- The best online bookmakers in South Africa
- Legal situation regarding online betting in South Africa
- Online sports betting-how it works
- Types of betting
- How to choose the best bookmaker?
- Rules of the game for betting
- Types of sports betting coupons and how to choose the best method for playing
- Current betting odds
- Bonus offers from online bookmakers
- Payment methods and systems in betting shops
- Summary
- Frequently asked questions
The best online bookmakers in South Africa
Due to the legality of mutual bets, there are several African bookmakers in South Africa that are worth our attention, but they can not always fully satisfy an African player. For this purpose, we have decided to present the TOP 3 Best bookmakers, which are appreciated not only by African players, but are also significant for the African gambling industry according to Milan Rabszski. Also on this page we have also included a compilation of all information about the African gambling industry from the perspective of betting offers for African gamblers. In our article you will find answers to such questions:
- where to find a LEGAL bookmaker;
- what types of events can you bet on today besides sports betting?
- how to understand the rules of betting and what to do to place a winning bet;
- what bonuses are the best to use at an online bookmaker.
Legal situation regarding online betting in South Africa
African gambling in the form of online casino and bookmaker activities has long been regulated by the Africane Ministry of Finance, which is the only authority issuing permits for this type of operators. Regulation of the entire gambling situation in the country is carried out on the basis of the Gambling Act, which was updated on April 1, 2017. According to this legal act, mutual bets are allowed only in such betting companies that meet all the criteria and requirements set by the Africane Ministry of Finance, $have revived the application for such permission by presenting the entire package of required documents. "Compared to Africans legal online casinos, the number of Africans legal betting companies is much higher". Below we will describe in more detail each of them in our table. Meanwhile, companies that do not have permission to offer betting services from the African government are brought into the Register of domains used to offer gambling games in violation of the law and are banned in South Africa. This register contains all the sites that, despite the lack of permission from the Afrikanch authorities, continue to offer their services to players from the African territory and allow them to register on their sites.
Under the Gambling Act, players must pay 12% tax on their winnings to the IRS if they exceed $2,280.
Currently, 19 betting companies are licensed to offer mutual bets. All the bookmakers listed in our table are licensed by the African Ministry of Finance and offer Match Betting, and TRAF-mutual betting gives you the opportunity to bet on horse racing.
Legal bookmakers in South Africa
Fortuna
SC/12/7251/10/WKC/11-12/5565
- Rady Narodowej Księstwa Cieszyńskiego 15,43-400
- Cieszyn
The operator is Fortuna Entertainment Group, which has been operating in South Africa since 2012. KRS 0000002455. Tax ID 5481192629. REGON 070707400.
STS
PS4. 6831. 20. 2017.KLE
- Tel.: + 420 722 220 100
- Katowice
It has been operating in South Africa since 1997 and started offering internet services in 2012. The operator is Star-Typ Sport SP. z O. o. the company offers more than 430 fixed points. KRS 0000080269. NIP 6422187001. REGON 273378209.
ForBET
PS4. 6831. 10. 2016
- 8,00-103 Porcelanowa Street
- Warsaw
Operator: forBET Zakłady Bukmacherskie SP. z O. O. KRS 0000263257. Tax ID: 5482487290. REGON: 240448217.
Betclic
PS4. 6831. 11. 2017
- Tel.: + 420 222 222 100
- Wrocław
French bookmaker BEM Operations Limited offers its services through Gaming in South Africa SP. z O. O. Sponsor Piasta Gliwice, Lechii Gdańsk. KRS 0000573383. NIP 8971812874 REGON 362407439.
Totolotek
PS4. 6831. 8. 2018
- Tel.: + 420 722 722 722
- Warsaw
TOTOLOTEK S. A. is a member of the European Lotteries and Toto Association. KRS 0000027214. Tax ID 5240302341. REGON 010333455.
LV BET
PS4. 6831. 9. 2016.EQK
- Tel.: + 38 (044) 223-23-80
- Katowice
The operator is LV BET Zakłady Bukmacherskie SP. z O. O. KRS 0000534588. NIP 9542751776. REGON 360297047.
