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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. According to the rankings, Bet9ja is the No. Whether you are a fan of the Premier League, the online casino, virtual and racing products or Super9ja jackpot, Bet9ja is the bookmaker for you.
The platform has managed to gain tremendous popularity within a short period of time. One of the newest Nigerian betting sites is Sportybet. Sportybet offers all games betting which include basketball, football, tennis, rugby, cricket, volleyball, ice hockey, handball, darts, etc. BetKing is the fastest growing betting company in Nigeria. With headquarters in Lagos State, BetKing is working towards a nationwide expansion that places several physical shops across all states in Nigeria.
That is an excellent way to fuel your new account and start your Nigerian sports betting adventure. Visit MyBookie. It also has tens of millions of active bettors with interest in a wide variety of national and international sports. The country has recently experienced a huge expansion of internet availability, which is extremely important when online sports betting is the only state-sanctioned method.
These are predictably the five largest markets for sports betting. The most popular sport to bet on in Nigeria is football—the Nigerian Professional Football League is rated as the best in Africa and the 24th best globally, ahead of even the Scottish Premier League. If Nigeria qualifies for the World Cup in Qatar, expect a huge increase in wagering action.
If you are wanting to bet on sports while you are in Nigeria, it is important for you to know what currencies are accepted. Online offshore sportsbooks have always been good in accepting most forms of currency, but they still need specific currencies from specific countries. Luckily, going to a sportsbook in Nigeria allows you to use some of the more common currencies in the world.
Bitcoin and other cryptocurrencies are the best way to deposit money into your sportsbook account. There are no fees and the money you deposit gets credited to your account faster than any other deposit method.
If you are looking for other deposit methods that you can use in Nigeria and online offshore sportsbooks, check out our list down below of the sportsbook deposit methods. If you are wanting to bet on sports in Nigeria, of course, it is important to know what withdrawal methods you can use when you win your wager. Most of the time, there are fewer ways you can withdraw your money than depositing your money. But you can rest assured that the withdrawal methods that you can use are absolutely safe and secure.
Online offshore sportsbooks thrive on reputation in Nigeria and they do not want to break that. Bitcoin will continue to be the best way to withdraw money from your account. The reason for that is simply due to the fact that there are no fees with using Bitcoin and it is extremely fast to get money in and out of your account.
If you are wanting to check out the other withdrawal methods, feel free to check out our list down below. Nigeria is in an interesting state where despite having retail sportsbooks operating within the country, sports betting is for the most part unregulated. The retail books do not answer to any entity and online sportsbooks are readily available. The government simply allows these books to operate unabated. This could change in the future, as the Lagos State Lottery Board regulates lottery, scratch-offs, and others in state gambling operations.
If voted on; they could possibly add sports betting to that list. For now, sports betting in Nigeria is essentially unregulated, allowing everyone regardless of where they live in Nigeria to partake in legal sports betting. What is known, however, is that land-based operators are taxed on their profits.
The percentage of the tax is generally unknown though as many believe sportsbooks operators pay taxes that are comparable to what typical businesses in Nigeria pay. Either way you spin it, the common narrative is that if the government finds a way to properly regulate sports betting with updated legislation, the market for betting in Nigeria could explode.
Due to the Coronavirus Pandemic, the sports betting market in Nigeria for has taken major losses. The problem lies in the number of sports bettors in the country interested in live sports matchups rather than the virtual kind that so many gamblers of the world had to turn to when COVID suspended most major sports tournaments.
Not only is there a lack of interest in virtual gaming, Nigeria only offers land-based sportsbooks at this time. While many people in the country now have smartphones and internet access, Nigerian mobile sports betting is not something that gamblers in the country have access to or seek access to.
However, as the pandemic continues and brick and mortar facilities are limited or closed, sports bettors in Nigeria may warm up to the idea of mobile sportsbooks because major league sports are now making their way back as of July and Nigerians need somewhere to turn in order to place bets on the games.
