Betway Nigeria Sports Betting Review 2020

NG

Betway
50% up to ₦20,000
GO TO Betway
9.2
50% up to ₦20,000
T&C APPLY, 18+ ONLY
T&C APPLY, 18+ ONLY

POSITIVE
  • 6 Deposit Options Are On Offer, At The Time Of Writing
  • A Wide Variety of Sports-Based Promotional Offers
  • Comprehensive Live Betting Arena
NEGATIVE
  • Could use a few more Bingo games
  • VIP Program isn’t as clear as it should be
  • 6 Deposit Options Are On Offer, At The Time Of Writing
  • A Wide Variety of Sports-Based Promotional Offers
  • Comprehensive Live Betting Arena
  • Could use a few more Bingo games
  • VIP Program isn’t as clear as it should be

Introduction

Having been founded in 2006, Betway Nigeria is without a Naira of a doubt, one of the best betting sites in Nigeria. Betway NG is licensed and regulated by the Lagos State Government, and the National Government of Nigeria.

That being said, the purpose of this review is to gauge Betway Nigeria’s offerings, and to establish whether the betting site is a perfect fit for you. Does Betway Nigeria offer all that you expect of a good betting site? Read on to find out, and learn much more.

Registration process


  • The registration process at Betway Nigeria requires you to fill a registration form
  • You must click on the green-coloured “Sign Up” button, at the top-right hand side of your screen, to initiate the registration process at Betway Nigeria
  • As soon as you click on this button, the first step of Betway Nigeria’s registration process will appear on your screen
  • Betway Nigeria’s registration process requires you to complete two steps of personal detail filling
  • You may have to submit documents with respect to Proof of Identity, and Proof of Address, when you initiate your first withdrawal

Betway review registration 1

To register at Betway Nigeria, you must click on the green-coloured “Sign Up” button, at the top-right hand side of your screen. As soon as you click on this button, the first step of Betway Nigeria’s registration process will appear on your screen. In all, you must complete two steps of personal detail filling.

As can be seen from the above-mentioned image, the first step of Betway Nigeria’s registration process requires you to enter your mobile number (+234), choose a unique password, enter your first name, enter your last name, and enter your email address.

As soon as you have entered the above-mentioned details, click on the green-coloured “Next” button. As soon as you click on this button, you will be redirected to the final step of Betway Nigeria’s registration process.

betway registration 2

As can be seen from the above-mentioned image, the final step of Betway NG’s registration process requires you to enter your date of birth, enter your full address, and select your territory of residence.

You must confirm that you are over 18 years of age, and that you accept Betway Nigeria’s Terms and Conditions. As soon as you have entered the above-mentioned details, click on the green-coloured “Register” button.

Betway review registration 3

As soon as you click on this button, a successful registration message will appear on your screen, along with your Account Number. As this stage, you can choose to deposit funds into your account immediately, or gauge the various markets on offer at the betting site first.

Click on the green-coloured “Deposit Now” button, or the “Deposit Later” option accordingly. You may have to submit documents with respect to Proof of Identity, and Proof of Address, when you initiate your first withdrawal.

Deposits and Withdrawals options


  • At the time of writing, Betway Nigeria is offering 6 deposit options
  • The minimum deposit amount on offer is 100 NGN
  • The maximum deposit amount on offer is 250,000 NGN
  • Deposits are processed instantly
  • The Betway Nigeria minimum withdrawal amount on offer is 100 NGN
  • You may have to submit documents with respect to Proof of Identity, and Proof of Address, when you initiate your first withdrawal

Betway review payment methods

As soon as you have registered at Betway Nigeria, a successful registration message will appear on your screen. You can choose to deposit funds into your Betway NG account at this stage, or gauge the betting site’s various offerings first.

To deposit funds into your Betway NG account, click on the green-coloured “Deposit” button, at the centre of the top of your screen. As can be seen from the above-mentioned image, Betway NG is offering 6 deposit options.

Paystack Credit Card, Paystack Debit Card, and Paystack EFT come with no attached deposit fees. The former two come with a maximum deposit amount of 250,000 NGN, while the latter comes with a maximum deposit amount of 200,000 NGN.

