Whether you’re an experienced Nigerian punter or dipping your toes into the gambling world, you should know that playing at BetKing requires luck and a good understanding of how odds work; they are calculated and formed. This guide will explore the ins and outs of gambling on this bookie.
We’ll cover everything you need to know, from rules and terms and conditions to the various bet market types. We’ll also dive into the meanings of specific BetKing codes and how you can use them in your bets. Let’s get started!
A Brief Overview BetKing
The bookmaker is one of Nigeria’s best online betting service providers. Founded in 2018, the platform has secured a top position by providing Naija bettors with great odds, easy deposits, withdrawals, live wagering features, and many sports to wager on. The bookmaker is licensed to offer its service by the Lagos State Lotteries Board, so you know the games have no tempering.
Do you want to start wagering on your favourite sport? Read more on how to make a BetKing booking.
BetKing General Rules of Sports Betting
Before wagering on your favourite sports teams or leagues, knowing the rules, getting a grip on popular sports, and how betting works are essential. To kick off your journey, you’ll need a valid account. Here’s how: hop onto the official website, hit the “Register” button, and fill in your info in the little window. Then, make sure to verify your email and phone number. Once you have set up your account, you’ll find a cool sportsbook with all the ongoing games. Just pick the game you’re interested in, check out the different sports options, and choose the one with the best odds.
Now, what happens if there’s a match that gets postponed? No sweat! All your bets stay suitable for up to 24 hours the next day. After that, if the game still hasn’t happened, your wager gets cancelled, and your money returns to you.
Understanding the Terms & Conditions
Everyone quickly skips terms and conditions, but sometimes, there are hidden gems to using a platform. So let us help you explore some of the essential rules:
- Legal Age: You must be over 18 to place a bet on the platform. If you register while not being of age, the bookmaker can legally revoke your withdrawal of funds and block your account.
- The bookmaker only provides betting in Nigeria; all bets are made in Nigerian Naira (NGN).
- When betting with real money, there is a minimum and limited deposit into your account. At the site, the minimum deposit and stake is 100, and the maximum is 10,000,000 NGN.
- If you are ready to make withdrawals, the minimum withdrawal the platform will allow is 1,000 and a maximum of 10,000,000 NGN.
- Another thing to remember is that you are obliged to provide your correct personal and financial information. In the case that this information doesn’t correlate with your ID during the KYC process. You will be disqualified from the platform.
- BetKing reserves the right to refuse all or part of any bet. A wager is considered valid if it has a unique transaction code.
Why Is It Important to Know BetKing Rules?
Knowing the rules and terms can make or break your betting experience. This includes understanding betting and odds and the conditions under which bets may be cancelled or declared invalid. With this knowledge, you can make informed decisions and increase your chances of being a winner.
Overview of BetKing Rules and Regulations
Regarding online betting in Nigeria, BetKing is one of the top names that comes to mind. It is a popular and widely recognised platform offering users various betting options. But what are the rules and regulations that govern this platform? Let’s dive in and find out!
Betting and Odds
The bookmaker offers several betting opportunities players can choose from. These include:
- Single Bet,
- Multiple Bet
- Combination Bet
- Live Betting
- Pre-match Betting
When Can Bets Be Voided or Invalidated?
BetKing, in its pursuit of maintaining fairness and integrity within its betting platform, has established a set of guidelines to ensure that bets are handled transparently and responsibly:
- Errors in bet offerings, placements, or approvals.
- Bets accepted during website technical problems.
- Suspected odds manipulation.
- Match-fixing indications.
- Significant public announcements affecting odds.
- If compelling evidence indicates a series of bets, each containing identical selections, placed by the same individual or group of individuals to guarantee profits regardless of the outcome, BetKing may investigate and potentially void such bets.
Betting Markets Available
BetKing Nigeria offers a wide selection of betting options, including common sports like football, basketball, and ice hockey, to niche markets like table tennis and bandy. They also have your favourite esports titles, such as FootballGO and Counter-Strike: Global Offensive.
