LulaBet

LulaBet Review 

LulaBet is the latest entrant in the South African betting industry, having entered the scene in 2022. South Africa, as an iGaming hub continues to attract betting companies every day. According to the National Gambling Board (NGB), South Africa collected R34 billion in gross gambling revenue (GGR) in FY2021/22. With these figures, LulaBet saw this as an opportunity to make its presence felt and has made a statement already, despite the market having other renowned and dominant players.

The LulaBet Story-Who is LulaBet?

LulaBet is owned and operated by Lulalounge (Pty) Ltd, a reputable gaming company based in Cape Town, South Africa. In 2020, LulaBet contracted Amelco a sports betting platform provider as their technology partner. They both approached Gaming Laboratories International LLC (GLI) as their lab of choice to carry out end-to-end platform certification for the South African market.

The three partners worked tirelessly to understand the South African betting market, they prioritized the needs of the punters while at the same time looking to operate within the confines of the gambling laws in South Africa. The tireless efforts saw the birth of LulaBet in 2022. The Company’s, managing director is Ian Gutteridge. Lula Bets (Pty) Ltd Trading as LulaBet is licensed and regulated by the Western Cape Gambling and Racing Board under Registration Number 2018/557108/07.

LulaBet’s Sportsbook

When you decide to stake your money, you should have as many choices as you want. It is very common in South Africa that we may be forced to pick and bet not what we want but what is there. LulaBet understood this frustration and produced one of the most expansive sportsbooks. In LulaBet, you can choose among the following:

• Soccer 
• Cricket
• Basketball
• Tennis
• Ice hockey
• Horse racing
• Rugby
• Volleyball
• Table tennis
• American football
• Badminton
• Baseball
• Darts
• Futsal
• Golf
• Handball
• Martial arts
• UFC

The bookie is ready to spoil its punters with choices. Additionally, the number of markets that are available on each sport are something worth a mention. LulaBet has a very detailed sports section, offering impressive variety and combinations in its markets.

Types of betting available on LulaBet 

There are three main types of betting available on LulaBet, which include Pre-match betting, outright betting, and in-play betting. Understanding these types of betting is key to going for the best markets for you to win. 

• Pre-match betting

Pre-match betting is the most popular type of bet that South Africans go for. They may not be indicated on the betting site; however, they are those bets made available a few days, hours, or minutes before the beginning of a match, tournament or contest. This betting type is applicable to all sports because there are players who prefer to analyse games and place bets before they begin. 

• Outright betting

Outright betting involves betting on a tournament that is yet to begin. You bet on different outcomes such as the tournament winner, the top scorer or the team that would qualify for the next round. You can visit LulaBet’s website and see the tournaments that are yet to begin and use outright betting to predict their outcome. Their odds are normally high, which helps you make more money.  

• In-play betting

In-play betting is also known as live betting whereby you engage with sporting events after they have begun. The odds normally fluctuate depending on the scoreline and nature of the teams involves in the games. As time progresses, the odds increase on the side of the team that is disadvantaged. This option is normally found on the home page, to ease your betting activity. 

Depth of Betting Markets

The question here many players want to know is how far LulaBet’s betting markets go on the aforementioned and explained types of betting where you can get the betting markets. LulaBet has one of the most exhaustive markets in South Africa. For instance, in a single football match, they do offer punters many options that they can play. Here is a closer look at betting markets in specific popular sports in South Africa;

Soccer 

Soccer is the most popular sport in the country, meaning that most South Africans go for this sport as their favorite betting option. You can also access and bet on the best leagues worldwide. There are multiple games from the South African Premier League, The English Premier League, the Spanish La Liga, the UEFA Champions League, the Europa League, the Bundesliga and others. The following are some of the popular betting markets you will find in football:

• Match result: this option is normally labeled 1X2 where 1 represents a home team wins at full time, X represents a draw at full time and 2 represents an away win at full time. 
• Total goals (Over/Under): Under this option, you predict whether the number of goals would exceed or be lower than a specific estimation. For instance, Under 2.5 would mean the match must end with less than 3 goals for you to win the bet, whereas Over 2.5 would mean that the number of goals scored in the match should exceed 2 goals for you to win the bet.
• Total goals (Odd/Even): this option would suggest that the total number of goals scored would either be an even or odd number. 
• Correct Score: under this option, players predict the final score at full time. 
• Double Chance: players are given the opportunity to increase their chances of predicting correctly by combining two possible match results as the final outcome. For instance, X2 would mean that the match would result in a draw or win for the away side, whereas 1X means that the home team may win or draw. On the other hand, 12 means that the match would end in victory for the how or away team respectively. 
• Haft time/Full time: under this bet, players predict the outcome by combining the half-time and full-time results. For instance, a player can predict that a game may end in a draw at half-time and a win for the away team at full time, or a win for the home side at half time, and a win at full time for the away side. The first half and full-time results determine the outcome of the bet. 