ETOTO
AG9 (RG3)/7251/15/ KLE/2013/17
- Tel.: + 420 700 700 700
- Warsaw
It has been functioning since 2011, it is a sponsor of Mateusz Bork, Michał Pola, Roman Kołton. Operator: E-TOTO Zakłady Bukmacherskie SP. z O. O. KRS 0000370248. Tax ID 5272639256. REGON 142666660.
BETFAN
PS4. 6831. 3. 2018
- Tel.: + 420 722 500 000
- Warsaw
BETFAN SP. z O.o. received a license in 2018. KRS 0000727637. Tax ID 5252747132. REGON 369967041.
Fuksiarz
PS4. 6831. 1. 2020
- Tel.: + 420 773 700 000
- Warsaw
Bukmacherska SP. z O.o. started its activity in 2020. KRS 0000806643. NIP 5272907780. REGON 384530252.
Total bet
PS4. 6831. 15. 2017
- Tel.: + 420 702 702 100
- Warsaw
TOTALbet Zakłady Bukmacherskie SP. z O. O. KRS 0000662497. Tax ID 1132929621. REGON 366521110.
Superbet
PS4. 6831. 4. 2017
- 73rd Infantry Regiment 7A, 40-496
- Katowice
The operator is Superbet Zakłady Bukmacherskie SP. z O. O. KRS 0000666114. Tax ID 9542775133. REGON 366704393.
eWinner
PS4. 6831. 29. 2017
- Legions 126/128, 81-472
- Gdynia
Operator: eWinner SP. z O. O. KRS 0000692778. Tax ID 5862321957. REGON 368141505.
Noblebet
PS4. 6831. 28. 2017
- Bolesława Limanowskiego 10, 41-300
- Dąbrowa Górnicza
The operator is Noblebet Zakłady Bukmacherskie Sp z O. O. KRS 0000687635. NIP 6292481907. REGON 367989720.
Pzbuk (Cherry bookmaker)
PS4. 6831. 26. 2017
- Tel.: + 38 (044) 120-50-00
- Warsaw
Product from Cherry Online Africa SP. z O.O. KRS 0000678163. Tax ID 1132942188. REGON 367291480.
Betcris
PS4. 6831. 1. 2019
- Tel.: + 420 722 722 100
- Gdynia
Mr BET Zakłady Bukmacherskie SP. z O.o. received a license in 2019. KRS 0000748281. Tax ID 5482704652. REGON 381380504.
Betx
PS4. 6831. 30. 2017
- Tel.: + 420 602 600 100
- Warsaw
The operator is BetX SP. z O. O. KRS 0000750227. Tax ID 5252765495. REGON 0000750227.
Betters bookmaker
PS4. 6831. 7. 2020
- Tel.: + 420 600 700 500
- Cieszyn
Produced by Silesia Entertainment SP. z O. O. KRS 0000832339. Tax ID 5482729741. REGON 385708634
Best bet
PS0.0000. 00. 2018
- Tel.: + 420 722 500 000, + 420 722 500 000
- Warsaw
Operator: BestBet SP. z O. O. KRS 0000627848. Tax ID 5272774913. REGON 364990408
Typiko
PS4. 6831. 30. 2017
- Tel.: + 420 722 222 100
- Bielsko-Biała
Bukmacherska Typiko SP. z O. O. with such registration numbers: KRS 0000623608, REGON 364718161, NIP 5472161871.
In terms of land-based points, Africa is rich in eleven entities that have permits from the African Ministry of Finance to offer their services at fixed points. One of the best companies from this list is Traf-Zakłady Wzażemne SP. z. O.and specializes in horse racing. Statistics show that the TOP 3 list consists of such the most popular bookmakers as Fortuna, Totolotek and STS. Fortuna has 600 ground points, Totolotek has 500 fixed points in South Africa, and STS-420.
