Betway: odds, licence and margin
Betway odds, licence and margin as we measure them: Raging River Trading holds licence 9-2-1-09798 from the Mpumalanga Economic Regulator. On today's board it prices 1 040 events across 8 sports, with an average margin of 11.1% on football match odds.
| Licence holder | Raging River Trading |
| Regulator | Mpumalanga Economic Regulator (Mpumalanga) |
| Licence number | 9-2-1-09798 |
| 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 | 1 040: Football 516, Ice hockey 199, Basketball 185, Tennis 103, Cricket 21, Table tennis 8, Rugby union 6, Rugby league 2 |
| Average margin, football match odds | 11.1% over the last week (16 of 25, lower is better; 516 matches) |
| Outright best price | 83 of 2 803 outcomes it prices (3.0%) |
| Other markets we read | Match result only, so far |
Counts are from the price board as it stands now and change through the day. Punts is not a bookmaker. 18+.
Betway: questions
Is Betway legal in South Africa?
Yes. Raging River Trading holds licence 9-2-1-09798 from the Mpumalanga Economic Regulator, 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 Betway have good odds?
On football match odds over the last week Betway's average margin was 11.1%, 16 of 25 books we measure (lower is better). Right now it has the outright best price on 83 of the 2 803 outcomes it prices.
Which sports does Betway price?
On today's board: football (516), ice hockey (199), basketball (185), tennis (103), cricket (21), table tennis (8), rugby union (6), rugby league (2).