The sport betting industry has impacted Nigerian society in a great way, apart from creating an opportunity to test the knowledge of fans with respect to the team they support, this industry has also successfully created job opportunities, increased tax revenues for the government as well as discovered different talented sport analysts. As with all industries, there are challenges faced by sport betting companies in Nigeria. With issues arising from poor power supply, long pay-back time in retrieving money from the agency as well as requiring high start-up capital.
According to CEO of bet, the challenges experienced at the start up phase of the business are enormous. To start the business, you need to secure a reliable and reputable software provider to power and ensure security from hackers on your betting platform. Then, getting the funds required for the registration and licensing is another difficult phase. With all that solved, the next stage is battling with the societal stigma attached to betting and gambling related businesses which are highly misconstrued as illegal by a large populace of the Nigerian society and condemned by most religions.
Also, there are issues of acceptability and trust among customers, as well as the workforce that are recruited for expansion purposes. Finally, to surmount all these challenges, one needs to make provision for procurement of requisite equipment as well as fuel cost for generating power. It is important to note that all forms of gambling are restricted to all citizens of Nigeria below 18 years of age. Sports betting is an extremely profitable business in Nigeria. Roughly 60 million Nigerians between the ages of 18 and 40 are involved in active sports betting.
On average, these punters spend around 3, Naira every day on bets. Sports betting provides Nigeria football fans with the opportunity to earn money from what they love. In , sport betting shops can now be spotted in almost every street in Lagos and new ones are propping up daily. A leading report on Gambling in Africa published in by KPMG reeled out some startling numbers on the sports betting industry in Nigeria.
The online sports betting industry in Nigeria has registered tremendous growth in the past few years with more and more operators entering the market. How do you start an online sport betting business in Nigeria? This is the most important decision to make since you will be entering a long-term partnership with your sports betting iGaming software provider.
Take your time to evaluate the existing options in terms of quality of services offered and price. You want to choose a software provider that has a deep understanding of the online gaming industry and experience in launching successful online betting platforms. Obtaining a gaming license in Nigeria requires approval from several operators.
The way your website looks is very important. You need to choose an attractive design or invest in your front end development because it is the most important aspect for your players when choosing among tens or hundreds of similar betting websites. Also, make sure that your website is responsive on mobile devices because that is where the largest audience resides. With a large number of options for punters in Nigeria in terms of both domestic and international betting platforms, deciding which bookmaker is the best is no easy task.
Betway registered itself in the Nigerian market with the aim of offering a dynamic, easy-to-use betting product that Nigerians can access to win big off of small bets. This means that you can expect low minimum bet requirements with massive potential payouts above the industry standard.
It was only in that the first licenced bookmaker opened its doors to the public, sparking a nationwide move to wager on sporting events. The introduction of online and mobile betting sparked another major shift in the industry, with bettors able to place multiple wagers on both local and international sports without leaving the comfort of their homes.
To give you an even better idea as to what bettors in Nigeria can enjoy, African Betting Guide has put together the following information. There are plenty of betting sites in Nigeria , but only a handful pass our review teams expectations. We make sure to try all betting sites to make it easier for you to choose the betting sit that lives up to your expectations. Below you will find the top 3 betting sites in Nigeria that we at African Betting Guide highly recommend.
Even if you are not into betting, everyone in Nigeria have heard about Bet9ja. Bet9ja has established them as a local favorite in Nigeria and has become a household name. They offer a great betting experience and their mobile app make it easy for anyone to bet on their favorite sports, wherever they might be.
If you not interested in downloading an app, Bet9ja mobile version also offer a great betting experience. If you interested to register with Bet9ja and get your Bet9ja login, you can go ahead — we highly recommend this betting site. Another betting site with great reputation is Betway, who only recently started to offer their services in Nigeria.
Betway Nigeria offer the full betting package with great odds, a big welcome bonus and a super user-friendly layout on both mobile and computer. After many tests we can with honestly say that Betway Nigeria is a great betting sites and we highly recommend them. Many of you have probably never heard about 22Bet , but we at African Betting Guide gave this underdog a try — and we must say that we were very surprised with the betting experience that 22Bet offers.
