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What are sports betting?

Sports betting or sports betting in Nigeria is the combination of predictions of different types of sporting events

How can I make money from sports betting?

Sports betting in Nigeria have taken a different dimension, there are two major ways you can make money from sports betting.

1. You can make money as a stake. This means that all you need to do is predict correctly the outcome of an event and stake it with whatever amount you want. In this case, your staking amount will be calculated with the total Odds of the events you accumulated which are in a multiplicity of the amount you staked

2. You can also make money as an agent. In this case, you need to have a shop with a betting company, customers will come and stake in your shop and the sports betting company will reward you with commissions at the end of the week or months either with regards to your net profit generated or base on your total sales generated.

What is the difference between online betting sites and offline sports betting sites?

Online betting sitesonline football betting sites, or online sports betting websites as you may call them all mean the same thing. The major difference between online betting websites and offline sports betting websites is that in online sports betting sites betting is done personally with the use of a mobile phone, tablet or computer while offline betting sites are the type of betting done at an agent shop. Online betting sites allow you to withdraw your winning personally and directly to your bank account while offline betting sites require you to go to the shop where you placed your bet to withdraw your money.

What are the best betting sites in Nigeria?

In Nigeria today, we have over 60 different betting sites which give rise to lots of questions like What are the best sports betting site, the best betting sites, the best site to bet on sportswhat is the best online betting sitewhat is the best online sports betting sitesbest-betting sitesonline betting websitesbest online football betting sitesbetting sitessoccer betting sites, etc. These are the most common searches you see on Google daily with regards to the best site to bet on sports in Nigeria. There are different factors to consider when choosing a bookie or bookmaker and you also have to consider the bookies' software as this will determine the type of betting market that will be available for stakes. Some of the few factors to consider when choosing your best betting site or best website to bet on are the financial stability of the company, the betting odds they offer, the speed of payment of winnings, betting bonus, and customer care response when you have issues, feedback from other customers, etc. For the sake of this article, we have compiled a list of the best betting websites for you to bet on that are very safe below.

#1. 1xbet
1xbet

#2. Bet9ja

#3. Betway

#4. 22bet

#5. Betwinner

#6. Melbet

#7. Wazobet

#8. Nairabet

#9. Betking

#10. Merrybet

What are the advantages and disadvantages of sports betting in Nigeria?

Here are some of the major advantages of sports betting in Nigeria.

1. Source of employment in different sporting fields

2. Reduction of crimes

Here are the disadvantages of sports betting in Nigeria.

1. Addiction which leads t zero savings

2. Laziness among youths who are addicted to betting

 

Which are the top 10 sports betting sites in Nigeria?

Google has also recorded a high level of queries with keywords like top bet sitestop 10 sports betting sitestop 10 online sports betting sitestop 10 betting sitesbet siteslist of betting sites in Nigeria, etc. These are common questions we ask Google. I have explained a little of it in the article above. We have compiled a list of the top bet sites below with the inclusion of their speed of payment of winnings, betting odds, customer care response, maximum winning, and minimum stake. See the top 10 sports betting sites in Nigeria below.

#1. 1xbet
1xbet

#2. Bet9ja

#3. Betway

#4. 22bet

#5. Betwinner

#6. Melbet

#7. Wazobet

#8. Nairabet

#9. Betking

#10. Merrybet

What is cash out in sports betting?

Cash-out is a system that enables you to claim your winning before the end of a losing event still in play.

How to become an agent?

To become an agent, you need to have a shop, and equip the shop with computers, printers, internet connection, papers, and television with a standby generator in case of power failure. Then you need to contact any of the reputable sports betting companies in Nigeria and apply for an agency. Agency is free on most betting companies.

Click here to see how the rating was done

Here is a list of the top 10 best and fastest paying sports betting websites in Nigeria for the year 2020.

#1. 1xbet 1xbet9ja: 100% paying, high odds, up to 100 euros deposit bonus, minimum deposit 10 euros or N3, 700 single bets allowed, same-day withdrawal. minimum stake 0.10 euro or N40, maximum winning 200, 000 euro or N73, 000, 000.

1xbet is a reputable sports betting company in Nigeria for online customers who wants to play or place bets with their laptop or mobile phones and offers instant payment on withdrawals directly to your bank account or crypto wallets.

1xbet was founded in 2007 and is currently one of the leaders European bookmaker business. 1xbet is an international sports betting company base in Russia with branches in Nigeria and Kenya and some other countries.

