Written by:
Damjan Jugovic Spajic
Fact checked by:
Alex Windsor
Updated:
December 18, 2023

Top EasyEFT Betting Sites in South Africa

EasyEFT Betting Sites in South Africa

Embark on a seamless journey into the world of online betting with EasyEFT, a hassle-free electronic funds transfer solution tailored exclusively to South Africa.

This comprehensive guide unravels the intricacies of EasyEFT, shedding light on its functionality, acceptance across prominent betting sites, and the practical steps for both depositing and withdrawing funds. Delve into our curated selection of top-notch betting platforms, including Betway, Hollywoodbets, YesPlay, and World Sport Betting, where the integration of EasyEFT promises speedy transactions, fee-free advantages, and a secure environment.

How EasyEFT Online Betting Works in South Africa

EasyEFT, short for Easy Electronic Funds Transfer, is exclusively available in South Africa and serves as an online payment solution that establishes a connection between your bank account and a designated point of sale, such as an online gambling site. Unlike e-wallets or credit cards, EasyEFT doesn’t function as a fund-holding tool, instead, it acts as a direct link between your South African bank account and betting sites. Not requiring prior setup or registration, EasyEFT simplifies your transactions without the need for an intermediary wallet.

Online Bookies Accepting EasyEFT

Explore the leading South African online betting platforms that embrace EasyEFT, celebrated for their effortless deposits. These top choices not only ensure seamless transactions but also boast expansive sports betting markets and competitive odds, making them standout options for an enjoyable and rewarding betting experience.

  1. 🥇Betway South Africa
  2. 🥈Hollywoodbets
  3. 🥉World Sport Betting

🥇Betway South Africa

Betway South Africa stands as an excellent choice for both novice and seasoned punters. From competitive sports betting markets to esports, casino games, and slots, it covers all your gaming preferences. The abundance of banking options, coupled with swift deposit and withdrawal times, further solidifies its appeal.

The user-friendly interface is an overall enjoyable experience, especially on mobile. While the odds could be slightly more favourable, Betway compensates with features like win boosts, cash-out options, and several other exciting features.

Betway South Africa offers a user-friendly experience, allowing deposits as low as R10 via EasyEFT, with reasonable withdrawal limits set at R50. Enjoy the convenience of instant deposits, and withdrawals that take no longer than two days.

✅Pros

❌Cons

🥈Hollywoodbets

Hollywoodbets, established in 2000 and licensed by the Gauteng Gambling Board, offers a rich array of sporting events that include, cricket, rugby, tennis, soccer and even horse racing. The site also features popular bet games, scratch cards, Jika sports, and a vast collection of casino and virtual games from leading global developers. With convenient deposit options and a user-friendly website, Hollywoodbets ensures hassle-free transactions and navigation. With over six branches in South Africa and partnerships with major brands like La Liga and The Sparks, Hollywoodbets is committed to serving its customers effectively.

Sign up with Hollywoodbets today. Deposit anywhere from R5 up to R5,000 via EasyEFT, and bet as little as R1 per game.

✅Pros

❌Cons

🥉World Sport Betting

Get started with World Sport Betting by simply depositing as little as R10 and claim the impressive R10,000 deposit match, one of South Africa’s largest bonuses. While the site may seem somewhat dated, WSB compensates with a stellar experience, consistently offering enticing promotions, specials, and some of the best markets available.

✅Pros

❌Cons

Why We Selected These EasyEFT Betting Sites

Ensuring a comprehensive assessment of betting sites, security holds an important role, if not the most, in our evaluations. We favour platforms with robust security measures, safeguarding your data against potential misuse by third parties. This commitment creates a safe and secure online environment for your gaming activities.

Moving on to reputation, we rely on our experience and player reviews to gauge others’ experiences before recommending a platform. By doing so, we present betting sites with positive reputations and no history of scamming players, ensuring your peace of mind.

Credibility is another critical factor, and we scrutinize licenses held by South African online casinos and betting sites, focusing on well-known regulators like the Mpumalanga Gaming Board or the Western Cape Gambling and Racing Board.

Having covered licensing and security, our attention shifts to the usability of betting sites. Reliability of payment methods takes precedence in online gaming. Our assessments thoroughly examine available payment options, considering processing times and the ease of withdrawal. Our goal is to ensure your gaming experience is not only enjoyable but also straightforward when managing your finances. Of course, this guide only considered top sites that accept EasyEFT payments, among other options.

For our sports enthusiasts, we continuously seek betting sites offering an extensive range of markets, especially focusing on South African favourites like soccer, rugby, cricket, and tennis.

Additionally, up-to-scratch customer support is a priority, with a crucial consideration being the availability of a 24/7 live chat feature — a vital feature when evaluating online casinos and betting sites in South Africa.

Finally, we believe no betting site is complete without an enticing SA sign-up bonus. We ensure that recommended EasyEFT betting sites welcome new players with generous bonuses, allowing you to begin your betting journey on a positive note.

How to Deposit with EasyEFT at Online Betting Sites

Let’s start by addressing the setup of your EasyEFT account before we dive into the step-by-step process of depositing funds into your online betting account.

