There are tight laws about online betting South Africa. However, it is not completely banned. In the past, the National Gambling Act made online betting and gambling difficult because the rules were not 100% percent clear.
This article is to help give you a better understanding of the history behind Sports betting in the rainbow nation as well as some of the strict rules in place.
Online Sports Betting in South Africa
The 2004 National Gambling Act banned online interactive gambling.However, these rules did not ban online betting South Africa for sport related events. Online horse betting, rugby betting and soccer have become very popular since it is one of the only forms of gambling that is legal and these markets are very popular with South African punters.
During August 2010, online gambling on servers that were located outside of the country become illegal. Again sports-related betting is still allowed. However, some websites that offer horse betting and rugby betting online are banned because they offer other gambling services. As an examples Bet365 are no longer able to operate in South Africa, see the Bet365 South Africa article for more details!
Horse Betting
Until 1996, on the track betting was the only legal form of horse betting in South Africa. The main changes were to make horse betting easier for new players to start betting. Horse betting online has helped attract new players to bet on horse races. However, it is still not as popular as online betting for other sports like rugby, soccer and now even lucky number draws.
Rugby Betting
Rugby betting is popular around the world and is one of the most popular sports to bet on in South Africa. There are many online betting websites for rugby betting, but some of these websites have been banned by South Africa because they offer other online gambling services. You should have no issue or worry betting on or with any of the websites reviews on Best Sports Betting as they have been verfied and are 100% legal operations.
Licensed Online Betting Sites
There are nine boards in South Africa that license online betting websites. At the moment, the main provider of bookmaker licenses is the WCGRB or Western Cape Gambling and Racing Board. These nine boards are located in each province. The licensing board has licensed 32 online websites. The residents of South Africa can use all of these licensed websites legally, but there is a fee for betting online. For horse betting, the amount deducted is 6 percent of the total winnings. T
here is no additional tax taken from the winnings of the recreational better. This is because betting winnings are not seen as an income under income tax law. The rules could change in the future as online betting becomes more popular. In other countries, up to 20 percent of the winning from online betting is taken for tax purposes.
Online betting South Africa has had a long history, and there have been many laws and acts that have been put in place to stop online gambling. However, online sports betting has been protected from all the changes that have been taking place. This is important because most people now place their bets online for the convenience and from the comfort of their own home. The future of online Sports Betting has bright future in South Africa and we hope it grows from strength to strength!
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