Home » Betfair – The Giant Accepts Nigerian Players
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  • Cash-out Option

Betfair first opened its doors to the public back in 2000 and they quickly went on to make a name for themselves amongst the sports betting sites. The reason why they have become so popular is that they are happy to accept players from a range of different countries, Nigeria included. This review will reveal everything that you could possibly want to know about Betfair.


A Quick Presentation of Betfair

In the table below you will be able to find a brief summary of this bookmaker.

Sports Betting Soccer, cricket, rugby union, athletics, mixed martial arts, tennis, boxing, basketball, golf, motor sports
Welcome bonus Free $30 exchange bet
Bonus conditions Must place bets with odds of at least 1.5
Max Bonus $30 (11,000 Naira)
Payment Methods Credit cards, debit cards, Neteller, Skrill, ClickandBuy
Min. Deposit N500
Services Live streaming, live scores, cash out, responsible gaming
Products Sportsbook, casino, poker, arcade, bingo, virtual sports
Licence United Kingdom Gambling Commission and the Malta Gaming Authority
Last update

How to Register at Betfair

When you find a new bookmaker that you think looks exactly what you are looking for and you are thinking of creating an account with them, you will obviously be hoping that the registration process is quick and relatively straightforward.

We all lead busy lives nowadays and the last thing that we need or want is to have to sit there for thirty minutes inputting details so that we can open up an account. Therefore, you will be glad to know that opening up an account with Betfair is a process that can be completed in a matter of minutes.

Below we have highlighted the steps that you will need to go through if you want to open up a Betfair account.

  1. Enter their website and click on the black “Join Now” button that can be located at the top right of your screen.
  2. A form will then pop up where you have to select your gender, enter your first and last name, your date of birth, the country where you are residing, and your mobile number.
  3. You will then have to enter your email address, select a password and a security question and answer. After this, you have to select what currency you want to use and whether you want to have a deposit limit or not.
  4. Once you have done all this and are sure that you have inputted all of the correct information, click on the yellow “Join Now” button and you will now have a Betfair Nigeria account.

N.B. Betfair does not accept Nigerian Naira at this current moment in time, so if you create an account with them, you will have to use a different currency. When you are using different currencies, you should always remember to keep an eye on the conversion rates so that you do not spend more than you would like.

Is Betfair Legal in Nigeria?

When you find a new sportsbook that you do not know much about, the first thing that you should find out is whether they are legal and secure.

You will be thankful to hear that Betfair is completely legal in Nigeria and that they are fair and secure. They are regulated by the United Kingdom Gambling Commission and the Malta Gaming Authority, who are two of the most respected gaming authorities in the gambling world.

When it comes to security, you can be certain that all of your personal and banking information is completely safe as they make use of the best encryption technology that money can buy. This means that you will not have to experience a scenario where you sign in to your account one evening and find that your Betfair account no longer has any money in it. Betfair cares about their customers, which is the reason why they spend a lot of time and money to ensure that every single customer is safe when they are betting on their site.

The Sports Betting Catalogue: List of Available Sports

When we create an account with a sportsbook it is obviously because we want to place some bets on sports. Therefore, one thing that we should always take a look at before we go through with the registration process is the sports that are available to bet on.

Well, when compared to other sportsbooks that are open for those living in Nigeria, Betfair is at the top of the list as they offer no fewer than 29 different sports.
Below we have provided you with a list of some of the sports that you will be able to find at Betfair:

• Soccer
• Cricket
• Athletics
• Rugby Union
• American Football
• Mixed Martial Arts
• Tennis
• Basketball
• Boxing
• Golf
• Horse Racing
• Handball
• Motor Sports
• Greyhound Racing

A quick browse through their website will reveal to you that they have quite competitive odds, but they are not as good as some of their other competitors. However, they do not have the worst odds around, so it is not something that should put you off from creating an account with them.

Can You Bet on eSports?

Some people like betting on sports, while others enjoy betting on eSports. Some, of course, enjoy betting on both. Sportsbooks are more than aware of this fact, which is why more and more of them have opened up eSports betting markets for their customers.

If you are the type of person that loves to bet on eSports, then you will be happy to hear that Betfair has an eSports betting market. Here you will be able to bet on all of the best eSports around such as League of Legends, Call of Duty, DOTA, and CS: GO.

There is not a huge variety of different markets, but you will still be able to bet on markets such as match or tournament winner and which team will win the map and so on. That is better than anything in our opinion.

