How Long Does a TopSport Withdrawal Take

Let’s get straight to the point and address the question we’re all here to ask: How long does a TopSport withdrawal take? The short answer is that it can be between 1 and 3 days. 

This is mainly because TopSport operates under an Australian bookmaker licence and is bound by far stricter regulations than its international counterparts. In addition, the Australian banking system has strict legislation around anti-money laundering, and many institutions have implemented strict measures to protect their customers.

While safe and secure transactions using trustworthy Aussie-centric platforms are blessings, the downside is that such measures result in fewer withdrawal options being available for Aussie players and longer processing times. 

After weighing these factors and the pros and cons of using an online bookmaker that’s integrated with the Australian banking system, the team here at Betsquare all agreed that we’d rather err on the side of caution when it comes to our finances and take the security over speedy transactions.

Under the Interactive Gambling Act 2001, online bookmakers must verify a new user’s identity before allowing them to deposit funds or place bets. These requirements form part of the operator’s licensing terms and must be fulfilled.

The myriad benefits of such stringent measures include safeguarding players against identity fraud, preventing minors from illegally accessing gambling-related materials, and helping prevent operators from handling funds attached to criminal activities. 

To this end, in addition to the restrictions on the available banking methods players can use at Australian casinos, bookies operating under Australian licences must verify the identity of all new customers before any transactions can be made. 

To satisfy the casino verification requirements, once you have registered your account, head to the My Account area of the website and click on Verify Account. This will take you to a secure portal where you must submit 2 forms of ID. 

Click on the drop-down to choose from many accepted documents, such as your driver’s license, Medicare card, Australian passport, ImmiCard, birth certificate, and more. In most instances, this electronic verification should suffice. However, if TopSport Casino does need further information for third-party verification purposes, copies of one or more of the following might be requested: 

• Current Australian Driver’s Licence
• Current Australian Passport
• A utility bill no more than three months old displaying your supplied residential address. 

Failure to satisfy such a request for ID verification will result in your account being suspended, and you won’t be able to place any wagers.