Online sports betting-how it works
Thanks to the Great Dictionary of the African language, we can easily characterize what sports betting is according to such a definition: “betting a certain amount of money on the expected outcome of a sports competition or on another suitable event”. A company that accepts such bets is called a betting company or simply a bookmaker. The word “bookmaker “was borrowed from the English language by a combination of the words” book “(bet) and” maker " (make). The bookmaker gives you the opportunity to choose from a large list of bets that best suit the player. Depending on the outcome of the event, the player's bet may have several variants. For example, it can be won completely or won in half, it can also be lost completely or lost in half, and it can also be returned.
History shows that betting was popular even in ancient times, when chariot races or gladiator fights were organized. However, historians believe that the first mention of Sports Betting dates back to the 18th century, when during horse racing in Great Britain, Harry Ogden announced that he could take a bet on any horse participating in races. It was 1790. A few years later (1992), the first betting point was opened by Englishman John Moores, later players began to use telegraphs and telephones.
The first online bet was placed on January 17, 1996 on the bookmaker's website Intertops.com this bet was placed by a player from Finland named Jukka. The boy bet $ 50 on the match Hereford United against Tottenham Hotspur and received $ 52.
Development: ancient times (gladiator fights) - > 1790 year (horse racing) - > 1922 year (the first betting point) - > 30 years of the 20th century (betting by Telegraph) - > 1996 year (the first online betting)
Of course, a lot of time has passed since then and every year more and more online betting companies have been created. Every company does not stop trying to offer a really great range of different sports and not only. Modern bookmakers do everything to surprise their players and offer only the best conditions. Every third African player prefers classic betting on sports such as football, basketball, hockey, tennis or boxing, but there are also those who love to bet on esports. "The most popular types of e-sports in South Africa are Dota 2, League of Legends and Counter-Strike". All sports events that you can bet on are mainly related to tournaments, races and World Championships. Despite the popularity of such sports, there are also widespread bets on the victory of not only football teams (or any other), but also on sometimes strange things and events (for example, who will give the longest speech at the Oscars gala or the really American President Donald Trump decides to paint the White House in a different color, etc.).
We want to present some interesting statistics on sports betting in South Africa and around the world:
- the biggest win in South Africa on the basis of the stake of 50,000 was 818,000 African $;
- the biggest loss in the world is £ 417,000. The coupon was placed on the match Spain-Germany (semi-final of the 2010 FIFA World Cup). The player bet his Coupon on the victory of the German team;
- studies show that about 13% of African residents at least once in their lives tried to place a bet on the bookmaker's site.
Interesting: in 2008, Fred Craggs of Yorkshire won a million pounds by betting 50p. Then he bet on 8 horses, and learned about his victory on the day of his birthday (60 years). Freud's coupon contained this total rate: x2, 000, 000.
Types Of Betting
Betting can often be an incomprehensible type of gambling entertainment for people who have never dealt with such an industry. So, the first attempt and the first betting is always associated with a misunderstanding of the main basics of betting, that is, the types of betting. We recommend that you first read the content below, and only then invest your funds into the account of a legitimate bookmaker. Typically, the bookmaker offers online betting on sports and virtual sports. Virtual sports differ from ordinary ones in that they are based on specific algorithms that rely on determining the results of events according to the built-in statistics that generate these events. The virtual match resembles a standard match, because the names of the teams, the course menu, the team coats of arms are very similar to real ones, and the animations imitate everything as it is in ordinary sports. Very often, players confuse the concept of e-sports with virtual sports. There is certainly no similarity here, because virtual sports depicts the sport of virtual characters and is very similar to real matches that are played in real time. In contrast, e-sports (often referred to as cybersport) is a type of game played by players who love computer games and bet on the results of games such as Counter Strike. The result in e-sports is determined by the action of real players who play these computer games. In the case of virtual sports, we have a special algorithm and it is not about any influence on the result from real people.
As we said, the player can choose what kind of bet he wants to bet on, so below we want to characterize each of the types:
- Bet 1x2. This type of bet is the most common among African players and can be wagered at all betting companies. It is translated in a very simple way: 1 is a win for the hosts, X is a draw, and 2 is a win for the guests. So, the user can type in three different ways.
