Best & fastest payout betting sites in Nigeria 2023
Online sports betting is one of the favourite pastime activities nowadays. Many people enjoy placing bets on bookmakers’ sites. When they win, they feel thrill, joy, satisfaction. But sometimes the enjoyment is embittered by impossibility to grab their win at once. Payment delays kill fun and excitement, and make punters nervous.
But the situation is changing now. A lot of sportsbooks try their best to pay out players’ winnings as fast as possible. In this article we are going to tell you about the fastest payout bookies in Nigeria. You will also get to learn about the most popular payment methods in the country as well as which of them guarantee instant deposits and fast withdrawals.
What is the fastest paying bet company in Nigeria
There are a few things the bettor has to pay attention to before deciding to place their bets there. Not all bookmakers are equal, not all offer fast payouts, as well as not all payment services are ready to pay back fast.
There are bookies which pay out players’ winnings within a minute or even instantly. This website is ready to give you a hand so that you will be able to force your way through hundreds of online bookmakers and to select a trustworthy one.
Reasons for the popularity of instant payout betting sites
Most modern virtual sportsbooks offer instant deposits, but not all of them give fast payouts. When a player wagers his/her own money, he/she is looking forward to getting or even multiplying this money. Bettors, especially if they are new to a gambling site may become nervous in case, they can’t see their winnings on their accounts for a long time.
You surely want a betting site that guarantees fast withdrawals. There are a number of reasons to this:
- The faster the payout is the more bettors will trust the website.
- Fast processing payouts give punters a peace of mind therefore they can rest assured they are on the trustworthy site.
- Bettors experience less stress.
- Fast withdrawals mean the bookie works on efficient platform and everything there also works properly.
- Bettors can plan what to do with the money won and use it for something else.
To decrease the time of withdrawal, you’d better verify your account beforehand. The verification process usually takes 2 – 3 working days.
Best betting sites with fast withdrawal in 2022
There are lots of bookmakers on the Nigerian market. This fact makes it a bit difficult to find a bookie that suit you. There is always a solution. Our team has been shopping around for the best betting apps for Nigeria with fast withdrawals in 2022.
We make up the rating which will help you choose bookmakers with fast payments.
When forming the list, we consider the period of withdrawal, a good selection of bets and sports, and bonuses as well as real users’ reviews and payment terms.
| Betting Site | Bet9ja | Melbet | Betway | Wazobet | BetWinner |
| Withdrawal Methods | Bank transfer | Opay, ecoPayz, Bank transfer | OPAY, Paga, EFT | EFT, ecoPayz | Opay, bank transfer |
| Min. Withdrawal | NGN 1000 | NGN550 | NGN50 | NGN100 | NGN550 |
| Max. Withdrawal | NGN9,999,999 | No limits | NGN25,000,000. | NGN2,500,000 | NGN500,000 |
| Commission | free | free | free | free | free |
| Withdrawal Time | Within 24 hours | 15 minutes | immediate | 15 minutes | 15 minutes |
| Bonuses | 100% up to NGN100,000 | 100% up to NGN100,000 | 100% up to NGN100,000 | 110% up to NGN55,000 | 100% up to NGN50,000 |
How to choose fastest payout betting sites in Nigeria
Before taking up betting on a new bookie website, you’d better find out whether this site is good and reliable.
What features and options should you pay attention to before going into all serious? Let’s look at most significant ones.
- Payment methods available. The more payments solutions offered the better. Not only does the number of payment methods matter, but also their quality and reputation in the financial world.
- Having a commission. No one is eager to give extra money for transferring their own funds. It’s great when This service is free of charge.
- The minimum withdrawal limits. It’s good when the bookie allows its customers to cash out the small amount of money.
- Registration bonuses. Welcome bonuses are an integral part of every gambling site today. Pay attention to the bonuses that not only offer generous extra money, but also have reasonable wagering requirements.
- Support service. Customer Support is a face of a website. It must work fast and efficient. Support team must be polite, professional and ready to help day and night.
There are other things which also it’s necessary to take into account such as the number of markets, sports and events. You may also like when there is extra entertainment like casino games, etc.
