Online Sports Betting in Nigeria
While Nigeria is a nation passionate about sports, the betting industry is relatively new. It was only in 2007 that the first licenced bookmaker opened its doors to the public, sparking a nationwide move to wager on sporting events.
Today, a huge number of land-based betting shops have popped up across all of Nigeria’s major cities, with an estimated 60 million people placing bets on a regular basis. 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.
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Sports Betting Legality and Regulation in Nigeria
Most forms of gambling are legal in Nigeria and are enforced by the Criminal Code Act, which was updated in 2004. 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.
Online Sports Betting Safety in Nigeria
Since the early 2000’s online security software has undergone a radical change with the implementation of Secure Socket Layer (SSL) encryption. All top-rated betting sites are required to run a minimum of 128-bit encryption software to ensure the safety and security of their user’s private data and financial information. Some of the larger international sites use 256-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.
Best Sports Betting Sites in Nigeria
Even though the sports betting industry is just over 10 years old, the number of locally operated online betting sites is quite vast. In fact, Nigeria has one of the largest local-market selections of sites in Africa, with a host of international bookmakers also offering their products within the country’s borders.
For bettors who want to stay local and make deposits in local Naira, some of the best Nigerian licensed sites include:
- Superior Bet
For bettors wanting to sign up with overseas operators, African Betting Guide can suggest following sites that welcome Nigerians:
- Betway Nigeria
- William Hill
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 on going promotions.
Banking Methods in Nigeria
There are plenty of safe and convenient ways to fund your online betting account in Nigeria. Debit cards are a popular option, as you don’t need to go to the bank or visit an ATM in order to make a payment. The most widely accepted debit cards include Visa, Interswitch, Verve or Naira MasterCard. Simply log on, select pay by ATM card and fill in your details.
Another popular option is to pay by direct bank deposit. All major Nigerian banking institutions are able to process transfers to your sports betting account. All you need is the name and account number of the site. The downside is that the transfer can take up to 7 days to process.
A more convenient way to fund your betting account is to make an ATM payment. To make a payment, head to your closest ATM, insert your card and pin, select Quickteller payments, and then enter the merchant code (sports betting code) and your sports betting ID. If entered correctly, your name should appear on the screen. From here, you can decide how much you want to deposit and complete the transaction.
If you want to use your computer or mobile device to make a payment, Paycom is an online payment transfer service that is widely used across Nigeria. Alternatively, you can use GT Bank online banking to make a deposit directly into your account.
Online Sports Betting Bonuses in Nigeria
All the top-rated online bookmakers that you’ll find at African Betting Guide offer bonuses in some form or another. These are monetary incentives given to customers when they sign up for a new account and make their first deposit.
The size and type of bonus depend entirely on the site itself. Some offer a welcome bonus, others offer free bets while the majority also run regular promotions and reload bonuses. When signing up, it is important to check the terms and conditions attached to the bonus before you make your deposit.
Take a look at some of the great bonuses up for grabs at top online betting sites in Nigeria:
- Betway – 100% deposit bonus
- Bet9ja – 100% deposit bonus
- Superbet – 100% welcome offer
- Nairabet – Free bet offer
- Sportybet – Free bet offer
- Betfred – Free bet offer
- William Hill – 100% welcome offer
Mobile Sports Betting in Nigeria
In the past 10 years, just about every major sports betting site has incorporated mobile betting into their platform. In Nigeria, all top-rated bookmakers offer both desktop and mobile accessibility. This means that you can place bets directly through your smartphone when at home, or on the go.
There are two main mobile platforms available that differ depending on the sports betting site selected. Some bookmakers offer a mobile-ready site that you can access using your mobile web-browser. Simply type the web address into your phone and you will be redirected to the mobile site that is specifically designed to run on a handheld device.
Some bookmakers offer a dedicated mobile app that you can download and install on your Android or iOS device. An app often runs faster and provides easier access to the most popular betting markets, but with both options, you will need to have a stable Internet connection to ensure you can place bets online.