Betano Nigeria Review 2024

4.05 /5.0 Betano
Funds withdrawal Up to 2 hours
Payment methods
Mastercard Visa Verve  Paystack
Visit site
Pros
  • Excellent sports betting library
  • Local payment methods supported
  • A vast array of casino offerings
  • Top sports betting odds
  • iOS and Android mobile applications
  • Massive welcome bonus and several other promotions
Cons
  • Poor live-streaming options

Common information about the bookmaker

📅 Founded in
2016
🚩Headquarters
Victoria Island, eti-osa, Lagos state
📄 License
National Lottery Regulatory Commission №0001085
Languages
EN, CZ, PT, GE, BG, SP
Payment methods
Mastercard, Visa, Verve, Paystack
Funds withdrawal
Up to 2 hours
Can play from
BR NG TZ CZ BG DE PT RO MT
Chat
✔️ Yes

Every now and then, bookmakers pop up with enticing offers and promises of great betting experiences. However, only a few manage to capture the hearts of thousands of bettors as quickly as Betano. The Betano brand is not new to the sports betting scene and has been a prominent name in South America and Europe where they sponsor popular teams like Fluminense and Benfica Nevertheless, it wasn't until early 2023 that the sportsbook became fully licensed to operate in Nigeria.

But in less than a year, Betano is already making serious waves among Nigerian bettors. Hundreds around the country are commending its intuitive platform, numerous betting opportunities, great odds, and the availability of local payment methods like Opay and Verve cards. In addition to over 20 sports, including a chance to bet on politics and entertainment contests, Betano also boasts a rich casino library with dozens of slots, RNG offerings, live dealer titles, and crash games.

In this Betano review, you'll learn everything about this bookmaker and why you should consider making it your number-one betting platform.

Brief Overview of Betano

Websitehttps://betano.ng/
Founded in2023
Licence HolderNational Lottery Regulatory Commission (NRLC)
Address6th floor Landmark towers, 5b, water corporation road, Victoria Island, eti-osa, Lagos state.
LanguagesEnglish
Payment methodsMasterCard, Visa, Verve, Paystack, Bank Transfer, Monnify Opay, USSD
CurrenciesNaira
Min. Bet₦100
Mobile AppAndroid and iOS
SportsBasketball, American football, soccer, handball, ice hockey, rugby, boxing, snooker, cricket, chess, tennis, darts.
ServicesEarly Payout, SuperOdds

Our Assessment of Betano

When reviewing bookmakers, we consider several factors, including security, license, sports offerings, payment systems, and available promotional packages.

The quality of the site's customer service is also important because players should be able to get help whenever possible. We cover all these parameters and more in this detailed review. Overall, Betano is a very reliable betting platform and gets an 8.5/10 rating from us.

Promotional Offers of Betano

As a new bookmaker, one of the best ways to stand out and attract new bettors is by offering elite promotional packages. Fortunately, Betano Nigeria understands this and has stocked up its bonus page with different amazing offers, including a welcome bonus that's big enough to excite any player.

The best thing about it all is that you don't need a Betano promo code to claim any offer; just create an account and start enjoying them. Here are the available bonuses in this sportsbook.

New Player Welcome Bonus

This is where Betano shines the most. Some might even argue that the quality of their bonus offer has been pivotal to their recent surge in popularity. After creating a new account, there's a 100% match bonus up to ₦200,000 you can claim on your first deposit.

The claiming process is simple. Register a fresh account and head to the deposit section. ChooseSports Betting First Deposit Bonus from the menu and proceed to fund your account using any convenient method. The bonus funds will be credited to your account immediately after the deposit is confirmed.

You can activate the Betano bonus with as little as ₦100. However, you must wager the amount at least 10 times on any sports or virtual sports event. Also, all sports picks with the Betano sign up bonus funds as a stake must have odds of no less than 3.00. The turnover requirement must be completed within 30 days of claiming.

