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Sports betting is an extremely profitable business in Nigeria.

Roughly 60 million Nigerians between the ages of 18 and 40 are involved in active sports betting. On average, these punters spend around 3, Naira every day on bets. Sports betting provides Nigeria football fans with the opportunity to earn money from what they love.

In, sport betting shops can now be spotted in almost every street in Lagos and new ones are propping up daily. A leading report on Gambling in Africa published in by KPMG reeled out some startling numbers on the sports betting industry in Nigeria. They are into this sports betting business in Nigeria o, no time to waste time.

They rank th website in the country. They have also got superb bonus options, secure platform and a site that is easy to use. More recently, there has been a boom in the sports betting business in Nigeria, with different betting platforms in Nigeria. Despite the high number of betting sites in Nigeria, there is still an increase in the number of new betting sites in Nigeria.

Many ask, which is the richest betting sites in Nigeria, which are the top betting sites, which are the best bookmakers. Sport betting, Bet9ja, MerryBet,Daily Betting Tips,Bet, SureBet,top online betting sites in nigeria, football betting sites in nigeria. A Review On The Best Sports Betting Sites In Nigeria TOP BEST. Sports betting business is huge in Nigeria and this article will show you how to start your own sports betting business in Nigeria.

With the few number of bookmakers sports betting companies available it is not too late to start your own sports betting company. How Profitable is Betting Shop Business In Nigeria.

Sports bet is not just about placing bets on football matches rather it could be any sports as a lot of sports betting software making vendors have seen the need to involve other sports which people watch just to attract more customers sports betting players. The major sports betting sites in Nigeria got their script from the vendor concordium.us Their script functionality is quite good and has a lot of sports including virtual sports and binary trading which would make you earn money even when a particular sport is on break like the football season.

There are also other sports betting script vendors out there like concordium.us, concordium.us and many more. But before you dive into this you have to consider other factors like tax, betting licence and lottery board fees in Nigeria as this varies by the state you intend to start operation.

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How To Start A Sport Betting Business In Nigeria. Many youths especially the male folks amongst them are sport fanatics. To put it in a more specific and friendly way, they are football fans and this opens a whole lot of opportunities to make money.

This fact is not even arguable as the number of betting shops showing up here and there is increasing likewise the number of people patronizing them. This is as a result of story circulating around on how a person or two made fortune with jus. Betting on sports has long been a favourite pastime for many in Nigeria, however online bookmakers are now also growing in popularity, with a whole host of platforms now battling it out for the attention of new customers. Punters in Nigeria are able to utilise the services and features of both domestic and international bookmakers, making selecting a betting platform that is best for you a difficult process.

Minimum bets will depend on the bookmaker chosen by the customer, with many Nigerian platforms starting at around N Why Should You Trust Our Bookmaker Rankings? Having read all of this information regarding sports betting in Nigeria, you may be wondering as to just why you should trust our opinions.

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The best sports betting sites for bettors in Nigeria. Get all the info you need from currencies, laws, banking methods, mobile betting, VIPs site reviews, including why some Naira betting sites are a bad idea.

This is an exciting time for sports fans in Nigeria. Every year Nigerian sportsmen step onto the World stage, especially in football where members of the Super Eagles can influence the top levels of the sport throughout Europe.

Not only with regard to sport, but Nigeria and the wider continent of Africa are experiencing unprecedented economic growth. Sports betting business in nigeria, isaiah akinremi speaks with akin alabi in this report.

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The billion dollar sports betting industry is obviously growing astronomically as the football culture especially continuously to bloom. It is starting to become a phenomenon across Nigeria, apparently because there is good money to be made and everyone wants to be a part of it.

The first betting events ever to be recorded in history were held in the time of the Greek city states, over 2, years ago. In a country where the majority live below the poverty line, supporters of sports betting in Nigeria claim it’s a business that offers employment to thousands of young people, provides quick money for ordinary people, generates tax revenue for government and contributes to economic growth.

Why does this industry thrive in Nigeria?. And yet, the sports betting market in Nigeria is not yet at its fullest. First, laws are still a bit unclear when it comes to online gambling.

The country is still not fully prepared to deal with everything interned-related, and regulations are not quite there. While sports betting is legal in the eyes of the gambling law, there is no definitive final position on it.

For Nigerian betting companies, footballsoccer is the main attraction, main passion and their main business. In addition to this, most of the sports sites come with choices of live betting, frequent match updates, cash out options and sometimes even live streaming. So don’t worry about your footballsoccer bets. The opportunities for a better life are right there at a click’s distance. Sports betting business in Nigeria is one of the biggest booming business platforms in the country.

