Nigeria betting site reviews
We do know that having to choose a bookmaker can be a bit daunting, given the number of betting sites operating in Nigeria. However, we have done the heavy lifting. All bookies have their strengths and areas where they are not so strong. So, if you are new to betting, it is of utmost importance that you start out right. And with our page, settling for a bookmaker will be easier because we provide you with all the details you need. Our experts have dug into the Nigerian betting industry and identified a collection of bookies with the best offerings and promotions.
We analyse the online bookmakers and present the facts and figures through our betting site reviews. With that, you will be starting your betting journey with the information that is required to start on a winning note. Find more about sports betting and reviews for the best betting sites in Africa on our Mainpage.
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Nigeria betting site news of the month February 2023
- Good news Nigerian bettors! Parimatch is helping you mitigate losses on your bet through the Cut 1 & 2 offer. When you activate the feature, you can get up to ₦30,000 reward on your stake.
- Betking is still offering new and existing users in Nigeria the chance to win ₦50,000,000. When you predict the correct score of 6 matches this new month, you too can win big via the Betking Superpicks jackpot.
- Top bookmakers in Nigeria are inculcating exciting casino games on their platforms to make room for punters looking to win outside the regular sports betting activity. Right now, Aviator is the most prominently featured. The game is gaining traction due to its simple rules and regulations.
Nigeria betting site news of the month January 2023
- In line with its regulatory role in terms of consumer rights protection, The Federal Competition and Consumer Protection Commision, (FCCPC) is collaborating with top betting companies in Nigeria. This is targeted at driving inclusive growth in the betting sector to increase employment and revenue for the government.
- Owned and operated by Starlight Ace Verde Gaming Limited, Starbet has just launched its operation in Nigeria with a license from the National Lottery regulatory Commission and the Government of Curacao.
- The National Lottery Commission has unveiled ace musician, Olamide, as an Ambassador to further drive awareness about responsible gaming among young people.
Nigeria betting site news of the month December 2022
- After putting its operations on hold, Melbet Nigeria is back with improved features to serve punters better. Now, it has a new URL which is mel-bet.ng as opposed to melbet.ng
- A recent survey by the News Agency of Nigeria says Nigeria’s betting industry is growing at the fastest rate with about 66% of the population now active bettors on a regular basis. The survey was done in conjunction with regulatory bodies to ensure efforts are geared towards guarding against underage betting.
- Sportybet Nigeria has increased its maximum winning to ₦50 million, making it one of the highest payouts in the industry.
Nigeria history in betting
Nigeria is relatively new to sports betting when compared to other countries in the Western Hemisphere. However, online sports betting is beginning to catch on at a very fast rate. Nigeria, now, is one of the most competitive gambling markets in Africa. Online sports betting is regulated by the National Lottery Regulatory Commission.
Online gambling was legalized with the enactment of the National Lottery Act, of 2005. Some of the forms of gambling recognized as legal by this legislation include Land-based casinos, Lotteries, and sports betting.
With each passing day, the sports betting landscape in Nigeria spreading like wildfire and the betting industry in Nigeria has Na one a reference for the rest of Africa.
More bookies are obtaining licenses and setting up shops in Nigeria. And with internet penetration and mobile technology, more Nigerians are taking a liking to online sports betting.
Betting offer in Nigeria
Nigerians love their sports and certainly, they are not averse to making some quick returns off their passion. Thus, they put their money where their mouth is. Football is a very popular sport in Nigeria and most punters bet on Football. Most of the bookies operating in Nigeria have expansive betting markets and options for football in their Sportsbooks.
However, football is not the only sport Nigerians bet on. There are betting markets for Basketball, Tennis, and Boxing amongst many other sports. As you would have realized, there are quite a number of bookmakers offering betting services often with mouth-watering offers in Nigeria. We take it upon ourselves to present the different betting site offers and promotions in a concise manner to you.
Betting Promotions in Nigeria
One of the biggest draws for Bookmakers, whether indigenous or foreign betting companies operating in Nigeria are the promotions. And there are no shortages of promotions for Nigerian punters.
These promotions come in different forms and bettors can take advantage of those to get some healthy wagering balance or rewards. Some of the promotions and offers include welcome bonuses, Free bets, Accumulator bonuses, and many more. The most popular of these lot is the welcome bonus and most of the bookies in Nigeria offer new customers a welcome offer.
It is important, however, to understand the intricacies involved in landing yourself the full value of a welcome bonus offered by a bookie. You have to understand the wagering requirements and follow it as presented by the bookmaker. The terms and conditions also, are of immense importance if you are looking to benefit from a bookmaker’s promotion. You need to read and understand those conditions before signing up for a welcome offer or other forms of promotion.
Currently, some of the best welcome bonuses in the market are offered by 1xbet, and 22Bet. Nevertheless, it is important to note these offers are subject to changes, and trust that we will keep you in the loop as soon as there are changes.
Availability of Mobile Betting Apps
We are in the age of technological advancement and the sports betting industry is not lagging behind in this regard. To this end, Bookmakers are making use of technology to expand their customer base with quality mobile apps for betting on the go.
The Bookies are constantly looking to outdo themselves and a great mobile betting app is an avenue to steal a march on the competition. The days of being stuck in front of a desktop for hours to place a bet are long gone and mobile apps are now doing the trick. Generally, punters consider convenience when looking to choose a betting site. So, a bookie with a sleek, responsive, and user-friendly Mobile app is likely to be top of the pile.
