Fastest Paying Bet Sites in Nigeria

  • 22Bet Nigeria 100% bonus up to ₦50,000
    • Big Welcome Bonus
    • 24/7 Customer Service
    • 30+ Sports & 1000's of Betting Markets
  • Betway Nigeria 100% up to ₦100,000 First Deposit Bonus
    • Build Custom Soccer Bets
    • High odds
    • Fantastic Betting App
  • Parimatch Nigeria Get 100% Bonus up to 111,000 NGN
    • 30+ Sports
    • New Sports Betting Site (2021)
    • Top-tier Sports Betting App
  • Bet9ja 100% Bonus up to ₦100,000 + 50% Casino Bonus
    • #1 Sports Betting Site in Nigeria
    • Massive Welcome Bonus
    • Live Streaming
  • Mozzartbet Tripple Bonus Up To 200%
    • Massive Welcome Bonuses
    • Super Grand Jackpot
    • Live Betting
  • Konfambet 300% Welcome Bonus up to N300,000
    • Massive NGN Welcome Bonus
    • 30+ Sports
    • 100's of Betting Markets
  • Frapapa 100% Welcome Bonus up to ₦20,000 Free Bet
    • 30+ Sports
    • Excellent Bonuses
    • Mobile-friendly
  • betBonanza 100% Bonus up to ₦100,000
    • Fantastic Welcome Bonus
    • High odds
    • 40+ Sports
  • BetKing 100,000 NGN Welcome Bonus!
    • High Odds
    • 24/7 Customer Support
    • Mobile-Friendly

Nigerian Betting Sites with the Fastest Payouts in 2023

Are you frustrated by having to endure long delays when withdrawing your winnings from your online betting adventure? It’s not a good feeling when you excitedly strike a win, yet you cannot access your funds due to lengthy processes and unnecessary requirements. 

You can now relax as we have prepared a list of the best Nigerian betting sites where you can access fast payouts. Our experts have been on the ground and sampled countless online betting sites before coming up with a list of the betting sites with the fastest payouts in Nigeria. 

Read on to find out where you can get the fastest payouts, how to withdraw, and the steps that you can take to have hassle-free payments at the best Nigerian betting sites.

Why Should Betting Sites Pay Out Winnings Quickly?

You may have noticed that deposits are almost always instantly credited in most online betting sites. However, for various reasons, making withdrawals is not always as quick as most bettors would hope for. 

It, therefore, brings in a lot of anxiety, especially if it’s your first time withdrawing funds from a new online betting site. Betting sites should therefore make payments quickly to build and enhance trust among their customers.

Fast payouts also enable you to utilize your winnings in funding your urgent personal financial needs. You can plan accordingly and use the funds to meet your financial needs without worrying about the uncertainty of accessing your winnings. 

Popular Payment Options in Nigeria Betting Sites 

Nigerian betting sites have adopted many local payment options that are convenient to bettors from Nigeria. The most popular local payment options include:

  • Opay

It is an e-wallet payment option for making deposits and withdrawals at most online betting sites. You can use the Opay app or the Opay e-wallet. The app is available for both Android and iOS mobile devices.

  • Quickteller

Quickteller is an ATM transfer payment option that enables you to deposit into your account using the Quickteller ATM Transfer, a Quickteller pay point agent, or through the Quickteller app on your mobile device. You can also make payments using the Quickteller web wallet.

  • Direct bank transfers

You can directly transfer funds to and from your Nigerian online betting site through the banking option.

  • Paystack

It is a convenient online payment option adopted by many online betting sites in Nigeria. 

  • Paga

It is an e-wallet payment option popular for making deposits and withdrawals in many Nigerian betting sites.

  • Flutterwave

You can make payments through the Flutterwave e-wallet payment option on most sites.

  • GTBank mobile app

You can make payments on the go using the GTBank USSD payment option on your mobile device.

  • Verve Mastercard, Visa, and Mastercard card payments.

You can also make payments using the above cards. 

Most of the payment options are available for making deposits and withdrawals. However, most Nigerian bookmakers prefer making withdrawals using the bank transfer option.

Top 5 Betting sites with the Fastest Payout in Nigeria

Learn more about making withdrawals using specific payment options in the top 5 betting sites with the fastest payout in Nigeria.

