Deposit Bonus
This is the most common type of welcome offer available to punters. This offer usually comes in the form of a first deposit match offer which simply means that the bookie will match your first deposit in free bets. The minimum amount you can deposit is usually R50 while the maximum bonus varies from bookie to bookie. Let say that you deposit R2 000 and the bonus offer is up to R2 000 deposit match. You will then receive an additional R 2000 in free bets. You have to meet the wagering requirements before you can withdraw any funds.
Free Bet
The free bet is when the bookie gives you a bonus for either joining the site or for some other promotion that the bookie is running. You can receive free bets for various reasons but should always be mindful that there are terms and condition attached to these type of bets.
Refunded Bet
One of the most common types of bonus bets currently available amongst bookies is the refunded bet. After making your first deposit at an online betting site, you then place your first bet on their site. If this initial bet is a loser, then you will be refunded the stake of the bet in full – ensuring that you don’t lose your very first bet in your online betting journey. This type of bet offer is usually limited to a R100 depending on the bookie.
Is betting legal in South Africa?
The South African sports betting and lottery industry is legal and regulated under the National Gambling Act of 2004. Introduction of gambling legislation into the law, saw the creation of several regulatory and control organizations in the country. The primary responsibility of such organizations is to ensure safety in the industry. As well as to uphold and maintain the image of the South African gambling industry on a global level. Sports betting operators require a valid license to operate in the country. Such licenses are issued by the Provincial Licensing Authorities, one per province. You can find more details on betting law and related topics on our Betting Law page. We have also created a few useful and strategic tips to ensure your online betting safety.
How online betting works
Some punters might be very familiar with the do’s and don’ts of betting online. If you are new to it, we will try to give you a helping hand. To get you started we offer a variety of articles in our betting strategy and tips section. Our reviews will also support you to decide where and on what you want to bet.
Here are a few things you should look for when opening a new betting account online:
Information needed to validate a new account
Minimum deposit requirements
Variety of payment options – is your preferred method available?
Options to withdraw your winnings
Are there any payment fees charged?
Rules for your individual bets
Overall fair Terms & Conditions
Guide to Betting Payment Methods
So, is there any type of payment method you should use or look out for at betting sites? Most of the best betting sites will accept a variety of brands that are recognised around the world, as well as some accepted methods that are exclusive to South African betting sites’ customers. We recommend opting for a method that you know, trust and have used before or regularly. Check the accepted payment methods before signing up to make sure there is one you want to use. We have included some of the most popular payment methods for South African players below:
Debit/credit cards (Visa/Mastercard)
EFT
eWallets (OZOW, Zapper)
Vouchers (OTT Voucher, 1Voucher, Blu Voucher)
Mobile Payments (SnapScan)
Apple Pay
