NaijaBet Nigeria Sports Betting Review 2020

NG

NaijaBet
N/A
GO TO NaijaBet
6.5
N/A
T&C APPLY, 18+ ONLY
T&C APPLY, 18+ ONLY

POSITIVE
  • Easy to navigate sports book
  • Varieties of betting markets
  • Competitive odds
NEGATIVE
  • No live streaming option
  • No welcome bonus
  • Easy to navigate sports book
  • Varieties of betting markets
  • Competitive odds
  • No live streaming option
  • No welcome bonus

Introduction

NaijaBet is not relatively new entrant to the African gambling industry, was found back in 2010, having started is activities that same year. The bookie headquarter is currently in Ekiti State. The platform is operated by Naijabet Limited owned by Kreativ Integrated Concepts & Management Limited. Whilst, it is incorporated under the laws of Nigeria, and licensed under the National Lottery Act 2005 they are also member, of Association of Nigerian Bookmakers. However, this betting service provides, an impressive avenue for punters particularly, sports enthusiast and casino players, whilst they are also offering other varieties of gaming experience including Virtual, and Pools games. Though, as part of our review, we will be covering their range of betting markets, promotion offer, banking options, odds, and website design as well as customers’ service etc. However, going forward, before we kick start our review in full-swing it is advisable you relax and read through, this vital information about Naijabet.

Naijabet homepage - NaijaBet Sports Betting

Registration process


It is pretty easy to register at Naijabet as you just need to visit the official website

  • Click on ‘Join Now’ at the very top of the homepage.
  • Afterwards, you’ll be redirected to a page where you will need to fill in your personal information. I.e. Your Name, E-mail address, Homes address, Phone number, Date of Birth and your preferred Username as well as password, you can remember.
  • After completing the mandatory details then at the bottom of the page you’ll find a box click on it to confirm you are not a ‘Robot’, then at the right bottom of the page click on the box agreeing to the terms &
  • Conditions then “Click on Register now”.
  • You will receive an automatic activation link in your email address which needs to be clicked in order to fully activate your new account.
  • Note: That Naijabet only allows one account per person.
    They registration process is that simple fast, no difficulties just follow the simple step, you’re all good to bet with Naijabet.

Naijabet registration process - NaijaBet Sports Betting

Deposits and Withdrawals options


As for Banking they have a wide range of payments options for making instant deposit and fast withdrawals as well. NaijaBet offer the following payment options for deposits:

  • Visa
  • Naira MasterCard
  • Interswitch
  • eTranzact
  • Zenith bank
  • Fidelity bank
  • FCMB bank
  • First bank
  • UBA bank
  • GTbank
  • Bank transfer
  • Paystack
  • POpay

Note: Payment made via ATM Card and direct banking are free, but you will charge for 20 Naira for the USSD payments option as a standard service charge from Interswitch, and GT bank USSD Code.

Withdrawals are available via the same options as stated above, whilst they can also be process via mobile transfer.

Check our extensive guide to payment options in Nigeria here. 

All withdraws at NaijaBet are processed with no charges whilst, often take under 24 hours. Minimum deposit 100 Naira, while the maximum deposit 1,000,000 though, the minimum payout is 500 Naira whilst the maximum payout is 25,000,000. NaijaBet have no cryptocurrency option, but have self-exclusion status limit bets, limits deposit, and Losses limits. Whilst as of the time of writing this review their have no KYC options on their website, though NaijaBet did a good job with the banking options available on the platform.

Naijabet payment options- NaijaBet Sports Betting

Welcome Bonus


This bookmaker is not currently offering a welcome bonus as of the time of writing this review. Though, but registering with NaijaBet you’ll be rewarded with 50 Naira, consequently has no promotion offer to that effect.

Sportsbook promotions


What kind of promotion do they have?

NaijaBet offer quite a good range of promotions for existing customers only, which is as follows:

No more Loss

These features enable customers to get part of your total winning even if 1 game cuts your ticket. To qualify, combine a minimum of 10 games in a bet slip, with a minimum odd of 1.10 each. If one game cuts your ticket NaijaBet will pay you. To determine the pay NaijaBet calculate 10% of your potential pay out divided by the game that cut your ticket, minus 10% of your stake.

Note: The maximum each user can get per slip is up to 1,000, and a maximum of 5,000 monthly, it is not available for free bonus and bets credits, though this offer is available on all sports and all markets.

Naijabet no more loss promotional offer- NaijaBet Sports Betting

Accumulator Bonus

These features enable customers to get part of your total winning even if 1 game cuts your ticket. To qualify, combine a minimum of 10 games in a bet slip, with a minimum odd of 1.10 each. If one game cuts your ticket NaijaBet will pay you. To determine the pay NaijaBet calculate 10% of your potential pay out divided by the game that cut your ticket, minus 10% of your stake.

Check our extensive guide to Accumulator Betting and Promotions here. 

