Online sports betting has over the last 10 years gained significant traction and a fanbase in Africa. This has not happened as a miracle or voodoo, but through the impact, it has created a new generation of punters.
The convenience, accessibility and high rewards involved have all worked to the advantage of sports betting companies- with the pioneers of the industry making considerable income from the activity, without limiting the entry of newbies. In this review, we will tell you all about Betking, its entry into the Nigerian market and why you should consider it as your betting partner. We will tell you the best odds available, the bonuses and how to register, stake, deposit and withdraw.
Betking was founded by SV Gaming Limited in February 2018 by a sports enthusiasts and entrepreneurs Adekunle Adeniji and Byron Petzer. The co-founders entered the betting market with a mission- to make online sports betting fun and introduce ethical betting that is consistent and meets the needs of punters.
With these in mind, Betking has revolutionized the betting industry by ensuring that sports can be entertained and at the same time be involved in responsible betting. Betking is accredited by the National Lotteries Board and holds licenses from Anambra State Gaming Company, Lagos State Lotteries Board and the Osun State Government.
Betking entered the market and took it by storm by virtue of the wide market options it provides. From soccer to basketball, golf to tennis, cycling to boxing- name it and you will find it right there in Betking. The over 20 categories are further broken down into specific activities that cover almost everything that you may want to stake in.
The live betting section is another brilliant idea that covers soccer, basketball, handball, volleyball and tennis. This variety leaves most bookies with options on where to place their bets. To cap it all, the virtual tab allows bookmakers to play and enjoy online games and even win.
Virtue sports continue to gain traction among Nigerians, and Betking gives you an excellent option to play virtually. The “Kings League” football league is available for 7 days, for the whole year.
You could also play Keno, Spin 2 Win, and Color-Color games virtually in addition to dog racing. to play virtually, go to the top of the Betking website, click on “virtuals” and you will be redirected to all the available virtual games pages.
On top of the traditional bets offered by the existing sportsbook companies, Betking offers other bets that include 1x2, Totals (Over/Under), Moneyline, Proposition Bets, Futures and Asian Handicap. More information on how to play these is available on https://www.betking.com/help/general-help/tutorials/
On your browser, go to www.betking.com and you will be directed to the homepage. On the top right corner, click join. Enter your name, email address, and phone number and provide a password. Submit the information by confirming that it's accurate. A confirmation message and link will be sent to your screen and email respectively. Confirm your email address by clicking on the link. Enter the email address and you are ready to join the kingdom and start enjoying royal treats and wins!
There are over 20 ways through which you can deposit money to your Betking account. You could use any of the following ways, and the subsequent procedure below.
You could do a direct bank deposit in any of the following bank Zenith, Keystone, Heritage Bank, Eco Bank, Citi Bank, Access Bank, Wema Bank, Unity Bank, Sterling Bank, UBA, Union, Stanbic, Skye Bank, Keystone, GTB, FCMB, First Bank or Fidelity. The procedure is as follows;
Note that the minimum amount you can deposit is N100, and the maximum deposit amount is N10,000,000 via Paydirect.
When it comes to Zenith Bank, there are several ways how to deposit in your Betking account.
Note that in some instances it may take up to 24 hours for your wallet to get acknowledged. The minimum deposit is N100, and the maximum deposit is N1,000,000 (one million). The deposit fee is capped at N100.
The transaction fee is N100, and you can deposit a minimum of N100 and a maximum of N3,000,000.
Go to any Zenith Bank branch to deposit money from your personal account into your Betking account. You can deposit to SV Gaming Ltd (Betking) with a Bank cheque from Zenith or by using the fund's transfer form.
Fill in the Betking deposit slip by providing the required details as follows:
The maximum deposit amount is N10,000,000 while the minimum deposit is N100. The transaction fees are N100.
The maximum deposit amount is N10,000,000 while the minimum deposit is N100, and the fees charged for that transaction is N50.
Interswitch WebPay is one of the best ways you could use to deposit to your Betking account, as there are no transaction fees charged. Use these simple steps to credit your account;
The maximum deposit amount is N1,000,000 while the minimum deposit amount is N50.
UBA allows users to deposit through the following ways
1. UBA Internet Banking- Login to your account, go to Bills and Payments, enter your personal details, authorize to receive the OPT and submit to conclude. The minimum deposit is N50 and the fees charged is N100.
2. UBA USSD- Dial *919*26*Amount# on your listed mobile number with UBA and follow the prompts. The minimum deposit is N50, and the fees charged is N20.
3. Uba In-Branch Collections- Go to any UBA branch and fill in the deposit slip with your details. Tell the bank teller that you wish to deposit via the UBA channel, provide all the details and wait for your account to be credited. The minimum deposit is N50 and the fees charged is N100. The maximum amount of money you could deposit is N10,000,000.
We can all agree that the sign-up bonus and margins offered by a bookmarker plays a significant role in deciding where one will place their bets. Upon registration, Betking offers a bonus of up to ₦100,000 as an enticement for new clients. And where you stake between 5- 40 selections, you may receive up to 225% accumulation in winnings.
Another interesting fact about Betking is that they have one of the best margins in selected sports in Africa. For instance, the bookmarker offers a margin of 6.82% in Hockey, 8.32% in Volleyball and 3.86% in Football. The overall betting margin of 6.1% is one of the highest in Nigeria.
Special bets exist on Betking, where higher odds on selected matches are given to bookies on a daily basis. To access the special bets, navigate through the matches that have been selected or the day and choose the one that is most appealing to you.
The Rebet feature allows punters to swiftly reload open an existing bet and place that bet again, but now with an option of combining another selection, either by adding or removing the previously staked events. In essence, the feature allows you to remain optimistic about winning even after losing the first match! How cool is that?
The process of withdrawing is pretty much straightforward, unlike the complex deposit process. Simply log in to your account and go to My Account. Navigate to Withdrawal, found under your profile menu. Enter the 10-digit account number and select your bank from the drop-down list. Input how much money you want to withdraw and confirm by clicking Accept. Wait for a confirmation message that your account has been credited.
It is important to note that you can only withdraw through a bank transfer. There are no withdrawal charges or maximum amount to start, the minimum amount to withdraw is N100 and it takes up to 24 hours to have the funds credited to your account.
Currently, there are no mobile betting apps for both android and iOS users for Betking. However, an optimized mobile version webpage is available that is comprehensive and elaborate enough to make up for the lack of the mobile app.
To access it, simply click https://m.betking.com/ and you will be able to navigate the mobile site. The mobile version can be accessed by any mobile phone, and it’s easy to use.