10Bet Welcome Bonus South Africa: 100% Up to R5,000

The 10Bet welcome bonus in South Africa gives new sign-ups a 100% match on their first deposit, up to a maximum bonus of R5,000.

To qualify, you need to register a new 10Bet account, select the 100% Welcome Bonus in the Cashier and then make a first deposit of at least R50. The bonus can then be used on Sports, Horse Racing, and Casino, but the wagering requirements are different depending on where you use it.

That’s quite important because the headline of “100% up to R5,000” sounds straightforward, but the amount of wagering required depends on whether you use the bonus for sports and horse racing or casino games.

Let’s have a look at how the current 10Bet welcome bonus works.

Claiming the current welcome offer is an easy three-step process.

● 1. Register your 10Bet account

Create a new 10Bet account and complete the registration process. Have a look at our [10Bet legitimacy check] if you’re unsure about 10Bet, or read our [10Bet registration & login guide] for a step-by-step guide. If this is your first time signing up for an account, you will be eligible for the new-customer promotion.

● 2. Select the 100% Welcome Bonus

Before making your first deposit, you need to decide which payment method is best for you. Read our [10Bet payment options guide] for more info, then go to the Cashier and select the 100% Welcome Bonus.

This step is important. The 10Bet terms specifically state that the promotion must be selected in the Cashier before making your first deposit.

● 3. Make your first deposit

Make a qualifying first deposit of R50 or more through one of the available 10Bet payment methods. Now you’re all set! The 10Bet new customer promotion will then match the qualifying deposit at 100%, up to the R5,000 maximum.

Note: Deposits using Cryptocurrency are not allowed for this promotion.

The maximum welcome bonus is R5,000.

Because the promotion matches your first deposit by 100%, you receive an equal bonus amount until the R5,000 ceiling is reached. For example, a R1,000 first deposit gives you a R1,000 bonus.

That means you would have:

• R1,000 cash deposit + R1,000 bonus = R2,000 total balance

However, the R1,000 bonus is not immediately withdrawable. The bonus is credited to a separate bonus balance where you must first meet the wagering requirements to be able to withdraw these funds as cash.

The 10Bet promotion gives you the option to use the bonus on either sports, horse racing, or casino. However, the wagering requirements are not the same for all of them. This is one of the most important parts of the offer to understand.

10Bet Sports and Horse Racing Wagering Requirement

For Sports and Horse Racing, the current requirement is:

• 6x (deposit + bonus) at minimum odds of 2.00. Both the deposit and bonus are included when calculating the wagering requirement.

Using an example of a R100 deposit, you will receive a R100 bonus. The amount that needs to meet the wagering requirement will then be R200.

The 6x requirement therefore works out to:

• R200 × 6 = R1,200

This means you will need R1,200 in qualifying Sports or Horse Racing bets to meet the requirement.

Note: All of the bets must have minimum odds of 2.00 to apply.

10Bet Casino Wagering Requirement

The casino requirement is much higher.

The current promotion states:

• 35x (deposit + bonus).

However, the wagering contribution also depends on the particular casino game. Lucky Numbers and slot games contribute 100%, while all of the other casino categories contribute only 10%.

Slots and Lucky Numbers

Slots and Lucky Numbers have a 100% wagering contribution. Once again, using the R100 deposit example with a R100 bonus, the total amount to be wagered will be R200.  So, R200 × 35 = R7,000. This means you would need R7,000 in qualifying slot wagers to meet the casino wagering requirement.

Roulette, Blackjack & Other Casino Games

All of the other casino games contribute only 10% towards the wagering requirement. Using the same R100 deposit + R100 bonus example, the underlying requirement is still R7,000. But because only 10% of the qualifying wager counts, you would now need to wager a shocking R70,000!

To keep things realistically within reach, it’s a much better idea to keep with sports, horse racing, slots and lucky numbers to overcome the bonus turnover requirements. In all fairness, 10Bet should rather have kept the contribution at 100% across the board.

Keep this 10Bet wagering contribution table in mind when attempting to meet the welcome bonus requirements:

Let’s have a quick look at an example based on a R100 deposit + R100 bonus, which gives a total amount of R200:

The actual amount you need to wager increases with the size of your deposit and bonus. For this bonus to be more manageable, it might be a good idea to opt for a smaller amount, thereby making the turnover requirement much easier.

The 10Bet welcome offer is valid for 30 days from the date it is credited. This means that the applicable wagering requirement needs to be completed within that period. If you leave the bonus unused or are unable to complete the requirements within this time, the bonus will expire.

No, not before the wagering requirements have been completed. The bonus is credited to a separate bonus balance.

10Bet’s T&C’s state that:

• Your deposit remains in your cash balance.
• Bonus funds and related winnings cannot be withdrawn until the wagering requirements are met.
• Cash funds are used before bonus funds when placing bets.
• Once the applicable wagering requirements have been completed, eligible funds can become available for withdrawal subject to the normal account rules.

What Happens if you Withdraw Before Completing the Bonus?

This is one of the most important conditions attached to this promotion. If you withdraw before completing the wagering requirement, your Mixed Bonus balance, including any bonus winnings, will be forfeited.

In other words, if you decide to take part in the promotion, you need to be willing to comply with the wagering conditions.  If you already know that you want to deposit and withdraw your money without wagering through the bonus requirements, accepting the offer will not be worth your time and effort.

The answer depends largely on how you intend to use it.

The Sports and Horse Racing side is much easier to understand because it has a 6x wagering requirement and 100% contribution, although the minimum odds of 2.00 is an important part to remember.

The casino requirement for slots and Lucky Numbers is a much more demanding challenge at 35x, and the 10% contribution malarchy on the other casino games could very well put it out of reach for most folks.

The 100% up to R5,000 10Bet welcome bonus is a potentially useful offer, but it’s important to look past the big money amount. If you are comfortable with the wagering requirements and intend to bet with 10Bet anyway, the 100% match can add meaningful bonus funds to your first deposit. 

The most important thing to remember is that the R5,000 is a bonus balance and not immediately withdrawable cash. This 10Bet sign-up offer is not free money; you will need to put in a fair amount of effort to walk away with a tangible cash reward.

If you prefer bonuses with minimal restrictions, however, this offer may not be the right fit for you.

As always, check the promotion’s current terms in the 10Bet Cashier before depositing. Promotional terms can change, and the conditions displayed when you opt in are the ones that matter.

Remember: The welcome bonus is only one part of the 10Bet promotions portfolio. Regular customers should check our [10Bet promotions guide] for more special deals.