Welcome Bonus

Early Payout Offers

Early Payout offers are special promotions that let you collect your winnings before the final whistle is blown. Betano offers early payout promos for different sports, including soccer, tennis, ice hockey, baseball, basketball, and American football.

For example, with the early payout football offer, you get your payout for a football bet when the team you backed to win goes two goals ahead anytime in the game. If you placed a full-time market bet on Manchester City to defeat Arsenal and they go two goals up in the first ten minutes, you get returns for that bet even if Arsenal come back to win or draw.

The offer varies by sport. For basketball, it's a 20-point lead, hockey is a 3-goal lead; American football is 17 points, while your baseball team will need to lead by 5 runs for you to get an early payout. It's a bit different in tennis, but still simple to understand. If the player you backed wins 6-0 or 6-1 in the first set, you win!

Accumulator Boost

Do you enjoy placing multi-bets on football, tennis, and basketball events? Get rewarded with up to a 70% boost on your winnings when you bet on Betano. The percentage differs based on the number of selections in your bet slip. You can claim up to 3% for a double bet on tennis and basketball and a whopping 70% on a 14-fold football acca bet.

The total bonus amount that you can win is ₦50,000,000, and each selection must have odds of 1.2 or more.

Loyalty Programme

During our review, we didn't find any loyalty or VIP programs on this bookmaker's platform. This is hardly surprising when you consider that the bookmaker has barely spent a year in the Nigerian sports betting sphere.

All Betano bonus

Sign-up at Betano

In order to enjoy the multiple promotional offers, diverse markets, and amazing odds available at Betano, you must first create an account. Fortunately, the sportsbook has a very straightforward registration procedure. Here's how you do it.

  • Visit the Betano site on your desktop or mobile device. You can also download the app for a more personal experience.
  • Click on the orange Register button at the far right corner of the homepage
  • On the Betano Registration Page, you'll find three options. You can create an account by linking your Google or Facebook account, or you can proceed with your email.
  • Whichever option you choose, you'll still be required to enter personal details like full name, email address, date of birth, and phone number.
  • You can then choose a username and password before finalizing the registration.
Sign-up at Betano

Account Verification

After entering all your details in the registration phase, you'll be required to verify your mobile number via a 4-digit OTP code before your account is activated. This is the only form of authorization required to start enjoying the bookmaker’s amazing features.

Nevertheless, you might be requested at any time to upload your verification documents to the Account page. Your NIN slip, Passport, Voter's Card, or Driver's License should be enough to complete this verification process. Please note this is only on request, and the initial OTP authorization is all you need to get started.

Account Management

The Profile Tab is a dedicated section for account management. You can easily access it from the overview menu or Explore tab. There, you can edit Betano login details like your password, set daily, weekly, monthly, and yearly deposit limits, and further verify your account.

You can also view past transactions, your current balance, fund your betting account, and withdraw money. If you have any open bets or want to view settled ones, this is also the place to go.

Betano Official Site

The Betano online betting site has everything you want in a bookmaker. From a simple yet captivating theme to easily accessible menus, betting on the official site is a breeze. The homepage is where you'll find odds and markets on popular tournaments. You can view your bet slip and the available promotions on the right. The menu option is at the top of the screen, and here are the major sections of the site.

Betano Official Site

Casino

A quick glance through Betano's casino section shows that they put just as much effort into developing it as their sportsbook. While reviewing the platform, we found over 3000 slots from renowned software providers like Playtech, iSoftGames, Pragmatic Play, and Spribe. The site even offers a host of exclusive titles plus branded games like Betano Bonanza, Hot, and Plinko.

Another area we were really impressed with was the jackpot offerings. There are 60 mega jackpots available on the platform, with the biggest being the Playtech Jackpot, which has accumulated over ₦800 million! There's also a special section for crash games like Aviator, Jet Lucky, and Cash Plane, which have gained massive popularity among Nigerian casino enthusiasts in recent years.

