NairaBet is the oldest sportsbook and casino that has been established in Nigeria. It started operating in 2009 and holds a license from the Lagos State Lottery Board.
What’s quite unusual about NairaBet is the owner, Usually betting websites are part of a bigger company that is well established in the iGaming world.
But, NairaBet was founded by a Nigerian politician and philanthropist – Akin Alabi. He’s a well-known businessman, responsible for launching motivational seminars and helping young people to set up their own businesses.
He’s also heavily involved in the entertainment industry, managing local artists and supporting the up and coming talent.
His idea for NiaraBet came from observing the trend in society and growing interest in sports betting. Hence, he decided to go where the money is and created his own betting platform.
Nowadays, NairaBet has an only competitor – Bet9ja – and it offers sports betting, casino, virtual games and Colossus (a platform for pool betting).
With sports betting increasingly growing in Nigeria, this bookmaker is one of the places to go. But, from our experience, it’s a better choice for players who are already experienced in sports betting.
One of the best things is the fact that NairaBet accepts Naira as their currency which is one of the biggest benefits for Nigerian bettors!
The only country that is allowed at NairaBet is Nigeria and the local currency – Naira.
For more info: https://alphasportsbetting.com/sports-betting-reviews/nairabet-nigerias-oldest-bookmaker
Kindly log on to www.nairabet.com
Click on deposit which is at the top right corner of the NAIRABET page; you will see the five different channels on how to fund. Please select your preferred method and follow the directions.
The minimum and maximum deposit (h2)
The daily maximum ATM deposit is 10,000 Naira, while there is no set minimum.
When you win bets and you decide to withdraw your funds, all you to do is to login into your NAIRABET account and click on my account, then click on withdrawal. Input the amount you want to withdraw and click on make withdrawal.
Kindly note that withdrawal takes one working day. That means if you make a withdrawal request on a working Monday, you are expected to receive it by Tuesday. If you place it on a Friday, you are expected to receive it on Monday.
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MONDAY FUNDING MADNESS:
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Customer To Customer Transfer.
It’s simple: anytime you make a deposit to your NairaBET account on a Monday between 9am and 9pm, in less than 24 hours your account gets credited with extra 10% of the deposited amount.
Only payments by card deposit, Quickteller, ATM, USSD, and bank deposit (PayDirect) will qualify you for the #NairabetMFM 10% bonus. Any other payment method won’t qualify you.
You can use the bonus on any kind of bet. Be it singles or accumulators.
The bonus can be used on any odds, no matter how small or big.
This offer is available for EVERYONE. It is for both old, new and future customers.
You can use your 10% bonus multiple times until you exhaust it. For example, when you get N1,000 bonus after depositing N10,000, you can use that N1,000 bonus however you wish. BUT…
When you win, the bonus amount is removed from your total winnings. For example, if you use that N1,000 bonus to win N9,000 you will only be paid N8,000. Don’t worry, you’ll always get new bonus everytime you deposit on a Monday
It’s needless to state it again, but for emphasis sake: your deposit has to be on a Monday to get the bonus – between 9am and 9pm.
The maximum amount you can get as bonus is N50,000
Click Here For More Information on bonus: https://www.nairabet.com/UK/promotions#action=PromotionsSummary
Kindly visit https://www.nairabet.com/UK/homepage and click the 'Register' button, or go directly to this link: https://www.nairabet.com/UK/Accounting#action=register
Please Note that there is No maximum amount you can place on a bet.The minimum is #50 while the maximum depends on how much you intend to bet with..
But also Note that the maximum amount you can win on a single bet slip is #1,000,000 so it all depends on the Odds of events you chose and how much you bet with to arrive at that maximum winning amount.
What is the maximum Payout? (h4)
The maximum payout is #10,000,000(ten million naira)
Go to “My Account” section and click on “game history”. You will find a list of all bets you have placed, you can filter them by time and by status, and Input your stake and place a bet.
No. A confirmed bet cannot be cancelled for any reason.