Merrybet – Review 2023

  • Founded: 2013
  • Location: Lagos, Nigeria
  • Licence: Lagos State Licensing Board (LSLB)
  • Owner: Merrybet Gold Limited, Opeoluwa Fashakin
  • Customer service: E-mail, telephone hotline, WhatsApp, feedback form
  • Stock Exchange:
  • Merrybet mainpage

Opeoluwa Fashakin launched this bookie on the Nigerian market in 2013. There, his company, Merrybet Gold Limited, operates using a licence from the Lagos State Licensing Board (LSLB). And that underpins the fact that you are in good hands when it comes to security at In the following, we put this betting site through its paces.

What we like about Merrybet

  • The range of the betting offer
  • Furthermore, the odd browser, which allows you to pick events based on what you want to happen
  • The modern mobile versions can keep up with the desktop version
  • The easy handling of the cashout function
  • Cashback on multi bets
  • Live streams
  • The multi slip feature, which is especially helpful in the mobile lite version
  • You can use a chatbot
  • Detailed and well-structured FAQ
  • A blog with sports betting tips and info on promotions

What we like less about Merrybet

  • Seemingly server problems because Merrybet’s more elaborated mobile versions as well as the desktop version are occasionally not available
  • The odds lie clearly below the average
  • No new customer bonus and relatively few promotions for existing customers
  • You can’t use mobile money and USSD-options

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Betting offer and odds: An extensive range, but low odds

The betting programme represents one of the most important aspects in choosing the best possible bookie. The more sports it includes, the more betting enthusiasts can discover their favourite disciplines. And the owners of Merrybet must be aware of this. Because: At the beginning of the week, we noticed 24 real sports. These included some niche sports. Thus, most of you should find something suitable for you. The wagering programme also extends to football special bets, eSoccer and entertainment bets.

As with all other betting sites, the football offer represents the centrepiece of Here, on a Monday at the start of an international break, we saw competitions from over 60 countries. Plus, the European Cup tournaments, international matches, club friendlies and simulated reality leagues. And regarding the top nations, you can bet just as well on amateur and youth leagues.

The number of betting markets depends on the popularity and level of the league. All in all, the programme on Monday afternoon covered a total of 1,200 events. In addition, there were 211 tennis bets. Furthermore, you could have placed over 160 basketball wagers as well as respectively more than 120 ice hockey and table tennis bets. Baseball and motor sports had just under 100 events available. Apart from that, we saw only top competitions. In addition, there are, for example, virtual leagues and the Global Bets.

Moreover, and especially in connection with football, you must settle for low odds. Because: Even with the European top competitions, the odds key fluctuates between the 91.20% and the 92.30% mark. And you collect even less with NHL bets because in this context the payout percentage is 90.70%. On the other hand, ATP tennis (93.80%) and NBA (95%) lovers are clearly better off. Furthermore, you can use the cashout function at Merrybet.

Live betting experience: A clearly lower selection

Once again, we wrote this Merrybet review at the beginning of an international match break. Nevertheless, we think that the live betting offer clearly has room for improvement. Football around the world certainly has more than ten games to offer at the same time. Only in connection with tennis, the number of events was in double digits. Additionally, the programme included extremely few options on basketball, volleyball, ice hockey and table tennis.

  • Merrybet live betting

The number of betting markets depends on the popularity and level of the competition. For example, you can choose between over 60 options for the second-highest Turkish league and the first Serbian league. On the other hand, the programme for tennis, for example, comprises at best 40 alternatives.

Besides, the betting odds are definitely improvable. Here, just as with the prematch bets on basketball, you get off best. Because: We noticed a payout percentage of 94.80%. Regarding ATP tennis, it was 92.30% and with ice hockey, it reached the 93.30% mark. And interestingly, it surpassed that for prematch betting. On the other hand, football lovers will clearly find better payout odds with the competition. Because: At Merrybet, the odds key fluctuates between the 88.80% and the 91.40% mark. And that means that the bookie retains profit margins of up to over 11%.

On the desktop version, however, the multiview function constitutes a pro. Here you can follow three sporting events at once and always have the most important betting markets at hand. Moreover, you can use the live streams. This does not really allow you to keep an eye on the most famous competitions, but we would like to see this as a first step in the right direction. Besides, the cashout function can be used just like with the pre-match bets.

Bonus for new customers: Missing

If you expected a new customer bonus at, we must disappoint you in this respect. Because: You will have to do without one at this bookie until further notice. In addition to the lack of a start-up aid, we criticize this betting site for the fact that existing customers hardly benefit from promotions.

App and website: There are server failures

We noticed something rare with the Merrybet platform, even after the login. Namely, there are apparently server failures. Something like this should never happen with a good bookie. Even if it happens on Sunday evenings with the one or other top game.

During these hang-ups, you can only fall back on Merrybet’s old mobile or lite version. You can’t even get to the desktop version or the more modern web app via the selection page with three options. Besides and late, but nevertheless, launched a mobile app for Android end devices. You can find the corresponding link in the header of Merrybet’s modern web app as well as in the header navigation of the desktop version. You can either use a QR code or a normal download.

Basically, we got along best with the desktop version. We were particularly impressed by the three-column layout, the intelligently designed navigation and the colour combination and the resulting contracts. Even betting beginners get along well with the site.

