Betting Sites with the Fastest Payouts in Nigeria
One of the fundamental characteristics of a betting site is the winnings withdrawal period, as many bettors, after winning a large amount of money, hanker to immediately receive them on their account, and the most convenient betting sites provide fast payouts. In fact, it works the other way round: first, the bookmaker pays out quickly, and, consequently, bettors find it good.
In this article, we will help you to choose the right bookmaker with the fastest payouts. On the page below, we will take a closer look at the fastest payout betting sites in Nigeria and tell you about the ways to withdraw funds from the betting account. We will also analyse potential problems with funds withdrawals and provide reviews of the most popular payment methods on betting sites in Nigeria.
Fastest Paying Bet Sites in Nigeria
Nigerian Betting Sites with the Fastest Payouts in April 2024
Why Should Betting Sites Pay Out Winnings Quickly?
The sooner the online betting site pays out winnings, the calmer the bettor is. When payouts are delayed, the bettor gets nervous. And we want to get the adrenaline from betting, but not from thinking about whether the bookmaker is a cheater. Quick winnings payouts are the basis of trust between the bettor and the betting site.
How to Withdraw Money from a Betting Site in Nigeria
The funds withdrawal procedure is almost identical for all betting sites:
- Log in.
- Go to your personal account.
- Find and visit the “Withdraw” section.
- Select a convenient withdrawal method*
- Enter the withdrawal amount.
- Confirm the transaction.
*In some cases, you can only select the payment method you successfully used at least once to deposit your betting account.
After that, expect the payout. If the funds are not credited within several working days, you should contact the bookmaker’s customer support service.
What Causes Delay in Payouts?
There can be plenty of reasons for payout delays. And it is not always the bookmaker’s fault. Here are the most common ones:
- Unverified account. On most betting sites, unverified customers are allowed to deposit their account and place bets, however they will probably never be able to withdraw funds without verifying their identity. So, verify your account and try to withdraw once again.
- Technical glitch. It is unpleasant, when it comes to money, however, site glitches do happen. If the bookmaker does not pay out your winnings for a long time, you should contact the support team to find out the reason for the delay.
- Payment system error. If, in the conversation with the support team, it turns out that there are no delays caused by the bookmaker, you should contact the support service of the payment method you are using. If it is an e-wallet, then visit its site, if it is a bank card – then visit the bank. A glitch on their part cannot be excluded.
- Participation in one of the bookmaker’s bonus promotions. Funds withdrawals may be blocked until the fulfilment of the bonus conditions. You can contact the bookmaker’s support team, and it can make concessions, but thus, you will definitely lose the bonus. Next time, read the rules carefully before agreeing to accept bonuses.
- Bookmaker’s rules violation. If you are suspected of violating the rules of the betting site, an extra checking may be required. Unfortunately, it can take a really long time, i.e. weeks or even months.
To rest assured that you will get your winnings, bet only with legal bookmakers!
Top Advantages of Instant Payout Betting Sites
Instant payouts have many advantages, and here are the most significant ones:
- No worries. It is always nice to immediately feel the taste of the victory after successful betting, using the fast payouts feature.
- Trust in the bookmaker. If bettors have never faced delays or other withdrawal problems, they become loyal customers.
- Integrated betting budget. If you have several accounts on different betting sites, you can integrate the balances of all your accounts into one budget and freely redistribute them, but only when you expect very fast payouts.
- Hunt for high odds. You can easily analyse odds in other betting companies in search of the highest ones, if withdrawals do not take much time. You do not need to keep money in each of your betting accounts: if you find profitable odds, hurry up to withdraw funds from one of your betting accounts and deposit another one.
Popular Payment Options on Nigerian Betting Sites
Paystack
Paystack is a Nigerian company that helps various enterprises accept payments on the site or in the app. In addition to Nigeria, in Africa, the company operates in Egypt and South Africa. It was founded in 2015 and is headquartered in Lagos. In 2020, it was acquired by the Stripe company for $200 million.
Its minimum deposit amount is ₦100, and you can withdraw at least ₦1,000. Via Paystack, you can deposit your account by card, bank transfer, Pay with Bank, Visa QR code, USSD. Deposits are carried out instantly through the Paystack page; withdrawals can take up to 24 hours.
