Interbet Deposit

Posted By admin On 03/08/22

Set Up or Change Your Direct Deposit of Benefit Payment

  • A 100% new customer Bonus up to £200 will enlarge your funds at Interbet. If you deposit £200, you will get the maximum Bonus amount of £200, so you will have £400 added to your balance. Games from various software providers like NetEnt, Play’n GO as well as Big Time Gaming, to state a few, are compatible with your Bonus Funds.
  • Deposits made using DepositPoint consist of one item (check, money order, etc.) per deposit. To create a deposit, log in to Internet Banking, and select the “ Make a Deposit ” link from the menu on the left.
  • How to Set Up or Change Direct Deposit of Benefit Payment Online Log in to your account. Sign in and Select the blue Benefits & Payment Details link on the right side of the screen. Scroll down and select the Update Direct Deposit button, and choose if you are the owner or co-owner of the bank account.

With the Internet replacing brokers as a more convenient and reliable source of extensive current information on rates and also of transaction capability, the place of brokered deposit accounts has largely been taken by Internet deposit accounts. A few banks are primarily or entirely dependent on Internet deposits.

Do you want to set up or change the direct deposit of your benefit payment? We are constantly expanding and improving our online services, including the ability to set up or change your direct deposit information. If you already receive Social Security or Supplemental Security Income (SSI) benefits and you have a bank account, simply log in to or create your personal and secure mySocial Security account.

What is Direct Deposit?

Direct deposit is a simple, safe, and secure way to get benefits. If you need us to send your payment to a bank or credit union account, have all of the following information ready when you apply.

  • Social Security number
  • Bank routing transit number
  • Account type (checking or savings)
  • Account number

How to Set Up or Change Direct Deposit of Benefit Payment Online

  1. Log in to your account.
  2. Sign in and Select the blue Benefits & Payment Details link on the right side of the screen.
  3. Scroll down and select the Update Direct Deposit button, and choose if you are the owner or co-owner of the bank account.
  4. Enter your bank account information and select Next.
  5. Review and verify your banking information and select Submit then select Done.
  6. You can also decide when your change will take effect, by simply using the My Profile tab within mySocial Security.

Don't have a mySocial Security Account?

Creating a free mySocial Security account takes less than 10 minutes, lets you set up or change your direct deposit and gives you access to many other online services.

Additional information related to this service

As of March 1, 2013, you are required to receive your payments electronically. If you applied for benefits before that date and did not sign up for electronic payments at that time, we strongly urge you to do so now. For more information regarding switching to an electronic payment if you don’t have a bank account, visit Treasury’s Go Direct website or call the helpline at 1-800-333-1795.

Still have questions?

If you have questions or need help understanding how to set up or change direct deposit online, call our toll-free number at 1-800-772-1213 or visit your Social Security office. If you are deaf or hard of hearing, call our toll-free TTY number, 1-800-325-0778, between 8:00 a.m. and 5:30 p.m. Monday through Friday.

This is the InterBet website ('this website') operated by InterBet International (Pty) Ltd 2000/011570/07 Unit 16, Roeland Square. Roeland Street, Cape Town, 8001 Phone +27 21 4657340 ('Interbet').

Interbet is the holder of both a bookmaker and manufacturer license as issued by the Western Cape Gambling and Racing Board.

It is illegal to place bets via the Internet in some jurisdictions. Interbet does not warrant that the laws applying to the location where you place a bet permit you to place that bet via this website.


You may not open an account, activate an interbet account or place a bet on this website unless you are 18 years of age or older. Minors may not under any circumstances use this website.


Deposit

When you open an account on this website and every time you place a bet on this website you warrant that:

  • You are 18 years of age or older
  • Your use of this website and the placing of bets on this website is restricted to jurisdictions where such is not prohibited by law
  • CUSTOMERS FROM THE USA ARE EXPRESSLY PROHIBITED

In order to avail yourself of the services offered by Interbet you must complete the online registration process. It is the responsibility of every client to ensure that he/she complies with all applicable laws, regulations and rules with regards to gambling or otherwise.

