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NairaBet Review

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NairaBET has established itself as one of the leading locally-owned bookmakers in Nigeria. Its tagline is “The home of sports betting” so let’s see if that’s correct. Read our new and updated NairaBET review to find out more about what it has to offer before joining.

About NairaBet

Having been established in 2010, NairaBET is the oldest bookmaker in Nigeria, so it’s a familiar name with most seasoned online punters. The company was founded by the well-known entrepreneur, Otunba Akin Alabi.

In 2016, NairaBET updated its platform giving both desktop and mobile users an improved betting interface. Other innovations and features are continuously being added to keep NairaBET at the summit of online sports betting within the country.

NairaBET is a member of the Association of Nigerian Bookmakers and its retail operation is licenced and regulated by the Lagos State Lotteries Board. So, punters in Nigeria know this is a brand they can trust.

NairaBet Deposit match offer
DepositBonus*Bet withClaim













NairaBet Pros & Cons

Why punters bet at NairaBET

Pros

  • Offers Colossus Jackpots
  • Outstanding market depth on football
  • Easy to use betting platform
  • Live chat available 24/7
  • Nigerian-owned. Trusted brand.

Cons

  • No dedicated mobile app
  • Limited live streaming
  • No weekend withdrawals

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Noteworthy Features

To enhance a punter’s sports betting experience, NairaBET provides some stand out features. They include:

NairaBET Colossus Jackpots

Punters at NairaBET can enjoy the sensational pool-betting Colossus Jackpot games across a range of sports and markets. The main coupon - named ‘The Colossus’ offers a ₦500,000,000 jackpot if you pick seven correct scores from the games listed. However, there are several potentially easier coupons that still pay out huge jackpots and you can enter for as little as ₦20.00 per line for a solo ticket or join a syndicate and play as a team.

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NairaBET Cash Out

NairaBET offers cash out on both pre-match and live in-play betting markets. This puts you in the driver’s seat. If you want to close a ticket before the end of a game, or collect the profit on a winning multiple before the last leg gets underway - now you can by using cash out. Alternatively, for those days when your bet has gone horribly wrong, use cash out to salvage a part of your stake rather than losing the lot.

At NairaBet you can now cash out before it's too late.
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NairaBET Virtuals

If you want something a little different, NairaBET has round-the-clock betting on virtual sports, including: football, tennis, Eurocup, basketball, horses and dogs. These are computer-generated matches or races, that you can bet on the same as you would do if it were the real thing. The software used is regulated so you can be assured it is fair. NairaBET virtuals won’t suit every punter, but for some fun entertainment, they fit the bill perfectly.

You can now bet on virtual sports with NairaBet Virtuals.
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First betting firm to offer 'Edit your bets'

It's an industry first for betting sites in Africa to offer punters the choice to amend an accumulator after it has been placed. You can remove individual bets, increase the stake and even add more bets into the accumulator to boost your potential payout. The only limitation is that you have to have at least 5 bets in your ACCA, and any changes you make can not reduce it to less than 4 markets.

Fan of placing accumulator bets? You'll love the new 'Edit your bets' feature available at NairaBet.
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NairaBet Markets & Odds

You have a nice selection of 20 sports available to bet on at NairaBET, including:

Football
Tennis
Basketball
Rugby League
Baseball
GolfNFLSnookerRugby UnionCricket
DartsHockeyHandballAussie RulesFutsal
MMAFloorballVolleyballBadmintonBoxing


NairaBet Soccer

Football towers over the other sports in terms of betting markets available at NairaBET. There are leagues and cups from more than 50 countries with special attention given to the top-tier European divisions. 

You have a huge number of betting markets - more than 190 - for Premier League matches such as: 1X2, BTTS, HT/FT, totals, bookings, corners, goal scorers, over/under, handicaps and margins. Other leagues like La Liga, Bundesliga, Serie A, Championship (England), Ligue 1 and so on have 140 markets open. Even matches from less well-known leagues offer 120 markets. The depth is fantastic! It’s actually better than many leading European sportsbooks.

NairaBet offer 190+ markets on football matches alone.
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NairaBet and other Sports

If you like betting on tennis, NairaBET covers all the Grand Slams, WTA and ATP events plus a selection of Challenger tournaments. Baseball has the MLB, and leagues from Japan and Korea. Basketball comes from America (NBA), France, Spain, the EuroLeague and the FIBA World Cup. 

