Nairabet is an African facing online betting portals, licensed and regulated by the Lagos State Lotteries Board. Most of their users are Nigerians, which is hardly a surprise given the fact that the company has its headquarters in this country. With dozens of outlets nationwide and a strong presence beyond borders, it hopes to become one of the most important players in the African market.
Nairabet is one of the most professional bookmakers located in Africa, employing a team of highly trained professionals. Players can open an account and then place bets over the phone, with dozens of operators working round-the-clock. The name comes from the national currency. Players are supposed to bet at least 2,000 Naira when wagering over the phone. The bookmaker allows some degree of flexibility and operators can accept lower amounts by discretion.
Key facts about NairaBet
- Nairabet is not known outside Africa, but has been around for many years and enjoys the support of Nigerian fans.
- This is one of the first bookies to focus almost exclusively on the Nigerian market.
- Nairabet recently added an online casino section and contemplates the possibility of setting up a poker room and bingo parlor.
- The website is available primarily in English but can be translated in several languages
- Football betting is king at Nairabet, with all important competitions in Africa being covered, including the inferior divisions.
Is NairaBet safe and reliable?
They are no match for the big European and North American operators, when it comes to exposure and reputation. On the other hand, it is a trustworthy African bookie and there were no instances in which members were shortchanged. Customer support provides quality service tthat is on par with the one offered by their European counterparts.
The Nigerian company didn’t try to reinvent the wheel and uses the same firewalls and SSL encryption technology popular worldwide. One thing that they are still working on is to set up partnerships with independent auditing companies. This will help project an image of trustworthiness over the games recently introduced to the online casino.
Nairabet was created to meet the high expectations of Nigerian players who were hoping to bet with a local operator. They can sign up for real money accounts with international operators, but can benefit from the assistance of a bookie dedicated to their needs. Get Altitude Nigeria Limited is the one owning and running the bookmaker. They have invested a lot of money in making the betting service as professional as possible.
The CEO recently announced the partnership with Optima, a highly advanced software platform that makes betting here much better. The newly introduced tools make it easy for players to bet on their sports of choice and they improve scalability and performance. The integrated services enhance the existing collection of sports, while the tremendous experience of Optima can be put to good use in fringed issues, such as eSports
Nairabet tries to make a name for itself as a Nigerian company serving local players, without ignoring European football. African countries have some great players and this explains the interest for the local domestic championships. The national Nigerian league and the lower counterparts attract players, but also the corresponding divisions from neighboring countries.
With the introduction of the Margin Maker 2 system developed by Optima, players can now bet in real-time much faster. They also have a broader palette of football leagues to choose from and apparently the odds were also bumped a little bit. They are still a far cry from the top value offered by Pinnacle Sports or betting exchanges such as Betfair.
NairaBet horse racing
Nairabet is not the best place to open a real money account if you want to bet on horse races. These events are the Cinderella of their sports betting offer. Only a couple of races are available and players can only bet on the outright winner and the runner-up, with no special markets. A slightly better selection of horse races is available for major series such as the Grand National or Cheltenham Festival.
Live and Mobile Gaming at NairaBet
They have been offering a live betting service ever since it opened the bookmaker section. With the support provided by Optima, this service was greatly improved. Players can bet on dozens of football games every day, a handful of tennis, basketball and baseball competitions, with minimal delay. There is no live streaming feature which is common with average bookmakers.
Nairabet doesn’t have a dedicated mobile app and given its access to relatively limited resources, it is unlikely for them to come up with one anytime soon. On the other hand, smartphones can be used extensively for phones betting, which happens to be a very popular service here.
How are the limits and odds at NairaBet?
As mentioned above, Nairabet is a decent operator not only by African standards but also compared with fully fledged European bookmakers such as BetVictor or Paddy Power. On even lines, the odds revolve around 1.92 which is better than the average but far behind the industry leaders. The limits are rather low and this can be a problem for Europeans and anyone hoping to bet larger amounts. This is the direct consequence of the bookmaker focusing on the Nigerian market and particularly on the phone betting system.
