Sports betting is a fast growing and constantly changing industry – betting operators want to be better than their competitors, they want to be the best at what they do. Not only do they have to compete with existing betting sites, they also have to compete with new sportsbooks that pop up every now and again.
This is a good illustration of the famous Red Queen quote from Alice in Wonderland – “It takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!”
If you are reading this, you are likely looking to learn about new betting companies in Nigeria – who are they, are they good, are they legal and safe. We will be able to answer all of those questions for you. Additionally, we will be constantly updating this page, so regardless of when you are reading this – you can be sure that all new betting sites are listed here. Finally, it is also important to note that we will only list betting sites that have a valid license and are considered to be safe and reliable.
Why Should You Look for New Betting Sites?
Why should you care about new betting sites if you already know a couple that you are visiting on a regular basis? That is a good question, however the answer is rather obvious. New sportsbooks often have an innovative approach to whatever they offer, they are more open to taking risks and often have better odds. Furthermore, they are aggressively trying to attract new players (that means you) and in order to do so – they give out impressive welcome bonuses and often have recurring weekly offers.
Of course, you would need to do some research before trusting any of your hard-earned money to a bookmaker that you haven’t seen before. The good part about this is that we had already done all the research for you – reviewing betting sites is what we do. We only promote brands that can be trusted and that we would feel comfortable using ourselves.
Which New Nigerian Betting Companies We Recommend?
As we already mentioned earlier, we will be constantly keeping this page up to date and will be adding new betting sites as they become available. We will only feature bookmakers that we tested ourselves, brands that we haven’t yet tested or ones that we can’t trust – will not be featured here. Here’s our most up-to-date list of betting sites that recently opened in Nigeria.
Parpesa
Paripesa is without a doubt one of the top betting sites among the ones that opened in recent years. In late 2020 they acquired a license from the Oyo State Gaming Board, which allowed them to start working in Nigeria, accumulating a fairly large player base since then. Most people who come here end up staying and there are several reasons behind it. If you want to learn more about them – we have a complete Paripesa review, which you are welcome to read.
First of all, the overall user experience is one of the best among Nigerian sportsbooks in general. Paripesa has a mobile app for whoever might want to download it, they also have an exceptionally well-optimized mobile website, which loads quickly even on relatively old devices. Having said that, even if your phone might be slightly outdated – you will still be able to play at Paripesa without any difficulties.
Secondly, they have a decent welcome offer for new players – the amount and percentage of the bonus are more-or-less average, however the conditions are what makes the difference. Newcomers will be offered a 100% bonus up to ₦100,000 and the minimum deposit you have to make in order to activate the bonus is just ₦450. In addition to that, the wagering requirement is just 5x, while other betting sites have it at least twice as big. The minimum odds requirement is also just 1.40, so as you can understand the conditions to convert your bonus funds into real money balance are quite realistic.
Finally, Paripesa is doing a fairly good job at retaining existing players and making sure that people have something to look forward to. Existing players can get deposit bonuses every day – your first deposit of the day will give you a 20% bonus up to ₦20,000, the required deposit amount is ₦1,500. All other conditions are identical to the welcome offer apart from the minimum odds requirement, which is 1.50 for this offer.
Parimatch
Parimatch is a world-famous betting brand, which all of you have probably heard of at least once. They used to operate in Nigeria some years ago, however later had to close down their Nigerian branch due to legal reasons. Well, we have some good news – Parimatch is back! They’ve acquired a betting license from the National Lottery Regulatory Commission of Nigeria and once again opened their Nigerian website in mid-2021. We also have a full Parimatch review available for you to read, here will just outline several key points about them.
To start things off, let’s take a quick look at the welcome bonus for new players. Parimatch has it as a 100% boost for your first deposit, which can go up to ₦111,000. There is really nothing ground-breaking about the amount, however the applicable conditions are more than fair. In fact, you will likely not find a more player-friendly welcome offer among Nigerian betting sites in general. The minimum deposit you have to make in order to activate the offer is just ₦100, which is the minimum amount you can deposit in general. The wagering requirement is just 4x and 1.50 is the minimum odds requirement to wager your bonus funds.
Furthermore, Parimatch has another offer, which a lot of you might be looking forward to and it is the “One Game Cut” promotion. This offer is loved by many players, however not all sportsbooks have it – luckily Parimatch does. For those of you who are not familiar with it, if you miss your accumulator bet by just one selection – you don’t lose anything, you get your money back.
You remember how we said that newly opened betting sites often have an innovative approach? Well, Parimatch is a great example of this. They have a Telegram bot, which allows you to place bets without even opening their website. It is really easy and quick, so if you are interested you can read more about this on the Parimatch official website.
