Betway deposit Guide

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Betway Deposit Guide


Welcome to our comprehensive Betway Deposit Guide. As an avid player in the dynamic world of online sports betting and gaming, understanding the intricacies of withdrawing your winnings is essential. 

Below is a step-by-step breakdown of the withdrawal process, ensuring a seamless experience and empowering you to effortlessly access your hard-earned funds.

Read our full Betway guide and review here.

Betway Deposits


Betway South Africa offers a range of popular deposit methods designed to facilitate seamless funding of punters’ betting accounts. 

These trusted and convenient options include:

  • Visa credit/debit card
  • Mastercard credit/debit card
  • American Express credit/debit card
  • Capitec credit/debit card
  • Betway Pay
  • EFT bank transfer
  • Quick EFT
  • Quick EFT
  • OTT Voucher
  • 1Voucher
  • Kazang Voucher
  • Blu Voucher
  • EasyLoad Voucher
  • MTM MoMo
Betway Deposit Methods

With this diverse selection of deposit methods, Betway ensures that users have a variety of secure and accessible options to choose from when funding their betting accounts. Whether you prefer traditional credit/debit cards, convenient digital payment solutions, or voucher-based transactions, Betway has you covered. 

These deposit methods are designed to cater to the specific preferences and needs of South African punters, making it easier than ever to get started and enjoy the thrilling world of online sports betting and gaming.

Card deposit

Here is how to make quick and hassle-free card deposits.

Quick EFT Deposits

To deposit funds using Quick EFT (SID or i-Pay), follow these steps:

  • Visit the Betway website and click on “My Account” located at the top right-hand corner of the homepage.
  • From the options provided, select “Quick EFT” as your preferred deposit method.
  • Enter the desired deposit amount you wish to add to your Betway account and click “Proceed”.
  • Choose your bank from the list of available options.
  • Log in to your bank account and follow the prompts to proceed with the payment.
  • Keep your mobile phone nearby, as you will receive a one-time pin (OTP) via SMS.
  • Enter the OTP received and click on the “Next” button.
  • A confirmation page will appear, displaying the details of your Betway deposit for verification.

Please ensure that you carefully follow these steps to successfully deposit funds into your account. Please note that terms and conditions may apply.

MTM MoMo

Here is how to make deposits via MTN MoMo: 

  • Install the MTN MoMo App and complete the sign-up process.
  • Log in to the MTN MoMo App and select “MoMo Pay” followed by “Pay & Buy.”
  • From the drop-down menu, choose “Lotto & Betting” and click on the Betway option.
  • Verify that the phone number linked to your MoMo App is also associated with your Betway account.
  • Confirm the desired deposit amount.
  • Proceed to confirm the payment.
  • You will receive a notification confirming the success of your payment.

Remember to follow these steps carefully to deposit funds via MTN Mobile Money.

Note: Terms and conditions may apply.

All Betway Desposit

Betway Maximum Deposit: The minimum deposit amount for Mastercard on Betway South Africa is R10, while for MTN it is ZAR 1. On the other hand, the maximum deposit limit is ZAR 5000 for OTT Vouchers and USSD, and ZAR 3500 for MTN.

Betway Deposit Time: For South African bettors, Betway offers various deposit methods, each with processing time. Online deposits on Betway are instant, ensuring immediate availability of funds. 

However, for bank deposits, the processing time may range from 1 to 3 days.

What are common deposit issues on Betway?


Similar to any operator, Betway may encounter certain issues during the deposit process. Let’s take a look at potential problems that users may face when making a deposit.

📶 Unstable Internet connection:

It is essential for customers to ensure a stable internet connection while making a deposit. Without a reliable connection, the deposit process may not be completed successfully.

ℹ️ Matching information:

Before initiating a deposit, customers must ensure that the information provided matches their account details and preferred payment options. Inaccurate or mismatched information can cause complications during the deposit process.

🔐 Account verification:

Prior to making a deposit, customers are required to verify their accounts. This verification process typically involves confirming the account via an email.

💵 Minimum deposit requirement:

To successfully request a deposit, it is necessary to meet the minimum deposit amount of ZAR 1, as mentioned earlier in this article, particularly when using MTN as the payment method.

By being aware of these potential deposit issues and taking the necessary precautions, users can ensure a smooth and hassle-free deposit experience on Betway.

Frequently Asked Questions


How long does it take to withdraw my winnings? 

The processing time for Betway withdrawals typically takes up to 72 hours, with potential variations during weekends. There are no extra charges associated with the withdrawal options provided. However, it’s important to note that certain payment providers may impose minimum fees for their services. Prior to initiating a withdrawal, we recommend reviewing the policy of your chosen payment provider to ensure compliance.

Can I Withdraw Cash?

You can withdraw your money via cash. It is one of the betting sites that pay via vouchers and ATMs. You can make a cash withdrawal at the nearest ATM with ABSA, Nedbank, and Standard Bank even without having a bank account. Read more on Withdrawals here

Are Betway deposit transactions secure?

Yes, Betway employs industry-standard security measures to ensure the safety and confidentiality of your deposit transactions. They use encryption technology to protect your personal and financial information.

Can I use different deposit methods for my account?

Yes, Betway allows you to use different deposit methods for your account. You can choose the payment option that suits you best for each deposit transaction.

Is there a minimum deposit amount?

Yes, there is a minimum deposit requirement. The specific amount may vary depending on the chosen deposit method. It’s important to check the terms and conditions on the website for the minimum deposit amount for each payment option.

Are there any fees associated with depositing?

There is no (zero) charge any additional fees for depositing funds into your account. However, it’s important to check with your payment provider as they may have their own fees or charges.

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Vincent Titus

SEO content writer for Betting, Casino, Football news.
A driven and ambitious individual with years of work experience in Digital Marketing & Website Management.