As a gambling company, BetXchange kicked off operations far back in 1988. The brand concentrates on the South African market and operates with a license from the Western Cape Gambling and Racing Board.
Are you considering joining the site? If so, you’ll have to confirm the quality of its exchange offerings. That was the drive behind this review, as BetZillion analysts signed up and tested BetXchange firsthand. We recommend checking our verdict to know whether we advise using the platform.
BetXchange Website & Account Info
What initially started at Keith Ho Racing has now turned out to be one of the largest betting platforms in South Africa. And a whole lot more countries if you consider the online platform. It is our BetXchange review where we plan to discuss the details of this brand.
If you search for Keith Ho on Google, you’ll find out he’s an accomplished figure in horse racing betting. He single-handedly developed this brand from the ground up. Most importantly, he kept it this way. BetXchange is still a family-owned operation!
Since its inception in 1988, Keith Ho has been trying to make the betting paradigm more accessible to the punters of South Africa. It only dealt with local races until 2002. That’s the year when it rebranded itself and acquired a license from Gauteng Gambling Board.
Since then, the company has been renowned for its spectacular odds, reasonable prices, and easier access to deposits and withdrawals. But to enjoy that, you first need an account with BetXchange sportsbook.
How to Get Started at BetXchange
So, you’re ready to open your real money account with BetXchange bookie. Here’s how to do it.
- Step 1: Navigate to the BetXchange website by clicking our link.
- Step 2: Click on the “Register” button on the website to trigger the form. Enter all the information it asks for and confirm your account.
- Step 3: Use any banking method to deposit funds for the first time in your account. Don’t forget to check out any minimum deposit requirements if you’re going for the welcome bonus.
- Step 4: It’s time to place a bet. Choose an event that you see fit. If the odds are in your favour, add it to your bet slip.
- Step 5: If you’re lucky enough to win the bet, withdraw the winnings from the cashier menu. You’ve now completed the BetXchange experience.
BetXchange Quick Facts
📅 Year Established | 1988 |
🤑 Welcome bonus | ➖ |
📱 Mobile application | ➖ |
💵 Minimum Bet | R3 |
🔝 Maximum Profit | R3000000 |
↩️ Payout Percentage | 95% |
🖱️ Live (In-Play Mode) | ✅ |
📺 Live streaming | ➖ |
💸 Cash Out | ✅ |
🎰 Other Products | Casino, lotto, poker |
Banking Methods at BetXchange
To use the BetXchange online platform, it’s best if you go with online payment methods.
Min. deposit | R10 |
Deposit Charge | Free of charge |
Min. Withdrawal | R100 |
Withdrawal time | Up to 3 working days |
Payout | 95% |
What methods did we find in our BetXchange review, you ask? Let’s find out!
Deposit Methods
To be transparent, the payment options at BetXchange bookie are pretty limited. It only offers 4 methods of deposit at the time of writing. You may use direct bank transfers (EFT), I-Pay, credit cards, or vouchers.
For bank transfers, you can send the money directly into a BetXchange account in ABSA Bank, Standard Bank, Nedbank, or FNB Bank. The details, including the account numbers and the branch codes, are shared on the banking details page of the website. It would be convenient also to have the possibility to deposit cryptocurrencies, but BetXchange doesn’t have them, so we offer you our list of bitcoin sports betting sites if this is important for you.
You can also walk into any of these banks and deposit cash if you want. Remember that it might take 48 hours for the bank to credit the money in your BetXchange account.
As for limits, none are specified. Whatever minimum and maximum limits your selected payment method has, that’s what you will use.
Withdrawal Methods
The methods you used for the deposit will also work for withdrawals, minus the vouchers. Missing Paypal, don’t you think? If you need to withdraw to Paypal, choose another bookmaker from the betting sites that take Paypal.
You can withdraw as little as R10 from your account and whatever maximum the selected method offers.
BetXchange Bonuses
If bonuses and promotions are something to go by, very few betting companies are close to BetXchange. Its promotions page is filled with various Fantasy Sports bonuses, weekend bonuses, price boosts, and whatnot. This section sorts the promotions by date, and they’re primarily time-sensitive. So, every time you enter that page, you might find different bonuses.
But one bonus is constant, and that’s what most online punters are after. We’re talking about the welcome bonus, of course. So, let’s take a look at the BetXchange bookmaker registration bonus.
BetXchange Welcome Bonus
You’re eligible for the welcome bonus if you’ve never interacted with BetXchange. If you deposit at least R10 the first time, you get a 100% match from the operator. It can go as high as R10,000, so you’ll have to deposit R10,000 too.
To unlock this bonus for withdrawal, you have to wager it only 10 times within 1 year. Yes, you read that right. BetXchange grants a massive 365 days for South African punters to comply with the rollover requirements.
What to Bet On
There’s “bet” right on the name.
Number of Sport Games | 29 |
Number of Sport Events | 468 |
Live Events Daily | 487 |
Live Events Monthly | 14610 |
Pre-match Events per Month | 17560 |
It’s only evident that we found plenty of betting activities in our BetXchange review.
Sports Betting
Traditional sports are the most significant area for betting on the platform.
