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How to deposit on Betway Article Cover ZA
Article

How to Deposit on Betway

1 April 2021

Eager to learn how to deposit on Betway? You’ve come to the right place. In this article we will go through all the steps that are needed to deposit with one of the biggest betting sites in South Africa, as well as breakdown how to deposit with each deposit method. Keep reading to learn how to deposit on Betway!

How to deposit on Betway can be a tricky topic if you’re unfamiliar with making online payments. But not to worry. We’ll be showing you the ins and out of each deposit method so that you’ll have a good idea on how to get this done.

All you’ll need is a desktop or mobile device, a bank account, and a Betway Account. Having a banking app or online banking login would also help.

If you don’t yet have an account with Betway, click on the button below to begin the sign up process. Signing up takes two minutes, and only requires a few personal details, and is free.

So without further ado, below are the topics that will be covered in this article:

Why you should deposit with Betway

✅ Plenty of fast and easy deposit methods

✅ You stand to benefit from promotions

✅ You have more money to bet with

✅ Most deposits reflect instantly

✅ It will enable you to bet with one of SA’s biggest betting sites

How to Deposit on Betway FAQs

💸 How to deposit money on Betway?

Depositing on Betway is a simple process to complete.

Once logged into your Betway Account

  1. Click on deposit,
  2. Choose your deposit method
  3. Fill in the amount you want to deposit
  4. Follow the instructions attached to the deposit method
  5. Confirm your payment

⏰ How long does it take for Betway deposit to reflect?

This depends solely on which deposit method you are using. Most deposit methods reflect instantly. The only deposit type that doesn’t reflect instantly is EFT, which takes 1-3 days to reflect.

💰 How to withdraw on Betway?

To withdraw on Betway, simply log into your Betway account

  1. Click on My Account
  2. Click on Withdraw Funds
  3. Click on your preferred withdrawal method
  4. Enter the amount you would like to withdraw
  5. Click on Withdraw

⌚ How long does Betway withdrawal take?

This is again dependent on the type of withdrawal method you have chosen to use.

Betway offers four withdrawal methods. The withdrawal types, as well as the amount of time it takes for them to reflect into your bank account are listed below:

  1. EFT - reflects after 1-2 Business days
  2. Standard Bank Instant Money - reflects after 24-72 hours
  3. ABSA Cash Send- 24 hours
  4. FNB Ewallet - 24 hours*

*In order to use FNB Ewallet, you will need to submit a copy of your ID to Betway

How to deposit on Betway General Guide

How to deposit with Betway can be a tricky question if you've never made a deposit with them before, or if you’ve haven’t had much experience with making online payments.

Lucky for you however, the process is super simple and will be outlined right here in this article.

Generally the process to make payments into your Betway account is simple. First and foremost, you need to have a Betway account, and you need to be logged into your account to be able to make deposits.

Once logged in:

  1. Click on deposit
  2. Select which deposit method you would like to use
  3. Enter the amount you would like to deposit
  4. Fill in the information/follow the steps outlined by Betway
  5. Confirm your payment

This is the general method with payments methods like Visa/Mastercard, Ozow and SiD. The rest of the deposit methods available on Betway will be covered below.

Betway New Deposit Methods Mock Up

How to deposit on Betway with Visa/Mastercard

Using a VISA/Mastercard for making payments is one of the most common ways to send money.

These come in the form of people’s debit and credit cards, which are used for everything from grocery shopping to making all kinds of online payments.

Below are the steps on how to deposit with Betway via VISA/Mastercard

How to Deposit on Betway with Visa/Mastercard

100% up to R1000
as a Free Bet

  1. Click on Deposit
  2. Click on Visa/Mastercard
  3. Enter the amount you would like to deposit
  4. Enter your card details
  5. Click on Proceed to Payment
  6. Enter the requested details (Card holder name and CVV Number)
  7. Click Next
  8. Approve the payment

How to deposit on Betway with Ozow

If you prefer convenience and not having to use your card for details and CVV numbers, Ozow might be the deposit method for you.

They’re a super company that are revolutionising online payments in South Africa.

Making payments with Ozow is free and immediate, and comes with no need to subscribe to anything. Below are the steps needed to be completed to deposit with Ozow on Betway.

How to deposit on Betway with Ozow

100% up to R1000
as a Free Bet

  1. Click on Deposit
  2. Choose Ozow from the list of Deposit methods
  3. Enter the amount you would like to deposit
  4. Click on the bank that you use
  5. Use your online banking details to login and verify your account
  6. Click proceed with payment
  7. Approve payment on your banking app

How to deposit on Betway with SiD

If you’re looking for an alternative to Ozow then SiD is the answer you will be looking for.

Another cardless payment method, SiD’s service exemplifies convenience, and has been helping South Africans make online payments for quite some time now.

