Top 10 Betting Sites In Nigeria

Sports betting in Nigeria has a relatively short history compared to other countries like the US and Europe, with its oldest online sports betting company, Nairabet, established in 2007. Nigeria now has over 50 online sports betting platforms.

In 2013, sports betting was legalized in Nigeria they are regulated by the National Lottery Regulatory Commission 

The wide spread of sports betting overtook the country due to a large part of its youth population's love for sports, most especially football, basketball, and fighting sports.

The enthusiasm and the hope of big wins, as advertised by betting companies, the ease of placing bets, and betting influencers also contribute immensely to the growth of the industry.

Let's dive into the top 10 sports betting companies in Nigeria based on the biggest odds, fast payment, and ease of using their platforms. The list will also include foreign betting sites that accept Naira debit cards.

10. Betbonanza: Founded in 2014 by Adekunle Adeniji after he resigned from Betking. The platform has good odds and fast payouts but is only kept in 10th place by its user interface. 

It recently signed the Nigerian football legend Daniel Amokachi as its ambassador 

9. Merrybet: started operations in 2013. It was founded by Opeoluwa Fashakin, and they offer some of the best odds in the Nigerian sports betting industry. They are drawn back by a lack of popularity. not-so-fast payouts and low online influence.

8. Msports: Msports was launched in Nigeria in 2020 by its founder, Kev Rowbottom. They offer cool options and a nice interface. The only drawback is the not-so-cool mobile app experience; users complain of slow logins and extensive security measures.

7. Nairabet is the oldest sports betting platform in Nigeria, founded in 2007 by Nigerian entrepreneur and author Oloye Akin Alabi. With big live odds and fast payouts, they are the sixth-best in Nigeria. Their user interface, on the other hand, is not so friendly.

6. 22bet: is owned by Marikit Holdings Limited and Casinos operating out of Cyprus. They offer big odds and a 100% sign-up bonus, but a slightly complicated user interface and extensive security measures.

5. 1xBet: Similar to 22Bet, they operate out of Cyprus. They offer options to bet in any desired currency, similar to UK betting sites; bet-building options are also available; and they are one of the best sports betting platforms in the world with a large market reach.

It is owned by Sergey Kershkov.

4. Betway: Betway is one of the biggest betting platforms across Africa; they also offer free bet building, and users can place bets in various currencies. They are owned and controlled by the Super Group and operate in London and Malta. 

3. Betking is one of the biggest betting platforms in Nigeria, with a cool user interface and easy-to-deposit options. They offer the biggest odds in Nigeria and are owned by the Nigerian legend Austin Jay Jay Okocha.

2. Bet9ja: Bet9ja has a large range of betting shops and outlets across the country, and they also have a huge customer base. They have a cool user interface, but for new users, it may not be so well understood. They also offer user-to-user fund transfers.

They are owned by Ayo Ojuroye and Kunle Soname.

1. Sporty Bet: Sporty Bet is not as big as some betting platforms on the list, but they have the fastest payout option in the industry with the most friendly user interface.

The betting platform was founded by Sudeep Ramnani in 2013, and it has an increasing online presence among betting influencers.