Are you current on the latest developments in South Africa’s betting industry? This update relates to one of the most prominent gambling names worldwide, and that’s the British company Betfred which recently bought.
We believed it would be beneficial to provide you with a brief overview to help you decide on the best betting options available Lunchtime Results 2023 And Teatime Results to South African players.
Who are ‘Betfred’ and ‘Betting World’?
Bookmaker Betfred is an UK company based in the UK that Fred Done founded a few years ago, in the year 1967. The company that started out as one shop eventually grew into a huge empire that might have reported revenues up to 10 billion dollars. Do some quick calculations and you’ll find that, at the rate of exchange in 2022 this is about R200 billion!!
The incredibly powerful gaming firm is now located in South Africa too.
Betfred’s entry point in their entry point into the South African gambling industry is through Betting World. The brand first appeared on the scene of betting in 2006 in 2006 and it is one of the subsidiary companies of Phumelela. Phumelela is an internationally renowned racetrack and betting firm that , up until January 2021, was listed in the JSE.
Over time, Betting World grew as a bookmaker for retail and operated several sportsbooks in the nation. Fans knew them for their impressive betting lines on sporting picks that everyone liked.
Relevant Post Teatime Results For Today 2023
What Exactly Happened Between Betfred and Betting World South Africa?
The global lockdowns have certainly affected brands such as Phumelela. The brand eventually had to undergo an emergency business rescue procedure to settle the debt of more than $300 million.
According to Betfred’s viewpoint the company has been looking to be a part of the betting market in Africa for quite a while. Based on Phil Siers, Betfred’s Chief Commercial Officer, the company is eager to invest in Africa.
In 2022, Betfred will have its own brand name within South Africa. South African market, thanks to the acquisition of Betting World.
According to some reports, the deal involved a payment of approximately PS6.1 million (around R120 million). However, the parties haven’t yet provided confirmation or a specific amount as of the time of writing.
Are these good Or Bad News for South Africans?
It’s good that a foreign company is now playing a major part for South Africans’ online gambling experience?
The experts claim that this is the case, as it opens up a lot of possibilities for residents. They offer an array of betting activities, such as live lottery, sports betting, or horse races.
Additionally, many would see the UK as the source for the popular 49’s lotto gambling… and today, there’s a reputable brand in the South African scene, that will give you access to more betting options, and hopefully better odds.
There are those who believe Betfred is the UK’s main service provider in the field of lotto betting. What UK players have, South Africans can now possibly also benefit from. Therefore, more international gaming standards are likely to be accessible to SA.
How Does This Affect You?
Anyone who is interested in these changes can take a peek at the new site. On comparison sites as well as resources platforms such as Bet49s, you’ll be able to take advantage of the amazing odds of this international brand to take into consideration.
Betfred Launch–What to Look Forward to
If you’re looking to figure out how you’ll make use of the advantages offered by Betfred in SA Here are some suggestions to think about.
>> Better 49s Lotto Odds–We Hope
To begin, don’t think that a brand new, international brand will always be the most effective. This is exactly why a website such as Bet49s.co.za is so useful.
We’re hoping that the brand will be able to impress the new customers. Also, be sure to keep an eye out for updates as we expect them to offer better odds for the 49s lotto soon.
>> Wide Range of Lucky Numbers
If you’re looking to increase the excitement of your betting online then the Betfred platforms are a great location to start. They offer a broad variety of options, with lots of lotteries you can choose from.
>> The Unique Nifty Fifty
One of the most popular games within The UK is Nifty Fifty lottery. It offers five draws per day. It was the idea from Betfred the owner Fred Done. It’s not available in any other SA platform. We’ll be watching to find out if Fred will bring his PS5 million Nifty Fifty jackpot to South Africa (its currently available to UK as well as Irish customers)
>> Famously Favourable Offers
One of the main reasons Betfred is so well-known across the UK is because customers trust they will offer attractive deals. Although they are a large well-established company, they continue to offer customers are treated with respect. From special promotions to the odds you’ll be able to love There’s plenty to love about the Betfred way of betting.
Some of the offerings that are worth trying are:
R50 Bonus for signing up: Currently, Betfred provides new account holders with an R50 bonus just to sign up. The bonus will be deposited within your Bonus Wallet and it’s yours to use on your Desktop online or mobile. It should show within two minutes of signing-up. Also, make sure you make use of it within the first month to ensure it won’t run out. The players must utilize the Welcome Bonus with a single wager and will be eligible for the maximum amount of R500.
A $50 Refer-a-Friend Bonus: Account holders are eligible to claim the Refer a Friend bonus that is R50. There are some requirements and you must go over the small details. For one important thing, you must submit your claim within 2 days after your friend has opened the account.
You can stay up-to the minute about additional special offers and promotions, including the Triple Deposit Bonus through the promotion page.
Conclusion
Perhaps Betfred joining in the SA betting market could bring an exciting new look to the sector? The future will be interesting and we wish everyone involved greatest of success.
The most important thing we’d like us to communicate to all of our customers is to only place bets that you can be able to. Betting on Lotto should be enjoyable.
