Best betting sites in Nigeria
First deposit bonus up to ₦1,000

NairaBET: bookmaker review

The first online bookmaker in Nigeria Online casino and many kinds of virtual Sports Comfortable of payment methods Many bonuses for football bettors Availability of local currency - Nigerian Naira

7.7 / 101

Global rating based on player feedback

Ratings NairaBET

CategoryRating
Betting Markets7.8/10
Odds8.6/10
Live Betting7.6/10
Reliability7.9/10
Payment Methods7.8/10
Withdrawal Speed8.3/10
Customer Support8/10
Bonuses / Promotions6.7/10
Mobile7.2/10
Website7.4/10
Rating Global7.7/10

The rating is compiled based on feedback from visitors, taking into account their winnings, experience of communication with support, and winnings withdrawal. It is also reviewed by our specialists, and that’s why it may differ greatly from the rest of the ratings on the Internet.

ProsCons
Suitable for football bettorsAvailable only in Nigeria
Wide range of betting selectionsOnly Naira currency
Asian HandicapsNo welcome bonus
Great live betting session
User-friendly website
Mobile apps
Great promotions

NairaBET Review 2021 — NairaBET Mobile and Computer Version

Last modified: June 7, 2021


Table of Contents

  1. How Does Naira BET Work In Nigeria
  2. Registration Process on NairaBET
  3. How To Fund NairaBET Account In Nigeria
  4. Naira BET Betting Options
  5. How To Bet On NairaBET
  6. How To Play NairaBET And Win
  7. Live Betting And Streaming
  8. How To Withdraw From NairaBET In Nigeria
  9. NairaBET Mobile Site Version
  10. NairaBET Computer Version
  11. Desktop & Mobile Betting
  12. NairaBET Casino
  13. Game Selection
  14. Is There A NairaBET App
  15. Nairabet Bonuses and Promotions
  16. Special Features
  17. Advantages And Disadvantages
  18. Security And Fairness
  19. Our Verdict About Nairabet

Bookmaking business in Nigeria appeared not so long ago: some fifteen years ago it could only be dreamed of. This state of affairs changed forever with the introduction in 2009 of the first actual Nigerian bookmaker — NairaBET.


How Does Naira BET Work In Nigeria

To get acquainted with one of the first offices that provide betting services in Nigeria, it is sufficient to read this article. We start with an introduction to the founder and owner of this large company.

The Legendary Owner

The creator of NairaBET is known in the country not only because of his ownership and management of the bookmaker. He is a philanthropist, a politician, a successful businessman, and a true football fan. For a long time, Oloye Akin Alabi has been a fan of football — evidenced by his season ticket for all matches of the world-famous British club Manchester United. His true love, however, is the local club Shooting Stars Sports Club from the city of Ibadan, which he sponsors.

What are the Rules and Regulation

Given the legal status of the gambling business in Nigeria, it would be strange if the first Nigerian bookmaker did not have the appropriate licence. Accordingly, NairaBET received a document from state regulator National Lottery Regulatory Commission and is a member of the Association of Nigerian Bookmakers. All company activities are controlled in accordance with the general rules laid down by these organisations.

Review of the Website

The design of the NairaBET resource page may look a bit outdated to someone accustomed to overloaded modern bookmaker sites. The utmost simplicity of design in blue and white is due to a desire to maintain what works without interruption. Another advantage of the simplified interface is very fast loading on mobile devices.

Everything needed for a comfortable game is located at your fingertips. The header is not overloaded — there are only the most important things: tabs for sports events in general and those happening right now, as well as casinos, virtual sports, and ongoing promotions. The login and registration buttons are located on the right, just below the header. The left block is given to the list of sports — choosing from a quarter of a hundred options, you get a detailed list of the nearest matches.


Registration Process on NairaBET

Like any normal bookmaker, NairaBET allows wagering winnings only for those who are fully registered in the system.

