BetOlimp has been in the game since 2015, steadily building its reputation in the betting world. The platform welcomes users with a 100% First deposit bonus up to R3000 bonus and is especially known for its great odds. With more than 30 sports to bet on, there’s plenty of choice for everyone. But while there’s a lot going for it, there are some drawbacks. There’s no BetOlimp app, so sports betting on the go can be a challenge. Also, live streaming isn’t available, and features like Cash Out, Bet Builder, and Bet Boosts are missing. Plus, they don’t offer bets on horse or greyhound racing. Despite these points, if you’re after good odds and variety in sports, BetOlimp, with its years of experience, is worth considering.
BetOlimp Online Betting: Rating
|A range of markets||8/10||30+ sports, 800+ markets on top football, 3-4% margin for top football|
|Bonus offers||7/10||100% First deposit bonus up to R3000|
|Payment methods||7/10||Credit card, Bank Transfer, SID Instant EFT, Ozow, 1 Voucher, Peach Payment, Betting Shop|
|Streaming||1/10||No live streaming, only match tracker|
|Sign-up and support||8/10||Full registration form, very quick replies from support|
|Ease of Navigation||8/10||User-friendly interface|
|Website||https://betolimp.co.za/||Game Types||Sports Betting, Live Casino, Slots, BetGames, Lucky Numbers, Twain, Virtual Sports|
|Deposit Methods||Credit card, Bank Transfer, SID Instant EFT, Ozow, 1 Voucher, Peach Payment||Withdrawal Methods||Bank Transfer, Betting Shop|
|Apps||No apps||Betting features||Live betting|
|Owner||OLIMP (Pty) Ltd||Support||Live chat, E-mail, Phone, Post, Branches|
|Headquarters||Cape Town, South Africa||Founded Year||2015|
|Licence||Western Cape Gambling & Racing Board||Welcome Bonus||100% First deposit bonus up to R3000|
- Generous Welcome bonus
- Great odds
- Over 30 sports
- Many deposit methods
- Statistics, Live Score, Betting Previews
- No mobile apps
- No live streaming
- No Cash Out, Bet Builder or Bet Boosts
- No greyhound and horse racing
BetOlimp Website, Mobile Version & App Screenshots
More than 30 sports are available at BetOlimp, including soccer (football), tennis, basketball, cricket, and rugby. There are betting on politics, music and entertainment available as well.
- Soccer (Football)
- Alpine Skiing
- American Football
- Australian Rules
- Beach Soccer
- Field Hockey
- Fist Fighting
- Formula 1
- Ice Hockey
- Rugby League
- Rugby Union
- Table Tennis
BetOlimp offers football betting in over 80 countries, as well as international events like Champions League, Conference League, EURO 2024, Friendlies, and etc. South Africans have access to the Premier League and the 1st Division. For top matches, there are more than 800 betting markets available. The markets include Main ones, Halves betting, Asian Totals and Asian Handicaps, First Goal and Victory and many other options.
Among the tennis tournaments BetOlimp offers Grand Slams, ATP, WTA, Challengers, and ITF events. US Open matches feature 90+ pre-match betting options, including Main bets, Exact Score, Handicap, Additional Total, Individual Number of Winning Games, Bets by Sets and others.
Currently, basketball fans can place a bet on tournaments in the USA, Brazil, Vietnam, and international events. Top games offer around 200 betting markets. There are Main bets, different Totals and Handicaps, Quarters, and Halves betting and some combinations.
100% First deposit bonus up to R3000
- Variety of bonuses
- Over 30 sports
Create an account and make a deposit of R50 or more within 14 days. You will get 100% of the deposit amount, but no more than R3000. Wager the bonus amount 6 times on single bets at minimum odds of 2.00.
There are several BetOlimp promotions for existing customers, including Jika Sports Offer, Multi-Bet Bonus Boost, Refer a Friend Promotion, Acca Insurance. Read more about betting bonuses in our separate Bonus BetOlimp Review.
There is only full registration available on BetOlimp South Africa. Find out more about How to Register on BetOLimp in our Match.Center article.
- Tap on the “Join” button.
- Enter your First Name, Surname, Passport/ID Number, Date of Birth, Province, Address, Username, Email Address, Passport, Four-Digit Security Number, Telephone.
- Answer the question “How did you hear about BetOlimp?”
- Confirm that you are 18 years old and agree to the Terms and Conditions.
- Tick the box to Claim the first deposit bonus.
- Tap the “Create My Account” button.
South Africans can make deposits and withdrawals on BetOlimp using several methods. The following deposit methods are available: Credit card, Bank Transfer, SID Instant EFT, Ozow, 1 Voucher, Peach Payment, Betting Shop. Withdrawals can only be made via Bank Transfer and Betting Shop.
How to Make a Deposit on BetOlimp
The following steps will guide you through the process of making a deposit at BetOlimp in South Africa:
- Sign in to your BetOlimp account.
- On the top of the page, click ‘Deposit’.
- Select your preferred deposit method.
- Specify your deposit amount and click ‘Continue’.
- Tap on Confirm Deposit.
- Enter your payment details after being redirected. Follow the instructions on the screen to complete the transaction.
- You will automatically receive your funds in your BetOlimp account.
