Moving funds between your sportsbook account and your bank account has never been easier, not to mention safer, thanks to EFT payments.
Short for Electronic Funds Transfer, EFT is a popular payment platform trusted by SA punters for its familiarity since most already use it for other online banking transactions outside of betting. Opting for EFT payments at sportsbook is a no-brainer if you’re looking for convenience, cost-effectiveness, and overall reliability.
| Bookmaker | Bonus | Play | |
|---|---|---|---|
 | YesPlay | 100% Deposit Match up to R3000 | Bet Now |
 | Sportingbet | 100% up to R2,000 | Bet Now |
 | Gbets | 100% up to R1,000 | Bet Now |
 | Supabets | R5,00 | Bet Now |
 | Bet.co.za | 100% up to R1,000 | Bet Now |
 | WSB | 100% up to R1,000 | Bet Now |
Are you looking for the best betting sites in South Africa using EFT? We give you a list of the top bookies, detail what else they have to offer, and how to pick the right one. Let’s begin.
EFT Features – Zero transaction fees
Depositing with EFT is pretty straightforward forward even for the first-timer. You only need to ensure your bank account is valid and have ample funds to transfer funds to your betting account and vice versa.
The minimum and maximum deposit/withdrawal limits vary with each bank. But all SA bookies scrap fees for domestic EFT transfers. Why? Most times the sportsbook will be sending funds to a local bank that services them.
| Deposit Time | 0 – 24 hour |
| Payout Time | 24 – 48hours |
| Fees | R0 – R50 |
| Availability | Deposits and withdrawals |
| Withdrawal Min/Max Limits | R50 – R1,000,000 |
| Deposit Mix/Max Limits | R1 – Unlimited |
Pros/Cons
Below are the advantages and disadvantages of EFTs:
Pros:
- EFTs can’t be stolen like credit cards
- Easy to deposit and withdrawal
- No EFT deposit and withdrawal fees
- High R1,000,000 or unlimited withdrawals in some cases
- Very low R1 minimum deposits at some sportsbooks
Cons:
- Withdrawals and deposits can be slow
- Requires attention to detail to capture accurate information
- Bettors may be required to send proof of payment
Best EFT Betting Sites in SA – Top-rated EFT bookies
EFT is a popular choice for betting transactions in South Africa, so most leading bookmakers support the payment platform. But as you know, the sportsbook you pick can make or break your entire gambling experience. You won’t go wrong with the following options if you’re considering EFT for your sports betting transactions.
1. Betway – Unlimited deposits
You’ll feel right at home if you’re a high roller because you can deposit as much as you want. However, the minimum EFT deposit is R50. When you win, you can withdraw up to R1, 000, 000. To top it off, all EFT transactions on the site are free.
EFT deposits take up to 5 minutes to reflect and you can give Betway up to 24 hours to process your withdrawals.
What We Like:
- No EFT transaction fees
- Quick EFT deposits
- EFT transactions are possible on mobile
- Unlimited EFT deposit amount
- High maximum withdrawal limit
What We Don’t Like:
- FICA verification is mandatory before EFT withdrawal
- Limited time to cancel EFT withdrawal
| Sportsbook | Betway |
| Minimum Deposit | R50 |
| Available for Withdrawals | Up to R1, 000, 000 |
| Payout Time | ours |
2. Supabets – Wide Range of Promotions
Supabets stuns with an impressive 1R minimum deposit limit using EFT and unlimited deposits. EFT Withdrawals take anywhere between 1 and 3 days depending on the bank you use.
Supabets online betting using EFT means claiming a generous deposit bonus and exploring a wide range of promotions aimed at new and old customers. You can use EFT platforms provided by FNB, Standard Bank, and Absa.