There are quite a couple of sports betting companies that have come and gone with only but a few such as concordium.us and concordium.us amongst others still on with a solid foundation. The world of sports betting business happens to be a multi-billion investment with it existing in practically every country you can think off.

The young and the old alike have a lot to play in this as many are registered members of multiple sports betting companies and det. Or you need a sample sports betting business plan template? If YES, then i advice you read on. If you live in Nigeria and you love sports, especially football then you would realize that in recent times, sports betting companies have sprung up in various locations.

Unlike the days of old where sport betting companies was only popular in countries like the UK. If you are looking to start your own sport betting company in Nigeria, it is important that you act on your idea now because very soon, the requirements for starting a sport betting company in Nigeria will be reviewed and it might likely become more difficult for investors to come into the industry.

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The sports betting market in Nigeria can be said to be a fast rising one at the moment.

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In no time Nigeria would be listed alongside UK Russia. The UK is known to be the most mature betting market in the world, their betting brands have been in business for several decades and have developed a strong reputation for reliability, quality products and excellent customer service.

In Nigeria, the competition is getting bigger day by day and punters are dominating the Gambling industry. These companies are being regulated by the Nigeria Gambling Commission, many Nigeria betting sites also have. List of Sport Betting companies and services in Nigeria. Search for Sport Betting with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory. Looking companies by tag Sport Betting in Nigeria? Find in our directory the list of companies by tag Sport Betting in Nigeria. Do you play football betting and you are tired of losing your money?

If yes, we got you See more of Sport Betting In Nigeria on Facebook. See more of Sport Betting In Nigeria on Facebook. Betting shop in Lagos, Nigeria. Contact Sport Betting In Nigeria on Messenger.

Facebook is showing information to help you better understand the purpose of a Page. Wagering on sports in Nigeria is incredibly popular despite the lack of a licensed sports betting industry. This sees players punting at offshore sites which are based around the world. While this provides a convenient way to place football, basketball and other sporting bets you need to ensure player security comes first.

Betting businesses and racing totes as provided at the sites detailed above are legal as per the Act. Land-based casinos are also legal, where slot machines are offered, but for everyone else the Gaming Machines Prohibition Act of makes it illegal to import or own a gaming machine. You will find sports betting facilities at the three land-based casinos in the country only, or head to offshore online bookmakers as detailed above.

History of gambling in Nigeria.

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With the Super Eagles having a good run in the edition of the Africa Nations Cup, football fever is running high in Nigeria. The sport is huge in this West African nation which boasts of a massive population of close to million. Nigeria is a prime market for sportsbooks, given the popularity of sports there. The economy is also growing at a brisk pace, with rising incomes making sports betting an accessible form of entertainment for many Nigerians.

Like many of its peers in Africa and Asia, however, Nigeria does not have a proper legal framework to deal with gambling in the internet e. SportyBet offers the best odds, a lite APP with the fastest live betting experience, instant deposits and withdrawals, and great bonuses. While each sports betting site no doubt has its advantages, there are some which naturally stand out, and should be prioritised when registering your new accounts.

On this page dedicated to the best online bookmakers, we offer you a comparative list drawn up by our experts, who will help you in your search for the top betting sites in Nigeria. But first of all, what is a bookmaker? In regulating the market in Nigeria, an institution was called the National Lottery Regulatory Commission was founded in Established under the National Lottery Act, this body is responsible for setting standards for the gaming industry in Nigeria.

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The Nigerian Sport betting company sites are the same standard as any international bookmaker Company site's. You can place bets on all international gaming events with them. With some of these sites you can even place bet during live games. I think it should be among the top 10 sports betting site in Nigeria because they have the highest odds, largest bonus and fastest payout.

You guys can check their site out at concordium.us, Bros is a big scam ooo, stakers beware. There are quite a number of registered sports betting sites in Nigeria, and it is very important for you to choose the right bookie for you. Let no one lie to you that all sports betting sites are alike.

In fact, there are very benefits of using more than one bookie. Also, once you become a professional sports bettor this knowledge can assist you in practising advanced betting techniques such as arbitrage betting and bonus hunting.

Most importantly, some betting sites have fantastic deposit bonuses on offer as well as free bets which you can use to make free money from sports betting. This list is kept up to date to ensure you don’t miss out on any newly registered betting site. I included this site first because it has some of the best offers in the country. We have listed the top 80 sports such as football betting websites in Nigeria.

