Merrybet Review 2023: Classy Sports Betting In Nigeria

MerryBet is a platform that allows punters to engage in sports betting. This MerryBet Review will provide gamers in the African region with a deep insight into the intricacies of the bookmaker. This review will focus on the MerryBet betting platform whilst providing the full information every prospective or old customer needs to game at MerryBet. This MerryBet Review also includes an app page section where all information about the Sportsbook’s app is discussed. Click to read our MerryBet App Review and our Merrybet Bonus Page Review

About MerryBet 

MerryBet was launched on the Nigerian market in 2013. It was launched by Opeoluwa Fashakin through his company Merrybet Gold Limited. The bookmaker operates using a licence from the National Lottery Regulatory Commission. They are also a member of the Association Of Nigerian Bookmakers. 

MerryBet Licencing

MerryBet has a licence from the National Lottery Regulatory Commission (NLRC). The bookmaker is also a member of the “Association of Nigerian Bookmakers.” Their licence enables them to offer their services to Nigerian punters without violating the law. MerryBet’s licencing underpins the fact that you are in good hands when it comes to security at the bookmaker. 

Basic And Important Information About MerryBet 

MerryBet is a giant Sportsbook in Nigeria. The bookmaker offers some of the best services to Nigerian punters. Here are the most basic and important information punters need to know about MerryBet. 

  • Year founded: 2013
  • Services: Online Betting (Sportsbook and Casino)
  • Owner: Merrybet Gold Limited, Opeoluwa Fashakin
  • Headquarters: Lagos, Nigeria
  • Licences: National Lottery Regulatory Commission (NLRC)
  • Available in: Nigeria
  • Licensed: Yes  
  • Where to Play:  Shop, Web and Mobile App
  • Compatibility: Windows, and Android devices
  • Support:  Email, telephone hotline, WhatsApp, feedback form
  • Overall Rating: 90/100 
  • Welcome Bonus: No
  • Accumulator Bonus: No
  • 24/7 Customer Support: Yes

In this MerryBet review article, we will also discuss features like casino bonus, live chat, betting options, accumulator bets, registration process, eSports, betting odds, deposit bonuses and more available on the platform. 

Features of MerryBet Sportsbook

MerryBet has a great number of features to give punters the best chance of winning as well as keeping the experience fun. Listed below are some of the features offered by the bookmaker. 

Live Betting

The live betting feature gives punters access to place bets on matches or events that have already started. At MerryBet, all punters from Nigeria can place live bets. Here, The number of betting markets depends on the popularity and level of the competition. 


The cashout feature is very famous as it allows players to settle their bets before the event’s conclusion. MerryBet has a cashout feature that enables you to withdraw your winnings in advance and minimise losses. At MerryBet, you can make cashouts on your preferred events and wagering markets. 

Casino Gaming

Casino gaming is getting popular at online sportsbooks. Thankfully, MerryBet has a dedicated section for casino gaming on their platform. The Casino section contains traditional games like roulette and more games from providers like Nsoft.

Virtual Gaming

MerryBet has a very large collection of virtual games for their patrons. The bookmaker ensures that the virtual gaming catalogue consists of almost all sports one can think of. Virtual games are computerised versions of games, which punters can complete in minutes. 

Live Streaming

MerryBet has a live-streaming feature for punters to follow up on their bets. This feature can be used strictly for following bets or for having fun. There are live streams for many games at a go.


MerryBet has a statistics section for numerous competitions to help punters make the right betting decisions. The statistics section shows numerous statistical analyses for different teams which really helps punters. 

Pros and Cons of MerryBet 

MerryBet is a great bookmaker and has its strong points as well as weak points. Here are features of the Bookie which we like at Betting Tips Africa, as well as those we do not like. 

What we like most about MerryBet

  • The range of the betting offer
  • Odd browser 
  • Easy cashout function
  • Cashback on multi bets
  • Live streams
  • The multi slip feature, which is especially helpful in the mobile lite version
  • Detailed and well-structured FAQ

What we like less about MerryBet

  • Below average odds
  • No welcome bonus 
  • Relatively few promotions for existing customers

MerryBet Review: Design and Usability – Rating: 95/100

MerryBet has a good design. The design of a website is important as it plays a major role in user experience. Thankfully, MerryBet did well in this regard, although, we cannot say they did it to a world-class standard. In this section, we will analyse MerryBet’s design and usability. 

