The South African betting industry is worth close to $4 billion annually. It has been growing steadily over the last few years, in part thanks to the proliferation of online operators and increasing internet penetration. Apart from lottery ticket sales, there are a number of different ways you can bet on sporting events and other activities. These include virtual sports, e-sports and bookmaker services. Given the small size of South Africa`s betting market at present, new players need to find innovative ways to stand out from the crowd. IVIBET is one such operator that has made quite a splash with its initial launch in August 2018. Let’s take a look at what this new betting platform offers…
Why Choose IVIBET?
There are some reasons why you would like to choose IVIBET:
- Established brand with a promising future - IVIBET is new but has two major investors behind it. This suggests that the company is serious about its future and has the financial muscle to achieve growth.
- Strong product and great design - The IVIBET platform is responsive, fast and easy to use. It has a mobile-friendly design that makes it easy to place bets on the go.
- Attractive welcome offer - New customers will receive R1,000 in free bets along with a 50% bonus on their first deposit.
- Good selection of sports to bet on - The IVIBET betting platform has been built around 10 core sports: Football, Tennis, Basketball, Cricket, Motorsport, Rugby, Ice Hockey, American Football and E-Sports. This means that you will always have something to bet on.
- Good range of payment options - Online gamblers can deposit and withdraw funds using all major credit cards, debit cards and e-wallets.
- Excellent customer support - IVIBET has a telephone numbers and an online chat function. It also has a Facebook page and Instagram account.
How to Registrate on IVIBET?
It is very easy to register an account and place bets on the IVIBET platform. The entire process takes just a couple of minutes. There are two ways to get started:
- By signing up directly through the operator’s website, www.ivibet.co.za - If you already have an account with a different bookmaker, you can also transfer your funds to IVIBET. To do so, you will need to send an SMS with the word “transfer” to the IVIBET account number.
- You will then receive an SMS with a verification code. Type this code into the “Transfer Funds” section of the IVIBET website. You will be asked to enter your name, email address and password. You will also be asked to select a login password.
Deposit and Withdrawal Methods
Here some deposit and withdrawal methods and you can choose the one you need:
- E-Wallet - IVIBET accepts deposits only from Neteller and Skrill. There is no fee for depositing funds via these methods. However, withdrawing funds via e-wallet incurs a 5% processing fee.
- Credit/Debit Card - This is one of the easiest and most convenient ways to fund your account. The minimum deposit amount is R50 and the maximum is R1,000.
- Neatly withdraw your winnings via credit/debit card as well. However, keep in mind that IVIBET charges a 5% fee for this service.
- Bank Transfer - If you choose to fund your account via bank transfer, the minimum amount is R50. The maximum amount is R10,000. You can use any South African bank to do so.
How to Place a Bet with IVIBET?
There are three steps involved in placing a bet on the IVIBET platform: - Search for the sporting event you want to bet on - Once you search for your event, you will see a list of possible outcomes. Select the outcome you want to place a bet on - Once you have selected your outcome, you will be shown available odds.
- Select the amount you want to bet - IVIBET allows you to bet as little as R1 per sporting event. To select the amount you want to bet, use the “Bet Amount” slider. You can view your total profit and loss at the bottom of the screen.
- Create an account if you do not have one - It is important to create an account. This not only helps you keep track of your betting history, but it also allows you to withdraw your winnings.
- Finalise your bet and confirm - You will be redirected to a confirmation page with a summary of your bet. Simply click on “Finalise Bet” and your bet will be processed.
Sports for Betting at IVIBET
You can bet on a wide range of sports on the IVIBET platform. These include: Football, Tennis, Basketball, Cricket, Motorsport, Rugby, Ice Hockey, American Football and E-Sports. Football is by far the most popular sport to bet on. There are a number of different markets to choose from and each one has different odds. For example, you can place a bet on which team will win the match, as well as who will score the most goals. You can also bet on which team will win to nil, as well as the correct score. There is also a wide range of tennis matches to bet on. You can choose to bet on which player will win the match, as well as which player will win the set. You can also bet on which player will break their opponent’s service or which player’s serve will be broken.
Bonuses and Promotions
New customers who sign up for an account at the IVIBET sports betting platform will receive R1,000 in free bets along with a 50% bonus on their first deposit. These are referred to as the welcome bonus. There are also various other promotions that change from time to time. You can find out about them by visiting the operator’s website or by logging into your account. The representative from IVIBET also informed us that there are ongoing special promotions for specific sporting events, like the Rugby World Cup. There are also special offers for new customers from time to time. You can keep an eye out for these promotions by visiting the website or by logging into your account.
The IVIBET mobile app is available for both Android and iOS users. You need to have an account at the online sports betting platform before you can download the app. To get started, you will need to log into your account via the app. You will be required to enter your login password. Once you have done so, you will be able to place bets, receive notifications and access your account balance. The app also allows you to withdraw funds from your account. You will need to submit a withdrawal request via the app and your account manager will process it. The minimum amount for a withdrawal request via the app is R50. However, it is important to note that withdrawals via the app incur a higher fee than those made via the IVIBET website.
What are the minimum and maximum bet amounts at IVIBET?
The minimum bet amount is 0.01 mBTC. The maximum bet amount is 10 mBTC.
What are the ivibet wagering requirements?
The ivibet wagering requirements are x40 the bonus amount.
What are ivibet's deposit and withdrawal options?
IVIBET offers the following deposit and withdrawal options: Bitcoin, credit cards, eWallets, wire transfer