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How to Make a 22Bet Deposit in Nigeria

Up to 207,500 NGN
Welcome bonus on your first deposit
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Publication - Jun 28, 2023Changed - Jul 01, 2024

22Bet has been active in the Nigerian betting market for a long time. However, this does not mean that the service is outdated. On the contrary, developers try to keep up with the times so the functionality remains at the proper level. In this review of 22bet Nigeria, we will look at the features of payment methods and the processes for depositing and withdrawing funds.

How to Deposit Money in 22Bet

How to Deposit Money in 22Bet

Before making a payment, you must register an account or log in to an existing one. After that, open the account menu, click the deposit line, and select the appropriate method. Further, your actions will depend on the method.

For Bank Card Payment

1
Make a Choice

Choose either the Flutterwave or Paystack payment system.

2
Insert Details

Fill in the fields with your payment details and deposit sum.

3
Expect Funds

Confirm the deposit and expect the funds in the next few minutes.

For Payment via Internet Banking

  1. Click on ALAT by Wema.
  2. Enter the requested data and amount.
  3. Confirm the payment with a one-time code.
  4. Funds will arrive instantly or within a few minutes.

For Payment via USSD Code

  1. Click on the GTBank *737# icon.
  2. In the pop-up window, enter the deposit amount and your email.
  3. Confirm the entered data.
  4. On the next page, select Guarantee Trust Bank.
  5. The system will show you a confirmation code; type it on your mobile device.
  6. Enter the code or the last four digits of the card number.
  7. The system will send you an SMS about the successful replenishment of the account.

As you can see, everything is quite simple. Usually, users replenish the balance quickly and without any problems. However, if you have not received the money, contact the support service to determine the reasons for this problem.

How to Withdraw on 22Bet 

How to Withdraw on 22Bet

To access the withdrawal function, you must fulfill the conditions for wagering the deposit. Be sure to read them in the terms of use of the service. In addition, you need to accumulate a minimum withdrawal amount. At the moment, it is equal to ₦550, but this value may vary depending on the exchange rate. After you have fulfilled all the conditions, follow these instructions.

1
Go to the Menu

Sign in to your account, proceed to the menu, and select the withdrawal function.

2
Pick Your Method

Choose the same method as for the deposit and enter the amount of your withdrawal.

3
Await the Payout

Confirm your withdrawal request and wait 1 to 7 days for the money to be credited.

Contact the support service if the money has not been received within 10 days. Experts will help you get your winnings.

Comparison With Competitors

We must admit that the withdrawal system on the 22Bet platform is somewhat outdated. For example, MelBet offers more efficient and faster solutions. However, the service can not be called bad either. All withdrawal methods work, although the timing leaves much to be desired.

In fact, you can only receive winnings if you have a bank account registered in your name. Unfortunately, this is not very convenient for some users. Therefore, introducing the ability to pay with cryptocurrency will boost the development of the service.

22Bet Deposit Methods

Betting requires money, so the first thing a user encounters after registration is the need to make a deposit. It is beneficial for the bookmaker that users can always find a convenient payment method, and 22Bet owners understand this. It provided the possibility of replenishment:

  • From a bank card;
  • Via Internet banking directly from your account;
  • Using the USSD code.

The deposit from the card is carried out through two payment systems: Flutterwave and Paystack.

Overview of Available Deposit Methods

Users wishing to use a credit or debit card for deposits can choose Flutterwave or Paystack. Both systems offer approximately the same conditions. However, Flutterwave has a higher maximum deposit limit. It is important to consider if you will deposit a significant amount. 

Both payment systems accept Mastercard, Visa, and Verve cards. Check with your bank for the presence of a commission since the systems themselves do not charge a fee for making a payment.

If you want to deposit money directly from your bank account, use Alat by Wema Internet banking. However, keep in mind that the daily limit for transfers in this system is the smallest.

Another popular option is replenishment using the USSD code. This method is the easiest and fastest. However, you will have to pay a small transfer fee.

Remember that you can withdraw funds only in the same way that you replenished your account. Keep this in mind when choosing a payment method.

Pros and Cons of Deposit Methods

MethodProsCons
Flutterwave– High maximum limit.
– Instant.
– No service charges.
– You need a debit or a credit card.
Paystack– Instant.
– No service charges.
– You need a debit or a credit card.
Internet banking– No need for a card.– Low maximum limits
USSD code– Fast and simple.– Fees for each transaction

Thus, each method has its advantages and disadvantages, so the choice depends entirely on your goals and needs.

Comparison with Competitors

Compared to other popular Nigerian bookmakers, the 22Bet platform provides the optimal number of methods available. As a result, bettors can use the most popular and common payment methods.

However, the leading betting platforms have already implemented cryptocurrency payments. This method is gaining popularity and is becoming more and more in demand. In this issue, 22Bet has room to grow.

Bookmaker22Bet1xBetBangBet
Available Methods– Payment systems;
– Internet banking;
– USSD code.
– Payment systems;
– Internet banking;
– Cryptocurrencies.
– Payment systems.
Limits₦250₦150₦100
Information transparencySatisfactorySuperbPoor

22Bet Withdrawal Methods

22Bet Withdrawal Methods

Getting the money you win is one of the most joyful and exciting moments in betting. And the 22Bet platform has ensured users can do this quickly and without problems. When withdrawing funds, the same methods are available to replenish your account. In addition, you can use a bank card and Internet banking.

