How Does Sportingbet Work: Full Betting Guide in 2024

Sportingbet South Africa
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With a user-friendly interface and a comprehensive selection of markets, Sportingbet provides an exciting and convenient platform for individuals to engage in sporting events gambling. In this article, we will explore how betting works on Sportingbet, understand the concept of gambling odds, examine the available markets, learn how to place bets, deposit and withdraw money, complete the FICA process, utilize the bookmaker app, and explore the customer service options. So, let’s dive in and discover the ins and outs of Sportingbet.

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How Does Betting Work on Sportingbet?

How Does Betting Work on Sportingbet

Betting on this platform is a straightforward process. To get started, users need to create an account by providing their personal details or elements, and completing the registration process. Once the account is set up, users can log in and navigate through the platform to explore the various sports events available for gambling. The bookmaker covers a wide range of sports, including football premier and series tournaments and leagues, tennis, basketball, cricket, and more. Users can select their preferred sport and choose the special event they wish to play and bet on.

If you are new to the world of gambling, understanding the intricacies of the process can be quite perplexing. One crucial aspect to comprehend is the concept of gambling play odds.

Although it might seem overwhelming initially, once you grasp the fundamentals of odds, you’ll be able to calculate the likelihood of a particular outcome and determine your potential winnings with ease.

To assist you in comprehending the ins and outs of gambling, we have prepared a comprehensive guide below. In the next paragraphs, we will provide you with a thorough understanding of how gambling functions and equip you with the knowledge needed to navigate this exciting realm.

Betting Odds & How Do They Work at Sportingbet?

Odds are utilized by bookmakers to assess the probability of specific outcomes in sports or other events. These odds are commonly expressed in either fractional format (e.g., 3/1) or decimal format (e.g., 3.0).

Betting markets encompass a wide array of potential outcomes. For instance, in football, you have the opportunity to place wagers on various play aspects, such as the final result, the first goalscorer, the winning team, or even the number of corners or throw-ins a particular team will have.

To cater to individual preferences, bookmakers often offer the option to customize the display of play gambling odds. By accessing the Betting Settings feature, users can switch between fractional and decimal formats based on their personal preferences.

Sportingbet Fractions & Decimals

Fractional odds, also known as traditional odds, are represented as fractions. Fractional gambling odds illustrate the potential winnings relative to the amount wagered. In this format, the number on the right side denotes the stake, while the number on the left side represents the potential winnings. For example, if the odds are displayed as 3/1, it means that for every unit staked, the potential return is three units plus the initial stake.

Decimal betting odds display potential winnings, which already include the initial bet amount. To calculate your potential winnings, simply multiply your stake by the decimal odds. Decimals odds, on the other hand, are expressed as numerical values. For instance, if the odds are 4.00, a successful bet would yield a return of four times the bet, counting the initial wager.

Now that we have covered the fundamentals of betting odds let’s delve into the diverse array of markets available on Sportingbet.

Sportingbet Markets

Sportingbet offers a wide range of sports betting markets, covering over 30 different sports. Some of the most popular bet types include:

  • Football: The bookmaker offers a wide variety of football betting types, including match outcome, correct score, over/under goals, and half-time/full-time.
  • Tennis: The bookmaker offers a comprehensive range of tennis betting types, counting match outcomes, set betting, and player performance bet types.
  • Basketball: The bookmaker offers a wide range of basketball betting markets, counting match outcomes, point spread, and total points.
  • Horse racing: The bookmaker offers a wide variety of horse racing betting types, including win, place, and show wagers, as well as exotic wagers such as trifectas and superfectas.
  • Cricket: The bookmaker offers a comprehensive range of cricket betting markets, including match outcomes, first innings score, and over/under runs.

In addition to these popular markets, the bookmaker also offers a variety of other betting markets, such as politics, entertainment, and weather. The bookmaker also suggests live betting, which allows you to bet on events as they are happening.

Once you have familiarized yourself with the various markets offered by the bookmaker, let’s explore how to place a bet on this platform specifically for users in South Africa.

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How to Place a Bet at Sportingbet in South Africa?

How to Place a Bet at Sportingbet in South Africa

Placing a bet on this bookmaker is a straightforward process that allows users to engage in the thrilling world of sports betting with ease and convenience.