  1. Betway Nigeria - High odds & fast payouts
  2. Bet9ja - #1 betting site in Nigeria
  3. Konfambet - 100´s of betting markets

#1 Fastest Paying Site

Founded in 2006, Betway has proved to be a formidable force in the online sports betting industry. Its generous welcome bonus of 100% match up to ₦100,000 Free Bet is just but one of the reasons why Nigerian punters cannot resist betting at the site.

The betting site is not only among the best betting sites in Nigeria with the best odds in many major sports;  it is also among the sites with the fastest payouts.

Bettors who have joined Betway Nigeria can attest to the convenience of making payments at the site. Bettors have diverse and convenient options to make payments using the Nigerian Naira at the site. 

Some of the popular payment options available for Betway Nigerian bettors include Popay, Quickteller, Direct bank transfers, Paystack, Paga, Flutterwave, GTBank mobile app, and card payments through Verve, Visa, and Mastercard.

And the best part? You can conveniently make payments on the go using the many mobile banking apps supported by Betway Nigeria.

How to Withdraw from Betway Nigeria

You must first log into Betway to initiate a withdrawal request. Then head to the ‘My Account’ section and choose ‘Withdraw funds.’ You will be presented with several payment options; choose the most convenient one for you. it could be:

Withdrawals using EFT

From the account section,  click on ‘Withdraw Funds’ and choose ‘EFT.’ Then enter the amount you wish to withdraw and fill in your bank details. Select ‘Withdraw Now,’ and the funds will be credited to your preferred bank account.

Withdrawing using Opay

You start by logging in and accessing the ‘My Account’ section. Then click on ‘Withdraw Funds’ and choose Opay as the withdrawal option. Enter the amount  you wish to withdraw and click on ‘Withdraw Now.’

 The funds will be credited to your Opay wallet. You can then initiate a withdrawal from your Opay wallet, after which you will get a PIN via SMS.

To access your funds, visit an Opay agent with the PIN SMS, and the cash funds will be given to you.

Making withdrawals using Paga

You start by logging into Betway Nigeria, heading to the ‘My Account’ section, and choosing ‘Withdraw Funds.’ You should choose ‘Paga,’ enter the amount you wish to cash out, and click on ‘Withdraw Now.’

The funds will be credited to your Paga Wallet. You can then initiate a withdrawal from Your Paga wallet. 

You will receive a Pin via an SMS. You should then receive the funds by providing the PIN SMS to a Paga agent.

Why does Betway Nigeria Qualify among the top Betting sites with the Fastest Payout?

Most of the numerous supported payment options in Betway are available for making deposits and withdrawals. Consequently, you do not have to set up multiple accounts or utilize many payment options when making deposits and withdrawals at Betway Nigeria. 

The supported withdrawal options include EFT, Via Opay, and Via Paga. The fastest payouts are processed through the Opay e-wallet as the funds are availed instantly after processing.

The payment limits are also suitable for all betting fans as you can withdraw a minimum of 100NGN for bank transfers and as little as 50NGN through other options such as Paga and Opay. The maximum amount that you can withdraw is 10,000,000NGN. 

#2 Fastest Paying Site

Bet9ja is among the best betting sites that have specifically focussed on meeting the needs of Nigerian online bettors. The betting site is especially popular with Nigerian bettors because it provides fast payouts through secure and convenient payment options. 

This includes locally supported payment through online banking using options such as Interswitch, Quickteller, GT Bank, GT Bank USSD, Polaris Bank, Opay, NIBSS, Zenith internet banking, Zenith USSD, Providus Bank, UBA USSD Instant banking, Unity Bank USSD, First Monie, Heritage USSD, Fidelity USSD, Access Bank mobile app and Palmpay. 

Other banking options include ATM deposits and bank branch deposits. Withdrawals are through your bank account.

How to Withdraw your Winnings at Bet9ja

You can only withdraw your winnings from Bet9ja using a bank transfer to your registered bank account only. However, unlike most betting sites, withdrawals to your bank account are processed within 24 hours, which is a relatively short time.  

How to Withdraw via Bank transfer

You must first log into the Bet9ja site and head to the ‘My Account’ section to use this method. You should then click on ‘Withdraw’ and click on the ‘Bank transfer’ icon. Follow the on-screen prompts to fill in the required banking details and click on ‘Next.’ 

