Vegas Bets is licensed by the Western Cape Gambling & Racing Board and has been operating since its establishment in 1994. The online betting site features two Welcome bonuses for new users. Alongside traditional sports betting, the platform offers Numbers, Vegas Live, Slots, Jackpot City, Betgames, and Virtual Games. Vegas Bets provides a diverse selection of betting options, featuring around 20 sports and over 800 markets on top football matches, with a competitive 4-5% margin. Although, the bookmaker lacks dedicated mobile apps and live streaming capabilities. There is also no Cash Out or Bet Builder functions and limited choice of payment methods. Overall, Vegas Bets is a good choice for football or horse racing fans, but to be amongst the best in the South African market, it needs to improve in several aspects.
Vegas Bets Pros & Cons
- Two Welcome bonuses
- Horse racing betting
- Responsive customer support
- Just Bet Boosts bonus for active clients
- No mobile apps
- No live streaming
Vegas Bets Online Betting: Editorial Rating
Vegas Bets Welcome Bonus & Offers
R30 Sign Up Bonus
100% First Deposit Welcome Bonus
Vegas Bets Security
Vegas Bets is licensed by the Western Cape Gambling & Racing Board under bookmaker license number 10010453. The bookmaker states that their site is protected by Amazon Web Services’ state-of-the-art cloud technology. A secure socket layer protects your data during transit between your web browser and the server.
Vegas Bets Sports Betting Markets
There are around 20 sports at Vegas Bets, including popular options like Football, Tennis, Horse Racing and niche ones like Australian Rules and Golf.
Football. Vegas Bets offers over 1400 events across 80 countries for football fans to bet on. You can bet on the South African Premier Soccer League and the South African First Division. Top football games offer over 800 online betting markets. Besides the main markets, there are AAMS Correct Score, First Goal Time (10 Minute Intervals), Away Team to Win Either Half Yes/No, Total Corners Odd Or Even options and more.
Tennis. Over 100 events are available in the Tennis section of Vegas Bets. Surprisingly, they are divided not by tournaments, but by countries: Australia, China, Colombia, France, Japan, Kazakhstan, Portugal, and the United States of America. 60+ outcomes are offered for top games. Markets include Match Result. First Set Winner, Over/Under, Set Handicap, Odd/Even, Correct Score, Set Betting and others.
Horse Racing. The Horse Racings section is separated from other sports on the top of the screen. There are horse races in South Africa, the United Kingdom, Ireland, Australia, France, Sweden, the United States. It is possible to view the races for today, tomorrow, and in the future. In addition to that, there is a Results section as well. There are Fixed Odds and Open Bets for each race.
Vegas Bets Payment Methods
The bookmaker supports several standard top-up options, including:
However, withdrawals are only processed via EFT bank transfer. Deposit limits for voucher payments range from as little as R5 to as much as R5000, with credit card and instant EFT transactions starting at R10. Payouts start at R50, with a daily cap of R5000. Top-ups are instant across all methods, while cashouts may take up to 72 hours to process.
How to Deposit
Follow these steps to top up your account:
- Click on the “Deposit” button.
- Enter your desired amount.
- Choose your preferred payment method from the available options.
- Provide any required personal and payment details.
- Confirm your transaction by clicking “Submit.”
How to Withdraw from Vegas Bets
Here’s how you can collect your winnings:
- Log in and ensure your FICA documents, including your ID or passport, are current.
- Head to the “Withdrawal” section.
- Enter the amount you wish to withdraw.
- Provide your banking details for EFT transfer.
- Verify the transaction.
Withdrawals are handled via EFT bank transfers only and can take up to 72 hours to complete, depending on your bank’s processing time.
Vegas Bets Odds
The operator provides competitive odds, especially on football. For significant events like the EPL, margins hover around 3.30%, occasionally dipping below 3%, which indicates high prices. However, for smaller tournaments, such as the South African Premiership, the commissions increase to approximately 7%. This makes the bookie less suitable for betting on local competitions.
Top tennis and basketball markets also provide strong odds. For major tournaments, such as ATP matches or NBA games, the bookmaker charges a margin of around 4%. Rugby and cricket odds are slightly less attractive, with commissions ranging from 5-6%. You can also find increased quotes in the Boosted Odds section. However, this is mainly for combo bets.
Vegas Bets Live Betting & Live Streaming
The live betting section is new on Vegas Bets website, therefore not a lot of sports and events covered. Unfortunately, there is no live streaming or even graphical representation of games.
Vegas Bets SA Mobile App
There is no mobile app available for Android or iOS as of the time of writing this review. There is a mobile version of Vegas Bets website that can be used by customers.
Conclusion
Vegas Bets is a decent choice for South African punters, especially those into football and horse racing. The bookmaker gives a generous welcome bonus of up to R1000 and covers about 20 sports, with over 800 markets on major football matches. The margins are competitive, especially for top-tier football, where fees can go below 3%.
However, the platform has some major downsides. It lacks dedicated mobile apps or live streaming options and features like Cash Out and Bet Builder are missing. The bookmaker must also improve its limited range of payment methods, especially for withdrawals. Thus, to become a top contender in the South African market, it needs to enhance its functionality and accessibility.
FAQ
How do I get the Vegas Bets welcome bonus?
Sign up and make your first deposit using the promo code Vegas1stDeposit. The bookmaker will match your top-up 100%, up to R1000, in risk-free bets. The reward amount is credited to your Promo Wallet as non-withdrawable betting credits. To cash out winnings, you must wager the bonus amount five times on Pre-match stakes at minimum odds of 1.70 (7/10). At least five stakes must be placed and settled before withdrawal, and the maximum payout from the bonus is R5000.
Is Vegas Bets safe?
Yes, the bookmaker operates under a licence from the Western Cape Gambling & Racing Board (registration number 10010453). The platform is protected by Amazon Web Services’ advanced cloud technology and uses SSL encryption to secure data during transactions.
How do I register with Vegas Bets?
To sign up, click the “Join” button on the top right of the website. Enter your mobile number to receive a one-time PIN (OTP), which will act as your username. Create a strong password and fill in your details, including your email, ID, or passport number. Complete the CAPTCHA and enter the OTP you received to verify your account. Once these steps are completed, your account will be created and signed in automatically.
How do I place a bet with Vegas Bets?
Placing a stake on this site is straightforward. Log into your account, browse the sportsbook, and select a sport or event. You can also use the search tool to gain quicker access or explore various markets. Click on your chosen outcome to add it to the bet slip, enter your stake amount, and confirm the wager. Once confirmed, your wager will be placed.
How do I contact Vegas Bets support?
The operator provides customer support through Live chat, email, and phone. The chat feature offers quick responses, and email inquiries are handled at [email protected]. You can also call their support team at +021 852 2935 for direct assistance.