BangBet is a famous online sports gambling platform in Kenya where you can experience the thrill of gambling on your favorite teams and players. This platform provides different betting options to make it easy to place bets. In this article, we discuss basic requirements and conditions, suggestions on how to place a bet to win, a BangBet beginner’s guide, types of bets and features, and so on. Let’s begin!
What You Need to Know About BangBet
Here are the things which you need to know about BangBet before placing bets on BangBet Kenya:
Basic Requirements and Conditions
- To place bets on a sports gambling platform in Kenya, you typically need to meet the following basic requirements and conditions:
- Age requirement: You must be at least 18 to legally participate in sports betting in Kenya.
- Create an account: Sign up with the platform by giving your personal information, such as your Mobile number and email address.
- Verify your identity: Some platforms may require you to give proof of identity and address to comply with the rules of KYC (Know Your Customer) regulations. This may include submitting copies of your identification card, passport, or utility bills.
- Deposit funds: To place bets, you should deposit funds into your BangBet account using the platform’s available payment methods, such as mobile money services (e.g., M-Pesa and Airtel Money).
- Understand the platform’s rules and regulations: Familiarize yourself with the platform’s terms and conditions, gambling rules, and responsible gambling policies to ensure that you place bets legally and responsibly.
- Be aware of taxes: Kenya has imposed taxes on winnings from sports betting. You should understand the tax implications before placing bets.
By agreeing to T&Cs of BangBet Kenya and playing games or placing bets, you accept and agree to be bound by these T&Cs and any updates or changes to them.
Limits and Commissions
Betting limits
BangBet Kenya may impose a daily or monthly limit on the amount you can bet. As of now, BangBet Kenya does not have gambling limits. But check the terms and conditions of the bookmaker platform for accurate information.
Deposits and withdrawal limits
Here are the minimum and maximum deposit and withdrawal limits on BangBet Kenya
Deposit | Withdrawal | |
---|---|---|
Minimum ( Daily ) | 1 KES | 100 KES |
Maximum( Daily ) | 140,000 KES | 140,000 KES |
For the USSD payment method: The minimum deposit and Minimum withdrawal are 10 KES.
Transaction fees and commissions
For mobile money services like Airtel and M-Pesa, transaction fees are generally charged by the service provider, not the betting platform. Fees can be based on the amount being transacted and the provider’s fee structure. Here’s a rough estimate of M-Pesa’s fees.
Deposit fees: Deposits are usually free, but sometimes MPesa may charge a fee.
Withdrawal fees: Withdrawal fees in Airtel are not mentioned officially, but for M-Pesa, it is 15 KES.
For Airtel Money, the fees can differ, so it’s important to check the current rates on the bookmaker’s official website or through BangBet customer support team.
Exact limits and fees may change from time to time. For the latest update, check the official website of the BangBet Kenya.
Account Verification, Tax Deductions
Account Verification
BangBet in Kenya requires you to verify their accounts to comply with the rules of Know Your Customer (KYC) regulations. The verification process typically involves the following:
Proof of identity
Submit a copy of a valid identification document, such as:
- National ID
- Passport or
- Driver’s license
Proof of address
Provide a document that confirms your residential address, for example:
- Utility bill (electricity, water, etc.)
- Bank statement
Selfie or photo with ID
Some platforms may require you to take a selfie or a picture of yourself holding your ID to further verify your identity.
Tax Deductions
In Kenya, taxes on betting winnings have been introduced. The specific tax rate may change depending on current regulations. There is a 20% withholding tax on betting winnings.
Basic Concepts, Types Of Bets, and Features
Types of Bets
Betting Type | Description |
---|---|
3 Way Single Bet | Predict the outcome of a match ( Draw, Home win and Away win) |
Multi Bet | Combine multiple match outcomes in a single bet |
GG/NG Bet | Predict if both of the teams will score (GG) or at least one team will not score (NG) |
O/U Bet | Predict if the total number of goals will be over (O) or under (U) a specific value |
Handicap Bet | Bet on a team to win or draw, taking into account a predetermined advantage or disadvantage |
Correct Score | Predict the absolute final score of a match |
Last/First Goal Scorer | Bet on the player who will score the last or first goal in a match |
Full Time/Half Time | Predict the outcome of a match at both full time and half time |
Double Chance | Bet on two probability of outcomes of a match, increasing the chances of winning |
These are just a few examples of the bets available on the bookmaker’s platform. Make sure to explore their platform for more options and betting markets.
How To Place A Simple Bet
There are 2 methods by which you can place bets in BangBet Kenya:
Via SMS
- How to place a 3-way Single bet?