Fans of RNG table games are also in for an amazing time, with over 70 titles covering classics like roulette, video poker, blackjack, teen patti, baccarat, hi-lo, and keno. The same goes for live casino lovers who have a special page dedicated to them. The live dealer categories are truly detailed. You can find your favourite providers, game types, game shows, table limits, and even dealers! It's a mesmerizing experience and definitely one you should go for.

eSports

The world of competitive gaming is ablaze! Fandoms are growing bigger, and viewership records are being broken every day. This has led to an increase in sponsorships and the size of tournament rewards. All these factors have combined to make eSports betting one of the hottest new trends. At Betano, you can enjoy extensive eSports markets that cover games like Call of Duty, DOTA 2, eFootball, Valorant, Counter-Strike, and several more.

The sportsbook also offers live markets on these eSports events as well as detailed stats so you can keep up with the game.

Live Betting

You can elevate your betting experience by placing live wagers. The Betano live section can be accessed from the homepage by clicking the lightning button. You'll then find thousands of live betting options across major sports like football, tennis, ice hockey, volleyball, table tennis, snooker, and many more.

Whether you're looking to back an underdog to a comeback in the second half of a Champions League knockout tie or take advantage of a momentum switch in a tennis game, you'll definitely find markets at this sportsbook. The live events also come with modern betting features like match trackers, live stats updates, cash out, and early payout. Plus, there's a mobile app that lets you keep track of your bets wherever you are.

Broadcast

You'll be disappointed to know that Betano doesn't have quality live-streaming options. While there's a live calendar, we couldn't find any broadcasts on the platform even from eSports. Some players who've been on the sportsbook for a while confirm having enjoyed broadcasts at certain periods. However, they also mentioned that the streams weren't frequent, and even the available ones were from domestic or less popular leagues.

Betano Sports Betting

There are over 20 sports to bet on in this sportsbook. Let's explore some of the major ones.

Tennis

Tennis is one of the few sports in the world that don't have an off-season. No matter the time of the year, there's always a tennis tournament you can watch and place bets on. At Betano, you'll find odds on popular events like the Grand Slam and ITF Men/Women Championships. You can also wager on various ATP, WTA, and Challenger matchups. From the intense Women's Doubles in San Diego to the classic ATP Acapulco Men's matchup, it's all there.

Football

Football is the most followed sport in Nigeria. Every week, millions of fans around the country tune in to watch their favourite teams battle it out. This bookmaker is your one stop destination for anything football. If you enjoy betting on popular competitions like the EUROS, UEFA Champions League, English Premier League, and Spanish La Liga, the popular section is there for you.

If you also prefer spreading your betting wings, Betano is home to markets from over 50 domestic leagues worldwide. Whether it's a team in the Nigerian Professional League or the English Women's Super League, you're sure to find whatever you're looking for.

Basketball

Basketball enjoys a huge following in Nigeria, which is evident in the number of people who support popular NBA teams and stars like The Los Angeles Lakers, Golden State Warriors, Steph Curry, and LeBron James. Even the national basketball team enjoys similar backing in tournaments like the Afrobasket and FIBA World Cup.

If you're looking to enjoy the finest basketball betting, Betano is the sportsbook for you. Like with football, we found betting markets for more than two dozen leagues, including intercontinental competitions like the EuroLeague, Eurocup, Baltic League, and the Champions League. You can also bet on college basketball with top-notch NCAAB markets.

Other Sports

Betano set out to be the ultimate destination for every sports fan, and a quick browse through its sports section will confirm this. The bookmaker is home to an extensive collection of sports, including lesser-known ones like lacrosse, surfing, and bandy. There's basically no sport you can think of that you won't find on this bookmaker. From Formula 1 to American Football, Rugby, Handball, Cycling, Motorsports, Volleyball, Speedway, and Athletics, the sportsbook has it all.

Furthermore, you can even bet on political and entertainment events. There are betting markets for the winner of presidential elections and prestigious awards like the Oscars. Even fans of Chess can find odds on top events like the World Championship and the Masters in Prague.