Ice hockey is covered in great depth with leagues from 13 countries including the popular NHL. Market depth tends to vary throughout these sports. For instance the KHL ice hockey league in Russia has a huge selection of markets. However, certain baseball games only have a few. Certainly, it depends on the sports you, as a punter, want to bet on. But on the whole, we believe NairaBET is above average in this department.

As for the odds. We compared this bookmaker against two other popular brands in Nigeria: Bet9ja and Surebet 247. It holds its own in this area which is pleasing to see. 

Event
NairaBet
Bet9ja
Surebet247
Football - Champions League: Inter Milan Vs Tottenham. Inter win.2.652.702.65
Football - Champions League: Schalke Vs Porto. Schalke win.2.652.602.65
Football - EPL: Fulham Vs Watford2.402.352.35
NFL: Dolphins Vs Raiders. Dolphins win1.601.601.60
MLB: Yankees Vs. Red Sox. Red 2.10-2.20


Bet9ja ReviewSurebet247 Review


NairaBet Live Betting

There’s plenty of live betting action waiting for punters at NairaBET. The bulk is football with live matches offered from countries all over the world, but there’s also tennis, baseball, basketball, rugby, American football, golf and many others. 

Again, the market depth is spot on. Whilst reviewing, an in-play MLS match between the Portland Timbers and Columbus Crew had 88 open markets with cash out being available on quite a few of them. There were other events which had less - but still more than enough to get you in on the action.

The live betting interface on the desktop is state-of-the-art on both desktop and mobile devices. You have a match tracking centre that details all the essential information and stats from the game, the main body lists all the markets.

There is little like the thrill of betting live on a match.
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NairaBet Website/Usability

All good online betting sites need to deliver a simple, user-friendly platform and NairaBET does just that. The home page has a couple of easy to follow menus so finding the event you want is quick and easy.

Using your NairaBET promo codes and placing a bet is effortless, just click on the selection you want and it’ll be added to your bet slip. If you add several selections, a drop down menu lists the different bets you can place: singles, accumulator, multiples. This saves a lot of screen space which is essential on mobile devices in particular. Then insert your stake and hit ‘Place Bet’.

For mobile users, you’re directed to mobile.nairabet.com which is a customised platform for handheld devices. This has the main menu across the top and lists all the sports below so you’re only a few clicks/taps away from the action. Placing a bet is the same as above, or you can get a bet code to place the bet in a shop.

NairaBet Mobile App

There isn’t a stand alone NairaBET mobile app available. Punters simply use the customised mobile platform. There are three options to choose from. You can have the standard NairaBET mobile website which we recommend if your internet speed is average or above. For slower connections, the Lite version is the way to go. If you’re using a tablet, you can load the full site if you wish.

NairaBet Banking & Payouts

With credit cards, in-branch bank transfers or ATM transfers, there are plenty of options available to fund your NairaBET account.

Credit Card
Interswitch
Verve
Quick TellerATM TransferGT Bank
First BankFCMBUBA
Sterling BankStanbic ITBCAccess Bank

Withdrawals are made via bank transfer, and they take 1 business day to reach your account.

NairaBet Customer Service

NairaBET customer support is online 24/7 via live chat, but you can also email or telephone.
  • Email: [email protected]
  • Telephone: 0700-6247-2238
  • Live chat: click ‘live chat’ box on the platform

NairaBet FAQs

Where do I get the latest NairaBET bonus codes?
Our team has collected all of the latest NairaBET bonus codes so you don’t have to go searching around. You can view them on this page.

Why can’t I find the NairaBET mobile app in the Play Store?
NairaBET doesn’t offer a downloadable mobile app. Instead, punters use the mobile web-based platform - which is very good in our opinion.

Are NairaBET odds fair?
Yes. From the small sample of bets we assessed, NairaBET odds were very competitive with other bookmakers in Nigeria.

How do you use the NairaBET promotion code?
Full details on how to correctly use the NairaBET promotion code can be found here. 

Is NairaBET legal?
Most definitely, yes. It holds licences in Lagos and it is regulated to ensure that it conducts its business in an ethical manner.

Facts + Figures

Method:
    FCMB
Website:
    NairaBet