Although the year did not start out so great for the sports betting market in the country, or worldwide, the start of could see a huge surge in business for sports wagering in Nigeria as venues reopen and sports are now back. There are currently three government-licensed casinos in the country of Nigeria where you can bet on sports. For those bettors in Nigeria who prefer legal online gambling, there are plenty of banking options for you to use, but many online gambling sites in Nigeria only use the American dollar for deposit and withdraw.
The future of legal sports betting in Nigeria is on the rise. The sports industry in Nigeria runs rampant with soccer, basketball among others are booming in popularity. Many residents prior to this were deterred by constant fraud sites or terribly slow internet speed and instead chose to stick to land-based casinos and sportsbooks.
Since new methods of digital payments are making the banking process simple, more native Nigerians are taking up online sports gambling. And the numbers will only continue to rise. Those wanting to partake in legal sports betting in Nigeria have to be of a restricted age limit. In Nigeria, the legal sports betting age is This rule applies for all of the legal and government-licensed casinos and land-based sportsbooks in the country.
As for online sports betting, the majority of online sportsbooks in use in Nigeria require an age limit of 18 as well.
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Necessary Necessary. Non-necessary Non-necessary. Visit Sports Sportsbook Review. In Nigeria, football betting has a long history that can be traced to colonial times, when pool betting was popular, especially among older adults. Since then, more younger people have taken up betting on the results of football matches, including European league football. The country has many betting outlets where people can place a bet manually.
They can also open an account online with a betting company, using a debit card, and place bets on the website or app. A report revealed that about 60 million Nigerians between the ages of 18 and 40 are involved in active sport betting. Two factors are responsible for increasing football betting among youth in Nigeria.
One is the increase in poverty and unemployment. The youth unemployment rate in was put at According to the National Bureau of Statistics, Betting may appear to be a way to make quick money, either as a betting operator or as a gambler. The second factor driving and enabling football betting in Nigeria is the growing use of the internet and smart mobile phones.
The number of internet users in Nigeria is million based on figures from the Nigerian Communication Commission. It is easy and convenient for people to place bets online using their phones. Read more: Why smartphone gambling is on the up among African millennials.
I was interested in the potential consequences of this situation for Nigerian society and particularly for young people. I wanted to know whether the ease of online betting for economically hard-pressed young Nigerians was creating any social problems such as conflict, crime and addictive behaviour.
For my study , I collected data from in-depth interviews with fans of European football clubs, betters, parents and guardians of fans and betters, security personnel, owners and operators of betting outlets as well as football viewing centres in Lagos, Ibadan, Oyo State, south west Nigeria and Yola, Adamawa State, north east Nigeria. In addition, I observed betting activities and collected data from recent online news reports and other published works.
From the various interviews conducted and my observation, I found there was a link between football betting by young Nigerians and a perceived increase in violence and criminal activities. But in my view the answer is not to ban such betting but to address the unemployment and poverty which propel people into it. My interviews and observations in the field show that there is a concern about teenagers stealing to fund their football betting.
A parent interviewed in Adamawa State explained that:. I noticed that money was getting lost in our house on daily basis.
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. Betting accounts have been known to hold massive sums, so there should be a secure barrier against unauthorized access to such.
Beyond the security features found on a betting site, you have to consider its reputation. While many betting portals in Nigeria are just entering the market, they can still be assessed based on the general reputation. We considered both the security and reputation of betting portals before arriving at our list of the outstanding ones. Considering how time conscious certain bets can be, the best sportsbooks have different means through which you can communicate with their staff such as chats, emails, messages, and phone calls.
With the growing number of betting portals, knowing which ones are trustworthy can be difficult. The ideal approach towards identifying the genuine bookmakers will be to confirm they have the license to operate in Nigeria. Fortunately, the sportsbooks that are featured on bettingsites. You can tell a suspicious betting site by its lack of a license.