NaijaBet league booster

The NaijaBet league booster punters can benefit from this promotion from anytime they deposit a minimum of 1000 Naira to your NaijaBet account, your account gets credited with extra 10% of the deposited amount up to 10,000 in free bets credits.
Note T&C apply.

Cashout

NaijaBet customers don’t need to worry anymore it doesn’t matter if you’re losing a ticket; you can always count your winning anytime, anywhere and on ticket or bet. When you place a bet, the odds corresponding to the initial cash out value will be defined. As long as the chosen market remains active, you can cash out your money and withdraw a part of the amount placed. The cash out amount depends upon the probability of the chosen outcome at the time of cash out. For example, if the chance of your bet is 50% at the beginning, but at the time of cash out it decreased to 30% it means the cash out amount will be less than bet amount. Vice versa if the chance for selected bet was 50%, but it increased to 90% at the moment of cash out, then the cash out amount will be bigger than the bet amount and will almost equal to the potential payout. It means if you combine bet and some games have won and you are afraid one or two teams will spoil your ticket you can cash out your winnings and your account will be credited with the amount you saw during cash out.

Check our extensive guide to Cash Out betting here.

Naijabet cash out offer

Do they have special offers for selected players?

NaijaBet have no special offers for selected players as of the time of writing this review.

Do they have any top events, bet of the day or boosted odds bet?

NaijaBet have no such offer as of the time of writing this review.

Disclaimer that the promotions on the site might have change in the meantime?

As of the time of writing the review NaijaBet, there are no disclaimers for any of there promotions offers.

VIP/Loyalty service

As of the time of writing this review there are no ongoing promotions for VIP/Loyalty customers/Point system for customers on NaijaBet platform.

Pre-match offer


  • Odds format (Decimal, America, Hong Kong)
  • Statistics information (As of the time of writing this review the site as no statistical table

Sports

What sports do they have?

NaijaBet as of the time of writing this review customers can enjoy range of different sports which is as follows:

  • Soccer
  • Tennis
  • Basketball
  • Am.Football
  • Darts
  • Volleyball
  • Futsal
  • Handball
  • Snooker
  • Aussie Rules
  • Rugby League
  • Rugby Union
  • Waterpolo
  • Golf
  • Boxing/UFC
  • Snooker
  • Blathlon
  • Surfing
  • Chess

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

How many sub-markets for top event?
As of the time of writing they are over 200+ sub-markets for top event which is relatively low. Indeed since the site is improving from time to time sooner or later players will have more betting options at they disposer.

What margins are used for main events?
Odds 1.24/6.64/15.17. Calculating 1X2 market average of a 2.2% margin which are quite impressive odds margins, knowing full well that there are not the most popular bookmaker in Nigeria, that a competitive odds can lure new customers to their website.

Maximum stake user can place on top events?
100,000.00 Naira.

Outrights:
As of the time of writing this review they are no outright available.

Sports Specials:
As of the time of writing this review sports specials are not available.

eSports

As of the time of writing this review they are no eSport available.

Read our guide to Esports Betting here.

Other Specials (Politics, Weather Celebrities etc.)

As of the time of writing this review NaijaBet are offering event for politics for those who love Nigeria politics as well as international politics i.e. England and Australia, but are not offering anything relating to celebrities bet. Though, Naijabet did a good job here offering punters the opportunity to have a taste of other event, unlike punters that are well informed in both local and international politics can predict the next Nigerian president 2023 as well as predict the winner of the next Australian Federal Election 2020 and London Mayoral Election 2020. Political technocrats can predict this outcome as well as other betting options like who will emerge overall second best etc. Considering the fact that the site is dominated with sports and casino games. Punters can wage on a maximum of 1,000,000.00 Naira and a minimum of 100 Naira.

Cash-out

On what event can they be used?

Cash-out is available for Pre-match and live event for single bets and accumulators bets. This means you can take control of your bet, allowing you to take your winnings, anytime, anywhere.

Betbuilder

As of the time of writing this review NaijaBet as no betbuilder features on their platform.

Click here for an article about Bet Builder.

Live offer


What sports do they have?

Live betting has become a must for every online gambling site in Nigeria over the past few years, NaijaBet offer a good live betting platform with competitive odds and a wide array of betting markets. Punters can have a feel of some sporting events on NaijaBet site which includes Soccer, Basketball, Volleyball and Tennis, indeed, this is a bit low compare to other bookmakers in Nigeria and their live betting submarket are a bit low, but indeed do a good job here with they excellent live betting center that is easy to navigate and good interface. Players can wage bets on over 1.5 goals, double chance, straight win etc. overall the bookie are not really doing bad by their standard.

Naijabet live offer- NaijaBet Sports Betting

What margins are used for main events?

Maximum stake for main events?

The maximum stake a punter can wage is 1,000.000.00 Naira.

Live streaming?

They are no live streaming service available as of the time of writing this review.

Read our extensive guide to Live Betting here. 

