Lionsbet is one of the most competitive bookmakers in the Nigerian sports betting industry. They offer varieties of sports to their clients, with over 25 different sports to wager on. From traditional sports like football, basketball and tennis to "non-traditional" sports like boxing, handball, field hockey, ice hockey, and the likes.
The most wagered sports in Lionsbet are football and basketball. This is well noticed as most of their banners are more focused on these two sports. We would be using these two sports as focal points to determine the average betting margin they offer.
The English Premier League is the most followed of all leagues and would be used as a reference point for all tier 1 leagues. The average margin was estimated to an approximation of 4.86.
The Brazilian league was also used in determining the average margin for the tier 2 leagues with an approximate of 5.02.
Lionsbet offers a wide range of basketball leagues cutting across all continents. The NBA and Euro league were used as a focal point and came out with an aggregate of 6.06% as the average margin.