Furthermore, clients must make themselves aware of all the rules and regulations affecting any event on which they wish to place a bet. Interbet reserves the right to amend these rules, regulations, terms and conditions at any time. Any such revision will be binding and effective immediately.

By clicking on the 'accept' button after entering your username and password you are indicating that you agree and warrant that you have read and understood these rules, regulations, terms and conditions and that you further agree to abide such and to be bound thereby.

If you do not agree to each and every term of this agreement, click the 'decline' button.

Interbet reserves the right to refuse any application without any further correspondence or giving any reason therefor. If there is any change regarding your personal details, you must inform us as soon as possible.


  1. The H.O.T bet is a feature that allows you to place a bet on any horse in in an activated venue and if your horse shortens or drift after you have placed your H.O.T bet, you will receive the Highest Odds Traded (H.O.T) on that horse up to 20/1.
  2. The reward of an H.O.T bet will only apply to a bet that has been placed using the H.O.T button on the betslip. You must click this button to activate the H.O.T bet and then click 'BET NOW'.
  3. The H.O.T bet is only activated on specific races and venues. Look for the H.O.T activated sign.
  4. Only one H.O.T bet will apply per race on which the feature is activated.
  5. Placing an H.O.T bet can only be done through www.interbet.co.za and is not available on interbet.mobi or the exchange.
  6. Your selection is final. An H.O.T bet cannot be cancelled. Please check that your bet is correct before placing it.
  7. The maximum stake for an H.O.T bet is R500.
  8. The maximum win from an H.O.T bet is R10,000.
  9. The H.O.T price will be derived from trade on Interbet's exchange platform 2 hours prior to the carded race time with maximum odds of 20/1.
  10. The highest odds will be determined by the volume traded on the horse. The odds must be traded at a volume of R10,000 or more for it to be deemed the Highest Odds Traded.
  11. If the H.O.T cannot be derived from the volume traded or tote odds, a bookmaker stretched odds will be determined from the closing S.P (Starting price) and shall not exceed 20/1.
  12. Scratchings with deductions and dead heat rules apply.
  13. Players designated by Interbet as expert or professional are excluded from this promotion.

All qualifying account holders will receive a 100% match on their first deposit on 05 July 2019 up to R300! Terms and Conditions apply as follows:


  • Interbet's General Bonus Bet terms and conditions apply.
  • To qualify you must make a deposit on 05 July 2019.
  • The match bonus of 100% will be applied to your first deposit on 05July 2019 once you have placed bets for the entire value of the deposit.
  • The maximum bonus you can recieve on 05 July 2019 is R300. Even if your first deposit is more than R300, you will only recieve a R300 bonus.
  • After you have met the requirements above, the bonus will be added to your account within 5 minutes.
  • The bonus bet balance is only available on interbet.co.za
  • The bonus bet is only available to leisure punters. Bookmakers and professional punters are excluded.

Please contact support for details of the bonus if you need any more information.


All qualifying account holders will receive a 100% match on their first deposit on 04 July 2019 up to R500! Terms and Conditions apply as follows:


  • Interbet's General Bonus Bet terms and conditions apply.
  • To qualify you must make a deposit on 04 July 2019.
  • The match bonus of 100% will be applied to your first deposit on 04 July 2019 once you have placed bets for the entire value of the deposit.
  • The maximum bonus you can recieve on 04 July 2019 is R500. Even if your first deposit is more than R500, you will only recieve a R500 bonus.
  • After you have met the requirements above, the bonus will be added to your account within 5 minutes.
  • The bonus bet balance is only available on interbet.co.za
  • The bonus bet is only available to leisure punters. Bookmakers and professional punters are excluded.
Interbet

Please contact support for details of the bonus if you need any more information.


