Betfarm Review


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Betfarm Sportsbook Review

Berfarm is one of the most recent Bookmakers to get into the ever-growing online sports betting companies in Nigeria. Launched way back in 2018, Betfarm offers over 700+ different betting markets that comprise of the casino, virtual games, and even the live casino. These are some of the things most players from Nigeria are not able to access from the other types of bookmakers in the market. Betfarm does take lots of pride in its excellent customer support service, together with its fast and blazing play out and withdrawal times.

Betfarm is one of the few companies in online sports betting in Nigeria that is customer-centric. It merely means that almost every type of service they offer right from the high competitive odds in the betting market to their great bonuses and promotions. It is a betting firm that, within the short time it’s been in the market, has managed to operate in the gambling industry and has always put its customers at the forefront to gain a considerable market share.

Betfarm — Nigerian Sportsbook Review

As a wager, you can always have trust in Betfarm since they still have your interest at their heart, and since they have received licensed to carry out their operations in Nigeria. It is an extremely reliable bookmaker that has a bright future if they continue with their trajectory.

In this review guide, we have provided you with all the essential information that will help you open an account to know how to make deposits and withdrawals in your account and placing bets. We will also provide you with the latest information about Betfarm bonuses and promotions.

Betfarm License

Currently, Betfarm operates under the Betfarm Entertainment Limited banner, and it is fully licensed and regulated in Nigeria. It is among the few online sports betting companies based outside the Federal Capital Territory of Abuja. With a license No PPL 08059, Betfarm is one of the most popular betting sports services in Nigeria. It offers the widest variety of games and events such as E-sports, live casino, sports, pools, virtual, etc. Being licensed by the Nigerian government has enabled most of the bettors in Nigeria to have lots of trust and faith in its operations.



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Betfarm Sportsbook

Currently, Betfarms is only offering a single sports-related promotional offer. Its betting site is offering to cut one insurance 500% on your initial stake. Some specific terms and conditions apply for the same. For instance, you must always place a football multiple bet with 15 or even more selections.

There are always markets where you can punt on the correct score, first goalscorer, match result, anytime goalscorer, and last goal scorer. It is also important to note that every individual selection should also bear 1.6 odds or more. If any of the selection cuts, Betfarm will have no option but to make a 500% payment to you on the initial stake.

For instance, in case you decide to wager 1,000 NGN of multiple bet, on football while at the same time fulfilling all the criteria mentioned above in your quest to win up to 25,000 NGN. If any of your selections does result in a loss, Betfarm will, for sure, make a 5,000 NGN payment to you as compensation. Currently, Betfarm is offering promotional offers that are casino-related. However, there is lots of hope that the Betfarm betting site will provide more sports-related promotional offers in the coming days.

Betfarm Registration Process

The data accuracy of any bettor is a condition for the Betfarm products. Management of funds in the Betfarm account will be implemented in a similar method as that of a bank account. You will be required to enter your first name, last name together with your current residential address. When you enter your date of birth, you will be making a verification that you are of the legal age and qualify to use the Betfarm services. It is also of great importance to provide your email address just in case you forget your password or are interested in Betfarm notifications.

Here is the registration process

  • Open the official Betfarm website
  • Click on the yellow-coloured register button located at the top centre of the screen
  • You will then be required to fill in the registration form
  • Verify the email address you provided
  • However, you must fill in your first name, select a gender, enter the date of birth, email address, and get a unique username.
  • You will also have to create a password
  • Select your country of residence in this case Nigeria
  • Choose the state of residence
  • Select your preferred currency
  • Enter the mobile number
  • Ensure you tick the box to confirm that you are above 18 years old and that you have gone through the terms, conditions, and the privacy policy
  • After entering all the details required, click on the green submit button

How to Bet On Betfarm?

Most new users usually wonder how they will be able to place their bets on Betfarm. Below is a step by step guide on how to place a bet.

  • Log in to the Betfarm using your right username and password
  • Choose one or several bets from the lineup
  • Click on the estimated outcome
  • The chance will appear in the bet slip located on the right hand of the page or at the bottom of the screen in case you are using your mobile phone.

Bonuses and Promotion

Betfarm offers two great welcome offer bonuses. Immediately you are done with registering your new account and making a deposit of at least 100 NGN into your Betfarm account. You will be awarded a 500 NGN free bet.

However, you will only be in a position of using the free bet on a single placed bet, or a first goalscorer market within seven days after getting the free chance. The betting site will offer you a great welcome bonus as well. The Betfarm does offer a 1005 welcome bonus on the first three deposits made of up to 20,000 NGN each.

You will have to opt into the welcome bonus offer using the betting site’s bonuses section. The minimum amount of deposit you can make is 1,000 NGN, while the maximum amount of deposit you can make is 20,000 NGN.

