Bet Types Explained
The bet type you choose shapes the odds, the risk and the payout as much as the team you back. These guides explain every common sports betting market in plain English — start with how odds work, then the markets you will use most.
Bet types explained
- How Betting Odds WorkDecimal oddsHow betting odds work explained simply with decimal odds what they pay and the implied chance behind them. Read odds before you bet in South Africa.
- Accumulator BetsMulti-leg betAn accumulator combines several bets into one for bigger odds but every leg must win. How multi bets work plus the payoff and the risk for SA punters.
- Handicap BettingBet typeHandicap betting gives one side a virtual head start or deficit to level a mismatch and boost the odds. How it works in rugby and soccer.
- Over/Under BettingTotals marketOver under betting is a wager on whether a total of goals points or runs beats a line the bookmaker sets. How totals betting works with examples.
- Both Teams to ScoreSoccer marketBoth Teams to Score is a soccer bet on whether both sides will find the net with no need to pick a winner. How BTTS works and why punters like it.
- Draw No BetWin marketDraw No Bet removes the draw from a soccer market so a level match refunds your stake. How DNB works the lower odds and when to use it.
- In-Play BettingLive bettingIn play betting lets you bet while the match unfolds on odds that move with the action. How live betting works and how to use cash out for SA punters.
The markets that matter
Master a handful and you can bet on almost anything: the single, the accumulator, the handicap, over/under, both teams to score and the draw-no-bet safety net. Each guide below shows how the market works with a worked example.
Frequently asked questions
Can I try a bet type for free before staking real money?
No. Sports betting is real-money only at CasinOnline, so there is no demo mode for any market. You can read these guides to learn how each bet type works before you place a real wager.
What is the minimum I can stake on a bet?
You can bet from as little as R1 on most markets. Your potential return is the stake multiplied by the fixed odds shown when you place the bet.
What is the difference between a single, a multi and a handicap bet?
A single backs one outcome, while a multi (accumulator) combines several selections that must all win. A handicap gives one side a head start or deficit to even out a mismatch and change the odds.
How do I withdraw winnings from a settled bet?
Once a bet settles as a win, the payout lands in your CasinOnline account balance in rand. Request a withdrawal from the cashier and the funds are sent to your verified payment method.
Is sports betting legal and safe in South Africa?
Yes. the SA casinos we cover are licensed by the Northern Cape Gambling Board, so all bets are placed and paid out under South African regulation.
Will your bet type actually pay out?
Every market on this page settles the same way once you are playing for real money: the price you accept at the moment you place the bet is the price you get paid on. A win on a straight match result, an over/under line or a leg of an accumulator is locked at the odds taken, so a later drift in the market changes nothing about your return. Stake R200 on 2.50 and the result lands your way, you are owed R500 in cash the instant the fixture is graded — not bonus credit, not a token to roll over. The only structural difference between markets is how many outcomes have to come in before the slip settles.
The South African casinos CasinOnline reviews are licensed by the Northern Cape Gambling Board, so winnings pay out in rand to local methods with no offshore currency conversion eating into the total. Verify the account once with FICA and there is no repeat admin on later bets — settled returns move directly to your South African bank. Funding works the same way in reverse through local deposit options, which keeps the money on familiar rails from the first stake to the eventual payout.
- MarketsWin, handicap, over/under
- OddsFixed at bet time
- Live bettingYes
- Bet inRand
- OnMobile and desktop