We also have the top 5 most used mentioned. A betting website is a website were sport’s enthusiast can make bets on different sports like football, horse racing, basketball, the list goes on and as a matter of fact, most young adults, especially in Nigeria seem to believe they would hit it big from these schemes, hence we decided to make a post on the best sports betting sites in Nigeria.

To place bets, sports enthusiast are made to pay a certain amount though you aren’t mandated to pay a particular amount. Nigeria Betting Sites Extremely Popular, Not That Regulated. Betting has been very popular in Nigeria ever since the early s. The Nigerian betting industry is a huge, although not that well-regulated market, that allows Nigerian bettors to wager at both local Nigerian websites and big international betting sites. Continue reading this page to find out about the best Nigeria betting sites, bonuses and betting markets for Nigerian bettors, as well as every other piece of necessary information you need to know before you start betting online.

Nigerian sports bettors have the advantage of deciding between both domestic and international sites. This allows them to pick and choose accordingly depending on their personal preferences.

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To some analyst sport betting is risky as is rewarding. According to investigations by News agency of Nigeria NAN reveals that About 60 million Nigerians between 18 and 40 years of age may be spending up to N billion on sports betting daily, this investigation showed that they commit on the average N3, on sports betting daily. In most streets in Lagos, the exercise seems to be taking a new dimension, as school children and market women have joined the league.

Staking your money in sport betting is like investing in a business, you either win or lose obiora Desmond one of the stakers in Ogba Lagos told hallmark correspondence.

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I call it an investment because if you take your chance and predict well you will win, but if luck is not on your side you might lose your money. Answering all your questions about betting sites and online sports betting.

Find the best betting sites for Nigerian players right here at BetBlazers. What is the best betting site in Nigeria? All betting sites have their pros and cons but if you forced us to choose the absolute best betting site for Nigerian players we’d have to say it’s betway. Online betting has exploded in Nigeria in recent years and it’s no wonder why. Online betting sites offer a much wider range of odds and features than your traditional brick and mortar betting agent or bookmaker on the street.

Having said that, it can be difficult to know what new betting companies you can trust, and unfortunately more often than not they are not reputable operators. - recently made their fantastic sportsbook available in Nigeria. Sports betting operators are both local smaller businesses, as well as international houses with a local partner this is typical of online betting platforms offering services in Nigeria.

The technical expertise required for payments, etc., is generally provided by overseas companies. While there is a push to develop local technical solutions the easiest option of grabbing ready made overseas products tweaked to the Nigerian market is generally the go-to choice for businesses. With the growth of traditional sports betting clearly evident, another interesting betting avenue that is fast spread.

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concordium.us Sports Betting in Nigeria.

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Best Betting Sites Deposit Bonus Virtual Sports. Their markets has a big variety of options, introduces a range of special features, to Nigerian sports betting players, such as specials on players or booking. The best odds are at the main markets in top leagues, where house edge is low and it’s virtual offerings are also very good.

Football is predominant in Nairabet, with a variety of betting options and Asian bets. However, lately the company has made a considerable effort to enrich its product offering with other sports as well. Nairabet’s platform look n’ feel is quit. This betting website for sports and gambling was launched several years ago under the management of Kreativ Integrated Concepts and Management Limited in partnership with LiveBet International Limited, the well-known betting companies in Nigeria.

It is one of the best websites in Nigeria to put your sports bets on. It has a perfect reputation for prompt payouts and easy methods to place stakes. Sports betting are allowed for athletics, basketball, boxing, cricket, football, golf, ice hockey, motor racing, rugby, snooker, and tennis. Bets are also possible for non-sports purposes, such as the w.

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From statistics, sports betting business may have kicked off say five 5 years back or thereabout and now you could as much as see up to 5 sports betting outlets on every street in Nigeria. Quite a number of stories have evolved with individuals winning millions from just as low as N one hundred naira stake. This alone has fueled the youths both old and young and even some ladies happen to be a part of the world of sports betting as everyone hopes to be a millionaire with as low as N one hundred naira.

As a prospective sports betting business man planning to kick start a sports bett.

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The Nigeria Sports Betting Summit offers a wide range of sponsorship and exhibition opportunities that will provide your company with the highest visibility and awareness to meet our business and marketing objectives.

If you would like to discuss sponsorship packages in more detail, or have a bespoke request, please contact us at infoconcordium.us or call ANB on Kindly fill the form below to join the sports betting summit as a speaker or a partner. Association of Nigerian Bookmakers.

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While it remains common practice to partake in betting, pools and lotteries, in land-based shops in Nigeria, online is where it’s all at now, especially for betting, and sports betting in particular. Football is life in Nigeria So says FIFA president Gianni Infantino, who described Nigeria as a nation with unquantifiable passion and love for the game, and a place where football is more than a religion.