Interswitch/Quickteller
The company is headquartered in Lagos. It integrates online payments into sites and apps. The company was founded in 2002. In Africa, Interswitch develops the online payment sector; for this, the company created the Quickteller retail payment system and Verve, a pan-African payment system.
Interswitch/Quickteller deposits of betting account are instant, and you can deposit from ₦10 to ₦100,000,000. You can make a deposit either via the Quickteller site or app, or via ATMs or bank branches.
Flutterwave
This is a Nigerian company that operates in Ghana, South Africa, and eight other countries of the continent and provides payment infrastructure across Africa and to global merchants.
The maximum deposit amount is ₦10,000, the minimum one is ₦100. There are several available ways to make a deposit: card payment, Pay with Bank, a QR code, Barter (the Flutterwave app), Pay with PayAttitude, USSD.
OPay
OPay is a convenient Nigerian service, that allows you not only to carry out financial transactions in betting companies, but also to pay for mobile communications, taxis etc.
The minimum deposit amount is ₦100, the maximum one is ₦100,000. The OPay App or Agent are convenient ways to make deposits.
Cryptocurrencies
Cryptocurrencies have recently become one of the popular payment options at bookmakers. You can pay with them on some betting sites in Nigeria, and this is one of the fastest ways of both deposits (instant) and withdrawals (15 min). This payment method is available at 1xBet, Melbet, Betwinner and other bookmakers. You can deposit with such popular cryptocurrencies as Bitcoin, TRON, Tether, Litcoin and others. The minimum deposit amount is $1, and you can withdraw at least $1.5 at the current exchange rate.
Debit cards
Direct card transfer is not available at all bookmakers, however, Betway Nigeria, Betwinner and some other betting sites have such an option. Normally, deposits are instant, while withdrawals take from 2 to 24 hours; the minimum deposit amount is ₦10, the maximum one is ₦50,000; the withdrawal limits are the same.
Digital wallets
You can also use e-wallets to make deposits to your Nigerian betting accounts. Perfect Money, Neteller, Skrill are among the most in-demand ones in Nigeria. Deposits are instant, while withdrawals, according to bookmakers, take no more than 15 minutes. The minimum deposit and withdrawal amounts are 1$ at the current exchange rate.
Paysafecard
The company was founded in Austria in 2000 and currently operates in more than 40 countries. The fundamental advantages of this payment method are that you do not need to link any bank card and provide personal information. In Nigeria, paysafecard vouchers can also be used to pay for betting.
Bank Transfer
Bank transfer is not the fastest but a reliable way to make a deposit to a betting account in Nigeria. This deposit method is available at Betway and other bookmakers.
Betting shop
You need to visit a betting shop and top up your account in cash. In Nigeria, you can use such a payment method, for instance, at 1xBet.
Top 5 Betting sites with the Fastest Payout in Nigeria
Almost all online betting sites in Nigeria provide the option of instant funds withdrawals from your betting account within a few minutes. However, some customers may face problems with getting their winnings. If you have failed to instantly receive the winnings to your account, maybe you are one of them. We have described the common reasons for payment delays above in the article. Further, we will take a closer look at the betting sites with fastest payouts in Nigeria.
#1 Fastest Payout Betting Site 1xBet
1xBet is one of the top betting sites with the fastest payouts. It was founded in 2007 and currently it is one of the most widely known bookmakers in many countries of the world. They offer high odds, a large selection of markets to bet on both popular events and niche tournaments and interesting 1xBet bonuses. Their customers also mark the boomaker as one of the top betting sites with a wide range of features available, including numerous video streams, lots of bonuses for existing bettors. 1xBet is headquartered in Limassol, Cyprus. The bookmaker entered the Nigerian legal betting market in 2019 after receiving a licence from the National Lottery Regulatory Commission.
1xBet customers are offered a vast selection of payment methods for both account depositing and winnings withdrawals. Among them:
- E-wallets: Skrill, WebMoney, MoneyGO, Perfect Money, Astropay, MuchBetter;
- Payment systems: ecoPayz, Payeer, Neteller;
- A wide range of cryptocurrencies: Bitcoin, Ethereum, Solana, TRON, Bitcoin Cash, Ethereum Classic, Ripple, Litecoin, Dogecoin, Dash, Monero, ZCash, NEM, BitShares, DigiByte, Verge, QTUM, Eos, Stellar, Polkadot, Toncoin, Avalanche X-Chain, Cosmos Atom, Tether on Ethereum, USD Coin on Ethereum, TrueUSD, Dai, Chainlink, Basic Attention Token, SHIBA INU on Ethereum, Tether on Solana, USD Coin on Solana, Tether on Tron, Tether on BSC, Binance Coin BSC, Binance USD, Paris Saint-Germain, Juventus, AS Roma and SHIBA INU on BSC.