N1Bet
N1Bet is an international betting brand, who decided to open up a Nigerian branch in late 2021. They were given a valid license issued by the National Lottery Regulatory Commission of Nigeria and shortly after that their website was already accepting new players. As a newcomer you will probably be pleasantly surprised by how easy it is to create an account – takes you under two minutes. We have a full N1Bet review available, where we cover everything in great detail. You are always welcome to give it a read.
First, let’s see what their welcome offer is and how they are planning to attract and retain new players. The conditions aren’t as “good” as you might find on other betting sites, which we featured here, however the amount and percentage are way higher. You will get a 300% welcome bonus up to ₦500,000 for your first deposit, yet the minimum required deposit to activate the bonus is ₦4,500. It is also worth mentioning that this isn’t really a usual bonus, you will get your bonus funds gradually, over time as free bets.
N1Bet also has a good variety of games and sports available. If we look at football only (as this is one of the main betting sports) – then at any given day, you will see more than 1000 games open for betting. The same applies to markets, you will definitely have something to choose from, as each game has between 100 and 150 markets on an average.
Lastly, we feel it might be worth telling you a little bit about deposits and withdrawals. The minimum amount you can deposit into your N1Bet account is ₦450, which is not that high, yet at the same time not as low as it gets. The minimum withdrawal you can make is also ₦450 and this is already quite impressive, as most local bookmakers don’t allow such small withdrawals.
Frapapa
Frapapa is an original Nigerian sports betting brand, which opened in mid-2021, so as you can see they’re quite fresh. Frapapa holds licenses from two local regulators, the National Lottery Regulatory Commission of Nigeria and the Lagos State Lottery Board – this gives us a higher degree of certainty that their services are safe and reliable. They also have fairly high odds compared to other Nigerian sportsbooks and it will take you just under 2 minutes to create an account – you will get a free bet once you register and verify your account.
As a new player you will be able to claim their welcome offer, which is a 300% bonus up to ₦300,000. Yes, the amount and percentage look good, however the wagering part might make it a bit tricky to get anywhere with your welcome bonus money. You will have to wager it 10 times with the odds of 1.40 or higher. Then again, the minimum deposit to get the bonus is just ₦300, so pretty much anyone can get it.
Farpapa also have a number of other offers available for existing active players. For example, every Monday you can get a cash bonus credited to your account. If you deposit at least ₦500 – a 20% bonus will be added to your real money balance, no wagering required. If you are an accumulator bet person, they you will also be happy to know that Frapapa have the “One Game Cut” offer. If you end up losing your multi-bet by just one selection – you will get your stake back as a free bet.
The last thing we would like to mention are the low deposit and withdrawal minimums. You will not be forced to deposit large sums of money if you don’t want to. The minimum amount is just ₦300 and that applies to both deposits and withdrawals.
Betting Sites You Might Want to Avoid
Now that we are done with the good part, let’s talk about something that you don’t often see being discussed. Not all new betting sites are good and are worth your attention. In fact, it is best to avoid some of them altogether if you want to keep your money and personal information safe. Fortunately, it isn’t something you see that often, yet it is still best if you do some research before trusting a betting site you haven’t used before.
Below you can find a number of Nigerian sportsbooks that we don’t recommend to anyone, due to issues with security, payments, high number of complaints etc.
Actionbet
We don’t recommend using Actionbet and here’s why: a lot of our readers have reached out to us reporting issues with payments. Specifically withdrawals – when you try to withdraw money from your player account, your requests often stay pending for days and even weeks. A proper explanation is never provided and the overall communication with support is poor and slow. If you are looking for a new betting site, there are way better alternatives.
Globalbet
Globalbet is also not something we can recommend and also due to payment issues. A large number of players are reporting deposit problems – deposits sometimes “go missing”. Even though the money leaves your bank (or other payment instrument) it never actually reaches your player account, so essentially gets lost. Issues with withdrawals are also present, quite often it can take up to a week or even more for you to get your money.
Play Responsibly
Now that we covered the part, which you originally came here for – we would like to take a minute of your time to talk about responsible betting. We would like to remind you that sports betting is first of all a hobby and it is best to always keep it that way. You shouldn’t rely on your hobby as a means to resolve financial difficulties, apart from perhaps a number of edge cases. This is why it is extremely important to stay in control of your betting hobby and develop good habits. However, it may happen that you find yourself losing control and if that happens – you should seek assistance as soon as possible. A good place to start, which we can personally recommend is https://www.gamblingtherapy.org/en. They have a live chat option, where you can discuss your issues 24/7, there are also support forums, where you can ask a question. Finally, there are support therapy groups, where you can discuss your issues with other people. All of this is available online, so you can use it even from Nigeria. Play safe and stay safe.
