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BetOnRed Sportsbook Review in 2024

8/10

Advantages:

  • Generous welcome package of 3 levels

  • Mobile-optimized website version

  • Reliable sportsbook with two operating licenses

  • Crypto-friendly

Payment Methods:

Bitcoin Mastercard Visa Jeton Ethereum Litecoin Tether Ripple

Not available in your location

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Specifications

  • Live Sports

    8

  • Bonuses & Promotions

    8

  • Odds

    8

  • Mobile

    7

  • Usability

    8

  • Types of Bets

    8

  • Credibility

    9

  • Payment Methods

    8

  • Support

    8

BetOnRed LIVE Betting

8 / 10

Live betting is a particularly popular section, always offered by the top bookmakers online. For all Nigerian sports fans who enjoy betting in-play, BetOnRed has got a range of live sports events to offer. A separate 'Live sports' section includes regular events in 12 sports, with the most popular matches displayed on top of the page. The list of ongoing games shows the odds for all available betting markets, and the odds for each outcome are updated in the course of live matches.

Types of live games at BetOnRed

Take a look at the most popular types of in-play sports offered by BetOnRed.

  • Football
  • Volleyball
  • Basketball
  • Tennis
  • Cricket

BetOnRed LIVE Betting

BetOnRed Casino

9 / 10

While being a decent and innovative new sportsbook, BetOnRed has also developed an extensive gambling section for everyone who wants to try their luck at live casino games and online slot machines. Being one of the newest casinos on the Nigerian market, BetOnRed already has a lot to offer to its players, including an expanded portfolio of games and generous casino bonuses. MightyTips is going to break down every popular option for you.

Blackjack

If you're a fan of classic card games like poker, the scope of blackjack games offered by BetOnRed will certainly be to your liking. Among the titles developed by such prominent companies as Pragmatic Play and Evolution Gaming, you will find Live Blackjack, Infinite Blackjack, different variations of Azure Blackjack and Speed Blackjack, and many more.

Roulette

Among the wheel games popular in land-based and online casinos across the world, roulette is perhaps the most frequently chosen option. On the BetonRed site, you can find such variations of this game as Arabic Roulette, Immersive Roulette, Lightning Roulette, European Roulette, Mini Roulette, Speed Auto Roulette, and some others. The main game providers offering their products are Pragmatic Play and Evolution Gaming.

Baccarat

This card game, played against a dealer, is widely enjoyed by gamblers all around the world. As for now, there are no baccarat games offered to players at BetOnRed. However, we are keeping an eye on the casino section of the bookmaker, expecting an expansion of its gambling portfolio.

Slots

In the slot machine section of BetOnRed, you can find titles from such worldwide recognized providers as Amatic Industries, Spinomenal, Microgaming, NetEnt, Pragmatic Play, Evolution Gaming, Yggdrasil, Play'n Go, KA Gaming, Relax Gaming, and some others.

BetOnRed Casino

BetOnRed Bonuses & Promotions

8 / 10

Every decent sports betting company, especially a brand-new one, often encourages customers with generous deposit bonuses and other types of exclusive sports promotions. Usually, all bonuses sportsbooks can offer range from welcome packages to free bets, cashback, and even VIP loyalty programs. We have gathered the bonuses available to bettors at BetOnRed.

Sports Welcome Package

BetOnRed has a far more generous welcome gift than many other new sportsbooks. The package for all new customers includes three consecutive prizes for your first three deposits. Here they are:

  • First deposit bonus – 100% up to 100,000 NGN
  • Second deposit bonus – 75% up to 150,000 NGN
  • Third deposit bonus – 50% up to 200,000 NGN

The main requirement for obtaining each bonus is to deposit at least 500 NGN and to wager the bonus amount 6 times. Every bonus is valid for 7 days, so make sure to meet the wagering requirements and claim the rewards on time.

BetOnRed Bonuses & Promotions

Bettors' Lounge

If you’re looking for freebets Nigeria, this bonus is likely to catch your eye. Bettors' Lounge is an exclusive promotion that opens its door to all users of BetOnRed. The bonus features up to 4,500 NGN in free bets every week. In case you lose on any of your wagers, a free bet will be a perfect encouraging prize for your further winnings.