They offer up to a 100 euro deposit bonus on the first deposit so make a wise choice when doing your first deposit. 1xbet also allows you to place bets on a match or game that has already started or is still in play. You can deposit into your 1xbet account with your ATM Debit Cards from Gtbank, Access bank, FCMB or via GTpay, Perfect Money, Okpay, Bitcoin and Skrill, or Bank Transfer. You can also withdraw through any of the previously listed payment systems or directly to your bank account in local or international currencies.

This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to join 1xbet

Click here to join 1xbet

#2. Bet9ja: 100% paying, high odds, 26% bonus on 10 selections, single bet allowed, 24 hrs withdrawal, minimum stake N100, maximum winning N50, 000, 000.  

Bet9ja is currently the biggest sports betting company in Nigeria. Their payout is between 24hrs to and 72 hrs.

Bet9ja was funded in 2013 by Kunle Soname who is also the Chairman, This sports betting company offers to bet on major sports betting events operating in Nigeria. Bet9ja is traded under KC Gaming Networks Limited and runs a series of shareholders of multiple Nationalities. Bet9ja is licensed by Lagos State Lottery Board.

Bet9ja offers a bonus on the first deposit plus a bonus on accumulated bets. You can also place bets on a match or game that has already started or is still in play. Bet9ja also has the cash-out option available for its users, this cash-out option reduces the risk of loosing bets or stakes as well as increases your winning chances. To learn more about bet9ja CASH OUT and never lose a bet, Please click here.

This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to join Bet9ja

 

#3. Betway: 100% paying, high odds, 100% bonus on the first deposit up to N20,000, 12hrs withdrawals, and the minimum stake of N10. Single bet allowed, up to 30 accumulations per bet slip.

Betway is one of the best sports betting companies operating in so many Countries, for online customers who want to play with their laptops or mobile phones. Betway is the official sponsor of the English Premier League Team Stoke City.

Betway was founded in 2006, the UK based with the operational license in Malta, Italy, Denmark, Spain, Belgium, Germany, Ireland, Uganda, South Africa, Kenya, and Ghana-based in Malta & Guernsey with support from London, Cape Town, and the Isle of Man and also a member of European Sports Security Associaton, Independent Betting Adjudication and Accredited by International Testing Agency.

It only takes a few hours to withdraw your money from your betting account to your bank account. 100% bonus on first deposit plus bonus on accumulated bets. You can also place bets on a match or game that has already started or is still in play. 

This company is highly recommended for customers who wants to stake/ or place bets with their mobile phones or laptop. Click here to register with Betway. 

#4. 22bet: 100% paying, high odds, 25% bonus on 10 selections, single bet allowed, less than 24hrs withdrawal, minimum stake N50, maximum winning N10, 000, 000.

22bet also has the cash-out option available for its users, this cash-out option reduces the risk of losing bets or stakes as well as increases your winning chances.

You can also place bets on a match or game that has already started or is still in play. This betting company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to join 22bet.

Also Note: To register successfully with 22bet make sure that the password you select while registering on 22bet website is up to 8 characters and above. 

#5. Betwinner: 100% paying, high odds, 21% bonus on 10 selections, single bet allowed, instant withdrawals up to N500,000, minimum stake N50, maximum winning N50, 000, 000.

Betwiner is also an instant paying sports betting company in Nigeria for both online customers who want to play with their laptops or mobile phones and agents in the shop. Betfarm has high odds and bonuses and also offers a 100% bonus on your very first deposit. Betfarm also has the Cashout option that helps to reduce the risk of losing a bet.

It only takes less than 30 minutes to withdraw your money from your betting account to your bank account when the amount is less than N500, 000. You can also place bets on a match or game that has already started or is still in play.

 This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to register with Betwinner

Also Note: To register successfully with Betfarm make sure that the password you select while registering on Betwinner website is up to 8 characters and above. 

#6. Melbet: 100% paying, high odds, 19.8% bonus on 10 selections, single bet allowed, less than 24 hrs withdrawal, minimum stake N50, maximum winning N20, 000, 000. 

Melbet is one of the fastest paying betting companies in Nigeria for online customers who want to play with their laptops or mobile phones.

It only takes a few hours to withdraw your money from your betting account to your bank account. It takes less than 24hrs to withdraw from your Melbet account to your bank account in fact If you apply for your withdrawal before 8:30 am you will receive your bank alert the same day. 100% bonus on first deposit plus bonus on accumulated bets. You can also place bets on a match or game that has already started or is still in play.

