Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
Below is a look at some requirements to get a sports betting permit: Payment of the application non-refundable and processing fee: 2,, Naira. Minimum share capital: 30,, Naira. Planned games and events details: Sportsbook, live betting, and virtual games. Director's name and profile, among other key personnel details. The first requirement to start betting in Nigeria is to meet the age requirement set at years-old. If you meet the condition, you can pick one selection on our list of betting sites in Nigeria and create an account to start betting.
The next step is depositing after registration. In most cases, the deposit will trigger a welcome bonus that new customers can enjoy. Also, members should ensure the deposit meets the limits set out, which might differ per the sportsbook. After that, the player will have a list of all the sports, and different markets will be available for every event selection made. One is required to choose their preferred markets, with every selection automatically updating the bet slip. After the player is satisfied with the selections, they can enter the stake on the bet slip and confirm the bet.
This is why we rate 1xBet very highly. They have cot cards deposits, e-wallets, online banking, and even cryptocurrency! The sportsbook contains all the sports and the betting markets. A great sportsbook covers a wide range of sports- some betting sites have as many as 40 sports- and offers thousands of betting options on a daily basis. Large sportsbooks give room for variety and flexibility in betting.
We have identified 22Bet and 1xBet as the sites with the biggest sportsbooks in Nigeria. It is a bonus you get when you join a betting site. Many bookmakers use welcome bonus offers as means to pull new customers towards themselves, as against joining other betting sites. The thing with a lot of welcome bonus offers is that they can be deceptive.
The offer may look juicy on the surface, but it is only after you join the betting site that you realize that the offer is bonus is essentially a scam! Some bookies set the most ridiculous terms and conditions for their bonus, making it almost impossible for users to get the money. We will talk more about welcome bonus offers in Nigeria on the site, but if you want a good bonus now, check out Melbet. Then you should bet on betting sites with high odds.
Betting odds are right up there amongst our top criteria in ranking and choosing our betting sites. We spend plenty of time examining the odds across different betting sites, using several tools to arrive at the betting sites with the best betting odds in Nigeria. For super competitive odds, we recommend 22Bet Nigeria. That is a tell-tale stat.
Any betting site with hopes of succeeding in Nigeria- whether it's local or international- must offer great mobile experience. This mobile experience may be from a mobile site or a mobile app. Having looked through most of the betting apps in the country, we rate the betwinner Nigeria app as one of the very best of the lot. There is a lot more to it. Many betting sites now have additional features to add some more fun to the online betting experience.
Some of these features like live betting and cash out have become very common across all betting sites, while others like live streaming, bet builder and cut one remain unique to specific bookmakers. While this factor may not be as important as payment methods and quality of sportsbook, it still plays a big part in our ranking system.
Website Quality and Usability A well-designed website is very crucial in online betting. We, therefore, ensure we recommend sites that are easy to use and navigate so that even novice players will have an easy time finding the main sections and features. Things such as the live chat, promotions, payments, and in-play section should be visibly located on the website.
A search function is an added advantage, as it helps layers to easily find the events and markets of their choice. The performance and responsiveness of the platforms should also be top-notch on a stable internet connection. Mobile Betting The mobile betting industry has rapidly grown, following the technological advancements taking place across the world. Most players now prefer gaming on the go due to the freedom and convenience that comes with it.
Today, almost all betting sites have developed native apps and mobile-responsive websites to cater to all types of players. We ensure that all our recommended sportsbooks offer a mobile app or allow bettors to access their sites via the mobile browser. Players should be able to access all features, products, and services available on the main website and make payments easily via mobile.
Besides that, we check out the usability and the performance of the mobile version to ensure our audiences have a seamless experience. Customer Support When gambling online, players want a bookmaker that allows them to express their queries and concerns freely. Our experts must interact with the support agents of each betting site to gauge their quality of service, including the response time and their friendliness. They ensure that the support service is reliable and the representatives are professional and friendly.
There should be different ways of reaching them, at least by email, live chat, or phone. Live chats are known to offer instant responses, which is why most players prefer them. Payment Methods for Bets There is quite a diverse range of payment methods for Nigerians, and they vary depending on the bookmaker. Most operators allow bettors to utilize their preferred banking option.
We will be looking at different payment options available on our top-rated Nigerian betting sites. Credit and Debit Cards These are cards issued by banks or financial services companies to their customers to allow them to make electronic payments.
Visa and Mastercard are the most popular credit cards in online betting sites. You can use them to make online transactions on your preferred betting site from the comfort of your home. Most deposits via credit and debit cards are instant, which means you can fund your account and start gaming immediately. All you need to do is provide the card details and follow the instructions. Bank Transfers Credit and debit cards have made it easier to carry out online transactions, but for many reasons, some players still prefer to funds directly from their bank accounts.
