BetOlimp Sign-Up Bonus South Africa April 2025

Published on by

Get a deposit match of up to R3000 with the BetOlimp sign-up bonus. The site rewards new players with a welcome sports or casino betting bonus. The minimum amount you must deposit to qualify for the bonus is R50.

100% deposit match up to R3000
4.5 rating
250 free spins
Terms & Conditions

New customers must be 18+ years old. Terms and conditions apply.

Sign Up Here

What is the BetOlimp Sign Up Bonus in South Africa?

BetOlimp BonusBonus Details
Sports Bonus100% deposit match up to R3000
Casino Bonus100% deposit match up to R3000 and up to 250 free spins

BetOlimp Sports Sign-Up Bonus

The BetOlimp sports bonus gives you a first deposit match of up to R3000. With a minimum deposit of R50, you can get 100% back in the form of a bonus to use on sports betting. However, you must reach out to customer care on Live Chat and inform them about your deposit to claim the bonus. BetOlimp will award you with the bonus funds after 24 hours.

BetOlimp Casino Welcome Bonus for New Players

BetOlimp South Africa also offers a welcome offer for casino players – a deposit match of up to R3,000 and up to 250 free spins. The deposit bonus is available when you load at least R50 into your BetOlimp account, while the free spins are awarded after you've completed wagering the deposit bonus.

The number of free spins you receive is dependent on your deposit amount.

  • R50 – R500 deposit = 25 free spins
  • R500.01 – R1,000 = 50 free spins
  • R1,000.01 – R2,000 = 120 free spins
  • R2,000.01 – R3,000 = 250 free spins

Comparison of Sports vs. Casino Bonus Features

FeatureSports BonusCasino Bonus
Bonus Amount100% deposit match up to R3000100% up to R3000 and free spins
Minimum DepositR50R50
Wagering Requirement6x Bonus & 1x Deposit50x Bonus, 25x Free Spins
Eligible GamesSport, Live SportSlots, Casino

Does BetOlimp Offer a No Deposit Bonus?

Unfortunately, there isn’t a Betolimp sign-up bonus with no deposit. However, using our code to register an account on the site will get you the best possible welcome offer available. Platforms like Hollywoodbets and Easybet offer no-deposit bonuses for new players in South Africa.

How to Claim the BetOlimp Promo Code in South Africa?

BetOlimp Bonus Terms & Wagering Requirements Explained

Wagering requirements are terms that you must meet to turn any bonus funds or free spins into actual money that you can withdraw. Every bonus comes with these requirements, but they differ at each operator.

Sports Bonus – Wagering Requirements

The wagering requirement for the deposit bonus is twofold: 1x on your deposit and 6x on the bonus funds. For example, I deposited R50 and received R50 from BetOlimp. But to move the bonus into my main wallet, I had to wager my entire R50 on one bet and then use the bonus money at least 6 times to the value of R300 (R50 x 6 = R300). All bets placed with your deposit and the bonus must be on odds of at least 2.0 or greater.

The offer is valid for 14 days from registration date, but you only have 7 days from activating the bonus to meet the wagering requirements before it expires. Only sports betting counts towards the wagering requirements; any other games like slots or Lucky Numbers won't help achieve the targets.

Casino Bonus – Wagering Requirements

The BetOlimp casino bonus must be wagered at least 50x, but bets with your initial deposit also count towards it. For example, if you deposit R100, you'd receive a R100 bonus, which you must wager at 50x (R100 x 50 = R5,000).

After completing the wagering for the deposit bonus, you will receive the free spins, based on how much the initial deposit was. The spins are only valid for the “Vault Cracker” slot. All winnings from the free spins are subject to a 25x wagering requirement. If you win R100 from the free spins, you must place bets worth at least R2,500 before moving any bonus money into your main wallet.

Wagering requirements for both the deposit match and free spins must be completed within 10 days of receiving the bonus before it expires. The maximum you can win with the bonus funds is R10,000, while the maximum on the free spins is R2000. 

Wagering Conditions Comparison

ConditionSports BonusCasino Bonus
Wagering Requirement6x50x
Minimum Odds2.0N/A
Validity Period7 Days10 Days

Pros & Cons of BetOlimp Sign-Up Bonus

Pros

  • High maximum deposit match of R3000
  • Achievable minimum odds for bonus funds of 2.0
  • Ample time to meet requirements before bonus expires
  • Free spins for casino welcome bonus

Cons

  • A massive 6x and 50x wagering requirement for sports and casino bonuses respectively. 
  • Free spins come with their own 25x wagering requirement. 

BetOlimp Compared to Other Promo Codes

Betting SiteBonus OfferWagering Requirements
BetOlimp100% deposit match up to R30006x
Lulabet100% deposit match up to R2501x
HollywoodbetsR25 no-deposit bonus1x
Betway100% deposit match up to R10003x

Is this BetOlimp Sign-Up Bonus a Good Offer?

Yes, generous is an understatement when describing the welcome offer at BetOlimp. You can find only the best betting promo codes in South Africa here and enjoy the best possible bonus as a new player. The maximum of R3000 is certainly in the upper limits for sportsbooks in South Africa, which is one of the reasons you should give BetOlimp a try. 

Casino players will also appreciate a similar deposit-match offer, but with the added incentive of receiving free spins. While the wagering requirements are tricky, I found it easy to navigate once I deposited money and started betting on casino games. Our BetOlimp review can offer more information about what you can expect from the South African site and more details on how to claim the BetOlimp bonus.

BetOlimp Sign Up Bonus FAQ

What is the BetOlimp sign-up bonus for South African players?

The BetOlimp sign-up bonus rewards you with a 100% deposit match up to a maximum of R3000. Casino players can enjoy the same and up to 250 free spins on a particular slot. 

Does BetOlimp offer a no-deposit bonus?

No, BetOlimp doesn’t currently offer a no-deposit bonus. However, South African sports betting platforms are always modifying their promotions, so there’s no ruling it out in the future. 

What are the wagering requirements for the BetOlimp bonus?

The wagering requirements for the sports welcome bonus are 6x the bonus amount plus 1x your initial real money deposit. The casino bonus has a 50x wagering requirement attached to it, but it also includes your deposit.

How do I withdraw my BetOlimp bonus winnings?

You can start the withdrawal process for your bonus winnings after you meet the wagering requirements by clicking on your profile and then the “Withdraw” button. 

Can I use the promo code if I already have an account?

No, unfortunately, you can’t use the promo code if you already have an existing BetOlimp account. 

<!-- Author Start -->Byron David<!-- Author End -->

Byron David

Author

Byron David is a media professional based in South Africa. He is also a print journalist and previously wrote sports columns for The Mercury and The Post newspapers in Durban. Byron started writing online betting and casino articles for platforms based in South Africa, India, the USA, the UK and Sweden. With his writing, Byron aims at creating engaging content that is exciting to read and put into action.