Online betting has become very popular in recent years. The number of betting sites in Nigeria has also increased rapidly and lately, they aim to offer their customers the best service possible.
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In the following lines, we will provide you with the most important information regarding the betting companies in Nigeria. We will mention the best betting offers and describe how to open a betting account. The quality of customer support of the leading sports betting sites is also going to be discussed. You will also have the chance to learn some new betting tips for the most profitable sporting events and how exactly to place your bets on a match.
We will like to remind you that the best betting site in Nigeria is not always the one that offers the highest bonus on the first deposit. There are a lot more important factors like the odds and the trustworthiness of the betting platform. The number of betting markets and the availability of in-play betting and live streaming options the bookmaker provides is crucial as well.
At the end of this page, you will see a list with recommended for customers betting sites in Nigeria. Likewise, we will announce our winner for the fastest paying betting company in the country.
Important Criteria to Look for in a Sports Betting Company in Nigeria
Betting online has made placing bets easier than ever. Players from Nigeria just need to choose their online sports betting company and register. It sounds easy and clear, right? Even so, make sure you check our list with the most essential criteria when it comes to signing for a betting company in Nigeria and online gaming as a whole.
Ease of Opening an Account
This is the first step to start betting. Most reputable online bookmakers offer a very straightforward and easy process that doesn’t take more than a couple of minutes. In Nigeria Bet9ja and Nairabet are in a league of their own and can surely compete with foreign betting websites.
Acknowledge, that once your betting account is created, you are not completely ready. Gaming is still one step away from you. We strongly recommend validating your account prior to start placing bets. You can validate it with a scan of your ID card, household bills, or driving license. This procedure is due to safety measures. That way the sport betting company can be sure that your money will be transferred from your betting account to your bank one.
The process of validation can also be made once you claim your first withdrawal. There isn’t really any difference. Keep in mind that this will reflect on the time for your withdrawal to be completed. You will receive your money slower since most betting sites in Nigeria take 1-2 days to validate your account.
Deposit and Withdrawal Methods
Once you have successfully registered, you will have access to all betting options the bookmaker offers. In order to start placing bets on a match, however, you will need to have money in your account.
People tend to prefer fast paying online bookmakers that provide various payment methods. This ensures you will have no difficulties when you want to withdraw your money. The diversity, or lack, of deposit and withdrawal options, showcases the reputability of a bookmaker. If a betting company in Nigeria provides a vast number of payment methods, you can be sure you will not have any problems with withdrawals from your betting account to your bank one.
One detail which few players know is that not all deposit options apply for withdrawals. This means that if you deposit money through PayPal, you might not have this payment method available for withdrawals.
Make sure you make deposits through banking options that allow both depositing and withdrawing. This is very important because some betting sites in Nigeria allow you to withdraw your bonus funds only via the same method you have used for depositing. Lastly, don’t forget that how fast paying a betting company is, sometimes depends on the payment method itself. Withdrawals via E-wallets are processed faster than the ones made through a bank transfer.
Welcome Bonuses and Other Promotions
A welcome bonus is one of the main reasons players open a betting account and start gaming. Online bookmakers know that and try to come up with more and more lucrative offers in their quest for new customers.
This doesn’t mean that the best betting company in Nigeria is the one with the highest bonus on a player’s first deposit. The most important criteria when it comes to a bonus are the wagering conditions and the markets you can place bets on a match.
Most online bookmakers have a requirement for the player to place its bonus money on games with odds higher than 1.5. Another crucial condition, except the minimum odds, is the number of the turnover that has to be made. Most betting sites in Nigeria require their customers to wager their bonus or deposit plus bonus amount at least three times. As you might have figured it out, having to wager your deposit plus bonus money is twice as difficult than wagering only your bonus money.
Stay away from online sports betting sites that promise a huge bonus on first deposit and then bind it to difficult-to-meet bonus conditions. Our advice is to always first check the bonus requirements before accepting the offer. That way you will know if you will be able to fulfil the turnover requirements.
Other promotions that can surely entice you to an online bookmaker in Nigeria are the no deposit bonuses and bonuses for existing customers. At the time of writing, these kinds of offers can rarely be seen in the Nigerian market, which doesn’t mean they don’t exist. Bet365, for example, promises offers on famous sports like football, basketball, and tennis. All of them are accumulator bonuses and you can’t use them with in-play bets. Furthermore, you need to have an active account and to be eligible for the promo.
Even the best bonus on first deposit won’t mean anything if the odds provided by the online bookmaker are not competitive. The higher they are, the higher your profit from bets will be. That’s why it is essential to find a betting site in Nigeria that supplies high odds. Our thorough research of the market has shown that bookmakers from Nigeria offer relatively competitive odds compared to leading brands like Betway and Bet365.
