The Best bookmakers in nigeria, top 5 best nigeria betting site 2023
Today, betting has become more popular than ever. Not only that, but sports betting has also become easily accessible and widely available worldwide. Nigeria is no exception to this growing trend. The main reason is that many operators individually can manipulate today offering their services online so that everyone with an Internet connection can participate in these activities as they see fit. That’s why wintips has selected the list of Top 5 best betting sites Nigeria 2023 so that you don’t have to do your own research to find quality sites.
The legal situation of the betting market in Nigeria
Online betting in Nigeria began around 2009 when Oloye Akin Alabi created a well-known bookmaker in Nigeria, NairaBet, starting the development of one of the most competitive betting markets in Africa. Many other gambling sites appeared soon after, including Bet9ja and 1960-Bet, with foreign bookmakers following suit.
Today, there are hundreds of bookmakers present in Nigeria, including some of the most prominent names in the betting industry, such as Bet365, 22Bet, Nexbet, Betway,….
All Nigerian betting sites are regulated by a number of agencies, mainly the National Lottery Regulatory Commission and the Lagos State Lottery Board. That ensures that companies that own betting sites have to go through a rigorous vetting and inspection process to get licensed and prove that they can provide their customers with a safe betting experience.
Interestingly, while the governing body, the Nigerian Lottery Commission, requires all trader bookmaker to obtain a license before they can start operating in Nigeria, Nigerian law does not mention online spaces. Furthermore, there are no restrictions on people accessing foreign betting sites, meaning that bettors in Nigeria can bet on any online bookmaker they want.
The lack of oversight on overseas gambling sites — which are still very common — is one area where Nigeria could do better as it is missing out on a lot of revenue. There are also concerns about the need for updated laws and better customer support mechanisms.
But while the law is very lenient towards where you can bet, the law defines the age of gambling, and you are not legally allowed to gamble until you turn 18.
How We Choose the Best Betting Sites in Nigeria
As you probably already know, many factors need to be considered when evaluating an online sports betting site. It’s important to provide consumers with the best and most detailed information possible about anything that might be of interest to them about a particular sportsbook. With that in mind, here are a few of the criteria we thoroughly analyzed to create a list of betting sites in Nigeria.
Licensed online bookmaker
The operator must hold a license issued by a government regulatory agency to operate legally, responsibly, and fairly. This is the first thing we check when evaluating sportsbooks.
Welcome Bonuses and Free Bets
Bonuses and promotions provide additional value to punters. This is especially true for free betting tips as they allow new bettors to try out sports betting services without having to invest too much of their own money. That is why we review the various promotions and bonuses that sportsbooks offer.
As the saying goes: “The more the better” and that’s especially true for payment options. People want to have multiple options available when it comes to payment so they can choose their preferred method. That’s why we scrutinize the payment options available at every sportsbook.
Many online sportsbooks have live betting but not all have live streaming. People love watching matches where they bet live, and not many sportsbooks have this convenience. We consider this when evaluating bookmakers because it contributes to the overall customer experience.
Last but not least, we also review the odds offered by sportsbooks. The odds represent the value of your bet or how much you can earn if you guess the outcome correctly. If the odds don’t match or aren’t competitive enough, you have no reason to bet if you’re going to get very little profit.
Top 5 betting sites in nigeria that players must join
Nigerian bettors have many online betting sites to choose from for their betting needs, and the sportsbooks available don’t necessarily have to be from Nigeria. Most sports operators are located outside Nigeria, meaning you can bet on a UK, US or even Costa Rican sportsbook. Specifically, there will be the top 5 Nigerian betting sites as follows:
1. Betway – Betting site in nigeria has a large number of members
Launched in 2005, Betway is one of the most reputable gambling operators in the world. They hold gambling licenses from both the UK Gambling Commission and the Malta Gambling Authority, which makes them a fairly reliable operator. That being said, here is a brief list of Betway features and offers.
Betway Nigeria offers some of the best 100% match welcome betting bonuses up to 100,000 Nigerian Naira as free bets. You must wager x10 of your deposit on bets with odds of 3.0 or higher to be eligible for the promotion. You have 30 days to meet the requirements before the bonus expires.
Besides, Betway has a great app for both their casino and sports betting services. The app is available for both Android and iOS and you can easily download it from the sportsbook’s website. Everything you can do on their website is also available on their app.