Does Betfair Provide a Good Variety of Sports Betting Markets?

So, we already know that there are all the sports that you could possibly want at Betfair, but not all of these sports have the same number of markets available. Which sport has the most?
Well, like with most sportsbooks that are available to Nigerians, you will find that football is the sport that has the most markets available. This should come as no surprise to you since soccer is the most popular sport in the world, meaning that it is the sport that people bet on the most.

When you are betting on soccer, you will be able to bet on games from the world’s most popular leagues. This includes Germany’s Bundesliga, England’s Premier League and Championship, France’s Ligue Un, Italy’s Serie A, and Spain’s La Liga. Of course, you will also be able to bet on popular tournaments such as the Champions League, Europa League, the Euros, and the World Cup. If this was not enough for you, then you will be able to find markets for football leagues from more than thirty other different countries. In short, there is absolutely everything that a football betting fan could ask for.

Below we have decided to give you a taste of some of the markets that you will be able to choose from when you are betting on soccer.

• The match winner
• Whether a game will be drawn
• The team that wins the trophy
• If both teams will score
• The team that scores the first goal
• The team that scores the last goal
• The exact score at half-time and at full-time
• Will the number of goals scored be even or odd?
• Will one team get a clean sheet?

As we said, this is just a tiny selection of football markets that you can decide to bet on. We put them here to give you a bit of a taster. If you want to find out about the other soccer markets that are available, just spend a few minutes on the soccer section of their website.

If you are not a soccer fan, then you will still be able to find a good variety of markets for all the other sports that are available. In other words, whatever sport you are a fan of, you will find enough to keep you entertained at Betfair.

The Bonuses That Are Available at Betfair

So, what type of Welcome Bonus will you receive if you decide to open an account with Betfair? Well, you will not receive a Welcome Bonus until you have placed your first bet with them. Below we have gone into more detail about this Welcome Bonus and what you need to do to get it.

How to Enjoy the Betfair Welcome Bonus of $30

To start with, it is important to remind you that a person can only take advantage of this offer if you have just opened up a new account and if you have not previously had a Betfair account. In other words, this is an offer that everyone can only take advantage of one time. Furthermore, you have to deposit money using a debit or credit card – if you use another method of payment, you will not qualify for the Welcome Bonus.

So, what do you have to do to get this offer? Well, to start with, when you open an account you will need to add the promotional code “EXCN20”. Once you do this, you will have 30 days to place a $30 bet (the bet has to be settled in this time frame too). If your $30 dollar bet goes on to be a losing one, then Betfair will give you your $30 back. If you are lucky and it is a winning one, then you get to keep the money the profit that you have made. If you are a winner, you will find the money in your account within 3 days.

The Advantages of Starting with the Betfair Bonus

The great thing about this type of bonus is that you are not risking any of your own money when you make your first bet at Betfair. If you lose, you get your $30 back. If you win, you get a nice profit. It is a win-win situation at the end of the day. Since you cannot really lose any money, our recommendation to you is that you make a somewhat risky bet as this means that you will win more should your bet come true.

What Are the Bonus Conditions Put Forward by Betfair?

With this Welcome Bonus from Betfair, there are no wagering requirements as it is not your average type of Welcome Bonus. They are simply returning to you the money that you lost. However, your $30 bet must have odds of at least 1.50 in order for you to qualify.

Does Betfair Offer Free Bets?

The welcome offer is a type of free bet because you have nothing to lose. However, once you have used up this Welcome Bonus, will you get other free bets? The answer to this is yes. Sportsbooks know that treating their customers well is the key to success – if a sportsbook does not give out regular free bets and other promotions, then they run the risk of their customers closing their accounts and taking their custom somewhere else.

When you are playing at Betfair, you will be given free bets every now and then. But what about other promotions? Well, they will sometimes give you betting insurances and price boosts as well.

Does the Bookmaker Provide a Loyalty Program?

So, if you open an account with Betfair, will there be a loyalty program that you can take advantage of? Well, there is no loyalty program as such as loyalty programs are things that you are more likely to find at an online casino. However, at the moment of writing this review, they do have a loyalty promotion running.

What is this? Well, if you stake $15 or more from Monday to Sunday, you will be credited with $5 the following Monday. You must spend this $5 within 2 days, or it will be forfeited. Furthermore, it must be noted that you will not be able to withdraw the $5, but any winnings that you make while using it can certainly be withdrawn. To qualify for this $5, you need to choose 3 or more selections and have combined odds that that higher than 4.00.

