Melbet Nigeria Review 2024

4.65 /5.0 MelBet
Funds withdrawal Instantly
Payment methods
 Jeton Wallet Sticpay Skrill MuchBetter ecoPayz WebMoney AirTM Piastrix MoneyGO Bitcoin  Litecoin Dogecoin  Dash Ethereum  Monero ZCash Tether Verve Bitcoin Cash Jeton Cash MoneyGO Voucher
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Pros
  • Simple platform design
  • Generous and simple welcome bonus plus multiple ongoing promotions
  • Good selection of sports market
  • Decent selection of banking methods
  • Android mobile app available
  • Phone customer support
Cons
  • High wagering requirements for the welcome bonus
Idris Asaju
Idris Asaju Review author Updated: 18 Sept, 04:03

Common information about the bookmaker

📅 Founded in
2012
🚩Headquarters
Cyprus
📄 License
License № 0001030, RC NO. 1589556, dated NOVEMBER 2ND, 2020 issued by the NATIONAL LOTTERY REGULATORY COMMISSION ABUJA, Nigeria.
Languages
55 language versions including UA, RU, EN, UZ, KZ, GE, AZ, DE, TW, BR
Payment methods
Jeton Wallet, Sticpay, Skrill, MuchBetter, ecoPayz, WebMoney, AirTM, Piastrix, MoneyGO, Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, Monero, ZCash, Tether, Verve, Bitcoin Cash, Jeton Cash, MoneyGO Voucher
Funds withdrawal
Instantly
Can play from
KZ UZ MD GE LT IN ZA NG UG KE BD CI
Customer Support
✔️ Yes
Margin

Despite launching more than a decade ago, Melbet didn't start to gain prominence in the Nigerian sports betting scene until a few years ago. But when you consider their simple platform, competitive odds, diverse markets, and a generous welcome bonus worth up to ₦50,000, you would know that it was only a matter of time before they became a driving force in the country's betting scene.

Melbet offers a mobile app and is fully licensed to operate in Nigeria. Players can also fund their accounts and withdraw winnings using a vast selection of payment methods ranging from cards like MasterCard to e-wallets like Opay. But there's a lot more you still need to learn about this bookmaker, and in this Melbet review, we'll cover all the necessary details.

Brief Overview of Melbet

Websitehttps://melbet.ng/en
Founded in2020
Licence HolderNational Lottery Regulatory Commission (NRLC), Oyo State Gaming Board, Nigeria
AddressPlot 5 Block 188, Modupe Opulami street, Oniru Cl, Lekki
LanguagesEnglish
Payment methodsMasterCard, Visa, Verve, Bank Transfer, Opay, USSD
CurrenciesNaira
Min. Bet₦10
Mobile AppAndroid
SportsTennis, basketball, football, volleyball, ice hockey, futsal, boxing, darts, cricket, kabaddi, motorcycling, auto racing
ServicesVirtual sports, cashout, odds booster, sports broadcast

Our Rating of Melbet

When reviewing a sportsbook, we consider important factors like mobile compatibility, diversity of markets, quality of odds, available bonuses, and customer support.
Melbet has a mobile app for Android users and an easy-to-use site. There’s also the generous ₦50,000 welcome bonus which you can use on multiple sports markets and odds. Overall, this is a decent sportsbook and deserves its 7.5/10 rating.

Melbet Official Site

The Melbet NG official site prides itself on its simplicity, and you'll have little or no trouble navigating the major pages. The homepage displays odds from popular football, basketball, and tennis markets, but you can customize this by marking specific markets as your favorite.

There's a menu icon next to the sportsbook's logo. Clicking on it will reveal the following main sections of the site.

Live Offer

There are two ways to access this bookmaker's live betting page. You can either click on the Live icon on the homepage or access it through the menu; whichever way you choose, Melbet offers a very robust live betting section filled with odds on all your favorite sports leagues and competitions.

In addition to popular events like the English Premier League, NBA, NFL, and UEFA Champions League, we also found markets for lesser-known competitions like Spain Women's Segunda Division, the French Under 19 Championship, and the Cyprus Football League. Fans of Nigerian football can also place live bets on both the Nigerian Professional Football League and the Nigeria Women's Football League.

These events feature popular markets like 1X2, Double Chance, Asian Handicap, Asian Total, Draw No Bet, Correct Score, and many more. There's also a live match tracker and detailed stats section to assist players in making more informed live decisions.

