Betfred Welcome Bonus Explained for South Africa (2024)
Betfred offers South African users a 100% first-time deposit bonus up to R5,000 and up to 500 free spins, requiring only a minimum deposit of R100 and account registration.
Are you interested in learning more about Betfred's welcome bonus for South African players? Read our expert guide created by BettingGuide's former casino staff and make the most of Betfred's sign-up offer today!
How to Claim the Betfred Welcome Bonus for South Africa
If you sign up for Betfred in South Africa, you will be eligible for their South African-exclusive welcome offer. All you have to do is to register an account and make a first deposit, and you don't need to have a promo code to receive the bonus.
To claim the bonus, follow these steps:
- Create an account
- Make your first deposit of R100 at a minimum
- The deposit bonus will be credited to your account within 2 hours
- The free spins will be allocated on Sweet Bonanza by 11 AM the following day
Betfred South Africa Welcome Bonus Package (December, 2024)
Betfred's welcome bonus gives you a 100% match bonus of up to R5,000 + up to 500 free spins on Sweet Bonanza, depending on the first-time deposit amount. By and large, the wagering requirement is 4 times the bonus, and you need to wager on prematch, horseracing, and/or lucky numbers. Only single bets are allowed.
Our casino expert believes Betfred is one of the best betting sites with welcome bonuses in South Africa, considering how uncomplicated the bonus offer is. Needless to say, the offer is also available on the Betfred mobile app for Android as long as you sign up for Betfred South Africa.
100% Deposit Match Bonus
The deposit bonus gives you 100% of your first-time deposit. For example, if you deposit 100 ZAR, you will receive 100 ZAR in your cash wallet and 100 ZAR in your bonus wallet. As the bonus is capped at 5,000 ZAR, you will get 5,000 ZAR at maximum in bonus even if you deposit more than 5000 ZAR in real cash.
The wagering requirement is only 4 times the bonus funds. For instance,a 100 ZAR bonus requires a 400 ZAR wager. This is relatively low and quite favourable to users.
The bonus can be used on prematch, horseracing and lucky numbers, but you cannot do no place bets, also known as "place only bets", on horseracing.
Note that the bonus will get credited to your account within 2 hours of your first deposit.
Free Spins of Up to 500 Spins
In addition to the deposit bonus, Betfred's sign-up bonus package gives different sets of free spins on Sweet Bonanza, depending on how much you deposit for the first time. See below for the details:
- Deposit R100 to R249 - receive 50 Free Spins
- Deposit R250 to R999 - receive 100 Free Spins
- Deposit R1,000 to R2,499 - receive 200 Free Spins
- Deposit R2,500 to R4,999 - receive 350 Free Spins
- Deposit R5,000 or more - receive 500 Free Spins
The spins will be available on the game by 11 AM the day after your qualifying deposit. The winnings you earned from these free spins are considered bonus money, meaning you will need to wager them 4 times to transfer them to your withdrawable cash balance.
Betfred SA Deposit Methods to Claim Welcome Bonus
Betfred allows deposits in ZAR through various local payment methods, such as OTT Vouchers and Ozow. The minimum deposit ranges from 1 ZAR to 20 ZAR, but remember to deposit 100 ZAR or more to receive the welcome bonus.
| Payment method | Min limit | Max limit | Exchange fee | Proccessing time |
|---|---|---|---|---|
 VISA | R20 | R5,000 | No fees | Instant |
 Mastercard | R20 | R5,000 | No fees | Instant |
 OTT Voucher | R10 | R1,000 | No fees | Instant |
Ozow | R10 | R1,000 | No fees | Instant |
1Voucher | R1 | R1,000 | No fees | Instant |
EFT | R10 | R1,000 | No fees | Instant |
Betfred Welcome Bonus Wagering Requirement Breakdown
There is a 4-time wagering requirement to withdraw the Betfred welcome bonus in South Africa. For those who are not familiar with the term, the wagering requirement, also known as "turnover requirement", determines the amount of the bonus you must wager in order to convert it into your withdrawable cash.
You Need to Wager Four Times Your Bonus
Betfred's welcome bonus requires you to play four times the bonus you receive. This applies to:
- The deposit bonus you receive
- The winnings you get from the free spins
How to Withdraw Your Betfred SA Deposit Bonus
To withdraw your bonus from the deposit bonus, you need to wager your initial bonus amount four times. For example, if you deposit R100, you receive R100 in your real money and bonus balance each.
- Real Money wallet: 100 ZAR
- Bonus wallet: 100 ZAR
In this case, the bonus wagering requirement is R400 (4x bonus). You will first bet with your real money. Once you run out of the balance, you will start betting with your bonus money. Only the bets played with the bonus money contribute to the requirement.
Once you have completed the turnover requirement, the remaining bonus balance from your deposit bonus will transfer to your real money balance, which you can withdraw as soon as it becomes available.
How to Withdraw Your Winnings from Free Spins
If you get any winnings from the free spin bonus, they are considered bonus money. In a similar fashion, you need to wager this four times. For instance, if you win R10, you will have to wager R40 using the bonus in question. Once you have turned over it, the balance moves to your withdrawable balance.