Payment methods vary for the different betting sites. Nonetheless, there are some common payment systems so popular that they are common to many betting sites. A good number of the payment methods are devoid of charges, as the bookies have taken the responsibility of absorbing those charges in most cases. There are also set limits for deposits and withdrawals and they also vary from one bookmaker to another. You can take a look at our list of bookmakers and find all the payment methods available on your preferred bookie.
Some of the popular deposit and withdrawal methods in Nigeria are as follows:
Bank transfers, USSD, Payment Gateways (i.e., Paystack, Quickteller) Credit cards (Visacard $ MasterCard) OPay, Internet Banking, Bank Deposits, ATM Deposits and many more.
Settling of winning bets by most betting sites in Nigeria is principally done via Bank transfers. Other means of withdrawing funds such as Mobile money, are currently not available in Nigeria.
So, to make a withdrawal from your betting account, you need to own and operate a valid bank account. The withdrawal time frame ranges between instant payment and sometimes up to 24 hours.
Sports betting is absolutely legal in Nigeria, as there are legislations both at the federal and state levels backing online gambling in the country.
However, for anyone to place a wager on an online betting site, they must be above the age of 18, and depending on the bookmaker, they may be required to verify their identities to guard against all forms of financial impropriety, especially money laundering. Some of the documents required for this purpose are Drivers licenses, Birth certificates, and International Passports amongst others.
The sports betting industry in Nigeria is regulated by the National Lottery Regulatory Commission. This is a body set up by an act of parliament to issue licenses to betting companies to oversee the activities of bookmakers and all other forms of gambling. Hence, betting companies are required by law to obtain licenses before setting up operations in the country.
Additionally, some states in Nigeria have set up their regulatory bodies to oversee the business of sports betting within their respective states. For example, Lagos state has the Lagos State Lotteries Board, while Oyo state has the Oyo State Gaming Board established to regulate online betting in their respective domains.
Security and Seriousness
Before you sign up with a bookmaker, it is advisable that you take a look at the status of the betting site. You might want to ask yourself some questions: Are they licensed? Is the betting site safe? And so on. If the answers to these questions are positive, then you can go ahead and pitch your tent with them.
Sports betting is a serious venture and it should be treated as such. Therefore, we advise you to do a background check before registering with a betting site. Also, the importance of reading the Terms and Conditions cannot be overemphasized. Reading and understanding it will give you an insight into the operations of the bookie.
There are many bookies operating in Nigeria. But for you to make the best decision we have identified some betting sites and we are glad to recommend them to you.
In reaching this decision we considered the betting sites which offer the best betting experience to customers. We considered indices such as easy navigation, betting markets and options, Payment systems, and betting odds. After our test, we discovered the following to be excellent choices for punters. 22Bet offers an almost endless market with competitive odds. They have responsive apps for both Android and iOS devices. 1xbet also offers similar services to bettors. Betway Nigeria is another option with a responsive website and great odds.
There are quite a bunch of bookmakers who can compete favorably with their international counterparts, but Bet9ja is the pick of the bunch. This bookie offers diverse betting options and payment methods, plus, a very broad Sportsbook. You can always have a look at our list of betting sites in Nigeria. You can learn more about their products and offerings this way.
Betting sites in Nigeria – FAQ
1xBet offers a payout rate of 98%, the highest rate in Nigeria presently. This lends credence to 1xBet’s status as one of the prominent bookies that have over the years garnered a thorough understanding of today’s market and how to cater to every bettor’s needs.
Nigeria’s betting industry has grown into a more tech-driven one with many bookmakers creating mobile apps so users can have access to products and features at their fingertips. Mobile apps have now become an integral tool with which a betting site retains old customers and attracts new ones.
While many bookies offer a well-optimized app for punters, from our research, Betway mobile app stands out as the pick of the bunch. To help users have a hassle-free betting experience, Betway offers the best mobile app for the following reasons:
– Good Interface
– Ease of navigation
– Well-structured section with designated icons
– Access to promotional offers
– Plethora of betting markets
If you are looking to track your bet in real-time or wager while the action is on, we strongly recommend Paripesa. To use Live betting on Paripesa, click on the ‘Live’ icon on the left part of the page and you will enjoy the following:
– Access to multiple in-play sports events
– Variety of betting markets depending on the time remaining
– Competitive odds on the live games
– Up-to-date information as the game unfolds
As a rookie or advanced bettor, nothing is as good as having access to a swift method through which your questions and queries are resolved. To ensure a prompt resolution of customer complaints, betting sites in Nigeria offers a wide range of support mechanisms such as:
– Live chat
– Facebook, Twitter, and Instagram
– Contact form
The availability of a safe and easy means of payment is one of the pivotal factors bettors consider before signing up with a bookmaker. With a secure platform and operations well-regulated in line with international standards, the top betting sites in Nigeria offer different payment methods such as:
– Bank Cards (Visa, Verve, and Mastercard)
– Bank Transfer
– Ewallets (Opay, Astropay, Palmpay, Mybux, Perfect Money e.t.c)
– USSD (GTB *737# e.t.c)
– Internet Banking (Kuda, Flutterwave e.t.c)