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Last update by Silentbet.com on : 03 December 2019

NairaBet Review

As a result of the growing popularity of online betting in African countries, such as Kenya, Uganda, South Africa, there has been an increase in the number of bookies offering betting services. Such is the case with the Nigerian wonder company NairaBet which was founded in 2009 by the philanthropist, Akin Alabi, as a gambling venue built from scratch. In 2012, NairaBet became the very first online sbook platform in Nigeria and has taken the country by storm. Currently, the company’s headquarters are located in Lagos, with its activities falling under the National Lottery Regulatory Commission licensing authority. A decade has passed which saw the operator firmly cementing itself as the top online betting provider in the country thanks to its top-notch products, an extensive range of markets covered as well as its outstanding Customer Support.

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  • Live events
  • Cash out option
  • Virtual sports
Live Betting
Casino
Cashout

Available Sports

NairaBet’s primary focus has always been perfecting its sportsbook solutions, as it is currently offering over 20 sports types, with more being added on a regular basis. Unsurprisingly, Football takes an important place on its platform with nearly 500 events daily at the disposal of punters. This game is so loved in the country that the operator even sponsors one of the leading Nigerian Premier League Football teams, namely Shooting Stars SC (3SC). Apart from Soccer, bettors can make predictions and wager on such niche sports like Darts or Squash, for example.

Below you can see a list of all sports featured on NairaBet’s platform:

  • Football
  • Basketball
  • Tennis
  • Rugby League
  • Rugby Union
  • Baseball
  • Cricket
  • Motor Sports
  • Darts
  • Hockey
  • Handball
  • Aussie Rules
  • Futsal
  • Volleyball
  • Boxing
  • Badminton
  • Bowling
  • Squash
  • Cycling
  • Snooker
  • Table Tennis
  • Ice Hockey
  • Outrights
  • Virtuals

Betting Coverage

When it comes to betting at NairaBet, all players will be impressed by the diversity of markets available for all available sports. These include but are not limited to Match Winner, Total Games Odd/Even, Asian Handicap, Under/Over, and Winning Margins. With such a variety of markets, it comes as no surprise that the bet types are plenty as well. Punters can go for Singles, Multies, Combos, and Systems. For a smooth and enjoyable experience, NairaBet has provided such features as Bet Suggestion and Daily Coupon.

The odds you will find on the betting platform can be considered slightly higher than those currently on the market. Plus, if you couple that with the Bet Code, you can boost your potential winnings by sending your chosen selection to your friends. When wagering, keep in mind that there are three odd formats supported by the operator – Decimal, i.e., 2.70, Fractional, i.e., 17/10, and American, i.e., +170.


Website Design, Structure, Layouts and User Experience

preview of nairabet website

NairaBet’s team has made a safe choice by taking the road more traveled regarding the structure and design of the site. Nothing will wow visitors once they start browsing the different section while at the same time nothing will put them off, either. White background interspersed with royal blue banners and buttons with the occasional splash of orange here and there is what a lot of people consider the norm for traditional online betting websites.

The layout also fails to surprise, as all menu bars are exactly where you expect them to be. The main menu is on top with quick links to Daily Coupons, In-Play, Casino, Lucky 6, Blog, Tutorials, and Promotions sections; Login and Register buttons are locatred in the top right corner; instant access to Live Chat at the bottom left corner; and of course the scrolling promotional banner taking the honourable central place of the homepage. This familiar structure can hardly be considered as a disadvantage as it contributes to intuitive and enjoyable user experience.


How to Register at NairaBet?

The signup process at NairaBet is straightforward and will not take up a lot of your time. By registering, you can make use of any promotion code you have and more importantly, get access to all casino and betting products available on the platform.