The main issue, however, is the lack of local banking options — which they planning to add in the future. Most forms of gambling are legal in Nigeria and are enforced by the Criminal Code Act, which was updated in According to the gambling laws in Nigeria, games of chance such as Roulette, dice games and non-skilled card games are illegal. Sports betting, skills-based casino games and the lottery are deemed as legal forms of gambling and regulated by the National Lottery Regulatory Commission.
All Nigerian-based bookmakers are required to obtain licenses from the NLRC with strict regulation and controls. Overseas operators are allowed to offer their products to Nigerian citizens as long as their regulations do not contravene those of Nigeria. Foreign-based online betting sites are granted licenses by the regulatory authority from the jurisdiction where they are based. Some of the larger international sites use bit and higher encryption with two-phase authorization for enhanced security.
Bettors can also improve their safety online by creating strong passwords and using a password manager to protect their login information. At African Betting Guide, we also recommend that you keep all login and banking details private so that no one else can access your account.
Even though the sports betting industry is just over 10 years old, the number of locally operated online betting sites is quite vast. When choosing a betting site to sign up with, there are a number of features you should be looking out for. Firstly, the site should be easy to use, functional and accessible. It should also offer a wide range of sports and markets, competitive odds and reliable customer support.
It is also a good idea to find a site that offers decent signup bonuses and ongoing promotions. There are plenty of safe and convenient ways to fund your online betting account in Nigeria. Simply log on, select pay by ATM card and fill in your details. Another popular option is to pay by direct bank deposit. They did this through the use of easy-to-understand technology, Betway introduced brand new ways to bet to passionate football fans. This company is one of the top betting sites in Nigeria ever since and still one of the best till now in Nigeria.
Visit BetWay Nigeria and turn that passion you have into cash rewards. SportyBet is a recently launched and fast paying betting company in Nigeria. Sportsbet offers all game betting which includes basketball, football, tennis, rugby, cricket, volleyball, ice hockey, handball, darts, etc. The SportyBet app is super hot, which you can download on your Android smartphone.
You can use the app for instant cash out and also you can get winning notifications from the app. Lionsbet does not operate only in Nigeria the betting company, Lionsbet has its stand in other countries like Zambia. BetKing is a sports betting company in Lagos Nigeria.
BetKing launched recently and the company is growing fast and aging huge audiences in the sports betting industry. The company offers online services nationwide and agency services in Nigeria. They also have considerable high odds. Did you know that in Live Betting with BetKing, the odds change right up to the 90th minute? Well, with BetKing this is possible and it is awesome. To register and open an account on BetKing, go to www. Sure Bet as the name goes means with SureBet you can always go to SureBet to make bets anytime any day anywhere you are irrespective of the device you have with you — a smartphone or a laptop goes well with opening the SureBet website.
Players In Nigeria and beyond the county can use AccessBet. They Have it All. Offerings go beyond traditional sports betting, as it also offers exquisite modern Casino Games, popular demand Dog race, and Horse race together with 3D virtual football. Visit Access Bet via www. Without a choice Bet has to be on the list of top 10 best betting sites in Nigeria because of their reliability.
It only takes a few hours to withdraw your money from your betting account to your bank account. You can also place bets on a match or games that have already started or still in-play Visit www. Those are my top 10 best betting sites or let say betting companies in Nigeria.
The selection is based on a review that some sports lovers did with GadgetStripe in combination with what some talented betting analysts said and Gadgetstripe put all cases into consideration. A quick Advice :- Make Sure you do all of these with moderation and not just anyhow. One thing you should always do when you get to any of these betting sites companies is to make sure you go through their terms and policy to avoid stories that touch.
With this, you will be able to understand how the site pays and other things included. Also, you should take Their percentage and cut out on pay can change so make sure you take note. Connect with GadgetStripe on Instagram.
Sports betting in Nigeria has always been a favourite pastime, and there is a growing number of global and domestic online betting platforms becoming available to Nigerians all the time. So, the big question is which of these can you trust, and which is the best betting site for you? At BettingTop10, our expert analysts review all the top betting sites in Nigeria based on the extensive list of factors detailed below.
We then recommend only the very best sites — those which manage to meet all of our strict requirements — to leave you with a selection of the most trusted and professional betting sites in Nigeria. Betting at a trustworthy site allows you to forget about those worries and concerns and concentrate on your betting experience.