This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to register with Melbet.

Also Note: To register successfully with Melbet make sure that the password you select while registering on Melbet website is up to 8 characters and above. 

#7. Wazobet: is 100% paying, best high odds, 35% bonus on 10 selections, single bet allowed, less than 12hrs withdrawal, minimum stake N50.

Wazobet is another great betting company that pays fast in Nigeria for online customers who wants to play with their laptop or mobile phones. It only takes less than 24 hours to withdraw your money from your betting account to your bank account.

Wazobet offers a 120% bonus on the first deposit plus a bonus on accumulated bets, cash out your bet anytime you want and automatic withdrawal to your bank account. You can also place bets on a match or game that has already started or is still in play. Lovingbet also allows you to place a bet on virtual games such as dog races, horse races, virtual football, etc. 

This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. To join Wazobet, Click here  

Also Note: To register successfully with Wazobet make sure that the password you select while registering on Wazobet website is up to 8 characters and above. 

#8. Nairabet: 100% paying, 100% high odds, 35% bonus on 10 selections, single bet allowed, 24 hrs withdrawal, minimum stake N50, maximum winning N25, 000, 000. 

Nairabet is the first, oldest, strongest, most financially stable, and fast-paying betting company in Nigeria with world-class customer support. Offers huge bonus on first deposit plus bonus on accumulated bets. 

Nairabet sports betting site was founded in early 2000 by Otunba Akin Alabi who is the C.E.O, A Nigeria entrepreneur and philanthropist from Ibadan, Oyo State. Nairabet is Nigeria's first online sports betting portal or website as you may call it. Nairabet has her headquarters in Lagos state and also has her branches spread nationwide. Nairabet is strongly regulated by National Lottery Regulatory Commission.

Nairabet also has the cash-out option available for its users, this cash-out option reduces the risk of loosing bets or stakes as well as increases your winning chances.

To learn more about Nairabet CASH OUT and never lose a bet, Please click here  . Nairaet has gone a step ahead by going into partnership with MTN Nigeria so that all Nairabet customers using MTN Nigeria sim cards or network can place their bet completely free of charge with free 50MB data for browsing on Nairabet, this means that you can now browse through Nairabet website, book a bet or play bet free of charge without buying data. To learn more about how this works please click here.

Nairabet now pays you when you lose a bet on your bet slip; This 1 means say if 1 cuts your ticket, Nairabet go still pay you. To learn more on how to get paid when your ticket is cut, please click here. You can also place bets on a match or game that has already started or is still in play. This betting company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to join Nairabet.

 

#9. Naijabet: 100% paying, high odds, 35% bonus on 10 selections, 12hrs withdrawals, minimum stake N50, maximum winning N25, 000, 000.

Naijabet is a fast-paying betting company in Nigeria for online customers who wants to play with their laptop or mobile phones. Naijabet was founded by Femi Kukoyi.

It only takes a few hours to withdraw your money from your betting account to your bank account. 100% bonus on first deposit plus bonus on accumulated bets. You can also place bets on a match or game that has already started or is still in play. 

This company is highly recommended for customers who wants to stake/ or place bets with their mobile phones or laptop. Click here to register with Naijabet.

Also Note: To register successfully with Naijabet make sure that the password you select while registering on the Naijabet website is up to 8 characters and above.

#10. Merrybet: 100% paying, high odds, 19.8% bonus on 10 selections, single bet allowed, less than 24 hrs withdrawal, minimum stake N50, maximum winning N10, 000, 000. 

 

Merrybet  is one of the fastest paying betting companies in Nigeria for online customers who want to play with their laptops or mobile phones. Merrybet was founded by Ope Fashakin

It only takes a few hours to withdraw your money from your betting account to your bank account. It takes less than 24hrs to withdraw from your Merrybet account to your bank account in fact If you apply for your withdrawal before 8:30 am you will receive your bank alert the same day. 100% bonus on first deposit plus bonus on accumulated bets. You can also place bets on a match or game that has already started or is still in play.

This company is highly recommended for customers who wants to stake or place bets with their mobile phones or laptop. Click here to register with Merrrybet.

Also Note: To register successfully with Merrybet make sure that the password you select while registering on the Merrybet website is up to 8 characters and above. 

Click here to see the List of Active and Suspended Sports Betting Companies In Nigeria by the Lagos State Lottery Board

Here is the list of 38 Betting Companies for those who want to become an agent or already running a betting shop.

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