Merrybet Deposit Methods and Limits

Merrybet is one of the largest online betting resources that has already earned the trust of its punters. But you probably already know that. If you are already registered and ready to bet on Merrybet, you will need to deposit some funds into your account first. You are lucky here because this bookmaker is generous with the options it provides. In the article, we will discuss the ways to fund your account quickly and efficiently.

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Deposit Rules and Requirements

Merrybet Deposit Rules and Requirements width=

To make a deposit on the platform you will have to follow certain rules that are pretty much universal across the different Nigerian bookmakers.

  • Be 18 years or older
  • Provide the required documents such as ID or international passport
  • Have a local phone number

Merrybet Minimum and Maximum Deposit

Merrybet established the smallest deposit amount as ₦ 50. Which is also the amount of the smallest possible bet. The deposit can be spent on any event according to the player’s liking. The bookie does not indicate the maximum possible deposit amount, so we guess, you can deposit as much as you wish. However, we advise you to be reasonable and not spend too much!

Deposit Fees

It is always vital to understand what commission you have to pay for your deposit transfer. However, our thorough checking showed that Merrybet preferred not to share this information anywhere. According to experienced bettors, most of the offered methods do not charge anything or take only a small fee. You have to clarify that with your bank, or other financial organization.

Transaction Periods for Deposits

All deposits are processed within a couple of minutes. You will see your funds in the account almost immediately. A notice can be made that transactional time depends on the chosen method. We cannot exclude some errors, a bad Internet connection, and other issues. Keep your receipts if you made a bank transfer, and contact customer service if you haven’t received your money in an hour or so.

Does Merrybet Require Verification Before Depositing

The bookmaker states that it asks for some documents to identify the owner of the account to prevent any money laundering schemes. Such as an ID or an international passport. The papers should be provided in the form of a photo or a scan. The information you submit should be true; otherwise, it is considered fraud. The bookmaker warns players that if their data proves incorrect, their accounts may be suspended or closed.

How to Deposit

Merrybet allows Nigerian punters to fund their accounts in a variety of ways. You may see them listed on the website in the “Help” section. For your convenience, we will describe all the methods allowed for Nigerian players further.

ATM

To replenish the account via ATM, you need to know your bettor’s ID and have a card. Log in to your account, and you will see the ID below your username. Follow our short description to proceed with your Merrybet deposit:

  1. Slip the card into the terminal.
  2. Type your pin code.
  3. Pick QuickTeller, GTBank, or other options.
  4. Tap on the “Paybills” category.
  5. Proceed and enter special codes based on the sum. You may find them all listed on the website.
  6. Enter your bettor’s ID.
  7. Indicate the beneficiary’s name.
  8. Type your phone number.

When the money reaches your balance, you receive a message that your account has been credited. Now you can proceed to bet.

Bank Cards

If you are a holder of any of the Interswitch cards, like Verve or a Naira Master Card, then you can use them to credit your balance online. Stick to the guide we created for you:

  1. Open the Merrybet website.
  2. Log into your Merrybet account or create one.
  3. Pick a deposit.
  4. Select Interswitch as a method of transfer.
  5. Insert the sum.
  6. Following that, if a fee was calculated, you will see it.
  7. Obtain your transfer ID.
  8. Wait until you get redirected.
  9. Pick your card type and insert its details.
  10. Confirm the transaction.

If the transaction was successful, you will receive a notification message and see your funds on the balance.

Bank Deposit

The Merrybet offers bettors the option of wiring money to the account by applying to the office of a local Nigerian bank. The bookie cooperates with several popular and reliable banks, like:

  • Zenith B
  • Eco
  • Access
  • First
  • Fidelity
  • Heritage and many others.

To credit the account, you have to visit the closest branch, be a client of this bank and have an open account there. For other instructions, read further:

  1. Fulfill the deposit slip.
  2. Indicate the name of the account and your bettor’s ID.
  3. Fill in the name of the depositor.
  4. Indicate the number you wish to transfer.
  5. Tell the operator that you need to make a transfer for Topup.
  6. Keep the receipt until you see the funds on the balance.

This is an ideal old-fashioned way to deposit money. It is suitable for bettors who do not like all the modern technologies.

MTN

This famous network provider is well-known among Nigerians; however, Merrybet does not include it among the payment options. The platform constantly changes, so it is very likely they can work with the MTN company in the near future.

