Betway, founded in 2017, has quickly risen to prominence in the South African online betting industry. The betting site provides over 25 sports with 800+ betting markets for top football. The odds are not the best in the market, but still competitive with a margin of 4-5%. New users are greeted with a first deposit bonus, and the platform continually engages its existing customers with numerous promotions. Deposits and withdrawals are made seamless with a variety of payment methods. Betway South Africa offers live streaming of numerous events, backed by user-friendly apps available for both Android and iOS. There are also features such as Cash Out, Bet Builder, and Book a Bet.
Betway Pros & Cons
- Live streaming
- Apps for iOS and Android
- Cash Out and Bet Builder
- Lots of payment options
- Average odds
- Long response time from support
Betway: Editorial Rating
Betway Welcome Bonus & Offers
Betway Security
Betway South Africa, promoted by Raging River Trading (Pty) Ltd (2011/134505/07), operates under the strict regulation and oversight of the Western Cape Gambling and Racing Board. The company licensed and regulated with the Licence Number: 10181496-009. This licence was first granted on 1 December 2016.
Betway South Africa adheres to industry standard procedures and controls, including:
- Network security that comprises intrusion prevention and advanced firewall systems.
- Encrypted communication.
- Robust authentication and access control measures.
- Regularly scheduled external and internal audit tests.
As a reminder to users, Betway South Africa states:
- Gambling is restricted to individuals above the age of 18. No person under this age is allowed to participate in gambling activities on Betway South Africa.
- Responsible gambling is of utmost importance. If you believe you or someone you know has a gambling problem, immediate assistance can be accessed via the National Responsible Gambling Programme at 0800 006 008 or through WhatsApp Help at 076 675 0710.
- Winners are encouraged to recognise their limits and understand when it’s time to walk away.
Betway Sports Betting Markets
Betway South Africa offers more than 25 sports, including soccer (football), horse racing, golf, and rugby.
Soccer. With Betway South Africa, you can bet on football matches in more than 45 countries, as well as international events such as the Champions League, Conference League, European Championship qualification, friendlies, etc. Premier Soccer League and MTN 8 are available to South Africans. For these leagues, only the Match Result market is covered. Although the number of betting options for top matches exceeds 800. They are divided by Popular, Goals, 1st Half, 2nd Half, Player Specials, Bookings, Combos.
Tennis. The tennis competitions available at Betway include Grand Slams, ATP, WTA, Challengers, and ITF. More than 70 pre-match betting markets are offered for US Open matches, including Winner, Total Games, Correct Score, Game Handicap, Set Handicap, Odd/Evens, and etc.
Horse Racing. The horse racing section on Betway South Africa is divided into Fixed Odds and Tote. There is a schedule with upcoming races from South Africa, USA, New Zealand and Australia, as well as Future and Ante Post. A nice interactive design for events is worth noting.
Betway Payment Methods
On Betway, South Africans can use a variety of methods to deposit and withdraw money. Below, you will find a full list of payment options. Find out more in our Betway Deposit and Withdrawal articles.
How to Make a Deposit at Betway
- Access your account by logging in.
- Go to the “My Account” section of your account.
- Click on “Deposit Funds”.
- Choose the method of deposit that suits you best.
- Follow the on-screen instructions.
| Payment method | Deposit time | Minimum Deposit, R | Maximum Deposit, R |
|---|---|---|---|
| Bank Transfer | 1–3 days | 50 | 1 000 000 |
| Credit/Debit Card | Instant | 10 | 1 000 000 |
| 1 Voucher | Instant | 1 | 4000 |
| OTT Voucher | Instant | 10 | 5000 |
| Kazang | Instant | 1 | 1000 |
| Betway Bucks Voucher | Instant | 1 | 5000 |
| EasyLoad | Instant | 5 | 1000 |
| Blu Voucher | Instant | 2 | 1000 |
| Betway Pay Instant EFT | Instant | 10 | 1 000 000 |
| Capitec By Ozow | Instant | 10 | 1 000 000 |
| Ozow | Instant | 10 | 1 000 000 |
| Capitec via Pay | Instant | 20 | 10 000 |
| Ringas Voucher | Instant | 5 | 1000 |
| Apple Pay | Instant | 10 | 50 000 |
| Zapper | Instant | 10 | 1 000 000 |
| SID | Instant | 10 | 1 000 000 |
| MTN MoMo | Instant | 1 | 3500 |
| Flash Pay | Instant | 10 | 4000 |
| Shoprite | Instant | 20 | 3000 |
| USSD | Instant | 5 | 5000 |
How to Withdraw from Betway
- Log into your Betway account.