  1. Begin by going to the site and signing into your account.
  2. Navigate to the sports betting section, which can be accessed through the navigation bar or by utilizing available filters to search for specific sports and leagues.
  3. Identify the desired market by tapping on the corresponding odds value.
  4. Access the betslip by clicking on the icon located in the top right-hand corner or through the yellow confirmation message displayed below the selected odds.
  5. Choose your preferred bet type from the options available: Single, Multi, or System.
  6. Enter the stake amount you wish to wager on your selected wagers.
  7. Proceed by tapping the Place bet button if you have verified that your selections are accurate.
  8. Upon successful processing, a confirmation page will be displayed to confirm your placed bet.

It is worth noting that when placing single or system bets, you have the flexibility to enter the stake as either a Stake per bet or a Stake total. Stake per bet assigns the entered bet amount to all bets within the betslip, while Stake total divides the amount equally among all bets.

Place a Bet With Sportingbet!

How to Deposit & Withdraw Money from Sportingbet?

The bookmaker streamlines the depositing process, ensuring a seamless experience for both new and existing users. For first-time users, the depositing step is conveniently integrated into the sign-up procedure, enabling them to promptly receive their sign-up matched welcome bonus.

To deposit funds into your account and gain a matching welcome bonus, follow these simple steps:

  1. Log in to your Account.
  2. Access the Deposit option.
  3. Select your preferred deposit method from the available methods(EFT includes).
  4. Enter the desired deposit amount.
  5. Follow the provided instructions specific to the chosen payment method.
  6. Confirm the payment to complete the deposit transaction, and the deposited amount will appear on your profile.

When it comes to withdrawing funds from this bookmaker, the process is relatively straightforward, although it may seem overwhelming for first-time punters. It’s essential to note that before initiating withdrawals, your account needs to undergo the FICA verification process.

  1. Locate and click on the account icon situated in the top right-hand corner of the screen. This icon represents the amount of money available in your betting account.
  2. Access the Cashier section.
  3. Click on the Withdraw option.
  4. Choose your preferred withdrawal method from the provided options.
  5. Follow the accompanying instructions specific to the selected withdrawal method.
  6. Confirm your withdrawal request to initiate the transaction.

It’s important to note that the processing time for withdrawals on this bookie is typically around 2 working days, and the withdrawn amount will reach you as soon as it is possible.

Now let’s explore the process of FICA (Financial Intelligence Centre Act) verification for your bookmaker account in South Africa, as it is very important for further action on the platform.

How to FICA Sportingbet South Africa Account?

How to FICA Sportingbet South Africa Account

Completing the FICA process is the final requirement to gain full access to your account and gain a sign-up welcome bonus and promotion. FICA serves as a verification procedure implemented by South African betting sites to ensure they are conducting business with legitimate individuals.

To fulfill the FICA requirements for this bookmaker, you will need to provide proof of identity and proof of address. This involves uploading copies of both sides of your ID card as well as a document verifying your residence.

To proceed with FICA verification on this bookmaker, follow these steps:

  1. Log in to your account.
  2. Access the account icon, typically located where your betting balance is displayed.
  3. Click on Cashier.
  4. Choose the Withdraw option.
  5. The bookmaker will prompt you to verify your account.
  6. Select the document you wish to upload.
  7. Upload the relevant document as per the instructions provided.
  8. Repeat the process for the second required document.

That’s it! The bookmaker will review your submitted documents and typically respond within 24 hours regarding the verification status of your account.

How to Use the Sportingbet App in South Africa?

If you’re a fan of mobile betting, the bookmaker suggests an exceptional mobile version and goes above and beyond its competitors by providing a highly regarded mobile app. Before exploring how to utilize the app, it’s crucial to understand the download process, which differs depending on your device.

For iOS For Android
  1. Open the app store on your Apple device.
  2. Search for Sportingbet within the app store.
  3. Locate the bookmaker app and initiate the download.
  4. Once downloaded, you can proceed to log into your account using your existing credentials.
  1. Visit Sportingbet’s mobile website on your Android device.
  2. Look for the option labeled New Android App.
  3. Follow these step-by-step instructions provided on the website:

1) Go to your device’s Settings.

