Nicknamed the “Giant of Africa”, Nigeria is the seventh-most populous country worldwide, and their love for sports is interwoven with their national identity. Whether you’re in Nigeria for a quick visit or a longer vacation, this guide will cover all you need to know about online sports betting in Nigeria and the best Nigerian betting sites.
Table of Contents
- Best Betting Sites We Recommend for Betting in Nigeria
- Top 12 Sports Betting Sites in Nigeria – Ranked
- Is Online Betting Legal in Nigeria?
- How Popular is Online Sports Betting in Nigeria?
- How to Find a Top Nigerian Betting Site
- Popular Payment Methods for Nigerian Customers
- Which Sports are Popular in Nigeria?
- Best Nigerian Betting Sites FAQs
- ThePuntersPage Final Say
Top 12 Sports Betting Sites in Nigeria – Ranked
Is Online Betting Legal in Nigeria?
At the time of writing, there are no laws in place that forbid online gambling in Nigeria. The lottery was legalised with the National Lottery Act in 2005, and gambling is defined by Chapter 22 of the Criminal Code Act enacted in 1990. All types of gambling in Nigeria are regulated by the National Lottery Commission.
There are laws in place to prevent “unlawful gaming” occurring, meaning that games that are completely dependent on luck, such as roulette, are illegal. Since sports betting is considered to involve an element of skill through research and knowledge, this is legal. Furthermore, these laws do not specifically address the legality of online gambling websites and as a result of this sports betting in Nigeria remains highly popular and practiced by many.
How Popular is Online Sports Betting in Nigeria?
Online sports betting is immensely popular in Nigeria. A recent report estimated that about 60 million Nigerians between the ages of 18 and 40 were active sports bettors. As a result, Nigeria has become a prime market for several offshore sportsbooks. Nigerians can legally bet on these sportsbooks without the fear of prosecution since, as mentioned earlier, there are no gambling laws that prohibit online gambling domestically or via offshore sportsbooks.
How to Find a Top Nigerian Betting Site
Here are a few things you should look for while choosing a top sportsbook in Nigeria:
- Quality Odds: To get the best returns for your money.
- A Generous Welcome Bonus: To boost your bankroll from the off.
- Mobile App: To make playing on the go an easy task.
- Range of Sports and Markets: To give you as many options as possible while placing your bets.
- Security: To make sure your money is in safe hands (look for licensing from reputable jurisdiction, such as the UK Gambling Commission).
- The Nigerian Naira: To avoid having to pay exchange rates while depositing money into your account.
Popular Payment Methods for Nigerian Customers
Many Nigerian customers make use of traditional credit and debit card options such as VISA and Naira MasterCard, as well as bank transfer, and no fee is required to deposit. On some websites, such as NetBet, you’ll be able to deposit via Quickteller , a popular Nigerian electronic payment platform that allows you to send and receive money online. By using Quickteller, players avoid having to share their financial details with more than one website. This is especially useful for punters who are looking to create multiple betting accounts with different bookies. Other commonly offered methods are ewallets PayPal, Skrill and Neteller.
Many offshore betting companies do not accept the Nigerian currency (naira) so you will have to deposit using another currency. It should also be noted that players in Nigeria do not pay taxes on any of their winnings.
Which Sports are Popular in Nigeria?
Football is by far the most popular sport in Nigeria, with the national team – the Super Eagles – ranked as one of the most successful teams in African history. Numerous Nigerian players have made their names abroad, such as Bolton hero Jay-Jay Okocha and Premier League legend Nwankwo Kanu, and English Premier League betting is especially popular among Nigerian punters.
Basketball also holds a special place in Nigerians’ hearts, especially because of NBA Hall-of-Famer Hakeem Olajuwon’s meteoric to stardom. Their passion extends to boxing, and more specifically, Dambe Boxing – an ancient boxing style typically associated with Hausa people of West Africa.
Sportsbooks have reported a huge number of bets on rugby during the 2019 World Cup, and on major athletic tournaments.
Best Nigerian Betting Sites FAQs
🤝 Is Betting in Nigeria legal?
In Nigerian law, games of chance/luck are illegal, while games of skill like sports betting are legal.
✅ Which Nigerian Betting Sites Do You Recommend?
We recommend betting on NetBet, 1xbet or Betfair while in Nigeria.
💳 What are Some Popular Payment Methods for Online Betting in Nigeria?
The most widely used payment methods in Nigeria are debit and credit cards issued by Visa or naira Mastercard, bank transfer or electronic methods such as Quickteller, Skrill or Neteller.
💰 Are Winnings Taxed in Nigeria?
No, there is no income tax on your winnings.
ThePuntersPage Final Say
To say that the laws surrounding online gambling in Nigeria are unclear would be a massive understatement. Nigerian laws simply make no mention of online gambling, meaning there are no restrictions preventing players registering with offshore betting sites. This doesn’t imply you should create an account at any old place, though – always make sure that you’re investing your money into safe hands.