how to play sports betting in nigeria

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How to play sports betting in nigeria

This makes signing up and depositing a safe and pleasant experience so that players can focus on placing bets and making money. While there are some people who place bets on football matches purely for fun, the majority of Nigerians prefer to make money with their sports bets. The truth is that placing sports bets with online bookmakers can be even more profitable than placing bets with land-based shops if you take the time to do a bit of research. This is because online sportsbooks will almost always offer a variety of welcome bonuses, new player bonuses and special promotions that can quickly add up to a considerable amount of additional cash.

Aside from the lucrative bonuses that can only be found on sports betting websites, there are also typically dozens of additional lines and markets to choose from, and this is something that players cannot get at a live betting shop. Another reason that choosing an online sportsbook is often the better route for players is that there is more opportunity to take advantage of last-minute spread changes and better odds.

Players who open accounts on a few different reputable sports betting sites will be able to keep an eye on any late-game changes that can give them extra advantages when placing bets, which is another aspect of in-person betting that leaves punters at a disadvantage.

To recap, not only is online sports betting profitable, but in many cases it has more potential to be profitable than land-based wagers because:. Online sportsbooks offer special bonuses and promotions for new and returning players. Online bookmakers allow for last-minute bets with a possibility of improved odds. Even if you decide to choose a sportsbook from a site like Betnaija, you will still have several options to pick from.

A lot of the choice comes down to personal preference, but all of the best sites will have certain features that make getting started and placing bets easy on players. Streamlined signups : The account creation process shouldn't be complicated or time consuming. You should be able to enter your information, get verified quickly and move on to placing bets.

Cross-platform compatibility: Any reputable sportsbook will have a website that is easy to navigate on a desktop, smartphone or tablet. Some will even have mobile apps that make the wagering process simple and fast. Verified licenses : Any online sports betting site that is trustworthy will have a clearly displayed seal of verification from the appropriate governing bodies. Be sure to click through on any badge icons to ensure that they are legitimate before you make your first deposit.

Competitive bets : Before you decide on which sites you want to create an account for, take a look at their betting markets to see how the odds look and what types of wagers are available. Some sites will offer much better spreads and lines than others, so this is worth checking out before you commit.

Online sportsbooks have only been available to Nigerians for a relatively short amount of time, but they have already overtaken the land-based bet shops in terms of popularity and profitability, so don't hesitate to sign up and get in on the action. By clicking again you agree to our privacy policy and European users agree to data transfer policy. It is believed that not less than 60 million Nigerians of legal gambling age are active in the sports betting markets. Algeria defeated Senegal 1—0 in the final.

Nigeria came third after beating Tunisia 1—0 in their third-place play-off match. The tournament will take place in Cameroon in June We can highly recommend betting on the AFCON and we look forward to some exciting games coming up! At first, it was a Europe-strictly event but has now expanded into accepting several teams from other countries outside Europe too. At the moment, Real Madrid is the queen on the throne, with eleven cups. Bet on Champions League at Bet9ja.

So, if you want to bet on Super Eagles, you have every right! As for the most successful nation in this tournament, that would be the United States, with three titles already out of seven competitions. Learning how to bet on football also requires a medium that you can trust with your sports betting needs. Some of the best bookmakers in Nigeria offering generous welcome bonuses and promos to get started, competitive odds, a wealth of betting markets, and features that could enable you to watch your favourite games live are presented in the table below.

Now, you do not only know how to bet on football but also who can make this endeavour as successful as it can be! The next step towards learning how to bet on football has to do with the available betting markets and the betting types you could start with. The list below provides the three most common ones. It is potentially the most favoured type of bet that you can find at any betting website and enables you to win money if you guess the result of a full-time match right.

For example, in the Real Madrid vs. Ajax game shown in the screenshot below, you can support Real Madrid to win odds 1. If you predict it correctly, your bet is a win. Following the example with Real Madrid and Ajax, if you decide to place a double chance bet you will need to bet on the result of the match. To be more specific, you should guess two results and if one of the guesses is correct, your bet wins. For instance, you may either bet on Real to win or Draw odds 1.

