Olybet review

Olybet online casino is one of the oldest in South Africa. Olybet runs a wide range of online operations, offering online casino and sports betting services. What’s more, Olybet is one of only two remaining South African companies that also have physical betting shops.

In this article, we’ll introduce Olybet in more detail – we’ll discuss what kind of company this is. The article will cover Olybet’s history, name Olybet’s main online casino services, and we’ll also discuss this online casino’s advantages and disadvantages, and suggest alternative companies you can try if Olybet doesn’t fully meet your expectations.

What is Olybet?

Olybet is an online casino that has been operating for many years, and it also has physical betting shops. Older gamblers probably remember an earlier local betting company that was later acquired by Olybet. It’s also worth noting that the Olybet brand belongs to the same company that also runs a well-known network of land-based casinos in South Africa.

Even though Olybet also has physical betting shops, this casino is best known as an online casino, where it gets the most player traffic. Here, players play slots, place sports bets and similar.

Olybet’s main services

Olybet is a fairly universal online casino. Here players can play plenty of slots online, and you can also play genuine live casino games, where real dealers interact with players. Of course, Olybet also offers an especially wide sports betting selection – sports betting was actually this company’s first service. We’ll cover these main Olybet services in a bit more detail.

Slots

Olybet offers its players a solid slot machine selection online, and the slots themselves at this online casino are supplied by different providers. In Olybet’s selection, you’ll find the most popular games from providers such as Pragmatic Play, Play’n GO, Synot, NetEnt, BF Games.

This means you’ll find slots highly valued around the world at Olybet – Gates of Olympus, Starburst, Big Bass Bonanza and more.

To make things more convenient for users, Olybet sorts its online casino games into different categories. For example, here you’ll find a book-style games category, a Megaways games category, a classic slot machine category and similar.

Live casino games

Olybet online casino stands out in South Africa as one of only two companies that let you play poker online. What’s more, you can also play other classic live online casino games here – plenty of roulette versions, Blackjack, Baccarat and other games. Olybet online casino also lets you play both computer-generated live casino game versions and games featuring real dealers.

Olybet has a couple of its own in-house live casino games, but it mostly relies on Pragmatic Play Live and Evolution game tables. Olybet online casino also offers its players live casino games created by BetGames.

Sports betting

Olybet was originally a sports betting company, and it was among the first to launch operations in South Africa. Because of this, Olybet offers an especially wide sports betting selection and is known for its fairly high betting limits. Olybet tries to take into account the South African market’s needs too, and offers an especially wide selection for the National Basketball League, the National Football League, and international matches involving the country’s leading rugby franchises, along with other events followed especially closely nationally.

Olybet online casino and betting company accepts both pre-match bets and bets on matches already underway. These events can be combined together, which is an Olybet advantage, since some competing online casinos don’t offer this option to players.

Olybet’s advantages and disadvantages

Olybet online casino has a few important advantages, but like other online casinos, Olybet also has certain downsides. We’ll now take a closer look at both Olybet’s main advantages and its key disadvantages.

Olybet’s advantages

A safe South African licence. First, it’s worth emphasising that Olybet online casino uses a safe, well-regarded South African licence. This licence guarantees that all slots and other games offered by the company are strictly certified, and if a dispute arises, a player can turn to the regulatory body that issued the licence, which can specifically assess the situation.

Betting shops. Olybet has plenty of physical betting shops, spread across the country. Plenty of players value betting shops because they let you withdraw money won online there. If you go to an Olybet betting shop, you can ask to have funds from your online casino account paid out there, and the payout will be processed.

A wide range of payment methods. At Olybet betting company, you can make deposits and withdrawals using different methods, tailored to user needs. You can make direct payments via online banking from banks such as FNB, Standard Bank, Revolut and others. Payments by payment card – Visa, Mastercard – are also available. What’s more, you can top up your account using Skrill and Neteller e-wallets.

English language. Olybet online casino is professionally prepared in English, which matters a great deal to casino players who don’t speak foreign languages. Some other online casino sites are translated relatively unprofessionally, so Olybet has an advantage here – there are essentially no translation errors.  

Olybet’s disadvantages

No promotions or bonuses available. Although Olybet can boast an especially safe South African licence, this licence also has a serious downside. Online casinos using a South African licence can’t offer their players absolutely any promotions or bonuses, so if you like using bonuses in your gaming strategy, you simply won’t be able to do that here – Olybet has no bonuses.

No crypto transactions. Plenty of gamblers like to keep their gaming process completely anonymous. Because of this, when playing at foreign online casinos, they use the most popular cryptocurrencies – BTC, ETH, USDT and similar. Unfortunately, online casinos with a South African licence can’t accept crypto payments, so this is a fairly significant downside for Olybet compared with some competing foreign companies.

Is it worth using Olybet?

If you’re asking yourself whether Olybet is the most suitable online casino for you, you need to understand that there’s simply no single answer. When choosing an online casino, it’s important to pay attention to plenty of different factors.

If you’re a player who wants to play at an online casino with a safety-guaranteeing licence, a wide game selection and universal payment methods, then Olybet could genuinely be a choice worth your attention. On the other hand, if you want to play with bonuses and also preserve complete anonymity, you should keep in mind that, unlike foreign online casinos, Olybet simply can’t offer you these things.