  • The Bonus Bet is a risk-free bet on any fixed odds, pre-match, single bet available at Interbet to customers who hold an account with Interbet.
  • A bonus bet is made using funds in the bonus bet balance. The bonus bet balance is separate from a cash balance and any funds in the bonus bet balance cannot be withdrawn.
  • The bonus bet balance will increase as deposit match bonuses are added to it. For example, If the offer is a 100% match on a deposit up to R1,000, once an account holder has met the requirements to receive this bonus, they will receive a match bonus of R1,000 only, which will be added to their account.
  • The requirements to receive the match bonus is that an account holder must wager the entire amount of the qualifying deposit that is made before the match bonus is added to the account. If the total amount of the deposit is not wagered within the stipulated time for a specific promotion, the match bonus will not be added to the account.
  • The bonus will only be added up to the maximum amount stipulated. In the event that a qualifying deposit is in excess of the maximum deposit amount allowed for an offer, the match bonus will not be added to the total amount of that deposit but rather to part of the deposit that qualifies for the match bonus. For example, if the offer is a 100% match on a deposit up to R1,000 and an account holder deposits R2,000, they will only receive a match bonus on the R1,000 that qualified for the promotion and once the requirements are met, R1,000 will be added to their account.
  • The match bonus will be added to the account automatically within 5 minutes once the deposit and bet requirements, as explained in points 3 and 4 above, are met.
  • An account holder will have 30 days to use the match bonus from the date that it is added to an account. After this time, it will expire and be removed from the account.
  • The Bonus Bet balance is capped at a maximum of R5000. This is the maximum amount that is allowed to accumulate in an account. If there are active promotions running and you make a qualifying deposit but your bonus bet balance has reached the maximum of R5000, no further bonus can be added to your account.
  • If the bet that is placed with funds from a bonus bet balance is a winning bet, only the win amount will be paid. The stake that originated from a bonus is lost and it is excluded from the win amount.
  • The account holder can only place one bet per event using a bonus bet. For example, if your bet on the bonus ball in a lotto event is “Bonus Ball High” you will not be able to use a bonus bet to bet on “Bonus Ball Low” in the same event.
  • The bonus balance and bonus bet feature is only available on https://www.interbet.co.za and is not available through the Interbet exchange or on interbet.mobi.
  • The bonus bet cannot be used on tote, live betting or Interbet Exchange betting. The bonus bet may only be used on single, fixed odds bets under Horseracing, Numbers, Sport and Soccer Zone.
  • A withdrawal will lead to any amount in the bonus bet balance being forfeited. This means that if a withdrawal is made while there are any funds in the bonus bet balance, that bonus bet balance will be lost. For example, if you have R100 in your cash balance and R100 in your bonus bet balance and you decide to make a withdrawal, the R100 in your bonus bet balance will be removed from your account at the time that you confirm the withdrawal. It is best to use any funds in your bonus bet balance first, before making a withdrawal.
  • The Bonus Bet is only available to leisure punters. Bookmakers and professional punters are excluded. Professional punters will be deemed so at the discretion of management.
  • Loyalty points are not earned on bonus bets.
Deposit

This refund policy relates to the refunding of bets matched by the system.

Insofar as clients wishing to withdraw credit balances not subject to any ongoing dispute from their accounts, Interbet will deposit such funds directly into the client's bank account.

Upon registration all clients will be provided with a username and password, which will be required to place bets on the system.

All transactions conducted on the system under the username and password of the client shall be deemed to have been conducted by the client.

A bet shall only be regarded as being processed when recorded on the audit trail. The audit trail can be cross-referenced by a unique digital signature (ticket number) that will be issued to the client by Interbet in respect of each transaction processed by Interbet.

Notwithstanding the contents of the audit trail, tickets generated and the matched bets report which normally deem proof of the transaction, Interbet reserves the right, at their discretion, to correct any obvious errors and to take any necessary steps to protect the interests of all Interbet clients.

For example, if an event fails to be closed for betting at the correct time, Interbet reserves the right to void all bets matched after the actual start time. Clients however, may not cancel matched bets.

All transactions take place in South African Rands.

For EFTs, Bank Deposits and ATM deposits you are required to use your Interbet username as a reference. In the event that you supply the incorrect username as a reference and as a result the amount deposited is added to the incorrect player account at Interbet, Interbet will not be held liable for any loss you incur.