- Go to your “My Account” page.
- Choose “Withdraw Funds”.
- Provide your payment details.
- Enter the withdrawal amount and tap on the “Proceed”. There may be an additional FICA verification required.
| Payment method | Withdrawal time | Minimum Withdrawal, R | Maximum Withdrawal, R |
|---|---|---|---|
| EFT | Up 1–2 business days | 50 | 1 000 000 |
| FNB eWallet | Up 1–2 business days | 300 | 25 000 |
| Absa CashSend | Up 1–2 business days | 300 | 3000 |
| Standard Bank Instant Money | Up 1–2 business days | 200 | 5000 |
| Nedbank Send-iMali | Up 1–2 business days | 200 | 4000 |
| 1ForYou Voucher | Instant | 5 | 2500 |
Betway South Africa Odds
Presumably, one of the main criteria for punters is the margin. That’s the sole thing responsible for odds fluctuation and an indicator of how much the bookie makes regardless of the event result. We want to provide you with the most accurate calculations; therefore, we evaluate them based on several leagues and competitions among various disciplines. This way, we reduce the error threshold and showcase the actual situation with odds.
Betway sometimes offers ridiculous outcomes priced at 1.00, in which case you can’t win anything even if your bet succeeds. However, the odds are generally good – the football margin is around 5.15%, and in regards to basketball, it is around 5-6%. Cricket enthusiasts can expect the fee to hold the average plank of 5.80%. The multipliers could be more competitive, though it is fair to say they are decent despite the margin being slightly over the median.
Betway Live Betting & Live Streaming
Betway offers live betting for several sports, such as soccer, tennis, cricket, table tennis, volleyball, baseball, snooker, darts, Esports and others. Graphical representations and statistics can be viewed for all level matches. For some of them, Betway offers sports betting tips. Live streams are provided for tennis, table tennis, cricket, baseball, darts, and etc. All events with video streaming available are marked with green video signs. Video itself runs smoothly, without lag. Streaming video can be moved on the screen or opened in full screen mode.
Betway App
The bookmaker is inviting punters to use the companion application. It is available for Android and iOS and can be installed from Google Play, Apple Store and the Huawei alternative marketplace. You can also scan the QR code on the sportsbook main page to download the app. The weight is very low – under 35 Mb. The software is coded well with rare to no lags or freezing. All of the odds are updating quickly, and the functionality of the desktop version is intact.
Navigating through it is easy; most markets are hidden behind the drop-down menus, which will help you find the desired ones. There are no irritating advertisements compared to the web version, which is a massive advantage. Also, the colour scheme is chosen well, as the green buttons make the white text perfectly visible on the smaller screens. Admittedly, the all-white background could be tiring for your eyes upon long gambling sessions.
| Developer | Raging River Trading (PTY) LTD |
| App size | Android 27 Mb/iOS 32 Mb |
| Version | Android 12.66.0/iOS 10.1.5 |
| OS | Android 6.0 or later/ iOS 12.0 or later. |
| Price | Free |
| Availability in the official app store | App Store, Google Play, HUAWEI AppGallery |
Conclusion
Betway is one of the premier sportsbooks available to South African punters. There are plenty of tools and features, such as Cash Out and Bet Builder, to make gambling more sophisticated, yet all of the basic functionality is also available to regulars. The odds are fair and competitive enough to maintain the top positions among other bookmakers, and Betway offers constant odds boosts to improve further on that matter. Concerning payment methods, the options are as wide as they can be for both deposits and withdrawals.
The bookie also offers newcomers a 100% matching deposit bonus and has several promotions to reward existing punters, such as Mane Million or Pick Your Promo offers. The application is available on all platforms, which is a pro in itself, and its high-quality performance. We believe that any gambler can find something to do at this betting site, and we recommend that you at least give it a go and browse it yourself.
F.A.Q.
Does Betway Offer a Welcome Bonus?
Yes, you can collect up to R1000 in a 100% first deposit matching promotion. Ensure you acknowledge the terms and conditions of this promo before opting in.
Where Can I Download the Betway App?
Currently, Betway offers a mobile application for Android and iOS, and it is available for download in the App Store, Google Play and Huawei Marketplace.
Is Betway South Africa Safe?
Yes, the bookmaker is licensed to operate in South Africa and protects your data with modern technologies and encryption. Betway has all of its legal information available on the site.
What Payment Methods are Available at Betway?
There are 20 options available for deposits and 6 for withdrawals. These include debit cards, Apple Pay, OTT Vouchers, Zapper, Flashpay, Ozow and more.
