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The BetOlimp promo code is BOLAF in September 2026. Players in South Africa can use it to claim a 100% deposit match up to R3000. The minimum deposit amount to activate the welcome bonus is only R50.
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Licensed in: ZA
Licensed in: ZA
| BetOlimp Bonus | Bonus Details | Promo Code |
|---|---|---|
| Sports Welcome Offer | 100% first deposit match up to R3,000 |
Terms and conditions:
South African players only. New customers must be 18+ years old. R50 min deposit. Terms and conditions apply.
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| Casino Welcome Offer | 100% up to R3,000 + 250 spins |
Terms and conditions:
South African players only. New customers must be 18+ years old. R50 min deposit. Terms and conditions apply.
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| Refer a Friend | R50 for every friend who signs up |
Terms and conditions:
South African players only. New customers must be 18+ years old. R50 min deposit. Terms and conditions apply.
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| Multi-Bet Bonus Boost! | Up to 30% ACCA boost. |
Terms and conditions:
South African players only. New customers must be 18+ years old. R50 min deposit. Terms and conditions apply.
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COVER EXPERT ANALYSIS
The maximum of R3000 is certainly in the upper limits for sportsbooks in South Africa, which is one of the reasons you should give BetOlimp a try.
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Table of Contents
Explaining BetOlimp Sign Up Bonuses
The BetOlimp promo BOLAF lets you claim one of two sign-up bonuses: the sports or casino welcome package.
| Elements | Sports Bonus | Casino Bonus |
|---|---|---|
| Welcome Bonus Amount | Up to R3000 | Up to R3000 + 250 free spins |
| Minimum Deposit | R50 | R50 |
| Wagering Requirement | 7x bonus + 1x deposit | 40x of at least R200 bet |
| Eligible For | Single-line bet of 2.00 odds | Free spins only on Jumanji slot |
| Valid for | 7 days | 10 days |
| Promo Code | BOLAF | BOLAF |
Sports Offer: Up to R3000 Matching Deposit
The sports bonus gives new players a 100% matching bonus. For those who are unfamiliar, this means that the maximum deposit is R3000. I tried depositing more, but the maximum bonus is capped at R3000.
After reviewing multiple South African welcome bonuses, I can say that the R50 minimum deposit is among the lowest in the industry. Of course, you can opt for no-deposit, but that is rare, and most of the time it is only in the form of a free bet.
Once you complete the requirement, you can withdraw up to a maximum of R10,000. That is huge, but they require players to wager at least 7x the bonus amount + 1x the deposit amount on odds of at least 2.00. That is achievable within 7-days, especially if you plan to bet on football. The issue is the potential winning amount is a lot more than what we can withdraw.
For that, we’d say there are alternatives that allow higher withdrawal amounts, such as the Hollywoodbets promo code.
Casino Offer: Up to R3000 + 250 Free Spins
The entry point is the same for the casino bonus, except you have an additional 250 free spins that can only be used on the Jumanji slot. The validity is slightly longer, up to 10 days, but that’s only because you have to wager 40x.
This is, of course, incomparable to the sports betting offer, as it is a completely different type of bonus. Just a little ‘FYI’ in case you wanted to select the casino option instead.
Steps to Claim BetOlimp Promo Code
Step 1 – Click Sign-up
Click the link at the top of this page. It will take you straight to the official BetOlimp site.
Step 2 – Click Join
On the BetOlimp homepage, click the yellow “Join” button in the top-right corner of the page.
Step 3 – Personal Info
Fill in your name, surname, username, email address, telephone number, password, and a four-digit PIN. Use promo code: BOLAF.
Step 4 – ID Number & Address
The right-hand side of the form requires your date of birth, ID number, province, address and information about how you came to BetOlimp.
Step 5 – Finalise Account
After clicking the “Create My Account” button, you’re all set up and ready to take advantage of the BetOlimp promo code. You can start the deposit process by clicking the link above the “OK” button or follow the usual steps to complete your first deposit.
Step 6 – Making Deposits
Back on the homepage, navigate toward the top-right corner and locate the money symbol. Clicking the icon will start the deposit process.
Step 7 – Payment Options
Select your preferred payment method from those that are available.
Step 8 – Enter Amount
Enter the appropriate amount to qualify for the welcome offer and hit “Continue”.
Step 9 – Finalise Deposit
Confirm the deposit and you will be directed to a page where you can enter your payment details. You must approve the transaction with your bank and the deposit will reflect immediately in your BetOlimp account.
BetOlimp Promo Code Compared to Others
Let’s see how this bookie’s sports welcome bonus compares to some of the best betting sites in South Africa.
| Bookmakers | Bonus Offer | Minimum Deposit | Wagering Requirements |
|---|---|---|---|
| BetOlimp | 100% deposit match up to R3000 | R50 | 1x deposit + 7x bonus |
| Lulabet | R50 free bet or R250 free bet | R50 or R250 | 1x deposit + 1x bonus |
| Hollywoodbets | R25 Sign Up bonus | None | 1x bonus |
| Betway | R10 extra bet | R50 | 1x deposit |
Without a doubt, most of the other welcome offers are easier to complete their rollover requirements; however, BetOlimp offers the highest maximum amount in this grouping.
