The sports betting market in the Nigeria can be said to be a fast rising one at the moment. In no time Nigeria would be listed alongside UK & Russia. UK is known to be the most mature in the world, their betting brands have been in business for several decades and have developed a strong reputation for reliability, quality products and excellent customer service.
In Nigeria, the competition is getting bigger day by day and punters are dominating the Gambling industry. These companies are being regulated by the Nigeria Gambling Commission, many Nigeria betting sites also have agents offline running small shops for walk-in customers to place bets, these agents have rules, regulations and requirement to abide by before being granted permissions before they operate. We would be guiding you on what to look for when researching online betting sites in Nigeria, including how to identify established and trusted brands and how to make sure your deposits are secure once you have chosen where you want to play. In our previous article we gave out 10 Best Sport Betting Companies in Nigeria, you might want to check it out. In summary they are: NairaBet, Bet9ja, MerryBet, Surebet247, 9japredict and more.
The Nigeria market has been licensed and regulated in sports betting for sometimes now. Because of these, International betting companies like Bet365 now allows Nigerians to register and bet on their platforms.
Nigeria betting sites are more focused primarily on sports popular in the World. These includes soccer, darts, cricket, rugby and tennis. However, in recent years, betting brands in Nigeria have also dramatically improved their coverage of North American major league sports, including American football, baseball, basketball and hockey, providing both betting lines and news and feature coverage of the NFL, MLB, NBA and NHL. Having said that they sometimes feature Politics and Entertainments, during the last Election in 2015, NairaBet gave out odds for it’s customer to bet on either Buhari or Jonathan, we can say this is a Marketing strategy though.
Nigeria betting sites introduced virtual soccer, virtual tennis, dog and horse racing. At some point Dog racing became popular in Nigeria where you see punters in betting shops gambling on this particular Dog racing it was being referred to (Aja’n sa re) meaning Dog’s running, also a musician Small Doctor made use of this on his hit single that period.
Nigeria betting sites offers promotions and incentives to both new and existing customers, presently NairaBet, Bet9ja & Surebet9ja has more promotions running. Cross promotions encourage players to combine wagers on sports that they don’t normally play, or try their luck at poker and casino games offered by these bet companies.
Registration packages are typically offered to new players which often include attractive deposit bonuses and free bet opportunities.
HOW TO KNOW A NIGERIA BETTING SITE IS LEGITIMATE
During the past years, betting companies in Nigeria couldn’t stand the test of times as they make promises which they won’t keep up to, a popular betting company once faced issue of not being able to pay customers their winnings due to an error with the website. The greatest concern facing sports betting fans who are trying out online betting for the first time is making sure the site they choose is legitimate. But trust us, this is a quick easy task.
Reputable betting sites in Nigeria are licensed and regulated by the Gambling Commission. Set up under Nigeria’s Gambling Act of 2004 to regulate commercial gambling, the Gambling Commission is an independent body and provides transparent regulation of all commercial gambling operators.
Nigeria betting companies regulated by the Gambling Commission typically provide more details on the Terms and Condition pages.
Most betting companies in Nigeria have Agents with small shops in mostly populated cities in Nigeria which they must have complied with all rules, regulations and requirement necessary. A quick search on Google would give you more details about any sport betting company in Nigeria. We would be giving a list of all regulated and licence Betting companies in coming days,
Make sure to choose betting sites that have been in business for five years or longer. Establishing a strong reputable online brand is hard work and takes years, with only the best surviving the long haul.
It is also very important to look into whichever betting companies’ policies and customer service capabilities before signing up and giving them your trust. As with any online company you may choose to do business with, you will want to be able to communicate with the betting site you choose, in the manner you choose, especially when you have questions about your deposit, withdraws etc.
Only the best companies make that possible. Betting sites that do not offer quality customer service or who engage in unethical practices do not stay in business for very long.
DEPOSITING IN NIGERIA BETTING SITES
The most popular method for making deposits at Nigeria betting sites is by Debit cards. Most Nigeria betting companies accept Visa and MasterCard, as well as a variety of debit card brands.
Third-party payment companies like Quickteller, Zoto, and Banks themselves let you make direct deposit into your Bet accounts. Make sure to read more on your choice’s website for details. They display all accepted payment methods they are in partnership with.
After depositing, betting and winning your win amount gets into your online bet account balance from which you make withdrawal into your Bank account.
We hope as a newbie or betting expert you found our article helpful. Your betting experience will be most enjoyable when you choose a reputable and regulated Nigerian betting company, see here for the Top 10 Betting companies in Nigeria presently.