Nairabet Africa – Review 2023

  • Founded: 2009
  • Location: Lagos, Nigeria
  • Licence: National Lottery Regulatory Commission (NLRC)
  • Owner: Over the Top Entertainment Limited, Oloye Akin Alabi
  • Customer service: E-mail, telephone hotline, live chat
  • Stock Exchange:
  • Nairabet mainpage

This bookie appeared on the market in 2009 and thus represents one of the oldest betting sites in Nigeria. Moreover, Nairabet became the first bookie to receive a licence in this country. More precisely, the operator Over the Top Entertainment Ltd works with a concession from the National Lottery Regulatory Commission (NLRC). Furthermore, the fact that Nairabet is the African betting partner of the Italian top club AC Milan proves the seriousness of this betting site.

What we like about Nairabet

  • The breadth and depth of the betting offer
  • Moreover, the strong odds for prematch and live betting
  • Various promotions for existing customers
  • The simple design of the multiview feature for live betting
  • The cashout function
  • The live chat

What we like less about Nairabet

  • No new customer bonus
  • The FAQ should be better structured

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Betting offer and odds: The breadth, depth, and odds are good

The betting offer represents one of the most important aspects when choosing the appropriate bookie. And the more sports attract attention, the more betting enthusiasts feel addressed. Nairabet must have internalized this. Because: During the midweek, we saw approximately 30 disciplines. Not surprisingly, they include several niche sports.

By this we mean, for example, alpine skiing, ski jumping, cross-country, and biathlon. Some of these sports didn’t appear at competitors even during the Olympic Games. Furthermore, you can bet on squash, Gaelic football and Gaelic hurling.

Nevertheless, the football offer, of course, represents the core of Nairabet. Here you find bets on the top European competitions and leagues from dozens of other countries. We wrote this test report in the middle of the week, and even in the third- and fourth-highest divisions, there were more than 150 betting markets available. Latest on the matchday, you can pick from 220 options per fixture. And you can find a relatively large number of betting opportunities on basketball, tennis, ice hockey, and golf.

But that’s not all because Nairabet does a lot of right when it comes to betting odds, too. For example, the odds on the top European football competitions range between 96.80% and 97.50%. With regard to the NBA, WTA tennis and the NHL, they reach the 96.22%, 96.21% and 95.40% mark respectively.

Moreover, at Nairabet you can use the cashout feature. This allows you to hedge your winnings or limit your losses on all bets. Furthermore, betting enthusiasts can enjoy the simulated reality leagues, two virtual leagues (football, basketball) and Globalbets. In the latter area, you can bet on randomly generated football matches and races.

Live betting experience: More limited choice, but great odds

Again, we wrote this Nairabet review mid-week, but the breadth in terms of live betting definitely can’t compete with that in prematch betting. To be more precise, on a Tuesday afternoon we could bet on football, tennis, basketball, ice hockey, volleyball, snooker, and table tennis. On Friday, they added, for example, baseball, darts, and badminton.

  • Nairabet live betting

The number of betting markets depends on the level and the popularity of the tournament, etc. For example, in a less well-known top division in Europe, such as those in Serbia and Romania, you can find more than 60 options. On the other hand, you may only find 20 or so on other fixtures.

The odds keys are inherently lower for live betting, but those at Nairabet are comparatively good. They perform best regarding ice hockey bets. Here they amount to 93.75%. In connection with football, the payout percentage oscillates between the 92.80% and the 93.50% mark. However, if you want to wager on tennis matches, you must cope with an odds key of nearly 92%.

Moreover, the multiview function constitutes a pro. It allows you to choose three matches at once and follow them together with the most important markets side by side. Additionally, you can utilize the cashout function, as you can with the prematch bets.

Bonus for new customers: Not available

At Nairabet for now, you must do without a new customer bonus. The other side of the coin is that betting enthusiasts can benefit from various promotions on an ongoing basis. Nevertheless, the lack of a start-up aid is nevertheless a considerable shortcoming.

App and website: User-friendliness is a top concern

This betting site offers you various options for placing your bet. Additionally, to the desktop version, Nairabet provides a mobile app for Android, a lite version and the web app. You can find the corresponding links on the desktop version. All these versions impress with their user-friendliness and speed.

We got along best with the desktop version. This may sound banal, but Nairabet does a lot of right in this respect, too. The developers opted for a four-column layout, a cleverly designed header navigation and adequate colour contrasts. And this ensures that even newcomers can find their way around the site right away.

Besides, as mentioned above, at Nairabet you can use a mobile app for Android, a lite version, and a web app. In the more modern versions, everything on the homepage focuses on the most important football and basketball competitions.