Bonuses on betting sites with fast withdrawals
One of the advantages of virtual betting sites is the fact that everyone can get a welcome bonus when registering and many others after that. However, there are pitfalls. Before asking for any bonus, remember to read carefully terms & condition attached to it. You’d better learn how to be eligible for that promo, what it gives and how to play it through, etc.
| Bonus Type | What Gives | How To Get | How To Wager |
| Freebet | A risk-free bet | It is often given to a new player, but sometimes loyal ones get the offer. | Each bookie tells you what bets you must place with which odds and how many times to wager to be able to withdraw winnings from the bet. |
| Bet Insurance | You can save a part of your bet in case the bet has lost. | As a rule, this bonus is given when you place accumulators with certain number of selections. | You have to place certain number of selections with predetermined odds. |
| Comboboost | Extra odds | You have to place express bets. | You must wager a predetermined number of bets, with certain odds, etc. |
| Express Bet of the Day | Extra odds | A bookie determines some set of events for the day and unite them in an express/accumulator bet. You bet on these events to win the bonus. | You must place bets using funds from your main account and meet other prescribed requirements. |
| Cashback | Extra money for wagering | The bonus can be given on loses within a predetermined period | Each bookie determines how much and how many times the bettor must deposit and what bets to place during the predetermined period. |
| Tournament | A prize for participation | The player should take part in a tournament. | You must place bets on certain event that are included in the tournament. |
Wagering bonuses
Each bookmaker sets some rules for each bonus promotion. These rules describe the conditions under which the customer can get the bonus and what requirements to fulfill to be able to withdraw the winnings from that promotion. The rollover tells the bettor how many times he/she must wager a given bonus, what types of bets to place and with which odds.
Payment option at the fastest payout betting site in Nigeria
There are a number of payment methods in Nigeria that allow customers to withdraw their funds from bookmakers fast and hassle-free.
They include credit/debit and prepaid cards, mobile payments, bank transfers, cryptocurrencies.
Each payment system has its own minimum and maximum deposit and withdrawal limits.
| payment method | type | payout time | minimum payout | maximum payout | commission | where available |
| OPay | mobile money service | Up to 15 minutes | NGN50 | NGN25,000,000 | no | 1xbet, bet9ja,
Betway, Melbet |
| Visa/Mastercard | Credit/debit card | Instant, up to 7 days depending on the bank | NGN100 | Not stated | no | Betwinner Melbet |
| ecoPayz | e-wallet | Up to 15 minutes | NGN250 | No limits | no | Melbet Betwinner Parimatch |
| Bank Transfer | Bank transfer | Up to 7 days | NGN550 | NGN10,000,000 | no | 22bet BetKing Wazobet Parimatch |
| Sticpay | e-wallet | Up to 15 minutes | NGN550 | Not stated | no | Melbet Betwinner |
| Jeton wallet | e-wallet | Up to 15 minutes | NGN550 | Not stated | no | Melbet Betwinner |
Payment rules in Nigerian bookies
When depositing and cashing out, you have to follow certain rules of payments.
- You need to use only your payment instruments.
- You cannot use credit money for a deposit.
- You cannot use money obtained illegally.
- You can only withdraw funds using the same payment details that were used when depositing.
- You shouldn’t transfer funds from one payment system to another.
- You are not allowed to deposit and withdraw funds without placing bets.
Minimum and maximum cashout limits
The limits vary from a bookmaker to a bookmaker.
The minimum withdrawal is NGN550 and the maximum limit is NGN2,500,000 on average.
The lowest minimum withdrawal is NGN50 at Betway. The maximum cash out that can be offered is unlimited.
You can see limits when visiting the banking page of a bookie.
Withdrawal time
The withdrawal time is different on different websites. It also depends on several factors such as
- A payment method used;
- Whether the player’s account is verified or not.
To shorten the withdrawal period, always verify your account beforehand. As a rule, e-wallets, mobile payments or cryptocurrency offer the fastest service. When you use them, you are likely to see money on your bank account instantly or within few minutes.
Withdrawal fee
Many sportsbooks don’t take charges for withdrawing funds from their sites. But some fee can be taken by some banks or other payment services. You will see the commission when starting cashing out.
How to make a quick withdrawal on bet sites in Nigeria
There is nothing difficult about how to withdraw money.
Sportsbooks usually provide a step-to step guide on how to cash out.
- Open the website and log in/or open your bookie app.
- Go to My Account.
- Select Withdraw/Withdraw Funds.
- Click on Withdraw Now.
- Decide what payment method to use for withdrawal.
- If you cash out for the first time, save your bank details. In case you use a debit card, fill in necessary data.
- Enter the sum.
- Click Proceed/Confirm.
After that, you will receive a notification if you are a success.
What do you need for fast payouts money in bookies
Before allowing the first withdrawal of winnings, bookmakers verify player’s identity. The customer has to provide the operator with scans/photos of required documents. The verification process often takes up to 72 hours. That’s why, if you want to decrease the time of withdrawal,
- verify your account shortly after the registration.
- Make a deposit (you may first make the least amount to see how it is going).
