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iLOT: Latest on the High-Quality Sports Betting Site in Nigeria

By Oluchukwu Ikemefuna

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iLOT is an original Nigerian sports betting company that was established in June 2021. 

Since then, they have expanded greatly and gained respect from the local betting community. 

The National Lottery Regulatory Commission of Nigeria has granted Lucky9ja Lotto Limited a valid sports betting permit to operate iLOT. 

With the protection of your money and private data, this license guarantees that they are properly controlled and follow local laws and ordinances.

Since iLOT is a local sports betting site, it makes sure that payments are processed as quickly and easily as possible. 

They accept a variety of well-known payment gateways, as well as the majority of regional banks. 

It’s also important to note that they feature an astounding array of different perks, promotions, and deals.

Being a native Nigerian business, iLOT NG guarantees the quickest and easiest possible processing time for all payments. 

They support several well-known payment gateways, as well as the majority of Nigerian banks. 

It’s also important to note that they have a staggering assortment of bonuses, promotions, and exclusive deals. 

Even though the majority of regional bookmakers are still foreign-owned businesses, iLOT is based in Nigeria. 

BetBonanza is the only other sportsbook that was established by a Nigerian business.

Why do so many Nigerian sports fans choose iLOT NG as their “go-to” betting platform, and what exactly is it that attracts so many new users to the site? 

That could be due to a number of factors, all of which we intend to discuss in depth in this article.

iLOT NG Registration

To begin with, as you are a new user, you will need to register, so let’s look at the process:

  • Using your phone number or email address is one of two ways to register for an account.
  • You will receive a confirmation code by text message if you choose to register by phone. 
  • To register by phone, provide your phone number. 
  • Your account will be set up as soon as you enter the code on the registration page.
  • Later on, you can modify your password and add personal data.

Creating an account with your email address is much the same procedure.  An email with a confirmation link will be sent to you; all you have to do is click it to complete the setup of your account. 

After completing the previous step, you will receive a follow-up email with your password in it. Later on, you can modify your password.

Whichever registration method you choose, the process of making a new account will take about a minute.

Read Also: How to borrow airtime and data from MTN in Nigeria, Ghana, South Africa, and Kenya in 2024

Welcome offer on iLOT’s website 

The structure of iLOT’s welcome offer is very unique in that the bonus amount you receive for making your first deposit is contingent on the amount you deposit. 

In the event that you deposit between ₦10,000 and ₦20,000, you will receive a maximum bonus percentage of 100% credited to your account. 

A welcome bonus of 80% will be awarded for deposits between ₦2,000 and ₦10,000, while deposits under ₦2,000 will receive a 50% bonus.

The wagering requirements are what really make a difference, even though the percentages themselves aren’t as high as you may have seen elsewhere. 

For a 50% incentive, the turnover requirement is five times, and for a 70% bonus, it is six times. You must use your bonus money to place accumulator bets on three or more picks. 

The minimum odds needed for each selection is 1.30, which is the lowest odds requirement we have observed thus far.

Customer Support

Local sport betting businesses have the advantage of having phone support; the majority of Nigerian bookmakers do. 

Not even iLOT is an exception; you can contact them at one of their two support phone numbers for help or advice in any situation.

You can send an old-fashioned email in addition to calling help. If you have any data to send along, such as screenshots or transaction confirmations, this would be helpful.

And last, you can ask for help on Whatsapp, which is also very helpful since most of us use it on a daily basis for personal purposes.

Read also: How to Check UIF Status & Balance 2024

Sport betting section and odds

iLOT now provides sport betting on over ten sports, and we fully anticipate them to add additional sports in the future. 

You won’t miss anything because this section includes all of the most popular sport betting. To give you a clear idea of what to expect, we will examine the football betting section in more detail.

There are around 800 football games available every day, encompassing both major international events and smaller ones.

With over 300 markets in most sports, the variety of sport betting options available is really astounding. This is far more than what is offered by the majority of regionally owned bookmakers.

1. LIve Betting

Naturally, live betting is offered as well and appears to be just as good as the pre-match area that was previously discussed.

Between 50 and 100 live football games are covered throughout the day, depending on the season. While the game is live, there will always be at least 70 markets with open trade. Until the very last seconds of any game, wagering is permitted.

Let’s examine a genuine match from the Club Friendlies competition. 

There are 168 markets available for betting as the game begins and progresses through the first half. For apparent reasons, there are fewer markets open as halftime approaches, but there are still 68. 

You might just find what you’re looking for here if you’re wondering where to wager with 50 Naria because iLOT also permits small bets.

More than 100 markets are open at the beginning of the second half—149, to be exact. There are constantly more than 80 open markets in the game. That is how it continues until the very end of the match.

2. Virtuals

You can wager on traditional sports as well as virtual ones. 

If you’re unfamiliar with the term, virtual events are simulated sporting events in which you can wager just like you would in a real game. 

You can select from a variety of virtual football leagues on iLOT, including the England League, Italy League, Spain League, and Virtual Cup.

 If you want to try something different and take a break from actual sports, this is an excellent substitute. 

Sports covered by iLOT; Football, Basketball, Tennis, Table Tennis, Rugby, American Football, Baseball, Ice Hockey, Volleyball, Snooker.