So, we hope that you take our free betting tips on board and choose one of our top recommended sites for sport betting in Nigeria. By putting faith on our betting site, you will gain exclusive access to the best online sports betting offers on the planet.
Betting Site Review Conditions:. A top-level site needs to provide you with the full betting package: it should cover everything from attractive welcome bonuses and secure banking to diverse betting markets and intuitive navigation. Use our recommendations to immerse yourself in the best possible online betting experience. The site is currently licensed through the Curacao and UK gambling commissions for all global punters, and the Anambra State Gaming Company has issued a license for their operations in Nigeria.
One of the highlights of 22Bet is their attention to detail in sports betting markets. The wide range of betting markets makes it perfect for any sports fan, especially when you start to click through the vast number of football leagues that span across Africa, Europe and beyond.
Other popular sports include tennis, boxing, snooker, cricket and basketball. In total, there are 35 sports available to bet on with up to 2, daily events offered across desktop and mobile platforms. This variety is one reason why we recommend 22Bet to our Nigerian punters: there truly is something for everyone.
If we look beyond the betting markets then we also find a good selection of betting features that include cash out, live streaming and in-play betting. These are essential features for modern players that allow you to make the most of your betting experience. No sports betting site should be without them. Banking is also well covered, making it easy for you to fund your betting account, withdraw your winnings and generally stay in control of your money.
The customer service team is known to be knowledgeable and willing to help. You can contact them through live chat, email and telephone. With plenty of sports markets and an easy-to-use website. Bet9ja is the leading betting operator within Nigeria and currently dominates the online betting landscape here, with its Lagos State Lottery Board and State of Osun licenses.
Founded in , the betting platform is solely for Nigerian players and there is no international customer base whatsoever. All the top football leagues and tournaments are covered in great detail, with special pages dedicated to top scorers, specials and outright winners. But since not everyone is a footie addict, you can also find other sports that Nigerian punters like to bet on like basketball, tennis, baseball and entertainment-based markets such as TV specials and politics.
Along with its wide range of markets, Bet9ja also supplies a host of handy betting tools such as live in-play betting and live streaming. Following football live is a huge pastime in Nigeria, and being able to bet during a game adds a lot of value to the overall betting experience. All the most popular bets can be found in the in-play markets including first goal scorer, both teams to score and outright winner, amongst many others. The main benefit of using Bet9ja over the international betting sites is that you can deposit directly with Naira.
The additional welcome bonuses and existing promotions also allow you to deposit Naira and claim bonus money to boost your bankroll. Signing up to Bet9ja is a top choice for any punter located in Nigeria due to its localised banking options and in-depth football markets. Bet9ja has been designed for Nigerians and is the premier sportsbook in the country, with excellent branding and lucrative sponsorship deals. Betway needs little introduction as it is one of the biggest and most popular betting companies online.
The Betway Group first burst onto the scene in and has continued to grow its online betting platform across the globe. The UK and Malta gambling licenses have allowed Betway to expand out across multiple countries and the Lagos State Lottery Board license, in particular, has given them access to operate within Nigeria.
The Betway platform covers at least 50 different sports with thousands of in-play events available on a daily basis. Nigerian punters choose Betway because of the vast number of football events available, with all the top leagues and tournaments covered in detail. For those looking for daily betting options, the site also offers a wide range of lower-league football from across the world, helping to fill in the gaps when the top teams are not playing.
Multiple sports markets, great promotions, useful betting tools and lots of banking options are what makes Betway such a popular choice for Nigerian online sports bettors. Betwinner was established in and has already gathered a lot of momentum up and down Africa, becoming a household name in just under two years. The initial interest from Central and Eastern European punters has grown far and wide, and none more so than in Nigeria.
This interest has always been centred around the in-depth football markets which Betwinner has made its speciality. Betwinner dedicates a lot of its resources to football, with a wide range of options and special bets giving punters plenty of variety throughout the week.
All the top tournaments and leagues are covered across Europe, with the Champions League, Europa League and international football events taking centre stage on the site as they happen. Other sports found on the site include American football, baseball, basketball and ice hockey. The site itself is clear, clean, and easy to navigate and use.
