There are nine provinces each with their own gambling and racing board. These are the equivalent of gambling commissions. In order to offer online betting bookies must be licensed by one of these boards. As a punter living in South Africa, you can use any licensed bookie legally regardless of which province they are licensed by. As of , no additional tax is charged to recreational bettors, and there is no need to include gambling winnings on income tax returns.
There are many South African licensed bookies. A list of some of them we assembled in March is as follows. Sites licensed in South Africa tend to understand what local punters are looking for, and provide more personable support. Most have betting odds on all the popular bet leagues. One thing that is confusing is often even sites licensed by the same gambling commission use different odds formats. Between the two sites there is confusion regarding odds formats. Traditional South African bookies, such as Sportsbet, use a decimal odds format rest of the world refers to as Hong Kong Odds.
Take for example a Currie Cup match with the following odds:. At corporate bookies, such as Sportingbet, decimal odds also include the stake. Here the same odds would be listed as:. Of this, R was your stake and your winnings are the same R I deposited funds online into my account at am this morning; phoned THREE times to enquire why the money had not been deposited into my account.
Currently 14h39, still no money in my account, no explanation, no apology The only reason they can exist is that they cater to a captive audience of gamblers. No other gambling site treats their clients with such arrogance. Why have an account with them? Ignorance doesn't kill you, but it makes you sweat a lot. Phumelela is a 'profit' organizaton Open a Tabgold account.
Takes a day to process online payments but they are pretty efficient with everything else. Gold Circle country will gladly take your money and remember they are a stakeholder company as opposed to a share holder company and their interests therefore lie with stakeholdes in racing and not shareholder profits as Michell Nirac eluded to in his interview. Thanks to all for you suggestions; I have now e-mailed and called them again Guest Visitor. Yeldah- I agree with Alcaponee. No jammed lines.
May you have have a profitable , and may ABC grow from strength to strength. Happy Punting. Yeldah, if they do respond to your email, take a valium. I have, as of now, 6 unanswered emails sent to Customer Care.
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