NairaBet

Nairabet, founded by Akin Alabi and licensed by LSLB & NLRC. NGN deposits, partial cash-out, 24/7 support, and a 100% bonus up to ₦50,000.

NairaBet Nigeria

ParameterNairabet NG
Launch Year2009
FounderAkin Alabi
Licensing & Regulation– Lagos State Lotteries Board (LSLB)
– National Lottery Regulatory Commission (NLRC)
Primary CurrencyNigerian Naira (NGN)
Payment MethodsBank Transfer: Instant to 24 hrs (deposits); 1–3 days (withdrawals)
Credit/Debit Cards: Usually instant (deposits); 1–2 days (withdrawals)
QuickTeller, Paystack: Instant
Minimum Deposit₦100
Welcome Bonus100% bonus up to ₦50,000
Other PromotionsRefer-a-Friend: ₦1,000 or more for each successful referral
Seasonal/ Event-Based: Bonuses around major tournaments (World Cup, UCL)
Loyalty Rewards: Periodic free bets/cashback
Mobile OptionsAndroid App (.apk) from official site
Mobile-Responsive Website (for iOS and others)
Customer Support ChannelsLive Chat (website)
Phone: 0700-NAIRABET (0700-62472238)
Social Media: Twitter (@NairaBET), Facebook

Quick Overview

CriteriaDetails
Launch Year2009
FounderAkin Alabi
Regulatory AuthorityLagos State Lotteries Board, National Lottery Regulatory Commission
Core ServicesSports Betting, Virtual Games, Online Casino
Primary CurrencyNigerian Naira (NGN)

Operating under the Lagos State Lotteries Board (LSLB) license and regulated by the National Lottery Regulatory Commission (NLRC), Nairabet adheres to Nigeria’s strict gambling laws.

Regulatory BodyJurisdictionCompliance Highlights
Lagos State Lotteries Board (LSLB)Lagos State, NigeriaEnsures local operational legality
National Lottery Regulatory Commission (NLRC)Federal regulationPromotes fair play, monitors compliance

Nairabet Bonuses & Promotions

Nairabet has various promotions tailored to both new and existing users.

Nairabet Welcome Bonus:

  • Offer: 100% first deposit bonus up to ₦50,000
  • Minimum Deposit: ₦100
  • Wagering Requirements: 5x the bonus amount
  • Minimum Odds Requirement: 1.20 per single selection (check updated T&Cs for any changes)
  • Validity: 30 days from the date of registration

Nairabet Refer-a-Friend Bonus:

  • Offer: Earn a fixed cash reward (e.g., ₦1,000) per successful referral
  • Requirements:
    • Your referred friend must register using your unique referral link
    • They must deposit a minimum of ₦100 and place bets meeting the promotional criteria

Seasonal or Event-Based Promotions:

  • Festive Specials: Cash bonuses, free bets, or odds boosts around holidays or major sporting events (World Cup, AFCON, Premier League matches, etc.)
  • Loyalty Program: Some bettors receive weekly or monthly cashback, free bets, or enhanced odds based on their betting volume.

Nairabet Payment Methods and Transaction

Nairabet focuses on Nigerian Naira (NGN) transactions and supports various local payment channels to make deposits and withdrawals.

MethodDeposit ProcessWithdrawal ProcessFeesMinimum DepositWithdrawal Timeline
Bank TransferInstant – 15 min (depending on bank)1 – 3 business daysUsually None (bank-specific)₦1001 – 3 days
Credit/Debit CardInstant1 – 2 business daysMay vary (often low)₦1001 – 2 days
QuickTellerInstant1 – 2 business daysSmall service charge₦1001 – 2 days
PaystackInstant1 – 2 business daysService fee depends on usage₦1001 – 2 days
USSDInstant (depending on network)Not typically used for withdrawalsNetwork-specific charges₦50 – ₦100N/A

Nairabet Mobile App

Nairabet app:

  1. Android App (.apk)
    1. Downloadable directly from the official Nairabet site (not usually on Google Play Store due to betting restrictions).
    2. Offers push notifications for live matches, bonus offers, and special events.
  2. iOS & Other Devices
    1. No official iOS app at this time. Users can place bets via the mobile-responsive site on Safari (iPhone/iPad).

Customer Service at Nairabet

Nairabet’s customer support aims to assist users promptly via multiple channels:

  1. Live Chat:
    • Located on the official website
    • Best for quick queries and real-time assistance
  2. Email Support:
    • Commonly [email protected] or a similar dedicated support email (check the platform for any updates)
    • Ideal for more detailed inquiries or account-related issues
  3. Phone Support:
    • 0700-NAIRABET (0700-62472238) (subject to change)
    • Typically operational during standard business hours (9 AM – 9 PM)
  4. Social Media:
    • Twitter: @NairaBET
    • Facebook: facebook.com/NairaBET
    • Fast for general announcements and quick public responses