Fast growing gambling industry in the region doesn’t seem to slow down and developing in enormous pace. Inside this growth, it should be highlighted another one trend of industry’s transformation in online form of playing.
According to the last researches, the industry of gambling in Nigeria was estimated at more than $2 billion and continue to increase in quickest pace. Due to the analysis of NAN (News Agency of Nigeria), approximately 60 million citizens of Nigeria from 18 to 40 are engaged in sports bettingб which is almost a 30% of total population.
A major impact on this growth connected with the process of legalization of this industry by a government, which brought it to a new level. Started in 2005 with a National Lottery Act and initiating of the governmental regulatory institution, it has been handled a several challenges connected with developing process till reached today’s results.
According to NAN’s statistics, gambling makes over than 0,4% country’s GDP, which is the highest economy in African region.
The part of industry, connected with bets, is subdivided on in-land-playing and playing via the Internet. Despite the fact, that first form is still dominated, this tendency will be changed in the near future. Legalization of online-betting by the government returned the balance of the level of public confidence, because punters have become ensured of getting their withdrawals.
Moreover, mobile versions and applications have been developed or developing now by the all major players on gambling market. Leading in this segment 1xBET has their own application on all the main smartphone’s operational systems and even a PC. By the way, downloading it via our link with promo code will give you an extra amount on the first bankroll beyond traditional 100€.
The causes of it successfulness are quite simple. Firstly, the main affect was made by betting on sports, which can be explained by the fact that country is highly involved in sports activity, especially in soccer. For instance, 1xBET is an official partner of soccer Nigeria Professional Football League (NPFL) and National Soccer Team in Nigeria.
It also the major contributor to the «Confédération africaine de football (CAF)» and «African Cup of Nations (AFCON)» tournaments. Finally, it is leading bookmaker in the region for both form of playing — online and offline.
Goal of the review you’re currently reading is to estimate the online-part of this market in Nigeria, show the companies are existing and explain a brief description of how to bet online.
Existing online-betting providers
Due to the companies, who are operating in Nigerian Federal Republic on a legal basis, turn to the governmental institution is responsible for this sector — National Lottery Regulatory Commission. According to the law of the country, a company should be licensed by it to provide an opportunity for punters to place a bets via the Internet.
At the moments, there are 16 official betting-operators existing, here their public and juridical names, respectively:
- 1xBET — BEAUFORTBET NIGERIA LIMITED
- Bet9ja — KC Gaming Ltd
- SportyBet — Sporty Internet Limited
- NairaBET — Over the Top Entertainment Ltd
- Access Bet — TM Gaming Ltd
- NaijaBET — Naijabet Limited
- Cloud Bet — Interactive Gaming Solutions Limited
- BETPAWA — CALGARY ONLINE LIMITED
- Msport — Mobile Sport Limited
- AfriBet — Africa Betting Company Nigeria Ltd
- Alphagramwa — AlphaGram West Africa Ltd
- iBET — Promoserve Inter Links Ltd
- Betway — Digi Bay Limited
- BlackBet — Blackbet Ltd
- BetBiga — Crystral gaming Limited
- BetLion — VisaTech Limited
We have specially selected the best one’s from the list above to compare them due to 4 main issues: sportsline coverage, number of ways to put money in or out, existence of mobile and other platforms and the generosity of bonus systems.
For that criteria’s will be estimated 3 major companies — 1xBET, NairaBET and NaijaBET. Focusing on them would not only show the possibilities of betting in Nigeria, but also would help you to choose a bookmaker, that is the most suitable to your goals and style of playing. So, shall we start.
Superior company worldwide with more than 12 years’ experience of offline and online gambling services. It covers Europe, CIS, Asia and Africa regions. Total number of countries of residence is over 50, including Nigeria Federal Republic.
The company was founded in 2007 and for the last years has risen in popularity with the expansion of foreign markets. Headquarters of the company is currently based in Limassol, Cyprus. Company’s working under the gambling license officially since 4 January 2020.
For that criteria, 1xBET is a totally winner between the others, because their line is enormously wide. Includes a plenty of sports activities: from well-known games to exotic one’s, such as Trotting, Hurling, etc. But doesn’t border on them. There are either:
- Politics on international level
- Eurovision Song Contest
- Lottery and TV-shows
- Special one’s (e.g. who would be the winner of Oscar 2020, etc.)
As for the previous one, 1xBET is leading for that either — the variety of ways to put money in or out can impress even the most sophisticated punters. It includes ordinary transfers via credit/debit card, payments via e-wallet systems, availability to deposit by cash in on-land points or self-service terminals.
Finally, bookmaker pays a special attention to cryptocurrency and adds 25 different one’s. Moreover, their own crypto exchange platform were developed either and named it «Crex24».
Mobile App and other platforms
For users with iOS and Android-version gadgets they created own application, which is opened to download and install for free. Moreover, because 1xBET is working worldwide and is banned in some regions (where gambling is prohibited), they developed also an app for desktop and personal browser for PC, which is available once you install it at any conditions (if you’re connected to the Internet, of course).
If for someone it is now enough, betting can be proceeded even via Telegram Messenger by special bot. Probably, it is nothing to add.
Company presents a 100€ (or equal amount in another currency) welcome bonus for all recently come punters. But in case you installing their application via our link using the promo code, this amount will be increased. What else is needed to have enjoyable start?
Otherwise, you would be enjoyably surprised by the number of bonus campaigns introduced for a punters on a regular basis.
Next one is massive local giant of gambling — NairaBET. Originally founded by the famous Nigerian influencer Akin Alabi in 2009. It was the first company providing such services in that region. Thus, it known as «home of betting» between the punters.
The total number of markets listed is 21. The main impact is paid on soccer, which has the widest line on this discipline. Moreover, it is supplemented by the «special» outcomes of particular event (e.g. «would the Champions League’s Final be Italian»).
As well as major part of local Nigerian bookmaker’s, signing-up procedure requires to have an individual bank account in local bank. If it is present, there would not be any problem to proceed it, verify and make a bankroll via Visa/Mastercard, GTBank Interswitch or Verve.
Mobile App and other platforms
Regrettably to Apple fans, there only Android apk has developed yet.
However, website is optimized for mobile browsers with equal functionality, so it isn’t a serious issue.
For all rookies increased deposit welcome system is enabled in order to start being a little bit happier. The bonus programs are also existing, although not so many as in previous one. For instance, there a regular campaign offers an extra bonus each week on Friday, as well as a competition of the accumulator’s betslip’s stakes.
NaijaBET is a quite recent player on African gambling area. As the hallmark of the company can be underlined specialization in betting on football, because the bettor has the widest line for these kind of sport. It was founded in 2016 and located in Ado-Ekiti in Nigeria, where the company’s headquarters.
The line is common to the previous one with 20 sports disciplines and one additional category — political events. As was saying, the widest one is connected with football on which company specialized. However, other kinds of sports are also existing. Finally, punters are able to bet on political events, like Presidential Election outcome in Nigeria.
All major methods are accessible to the punters, who have an individual account in bank of Nigeria. The presence of it is a necessity, as well as being 18 years old at least, other restrictions are absent.
Mobile App and other platforms
As in the previous example, the application developed only for Android, but has an equal design as version for mobile browsers.
There are a couple bonus campaigns for players, as an accumulator bonus or «League Booster», which is a special period of time when odds increased in several times.
How to Make a Withdraw?
What betting sites have?
What doing sites bet?