LionsBet offers a large number of football markets to punt on
LionsBet offers odds on 20+ sports, at the time of😄 writing
The bookmaker offers competitive odds, and active markets
At the time of writing, there are 20+ sports on offer, at LionsBet.😄 While Football is the most popular sport on the bookmaker, LionsBet offers enticing odds on several other sports, including the😄 likes of Basketball, and Tennis, among others. The bookmaker offers odds on several unique markets as well, including Futsal, Darts,😄 and Snooker, among others. To put it into perspective, LionsBet offer markets to suffice the tastes of almost every punter.
The😄 minimum stake amount, when it comes to LionsBet’s Sportsbook, is 50 NGN, while the maximum stake is 1,000,000 NGN. You😄 must always gauge the terms and conditions associated with a bet, look at the odds offered at several different bookmakers,😄 and place a bet on a bookmaker, in due accordance to the best odds on offer.
Some bookmakers will offer you😄 better odds for a bet that you want to place, so it makes sense to place a bet on those😄 bookmakers, rather than punting on a bookmaker, that will offer you lower odds for the same bet. In essence, bookmakers😄 earn off bookmaker’s margin, and you must be able to determine this number, in order to figure out whether it😄 is worth punting on a bookmaker.
The margin above a 100% market refers to bookmaker’s margin, and it is the margin😄 of the profit which a bookmaker holds over you. A margin which exceeds the 110% threshold, is not worth punting😄 on, as you are more likely to lose the placed bet, than not. To determine bookmaker’s margin, you must calculate😄 the Odds Overround for a bet. This is an easy process, which involves you converting fractional odds, into the decimal😄 form, for each outcome of a bet.
You must then divide each individual outcome by 100, and add the outcomes together.😄 The resultant number is the Odds Overround for that bet. To determine the competiveness of the odds at offer, at😄 LionsBet, we determined the Odds Overround for a match in the English Premier League. The Odds Overround were found to😄 be 103.09, which indicates that the market is active, and that the odds at offer, at LionsBet, are of a😄 competitive nature indeed.
See the list of most popular betting terms and markets here.
Esports
Esports are extremely popular among the young generation,😄 and is of no surprise that LionsBet offers several Esports markets. To access LionsBet’s Esports sections, click on the respective😄 Esports that you would like to punt on, via the markets column, present on the left hand side of your😄 screen.
At the time of writing, LionsBet offers odds on Call of Duty, Overwatch, Rainbow 6, and FIFA (Unspecified Version). There😄 are several tournaments which take place in due course of the year, so perform your due diligence, and punt on😄 a team which is most likely to win.
That being said, LionsBet offers different minimum and maximum betting limits, when it😄 comes to placing a bet on an Esports market. These limits depend on the odds that you are backing, and😄 the selection/selections that you have made.
Read our guide to Esports Betting here.
Other Specials
LionsBet offers several enticing Specials markets, including the😄 likes of Entertainment, and Politics. To access LionsBet’s Specials section, click on the “Specials” option, which is present along with😄 all Sports, and Esports markets, on the left hand side of your screen. When it comes to Politics, LionsBet is😄 offering odds on the US Presidential Election – Next President, and US Presidential Election – Winning Party, at the time😄 of writing.
When it comes to Entertainment, LionsBet is offering odds on several markets, for the Oscars 2024, at the time😄 of writing. That being said, LionsBet offers different minimum and maximum betting limits, when it comes to placing a bet😄 on an Esports market. These limits depend on the odds that you are backing, and the selection/selections that you have😄 made.
Cash Out and Bet Builder
At the time of writing, while LionsBet does come with an option to Cash Out, it😄 is currently under maintenance, and we are not sure when it will go live. Nevertheless, Cash Out allows you to😄 receive partial winnings on a bet, if you feel that you may go on to lose a placed bet.
That being😄 said, the amount of money returned to you, depends on the odds being offered at the time of cashing out,😄 and the time at which you decide to Cash Out – You may go on to receive more, or less😄 than the amount you initially staked.
Unlike many popular bookmakers, LionsBet does not offer its customers Bet Builder. We hope that😄 LionsBet works on this, and offers Bet Builder in due course of time.
Check our extensive guide to Cash Out betting😄 here.
Click here for an article about Bet Builder.