More often than not, crime is prevalent in any line of business that attracts large sums of money, and with online betting in Nigeria as big as it is, scammers unfortunately will attempt to hack sensitive information and personal details. So, follow our advice in choosing an online sportsbook that has a long-standing reputation in the betting industry.

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Sports betting is increasingly popular in Nigeria and a growing number of Nigeria betting sites are offering betting services to a population of close to million people. Bookmakers in Nigeria are offering wagers in the largest African economy and enjoy a relatively liberal gambling legislation. All in all, Nigerian sportsbooks are accepting bets worth over 4 million a day with betting sites in Nigeria offering various bonuses and free bets to attract punters. Nigerian betting websites and their foreign counterparts are not subject to specific regulation currently while a new regulatory framework is being drafted.

Nonetheless, many local and foreign bookmakers do accept online bets and there are Nigerian betting apps available through selected bookmakers.

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The Nigerian sports betting market is one of the fastest-growing markets in Africa. It is expected to increase by 20 percent or more over the next five years. Sports betting is legal in all 36 states, and approximately 30 percent of Nigerian citizens place bets on sports daily.

Sports betting is big business in Nigeria with companies from around the world taking bets there. On this page you’ll learn more about the legal climate of sports betting in Nigeria, what types of sports players regularly bet on and how you can start placing bets online. Terms and Conditions apply to all bonus offers o.

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Betting Sites in Nigeria The Finest Nigerian Bookies. Sports betting has never been more accessible, with many of the best sports betting sites easily available on a range of devices. However, picking the right bookmaker to bet with can be a challenge and it is easy to pick wrong, which is why we are here. In our bookmaker comparison, you will find the best betting sites in Nigeria and a detailed reasoning behind why each of them is on the list. Pick a bookie from our comparison and never bet with a sub-par bookmaker again.

Live Betting In-play betting has become very popular. We made sure to add the best live betting sites in Nigeria to our list to make sure you have great place to bet live. Betting Limits No one should get to tell you how much you can bet.

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Sports Betting in Nigeria Sports in general has become a force to reckon with, one that has the capability to unite people despite any other forces that might be pulling them apart.

Nelson Mandela used it to unite a nation through the game of Ruby and till today many more nations are being more cohesive by virtue of various sporting events. Sports have evolved to the point where fans don’t just support clubs for nothing but also are able to make money from it and one of such ways to do that is through various sports betting sites.

On a closing note, sport betting is one business that people can know when they win or loss. Everyone watches the matchesgames and each one knows where heshe placed their monies on.

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Sport betting is very popular in Nigeria and recently a lot of people bet online. Here we give you the top 5 sports betting sites for Nigerian punters. The use of internet and the percentage of people who have internet in Nigeria also grew rapidly and in more than half of the total population of the country, had internet access.

So a lot of people now prefer online betting to conventional and the number of online website that offer betting keep increasing. It is important to note that sport betting is a form of gambling and not a form of investment, it is also a legal enterprise in Nigeria and regulated by the National Lottery Regulation Commission.

While football is of course the most popular sport in Nigeria, by far, online bookmakers.

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The company offers sports betting, as well as virtual games, including Colour-Colour and Kings’ League. They also offer coverage of sporting leagues and events from all over the world. You can expect frequent promos and bonuses, fast payouts, competitive odds and so much more. Next, we have Winners Golden Bet.

Its exact place in the ranking of Nigeria’s top websites is unknown at the moment, but it was among top most visited sites in the beginning of the year. The website is concordium.us, if you have not guessed it already. Since, Winners Golden Bet has been offering betters the opportunity to place their bets on anything from sports to virtual games, such as Lucky Balls, Dog Racing or Horse Racing.

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Brief analytical information about sports betting in this country. We've found only the best betting companies that offer their online services in Nigeria. Nigeria, as one of the largest oil producers in Africa, has become the largest African economy over the past decade. It is Africa's largest country in terms of population, despite the fact that the size of its territory doesn't rank among even the top ten countries on the continent.

You can find the current list of the top betting sites in Nigeria below. February Most Visited Betting Sites in Nigeria.

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Sports betting can be made into a business, just as it can be done for trading stocks and shares and forex. However, there are great benefits that come with sports betting that you don’t get with other investment vehicles. For example, in the UK, profits made from buying and selling shares in the business are subject to capital gains tax, with movements need to be recorded on a business’ statement of financial position. If the business was providing a service of some kind, such as sports betting tips[1], then the money made would then be classed as business revenue and thus subject to UK corporation tax at the appropriate rate.