2) Tap on Security.

3) Scroll down and select Unknown Sources.

4) Confirm the change by tapping OK.

  1. Return to the bookmaker mobile website.
  2. Click on Download Now to begin the app download.
  3. After the download completes, locate the app on your device and install it.
  4. Log into your Sportingbet account using your existing login credentials.

Once you have successfully downloaded and signed into the Sportingbet app, you can enjoy the same features and functionalities obtainable on their mobile and desktop versions. Whether it’s placing bets, depositing funds, or withdrawing winnings, the processes remain consistent across all platforms.

Sportingbet Customer Service

Sportingbet Customer Service

While Sportingbet does provide an extensive FAQ page, their customer service offering may be perceived as slightly limited. If you have a special query that is not addressed in their existing FAQs, getting in touch with their support team can be a bit challenging.

To access the FAQ page, navigate to the account icon located in the top right-hand corner of the screen and click on Help and Contact. From there, you can explore the obtainable categories. In case you don’t find a category that matches your query, scroll to the bottom of the list and select Other.

Within the Other section, you will find additional options. If you still haven’t found the information you’re seeking, click on I haven’t found what I’m looking for. By selecting Yes in response to the ensuing question, you will be provided with Sportingbet’s contact details.

Sportingbet’s contact details include the following:

  • Live Chat: Accessible on their website between 9:00 and 21:00.
  • Phone number: You can reach them within some minutes at +27 (0800) 983 625, Monday to Friday, 9:00 and 22:00.
  • Email: Utilize the contact form obtainable on their website to send an email or write to [email protected].

Though their customer service options may have certain limitations, Sportingbet strives to provide support through live chat, phone, and email during special hours to assist punters with their inquiries.

Contact Sportingbet Customer Support!

Conclusion

Sportingbet suggests a comprehensive platform for sports betting enthusiasts, providing an array of markets and competitive odds. Understanding how betting works, including the different odd formats and the process of placing bets, is essential for a seamless experience. Depositing and withdrawing funds can be easily accomplished through their user-friendly interface, while FICA verification ensures the security of transactions.

Sportingbet’s mobile app enhances convenience for on-the-go betting, although customer service options may have room for improvement. By familiarizing yourself with the functionalities and features of Sportingbet, you can enjoy the thrill of sports betting while engaging with a trusted and reputable platform.

FAQs

I bet on Sportingbet by accident. What should I do?

To comply with legal regulations, Sportingbet sportsbook adheres to a policy that prevents the cancellation of wagers once they have been placed. It is crucial to carefully review your selections and confirm them before submitting the bet. However, if you have not yet confirmed the bet and wish to make changes, you can simply click BACK in the bet slip to return without placing the bet. Once the bet is confirmed by the user, it becomes final and cannot be canceled or modified. It is important to exercise caution and double-check all details before confirming your bet on Sportingbet.

How can I remove my bet/selection from a Sportingbet coupon?

To delete a specific pick in your betting slip on Sportingbet, simply click the X button next to that pick. If you want to remove all picks at once, click the developed bin icon in the bottom right corner of the bet slip and confirm the deletion.

How can I view my bets on Sportingbet?

You can view all your placed bets conveniently in the My Bets section of your account. In some instances and cases, there may be a slight delay before your bet appears, so it’s recommended to wait momentarily for it to load. If needed, you can try logging out and back into your account using your password and surname to ensure the bet is displayed. Sportingbet ensures that your placed bets are easily accessible for your reference and convenience.

How can I find out if my bet has been accepted at Sportingbet?

After clicking on Place Bet and confirming your selection, as a Sportingbet customer, you are lucky because it will provide a confirmation message to indicate that your bet has been successfully placed.

How do I know that I have won a bet placed on Sportingbet?

Typically, Sportingbet updates the betting results in their system within three hours after the settlement. Once the results are entered, any winnings are credited to the respective accounts. You can easily identify your winning bets as they are luckily displayed in green under the My Account or My Bets section. Additionally, the credited winnings can be viewed as transactions under the My Account or Account Movements tab. Sportingbet ensures transparency by promptly reflecting the outcomes and winnings, allowing punters to conveniently track their betting results.

Liana Hovhannisyan
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