How to deposit into Odibets account Using MPESA?

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Odibets is a Kenyan bookmaker that was founded in 2018. The betting site is registered under Kareco Holding Limited which is headed by Jimmy Kibaki. Jimmy Kibaki is the first son of the late Kenyan president, Mwai Kibaki. Since Odibets was founded, the bookmaker has continued to rise through the ranks to secure its place as a prominent bookie in Kenya and Ghana.

The betting company offers several betting markets across an extensive range of sports. On Odibets, bettors can wager on several sports which include football, basketball, tennis, ice hockey, rugby, and cricket. Punters can also wager on online casinos, jackpots, and eSPorts. Odibets also offers live betting as well as a variety of Odibets lite games such as Dondoka.

One common mistake beginners make when gambling is choosing a bookie with substandard services. A bettor that settles for a betting site with poor services should expect a frustrating betting experience. This is why it’s important to properly vet and select bookies based on your needs as a punter. 

Like most betting sites, you don’t need to complete your Odibets account verification before you can make a deposit. In this article, I will share how you can fund your Odibets betting account, the deposit options you can use, and the commission each of them charges. I will also share the terms and conditions associated with funding your account.

Odibets

What are deposit methods in Odibets 

As of the time of publishing this article, the only option for funding your Odibets account is Mpesa payment. However, you can use Mpesa on Odibets website or through paybill.

Mpesa Odibets Website Deposit

To fund your account through Mpesa on Odibets’ website, follow these steps:

  1. Access an internet-connected mobile phone or laptop.
  2. Open your browser and go to the official Odibets Kenya website.
  3. Login into your account.
  4. Navigate to the deposit menu under your account and click on it.
  5. On the pop-up form, enter the amount you’d like to fund your account with login to deposit. 
  6. Provide your Mpesa PIN to finalize the transaction.
  7. The amount will instantly reflect in you betting account balance.

Mpesa Paybill 

When using Mpesa paybill, you’ll require a distinctive number. This is the paybill number that is assigned to businesses on Mpesa to identify payments intended for them. You will find this number on Odibets Kenya’s betting site. The paybill number is 290680.

To use this method, follow these steps:

  1. Open Mpesa menu on your smartphone and choose Lipa na Mpesa.
  2. Choose “paybill”.
  3. Input the paybill number.
  4. Input “ODI” as the account number.
  5. Input the deposit amount and your pin to confirm the transaction.
  6. A message confirming the success of your transaction will be sent to your phone. The money will be credited to your account instantly.

Do you need to finish the verification and KYC before depositing? 

No, you don’t need to do any KYC verification before depositing money into your account. KYC verification is required by most bookies to verify the identity of their customers. The usual tenders for KYC verification are the National ID card, Voters card, driving license, and any other document that clearly shows your image and proof of address.

Are there Terms and Conditions when funding an account? 

  1. The customer agrees that all the information provided he or she provided during the registration of Odibets account is true and accurate. If any of the information is suspected to be false, Odibets reserves the right to withhold deposits that may have been made before this period.
  2. Odibet may treat deposits as invalid in a situation where you deposit with an account with a different name. This means the funding account name and your betting account name must correspond.
  3. Once you make a deposit, you have agreed to Odibets holding the funds for gambling. Odibets may temporarily suspend your account or ban it if you are suspected of funding your account with any intention of staking the funds. They may also disclose this information to the authorities if required.
  4. You can only stake with the available money in your account.
  5. When you make a deposit, all the funds are moved to a designated customer bank account. This fund is solely for betting purposes and will be refunded if not used to gamble. Customers’ funds are protected and not combined with Odibets’ funds. In a situation whereby Odibets’ becomes insolvent, customers’ money wouldn’t be affected.

What are the commissions and timelines of your deposits depending on the payment method? 

Mpesa payment reflects immediately in your account and the fees are usually between KSH 21 and 210. In a case where you don’t receive your deposit, you can reach out to your bank for more clarification.

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