Rugby 

Rugby is another popular sport, meaning that many players in South Africa bet on the games available on the betting site. The available games are from the Rugby Union and the Rugby League. Here are some of the popular markets in the Rugby section: 

• Match winner: this is the most popular option for South African bettors. It involves predicting and betting on the final result of the match. The result may be 1, which is a win for the home side, X, a draw or 2, a win for the away side. 
• Spread: This is another betting option where you predict the outcomes that are either overestimated or underestimated by the bookmakers. 
• Draw No Bet: This option involves identifying an outcome of the match, however, when the match ends in a draw, you will get your stake back. 

Cricket 

In cricket, you get the chance to bet on some of the major tournaments around the world. The tournaments include Twenty20 Internationals, the India Premier League, and ICC Cricket World Cup Super League. Here are some of the popular markets from LulaBet: 

• Match winner: there are no draws in cricket, therefore, the bets for match winner are labeled by 1 and 2. Whereby 1 represents the home side winning and 2 represents the away side winning. 
• Highest opening partnership: this option involves placing a bet on which team will have the highest number of runs before the first wicket is taken. 
• Top bowler: this bet involves predicting which player will take the most wickets in a particular inning of a match. 

Basketball 

Basketball is watched around the world, including in South Africa. What is even better is that LulaBet has ensured that you can add to the excitement of the games by betting on the best tournaments and leagues from across the globe. These tournaments include the NBA and other popular leagues from South America and Europe. The choices are limitless. The following are the main markets for basketball: 

• Money line: this is a betting option where you choose the winner at full-time. There are no draws in basketball as well, therefore, you may predict the home side or away side as the winner. 
• Point Spread: this market is used as a margin to handicap the favorite team. Therefore, the player predicts that the favored team will win by a certain number of points. 
• Total points (Over/Under): just like soccer betting, players can predict the number of points that a team would score at the end of the game. The number of points may be over the estimate provided or under the estimate provided. 
• Total Point (Odd/Even): you predict whether the final total points added from both teams is odd or even. 
• First quarter money line: here, you predict the winner at the end of the first quarter. 
• First half money line: there are two halves in basketball, with each half having two quarters, therefore, this bet involves predicting the result of the first two quarters, whether it is a win for the home or away side. 

Tennis 

You can also earn money by predicting and betting on tennis games, including the UTR San Antonio Women, WTA Miami, ATP Miami and other multiple tournaments across Europe and other regions. You are free to choose the tournaments of your choice where you can use your expertise to bet and win. The following markets will introduce you to tennis betting: 

• Money line: tennis normally has one result, and that is a win. Therefore, under this option, you bet on the player that is likely to win the contest.
• Set Betting: under set betting, you bet on the preferred outcome at the end of a set. The winner of every set will determine whether you win the bet or not. 
• Total games (Over/Under): In tennis, a total games bet is a bet where bettors can predict whether a tennis match will go over or under a certain number of games played.
• Correct score: the correct score in tennis is determined by predicting the outcome of games by the players. This bet involves a player deciding the exact score of the result of the match. A player can bet on if Williams will win the match six (6) games to two (2) games, six (6) games to one (1) game, etc.

Golf 

The golf sport is also not left behind, with LulaBet having the best markets from the best tournaments around the world for you to explore, bet and win. Some of the tournaments include the Masters Tournament, DIO Implant LA Open, and the Valero Texas Open. The following markets are available for bettors who like golf: 

• Winner: in golf you only predict the winner, and that explains why the odds are high. 

MMA 

There are various MMA tournaments you can access and bet on, and these tournaments include the Ultimate Fighting Championship, popularly known as the UFC, the Bellator MMA, the Professional Fighter’s League and other global championships. In MMA, the main market is predicting the fight’s result. 

Motor sports 

There are various motor sports tournaments, including Formula One, and the Motor Grand Prix World Championship. The only betting market is the Fastest Lap, which involves you identifying the racer that will record the fastest lap across the competition or the tournament. 

