Nairabet Review (2023): Full Betting Site And Mobile App Details

Sports betting is a multifaceted provider to gamers around the world. Sports betting is a means of entertainment as well as a means for making money. To learn more about Bookies, a deep insight Bookie review is needed. This is why our experts at Betting Tips Africa make sure to provide in-depth reviews on nearly every Bookie on the planet. This Nairabet review will focus on the Nairabet betting platform and aims to provide full information about Nairabet to every punter. 

About Nairabet

The Nairabet 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 license from the National Lottery Regulatory Commission (NLRC).

Nairabet Licensing

Nairabet has a licence from the National Lottery Regulatory Commission (NLRC). This enables the Bookie to offer their services to Nigerian gamers without going against the law. The Bookie is also a member of the “Association of Nigerian Bookmakers.”

Basic And Important Information About Nairabet

There is a lot to know about Nairabet. Basically, theh Bookie is one of the oldest Bookies to offer their services to Nigerians. Nairabet information that need to be highlighted include their welcome bonus, and deposit methods. Also, their casino bonus, live chat, betting options, accumulator bets, registration process, eSports, betting odds, deposit bonus are also important. 

Here is a bulleted list of the most basic and important information about Nairabet:

  • Year founded: 2009
  • Website: https://www.nairabet.com
  • Owner: Over the Top Entertainment Limited, Oloye Akin Alabi.
  • Headquarters: Lagos, Nigeria
  • Available in: Nigeria
  • Licensed: Yes 
  • Compatibility: Windows, iOS, and Android devices
  • Nairabet Overall Rating: 91/100
  • Where to Play: Web and Shop
  • Services: Sportsbook And Casino 
  • Welcome Bonus: No
  • Accumulator Bonus: No
  • Accepted currency: Naira
  • 24/7 Customer Support: Yes
  • Live Chat: Yes 

Nairabet Review: Features Of Nairabet Sportsbook 

As expected from a Sportsbook of its standing in Nigeria, Nairabet has a good number of features that help punters achieve their aims when betting. Some of these features are;

Live betting

Nairabet incorporates the live betting feature on their platform. Live betting gives punters access to place bets on matches or events that are already in progress. Live betting is also known as in-play betting and it is commonly found at top-class betting platforms. There are numerous betting options and markets on Nairabet’s platform. These help to increase profit in many ways. 

Cashout 

The cashout feature is one feature that puts Nairabet on the upper echelons of sports betting providers. Cashout enables betting enthusiasts to settle their bets before the conclusion of the matches or events. Nairabet provides the cashout feature to all bettors on their platform. This means the bookmaker allows you to cash your winnings before the conclusion of events.

Virtual Gaming

Nairabet has a great virtual sports gaming catalogue on their platform. This form of gaming is a computerised version and can be completed within a few minutes. Nairabet offers virtual gaming on a deep variety of sports like horse racing, dog racing, motor racing and many more. 

Casino Gaming

Nairabet has a dedicated section for casino gaming on offer for interested gamers. The casino section mainly consists of slots, and is not as robust as those of its competitors. However, it is good enough for basic gaming. 

Pros And Cons Of Nairabet 

Every online betting site including Nairabet possess a strong and weak side. This section highlights what we like less and most about Nairabet.

Nairabet Review: What we like about Nairabet

  • The breadth and depth of the betting offer
  • 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

Nairabet Review: What we like less about Nairabet

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

Design and Usability – Rating: 93/100

The bookmaker has a good website design that is easy to use as well as aesthetically pleasing. This is one of the features that attracts gamers to the platform, as no punter wants a platform that gives stress. 

Nairabet Website

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

Nairabet Website Usability

Nairabet website is well-designed and simple to navigate, so players may have stress-free betting experience. 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. Gamers can use any browser ranging from Google Chrome, Opera mini to Mozilla Firefox and the likes to access the Nairabet website with ease.

Responsiveness

Nairabet’s developers made sure their website is highly responsive when gaming. Testing shows that the website takes a short time to load several pages without any form of lag. To enjoy a fully satisfied experience on Nairabet, make sure your device has enough memory and a very good network connection.

