Nairabet@10: 10 Things About the Popular Betting Company you Probably didn’t Know

Nigerian sports betting platform, Nairabet.com is celebrating its tenth year in operation. Sports betting has become a very lucrative business as it currently has millions of Nigerians hooked to it. Nairabet is one of the biggest sports betting company in Nigeria.

Ok #NairaBetAt10 is trending 💃💃💃💃@NairaBET Nigeria's first sport betting company 👌 #NairaBetAt10 #BBNaija #Spartans #teamceec #akinalabi pic.twitter.com/1tzq0OutUS

— SMILLEY 💫💥 (@Neutral_Kween) March 14, 2019

In honour of its 10th year, here are 10 things you probably didn’t know about Nairabet.

• Nairabet is the premier sports betting company in Nigeria. The 10 year old platform allows users to place bets on various sporting activities in return for rewards if correct.

I have been in football for 10 years.

I am not being paid, but in Nigeria Nairabet is the best in terms of Odds

— Uncle Mark™ (@iamUncleMark) August 29, 2018

• Nairabet Headquarters is located in Igbo Efon in Lekki, Lagos State. The building has four floors and a penthouse.

New post: Office Tour: Sneak Peek of the Lekki Headquarters of Akin Alabi's Nairabet https://t.co/4qgnv9qIMz

— Technext (@technextdotng) November 26, 2018

• The company was founded by Akin Alabi, a Nigerian entrepreneur. He is the author of the business and marketing book, Small Business Big Money. He is also the incoming member representing Egbeda/Ona Ara Federal constituency in Oyo State in the Federal House of Reps.

At Last! You can download the first two chapters of my best selling book, Small Business Big Money. Read it and decide before you buy the full version. Fair deal? Click https://t.co/UF00u203KX pic.twitter.com/WG80yXwbzX

— Oloye Akin Alabi (@akinalabi) July 13, 2018

• Nairabet runs an online platform where users can place bets instead of walking to betting shops. Users only have to create an account, fund their account with their debit cards and place their bets. Users can also cash out their wins online straight into their Bank accounts.

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— Tayo Oviosu (@oviosu) March 8, 2019

• The platform has a mobile app for both Andoid and iOS devices to make betting seamless for its users. It also has a USSD code so users could stake on their phones.

With @NairaBET betting has bin made easy 💃🏻💃🏻 Dial *5447# today on any phone to play 👌👌👌#Ceec #cegar #bbnaija pic.twitter.com/6rQtOwUpZx

— ceeworlld⚔️⚔️⚔️ (@ceeworlld) March 9, 2019

• Nairabet is also the only sports betting platform in Nigeria that pays users if they get a single game wrong in their permutation. Or as its said, if only one game ‘cuts the ticket’. But terms and conditions apply.
• According to popular site ranker, Alexa, Nairabet is the 72nd most visited site in Nigeria with over 9,000 monthly visitors.

The best part about this story is how he admits that he got into business because he wanted to be rich. Others will say…"revolutionize the game….yen yen yen.| From marketer to businessman: How Akin Alabi built NairaBet from scratch https://t.co/zTCJBwzqP0 via @Techpointdotng

— Joey Akan (@JoeyAkan) March 20, 2018

• The company has never raised any external funding to build up as its founder fully bootstrapped the company.
• Interested people can easily join its agent network and own their own Nairabet shops (bet centres) and get paid on commission. All they have to do is fulfill the necessary requirements.

Babe you are damn right, Nairabet is the best and this is coming from a tennis guru who has been keeping an eye on you

— therealslimshady1.crypto (@iamjustvictor) March 11, 2019

• A leading report on gambling in Africa published in 2016 by KPMG, showed that NairaBet made an average monthly turnover of $3m-$5m. That figure is expected to have increased tremendously now.