Also, if you bet more than its value and lose, you’ll only be refunded the maximum amount and nothing more. Remember, a Risk-Free Bet is a one-time offer, so you can’t use it again whether you win or lose. But if your bet wins, you’ll get your normal payout and the Risk-Free Bet won’t count. If your Risk-Free Bet loses, your stake is refunded as a free bet up to a certain amount. This Sports-only Bonus is given to newly registered punters and works like an insurance policy for a once-off bet. But then again, you didn’t have to deposit anything to begin with, so fair enough! You’re probably thinking, “What’s the catch?” Well, here’s the thing: If you win with a Sign Up Free Bet and want to withdraw your winnings, you’ll need to make a deposit first. These bonuses are usually around R25 or R50 and credited to your account soon after registration or sometimes after your account has been FICA verified. Think of a Sign Up Free Bet as a small welcome gift from the betting site you just joined.

Remember, the bonus amount depends on how much you deposit the first time only and the most you can claim is the “up to” amount stated in the offer. This means if you deposit R1000, they’ll double it, and you’ll now have R2000 in your account to start betting with. Let’s say a website is offering a 100% First Deposit Match up to R1000. It’s usually a 100% Deposit Match, which is just a fancy way of saying they double your deposit amount. After making your First Deposit, you’ll get a bonus that matches the value of your deposit, up to a set predetermined value. This is the granddaddy of Sign Up Offers which you’ll find at the majority of online betting sites in South Africa. Before we point you toward the best Sign Up Offers in South Africa, let’s take you through the four main types of Welcome Bonuses and how they work. Some are better than others for obvious reasons such as their value, but sometimes how you weigh them up boils down to personal preference and what you like to bet on.

Types of Welcome Bonus available in South Africa Follow the easy steps provided here and you’ll get off to a winning start guaranteed! In this article, we’ll share with you our Top 5 Free Bets and Welcome Bonuses in South Africa for 2023 and how to claim them online right now. Nothing makes us feel warmer and fuzzier than being rewarded with a juicy Free Bet or Welcome Bonus when joining a new site.

Free 5 sports bet no deposit required