Fastest Paying Bet Sites in Nigeria

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Nigerian Betting Sites with the Fastest Payouts in 2021

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
  2. Bet9ja
  3. Melbet
  4. Konfambet
  5. Sportybet

Betway Nigeria - #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. 

Bet9ja - #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.

Melbet Nigeria - #3 Fastest Paying Site

Melbet is a favourite betting site for many Nigerians looking for the best odds in major sports, esports, and casino games. The site is also popular for its fast payouts, with bettors getting access to their winnings as quickly as within 15 minutes of making a withdrawal request. The betting site is ideal for Nigerian bettors looking to enjoy a fast cashout process and many generous bonuses. 

Melbet Nigeria bettors can enjoy efficient and secure payments as the site supports multiple banking options. This includes Opay (Mastercard and Visa), Mastercard and Visa, Verve, GTB USSD, Opay (Wallet), Opay (Bank Transfer), and more than a dozen more options. The supported deposit payment methods at Melbet Nigeria can easily be classified as presented in the list below:

  • Visa Paystack
  • Opay Wallet
  • Quickteller
  • Flutterwave
  • Firstbank
  • Flutterwave
  • Verve, Visa &Mastercard

How to Withdraw your Winnings at Melbet Nigeria

You must have confirmed and verified your account through email or SMS to be able to make any deposits or withdrawals at Melbet. Withdrawal requests are processed 24/7. 

You have about 28 withdrawal payment options when you want to cash out your winnings from Melbet. The withdrawal options include the payment methods provided in the list below:

  • Opay Wallet
  • Skye bank
  • Enterprise bank
  • Stanbic bank
  • Providus bank
  • Mainstreet bank
  • Keystone bank
  • Access bank,
  • First bank Citibank
  • Heritage Bank
  • Standard Chartered bank
  • Sterling bank
  • Union bank
  • Unity Bank
  • Wema Bank
  • Zenith Bank
  • FCMB, GTB, UBA and more

How to Withdraw Funds using e-wallets (Opay wallet)

You must first log in and access ‘My account.’ You should then choose ‘Withdraw’ and select ‘ewallets,’ and then ‘Opay wallet’ among the withdrawal methods provided. By clicking on ‘Withdraw,’ you will be provided with the withdrawal form to fill in the amount you wish to withdraw. 

You can withdraw a minimum of 550NGN. You must also fill in or confirm your mobile telephone number, your first and last name and click on ‘Confirm.’ The funds are instantly credited to your account.

Needless to say, the Opay wallet payment option is the fastest means of getting your payouts at Melbet Nigeria as there are few internal processes involved contrary to the bank transfer processes. 

Withdrawing Funds through Internet Banking

You start by logging in and accessing the ‘My Account’ section of your account. You should then choose ‘Withdraw’ and then click on ‘Internet Banking.’ You will be provided with the options such as Skye Bank and Providus bank. Choose the appropriate bank and click on it.

 Now, fill in the correct amount, starting with a minimum of 550 NGN. Also, fill in your bank account number and names. Then click on ‘Confirm.’ and the funds will then be availed to your account.

Withdrawing Funds through Bank Transfer

You should first log in and head to the ‘My Account’ section of your account. Next, click on ‘Withdraw’ and click on ‘Bank Transfer’ from the provided payment methods. 

A list of 25 banks supported at the Melbet Nigeria betting site will pop up. You should click on the appropriate icon for your bank and proceed by filling in the bank account number, the amount that you wish to withdraw, and confirming your names. 

You can also withdraw a minimum of 550 NGN. You should finally click on ‘confirm’ to authorise the withdrawal request.

You can check the status of your withdrawal by clicking on the ‘Withdrawal Requests’ tab on your profile. The tab contains details about the date you made the request, the expected timeframe, payment method, amount, and status.

When making the first withdrawal at Melbet Nigeria, you will have to provide a copy of your identification card displaying the front and rear sides of the card to verify your identity details. A security check must also be completed before the first withdrawal is processed. 

What Makes Melbet Nigeria Qualify to be Rated among Betting sites with the Fastest Payout?