After confirming that the banking details are correct, submit the withdrawal request by clicking on ‘Make withdrawal.’  You will be provided with two options, that is, either an SMS or Email, to receive a one-time pin (OTP) to authenticate your withdrawal request. After the confirmation, you can expect the withdrawal to be processed within 24 hours. 

You can trace the status of your withdrawal from your account statement. To avoid any unnecessary delays, you should ensure that your Bet9ja account personal details match the names of the bank account where you intend to transfer the funds.

Does Bet9ja Nigeria Qualify among Top Betting sites with the Fastest Payout?

Bet9ja provides its bettors with many payment options to make deposits and secure withdrawals. Betting fans are not limited to choosing the best payment methods to utilize when making deposits at the site. The withdrawals are also processed within 24 hours, which is a reasonably short time compared to many betting sites.

The betting site also provides their betting fans with reasonable payment limits to suit bettors with varying budgets. For instance, you can deposit a minimum of 1000NGN to a maximum of 9,999,999NGN. You can also withdraw as little as N1000. Moreover, the withdrawals at Bet9ja are free.

Bet9ja has also invested in a professional support team that can help you out whenever you get stuck on any issues regarding their services, such as payments. They also have a handy FAQ section with many answers to frequently asked questions on operating a Bet9ja account and how to make payments at the site.

#3 Fastest Paying Site

Despite being among the latest entrants in the Nigerian sports betting industry, Konfambet has made great strides in matching the giants in the betting industry. Their success comes from providing the best odds in significant sports, generous bonuses, and efficient services. This starts with its top-notch customer services and secure banking services.

Indeed, Konfambet is among the best betting sites with the fastest payouts in Nigeria. The site supports popular local payment options, reasonable limits, and fast payouts. 

Betting fans at Konfambet can deposit and make withdrawals at the site using convenient payment options such as through Paystack and Interswitch, Verve, Visa, and Mastercard. You can deposit and withdraw a minimum of 100NGN to a maximum of 300 000NGN.

How to Withdraw your winnings Using Bank Transfer

Like many other betting fastest paying betting sites in Nigeria, withdrawals are processed using the same payment method used to fund the account. When making a first withdrawal request, you must provide a copy of your identity card to confirm your identification details. You may also be asked to additionally provide a copy of proof of address and copies of credit cards and other documents.

To withdraw funds, you should first log in and head to your profile. You should then click on the ‘Withdrawals’ tab. You should then fill in the amount you would wish to withdraw, click on the appropriate bank and fill in details of the bank account you wish to transfer the funds to.

To finalize,  click on ‘Withdraw’ to complete the process. You can check the status of your withdrawal request from the ‘Account Statement’ when you log into your account.

What Makes Konfambet Payment Options Convenient?

Making payments at Konfambet is straightforward. The site provides a very simple process to do so. Konfambet is also focused on the Nigerian betting market, which is evident in the local payment methods the site supports. 

For instance, you can only use Nigerian credit and debit cards at the site. All major banks are also supported, making it convenient for bettors as you do not have to set up extra payment methods.

It also ranks tops on the fastest payouts betting sites in Nigeria as the withdrawals are completed within 24 to 48 hours. You also do not lose any funds through transaction charges, as withdrawals at Konfambet are free.

#4 BetKing

Betking Nigeria offers a wide range of betting options, competitive odds, and exciting promotions and bonuses. From sports betting to casino games and virtual sports, you'll never get enough from this bookie. The convenience and flexibility allow customers to choose the best method for their needs. 

Funding your account and making withdrawals is one thing that Betking will boast of- With a variety of payment options, you can easily fund your account and get in on the action. All transactions are processed quickly and securely, ensuring a smooth and worry-free betting experience

Payment methods offered by Betking

Betking Nigeria offers a variety of payment methods for customers to fund their accounts and make withdrawals, including:

  • Card - Interswitch WebPay
  • Card - Paystack
  • GTBank App
  • GTBank Web Transfer
  • GTB USSD (*737#)
  • Mobile Money App - OPAY
  • Zenith Bank bank transfer (XPATH)
  • Zenith Branch Deposit
  • Zenith USSD (*966#)

How to Withdraw your Winnings

To withdraw your winnings from Betking Nigeria, follow these steps:

  1. Tap the 'My Account' icon in the top right corner
  2. Go to 'Account Settings' and select 'Withdraw'
  3. Tap the 'Withdraw Now' button
  4. If you are withdrawing for the first time, save your bank account details. If already saved, select them in Withdrawal Profile
  5. Enter the amount you wish to withdraw (minimum of ₦1,000)
  6. Tap 'Proceed' to initiate the withdrawal process.