Deposits made via GT Bank, and USSD M-Cash come with a deposit fee of 20 NGN, and 25 NGN respectively, while deposits made via Paga come with a Standard fee. The minimum deposit amount on offer at Betway NG is 100 NGN – Deposits are processed instantly.

That being said, the use of Credit Cards will be banned as a whole, from the 14th of April, 2020. The only available withdrawal options on offer, are Paystack EFT, and Mobile Money. To withdraw funds from your Betway NG account, click on the green-coloured “My Account” option, at the top-right hand side of your screen, followed by the “Withdraw Funds” option.

The Betway Nigeria minimum withdrawal amount is 100 NGN – Withdrawals may take up to 2 business days to be processed. You may have to submit documents with respect to Proof of Identity, and Proof of Address, when you initiate your first withdrawal.

Check our extensive guide to payment options in Nigeria here. 

Welcome Bonus


  • At the time of writing, Betway Nigeria is offering a wonderful welcome offer bonus
  • Betway NG is offering a 50% welcome offer bonus, up to 20,000 NGN, on your first deposit
  • Certain terms and conditions apply for the same

betway welcome bonus

At the time of writing, Betway Nigeria is offering a wonderful welcome offer bonus. Betway NG is offering a 50% welcome offer bonus, up to 20,000 NGN, on your first deposit – Certain terms and conditions apply for the same.

You must wager your first deposit amount 3 times, on odds of 3.0 or more, within 30 days of registering at the betting site, to receive a Free Bet up to 20,000 NGN.

You can only wager on Sports markets, and Jackpots for the same. You will receive the welcome offer bonus amount, as soon as you have met the above-mentioned conditions – You can wager the received Free Bet amount without any hidden requirements.

Sportsbook promotions


  • At the time of writing, Betway Nigeria is offering several sports-related promotional offers
  • Betway NG is offering a cash prize of up to 3,500,000 NGN, upon correctly predicting the first goal scorer in 4 selected football matches, each week
  • Betway NG is offering a winning boost on placed pre-match Multiple Bets, up to 250%
  • If you place a Multiple Bet with 6 or more selections, and you lose because of one selection, you will receive money back up to 20 times your initial stake

Betway review promotional offer

At the time of writing, Betway Nigeria is offering several sports-related promotional offers. Betway NG is offering a cash prize of up to 3,500,000 NGN, upon correctly predicting the first goal scorer in 4 selected football matches, each week.

Entry to this promotional offer is free. For each round of the promotional offer, the total prize money on offer is 1,000,000 NGN, for correctly predicting each of the first four goal scorers in 4 selected football matches. If a round does not have a winner, the prize money will rollover to the next round, until it hits the maximum prize limit of 3,500,000 NGN.

The prize money is equally distributed amongst all the winners of a round, for winning customers from Uganda, Ghana, Nigeria, Kenya, South Africa and Zambia.

Betway NG is offering a winning boost on placed pre-match Multiple Bets, up to 250%. You must place a bet on 5 or more selections, with each individual selection coming with odds of 1.2 or greater, to qualify for the welcome offer bonus. The total amount that you can win (Potential return + winning boost % amount), can reach a maximum of 50 Million NGN.

Here is how the winning boost system works –

Number of LegsWin Boost Percentage
55%
610%
715%
820%
925%
1030%
1135%
1240%
1345%
1450%
1555%
1660%
1765%
1870%
1975%
2080%
2185%
2290%
2395%
24100%
25125%
26150%
27175%
28200%
29225%
30250%

Emeka Cephas, a Nigerian Estate Agent, won a sum of 50 Million NGN, after staking just 13,000 NGN, on a 10 selection Multiple Bet, with the help of this promotional offer

Betway NG is offering a money back-based promotional offer as well, on losing Multiple Bets. If you place a Multiple Bet with 6 or more selections, and you lose because of one selection, you will receive money back up to 20 times your initial stake.

For a placed Multiple Bet, with 6-10 selections, each selection must come with minimum odds of 1.5. For a placed Multiple Bet with 11+ selections, each selection must come with minimum odds of 1.3. There are several other sports-related promotional offers on offer at Betway NG, at the time of writing.