We have outlined the steps you need to take to open a player’s account with NairaBet below:

how to sign up at nairabet
  1. Step 1: Visit the NairaBet’s website and click on the orange “Register” button located at the top right corner of the homepage.
  2. Step 2: Fill in all required information in the form that appears, including your username, password, nationality, currency, phone number, and email address. Mind you since the bookmaker is available only in Nigeria, you are limited in your choice of country and are expected to provide a Nigerian number.
  3. Step 3: In case you have a voucher code or any other promo code select “Yes” to the question, “Do you have a promotional code?”
  4. Step 4: Tick all three boxes at the bottom of the overlay, confirming you are 18 years old or older and that you accept the NairaBet’s General Terms & Conditions and Privacy Policy.
  5. Step 5: To continue the registration process, click on the blue “Proceed” button. This will open a second form asking you to provide personal information such as sex, full name, date of birth and address. Then select “Proceed” once more to open your very own NairaBet’s account.

Create your Account

Activation & Verification

Activating your account is an automatic process that is triggered as soon as you click on the activation link sent to your email. All you have to do now is deposit funds, and you are ready to immerse yourself in sports betting or casino gaming sessions of your choice. As for the verification procedure, it really is quite different from what other online bookmakers have in place. NairaBet doesn’t require its customers to send or upload scanned copies of their ID cards, utility bills, and so on. In rare cases, the operator may contact players by snail mail, using the correspondence as a means of verifying their identity.

Lost Password

Once again, the password setting process poses no problems for any customers who for some reason, cannot recall their login details. Right next to the “Login” button located at the very top of the NairaBet’s homepage you’ll find the “Forgot” quick link. Select it and provide your username in the pop-up window to retrieve your password. Soon, you can expect an email in your “Inbox” containing detailed instructions as well as a link which will assist you in logging into your account.


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Welcome Bonus
-
Rating
7.5
Bonus Percentage
-
Minimum Deposit
-
Turnover
-
Live Betting
Live Streaming
Cashout
Apps
-
Visit Nairabet
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Welcome Bonus
-
Rating
9.9
Bonus Percentage
-
Minimum Deposit
£5
Turnover
-
Live Betting
Live Streaming
Cashout
Apps
Welcome Bonus
€130
Rating
9.9
Bonus Percentage
100%
Minimum Deposit
€1
Turnover
x5
Live Betting
Live Streaming
Cashout
Apps
Link to 1XBet
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In-Play Sports Betting

live betting at nairabet

Live betting is undoubtedly all the rage these days, and NairaBet hasn’t failed to take note of this trend. Their dedicated “In-Play” page boasts an extensive range of sports and markets that make the mark. Among the sporting event, you can wager on while the games unfold, are Football, Tennis, Volleyball, and Basketball. Keeping track of livescores is made easy with the help of a Live Tracking virtual pitches and courts displaying relevant information on Total Shots, Corners, Number or Red/Yellow Cards when it comes to soccer for example. A large number of popular and niche markets are also available such as Draw, Double Chance, Asian Handicap, Clean Sheet, Both Teams to Score, Over/Under, and many more.


Sports Betting Products

Another area where NairaBet comes to shine is its unique betting products which are supported alongside some standard must-have features such as cashout for example. If you want to share your betslip with friends so they can wager on the same markets as you, simply generate a bonus code by clicking on the “Get Bet Code” button turning your experience into an interactive betting extravaganza.

Below you can read more about the most noteworthy options on NairaBet’s platform.

Cash Out

This fantastic feature allows you to cash in your betslip before the sporting event has come to an end regardless of the score. Place a live bet, and you are free to cash any time during the game with the amount changing depending on whether your team is winning or losing. Thus, you can mitigate a more severe loss or secure a minimal winning.

Bear in mind that this option is not always available in which case it will not appear on your betslip.

Live Streaming

Punters are so used to having access to Live Feeds which allow them to track the result of the matches they are betting on that some will find the absence of such a feature a big let-down. Still, NairaBet has provided a suitable alternative by integrating Live Tracking into their In-Play platform. Virtual courts and pitches make up for the missing Live Streaming option in as much that they allow for a visual representation of the game in real time.