MerryBet Website 

MerryBet has a fairly colourful theme. The official website is mainly themed in orange, black and white colours. There are other colours like red and lemon scattered on links and wordings. MerryBet’s website is organised with well-placed icons and links. 

You can learn more about the MerryBet app design on the dedicated mobile app page here.

MerryBet Website Usability

MerryBet’s designers showed extreme professionalism in the construction of their website’s usability. They ensured that the entire navigation is flawless and extremely simple to navigate. They carefully crafted the homepage’s header with a slide of links to present numerous sections to all visitors. 


MerryBet’s website is very responsive when gaming in every section including the live betting section. There are no lags in any area and every page is quite responsive. You can access the MerryBet website across different devices like PCs, tablets, and smartphones. To enjoy a fully satisfying experience, make sure your device has enough memory and a very good network connection.

Loading Speed – Rating: 91/100

MerryBet’s website loads fairly quickly. It takes around 3.7 – 4.4 seconds to get on the MerryBet website with a device running on a mobile network. This time is reduced to around 2.9 – 3.7 seconds if you visit from a high-speed WiFi-connected device.  


New users can navigate through MerryBet’s website easily due to its self-explanatory structure. MerryBet had a minimal number of pop-up windows advertising their deals, bonuses, promotions, and new markets. There are advertising sliders on the homepage showing important information to punters. 

At the top of the homepage, you can find links to the platform’s official social media handles. You will find links to Facebook, Instagram, YouTube, WhatsApp and X (formerly Twitter).

MerryBet Mobile App – Mobile Betting Site 

Just like top bookmakers around the world, MerryBet offers a personalised mobile app for the use of punters. The bookmaker offers their app via the Android platform but doesn’t offer an iOS version. 

MerryBet Registration Process

MerryBet designed a simple signup process for prospective patrons. Bookmakers need to ensure that punters enjoy every moment of the sign-up process, which MerryBet has achieved. In a step-by-step process explained below, we outline how to register on MerryBet, including the requirements and verification process:


  • Visit the official MerryBet website and click on the account icon to enter the login page. Click on the “Register” button which is coated in orange colour. 
  • You will need to provide your preferred login information which includes your username, password, email address and phone number. 
  • You will be asked to input your first name, last name, gender and date of birth. You will also need to fill in your address, city, state and country. 
  • You will be required to provide your bank details like bank name, currency, account number and account type.  This will be used for your transactions with the platform as well as identifying you further. 
  • You will need to input how you learned about MerryBet as well as check a confirmation box to confirm that you are 18 years old and agree with MerryBet’s terms and conditions. 
  • Click the register button underneath to complete your registration. 

Required Fields (what you need to create a MerryBet account)

To create your MerryBet account without hitches, you need the following;

  • Personal information: This includes your name, address, email address, gender, date of birth and so on. 
  • Bank Account: You need a working bank account for transactions and identification. 
  • Secure password: You need a secure password for MerryBet. This password must be easy for you to remember whilst being difficult to hack.  

How to verify MerryBet account

After registration, MerryBet may send you a verification code to be clicked or entered in a required box. You also have the option to verify your account in the profile section with your government-issued ID. 

Betting Market – MerryBet Review

In this complete MerryBet review, we will now proceed to check out the betting market. This section helps punters to make their bet selections based on accurate information. This MerryBet betting market review will focus on football due to the popularity of the sport in the African region. 

MerryBet betting offer (football) – Rating: 90/100

The bookmaker offers a broad market on pre-match bets on sports like Soccer, e soccer, tennis, basketball, ice hockey, handball, volleyball, American football, Aussie rules, badminton, baseball, boxing, cricket, cycling, darts, field hockey, floorball, Futsal, golf, MMA, Motorsport, rugby, snooker, table tennis, water polo, alpine skiing, biathlon and ski jumping. 

MerryBet offers a range of betting markets like home/draw/away, double chance, draw no bet, both teams to score, corners, corner handicap and many more. The sports covered and betting markets apply to MerryBet in Nigeria.  

Odds On MerryBet – Rating: 92/100

Odds are quite important to how users perceive a Sportsbook. They have a direct influence on how much profit punters can make. MerryBet’s odds are shown in decimals by default, just like that of other top-class Sportsbooks. 

