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    4. How to close a betting account and get your money out

    How to close a betting account and get your money out

    How to close a betting account in Australia: withdraw your balance, what the bookmaker must do, when to self-exclude instead, and why BetStop closes them all.

    By the B337 team. Last updated 8 October 2026.

    The short answer

    • To close a betting account, withdraw your balance, then ask the bookmaker to close it in its app or website, by email or by phone; the closure must start as soon as your request arrives.
    • The account closes once every open bet has settled; the bookmaker can check that you want to go ahead, but must not offer you anything to stay or market to you afterwards.
    • Closing ends one account, not your ability to open another: self-exclusion keeps you out of one bookmaker, and BetStop makes every licensed online and phone provider close your accounts.
    • A betting account cannot be deleted outright, because anti-money laundering law makes a bookmaker keep your transaction records for 7 years.
    • Closing an account with betting software or a tipping service closes nothing at a bookmaker, so close each account where it is held.

    On this page

    1. Close a betting account in six steps
    2. What the bookmaker must do, and must not do
    3. A worked closure with money and a bet still in the account
    4. Closing compared with a break, self-exclusion and BetStop
    5. BetStop closes every account at once
    6. Marketing after you close
    7. Deleting a betting account versus closing it
    8. Closing software and tipping accounts
    9. Mistakes that leave an account half closed

    To close a betting account, withdraw your balance, then ask the bookmaker to close the account through its app or website, by email or by phone. Under the national framework the bookmaker has to begin closing it the moment your request lands, and the account closes once your last open bet has settled.

    Closing ends one account and nothing more. If the aim is to stop betting rather than to leave one bookmaker, self-exclusion or BetStop does a job that closing cannot.

    Close a betting account in six steps

    1. Check what is still in the account: the cash balance, any bet that has not settled and any bonus bets.
    2. Withdraw the cash to your own bank account. Winnings cannot be paid out until your identity has been verified, so finish any check the bookmaker asks for first; betting withdrawals explains why a request can sit pending.
    3. Save a copy of your transaction list. Even after closure, the national framework says you should still be able to look back over at least the preceding 7 years of transactions, but a copy you download now is one less thing to chase.
    4. Ask for the closure through the app's account settings, the website, email or phone, giving your username or account number and asking for written confirmation.
    5. Let open bets settle. The closure starts at once, but the account closes only when the last bet has settled, so ask for anything a winning bet adds to be paid to your bank account.
    6. Once the confirmation arrives, delete the app and the saved password, and remove the login from any betting software or service that held it.

    Tip: The request can be one sentence: "Please close my account under your account closure process, confirm in writing when it is closed, and pay any remaining balance to my nominated bank account."

    The national policy statement describes the measure as closing or cancelling an online wagering account, so asking to cancel your account starts the same closure process. If you hold several accounts, repeat the steps at each one. Every account stands on its own, as betting accounts in Australia explains, so closing one leaves the others open.

    What the bookmaker must do, and must not do

    Account closure is measure 5 of the National Consumer Protection Framework, in place since 26 May 2019 (26 November 2019 in NSW). The national policy statement sets these rules for licensed online wagering providers:

    The ruleWhat it means when you close
    The process is prominent and clearly explained, on the website and in your account areaYou should not have to search for it
    The process is simpleOne clear request should be enough
    Requests are taken through every channel you can bet through, and by email and phoneAn email works even if the app buries the option
    Closure starts immediately on receipt of the requestThere is no waiting period before it begins
    The account closes once all bets have settledAn open bet holds the closure until it settles
    The bookmaker may explain the effects of closing and ask whether you want to proceedOne "are you sure?" is allowed
    You must not be encouraged or induced to keep the account openNo bonus bet, boost or other reward to stay
    No direct marketing after the account has closedOffers that keep arriving break the rule

    Victoria's regulator lists the same duty in its own words: bookmakers must not offer rewards to encourage you to keep a betting account open (VGCCC, page updated 12 June 2026). Liquor & Gaming NSW went further in an industry alert on 5 December 2023. It named confusing closure information, and an administrative fee for withdrawing funds and closing an account, as barriers it expected NSW bookmakers to drop.