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

Security


To be candid with you NaijaBet did not really display the state of art technology that they are using to protect customers information but did state that all customers information are kept confidential and are liable for any breach in customers information both technological and from financial perspective. However, given the fact that they have been around since 2010 and the platform is been licensed by the National Lotteries Regulatory Commission to operate as well as under the Ekiti state permit license this indeed is demonstrating their trustworthiness within the industry. However, for further clarification on Naijabet security policy you can also find their privacy tab at the bottom of the page. Indeed, NaijaBet did not disclose a whole lot of information regarding the platform security features, though customers should not take this as a negative factor. NaijaBet are undoubtedly reliable bookmaker having been licensed by right authority and have been operating since 2010 and they haven’t be any negative feedback in this area. However, on NaijaBet site punters can as well find self exclusion option which includes Limit bets, Limit deposits and Limits losses. Meaning players can choose from any of the limits options available on their site, in case a player is having problem to cope with gambling addiction parts of the effort of NaijaBet is to promote responsible gambling.

Service and Customer Support


NaijaBet customer service section is certainly lacking with their typically slow response common in other bookies, with E-mail could take an hour to respond to customers queries, though their hotline response is quite impressive with only English version, their agents response is quite friendly and knowledgeable agents on hand to quickly deal with customer complaints, whether issues surrounding placing bets, promotions, withdrawals or technological problems. Though, they onsite feature is quite improving but can still be a bit slow could take 30 minute to respond. However, while FAQ page is on hand on both desktop and mobile/App, answering some of the most commonly asked questions regarding NaijaBet operation. Such questions surround how to place a bet, maximum stakes, betting rules and forgot account details and payments. Whilst they customer service are available during working hours of the day.

Design and Usability


NaijaBet has an extremely efficient desktop betting platform. The interface of the website is simple and has been designed for easy navigation. This means that punters can find all the sections they are looking for in an easy manner. The design features is pleasant to the eye, with a black background, white colour fonts and the green logo at the top of the homepage. The website display a four-column layout with sports menu at the left-hand side of the home page, Highlights and Top Coupons/Winners in the middle column and Live Betting/Results at the right-hand side of the page were you can select your first pick. Further, there is a ‘Coupon check’ feature in order for punters to verify the status of their ticket. Players can also select the odds format. (Decimal, American or Hong Kong style). In addition, users can navigate between Sports, Live, Virtual, Pool, Casino and promotions from the black toolbar at the top of the homepage. Indeed, the area were they are lacking is not providing a statistical table for punters. Overall NaijaBet platform is impressive and excellent for all kind’s customers.

Naijabet design & usability- NaijaBet Sports Betting

Mobile


Therefore, as of the time of writing this review NaijaBet has a mobile app available for Android user which can be download at the bottom of the web page, that has some interesting unique features, punters can access live score, access multiple betting option, covering different sports leagues across the globe, real-time betting lines update, upcoming game schedules, latest sports odds, as well as quick secured deposit, fast and easy withdrawal. Meanwhile, mobile customers are also well catered for at NaijaBet. The mobile version can even be accessed from a PC and as you just need to click on the ‘Mobi’ button situated at the very top of the homepage. The Live Betting features and the main sports are displayed at the top of your mobile device. Whilst the Booking Number, My bets, My account and Cash out are all at the bottom of the screen, elsewhere customer can take advantage of their customer care features as well.

Read our article about best mobile betting apps here.naijabet mobile app

Other products


  • Bingo (Not Available)
  • Poker (Not Available)
  • Casino(Available)
  • Virtual Sports (Available)
  • Bet Exchange (Not Available)
  • Odds Less Than

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

Summary


General impression about the site? NaijaBet are unquestionable a bookmakers that is still growing in Africa gambling spaces, which brings plenty of opportunities within their betting platform for existing customers, however, the bookmaker may not have created the most modern website around but the platform is very efficient, easy to navigate and designed for those who want to place a quick bet and to deposit/withdraw their money fast and securely. The website offer a unique features seamless betting experience ‘Odd Less Than’ meaning punters can view several events that fall into any of the odds chosen which is not common among top bookies in Nigeria. Whilst both mobile/App and desktop version is quite impressive interface that is easy to understand. Whilst the bookie odds are very attractive and competitive and with over 18+ sports, especially football enthusiast will enjoy wide range sporting leagues and casino players can also enjoy over 20+ casino games. Indeed they may not be the best with their live betting markets but are very much impressive with their pre-match market offer. However, the area that they need to improve upon are they promotions offers which is quite limited, betting markets, customers service features particularly on site chat which is a bit slow and a statistical table to be included. Though, generally speaking since the bookie is improving from time to time, in few years they could be a force to reckon within the Africa gaming space.

What kind of players is it best for?
Football, and Casino punters

Point out one specific benefit why to choose this website?
A very competitive odds

Category:
Intermediate

Adeleye Awakan is a writer which is specifically for the Africa gaming industry, with over 4 years writing about African gaming industry, particularly thoughtful leadership Articles, bookmakers review and other sectors of Africa gaming space.

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