Online Betting Laws in Africa
With a total of fifty-four nations on the African continent, it would be naïve to make a general comment about their gambling regulations. In Africa, there are progressive states that promote gambling and online betting while others are restrictive regimes which attempt to ban or control it strictly.
Get more information on gambling laws in different African countries from our country guides.
When talking about countries that have many big and influential gambling companies, Ghana is one of them. Initially, there was only one online monopoly (BetKenya.com) in Kenya but after it closed, no other firm of its kind rose up locally hence giving gamblers the opportunity to explore various gaming sites in Africa, Europe among others.
The laws in Nigeria on gambling online are quite unclear, even confusing to some extent, but there is a great interest in it with only a handful of home based bookies providing their services.
Deposit Methods Accepted by Betting Companies in Africa
Regarding funding one’s online gambling accounts, African bettors have a lot of ways to go about it. Obviously, the country of residence will determine your deposit options because some countries have limited methods of payment while others have payment options which are only available within their borders.
Debit/credit cards, for instance, Visa and Mastercard are accepted by most betting firms and traditionally this has been the standard deposit method employed by many gamblers. Over the last few years, there has been a surge in the number of bookies who provide e-wallets to punters who may wish to fund their accounts.
Many bettors choose e-wallets as their favorite means of making deposits to bookies since they can instantly and lowly transfer funds between one or many firms without them reflecting on their bank statements. Some of the best betting e-wallets include PayPal, NETELLER and Skrill.
In case you are not comfortable with bank transfer or e-wallet, there is a host of other alternatives. For example, virtual prepaid cards like paysafecard are quite popular among people and sometimes one can top up their online account by adding some money to it at the brick and mortar stores or using vouchers if only such facilities exist.
The use of mobile commerce services is gaining popularity and most online gambling houses still receive bank transfers or checks, but this mode may be unduly time consuming.
Can African Players Claim Free Bets and Bonuses?
African players can also be offered free bets and other benefits. African bettors are among the fastest growing gaming markets in the world, which is why they have been targeted by international bookmakers’ marketing teams who want to win more customers on their side.
There can be different types of concessions. Some bookmakers may give a matched deposit so as to woo novice gamblers on their website while others reward punters with free bets after staking a given amount and also those companies wishing to maintain their existing clients will devise VIP promotions which will create a sense of being appreciated among the players.
Whenever you see an appealing bonus or offer from a bookie, it is always vital to go through their terms and conditions. The terms and conditions are the things that one should look out for, with reference to rollover requirements for bonuses in particular. If the play through requirement is too high, then you will loose everything including your stake and the added funds.
The exempt countries is another consideration to be mindful of. Some bookies will exclude different places or states from promotions meaning it’s always worth giving the small print a read before making an account.
The Popularity of Mobile Betting in Africa
The popularity of betting via mobile phones has drastically increased due to faster handheld systems, reduced costs of these tools as well as improved internet connectivity rates. In some parts of Africa, individuals who lack the resources to buy computers find it more affordable and convenient to bet online through mobiles.
The larger corporations also give out an iPhone or Android app, which can be downloaded for some extra speed and functions. The finest betting apps are light on storage space and allow you to sign in with just a click, so you can make the most of the newest live betting odds.
Think about the possibility of staking on Ghana to beat South Africa in a FIFA World Cup qualifier. The odds of match winner are adjusted by live betting markets soon as the Black Stars go ahead early. Betting websites with cash out options make it possible for you to login via your smart-phone or tablet and guarantee a win. By waiting for the outcome, you still have chance to win more but by locking in profit, you don’t lose on a late equalizer .
Want to do mobile betting? Take a look at our list of bookmakers, join one and start.
Future of Online Betting in Africa
In most African countries, some sort of betting is allowed. Of course, there are few variations as the continent is still poor in many areas as well as in the developing stages and this means there are no enough finances for severe prohibition or regulation even if they wanted to.
The data shows that there has been an increasing amount of money spent on internet-based gaming activities in the last few years, and this has resulted in the appearance of some bookies and casinos in Africa, as well as attracting established businesses from Europe and other parts to set up shop there and advertise their products to African gamblers.
With the increasing accessibility of technology, the demand for online gaming in Africa will keep on growing while the number of betting sites active increases.
Which betting companies accept African customers? The leading online gambling sites accept African customers from countries such as South Africa, Ghana, Nigeria and Kenya. Our guide to sports betting in Africa will tell you about your country’s gaming regulations, how you can get a welcome bonus and make a deposit among other things.
What is the number one betting site in Africa? The Betway Review explains why it’s the number one option for sport bettors in countries like Ghana and South Africa. The main reasons are that they give new customers generous bonuses, offer competitive odds for several sports, while their app, Betway mobile is available both on Android and iOS.
Which odds format is used for betting in Africa? Many Africans bookmakers use decimal odds format because it is widely acknowledged as the easiest to understand. However, some African betting firms will also offer customers a choice of using a different format like fractional or Malay but the most common is decimal.
How to profit from African betting sites? From the start, it’s important to understand that success in the future lies in being selective. It is not possible for a person to be an authority on each game and all events within that sport. In order to make money therefore, you have to be focused and only stake your money on games where you think you have an advantage of some kind. Success with this takes a disciplined approach as well as a consistent staking plan.
Q.What is an open bet? B. A type of bet where you put your money through a tote/TAB kind to pay the bookie is an open bet. The payout is not predetermined at stake placement time; instead, it is determined post event and the totalizator’s dividend becomes payable by the bookmaker.