Lulabet: odds, licence and margin
Lulabet odds, licence and margin as we measure them: Lula Bets (Pty) Ltd holds licence 10190073-005 from the National Gambling Board, verified operators register. On today's board it prices 204 events across 1 sport, with an average margin of 8.4% on football match odds.
Punts has no commercial relationship with Lulabet. We show its prices so you can compare them.| Licence holder | Lula Bets (Pty) Ltd |
| Regulator | National Gambling Board, verified operators register (Western Cape) |
| Licence number | 10190073-005 |
| 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 | 204: Football 204 |
| Average margin, football match odds | 8.4% over the last week (3 of 25, lower is better; 536 matches) |
| Outright best price | 5 of 612 outcomes it prices (0.8%) |
| 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+.
Lulabet: questions
Is Lulabet legal in South Africa?
Yes. Lula Bets (Pty) Ltd holds licence 10190073-005 from the National Gambling Board, verified operators register, 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 Lulabet have good odds?
On football match odds over the last week Lulabet's average margin was 8.4%, 3 of 25 books we measure (lower is better). Right now it has the outright best price on 5 of the 612 outcomes it prices.
Which sports does Lulabet price?
On today's board: football (204).