- Double chance 1X, X2. This type of bet is related to the options of the previous one, but gives the player more chances to type because one more option is added to the outcome of the event. A 1x bet means that the host wins or the match ends in a draw, and an X2 bet ends in a dice win or a draw. We will now show you what the settlement for the 1x bet looks like:
(player's Bet * odds X / (Odds 1+odds X)) * Odds 1 / player's bet = 1X
We'll show you what it looks like in practice. For example, for the match RB Liverpool-Atletico Madrid player bet $200 on a win RB Liverpool or a draw, so we have to calculate the bet 1X. odds on 1 is 3.2; odds on X is 3.6; odds on 2 is 2.4. Here is our calculation: ((200* 3,6) / (3,2 + 3,6)) * 3,2 / 200 = (720 / 6,8) * 3,2 / 200 = (105, 8 * 3,2) / 200 = 338,5 / 200 = 1,69 = 1X. as you can see, the odds on a 1x bet will be 1.69.
- Two-way Plant 12. This is a no-draw bet. It is worth using this type of bet when there is less risk of ending the game with a draw, for example, tennis.
- 1 Half / Meeting - a type of bet that involves betting on the results of the game until the break, and then at the end of the event. By betting the result using this kind we have 9 variants for our bets: 1/1, 1/0, 1/2, 0/1, 0/0, 0/2, 2/1, 2/0, 2/2.
- Draw No Bet, a bet without a tie. Bookmakers do not distinguish this type of bets, because betting on DNB player can receive a refund of the amount paid if the match ends in a draw. The player himself can calculate the bet on the DMB:
bet on X in DNB = player's entire bet / X odds
For example, a player wants to bet $100 on one of the teams to win, and the odds of X is 3.2. So 100 over 3.2 is 31.25. In the event of a tie, the player receives a refund of $31.25 from his bet.
- Moneyline. It is based on 12 and 1X2 bets.This type of bet is very similar to that of the GNI, but it does not provide for any return of cash.
- An Under/Over Bet. These are bets that rely on betting on the results of matches around a number set by the bookmaker. You can bet on the number below or above. A common number for such bets is 2.5. You can place U/O bets on everything that happens during matches (receiving yellow cards, goals, fouls, etc.) In practice it looks like this:
>No1 - OVER situation: we placed a bet above 2.5. If 1 or 2 goals are scored during the match, then our bet is lost, but if 3 or more goals are scored, then we get a win.
No2 - UNDER situation: we placed a bet below 2.5. One or two goals scored bring a win to the typer, and when there are more goals, it means that the bet of the typer is lost. In addition, there is no difference which team scored the goal
- European Handicap (EH). In general, a handicap is the kind of bet that aims to level the playing field for the weaker team. EH is just betting type 1X2 and using integers.
For example, a handicap of 0:1 has several types of wins for a bet: -1 (If the difference between the results of the match is 2 goals in favor of the hosts), 0 (if the host won won with only one goal scored), +1 (if the teams received a draw or the victory was received by the visiting team).
A 1:0 handicap win is possible in the following situations: -1 (If the difference between the results of the match is 2 goals in favor of the guests; a draw or a victory for the hosts); 0 (if the guest won with only one goal scored), +1 (if the teams received a draw or a victory for the host team).
- The Asian Handicap (AH) is slightly different from the European handicap. The difference is that betting does not provide for the teams to get a draw, that is, it is a bet of 12, but when the match ends in a draw, it takes into account the DNB bet (that is, the return of a certain amount from the entire amount of the bet of the typer). However, the main difference between EH and AH is that AH uses not only integers, but also halves and quarters.
This is how Total, half, and quarter handicaps are settled, where W+Z stands for 50% win and 50% return, and W+P stands for 50% win and 50% loss.
