NetBet is one of the biggest names in Nigeria when it comes to online bookmakers. Formerly known as Bet770, NetBet is a great bookie with good customer service, a great welcome bonus, and player-friendly terms and conditions.
In this review, you’ll find everything you need to know about NetBet such as its welcome bonus, its sportsbook, its online casino, and more!
Regulation: Lagos State Lotteries Board
Support: E-mail, phone & live-chat
Minimum Payout: 1000N
Maximum Payout: 10,000,000 (24 hour period) and 20,000,000 (allowed in one week)
Minimum Bet: 25N for pre-match bet
Maximum Bet: No maximum bet limit
NetBet Welcome Bonus
NetBet offers a pretty generous welcome bonus to new players on its platform and matches 100% of the first deposit up to ₦100,000 and offers 75 free spins in their online casino.
As with all welcome bonuses, it comes with terms and conditions. Some of the most important conditions of the welcome bonus are:
- Only players from Nigeria can claim the bonus.
- The bonus will be transferred to your account only after you have turned over your initial deposit once (x1) with odds of at least 2.00 for a single bet o 2.25 for doubles (or more) and after all qualifying bets have been finished.
- After entering the bonus code (WELCOME200NG) you have 24 hours to make a deposit and the bonus must be turned over within 30 days of your initial deposit.
- The welcome bonus must be wagered eight times (x8) before it can be withdrawn.
Complete terms and conditions can be found on the welcome bonus landing page.
NetBet was established in 2001 and has grown into an international brand over the years. They have a strong brand presence as made evident by sponsoring major European soccer clubs like West Bromich Albion, Ajaccio, and AS Saint-Étienne.
NetBet started its online casino operations in Nigeria in September 2019 and operates with a license from the Lagos State Lottery Board. As the online bookmaker is heavily regulated and transparent, punters can trust the bookmaker easily.
Some of the key features that make NetBet a great bookmaker is its extensive sportsbook that covers a wide range of games and markets, its competitive odds, its mobile app, and their user-first approach with the website and customer service. With these features, NetBet can be considered to be one of the best bookmakers in Nigeria.
Other than betting on sports, punters can also enjoy a wide range of online casino games on the platform including live casino games. It is also possible to play lottery games with winners that are announced every few minutes. Overall, NetBet provides a comprehensive betting and entertainment experience to all the players on its platform.
NetBet Sports Betting
Betting on soccer matches and sports betting in general is extremely popular in Nigeria. NetBet allows people from the country to bet on a wide range of sports. While soccer is a major attraction, other sports you can bet on include volleyball, tennis, horse racing, e-sports,
You can find a wide range of betting options when it comes to sports on NetBet. It is possible to find moneyline bets that come without spreads or handicaps and you can also find spread betting options with the spread or line assigned by the bookmaker.
NetBet also offers a cash out option on most bets. With this option, you can see how much you’ll be paid when you cash out. A cashout request will be instantly processed and the funds will be added to your balance immediately.
Overall, regardless of the kind of sport you want to bet on, you can rest assured that NetBet’s sportsbook will have you covered!
Soccer betting at NetBet
NetBet is a great online bookmaker if you’re really interested in betting on soccer matches. You can find the biggest games in the world and tons of markets to choose from, along with the classic markets such as 1 x 2. Offering competitive odds and a lot of different markets, NetBet is definitely the perfect site for betting on soccer in Nigeria.
NetBet also offers some innovative betting options such as combo boosts which allow you to bet 3x the normal amount and get 50% more winnings and SnapBet which lets you bet on a goal being scored in the next 30 seconds, 1 minute, 5 minutes, 10 minutes, etc.
You can also bet live on matches and NetBet’s in-play betting system also supports Asian Handicap betting which is great if you’re used to that format. You can also find all the ongoing information about the match on the platform itself while you’re betting live.
Virtual betting at NetBet
Some of the virtual sports available at NetBet include virtual soccer, virtual basketball, virtual horse racing, and greyhound racing. While it cannot replace the thrill of betting on real sports, virtual sports betting is something every gambler should try once and NetBet is definitely a great place if you’re looking to try it for the first time.