MerryBet odds margin – Bookmaker commission

MerryBet’s odds margin refers to the commission that the bookmaker receives for staking your bets. The odds margin may not be constant at every bookmaker including MerryBet. They vary with the game/event being wagered on, as well as the wagering method used.  

UEFA Champions League

In this MerryBet review, we take a look at the UEFA Champions League odds margin offered by the bookmaker. 

  • 1 X 2 {Home/Away (3-way)}

MerryBet has an odds margin of 4.89% – 6.97% in the 1 X 2 option (Home/Away). A bit high odds margin from MerryBet here in comparison to competitors.  

  • Double Chance

In the double chance betting market, MerryBet’s odds margin is really high. They have a range of 13.93% – 16.77%. 

  • Over 2.5

In the Over 2.5 option, MerryBet offers a margin of 5.79 – 7.07%, while its competitors offer a lower margin of 6.52% – 7.77%. 

English Premier League 

  • 1 X 2 {Home/Away (3-way)}

MerryBet offers pre-match betting odds on their (3-way) 1 X 2 (Home/Away) option. They have a house margin range of 4.97% – 6.01%. This is good and on par with some of the margins offered by bookmakers of MerryBet’s standing.   

  • Over 1.5

For the Over/Under option (over 1.5), MerryBet has a margin range of 7.77% – 9.43%.

  • Over 2.5 

In the Over 2.5 market, MerryBet posts a margin range of just 6.76% – 8.30%.

The above-mentioned margin range applies to the English Premier League in MerryBet Sportsbook across Nigeria. 

Live betting Offer – Rating: 97/100

The live-betting (in-play betting) section at MerryBet offers good odds margins. 

  • The 3-way (1 X 2)

The 3way (1 X 2) option sees MerryBet offer a slightly higher margin range of 9.53% – 11.47%. For comparison, competitors offer 12.5% and above on this betting option.

  • Over 1.5

In this betting option, MerryBet offers a margin range of around 8.33% – 9.01%. For comparison, other Bookies offer between 9.97% – 11.32%.

2023 MerryBet Minimum/Maximum Amounts

MerryBet’s minimum stake on any single selection is 50 Naira for gamers in Nigeria. However, there is no known maximum stake at MerryBet. 

MerryBet 2023 Payment Methods (Deposit Methods And Withdrawals) – (Overall Rating: 90/100)

At MerryBet, you can find various options for deposits and withdrawals. However, you can’t use the USSD procedure or mobile money. Additionally, you can use Quickteller ATMs and Paydirect at selected banks.

As a Merrybet customer, you can also opt for instant bank transfers plus the platforms Webpay, GlobalPay, and GT Collections. Additionally, you can use Paystack, which is one of the best payment gateways. In contrast, withdrawals are possible exclusively with bank transfers.

MerryBet Bonus and Promotions

Bonuses and promotions are some of the most attractive things to punters. An attractive bonus or promotion can prompt a punter to game with a particular Sportsbook. MerryBet has a fairly average bonus and promotion offer for their punters. We have created a dedicated bonus page for our readers to perfectly understand the offers presented by MerryBet. You can click here to visit our MerryBet bonuses and promotions page. 

2023 MerryBet Sportsbook Security

MerryBet works with their licence obtained from the National Lottery Regulatory Commission (NLRC). They make sure that everything at MerryBet is done lawfully. In terms of security, you are in good hands at MerryBet. 

MerryBet Customer Service Support

Customer service constitutes another essential segment. After all, you need to be able to move on quickly in case of difficulties. Just like every regulated Sportsbook, MerryBet has an efficient customer support team. The MerryBet team promptly attends to queries from customers. You are well covered at MerryBet and can rest assured that they will attend to your complaints swiftly. 

Ways to Contact MerryBet Customer Support

 MerryBet provides you with a complete and well-structured FAQ under “Help”. Even betting newcomers are largely helped by this. Furthermore, you can utilise 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.

MerryBet Responsible Gambling Campaign

MerryBet provides a dedicated section for responsible gambling on the website. To access this section, simply click on the FAQ and scroll down to the “responsible gambling” section.

Our Final Take

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. However, if you primarily want to bet on as many competitions as possible, the prematch programme definitely meets your needs. 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 welcome bonus. However, Merrybet makes up for this partially with the cashback function. Besides, the selection of payment methods is good but could be improved. You must cope without mobile money and without USSD options.

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