However, you can use a search function and access the rest of the betting programme and other content via the hamburger menu. The same applies to the mobile lite version of What the mobile editions have in common is that you can book bets in advance and then load the code.

Payment methods: a variety of options

Nairabet gives you various alternatives for deposits and withdrawals. If you prefer an offline approach, you can make your deposits at Nairabet, for example, through shops and agents. Besides, you can pay via bank transfers and ATMs. You can’t do it with the USSD procedure.

Otherwise, you can resort to the popular platforms Quickteller and GTBank. Additionally, and if you aren’t a Sterling Bank cardholder, you can use the payment gateways Paystack as well as Xpresspay. Moreover, Nairabet permits deposits with mobile money through Opay. However, withdrawals can only be processed via bank transfers. The minimum amounts for deposits and withdrawals lie at 100 ₦ and 1,000 ₦ respectively. Nairabet informs only logged-in users about fees.

Security: You are in good hands

As mentioned at the beginning, Nairabet is the first Nigerian bookie with a licence. To be more precise, the National Lottery Regulatory Commission (NLRC) makes sure that everything runs properly. Furthermore, the partnership with the Italian top team AC Milan speaks for the seriousness of the bookie.

Customer service: good performance

  • Nairabet customer service

The customer service represents another key factor. Because: If you don’t know what to do on your own, things must proceed quickly. Nairabet offers you an extensive FAQ function, but there is room for improvement in terms of structure. If this does not help you, you can fall back on the live chat, an e-mail address and three telephone numbers.

Conclusion: Scores mainly with the betting offer and user-friendliness

Among other things, we are impressed by the betting programme and the above-average generous odds at this betting site. And unlike many of its competitors, the bookie convinces both with its breadth and, for top disciplines, with its depth. Moreover, you can use the cashout feature and the practical multiview function for live bets. Additionally, we appreciate the user-friendliness of all versions.

We also like the selection of payment methods and the fact that the customer service can also be contacted via live chats. On the negative side, we find that there is definitely room for improvement in terms of the FAQ and that there is no new customer bonus. Although there are other promotions, they don’t provide any start-up assistance.

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Who Is The Owner Of Nairabet?

Akin Alabi, a well-known figure in the gambling industry, is the owner of the company. He’s written a number of novels that have been deemed to be some of the greatest sellers in Nigeria. Nigeria’s Oyo State is where Alabi’s birth occurred. He attended Command Children School for his elementary and middle educational needs before relocating to Enugu for his secondary education. He studied politics at Lead University in Ibadan and graduated with a degree. Akin Alabi received his master’s degree in marketing from the University of Liverpool.

Visit the official website via a simple Google search. Create a NairaBet account and provide your personal information and banking details. Make use of the several methods to add funds to your Naira Bet account. Pick your favourite sport and place a wager. If you like football, you can watch any game you choose, like Senegal vs the Netherlands.

To win, select any betting option, such as “2 – away to win.”1.5: More than one goal in a match, Under 2.5, not more than two goals should be scored. Select the amount you want to stake. Note: The minimum amount to stake is 50 naira. Click on “Submit” to get your betting slip. While there is no set-in-stone way to win every time, make sure you study team performances and check out the prediction websites like Betting Tips Africa to increase your chances of winning.

Nairabet was established in Nigeria in 2009; we are fully aware that it is the first betting platform in Nigeria, but the platform did not receive the respect that it deserved at the time of its establishment. However, it was the first company to release a website and enable people to play games via their mobile devices and make withdrawals when they won. These games included virtual versions of games. Football betting became well known when Bet9ja came into existence in 2013.

Opening a Nairabet account is very easy and only requires a few steps. Visit the official website of the betting platform and click on “Join.” Fill out the generated registration form with your correct information, like phone number, state, and select password. Click on the box that says, “I am over 18 years old and agree to Nairabet’s Terms of Service and Privacy Policy.” You can then proceed to verify your account and use it.

Nairabet Cash Out is an option that allows you to take your winnings early, before any of the games in your wager have been played or before they are all concluded. Your withdrawal options may vary. Moreover, real-time competitions offer real-money payouts. There is still a chance to pay out, even if the team you picked is losing. The amount you’ll be able to cash out at will depend on the state of the game at the moment. To cash out, simply log in and navigate to the bet slip and click on the “Cashout” button.

Yes. NairaBet is a member of the Association of Nigerian Bookmakers and is licensed by the National Lottery Regulatory Commission in Nigeria. Customers must be located in Nigeria, and the Naira is the sole currency accepted on NairaBet. NairaBet is a safe gambling site that has no ties to illegal activities. One of the greatest online football betting sites, it takes every precaution to protect its customers’ privacy and financial data from the prying eyes of cybercriminals. NairaBet has a section dedicated to responsible gambling, as do many other major bookies.