Most sports betting sites in Nigeria accept payments bank transfers. For bettors who are able to wait for transactions to clear, it can be among the cheapest ways to make online payments. This option is usually available for withdrawals and deposits, but the processing time is longer compared to other methods. E-wallets E-wallets are also known as digital wallets. They allow users to save, send and receive funds online.
The most exciting part about using an e-wallet is that you do not need any bank account. Most bookmakers accept payments through these methods, as many players prefer them to bank transfers and credit cards. You can instantly fund your sportsbook account and start betting on Football immediately. In most cases, they are also available for withdrawals, and transactions are sometimes processed instantly.
Cryptocurrencies These are described as digital currencies and are only available online. Cryptocurrencies are not available on every site in Nigeria, but a good number of bookmakers support them. The most common ones are Bitcoin, Ripple, and Ethereum. You can find them at 22Bet and 1Bet, among other bookies.
Making deposits and withdrawals via Cryptocurrencies is straightforward as long as you understand how they operate. Do I need to Pay Taxes on Winning? Since Sports betting is legal and regulated in Nigeria, operators must pay taxes and levies. However, winnings are not taxed. This means any winnings accrued from online betting in the country are not subject to any form of tax.
You can therefore place your favorite Football bets without fear that some amount will be deducted. Gambling in Nigeria is legal and regulated under the National Lottery Act of Any operator wishing to offer betting services in the country should have a license from the Nigerian Lottery Regulatory Commission. What do I need to start betting online in Nigeria? To start betting in Nigeria, the first thing you need to need is to find a sportsbook that meets your needs and preferences. Once you are content, create an account, make your first deposit and begin your betting adventure.
Note that you must have attained the legal age of 18 years. How safe is it to bet online in Nigeria? Online betting in Nigeria is very safe as long as you join a genuine platform. We have provided a list of secure sportsbooks where the safety of your money and confidential data is guaranteed.
These sites utilize the best security measures like the SSL encryption protocol to ensure your information is not accessed by unauthorized parties. Do I need to verify my account when betting? Account verification is a very important process, and many bookmakers will require you to go through it. You are needed to provide valid documents to prove your identity and age. This process usually happens once, mostly when you request your first withdrawal.
Is Nigerian Naira accepted in online gambling? This has attracted the attention of international bookmakers from Europe and North America and sparked the growth of small regional offices. Interest in wagering has grown every year since its introduction in Nigeria, and it can be clearly explained with plenty of factors fueling the spread. Unlike many other countries, where bookmakers had started their journey, at the time of their appearance in Nigeria, they were supported by all legal documents and rulings regarding sports betting.
Through the Criminal Act Code, the government legalized skill-based games in , allowing people to participate in lotteries, land-based casinos, and sports betting with few restrictions. Fortunately for wagering platforms, the introduction of technologies such as high-speed Internet and smartphones indirectly aided in the successful entry of sports betting into the country. This means that there are over 83 million mobile internet users in Nigeria. These are the figures that have largely motivated the expansion of sports betting.
The next crucial component to the betting spread is the degree of development of society and overall employment of Nigerians. Or, to put it more accurately, their unemployment. As a result, a lot of Nigerians use their love of sports as a source of making money.
As it appears, setting up a business is harder for local folks than opening sports wagering site. Some people take wagering more seriously than others, and they form online groups where they share their knowledge and strategies, as an alternative they use informational services like 1XBet Nigeria.
Sports wagering took a long way before finally arriving in West Africa only in This has attracted the attention of international bookmakers from Europe and North America and sparked the growth of small regional offices. Interest in wagering has grown every year since its introduction in Nigeria, and it can be clearly explained with plenty of factors fueling the spread.
Unlike many other countries, where bookmakers had started their journey, at the time of their appearance in Nigeria, they were supported by all legal documents and rulings regarding sports betting. Through the Criminal Act Code, the government legalized skill-based games in , allowing people to participate in lotteries, land-based casinos, and sports betting with few restrictions.
Fortunately for wagering platforms, the introduction of technologies such as high-speed Internet and smartphones indirectly aided in the successful entry of sports betting into the country. This means that there are over 83 million mobile internet users in Nigeria. These are the figures that have largely motivated the expansion of sports betting.