Account Opening

To start an account, click the “Register” button in the upper right-hand corner and fill out a minimal profile. You can use e-mail or phone as the binding for registration — the corresponding switch is located at the top of the form. In both cases, you must create a username and password, enter your preferred contact, and accept the office rules and privacy policy.

Note: The bookmaker officially operates only in Nigeria and accepts only Nigerian registrations — you can specify only a phone number with the Nigerian country code. Always provide real contact information, as the verification code is sent there.

Account Activation

The registered account cannot be used until the administration confirms that the registrant has access to the communication channel provided. Accordingly, a confirmation code will be sent by email or phone, which must be entered on the website in a special field. Once done, your account will automatically become active.

Process of the Verification

Full verification is required so that NairaBET can confirm you are indeed the person you claim to be, and that you are entitled to spend and withdraw money from accounts registered in your name. After account activation, log in through a bank account or BVN. By selecting your bank from the list and entering your account number, press “Confirm” — your real name will automatically load into the system.


How To Fund NairaBET Account In Nigeria

The minimum amount credited to the account is 50 Naira. Alternative currencies are not accepted — the gaming account can only be opened in Naira.

Bank Deposit

Fill up the game account through any bank or electronic payment system from the available options. Choose your bank, log into its system, specify the deposit amount, and follow the prompts.

Plastic Card

Similar to bank deposit, except that the details are the 16 digits on the front of a plastic card. The process is similar to purchasing something online — specify the Visa/Mastercard card number, CVV2, and expiration date. You will receive an SMS code from your bank to confirm the transfer.

Authorized Agents

Deposit funds through authorised agents — points that accept payment using a user ID or login. This option is gradually becoming less popular but still in demand among the older generation or those without access to gadgets or the internet.

Local ATM

Use the nearest terminal to transfer funds from a credit or debit card without using the Internet on your device. Select the NairaBET account replenishment option, then follow the system prompts entering your bookmaker account number and transfer amount.


Naira BET Betting Options

Available Sports

NairaBET offers a quarter of a hundred sports in the right section — from favourites like football, basketball, and tennis to less common ones such as darts, water polo, and cross-country. Special bets not related to sport are also available, such as the winner of the US presidential election, the next Prime Minister of Great Britain, or the results of the Grammy Music Awards.

The “Bestsellers” section in the central block displays the matches generating the most interest right now. The In Play section shows only those matches already in progress.

Virtual Games

For times when live sports aren’t available, NairaBET offers a “Virtual Sports” tab. Real teams don’t play here and the results are generated randomly, but live events are available to bet on and watch. At the time of writing, virtual betting was available for football and basketball — the two most popular sports on the platform.


How To Bet On NairaBET

Visit only The Official Website

Open a browser and go to https://nairabet.com/. Mobile devices will automatically open the lightweight version at https://mobile.nairabet.com/, which retains full functionality. Do not visit mirrors or sites with similar names — they are scammers.

Select Your Sport

In the desktop version, select a sport from the left-side block on the main page. In the mobile version, use the Sports tab at the bottom left. In both cases, a long list of sports is displayed with the number of scheduled matches in front of each.

Look For Your Game Of Choice

Having selected a sport (e.g. football), you see a list of countries where it is played this week and in the near future — the most popular countries are brought to the top for convenience (England, Spain, Italy, Germany, etc.). Clicking on a country shows the available tournaments, and clicking on a tournament displays the closest matches with available odds.

Place Your Bets

Click directly on the odds coefficient to add a bet to the coupon on the right side of the page (or bottom middle in mobile). Alternatively, click the blue plus number on the far right of the match card to see all available betting options for that match. For top championships, the NairaBET line-up offers a huge variety of conditions — from match outcomes to detailed in-game events.


How To Play NairaBET And Win

Bet Types

The most popular bet types are single (ordinary) and express. With an ordinary bet, the customer bets on one specific event and condition.