The Lulabet promo code presents the most unique choice here with either a R50 or R250 free bet.Alternatively, you can also claim the Betway sign-up bonus, which comes with a R10 extra bet as part of a 3-part welcome back which includes 10 casino spins and 10 Aviator flights. But the total bonus value is significantly less than that of our chosen betting site.
Other Active BetOlimp Promotions
In addition to getting the welcome offer from the BetOlimp promo code, you can also enjoy several other exciting promotions for existing players.
| BetOlimp Promotion | Details |
|---|---|
| Acca Insurance | Up to R500 refunds if one leg of your 5+ acca bet lets you down (min total odds of 6.0) |
| Multi-Bet Bonus | Up to 30% boost on your accumulator bets |
| European Big 5 Cashback | 10% cashback up to R3000 on net losses from bets on Europe’s top five leagues |
| Refer A Friend | Receive a R50 Bonus for every friend invited |
BetOlimp Acca Insurance
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With the BetOlimp acca insurance, you can get your stake back up to R500 if your accumulator loses by one leg. This promotion is excellent for acca lovers and provides security for your multi-bets.
This promotion applies only to pre-match bets with 5+ selections on the Full-Time Result (Match Winner) market in the Premier League, La Liga, Serie A, Bundesliga, Ligue 1, MLS, Champions League, and Europa League (including qualifiers). The minimum qualifying stake is R50, and your combined odds must be 6.00 or more.
You need to contact Live Chat on the site within 72 hours of your qualifying bet settling to claim your refund, up to a maximum of R500. Bonuses must be wagered 6x at minimum odds of 2.00, and can’t be combined with wagering from another promo. The maximum bonus win is capped at R10,000.
Multi-Bet Bonus Boost
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The BetOlimp Multi-Bet Bonus Boost gives you up to 30% extra on your total winnings for successful pre-match and live accumulator bets.
The minimum odds per selection must be at least 1.30, and the bonus ranges from 2% for 2 selections to 30% for 25 or more selections. You can still receive a boost even if your accumulator includes refunded legs (push or void results), provided your final combined odds are above 1.69.
Bet on the Top 5 European Leagues and Get Up to R3000 Weekly
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The 2026/2027 European football season is underway, and not only does BetOlimp offer full coverage of your favourite leagues, but the bookmaker also gives you up to R3,000 cashback on lost stakes when you bet on the top 5 leagues.
This means you get 10% refunds on your net losses from bets on the Premier League, La Liga, Bundesliga, Serie A, and Ligue 1. A minimum weekly net loss of R100 qualifies you to claim this cashback, which is paid automatically every Monday.
To fully benefit from this offer, make sure you bet with real money and not bonus bets, and you also can’t use Bet Boosts. Additionally, you can’t claim the cashback while you have an active bonus or outstanding wagering requirements.
Refer A Friend and Get a R50 Bonus!
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Bring your friends to BetOlimp and get a R50 bonus for every friend you refer. There’s no limit to how many friends you can invite. This offer is for online players only. Both your account and your friend’s account must be FICA-approved to receive the bonus. Your friend also needs to deposit and wager at least R50 in real money before your bonus is credited.
Once all conditions are met, contact [email protected] or Live Chat and provide your friend’s username. You will be credited with the R50 bonus within 48 hours after your verification is complete.
Referral bonuses are valid for 7 days and must be wagered 6x on single sports bets at 2.0 odds or higher before you can withdraw winnings. Maximum withdrawable winnings from this bonus are R2,500.
Final Verdict on BetOlimp Promo Code
Big is an understatement when describing the BetOlimp sign-up bonus. The maximum of R3,000 is certainly in the upper limits for sportsbooks in South Africa, which is one of the reasons you should give BetOlimp a try.
Although the wagering requirements are tricky, I found it easy to navigate once I deposited money and started betting on casino games. Our BetOlimp review provides more information about what you can expect from this South African site.
Pros
- High maximum deposit match of R3000
- Achievable minimum odds for bonus funds of 2.0
- Ample time to meet requirements before bonus expires
- Free spins for casino welcome bonus
Cons
- A steep 7x and 50x wagering requirement for sports and casino bonuses respectively.
- Free spins come with their own 25x wagering requirement.
FAQ
What is BetOlimp promo code?
The BetOlimp promo code is BOLAF. It gives new players a 100% deposit match up to a maximum of R3000.
Does BetOlimp offer a no-deposit bonus?
No, BetOlimp doesn’t currently offer a no-deposit bonus. Even for the casino free spins, you need a minimum deposit of R50 to get the free spins.
Can I use the promo code if I already have an account?
No, unfortunately, you can’t use the promo code if you already have an existing BetOlimp account.
Is BetOlimp Legit?
Yes, BetOlimp is a legitimate and fully licensed sportsbook in South Africa, holding a Bookmaker License from the Western Cape Gambling and Racing Board.
