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‘I lost my NSFAS’: SA students are trapped in online betting

With youth unemployment sitting at 46.1%, a R20 sports bet looks like hope to cash-strapped students. But small wins often mask a dangerous "money spiral of death." From empty wallets to severe anxiety, we look at how online gambling is gripping SA campuses and where to find free, confidential help

by Sphesihle Makhubu Marrion Scheepers and Ziggy Motman
5th June 2026
in Trending
Reading Time: 7 mins read
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Online sports betting is a silent epidemic on SA campuses. Discover how students get trapped chasing losses with NSFAS money and where to find help.  Photo: RDNE Stock Project/Pexels

Online sports betting is a silent epidemic on SA campuses. Discover how students get trapped chasing losses with NSFAS money and where to find help. Photo: RDNE Stock Project/Pexels

On the surface, 19-year-old Mhlengi* looks like he’s always one win away from changing his life. His Facebook feed is full of screenshots of wins and booking codes. Off-screen, he is skipping meals and fighting anxiety.

“I thought I had a system,” says the Nelson Mandela University Economics student. “But I was chasing losses. I lost R3 000 from my NSFAS book allowance in one month.”

And Mhlengi is far from alone. The National Gambling Board says gross gambling revenue hit about R59.3 billion in 2023/24 – up 25.7% on the previous year, after an even bigger jump in 2022/23. Sports betting is a big chunk of that growth. While there is no data to indicate how widespread online betting is among students, anecdotal evidence suggests that it is on the rise.

Desperate for money

Betway, Hollywood Bets and EasyBets are some of the most popular online betting platforms in South Africa. A contributor to these platforms’ increasing popularity is links to popular sports in the country, like soccer and cricket, as well as easily accessible mobile apps that offer pin money of R25 to R50 as sign-up bonuses.

The National Student Financial Aid Scheme (NSFAS) supports more than 800 000 students a year, but some say the money does not stretch far enough.

At the same time, youth unemployment is sitting at about 46.1% for 15–34-year-olds. That is where betting slips start to look like extra “income”, not a risk. When your CV gets ghosted, and part-time work is impossible to find, an R20 bet promising R2 000 looks like hope.

Caught in the web of online gambling? Here’s how to escape

Hidden harm of betting highs

Dr Khameshnee Ramasamy, a Clinical Psychologist at Nelson Mandela University, calls youth betting a “silent epidemic”.

“The dopamine rush from betting mimics drug addiction,” she explains. “Young people are particularly vulnerable because the consequences are delayed, but the highs feel instant.”

Research for the South African Responsible Gambling Foundation suggests around 4.7% of South Africans are at risk of developing a gambling problem, while about 0.4% already meet the criteria for problem gambling. Many of them are under 35 years.

Psychology student and peer adviser, Seluleko Gasa, sees it firsthand.

“One in three students who come to me either need help after losing money to gambling or ask for loans because they’re trying to impress others on campus and on social media,” he says.

For Bedford-raised Law student Mario*, betting started as a “side hustle” to cover gaps when NSFAS was late or did not cover everything he needed in a month.

“Tuition, textbooks, rent, food, data – it all adds up,” Mario says. “I told myself I was just hustling so I’d have something to fall back on if things went sour with NSFAS.”

At first, he won small amounts. Then, as the losses piled up, he was topping up accounts with money meant for groceries and transport.


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The trap of small wins

But gambling researchers warn about “the money spiral of death” – a cycle where small wins keep you hooked while the overall losses grow. Adrian and Jonathan Parke, who studied online sports betting, and described how people bet until their pockets run dry, then keep betting anyway to “win back” what they had lost.

Near-misses make it worse. You almost hit a six-leg multi. You were “one goal away” from a massive cash-out. That feeling of being close triggers another deposit, and another, and another.

Over time, the emotional toll can be brutal:

  • Constant stress about money
  • Hiding bank statements or screenshots from family and partners
  • Lying about what the money was “really” for
  • Anxiety, insomnia, depression and, in some cases, suicidal thoughts

“I gamble because I’m trying to escape,” says Owam*, a young student who started betting while dealing with family conflict at home. “It’s easier to stress about money than to stress about people who are always fighting.”

The problem is that he now has both kinds of stress – the emotional drama and the empty wallet.

Mario admits, “At some point you have to ask, ‘Is this really a hustle, or is it hustling me?’ I’d rather be broke and peaceful than broke and addicted.”

Breaking the shame and silence

So what actually helps? Ramasamy says the first step is dropping the shame.

“Betting thrives in silence,” she says. “If your gambling is affecting your mood, your sleep, your studies or your relationships, it’s not just ‘fun’ anymore. It’s okay to say, ‘I need help’.”

On campus, most universities have student counselling services where you can talk about money-stress, addiction and mental health confidentially and for free.

Some campuses are starting student-led campaigns like #BettingBreak, where young people share honest stories about losing money and rebuilding their lives.

“Having someone say, ‘Yeah, me too – I’ve been there,’ makes a huge difference,” says Seluleko*. “It turns gambling from a secret into something you can actually work on.”

She advises people feeling trapped to speak to a friend, cousin, mentor, counsellor or lecturer – saying the number out loud (“I’ve lost R2 000 this month”) can be a shock in the best way. It turns vague guilt into a clear starting point.

Make it harder to bet. Delete betting apps, block gambling sites on your phone, and avoid hanging out in “betting spots” like certain shisa nyamas or campus corners where everyone is on Hollywoodbets.

The dopamine hit from “almost winning” is real. Swap that rush for something healthier – sport, gym, gaming with spending limits, creative hobbies or campus societies – to give your brain a new groove.

If you are not ready to quit completely, cap yourself strictly (for example, “R50 a week, never on NSFAS money or rent”). Write it down. Ask a friend to hold you accountable.

Professional help is available. The South African Depression and Anxiety Group (SADAG) runs a 24-hour Cipla Mental Health Helpline on 0800 456 789, plus WhatsApp support lines and a Substance Abuse Helpline on 0800 12 13 14.

The National Responsible Gambling Programme also offers a 24-hour counselling line on 0800 006 008 for people struggling with gambling.

*Student surnames were omitted to protect their identities.

  • This article was first published by Khulani!

READ NEXT: Choef-choef: Why SA youth are getting hooked on vaping

Tags: AnxietyMental HealthShow me a better waySouth African Depression and Anxiety Group
Sphesihle Makhubu Marrion Scheepers and Ziggy Motman

Sphesihle Makhubu Marrion Scheepers and Ziggy Motman

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