Payment Methods at Betfair

When you have created an account at a sportsbook, the next thing that you have to do is deposit some money into your account so that you can start betting. It is always good if there are a good variety of banking options available as this means that you can choose the one you are most familiar with, which means you lower the risk of accidentally depositing more cash than you really wanted.

So, what deposit and withdrawal options are made available to a Nigerian who has a Betfair account? You can find out in the table below.

Deposit Methods

Withdrawal Methods














Bank Transfer

Western Union


Bank Transfer



N.B. The minimum deposit amount for this sportsbook is $10, and if you use a credit card or a bank transfer then you will be charged a fee. For the former you will be charged 15%, while for the latter you will need to ask you bank what the charges will be.

What Are the Recommended Payment Methods for Nigeria?

If you live in Nigeria, then all of the payment options that we have mentioned above are good for you. No matter which option you go for, you should have no issues. If you do have issues, then you should contact a member of their customer care team. You can find out more about their customer service below.

How Long Does It Take to Withdraw from Betfair

Well, like with all sportsbooks, it depends on the withdrawal option that you have chosen to use. For instance, if you use a credit or debit card, then you will have to wait anywhere between 2-3 working days. If you opt for Moneybookers, Neteller, or Skrill, then you should see your withdrawn money in your account within 24 hours. If you decide that a bank transfer is the best method of withdrawal for you, then you will need to wait 3-5 working days before you get your money.

What about fees? Well, you will be happy to find out that there are no extra fees, no matter what withdrawal method you decide to use.

The Betfair Mobile Application for Betfair Nigeria

People love to place bets using their mobile devices, there is no secret about this. Mobile gambling has become extremely popular due to the fact that it gives us the chance to gamble wherever we are, so long as we have access to a mobile device and a decent Internet connection.

Some sportsbook sites develop an app that customers can download to their mobile devices to improve their gambling experience. Mobile apps are great as they are faster than mobile websites. If you have an account with Betfair, you will be pleased to know that they have created an app that works on Android, Windows, and iOS devices. We highly recommend that you take the time to download it.

How to Download the Betfair App

Downloading the app could not be any easier. All you have to do is go on the Apple, or Windows Store and search for it in the search bar. You then simply have to click on download and the app will be downloaded to your mobile device in a matter of minutes.

When it comes to Android devices, you will have to download the app directly from their mobile site as Google Play Store is against gambling, so they do not provide gambling apps.

How to Use the Betfair App?

Making an app that is tricky to use would be counterproductive as the word would get about and people would stop downloading it. Apps are not cheap to create, so the creators will obviously want as many people downloading it as possible. Therefore, you can be certain that the Betfair app is easy to use – once you have opened it up for the first time, you will get to grips with it in a matter of minutes. When you are using this app, you will have the same fantastic gambling experience that you would have if you decided to play on a desktop device.

Betfair Mobile is a Credible Alternative

If you have no space on your mobile device, or if you simply do not feel like downloading the app, then their online mobile site is a great alternative. It is pleasing on the eye and you will not have any difficulties when it comes to navigating – two things that are very important.

If you want a great mobile gambling experience, then there are two things that you need – a decent mobile device and a good Internet connection. If there is a game that you would like to bet on, but you are out and do not have a good enough Wi-Fi connection, you should consider using your data. This site does not use a lot of data, so you do not need to worry about losing a lot of your data.

How Do I Bet on Betfair Mobile?

When you are placing a bet on their mobile site, is the betting formulating process different to if you were betting on a desktop device? The answer is a resounding no. The process will remain exactly the same, no matter what you are betting on – desktop, app, or mobile site.

All you need to do is choose your bet, choose your stake, and then click on submit.

The Services Offered at Betfair

Live streaming, the option to cash out, live scores, and responsible gambling are features that customers have a look at before they make a decision about whether they will sign up or not. Below we look at these factors in relation to this particular bookmaker.

Live Streaming

The option to watch live streams is something that most players love as it means that they can place a bet on that game and then watch the action unfold. This is something that helps add to the excitement. You will be happy to hear that you will be able to find live streaming at this bookmaker. To add to this, you will also be able to take a look at all of the latest live stats – these come in handy when you are formulating a bet.

Live Scores

If a sportsbook is slow at updating all of their live scores, then it is one that you should probably avoid. Thankfully, Betfair is a bookie that is not slow to update their site. You will find all of the latest live scores here, which is handy when you want to make a live bet.

