Last updated August 8, 2023

If you are betting online, you need to deposit money into your betting account. Bookmakers in South Africa present various deposit channels. However, this article will only consider Betway deposit channels. New bettors can also use the Betway sign up code during registration to get the welcome bonus from the bookmaker.



Betway Deposit Methods

There are over 15 deposit methods on Betway South Africa. The Betway minimum deposit, as well as the maximum deposit amount, depends on the method chosen. The Betway deposit time for online deposits is instant. However, bank deposits might take 1-3 days. We will look at different Betway deposit methods for South African bettors.

Betway Deposit

Card Transactions

Follow the steps below to use your credit/debit card to deposit on Betway:

  1. First, log in to your Betway account and click on the menu button.
  2. Click on the ‘My Account’ button and tap on ‘Deposit Funds
  3. Next, select the Credit/Debit card option and the amount you want to deposit.
  4. Enter the details of your Credit/Debit card, including the card number, expiry date and CVV and click the ‘Next’ button.
  5. Then, you will be redirected to your bank’s payment authorisation page. Complete this process by entering the One Time Password (OTP) sent to your phone.
  6. After the transaction is authorised, the deposit will be credited to your account.

OZOW

OZOW is a financial payments company that helps South Africans to send and receive money. Follow the steps below to make a deposit using OZOW:

  1. Log into your Betway account and click on the menu button.
  2. Second, click on the ‘My Account’ button and tap on ‘Deposit Funds’.
  3. Select OZOW and the amount you want to deposit.
  4. Then, you will be redirected to the OZOW payment page. Enter your bank details and authorise the transaction by entering the OTP sent to your mobile phone.
  5. Once the transaction is authorised, you will be debited, and the amount will reflect in your Betway account.

OTT Vouchers

You can fund your Betway account using OTT vouchers that can be purchased in over 20,000 locations all over South Africa. Follow the steps below to redeem the voucher:

  1. Log into your Betway account and click on the menu button.
  2. Next, click on the ‘My Account’ button, tap on ‘Deposit Funds’, and select the OTT vouchers option.
  3. Enter the voucher code and click on ‘Redeem.’
  4. Lastly, the amount of the voucher will be credited to your Betway account.

1 ForYou Voucher

This is another voucher option that you can use to make a deposit. 1 ForYou vouchers can be purchased at several popular stores like Ackermans, PEP, Shoprite, etc. Follow the steps below to redeem the voucher:

  1. Log into your Betway account and click on the menu button.
  2. Next, click on the ‘My Account’ button, tap on ‘Deposit Funds’, and select the 1 ForYou voucher option.
  3. Enter the voucher code and click on ‘Redeem.’

Kazang

Just the OTT voucher option, bettors can purchase Kazang vouchers from vendors and redeem them at the bookmaker. It is the same process as above, just choose Kazang from the list, enter the code and click on ‘Redeem’ to credit your Betway account.


Easy Load

Easy Load is another voucher option. First, visit any Easy Load vendor to purchase the voucher. Then, follow the steps above to redeem the value of the voucher and credit it to your Betway account.


Quick EFT

Quick EFT is a payment option Betway has with partner banks to quickly transfer money from your bank account to your Betway account. Follow the steps below to use the Quick EFT option.

  1. First, log in to your Betway account and click on the menu button.
  2. Click on the ‘My Account’ button and tap on ‘Deposit Funds’
  3. Next, select the ‘Quick EFT’ option and the amount you want to deposit.
  4. Choose from the list of banks and log into your bank account with your details.
  5. Select the account you want to pay from, and you will receive an OTP.
  6. Enter the OTP and click on ‘Next’.
  7. Finally, the bank will process the transaction to credit your Betway account.

FNB ATM

First National Bank (FNB) allows you to make a Betway deposit using their ATM even if you don’t have an account with them. Follow the steps below to use this option.

  1. Visit any FNB ATM and select the ‘Cardless Services’.
  2. Second, select the ‘Make Cash Deposit’ option and then the ‘Pay public recipient.’
  3. Type in ‘BET’ and choose Betway.
  4. Then, choose the amount and enter your Betway account number as the recipient reference.
  5. Click on ‘Confirm’ to complete the transaction.

USSD

The USSD option presents another option to redeem the different vouchers that you can use to make a deposit. This method accepts OTT, Kazang and 1 ForYou voucher options. Follow the steps below to use this option.

  1. On your mobile device, dial *120*48463#.
  2. Type 2 in the text box to select the ‘Deposit’.
  3. Select a voucher option from the list of options and enter the voucher code.
  4. Click on continue to redeem the voucher, and the amount will be credited to your account.

MTN Mobile Money

You can use the MTN MoMo app to make Betway deposits. The steps below show how to use this option.

  1. Log into your MTN MoMo app and click on the ‘MoMo Pay’ and the ‘Pay and Buy’ option.
  2. Next, tap the ‘Lotto and Betting’ option and select Betway.
  3. Confirm that the mobile number used in registering your Betway account and the MoMo number are the same.
  4. Lastly, click on the amount you want to deposit and enter your pin to confirm the payment.

Betway Deposit FAQs

We have come to the end of the Betway deposit methods in South Africa. However, here are some frequently asked questions about the deposit methods. If you have any Betway deposit problems, contact the customer care team of the bookmaker.

What is the minimum deposit at Betway?

The Betway minimum deposit amount depends on the method chosen.

How much can you deposit on Betway?

The Betway maximum deposit amount also varies depending on the method.

How long does the  Betway EFT deposit take?

The Betway deposit time depends on the payment channel used. The deposit is credited instantly once the payment provider authorises the payment. A delayed deposit may be one of the Betway deposit problems, and you can contact the customer care team of the bookmaker to resolve the issue.

How to buy a Betway voucher using Airtime?

You can’t buy a Betway voucher using Airtime. However, you can use some other vouchers to deposit on Betway.

Does Betway accept Vodafone cash?

No, currently, Betway doesn’t accept Vodafone cash.