However, the corresponding links in the header will take you to Merrybet’s web app as well as the mobile lite version. Here, the main difference between the first option and the desktop version lies in the size of the display. Furthermore, for technical reasons you must do without some features such as the multiview function. On the start page of the web app, you can mainly find the live bets. You can access the prematch bets via the corresponding item in the footer and via the hamburger menu.

The situation is somewhat different with the old mobile or lite version of There you must do without various features. Of course, this is absolutely legitimate. The mobile versions both offer the option of booking bets in advance and then loading the corresponding code.

Payment options: a variety of options

At, you can find various options for deposits and withdrawals. However, you can’t use the USSD procedure or mobile money. If you want it to work offline, you must turn to shops and agents, for example. Additionally, you can use Quickteller ATMs and Paydirect at selected banks.

On the other hand, as a Merrybet customer, you can opt for, among others, instant bank transfers plus the platforms Webpay, GlobalPay, and GT Collections. Additionally, with Paystack, you have a payment gateway. In contrast, withdrawals are possible exclusively with bank transfers. The other side of the coin is that the bookie cooperates with more than 20 credit institutions.

Security: You can play it safe

As mentioned at the beginning, the operators work with a licence from the Lagos State Licensing Board (LSLB). That represents one of the most important and strictest institutions regulating sports betting in Nigeria. Accordingly, the licence alone speaks for the security at Merrybet.Furthermore, the use of SSL encryption – Secure Socket Layer guarantees a reliable handling of your data.

Customer service: Good, but there is room for improvement

  • Merrybet live betting

Customer service constitutes another essential segment. After all, you need to be able to move on quickly in case of difficulties. provides you with a complete and well-structured FAQ under “Help”. Even betting newcomers are largely helped by this. Furthermore, you can utilize a chatbot. The other side of the coin is that we missed a live chat. Instead, you can use an email address, a telephone hotline, WhatsApp, and a feedback form.

Conclusion: Merrybet scores primarily with the modern mobile versions and the betting programme.

We are particularly impressed by the breadth and depth of the betting offer. But it is a pity that the odds remain below average for the most part. We are surprised that especially those in connection with football perform poorly. However, if you primarily want to bet on as many competitions as possible, the prematch programme definitely meets your needs. Moreover, Merrybet impresses us with the modern web app and the Android app. In case of server problems, you can use the lite version, albeit with deductions.

Furthermore, we criticize the fact that you must manage without a new customer bonus and largely without ongoing promotions for existing customers. However, Merrybet makes up for this partially with the cashback function. Besides, the selection of payment methods is good, but could be improved. Because: You must cope without mobile money and without USSD options. In contrast, at, you have access to a detailed and clear FAQ. Furthermore, a chatbot, a telephone hotline and WhatsApp are available as contact options.

Merrybet accepts customers from these countries

Merrybet alternatives


How To Check Merrybet Slip

Gain access to your MerryBet account by entering your email address and the password that you chose when you first registered for an account on MerryBet’s website. After clicking “submit,” a drop-down menu will appear, which will give you the option to either “check bet slip” or “booking code.” In the final step, you will need to type the code that is located on your bet slip into the box that displays.

At the moment, Merrybet does not support Airtime as a method of depositing funds into player accounts. It enables instant bank transfers, payments through bank deposits, deposits made using Global Pay, deposits made using Quickteller ATMs in Nigeria, deposits made using GTCollections in Nigeria, and deposits made using Paystack banks, amongst many more payment methods.

Conduct an internet search to locate the Merry Bet official website, and then select it. When you select “my account” and then “register,” you will be presented with a variety of choices for an account, as well as for your personal information, address, banking information, and references. Please provide the essential information in the appropriate fields, and confirm that you are at least 18 years old by checking the box next to the Merry Bet regulations. After that, whenever you are ready to play, go to the dashboard and log in with your username and password.

Opeoluwa Fashakin is the proud proprietor of the MerryBet Company. He is employed in the gaming industry, specifically Sportsbooks and casinos. Opeoluwa has a number of colleagues, some of which are Adewale Oluwaseun and Ekwueme Henry. He is not as well known as Akin Alabi, the founder of Nairabet, and Opeoluwa enjoys keeping himself hidden from the general public as much as possible. He earned a degree in computer science from Lagos State University and currently has a net worth of $41 million.

An option known as “cashout” lets punters collect a portion of their potential payout before the conclusion of the event they bet on. The amount you receive depends on the current odds of winning and the moment you cash out. Consequently, it may be more or less than what the bettor staked. To cash out on Merrybet, log in to your account on the website and click on the top-left tab. Select “Cash Out.”

To begin placing bets on the platform, one must first visit the site, create an account, and deposit funds. The user can choose from a variety of sports, including football, basketball, volleyball, and others. Feel free to pick any league or competition that suits your fancy. The England vs Iran match is one option among many. Choose your preferred bet option like 1 -home team to win, 12: any team can win, GG-both teams to score, 1 and over 0.5-home team to win and score more than one goal, and many other possibilities. Now pick as many matches as you can and submit your wager, which must be at least 50 naira. Finalise your wager by clicking the “Submit” button.

The maximum amount that may be withdrawn from MerryBet is one million naira. The transaction will be processed and sent to your bank within twenty-four hours, excluding weekends and holidays.