Pstbet, founded in 2006, is without a doubt one of the best betting sites. Pstbet NG is licensed and regulated by the government of Lagos and the national government of Nigeria. Pstbet is an online slot machine that can entertain players of different backgrounds. Thanks to the unique card, it is one step ahead of most small and medium online betting sites. Proof of this is the partnership with Ladbrokes! This is more than just a convenient way to withdraw money for customers from the UK. Without further ado, our Pstbet review will provide you with the information you need. First of all, the Pstbet welcome offer and related conditions!
Create New Account
To register at Pstbet, you must click on the green-coloured “Sign Up” button, at the top-right hand side of your screen. As soon as you click on this button, the first step of Pstbet’s registration process will appear on your screen. In all, you must complete two steps of personal detail filling. As can be seen from the above-mentioned image, the first step of Pstbet’s registration process requires you to enter your mobile number (+234), choose a unique password, enter your first name, enter your last name, and enter your email address.
As soon as you have entered the above-mentioned details, click on the green-coloured “Next” button. As soon as you click on this button, you will be redirected to the final step of Pstbet’s registration process.
As can be seen from the above-mentioned image, the final step of Pstbet NG’s registration process requires you to enter your date of birth, enter your full address, and select your territory of residence. You must confirm that you are over 18 years of age, and that you accept Pstbet’s Terms and Conditions. As soon as you have entered the above-mentioned details, click on the green-coloured “Register” button.
As soon as you click on this button, a successful registration message will appear on your screen, along with your Account Number. As this stage, you can choose to deposit funds into your account immediately, or gauge the various markets on offer at the betting site first. Click on the green-coloured “Deposit Now” button, or the “Deposit Later” option accordingly. You may have to submit documents with respect to Proof of Identity, and Proof of Address, when you initiate your first withdrawal.
At the time of writing, Pstbet is offering a wonderful welcome offer bonus. Pstbet NG is offering a 50% welcome offer bonus, up to 20,000 NGN, on your first deposit – Certain terms and conditions apply for the same. You must wager your first deposit amount 3 times, on odds of 3.0 or more, within 30 days of registering at the betting site, to receive a Free Bet up to 20,000 NGN.
You can only wager on Sports markets, and Jackpots for the same. You will receive the welcome offer bonus amount, as soon as you have met the above-mentioned conditions – You can wager the received Free Bet amount without any hidden requirements.
At the time of writing, Pstbet is offering several sports-related promotional offers. Pstbet NG is offering a cash prize of up to 3,500,000 NGN, upon correctly predicting the first goal scorer in 4 selected football matches, each week. Entry to this promotional offer is free. For each round of the promotional offer, the total prize money on offer is 1,000,000 NGN, for correctly predicting each of the first four goal scorers in 4 selected football matches. If a round does not have a winner, the prize money will rollover to the next round, until it hits the maximum prize limit of 3,500,000 NGN.
The prize money is equally distributed amongst all the winners of a round, for winning customers from Uganda, Ghana, Nigeria, Kenya, South Africa and Zambia. Pstbet NG is offering a winning boost on placed pre-match Multiple Bets, up to 250%. You must place a bet on 5 or more selections, with each individual selection coming with odds of 1.2 or greater, to qualify for the welcome offer bonus. The total amount that you can win (Potential return + winning boost % amount), can reach a maximum of 50 Million NGN.
Deposit and withdrawal
As soon as you have registered at Pstbet, a successful registration message will appear on your screen. You can choose to deposit funds into your Pstbet NG account at this stage, or gauge the betting site’s various offerings first. To deposit funds into your Pstbet NG account, click on the green-coloured “Deposit” button, at the centre of the top of your screen. As can be seen from the above-mentioned image, Pstbet NG is offering 6 deposit options. Paystack Credit Card, Paystack Debit Card, and Paystack EFT come with no attached deposit fees. The former two come with a maximum deposit amount of 250,000 NGN, while the latter comes with a maximum deposit amount of 200,000 NGN.
Deposits made via GT Bank, and USSD M-Cash come with a deposit fee of 20 NGN, and 25 NGN respectively, while deposits made via Paga come with a Standard fee. The minimum deposit amount on offer at Pstbet NG is 100 NGN – Deposits are processed instantly. That being said, the use of Credit Cards will be banned as a whole, from the 14th of April, 2020. The only available withdrawal options on offer, are Paystack EFT, and Mobile Money. To withdraw funds from your Pstbet NG account, click on the green-coloured “My Account” option, at the top-right hand side of your screen, followed by the “Withdraw Funds” option. The Pstbet minimum withdrawal amount is 100 NGN – Withdrawals may take up to 2 business days to be processed. You may have to submit documents with respect to Proof of Identity, and Proof of Address, when you initiate your first withdrawal.
At the time of writing, Pstbet has no mention of a VIP Program, or a Loyalty Reward System on its betting site. That being said, we contacted a customer support representative with respect to the same – According to the representative, Pstbet is offering a VIP Program.
