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Nairabet bookmaker review

02.07.2020 / Published 21.01.2020
5000 ₦
Mega virtual promo
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Pros

  • Very responsive website with a nice design
  • Wide range of sports markets
  • Lots of appealing promotions
  • One game cut ticket winnings
  • 24/7 customer service

Cons

  • Absence of any welcome bonus
  • Missing mobile app
  • Overly football inclined

Sports selection — good

Being the first bookmaker to arrive in the country, Nairabet set the standard for other bookies to follow. So as at their inception, their odds were naturally good as they literally had no competition.

With other bookies emerging over the years, competition for odds has been fierce but Nairabet has managed to keep its good reputation regardless. With around exactly 18 different sports markets to pick from, Nairabet has spread their wings wide and while like many Nigerian bookies, the focus is on football, Nairabet's reliance on football is somewhat excessive if you'll call it.

The most wagered sports on Nairabet are Football and Basketball and we will be taking these sports into account to determine their average betting margins.

Football

The most popular football competition is the Premier League and the average margin was found to be around 3.35.

Equally popular leagues like the Serie A and La Liga had average margins of and 3.85 and 3.80 respectively.

For lesser leagues like the Turkey Super Liga and Belgian First Division, average margins were around 4.57.

Basketball

With wide coverage of various basketball leagues, the average margin was found to be around 6.36.

To get this margin, we took the all popular NBA and tier 2 competitions like Greece. A1 league into account.

The NBA had an average margin of 7.84 while the Greece league had a margin of 4.86.

Bookmakers margin

Betting options — good

While Nairabet might not be able to compete with other bookmakers in Nigeria with regards to a number of sports markets, they offer a detailed coverage on the ones they do have. Although, as earlier said, the focus on football with Nairabet can be a turnoff to any non-football lover. If you don't love football in any way, Nairabet definitely isn't the place for you.

As of now, they offer bets on a total of 18 sports, with the likes of basketball and tennis having been joined by less popular disciplines including handball, futsal, rugby, and darts.

Asides all of this, Nairabet also recently put casino games and virtual markets available for customers as both of those options are fast becoming popular among Nigerian bettors.

Because of their preference for football, we can see lots of options under this sports market. To put this into an explanation, one can see as many as 1000 daily football events while the likes of basketball and tennis can be way below 100. Such is the dominance of football on this platform.

Being one of the first in the country and seeing themselves as traditional bookmakers, they have a separate column for the NFL (Nigerian Professional League) where the lovers of the local league in the country have a wide spectrum of options available. Not just the 1 X 2 option, Nairabet covers the local league almost like they do the European leagues and they are the most detailed in this aspect.

A unique feature about Nairabet is the blog they have which gives in-depth tips, match previews and general football news in summary. Meaning as a football lover, you can have a lot to do on the Nairabet website asides placing your bets. This has helped them grow a massive amount of football lovers and engagements on social media through the sport.

Odds are displayed in either decimal, American or fractional and users have the option of changing this at will at the top of the page.

Live — normal

Despite improving the number of markets in which they cover, NairaBet does not come out well with regards to their betting coverage. For sure, football fans will be pleased with the number of provided options, with customers able to bet on the match-winner, first goalscorer, total goals and even number of corners on major matches from across the world. However, fans of other sports don't have this luxury and unfortunately, it spreads to their live betting as well

While this bookie provides appealing odds on such markets also, it comes an as little surprise that there are lots of limitations on their live bet.

The "Live" icon can be seen on the top menu on the homepage and when it's clicked, a dedicated in-play page displays all current options in this area. The number of football markets is again numerous but a massive downside is that only volleyball and ice hockey are the other sports found for live betting as it stands. Something that comes as a big surprise considering their popularity and reputation in the country.

Another area Nairabet might consider improving on is the fact that they offer no live streaming services. Only the horse-racing fans are afforded this luxury and that is a big disadvantage too. But then, a plus to their horse racing service is that one is not required to deposit cash in his betting account and even those without a Nairabet account can partake too.

Lastly, seeing the popularity and demand in the country, Nairabet also started a range of virtual betting markets which are also gaining in popularity.

Nairabet

Bonuses

A good number of promotions for regular players - 5000 ₦

Despite their large reputation as well, they do not offer any welcome bonus. Probably because as at the time of inception, they were the only ones in the country and there was no other bookie to take a cue from in that regard. Welcome bonuses were a more recent development that Nairabet probably couldn't take advantage of anymore.


Although, they do have some promotions on the ground for existing customers to capitalize on.


MEGA VIRTUAL PROMO (MVP)

Punters have to deposit between the hours of 09:00 am - 09:00 pm to qualify for a 10% free bet amount of the first deposited sum. Freebet can only be used to play Virtual games. The award is valid for same-day only.