One of the things that makes the Nigerian betting site Betway stand out from the rest is the diversity of betting markets. Almost any sport you can imagine is available to bet on at Betway. That includes regular, niche and eSports betting markets, different odds and types of betting. Here are a few examples.
- Football (Including all European competitions)
- Ice hockey
- Ping pong
2. Nextbet – The best betting site in nigeria
Another well-known gambling operator, NextBet has been around since 2001. They also have licenses from the Malta Gambling Authority and the UK Gambling Commission, which really makes them a reputable operator. Today, they are one of the most popular betting sites in Nigeria.
Although primarily focused on football tips, NextBet has around 170 sports markets that you can bet on. That basically covers every regular market, niche, and eSports currently in the market with some of the most competitive odds available. Some of the most popular betting markets include:
- Horse racing
- Fantasy sports
3. 22Bet – Dollar betting site in Nigeria
Launched in 2018, 22Bet is one of the newer betting sites in Nigeria. Located in Greece, 22Bet holds a Curacao Gaming License issued by the Curacao Gaming Authority. Despite being relatively young for a gambling operator, 22Bet has achieved great success throughout Europe, Africa and the rest of the world. Today, they are one of the most popular sportsbooks in Nigeria and a betting site with the highest payout in Nigeria.
When it comes to the best offers for betting sites, 22Bet has gone above and beyond to provide their customers with great bonuses and promotions. Their welcome bonus is 100% match up to 50,000 Naira. However, you must wager your bonus five times in cumulative bets with a minimum of three parts and odds of 1.40 or higher. You have 7 days to complete the request.
22Bet’s mobile app is simply amazing. It is very intuitive and well-designed allowing you to switch between casino and sports betting as you see fit. It is available for both Android and iOS and can be downloaded at their official website.
If you like betting on football, then this is the sports betting site for you. Bet22 is very focused on football and they have some of the best odds for the sport. In addition, this operator offers 50 other sports on which you can bet, among which tennis is also rich with competitive odds and types of betting.
4. 1xBet – Betting site with the highest odds in Nigeria
Founded in 2009 and established in Nigeria in 2011, 1xBet is one of the largest and most popular gambling operators in Nigeria. They hold licenses issued by the Curacao Gambling Regulatory Authority and the Alderney Gambling Control Commission as well as Nigeria’s National Lottery Regulatory Commission, making them one of the most trusted operators today.
Their initial welcome offer was a match deposit of up to 300% and up to 145,600 Naira. To get the maximum match bonus, you must deposit at least N 41,600 into your account upon registration.
The first half of the bonus must be wagered five times on pre-match bets or cumulative bets with three rows and odds of 1.40 or more. The second half of the bonus must be wagered 30 times in 1xGames.
1xBet offers a lot of sports markets and competitive odds. Whatever sport you may think of, chances are this Nigerian betting site has it available for you to bet on. The list is simply too long to cover everything so you’ll have to see for yourself. Let’s say you can even bet on the weather forecast.
5. Bet365 – Betting site that gives bonus on registration in Nigeria
Bet365 is one of the top betting sites in Nigeria that has an extensive event base with over 1000 daily events and a growing customer base. It strives to provide a smooth yet great betting experience for all its players. Instead, it also recently upgraded its online betting site. It also covers a variety of sports and provides round-the-clock support.
- Hundreds of sports markets for all types of sports.
- Poker rooms, casinos, live casinos, lotteries are all available.
- Payment methods: credit card, bank transfer, mobile payment, cryptocurrency.
- Accounts can be created with just one click.
- Some bonuses, free bets and additional benefits for users.
- Responsive and attentive support staff 24/7.
+60 languages including American and Australian English, Russian, Turkish.
- High wagering requirements for the bonus.
- Not all live streams offer live streaming.
- Some promotions are restricted depending on your location.
With the increasing demand for betting in Nigeria, finding safe, professional, senior bookmakers is extremely important for players. On the forums of the betting community, there are many bookmaker names appearing with flowery advertisements and promising huge profits. However, not every name mentioned is a reputable bookmaker. It is better to appreciate and take advantage of Wintips.com suggestions in this article to get the best experience with these Nigeria Betting Site Reputable sites. Good luck!
See also: The Best bookmakers in bangladesh, top 5 best betting site in bangladesh 2023
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