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Lionsbet: All Questions And Answers

How do I open a lionsbet account?

Opening a LionsBet account has been made easy. All we need you to do is visit their homepage- www.lionsbet.com  by clicking here right now you will be taken to  ''Sign Up'' page . Once this is done, please follow the basic steps outlined for an account to be created. Betting would begin to take place as soon as your account has been created and funded.

How do I place a bet on lionsbet?

To place a bet, we would need you to please have an active and funded LionsBet account with a minimum of N50. Then you log on and navigate to the left hand side of the page. Please select the type of sport, league and category you wish to place a bet on as you choose a bet type. You bet slip would immediately become visible at the top right hand corner of our Lionsbet page. Enter the amount you wish to bet with in the ''stake box'' and then click on ''place bet''. You would be issued a bet slip afterwards.

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I have lost my password what do I do?

You would be able to do so by clicking on the ''forgot your password'' tab found at the top of our LionsBet homepage after entering your username. The system immediately initiates a password recovery process for you.

What features do my LionsBet account have?

You Lionsbet account has an easy to use self service menu. It is enabled with a control panel for deposits, withdrawals, bets and a host of other transactions to be carried out while logged on. The ''My Account'' platform enables you keep a tab of your current balance, bet history, deposits, withdrawals and other activities carried out on your account.

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How do I deposit money into my LionsBet account?

Funding your LionsBet account has been made easy. You would be able to make use of our Web Pay platform with your Debit/Credit Card, Quick Teller (Web and ATM) and a Pay Direct means at any of the registered banks nearest to you. These four ways have been carefully thought out for your ease and convenience.

In which currencies can I bet?

Currently you can bet in the following currency: Nigerian Naira.

How do I withdraw my winnings from my account?

To make withdrawals on your Lionsbet account, you would be needing to proceed to the ''payout'' section while logged on. Select the payment option most suitable to you, input the required details and then click ''Next''. Your withdrawal would be processed instantly.

Can I withdraw my money back without placing bets?

You will be unable to withdraw your deposit, only your winnings can be withdrawn. It will be considered as a fraud to withdrawal your deposit if a bet placed has odds lower than 1.2

How does a customer check his transactions on his LionsBet account?

You would need to be logged on and proceed to the ''Account Overview'' tab on the right hand corner of the page. You could also make use of the link (https://www.lionsbet.com/transactions).

Can I fund my account from my phone using WebPay or QuickTeller?

Yes, LionsBet has mobile payments for deposits and withdrawals.

What is the minimum deposit?

The minimum deposit is N50.

What is the maximum stake?

The maximum stake is N1,000,000.

What is the minimum stake?

The minimum stake is N50.

What are the daily minimum/maximum withdrawal amounts?

The minimum daily withdrawal is N1,000 while the maximum daily withdrawal is N500,000. You would be able to make a successful payout twice daily.

Is there a limit to the number of times I can place the same bet?

Yes. You can only place the same bet a maximum of 5 times.

Can I cancel an already placed bet?

You will be unable to edit or cancel an already placed bet.

What is the timeframe for a withdrawal to be processed?

Our payouts are instant less then 10 min. However, it may take a maximum of 24 hours for the process to be complete if there are any bank related network issues, or verifications of accounts.

Do you offer bonuses/promotions?

Yes please. We have an array of bonuses and promotions. There is a ''Combination Bonus'' up to N5,000,000. This is calculated on accumulator bets of 3 or more events with odds from 1.2 and above. We also have a first deposit bonus of 100% which enables you receive a maximum N30,000. Additionally, we have promotions such as Cashout, Cashback, Weekly Freebet, Frequent Player Points, Deposit Achievements and Affiliate program. Cashout allows a customer to get a part of their possible winnings back before the placed-bet is over. The cashback enables a customer to get a percentage of his/her losses incurred during a given period. Minimum of 5 matches on betslip, 1.3 minimum games odd. FreeBets is a service that rewards loyal customers with a certain amount for bet placement after having reached a set limit of stake amount. FreeBets have an expiry date of 1 week, minimum odds for single bet 1.2 for accumulator also 1.2 on each game. The Frequent Player Points enables a customer to accumulate redeemable points (virtual amount) which can either be withdrawn or used to stake bets. The Frequent Player Points meter will show when you go to account and click on bonus and scroll down. Once you reach 1,000 points click on payout and automatically the points will be exchanged to naira and sent straight to your winning balance. The Deposit Achievements is a service that rewards loyal customers by ensuring that they are rewarded for attaining a set deposit amount, such rewards can either be used to place bets or withdrawn. Once you reach 100,000N in deposit you can request for payout, which is 1% of your deposit.