    A worked closure with money and a bet still in the account

    Example: Illustrative numbers only. The account holds $236.80 in cash, a $12 bet at $2.75 on a Saturday game, and a $5 bonus bet you have not used.

    WhenWhat happensCash coming to you
    WednesdayYou withdraw $236.80 and email your closure request$236.80 on its way to your bank
    WednesdayThe bookmaker starts the closure and may ask you to confirmNo change
    SaturdayThe $12 bet settles: a win pays 12 x 2.75 = $33.00$33.00 more, or $0 if it loses
    After the bet settlesThe account closes236.80 + 33.00 = $269.80 if the bet won; $236.80 if it lost

    The $12 stake left your balance when you placed the bet, so it was never part of the $236.80. The $5 bonus bet is not cash, so it sits in none of these totals; the bookmaker's terms decide what happens to it at closure.

    Because the account closes once the last bet has settled, a win can leave $33.00 behind, which is why the closure request should ask for any remaining balance to go to your nominated bank account. If it was the bookmaker that closed the account, not you, when a bookmaker closes your account covers the money and bets left in it.

    Closing compared with a break, self-exclusion and BetStop

    Each tool does a different job, so pick the one that matches what you want:

    What you wantThe toolWhat it does
    To stop using one bookmaker, for any reasonClose the accountEnds that account only; a new one can still be opened later
    A planned pause at one bookmakerA break, also called a time outLocks the account for a set time, then it reopens
    To be kept out of one bookmakerThat bookmaker's self-exclusionIt turns your bets away and will not let you open a new account during the period
    To stop all online and phone bettingBetStopOne registration closes your accounts with every licensed provider

    Take a break vs self-exclusion sets the options side by side, including the venue programs none of these reach.

    Risk: Betting involves risk. Closing one account while you keep betting at others changes little. If betting is costing more than you want it to, choose a tool that covers every account; responsible gambling lists limits and free, confidential support.

    BetStop closes every account at once

    The national self-exclusion register, BetStop, is free, run by the Australian Government, and has operated since it launched on 21 August 2023. A single registration reaches all of Australia's licensed online and phone wagering providers, which ACMA puts at about 150 (page updated 17 July 2026), and you cannot pick and choose. Each one has to close any account you hold with it, refuse your bets and new accounts, and stop marketing to you.

    The national policy statement says the money in those accounts has to be paid back to you after the last bet settles. BetStop's own answers add that closed accounts are not reactivated when an exclusion ends, so betting again would mean opening new accounts. You register yourself, for anything from 3 months to life, and you can lengthen the period later but never cut it short. BetStop explained covers registering, and the removal rules before and after 1 January 2027.

    Marketing after you close

    Once your account has closed, the national policy statement bars the bookmaker from promoting or marketing to you directly. Keep any offer that still arrives, with its date, and send it to the bookmaker with a request to stop. If it continues, take it to the bookmaker's licensing authority, which you will find on its row of ACMA's register. How to stop betting promotions covers unsubscribing at the accounts you keep.

    Deleting a betting account versus closing it

    You can close a betting account, but you cannot have it wiped. The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 makes a bookmaker keep records of your transactions for 7 years from when each record is made (s 107). It must also keep the records of its identity checks on you for 7 years after the business relationship ends (s 111). Those records also mean your history is still there to request after closing.

    Deleting the app is not closing either. The Australian Cyber Security Centre points out that uninstalling an app does not delete or deactivate the account behind it. The account and its balance stay where they were until you ask for closure.

    Closing software and tipping accounts

    An account with betting software, an odds tool or a tipping service is separate from your bookmaker accounts. Closing it closes nothing at a bookmaker, and closing a bookmaker account does not cancel the software's subscription. Close each account where it is held, and remove the bookmaker login from any software that stored it.