To deposit funds into your account you may make use of the following options:

  1. Internet transfer (EFT) direct to Interbet banking account
  2. VISA and Mastercard credit card deposit
  3. Send a cheque
  4. Bank deposit
  5. Voucher Payments

    You can fund your Interbet account with OTT Voucher or 1ForYou Voucher. Both deposit options have a max daily deposit limit of R3000.

1. Internet Transfer

  1. Open your STANDARD BANK, ABSA BANK, NEDBANK or FIRST NATIONAL BANK internet banking website.
  2. Create a beneficiary in the name of Interbet Legends Bet using the banking details as detailed below.
  3. To facilitate easy identification, please use your Interbet username as a reference.

NEDBANK

Account name: Interbet Public
Account number: 1232122904
Branch: Business Southern Peninsula
Branch code: 123209
Reference: Please use your Interbet username

Once you have captured the transaction, please fax the confirmation slip to (021) 4616414 or email to support@interbet.co.za.

For EFTs, Bank Deposits and ATM deposits you are required to use your Interbet username as a reference. In the event that you supply the incorrect username as a reference and as a result the amount deposited is added to the incorrect player account at Interbet, Interbet will not be held liable for any loss you incur.

2. Credit Cards

We accept VISA card and Mastercard. Internet credit card transactions are 'Verified by VISA' and 'Mastercard Securecode' protected.

Because Interbet clients benefit from the opportunity to bet at more favourable odds than available at most other Internet betting sites we do have to pass on some of the costs associated with credit card deposits to you.

Credit card deposits will be debited a 1.9% administration charge.

These charges will be displayed in your account when viewing your account details.

3. Send Cheque

Send a cheque in favour of Interbet Legends Bet to Unit 16, Roeland Square, Roeland Street, Cape Town, 8001.

Please display clearly your name, username and contact number on the back.

As soon as the funds have been cleared we will reflect the credit against your account thereafter you can start betting.

4. Bank Deposit

Visit your nearest Nedbank branch and deposit as follows:

NEDBANK Account name: Interbet Public
Account number: 1232122904
Branch: Business Southern Peninsula
Branch code: 123209
Reference: Please use your Interbet username

Interbet deposit accounts

Once you have captured the transaction, please fax the confirmation slip to (021) 4616414 or email to support@interbet.co.za.

Third party credit cards, cheques and bank transfers will not be accepted.

5. Voucher Payments

You can fund your Interbet account with OTT Voucher or 1ForYou Voucher. Both deposit options have a max daily deposit limit of R3000.

FICA regulations dictate that Interbet must identify and validate all customers who open an account with Interbet.

Accordingly you will be requested to provide documentary evidence of your identity and residence before you can place a bet with Interbet.

More information regarding the FICA Act can be found at http://www.acts.co.za/fica or www.fic.gov.za .If you fail to comply with FICA requirements Interbet is obliged to refuse to accept that bet from you.

A customer needs to provide the following documents to support@interbet.co.za in order to maintain the relationship:

  1. A certified copy of your ID and contact details
  2. A copy of your utility bill not older than 3 months, as proof of residence.
  3. A copy of a bank statement, not older than 3months.
  4. Under no circumstances will payments be made into a third party account.

To withdraw all or part of your funds select the ‘withdrawal’ option from your account.

Average Internet Deposit

The minimum withdrawal amount is R100.

If you have not supplied your account details, you will be prompted to do so.

If you have supplied your bank account details you will be prompted to confirm or update. Payments should reflect in your account within 2 to 3 days.

In line with FICA anti money laundering requirements please take note of the following:

  • Payments of credit balances will be only made upon request into the same account from which we received your deposit.
  • A copy of your ID and a utility bill of no older than 2 months as proof of address is required and must be faxed to (021) 461 6414 or via email to support@interbet.co.za.
  • Payments will not be made to third parties.

Promotional vouchers and free bets are offered for the purpose of betting only. These offers do not apply to existing or former account holders and apply to one registration per household.

Only winnings from free bets may be withdrawn as cash from your account.

A verification deposit will have to be made and wagered at least once through before a withdrawal originating from a no deposit bonus will be paid to you.

You will need to rollover the voucher or credit given 3 times prior to making a withdrawal.