Available Sports
You can choose between tennis, rugby, cricket, golf, Aussie Rules, American football, boxing, basketball, darts, snooker, table tennis, or any major sports you can think of.
Sports Competitions, Leagues, and Events
We’ve left out one section of the sports library in the previous section. It’s horse racing betting. As a bonafide horse racing betting legend, Keith Ho has done an excellent job of populating online horse bets.
You can wager on races from all over the world. Countries like France, Ireland, South Africa, the UK, Sweden, and the USA are most prominent in international races.
Special Events
There are many interesting special events to bet on, such as the U.S. presidential election or another international song contest, such as the Eurovision Song Contest.
BetXchange allows you to bet on some of them.
Esports Games
BetXchange is not interested in esports, unfortunately. You won’t find lines here for any esports games or events.
Mobile Betting
A truly immersive online experience means you can access the services anytime and anywhere. And for the “anywhere” part to be accurate, you must be able to use the service on your phone. BetXchange is aware of the need for mobile compatibility and has certainly delivered.
You can navigate to the website from any of the devices you own. It might be an Android, an iOS, a Windows, or even a Linux. If you have a browser, you can go for mobile betting on BetXchange.
BetXchange App
Unfortunately, there is no BetXchange mobile app at the time of writing. While we assure you that you won’t need the app because the mobile platform is so good, having an app never hurts. It eliminates the extra steps of opening the browser and typing in the URL. Also, an app helps optimize the betting experience according to the punter’s needs.
Live Betting
The leading BetXchange site has a dedicated section for Live In-Play bets. These are all wagers from live matches all over the world. You can pick from a massive library of events for tennis, soccer, basketball, rugby, darts, basketball, and so on. This section updates from time to time as the inventory of live matches changes around the world.
You’re going to find the most markets for soccer as there is the most number of events ongoing at any given moment. The markets include traditional ones like 1×2, double chance, totals, both teams to score, and unique props like odd/even goals.
BetXchange Pros & Cons
Before you jump into the betting site and start making real profits, we believe you’re curious about the pros and cons of that decision.
PROS | CONS |
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PROS
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CONS
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BetXchange Odds
The default odds format at BetXchange bookie is decimal. The decimal odds are direct multipliers for your stakes. The only other format you can choose is fractional. While these 2 formats are enough for most punters in South Africa, the platform should’ve offered American odds as well. After all, it’s one of the significant formats worldwide.
Sports | Historical Odds |
---|---|
⚽ Football | 93.71 % |
🏀 Basketball | 91.39 % |
🎾 Tennis | 92.39 % |
🏏 Cricket | 92.25 % |
👍 Overall | 94.82 % |
The analysts update the odds based on the outcome and forecast. As for the competition of the odds, we found it solid during our BetXchange review. It’s just as accurate as the premier online betting sites.
Other Products
As the name suggests, BetXchange is primarily a betting exchange that specializes in horse race betting. But you can also participate in traditional sports betting, as in the pre-match bets. We’ve already covered the live in-play section on the website, where all the live bets are located.
Besides regular betting options, the BetXchange bookie allows you to bet on games, purchase lotto tickets, offer statistics for various events, and so on. It’s a full-on betting company that caters to all South Africa’s betting needs.
Contacts & Support
As a family-owned business, BetXchange has excellent customer support. The live chat button is available in the bottom right corner of the website. It’s the fastest and most effective channel for communication all over.
Support email | customercare@betxchange.co.za |
Support Phone Number | 011 712 4716 |
Live chat | Yes |
You can walk into the Gauteng office directly to complain. Or, you can call the support team at 011 712 4716. And if you want to send emails, send them to customercare@BetXchange.co.za.
BetXchange Verdict
In South Africa, online betting doesn’t get any better than BetXchange. It’s a reputed platform created by Keith Ho for bet professionals worldwide. The start might have been with horse racing only, but the business has flourished as a fantastic betting platform.
Frequently Asked Questions
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Is BetXchange legal?BetXchange is an entirely legal entity in SA with a license from Gauteng Gaming Board.
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How to sign up for a BetXchange account?You visit the website and fill up the registration form. We have a step-by-step guide at the very beginning of our BetXchange review.
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How to make a deposit and cash out from BetXchange?Once your login is complete, you can find the deposit and withdrawal buttons in your account interface. Choose the method you want to use and request a deposit or withdrawal.
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Does BetXchange have a mobile app?Unfortunately, no. BetXchange doesn’t have a mobile app at the time of writing.
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5.0
in fact I've had a great experience with BETXCHANGE. The platform is user-friendly, offering a wide range of betting options. Their competitive odds, reliable customer service, and seamless transaction process make it a top choice for me
5.0
As a South African punter, I appreciate that it's a local bookie with a solid reputation. Their odds are pretty competitive, especially on horse racing, which is their forte. I've managed to pull in some decent winnings thanks to their sharp prices.
2.0
I couldn`t withdraw my funds
5.0
BetXchange offers some of the most competitive odds in the market, which is their significant advantage. Additionally, the promotions and bonuses are fantastic!
5.0
Great and responsive customer support.