History of Sports Betting in South Africa

The laws and regulations concerning online sports betting and gambling in South Africa have changed over the past few years. In 2004, the National Gambling Act (National Gambling Board) was passed which protected players using online casinos from rogue sites and to help control gambling addictions and problems. However, in 2010 a South African High Court ruling imposed significant restrictions on online gambling in South Africa. During the year of 2011, online gambling once more became accessible in South Africa. The country has always had a reputation of being a responsible gaming jurisdiction and this reputation is only maintained with the new regulations. These changes have resulted in South African gamblers having a huge choice of selection in online casinos. The current act that is in place is the National Gambling Amendment Act of 2008. Each province also has its own regulatory board for racing and sports betting. All South Africa betting sites are required to obtain a license from their relevant regulation board, and depending on the province, punters may or may not have to pay taxes on their winnings.

The popularity of online gaming in South Africa is ever-growing and therefore software providers for online gaming websites have grown substantially in numbers. Some of the best software providers include Playtech, Real Time Gaming, Net Entertainment, OnGame, Random Logic, Every Matrix, Evolution Gaming, Rival Gaming and many more. Since online sports betting is legal and regulated, South Africans have more than 400 betting shops and 300 sportsbooks to choose from. South Africans enjoy placing bets on almost any sport, although the most favoured teams to bet on are local teams such as Bafana Bafana and the Springboks. Other popular sporting events favoured by South African punters are the Currie Cup, Super Rugby and the ABSA Premiership. American football events such as NBA, MLB, NFL and NHL are also popular among South African punters. Online sports betting is growing more and more popular in South Africa as players prefer placing bets from the comfort of their own home or on the go through mobile-based betting. Other options are also available such as telephone betting, live in-play betting and live video streaming.

There are a number of reasons why online sports betting has better benefits and advantages than placing bets with a physical sports betting outlet. It is likely for these reason that placing bets online has gained more popularity in South Africa in recent times. The main reason of course, is that punters can place bets from the comfort of their own home. Even though online sports betting is regulated by strict online gambling laws, physical betting outlets are more strictly regulated than online platforms, they also have to pay taxes which varies from province to province. As online sports betting traders do not have to pay tax, they have more freedom which allows them to offer better sports betting products and prizes for their customers.