Betfred SA Sign-up Bonus Simulations
Here, we simulated five patterns of the welcome bonus for various deposit brackets. The turnover requirement only considers the deposit bonus in this table, but it will also apply to the winnings from the free spins separately.
| Deposit Amount | Deposit Bonus | Turnover Req (4x) | Free Spins |
|---|---|---|---|
| 100 ZAR | 100 ZAR | 400 ZAR | 50 spins |
| 300 ZAR | 300 ZAR | 1,200 ZAR | 100 Spins |
| 1,000 ZAR | 1,000 ZAR | 4,000 ZAR | 200 Spins |
| 3,000 ZAR | 3,000 ZAR | 12,000 ZAR | 350 Spins |
| 6,000 ZAR | 5,000 ZAR* | 20,000 ZAR | 500 Spins |
The deposit bonus is capped at R5000, meaning you won't get more than R5000, even if your deposit exceeds that amount.
Betfred Welcome Bonus Key Conditions
Bonus funds can only be used on prematch, horseracing and lucky numbers. Notably, you cannot use the bonus on casino games, single-number or bonus/powerball lucky numbers bets, and no place bets on horseracing are prohibited.
Betfred Welcome Bonus Dos and Don'ts
Although Betfred's welcome bonus for South African players is fairly easy to understand, it might appear confusing to some players. To clarify, we have further broken down what you should and shouldn't do when using the welcome bonus on the betting site.
Dos:
Make the most of your welcome bonus
Use your bonus quickly
Have fun with your bonus
Make the Most of Your Welcome Bonus
The welcome bonus tends to be the most attractive and lenient bonus that betting sites offer in general because they need to attract new users in an already competitive market. So, this is a good one to take advantage of.
Within your budget and the bonus's maximum limit, you can choose to maximise the welcome bonus offer. As Betfred's offer gives you a maximum of R5,000 and 500 free spins, it is, of course, advantageous to make the most of the bonus.
Use Your Bonus Quickly
Make sure you are aware of when the bonus and free spins expire. Welcome bonuses always come with a deadline for use. Betfred's bonus funds must be used within 7 days of being credited to your account, and the free spins expire within 48 hours if not used.
Have Fun with Your Bonus
The bonus is extra money you can use after wagering your real money balance. Technically speaking, it is not your money but that of the betting site. You can, of course, continue to bet as you normally would, but it can also be fun to branch out your betting within what is allowed in the bonus terms and conditions.
Don'ts:
Don't create multiple accounts
Don't bet on what is not allowed
Don't abuse the system
Stick to One Account
As a rule of thumb, you should not create more than one account with Betfred South Africa. Having multiple accounts not only disqualifies you from the welcome bonus but can also lead to account closure and a permanent ban from the site.
You can contact customer support and ask for help if you are in doubt before registering an account.
Bet Within the Rules
Remember to only bet on what is allowed by the bonus terms and conditions. Betting sites tend to check your gameplay upon your withdrawal requests. If it turns out you have bet on something that was not permitted, your winnings from the bonus will likely be void.
Avoid Exploiting the Bonus System
Even if you find some sort of glitch in the betting site's system, we highly recommend not taking advantage of it. If they find out you did, your winnings from the bonus would be confiscated and you could face a potential account ban. If you see anything that seems out of the ordinary, contact the betting site and let them know. Who knows, they might give you something in return for your feedback.
Verdict on Betfred Welcome Bonus for South Africa
| Bonus | 10 |
|---|---|
| Customer support | 7 |
| Payment methods | 8 |
| Licensing safety | 9 |
| Design & usability | 8 |
| Overall | 9 |
Provided our Betfred review for South Africa, I would like to give ⭐4/5 to their welcome bonus, chiefly because of its low wagering requirement and relatively easy-to-understand conditions.
It is also a non-sticky bonus whose wagering requirement only applies to the bonus funds, with the flexibility to withdraw the cash balance even if you have not fulfilled it.
The fact that the bonus cannot be used on casino games and that the betting options allowed are limited are certainly drawbacks, but they are not a deal breaker when signing up for betting sites like Betfred, which holds regular promotions to reward casino game players.
Betfred Sign-up Bonus Quick Information
| Min. Deposit | R100 |
|---|---|
| Max. Amount | R5000 |
| Turnover | 4x |
| Expiration | 7 days |
FAQs
Can I use Betfred's welcome bonus on Aviator?
How can I withdraw the Betfred's welcome bonus?
Do I need to input a Betfred promo code to receive the welcome bonus?
Does Betfred South Africa offer a no-deposit signup bonus?
Compare Betfred Welcome Bonus with Other Betting Sites
- Turnover4x
- Min. DepositR100
- Expiration7 days
- Turnover3x
- Min. DepositR1.00
- Expiration30 Days
- Turnover5x
- Min. DepositNot specified
- Expiration15 days
Other Betfred Guides for South Africa
Yusaku is an editor and fact-checker at BettingGuide. He has worked for a few online casino operators in customer support, management and marketing roles since 2020. His few years of hands-on experience in casino operation and expertise in the iGaming industry help see through the qualities of online gambling sites and create honest reviews. If you have any questions about online gambling, please feel free to contact him.