees, but there is a $10 minimum requirement and an average wait time of 1-3 banking days.
• Ewallets: Payz, Mifinity, MuchBetter, and other popular ewallets have recently taken the online casino and sports betting market by storm. These methods are just as convenient and secure as Visa/Mastercard, while also being even faster. However, they are unfortunately not available to TonyBet users in Ontario.
• Cryptocurrency: Bitcoin, Litecoin, and other popular cryptocurrencies are very popular at offshore betting sites. There are even many crypto sportsbooks that only accept cryptocurrencies. If you are outside of Ontario, you can use crypto for your TonyBet withdrawals.

These four main payment options don’t seem like much, but most Canadians - including probably yourself - will already use Visa, Mastercard, or Interac. This means most people will have no problems using TonyBet.

With that being said, if you want to see some other betting sites with more options, check out our dedicated withdrawal time pages:

• Sports Interaction withdrawal times
• Betway withdrawal times
• Bet365 withdrawal times
• Leovegas withdrawal times

Unavailable Withdrawal Methods

Now that you have seen what withdrawal methods are available at TonyBet, let’s talk about some of the popular ones that it’s missing:

• Prepaid Cards: Neosurf and Paysafecard are ideal choices for players who value security and speed. They aren’t accepted everywhere, so it’s no surprise to not see them at TonyBet. However, we think any betting site would be better if it allowed prepaid card withdrawals.
• PayPal & Apple Pay: While TonyBet accepts MuchBetter, Jeton, MiFinity, INSTADEBIT, and Payz, it does not accept PayPal or Apple Pay. These are two of the most popular ewallets in the world, so it’s a shame that they are not available.

TonyBet Canada is a very good betting site with hundreds of high-quality casino games and numerous sports betting markets. However, it has fairly limited withdrawal options. Limited does not mean bad options though.

At TonyBet, you can use Interac, Visa, MasterCard ewallets and crypto. These are all very convenient withdrawal methods that most Canadians know how to use. This is why we still recommend TonyBet and think that it is a great choice for anyone looking for a new betting site in Canada.