Any bets placed containing selections at odds of less than 8/10 (1.80) will not count towards any rollover requirement.

If Interbet suspects that match fixing has occurred, Interbet reserves the right to withhold all funds on affected accounts and supply all account information to the relevant authorities and/ or refund the relevant bet.

The telephone betting service is intended for exceptional circumstances when an Interbet customer cannot access the Internet or cell phone betting service.

This service is only available during regular office hours.

Interbet does not guarantee that bets requested by customers telephonically will be satisfied.

The minimum stake for bets placed telephonically is R100.

All telephone calls will be recorded.

The Interbet telephone operator will call your bets back to you. Please listen carefully as this constitutes the final transaction confirmation – both in the case of confirmed bets and bets on request.

For your own protection do not divulge your pin to any person other than the authorized Interbet staff.

Internet Deposit

Interbet recommends that customers change their PINs on a regular basis for further protection and security.

To activate your telephone betting account you must log on,click on ‘my profile’ and select a 4 digit PIN.

Telephone betting number 0861 150 160.

In the event of a dispute arising between the parties hereto, including but not limited to disputes as to whether a particular trade has been matched or not, then the parties hereby agree that such dispute be settled by way of arbitration.

The parties further hereby agree that the forum for such arbitration shall be the offices of the Western Cape Gambling and Racing Board situate Seafare House, 68 Orange Street, Cape Town 8001, South Africa.

The parties further hereby agree that the Arbitrator shall be the Manager for Horse Racing and Betting of the Western Cape Gambling and Racing Board or his nominee and that the decision of the arbitrator shall be final and binding on the parties.

Deposit

Where such dispute originates in another Province the Manager may, at his discretion refer said dispute to the relevant Provincial Licensing Authority.

Should a dispute be referred to arbitration, then Interbet shall not suspend the disputing client's ability to trade on the system pending the outcome of the arbitration. In such event however, the client shall only be entitled to trade on the system to a maximum potential liability equal to the difference between the amount of any trade/s which form the subject of a dispute and the value of the funds deposited by the disputing client with Interbet.

Interbet respects our clients right to privacy and the Privacy Policy describes the type of information gathered and the reasons for holding such data.

By visiting this website, you are accepting the practices described in this Privacy Policy.

If we change our Privacy Policy we will post these changes on this page.

The information we collect from users of this site (usually by means of forms such as the registration and contact forms) is limited to personal details needed for the purpose of business communications, administration, and providing you with promotional offers, for example: your name, address, telephone number, and e-mail address. We will collect, store, process, transmit or otherwise handle private information only with your knowledge and consent, and we will to the best of our ability ensure such information is not made available to any third party except as required to by law.

In particular the client agrees that access to the system is available to the regulators and as such information is disclosed to the gaming board as required by and envisage in the relevant Acts.

Further information of a non-personal nature may be gathered in the form of cookies or log files (for example, the IP address of your computer, the date and time of your visit, which pages you browsed and whether the pages have been delivered successfully.)

Your IP Address is automatically collected and used for purposes of quality control, diagnosing problems with our server, administration of our web site; to gather demographic information or judge the popularity of our site areas.

Interbet may also use this data in aggregate form to develop customised services If you require access to information on what data is held about you, this can be obtained by contacting us (in accordance with the Promotion of Access to Information Act No. 2 of 2000).

Thank you for reading the above, which is a requirement of the ECT Act of 2002.

Marketing communication and opting out:

By clicking register when creating an account, you consent to us contacting you through any and all means of communication (in written or verbal form and including, but non limited to e-mail, telephone and SMS) in respect of matters relating to your account.
To unsubscribe from email communication, please use the 'Unsubscribe' link at the bottom of any informational or marketing email that we send to you. To opt out of SMS messaging, please SMS STOP to a message received from Interbet. Alternatively, you can send an email to support@interbet.co.za requesting your removal from our email/SMS sending list.


All information supplied ion this website is done so in good faith. However, Interbet does not warrant that all and any information is true and correct and shall not be liable for any errors or omissions in any information, including but not limited to the posting of process, runners, times or general statistics.