BetOnRed Odds & Margins

8 / 10

The odds and margins are important factors to take into account when choosing a bookmaker. New entries in a sports betting arena usually tend to offer stronger odds to their customers, often alongside generous bonuses, like boosted odds on selected sports events. However, be aware of a bookmaker's margin, as it's often higher for more popular sports types. For instance, bettors who make predictions football risk getting high margins even on the matches with the strongest odds.

In the table below, we have gathered the most common odds you can come across as Bet9,OnRed.

Betting margin

  • Baseball

    Baseball

    6.67%

  • Basketball

    Basketball

    6.67%

  • Cricket

    Cricket

    6.65%

  • eSports

    eSports

    8.9%

  • Football

    Football

    4.2%

  • Handball

    Handball

    9.25%

  • Tennis

    Tennis

    6.43%

  • Volleyball

    Volleyball

    4.7%

Overall betting margin: 6.7%

BetOnRed Mobile apps

7 / 10

Mobile betting apps in Nigeria are essential for punters who don’t have access to their laptops all the time. BetOnRed is a relatively new casino and sportsbook on the market, so it hasn't developed its official Android and iOS applications yet. However, the bookmaker has put some thought into providing all mobile users with a browser-based HTML5 version of the website. In this way, even if you want to place your bets on the go, you have a perfect opportunity to do so using your mobile device. There is a chance of wagering on sports from every corner of the world, as BetOnRed works smoothly and responsively on any modern gadget.

  • Android app: no
  • iOS app: no
You can play in the Mobile Browser

Mobile Browser

Proceed

You can play in the Opera Mini

Opera Mini

Proceed

BetOnRed Usability & Features

8 / 10

What we absolutely love about BetOnRed is its visual component. Among the best betting sites in Nigeria, BetOnRed certainly stands out in terms of usability. The website is stylish and minimalistic at the same time, devoid of any annoying ads or glaring banners. Everything you need for a comfortable and enjoyable betting or gambling experience is offered on a silver platter. A sports betting page contains separate categories for pre-match and in-play events. Besides, there is an individual shortcut for Sports Results, where you can view the outcome of any of the matches that took place the past week. A Bet Slip window, located on the right, allows you to view and place your bets in a matter of seconds.

  • Limitations
  • No separate mobile apps

BetOnRed Sports to bet on

8 / 10

At BetOnRed, a bettor has a choice of more than 35 sports to bet on, including the most popular choices among punters worldwide. Even though the bookmaker doesn't feature the rarest sports types like greyhound racing, there is still a range of less popular sports that can still give out considerable wins and a pleasurable betting experience. The rarer options offered by BetOnRed are kabaddi, lacrosse, snooker, supercars, table tennis, and water polo. Besides, bettors can bet on politics and TV games, which guarantees diverse and enjoyable wagering that is not limited to sports.

On top of that, BetOnRed is a good choice when it comes to wagering on popular leagues, tournaments, and other major events in the world of sports. For example, if you want to wager on a horse race, you can either place your stake on a single race or on a part in the big competition. And if you’re looking for a football sportsbook, BetOnRed will display a decent selection of single games and major leagues equally.

Credibility

9 / 10

Even though BetOnRed is a relatively new online casino and sportsbook, established only in 2022, it has already gained active and loyal players around the world. The list of available countries includes Brazil, Austria, Germany, Canada, the Czech Republic, Denmark, Greece, Hungary, Italy, Poland, Spain, Switzerland, Turkey, Portugal, Norway, and, of course, Nigeria. At the same time, BetOnRed is prohibited in the United Kingdom, Ireland, India, the USA, France, Russia, Lithuania, Azerbaijan, Indonesia, Australia, and Ukraine.

In terms of customer safety, BetOnRed has already gained not one but two operating licenses: one from the Curacao Gambling Commission, and another one from the Oyo State Gaming.

Payment methods: BetOnRed Deposits & Withdrawals

8 / 10

Deposits

The minimum deposit you can make at BetOnRed is 1,500 NGN. Notice, however, that the minimum amount for getting the bookie's welcome bonus is set at only 500 NGN.