How do I change my bank account details?

You would be unable to change your bank account details on your own. Please contact our customer support for requirements to do so.

What is First Deposit Bonus?

The ''First Deposit Bonus'' is a service which gives you 100% bonus on an initial deposit in a LionsBet account up to N30,000. This means that in the instance where an initial deposit is above N30,000, your Lionsbet bonus account will be credited with N30,000. For example, where an initial deposit of N31,000 is made, your main account would reflect a balance of N31,000 and the bonus account would have N30,000 which is the maximum first deposit bonus amount. You would be unable to withdraw winnings from the bonus given without wagering on five(5) events or more on a bet slip with the bonus value given, on individual odds of 1.2 and above. You would also need to rollover your bonus value 5 times and once this condition is met, the system would collapse/merge your bonus account with your main account for winnings to be withdrawn instantly. Please be informed that the first deposit bonus comes with a life cycle of 30 days from the time it was credited.

What is a banker bet?

Banker bets are placed on favorites, which are expected to bring certain profit where a selection must win in order to guarantee a return.

What is the meaning of Double?

Double bet can be used when 3 or more selections are chosen whereby your chances of winning are more favorable since your stakes will be calculated individually for each combination. Example: Match A with odd 1.5, Match B with odd 1.4 and Matchr wa C with odd 1.6 Choose a stake of N50.00 and the total stake will be N150.00 Three possible ways to win: Match A and B where 1.5 * 1.4 * 50 = N105.00 Or Match A and C where 1.5 * 1.6 * 50 = N120.00 Or Match B and C where 1.6 * 1.4 * 50 = N112.00. Incase the "Add Accumulator" is checked before placing the bet a combination with all 3 matches will be added to the three above mentioned: Matches A, B and C where 1.5 * 1.6 * 1.4 * 50 = N168.00 If all three predictions were won the total return will be 105 + 120 + 112 + 168 = N505.00

What is the meaning Four-fold, Five-fold…etc.?

All the fold bet combinations can be used when 5 or more selections are made. This type of bet is used to increase your chances of winning, keeping in mind that the stake will be multiplied by the total numbers of combinations chosen. Example: For a four-fold bet on 5 matches and stake of N50, total stake will be N250 while total stake for a four-fold bet on 6 matches will be N750. For a five-fold bet on 6 matches and stake of N50, total stake will be N300 while total stake for a five- fold bet and 7 matches will result in a total stake of N1,050. For more info kindly contact our support team on support@lionsbet.com

What are the charges associated with funding my LionsBet account?

The use of the Web Pay and Pay Direct platforms come at no cost (i.e. Free). However, you would be charged N100 for making use of either of the Quick Teller options (Web and ATM). This is a standard service charge from inter-switch.

What happens to a postponed event?

The postponed event will be settled as void and your stake returned to you, if the event is not rescheduled within 48 hours. For further details, please contact our support team.

Can I place bets on the same events with both my main balance and my bonus balance?

You would be unable to do this on the same event as the system would decline issuing the bet slip. For example, you would be unable to select the home team to win from an event between Chelsea and Manchester United with your main account and select the away team to win with your bonus balance.

Would an individual be able to create more than one LionsBet account?

It is strongly advised that an individual has only one LionsBet account. In the event where a duplicate account has been created mistakenly, please contact our support team for immediate assistance on how to close the duplicate. Duplication of unreported accounts will result in accounts closure and funds in such accounts will be forfeited.

Can I use the same ATM card to fund different accounts?

Funding different accounts using the same card is strictly prohibited, and will result in accounts closure and funds in such accounts will be forfeited.

What happens if I open multiple accounts and I make use of the Bonus?

All customer offers are limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. debit or credit card,etc), and shared computer, e.g. public library or workplace. We reserve the right to withdraw the availability of any offer or all offers to any customer or group of customers at any time and at our sole and absolute discretion. Offers only apply to customers who have made an actual/real money deposit with Lionsbet

What is a booking point?

Booking point is the point allotted to the cards given during the game of soccer, one (1) Yellow card = 10 booking points, one (1) Red card = 25 booking points, two (2) yellow cards leading to automatic red card = 35 booking points.

What is the reason for a deposit transaction that takes up to 30 min to show?

To complete Interswitch transaction instantly kindly complete checkout on webpay gateway and back to betting system with callback. If you break flow in the middle then betting system will not get callback and will have to wait 30 minutes according to Interswitch rules to call for status of the transaction.

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