WebMoney Betting Sites

Michael J. Lawson

Updated:

WebMoney is a payment method that can be found in many online sportsbooks, and WebMoney betting sites are very popular among bettors. It provides numerous advantages thanks to its great features. In this article, we will describe those amazing attributes so you know what to expect from this deposit and withdrawal method. But, before we start, here is a list of the best WebMoney betting sites that are offering their services in South Africa.
Website
www.wmtransfer.com
Company
WM Transfer Ltd
Payment types
E-Wallets
Deposit
Instant
Withdrawal
3-5 days

Pros

  • Instant deposits
  • A very secure payment method
  • Can be used for both deposits and withdrawals
  • WebMoney is super easy to use at the online bookies
  • Transfer funds to your WebMoney account from multiple other payment methods

Cons

  • WebMoney fees of 0.8% are charged per transaction
  • Numerous betting sites are yet to allow WebMoney transactions
  • There are not enough currencies to choose from
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Best WebMoney Betting Sites in South Africa 2024

Great Deal Great Deal
Fafabet
Very Good

Rating:

7.5/10

Very Good
Gift
No bonus
Play Now Fafabet Review
Pros
  • Exciting sports betting bonuses
  • Access to an extensive sports betting section
  • User-friendly mobile app for Android users
  • Exclusive VIP program
Cons
  • Not every player will be able to claim the daily free bet offer
  • Limited payment methods

Odds Margin: 93%

Extra Features: Bonuses, Casino, VIP Programme

Payment Methods: WebMoney, American Express, Apple Pay, Bitcoin, Boku, Crypto, Dash, Dogecoin, ecoPayz, Ethereum, Google Pay, iDebit, Klarna, Litecoin, MasterCard, Neteller, Pay by Mobile, PayForIt, PayPal, Paysafecard, Person to Person, Revolut, Ripple, Skrill, Visa

18+ | Gamble responsibly | GambleAware.org | T&C

18+ | Gamble responsibly | GambleAware.org | T&C

Table of Contents

    What is WebMoney and How Does It Work?

    WebMoney is an international online payment method from Russia that is widely accepted all around the world, including South Africa. You can use this e-wallet to transfer money online, keep track of your funds, attract funding, and much more. All online transactions with this payment service are extremely secure, which is very important for sports betting.

    It allows you to create an online wallet where you can store funds from your credit cards, e-wallets, vouchers, and more. To make WebMoney transactions, you will need to either access your WebMoney account from the official site or use the mobile app. It is similar to an online bank transfer, but with smaller fees and quicker processing times.

    Our team of experts is fully dedicated to helping you find the best WebMoney betting site on the market. We've carefully selected and compared the best platforms that accept WebMoney. This page will highlight the key features of these betting sites and provide essential details about WebMoney as a payment method.

    How We Find the Best WebMoney Bookmakers in South Africa?

    In order to find the best online bookmakers that accept WebMoney, we make sure to research the market thoroughly. It is only fair to present to you our way of selecting these online betting sites so you know our line of work. Here are the steps that we take before forming a list of the best online sports betting sites.

    1

    Locate All WebMoney Betting Sites

    We begin our work by finding all WebMoney betting sites that are operating in South Africa. All of them must be licensed and regulated by a well-known regulator in the online betting industry. They must also feature a safe and secure online betting platform.

    2

    Examine Additional Features

    Next up, we make sure to check all the additional features of the online bookmakers that are important for sports betting. Among the things that are examined are the available sports, the betting markets, and the odds. The bonuses and promotions are also checked by our team.

    3

    Sign-up and Make a Deposit

    After that, we go and create a betting account so we have full access to the WebMoney bookmaker. At this stage, we check whether the registration process is quick and simple. Then we make a deposit using WebMoney and examine the whole procedure.

    4

    Place a Bet and Withdraw Money

    The last step is to place a sports bet on a few sports using several betting markets. That way, we can test the online bookmaker's offer. Lastly, we go into our betting account and make a withdrawal using WebMoney, just to check the limits and processing time.

    Betting with WebMoney in South Africa

    Using WebMoney as a payment method at betting sites is widely practised by bettors worldwide. As we mentioned earlier, WebMoney is accepted in over 200 countries, making it an ideal option for sports wagering from almost anywhere.

    However, to use WebMoney for funding your betting account, the first step is finding a betting site that includes it among its available payment methods.

    Choosing a Licensed and Secure Betting Site

    When selecting an online sportsbook that supports WebMoney, make sure the platform is licensed and regulated by a reputable authority. It's also important to verify whether the betting site uses the latest 128-bit SSL encryption technology.

