An Introduction to Sports Betting in Nigeria: All You Need to Know About Sports Betting

So you recently heard from a friend that you can make money by placing wagers on sports betting sites in Nigeria. You’re still skeptical about it and you decide to do some research and you stumbled on this article. Welcome, you are on the right page. Before you dive into the realm of online sports betting in Nigeria you need to find the answers to some crucial questions: is it legal? Can you bet with your mobile device or will you only be able to bet in a physical store? How can you make deposits and withdrawals on Nigerian betting sites? Finally, what is the most popular sports for bettors in the country? Keep reading to find the answers to all these questions.

What You Need To Know Before You Start Betting Online In Nigeria

The first and most important thing you need to know is the legality of betting in Nigeria. The last thing you want is to get into trouble with the authorities. The simple answer to the question is yes. Betting is legal but there is a clause. The current laws in the country don’t make concrete provisions for online gambling sites. However, these sites have the option of collecting licenses to operate in Nigeria. So, as long as your sportsbook is licensed, you don’t have to worry. Using an offshore sports book that does not have a Nigerian operating license might put you in trouble but this is also unlikely.

Regarding what you need to bet, you don’t need to worry about getting a computer or always going to a physical store. As long as your mobile device is internet enabled, you’ll be able to bet from the comfort of your home. It’s so easy to place bets with mobile devices in Nigeria that up to 30% of the population are regular bettors.

Then there is the issue of deposits and withdrawals. Most sports books that service Nigerian clients allow multiple options for deposits and withdrawals with the most popular being wire transfer, visa, Quickteller and MasterCard payments. In the past, Skrill, Neteller and some other options were unavailable. Now, other e-wallet services like paysafecard and Click2Pay are available.

Moving to the finally question, what sport is the bettors choice? Which sport do bettors prefer to wager on the most? The answer to this question might be obvious but for the sake of the article, it is football/soccer. Football is the most popular sports among bettors and the English Premier League is the most popular tournament.

Following football, basketball is another popular option. You’ll also find bettors who wager on tennis, floorball, bandy, cricket and rugby. Sports like horse racing and bull fighting are less popular. You can place bets on these small market sports from time to time to increase your chances of winning.

Leave a Reply

Close Menu