Check our extensive guide to Accumulator Betting and Promotions here.

VIP Program

At the time of writing, Betway Nigeria has no mention of a VIP Program, or a Loyalty Reward System on its betting site. That being said, we contacted a customer support representative with respect to the same – According to the representative, Betway Nigeria is offering a VIP Program.

While you cannot join the VIP Program on your own, a member of Betway Nigeria’s VIP Team will reach out to you, after having monitored your betting activity, and the amount of real money you stake on sports betting on a regular basis, among other criteria – Betway Nigeria’s VIP Program comes with several perks, and bonuses.

Pre-match offer


  • At the time of writing, Betway Nigeria is offering odds on over 20 sports-based betting markets
  • Betway Nigeria is offering an excellent quality of odds, with active betting markets
  • As is advertised, the minimum stake that you can place on a sports-based market is 100 NGN, while the maximum stake differs from sport-to-sport, and depends on the number of selections that you have made, and the odds that you are backing
  • The Betway Nigeria maximum payout is 2,000,000 NGN for placed Single Bets, and 4,000,000 for placed Multiple Bets

Betway review pre-match betting

At the time of writing, Betway NG is offering odds on over 20 sports. The betting site is offering competitive odds on popular sports-based markets like Football, Basketball, and Tennis, as well as unique sports-based markets, like Biathlon, Darts, and Futsal – This ensures that punters of all tastes, shapes and sizes, have a betting market of their preference to choose from, and punt on.

As is advertised, the minimum stake that you can place on a sports-based market is 100 NGN, while the maximum stake differs from sport-to-sport, and depends on the number of selections that you have made, and the odds that you are backing.

The Betway Nigeria maximum payout is 2,000,000 NGN for placed Single Bets, and 4,000,000 for placed Multiple Bets.

See the list of most popular betting terms and markets here.

That being said, you must conduct due research at all times, and perform your due diligence. A betting site may be offering a better quality of odds when compared to the odds on offer at Betway NG, and you are better off placing a bet on that betting site.

Never stick to just the one betting site – Your betting portfolio must consist of multiple options. You must determine the bookmaker’s margin for a betting variant, before punting on it. Bookmaker’s margin in essence, is the margin of profit which a bookmaker commands over you.

Higher is this margin, lesser are your chances of reaping a profit off a placed bet. You should look to punt on betting variants with a margin nearer to the ideal market mark of 100%, rather than the 110% mark, or above.

To calculate the bookmaker’s margin for a betting variant, you must calculate its Odds Overround. To determine the Odds Overround for a betting variant, you must divide all the decimal outcomes of that betting variant, by 100. Add the resulting numbers together.

With the help of the resultant number, you can determine the Odds Overround for that betting variant.

To put things into perspective, we calculated the Odds Overround on offer, for a match to be contested in the eSoccer Liga Pro. The Odds Overround were found to be 109.95, which indicates that Betway NG is offering an excellent quality of odds – Given the fact that we are dealing with an eSports-based market in this example – Which are competitive in nature, as well as an active brand of sports-based markets.

 

Esports

It is if no real surprise that eSports betting has taken off up late. Millions of gamers and punters are tuning into eSports-based tournaments, several of which take place on an annual basis. You must conduct due research at all times, and place a bet on an eSports-based market accordingly.

At the time of writing, Betway NG is offering odds on League of Legends, Dota 2, Counter-Strike: Global Offensive, StarCraft, Call of Duty, Rainbow 6, King of Glory, and Overwatch-based markets.

As is advertised, the minimum stake that you can place on an eSports-based market is 100 NGN, while the maximum stake differs from eSport-to-eSport, and depends on the number of selections that you have made, and the odds that you are backing.

Read our guide to Esports Betting here.

 

Other Specials

At the time of writing, Betway NG is not offering any odds on Special markets. We hope that this is a temporary happening, and that Betway NG does indeed offer a variety of Politics, and Entertainment-based markets, in the near future.

 

Cash Out and Bet Builder

At the time of writing, Betway Nigeria is offering both Cash Out, and Bet Builder.