    This security measure encrypts all data sent to the betting platform, ensuring your information remains protected from any unauthorised third parties.

    Opening a WebMoney Account

    To place sports bets at an online bookmaker that accepts WebMoney payments, you will first need to set up a WebMoney account. You'll also need to fund this account using other payment methods, such as bank transfer.

    The process is simple and can be completed from any mobile or desktop device. Alternatively, you can use the WebMoney mobile app to finish the setup.

    Depositing and Withdrawing Funds

    Once your WebMoney account is set up and funded, you're ready to transfer money to your bookmaker account. One of the greatest advantages of WebMoney is that it allows for both deposits and withdrawals at betting sites.

    Deposits are processed instantly, allowing you to place bets immediately. However, withdrawals may take a few days to process, depending on the bookmaker.

    Placing Bets Using WebMoney

    After depositing funds into your betting account, you can start placing bets on your favourite sports. Simply navigate to the sportsbook's sports section, select your preferred sport, and choose a betting market that seems promising.

    Once you've placed your bet, all that's left to do is wait for the results of the sporting event to see if you'll receive winnings.

    Accessing Bonuses and Promotions

    WebMoney users can also take advantage of various bonuses and promotions offered by online bookmakers. Be sure to check out the welcome bonuses, as they are often quite generous and can provide a great boost to your betting experience.

    How to Register at WebMoney Bookmakers in South Africa

    In order to check out the betting offers and place a sports bet at a WebMoney bookmaker, you will need to create an account. It is worth noting that the registration process is super easy and straightforward. Here's how you can sign-up at a WebMoney betting site.

    • Estimated Time Needed: 00:05
    • Tools Needed: Account
    • Supplies Needed: Time, Money
    Create a WebMoney Account Step 1

    Create a WebMoney Account

    To start betting at a betting site with WebMoney, you will first need to open up an account with this payment method. Then you must transfer funds from a credit or debit card, bank account, or some other payment option. Funding the WebMoney accounts can be done from the official site or from the mobile app.

    Choose an Online Betting Site That Accepts WebMoney Step 2

    Choose an Online Betting Site That Accepts WebMoney

    Next, you will need to find a decent online betting site to wager at. You should know many bookmakers accept WebMoney as a preferred payment method. We advise you to check out our list of the best WebMoney betting sites, so you can save up your precious time.

    Click on the Register Button and Verify Your Account Step 3

    Click on the Register Button and Verify Your Account

    After finding a good betting site, the next step is to click on the Register button and fill out the form. You will be asked to reveal certain personal details and banking information. Additionally, you must verify your account before you are allowed to make withdrawals from your WebMoney account.

    Make a Deposit and Start Wagering Step 4

    Make a Deposit and Start Wagering

    The last step is to head over to the deposit page, choose WebMoney as a deposit method, and type in the desired amount. You will receive the funds in just a couple of minutes. After that, you are free to head over to the sports section and use the deposit funds to place a sports bet online.

    WebMoney Bookmakers Bonuses SA

    You use WebMoney transactions to apply for generous betting offers at South African bookies. There are many promotions on the market offered by online bookmakers that you can take advantage of. Here are some of the most popular bonuses that you can claim at WebMoney bookmakers.

    Welcome Bonuses

    The only bettors who can get a welcome bonus are new customers who sign up for an account at a sportsbook. The bookie may award bonus bets available without an initial deposit, or in some cases, free cash. To claim this bonus offer, sometimes called the first deposit bonus, you must first make a first deposit, or place a qualifying bet on the betting platform. When you claim your reward, you will only be allowed to use it on certain sports and betting markets at given odds.

    It is worth noting that bonus bets come with certain wagering requirements that you must meet in order to be allowed to make a withdrawal. Also, you must use the free bets or bonus cash within the validation period to avoid forfeiting the reward. People who just signed up to bet often use the welcome bonus to learn more about the betting platform and what it has to offer. Additionally, some welcome bonuses may require bonus codes to be typed in before you can claim the prize, so make sure to check that out.

    Free Bets

    Free bet offers are possibly the most popular bonuses that can be found in almost any online sportsbook. They provide you with bet credits that you can use on selected sports and betting markets on the betting website.

    You should know that every free bet comes with a maximum bet limit and capped winnings. In order to protect themselves from suffering a significant financial loss, betting sites have set these guidelines.

    Wagering requirements are also part of the terms and conditions, so make sure to check them out. The best free bet offers at bookies are the ones that don't come with any wagering requirements, but they are very rare.