At 1xBet, you can also get winnings in cash in their betting shops. Currently, 10 land-based betting shops operate in Nigeria, two of them are located in Lagos.
Being one of the best betting sites in Nigeria, they promise up to 15 minutes “fast payouts” for all online payment methods. In a single operation, you can withdraw at least $1.50, €1.50 or the equivalent amount in another currency. This fastest paying betting site does not charge any fees.
#2 Fastest Payout Betting Site Betway
Betway was founded in 2006 and is headquartered in Malta. The betting company also has official representative offices in London, Guernsey and Cape Town. The bookmaker operates under the licences of the Malta Gaming Authority and the UK Gambling Commission. In 2018, Betway received a permit from the Lagos State Government and the National Government of Nigeria and began to accept bets from Nigerian customers. The bookmaker offers registered punters sports betting, sections with online casinos and various gambling games, as well as regular promotions.
To get your winnings from the Betway Nigeria account, visit the “Withdraw Funds” section. The winnings can be received to a bank card, bank account and the Quickteller, OPay or Momo accounts. Money is credited immediately. In rare cases, the operation can take up to 24 – 48 hours. The minimum payout is ₦1,000.
#3 Fastest Payout Betting Site 22Bet
22Bet was founded in the UK in 2017, and it operates under the Curaçaoan licence in many countries worldwide. In 2019, the bookmaker received a licence to accept bets from Nigerian customers.
22Bet stands out as one of the top betting sites with a large selection of betting events starting with common sports such as football, tennis and basketball and ending with snooker, curling, cricket and multiple Esports games. 22Bet also offers various special bets on weather, show business events, politics etc. Bettors also note a wide range of match betting markets (up to several thousand markets to bet on popular games) and a high-level bonus programme: there are bonuses for new customers, existing bettors, and regular promotions are confined to major tournaments.
Customers are offered to withdraw winnings from their 22Bet betting accounts using the Paystack and Flutterwave payment systems, as well as via bank transfers. Payment processing and withdrawal periods depend on the selected payment method. The support team assured that, via Paystack and Flutterwave, funds are normally credited within 15 minutes. In case of bank transfers, the winnings withdrawal period may take up to 7 working days. So, you will have to wait before money reaches your bank account.
#4 Fastest Payout Betting Site Bet9ja
Bet9ja, an all-Nigerian betting company, was founded in 2013. It is one of the best betting sites with the fastest payouts in Nigeria and it is extremely popular. Many customers consider Bet9ja an ideal online betting platform. The betting company deserved such ratings thanks to a user-friendly interface on all the platforms – in addition to a desktop site, Bet9ja has a mobile one and an app for smartphones and tablets. And you can get the Bet9ja first deposit bonus, which is an advantage, too.
The bookmaker has got a gambling licence from the Lagos State Government and the State of Osun. This means that the bookmaker is legal in all states in Nigeria. Only Nigerian bettors can sign up on the Bet9ja site, the bookmaker does not accept bettors from other countries.
The Bet9ja betting company offers 38 online deposit methods, including various payment systems, e-banking and e-wallets, as well as cash deposits in banks and ATMs across Nigeria. At the same time, Bet9ja bettors can withdraw winnings only in one way – to their bank account. According to the bookmaker, the transaction process takes from several minutes to 24 hours, and, in rare cases, funds withdrawal process can take up to 10 working days. In Bet9ja, the one-time withdrawal amount ranges from ₦1,000 to ₦9,999,999. The bookmaker does not charge any fees.
#5 Fastest Payout Betting Site Sportybet
Sportybet is another fastest paying bet site in Nigeria. The bookmaker was founded in 2012, and is owned by Nigeria’s Marawin Group, which has broad representation across Africa, as well as an office in the UK. The bookmaker is licenced by the Lagos State Lotteries Board, which gives it the full right to accept bets from Nigerian customers. Sportybet has achieved widespread popularity in Nigeria thanks to the usability, large selection of sporting events to bet on, wide range of markets to bet on top matches, as well as the mobile app.