The in-play markets are all easily accessible but the live streaming is limited, and is something that Betwinner will absolutely be looking to rectify in the future. Another benefit of betting at Betwinner is their mobile optimised site. It goes hand in hand with the live in-play markets. The ability to bet wherever you are, while the live action is being played out, is important to all modern-day punters. Betwinner might be a relative newcomer in the online betting space, but they are coming up fast, and are already one of the most popular betting brands in Nigeria.
So if you are looking for a clean and user-friendly betting site, then make sure you take a look at Betwinner today. All the top leagues and tournaments take top priority on the site, and so you can quickly find your favourite teams and make best on the biggest matches. Elsewhere on the NetBet platform, punters can bet on basketball, tennis, American football, baseball and ice hockey.
The odds are also generous which means you can receive very good returns on your bets. Add2Bet allows you to add selections to your current bets to increase your cashout values. SnapBets allow you to bet on events in the next 30 seconds, 1 minute, 2 minutes or 5 minutes of live sport, giving you quick-fire bets that you can place in real-time.
Sometimes a betting company needs to offer something different to stand out from the crowd, and these awesome betting tools at NetBet do exactly that. Along with the in-depth football markets and the Lagos State Lottery Board license, this is a site that offers everything to Nigerian online sports betting fans. Yes, sports betting in Nigeria is legal and there is no issue when it comes to betting online either.
The major gambling laws in existence fall under the Criminal Code Act with the National Lottery Regulatory Commission NLRC being the highest regulatory body in the country, with its most recent laws being updated in Why is comparing betting sites so important? With the sporting season in full swing, everyone is looking to win by betting on their preferred markets. And you should too, but this is only feasible if you choose the right sportsbook.
A good betting site is one that offers a level playing ground for punters to have a bet. Every punter knows how important markets and betting odds are in the scheme of things for sports betting sites. A good betting site should have a wide array of markets to choose from and the betting odds offered have to be quite competitive.
Yet some lackluster betting platforms are still playing catch-up in this regard. Also we keep an eye on the different bet types and new markets like esports betting. For the average punter, the dream is to win big on a small stake. Betting site bonuses and offers are avenues a punter can explore to make this happen. Good betting sites have offers and bonuses that are favorable to punters — the terms and conditions are not so stringent.
A good betting site has live betting on a large array of markets. Unfortunately, some of the betting platforms in Nigeria underwhelm massively here. The best betting sites in online bookmaking have swift payment methods for both withdrawal and deposits. Bookmakers offer various ways to deposit real money to make the process convenient.
For withdrawal, you will be required to make a transfer of funds from your betting account into your bank account. While deposits take minutes to reflect, successful withdrawals could be hours. With more Nigerian punters placing bets using their mobile devices, a good betting platform should have a mobile-friendly site that is seamless to use for everyone.
You can tell a good betting site from an inefficient one by the level of security features incorporated to safeguard the funds of users. Nigerian punters are also allowed to judge bookmakers based on their reputation. For instance, Operator X is renowned for paying massive winnings to successful punters without blinking.
The nature of the customer service offered by a betting site is another parameter often deployed to assess bookmakers. You need to select a sportsbook that takes all these factors into consideration — no exceptions. The betting industry in Nigeria has gone from brick and mortar shops that were the only practice in the early days to the inclusion of betting sites — and there are a lot of those.
Many Nigerian punters find the convenience of having a bet in the comfort of their home irresistible. The betting industry in Nigeria has become highly competitive, and old guards like Operator X are continuously on their toes to grow their customer base. With every passing day, competition grows stiffer, and this should work in favor of the Nigerian punter. The betting industry in Nigeria has changed a lot.
New players have come on board, and with them, new betting pages. Everyone is looking to get the ever-enthusiastic Nigerian punters to use their platforms. This has brought about a transition from the old ways of doing things. Some new betting sites now offer a diverse selection of markets, interesting innovative features that might reduce the risk involved, and mouthwatering bonuses. Of course, this has certain clauses attached such as the number of games, the minimum odds to qualify, and others.