Margin

Margin refers to the commission a bookmaker gets on a betting market regardless of the outcome. These figures are expressed as a percentage of the total amount wagered on a particular market. Most bettors don’t know this, but margins play a major role in the quality of a sportsbook’s odds listings. The lower the margins, the better the odds and the more value you get for your bets.

We calculated the margins on major Betano betting markets. Here’s what we discovered.

For football, the average margins for EPL matches were around 4.5%-5%. The numbers were slightly higher for La Liga and UEFA Champions League games, where they averaged 5.2%. Nigeria Professional Football League betting fans should expect margins between 8%-10%. Unfortunately, the football margins on Betano are a bit higher than other sportsbooks.

Basketball fans have it much better, with margins as low as 3.5% on NBA and EuroLeague markets. For domestic leagues like the Brazilian NBB, they jump to over 7%. If you’re looking to bet on the big basketball events, Betano offers amazing odds.

For tennis, the margins range between 3.5-4% on the big Grand Slam matchups but rise to 4.6-5% on ATP, WTA, and Challenger events.

From our findings, Betano doesn’t have the best margins, especially when compared to other major Nigerian bookmakers. If you stick to the big events, you’ll be fine, but as you go lower, the odds become less favourable.

However, we must note that Betano does offer SuperOdds on certain popular markets. These markets are given 0-2% margins and can net you massive wins. You can identify these boosted odds by the red SO logo on them.

Odds

The variety of odds available at Betano is truly impressive. Whichever sports you like to drop your predictions on, the platform has numerous betting opportunities for you. Here are the most popular odds you can find on this bookmaker.

Football: As the most popular sport in Nigeria, football has the most extensive collection of markets. Some common options include 1X2, where you predict a game's outcome, over/under for wagers on the number of goals in a game, Asian Handicap, and Double Chance. You'll also find special bets like anytime goalscorers, total corners, bookings, shots on targets, and dozens more. The odds are listed in decimal format, but you can change this from settings.

Basketball: The basketball betting market is just as extensive as that of football, with over 100 options available for a single NBA matchup. These markets include match winner, totals, player props, half-betting, quarter-betting, and outright wagers, where you can bet on the winner of a tournament before it begins.

Tennis: Betano offers highly rewarding odds, especially on the big Grand Slam and ATP events. Some of the popular tennis betting markets available include To Win, Total Sets, Exact Total Sets, Correct Score, Handicap Bets, and Games odds/even.

American Football: This is another sport that's finally starting to leave the shores of Northern America and slowly building up a following in different countries around the world. In recent times, Nigerians have picked up interest in major leagues like the NFL and at Betano, they can enjoy markets like the moneyline, point spread, totals, props, and futures. You can even bet on draft picks and the Super Bowl winner.

Application of Betano

The Betano platform was designed to cater to any type of bettor, from PC betting enthusiasts to mobile gamblers. Fans of the latter can even experience more personal sessions with the dedicated mobile apps. We discuss more on them below.

Betano in App Store

Support Services

There's a Betano app for iOS and Android devices. You can download the iOS app directly from the App Store while you'll need to visit the bookmaker's website to complete your Betano app download. Both feature similar functionalities and operate like the mobile site. However, the Betano app makes it easier to receive updates on your wagers, especially if you're into live betting.

Betano Mobile vs. Desktop

While both of them feature the same themes and site design, we found the Betano desktop site to be more detailed than the mobile platform. This is not to take anything from the latter because you can still register an account, deposit, place wagers, and cash out winnings with the mobile site. However, the desktop site just gives you a more immersive betting experience.

When you compare the Betano mobile site or app to that of other brands, it stands out superbly. We could even argue that it's currently one of the best out there. The arrangement of both sports and casino options, plus a simple orange and white theme makes it easy for any bettor to easily register and start betting.

Betano for Android

Payment Methods at Betano

This bookmaker has partnered with the leading payment providers in Nigeria to ensure swift and safe transactions. We explore the available banking methods below.