Below is the process on how to deposit with SiD

How to Deposit on Betway with SiD

100% up to R1000
as a Free Bet

  1. Click on Deposit
  2. Click on SiD
  3. Enter the amount you would like to deposit
  4. Click on Proceed
  5. Select your bank
  6. Fill in your online banking username and password
  7. Click on Proceed with Payment
  8. Approve the payment on your banking app

Si D Deposit ZA

How to Deposit on Betway with Vouchers

Learning how to deposit on Betway with vouchers will be an absolute walk in the park. Vouchers are by far the easiest deposit method to use to credit your Betway account.

Betway accept a number of vouchers, including:

  1. OTT Vouchers
  2. 1Voucher
  3. Kazang
  4. EasyLoad
  5. Blu Voucher

Below, we will take you through the process of crediting your betting account with a voucher

How to Deposit on Betway with Vouchers

100% up to R1000
as a Free Bet

  1. Log into your Betway account
  2. Click on Deposit
  3. Click on the voucher brand that you have
  4. Enter the voucher code into the space provided

Vouchers ZA

How to Deposit on Betway with MTN Mo Money App

MTN Mo Money is one of Betway’s freshest deposit methods that punters can use to credit their betting accounts. Another cardless process, MTN Mo Money is fast, easy and hassle free.

If you’re not an MTN customer, it would be a wise idea to skip this part of the article and move onto the next section.

If you are however and MTN user, and have the MTN Mo Money App, then below is how to deposit on Betway using this method

How to Deposit on Betway with MTN Mo Money App

100% up to R1000
as a Free Bet

  1. Login into the MoMo App
  2. Tap Lotto and Betting
  3. Tap on Betway
  4. Ensure the number you’ve registered with MoMo corresponds with your number on Betway
  5. Confirm your deposit amount

How to deposit on Betway with Shoprite & Checkers

South African retail giants Shoprite and Checkers are partners of Betway, and thus make their outlets available to Betway users to make their deposits at.

The next time you’re shopping at Shoprite or Checkers, you’ll be able to make a deposit into your Betway account.

Below is how its done:

How to Deposit on Betway with Shoprite & Checkers

100% up to R1000
as a Free Bet

  1. When at Shoprite or Checkers, Visit the money Market Counter
  2. Provide the employee with your Betway account number and the amount you’d like to deposit
  3. The employee will verify your account by asking your name and surname
  4. Once verified the agent will credit your Betway account with the amount that you give them.

How to Deposit on Betway with EFT

The final topic that needs to be covered is how to deposit on Betway with EFT. Known for their safety and reliability, EFT payments are one of the most trusted methods used to send money.

EFT payments are one of the most widely used transaction methods in our country.

We use EFTs for everything from paying a buddy for a meal, to paying our kids’ school fees. It truly is one of South Africa’s favourite methods to transfer cash.

When depositing with EFTs on Betway, you need to choose the bank that you bank with.

The options include:

  1. FNB
  2. Standard Bank
  3. Nedbank
  4. ABSA
  5. Other Banks

Capitec is not incuded on the list as they do not support betting transactions, so if you’re a Capitec user, we recommend using Ozow or SiD.

That aside, we have provided guides on how to EFT into your Betway account with each of the major banks that Betway accepts deposits from below:

How to deposit on Betway with FNB

  1. Sign into your FNB banking app
  2. Click on once of payments
  3. Choose Public Recipient
  4. Search Betway
  5. Enter your Betway Account number as recipient reference
  6. Complete Transaction

How to Deposit on Betway with Standard Bank

  1. Sign into your Standard Bank App
  2. Click on Pay
  3. Add New Beneficiary
  4. Click on “A Bank Approved Company”
  5. Search for Betway
  6. Enter your Betway account number as your reference
  7. You’ll be sent an OTP
  8. Enter the OTP in the space provided
  9. Betway will be added as a Beneficiary, Tap pay to make a deposit

How to deposit on Betway with Nedbank

  1. Sign in to your Nedbank App
  2. Tap Quick Pay
  3. Tap Single Payment
  4. Look for Bank Approved and search for Betway
  5. Once you've selected Betway tap pay to a Bank account
  6. Use your Betway account number as the recipient reference and complete the transaction

How to deposit on Betway with ABSA

  1. Log into your ABSA account
  2. Tap Pay
  3. Tap Pay New beneficiary
  4. Tap Pay a Bill
  5. Choose Betway from select institution and complete the two required fields
  6. Enter your Betway Account Number as your Bill Account Number
  7. Tap add next to add Betway as a Beneficiary
  8. Search for Betway under your beneficiaries
  9. Enter the amount you want to deposit
  10. Enter the reference number
  11. Complete the Transaction

Now that you know all that there is to know about depositing with Betway, its time to go ahead and make your deposit! Click on the button below to get Betway’s site! 👇

Sport bonus:

100% up to R1000
as a Free Bet

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