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Playabets Deposit Guide – Payment and Withdrawal Methods 2024

Playabets Deposit Guide – Payment and Withdrawal Methods 2024

Playabets is one of the oldest betting sites in South Africa, having started its operations with retail shops long before the digital age. They offer various payment and withdrawal options for punters. Playabets has a fantastic first deposit match offer of up to R2,000 for new players. We will look at the most popular Playabets deposit and withdrawal options available to players and the limits and transaction times. 

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Playabets Deposit Methods 

Here is a list of the best deposit and withdrawal methods available on Playabets.

  • Credit/Debit Cards 
  • Ozow Instant EFT
  • 1Voucher
  • OTT Voucher 
  • Playabets retail shop
  • Capitec Pay

playabets deposit methods

Credit and Debit Card

Deposit Processing Time 0-24 hours, depending on your bank
Minimum Deposit Amount R50
Maximum Deposit Amount R100,000
Withdrawal Processing Time 24-48 hours
Minimum Withdrawal Amount R100
Maximum Withdrawal Amount R1,000,000 
Fees Free

OZOW Instant EFT

Deposit Processing Time Instant 
Minimum Deposit Amount R20
Maximum Deposit Amount R100,000
Withdrawal Processing Time Under 2 hours 
Minimum Withdrawal Amount R50
Maximum Withdrawal Amount R1,000,000
Fees R1 per transaction 

1Voucher 

Deposit Processing Time Instant 
Minimum Deposit Amount R5
Maximum Deposit Amount R5,000
Withdrawal Processing Time Under 30 minutes 
Minimum Withdrawal Amount R50
Maximum Withdrawal Amount R5,000
Fees Free

OTT Voucher 

Deposit Processing Time Instant 
Minimum Deposit Amount R5
Maximum Deposit Amount R5,000
Withdrawal Processing Time Under 30 minutes 
Minimum Withdrawal Amount R50
Maximum Withdrawal Amount R5,000
Fees Free

Playabets Retail Shop 

Deposit Processing Time Instant 
Minimum Deposit Amount R20
Maximum Deposit Amount R100,000
Withdrawal Processing Time Instant
Minimum Withdrawal Amount R50
Maximum Withdrawal Amount R10,000
Fees Free

Capitec Pay 

Deposit Processing Time Instant 
Minimum Deposit Amount R20
Maximum Deposit Amount R100,000
Withdrawal Processing Time Under 2 hours 
Minimum Withdrawal Amount R50
Maximum Withdrawal Amount R1,000,000 
Fees R1 per transaction 

Related Article:Playabets Registration

How to Deposit at Playabets

These are the easy-to-follow steps to deposit at Playabets:

  • Step 1: Log in to your Playabets account.
  • Step 2: Click the Deposit button at the top right of the home page.
  • Step 3: Choose your desired method of deposit.
  • Step 4: Enter the amount you are depositing and click the Submit button.

How to Withdraw Money from Playabets

Follow these easy steps to withdraw your funds from Playabets

  • Step 1: Log in to your Playabets account.
  • Step 2: Click on your account balance at the top right of the home page.
  • Step 3: Choose Wallet History from the drop-down menu.
  • Step 4: Choose Withdraw and select the method you prefer to use.
  • Step 5: Enter the amount you want to withdraw and click submit.

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Account Verification before Withdrawal

Playabets, like all other betting sites, requires that you complete your FICA verification before any withdrawals are permitted. To complete this process, you must submit a copy of your ID and proof of residence for at least three months. This could be a utility bill in your name or a bank statement. 

Related Article: How to play Aviator on Playabets

FAQs

What is the best way to deposit at Playabets?

If you have a banking app, then the OZOW Instant EFT is the best way, or if you prefer using cash, then the voucher method is best. 

What is the fastest way to deposit on Playabets?

Both the voucher and Instant EFT methods are processed immediately, and your account is credited. You can also deposit at any of the Playabets retail stores. 

Is it safe to deposit on Playabets?

Playabets is a fully legal site licensed by the KwaZulu Natal Gambling Board, ensuring all your personal information is safe.  

What do I do if Playabets won’t let me withdraw?

You must contact the Playabets support team as wagering requirements may still need to be met, or your FICA documents must be verified. 


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