Loading Speed – Rating: 95/100

Nairabet’s mobile website loads very quickly. From our rigorous testing, we discovered that the website loads fully in 3 to 5 seconds. Furthermore, when you visit the official Nairabet website with a device connected to a high-speed WiFi network, it loads completely between 2.3 to 3.1 seconds. The loading time also depends on one’s device capabilities as well as the signal strength.  

This Nairabet Nigeria review 2023 includes a dedicated mobile app review page. In this page, all details about the dedicated app and mobile site are discussed. Please click here to learn more about everything the Nairabet mobile app has to offer.

Navigation

Nairabet’s navigation process is one of the most easy to use. There are no unnecessary shortcuts and if you click on a heading, you will be directed to the section in a flash. Nairabet incorporates a minimal number of pop-up windows advertising their deals, bonuses, and promotions. At the footer of the homepage, you will find information about the bookmaker, some of their payment methods and their licencing. In this section, there are links to the official social media handles of Nairabet. Our readers can learn more about the Bookie’s app in our dedicated Nairabet app review section.

Nairabet Mobile App – Mobile Betting

With the expansion of the internet and its uses, it is not surprising that sports betting websites are favouring the use of personalised apps. Nairabet, like many other Sportsbooks of its calibre, also offer their services via a mobile app. The Nairabet app can be downloaded on mobile devices. You can check our Nairabet App Review page for detailed information on the app. 

Nairabet Account Registration Process

Nairabet has an easy and exciting registration process for prospective customers who wish to sign-up with the platform. Nairabet’s registration process allows new users to register without any problems. We will outline Nairabet’s registration process in a step-by-step guide below;

How to Register on Nairabet 

  • Visit the official Nairabet website and tap the “Join” button at the top right corner of the homepage. 
  • Input your phone number, state, password and check the box which confirms you are over 18 years old. 
  • Click on the “request for your Registration code” button, and complete the verification process with the code sent to your phone number. 
  • Complete your registration by verifying your bank account and you are good to go. 

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

  • Personal information like your phone number and state of residence.
  • Your secure password, which is easy for you to remember whilst being difficult to hack. 
  • Bank account which will verify your identity as well as providing you with a payment method.

Betting Market – Nairabet Review

A review of the betting market helps punters to make top-class bet selections based on accurate information. This makes it essential that this Nairabet review covers the betting market. Although there are numerous sports to cover, we will be focusing on the football betting market as the vast majority of African bettors focus on football. Below, we will look critically look at the Nairabet football betting offer. 

Nairabet football betting offer – Rating: 87/100

Nairabet offers a broad market on pre-match bets on sports like football, American Football, Aussie rules, Badminton, Baseball, Basketball, Beach Volley, Boxing, Cricket, Darts, eSports, Futsal, Golf, Handball, Ice Hockey, MMA, Motorsport, Rugby League, Rugby Union, Snooker, Table Tennis, Tennis, Volleyball and Waterpolo

The Sportsbook offers a broad and wide range of betting markets like its most prominent competitors on markets like home/draw/away, Over/Under, Both Teams to Score, Match Result and Both Teams to Score, Draw No Bet, First Half Win/Draw/Win and Both Teams To Score In 1st Half. Some unique markets available at Nairabet include; corners, goalscorers, odd/even, etc. The sports covered and betting markets apply to Nairabet in Nigeria. 

Nairabet Odds – Rating: 90/100

Odds are the lifeblood of every Sportsbook and they have a direct influence on how much profit a punter can make. To further educate punters on understanding the odd formats and analysis of odds and probabilities, we have made a compilation of Nairabet’s odds margin below. Just like other Bookies, Nairabet’s default odds are shown in a standard decimal format. 

Nairabet odds margin – Bookmaker commission

The odds margin is the commission that the Bookmaker receives for staking your bet. Regardless of how low or high the margin is, the bookmaker never loses. The odds margin is not constant; it varies with the game being wagered on and also with the wagering method used.  

UEFA Champions League

  • 1 X 2 {Home/Away (3-way)}

Nairabet offers pre-match betting odds on their (3-way) 1 X 2 (Home/Away) option with a house margin range of 3.88% – 5.62%. This is very good as it is on par with that of the biggest bookies in the world. 

  • Over 1.5

For the Over/Under option (over 1.5), Nairabet has a margin range of 5.16% – 7.01%.

  • Over 2.5 

In the Over 2.5 market, Nairabet posts a margin range of just 5.16% – 7.04%. 

