ApexBets: odds, licence and margin
ApexBets odds, licence and margin as we measure them: Letsbet (Pty) Ltd holds licence 10194002-002 from the Western Cape Gambling and Racing Board. On today's board it prices 1 504 events across 15 sports, with an average margin of 11.9% on football match odds.
| Licence holder | Letsbet (Pty) Ltd |
| Regulator | Western Cape Gambling and Racing Board (Western Cape) |
| Licence number | 10194002-002 |
| Where we read it | National Gambling Board verified-operators register, plus the Western Cape, North West and Eastern Cape provincial registers, 2026-08-04 |
| Events priced now | 1 504: Football 574, Table tennis 245, Basketball 176, Tennis 158, Ice hockey 128, american football 61, handball 49, Darts 35, volleyball 21, mma 21, Cricket 13, Baseball 10, boxing 6, Rugby union 6, australian rules 1 |
| Average margin, football match odds | 11.9% over the last week (20 of 25, lower is better; 951 matches) |
| Outright best price | 87 of 3 765 outcomes it prices (2.3%) |
| Other markets we read | Asian handicap (13 365), Handicap (3-way) (1 790), Total points (1 164) |
Counts are from the price board as it stands now and change through the day. Punts is not a bookmaker. 18+.
ApexBets: questions
Is ApexBets legal in South Africa?
Yes. Letsbet (Pty) Ltd holds licence 10194002-002 from the Western Cape Gambling and Racing Board, as listed on National Gambling Board verified-operators register, plus the Western Cape, North West and Eastern Cape provincial registers (read 2026-08-04). A provincial licence lets it take bets from anyone in South Africa aged 18 or older.
Does ApexBets have good odds?
On football match odds over the last week ApexBets's average margin was 11.9%, 20 of 25 books we measure (lower is better). Right now it has the outright best price on 87 of the 3 765 outcomes it prices.
Which sports does ApexBets price?
On today's board: football (574), table tennis (245), basketball (176), tennis (158), ice hockey (128), american football (61), handball (49), darts (35), volleyball (21), mma (21), cricket (13), baseball (10), boxing (6), rugby union (6), australian rules (1).