The next crucial component to the betting spread is the degree of development of society and overall employment of Nigerians. Or, to put it more accurately, their unemployment. As a result, a lot of Nigerians use their love of sports as a source of making money. As it appears, setting up a business is harder for local folks than opening sports wagering site. Payment Methods for Bets There is quite a diverse range of payment methods for Nigerians, and they vary depending on the bookmaker.
Most operators allow bettors to utilize their preferred banking option. We will be looking at different payment options available on our top-rated Nigerian betting sites. Credit and Debit Cards These are cards issued by banks or financial services companies to their customers to allow them to make electronic payments. Visa and Mastercard are the most popular credit cards in online betting sites.
You can use them to make online transactions on your preferred betting site from the comfort of your home. Most deposits via credit and debit cards are instant, which means you can fund your account and start gaming immediately. All you need to do is provide the card details and follow the instructions.
Bank Transfers Credit and debit cards have made it easier to carry out online transactions, but for many reasons, some players still prefer to funds directly from their bank accounts. Most sports betting sites in Nigeria accept payments bank transfers.
For bettors who are able to wait for transactions to clear, it can be among the cheapest ways to make online payments. This option is usually available for withdrawals and deposits, but the processing time is longer compared to other methods. E-wallets E-wallets are also known as digital wallets. They allow users to save, send and receive funds online.
The most exciting part about using an e-wallet is that you do not need any bank account. Most bookmakers accept payments through these methods, as many players prefer them to bank transfers and credit cards. You can instantly fund your sportsbook account and start betting on Football immediately.
In most cases, they are also available for withdrawals, and transactions are sometimes processed instantly. Cryptocurrencies These are described as digital currencies and are only available online. Cryptocurrencies are not available on every site in Nigeria, but a good number of bookmakers support them.
The most common ones are Bitcoin, Ripple, and Ethereum. You can find them at 22Bet and 1Bet, among other bookies. Making deposits and withdrawals via Cryptocurrencies is straightforward as long as you understand how they operate. Do I need to Pay Taxes on Winning? Since Sports betting is legal and regulated in Nigeria, operators must pay taxes and levies.
However, winnings are not taxed. This means any winnings accrued from online betting in the country are not subject to any form of tax. You can therefore place your favorite Football bets without fear that some amount will be deducted. Gambling in Nigeria is legal and regulated under the National Lottery Act of Any operator wishing to offer betting services in the country should have a license from the Nigerian Lottery Regulatory Commission.
What do I need to start betting online in Nigeria? To start betting in Nigeria, the first thing you need to need is to find a sportsbook that meets your needs and preferences. Once you are content, create an account, make your first deposit and begin your betting adventure.
Note that you must have attained the legal age of 18 years. How safe is it to bet online in Nigeria? Online betting in Nigeria is very safe as long as you join a genuine platform. We have provided a list of secure sportsbooks where the safety of your money and confidential data is guaranteed. These sites utilize the best security measures like the SSL encryption protocol to ensure your information is not accessed by unauthorized parties.
Do I need to verify my account when betting? Account verification is a very important process, and many bookmakers will require you to go through it. You are needed to provide valid documents to prove your identity and age. This process usually happens once, mostly when you request your first withdrawal.
Is Nigerian Naira accepted in online gambling? Most but not all Nigerian betting sites accept payments via Nigerian Naira. Those who do not support the currency offer conversion services to cater to players from this country.
Besides, modern payment options like e-wallets allow players to make deposits and withdrawals using their preferred currencies. Can I bet on mobile? All sportsbook operators offer mobile gaming to accommodate all types of players. Some have dedicated mobile apps for Android and iOS devices, while others allow players to access the sites directly via their browsers.
Here, you will be able to use all the features, services, and products available on the desktop. The best part about betting on mobile is the freedom of gambling from anywhere. Do Nigerian betting sites allow players to cash out their bets? Most bookmakers will allow players to cash out full or part of their bets if they feel they are unfavorable.
This is an excellent way to minimize possible losses from your wagers. Blacklist Sites in Nigeria Not all online sports betting sites in Nigeria are genuine. Blacklisted sites are those we advise our audiences to take caution since they are not safe. Before connecting with any bookmaker and depositing your funds, ensure you take your time to research them.
There is a lot of information on the internet about these sites. In addition, read the reviews of other players and find out their experiences with the platforms.
Football first appeared in Nigeria in the 20th century as a recreational activity at times when the country was the colony of Great Britain. The local community rapidly developed a passion for . The bookmaker was granted a license from the National Lottery Regulatory Commission in September Sports betting, Esports, and casino games are available for you to bet . Online Sports Betting in Africa Betway Africa is available in several African countries such as South Africa, Ghana, and Nigeria. As previously mentioned, betting laws vary from one .