South African Online Casinos Using Alternative Banking
Our South African online casinos banking guide takes a closer look at the SA laws and restrictions. We take a look at SA online casino gambling laws. Shed light on tax incomes from local casinos and other forms of betting. Thus, explains why it is in the SA gambling board’s best interest to maximize on tax-paying land-based casinos.
In preventing online casino gaming, SA banks are not allowed to honour online gambling transactions. An array of international online casinos caters for South Africans by not only accepting ZAR but also offering generous bonuses. It is actually only the tip of the iceberg when it comes best 2020 SA online casino benefits.
The benefit of Playing at Top SA Online Casinos
Top SA online casino benefits include outstanding bonuses, hundreds if not thousands of games and loyalty rewards. On top of that, you have access to 24/7 assistance in a safe and secure environment. Best of all, online casino entertainment is all about convenience, whether you play at home or on the go.
Safety & Security at SA Online Casinos
Your safety and security are a priority at regulated and licensed Top ZAR online casinos. To guarantee your privacy operators use SSL encryption technology, equal to that used by banks and other financial institutions. All details you supply and any other correspondence between your and the casino remain private.
Bonuses at SA-Friendly Online Casinos
One of the biggest benefits, when you join any SA-friendly online casinos, is the range of bonuses. It is 100% possible to start playing without spending a cent at free spins no deposit casino South Africa. To claim a no deposit bonus, you only need to register and activate your account via the link sent by email. It’s the perfect opportunity to win without spending and at the same time, you can explore the casino.
Your first deposit at SA-friendly online casinos unlocks a welcome pack. These come in many forms and can include one up to five percentage-based bonuses. Others combine deposit bonuses with free spins. For example, a 100% welcome bonus, instantly doubles the amount you invested. It not only increase your odds of hitting an awesome win but also prolongs your enjoyment. Once a member you have access to daily, weekly and monthly promotional offers. You can also share in huge tournament prize-pots while competing and getting your name on the leaderboard.
SA online casino loyalty and VIP reward programs use points to thank you every time you wager. The more you enjoy yourself the better since you can exchange your points for bonuses whenever you want. Collect enough points and you reach a higher level, which means an increase in rewards and bonus sizes.
Exciting Games at South African Online Casinos
The extensive choice of highly enjoyable games at SA online casinos offers fair play. Online casino games pass severe tests by independent testing agencies to ensure randomness and fair outcomes. Online SA casino membership not only gifts you with access to thousands of slots, table/card and live dealer games. But, also the biggest progressive jackpot, while the graphics and sound effects are superb.
If you’re a South African that loves braaivleis, rugby and everything else that’s exciting. You’re in for a treat at online SA casinos, new games launch all the time. You can test and try each one before you buy in fun or free mode. It allows you to get familiar with the bonuses and rules before enjoying real money play.
South African Online Casino Gambling Laws
In South Africa, the National Gambling Board controls and regulates all forms of gambling. According to the National Gambling Act2004 updated via the National Gambling Policy 2016, casino licenses are limited to 40. The country 1.22 million km² in size is home to 0.76% of the total population in the world. Depending on your location and where the nearest casino is situated, it could take a bit of driving. Therefore, it is understandable that a large percentage of the 59,303,690 South Africans seek online entertainment.
The 2016 law amendment also stipulates that the number of casino slot machines are limited to 50,000 in total. Even with the strict rules in place, the gambling sector continuous to show growth. The number of South Africans enjoying any form of gambling is not confirmed, although it is estimated that one in every 10 does gamble.
Growth wise the gambling industry shows a 3.8% increase from 2015/16 to 2016/17. Growth for the period 2016/17 to 2017/18 is 6.7% and 7.0% from 2017/18 to 2018/19. Reports show that the 2018/19 amount wagered is R425,595,013,152. Taxes and levies collected 2017/18 to 2018/19 is R3.1 billion. Figures that confirm that the SA gambling industry has incredible growth potential. These do not reflect activities at SA online casinos.
The law also says that online casino play is illegal, apart from online betting at SA licensed bookmakers. To enforce the law and prevent online casino gaming, banks are not allowed to process online casino transactions. The rule is that should you ignore the law, your winnings will get confiscated even before it reflects in your bank account. In other words, if you use alternative payment methods you can still claim your winnings.
Alternative Deposit & Withdrawal Options Available at Top SA Online Casinos
The advantages of using alternative banking methods at online casinos include instant deposits, fast withdrawals, low costs and top security. Several banking options replace the use of bank transfers and credit cards at Top SA online casinos.
Cryptocurrencies
Cryptocurrencies such as Bitcoin is not only the preferred choice for security-conscious players but also highly affordable. If you wonder how cryptocurrencies perform in South Africa, according to reports the daily trade average for Bitcoin is R90 million. Bitcoin deposits at online casinos clear instantly and withdrawals are in most cases the same day.
EasyEFT
EasyEFT provides online players from South Africa a convenient way to fund their online casino account. Trusted by millions as a credit card free online purchases. With EasyEFT it is not the only convenience that counts in favour but also affordability. The reliable system offers you safe and instant transfers in ZAR. The advantage of this payment system is that you won’t need to supply the casino with your credit card details.
SiD
SiD is one of the most secure EFT options available to online casino enthusiasts in Southern Africa. It’s one of the easiest and fastest ways to make quick payments online without using your credit card. The reason why this is one of the most popular payment options is that you can rely on bank-level payment security. You also do not need to sign up and you can transfer cash from your tablet, desktop and mobile device instantly.
Neteller
Neteller is a money transfer service accepted at all SA-friendly online casinos. The award-winning ewallet offers you a safe, secure and most reliable way to fund your casino account. Signing up is free, quick and easy and this payment solution is a great way to withdraw your winnings. If you love casino games from the comfort of your home. This is the easiest and safest way to pay and play whenever you want at the best SA online casinos.
ecoPayz
ecoPayz is one of the most preferred payment options available when it comes to funding your SA online casino account. The global payment service provider offers safe, instant payment services to players worldwide. The Sussex Super Growth Award winner increase easy usability via its EcoAccount app available on Android and iOS. 2-Step verification ensures you enjoy an extra layer of security during all transactions.
Credit Cards
South Africans cannot use credit cards to fund their online casino accounts. Although there is a way around this, you can use your credit card to fund the alternative payment options. The biggest benefit of using alternate accounts is that you won’t need to share your credit card details. You also have much better control over your budget, which means it’s a win-win situation.
Skrill
Skrill is another popular e-wallet service enabling you to pay and shop online. You can also transfer cash from anywhere in South Africa. Skrill is an electronic wallet that works very much in the same way as your bank account. You can use it to transfer money and receive cash in the fastest and simplest way.
If you’re ready to set off on a SA online casino adventure, you need to quickly register for your free Skrill account. The trustworthy e-wallet offers your instant transfers and online shopping at thousands of stores. Thousands use this service to enjoy hassle-free investing, betting and transferring.
Conclusion
Online SA friendly casino free spins, promotions and bonuses most certainly boost your chances of enjoying substantial profits. After a long day in the office and heavy traffic, online casinos offer you the most entertaining way to relax. Let some steam off and enjoy a truly impressive choice of well-designed and super exciting games. Alternative payments make it possible for you to join millions and you could walk away with a generous profit.
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