Deposit and Withdrawals

Since Paystack processes all payments, you should be able to fund your account or withdraw using any Nigerian bank. To fund your player account, you can utilize a direct bank transfer, credit card purchases, or online banking. 

You must link your bank account and iLOT player profile in order to request a withdrawal .As an alternative, you can add money to your iLOT account via the Palmpay app.

You can only deposit a minimum of ₦100. You can withdraw a minimum of ₦1,000.

See Also: New M-Pesa Transaction Charges 2024 

How to make a deposit 

Visit ilot.ng and log in with your password, email address, and phone number. 

You can sign up for an OTP and reset your password by entering it on the login screen if you can’t remember it and can’t log in. Your current balance should be visible in the upper right corner of the screen as soon as you log in. 

When you click the balance icon, the account management page will open and a green “Deposit” button will be visible. 

Once you click that button, the payments page will open.

You can select between Paystack and Palmpay on the payments page; select the one you require and proceed with the payment by following the instructions.

Adding more information may be required, depending on the payment option you choose. This is the case, for instance, with bank transfers, when you must provide your account number.

 All you have to do now is follow the directions to finish your deposit.

iLOT withdrawals – How it works

Withdrawing money from iLOT is quite easy, but you need a working bank account that is connected to your player profile. If you haven’t already, let’s go over the steps together so you are clear on what has to be done. 

Three easy steps make up the process: creating a withdrawal password, confirming your phone number, and verifying your email address.

Your current balance should be visible in the upper right corner of the screen when you are logged in.

 To access the account administration page, tap your balance. Next, a “Withdraw” button will appear; click it to begin the procedure.

If this is your first time, you will need to provide your email address to pass a security check. Get a one-time password (OTP) sent to your email address, which you should enter on iLOT.

Binding your phone number to your player account is the next step. The process is the same: get an OTP by text message, then enter it on the website or application. 

Your iLOT NG account will now be linked to your phone number.

Lastly, you will be required to create a password for your withdrawal. 

You must provide this new password each time you request a withdrawal; it is different from the password for your existing account.

After completing each of the aforementioned processes, you can request withdrawals whenever you have enough money in your iLOT wallet and link your bank account to your player profile.

Identity Verification

Generally speaking, iLOT can simply confirm your identity using the data you provide at several points during the registration and withdrawal procedure. 

However, there may occasionally be certain things that are left out or that need to be checked.

In certain situations, iLOT may request that you provide many documents to prove your identification. 

The items that you will need to supply are:

  • a picture of your identity paper (national ID, voter ID card, foreign passport picture page, drivers licence, etc.)
  • Documentation of habitation, such as a recent utility, electricity, or phone bill, attesting to your present address
  • a recent statement from your bank, no more than three months old

Please remember that you won’t typically be prompted for this information.

 If an iLOT representative contacts you, you should only take action.

Promotions at iLOT Bet

With iLOT’s promotional offerings, both new and returning players will always have something exciting to look forward to. 

Regular deposit bonuses, free bets, and accumulator bet enhancements are all available. 

Below, let’s examine each deal in more detail.

1. 80% ACCUMULATOR BET BOOST

You are already aware of the terms of this offer if you are a seasoned bettor. 

Please give us a chance to explain if you don’t. 

Just by including more options in your wager, you can increase your potential earnings from multi-bets. With each additional option, the bonus progressively rises from 5% for the first five selections. 

If you have 20 or more selections, you will receive an additional bonus up to 80% of your original wager.

2. 50,000 NAIRA PRIZE POOL

For a chance to win real money, try to predict the precise score of a future game. 

The players who were able to estimate the final score correctly will split the ₦50,000 prize money. This is a game that anyone may play without having to stake any real money.

3. Ten million Naia Prize Pool

With a far bigger prize pool of ₦10,000,000, the second prediction game requires you to guess the first half and full time scores of four distinct games. 

Each accurately predicted score will earn you a certain amount of “points.” A portion of the prize fund will be assured for the top 20% of participants who score the most points.

4. INVITE A FRIEND AND GET A BONUS

You can get extra points by inviting your friends to play at iLOT. 

The guidelines are straightforward: an incentive will be added to your account when your friend creates an account and validates your phone number. 

The bonus cannot be withdrawn until it has been staked once.

FAQs

IS THE ILOT SPORT BETTING  REAL?

Indeed, it is. On the official website of the regulator, you may verify that iLOT is in possession of a legitimate National Lottery Regulatory Commission of Nigeria licence (Licence No. 0001040).

HOW TO REGISTER FOR iLOT NG?

All you need to get started with iLOT account creation is a phone number and/or email address. To complete the registration process, you must provide a verification code after registering with one of the contacts listed above.

HOW CAN I RECEIVE MY WELCOME BONUS?

All you have to do is deposit money into your account, and make sure it’s at least ₦500 to qualify for the welcome bonus. If you deposit less than ₦500, this bonus won’t be activated.

Conclusion

 When it comes to iLOT NG sport betting site, a functional and user-friendly interface design is usually a good sign. 

This will allow you to find exactly what you need in a matter of steps; markets and selections should be easily visible and comprehensible.

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Oluwatobi Olowe
Oluwatobi Olowe

Tobi Olowe has over 3 years of experience as a content writer specializing in Tech discoveries, site optimization, building content that rank well and boosting overall site performance.

Articles: 71

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