Cash Out is an excellent feature, which allows you to Cash Out on a placed bet, and retrieve your placed stake, if there ever comes about a situation in which you feel that you may go on to lose a placed bet, or if you have already won a summation of money, on a placed bet.

The amount of money retrieved via Cash Out, depends on the odds in favour of your placed bet, at the exact instance of Cashing Out – You could go on to win more, or less than your initially placed stake.

Check our extensive guide to Cash Out betting here.

Bet Builder is a fascinating feature in its own right. With the help of Betway Nigeria’s Bet Builder, you can combine several Football-based selections and outcomes into a single bet (Up to 6), to create a unique bet of your own choice. As soon as you build a bet, Betway NG will return the odds for the same.

Click here for an article about Bet Builder.

Live offer


  • At the time of writing, Betway Nigeria is among the best in the business, when it comes to its live betting arena
  • Betway NG is offering thousands of live betting markets, on a monthly basis
  • You can live stream select matches from several different sports
  • Betway NG is offering a “Stats Centre” as well

Betway review live betting

At the time of writing, Betway Nigeria is among the best in the business, when it comes to its live betting arena. To access Betway NG’s live betting section, click on the “Live” option, which is present on the betting site’s main navigation bar.

As soon as you click on this option, you will be redirected to the betting site’s live betting section. As can be seen from the above-mentioned image, Betway NG is offering a plethora of live betting markets. Click on a market of your choice, to place a bet.

Betway NG is offering a wide variety of betting variants to choose from, a live scorecard with second-by-second live updates for an in-play match, an option to live stream select matches, an option to Cash Out, if you desire to do so, and a form curve for select matches, which enables you to decipher the direction in which an ongoing match is swinging.

Betway NG is offering thousands of live betting markets, on a monthly basis. What’s more, you can live stream the matches on offer at the betting site, on your mobile phone as well.

If you click on Betway NG’s main menu button, at the top-left hand side of your screen, you can access Betway NG’s “Stats Centre”, and “Betway Insider Blog”.

Via the “Stats Centre” section, you can gauge the statistics on offer for several sports, and formulate an effective betting strategy, while the “Betway Insider Blog” section, comes with the latest news pertaining to the sports on offer at the betting site, and much more.

Read our extensive guide to Live Betting here.

We have also a list of best betting sites with Live Streaming here. 

Security


  • Betway NG is one of the best betting sites in Nigeria
  • The betting site is licensed and regulated by the Lagos State Government, and the National Government of Nigeria
  • The betting site is available in other African countries as well, including the likes of Uganda, Ghana, Kenya, South Africa and Zambia
  • Betway Nigeria is secure, reliable, and transparent

At the time of writing, Betway NG is one of the best betting sites in Nigeria. The betting site is licensed and regulated by the Lagos State Government, and the National Government of Nigeria.

Betway is available in other African countries as well, including the likes of Uganda, Ghana, Kenya, South Africa and Zambia.

At the time of writing, Betway Nigeria is not offering a visible responsible gambling section. Having confirmed the same by talking to a customer support representative, you cannot set deposit limits, risk limits, or session timers, among other responsible gambling enforcing tools, which is a huge let down.

That being set, Betway NG does come with 128 bit SSL encryption technology, which ensures that all the transactions that are processed on the betting site, are done so in a secure manner. Betway NG monitors customer accounts, and advises customers with respect to safe gambling practices, if they see the need to do so.

You must practise a safe brand of betting at all times. Do not over-indulge yourself on Betway NG’s platform, and refrain from wasting away your hard-earned money.

Betway NG is not associated to any criminal group, and does not have any record of being involved in criminal practices. Your stored funds are separated from the money used towards running Betway NG’s various platforms.

All stored funds, and personal identification information is safe from the reach of miscreants. All the numbers that are generated on the platform, are done on the basis of a random number generation procedure. Betway NG has no control over you winning, or losing a placed bet.

Overall, Betway Nigeria is secure, reliable, and transparent.