Terms & Conditions (MVP)

  1. The amount awarded is 10% of amount Deposited during the promotional window period.
  2. The Award will be allocated to the Bonus Balance on your account.
  3. Promotion awards are valid for Virtual Betting only. All other products are excluded.
  4. Minimum leg odds of 1.2.
  5. The award is to be used on accumulator virtual bets. Single virtual bets would be deducted from the main account balance.
  6. The minimum accumulator bet slip odds of 2.5.
  7. The award is not partially usable. Next virtual bet placed after the bonus is awarded will use the full bonus balance provided stake of the bet is not higher than the bonus balance. E.g. Bonus Balance = 1 000, next bet 100, Bonus Balance becomes 0 E.g. Bonus Balance = 1 000, next bet 1000, Bonus Balance become 0 E.g. Bonus Balance = 1000, next bet 2000, Bonus balance remains 1000, main balance is charged 2000.
  8. The minimum award is NGN 50 with maximum NGN 5000
  9. Other special offers do not apply to the bet placed using the award voucher. If you place a bet with ₦1,000 from your bonus balance and win ₦6,000, the ₦1,000 will be deducted from your winning and only ₦5,000 will be credited to your main account.


Goalless Draw Money Back

Customers placing pre-match bets on English Premier League matches will get their stake amount back in the form of a free bet, in the event that the match ends in a goalless draw.

One Game Cut Your Ticket

A popular appeal Nairabet has is giving a percentage of the total win if one game ruins the ticket. This makes it particularly appealing for customers who love placing accumulator bets.

Colossus

Customers place bets into pools for a chance to win (or share with other winners) the jackpot prizes. Pool types include 1 X 2, Asian handicaps, over and under and a host of many others.

Lucky 6

The lucky six is a betting type where players are required to predict certain numbers correctly between 1 to 48.  It includes a draw made every 2 minutes.  If the customer gets at least six numbers correctly, the amount to be won is determined by the number displayed beside wherever the last digit drops.

Mega combo

This option means customers can combine more than one prediction on a single event e.g. who will score, who will receive either yellow or red card, how many corners will be played etc. It makes accumulation tickets even more fun.

A good number of promotions for regular players - 5000 ₦

Despite their large reputation as well, they do not offer any welcome bonus. Probably because as at the time of inception, they were the only ones in the country and there was no other bookie to take a cue from in that regard. Welcome bonuses were a more recent development that Nairabet probably couldn't take advantage of anymore.


Although, they do have some promotions on the ground for existing customers to capitalize on.


MEGA VIRTUAL PROMO (MVP)

Punters have to deposit between the hours of 09:00 am - 09:00 pm to qualify for a 10% free bet amount of the first deposited sum. Freebet can only be used to play Virtual games. The award is valid for same-day only.


Terms & Conditions (MVP)

  1. The amount awarded is 10% of amount Deposited during the promotional window period.
  2. The Award will be allocated to the Bonus Balance on your account.
  3. Promotion awards are valid for Virtual Betting only. All other products are excluded.
  4. Minimum leg odds of 1.2.
  5. The award is to be used on accumulator virtual bets. Single virtual bets would be deducted from the main account balance.
  6. The minimum accumulator bet slip odds of 2.5.
  7. The award is not partially usable. Next virtual bet placed after the bonus is awarded will use the full bonus balance provided stake of the bet is not higher than the bonus balance. E.g. Bonus Balance = 1 000, next bet 100, Bonus Balance becomes 0 E.g. Bonus Balance = 1 000, next bet 1000, Bonus Balance become 0 E.g. Bonus Balance = 1000, next bet 2000, Bonus balance remains 1000, main balance is charged 2000.
  8. The minimum award is NGN 50 with maximum NGN 5000
  9. Other special offers do not apply to the bet placed using the award voucher. If you place a bet with ₦1,000 from your bonus balance and win ₦6,000, the ₦1,000 will be deducted from your winning and only ₦5,000 will be credited to your main account.


Goalless Draw Money Back

Customers placing pre-match bets on English Premier League matches will get their stake amount back in the form of a free bet, in the event that the match ends in a goalless draw.

One Game Cut Your Ticket

A popular appeal Nairabet has is giving a percentage of the total win if one game ruins the ticket. This makes it particularly appealing for customers who love placing accumulator bets.

Colossus

Customers place bets into pools for a chance to win (or share with other winners) the jackpot prizes. Pool types include 1 X 2, Asian handicaps, over and under and a host of many others.

Lucky 6

The lucky six is a betting type where players are required to predict certain numbers correctly between 1 to 48.  It includes a draw made every 2 minutes.  If the customer gets at least six numbers correctly, the amount to be won is determined by the number displayed beside wherever the last digit drops.

Mega combo

This option means customers can combine more than one prediction on a single event e.g. who will score, who will receive either yellow or red card, how many corners will be played etc. It makes accumulation tickets even more fun.

5 000 ₦
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About the bookmaker

Established over a decade ago (2009), Nairabet has a special accolade as the first and oldest bookmaker to arrive on the betting scene in Nigeria. Meaning they pretty much set the standard for other bookies to follow suit from. It was founded by Nigerian politician and philanthropist, Akin Alabi and his popularity has further helped the Nairabet brand grow faster. NairaBET is licensed and regulated by the National Lottery Regulatory Commission. and they are also a member of the Association of Nigerian Bookmakers.

Considering they started traditionally (when the online scene wasn't in full throttle), NairaBet has a large number of local betting shops across the country although their online betting platform is now gaining a huge amount of patronizing thanks to innovations from their businessman owner in Akin Alabi.

In total, Nairabet is easily one of the biggest bookmakers in the African gambling community.

Support service

0700 6247 2238
24/7

Download mobile apps

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