Deposit Money Safely at Betfred: Our Step-By-Step Guide for 2024

Betfred is one of the top betting choices among punters in South Africa, where they can bet on pre-match and live sports events, play traditional and live casino games, wager on eSports, and explore other services. To engage in any of these activities, you have to make a Betfred deposit. Therefore, this Betfred review will cover the following topics to help you get started with the bookie:

• Deposit options
• How to make a deposit?
• Deposit limits and fees
• Common deposit problems and how to solve them

🔍 How Do I Make a Deposit on Betfred in South Africa?

After you complete the Betfred registration, you must make a deposit before you can place bets on the site. We tested the deposit process, and it’s quite intuitive. Moreover, our expert guide reveals how to deposit with Betfred:

1. To start with, visit the operator’s site or open the Betfred app and log in.
   
2. Then, press the ‘‘Deposit’’ button at the top of the home page.
3. Furthermore, select one of the available deposit methods, such as Vouchers, EFT, or Peach Payments. Ideally, choose the payment method available on the Betfred withdrawal page.
4. Next, enter the amount you wish to add to your balance.
5. Afterwards, provide the required payment information.
6. Finally, confirm the transaction.

Additionally, by conducting research on this bookmaker, we also discovered the Betfred deposit bonus. So, players who wish to use the Betfred promo code can claim a welcome bonus on their first deposit.

🏆 Popular Deposit Methods on Betfred in South Africa

Recent investigations show that most bookmakers accept credit cards, EFT, and Ozow, as they are widely popular among local punters. Moreover, we have found that the operator offers all these options. Below, you can take a look at a complete list of the Betfred deposit methods:

• Vouchers (Blue Voucher, OTT Voucher, and 1Voucher)
• Instant EFT
• Ozow Instant EFT
• Peach Payments

In the following sections of this review, you can learn about the benefits and setbacks of each deposit option. Thus, our investigations allow you to make an informed decision about choosing the deposit method that suits your needs.

Vouchers

We tested this Betfred deposit method and discovered it is flexible, convenient, and secure. On the other hand, you have to purchase Vouchers whenever you wish to make a deposit.

In addition, this is how to deposit with Betfred using a Voucher:

1. To begin with, log in to your betting account.
2. Next, tap the ‘‘Deposit’’ option at the top of your screen.
3. Then, select OTT Voucher, 1Voucher, or Blue Voucher.
4. Moreover, indicate the preferred deposit amount.
5. Also, enter your Voucher code and mobile phone number.
6. Lastly, submit the payment request.

Instant EFT

We tested Instant EFT and found out it is secure, easy to use, and has flexible deposit limits. Nevertheless, note that the transactions are not easily reversible.

Our expert guide reveals how to deposit with Betfred using Instant EFT, step by step:

1. Once you log in, navigate to the deposit section.
2. Choose Instant EFT from the menu.
3. Type in the amount you would like to add to your balance.
4. Select your bank and log in to your account, after which you will receive a confirmation code.
5. Finally, enter the verification code on the deposit page to complete the Betfred deposit South Africa.

Ozow Instant EFT

Ozow is another popular deposit solution because it is fast, free, and doesn’t require you to register or use a bank card. However, you should know that it accepts limited banks. Therefore, we rate Ozow with a 4.5/ 5.

Furthermore, take a look at our expert guide on how to deposit with Betfred using Ozow:

1. Firstly, log in to your Betfred account.
2. Furthermore, select ‘‘Deposit’ from the top of the main page.
3. Then, click ‘‘Ozow Instant EFT.’’
4. Moreover, type in the desired deposit amount.
5. In addition, select the chosen bank and add your banking information.
6. Finally, confirm the payment.

Peach Payments

Lastly, you can make a Betfred deposit through Peach Payments. It is fast, safe, and convenient, while fees aren’t high. On the other hand, Peach Payments only offer credit cards, so we rate this deposit solution with 4.7./ 5.

And here is how to deposit with Betfred using Peach Payments:

1. When you log in on the Betfred site, navigate to the deposit page.
2. Pick Peach Payments.
3. Input the preferred deposit amount.
4. Select your credit card and enter your card details.
5. Complete the authentication process to make a deposit.

Finally, you can compare the deposit methods in the table below:

❓What’s the Minimum Deposit Amount per Payment Method on Betfred?

Now that you know how to deposit with Betfred, take a look at the payment limits of all the Betfred deposit methods:

However, if you wish to claim the Betfred deposit bonus, check if there is a minimum qualifying deposit to make. It may not correspond to the minimum deposit limit of the chosen deposit option.

🌟 Tips for Making a Successful Deposit at Betfred

Moreover, these are the best deposit practices at Betfred that will help you make hassle-free deposits each time:

• Verify your account before you move on to make the first deposit.
• Choose the deposit solution that suits your needs based on the information provided in this review.
• Check your balance before you initiate the deposit process to know how much you can request.
• For the same reason, familiarise yourself with the deposit limits of the chosen deposit solution.
• Check whether all the details you’ve entered are correct and there are no typing mistakes.
• Keep in mind that the Betfred deposit South Africa takes more time to process during the weekend, so don’t panic.
• If you wish to explore the Betfred deposit bonus for new customers or any other deposit offer, read through their Terms and Conditions.

❌ Common Deposit Problems at Betfred and How to Solve Them?

After completing our research, we discovered you shouldn’t experience any problems during your Betfred deposit South Africa. However, if you do, it’s most likely on your part, and you can easily solve it.

Below are common deposit problems and best deposit practices at Betfred to help you avoid and prevent them:

• Insufficient balance: You will encounter an issue if you request an amount exceeding your balance. Therefore, check your account balance before you proceed to the deposit page.
• Unsupported amount: When depositing on Betfred, you must be careful about the deposit limits. Every payment option has minimum and maximum deposit thresholds. So, your request will be rejected if the entered amount is below or exceeds the allowed amount.
• Incorrect details: If you enter incorrect payment details, you won’t be able to complete the transaction successfully. Therefore, double-check for any typos before submitting the Betfred deposit form.

Deposit With Betfred in South Africa – FAQs

You can learn more about depositing on Betfred by reading this FAQ section.

What are the different methods available for making a deposit on Betfred?

Betfred deposit methods include Vouchers, Instant EFT, Ozow, and credit cards through Peach Payments.

How do I make a deposit on Betfred using a credit or debit card?

To make a deposit via credit card, log in to your account and visit the deposit section. Then, choose Peach Payments and enter the desired deposit amount. Additionally, select your credit card, provide the payment details, and verify it is you who wants to make a payment. Finally, you should receive a confirmation message that your deposit has been successful.

Are there any fees associated with making a deposit on Betfred?

Depositing on Betfred doesn't involve fees, although the chosen payment provider may include a set fee percentage.

What is the minimum deposit amount on Betfred?

We have found that R10 is the minimum amount to make a Betfred deposit South Africa for all the deposit options.

How long does it take for a deposit to be processed on Betfred?

Thanks to the best deposit practices at Betfred, your request will be processed the same day unless it is a weekend.

Are there any bonus offers available for making a deposit on Betfred?

Yes. You can claim the Betfred deposit bonus for new customers, while the Midweek Deposit Bonus is available to existing players.