Betting
Betfred Deposit Guide: Methods, Limits & Bonuses 2025
As one of the best sportsbooks in South Africa, you can be sure that Betfred has all the trusted and secure payment methods that you need, whether you prefer to use vouchers or EFTs, or even fund your account using cash. In this guide, I will take you through everything that you need to know about the convenient Betfred deposit methods and how to deposit at Betfred.
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Overview of Betfred Deposit Methods
Betfred Deposit Methods
The Betfred payment methods ensure that you have a lot of ways to make secure and fast deposits at Betfred. All Betfred deposits are encrypted using SSL Technology. I have broken them down for you here:
Credit Cards
You can make secure deposits at Betfred using your Visa or Mastercard directly to the sportsbook using Walletdoc or using the Peach payment gateway. No card details are stored, and you have bank-level security protection.
Take note that if you deposit using credit cards, you will have to use it to withdraw, which may take up to 5 days.
Instant EFT
Transferring money straight into Betfred’s bank account is possible with Walletdoc, Capitec Pay and Ozow. Select Instant EFT on the deposit page, enter the amount you want to deposit, and the bank if you are using Ozow, approve the transaction and start placing bets. EFTs can be used for withdrawals as well.
Vouchers
There are a few vouchers that are accepted as Betfred payment options, including 1Voucher, Blu Voucher, and OTT Voucher. No account details are shared with Betfred, but you can’t make withdrawals using a Blu Voucher or OTT Voucher.
Cash
If you have a Betfred betting hall near you, you can use your Betfred Online account to make deposits and withdrawals in-store or top up online. This method lets you take advantage of the facilities available in-store.
Digital Wallets
If you have a Zapper or SnapScan ewallet, you can make fast transactions and additional privacy by using them to deposit. These are tokenised transactions, and biometric authentication adds another layer of security. This is also the quickest Betfred deposit method.
Betfred Deposit Limits and Fees
Betfred Deposit Limits
All the fast transactions at Betfred are done in South African Rand, and there are no fees charged by the sportsbook. High-rollers may be invited to accept higher maximum deposit limits, but below are the minimum and maximum limits for each of the Betfred payment methods:
Betfred Deposit Limits and Fees
| Betfred Deposit Method | Minimum Deposit | Maximum Deposit |
| Walletdoc | R5 | R300,000 |
| Peach Payments | R5 | R300,000 |
| EFT | R5 | R300,000 |
| Capitec Pay | R5 | R300,000 |
| Ozow | R5 | R300,000 |
| 1Voucher | R5 | R2,000 |
| OTT Voucher | R5 | R2,000 |
| Blu Voucher | R5 | R2,000 |
| Cash (Betting Hall) | R20 | R300,000 |
| Zapper | R5 | R300,000 |
| SnapScan | R5 | R300,000 |
Step-by-Step Guide to Depositing at Betfred
Before making your first deposit at Betfred, keep in mind that if you use a Blu Voucher or OTT Voucher, you will not be able to use the same method to withdraw. In this case, you will have to request a withdrawal using EFT to your registered bank account.
Here is a step-by-step guide to the Betfred deposit process:
- 1
Head over to Betfred and sign into your account.
Sign into your account betfred
- 2
If you haven’t yet, you need to verify your account. As per FICA regulations, you need to upload a copy of your Identity Card or passport, as well as a proof of address like a municipality bill in your name.
You need to verify your account
- 3
You are now ready to make your first deposit using your preferred Betfred deposit option. For this example, I have chosen Ozow. Select or enter the amount and tap on deposit.
Make your first deposit betfred
- 4
Click on your bank and go to the bank app to approve the transaction.
Approve the transaction.
- 5
Go back to Betfred and start using your welcome deposit to start placing bets.
Betfred Deposit Bonuses and Promotions
Betfred Deposit Bonuses
When you make deposits, you can take advantage of some fantastic Betfred bonuses, starting with the 1st deposit match. On top of the 100% deposit match, the more you deposit, the more you will get in free spins you will earn.
Depending on how much I deposit every week, I get up to 300 free spins that I can use on slots like Joker’s Jewels and Aztec Gems every Monday. This is in addition to all the other bonuses I get, like cashbacks, daily boosted odds, and insurances.
Conclusion - Betfred Deposits
As you can see from this Betfred deposit guide, there are several trusted Betfred payment methods that can be used to make deposits easy and convenient. There are a variety of deposit methods available, including EFTs, credit cards, wallets, vouchers, and even cash deposits. Additionally, each deposit method adds another layer of security to Betfred's security measures.
When making your first deposit, I recommend using EFT or card deposits, which use highly regulated security measures that may ease some of your concerns. Be sure to take advantage of the fantastic deposit bonuses that are available once you have funded your account.
As a sports writer, Jo Davies has done it all, from the Springbok Sevens to the Indian Premier League cricket, karting, and snooker, and is known for her detailed reviews and in-depth features of the games she covers. Away from the keyboard, Jo volunteers trackside as an MSA scrutineer for motorsports and unwinds at home with her dogs, cats, and tortoise or outside in nature, usually with a good book.