To convert the bonus funds into real money, you will have to wager the bonus amount at least once by placing the accumulator bet with five or more selections at odds of 2.0 or higher.

You must note that the maximum winning you will be able to derive from a bet placed to meet the wagering requirements is 20,000 NGN. However, the bonus amount will always be declared void after seven days when you claim it.

Payment Methods

Deposit Options
  • Credit card
  • Debit card
  • Instant Bank Transfer
  • ATM deposit
  • Paystack
Withdraw Options
  • Verve
  • Paystack
  • Credit Card
  • Debit Card

Currently, Betfarm does offer several options for making deposits when compared to its competitors in the market.

The players should never worry since the options offered are more than enough for all the Nigerian players to make deposits.

The deposits are instant, and they do show up in your Betfarm online account immediately you have the money in the bank account or other means of payment.

The Betfarm withdrawals are usually processed within minutes. They take up to 30 seconds for the money to be reflected on the bank accounts, even during the weekends. In case of delays, it can, in most cases, be because of the bank, and it can last from 30 minutes to a few hours.

Deposit Options

There are several methods you can use to deposit in your Betfarm account. We will be looking at making a deposit using the GTBank.

  • Login into your GTbank app by entering the right username and password
  • Click on Sports and Gaming in the menu section
  • Scroll down and click on Betfarm
  • Click Fund bet farm wallet
  • Enter your Customer ID and Amount

When using the GTBank Internet Banking

  • Login to GTBank website
  • Head to the menu panel and click on payments & collection
  • Click on sports & gaming
  • Scroll down to Betfarm and click select
  • Choose to make payment
  • Enter the customer ID and amount

Using GTBank Branch Walk

  • Get into any GTBank Express or GTBank Branch
  • Get to the bank officer and inform him or her that you want to pay a bill using the GTCollections.
  • Fill in the deposit for by writing your Betfarm name as the beneficiary
  • Enter the player ID as the account number together with your name and the amount you want to fun
  • Return the form to the banking office, and he or she will help credit your account immediately

Some of the most deposit option currently being used includes:

  • Credit card
  • Debit card
  • Instant Bank Transfer
  • ATM deposit
  • Paystack

Cash-Out Options

To withdraw funds from your Betsafe account, you will do the following:

  • Click at the image profile at the top row of the page
  • Click My Wallet
  • Click Withdraw tab and choose the method of withdrawal
  • Put in the amount you intend to withdraw
  • Following the proceeding instructions and your withdrawal will be received within 30 seconds.

You can make a withdrawal using the following

  • Verve
  • Paystack
  • Credit Card
  • Debit Card

Betfarm Website — Sportsbook in Nigeria

Betfarm Mobile App Review

The Betfarm mobile app is widespread among Betfarm users. Most bettors do recognize it as it can be seen by the high number of bettors using it.

It is a much-secured platform and loads very fast. The Betfarm offers Android, Ios, and desktop apps. You will be able to see everything you want to know when you log in, such as the live tabs, sports tabs, and promotions tab. There will also be different live games, casino games, and jackpot stuff on the leading navigation platform.

Betfarm Nigeria Support Contacts

It is possible to contact the customer support at Betfarm using an internal message, free phone, Email, and Live Chat. Although its customer support service is advertised to be around 24/7, you can only make contact with a representative via a free phone from 8.00 to 18.00 GMT from Monday to Saturday.

  • You can easily access the contact us page section bet visiting the website
  • To make a call to any customer support representative, you will have to dial +234 814 990 6640.
  • Click on the green-coloured send message button to send an internal message.
  • It is also possible to initiate a live chat that can lead to a faster resolution of problems. All you will have to do is click on the green-coloured chat now button. You will immediately be redirected to a new tab. You will have to enter your full names, mobile number, the department you want to query, and the message you want to ask before you can proceed to the live chat.

Another option is sending an email to [email protected]. There is also an in-site email sending template in which you will have to enter your full name, email address, mobile number, and the issue plus attaching the screens. Replies will always be within a day.


Pros and Cons

There are a number of pros and cons you will always come across when using this Betfarm online sports betting site. Below are some of the common pros and cons you will always encounter.

  • Very easy to use
  • The design is very appealing
  • Many methods of making deposits
  • Withdrawals take at most 30 seconds
  • Has a very responsive customer support


  • The mobile app takes a lot of space on your phone
  • The customer support can at times take some time to reply to the emails
  • The odds are quite low when compared to other bookmakers

Who Owns Betfarm?

Currently, Betfarm is owned and operated by Betfarm Entertainment Ltd. It is regulated and licensed in Nigeria with the license number No PPL 08059. All the content and data available on the Betfarm site are property of Betfarm together with its partners and can never be used without their permission.