Edit Your Bets

So many times, players have encountered situations where they have made a mistake when placing their bets. When it comes to most online betting sites, this is an irreversible mistake that cannot be undone once you have confirmed the selections on your betslip. Luckily for NairaBet’s account holders, this will not apply to them as they can make use of the “Edit Your Bets” option.

Of course, you need to meet a set of conditions first:

  • Only accumulator bets with at least 5 games qualify
  • You can cancel as many selections as you wish provided the selections are not reduced to less than 5
  • In addition to removing markets from your betslip, you can also add more games
  • As far as your stake goes, it can be increased but not reduced

It is, as NairaBet puts it, a truly game-changing feature.


Virtual Sports

virtual sports at nairabet

Any sports enthusiast would agree that there are never enough events, especially when it comes to soccer matches. Fortunately, we can all find a very convenient alternative to real-life sports in the face of their virtual counterparts. The only notable difference between them, apart from the computer-generated players, of course, is that the outcome of a given race or match is entirely dependent on an algorithm, Random Number Generator (RNG) which guarantees fair results at all times.

Below you can find information on the Virtual Sports featured on NairaBet’s website as well as the markets available for each one:

  • Football League: Match Winner, Halftime Winner, Handicap, Total Goals, Number Draws, Season Winner, Head to Head, Top 5 Finisher
  • Tennis: Match Price, Under/Over, Correct Score, Odd/Even
  • Eurocup Matches: Match Price, Correct Score, Under/Over
  • Horses: Win/Place, Dual/Straight Forecast, Dual/Straight Tricast
  • Dogs: Win/Place/Show, Straight/Dual Forecast, Straight/Dual Tricast

NairaBet Casino

casino games at nairabet

Limited though they may be, the gaming titles that are part of NairaBet’s casino library are enough to keep players engaged in great gambling sessions. Thanks to the innovative software provider, Pariplay, you can enjoy a variety of games in both “Play Now” and “Demo” versions. A special section of the Casino page is dedicated to the latest winners where you can see the username of the lucky winners as well as the amount they won.

Online Casino Games

Here are the different types of casino games featured at NairaBet:

  • Bingo & Keno: Lucky Keno, Rio Bingo
  • Instant Win: Santa’s Workshop, Asteroids, Fruit Blast, Gems Odyssey, Treasure Raiders
  • Scratch Cards: Zodiac Fortune, Royal Charm, Ocean Fortune, Mega Love
  • Video Slots: X-O Manowar, Tokyo Nights, The Three Stooges, Pong, The Magical Forest
  • Classic Slots: Monte Carlo
  • Roulette: European Roulette (UK)

Visit NairaBet Casino


Lucky 6

lotto game lucky six at nairabet

In addition to its sportsbook and casino platforms, NairaBet has dedicated a page for one of the most popular draw based games in the iGaming industry, Lucky 6. This game is similar to lottery games in respect that players need to choose 6 out of 48 numbers and hope they get drawn later on. The markets at your disposal here are Exact Sequence, First Ball Colour, Even/Odd Pre Numbers and more while the minimum stake cannot be lower than 150 nairas.


NairaBet Mobile Version

nairabet mobile portal

Like most modern online betting platforms, NairaBet has not thought it necessary to develop a mobile app which their customers can download on their phones. Instead, the bookmaker has made the most of what modern technology has to offer by providing a fully compatible HTML5 based mobile portal which lacks nothing compared to the desktop version. Consequently, any iOS, Android, or Windows user can get instant access to either the lite mobile version or full mobile one.

Even if you don’t have enough mobile data, you can still wager on sporting events by using your phone. Dial *5447# and provide your bet code along with the amount you want to stake. Take *5447*178466472*100# for instance, where 100 stands for your stake and the figures in the middle are the bet code generated by NairaBet.


