How to Bet Online

A complete beginner's guide to sports betting in South Africa. Learn everything you need to know to place your first bet with confidence.

1. Getting Started

Before you can place bets online in South Africa, you need to register with a licensed bookmaker. Here's how to set up your account:

Step 1: Choose a Licensed Bookmaker

Only bet with bookmakers licensed by South African gambling boards. Betfred is licensed by the Western Cape Gambling Board, ensuring your funds are protected and games are fair.

Step 2: Register Your Account

You'll need to provide personal details including your full name, ID number, email address, phone number, and physical address. This takes about 5 minutes.

Step 3: Complete FICA Verification

South African law requires all bookmakers to verify your identity (FICA compliance). You'll need to upload:

  • Proof of Identity: SA ID document or passport
  • Proof of Address: Utility bill, bank statement, or lease agreement (less than 3 months old)

💡 Why FICA Matters

FICA verification protects you from fraud and ensures you can withdraw your winnings without issues. Complete it early - your account may be limited until verified.

Step 4: Make Your First Deposit

Once verified, deposit funds using your preferred payment method. Minimum deposits are typically R20-R50.

2. Understanding Betting Odds

Odds tell you two things: the probability of an outcome and how much you'll win if your bet is successful. In South Africa, decimal odds are most common.

How Decimal Odds Work

Decimal odds show your total return (stake + profit) for every R1 bet. To calculate your potential winnings:

Example: Soccer Match

Kaizer Chiefs to beat Orlando Pirates

Odds: 2.50

Stake: R100
Potential Return: R100 × 2.50 = R250
Profit: R250 - R100 = R150

What Different Odds Mean

Odds Implied Probability What It Means
1.50 66.7% Strong favourite - likely to win
2.00 50% Even chance - could go either way
3.00 33.3% Underdog - less likely but better payout
5.00 20% Long shot - unlikely but big payout if it wins
10.00 10% Big outsider - very unlikely

💡 Quick Calculation

To convert odds to probability: (1 ÷ odds) × 100. For odds of 2.50: (1 ÷ 2.50) × 100 = 40% implied probability.

3. Types of Bets Explained

Understanding different bet types helps you make smarter betting decisions. Start with simple bets and progress to more complex ones as you gain experience.

Single Bet

One bet on one outcome. The simplest type - your stake goes on a single selection. If it wins, you win.

Accumulator (Acca)

Multiple selections combined into one bet. All selections must win for the bet to pay out, but odds multiply for bigger returns.

Each Way

Popular in horse racing. Half your stake goes on the win, half on a place (top 2, 3, or 4 depending on field size).

Over/Under

Bet on whether a statistic (goals, points, tries) will be over or under a specified number. E.g., Over 2.5 goals.

Handicap

One team gets a virtual advantage/disadvantage. Useful when there's a clear favourite - evens up the odds.

Both Teams to Score

Bet on whether both teams will score at least one goal each, regardless of the final result.

Beginner Recommendation

Start with single bets on markets you understand. Match winners in soccer or rugby are straightforward. Avoid complex accumulators until you're more experienced - while the potential returns look attractive, the chances of winning drop significantly with each added selection.

4. How to Place Your First Bet

Ready to place your first bet? Here's a step-by-step walkthrough:

Step 1: Log In to Your Account

Open the Betfred website or app and log in with your username and password.

Step 2: Navigate to Your Sport

Use the menu to find your sport (Soccer, Rugby, Cricket, etc.), then select the competition and match you want to bet on.

Step 3: Choose Your Market

Click on the odds for your selection. For example, click "2.50" next to "Kaizer Chiefs" to back them to win. Your selection appears in the bet slip.

Step 4: Enter Your Stake

In the bet slip, enter how much you want to bet (e.g., R50). The potential return will be calculated automatically.

Step 5: Confirm Your Bet

Double-check your selection and stake, then click "Place Bet" to confirm. You'll receive a confirmation message.

⚠️ Important

Once confirmed, bets cannot be cancelled. Always double-check your selections and stake before clicking "Place Bet".

5. Deposits & Withdrawals

Managing your betting funds is easy with multiple payment options available.

Deposit Methods

  • Visa/Mastercard: Instant deposits using your debit or credit card
  • EFT (Bank Transfer): Direct transfer from your bank account
  • Ozow: Instant EFT from your banking app
  • Vouchers: OTT Voucher, 1Voucher (buy at retailers)

Withdrawals

Withdrawals are processed via bank transfer (EFT). Betfred typically processes withdrawals within 24 hours, though your bank may take 1-3 business days to credit the funds.

💡 Withdrawal Tips

Complete FICA verification before your first withdrawal to avoid delays. The account holder name must match your betting account name.

6. Betting Tips for Beginners

Set yourself up for a positive betting experience with these essential tips:

Do Your Research

Don't bet blindly. Check team news, form, head-to-head records, and conditions before placing a bet. Informed bets have better chances than random ones.

Bet on What You Know

Stick to sports and leagues you follow and understand. If you watch the PSL every week, you'll have better insight than betting on obscure European leagues you know nothing about.

Start Small

Begin with small stakes while you learn. It's better to make mistakes with R20 bets than R500 bets. Increase stakes gradually as you gain experience.

Set a Budget

Decide how much you can afford to lose and stick to it. Never chase losses by betting more than you planned. Betting should be entertainment, not a way to make money.

Keep Records

Track your bets - what you bet on, stakes, odds, and results. This helps you identify what's working and what isn't.

Avoid Common Mistakes

  • Don't chase losses: If you're on a losing streak, take a break
  • Avoid emotional betting: Don't bet on your favourite team just because you support them
  • Skip the long-shot accas: 10-fold accumulators rarely win despite the enticing odds
  • Don't bet under the influence: Alcohol and betting don't mix well

⚠️ Betting Responsibly

Gambling should be fun, not a source of stress or financial problems. Please keep these guidelines in mind:

  • Only bet what you can afford to lose. Never bet rent money, bill money, or borrowed money.
  • Set time and money limits. Decide before you start how much time and money you'll spend.
  • Don't chase losses. Accept that losing is part of betting. Walk away when you hit your limit.
  • Keep betting separate from emotions. Don't bet when you're upset, stressed, or intoxicated.
  • Take regular breaks. If betting stops being fun, stop betting.
  • Know the warning signs. If you're lying about betting, borrowing money to bet, or feeling anxious about gambling, seek help.

If you or someone you know is struggling with problem gambling, free help is available:

📞 NRGP Helpline: 0800 006 008

Confidential support available 24 hours a day, 7 days a week.

Ready to Place Your First Bet?

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