  • Double Chance

In the double chance section, Nairabet has a high margin range of 12.92% and above. Other betting sites have a double chance margin range of 12.2% – 15.62%, this putting them on par. 

  • Draw No Bet 

The draw no bet option is a market where Nairabet is also very strong. The Bookie offers odds with a margin range of 5.47% – 7.59%. 

The above-mentioned margin range applies to the UEFA Champions League competition in Nairabet Sportsbook across Nigeria. 

English Premier League

This Nairabet review extends to the most competitive league, English Premier League. 

  • 1 X 2 {Home/Away (3-way)}

Nairabet has an odd margin of 4.21% – 5.57% in the 1 X 2 option (Home/Away).

  • Double Chance

In the double chance betting market, Nairabet’s odds margin is a bit high and around a range of 12.88% – 14.98%. 

  • Over 2.5

In the Over 2.5 option, the odds margin is quite different between Nairabet and some of its biggest competitors. The Bookie offers a margin of 5.16 – 6.33%, while its competitors offer a slightly higher margin of 6.52% – 7.77%.  

Live betting Offer – Rating: 85/100

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

  • The 3-way (1 X 2)

The 3way (1 X 2) option sees Nairabet offer a slightly higher margin range of 11.03% – 13.21%. For comparison, competitors offer 6.5% – 12.62% on this betting option. 

  • Over 1.5

In this betting option, Nairabet offers a margin range of around 7.47% – 8.99%. For comparison, other Bookies offer between 7.88% – 9.29%.

2023 Nairabet Minimum/Maximum Amounts

Nairabet’s minimum stake on any single selection is 50 Naira for gamers in Nigeria. Although there is no maximum stake set at Nairabet, punters should not allow their stake to exceed the possible winnings on their bet slip. 

2023 Nairabet Payment Options (Deposit Methods And Withdrawals) – (Overall Rating: 92/100)

Nairabet provides punters with a wide range of payment options. As a patron, you are provided with different deposit and withdrawal options based on efficiency and your choice. Here are the payment methods available to you at Nairabet

Nairabet payment methods 

  • Opay

You can find your Nairabet through OPay. Just choose Nairabet as your provider, enter your user ID, specify the desired amount, and click on the “Pay” button. 

  • Cards 

You can fund your Nairabet account via payment gateways like Paystack, interswitch, Xpress Pay and Flutterwave. Just select the relevant link and input your card details. 

For withdrawals, Nairabet makes Nigerian commercial banks available. It is an easy process. Just navigate to the  “Account” section, click on withdrawal and input your details. 

Nairabet Bonus and Promotions

2 goals up promotion

Nairabet offers a two-goal up promotion where punters can win if their selected team goes two-goal up in a game. 

10 Bets, 1 free bet promotion

Nairabet will give out 1 free bet to gamers who place 10 in-play (live) bets with a minimum stake of 5,000 Naira per bet. So, this means that you will get awarded a 5,000 Naira Free Bet. Note that the free bet will remain valid for 7 days. 

Goalless Draw

Nairabet offers the promotion “Goalless Draw”. With this, you risk nothing with your combination bets if a specific match ends goalless. However, the offer only applies to three-way bets placed before kick-off. Visit Nairabet Bonus page for more information on the available bonuses and promotions.

2023 Nairabet Sportsbook Security

As mentioned at the beginning, Nairabet is the first Nigerian bookie with a license. To be more precise, they are licensed by the National Lottery Regulatory Commission (NLRC), thus making sure that everything runs properly. The Bookie also uses SSL encryption technology to safeguard user information.

Nairabet Customer Support

Nairabet has a customer service support team that promptly attends to any queries from customers. You will find it easy to make enquiries or lay complaints if the need arises. 

Ways to Contact Nairabet Customer Support

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.

Nairabet Responsible Gambling Campaign

Nairabet provides a dedicated section for responsible gambling on the website. This helps to safeguard users from the dangers of compulsive gambling. Any punter can visit this section by scrolling to the bottom of the homepage. Just click the “information” toggle, and click “responsible gambling.”

Nairabet Review: Our Final Take

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.

FAQ

When Did Nairabet Start In Nigeria?

How To Open A Nairabet Account

Is Nairabet Safe?