Betking always processes their transactions instantly, which makes them a bookie worth qualifying among the Top Betting sites with the fastest pay-outs in Nigeria. Their Customer support is also top-notch, in case you are having problems with the transactions, and we cant therefore conclude say that they are fast pay out bookmakers.

#5 Parimatch

Whether you're a seasoned bettor or a beginner, Parimatch Nigeria offers a user-friendly platform that is easy to navigate and packed with features you will love. With over 25 years of experience in the industry, Parimatch has established itself as a trustworthy and reliable provider of online betting services.

With a wide range of sports betting markets, competitive odds, and exciting promotions and bonuses, you'll never be short of options to place your bets. So, what are you waiting for? Sign up with Parimatch Nigeria today and start your betting journey!

Payment methods offered by Parimatch

This bookie offers a variety of fast payout options that include:

  • USSD
  • Bank Cards like Visa, MasterCard
  • Neteller
  • Bank Transfer
  • Internet Banking
  • QR Code

How to Withdraw your Winnings

Ready to cash in on your winnings from Parimatch? Withdrawing your funds is simple and straightforward! Choose from three convenient options: bank transfer, bank cards, and Neteller. But before you can access your funds, you'll need to take a quick pitstop and complete the Personal Data form and account verification process.

Don't worry, this process is quick and easy. Simply upload a clear image of your identity documents, such as a passport, national ID card, utility bill, or voters’ card, and you're all set. In no time, you'll be on your way to enjoying your winnings! So, don't wait any longer - withdraw your funds with ease and convenience through Parimatch today.

Once you have verified your account, follow these simple steps:

  1. Log in to your Parimatch account
  2. Go to the cashier or withdrawal section
  3. Select the preferred withdrawal method (bank transfer, bank cards, or Neteller)
  4. Enter the amount you want to withdraw
  5. Confirm the withdrawal request
  6. Wait for the withdrawal to be processed by Parimatch
  7. Receive the funds in your selected account (bank account, card, or e-wallet)

Tips to Getting the Fastest Payouts in Nigerian Betting Sites

You can hasten your withdrawals by following a few tips that can help you to avoid unnecessary delays during the cashing out process. 

  • Complete the Verification process

Every betting site must confirm a withdrawal before the funds can be availed to the bettor. Depending on the betting site’s withdrawal policy, you may be required to undergo some verification procedures during the withdrawal process. 

The verification procedure entails providing your identification documents such as an identification card, passport, or Driver’s license to verify your name and age. You may also be asked to provide a copy of a recent utility bill, such as an electricity bill or telephone bill to confirm your residential address. Doing so within reasonable time frames lessens the waiting times and ensures that your withdrawals are completed without any time wastage.

  • Make withdrawals using the same deposit method

Withdrawals are usually processed back to the same payment method the account was funded with. Consequently, you should initiate the withdrawal using the same payment method you used to deposit into your account to avoid unnecessary delays. If the deposit payment option is not available as a cashout option, the betting site offers you an alternative payment option.

  • First, check the withdrawal timeframe of each payment method 

You should first check and confirm the withdrawal timeframes at the betting site. Only after that are you in an excellent position to make an informed decision on the fastest payment option. You can also gauge how long it will take to receive your funds using your preferred payment option.

  • Pick the payment option that suits your lifestyle

To access your withdrawals quickly, you should choose a convenient payment option that augurs well with your lifestyle. For instance, if you reside in the village and rarely go to the bank, it would be preferable to opt for a mobile banking option that you can access on the go from wherever you are.

FAQs

What is the fastest paying betting site in Nigeria?
How do I withdraw money from a betting site in Nigeria?
Do I need to verify my account before I can withdraw money?
How much can I withdraw from a betting site?
How long does it take for a betting site to payout?
Can I make withdrawals on my phone?
Does Parimatch Nigeria Qualify among Top Betting sites with the Fastest Payout?

James is responsible for the Nigerian market on BettingGuide. He has a keen interest in sports betting and Gambling laws in particular. James is a Lawyer practising in East Africa, loves writing, and has a Law Degree from Makerere University, Uganda and a Post Graduate Diploma from the Kenya School of Law, Kenya.

Last updated: 2/3/2023