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Lionbet bookmaker review

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Pros

  • Competitive Odds
  • User-friendly interface
  • Live betting available
  • Generous bonuses
  • Minimum stake as low as NGN50
  • Fast payout

Cons

  • The maximum winning is very low
  • Unavailability of a mobile app
  • Limited payment methods
  • Limited amount of accumulator games
Bookmaker has a license for this country

Sports selection — normal

We calculated the margin for LionsBet by analyzing the odds they offer. We further ranked them in one of the following three categories:

From 1% to 5%: Low

From 5.01% to 7%: Normal

From 7.01% to 10%: High

Football

We got our results by taking into account the odds for final result outcomes measured in line with the over / under for different football leagues. Getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker.

LionsBet has an overall average margin of 6.74% and falls in the normal category. In the first section with Spanish La Liga and Seria A, the margin is at 5.28%. With Premier League and Championship, in the second section, the margin is at 5.42%. Finally, taking the Netherlands Eredivisie, Polish Ekstraklasa and Austrian Bundesliga into account, the margin is at 9.53%.

Bookmakers margins


Betting options — good

Lionsbet gets the "good" remark in this section of our review. Not just being able to provide different sports to wager would attract new clients but also the availability of wide ranges of options to stake on. Lionsbet provides customers with a lot of options to wager on, no matter the events. Football, tennis, and basketball are the events customers wager on the most. Lionsbet covers over 60 leagues for betting in their Football column while basketball and tennis are not left out with a decent amount of leagues and opens available for betting.

They also offer Virtual games for customers who got interests in the virtual gaming world. Virtual football games, horse-racing, snooker, dog races, tennis are all available with amazing options. Lionsbet also has a unique column in "Kiron Virtuals" where they offer special virtual games with good incentives for bettors to take advantage of.

The good interface of the website must also be talked about as this puts them on par with the top bookmakers in the country based on user experience. With all columns neatly arranged plus the look of the well-themed green background, Lionsbet surely put enough in terms of leaving a good impression on their customers.

However, the steadily growing jackpot option was not available at the time of this review. This may be a bit of a turn off for clients who steadily ventures in the jackpot column. In all, they offer good sports-book for their customers as there is always something interesting for every customer.

Live — normal

The live bet features now becoming a prominent feature for bookies and has become a wealth incurring avenue for bettors. Lionsbet offers its customers the "Live in-play" option with lots of markets to wager on like the next team to score, next goalscorer, next corner and so many more.

As is the common shortcoming with the live section of many bookmakers in Nigeria, Lionsbet is also limited in the sports that can be wagered on in-play. At the time of writing, they only offer betting on Football and Basketball which can be very much limiting and defeats the whole purpose for live betting.

Unfortunately, even though expected the live streaming feature is not available at the time of this review. We hope later in the future this feature would be introduced and thereby raising their ratings in the betting industry.

Bonuses

100% deposit bonus matched by bookmaker - ₦100 000

Lionsbet is superb in this area and boasts a peculiar feature. A first-time welcome bonus is nothing unique but to further offer second and even third deposit bonuses make them simply appealing to new customers.


As of the time of this review, Lionsbet had a total of 14 running promos. No doubts with this they stand a very massive chance of claiming lots of customers in the betting community.


New customers get a 100% welcome bonus up to NGN 100,000 and that isn't all. For second time deposits, customers still get a 50% deposit bonus and a further 25% extra bonus after the third deposit.


Terms & Conditions


  • To withdraw winnings you need to wager on five events or more on individual odds of 1.5 and above.
  • Also, you need to rollover your bonus seven times, once it is done, the system will merge your bonus account with your main account for winnings to be withdrawn instantly.
  • A first deposit bonus has a life cycle of 30 days after it has been credited.


Other Promotions and Bonuses available include:


  • Weekly giveaways on social media,
  • Clients loyalty point ( the more you bet, the more you get),

    Deposit achievement ( get rewarded as you deposit into your account),

  • Affiliate programs (with 50% commission weekly),

  • Cashback (no more spoiled tickets, get 10% of total winnings) and a whole lot of other promotions you can benefit from.

100% deposit bonus matched by bookmaker - ₦100 000

Lionsbet is superb in this area and boasts a peculiar feature. A first-time welcome bonus is nothing unique but to further offer second and even third deposit bonuses make them simply appealing to new customers.


As of the time of this review, Lionsbet had a total of 14 running promos. No doubts with this they stand a very massive chance of claiming lots of customers in the betting community.


New customers get a 100% welcome bonus up to NGN 100,000 and that isn't all. For second time deposits, customers still get a 50% deposit bonus and a further 25% extra bonus after the third deposit.


Terms & Conditions


  • To withdraw winnings you need to wager on five events or more on individual odds of 1.5 and above.
  • Also, you need to rollover your bonus seven times, once it is done, the system will merge your bonus account with your main account for winnings to be withdrawn instantly.
  • A first deposit bonus has a life cycle of 30 days after it has been credited.


Other Promotions and Bonuses available include:


  • Weekly giveaways on social media,
  • Clients loyalty point ( the more you bet, the more you get),

    Deposit achievement ( get rewarded as you deposit into your account),

  • Affiliate programs (with 50% commission weekly),

  • Cashback (no more spoiled tickets, get 10% of total winnings) and a whole lot of other promotions you can benefit from.

100 000 ₦
Get bonus

About the bookmaker

Having only been founded back in 2016, Lionsbet is a Nigerian online bookmaker who has earned a good reputation as a result of their sports betting and virtual markets. The bookmaker's headquarters are in Victoria Island, Lagos and they hold a full gambling license from the Lagos State Lotteries Board.

The high number of promotions at their disposal would attract a lot of customers putting them in good standing among other bookies and in the mind of their customers. Easy deposition and withdrawals on their platform. Kudos to them, they have made a good name for themselves in a really short period of time.

Support service

08094444035 & 08094444036
Available

Licenses

  • LSLB Online Sport Betting Active

Download mobile apps

Review rating: 0 / 5
Unfortunately, more often than not people write reviews only when there are issues that still remain. When everything is running smoothly, they often do not write. We ask that you also fill in the positive field, so that the review can achieve its maximum objective. We are sure, that you will tell us the negatives, as well as the positives of these bookmakers.