NaijaBet Review

5.0 rating

Guess how much money NaijaBet makes online

₦65M

In Net Profit

258.5K

Unique Bets Accepted

₦2.8M

In Net Profit

11.2K

Unique Bets Accepted

₦235.2K

In Net Profit

906

Unique Bets Accepted

NaijaBet Online Market share

NaijaBet’s current market share is holding steady at 0,55%.

With more attention to the innovations of the industry – like live streaming and increased sports to bet on – as well as customer attraction and retention such as a welcome bonus, we believe that NaijaBet could increase their market share in the future.

Annual Online Profit

The annual profits earned by Naijabet is 66,5M.

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Number of Internet Players

NaijaBet currently hosts 94,2K players total.

Licensing

NaijaBet holds a license that has been issued by the National Lottery Regulatory Commission, and they also have a license from the Lagos State Lotteries Board.

The rules governing the licensing of online casinos and bet shops state that the operating company only needs one license to launch in Nigeria. The license can come from the state authority in which the company has their headquarters, or the National Lottery Regulatory Commission of Nigeria. However, it is also acceptable to hold both licenses, and indeed, this is one way to show its players that NaijaBet is a legitimate operation. At the very least it reveals that the company had enough capital to pay the fees for applying to the authorities.

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These authorities have vastly improved their processes in recent years, and with frequent inspection and renewal it is possible to have a license revoked if the casino no longer meets the proper requirements. So please check often to ensure that the casino you want to play at is a current license holder.

NaijaBet Welcome Bonus

Shockingly, NaijaBet does not offer any welcome bonus at all. This is a failing in an otherwise very will put together site. Honestly, we are not sure why this casino does not have a welcome bonus, which is widely considered to be a standard promotion.

NaijaBet Mobile

NaijaBet has created apps for iOS and Android devices. Both apps have the full functionality of the main website. They provide constant updates on games and are fully integrated. You can also go straight to their website and it will adjust itself to fit your screen. Either way is just as good with NaijaBet.

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NaijaBet History

NaijaBet is a newcomer to the online casino market. Launched in 2016, it has become one of the better sportsbooks in Nigeria. It offers betting on sports, virtual sports, slots machines and table games.

With sports, there are 21 different ones to bet on. It is also possible to bet on chess or politics at NaijaBet. The majority of their betting markets do skew to football. On any given Premier League game, there will be over 250 things you can bet on.

Live betting also gives players the option to place wagers on who will get the first goal, who will get the first foul, and dozens of other minor events that you can predict at NaijaBet.

NaijaBet does not have a live streaming service. That said, their site is constantly updated, so this may be something they add in the future.

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