Payment Options

There are several issues with the payment methods supported by NairaBet that many new account holders might consider worrisome. To start, since the bookmaker accepts customers who reside in Nigeria, the only currency they can use is the Naira (NGN). Therefore, even if they are abroad or prefer USD or another currency, they are not allowed to fund their accounts with it. Couple this with the limited choice of payment options and the lack of globally recognised e-wallets such as PayPal for example, and you might be looking at a potential deal breaker.

Luckily, you can see the silver lining thanks to the fact that unlike many online gambling operators, NairaBet has not imposed a deposit limit. Your bank determines any restriction you might encounter when making transactions. On the other hand, the daily withdrawal maximum is 500,000 NGN, and the minimum you can take out from your account is 1, 000 NGN. Mind you, NairaBet allows you to withdraw only your winnings and not any money you have deposited.

Paymenth MethodDeposit MinimumDeposit MaximumTime for Deposit
VisaNo limitNo limitInstant
MasterCardNo limitNo limitInstant
GTBankNo limitNo limitInstant
SberbankNo limitNo limitInstant
VerveNo limitNo limitInstant
Paymenth MethodWithdrawal MinimumWithdrawal MaximumTime for Withdrawal
Visa₦1,000₦500,0001 business day
MasterCard₦1,000₦500,0001 business day
GTBank₦1,000₦500,0001 business day
Sberbank₦1,000₦500,0001 business day
Verve₦1,000₦500,0001 business day
GTBank, Verve, MasterCard, Visa
GTBank, Verve, MasterCard, Visa

Security & Regulations

Being an active member of the Association of Nigerian Bookmakers, NairaBet adheres to strict rules and regulations stipulated by the gambling regulatory board. At present, the online betting operator has a valid licence issued by the State Lotteries Board meaning it has to remain transparent in its communication with customers, pay-outs of winnings and randomness of the results of its casino titles.


NairaBet Affiliate Program

Introducing new customers to NairaBet will enable you to make some money, so consider teaming up with one of the 10,000 partners of the bookie. Trying to redesign the frontiers of affiliate marketing, NairaBet has called its program “Income Access”. It offers very generous commission and additional perks should you decide to join the program and start monetising your website.

Here are the advantages of becoming an affiliate:

  • Transparency
  • Tracking and reporting platform
  • Detailed analytics
  • Commissions lasting up to a year
  • Competitive revenue share in the range of 30-50%

To register, you’ll need to visit the Affiliate Program page and provide a valid email address, ID card, and a website or some social media account.


FAQs

Read the Frequently Asked Questions section of our review to find answers that might interest you regarding NairaBet.

Can I get access to NairaBet through my mobile device even if it is not the newest model on the market?

Is there a Welcome Bonus for new customers at NairaBet?

What can I learn from the NairaBet tutorial?

Why use a bonus code when wagering at NairaBet?

Who is the owner of NairaBet?

Why can’t UK citizens bet on NairaBet’s platforms?

I can’t seem to find NairaBet APK file to download on my phone. Why is that?


Customer Support & Contacts

NairaBet is fully committed to providing outstanding support to its customers. Hence, the numerous way of contacting the bookmaker. Take a look at the table below for NairaBet’s customer care contact details.

Where is NairaBet headquarters located?

The headquarters of NairaBet is located in the city of Lekki in Nigeria. You can take a look at the exact location with the help of Google Maps so that you can get a better idea of what the office building looks like.


Overall Rating

All in all, exploring all options available for punters at NairaBet was an enjoyable experience. The bookmaker stands out with its customer-first approach, which really makes a difference. It may be true that there are aspects of the NairaBet online platform that are in great need of improvement. No Welcome Bonus seems like an oversight on their part plus their casino library will benefit a lot with the addition of other titles if NairaBet uses the services of more software providers.

Taking everything discussed so far into account, a rating of 7.5 out of 10 is fair and what NairaBet deserves at the moment.

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