BANDILE KHUMALO Betting Expert
Last Updated: 2nd May 2024
Bandile Khumalo is originally from Durban, but he's made Cape Town his home. Bandile loves anything to do with soccer, and he's particularly passionate about betting and lucky numbers - in fact, he's something of a gambling aficionado. He enjoys spending time with his family most of all, though. They're the most important thing in his life. Read More
We regularly check for the latest betting offers and free bets and display them in the table below. You can use the filters to help narrow down your choice and find the perfect bookmaker for you.
100% Deposit Bonus Up To R3,000*
Excellent Welcome Offer
Best Gosloto odds available
Biggest range of markets
* A minimum amount of R20.00 deposited in 7 days since your registration on YesPlay website is required to qualify for the bonus. A deposit of less than R20.00 will not count towards the bonus requirements.
One of the things that makes Yesplay stand out from other betting sites is its competitive odds. Whether you're betting on Gosloto, 49’s or Powerball, you can be sure that you're getting great value for your money at Yesplay. In addition to great odds, Yesplay also offers a wide range of markets. For example, YesPlay are one of only two South African bookmakers that offer betting on the Gosloto 4/20 market
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100% First Deposit Match Bonus up to R2000 + 50 Free Spins
Great odds on Gosloto & UK 49's
Wide range of Lucky Numbers
Fantastic welcome offer
Make your first deposit of a minimum of R50 or more and rollover your deposit 3 times on bets with odds of 2 (1/1) or greater, Only bets placed on pre-match and in-play sports, Keno, Horse racing, Dog racing and Lucky Numbers will count to the rollover requirements.
Playabets offers a wide variety of both casino, sports betting and lottery options. Some of the most popular lucky numbers on Playabets include Gosloto, 49’s, and Powerball. And when it comes to sports betting, you can bet on just about any sport imaginable, from football to cricket. The user interface is super slick and easy to use...
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150% First Deposit Match up to R5,000
New bookmaker to South Africa
Amazing welcome bonus
Excellent Gosloto odds
Register for your new Fafabet Account. Deposit and Place a qualified bet on Sportsbook markets of your choice at odds of evens 1/1 (2.00) or greater. You'll receive a Free bet for 100% to 150% of your first deposits, within 24 hours after your qualified bet has been settled
Founded in 2021 and backed by a large UK betting company, Fafabet launching in South Africa has turned a few heads. They have a sleek new website and arguably the best welcome bonus in South Africa.
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Up to R3,500 + 10 Free Spins*
Excellent Welcome Offer
Great Gosloto & UK 49's Odds
Aviator available
* The 10bet Welcome Package can only be claimed once by a player on their first deposit. Players must make a minimum deposit of R50 into their betting account in order to be eligible to receive the Welcome Package.
One of the things that makes 10bet stand out from other South African bookmakers is its competitive odds. Whether you're betting on Gosloto, 49’s or SA Daily lucky numbers, you can be sure that you're getting great value for your money at 10bet. Their website is super slick and easy to use.
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R25 Sign Up Bonus
Widest range of Lucky Numbers available (40+)
Excellent Gosloto odds
Welcome bonus for new customers
Create a Hollywood account and submit FICA documents. Once you activate your Hollywoodbets account and you will receive a R25 Sign-up Bonus. Terms and conditions apply.
Hollywood is a name synonymous with betting in South Africa - they have branches all over South Africa and have an established website and mobile/app. They have one of the most extensive ranges of Lucky Numbers available and are a favourite for those that bet on the Gosloto.
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100% Deposit Match up to R1,000
Established, trusted, international giant
Excellent Gosloto odds & range of Lucky Numbers
Good welcome bonus
The offer is only valid for new Betway customers. The Sports Welcome Offer can only be claimed once per new customer. The customer must pass FICA verification through Betway’s automatic verification tool at the time of registration.
Betway is a global giant of a bookmaker which operates on every continent (except antarctica!). Naturally, they have bought their own technology with them to South Africa which not only means it looks different (in our opinion, much easier to use) than other bookmakers it also is packed with features.