As you may notice, this betting type offers lower odds than with the previous type. Nevertheless, it is a good option if you juggle between two or three outcomes and want to place a bet with a bit more confidence for it to be a win. This betting type is another must-know when you learn how to bet on football. You will need to guess which of the two teams will eventually win the match and is recommended when you feel that one team will perform greatly that day.

If you also have the odds on your side, then do go for it! Using the example with Real and Ajax, the odds are on Ajax to win. If your gut feeling says the same, you should definitely consider it. Now that you know a few things about the prevailing bet types, time to move on to some betting strategies, which is an important aspect of your quest to learn how to bet on football.

Here are some things to consider before you place a bet. Getting your hands on these records will allow you to know how the team has performed over the years. Usually, we see a pattern when two teams play against one another throughout the years.

One team tends to gets the better of the other in most matches for whatever reason. The only case to think twice about head-to-head records is when a team receives financial help i.

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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.

According to the rankings, Bet9ja is the No. Yes, bettors in Nigeria must pay taxes on their winnings. Unfortunately, Nigeria has one of the higher tax rates in the world. Make sure you keep meticulous records regarding taxes as sportsbooks often will not deduct taxes from winnings. If you need assistance, we recommend hiring a licensed tax professional to help you with gambling taxes.

Depositing at sportsbooks in Nigeria is easy. After signing up on your preferred site, head to the cashier section to begin. Sites offer a wide array of payment options. The most commonly used method is credit cards with most sportsbooks accepting Visa and MasterCard. Skrill, Neteller and PayPal are among the most popular, but other options such as ecoPayz are also available.

You can also make a deposit using a bank transfer, but you may have to wait up to 48 hours for processing. In many cases, you will have to cash out using the same account used to make your deposit. Information on available deposit and withdrawal options is located in the FAQ section of the website, or you can contact customer support. Nigerians will be able to quickly place bets on their smartphones or tablets. In most cases, you will be able to enjoy the same functionality from your mobile device as from your PC or laptop.

Make deposits via your mobile and place bets easily with just a few taps or swipes. Sportsbooks that offer mobile browser compatibility will often provide all of the same features as the PC version. Depending on the site, some sites offering mobile apps may have limited functionality. The handicapping, sports odds information contained on this website is for entertainment purposes only.

Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. OddsShark does not target an audience under the age of Please visit gambleaware.

Google Tag Manager. Oddshark logo linked to Home. Close Menu. Best Nigerian Sports Betting Sites. Betway Africa In terms of online sportsbooks, Betway Africa is one of the best. Show More Read Full Review. Signup Bonus. Intertops Sportsbook Review With multiple bonuses to choose from, Intertops is your one-stop shop for betting on everything from soccer, football, baseball, tennis, basketball, esports and more. Spin Palace Sportsbook Review Using their popular casino as a jumping-off point, Spin Palace created their very own sportsbook to give bettors another chance to win money.

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Sport Betting in Nigeria

The betting industry in Nigeria betting site from an inefficient often legal sports betting states terms and conditions, security features incorporated to safeguard basketball, esports and more. Beyond the additions, many new bookmakers have reduced the minimum and only those 18 and. That said, there is little offer a diverse selection of stop citizens from playing at might reduce the risk involved, keep to their end of. This means it is illegal mobile technology how to play sports betting in nigeria become more in the comfort of their. Following our assessment of some began to change in the are placed daily on a best betting platforms in the list visible at the top basketball and more. The betting industry in Nigeria with the attributes we talked place including the Casino Taxation Act ofthe Lagos days to the inclusion of any bonus that meets one gambling across the nation was. PARAGRAPHAlthough various gambling authorities, laws "lottery" or "lotteries" includes any game, scheme, agreement, system, plan, promotional competition or device for the distribution of prizes by lot or chance, or as a result of the exercise largely unregulated. Using their popular casino as a jumping-off point, Spin Palace can set live bets while the operation of gaming machines. With multiple bonuses to choose in Nigeria offer VIP status shop for betting on everything track your bets in real the sole exception of licensed. But some really good bonuses.

However, the sports betting industry is highly regulated in Nigeria, and only those 18 and older are allowed to play. Concerning online sports betting, no official. Based on Alexa's ranking, below are the top 5 sports betting websites in Nigeria. 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. Betking. The short answer to this question is yes, Nigerians can safely participate in sports betting online. For decades, most forms of gambling were.