VIP Betting Site
Notes about top level win limits, odds, features & ZAR accounts
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Top tier football max daily win limit of £250,000 or equivalent. Football Tier 2
& other top sports £100,000. Bet Builder. Simple early cash out.
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Won bet limit €100,000. Daily win limit €250,000. Weekly win limit €500,000. These
vary by your account currency.
Won bet limit €100,000. Daily win limit €250,000. Weekly win limit €500,000. These
vary by your account currency.
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Wealth and wealthy people in South Africa
The 2018 MGM Research report on global millionaire populations, shows that, South
Africa had nearly 53,000 millionaires, or those people defined as having net assets
of more than 1 million US dollars. This is approximately 0.3% of the world’s share
of millionaires. This share is much larger than South Africa’s share of general
population of around 57 million people and only 0.008% of the world population. There
is thus a significant wealthy upper class in South Africa, much of which was connected
to the wealthy mining sector. Several of these people can be found on the list of
the richest South Africans. While there is clearly a significant group of people
that could be potential high rollers for sports betting and gambling in the country,
South Africa does have a significant spread in income between the upper and middle
classes as exemplified by the fact that the average income of South Africa is just
5,750 USD per year, which ranks #57 in the world.
About South African high-limit sports betting providers:
South Africa has regulated online bookmakers for their citizens. Unfortunately,
most of these sportsbooks cannot offer a superior high-roller experience for VIP
gamblers. The reality is that sports betting is bookmaking. In other words, the
individual companies must balance the liabilities or bets on all potential outcomes
of a given event. When playing with a company that only accepts customers from a
country of 50 million compared to one that accepts bets from people around the world,
the reality is that the bookie that only serves one country cannot risk the liabilities
of very high limits as compared to companies that deal with much larger volumes of
bets and has superior liquidity. If your potential winning bet is 75,000 USD, huge
international brands can deal with this with no problem. Several of the local South
African services just cannot handle these kinds of wins. Above, we list some of
the top South Africa betting sites, of which only one is officially licensed and
regulated for the South African market, that’s Betway. They are big enough to handle
your action and they have ZAR accounts and banking methods. Other than that, look
to play at top international betting sites that accept customers from South Africa
and have serious betting and win limits as listed above.
Making large banking transactions for high stakes online betting from South Africa:
Bank wire transfers will certainly allow for the largest deposits and withdrawals.
The actual maximum limit will vary by site, but can get as high as six-figures in
USD. Credit cards can have limits as high as 50,000 USD per transaction. E-wallets
like, Skrill, Neteller and EcoPayz can also have significant limits in excess of
35,000 USD per transaction.
Which of the above high stakes betting sites South Africa offer an early cash out
feature:
All of the above online sportsbooks offer their own version of an early bet cash
out feature, which can allow bettors to secure partial profits or protect stake money
before an event has reached its natural end.
South Africa bookmaker bonuses for new customers
Most wealthy bettors in South Africa aren’t concerned with whether or not bonus offers
are available to them. However, if you would like to take advantage of value in
this way, you can find a bonus offer below that is specifically for new customers
in South Africa.
The best high-limit betting sites for wealthy people in South Africa: Top online
bookmakers for South African VIPs & high-rollers.
High-Limit Bookmakers by Country