NairaBet
Payouts: within 24 hours with Bank transfer. Not licensed in United States.
NairaBet is a Nigerian bookmaker licensed by the National Lottery Regulatory Commission, with retail roots it says date back 15 years. Its Altenar sportsbook covers 26 sports plus e-sports and virtuals; deposits via Paystack, OPay, PalmPay and others, withdrawals to Nigerian bank accounts.
Sister bookies 247Bet, All British Casino, Apuesta Total +9
Pros and cons
Pros
- Licensed by Nigeria's National Lottery Regulatory Commission
- Altenar sportsbook with 26 sports, live bettingLive bettingBetting while the event is already under way. Odds move with every goal, card or point. In the glossary →, e-sports and virtuals
- FAQ: most withdrawals processed within 2 minutes to 3 hours, max 24 hours
- Low minimums: ₦100 deposit, ₦1,000 withdrawal
- 'One Game Cut': 10% cashback when an accumulatorParlayOne bet that links several picks. Their odds multiply, so the price climbs fast, but every pick has to win or the whole bet loses. In the glossary → misses by one selection
Cons
- Not on the Lagos LSLGA licensed-operator list (checked 30 Oct 2026)
- Licence number not shown on the site
- No welcome offerWelcome offerThe bonus a bookmaker gives new customers, often free bets or a match on the first deposit. Always read the wagering, minimum odds and expiry first. In the glossary → listed on the promotions page
- Withdrawals only to a Nigerian bank account after full KYCKYCThe identity checks a licensed bookmaker must run: who you are, your age and where your money comes from. In the glossary →
- No deposit limitDeposit limitA cap you set on how much you can deposit per day, week or month. Lowering it takes effect at once; raising it usually means a waiting period. In the glossary → or time-out tools described on its responsible gambling page
Trust Score 5.3
Worked out the same way for every bookmaker, from the facts on this page. Some checks are still pending; until they are done they count low, so missing facts never lift a score.
- Licence6.0 NLRC
- Payout speed8.0 Within 24 hours with Bank transfer
- Payment choice5.0 2 of 5 kinds: bank, local methods
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Bonus terms–
Not checked yet.
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Betting features–
Not checked yet: counts as 2.0 until it is.
- Safer gambling2.0 Self-exclusion
Paid placement never changes a score. How we score
Features
Products
- Casino: yes
- Live casino: yes
- Esports: yes
- Virtual sports: yes
Betting
- Live betting: yes
Safer gambling
- Self-exclusion: yes
Not checked yet: Poker, Live streaming, Cash out, Bet builder, iOS app, Android app, Crypto payments, Deposit limits, Time-out
Countries
NairaBet operates in 1 country.
Available in these countries1
Nigeria
Company and licences
- Licences
- National Lottery Regulatory Commission (Nigeria)
- Platform
- Altenar
Sister bookies
Bookmakers with the same owner or the same betting platform as NairaBet. Same platform often means the same odds and similar terms.
- 247Bet Not available in the United States
- All British Casino Not available in the United States
- Apuesta Total Not available in the United States
- Apuesto Not available in the United States
- Atlantic City Casino & Sports Not available in the United States
- BetBeast Not available in the United States
- BetCrown Not available in the United States
- BETKING (Ukraine) Not available in the United States
- Betnero Not available in the United States
- Betovo Not available in the United States
- BetRiot Not available in the United States
- Betsur Not available in the United States