Terms & Conditions

Retail Terms and Conditions


1. Minimum Age to Place a Bet with WSB.

• National Gambling law prescribes that the placing of bets by persons under the age of 18 is an illegal transaction which is void in law.
• No Persons under the age of 18 are permitted into WSB stores.

2. Verification / FICA Requirements / KYC

• FICA / KYC regulations dictate that WSB must identify and validate all customers who transact with WSB and customers.
• Accordingly, you may be requested to provide documentary evidence of your identity and residence before you can place a bet with WSB.
• More information regarding the FICA Act can be found at http://www.fic.co.za
• If you fail to comply with FICA requirements, WSB shall be obliged to refuse to accept that bet from you.

3. Instore Competitions & Promotions.

• T&Cs for competitions and/or promotions will be made available upon request and will be specific to each competition/promotion.

4. Instore Settlements.

• Cash settlement is permitted if cash is available in the branch. If it is insufficient, an electronic transfer directly into a customer's account will be made.
• All FICA requirements must be met prior to any payments being made to a client by WSB.
• Transaction exceeding 25000 will be paid via Eft. alternatively, a cash payment will be made to the customer, this will be at the discretion of WSB.
• Electronic settlements will be processed within 48 hours of your request but are subject to banking hours and usual electronic settlement delays.
• Cash withdrawals from accounts are limited and or subject to availability of cash at the branch.  The balance of any larger withdrawal shall be paid via an electronic transfer.
• WSB reserves the right to verify the identity of all account holders at any time and particularly on withdrawal of funds. WSB, in its sole discretion, may require a client withdrawing funds to affirm, by way of signed and notarized affidavit, that the bets recorded as taken on his/her name are, in fact, his/her bets and not bets for any third party.

5. Cash Payout: Stolen ticket / lost ticket / Damaged Ticket.

5.1 Original Ticket Holder.

• No Cash Bets will be paid out to any person other than the original person who has placed the bet.
• WSB will under NO circumstances pay out any bets to any person without the original betting ticket.
• It is the client’s sole responsibility to ensure the safe keeping of their ticket / betting slip.
• WSB will not be held responsible for Damaged Tickets/betting slips.

5.2 Ticket Expiration.

• Winning Tickets/betting slips do not have an expiration date therefore there are no unredeemed tickets.
• Winning Tickets/betting slips can be collected at any time and do not expire.

5.3 Deduction from Winnings.

• All money owing by the client for unpaid bets will be deducted from the winnings.

6 Market / Contingency Descriptions.

• It is the client’s sole responsibility to make themselves aware of the market or contingency that they wish to place a wager on, as well as the descriptions and acronyms associated with it. For example, (3WAY, 2WAY, BTS), etc.

7 General Betting Rules, Terms and conditions.

• All Contingency Rules and Comprehensive Terms & Conditions are available upon request instore and are available on the WSB website: www-wsb-co-za-wsb.datafree.co
• ALL bets placed with WSB are subject to WSB rules terms and conditions.
• All prices subject to change without prior notice.