(AH) types of handicaps | -1 | 0 | +1 | -1,5 | -0,5 | +0,5 | +1,5 | -1,25 | -0,75 | -0,25 | +0,25 | +0,75 | +1,25 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
win (2 goals) | + | + | + | + | + | + | + | + | + | + | + | + | + |
win (1 goal) | return | + | + | no. | + | + | + | W+P | W+Z | + | + | + | + |
draw | no. | return | + | no. | no. | + | + | no. | no. | W+P | W+Z | + | + |
lost (1 goal) | no. | no. | return | no. | no. | no. | + | no. | no. | no. | no. | W+P | W+Z |
lost (2 goals) | no. | no. | no. | no. | no. | no. | no. | no. | no. | no. | no. | no. | no. |
- A bet on a yellow card and a red card. This type of bet we do not have to somehow calculate, this bet occurs only in those sports that provide for the appearance of such an option. Betting on yellow and red cards also has several types: a bet on the number of such cards during the match, a bet on the number of points for receiving such cards, what will be the first or last card in the match played, which team will receive a red or yellow card first, a bet on the player who can receive a red card, etc. Considering this type of bet, you should pay attention to the rules of the bookmaker and the methods of settlement of such bets. It is very common to compare two yellow cards to one red card. We also recommend that you consider other factors that may be key to your chosen event. For example, it is worth paying attention to the league, this factor is associated with the temperament of those players who live in countries where they like an aggressive game. The appearance of yellow and red cards in matches where the Portuguese or Italians play is a very common phenomenon. We also recommend that you look into the players that take part in the matches. Other factors for which you should definitely analyze what is the rank of the event and what is the tactics of the whole team.
- Bet on penalties. This type of betting can also be used to bet on various aspects: whether at all during the event any of the teams will take a penalty, in which half of the game the first penalty will be dictated, which team can win the penalty or who will take the penalty etc.
- The first event. By placing this bet, the typer determines which event will occur first: change of player, out, free throw, corner, penalty, goal, medical, five or no event will occur.
- Other types of bets. Additional types of bets are: HT bet (what will be the result until the end of the first part of the event), time bet (is to determine the time for a specific event during the match), which player will score a goal, DW bet (typing the exact result of the end of the event), BTS bet (Both Teams to Score - whether both teams will score a goal during the game).
In addition, betting companies offer not only bets on sporting events, but on other important events that take place in our daily lives. These are events related to the economy, politics, culture, film premieres, etc. A very interesting and popular option for typers is also live betting, which allows players to bet on sports during the match. Usually, the reason for such great popularity of live betting is to raise the level of adrenaline and gambling compared to regular betting.
How to choose the best bookmaker?
First of all, we recommend that you create your own comprehensive ranking of bookmakers and choose for this ranking only those brands that most often appear on the Internet and are described from the bright side, that is, in a positive context. So you should check a few sites before you start betting. First of all, it is worth seeing which Africane websites are on the list of domains banned by the Africane Ministry of Finance. We also recommend you to use the ranking that we gave on the page of our portal, our author Milan Rabszski independently tested all those brands that he put in the ranking of the best.
Secondly, it is worth considering what you mainly care about and what sports you prefer. Ask yourself about leagues, Picks, favorite teams, and see if the brands you choose can give you the ability to bet the way that suits you best. Also check the coupon and odds on bets in each bookmaker separately.
Thirdly, we recommend that you pay attention to other important criteria:
- betting offers;
- assortment of matches;
- bonus offers;
- course offers;
- the presence of mobile applications that facilitate mobile gaming and the ability to keep your hand on the pulse at sporting events for further betting;
- reviews about this bookmaker from experienced players;
- margins offered by bookmakers (commissions that the bookmaker contributes to the listing, thanks to which it earns regardless of the outcome of the event. The lower the margin, the greater the chances for the typer);
- having a license. Legality can be checked on the website of the Ministry of Finance;
- minimum and maximum amounts;
- speed and responsiveness of the website with your device;
- support from the bookmaker. You should check whether the employees of the betting company are able to offer professional help and quick support.
Rules of the game for betting
When it comes to online casino slot machines, there are immediately associations about the lack of specific rules and complicated rules. In the case of bookmakers, the situation looks a little different, because placing bets on various events requires us not only to think strategically, but also to know about the event on which we are going to bet the amount. That is why at this point in our article we want to present the algorithm for those players who have not yet used the services of a bookmaker, as well as for those who are already looking for different strategies for betting.
- Registration on the website of the bookmaker. Usually, registration is very fast and resembles the usual filling out of an online casino registration form.