Overview of Available Methods

The platform works with over 20 Nigerian banks, including FirstBank, CitiBank, GTB, EcoBank, Heritage and Unity Bank, etc. Accordingly, you can withdraw funds to the account of these banks. However, you do not need to have a physical card. Instead, you can choose Internet banking, and then the funds will be sent directly to your account.

The processing time for withdrawal requests is usually longer than for a deposit. You will likely have to wait 1 to 7 days for the bank to transfer your money.

Use your card. If the system detects a withdrawal of funds to a third-party card, such an application will be canceled.

Pros and Cons of Withdrawal Methods

All presented means for withdrawing money offer approximately the same conditions. The minimum limit is the same, and you must save at least ₦550. The speed of processing an application depends on the characteristics of your bank and the overall load on the system. In any case, you can always check with your bank for specific conditions and the availability of commissions.

MethodProsCons
FlutterwaveNo service charges.You can use only a debit or a credit card used for deposit.
PaystackNo service charges.You can use only a debit or a credit card used for deposit.
Internet bankingNo need for a physical card.Low daily limits.
USSD codeFast and simple.Carrier fees for each transaction.

Comparison With Competitors

The 22Bet platform has integrated all popular payment methods. However, they require a bank account and card. This is not always convenient for Nigerian users. However, considering that 22Bet offers a much more comprehensive range of methods in other countries, we believe that the situation in Nigeria will improve over time.

If you compare 22Bet with competitors, the service will take a middle position. On the one hand, the functions offered are sufficient for most users. However, on the other hand, many platforms, such as 1xBet or MelBet, provide users with much more opportunities.

Our verdict is that the platform functions well, but the owners should think about the development of payment methods.

Bookmaker22Bet1xBetBangBet
Available Methods– Payment systems;
– Internet banking;
– USSD code.
– Payment systems;
– Internet banking;
– Cryptocurrencies.
– Payment systems.
Limits₦550₦550₦100
Information transparencySatisfactorySuperbPoor

22Bet Fees and Limits

22Bet Fees and Limits

Limits and commissions are the fly in the ointment that can spoil the pleasure of the game. However, most often, bookmakers set quite comfortable conditions for their players. Service 22Bet is no exception.

Overview of Limits and Charges

The service does not charge for making payments. The commission is charged only when transferring through the USSD code, which is a fee for the operator. Otherwise, you can deposit and withdraw money for free.

You can see the limits in the table below.

LimitDepositWithdrawal
Minimum₦250₦550
Maximum₦500,000Depends on the method

We can’t say that the limits are insignificant, but they are pretty accessible to most players.

Comparison with Competitors’ Limits and Fees

The 22Bet platform shows medium limits in the Nigerian market. They are less attractive than, for example, in BangBet, but they are easy to achieve. Lowering the minimum limits would increase the popularity of the service. Given the somewhat outdated payment methods, owners should work in this direction.

Customer Reviews

22bet Customer Reviews

In their reviews, bettors often praise the 22Bet platform. However, to maintain objectivity, let’s also highlight the main claims of the players.

What users like:

  • Most often, users note the possibility of large winnings. They are possible due to high odds and up-to-date information updates on the site. The player can cash out the bet if he sees a deterioration in the situation in the game.
  • The reviews note the support service’s excellent work, which tries to help users solve problems and is not limited to formal answers. By the way, judging by the reviews, technical issues are rare on the platform. We will also attribute this factor to the benefits of service.

What users don’t like

  • Limited payment methods. In this review, we have already noted this shortcoming. Not surprisingly, many bettors complain about the inability to use Bitcoin or other cryptocurrencies.
  • Users also do not like the lengthy processing of withdrawal requests. Sometimes receiving money takes much longer than the stated time. We cannot place the responsibility solely on the bookmaker, but it is in their power to improve the situation.

Let’s hope that the developers will listen to the opinion of bettors and make changes to the service.

Conclusion

22bet Conclusion

After analyzing the methods and procedures for depositing and withdrawing money, we can say that the 22Bet platform cannot be called a top bookmaker. The service needs improvements and the introduction of new technologies. That being said, the excellent work of the platform in other aspects, as well as the large number of loyal fans, cannot be underestimated. In fact, 22Bet is a good bookmaker that should consider modernizing and developing the service.

FAQ

What is the USSD code for 22Bet?

The USSD code for the Nigerian service 22Bet is *737#. You can easily find it in your account in the deposit section.

What is the Paybill number for 22Bet?

You do not need a pay bill number to replenish your account through a bank card or account. All the necessary information appears automatically when paying on the site or in the 22Bet app.

What is 22Bet Nigeria promo code?

The promo code that gives the right to receive the 22Bet bonus changes regularly. You can find it on partner sites and advertising banners announcing the launch of the bonus program.

How do you enter a code on 22bet?

You will see a window specially reserved for the promotional code when registering. Enter the code in it and confirm the 22Bet registration. Then, when you make your first deposit, you will receive the promised bonus.

Does 22bet offer cashout?

Users can cash out a bet if they see their prediction has not come true. At the same time, you will save at least part of the money spent.
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