    Some sportsbooks may even offer free bet bonuses without requiring a deposit. But, these offers will be less rewarding than the ones that can be claimed with real money. Regardless of the type, make sure to bet responsibly and not get carried away by these offers.

    Reload Bonuses

    Next up, we have reload bonuses for returning punters, which are promotions that are only available to existing members that have placed bets in the past. These bonuses are usually offered on a certain day of the week, and bettors can claim them multiple times during the 24-hour period. However, bettors are required to make a certain deposit in order to claim the reward. Those prizes will be given as a matched percentage of the amount that was deposited.

    Reload bonuses are a great way to reward existing bettors with generous bonuses. They are used to stimulate the users into making more deposits. You should know that these offers come with lower wagering requirements than usual bonuses, which is a great feature. Just like any bonus offer at sportsbooks, make sure to read the terms and conditions of the reload offers, so you know what you need to do afterwards.

    Cashback Bonuses

    Lastly, we have cashback offers for bettors, which are also very common promotions that feature in many sportsbooks. They provide bettors with a percentage of the losses that they've suffered during a certain period. That timeframe can be daily, weekly, or even monthly, depending on the site's policy. However, you are usually offered a cashback percentage ranging from 20% up to 100%. If the whole wager is returned after a loss, then that bonus is called a risk-free bet.

    You should know that the cashback offers come with requirements that must be met before you can cash out. Some sportsbooks may offer these bonuses without requiring you to make a bet first, but this isn't very common. Certain bookmakers that feature a VIP program regularly offer their members cashback bonuses as gratitude for their loyalty. The higher their VIP level, the bigger the cashback.

    How to Make WebMoney Deposits?

    All WebMoney deposits are instant, regardless of the online sportsbook. The whole process of depositing funds on your betting account using WebMoney is very simple. In order to help you out with this task, we've constructed a step-by-step guide for depositing with this internet banking method. Here's what you need to do.

    • Step 1: Open a WebMoney account from the official site or the mobile app.

    • Step 2: Transfer funds to the WebMoney account using other payment options.

    • Step 3: Access your betting account and head over to the Cashier section.

    • Step 4: Click on the Deposit option, choose WebMoney as a payment method, and type in the desired amount.

    • Step 5: Log in and authorise the transaction from WebMoney's official site or mobile app.

    • Step 6: The WebMoney deposit will be processed instantly, and you will have the money in your betting account in just a couple of minutes.

    How to Make WebMoney Withdrawals?

    You can deposit money using WebMoney at online bookmakers, but you can also withdraw money using the same method. This is also a very easy process that will only take a couple of minutes to complete. Follow these steps to withdraw funds from your account using WebMoney.

    • Step 1: Log in to the online bookmaker and access the Cashier section.

    • Step 2: Click on the Withdrawal tab and select WebMoney as a payment option.

    • Step 3: Type in the amount that you want to withdraw and click "Confirm."

    • Step 4: Wait for the transaction to be processed, which may take a few days to complete.

    WebMoney vs MasterCard Sportsbooks

    WebMoney is a popular way to buy things online and bet on sports, but there are other ways to pay as well. One good banking option that is also used by many bettors for sports wagering is MasterCard. Below, we will compare the sportsbooks that accept Mastercard and those that accept WebMoney.

    WebMoney Sportsbooks
    Check icon

    WebMoney is used for making deposits and withdrawals

    Check icon

    You can add funds to WebMoney using many other payment options

    Check icon

    Instant deposit transactions

    Check icon

    Safe and secure payment method

    Cancel icon

    Not a big number of sportsbooks accept WebMoney payments

    vs

    MasterCard Sportsbooks
    Cancel icon

    Withdrawals with MasterCard may not be available

    Cancel icon

    You must have a bank account to get a MasterCard

    Check icon

    All deposits are instantly processed

    Check icon

    Uses top-notch security technology

    Check icon

    Many betting sites accept MasterCard

    WebMoney Experiences

    There are millions of WebMoney users from all around the world that are using this payment method for all kinds of online purchases, including online betting. To give you an idea of how good WebMoney is, we will share a few of their experiences with you.

    Alexander Hunt has said that he found WebMoney accidentally and now he can't get enough of it. He was reluctant to use credit and debit cards on certain sites, and believed that WebMoney offered much better protection.

    Next up, we have Olivia Chapman, who stated that using WebMoney online is super easy and much more secure. She loves the fact that it is accepted on many online shopping sites. Another feature that this satisfied customer values greatly is quick transactions.