When it comes to live betting, Melbet is as good as it gets in Nigeria.

eSports

eSports is slowly becoming a major force in the sports betting scene, especially in Nigeria, where games like FIFA and Call of Duty Mobile have gained massive popularity in recent years. To cater to this rise, Melbet offers a robust eSports section filled with markets on popular games, including:

  • Dota 2;
  • Counter-Strike;
  • League of Legends Wild Rift;
  • PUBG;
  • Call of Duty Mobile;
  • Free Fire;
  • Fifa;
  • StarCraft 2;
  • Crossfire.

There are major leagues like the Dota 2 European Pro League, Free Fire World Series, and League of Legends World Championships, as well as less mainstream competitions. Players can bet on outright winners, rounds, handicaps, and props like the first kill. The sportsbook also offers live broadcasts of most of these eSports events.

Sports Broadcast

Despite the wide range of live betting options at this sportsbook, we were disappointed with the very few live broadcasts available. You can easily identify matches with live streams by finding a red play button next to them, but during our review, we couldn't find streams on both major and minor football and basketball leagues.

We did, however, find broadcasts on multiple eSports competitions, but even then, the site became a bit buggy when we tried to load them. Melbet robust sports market options does compensate for this. Plus, the streams get better when you download Melbet app or login Melbet from your PC.

Melbet Official Site

Melbet Bonuses and Promotions

One major reason this bookmaker has captured the hearts of Nigerian sports betting lovers is its dedication to offering top-notch bonuses to new and regular players. Here are some of the available offers you can claim.

Melbet Welcome Bonus

The Melbet Sign Up Bonus for new players is a 100% match bonus for first deposits up to ₦50,000. To claim this bonus, you simply need to visit the official site or complete your Melbet apk download. You’ll also need to enter a Melbet promo code during registration.

You must then go to your Account Profile to verify your phone number, email address, and other relevant personal details . All these must be completed before making your first deposit.

The minimum deposit amount required to claim the Melbet registration bonus is ₦4,500, and bets with the bonus must not exceed the bonus amount received. Furthermore, the bonus and winnings from it will expire 30 days after activation, and it must be wagered 5 times on Acca bets with at least three selections having individual odds of 1.5 or higher.

All bonus funds must be fully wagered and settled before they can be transferred to the used balance. Any successful withdrawal requests made before completing the wagering requirements will cancel the Melbet sign in bonus.

Lucky Friday

Start the weekend on the highest of notes at Melbet. Players are rewarded with a 30% bonus up to ₦78,000 for their first three deposits on Friday.

To claim the bonus, you only need to be a verified user of the sportsbook and deposit at least ₦3850 on Friday. You can claim the bonus within 24 hours of depositing by visiting the Offers section and must also use it to wager on pre-match and live sports events within 24 hours of activating.

There's no promo code for Melbet Lucky Friday bonus, and it comes with a 15x wagering requirement that must be played on Accas with three or more selections having independent odds of at least 1.5.

Multi Bet Cashback

You even get rewarded for your losses at Melbet. With the multi bet cashback bonus, you get up to a 20% refund on your Acca bets with at least three selections.

To get started, create a bet slip with a minimum of three selections from the different sports, live, and eSports events available, each having odds of no less than 1.5. Your minimum stake after activating the multi bet cashback bonus on your bet slip must be ₦2230. Here's how the cashback is distributed.

For accumulator bets with three events, you get a 5% cashback if the bet losses,

  • 4 events -7%;
  • 5 events -10%;
  • 6 events -12%;
  • 7 events -14%;
  • 8 events -16%;
  • 9 events -18%;
  • 10 events -20%.

Multi Bet Boost Melbet Bonus

You can boost your winning Accas by up to 35% at this bookmaker. Fill up your bet slip with at least three selections, each having odds of at least 1.4; the higher your picks, the more the bonus. Place a minimum bet of ₦2230 and get rewarded when you win.

For acca bets with three events, you get 1.05 in bonus odds; that's an odds boost of 5%. It gets better:

  • 4 events -7%;
  • 5 events -10%;
  • 6 events -15%;
  • 7 events -20%;
  • 8 events -25%;
  • 9 events -30%;
  • 10 events -35%.

VIP and Loyalty Promotions

At the time of our review, there were no VIP programs, but if the multiple other ongoing promotions are anything to go by, the bookmaker should be offering one soon.

All Melbet Bonuses and Promotions

Mobile Sports Betting of Melbet

A growing number of Nigerian players now prefer to place their sports bets using their mobile phones due to how easy and convenient it is. If you're one of these players, you'll have no problems with this bookie. Let's take a look at what mobile betting feels like on this sportsbook.

Support Services

There's a Melbet apk for Android users who don't want to use the official website. The app, like the site version, features a dark theme with simple designs that make it easy to browse through the different sports markets and place bets.