What We Like:
- Deposits using EFT are free and instant
- Multi-lingual customers support, including English, Zulu, Afrikaans, etc
- R1,000,000 maximum withdrawal
- Unlimited EFT deposits
- R1 minimum EFT deposit
What We Don’t Like:
- R100 minimum withdrawal limit
- FICA verification mandatory
- No transaction processing over weekends
| Sportsbook | Supabets |
| Minimum Deposit | R1 |
| Available for Withdrawals | Up to R1, 000, 000 |
| Payout Time | 1-3 business days |
3. Sunbet- Comprehensive Live Betting Platform
Sunbet is another South African-tailored betting site founded by the reputable Sun’s international. Sunbet online betting South Africa is a serious contender in the industry, covering a wide range of sports betting leagues.
If you decide to try out Sunbet online betting using EFT, you get to enjoy wagering on numerous live sporting events. Sunbet processes withdrawals you make using EFT between Monday and Friday the next day, which is fair.
What We Like:
- 24/7 live chat
- Intuitive web layout
- Rewarding loyalty program
What We Don’t Like:
- Few deposit methods
4. Bet.co.za- Unlimited EFT withdrawals
Pick Bet.co.za if you want to enjoy unlimited EFT withdrawals. However, the minimum withdrawal limit is R100. EFT payouts are processed on the same day if you submit your request before mid-day. It’ll typically take 24 to 48 hours for your funds to hit your bank account, and there’s no maximum withdrawal limit.
Bet.co.za online betting using EFT presents fair odds to make profitable wagers. The bookie is licensed by the Western Cape Gambling and Racing Board founded in 2010.
What We Like:
- No EFT transaction fees
- No maximum withdrawal
- Same-day EFT processing before 12
- 24-48 hours payouts
- Partners with several banks
What We Don’t Like:
- Slow EFT deposits
- R100 minimum withdrawal limit
- Weekend payouts moved to Monday
| Sportsbook | Bet.co.za |
| Minimum Deposit | R50 |
| Available for Withdrawals | Unlimited |
| Payout Time | 24-48 hours |
5. YesPlay – Instant EFT withdrawals
If instant EFT withdrawals are what you’re after, go with YesPlay. But this only applies to withdrawals up to R1,000. Funds you top up using EFT also reflect right away so you can start gaming immediately.
The minimum you can deposit will depend on the bank you use. For example, Nedbank is R20.
What We Like:
- No EFT transaction fees
- Instant EFT deposits
- Instant EFT withdrawals up to R1,000
- High R1, 000, 000 maximum withdrawal limit
- Partners with Nedbank and several SA banks
What We Don’t Like:
- High minimum EFT deposit
- Incorrect references attract R10 admin fee
- Amounts less than 100 attract a R10 fee
| Sportsbook | YesPlay |
| Minimum Deposit | R20-110 |
| Available for Withdrawals | Up to R1, 000, 000 |
| Payout Time | 0-24 hours |
6. World Sports Betting –
WSB processes your EFT withdrawals instantly. However, you must give your bank up to 24 hours to clear the funds. The sportsbook also recommends that you use the WSB account located at your financial institution.
EFT deposits at WSB may take up to 2 days to hit your account after verification from the team. Make sure you enter the correct information for the process to go quicker. The good news is all EFT transactions are fee-free.
What We Like:
- Zero EFT transaction fees
- Choice of 5 banks
- High R1,000,000 maximum EFT deposit limit
- High R1, 000, 000 maximum withdrawal limit
What We Don’t Like:
- EFT deposits take 2 days
- Must send proof of address to WSB
| Sportsbook | WSB |
| Minimum Deposit | R50 |
| Available for Withdrawals | Limited to your available balance |
| Payout Time | 24 hours |
7. Sportingbet –Partners with several banks
At Sportingbet, you can facilitate instant EFT transactions with several major SA banks like FNB, Absa, and Capitec. The minimum and maximum limits for EFT deposits and withdrawals are R50 to R1, 000, 000, at no cost.
Note that you can only make EFT withdrawals, on condition that you withdraw to the bank account you used to deposit. Sportingbet, however, takes longer to process EFT withdrawals—between 2 and 4 business days.