Read Full Review
100% First Deposit Match Bonus up to R2000 + 50 Free Spins
Great odds on Gosloto & UK 49's
Wide range of Lucky Numbers
Fantastic welcome offer
Make your first deposit of a minimum of R50 or more and rollover your deposit 3 times on bets with odds of 2 (1/1) or greater, Only bets placed on pre-match and in-play sports, Keno, Horse racing, Dog racing and Lucky Numbers will count to the rollover requirements.
Playabets offers a wide variety of both casino, sports betting and lottery options. Some of the most popular lucky numbers on Playabets include Gosloto, 49’s, and Powerball. And when it comes to sports betting, you can bet on just about any sport imaginable, from football to cricket. The user interface is super slick and easy to use...
Read Full Review
150% First Deposit Match up to R5,000
New bookmaker to South Africa
Amazing welcome bonus
Excellent Gosloto odds
Register for your new Fafabet Account. Deposit and Place a qualified bet on Sportsbook markets of your choice at odds of evens 1/1 (2.00) or greater. You'll receive a Free bet for 100% to 150% of your first deposits, within 24 hours after your qualified bet has been settled
Founded in 2021 and backed by a large UK betting company, Fafabet launching in South Africa has turned a few heads. They have a sleek new website and arguably the best welcome bonus in South Africa.
Read Full Review
R25 Sign Up Bonus
Widest range of Lucky Numbers available (40+)
Excellent Gosloto odds
Welcome bonus for new customers
Create a Hollywood account and submit FICA documents. Once you activate your Hollywoodbets account and you will receive a R25 Sign-up Bonus. Terms and conditions apply.
Hollywood is a name synonymous with betting in South Africa - they have branches all over South Africa and have an established website and mobile/app. They have one of the most extensive ranges of Lucky Numbers available and are a favourite for those that bet on the Gosloto.
Read Full Review
100% Deposit Match up to R1,000
Established, trusted, international giant
Excellent Gosloto odds & range of Lucky Numbers
Good welcome bonus
The offer is only valid for new Betway customers. The Sports Welcome Offer can only be claimed once per new customer. The customer must pass FICA verification through Betway’s automatic verification tool at the time of registration.
Betway is a global giant of a bookmaker which operates on every continent (except antarctica!). Naturally, they have bought their own technology with them to South Africa which not only means it looks different (in our opinion, much easier to use) than other bookmakers it also is packed with features.
Read Full ReviewWhat are Free Bets/Betting Offers/Sign Up Bonuses?
Firstly, the terms “Free Bets”, “Betting Offers” and “Sign Up Bonuses” are often used interchangeably. They are common terminology to describe what bookmakers offer to customers to incentivize the customer to start betting with the bookmaker. For this guide we will use the term “Free bets”.
Free bets are usually in the form of a matched bet or a no-deposit offer. Let’s look at what each of those mean:
- Matched Bet: A matched bet means that the bookmaker will match the amount of your first deposit up to a certain amount. For example, if you sign up with a bookmaker and deposit R100, the bookmaker will then match that amount and give you a R100 free bet.
- No-Deposit Offer: A no-deposit offer means the bookmaker gives you a free bet simply for creating an account. Unlike a matched bet, you don’t need to deposit any money. Typically, these are lower than a matched bet. In South Africa you may get R25 no-deposit sign up offer.
Free Bets vs Withdrawable Cash
It’s important to note that ‘Free Bets’ aren’t withdrawable straight away. This means you have to stake the money once or multiple times (depending on the bookmaker) before you can withdraw it. This varies bookmaker to bookmaker so make sure to read the terms & conditions.
What Can I Bet On With My Free Bet?
Usually sign up offers are split between sportsbook and casino. If you choose a sportsbook offer (which lotto/lucky numbers usually comes under) you should be able to use your free bet on all (or most) markets. Bookmakers will often specify minimum odds that your bet must have in order to qualify for the free bet. For example, the minimum odds might be 1.5 (decimal), which means that your R50 bet would need to have odds of at least 1.5 in order for you to receive the R50 free bet.
Things To Keep In Mind
Here are some tips on how to take advantage of free bets:
- Shop around for the best deals: Not all bookmakers offer free bets, and not all free bets are created equal. It's important to shop around and compare offers before you decide which bookie to sign up with.
- Read the fine print: As we mentioned above, bookies often have certain conditions that must be met in order for you to qualify for a free bet. Be sure to read the terms and conditions carefully so that you know what you need to do in order to get your hands on the freebie.