Palmpay

Unfortunately, we did not find anything about that option. Maybe Palmpay will be available later. Or if it was among the options earlier, at the moment of our Merrybet review, it was gone from the official website’s page.

Quickteller

The QuickTeller option is available if you prefer to transfer your funds via ATM. The bookie does not leave any other funding options here.

Recharge Сard

We found no indication that a bookie accepts recharge cards on its website. Maybe they did it earlier, but currently, the option is not permitted. Try other popular methods, which we describe, to add cash to your balance.

USSD code

The option is considered one of the top popular. And Merrybet gladly offers it to customers who are used to the habit of purchasing goods via USSD. If you never tried it, here is our explanation:

  1. You need a mobile phone with stable Internet.
  2. Type in a special code. Each bank has its own digits.
  3. Enter your user’s ID and the sum you wish to transfer.
  4. Enter your pin code and confirm the operation.

Keep in mind that you have to be a client of GTBank, Zenith, or others, listed on the Merrybet website.

How to Deposit on Merrybet

How to Deposit on Merrybet

Making a deposit on Merrybet is as easy as a pie, to learn how you may do so, continue to read further.

How to Fund Merrybet Account Online on the Website

It will take less than five minutes to fund the Merrybet account if you are not planning to visit the bank office, which is also possible. Basically, the whole depositing procedure looks as follows:

  1. Open the Merrybet website.
  2. Log into your account.
  3. Click on the “Deposit” option at the top of the page.
  4. Choose the preferred deposit method.
  5. Specify the deposit amount.
  6. Confirm the transaction.
  7. Done!

The money should be in your account in several minutes. If something went wrong, contact the support team. The bookie allows users to make transfers via QuickTeller, ATM, Internet Banking, Bank transfers, and USSD codes.

How to Credit Your Merrybet Account in the App

The Merrybet application provides the same payment methods as its website. If you prefer to add money right on the app, you need to be a registered player. It does not take much time, and the bookmaker may ask you to prove your identity.

  1. Launch the Merrybet application.
  2. Select the “Deposit” option
  3. Pick whether you will do it with data from credit or debit cards, via Internet Banking, or other suitable ways.
  4. Specify the deposit amount.
  5. Confirm the transaction.
  6. Done!

Merrybet Account Management

On the platform, you will be able to perform actions regarding the state of your account such as changing your linked bank account or uploading new and updated personal documents in case you need to.

How to Change the Bank Account on Merrybet

If your bank account has changed, or you have decided to indicate other data, the bettor can request to confirm your identity via some official documents. Submit all the necessary papers to avoid any problems. This way, Merrybet can understand that you are not a fraud. To do so.

  1. Open the Merrybet website.
  2. Log into your account.
  3. Go to the “My Account” tab.
  4. Select “Account Settings.”
  5. Provide new data on your bank account.
  6. Verify and confirm new information.
  7. Done!

How to Transfer Funds from One Account to Another

How to Transfer Funds from One Account to Another

Unfortunately, you cannot transfer funds from one account to another since the platform prohibits players from having more than one account open.

Conclusion

Merrybet is a reputable sports betting platform. All your transactions and payment data are always protected by the bookmaker. Each of the methods provides fast and smooth delivery of funds to your account. Every famous Nigerian bank and payment system works with Booke. Much positive feedback also showed that the majority of users were satisfied with such options. It is not yet perfect, but we hope it will resume some of the earlier functions to maintain the bettors’ auditory.

FAQ

FAQ

How reliable is Merrybet?

The bookmaker is absolutely reliable. It has a National license and works with famous and trustworthy financial organizations.

How do you transfer money from your Merrybet account to your bank account?

Enter your betting account and go to the “Payouts” section. There, choose a bank transfer or instant transfer option and follow the instructions on the screen.

How do I book a game on Merrybet?

Choose the events to bet on. On your bet slip, click on the “book-a-bet” option. It will generate the code. You can use it in any betting shop or online, if you select the “Load Booking Code” option.

What is the minimum stake on Merrybet?

The minimum bet amount is ₦ 50.

How fast is the Merrybet payout?

All payouts are processed within 24 hours. If you applied for the payout on Wednesday, it means that you will receive your money the following day.

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