EasyEFT Minimum and Maximum Deposit Limits

When initiating a deposit with EasyEFT, the minimum required amount is R10, and there are no constraints on the frequency of deposits you can make. However, it’s crucial to note that certain online betting platforms may impose specific limits, ranging between R10 and R150. To obtain precise and up-to-date information regarding deposit and withdrawal limits, we recommend referring to the terms and conditions of your chosen online betting platform

How to Withdraw From EasyEFT Betting Sites

Similarly to depositing funds via EasyEFT, making withdrawals from online betting sites is a straightforward process.

There is no need for virtual wallets or opening separate accounts. Once logged into your online betting account, navigate to either the Cashier or Withdrawal page, where you will find the option to withdraw funds. Click on the “Withdraw” button and proceed to enter the specific amount you wish to withdraw. From the list provided, select your South African bank account as the destination for the withdrawal. Complete the process by inputting the required details of your bank account.

If you’re using online gambling sites that allow EasyEFT deposits but not withdrawals, you’ll need to choose an alternative withdrawal method. You can usually request the funds to be returned to your bank account or opt for an e-wallet registration.

Withdrawal Processing Times

While EasyEFT is generally a favourable payment method for online bookies, it’s worth noting that withdrawals might take longer compared to e-wallets or cryptocurrency gateways, with a processing time of up to 72 hours. Nevertheless, EasyEFT withdrawals tend to be quicker than standard EFT withdrawals, reflecting in your bank account more promptly.

Fees and Charges when Betting with EasyEFT

Players can delight in the fact that there are no fees when depositing and withdrawing funds using EasyEFT. However, some South African banks might levy a modest processing fee. To obtain precise information on this matter, it’s advisable to consult with your bank directly for the exact details regarding any potential fees associated with the transactions.

Additionally, to steer clear of any potential conversion fees and enhance your overall betting experience, we highly recommend opting for betting sites that readily embrace and facilitate transactions in the South African Rand.

Tips for Managing Your Bankroll at EasyEFT Betting Sites

Pros and Cons of Using EasyEFT for Online Betting

✅Pros❌Cons
Speedy TransactionsLimited acceptance by betting platforms
Fee-Free TransactionsLimited withdrawal options
SecuritySolely in South African Rand
No Credit Card Required
Banking Giants Collaboration
Simplified Process

Alternatives for Betting in South Africa

EasyEFT is a secure choice among online betting payment methods for South African players. Yet, acknowledging that it may not suit everyone, our experts present three outstanding alternatives:

Bitcoin: Prioritizing anonymity? Bitcoin has emerged as an unparalleled online betting payment method. While EasyEFT necessitates sharing your bank details, Bitcoin transactions swiftly occur through a provided wallet address. Worried about currency compatibility? Fear not. Many online betting sites process transactions in BTC, offering the flexibility to convert balances to South African Rand.

Neteller: Craving rapid withdrawals? Neteller, a leading global e-wallet, may be your ideal choice. Widely available in South African online bookies, Neteller ensures speedy winnings, with most top-rated platforms delivering within 24 hours. Notably, fees are absent unless you transfer funds from your Neteller wallet to your bank.

Skrill: Skrill stands out as an excellent option for South African players, as it readily accepts the South African Rand as a currency. This eliminates any concerns about currency conversion fees, offering a seamless experience. While Skrill imposes minor fees, typically ranging from 1% to 2% of the transaction amount for deposits and withdrawals, its widespread use in the betting industry is well-known among seasoned players.

Renowned for its security and convenience, Skrill is a prevalent payment method, ensuring swift sportsbook withdrawals. Payouts are typically processed within 24 hours of the request, contributing to its popularity. Skrill is universally available at online bookies catering to South African players, which cannot be said for EasyEFT.

FAQs

  • Are there any fees for betting with EasyEFT?
    Although EasyEFT payments to online betting sites typically don't incur fees, it's important to note that your bank may charge you for withdrawals. Additionally, be mindful that your local tax authorities have the right to request information about your betting activity.
  • Is EasyEFT legit?
    Yes, licensed online bookies that facilitate EasyEFT transactions exhibit the same level of reliability as their counterparts that don't support this payment method. It's crucial to only deposit funds into betting sites that hold licenses from reputable gambling authorities or boast stellar reputations. Rest assured, the sites we recommend meet these criteria, ensuring both licensing and reliability in your online gaming experience.
  • Can I get a bonus at EasyEFT bookies?
    Absolutely. EasyEFT stands out as a payment method that is seldom excluded from bonus eligibility and promotional offers. Unlike certain e-wallets restricted by some bookmakers, EasyEFT generally remains accessible for claiming bonuses. When securing a deposit bonus at an EasyEFT bookie, ensure your deposit meets or exceeds the minimum required amount to qualify for the bonus. However, if you're claiming a no-deposit bonus, there's no necessity to deposit before the bonus is credited to your betting account.
AUTHOR
Damjan Jugovic Spajic

A soccer and eSports fan who always roots for the worst possible teams, Damjan is a resident writer and contributor at Minimum Deposit Betting Sites. With over 5 years of experience in the online casino and sports betting industry, he largely focuses on writing reviews and testing out bookmaker transaction processes.