African betting market is a fairly new phenomenon compared to the European countries, America, and Asia, where sports betting has become commonplace.drake.edu However, with the advent of technology in Africa and the country’s development, online betting sites also appeared here and became in high demand.ipalmoil.com Undoubtedly, if you have a favorite sport and you can’t live a day without watching a game, it doesn’t matter which continent you are on nowadays.
We are sure you have questions about South African online sports betting.northpeak.com.ng Is it legal? Can I use Visa and Mastercard credit cards? What sports I can bet on? Still, the most popular question is ‘Where can I legally bet in South Africa’? We promise to answer all your questions in this long-read so you can opt for the best betting sites and wager on sports without fear.
How Developed is National Gambling in Africa?It is not only well developed but also the fastest growing niche in Africa. Due to the long absence of any modern entertainment and ways to earn money, sports betting companies almost immediately won the hearts of sports fans. In addition, football is a real cult for Africa. According to experts, there are more than 300 million fans of the mere Premier League. And more than half of them combine their passion for Soccer with regular experience on top betting sites.
What is the Situation with the Sports Betting Market in South Africa?South Africa holds approximately 90% of the gambling market in Black Africa. However, in South Africa sports betting has a lot of restrictions. Gambling rules and regulations in South Africa are still under development and if you choose this country for African sports betting, then do not consider local bookmakers but opt for the ones licensed and regulated in other African countries.
How Legal is Sports Betting in Nigeria?Nigeria is second in South Africa according to its market share in gambling, and the betting industry is growing fast here. Recently, two of the most popular African bookmakers signed with British ColossusBet, a large British bookmaker.
Is it True that Kenya has Top Betting Sites throughout Africa?Betting sites are in high demand in Kenya. Fun fact: many residents purchase cell phones exclusively for betting. The gambling sector in Kenya is very liberal and fast-growing, albeit not as fast as in Nigeria. All forms of gambling are allowed, including online and mobile, so you can easily choose payment methods that you like and bet safely.
In 2011, Amaya Gaming successfully launched African betting sites in Kenya through an agreement with BCLB on the management of online gaming in the country.
BetKenya.com offered dozens of games, including slots, board games, instant games, poker, and other card games with content from Chartwell, a subsidiary of Amaya. Internet users from Kenya who were trying to access unregulated gaming sites (both local and foreign) were redirected to BetKenya.com. The site was monitored by BCLB - this was how the potential and distribution of online gaming were evaluated.
How Developed is Land-Based Gambling in Ghana?ln Ghana, different kinds of betting are permitted. There are several land-based gambling clubs, lotteries, and sports betting sites. The latter option is very popular among Ghanaian punters, although most of them opt for nothing but Soccer betting.
Besides, many Ghanaians love online casinos, bingo, and online poker. According to statistics, Ghana has the highest percentage of casino and sports betting winnings in Africa as most Ghana bookmakers accept players from all over the continent. Some local sites operate internationally, so European and Asian gamblers can also join them.
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Latest BonusesWhat Companies in Ghana can be Trusted?Chief Bet, one of the mainstream sports wagering organizations in Ghana, started offering live betting markets in March under a permit of the Ghana Gaming Commission, so it is licensed and regulated by the administration. It is a new for the region: it allows customers to place bets during the course of a match which is typical for European sportsbooks but became a brand new system in African countries.
Besides, many international gambling sites are available for Ghanaian bettors and have local branches in Africa. Among such word-famous and trusted companies are Melbet, 22Bet, and Betway.
What Betting Sites are Based in Uganda?Gambling in Uganda is a legal activity regulated by the National Lotteries Act and the Act on Gaming and Sports Betting (control and taxation). The chairman of the National Lottery Council in Uganda has issued a new law that requires all sports betting operators to have three licenses: a promoter license, the main agent license in Uganda, and the industry license. Thus, you can not worry about the legality and safety of your winnings. The law refers to the lottery, casino, gaming, and sports betting.
Besides, more than 200 active operators were attracted to various gambling technologies, so you can place bets in any way convenient for you (via instant messengers, mobile applications, desktop sites, by phone, or via Skype).
What Payment Methods Can I Use when Placing Bets on the African Betting Market?To make bets, you must first top up your bookmaker account. There are several ways to deposit and withdraw money from a gaming account at betting companies in Africa, so we will briefly discuss the most popular ones.
Credit Cards. The easiest and most convenient way to deposit money. Still, it may require commissions from 1% to 3%. In addition, your bank can charge extra fees, too, so make sure you are okay with such conditions.
Online Banking. This method is similar to the previous one. The difference is that you do not need to enter a card number as a system redirects you to the website of your bank.
There are some Popular Online Banking Systems, you Should Pay Attention to:WebMoney a universal system of fast electronic payments;
Skrill. Skrill is a payment system that works in 185 countries and supports payments in 33 monetary forms. One of the four most popular, along with PayPal, Payoneer, and Payeer;
PayPal. This payment system operates worldwide and has a lot of benefits for its users. Furthermore, it is highly safe;
Payoneer and Payeer.
Mobile systemsYou can deposit funds from a mobile operator’s account.
- Select the mobile operator in the Cashier section of a bookmaker;
- Enter the amount;
- Click on the confirmation button to proceed to payment.
Bank TransferIt is a comparatively inexpensive way to deposit money, provided a bookmaker has a bank account in your bank’s country.
Still, bank transfers are usually not fast enough: it usually takes between 1 and 5 days before money appears on a player’s account.
How do I withdraw my winnings?You can withdraw money the same way you deposited them. You can withdraw your winnings to credit cards, mobile accounts, bank accounts, online wallets, or even withdraw in cash. There are many options, choose the one that suits you best.
Final ThoughtsSports betting has become a popular attraction in Africa only in the last decade but has already gained popularity. Winning money simply by watching matches of your favorite team and making predictions about the outcome of the game is very cool.arizona.edu If you have long doubted whether to start betting or was waiting for a sign from above, you can perceive this article as that sign.
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