- Send an SMS to 20829 with the format: “[GameID]#[pick]#[stake]”
- Example: “1234#1#100” or “1234#X#100”
- How to place a Multi bet?
- Send an SMS to 20829 with the format: “[GameID]#[pick]#[GameID]#[pick]…[stake]”
- Example: “1234#1#4567#2#200” or “1234#1#4567#2#6789#X#200”
- How to place a GG/NG bet?
- Single Bet: Send an SMS to 20829 with the format: “[GameID]#[pick]#[stake].”
- Example: “1234#GG#100” or “1234#NG#100”
- Multi Bet: Send an SMS to 20829 with the format: “[GameID]#[pick]#[GameID]#[pick]…[stake].”
- Example: “1234#GG#4567#NG#200” or “1234#GG#4567#GG#6789#NG#200”
- How to place an O/U bet?
- Single Bet: Send an SMS to 20829 with the format: “[GameID]#[pick]#[stake].”
- Example: “1234#O2.5#100” or “1234#U3.0#100”
- Multi Bet: Send an SMS to 20829 with the format: “[GameID]#[pick]#[GameID]#[pick]…[stake].”
- Example: “1234#O1.5#4567#U2.5#200” or “1234#U3.5#4567#O2.0#6789#U3.0#200”
- After placing your Bet, you’ll receive a confirmation message:
- “You have placed BetID 453264. Stake: KES 500.00. Possible WIN: KES 2,124.00. Your BangBet balance: KES 3,440.00.
USSD Method to Place Bet in BangBet
If you prefer to place a bet using BangBet USSD, follow these steps:
- Type *852# on your phone and press the call button.
- On the main screen, reply with 1 to go to the betting area.
- Pick the event by sending the number next to it. You can check other events, too.
- Choose how to play and how much to wager. Reply with 1️ for a home win, 2️ for a draw, or 3️ for an away win. The minimum stake is KES 30. Example: 1*30 means you wager KES 30 on the home team winning.
- Look at the betting result page. It’ll show if your bet was successful or not.
Tips On How To Place A Bet To Win
Betting Tips | Description |
---|---|
Analyze Teams/Players | Study the teams or players’ recent performance, stats, and results to understand their strengths and weaknesses, and make informed betting decisions. |
Choose Your Sport | Pick a sport you are passionate about and have good knowledge of to increase your chances of making smart bets. |
Use Promotions/Bonuses | Take advantage of BangBet’s promotions and bonuses for new and existing users to maximize potential returns and reduce risk. |
Avoid Emotional Betting | Don’t make impulsive decisions based on emotions or biases. Rely on objective data and analysis. |
Diversify Your Bets | Don’t put all your money on one bet. Spread your bets among multiple games or events to lower risk and improve winning chances. |
Ease Of Withdrawing Winnings In BangBet
Logging in to your BangBet account
First, visit the bookmaker website or open the mobile app and enter your mobile number and password to log in to your account.
Checking your balance
Once you’ve logged in, find the ‘Balance’ menu on the upper right side of the website page. Click or tap on it to view your current account balance.
Withdrawing your funds
To withdraw money from your account, click or tap the ‘Withdraw’ option within the ‘Balance’ menu or in your account settings.
Next, put the amount you want to withdraw from your account. Again, ensure it’s within the platform’s minimum and maximum withdrawal limits.
Now, you’ll need to provide your bank details. This may include your bank name, account number, and other required information. Again, double-check your details to ensure accuracy.
Once you’ve entered the correct bank details, proceed with the withdrawal by clicking or tapping the ‘Withdraw’ or ‘Submit’ buttons.
Instant deposit
After successfully submitting your withdrawal request, your money should be instantly or quickly deposited into your bank account, depending on the platform’s processing times and your bank’s policies.
Always double-verify your bank details and follow the platform’s withdrawal guidelines to ensure a smooth and hassle-free withdrawal process.
Conclusion
Kenyan BangBet is a popular online gambling platform offering many sports, competitive odds, and betting options. To make the most of your betting experience, it’s essential to create and verify your account, choose sports you’re knowledgeable about, and manage your funds responsibly. In addition, remember to take advantage of the platform’s promotions and bonuses, user-friendly interface, and customer support services. We’ve covered several aspects of BangBet Kenya, including BangBet registration and verification, deposits and withdrawals, types of bets, and betting tips. By understanding these concepts and following the advice provided, you can maximize your chances of success in online betting with BangBet Kenya.
FAQ
The Maximum BangBet withdrawal amount per payment is KES 70,000. The Maximum Daily payment amount is KES 140,000.