Deposits Options

Betano deposit methods include:

  • OPay (Agent or App)
  • Monnify
  • Paystack (Bank Transfer, USSD, QR, or Visa)
  • Flutterwave (Bank Deposit, Bank Transfer, or USSD)
  • Visa, Mastercard, and Verve Debit/Credit Cards

To fund your account, click Deposit from the profile tab choose any of the above options then follow the simple procedures. The minimum deposit amount differs, but the lowest using any method is ₦50, while the highest is ₦500,000.

Before making the payment, you'll be asked to choose from either the Betano welcome bonus for sports betting or the casino. No Betano bonus code is necessary, and you can also opt to proceed without the promo.

Payment Methods

Withdrawals Methods

There's only one Betano withdrawal method, and it's bank transfer. No extra documents or verification is required, but any bank account added to your profile must match the name you used to register. You can withdraw between ₦2,000 and ₦40,000,000.

Taxes on Winnings

The Nigerian government doesn't collect taxes on sports bets or casino winnings. But if possible try to keep records, especially of big wins, in case you ever need to clear anything up with the authorities.

Limits

Betano offers very flexible bettings for its Nigerian bettors. You can wager as low as ₦100, and there are no stated limits to how high the stake can be. However, there’s a maximum net winning per bet on every sport and market. Even if the figure on your bet slip exceeds that amount, you'll still be paid that limit. Football bets have the highest maximum net winning limit at ₦30,000,000.

Technical support

There are numerous contact channels available on this sportsbook, but you'll have to visit the help centre to view them all. You can talk to an agent by calling +02013303999, sending an email tocs@betano.ng, or using the live chat. You can also message them on Facebook Messenger by clickinghttps://m.me/Betano.Nigeria.

Security

This sportsbook is committed to ensuring that players are safe and secure on their platform. Several technical measures are in place to protect your data and money from unauthorized access. They include SSL encryption, firewalls, and several other procedural measures.

Betano Regulations

In line with Nigerian gambling regulations, only players aged 18 and older can create an account with this bookmaker. Furthermore, you are prohibited from opening multiple accounts. If found, all connected accounts will be temporarily or permanently banned. You might be asked to submit verification documents at any point, and failure to do so will result in your being barred from making withdrawals. Visit the Betano bet site's Terms and Conditions page to learn more.

Betano Social Engagements

Betano is the lead sponsor of various top international clubs, including Portuguese heavyweights Porto, SL Benfica, and Sporting CP. The bookmaker will also sponsor the upcoming EURO 2024 and Copa America 2024 tournaments.

Summary

In just under a year, Betano is already making major headlines in the Nigerian sports betting scene, and from our review, it's not hard to see why this has happened.

Thanks to an easygoing theme and intuitive site design, pre-match and live betting are super convenient. The betting site also offers multiple betting options on a wide range of sports and top odds for the biggest sports competitions in the world.

When you add this to an impressive casino catalogue, local banking options, and 24/7 customer service, there's no denying that Betano is heading to the very top. We recommend the platform for anyone looking to have a great time betting online.

FAQ

Does Betano have bonuses for new users?

Yes, the bookmaker offers a 100% welcome bonus of up to ₦200,000 for new users. Casino players can also claim a similar offer with an extra 100 free spins on select slots.

Is there a mobile app for Betano?

Yes, there's a Betano mobile app available to both Android and iOS users.

Does Betano run promotions and special offers during major sporting events?

Yes, you can enjoy SuperOdds with almost zero margins on popular sports markets. Check the Promotions page during special events like the Super Bowl or World Cup, and you might be lucky to claim some free rewards.

What sports does Betano bookmaker have?

The bookmaker has a robust sports betting library filled with over 30 sports, thousands of betting options, and incredible odds. There's also a casino section with over 3000 slots, fast games, and live casino titles.

What are the minimum and maximum betting amounts on Betano?

There's no limit to how much you can stake on Betano. However, the maximum you can win from a single bet is ₦30,000,000. The minimum you can stake is ₦100.

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