Express bets allow wagering on several events at once within one coupon. Events may begin at different times, span different days, relate to various tournaments and disciplines. The benefit is that coefficients are multiplied — a standard express can lift the coefficient to 8–10 or even higher. However, increased opportunities come with increased risk: one failed forecast cancels the entire express.

About the Odds

NairaBET is considered one of the best bookmakers in Nigeria largely because of its attractive odds. The administration has established customer-friendly margins that allow bettors to experience not only moral satisfaction but genuinely large winnings.

Betting Limits

NairaBET does not publicly disclose maximum bet limits — suggesting that significant bet sizes are accepted. The minimum bet starts at just 2 Naira, and the office can easily accept up to one million Naira for a single bet.


Live Betting And Streaming

NairaBET pays great attention to live betting, with a dedicated live section conveniently placed in a separate block on the main page. Visitors can quickly switch between different sports, with current matches sorted by tournament. Bets on the outcome are immediately visible, along with the current score.

A statistical information block provides data on cards, corners, and current timing. However, NairaBET does not offer live broadcasts of matches — instead of live video, there is a comparatively informative statistics block.


How To Withdraw From NairaBET In Nigeria

Withdrawal Options

NairaBET focuses primarily on withdrawing funds to verified bank accounts. Verification is performed automatically upon the first withdrawal and takes approximately one day (weekends and holidays do not affect this). Given the ability to enter almost any bank details, the variety of withdrawal methods can be considered quite wide.

Withdrawal Process

After logging into your account, go to your personal account and select the withdrawal option. Enter the account number and the amount requested for withdrawal. The withdrawal takes up to one business day.

Withdrawal Limits

Important rules:

  • The deposit body cannot be withdrawn — it must be placed in full (can be done in multiple bets); only winnings are available for withdrawal
  • Withdrawals are limited to once per day
  • Minimum withdrawal: 1,000 Naira
  • Maximum withdrawal: 500,000 Naira

NairaBET Mobile Site Version

Full Version

A full-featured mobile site functions automatically from smartphones. Functionally it is identical to the desktop version — arguably more convenient and more modern-looking. All elements remain close at hand, options are easy to find, and the display adjusts to screen size.

Note: NairaBET does not have any standalone mobile applications — the mobile site serves as the substitute.

Lite Version

An even lighter version is available, adapted specifically for extremely weak devices or very slow internet connections. This version has almost no visual content — it is presented almost entirely in text format, with corporate design conveyed only through letter and background colours. Useful in remote areas with only edge or GPRS internet.


NairaBET Computer Version

The fundamental difference between the desktop version and mobile versions is that the maximum amount of information is presented in the open, not hidden in menus. This is convenient for experienced bettors. For a beginner, the large flow of information may be slightly confusing at first, but this passes with time.


Desktop & Mobile Betting

Despite the slightly different site addresses for different versions, the same account is used in all cases — you log in with a common username and password. This means your balance and bet history are consistent across all versions, ideal for those who bet both at home on a large screen and on the go.


NairaBET Casino

In addition to sports betting, NairaBET offers a casino section — allowing customers to risk money while at home, on public transport, or during a work break. No special attire or travel to a gambling establishment is required.


Game Selection

The casino offers over 150 different games, with the selection constantly updated. The theme variety ensures something for every taste — virtual sports, classic slots in various settings (antiquity, vampire romance, etc.), casino classics (roulette, poker, blackjack, baccarat), and live dealer games.


Is There A NairaBET App

Unlike most competitors, NairaBET does not have standalone mobile apps. However, two convenient versions of the mobile site have been developed — a full mobile version and a lightweight version — which together provide full functionality without the need for a separate application.