Customer support is the department that should reply to your questions and complaints. No matter if you have a silly question, or an issue when you want to withdraw your money, customer service should provide you with an answer immediately. Renowned betting sites in Nigeria aim to provide helpful and fast customer service to their players. Of course, the best sportsbooks offer support 24 hours a day, seven days a week through email, live chat, and telephone. Never underrate the significance of good customer support. After all, according to its competence, you will spare yourself a lot of headaches.
The variety of betting markets makes a sports betting company what it is. A betting market is a distinctive league of a sporting bet that is valid on a certain game. Reputable betting companies in Nigeria offer a number of different markets on events. This is most obvious when it comes to betting on major football leagues and the Nigerian Professional Football League. Players can also find markets for some not so well-known sports like baseball, volleyball and ice hockey. On top of that, betting enthusiasts can enjoy placing bets on virtual games, as well.
Let’s have a quick look at the most famous betting markets you will stumble upon in Nigeria.
Well-Known and Profitable Betting Markets
This is the most distinguished market worldwide. It is also one of the easiest ones you can choose to make a wager on. If you bet on 1, that means you are backing the home team to win, X stands for a draw, and 2 means you are placing a bet on the away team to win.
Over / Under
These are the types of bets in which you have to predict whether the football game will have more or less than a certain amount of goals scored. For example, Over 2.5 bet means that the match must finish with more than 3 goals scored in order for your bet to win.
Those types of bets are favored by players who don’t like to play with a lot of money. An accumulator can convert a small amount of money into a huge profit but you will have to place a bet on more than one game. The bad news is that if one of the events in your bet slip loses, your whole bet falls. There are also betting sites, like Bet365, which offer special bonuses for accumulator bets on sports such as football, tennis, and basketball.
Asian handicap has become the new favorite market for experienced players. Most novice punters stay away from these type of bets because they seem complicated, but they are not. The main thing you need to know about Asian handicap is that it gives a head advantage to one of the teams, thus eliminating a draw as a possible outcome. Most often, Asian handicap is presented as a decimal fraction of 1.5, 2.5, etc. That way the draw is avoided and you have only two choices for the final winner.
Draw No Bet
Draw No Bet is a type of bet where the draw is excluded from the possible outcome and you can choose only the outright winner. If the match ends in a draw, your bet will be refunded to your account. This market is ideal for players who don’t like to play with a lot of money since the risk of loss is smaller.
Number of Sports on Offer
The number of sports speaks a lot about how esteemed a betting company is. Smaller online betting sites don’t offer a lot of sports you can place bets on a match. Of course, you have the major ones on almost every bookmaker – football, basketball, tennis, ice hockey and American football. But if you are in search of something more appealing, then you should look for a more established betting platform such as Bet9ja or Betway. Both online betting companies propose a plethora of not so common sports you can place bets on. The variety is really mind-boggling – box, virtual games, Esports, table tennis, floorball, MMA, badminton, squash, cricket, the list goes on.
Live Betting and Live Streaming
The development of technologies has led to a boom of new betting features. Every renowned online betting company in Nigeria has started offering live betting and live streaming as an option in their catalogue.
In-play betting has made a huge impact in the online betting world because it offers players the chance to follow an event live and place bets immediately. This can be used as a huge advantage by punters from Nigeria since most of the outright bets do not offer high odds.
Let’s assume we have a match between Real Madrid and Barcelona with odds for a win for each team of 1.6 and 1.3, respectively. This means Real Madrid are underdogs, while Barcelona is favorites. During the match, however, the team from Madrid takes the lead with 2-0 which is reflected by the in-play odds. At that moment, the odds for the Catalonian team have risen from 1.3 to 2.5. If you really think that Barcelona will be able to turn the outcome of the game, then this is one of the cases when live betting is recommended for customers.
In-play betting is also very useful when you watch the game live and want to place some bets at the same time. That way you can bet on smaller markets such as corners, red and yellow cards, penalties and so on. This is due to the fact that you can constantly track the odds. Even if you do not have the ability to watch the match live, you can use the animated graphics most betting websites in Nigeria offer. They provide enough data for you to decide the outcome of the game and place the right bet.
What takes in-play betting on a totally new level is the live streaming option some betting sites in Nigeria offer. Live streaming gives you the chance to watch a sporting event in real-time either on your PC or your mobile device. If a sports betting company in Nigeria has a live streaming option in its catalogue, it speaks a lot about its trustworthiness. This is due to the fact that the rights to stream a game cost a lot of money which showcases the financial stability of an online bookmaker.
There are also some conditions that have to be met if you want to use the feature. For example, some sports betting sites will require you to have a minimum amount of money if you want to have access to the live stream. Others, on the other hand, will want you to have placed a bet in the last 24 hours. Nevertheless, the option is worth it, especially if the game you want to watch is not broadcasted on TV.