We also noticed that the live streaming feature on the app is way less buggy, which makes it vital for players who enjoy live betting. You can also claim the numerous bonuses, follow live updates, complete wallet top-ups and withdrawals, and reach out to customer support through the Melbet app download for Android.

Unfortunately for iOS users, there's no Melbet iOS app currently. Players will have to access the bookmaker through their official website. However, there's nothing to worry about, as you can still register an account, fund it, and wager on all your favorite games with the site.

Melbet Mobile vs. Melbet Desktop

There really isn't much difference between the bookmaker's mobile and desktop versions; it just depends on the type of player you are. If you enjoy the big screens, then you can load up your PC, but if you want a more simple experience, visit the mobile site or download the app on Android.

They both feature similar designs and offer the same functionalities. Features like live streaming might be better on the desktop version, but that's where it ends.

Melbet mobile apps

Melbet Sign-up

To enjoy this sportsbook's numerous pre-match and live markets plus generous bonuses, you'll need to create a Melbet account. Fortunately, this can be completed in a few easy steps. Here's how to get started.

  • Visit the Melbet official website, or if you're an Android user, you could download the mobile app.
  • Click on the Register button at the top right of the screen and wait for the registration page to come up.
  • Enter your mobile number, a strong password with at least 8 characters, one Latin letter, a special character, and a number.
  • Re-enter the password and a promo code to claim the welcome bonus.
  • Fill in the Captcha code and tick the box confirming that you're at least 18 years.
  • Finally, click on Register to create your account and start experiencing the bookmaker's full features.

Account Verification Process

While there's no verification required during the account creation process, you'll need to complete an account authorization before you can claim the welcome bonus or withdraw your winnings. Once again, this is a simple process that can be completed in seconds.

  • Click on the Account Profile icon on the top right of the screen after completing your Melbet login.
  • Select Account from the drop-down menu and click on Personal Details.
  • First off, click on Verify Mobile, and you'll receive an SMS with an OTP.
  • Scroll down to enter your first name, last name, date of birth, and e-mail address.
  • Also, fill in your ID(Passport or NIN number), country, and city. Your home address is optional.
  • Lastly, click Update and wait for the confirmation.

Account Management

The Account Menu is where you can go to view every single detail about your account. You can access it when you log in to the Melbet account and click the Profile icon. Any

There, you'll find the Account sub-menu for updating personal details and documents as well as setting preferences and passwords. There’s also the Game History menu for checking both active and settled bets, plus tracking all your deposit and withdrawal transactions.

The Offers section is where you go to activate promos, check your available bonus amounts, and find available promo codes. You can also check the history of past bonuses.

Registration in Melbet

Margin

Every betting market has a margin, which serves as a way for the sportsbook to always make profits no matter the outcome of the bet. They are calculated in form percentages and are different for every sport and bet type. These margins affect you because the lower they are, the better the sportsbook's odds. We calculated Melbet margins on major sports; here's what you should know.

Football is the most popular sport on this bookmaker and also has the best odds. For English Premier League games, the margins averaged at 3.4%, with some markets going as low as 3%. For Championship games, however, the margins were a bit higher, averaging at 5%. The average margins hovered around 4.8-5.2% for other major football leagues in Spain, Germany, Italy, and even European competitions like the UEFA Champions League.

The margins for tennis games in the ATP can go as low as 3.32% and up 8.1% for the ITF 100. Women. For major basketball competitions like the NBA and EuroLeague, the average margin is 5%, while that of leagues like the German Basketball Bundesliga and Spain ACB averages around 4.5%.

Overall, Melbet offers quality odds on multiple sports markets. You'll get better value for your money betting on football games in the Premier League, NBA, and ATP tennis matches.

Melbet Odds

Melbet Nigeria prides itself on offering a diverse range of odds on various sports markets. The different sports and leagues can be accessed by clicking on " Sports " on the main menu. Here are some of the major odds you can bet on.

Football: Nigerian sports bettors can enjoy odds on all the major football leagues. These odds are listed in decimal format and feature markets like 1X2, where you wager on the outright between two teams; totals, where you bet on the total number of goals, anytime goalscorer, Asian handicap, European handicap, and live bets.

Basketball: Popular basketball odds on this bookmaker include markets on match winners, point spreads, totals, quarter betting, props, and futures. These markets are also available for fans of live betting.