The deposit methods available to customers at BetOnRed include Paystack Transfer, Paystack Card, Paystack USSD, and BudPay. BetOnRed is a crypto-friendly platform, which means that you can deposit your funds on the website via the most popular cryptocurrencies, including Bitcoin, Litecoin, Dogecoin, and Ethereum.

Withdrawals

The withdrawal limits set by BetOnRed for all customers are:

  • 1,050 000 NGN per day
  • 3,150.000 NGN per week
  • 6,300.000 NGN per month

The range of available withdrawal options at BetOnRed is the same as for the deposits: you can withdraw your betting winnings from the website via Paystack Transfer, Paystack Card, Paystack USSD, and BudPay. Besides, crypto methods are available as well. The usual withdrawal time is 2-5 working days for all classic banking methods and only 1-2 hours for credit cards and e-wallets.

Deposit funds & Withdraw funds
Amount Time Fees Amount Time Fees

Visa

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Mastercard

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

MiFinity

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Jeton

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Bitcoin

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Litecoin

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Ethereum

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Tether

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Ripple

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

TRON

1,500–1,050,000 NGN Instant 0% 1,500–1,050,000 NGN Up to 1-2 hours 0%

Support

8 / 10

Customer service is an important part of every decent and trustworthy sports betting platform. We always pay particular attention to channels of support offered by various bookmakers. In case a player has any questions about the functions of a website or a betting process, the customer support team must be on duty and ready to provide answers as fast as possible.

As for the channels of support offered to users at BetOnRed, you will have access to the 24/7 Live Chat and a support email address. In addition to that, the bookmaker has its own official Twitter, Instagram, and Facebook accounts, as well as a Telegram channel. Besides, customer support on the website is available in the English language, which is a perk for foreign punters.

  • 24/7 Live Chat on the website
  • Email address: support@betonred.ng
Support contacts

Phone

Email

support@betonred.ng

Live chat

Competence 0 / 5 4 / 5 4 / 5
Politeness 0 / 5 4 / 5 5 / 5
Response Time n/a Up to 3 hours Instant

Account verification

7 / 10

Before you can request your first withdrawal at BetOnRed, the bookmaker has the right to carry out all the required verification procedures. But don't be afraid of them, as they are usually fast and don't cause any additional problems. In order to verify your account at BetOnRed, you will have to:

  • Make photocopies of one of the official documents (front and back); the documents might include a passport, a national Identity Cards, and/or recent utility bills for address confirmation
  • Make additional copies of your credit or debit card, in case you intend to use it for transactions within the site
  • Send the attached KYC documents to the bookmaker and wait for a confirmation
  • Be aware that submitting fake or fraudulent documents is punishable and may result in the confiscation of all deposits and/or winnings from your account
  • As soon as your account is verified, you have the right to complete the first withdrawal of your rewards from BetOnRed

BetOnRed Betting Markets: Short guide

8 / 10

The most common bet types you can find at BetOnRed are single wagers, including parlay, accumulator, combo, and multi bets, as well as teasers. Apart from a proper bet type, there is also a betting market suitable for each sport individually. Follow our short guide to find out more about the most popular betting markets offered by BetOnRed.

Over/Under (Totals)

A particularly popular betting market for football, basketball, tennis, and other dynamic team competitions, Over/Under involves predicting whether a total number of points (or goals) in a match will be over or under a certain amount predefined by your bookmaker.

Asian Handicap

For Asian Handicap betting, your bookie chooses a favorite and an underdog before every game, giving the underdog an advantage of a certain number of points. Your task is to predict who will win the match and place your stake on the outcome that is most likely to happen.

Accumulator Betting

In Accumulator betting, a punter has to place a combination of at least 4 bets that comprise a single bet. However, the win is only possible if each one of the placed wagers wins, which makes this market both profitable and fairly risky.

Point Spread

In point spread betting, quite similar to handicaps, favorites and underdogs are picked at the beginning of the match. As a bettor, you have to wager on a competitor or a team that is likely to cover the point spread.

Money Line Bets

Money Line betting is the perfect way to start your sports wagering journey. These are simple wagers that allow you to bet either on a victory of one of the sides or a draw. Money Line betting is popular for all sports types and can be found for plenty of events at BetOnRed.