During the registration process; when you use your account; and when you request a withdrawal from your account, specific personal data ('Personal Data') is collected including, but not limited to: government-issued ID number, Password, phone/mobile number, first and last name, date of birth, credit card data, home or another physical address, e-mail address, or other contact data.

In addition, we may collect and log a record of all telephone calls, internet communications, details of transactions you carry through the site and details of your visits to the site. Any personal data received is processed in accordance with your rights, obtained only for a specific and lawful purpose, kept in a secure manner, and is utilized for marketing purposes based on the opt-out principle. Please note that all correspondence and telephone calls may be recorded for training purposes.

We will authorise the financial institution which you used when requesting a withdrawal, to provide information about you should this be requested by the local Gambling Commission or FIC in relation to your transactions or gaming. We will disclose personal data when ordered to do so by any governing authority and/or under any legal provision contained in the governing law. We will also disclose information as required to enforce our Terms and Conditions.

For fraud detection and control purposes, you agree that we retain the right to transfer your personal data to third parties, including so-called AVS service providers and other partners, should the need arise. Furthermore, we reserve the right to disclose personal data to relevant recipients where we have reasonable grounds to suspect irregularities that involve an account.

Interbet shall not be held liable for any losses howsoever incurred, including whether or not such loss arose due to the failure of equipment or software owned by the client, or by Interbet operator failure, or the malfunction of the system in any way, or any other cause whatsoever.

Internet Depositions

Interbet shall also not be held liable for any losses incurred due to the inability of the client to access the system.

Interbet, the owners and operators of this website and any associates shall not be held liable for any loss of any nature whatsoever and howsoever arising that may be incurred, directly or indirectly, from:

  • The access, use or reuse of and/or participation on this website and/or the services provided thereon;
  • The access, use or reuse of the server and/or of any of the software of Interbet or that of its agent,
  • Any bet placed or other transaction engaged in by any user of this website,
  • The inability to access and/or use the website,
  • Reliance being placed on information supplied on this website and/or
  • Any breach of warranty by Interbet.

Including but not limited to loss that has arisen from the failure of equipment or software owned by the client, or by Interbet operator failure, or the malfunction of the system in any way, or any other cause whatsoever.

Fenix Internet Deposit

The client hereby agrees to indemnify Interbet, the owner and operator of this website and any of their respective employees, officers, directors and any and all associated or affiliated persons, associates or organizations and hold them harmless against all and any claims, liabilities, damages, costs and expenses of any nature whatsoever, that may be made against any of them arising, directly or indirectly from: -

  • Any of the causes referred to in the preceding paragraph
  • The client breaching any of the warranties given by the client in these terms and conditions
  • Any legal action taken by or against the client of any nature whatsoever, including but not limited to that arising from the criminalization of internet betting within the user's jurisdiction.

Collection of winning bets

  1. If any winning amount payable by the holder of a bookmaker or totalisator operatorli cence in consequence of a bet is not collected within ninety (90) days of the date on which the outcome thereof was finally determined, such bet shall be payable at the discretion of the relevant licence holder, provided that any tax payable in respect of such a bet shall remain payable, irrespective of whether payment is effected.
  2. The holder of a bookmaker or totalisator operator licence shall, in a prominent position within its licensed premises where it’s licensed premises provides physical access to the public for betting purposes, display a notice informing players that winnings in respect of any bet must be claimed within ninety (90) days of the determination of the outcome of such bet.

Payout limits

  • Except for bets placed on the Tote or where a higher single win payout limit is expressly specified, the maximum win for any bet or group of bets placed by an Interbet client is limited to R500,000 during a 24 hour period. Irrespective of any combination of winning tickets no payout will exceed this amount under any circumstances.

Notice: “No more bets”

The holder of a bookmaker or totalisator operator licence shall display in a prominent and visible place on the licensed premises where its licensed premises is open to the public for betting purposes a notice in large legible writing and in permanent ink where bets are offered on horseracing events, stating that:

  1. no bets shall be accepted in respect of a horserace once such horserace has officially started, and
  2. all bets placed on a horserace after the official starting time thereof will be void.