Coming back to the traditional betting markets, you can make bets of all kinds on BetKing Nigeria, including the commonly used bet types such as Moneyline, 1×2, Totals (Over/Under), Asian Handicap, Proposition Bets, and Futures. These markets allow you to predict any game or tournament’s outcome.
BetKing Bet Types
Once you are in the lobby of the bookies, you can see that it is loaded with daily events. If you have decided what sport to wager on, the question becomes what bet type to make. Well, that’s a question we will go more in-depth into later. Understanding the kind of stake you want can exponentially increase your chances of winning. So, learning the different codes and what they mean is knowledge every Nigerian punter should have in their back pocket.
Betting Codes Explained
The most popular wager option is 1 x 2. What does 1×2 mean in BetKing? You must select from three potential outcomes: a victory for the home squad, a triumph for the away team, or a draw. Your task is to pick one of these outcomes and make your wager.
Additionally, double chance options are particularly suitable for newcomers, as they increase the likelihood of winning. Let’s delve into these options more comprehensively.
Codes | Meaning |
---|---|
UN2.5 | Over 2.5 goals (at least 3 from both teams combined). |
UN0.5 | Over 0.5 goals (at least 1 goal from both teams combined). |
OV1.5 | Over 1.5 goals (at least 2 from both teams combined). |
UN1.5 | Under 1.5 goals (less than 2 from both teams combined). |
OV3.5 | Over 3.5 goals (at least 4 from both teams combined). |
UN3.5 | Under 3.5 goals (less than 4 from both teams combined). |
HS | Home squad to score at least 1 goal. |
AS | Away squad to score at least 1 goal. |
HNS | Home team will not score a goal. |
ANS | Away team will not score a goal. |
1H | Home handicap (home team to lead by 2 goals). |
2H | Away handicap (away squad to lead by 2 goals). |
GG or BTS or YES? | Both teams to score. |
NG | Both teams will not score. |
1 GG | Home team to win and both teams to score. |
2 GG | Away team to win and both teams to score. |
1XDC | Home team to win or draw. |
12DC | Any team (home or away) to win. |
X2DC | Away team to win or draw. |
1HT | Home team to win the first half. |
XHT | First half ends in a draw. |
2HT | Away team to win the first half. |
1ST | Home team to win the second half. |
XST | Second half ends in a draw. |
2ST | Away team to win the second half. |
1-2GOALS | Minimum of 1 goal and maximum of 2 goals in total. |
1-3GOALS | Minimum of 1 goal and maximum of 3 goals in total. |
1-4GOALS | Minimum of 1 goal and maximum of 4 goals in total. |
Tips for Successful Betting
Successful betting involves more than just understanding codes and their meanings. Considering factors like current squad form, player injuries, and football match conditions is crucial. In addition, managing your budget wisely and not chasing losses can lead to a more enjoyable and profitable gambling experience.
How BetKing Rules Can Influence Your Strategy
The rules of a gambling platform can significantly influence your strategy. For instance, understanding how odds are calculated can help you identify value bets.
Similarly, knowing the conditions under which wagers may be canceled can prevent potential losses. Therefore, understanding BetKing’s rules can guide your strategy and improve your success.
Conclusion
Being aware of BetKing codes and their meanings is crucial to becoming a successful bettor. By familiarizing yourself with these codes and the platform’s rules, you can make informed betting decisions and potentially increase your winnings. Remember to bet responsibly and enjoy the process!
What is the code for a draw in BetKing?
The code ‘X’ represents a draw in BetKing.
What is the meaning of GG in BetKing?
‘GG’ refers to ‘Goals Galore’, meaning both teams will score.
What is the BetKing 12 and GG code?
The ’12’ code means that either squad will win, while the ‘GG’ code implies that both teams will score.
How do you bet with codes?
To place a wager from a booking code, open the main menu, select Book Bet, and enter your code.
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