What We Like:
- Free EFT deposits for SA bettors
- Instant deposits straight to your ETF wallet
- R1,000,000 maximum EFT deposit limit
- No fee on withdrawals using instant ETF
- R50 minimum withdrawal requirement
What We Don’t Like:
- Limited time to cancel the EFT withdrawal
- Slow EFT payouts
| Sportsbook | Sportingbet |
| Minimum Deposit | R50 |
| Available for Withdrawals | Up to R1, 000, 000 |
| Payout Time | 2 to 4 business days |
8. Hollywoodbets – R5 minimum deposits
You can deposit as little as R5 using EFT at Hollywoodbets, and up to R100, 000. Make sure to reference your Hollywoodbets account number when making an EFT.
Hollywoodbets processes EFT withdrawals during banking hours and strives to action them within 24 hours if from the same bank. Payments from different banks take up to 48 hours.
What We Like:
- Free EFT deposits for SA bettors
- Instant deposits straight to your ETF wallet
- R1,000,000 maximum EFT deposit limit
- No fee on withdrawals using instant ETF
- 24-hour EFT payouts
What We Don’t Like:
- Weekend EFT requests pushed to Monday
- Accurate and up-to-date details are required for EFT withdrawals
| Sportsbook | Hollywoodbets |
| Minimum Deposit | R5 |
| Available for Withdrawals | Up to R1, 000, 000 |
| Payout Time | 24 – 48 hours |
What Bonuses Do EFT Betting Sites Offer
One of the major appeals of sports gambling online lies in the different betting offers exclusive to bettors. Sportsbooks offer bonuses to persuade players into joining them, and EFT betting sites are no different. Below are the most popular betting bonuses to expect from betting sites in South Africa using EFT:
Match Deposit Bonus
The bookie will match your initial deposit by a certain percentage. Percentages differ among EFT betting sites and range from 100% to 200%. In most cases, the operator matches your deposit up to a certain amount. You receive your bonus immediately after depositing the funds.
Acca Bets
Acca bets are multiple wagers the bookie permits you to place on the platform. Acca bets are common for their amplified payouts. The only catch, however, is to make correct predictions for all wagers in the Acca bet. Losing one wager, unfortunately, disqualifies your entire bet.
Insurance Bets
Insurance bets are a modification of Acca bets. Some EFT betting sites offer Insurance bets as a lifeline to players on the verge of giving up on Acca bets. Instead of penalizing a player for losing all wagers of the Acca bet, you still win if only one leg loses.
Odds Boost
Several EFT betting sites offer enhanced on specific events. As you can imagine, such a boost in odds significantly increases your potential wins. The bonus is common for existing players. Other sportsbooks offer it to retain players or promote big sporting events.
How To Pick the Best EFT Betting Site?
Earlier, we gave you our recommendation of the top three EFT betting sites. However, you’re not inclined to agree with us, and that’s understandable. If you decide to find to conduct the search yourself, there are certain features you must look for. Let the following features guide your decision.
Brand Recognition
We strongly advise you to confine your search to recognized EFT bookies. Not all sportsbooks operate on the straight and narrow. To avoid unfair gambling practices, identity theft, or hacking, look for reputable bookies. Such sportsbooks have a reputation to uphold and will operate by the book.
Payment Methods
Not all sportsbooks have your best interests at heart. Make sure you look for reputable bookies that go to all costs to maintain their credibility. Such sportsbooks will operate transparently and maintain fair gambling practices.
Betting Markets
In most cases, after a love for sports, comes a love for sports betting. Look for betting sites that cover betting markets you’re interested in. If you’re a die-hard Springbok fan, opt for the operator that offers both straight and exotic wagers in Rugby. The bottom line is you must go with sites that offer more betting markets and bet types in major/ minor sports.
Speed & Design
Earlier we mentioned how your sports betting experience is determined by the bookie you join. When choosing a betting platform, don’t overlook the web layout and speed. You should be able to make transactions on the betting site easily and quickly. Everything from signing up to placing a wager to requesting a withdrawal must be seamless.