Beyond the additions, many new bookmakers have reduced the minimum staking amount as well as tied up financial loose ends. On some of these sites, you could use as low as N10 to bet on your preferred outcome. This is a game-changer in an industry where you need to place bets with a minimum of N or N50, depending on the sportsbook. While it can be difficult to figure out which bookmakers in Nigeria have your interest at heart, bettingsites. On bettingsites. While some betting companies might have restrictions on the countries that can access their platform, the ones posted on bettingsites.
Following our assessment of some outstanding bookmakers based on their attributes, we have compiled the best betting platforms in the list visible at the top of the page for your perusal. All of them of course have a focus on football betting and therefore recommended betting sites for football. The National Lottery Regulatory Commission is the government agency responsible for overseeing the activities of these betting companies, ensuring they keep to their end of the bargain.
The agency screens new entrants based on their financial strength and their business model before presenting them with a license. Since the National Lottery Act, , and the relevant aspect of the Criminal Code permits only skill-based gambling as well as the possible places where such can be set up, the buck stops at the table of the regulatory agency to confirm which companies are eligible and those found wanting.
Considering the archaic nature of the laws relevant to betting in Nigeria , loopholes have been identified especially as it concerns online platforms. This has given room for some betting sites that are incapable of meeting the minimum requirement set by the National Lottery Regulatory Commission to operate. In helping you to identify the betting platforms with the license to operate in Nigeria, we have compiled a list of the bookmakers that have the required permit below:.
You could use either your mobile device or a computer to register. Through these bonuses and promotions, you can reduce the risk involved in having a bet, increase your winnings, and maximize the returns on every bet placed on the betting platform. The bonus involves depositing your funds and getting a percentage of that as a bonus. As appealing as these bonuses might seem to be, they often have terms and conditions, else Nigerian punters, renowned for their exploitative ways, will abuse the system.
For instance, Operator X requires you to rollover the bonus about 10 times at a minimum of 1. This highlights the importance of reading the terms and conditions with the use of betting portals. Free bets — Nothing is free, not even free bets. Acca bonuses — these are quite popular among betting pages in Nigeria , and every user can take advantage of these bonuses.
Here, the possible return of your accumulator is increased significantly by a percentage that goes higher as you add more games. One reason why this is so popular among bookmakers is the massive risk involved. VIP promotions — some bookmakers in Nigeria offer VIP status and financial reward to punters with winning tickets that have the largest odds.
Despite how tempting bonuses can be, many are just bait set by the bookmakers to trap you. But some really good bonuses can be exploited to your advantage. You can easily identify a good bonus offer based on the following attributes:. While some Nigerian punters agree with the attributes we talked about earlier and base their choices on all of them, others tend to settle for any bonus that meets one of the criteria highlighted above. This complicates the task of picking the best betting pages.
To circumvent the situation, we utilized in this betting guide the following factors to reach a decision on which platforms are the best:. Though markets are expected to be the same across betting platforms, they are not. This is not typical on nigerian betting markets but a general thing.
Some sportsbooks offer odds on obscure markets while others are more laidback in their offering. Football Betting of course is most popular so we put the focus on this market. The best betting pages have all of the markets in certain sports, so your preferences are adequately catered for.
Bookmakers differ in the odds offered for selections in the markets available. Bookmakers provide bonuses mostly via a bonus code to punters to keep things interesting. The welcome bonus, accumulator bonus, free bet, and others are some of the offerings from betting portals. Yet, how helpful these bonuses will be to you depends on the bookmaker involved.
We arrived at the best betting portals based on our comparison of their bonus offering. Wagering on an on-going sporting event has become a thing. If your live bet wins, your winnings are made available immediately. However, betting pages differ in the markets accessible in live betting. You should only place a live bet on a betting portal that has a wide array of markets with odds that increase with every passing second.
Based on this factor, we have compared sportsbook platforms and found some betting pages more flexible in their offerings compared to others. While many betting platforms have built websites that are compatible with mobile devices, some have limited the features available.
This can pose a problem when you have to use such sportsbooks. Our list of the best betting sites takes the layout and mobile platform of these entities into consideration. No one wants to wait days before their winnings are disbursed. The minimum deposit is always listed in our reviews. The deposit timeline is currently shorter due to the emergence of payment gateways. Yet, funding betting accounts on weekends can be difficult as some of the payment channels are limited to business days.
With hackers on the prowl, every sportsbook should have some level of security.