While you cannot join the VIP Program on your own, a member of Pstbet’s VIP Team will reach out to you, after having monitored your betting activity, and the amount of real money you stake on sports betting on a regular basis, among other criteria – Pstbet’s VIP Program comes with several perks, and bonuses.
At the time of writing, Pstbet NG is offering odds on over 20 sports. The betting site is offering competitive odds on popular sports-based markets like Football, Basketball, and Tennis, as well as unique sports-based markets, like Biathlon, Darts, and Futsal – This ensures that punters of all tastes, shapes and sizes, have a betting market of their preference to choose from, and punt on. As is advertised, the minimum stake that you can place on a sports-based market is 100 NGN, while the maximum stake differs from sport-to-sport, and depends on the number of selections that you have made, and the odds that you are backing.
The Pstbet maximum payout is 2,000,000 NGN for placed Single Bets, and 4,000,000 for placed Multiple Bets.That being said, you must conduct due research at all times, and perform your due diligence. A betting site may be offering a better quality of odds when compared to the odds on offer at Pstbet NG, and you are better off placing a bet on that betting site. Never stick to just the one betting site – Your betting portfolio must consist of multiple options. You must determine the bookmaker’s margin for a betting variant, before punting on it. Bookmaker’s margin in essence, is the margin of profit which a bookmaker commands over you.
Higher is this margin, lesser are your chances of reaping a profit off a placed bet. You should look to punt on betting variants with a margin nearer to the ideal market mark of 100%, rather than the 110% mark, or above. To calculate the bookmaker’s margin for a betting variant, you must calculate its Odds Overround. To determine the Odds Overround for a betting variant, you must divide all the decimal outcomes of that betting variant, by 100. Add the resulting numbers together. With the help of the resultant number, you can determine the Odds Overround for that betting variant.
To put things into perspective, we calculated the Odds Overround on offer, for a match to be contested in the eSoccer Liga Pro. The Odds Overround were found to be 109.95, which indicates that Pstbet NG is offering an excellent quality of odds – Given the fact that we are dealing with an eSports-based market in this example – Which are competitive in nature, as well as an active brand of sports-based markets.
It is if no real surprise that eSports betting has taken off up late. Millions of gamers and punters are tuning into eSports-based tournaments, several of which take place on an annual basis. You must conduct due research at all times, and place a bet on an eSports-based market accordingly. At the time of writing, Pstbet NG is offering odds on League of Legends, Dota 2, Counter-Strike: Global Offensive, StarCraft, Call of Duty, Rainbow 6, King of Glory, and Overwatch-based markets.
As is advertised, the minimum stake that you can place on an eSports-based market is 100 NGN, while the maximum stake differs from eSport-to-eSport, and depends on the number of selections that you have made, and the odds that you are backing.
Mobile application and website
At the time of writing, Pstbet is offering an excellent Sportsbook app for both Android, and iOS users. To download the Pstbet app as an Android user, you must visit the betting site’s mobile-friendly website, via your Android-powered mobile phone. As an iOS user, you must download the Pstbet app via App Store. Via Pstbet NG’s app, you can punt on thousands of live betting markets on a monthly basis, without having to worry about opening your computer system – You can bet on the go!
What’s more, Pstbet NG’s Sportsbook app is user-friendly, uses less data, loads faster than the betting site’s desktop website, and comes with several added perks – You will also receive notifications with respect to popular upcoming events.
The same promotional offers are on offer at the app, as are on the desktop version of the betting site. As has been mentioned before, Pstbet NG is offering a mobile-friendly website as well, which is perfect for customers who do not want to use or download an app.
At the time of writing, Pstbet is among the best in the business, when it comes to its live betting arena. To access Pstbet NG’s live betting section, click on the “Live” option, which is present on the betting site’s main navigation bar. As soon as you click on this option, you will be redirected to the betting site’s live betting section. As can be seen from the above-mentioned image, Pstbet NG is offering a plethora of live betting markets. Click on a market of your choice, to place a bet.
Pstbet NG is offering a wide variety of betting variants to choose from, a live scorecard with second-by-second live updates for an in-play match, an option to live stream select matches, an option to Cash Out, if you desire to do so, and a form curve for select matches, which enables you to decipher the direction in which an ongoing match is swinging.
Pstbet NG is offering thousands of live betting markets, on a monthly basis. What’s more, you can live stream the matches on offer at the betting site, on your mobile phone as well. If you click on Pstbet NG’s main menu button, at the top-left hand side of your screen, you can access Pstbet NG’s “Stats Centre”, and “Pstbet Insider Blog”.
Via the “Stats Centre” section, you can gauge the statistics on offer for several sports, and formulate an effective betting strategy, while the “Pstbet Insider Blog” section, comes with the latest news pertaining to the sports on offer at the betting site, and much more.