- Receiving a welcome package from the bookmaker. Usually bonuses will be added to the player's balance after making a deposit. So, even before registration it would be worth checking what are the limits for deposits (such information can be found in the rules of the bookmaker);
- Further on the bookmaker's website, you can use the filters and choose the event that best suits the typer. We want to emphasize that it is worth first analyzing the event on the basis of which we are going to type. A very important issue is your knowledge of the aspect on which you plan to place your bet. Then we will have more chances to win, because we are guided not only by chance, but also by strategic thinking and facts.
We mentioned such a concept as the minimum rate, the so-called minimum deposit. Usually the bookmaker independently sets the minimum amount for placing a bet, usually the minimum bet is no more than 5-10 $oty. Many betting companies in South Africa consciously choose the limit of 1 SAN.
Experienced gamblers long ago began not just to bet on sports events for entertainment, but also set about creating their own strategies and using existing ones in order to receive big wins based on the matches played. So, we will now show the most popular tactics, which, according to Milan Rabszski and other experts, are the most effective.
Back&Lay - system for betting on football. First, it is necessary to explain what such a strategy is based on, that is, what is hidden under the concepts of "Back" and "Lay". A Back bet is a bet that the player (i.e. the typer) makes to the bookmaker, and a Lay bet is a bet that the bookmaker makes on what should just not happen. The strategy is to secure the bet.
Suppose you want to place a Lay bet on 50 SAN at odds of 4.5. However, after scoring a goal, the odds of a draw will increase, which will give you the opportunity to make a profit based on the Lay bet.
Value Bet - this system can be used when betting on various sports. This strategy mainly consists of looking for betting errors and assessing the value of the bet. This strategy consists in settlements using such a formula:
bet Value = (Bet * probability%) / 100
If your settlement shows a bet value that is higher than 1, then you can get a value bet. It is worth seeing how it looks in practice.
For example, a betting company has placed a odds of 4 (16%), however, according to your competence and experience, the probability of the winning team is 20%. The value of your bet will be calculated as follows: 4*20/100= 0.8. This score does not exceed 1, so it is better to look for a match the value of the bet on which using such a settlement will be higher than 1.
The Kelly Criterion This criterion can help determine the optimal size of the bet according to its value. This criterion consists of two betting models. The first model is called Full and it is about counting the percentage of bankroll using such a formula:
bankroll = [((bet - 1) * probability)) - probability of losing] / (bet-1)
Probability does not apply to any courses and is a very subjective phenomenon.
Before you start using this formula, you must first convert the event rate to a decimal number. As for the second model, this is called fractional u does not apply to the entire amount wagered. The formula looks almost the same, but the final result should be multiplied by the required percentage.
Martingale System it is often used when playing roulette. It involves doubling the bet on each failed bet, however, according to experts, it is not worth using this system when betting on sports events, since the rates of subsequent bets should always be higher, which is not always in line with the limits for bets from some bookmakers. However, there are those who use this system and with it can be able to cover all previous losses.
In practice, it looks like this: our first bet of $10 after losing is doubled to $20 at odds of 2.2, so now the balance is -10. Let's not forget the 12% tax. From the doubled bet we get a win of $38.72 (12% from $20 to $ 17.60). This number must be multiplied by the odds of 2.20). You can see that our previous loss was covered, and we also remained in the black.
Fibonacci Strategy it consists in using a sequence of natural numbers in which each number is the sum of the two preceding numbers. For example, 55, 89, 144, 233 and so on. Usually this strategy is used in the case of draws. This tactic is mainly based on such a principle as The Martingale system, but doubling the bets in the previous strategy in the Fibonacci strategy is replaced by an amount that is the sum of the two previous numbers. So the first bet of $2 is going to change to the next bet of $3, and the next bet is going to be $5. A win on any bet in this sequence covers previous losses.
The Greenwood System This system is also based on progression and very similar to the two previous systems, but it relies on such a formula:
bet = (expected Win / ((Odds-1) * 10)) * 1
We practice: let's assume that our winnings from the bet will be $100 OT, and the odds for the Bet are 1.8. So, our settlement will look like this: (100 / ((1,8-1) * 10 )) * 10 = 125 $otych. That should be our rate. The next bet should be increased by the amount that we have chosen as the expected win (in our case it is $100). On the basis of the Greenwood system, you need to increase the new stake again until you get a win.
