Nairabet are an innovative sports betting site that often bucks the trend, sets the pace in Nigeria and is among an elite few in the most populous city in Africa. The site offers a variety of promos and features but is not quite there when it comes to pulling it all together.
Nairabet Promotion Code
You get asked to enter a Nairabet promotion code when you register. You don’t need to do it, but if there are any discounts then this is how you get it. However in order to get the first deposit bonus, you do not need to enter the promotion code from Nairabet. It will be applied automatically.
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Nairabet.com completely radicalises the ‘refer a friend’ promotional bonus by offering a unique feature. The promotion is meant to retain a customer base for a long term period and is an interesting venture.
The bonus covers both newcomers and current players by combining the two into one featured event. Once a player has signed up and deposited funds they need to refer friends to be eligible to earn the bonus. The bonus only kicks in when the friend referred has bet on the site for three months, with the original player being credited with 50% of the newcomer’s losses over the period.
This sounds convoluted and complicated, especially when a player has referred a host of players and cannot quite keep track of all their losses, and hence their winnings. To be a part of this one-of-a-kind offer a player must use the Affiliate Bonus Code.
Other Nairabet.com promotions
In keeping in line with their progressive attitude to clients, Nairabet.com offers a glut of promotions. The site is one of the more exciting on the market at present with regard to bonuses and cover everything from start-up to daily events.
Start the new week with Nairabet’s Monday Funding Madness, with all deposits between 10 am and 10 pm earning the player a 10% bonus. Whatever the amount deposited, you will earn a ten percent increase on the amount. If a player deposits N100 000 then they will boast N110 000 in their betting account.
The Nairabet Goalless Draw Money Back promotion offers all punters placing a bet on the English Premier League a chance to recoup losses if the match ends stalemate. This promotion will only pay out if the result is 0-0.
Nairabet are intent on offering bang for your buck with zany promotions but the problem occurs when they become too complicated. The One Game Cut Your Ticket promotion offers punters a chance to win a substantial amount despite one result in an accumulator going against them. The problem lies in the amount bet, and the subsequent math regarding the pay-out. They try to explain the formula on their site under the promotions page, but I feel it will be a tad bit confusing for the general public. Their formula is based on odds calculations but I feel the math may be counter-productive. Essentially the example they use is a N100 bet earning N16 000. Remember this is only for an accumulator of ten or more bets, at odds of 1.5 up.
Nairabet offers a cash out promotion with the tag-line never lose a bet again, but this is misleading as how will they ever make money if a client is promised to never lose a bet. This misleading advertising means that a few punters will be unhappy when they do lose, as inevitably happens when you game online.
The core of this promotion lies in the fact that a bet-maker can cash out their bet at any time in the match regardless of betting on a win, loss or draw. The odds will be calculated as the action unfolds. For example if you have bet on Liverpool to beat Everton, but they are losing 3-0 at half-time, the bookmaker says you can cash out your bet and still win. I am sure the brains behind the software will explain it better than me, but a guaranteed win – sign me up any day.
The final current promotion is just as confusing, and is only applicable in tennis, table-tennis and basketball. This alone makes it intriguing but the explanation leaves plenty to be desired.
Double Your Odds on Lucky Numbers (15, 31 and 63) will somehow double your odds, but how exactly a person goes about winning is unclear, especially to first time users.
The site also offers a customer to customer transfer, with friends being able to transfer money from one betting account to another.
This could be problematic as the same person could have a host of online accounts with the site qualifying for the bonuses, but in essence all being the same bet-maker.
The virtual play and casino options are always drawcards, particularly in Nigeria and Nairabet almost delivers in this regard.
The slot options are extremely limited and punters could easily get bored with the game-play. The site offers four slot games and compared to the competition, is lacking in variety.
There is the obligatory Keno, Bingo and Roulette but that is about it in the casino section. The site is big on innovations and promotions but is lacking somewhat in execution of a game-plan in running the actual site. Nairabet is full of promise, and promises to fulfil but somehow it needs plenty of work.
How to deposit and withdraw
Nairabet clients, new and old can make deposits through bank, Nairabet agents and through MasterCard or Visa. Pay-outs can be processed in ATM’s around the country.
To bet through a Nairabet agent, go to the landing page, www.nairabet.com and under the deposit page all lists of agents will be provided. Interswitch WebPay is another deposit means and clients can use online apps or ATM’s.
Go to the site and click on deposits link and the prompt will ask you to click on the Pay with Your Card option. Nairabet offers the following banks as payment partners: First Bank, FCMB, UBA, Union Bank, Stanbic Bank, Ecobank, Access Bank, Fidelity Bank and Sterkling Bank.
Nairabet offers only one withdrawal means and that is to request a withdrawal through Bank Transfer. This can be done online by logging in clicking on pay-outs link. The site states a waiting period of between one and two days, so be patient.