    B337 works the same way. Deleting a bookmaker account in the B337 dashboard deletes the sessions that use it and removes it from view straight away, but it does not close the account with the bookmaker. To close a B337 account and have its data deleted, you email support@b337.bet, and B337 confirms within 30 days, taking bookmaker credentials off first. Anyone who joins BetStop should also stop their B337 sessions and ask B337 to close their account.

    Mistakes that leave an account half closed

    MistakeWhat it costs
    Asking for closure before withdrawingYou may have to chase the balance by email or phone instead of withdrawing it yourself
    Deleting the app and stopping thereThe account, its balance and its marketing stay as they were
    Closing one brand and assuming a sister brand went with itThe other account can stay open; close each brand you hold, whoever owns it, and get each closure confirmed in writing
    Closing to stop betting, then opening a new account somewhere elseNothing changes; self-exclusion or BetStop is the tool for stopping
    Leaving a bookmaker login stored in software after closingA copy of a password you may use elsewhere sits with a third party
    Ignoring offers that arrive after closureA breach of the marketing rule goes unreported

    Questions

    Can a bookmaker refuse to close my account?
    Not under the national framework: once your request arrives, by email, by phone or through a channel you use to bet, the closure has to begin. The bookmaker is allowed to tell you what closing involves and check that you want to continue, and the account then closes when your bets have settled.
    Can I reopen a closed betting account?
    That is for the bookmaker's terms, because the national closure rule says nothing about reopening, and a closed account is not an exclusion. If you closed it to stop betting, the tool that keeps you out is self-exclusion with that bookmaker, or BetStop.
    What happens to my bonus bets when I close my account?
    A bonus bet is not cash, so it is not part of the balance you withdraw, and the bookmaker's terms say what happens to it at closure. Money you have already won with a bonus bet is cash, and under the national framework you can withdraw it without any turnover requirement.
    Can a bookmaker charge a fee to close my account?
    The national framework's closure rules do not mention fees, but they require the process to be simple. In a December 2023 industry alert, Liquor & Gaming NSW named an administrative fee to withdraw funds and close an account as one of the barriers to closure that NSW-licensed bookmakers were expected to remove. If you are charged one, ask which term the bookmaker relies on and complain to its licensing authority.
    How long does it take to close a betting account?
    The closure must start the moment the bookmaker receives your request, but the account cannot finish closing until every bet on it has settled, so a futures bet can hold it open for weeks. Getting your balance out is a separate step that can take longer than the request itself.

    Sources

    • National Consumer Protection Framework for Online Wagering: National Policy Statement (updated 3 May 2022), Department of Social Services
    • Gambling reforms, Department of Social Services
    • National Consumer Protection Framework, Victorian Gambling and Casino Control Commission
    • Industry alert: increasing observations of concerning behaviour by bookmakers (5 December 2023), Liquor & Gaming NSW
    • BetStop, the National Self-Exclusion Register, ACMA
    • Frequently asked questions, BetStop
    • Anti-Money Laundering and Counter-Terrorism Financing Act 2006, Federal Register of Legislation
    • Check if a gambling operator is legal, ACMA

    Related

    • Betting accounts in Australia: the rules from sign-up to closure
    • BetStop and how the national self-exclusion register works
    • Take a break on a betting account or self-exclude
    • How long betting withdrawals take and why they get delayed
    • How to complain about a bookmaker in Australia
    • How to open a betting account in Australia
    • Minimum bet limits on Australian racing explained
    • Who owns Australian bookmakers, brand by brand

    Betting involves risk. Bookmakers can restrict or close accounts and void bets, automation can fail, prices move, and a positive expected value (+EV) bet can still lose. Promotions carry each bookmaker's own terms. There is no guarantee of profit. 18+ only. For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au. See responsible gambling for limits and support.

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    18+ only. For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au. Self-exclusion: BetStop (betstop.gov.au).

    B337 is software, not a bookmaker or wagering service provider. Bets are placed in accounts you hold with Australian bookmakers. Bookmaker names are trade marks of their owners; B337 is not affiliated with or endorsed by them. Bookmaker terms may restrict automated betting.

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