I placed a bet with Nairabet on August 13, 2015, won the bet and made withdrawal, but it was declined. Reason, according to them, for security reasons.

I was furious, send them an email over the issue, but have refused to reply. Is Nairabet going scam? Punters beware!

Nairabet is not a scam. It takes 2 business days now after your withdrawal before your bank account gets credited. Your account will be credited today be rest assured

stop playing bet .u will never make it playing that shit .no matter how good u are ,spiritually them go run ur finances down.

If the first respondent to my post read it properly, I am not talking about withdrawal time, but they bluntly refused to pay me my winnings citing security reasons. However, they realized their mistake and eventually apologized and paid the money, claiming that they had problem with their payment system. So, the situation is now clear.

On my response to the second respondent, I agree that betting, if that is the name u call it, can make someone lose money, if not experienced. I do not know why some people regard football betting as gambling. I call it football trading. Why, because, it is not different from, forex trading, binary options trading or stock market trading. What is common in all these forms of trading is that you predict the market as to whether it will rise or fall based on market or economic conditions or using certain parameters to predict the outcome of the market and invest your money accordingly. In forex or binary options trading, you use what we call indicators. These indicators will reveal to you whether the market will rise or fall and you trade accordingly.
In football, you look at the past performance of both teams that will play the match at a given date, you also look at their strength and weakness and other statistical data i.e. head-to-head, previous goals scored, etc. and based on this, you now predict the outcome of the match and invest your money. So, what is the difference between football trading on one hand and forex, binary options trading, stock market, etc. when all these forms of trade predict the market as to whether it will rise or fall i.e. win, draw or lose (in football).

So, if you are a forex, binary options or stock market trader, you are not different from the guy trading in football. That is my submission.