Prop Bets

There is a wide variety of Prop bets one can place depending on the chosen sports type. While placing a Prop bet, you ask yourself a certain question that you have to answer with your wager. For instance, there is a possibility to bet on the performance of an individual player instead of wagering on the entire team.

BetOnRed Betting Markets: Short guide

BetOnRed Licensing and Regulations

9 / 10

For a relatively new bookmaker, BetOnRed has already been provided with not one but two official operating licenses. The first license is issued by the Curacao Gambling Commission, and another one is from Oyo State Gaming. BetOnRed operates under the Curacao jurisdiction and complies with Nigerian gambling laws, which makes it a completely safe and verified gambling and sports betting platform. As for the additional means of ensuring customer safety, BetOnRed uses SSL encryption for transaction security, as well as blockchain technology for deposits and withdrawals that are processed in cryptocurrency.

How to place a bet in BetOnRed?

8 / 10

With the bookmaker's simple and comprehensible layout, bet placement becomes extremely easy and takes no more than a couple of minutes. In order to place your first wager on a sports match at BetOnRed, you have to:

  1. Log into your account and make a deposit
  2. Go to the Sports or Live Sports section
  3. Pick a sport and a match you want to bet on from the list
  4. Choose a suitable betting market and select an outcome
  5. Enter the stake amount in the Bet Slip
  6. Confirm your wager and wait for your first win

How to sign up in BetOnRed?

7 / 10

Follow our short guide that will provide you with all the information on how to register with BetOnRed.

  1. Click “Sign Up” button

    Find the bright green button on the top of the page and press it.
  2. Fill in all required fields with relevant info

    Enter your email and password in a pop-up window. Pick a country of residence and don't forget to confirm that you are 18 years old and that you accept the Terms & Conditions and Privacy & Cookie Policy of the website.
  3. Verify your account

    Go through the KYC process before you withdraw your first winning amount from the website.
  4. Well done

    After the registration process is done, you can start placing your bets on sports events with BetOnRed.

Is BetOnRed trustworthy? Final thoughts

8 / 10

Summing up the review of BetOnRed, we are glad to give this sportsbook a high rating among other brand-new bookmakers in the Nigerian sports betting market. Licensed by two respected commissions, this bookmaker is a promising fresh entry to the international sports wagering arena.

BetOnRed is a stylish and easy-to-use platform that caters to the tastes of even the pickiest bettors. On top of that, it is designed to be comfortable for Nigerian punters, providing them with the most popular payment methods and currencies. And a generous welcome package of three levels will be especially encouraging for all new customers on the website.

  • Limitations
  • No live streaming for in-play events
  • No Android and iOS apps

FAQ-section

? What is BetOnRed?
BetOnRed is a brand-new bookmaker that entered the industry in 2022.
? How does BetOnRed work?
BetOnRed works as an online sports betting website, operating in every modern desktop and mobile browser.
? What are the benefits of using BetOnRed?
BetOnRed is a safe, convenient, and crypto-friendly betting website that provides users with lots of decent options for sports wagering.
? What are the risks associated with BetOnRed?
Since BetOnRed holds two operating licenses and uses the latest encryption technologies for all transactions, the risks in using this platform for sports bets are eliminated.
? How easy is it to use BetOnRed?
BetOnRed provides users with a convenient Bet Slip section that allows them to place any wager in terms of seconds.
? What types of bets can I make with BetOnRed?
The most common bet types you can place with BetOnRed are Over/Under (Totals), Asian Handicaps, Point Spreads, Money Line bets, and Player Props.
? What is the minimum deposit amount with BetOnRed?
The minimum deposit amount at BetOnRed is set at 1,500 NGN and 500 NGN for a welcome package.
? What is the minimum withdrawal amount with BetOnRed?
The minimum withdrawal amount at BetOnRed is 1,500 NGN.
? Does BetOnRed offer customer support?
Yes, users can get in touch with customer support via Live Chat on the website or an e
? Who are BetOnRed's primary customers?
BetOnRed targets all Nigerian sports fans who wish to place some profitable and completely safe bets on their favorite and highly anticipated events.
Review Author

Kate Richardson

Kate Richardson

Strategic Betting Analyst: Expert in Developing and Implementing Data-Driven, Profitable Sports Betting Strategies.