    Lastly, we present to you Oliver Williams, an online sports bettor who uses WebMoney for wagering on horse racing events. He very much appreciates this payment method, as it provides him with many great opportunities. Williams even uses it to claim free bets from his online sportsbook.

    Mobile Compatibility at WebMoney Bookmakers SA

    Mobile betting is a rising trend that is set to become the future of online betting. More and more bettors are shifting towards this new form of betting as it comes with numerous advantages.

    • The most reputable WebMoney bookmakers have fully optimised their betting platforms for the use of mobile devices. That way, you can access and place sports bets through apps developed for smart devices from any smartphone or tablet, regardless of the operating system.
    • All of these betting sites use the latest HTML5 technology to make the platform accessible on any device possible. The majority of bettors find mobile devices to be more convenient for sports wagering.
    • You can use your mobile device to transfer funds from WebMoney to your betting account and place a bet much quicker. Also, you are given the freedom to wager from any place on the planet at any given time, as long as you have a stable internet connection.
    • It's best to save the sportsbook's website on your mobile browser so you can get to it much faster. With just a few swipes and touches on your smartphone, you will place a bet on your favourite sport.
    • Mobile-friendly betting sites let you do everything from your phone or tablet, like sign up for an account, make deposits and withdrawals, bet, get bonuses, and much more.
    • Some of them have even developed their own betting apps for iPhone and Android-compatible betting apps, for a much better user experience.

    Alternatives to WebMoney Bookmakers

    Apart from WebMoney, bettors can also use several other payment options for placing bets at online bookmakers. The features vary from one method to the next, so it is important for us to describe them. Here are some of the best alternatives to WebMoney that you can use at online bookmakers.

    Alternative Payments Details

    Neteller

    Another great e-wallet that you can use for online betting is Neteller. This rising banking method is widely accepted in the betting industry as it is extremely practical and safe to use. Deposits and withdrawals with Neteller are instant and very simple to make. However, it is worth noting that some fees are charged when conducting transactions.

    Visa

    Visa is possibly the most famous credit and debit card company that is accepted in almost any country in the world. Deposits with Visa are instant, while the withdrawals may take up to a couple of days. Visa as a safe and secure banking method is super easy to use. Unlike PayPal and Neteller, the fees on Visa are lower.

    Paysafecard

    Paysafecard is a prepaid online payment method that doesn't charge any fees. Paysafecard payments utilises the latest security technology that protects and secures every transaction. You can use Paysafecard at numerous betting sites, as it is widely accepted. However, it’s important to note that Paysafecard can only be used for deposits, not for withdrawals.

    Bitcoin

    Bitcoin offers fast and secure transactions. Many bettors appreciate its anonymity and the ability to make transactions without the need for a bank. With growing acceptance among online sportsbooks, Bitcoin as the most popular crypto payment option is becoming a go-to choice for those looking to wager safely and privately.

    Klarna

    The quick and secure deposits and withdrawals provided by Klarna make it a top choice for punters. The convenience of its mobile app enhances the overall betting experience. However, it’s worth noting that with Klarna, there may be transaction fees involved.

    WebMoney Betting Summary

    WebMoney is one of the best options that you can choose for placing bets at the best sports betting bookmakers in South Africa, as it offers many advantages. More and more WebMoney betting sites are coming out, which shows that a lot of punters are starting to use this payment method.

    You can use the WebMoney payment method to make deposits and withdraw any winnings that you make at bookmakers operating in the South African market. The funds will be transferred to your betting account in just a couple of minutes, which is a much-needed feature.

    Withdrawals may take up to a few days to process, but that is due to security protocols. Also, there are some fees attached to the transactions, but they are lower than the fees on other banking options.

    Frequently Asked Questions

    Is WebMoney Safe for Sports Wagering?

    Yes, WebMoney is a very safe and secure payment method that uses the latest security technology to conduct online transactions. However, you must use WebMoney only at licensed and regulated betting sites that utilise the latest 128-bit SSL encryption technology. This way, you will be certain that safety is guaranteed at the betting platform.

    Can I Withdraw Money Using WebMoney?

    Yes, you can. Online bookmakers allow their bettors to make withdrawals using WebMoney. These betting sites may not charge any fees, but the banking method will definitely ask for one. You should also know that withdrawals take up to a few days to transfer and that there are certain limits set by the online bookies.

    Can I Use WebMoney to Apply for a Betting Bonus?

    Yes, there are many online bookies that offer generous bonus offers to bettors that use WebMoney. You can apply for bonuses and promotions such as welcome bonuses, cashback, free bets, reload bonuses, and much more.

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