Fixed Wager betting strategy. This system is very simple and involves the deposit of only one specific amount per match. Such a strategy helps to set a monthly limit that you are able to withdraw to the casino's balance. The optimal amount for such bets can be $ 5 or $10 otych, which allows you to lose up to $350 otych per month.
The game of Arbitration it is such a strategy when the player is only looking for " sure bet” (bets that bring profits to the player). It is about finding such events through which we will always have a profit, regardless of the results.
In fact, there are even more different strategies, because every day there are some new essays and mathematical calculations on how you can get a win based on sports betting. However, it is also worth remembering to control your bets. In any case, we do not recommend to exceed the limit that you set and follow what coupons you choose, find information about the teams, thereby increasing the probability of your win. The rule is simple: whoever has more information wins.
Types of sports betting coupons and how to choose the best method for playing
Online sports betting coupons are the main tool for betting. It is with the help of coupons that we confirm our bet. A stationary bookmaker issues a paper confirmation to the player, and an online bookmaker sends a digital one. Coupons are not as simple as they may seem at first glance. There are several types of coupons.
- Single - these are coupons bet which contains a single match. Our chance of hitting a win with such a coupon ranges from 33% to 50%. Such coupons are used by those who have a very good bankroll.
- Double and treble - on the first coupon you can bet on two different events, and on the second you can bet on three events. Experienced players recommend choosing events in such a way that the odds for two events in total exceed 2.00, and for three - 10.00.
- How - on the basis of this coupon, we have the opportunity to bet on more than two events. It is also called a combination coupon. The total amount of the course can be obtained if you multiply all the individual courses. The risk of losing when using such a coupon is very high, because the win counts only when each individual bet is hit.
- System coupon - it is very similar to the ako coupon, but in the system coupon we can reduce the risk of losing by setting the number of events that we will definitely hit. For example, we select a system coupon and set 3z5. This means that at least three events out of 5 must be hit.
- Block coupon - this coupon is a combination of an AKO coupon and a system coupon. Here we are talking about creating a coupon, which is divided into different blocks. Each block is just an AKO coupon, and the whole block coupon is mainly about typing which of the blocks will be hit (just like it is with the system coupon).
Current betting odds
Any typist who starts betting online with bookmakers knows that he needs to focus on three very important issues, which are bets, coupons and odds. We have already discussed two issues, so it remains for us to tell more about the odds for betting. Some say that betting odds are one of the foundations for effective betting on sporting events, it is difficult to disagree with this. In simple words, betting odds are the odds of winning that we receive from the bookmaker. Betting companies use different odds: Indonesian, Malaysian, decimal, fractional and American. "Legal bookmakers in South Africa most often use decimal odds".
The amount of the odds always depends on the probability of winning: the higher the probability, the lower the odds from the bookmaker. It is also worth mentioning such a concept as the betting margin, which is really the difference between the odds offered by the betting company and the likely odds. In other words, the betting margin is the protection of the betting company from a big loss. Suppose there are two teams playing against each other, the probability of winning for which is 60 and 40 percent. The player can calculate the odds for the first team and for the second, which in our case is 1.67, and the second-2.5, but the bookmaker will never set such a course, and will lower it to a certain amount, for example, 1.4 and 2.3. The betting margin in our example will be the difference between 1.67 and 1.4/ 2.5 and 2.3. The higher the margin, the greater the risk for the bookmaker. All betting odds are set by oddsmakers who, based on computer algorithms and various analytical tools, determine the odds for each bookmaker they work with.
- Decimal odds. Another name is the European course. the bookmaker assumes that for two events there is an equal chance of winning, according to which he divides 100% by the probability. To the number received, the bookmaker also imposes a commission. A win on the basis of such a course can be calculated as follows odds * player's bet = win.