Mobile Betting Apps
Mobile apps have become an inseparable part of the catalogue of online betting sites in Nigeria. Top-rated bookmakers have developed fantastic apps and have optimized their mobile sites. That way players can enjoy online betting no matter where they are.
Most bookmakers in Nigeria have developed only a dedicated Android app. Nevertheless, they have made sure that their betting websites don’t encounter any difficulties on iOS devices. A betting Apk or App allows you to take advantage of the full potential of the betting platform. You can place in-play bets, watch live streams and play in the casino of the betting company in Nigeria.
There are, of course, some limitations. For example, some sports betting sites don’t offer the full interface of their live casino games, which is not a big deal. In the end, mobile apps allow you to play online 24 hours a day, no matter where you are. All you must have is a stable Internet connection on your phone or tablet.
List with the Top 3 Sport Betting Sites in Nigeria
Sports betting has been gaining a lot of fame in Nigeria for the last couple of years. Betting companies have succeeded in reaching the level of foreign bookmakers like Bet365 and Betway which haven’t had real competition for years.
In the following list, we will make a short review of our three best sport betting sites in Nigeria. In it, you will be able to see which is the fastest paying betting company, which one offers the largest number of markets and which bookmaker provides the best bonus on deposit.
Bet9ja is the leading online bookmaker in Nigeria which is strongly recommended for customers. This is the reason why it tops our list with the most trusted bookmakers. It offers a diversity of sports and markets players can place their bets on. You can choose from an impressive number of sports like football, basketball, American football, baseball, and tennis. You will also get the opportunity to place bets on a match from some of the most beloved football championships: the English Premier League, the Spanish La Liga, and the Italian Serie A.
The bookmaker provides a dedicated Android app as well, which will entitle you to play wherever and whenever you like. In Nigeria, Bet9ja is also the fastest paying betting company promising convenient ways to withdraw your money. This results in a really quick transfer from your betting account to your bank one.
Besides the overwhelming options Bet9ja has to offer, the bookmaker from Nigeria provides a lucrative bonus on first deposit. The good news is that you don’t have to wager the deposit plus bonus sum, but rather only the deposit 10 times.
Bet365 are a leading betting company not only in Nigeria but in the world as a whole. They supply high odds along with first-class live betting and live streaming platforms. Both their mobile site and online betting app provide all the features the site has to offer in the palm of your hand. Placing a bet on a match is also a piece of cake due to the brilliantly-developed interface.
The customer service of Bet365 sets the standard in the industry with its competence and quick solutions. Players also recognize the vast number of deposit and withdrawal methods as a reason to join the betting company.
What separates the English bookmaker from most online betting sites in Nigeria is the variety of bonus offers. Players can register, make their first deposit into their betting account and receive a welcome bonus. The promotions aren’t over, however. You can rely on constant special promos that you will receive by email, as well as various bonuses such as the accumulator bonuses for football, basketball, and tennis.
BetKing is a renowned betting company in Nigeria that offers a fantastic deposit bonus to its new customers. The wagering requirements are easy-to-meet, although you will have to wager the deposit plus bonus money before you can make any withdrawals from your betting account. BetKing also offers a bonus for existing customers which is active for accumulators.
The number of betting markets and betting online options also deserves praise. The Lagos-based bookmaker provides competitive odds and very helpful customer support. BetKing hasn’t developed a dedicated mobile app yet, but have thought for all of their customers. They have optimized their site into three different mobile versions – Mobile +, Standard Mode and Mobile Lite.
Betting sites in Nigeria are definitely competitive to their Western rivals and will give them a run for their money.
We can’t tell you for sure the exact sport betting sites that are recommended for customers or the fastest paying betting company because the industry changes daily. Even so, the criteria that we shared with you in this article should be the foundation you keep in mind when signing up for a new betting company.
You can also check our pages for football betting tips and online sports betting guide for Nigeria. Read them carefully if you want to have higher chances of success.
Remember to gamble responsibly!
Frequently Asked Questions
Should I use International or Nigerian Betting Sites?
As long as they are regulated, look for licences, it is down to personal preference to whether you bet at local or international bookmakers. Likey there are more local African markets at Nigerian bookmakers than there counterparts. Also, payment methods will play a big part in your decision, is yours available internationally?
How many members does Nairabet have?
Nairabet states that it has over 2 million subscribers to its online betting site.
Which Nigerian Bookmaker Has The Highest Monthly Turnover?
Currently, this is Bet9ja, with a reported monthly turnover of ₦10 million but this was back in 2016. More recent reports put it at ₦1 million a day
Are Safe or Risky Bets More Popular With Nigerian Punters?
Studies show that bettors in Nigeria prefer small stakes on higher odds to achieve a greater gain. One factor to this is the low wages compared to other countries where punters tend to place higher stakes but on safer bets.
How much is bet daily in Nigeria?
Nigeria’s betting industry is reportedly worth ₦5-billion a day.