American Football: This is one of the most watched sports in the world and is also slowly becoming a fan favorite in Nigeria. This bookmaker lets you bet on major leagues like the NFL and the NCAA. You can place moneyline bets to wager on the winner of a game and point spreads to bet on the margin of victory, over/under for the total number of points you think both teams will score, and futures for long-term predictions like Division Champions and Super Bowl winners.
MMA - MMA has taken the world by storm in recent years, with competitions like the UFC attracting millions of viewers every year. This sportsbook lets you place bets on all your favorite fighters all year long. There are odds for outright winner of a bout, method of victory, and number of rounds.

Payment Options at Melbet

There are multiple banking options available at Melbet for funding your account and bank transfers for the withdrawal of funds. Here's everything you need to know about completing transactions on this bookmaker.

Melbet Deposit Methods

Here are the available deposit methods, plus simple steps on how to fund Melbet account.

  • Verve;
  • Visa;
  • Bank Transfer;
  • USSD;
  • OpayWallet;
  • PayStack.

Here's how to deposit on Melbet:

  • Complete your Melbet login Nigeria and click on the Account Profile icon;
  • Select Deposit from the pop-up menu;
  • Choose a banking method, enter the amount you want to deposit, and follow the steps to finalize the process.

Deposits with any of the replenishment methods on this bookmaker are instant and attract zero fees.

Melbet Withdrawal Methods

Before you can complete a withdrawal, you must verify your account by updating all your personal details in the Account Menu. We listed them above. Once you have completed your account verification, you can enter your bank account, which must match the name on your profile.

Melbet withdrawal limit is also very flexible. The Melbet minimum withdrawal in Nigeria is ₦500, while the maximum is ₦25,000,000.

Taxes on Winnings

Winnings from online sports betting are considered non-taxable income according to Nigerian gambling laws, so you have nothing to worry about. However, it's essential you keep good records of your winnings, especially big ones, in case you have to answer questions from the authorities.

Betting Limits

Whether you're a high roller or just like to place sports bets on the side, this bookmaker betting limit is sure to accommodate you. You can place bets as low as ₦10 and as high as ₦40,000. Also, the Melbet maximum payout in Nigeria is €30,000.

Security

This bookmaker is well-trusted in the Nigerian online betting space. Their site features some of the latest security features and up-to-date SSL/TSL certificates. During our review, we found no cases of data breaches from past and current players.

License and Legality

Melbet holds licenses from both the National Lottery Regulatory Commission (NRLC) and the Oyo State Gaming Board, Nigeria. Their license number is № 0001030, RC NO. 1589556, dated November 2nd, 2020.

Customer Support

There are multiple ways you can reach this bookmaker's customer support. The live chat is available 24/7 and can be accessed from the Account Menu. You can also email them atinfo@melbet.ng or call +2349151360255.

Melbet Regulations and Guidelines

You must be at least 18 to create a Melbet account. If at any point it is discovered that you faked your age, your account will be closed and your winnings voided.

The sportsbook also has a strict policy against creating multiple accounts, which can lead to the closure of all. As we've already mentioned, you'll need to verify all your details and upload documents like a National Identity Card or Passport before you can withdraw your winnings.

Melbet Social Engagements

There are currently no significant partnerships to speak of at the moment.

Summary

Melbet might not be as popular as other Nigerian sportsbooks, but their vast pre-match and live sports markets make them viable options for players just looking to have a great time.

The sportsbook also has a very generous welcome offer, and while the wagering requirements might be a little too much, it's not uncommon. There is also a wide array of other bonuses like reload offers and cashback. Their platform is also simple with a dark theme that makes navigation smooth, plus there's a mobile app for Android users.

Payment methods like Opay and USSD are significant advantages, and though work needs to be done on the quality and availability of live streams, Melbet has all you need for a decent online sports betting session.

FAQ

How do I register an account on Melbet?

Launch the official site or complete your Melbet app download. Click on the Register icon at the top right of the screen, then enter your mobile number, password, and Captcha code to register Melbet account.

What is the account verification process on Melbet?

Navigate to the Account Menu page and fill in details like your full name, date of birth, email, ID, and address. You'll also need to verify your mobile number through an SMS OTP or a phone call.

What are the advantages and disadvantages of Melbet?

The pros include a vast selection of markets and odds, numerous bonuses and promo offers, and a simple platform. The cons are very few live streaming options and no Melbet app for iPhone.

What promotions and special offers are available on Melbet?

First off, a 100% match welcome bonus for first deposits up to N50,000. There's also a 35% winning acca boost and a 20% Cashback on lost multibets.

How reliable and safe is Melbet as a bookmaker?

The bookmaker is licensed by the National Lottery Regulatory Commission (NRLC) and the Oyo State Gaming Board. A cThey also use advanced security measures to ensure player details are safe.

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