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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.