Betfarm is one of the first names that comes to mind when I think about online sportsbooks in Nigeria. But what makes it such a popular option among Nigerian punters? The answer is actually a little complex, as there are several reasons behind its popularity in the country.
The company’s success sits on four major pillars – variety of sports, fair bonuses, fast withdrawals, and reputation. This review will offer detailed information about each aspect and how they contribute to Betfarm’s recognition as one of the best betting sites in Nigeria.
Betfarm Nigeria is known for its extensive betting section, with over 25 sports to choose from. The most popular events have over 2,500 markets, making it one of the most diverse betting sites in the country. It also has fun bonuses with fair wagering requirements. You can learn more about this betting site by reading my Betfarm sport review.
Betfarm’s bonuses are more catered towards new punters. After signing up, you’ll unlock various generous offers that allow you to boost your bankroll or even bet for free. In addition, you can also enjoy a potentially rewarding acca insurance bonus and a special promotion that rewards you for inviting your friends to join Betfarm Nigeria.
Most betting sites in Nigeria allow you to claim a bonus on your first deposit. But things are different at Betfarm, as the sportsbook rewards you with a 100% bonus of up to ₦20,000 on your first three deposits. This makes it one of the top welcome offers in the country.
To claim an offer, all you have to do is opt-in through the “Promotions” page and deposit a minimum of ₦1,000. Bonus funds have a wagering requirement of 5x and can only be used on accumulator bets with five or more selections and minimum odds of 2.0.
Free bets are the perfect way to get started at Betfarm. By signing up for an account and depositing a minimum of ₦100, you’ll automatically receive a ₦500 free bet. Talk about value for money.
Even though the Betfarm sport free bet has no wagering requirements, there are a few restrictions to keep in mind before you bet with this bonus. The free bet can only be used on single bets in the “First to Score” market. This bonus has a time limit of seven days.
I’ll get straight to the point – the Betfarm’s Cut-One Insurance bonus is one of the best accumulator insurance offers in Nigeria. While many sites offer a 200% insurance bonus, Betfarm Nigeria exceeded my expectations by increasing the amount to 500%.
If you’re a beginner, you might be wondering – what is accumulator insurance and why do I need it? As you know, winning an accumulator can be tricky. It’s also incredibly annoying when you lose it by one selection.
That’s where Betfarm comes in. If you lose your bet by one selection, the sportsbook will pay 500% of your stake, no questions asked. However, you’ll have to meet a few conditions to be eligible for this offer:
- Minimum of 15 selection per accumulator bet.
- Only compatible with football bets.
- Insurance can only be used in Match Result, First Goal Scorer, Last Goal Scorer, and Correct Score bets.
- Each selection must have odds of 1.60 or over.
Refer a friend
Betfarm Nigeria also has a referral system in place. However, not much is known about how it works and what rewards you can get. I’ll update this section when the sportsbook releases new information.
I like how Betfarm is built to look like a mobile website. The desktop version feels uncluttered and is very easy to navigate. You can easily find your favourite events by clicking the different sports and selecting your preferred competitions.
Types Of Bets Available
You won’t have issues placing the most popular bet types at Betfarm Nigeria. The sportsbook accepts single, accumulator, and system bets. To select which bet you’d like to place, simply select a few betting markets and change the bet type in the betslip menu.
Placing a single bet through the Betfarm sport section is as easy as it gets. To get started, head over to the sports betting menu and choose your favourite market. Then, go to your betslip, enter your stake and place your bet. You can also toggle the option to accept odd changes, if you’d like.
Accumulators, also known as acca, are a type of bet that features multiple selections. You can trigger this option by choosing more than one market from different sports events. Acca bets are popular because the odds for each event are multiplied, increasing your betslip’s potential payout.
System bets are often referred to as combination bets. This bet type allows you to create different combinations based on the number of outcomes. You can still win a system bet even if you miss a few of your selections.
Betfarm Nigeria is home to thousands of betting markets, ranging from traditional Match Result to propositions and other innovative bets. For instance, in football, most Champion League matches have over 2,500 markets to choose from. The selection includes any bet you could think of, including Over/Under, Draw No Bet, Handicaps, Goal Scorers, and more.