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Sports betting is considered nowadays as an integral part of the Nigerian culture. There are also many betting shops located in all 36 states. However, in recent years, due to the development of the technological infrastructure and the wider availability of the Internet, there is a constant emergence of new online betting sites. Betting along with other types of gambling in Nigeria that are deemed as skill-based namely specific land-based casino games and lottery, is considered totally legal since the introduction of the Criminal Code Act back in During the mids new gambling laws were established by the government, in an attempt to regulate gambling in Nigeria.

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Viewpointnigeria is a Nigerian-based online sports betting website. We offer a safe and secured platform for sports online betting that’s optimized for the Nigerian market. We provide customer support and expertise coming from the U.K. How does Viewpoint Nigeria review different betting sites?

Reviews are a very important to us, which is why we always try all the features of betting sites in Nigeria. We guide You through how to register an account and use all the features like mobile apps. A good website is important to any business or organization. The best Nigerian web design companies will be willing to do all the necessary tasks to set up a successful website. They’ll even do the customized software development to ensure the project is a success.

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Best online sports betting sites in Nigeria. + sites offering no deposit bonuses free bets cashback. Sign up and get FREE money to bet for! Today hundreds of betting pages offer odds on sports to Nigerian players and concordium.us has the best online betting guide to help you find the best online sports betting sites.

Many of the sites are international sites like Bet and Betway, but there are also betting sites only targeting the Nigerian and African market like Bet9ja, Nairabet, NaijaBet, and Supabet. For we have great expectations that will be a year where betting sites in Nigeria really becomes international offering their services even to other countries.

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Best sports betting sites in Nigeria, see list of top bet site in Nigeria. We have compiled list of best betting sites for you. Nairabet is Nigerian's first online sports betting portal or website as yo may call it. Nairabet has her headquaters in Lagos state and also have her branches spread nationwide.

Nairabet is strongly regulated by National Lottery Regulatory Commission. Nairabet also have the cash out option available for its users, this cash out option reduces the risk of loosing bets or stakes as well as increases your winning chances. To learn more about Nairabet CASH OUT and never loose a bet, Please click here.

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Sports betting in Nigeria is legal, with many Nigerian based bookmakers allowing anyone over the age of 18 to bet in their shops and online. The lack of any regulation of online gambling means that Nigerian residents can also register with offshore bookmakers to place their bets. How Long Do Bank Deposits Take? This will vary depending on the bookmaker and whether you are using an e-wallet service.

Most transactions will take working days to clear to your account though. What Personal Information Will I Need to Register? Again, this will vary depending on the bookmaker, but you will usuall.

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Nigerians bet approximately billion a year, which is much more than the casino industry that only brings approximately 40 million. The demand for a more regularised betting market is significantly high, with 30 of young adults showing a vast interest in betting as a way of making money.

With such an explosion of interest and invested money, it would only be silly for Nigeria not to take it on board and introduce clearer, and more definitive, laws. For the time being, the only way of betting on sports in Nigeria is through foreign bookmakers and Bet9ja, which is the most reputable local bookie.

Unfortunately, Nigeria’s residents have to wait only time will tell if the government is going to take the relevant steps to regularise the gambling market properly.

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The sports betting industry is regulated by the Nigerian Lottery Regulatory Commission and legalized in the National Lottery Act, siteadmin. Money How do I start a Sports Betting Business in Nigeria? With the growing interest of Nigerians in European football, sports betting is a profitable venture for fans who wish to make money while supporting their clubs.

So, the first thing to do is to register your company with the Corporate Affairs Commission C.A.C. After that, you can register a siteadmin.

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LAGOS Reuters - Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such as Kenya, where Safaricom’s M-Pesa money transfers have fostered a culture of cashless payments.

Fear of electronic fraud and slow internet speeds have held Nigerian online consumers back but betting firms says the new, fast digital payment systems underpinning their websites are changing attitudes towards.

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Nigerian law prohibits games of chance. Sports betting, however, is viewed as a game of skill, due to the knowledge and experience required to be an effective and successful sports bettor. Nigeria is the second-biggest gambling market in Africa by revenue. Its GGR was placed at around 40 million in, with PwC estimating a GGR of 58 million for the year Football is incredibly popular in Nigeria, particularly European football leagues like La Liga and the Premier League, and the vast majority of sports betting takes place on football matches.

Roughly 60 million Nigerians between the ages of 18 and 40 actively participate in sports betting. Estimations are that Nigerians bet roughly million every day, totaling about 2 billion a year.

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