Service and Customer Support


  • At the time of writing, Betway Nigeria contact is available via Live Chat, Phone Call, Email, WhatsApp, and Social Media
  • Betway Nigeria is offering around the clock customer support service
  • Betway Nigeria is available on Facebook, and Twitter

betway customer service

At the time of writing, Betway Nigeria contact is available via Live Chat, Phone Call, Email, WhatsApp, and Social Media. To access the Betway Nigeria contact section, scroll down to the bottom of your screen, and click on the “Contact Us” option, which is present at the bottom-left hand side of your screen.

To initiate a Live Chat, click on the message bubble at the top-right hand side of your screen, or click on the “Chat to Live Support” option, as is available on the “Contact Us” section. You must enter your full name, and phone number, to initiate a Live Chat. As soon as you enter these details, you will be connected to a customer support representative almost immediately.

If you would like to contact a Betway Nigeria customer support representative via Phone Call instead, standard charges apply for the same – Betway Nigeria customer care number –

+234 1227 8860.

You can contact a customer support representative via email – support@betway.com.ng, and WhatsApp as well – +234 816 822 7279. You can make use of the on-site contact form, if you so desire. All you have to do, is enter your phone number, enter your email address, select your query type, and type out your query.

As soon as you have entered these details, complete the “I’m not a robot check”, and click on the green-coloured “Submit” button. A customer support representative should get back to you within a day.

Betway Nigeria office address –
Flat B11 Redmenn House,
Plot 3 Dideolu Estate,
T.Y Danjuma Street,
Victoria Island, Lagos

Design and Usability


  • Betway NG’s website comes with an uncluttered look, and a simple design, set in a combination of black and white
  • All major options of interest, are readily accessible via Betway NG’s main navigation bar, the betting site’s main menu button, and the website at large
  • Betway comes with a dedicated “Stats Centre”, and a blog section called “Betway Insider Blog”

Betway NG’s website comes with an uncluttered look, and a simple design, set in a combination of black and white. All major options of interest, are readily accessible via Betway NG’s main navigation bar, the betting site’s main menu button, and the website at large.

You can access the betting site’s “Live”, “Casino”, “Betgames”, and “Esports” sections, among other options, via the betting site’s main navigation bar. You can access Betway NG’s “FAQ”, “Stats Centre”, and “Betway Insider Blog” sections, among other options, via the betting site’s main menu button, at the top-left hand side of your screen.

Via Betway Nigeria’s “Stats Centre” section, you can gauge dedicated sports statistics, and formulate an effective betting strategy accordingly. Via the “Betway Insider Blog” section, you can read the latest news, pertaining to the world of sports.

Betway NG is offering a wide variety of betting variants to choose from, a live scorecard with second-by-second live updates for an in-play match, an option to live stream select matches, an option to Cash Out, if you desire to do so, and a form curve for select matches, which enables you to decipher the direction in which an ongoing match is swinging.

Betway NG is offering thousands of live betting markets, on a monthly basis. What’s more, you can live stream the matches on offer at the betting site, on your mobile phone as well.

At the time of writing, Betway Nigeria is not offering a visible responsible gambling section. Having confirmed the same by talking to a customer support representative, you cannot set deposit limits, risk limits, or session timers, among other responsible gambling enforcing tools, which is a huge let down.

That being set, Betway NG does come with 128 bit SSL encryption technology, which ensures that all the transactions that are processed on the betting site, are done so in a secure manner. Betway NG monitors customer accounts, and advises customers with respect to safe gambling practices, if they see the need to do so.

If you scroll down to the bottom of your screen, you can access Betway NG’s “Terms and Conditions”, “Contact Us”, and “How To” sections, among other options.

Betway Nigeria contact is available via Live Chat, Phone Call, Email, WhatsApp, and Social Media. To initiate a Live Chat, click on the message bubble at the top-right hand side of your screen, or click on the “Chat to Live Support” option, as is available on the “Contact Us” section.

You must enter your full name, and phone number, to initiate a Live Chat. As soon as you enter these details, you will be connected to a customer support representative almost immediately.