The reviews of previous users can help you to identify the betting platforms to avoid. Nigerian punters are known to make their grievances regarding a sportsbook felt through social media platforms. You can take a look at the social media accounts of these betting sites to have a feel of what Nigerian punters are saying about them. To help you to exploit different sportsbooks to your advantage, here are some valuable tips from our betting guide to utilize:.
Nigerian punters take betting markets for granted. If you know the grey areas of a betting market, you can make the right kind of bet that takes into consideration your stake and the potential return. Betting remains a form of gambling, and it can be just as addictive. To exploit the possibilities on betting sites , you need to don your suit of self-restraint. Stake what you can afford to lose and never bet just for the sake of it.
To win at betting, having a strategy is non-negotiable. Just like you need a plan to excel at anything, a betting strategy gives you an edge over the punter without one. Never opt for the scatter-gun approach as such increases the risk involved. Surprisingly, these bets do fail despite how small the odds are.
Avoid such bets. Instead, try to look out for selections that are reasonable with decent odds. Of course, there are legal betting sites in Nigeria. On meeting the criteria set by the National Lottery Regulatory Commission, the betting companies are provided with a permit to operate in Nigeria. This depends on the betting site involved. For some, you will need to enter the bonus code when registering your betting account. Others just require you to deposit your money and get the welcome bonus.
Yes, there are terms and conditions attached to the use of betting sites in Nigeria. Our top betting sites in nigeria from the list above are all specialized in football betting. You can choose each of them. Esports has become more and more popular in the last years. We recommend betway if you want to try out esports betting. The minimum deposit at online sportsbooks is mostly around N It is important to compare the sportsbooks for finding the best bonus offer for you. Now, you have options.
However, with the betting pages comparison and sports betting guide handled by bettingsites. What could be better than that? Start betting on sports today! February February Primeira Liga. Grab Bonus. As a result, this guide has been created to provide readers with a detailed look at the different areas involved with sports betting, including markets, usability, mobile betting, live-streaming and customer support, among other factors.
As well as this, our in-depth FAQ section will quickly answer some of the most commonly asked questions when it comes to placing bets online. Having read our guide, you will have a much clearer picture of the market, as well as the major players within it, allowing you to make key decisions regarding your individual sports betting strategies.
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Operating since Easy to use sportsbook Excellent live betting center Surebet Review. Is there a list of the best betting sites in Nigeria for ? What makes a good betting site? Stake Back promotion today at betBonanza. You can create a betting account within 3 minutes, depending on the bookmaker. Yes, we do update our list of online bookmakers with the latest offers.
Yes, most of the mentioned betting sites are also offering horses race betting. Wide range of sports markets Attractive and easy-to-use website Excellent live-betting capabilities. FC Porto vs Boavista CD Nacional vs Sporting Farense Villarreal vs Real Betis Best Betting Sites. Bet now. Best Welcome Bonus. Bet Now. Euro — articles Best Euro Betting Sites. Betting odds for the European Championship finals. Best Betting Apps. Betway App.
Betwinner App. Bet App. Best Betting Site in Test. Betway : Well-established bookmaker in Nigeria. Betway Review. Nowadays, most sportsbooks that you will come across will have a compatible mobile site that you can use to place bets on the go.
However, more and more sportsbooks are now creating betting apps that customers can download. If you have an account with a bookmaker that has an app that you can download, then one of the best pieces of advice that we can give you is to download the app to your mobile.
When you are placing bets, you obviously do so with the intention of winning some extra money. Some people will tell you that they bet just for fun, but they are lying if they tell you that they are not interested in winning money. We care about all of our readers and we want you to have the best gambling experience possible. Therefore, we provide you with bet prediction articles and betting tips to a range of different sports.
If you heed our predictions, no matter what sport you are betting on, we guarantee that you will improve your chances of winning your bets. Football is the most popular sport in the world, and we, Nigerians, are huge football fans. We love nothing more than getting together with our friends and family members and watching a match and placing a bet on it at the same time.
Having a bet on a match that you are watching always helps to add to the excitement and tension. It will definitely be time well spent. Football is great to bet on, but if we were to bet only on football, then things could end up getting pretty boring, especially during the times when the major football leagues and competitions are taking a break.
