Best Sports Betting Site Payouts

Are you looking for the best sites for betting on sports and horse racing? Well, stick around, because this is all about showing you the best online betting sites.

Sports Betting is 100 percent legalized and regulated by the SA Gaming Board, although betting on certain casino games and betting with an overseas bookmaker is still illegal. South Africans can legally using an online sports betting site for sports and casino. However, there are a number of them that do, and Bovada is one sports betting website that has a good reputation for its treatment of American players. Bitcoin has changed the playing field dramatically when it comes to fast paying sites. The Bovada website states that Bitcoin payouts can be received within 15 minutes after processing.

Here are the 3 Best Online Betting Sites / Sportsbooks

Bovada

Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for players in the US. Their racebook is only open to North American thoroughbred and harness races.

Bonuses

Bovada offers a 50% signup bonus up to $250 and a bitcoin sports bonus of 50% up to $500 with a promo code. There is also a 100% match bonus eligible up to $1,000 and a bitcoin casino signup bonus of 150% match up to $1,500, both of which are redeemable up to three times. You starting bonus requires you to bet 5 times the amount of your initial deposit and bonus.

Deposits and Payouts

They only offer two ways to make a deposit and that is with credit cards and bitcoin.

Their payout system has improved massively over the years. In the past, this was the main complaint about Bovada, but now that they fixed it by speeding up the process and being one of the first online sports betting sites to offer bitcoin withdrawals.

The minimum deposit amount is only $20.

Customer service

They offer 24/7 toll-free customer service via telephone. They can help you in English, Spanish or Portuguese, and they don’t offer live chat, the wait time is about 1 minute on phone calls and a few minutes for emails. Bovada covers all the major sports. They offering straight bets, teasers, if bets parlays, futures, and props on just about any sport. This makes Bovada one of the best Online sports betting sites.

BetOnline

BetOnline is great for sports gambling online in many ways, but especially with baseball. They constantly work to improve the online experience with their bonuses and other elements such as betting types.

Bonuses

Best Sports Betting Site Payouts

BetOnline has a 50% signup bonus up to $1,000. There is also a 25% reload bonus eligible up to $1,000 and a $100 bonus for every friend who signs up and makes a deposit.BetOnline also has free play reload bonuses.

Deposit and Payment Options

You can make a deposit with Visa, Mastercard, Discover Card, Diners Club cards or American Express. They also accept Moneygram or Western Union transfers, bank wire transfers, Bitcoin and Etherum deposits, checks, or you can send money from your Skrill account. Offering so many options makes them one of the Best Sports betting sites.

The minimum deposit amount is only $10, which is the lowest you’ll find.

Customer Service

Best Sports Betting Picks Sites

They have great, round the clock customer service. BetOnline has live chat, a toll-free phone number both can be reached 24/7 in English or Spanish.

Having separate email addresses for the casino, racebook and sportsbook is a huge plus in terms of getting results when you have a problem.

BetOnline is a great gambling site because they put lots of effort into their Racebook. They have a well-run blog that offers advice for gamblers of all skill levels and they really know how to keep novice bettors interested and coming back.

MyBookie

MyBookie is another place which offers Sports betting online. They are newer than the others but already have a great reputation online.

Bonuses

They 50% signup bonus up to $1,000, a 100% casino signup bonus up to $300. While the refer-a-friend bonus is only 10%, that can be offset if you refer high ticket customers to them. They also have a 3- tier loyalty program that offers free payouts, birthday gift cards, game seats, and more bonuses.

Deposit and Payment Options

They accept Visa, Mastercard, Bank Wire, Check, and Person-to-Person Transfer for deposits. The minimum deposit amount is $50. You are allowed one free payout, then you’ll be subjected to a fee for each withdrawal.

Payouts are completed within 48 hours. This makes them a top sites out there.

Customer Service

They offer a live chat customer service or you can call them 24/7, but they only support English. They are one of the newest betting websites, but they’re one of the top sites for Sports gambling.

These websites are Best Sports betting sites because they value their customers and constantly work to make improvements.

No matter if you’ve found the banker bet of a lifetime, if you can’t get down the money you need to make it count, then it’s all for nothing. That’s why it’s good to know the maximum payout limits which apply when playing at all your favourite online bookmakers in South Africa. How these restrictions usually work is by limiting either how much each customer can win per day or the maximum payout allowed per bet. These limits can also vary according to the types of games you’re playing and whether the bet is a single or multiple.

Best sports betting picks sites

We’ve created a list of top online bookmakers in South Africa along with their maximum payout limits as they apply to Sports, Lucky Numbers and Live Games. Read on to find out which bookies have the highest limits for your favourite games so you’re never taken by surprise!

Hollywoodbets

In September 2018 Hollywoodbets increased their maximum payout limit to R20 million, making it the highest in SA. The following limits apply to all bets placed online, in-store and via Phone A Bet: Soccer – R20 million, Lucky Numbers – R15 million and SA Pick 6 – R15 million.

  • Have look at our Hollywoodbets review

Sportingbet

The win limit for each player per week is R5 million. This applies to all Live Games and Sports including soccer, tennis, basketball, ice hockey, baseball and American Football.

  • Have a look at our Sportingbet review

Playabets

The maximum amount you can win at Playabets on Sports and Lucky Numbers is R3 million. The payout limit for Evolution and Ezugi Live Games is R5 million while Jika Sports is R100,000.

  • Have a look at our Playa Bets review

Sunbet

At Sunbet the maximum daily winnings per day for all Sports bets is R1, 250 000 which applies to both singles and multiples.

  • Have a look at our Sunbet review

Gbets

The maximum amount any customer can win at Gbets in a single day is R1 million. This win limit applies to all their games including Sports, Lucky Numbers, BetGames, Jika Sports and Live Games.

  • Have a look at our Gbets review

Betway

The maximum payout for Betway customers is R500,000 per betslip for singles and R1 million for multiples, including Sports and Live Games.

  • Have a look at our Betway review

I Won, But Why Wasn’t I Paid Out In Full?

Your bookie may have made an error in calculating your payout but there is another more likely explanation for a reduced payout. If you place a bet and your payout exceeds the win limit as per their terms and conditions, the bookmaker is not liable for the excess amount.

In this instance, your payout will be reduced according to the maximum payout for that bet type. Also, check out the Dead Heat rule for another possible explanation. There have been a few instances in the past where a punter won more than the maximum amount and did not receive their winnings, so be sure you are aware of the win limits before placing big bets.

Best Sports Betting Site Payouts Today

Why Can’t I Withdraw My Full Balance?

If your account has been successfully FICA verified, the only possible reason for not being able to withdraw your full balance is that withdrawal limits apply to your chosen payment method. In other words, the amount you are permitted to withdraw from your betting account per day might be smaller than your balance. In this case, contact customer support and ask if any withdrawal limits apply to your chosen payment method.

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Had any good or bad experiences placing a big bet or withdrawing a large sum of money from any online bookie in South Africa? Tell us about it in the comments below.

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