You can withdraw winnings from your Sportybet account to your bank account, as well as to cards of well-known payment systems. The betting company cooperates with 26 financial organisations popular in Nigeria. According to Sportybet, in most cases, account transactions are instant, but rarely, the withdrawal process can take up to 24 hours. The one-time withdrawal amount ranges from ₦1 to ₦9,999,999.
Tips to Getting the Fastest Payouts from Nigerian Betting Sites
To avoid worrying about the payout period, use our tips:
- Register and bet only with legal bookmakers in Nigeria. You can select one of the betting sites with the fastest payouts presented in this article and check out our rating of legal betting companies.
- Keep in mind that, when making your first deposit using particular payment options, you will not be eligible for Welcome bonuses. Carefully read promo conditions. For example, check the T&Cs if you want to get the Melbet registration bonus.
- At many bookmakers, you can place bets and make deposits by just registering, and verification is only required in the withdrawal phase. To withdraw funds faster, verify your account right after registration.
- Use the same payment method both for deposits and withdrawals, this will save time on data entry. Keep in mind that some payment methods are ineligible for promotions. Make sure to check terms and conditions to get a reward, e.g. Betbonanza bonus.
- E-wallets and cryptocurrencies are the fastest ways to withdraw your winnings from Nigerian betting accounts. Keep in mind that these payment methods are usually don’t count towards the promotion, for example check the Betwinner first deposit bonus rules or other promotions’ T&Cs to make sure that the payment systems can be used.
Bookmakers Not Suitable for Quick Withdrawals
Our list is compiled from betting sites with the smallest selection of payment systems in the Nigerian legal betting market. They cannot be classified as betting sites with the fastest payouts, and were rated the worst by Match.Center in the payment methods ranking. It does not mean that we do not recommend that you register and place bets with these bookmakers. They are just not suitable for bettors that actively use many various payment options.
Accessbet
AccessBet entered the Nigerian legal betting market in 2016 and, since then, it has managed to earn a good reputation among local bettors. The betting company is owned by TM Gaming Networks LTD and licenced by the National Lottery Regulatory Commission.
The bookmaker offers the selection of more than 50 sports betting options, including Esports, snooker and weightlifting. Their customers can also bet on political events, TV shows and film industry. On AccessBet, there are special sections for virtual slot machines, live casinos and virtual sports. AccessBet customers also note a decent 100% first deposit Welcome bonus.
However, the bookmaker cannot be included in the list of the betting sites with the fastest payouts. The Paystack payment system is the only way to withdraw your winnings from the AccessBet account. According to the bookmaker, on average, the withdrawal process takes about 5 minutes, and in rare cases, the transaction can take up to 24 hours. The one-time withdrawal amount ranges from ₦1,000 to ₦1,000,000.
Winners Golden Bet
Winners Golden Bet (WGB) was founded in 2013 and, over the past years, it has become a competitive player in the Nigerian legal betting market. The bookmaker operates under the licence of the Lagos State Lottery Board. WGB accepts bets on the most popular sports; in total, there are 23 sports betting sections on the bookmaker’s site. Moreover, it offers bets on political events, film and music awards, as well as bets on virtual sports. According to Winners Golden Bet customers, a significant disadvantage of the bookmaker is the lack of bonuses for both new and existing customers.
Winners Golden Bet cannot be included in the list of most attractive betting sites with the fastest payouts. It is one of the betting sites with only one available way to withdraw funds from the betting account: to the customer’s bank account. The transaction can take up to 24 hours. You can withdraw at least ₦1,000.
Betpawa
The Betpawa betting company operates in Nigeria under the licence of the Lagos State Lotteries Board and the National Lottery Regulatory Commission. The bookmaker also has representative offices in other African countries. Betpawa cannot be called a betting site with the fastest payouts. Moreover, the bookmaker has no Welcome promotions; however, it offers a 500% acca betting bonus. A significant disadvantage lies in the selection of sports to bet on. On Betpawa, bettors can choose only from two sports: football and basketball. On the betting site, you will also find bets on virtual sports, virtual slot machines and sports tote.
Bank transfer is the only way to withdraw your winnings from your Betpawa account. The transaction can take up to 24 hours. The Betpawa withdrawal limits range from ₦1,000 to ₦2,000,000.