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Wealthy bettors in South Africa that are interested in betting and potentially winning very large amounts of money need to understand which online sportsbooks permit the highest betting limits and winning limits. Most sportsbooks only target the average bettor that plays for recreational purposes. Hence, most betting sites keep their limits relatively low to avoid large losses that might come through long odds associated with a combination wager. All the sportsbooks I list below are reputable and solvent enough to accept some of the highest stakes, ensuring they can pay out the highest allowable winning bets.
Sports betting sites structure their limits for bettors generally in two different ways: by the amount won in a given day in a given sport, or by the amount allowed to be wagered on a particular event and by the type of bet like the total, 1x2 (moneyline) or against the spread. I list the betting and banking limits below for my recommended betting sites for South Africans with the highest limits in British pounds (or equivalent currency) and South African Rand where possible. If you require the highest betting limits as you choose a betting partner, this page gives you the information you need to make a sound decision. For the ultimate high stakes players, Pinnacle a great option when betting on ALL team sports.
Pinnacle Sports does not limit how much any player can win in a given day like the other listed sportsbooks here. They limit solely based on the amount that may be wagered on a given type of bet for a given league or event. Pinnacle does not list its full array of limits on site. However, when you register and log in, every event in your interface will clearly display the betting limit for that particular event. The information below will help you understand the limits for the most popular events. Limits below are in GBP. MYR limits would be based on currency equivalent.
Pinnacle has no withdrawal limits at all. You will only be limited by the given banking or funding method that you select and several of these have no limits at all with Pinnacle.
Event/League Handicap 1X2 Total
NBA £50,000 £20,000 £20,000
NHL £5,000 £10,000 £5,000
MLB £20,000 £30,000 £10,000
EPL £30,000 £20,000 £10,000
NFL £50,000 £20,000 £30,000
BetVictor calculates its upper limit by the amount a bettor may win in a single day within a particular sporting market. This depends on the events the bettor chooses to play. The larger events have higher limits. Below you will see the daily payout limit listed and the competitions to which this limit relates
£500,000 Full International Matches, English Premier League, English Championship, English Leagues 1 & 2 , English FA Cup, Scottish Premier League, Spanish La Liga, Italian Serie A, German Bundesliga 1, French Le Championnat, Dutch Eredivisie, Portuguese Liga Sagres & UEFA Champions League
£100,000 Blue Square Premier League, Carling Cup, Scottish Divisions 1,2 & 3, Spanish Segunda Division, Italian Serie B, German Bundesliga 2, French Ligue 2, UEFA Europa League, Africa Nations Cup & Copa America
£50,000 All other competitions
£10,000 is the maximum payout for any Man of the Match bet
The maximum payout on the Olympic Games per customer is £50,000 or currency equivalent.
ALL OTHER SPORTS
Sports Betting = £100,000
HORSE AND GREYHOUND RACING
Note: "Full Service refers to horse races for which full details (shows of betting, card & results) are viewable on the BetVictor.com website
When all selections are covered by "FULL SERVICE".
a) Great Britain & Ireland = £500,000
b) Horse Racing -
When any selection is not covered by "FULL SERVICE".
a) Horse Racing -
b) Horse Racing -
Key South African Betting Issues