American Football

American football is a popular sport in North America, where you can bet on the main tournament which is the NFL. The following are the popular markets in the sport: 

• Money line: as usual, you get to predict the winner of the math because there are no draws in American football. 
• Spread: this market is used as a margin to handicap the favourite team. Therefore, the player predicts that the favoured team will win by a certain number of points.

The Virtual sports On Lulabet 

Under the virtual sports section, there are casino games where you take your chances to wager and win big prizes. The casino games available include Lucky Numbers, 

• Lucky Numbers

In this game, you start wagering by selecting your lucky numbers and clicking the bet button. You choose numbers from the extensive list of international lucky numbers draws. After selecting the lucky numbers, you will be offered various market types for your preferred game. 

• Roulette 

This is a popular casino game whereby people play roulette live but virtually using their electronic devices such as mobile phones and computers. You spin the ball, which then decides whether you won ton the live casino game or not.

• Game shows 

Game shows are usually games with a wheel-of-fortune with the number of segments, and bonus rounds that can be triggered if you bet on that segment and the wheel stops there. They include Dream Catcher, Mega Ball, Deal or No Deal, Crazy Time and Football Studio. 

• Blackjack 

It is an associating card game with one or extra players and a dealer, where each player in turn contests against the dealer but not against each other. Blackjack is played with individual or extra decks of fifty-two cards, and it is the most broadly played casino banking game worldwide. The blackjack games provided include Lightning Blackjack, Power Blackjack, Infinite Blackjack, Speed Blackjack and Blackjack Silver. 

• Baccarat 

Baccarat is an online casino guessing game that involves betting which hand out of two that are dealt (the Banker's hand and the Player's hand) will win the game. A winning hand has the highest points out of a possible 9 points. The Baccarat games provided include Sic Bo, Bac Bo, Golden Wealth Baccarat, Peek Baccarat and Baccarat Live. 

How to join LulaBet 

Joining LulaBet is a simple procedure as shown below: 

1. Visit the company’s website on your preferred browser
2. On the home page, locate the “Sign Up” button and click on it. 
3. A form will be provided where you will set your username, and password. You will have to re-enter your password to ensure that you do not forget it. The password should be strong enough to guarantee account security. 
4. You will then enter your email, where you will receive notifications from LulaBet to finalize your registration process. 
5. After entering your details, you will be required to verify your account before being able to place a bet.

How to verify your LulaBet account

Remember, you cannot be able to place bets on your account unless you have verified your account, therefore, this simple procedure will guide you on how to verify your account: 

1. Log in to your LulaBet account. 
2. Identify the verification section and click on it. 
3. Start uploading the FICA documentation, which includes a copy of your ID, proof of residence, and a copy of your passport. 
4. The support team will confirm your verification and then you will be free to deposit money and bet.
5. Alternatively, you can upload your details through their email after contacting support. 

How to deposit money on LulaBet 

After verifying your account, you are now able to conveniently place bets. However, this can only be done by depositing money to your account by following these steps: 

1. Visit LulaBet’s website and log in to your account. 
2. Select “Deposit” and click on it. 
3. Choose your preferred depositing option, which may include Credit or Debit Cards, Electronic Funds Transfer (EFT), Payment Vouchers, and 3rd Party e-wallet methods such as Zapper. 
4. Enter the amount of money you wish to deposit and complete the transaction by following the prompts provided to you. 

How to withdraw money on LulaBet 

We all love that big payday after our bets have gone through, but how do we withdraw the money after winning? The following process will familiarize you with how to withdraw the funds won: 

1. Visit the website and log in to your account. 
2. Go to the “Withdrawal” option. 
3. Key in the amount of money you wish to withdraw. Remember, the highest amount of money you can withdraw per day is R250 000. 
4. The money will be channeled to your preferred bank account. 

LulaBet Mobile App Option

Currently, LulaBet does not have a mobile app application. Therefore, your services are solely delivered through the desktop or mobile website versions. Nonetheless, the experiences are still convenient, and with a friendly user interface, your betting experience should be a walk in the park. Nonetheless, the mobile version is more user-friendly, with features aligned at the home page for you to easily identify the games you can bet. 

LulaBet Promotions 

LulaBet has various promotions applicable to Casino Registration, and Sports Registration. The bonuses may rise to as high as R5000 provided the terms and conditions are met by bettors. The free bet must also be turned over once at minimum single bet odds of at least 1.7 before you become eligible to withdraw.

The bonuses are awarded based on the amount of money you deposited to your account. Ensure that you visit their social media pages often so that you can be updated on the running and upcoming promotions, offers and bonuses.