Customer Service
When choosing a betting site, investigate its customer service. The best sportsbooks are committed to providing round-the-clock customer support to players. They offer multiple communication channels like email, live chat, and phone for added convenience. In addition, they ensure responsive and professional staff is manning these communication portals.
Bonuses and Promotions
Before finally choosing a bookmaker, don’t hesitate to try it out. There’s certainly no law against that. Besides, registering on online sportsbooks is completely free. If anything, some bookies grant you a bonus for simply signing up. Try out the bonuses to see if the bookie really offers what you are looking for.
Alternatives to EFT Sports Betting Sites
As convenient, safe, and trustworthy as EFT betting sites are, we acknowledge that they may not be everyone. Players are at liberty to go for payment methods that resonate with their personal preferences. The good news is there are a variety of payment methods, players can choose from. We list some popular alternatives to EFT in South Africa betting.
Visa Betting Sites
Visa betting sites are also pretty common in South Africa. That’s because Visa is widely used and accepted in the country. Visa betting sites South Africa offer a simple and convenient way to deposit funds into your betting account. You obviously need a Visa card to use Visa betting sites for South African bettors. The card provides you with a card number and CVV necessary to perform your transactions.
MasterCard Betting Sites
Like Visa platforms, MasterCard Betting Sites are also widely used in South Africa. MasterCard betting sites South Africa are equally user-friendly and simple to use. You’ll also have a MasterCard to transact at MasterCard betting sites for South African bettors. Such sites offer instant and hassle-free payment services. You’ll need a banking app to approve transactions.
PayPal Betting Sites
Despite PayPal being popular around the globe, South African bettors haven’t quite warmed up to the payment platform. As such, there aren’t that many PayPal betting sites for South African bettors around.
SiD Betting Sites
SiD betting sites South Africa give players who prefer to transact cardless the opportunity to do just that. SiD is a type of online payment process that doesn’t require a registration process. The best part is it’s free to use, which is why SiD betting sites for South African bettors are on the rise.
Ozow Betting Sites
Ozow betting sites South Africa are similar to SiD sportsbooks because transactions don’t require cards. Ozow deposits are free and instant, which is why Ozow betting sites for South African bettors are becoming popular. You’ll need a bank account first, preferably with one of the top banks in SA offering the payment platform. You’ll also need an online banking profile or app to approve transactions.
Vouchers Betting Sites
Vouchers betting sites South Africa are also common in the country. Depositing using vouchers has to be one of the simplest payment methods. You must punch in the code displayed on the voucher onto the betting site to fund your player account. Most Vouchers betting sites for South African bettors partner with OTT and 1Voucher to offer this service.
Top betting sites ZA Final Say – The Best EFT Betting Sites
That brings us to the end of our EFT betting sites review. We gave you a list of the top three bookies, but the one you decide to go with is up to you. If you’d still like to take our cue, feel free to join one of the brands mentioned here. Supabets is our absolute favorite with its enticing bonus, generous promotions, and comprehensive sports coverage. The multi-lingual platform to accommodate different South African bettors is a nice touch. And so is the rewarding VIP program for esteemed players.
EFT Betting Sites FAQs
2. 📱 Which mobile carriers support EFT?
Android and iOS, two of the world's largest mobile operators support EFT payment methods. As a result, most SA bookies with mobile-optimized platforms for Android and iOS allow you to transact using EFT.
3. ❓ What if I can’t find EFT?
As one of the most popular payment platforms in SA, most bookies support EFT. If unavailable, you have alternative methods like vouchers, e-wallets, and ATM transactions to explore.
4. 🎁 Do I get a bonus for EFT deposits?
No, rarely do you get a bonus for using EFT at an online sportsbook. Usually, the bonus is open to all bettors regardless of the payment method you use.
5. 💵 What’s the maximum amount you can deposit using EFT?
The maximum you can deposit using EFT depends on the bookmaker you join. Some cap the maximum amount to R100,000 while others allow unlimited EFT deposits.