Nairabet Bonuses and Promotions

First Bet Bonus Promotions

NairaBET gives newcomers a no-deposit bonus from 50 to 10,000 Naira, doubling your first bet. This offer is available only for online customers and only for the first bet during a special promotional window (announced separately). Requirements:

  • Express bet on at least 4 events
  • Minimum coefficient per event: 1.2
  • Minimum total express coefficient: 2.5

NairaBET credits the bonus account with the same amount as the bet, regardless of whether the bet wins or loses.

Goalless Draw Money Back

If a client made an express bet and one of the included Premier League matches ends 0:0, that particular condition is treated as void — the express is considered won if all other conditions come true. A client can receive up to 100,000 Naira per day through this promotion, even if one forecast did not come true.

Ticket Cut By One Game

For express bets built from at least 10 events (each with a coefficient of at least 1.2), NairaBET offers compensation if exactly one event in the express is lost. In this case, the payout is the total winnings divided by the coefficient of the lost bet and the total number of events — still leaving a tangible advantage compared to receiving nothing at all.


Special Features

Customer to Customer Transfer

Users can send money to each other within the system — convenient for those left without a way to replenish their account but who still want to stay in the game.

Edit Your Bets

NairaBET invites betting fans to submit their own event options. The best suggestions will be considered and potentially added to the platform.

Cash Out

NairaBET allows customers to redeem their bets if they lose confidence in a positive outcome. Options:

  • Return the bet amount minus a 10% commission
  • Buy out an express in which most positions have already played, to secure existing winnings
  • Cash out in live mode, even on a bet placed before the match started

Blog

NairaBET maintains its own blog to help customers navigate offers and stay informed about the current sports situation in relation to profitable betting.


Advantages And Disadvantages

What We Like:

  • Excellent coverage of sporting events
  • Attractive and interesting casino
  • Nice odds
  • Ability to redeem a bet before the draw ends (cash out)
  • Convenient live events segment
  • Two mobile versions of the site, including one for extremely slow internet
  • Virtual matches available to watch and bet on

Downsides:

  • No live broadcasts
  • No mobile applications (though replaced by a good lightweight site version)
  • No welcome bonus in the traditional form (replaced by a no-deposit bonus for a one-time express bet)
  • Only available in Nigeria — a disadvantage for potential clients abroad and Nigerians who travel

Customer Service:

Support is available 24/7 through multiple channels:

  • Short number: 0700 and 0700 6247 2238
  • Email: [email protected]
  • Social networks: Facebook, Instagram, Twitter
  • Live chat window at the bottom of desktop and mobile pages

Security And Fairness

NairaBET is fully legal in Nigeria — holding a licence from the National Lottery Regulatory Commission and membership in the Association of Nigerian Bookmakers.

Personal information, payment details, and game and bank accounts are reliably protected by software. The security system is continuously improved.

Support is deliberately made available through multiple communication channels to ensure customers can always reach the team. Funds for potential winnings payouts are always reserved in advance by the administration. In the virtual sports section, results are all generated randomly — no one in the bookmaker’s team can predict them.


Our Verdict About Nairabet

If you live in Nigeria and love betting, you should try NairaBET at least once. It has managed to reach a level comparable to that of the largest international players. For Nigeria, it is the undisputed leader of the local bookmaker market, whose leading position is due to a large number of objective reasons.

FAQ

Aisha Umaru

Aisha Umaru

Ex editor-in-chief of The Christian Science Monitor. Author of a series of articles on sports and its impact on the daily life of society.

Player reviews about the bookmaker NairaBET: bookmaker review

Esther Jun 15, 2021
4 /5

+ I heard about this bookmaker a long time ago - about the time it had just appeared. I was immediately interested, because I love sports and betting, and here it is - a Nigerian operator, a wallet in naira, convenient withdrawal methods for Nigerians. Since then, numerous competitors have appeared on the market, but I personally am not going to change my preferences - everything suits me in the case of a proven bookmaker, which is Nairabet.

- The only thing that is very surprising is that at one time I did not find any welcome bonus, that is, it simply did not exist. But in fact, after all, no one is playing him back, as far as I know.