NetBet In Play Betting
NetBet allows you to bet on live matches using the in-play betting section. With in-play betting, you can bet on live matches while the game is still going on.
When it comes to betting live, punters can make bets informed by the events that are on-going. The in-play betting section provides all the information you would need about the game that is going on and features constantly changing odds that change based on what is happening in the game at the moment.
Regardless of what game you’re betting on, you will find plenty of markets while betting live. Some of the popular markets for live betting are over/under, next goals, total goals, correct score, etc.
While NetBet doesn’t stream the actual match, you can still follow the game at the Live Center which is constantly updated to inform you about the events of the game.
Other than offering an exciting sportsbook, NetBet also comes with a pretty well-built online casino. The online casino features a wide range of games including table games and a huge number of slots. There are also a number of promotions and bonuses which ensure that playing at the online casino on NetBet is always a fun and rewarding experience.
The online casino also features a live casino section where you can play a large number of games against real professional dealers via live streaming video.
Some examples of promotions on the online casino include ₦250,000 Cash Attack, Mystery Cashbacks, Free Spin Boosts, Live Cashdrop, Happy Hours, and Bet 5 Get 5. NetBet ensures something or the other is always going on which makes their online casino experience really fun.
The welcome bonus offered by NetBet also includes 75 free spins which can be used at the various online slots provided in the online casino.
The NetBet website is built to be user-friendly and informative but the online bookmaker also comes with an app for both Android and iOS users. The app is designed to be super fast and supports all the functions you would find on the website including live-betting which means you can always bet on matches regardless of where you are.
The interface is designed to be clean and intuitive with the left side showing the different sports you can bet on and the right side showing highlights, live betting options, and future events. You can also play on the online casino using the app.
Payment methods, deposits/withdrawals and security
Payment methods for deposits and withdrawals at NetBet are plentiful. To deposit money, punters can choose to do so with Neteller, Interswitch, QuickTeller, TopPay, bank transfer, credit card payment, QR code payment, ATM deposit and bank deposit. The minimum and maximum limits for all of these options except Neteller are ₦100/₦1 000 000, the only difference with Neteller is that the minimum deposit is ₦500. The process time of all these options are instant and have varying fees.
To withdraw funds a punter can use Interswitch and Paystack, see below for details on their fees, process times and limits.
Fee: 1.5 %
Process time: 4-8 days
Limit: Min ₦500, Max ₦250 000
Fee: 1.5 %
Process time: 24-48 hours
Limit: Min ₦500, Max ₦100 000 000
You will have to provide some identification documents as NetBet takes underage gambling very seriously. Being highly regulated and operating under a valid license and an SSL certificate, you don’t have to worry about getting scammed and can safely deposit and withdraw funds from NetBet.
NetBet Website is licensed and regulated by Lagos State Lottery Board which is the license that operators with a Nigerian presence are supposed to acquire.
NetBet offers pretty good customer support in general. You can reach the customer care using the live chat option available on the site or email or phone. You can also find NetBet on different social media platforms like Facebook and Twitter and reach them there too. You can also find a detailed FAQ section on their site which can help you find answers to basic questions that you might have.
The response time is pretty good and you can expect most of your issues to be resolved very quickly. The Help Center is also a great place if you’re just getting started with the bookmaker.
With over 170 markets available, a 96.54 % payout rate in 2019, competitive odds and much more on offer, NetBet caters for every need a punter might have. A good casino, poker area and even sports such as surf and darts to bet on makes for a great bookmaker and as the sponsors of big soccer names, Betnet has secured their position as a leading sports betting platform.
Their top quality security systems, good customer support and proper licensing, ensures their place as a reliable and trustworthy betting platform that just keeps getting better.
- Variety in sports betting options
- Well established Casino
- A transparent and reliable sportsbook
- A large variety of sports markets
- Great payout rate
- Less competitive odds in horse racing
- Customer service is not available 24/7