There is no doubt that Melbet Nigeria has gone to great lengths to provide you with personalised services that begin with diverse banking options. You, therefore, have a choice of the best banking option among the many payment options offered at the site. The payments are also free of charge and completed instantly, with withdrawals taking as little as 15 minutes to be completed.

The site also provides you with convenient payment limits, with the minimum withdrawal being 550NGN, while there are no limits on the maximum amounts that you can withdraw. Melbet also ensures that your account is maximally secured, and there is no chance of losing your funds to hackers and identity thieves. The betting site provides you with a 2-step authentication feature, accessible via the ‘My Account’ section of your account.

Konfambet Nigeria - #4 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.

Sportybet Nigeria - #5 Fastest Paying Site

Sportybet Nigeria is your number one betting site for fast payouts and generous bonuses. Betting fans can enjoy hassle-free payments at the site through convenient payment methods such as bank transfers and cards. The supported banks and bank cards include:

  • Fidelity Bank
  • Access
  • Citibank
  • UBA
  • Unity Bank
  • Skye Bank
  • Stanbic IBTC Bank
  • Standard Chartered Bank
  • Sterling Bank
  • Union Bank of Nigeria
  • Wema Bank
  • Zenith Bank
  • Jaiz Bank
  • Suntrust
  • Providus and many more

The betting site is also popular for the fast processing of withdrawals. Betting fans are expected to get access to their funds within an instance of confirming their transactions.

How to Withdraw your Funds at Sportybet Nigeria through Bank Transfer

You have to log in and head to the ‘My Account’ section of your account. You should click on the ‘Withdraw’ tab. 

Next, you must input the amount you wish to withdraw and specify the bank account and number you wish to send the funds to. Then click on ‘Withdraw,’ and the funds will be sent to your account immediately. However, you should be aware of the daily limit transfer amounts when requesting the withdrawal. 

Note that when making the initial withdrawal to a new bank account, you will be required to verify the bank account. Sportybet sends you a verification SMS to the mobile number you registered your account with.

What Makes Sportybet Payment Options Fast and convenient?

Withdrawals at Sportybet Nigeria are processed automatically if your details are verified. There are short waiting times before the withdrawal process can be completed.

Withdrawals are also free, and the betting site supports almost all the major Nigerian banks. The Sportybet Nigeria withdrawal limits are also reasonable as you can withdraw a minimum of NGN1000 up to a maximum of NGN 9, 999, 999.

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?

The betting sites on our list of the top 5 betting sites with the fastest payouts in Nigeria have all proved to be very fast in processing bettors’ winnings. However, we feel that Betway Nigeria leads them all as Opay payments can literally be completed in minutes.

How do I withdraw money from a betting site in Nigeria?

You can withdraw money from a betting site by first logging in, accessing the payment section of the account, and choosing ‘Withdraw’ as the payment of choice. Fill in the amount you wish to withdraw and the preferred payment option through an e-wallet, card, or bank transfer. Follow the on-screen prompts to fill in the required details before confirming the withdrawal request.

Do I need to verify my account before I can withdraw money?

Yes. You must verify your account before making the first withdrawal at a Nigeria online betting site. The process is essential as it helps the betting site prevent fraudsters and money launderers from misusing the services offered at the betting site.

How much can I withdraw from a betting site?

The amount that you can withdraw from a betting site varies with the different betting sites. For instance, you can withdraw as much as NGN9, 999, 999 from Sportybet Nigeria.

How long does it take for a betting site to payout?

Any genuine betting site should only require a few hours to a few days to payout. This is the average timeframe in most online betting sites. After completing the verification, most sites offer their players a payout within a few hours, depending on the financial service provider’s internal processes.

Can I make withdrawals on my phone?

Yes. Most Nigerian betting sites have developed fully functional betting apps and mobile optimised sites where you can make withdrawals from your account. They also support mobile financial apps and USSD codes to complete your withdrawals.

Abaeze is responsible for the Nigerian market on BettingGuide. He has a keen interest in sports betting and football in particular. Abaeze has a degree in financial analysis which helps him deliver the best recommendations when choosing a sports betting site.

Last updated: 10/20/2021