Cashing Out

Bookmakers know that things can change quite quickly in the sporting world, so the majority of bookmakers make sure that the customers have the option of cashing out. What this means is that they will offer you money that you can claim before your bet has concluded. So, if you are winning a bet, but think one team might let you down, you can claim what they are offering you so that you end up walking away with nothing.

Does Betfair give you a cash out option? Of course, they do.

Responsible Gambling

There are people out there who believe that bookmakers and online casinos are only interested in one thing – taking money from their customers. While there are undoubtedly some out there like this, it is not correct to tar everyone with the same brush.

Betfair, for example, do care about their customers’ well-being, which is why they have responsible gaming features that customers can use if they think that they are developing a gambling issue.
For example, customers have the option of placing a deposit or loss limit or excluding themselves from their account for a set period of time. Once a self-exclusion period has been set, you will only be allowed access to your account when the time set has passed. These are not features that sportsbook would have if they only cared about taking peoples’ money.

Is The Customer Service Any Good?

When it comes down to their customer support, it is fair to say that they leave a bit to be desired when it comes to their response times.

How to Contact Betfair

You can contact a support agent 24/7 using live chat, email, telephone or their social media pages (which is a great variety of options), but many people complain that they take too long to reply, which is never good. We hope that they will rectify this in the near future.

How Can I Complete Betfair Account Verification?

Nowadays, there are a lot of fraudsters about, so Betfair, like all gambling providers, are required to verify all of their customers. Until your account is verified, you will not be able to withdraw money and your account will be suspended if it has still not been verified 2 weeks after you have opened it.

Betfair will try to verify your account automatically, but if they cannot do so, then they will let you know via email and will ask you to send them a clear photo of one of the following to verify your identity:

• Driving license
• Passport
• Citizenship certificate
• ID card

They will then ask you to send them one of the following so that they can verify your address:

• Bank statement
• Utility bill

Please note that it is important that these documents are not older than 6 months.

Betfair Account Closure

If, for whatever reason, you would like to close your account, you can do so by getting in touch with one of the customer support agents. They will probably ask you a few questions so that they can try to improve their services for their remaining customers.

Do They Have a Casino?

There is a casino on offer too, which is great for when you want to take a break from betting on sports. If you join their casino, you will be able to choose from a range of slots and from popular casino table games such as roulette, poker, Sic Bo, and blackjack.

Furthermore, the casino has its own Welcome Bonus – if you sign up, you will be able to claim 30 free spins on Kingdoms Rise™.

Why Open an Account with Betfair?

If you are in Nigeria and you are after a bookmaker to join that will give you a great sports betting experience, then we recommend that you think about opening an account with Betfair.
Soccer is the dominant sport here, but there are plenty of other sports markets available to those who do not like football. The Welcome Bonus is decent as it gives you a $30 free bet, to begin with. Furthermore, the mobile app and the mobile site allows for a great gambling experience when you are not at home.

One thing that we think they could improve on though is their customer support as they are known for being a bit slow when it comes to replying to queries and issues. Furthermore, the odds that they provide are not as good as their competitors – but they are not that low that it is a bad idea to join them.





Great mobile app and mobile site

Customer support is a bit slow

Good variety of sports and markets

The odds are not as good as their competitors

A decent Welcome Bonus

FAQs of Betfair

Below are the common FAQs that people ask regularly about Betfair.

Is it legal to bet on Betfair in Nigeria

When people come across a new sportsbook, they want to know that they are playing legally. Betfair is a respected sportsbook all over the world and it is regulated by the UK Gambling Commission and the Malta Gaming Authority, so it is definitely legal in Nigeria.

How to get one free bet or bonus?

If you bet regularly throughout the week, you will be given a free $5 bet on the following Monday. To get this you must spend at least $15 on an accumulator with 3 bets and odds of 4.00 or higher.

Does the bookmaker accept local money?

Betfair is based in the United Kingdom, so they unfortunately do not accept Nigerian naira. Therefore, you will have to use another currency such as American dollars.

What is the minimum deposit and withdrawal?

The minimum deposit is $10, while the minimum withdrawal amount will depend on what method you are using. If you use a debit card, credit card, or Moneybookers, for example, there is no minimum withdrawal. However, Neteller has a $2 withdrawal limit, while a bank transfer has a $10 withdrawal limit.

Can I bet directly on my Mobile?

Yes, you can, and you have the option of downloading their app or using their mobile site. When you are using a mobile device, whether that is a tablet or a smartphone, you will be able to do everything that you can do on a desktop device.

3.8 rating