Mobile


  • At the time of writing, Betway Nigeria is offering an excellent Sportsbook app
  • Android users must download the app via Betway NG’s mobile-friendly website
  • iOS users must download the app via App Store
  • Betway NG’s Sportsbook is user-friendly, uses less data, loads faster than the betting site’s desktop website, and comes with several added perks

At the time of writing, Betway Nigeria is offering an excellent Sportsbook app for both Android, and iOS users. To download the Betway Nigeria app as an Android user, you must visit the betting site’s mobile-friendly website, via your Android-powered mobile phone.

As an iOS user, you must download the Betway Nigeria app via App Store. Via Betway NG’s app, you can punt on thousands of live betting markets on a monthly basis, without having to worry about opening your computer system – You can bet on the go!

What’s more, Betway NG’s Sportsbook app is user-friendly, uses less data, loads faster than the betting site’s desktop website, and comes with several added perks – You will also receive notifications with respect to popular upcoming events.

The same promotional offers are on offer at the app, as are on the desktop version of the betting site. As has been mentioned before, Betway NG is offering a mobile-friendly website as well, which is perfect for customers who do not want to use or download an app.

Other products


  • At the time of writing, Betway NG is offering Casino, Live Casino, Lucky Numbers, Betgames, Virtuals, Fantasy and Jackpots
  • Betway NG’s offering of other products is comprehensive to say the least

At the time of writing, Betway NG is offering Casino, Live Casino, Lucky Numbers, Betgames, Virtuals, Fantasy and Jackpots. You can access any of the above-mentioned sections, via options which are present on the betting site’s main navigation bar.

The betting site’s “Casino” section, comes with 100s of Casino Games, among which “Lucky Twins”, and “Mega Moolah”, are among our favourites. Betway NG’s “Live Casino” section comes with live tables for “Roulette”, “Blackjack”, and “Poker”, among others.

Betway NG’s “Fantasy” section, comes with Fantasy Leagues for popular football tournaments. “Betgames” comes with live tables for “Speedy 7”, “Baccarat”, “Lucky 5”, “Lucky 6”, and “Lucky 7”, among others.

Betway NG’s “Virtuals” section, comes with options to bet on several Virtual sports, including Football, Greyhound Racing, Horse Racing, Tennis, and Basketball, among other options.

Betway NG’s “Jackpots” section, comes with several Jackpots on offer – You can go Solo, Create a Syndicate, or Join a Syndicate.

Read out article about how to win in the casino here. 

We have an extensive article about Virtual Sports here.

Summary


It is of common knowledge that Betway NG is among the best betting sites in Nigeria. The betting site is offering an excellent variety of features, at the time of writing. That being said, the purpose of this review is to determine whether Betway NG ticks all the right boxes, when it comes to choosing a betting site of your choice.

Having extensively reviewed each facet of the betting site, we have come to the conclusion that Betway Nigeria is indeed, a wonderful option. That being said, the betting site does come with a fair share of pros and cons.

Let’s start things off, by discussing Betway NG’s cons. Betway Nigeria is offering only 2 withdrawal options at the time of writing. While Betway NG’s welcome offer bonus is good, it could have been better – The welcome offer bonus is associated with a stringent set of rules. Betway NG’s VIP Program is not as clear as it should be.

Betway NG is not offering any Specials, at the time of writing. The betting site does not have a Responsible Gambling section on offer, nor does it come with any responsible gambling enforcing tools, like deposit limits, loss limits, and session timers, among other options as well.

Betway NG’s pros on the other hand, clearly outweigh its cons. Betway NG is offering a wide variety of sports-based promotional offers, each of which is unique in its own way. The betting site is offering 6 deposit options, a number of sports-based markets, and an excellent Bet Builder functionality.

Betway NG’s live betting section is among the best in the business. Betway NG’s Sportsbook app too, is a trend setter, and is among the best out there. While Betway NG does come with a few flaws that need ironing out, the betting site is perfect for Nigerians looking to live stream a match, and punt on it at the same time.

Betway NG’s “Stats Centre”, and “Betway Insider Blog” sections, make it an all-rounder, and among the best out there, without a Naira of a doubt.

Nishant Bhattacharya is a football lover and a staunch Liverpool supporter. He has been working as a writer for over 11 years and loves to write about sports and technology.

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