- Wager your deposit the required number of times.
- Order the first withdrawal of funds.
Many sportsbooks want their customers to use the same payment method for both replenishing their account and paying out winnings.
Registration on the bet site with the fastest paying winnings
The first thing everyone must do when coming to a new bookie is to register.
The registration process usually standard and doesn’t take too much time.
- Open the official website, or your app.
- Click on “Register/Sign Up/Join Now”.
- The popup menu will appear.
- Fill in your phone number, country (often it is filled automatically) and the currency you are going to use.
- Add all necessary personal information including the full name, date of birth, residence address, email, password.
- Tick the box, confirming your agreement with the bookie’s T&C and that you are at least 18.
- Enter a promo code if you have one.
- Tick a box in case you wish to receive promo notifications.
- Tap “Open Account/Register”.
That’s all.
Verification on fast withdrawal betting sites
To take full advantage of a bookmaker’s website, every new customer has to verify the player’s account. The verification process can be divided into two stages – you go through the first one during the registration and the second stage is when you provide the necessary documents to the operator.
While the customer is signing up, the bookmaker verifies
- the phone number (when entering the confirmation code),
- the email (the customer gets the message to the email with the bookie link and has to follow it).
To verify the account, it is also necessary to provide some documents in order to confirm the player’s identity.
- Open My Account.
- Click on KYС verification in the menu.
- Upload documents. You have to provide a clear copy of your identity document (National ID, Voter ID Card, Driving license (front and back) or international passport (two first pages) in the necessary format.
- Submit.
Some bookies may also require providing the front side of your credit card, the latest utility bill and some other documents to prove your home address.
Tips for fast payouts on bookies in Nigeria
You see, not all bookmakers that cater to Nigerian gamblers offer fast withdrawals. But you can find the fastest payout betting site in Nigeria if read our article. However, there are some things that will help you to get your funds onto your bank account more quickly.
All you have to do is follow our advice.
- Provide accurate personal data when registering. And then check the correctness of the personal information in your profile carefully. Otherwise, if there is a spelling mistake in your name, surname or anywhere else, you won’t be able to withdraw your winnings.
- Complete the verification immediately after registering with the betting site. It takes up to 3 working days to verify player’s documents, therefore you’d better verify your account beforehand.
- Get to learn payment methods offered by the bookie. Check the payout time for the payment you want to use. Choose the one that has the shortest withdrawal period.
- For withdrawal use the payment solution from which you have made the deposit. Many bookies put forward this requirement, or they offer your alternative in case the depositing method can’t be used for cashing out.
- Consider daily, weekly and monthly payout limits. Meet the bookie’s requirements, otherwise your request may be rejected.
FAQ
There are a number of them. The most popular and reliable are Betway, Melbet, Betwinner and some others. When betting there, you will see your winnings on your bank account within 15 minutes after you have made a request.
On average, the minimum sum that you can withdraw is NGN550, but there are bookmakers that allow NGN250 when you are using a certain payment solution, for example ecoPayz. Some bookies allow withdrawing NGN1000 at least.
There are sportsbooks websites that don’t limit withdrawals on some payment methods. However, the upper limit is from NGN10,000,000 to NGN25,000,000 on average. You may see limits when visiting the banking page of the bookie you are betting at.
To receive your money as quick as possible, you have to follow some tips. First of all, provide accurate personal information when registering. Then verify your account shortly after signing up. When making the first deposit, look through the payment solution provided and pick the one with the fastest payout period.
Yes, of course. Every gambling website offer lots of promotions, above all to enhance player’s gambling activity and attract more customers to their sites. Shop around and choose promotions that have reasonable wagering requirements. Get to learn the bonus terms and conditions primarily, not to be disappointed afterwards.
The process of verification on most bookmakers’ sites are the same. You have to verify your phone number by inserting the code sent to your phone, follow the link that the bookie sends to your email address. After that, you have to submit photos or scans of your ID, sometimes you have also to provide some other documents. The bookie also can call you or skype.
Of course, you can. You must choose the currency when registering with the website. Then, all transactions will be conducted in the specified currency including withdrawals at the fastest paying sites in Nigeria.
Most fastest payout bookies in Nigeria don’t take any fees for transferring funds onto and from player’s account. But some banks and payment services make take commission for transactions. You’d better look through the payment methods offered to check what payments takes fees.
It doesn’t matter whether you bet and order withdrawal from the desktop, mobile version of the bookie or the app, the withdrawal period is the same.
You may use Visa credit cards, and also use such banks as GTBank, Zenith bank, Unity bank, Fidelity bank, Gurantee Trust bank and some others.