Note: Do not deposit via cheque as no cheque payments are accepted.
|Payment method||Minimum Deposit||Maximum Deposit||Deposit time|
|Credit card||R10||R1 000 000||Instant|
|Bank Transfer||R50||R1 000 000||Up to 2-3 working days|
|SID Instant EFT||R10||R1 000 000||Instant|
|1 Voucher||R1||R1 000 000||Instant|
|Peach Payment||R10||R1 000 000||Instant|
How to Withdraw from BetOlimp
To withdraw money from BetOlimp, follow these steps:
- Log in to your BetOlimp account.
- Click on the button with your balance
- Select “Withdraw”.
- Pick your preferred withdrawal method: Bank Transfer or Betting Shop
- In case of Bank Transfer, add a new bank account, by entering Bank Name, Account Name, Account Number and Branch.
- In case of Betting Shop, select the betting shop from the list available.
- Enter the Withdrawal amount and your Password.
- Confirm your withdrawal.
Within 1-2 business days after preparing money for withdrawal, you should be able to withdraw it. Cash withdrawals must be collected within 10 days, otherwise they will be refunded. You can cancel your withdrawal request by selecting it from the list of operations and clicking “Cancel”.
EFT requests will only be processed during normal business hours and can only be made to a South African bank account held in your name.
|Payment method||Minimum Withdrawal||Maximum Withdrawal||Withdrawal time|
|Bank Transfer||R50||R1 000 000||Up 1-2 business days|
|Betting Shop||R10||R1 000 000||Up 1-2 business days|
As of August 2023, there is no mobile app available at BetOlimp. If BetOlimp develops an app, you can check out our App BetOlimp review.
BetOlimp in South Africa offers live betting for a wide range of sports. From popular ones like soccer, tennis, and basketball to others such as Esports, volleyball, snooker, and badminton, there’s a lot to choose from. If you’re looking to bet on a live game, this platform might have what you’re searching for.
To help bettors make decisions, BetOlimp provides live scores, live statistics and a timeline that shows what’s happening in the game. It’s a convenient way to stay updated on the events you’re betting on.
However, BetOlimp doesn’t offer live streaming. So, if you want to watch the game during live betting, you’ll need to find another way to view it. There are only graphical representations of events available.
On a number of major sports, BetOlimp’s margins were reviewed at different levels. BetOlimp offers some of the best odds compared to other South African bookmakers. Top football margins are around 3% for both Winner and Over/Under markets, which is good. Below is a table that shows margins for different sports and levels:
|Sport||League||Date||Match||Margin on 1×2||Margin on O/U|
|Football||English Premier League||25/08/2023||Chelsea FC vs Luton Town||3.63%||3.59%|
|Football||LaLiga, Spain||25/08/2023||RC Celta de Vigo vs Real Madrid||3.26%||3.23%|
|Football||Premiership, South Africa||25/08/2023||Cape Town Spurs vs Chippa United||6.48%||5.96%|
|Tennis||ATP, US Open Men Singles Qualification||24/08/2023||Daniel T. vs Hong Seong-Chan||5.65%||5.82%|
|Basketball||NBA, USA||25/10/2023||Denver Nuggets vs Los Angeles Lakers||3.96%||4.80%|
|Rugby||Rugby League, Super League, England||25/08/2023||Salford Red Devils vs Wakefield Trinity||6.62%||–|
|Cricket||Caribbean Premier League, West Indies||26/08/2023||St. Lucia Kings vs Trinbago Knight Riders||6.46%||–|
OLIMP (Pty) Ltd, which trades as BetOlimp, holds a registration number of 2007/024997/07 and is fully licensed and regulated by the Western Cape Gambling & Racing Board. This means that when you’re placing a bet on BetOlimp, you’re doing so on a platform that adheres to stringent standards set out not only by the Western Cape Gambling & Racing Board but also the National Gambling Board and the Financial Intelligence Centre Act.
However, it’s essential to approach gambling with caution and awareness. Betting always carries risks, including the potential loss of money. BetOlimp strongly advises its users to gamble responsibly. It’s imperative to remember that no one under 18 is allowed to place bets. And for those who might find themselves struggling with gambling, BetOlimp offers assistance. If you or someone you know needs guidance, the National Responsible Gambling Programme offers a toll-free counselling line at 0800 006 008. Additionally, support is available through WhatsApp or SMS at 076 675 0710.
BetOlimp Contact & Customer Service
BetOlimp customer service does not have 24/7 support, although they reply quickly and politely. They work from 07:00 am to 01:00 am, 7 days a week. The following support channels are available:
- Live Chat
- Phone: 021 020 1266
- Email: [email protected]
- Post: PO Box 16118, Vlaeberg, 8018
BetOlimp Comparison with Alternative Bookmakers
When choosing a bookmaker, it’s necessary to compare features across different platforms to find the best fit for your betting needs. Below you will find a comparative table of BetOlimp against other popular South African bookmakers: Betway, Gbets, and WSB.
In terms of market variety, BetOlimp South Africa scores decently with an 8 out of 10, putting it ahead of both Betway and WSB. When looking at bonus offers, WSB leads the pack with a 9, while BetOlimp and Gbets are closely matched at 7 and 8, respectively. In the realm of payment methods, BetOlimp has the upper hand over its competitors, scoring a very solid 7. However, the area of streaming and mobile apps is a clear weak point for BetOlimp. Lastly, for both sign-up & customer service and ease of navigation, BetOlimp performs well with a score of 8. In summary, BetOlimp offers a good balance across most features but falls short in streaming and app availability.
|A range of markets||8||6||10||6|
|Sign-up and support||8||9||8||8|
|Ease of Navigation||8||9||7||7|
BetOlimp: 100% First deposit bonus up to R3000