Best Payfast Betting Sites in South Africa 2025 – Picked by Experts
Never wait for deposits and withdrawals again! Payfast offers free Instant EFTs via all South African banks. Transactions are processed in real-time, and no account is required. In this guide, we’ll explore this cutting-edge payment method and show you the best Payfast betting sites that are giving huge welcome bonuses when you make your first Instant EFT deposit!
3 Best Betting Sites in South Africa
After registering at over 50 betting sites that use Payfast, we can conclude that these bookmakers offer the best wagering experience in terms of free bets, low margin odds, variety of sports, and customer service:
Is Payfast Safe & How Does It Work for Betting?
Payfast enables instant bank transfers. Instead of waiting days for your winnings to arrive, they’ll hit your bank account within seconds, and there are zero fees.
Using Payfast for gambling is 100% safe, as it doesn’t access your login credentials, and all data is protected by encryption.
It is also super simple: after you are securely connected to your bank, choose the account to send money or receive winnings and verify the transaction. Paysafe handles the rest and processes the payment right away!
How Do You Create a Payfast Betting Account?
Payfast only requires merchants to create an account. As long as you have a South African bank account, you can immediately start using Payfast for Instant EFTs.
To sign up at online bookmakers with Payfast, follow these steps:
- 1
Choose a site from our best Payfast bookmakers list and click on the link to unlock an exclusive bonus.
- 2
Enter your name, email, and mobile number, and create a password.
- 3
Tap the verification link sent to your email.
- 4
Upload your ID and bank statement or utility bill.
How to Withdraw Your Sportsbook Winnings Using Payfast
Withdrawing from betting sites that use Payfast takes under 60 seconds. All you have to do is:
- 1
Sign in to your betting account and tap the Withdraw button.
- 2
Enter the amount you wish to withdraw and click on Payfast.
- 3
Choose your bank.
- 4
Log in to your online banking platform and select a bank account.
- 5
Verify the transaction.
Payfast Betting Bonuses & Promotions in South Africa
Unlike certain payment methods at South African betting sites, you’ll always qualify for deposit matches, free bets, and other bonuses when you deposit via Payfast. Check out these offers now!
Deposit Match
The best online bookmakers with Payfast add extra bonus funds to your account when you make your first deposit. These bonus funds can be withdrawn after you’ve wagered them a certain number of times.
YesPlay has a huge 100% up to R3,000 deposit match offer. To claim the offer, deposit R20 or more via Payfast and complete the 7x wagering requirement to cash it out!
Free Bets
Deposit at a South African sportsbook via Payfast to receive free bets. You get to keep whatever you win minus the free bet stake. For example, if you receive a R50 free bet and win a wager with 1.50 odds, you can immediately withdraw R25.
10Bet always has epic free bet offers for all sports. When you deposit R25+ using Payfast, you’ll get a free bet worth 10% of your deposit up to R1,000!
Insurance
Don’t worry if your team loses. Simply claim an insurance promo and get your stake returned in the form of a free bet or withdrawable cash.
Betway regularly has insurance bonuses. Right now, they’ll refund 50% of your wager if your team lets you down!
Odds Boosts
Betting sites that use Payfast will choose sporting events and increase the odds. For example, if Arsenal is paying 1.50 for a win, the bookmaker may boost the odds to 1.80.
Betfred is our favourite Payfast sportsbook for odds boosts. You’ll find multiple offers every day of the week for soccer, cricket, rugby, and horse racing!
Why Do Betting Sites Accept Payfast?
Payfast is a cost-effective payment method for bookmakers as it charges just 0.8% for Instant EFTs. It’s also incredibly popular, as it is integrated with all major South African banks, including Nedbank, Absa, and Standard Bank.
Benefits of Using Payfast for Betting
- Send/receive money straight to your bank account
- Zero fees
- Instant processing time
- No account required
- Works with all top South African banks
Limitations of Payfast for Betting
- Not all South African bookmakers offer Payfast withdrawals
- Betting sites may manually check withdrawals, causing delays
How We Rate the South African Betting Sites That Accept Payfast
We use a detailed rating methodology to assess Payfast sportsbooks and pay special attention to these areas:
Licensing and Security - We prefer to play at Payfast betting sites that are licensed in South Africa and offer 24/7 customer support, 2FA, and SSL encryption.
Bonuses and Promotions - You should expect to unlock free bets, deposit matches, insurance, cashback, and other offers with virtually every deposit.
Payment Speed - Enjoy fast and secure online betting deposits and withdrawals starting from R10 when you use Payfast.
Odds and Markets - We look for Payfast sportsbooks with market-beating odds for major sports like cricket, rugby, soccer, and tennis. We also look for sites with a variety of markets from 1x2 to handicap to player specials.
Additional Features - The best betting sites that accept Payfast offer extras like bet builder, live streams, early cashouts, and tournaments.
Security & Privacy: Why Is Payfast a Safe Betting Option in South Africa?
Payfast has a fraud rate 10x lower than the average digital payment providers, making it one of the safest mobile betting payment options. This is because they use Extended Validation SSL with 2048-bit encryption, secure servers, and all transactions must be approved by passing 2FA.
Payfast never accesses your online banking login information. Your username and password are also encrypted. It also employs world-class fraud detection software that will alert you in real-time to suspicious activity and block payments.
