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By Nico Fortuin · How we test
Licence & safety
Licence check
- Licensing authority
- Western Cape Gambling and Racing Board (Western Cape)
- Licence reference
- 10181496-011 (Raging River Trading (Pty) Ltd, 2011/134505/07; first issued 1 December 2016)
- Verified by us
- 3 August 2026 against this source (Operator-published footer wording, indexed 3 Aug 2026 — the suffix increments at renewal, confirm the live footer)
Always re-check a licence yourself before depositing — here's how (2 minutes).
Withdrawals & payout speed
| Method | Minimum | Fee | Operator claims | We measured |
|---|---|---|---|---|
| EFT to bank account | — | — | "1–2 business days" per Betway SA's own support channel | Not yet tested |
| ABSA CashSend | — | — | "Up to 24 hours" per Betway SA's own support channel | Not yet tested |
| FNB eWallet | — | — | "Up to 24 hours" per Betway SA's own support channel | Not yet tested |
| Standard Bank Instant Money | — | — | "Up to 72 hours" per Betway SA's own support channel | Not yet tested |
“Our tested time” is a measured reading from a real withdrawal per our methodology. “Not yet tested” means exactly that. We never estimate.
Deposit methods
Frequently asked questions
Is Betway legal in South Africa?
Yes — Betway South Africa states it is operated by Raging River Trading (Pty) Ltd under a Western Cape Gambling and Racing Board bookmaker licence. Our licence-check guide shows how to verify this yourself.
How long do Betway withdrawals take?
Betway's own support channel has stated EFT takes 1–2 business days, ABSA CashSend and FNB eWallet up to 24 hours, and Standard Bank Instant Money up to 72 hours. Our own measured times will be published after testing.
Changelog
- 3 August 2026 Initial listing after licence verification against the operator's published footer. Payout testing not yet performed.
18+ only. Gambling involves risk — never bet money you can't afford to lose. National Responsible Gambling Programme: 0800 006 008.