- Fractional or British courses. Another name is the European course. the bookmaker assumes that for two events there is an equal chance of winning, according to which he divides 100% by the probability. To the number received, the bookmaker also imposes a commission. A win on the basis of such a course can be calculated as follows (British Odds + 1)* bet = win.
- American courses. US rates should be divided into positive and negative. The first ones show how much profit we will get if we bet a certain amount, and the negative ones show how much it is worth investing to get this profit. In the first case, we use such a formula: bet * (1+ Odds/100) = win. In the second case, use such a formula: rate * (1+100/ |odds/) = win.
- Indonesian courses. The principle is similar to the American rates, but the amount received in the American version should also be divided by 100, that is, the formula looks like this: player's bet * (1+US Odds/100) = win.
- Malaysian courses. With this course, we can also find out what the size of the bet will be to the probability of profit. Formula: bet * (1+odds) = win.
Bonus offers from online bookmakers
Not only online casinos can offer bonuses and interesting offers for playing online slot machines. The best betting companies such as the TOP 3 gambling brands in our ranking of 20Bet Casino, 22bet Casino and Betinia Casino can also offer many types of bonuses for the start and subsequent bets, the bonus ranking from them is really great and worth paying attention to. The most popular bonus is the start bonus, which usually consists in taking the bonus from the first deposit. The welcome Bonus can be used in several different ways: cashback, free bet, bonus ako. The cashback Bonus provides a cashback in the event of a loss, so if a player bets on the victory of a team that in the end can not win, then part of the lost funds that the player deposit will be returned to the player. The free bet Bonus is the same as the No Deposit bonus. In fact, this bonus is rarely found in offers from the bookmaker, but when such promotions appear, it is definitely worth taking advantage of them. Free bet gives you the opportunity to place a bet without placing a bet, you can bet on the outcome of one of the teams and not worry about any loss, in other words it is a risk-free bet. Also often you can meet bonus AKO, which is usually applied to combination coupons. Usually, the terms of this bonus depend on each bookmaker separately. Additional bonuses for typers can be such offers: the opportunity to participate in tournaments, a bonus for referrals of a friend, a bonus for downloading a mobile application from the bookmaker's website, promotional codes or bonus offers for active and regular players. The conditions for receiving bonuses are always described in the terms and Conditions of the bookmaker whose services you use, because each brand sets its own requirements and deposit limits, etc.
Payment methods and systems in betting shops
Betting on the results of matches always involves payments, so gamblers often look for such payment methods, which are primarily very “fast” in terms of the time of replenishment of the player's balance. Also, players are always interested in payment methods for legal betting, which are safe. The third criterion is the acceptance of Africans. The best gambling brands that offer betting services that we have highlighted and included in our list only accept payment methods that meet all these criteria. The most appreciated is the bookmaker with Paysafecard, because using this prepaid card does not oblige us to anything. You can buy it at any kiosk and deposit using the numbers given on this card-scratch card. Also, many players appreciate payments using cryptocurrencies. In such situations, we recommend using the Bitcoin method. The use of the ecoPayz voucher is also very popular in Africanch casinos offering the best betting, and when you do not use any of the above system, then we can recommend you such four electronic wallets that support most Africanch banks and are always regulated in terms of security: Revolut, Trustly, PayPal, MuchBetter.
Summary
Summing up our considerations on what is a sports betting field, it is worth considering the most important characteristics of the functioning of bookmakers in the computer version. First of all, we have facilitated the situation with payment methods, all transfers are much faster and safer than compared to making payments in stationary betting points. An important advantage is the ability to bet on any event on the Internet without leaving home, the most popular are virtual sports and cyber sports, however, people who are not interested in sports love to bet on the results of other events, such as political. It is this aspect that characterizes the online bookmaker as a point for people with different interests and different intentions. Also a positive feature of online betting is the ability to receive bonuses, which, in combination with bonuses in online casinos, are much more attractive and useful. Also a good option in online bookmakers is a variety of bets and coupons, as well as a greater number of effective odds for betting. The last significant feature is the access to reviews made by experts and sports professionals, where you can read the correct information on various aspects of the functioning of the brand in the gambling industry against the background of other brands. Please check our ranking and reviews of those brands that have been placed there.