- Use it or lose it: Free bets typically expire within 7 days, so be sure to use it before it's gone!
- Know when to cash out: One of the most important things to remember when using a free bet is that you can't just withdraw your winnings immediately—you need to place another bet with those winnings first. So, if you're lucky enough to win big using your freebie, be sure to reinvest those winnings before cashing out.
- Use multiple bookies: If you bet regularly, then you should have accounts with multiple bookies so that you can take advantage of all the different offers that are out there. Just be sure not to lose track of how much money you are spending - the fewer bookmakers you sign up to the easier it is to track your profit/losses.
- Gamble responsibly: Finally, remember that even though you're playing with house money, it's still important to bet smart! Avoid chasing losses and always remember to set limits on how much you're willing & able to lose.
FAQs
Put simply, FICA is the Financial Intelligence Centre Act. This act requires bookmakers, lottery operators and other gambling establishments to collect certain information from their customers in order to help combat money laundering and illegal activities. The information required includes your full name, date of birth, physical address, and ID number. In addition, the bookmakers or lottery operators will also need to take a copy of your ID document for their records.
So why do you need to provide all this information? Well, like we said before, FICA is designed to help fight money laundering and illegal activities. By having this information on file, bookmakers, lottery operators and other gambling establishments can keep track of large transactions and ensure that the money being wagered is coming from a legitimate source.
All in all, FICA isn't too much of a hassle. Yes, you'll need to provide some personal information when you sign up at a casino or make a large transaction. But this is only so that the bookmaker can comply with the law and help prevent crime. So next time you're feeling lucky and head to the bookmaker, make sure you bring along your ID—it could help you win big!
In South Africa, bookmakers are legally allowed to ban you from placing bets with them if they believe you're engaging in activities that could be considered unfair or misleading. However, there are some conditions that must be met before a bookmaker can lawfully ban you:
The first condition that must be met is that the bookmaker must have proof that you're engaging in activities that could be considered fair or misleading. This proof can come in the form of video footage, audio recordings, or documents.
The second condition is that the bookmaker must give you notice that they intend to ban you. This notice must be in writing and must state the reasons for the proposed ban.
The third and final condition is that the bookmaker must give you an opportunity to defend yourself against the proposed ban. This means that you must be given a chance to explain your side of the story and present any evidence that you believe disproves the bookmaker's allegations.
If all three of these conditions are met, then the bookmaker is legally allowed to ban you from placing bets with them. However, if even one of these conditions is not met, then the bookmaker does not have the legal right to ban you.
There are two main ways that bookmakers make their money. The first is through commissions, and the second is through premiums. Commissions are a percentage of the total amount wagered on a given event, and premiums are a percentage of the total amount won by bettors.
For example, if R100 is wagered on a horse at odds of 2/1, and the horse wins, the payout would be R200 (R100 x 2). The bookmaker would keep R10 as commission (5% of R200), and the remaining R190 would go to the winning bettor.
Commissions and premiums combine to create what is known as the "overround." This is basically the built-in profit margin that all bookmakers have on every event they offer betting on. In order for a bookmaker to break even on an event, 52.4% of all bets placed must lose. This means that for every R100 wagered, the bookmaker needs to pay out less than R52.50 in winnings in order for them to make a profit.
The overround can vary from event to event, but it usually falls somewhere between 103% and 110%. For example, if an overround of 106% is applied to an event with even money odds (1/1), this means that for every R100 wagered, the bookmaker will pay out R106 in winnings (R100 x 1.06). The remaining R6 is the bookmaker's profit.
Sometimes, bookmakers will offer promotional deals in order to attract new customers or keep existing ones happy. For example, a common promotion is "money back if your horse finishes second." However, because of the overround, these promotions are almost always presented in such a way that they are actually profitable for the bookmaker.
In a word, yes. In South Africa, gambling is regulated by the National Gambling Board. According to the National Gambling Act (No. 7 of 2004), gambling is defined as "wagering or betting on an event or outcome where the result is uncertain and dependent on chance." This includes games of chance such as casino games, lottery (lucky numbers), and sports betting. As of 2022, there are over 35 licensed online bookmakers in South Africa.
Here at Goslotto.co.za we only ever feature bookmakers that are licensed and regulated in South Africa.