Foreign alternatives to Olybet online casino

Olybet online casino attracts a great deal of interest among players. Plenty of South Africans use this online casino and betting company’s services, but at the same time, there’s a noticeable trend of South Africans increasingly looking for alternative foreign online casinos.

Because of this, we’ve decided to introduce you to a few online casinos that are a great alternative to Olybet.

Flagman.Casino mini review

Flagman.Casino launched in 2024 and, in a short time, managed to win over plenty of players in various countries, including South Africa. This online casino stands out with a modern design and wide functionality, tailored to today’s players’ expectations.

Flagman.Casino operates with a trustworthy Curaçao licence, so it’s a completely safe online casino. The platform offers an impressive game selection – from popular slot machines to live casino games with real dealers and sports betting.

One of Flagman.Casino’s most notable strengths is its especially convenient payment methods. Players can top up their account using South African banks (FNB, Standard Bank and others), Visa or Mastercard payment cards, popular e-wallets (such as MiFinity or Skrill), and also cryptocurrencies – BTC, ETH, USDT and others. This lets you enjoy greater privacy and anonymity.

Flagman.Casino offers an especially high withdrawal limit – up to as much as 125,000 euros per month, considerably beating what most other online casinos offer.

Online casino visitors are also drawn in by attractive bonuses: new users are welcomed with a competitive welcome offer, and regular players can take advantage of a VIP programme, weekly cashback payments, take part in tournaments and other promotions.

Gizbo.Casino mini review

Gizbo.Casino online casino entered the market in 2024 and, right from the start, attracted a great deal of attention among players from various countries, including South Africa.

The casino operates under a Curaçao licence, which is widely recognised and provides users with a trustworthy, safe gaming environment. Gizbo.Casino offers an all-round casino experience – players can enjoy a huge slot machine selection, live casino games with real dealers, and place sports bets.

When it comes to payment methods, Gizbo.Casino is perfectly tailored to South African players – payments via South African banks (Revolut, FNB and others) are supported, as well as payments by bank card (Visa, Mastercard), e-wallets (Skrill, Neteller and others), and the most popular cryptocurrencies are also accepted – ADA, BTC and similar. This variety guarantees not just convenience, but also a high level of privacy.

One of this casino’s most important features is its impressive monthly withdrawal limit. Gizbo.Casino lets you withdraw up to 125,000 euros per month, a very competitive figure in the online casino market.

When it comes to bonuses, Gizbo.Casino also has plenty to offer: new players are offered an attractive welcome package, and existing customers can access a VIP loyalty programme, cashback payments (CashBack), various tournaments and other promotions.

Irwin.Casino mini review

Irwin.Casino online casino launched in 2024 and, right from the start, successfully established itself among a range of players – both new and experienced online casino users.

The casino operates with a trustworthy Curaçao licence, which guarantees a safe, transparent gaming process. Irwin.Casino offers an all-round game selection – thousands of slot machines, live casino entertainment with professional dealers, and also lets you bet in both live and pre-match sports betting.

An important Irwin.Casino feature is its wide, flexible payment selection. South African players can conveniently make deposits using South African banks, cards are also supported (Visa, Mastercard), various e-wallets (Skrill, Jeton and others), and for those who value privacy, cryptocurrencies are offered – Bitcoin, Ethereum, USDT and similar.

An important Irwin.Casino advantage is its especially high monthly withdrawal limit. The casino lets you withdraw up to as much as 125,000 euros per week – considerably beating the limits offered by most other online casinos.

The bonus system here is also attractive and competitive. Irwin.Casino offers new users an attractive welcome package, and active players get a VIP loyalty programme, regular cashback payments (CashBack), personal promotions and tournaments.

Summary

Olybet is a well-known online casino, offering universal services – slots, live casino games, sports betting. Olybet operates with a South African licence, which guarantees a safe gaming process. This online casino can be a great choice for those who want to play at a South African company, make deposits via South African banks and similar.

But at the same time, Olybet also has a few notable downsides. First of all, the company running Olybet online casino doesn’t allow any promotions or bonuses, which matters to plenty of players. Olybet also can’t offer the option to make deposits and withdrawals using at least the most popular crypto – BTC, ETH, USDT and similar.

If these factors matter to you, it’s worth considering alternative online casino companies such as Flagman.Casino, Gizbo.Casino or Irwin.Casino.

Are all foreign online casinos equally safe?

As we mentioned, we highly recommend choosing only licensed casinos (e.g. those with a Curaçao licence), as only such casinos ensure safety.

From what age can you play online casinos?

Anyone over 18 years old can play at online casinos.

Do all online casinos accept cryptocurrency payments?

Most of the most modern foreign casinos accept cryptocurrency payments. South African companies, including Olybet, unfortunately don’t have this option.

I play at a South African online casino, but I don’t get any bonuses. Why?

That’s because South African law prohibits South African companies from offering their players bonuses or promotions, so the Olybet company we’ve covered doesn’t offer them either.

Do foreign online casinos work on mobile phones?

Yes – the best casinos, also mentioned in this article, as well as Olybet, all have mobile versions.