List of South African Bookmakers That Accept Payfast
| Betway | 10Bet | YesPlay | SoccerShop | 10Cric | Dafabet |
| Hollywoodbets | Supabets | Lulabet | Marshalls World of Sport | Fafabet | |
| Gbets | Sunbet | Bet.co.za | Betxchange | BetWinner | |
| Playa Bets | World Sports Betting | Easybet | Playbet | 1xBet | |
| Betfred | Sportingbet | Tic Tac Bets | Betting World | 888Sports |
Common Bet Types Available After Depositing with Payfast
If you deposit at a South African sportsbook via Payfast, you’ll not only qualify for free bets, but you’ll also enjoy extensive betting markets, including:
Match Result
With this wager, you predict which team is going to win. You can also bet on a draw if it's possible. For example, bet on MI Cape Town to defeat Durban's Super Giants.
Over/Under
Predict how many goals or points will be scored in a game. To make things easier, the betting site sets a line, and you guess whether the result will be over or under. For example, South Africa is playing India in a T20 match, and the line is 355.5. If you take the over, you’ll win if 356 or more runs are scored.
Handicap
Handicap betting is similar to match result betting; however, you need to consider the handicap placed on the team you’re backing. For example, if you bet on the Bulls at +5.5 against the Stormers, your bet will pay out if the Bulls win or lose by 5 points or less.
Accumulator
Lock in amazing odds by combining two or more wagers into a single bet slip with an accumulator. For example, you might bet on the Bulls to beat the Sharks, England to win the Ashes, and Man City to beat Arsenal. If all your selections are correct, your accumulator will pay out.
Outright
Will Liverpool win the EPL? Is Real Madrid going to add another Champions League trophy to their cabinet? With an outright bet, you wager on the outcome of tournaments, leagues, and competitions.
Payfast Alternatives for Online Betting in South Africa
Many South African betting sites don’t offer Payfast or only allow you to deposit via this payment method. Fortunately, there are other safe betting payment methods, including debit and credit cards like Mastercard and Visa and e-wallets like PayPal and Skrill.
Also, more betting sites are adding cryptocurrency payments. The advantages of cryptocurrency are the fast-processing speed, flexible deposit/withdrawal limits, and anonymity.
If you have your heart set on making an Instant EFT transaction, look for other similar providers like Ozow, Peach Payments, and SiD which all offer contactless betting payments. Below, you’ll find the most common banking options at South African bookmakers:
Payfast Alternatives for Online Betting in South Africa
| Payment Method | Min/Max Deposit | Minimum/Maximum Withdrawal | Fees | Security Level | Best For |
| Ozow | R10 to R1,000,000 | R10 to R1,000,000 | Free | High | Instant EFTs |
| SiD | R10 to R1,000,000 | R10 to R1,000,000 | Free | High | Free bank transfers |
| PayPal | R5 to R100,000 | R5 to R100,000 | Free | Very High | Ultra-secure transactions |
| Skrill | R5 to R100,000 | R5 to R100,000 | Free | Very High | Exclusive rewards |
| Neteller | R5 to R100,000 | R5 to R100,000 | Free | Very High | Fast withdrawals |
| Visa/MasterCard | R10 to R1,000,000 | R10 to R1,000,000 | 0% to 5% | Medium | Gambling on credit |
| Bitcoin | R10 to R1,000,000 | R10 to R1,000,000 | R2 to R20 | Medium | Maintaining privacy |
| SnapScan | R10 to R1,000,000 | R10 to R1,000,000 | Free to 3.5% | High | Deposits via Android |
| Peach Payments | R10 to R1,000,000 | R10 to R1,000,000 | Free | High | Instant bank transfers |
| Zapper | R10 to R1,000,000 | R10 to R1,000,000 | Free | High | Deposits via iOS |
| PayU | R10 to R1,000,000 | R10 to R1,000,000 | Free | High | Direct bank transfers |
| Bank Transfer | R10 to R1,000,000 | R10 to R1,000,000 | R50 | Medium | Large transactions |
If Payfast isn’t available, we’d look for Peach Payments or Ozow betting sites. These providers also offer free Instant EFTs. If you’re depositing via mobile, Zapper and SnapScan are solid choices, and if you’re serious about your privacy, stick to cryptocurrency.
SportsBoom Suggests
After using credit cards, Bitcoin and e-wallets, we’ve concluded that Payfast is the simplest way to deposit and withdraw. No fees are ever required, and winnings are sent directly to a South African bank account in real-time.
If you want to stop paying fees and wasting time dealing with third parties, we suggest you try out any of our recommended Payfast betting sites. Also, if you register via our special link, you’ll get free bets with your first deposit!
FAQs
Gbets offers a no deposit bonus. When you register, you’ll receive a R25 free bet.
You will get your welcome bonus if you sign up and deposit using Payfast. Bookmakers actually prefer Instant EFT deposits compared to e-wallets and credit card transactions.
Payfast doesn’t charge any fees when you deposit or withdraw. However, South African bookmakers pay a 0.8% transaction fee for Instant EFTs processed via Payfast.
As a rule, bookmakers with Payfast withdrawals pay out winnings instantly, but sometimes it can take up to 24 hours to process the request.
SportsBoom offers honest and impartial bookmaker reviews to help you make informed choices. While we may earn commissions through affiliate links, our content remains independent and free from promotional influence.