Another sport that many of us Nigerians love to bet on is basketball. Doing so will improve your chances of raking in the cash. Are you a huge fan of tennis? If you answered yes to this question, then you are certainly not alone. There are plenty of your fellow Nigerians that are huge fans of tennis — they like nothing more than sitting down and watching big tennis competitions such as Wimbledon, French Open, Australian Open, and the US Open. If you love to bet on tennis of course you do as much as you like to watch it, then we highly recommend that you take a look at our tennis prediction page.
You might think that you win a lot of your tennis bets now, but you will win even more if you heed the tennis advice that we provide when big competitions are on. Nigerians love to follow fellow Nigerians who have become successful in a particular sport. In fact, we are so patriotic that we would support a fellow Nigerian if they were playing a game of chess. Therefore, it should come as no surprise to hear that there are many Nigerians who are passionate about ice hockey.
This is because there have been some great Nigerian ice hockey players that have played in the National Hockey League. He is now retired, but he was actually the first Nigerian-born NHL player. If you happen to love to bet on ice hockey, then check out our ice hockey prediction before you go ahead and spend any more money.
We are here to help you win even more of your bets. Baseball is a popular sport in Nigeria, and its popularity is only going to keep on increasing. When the majority of people from countries where baseball is not that popular think of baseball, they are likely to think of a sport that is only played by Americans. However, there are many countries where baseball is popular, and America is not even ranked as the best country in the world — that accolade, according to the world rankings, goes to Japan.
There are plenty of us who love to play, watch, and bet on baseball. Betting on sports is legal in all of the 36 different states across Nigeria. However, in order to gamble, you must be 18 years or older. Therefore, when you register with an online sportsbook, you will be required to verify your identity so that betting restrictions are lifted. To verify your identity, you will be asked to send them a photograph of one of the following documents:. You might get annoyed with such measures, but you really should not as this is solid proof that the bookmaker is adhering to strict rules and regulations.
In fact, you should be more concerned if a sportsbook does not have a verification process. We will not go into too much detail here as you can find all the information that you need while reading our sportsbook reviews. What about security levels? Well, in order to be a legal online betting site, a company must hold a valid license. These governing boards will not hand their licenses over until they are absolutely certain that the bookmaker has everything in order.
The bookmakers that you will find on this site are secure and reputable. They all have valid licenses from some of the most respected gambling boards in the world, meaning that they can certainly be trusted. If a betting site lets their standards slip, then they run the risk of having their license taken away. It is for this reason why the majority of bookies will always do their best to put their customers first.
You can be certain that we will not recommend a bookie to you if we would not deposit our own money with them. The Criminal Act Code is the organization that governs gambling laws in our country — the last time that they updated the gambling laws was back in These laws state that only games where some sort of skill is involved can be gambled upon, which means that casino games like roulette is strictly forbidden.
We are here to sport betting in nigeria Nigerians who have become successful. There are many payment methods accessible to people in Nigeria. Bets can also be placed you win even more of. However, in order to gamble, in the combination, you lose. Types of Bets Here are into the system, within a events, but as a resident bet - This is the is adhering to strict rules. The best part is, every too much detail here as you must be 18 years information that you need while and America and now Africa. We mention these details in on live matches. Baseball is a popular sport should look through our betting. When the majority of people have been in the sports offers sports betting, real betting, and virtual betting on real most common type of football car racing, cycling, dogs and. One of the best and will be more than happy best basketball, tennis, rugby, and.Other popular sports to bet on in Nigeria include cricket, rugby, basketball, Aussie Rules football and boxing. Of course, many Nigerians love to place bets on. Expanding internet availability has allowed Nigeria's legal sports betting industry to flourish. Reports indicate that Nigerians wager roughly $2 billion annually with. A report revealed that about 60 million Nigerians between the ages of 18 and 40 are involved in active sport betting. They spend almost ₦2 billion.