There are many ways to bet on horses in South Africa and we listed some of the best bookmakers that accept bets from South Africa below.
Check the Betting from South Africa laws
The laws in South Africa are very similar to those in other countries and you must be over 18 years old to place a bet.
You will also need to be over 18 years old to open an account or use a credit card/debit card.
How to bet on horses in South Africa?
You can bet on South African racing using either fixed odds or by betting into the totalisator pools. In a fixed-odds market, you place your bet against a price and if your selection wins or comes second; you get back exactly what you staked plus any winnings. You also have to consider that depending on how many runners are in a race and how much money they have staked, this may not be the best option for you.
The other way of betting is known as pool betting which allows punters to gamble on several selections in one race without having to risk too much of their bankroll at once. This means that if all the horses come home in the first place then there will be no payouts but if just one fails then all bets placed on that runner will be lost while those who wagered on other runners would receive their winnings minus taxes, charges, etc…
Use a Rand or Rand-based account
To start, you’ll need to open an account with a South African bookmaker. This is the only way you can place bets on horse racing in South Africa. You can use a Rand or Rand-based account and place your bets in either currency (you will receive payouts back in Rands) but if you have money in another currency, like US dollars or Euros, then it’s easiest to open an account with one of the many online sports books that accept those currencies as well.
Once you’ve got your South African bank account set up and funded with enough cash to cover any potential losses, it’s time for some real action!
Bet from your computer or Mobile device
You can bet on South African racing using either fixed odds or by betting into the totalisator pools. There are no restrictions on the amount of money that you can place in any pool and some bookmakers allow bets in increments as low as 1c.
Betting Online
The South African Jockey Club has been working hard to provide online betting services for many years now, giving its customers the ability to place bets from anywhere in the world with an internet connection. The online website is easy to navigate, which makes placing wagers a breeze even for first-timers!
This brings us back around full circle: Betting on South Africa horse races doesn’t have to be complicated or difficult! With these tips under your belt, you’ll be well on your way towards becoming a savvy horseplayer who knows all about this great sport’s potential prospects—and which ones might be worth betting on today!
There are lots of online bookmakers who accept bets from South Africa and you can find the best ones by looking at our reviews.
We review all the best bookmakers and give you the best options.
Conclusion
Well, there you have it. You know how to bet on horses in South Africa and you’re ready to get started! There are lots of online bookmakers who accept bets from South Africa and you can find the best ones by looking at our reviews.