Nairabet now also has a casino which presents an alternative to those who seek something different from sports betting. Some of the games available here are inspired by the sports, with many of the new titles revolving around popular themes. Fans can choose between classic three reel slots with fruity themes and the five reel variety with 243 winning combinations.
Popular games such as Dragon of Fortune, Golden Flash, Black Jackpot, Dante Hell, Fair Roulette, Golazo can be played here. The video poker variety is a bit shallow and the number of table games can also use a bump as less than 20 of them are available. There is no live dealer section for any of teh table games. Players have no choice but to put their trust in the random number generator and hope to emerge victorious.
Nairabet is on a constant expansion , but bingo and poker are still just on the wish list. It will take some time and a significant investment for players to be able to compete against their peers. There are few alternatives in the casino section, where lottery inspired slot machines and video pokers provide a decent substitute.
In addition to the classic slot machines and the handful of table games and video poker, players can also experience the thrills of exotic titles. The mini roulette is one of the latest additions and already has a dedicated fan base, due to its simplicity. Fewer numbers are on the wheel and the odds are better, but the potential payouts are decreased as a result.
NairaBet eSports betting
They were until now unable to offer eSports betting to those who are hooked on video games This has changed in the wake of the new signed agreement. Optima has provided them with the necessary technology and in the more games will be available for betting. For the time being, players will have to settle for the most popular first person shooters, such as Counter Strike and Call of Cuty Advanced Warfare.The best MOBAs such as League of Legends and Dota 2 are also offered.
How do you register at NairaBet?
The fact that the website is translated in English and available in other languages as well makes it easier for players to sign up. Nigerian players can ask customer support specialists from their own country to help them early on and these guys happen to be very professional and friendly.
Payment options and cash out times at NairaBet
Players can use popular prepaid cards and all the established brands and also the most popular electronic wallets. These are suitable for both deposits and withdrawals and members can cash out their profits via wire transfer and Interswitch.
Nairabet is not the fastest bookmaker and online casino and the standard waiting exceeds three days. If you make a withdrawal during the weekend, then you should keep in mind that only banking days count and add 24 more hours. On the bright side, the money reaches its destination on time and in full. No commission is charged, but players can’t withdraw in excess of 5000 Naira at once, so highrollers are clearly upset.
NairaBet promo & bonus codes
There are very few promotions running live at Nairabet and in addition to the welcome bonus, players have to take advantage of occasional offers. Free spins are the ones offered most often, which is in complete accord with the high number of slot machines available. Every now and then players can recuperate their losses as the bookmaker will refund up to 25% of the money they spent.
NairaBet service and support
Nairabet has a customer support unit that is capable of offering assistance to both local players and foreigners. English is the language of choice and the one used for phone betting and players can ask for help via email and phone support. There is no live chat service yet available, but given the popularity of this feature, it could be added in a not so distant future.
What are others saying about NairaBet?
Most of the Nairabet reviews are written by Nigerian players and compare them with the service offered by other local bookmakers. Not surprisingly, they appreciate the professionalism and hold them in high regard, praise the ease of use. They also mention the reliable payment methods and diversity of sports and casino games. The absence of live streaming for sports and live dealer games is holding them back.
Nairabet is better than the vast majority of African bookmakers and a good choice for Nigerian players. They are not a serious contender for European bookmakers, as they lack the coverage and have relatively low betting limits.
Nairabet's Facebook and Twitter Profile
Nairabet has over 440 thousand likes on Facebook and more than 140 thousand followers on Twitter.
My rating of NairaBet
I signed up for an account out of pure curiosity, because I was curious how an African bookmaker would do. They managed to surprise me the right from the start with the no-frills approach and the great looking website. They’ve got a couple of exciting videos that tell their story and the gaming experience is surprisingly smooth.
It would be a mistake to compare Nairabet with the largest bookmakers and betting exchanges such as Bet365, Bovada or Sportsbet. This is an above average bookie, but definitely not a serious competitor for teh leading pack. There is plenty of room for improvement and I'll settle for a rating of 7 out of 10.