Thursday will likely be the third and final day of the bail hearing, but it could take at least another day, if not more, before the magistrate makes a decision on whether to release Pistorius while he awaits trial.
Botha argued today that Pistorius should be considered a flight risk because investigators discovered that he has offshore bank accounts and owns a house in Italy.
"I think it would be hard to get him back," Botha told the court. "This is a very serious crime, shooting an unarmed woman behind closed door."
After a decision on bail, the parties will postpone additional hearings for a week or two as police complete investigations and receive test results. Each side can then ask for additional time before a trial date is set by a high court. The trial might not take place until the end of this year.
Prosecutors also say they might file additional charges for unlicensed ammunition, after an unregistered .38 caliber pistol and ammunition were found in Pistorius' home.