Terms of use

These are preview terms and do not describe an active service. Prediction markets remain unavailable until the required licensing and approvals are in place. We will publish verified details on the Licence page.

By opening an account you accept these terms. If you do not accept them, do not use Watch and Win.

Watch and Win is only for adults. You confirm that you are 18 or older when you sign up. Before your first withdrawal, or when you reach the limit for unverified accounts, we check your age against your BVN or NIN.

If we find that an account belongs to someone under 18, we close it at once, cancel open trades and return the money deposited. Winnings are not paid.

Prediction markets are not available in this preview. Any future availability will depend on the applicable licensing and approvals; verified details will be published on the Licence page.

Location requirements for any future service will be confirmed before launch.

You may have one account. The account, the bank accounts you withdraw to and the cards or wallets you pay with must be in your own name. Do not let anyone else use your account.

Before your first withdrawal from markets, or when you reach a limit, you verify your identity with your BVN or NIN and a selfie.

You may not trade a market if you can influence its result or know it before the public, for example as an official, player, referee, organiser, staff member, or a member of their household. Watch and Win staff may not trade on Watch and Win.

If you break this rule we close your account, cancel the trades concerned and may report it to the LSLGA and other authorities.

Each market is a question. A share costs ₦1 to ₦99 and pays ₦100 if your answer is right and nothing if it is wrong. Prices are set by traders. Watch and Win matches buyers and sellers and does not trade against you.

Before you confirm an order, you see the number of shares, the cost, the fee and what you get if you are right. A confirmed order is final.

You can sell shares to other traders at any time before a market closes, at the best price available at that moment. If there are no buyers, you may not be able to sell until there are.

The rules of each market state the question, the closing time, the source of the result and when it pays. We decide the result only from that source, and a second person at Watch and Win checks every result before it is paid.

Each winning share pays ₦100 into your Watch and Win balance at the time stated in the rules.

If an event is cancelled or a market cannot be decided under its rules, we cancel the market and refund what you paid, including the fee.

If we pay out a market on a wrong result, we correct it. This can mean taking back a payout that should not have been made. We tell you before we do.

We charge 2% of the cost when you buy shares, rounded up to the next naira, 1.5% on card deposits and ₦20 per withdrawal. Selling, payouts and other deposits are free. The Fees page is part of these terms.

We tell you at least 30 days before any fee changes, and every screen shows the fee before you confirm.

You can add money by bank transfer, card, USSD, OPay or PalmPay. Payments must come from an account in your own name; payments from anyone else are returned to the sender.

The minimum deposit is ₦200. You can add up to ₦50,000 a day before you verify your identity and up to ₦500,000 a day after; you can set a lower limit yourself. We keep customers’ money in accounts separate from Watch and Win’s own money.

Once your identity is verified, you can withdraw your available balance to a Nigerian bank account in your own name. Each withdrawal is at least ₦1,000. Your daily limit depends on how far your identity is verified, up to ₦1,000,000 a day; the Withdraw screen shows your limit. Most withdrawals arrive within 10 minutes; some need extra checks and can take up to 24 hours.

If a withdrawal fails, the money and the fee go back to your Watch and Win balance. We never pay money to an account in another person’s name.

In Lagos State, 5% withholding tax applies to your net winnings. We take it off when a market pays out and pay it to the Lagos State Internal Revenue Service. Your statements show every amount withheld.

Rewards from offers and ads go into your earnings balance, which is separate from the money you add for markets. You can cash out earnings as airtime, mobile data or cash to your bank, but you cannot use them to buy shares.

A reward shows as pending until the offer partner confirms it and can no longer take it back. Only then can you cash it out. If a partner reverses a reward, we remove it from your earnings balance.

One person, one account. Cash-outs are limited per phone number and per device. We cancel rewards earned with fake accounts, automated tools or false answers, and may close the account.

Cash to a bank account needs a matching account name or BVN check. Airtime and data go to the number you enter, so check it before you confirm.

You can set deposit limits, take a break or self-exclude at any time in Limits and breaks. Lowering a limit works at once; raising or removing one takes effect after 24 hours. A break of 24 hours, 7 days or 30 days cannot be ended early; during it you can still sell shares and withdraw. Self-exclusion lasts 90 days or for good and cannot be undone.

Self-exclusion on Watch and Win covers Watch and Win only. To be excluded from every licensed operator in Lagos, you can also join the LSLGA SafePlay register, and we help you sign up. If you are on SafePlay, you cannot add money or trade on Watch and Win.

If we see signs that trading is harming you, we may contact you, set limits or pause your account. We tell you why and how to get help. See Trade responsibly.

Keep your PIN and password secret. Tell us at once if you think someone else has used your account. Watch and Win will never ask for your PIN, your password or a code we sent you.

You can close your account in Close account once your balance is ₦0 and no positions are open. Withdraw your money first, and sell your shares or wait for their results.

Once your account is closed, you can no longer log in, trade or add money. Closing is not self-exclusion: you can ask support to reopen a closed account. We keep your records for 5 years, as the Privacy notice explains.

We may pause or close an account, and hold money while we check, if we cannot verify who you are, if you break these terms, if we suspect fraud, money laundering or trading on inside information, or if a regulator or court requires it.

We tell you the reason unless the law forbids it. Money that belongs to you is returned once our checks are complete.

Contact us first through Contact. We confirm your complaint within 24 hours and send a final answer within 14 days.

If you are not satisfied with our final answer, you can take your complaint to the LSLGA. Nothing in these terms limits your rights under the Federal Competition and Consumer Protection Act 2018.

If you traded on a market, you can dispute its result through Contact within 72 hours of the result being published. Tell us the market, what is wrong and, if you can, give a source. We reply within 14 days. A dispute does not delay payouts to other traders.

We are responsible for losses we cause by breaking these terms or by being careless. We are not responsible for losses from your own trading decisions, from events outside our control, or from services we do not run, such as your bank or mobile network. Nothing in these terms limits a responsibility that the law does not allow us to limit.

We tell you at least 30 days before an important change takes effect and ask you to accept it. If you do not accept it, you can close your account and withdraw your money before the change applies.

These terms are governed by the laws of Lagos State and the federal laws of Nigeria that apply there. The courts of Lagos State decide any dispute that we cannot settle together.