User Experience On Betfarm
As I’ve mentioned, Betfarm is highly intuitive, as getting around the site takes nothing more than a few clicks. You can easily click through the menus to display the most popular events and competitions for each sport. In addition, the sportsbook has a helpful FAQ section, further adding to its user-friendliness.
Betfarm Sportsbook App
If you prefer betting on the go, Betfarm has a solution – the sportsbook offers two apps for iOS and Android devices. To download the app, simply head over to the “Apps” menu and select your operating system.
The Betfarm sport app was the first online sportsbook app to be featured in the iOS App Store. It has various useful features, including instant withdrawals and the ability to edit and share your bets.
Deposit And Withdraw At Betfarm
You can add funds to your Betfarm account using debit cards, bank transfers, Paystack, and USSD mobile payments. There’s also the option to deposit at an ATM. The minimum deposit amount is ₦100. All deposits are processed instantly.
Betfarm Nigeria supports withdrawals via debit card, bank transfer, USSD payments, and Paystack. The minimum withdrawal amount is ₦1,000. Check the table for more information:
|Method||Minimum Deposit||Deposit Processing Time||Minimum Withdrawal||Withdrawal Processing Time|
|Instant Bank Transfer||₦100||Instant||₦1,000||Instant|
Betfarm withdrawal speed
According to the sportsbook, withdrawals are processed in seconds. However, withdrawals can take longer if banking networks are experiencing delays. Please note you may have to verify your identity before withdrawing from Betfarm.
Betfarm offers support via phone (+234 814 990 6640), email ([email protected]), live chat, and internal messaging via the site’s “Messages” section. Phone support is only available from 8 AM to 6 PM between Monday and Saturday.
Register On Betfarm
Are you curious to try Betfarm? If so, follow the steps below to quickly sign up for an account:
- Visit the site and press “Join Now.”
- Enter the required details – name, phone number, email, username, and password.
- Press “Continue.”
- Choose your banking network and type your account number.
That’s it. You can now make your first deposit and claim a bonus at Betfarm.
Even though it’s safe and reputable, Betfarm isn’t the most diverse betting site in terms of player protection policies. Here’s how you can protect yourself from gambling addiction at this online sportsbook:
Betfarm Nigeria doesn’t have a traditional responsible gambling section. Still, the sportsbook is part of the Gambling Awareness Association. You can contact this organisation if you’re experiencing gambling addiction.
Betfarm deposit limits
I found no information regarding deposit limits at Betfarm. I’ll update this section if new information comes up.
As a licensed sportsbook, Betfarm Nigeria should offer a self-exclusion feature. However, I couldn’t find any mentions of this.
Betfarm is owned by Betfarm Entertainment Ltd, a Nigeria-based gambling company established in 2018, with registration no. RC 1482975. The sportsbook is licensed and regulated by the Government of Nigeria, with licence no. PPL 08059.
Problems at Betfarm
I couldn’t find any major problems with Betfarm, not even on forums like Nairaland. The only complaint I found was regarding customer service, namely the non-functioning live chat feature and the lack of an email response. It seems the sportsbook has addressed these.
Pros & Cons
- Many betting options for Nigerians
- Many payment methods
- Good for new comers
- Welcome offer not available
Learn more about Betfarm by reading the FAQs:
Yes. Betfarm is widely available in Nigeria. In addition, the sportsbook is licensed by the Nigerian Government.
The minimum deposit at Betfarm is ₦100.
Yes. The sportsbook has a ₦500 free bet bonus for new punters. To claim this offer, all you have to do is deposit a minimum of ₦100.
About the author
Bonus not available
Betfarm Nigeria Highlights
- Many betting options for Nigerians
- Many payment methods
- Good for new comers
Betfarm is one of the first names that comes to mind when I think about online sportsbooks in Nigeria. But what makes it such a popular option among Nigerian punters? The answer is actually a little complex, as there are several reasons behind its popularity in the country. The company’s success sits on four major...