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Place a 50000 naira bet SportsBet Nigeria

Sign up at a bookmaker

We list multiple good Nigerian betting sites below, which all offer welcome bonuses or Free Bets

Deposit your 50000 naira bet

50000 naira bets will make you eligible for the bonuses – and you can get more along the way

Receive your free bets

You will only get them once per site – 22Bets also offers every Friday bonuses

Place your bets

Choose wisely on what, and how many nairas to bet

Top Sites For a 50000 Naira Bet

1XBET Nigeria
1XBET Nigeria

1XBET Welcome Bonus: 130% with code “BETLAGOS”  

Best Welcome Bonus

Wide selection of games

Lots of withdrawal options

Melbet Nigeria
Melbet Nigeria

Welcome Bonus: 100% up 100k Naira

Best game coverage

In play specialty

Fast payouts

22BET Nigeria
22Bet Nigeria

Welcome bonus: 100% up to 50k Naira

Best UI

Wide game selection

Good customer service

Is 50000 naira enough to bet with?

Most bookmakers have very low minimum bets and in Nigeria you can typically bet with as little as 100 Naira. For example, one of our favourite bookmakers, 22BET, offers a 100 Naira minimum bet (but 22Bet Nigeria requires a min deposit of 400 Naira in order to get the welcome bonus). 50000 Naira bets will surely get you good welcome bonuses and free bets – with most of the bookmakers we list you will get double your money. 

Think about these things before placing a 50000 Naira bet

  • Never bet more than you can afford to lose – remember that most punters will lose in the long run
  • Play on games where you feel you either have knowledge or where you have other incentives to play (I would bet on my home team more than not, as a win is then a double joy)
  • Keep in mind that different bookmakers will offer different odds – a good way to hedge against this is to have multiple accounts

The best with a 50000 Naira Bet

50000 Naira is a decently sized bet, and with high odds you will always have a chance to strike it really big. In order to make the most out of your bet, you might want to play on a multibet combination of bets, or a specialty bets such as Exact Score Bets or First Scorer Bets – but then again, many successful players bet on safer games.

What makes a Nigerian betting site great?

The site, your password and your money, is safe

Nigeria loves football betting, so they need to be good at football

They have many withdrawal options and are manage withdrawals quickly

They have a good selection of games

The site is easy to use, both on mobile and desktop

You get the best possible odds - be wary of sites in Nigeria with awful odds

Betting in Nigeria – FAQs

Betting is immensely popular in Nigeria. Most of the betting is currently done in Betting shops all over the country. The shift to online bookmakers has only begun, but online bookmakers are making a mark as they are forced to offer better odds to keep players happy. 

Bookmakers are licensed

The Nigerian Lottery Regulatory Commission approve licenses to those bookmakers who follow rules and make it safe to bet. Our favorites 1Xbet, Melbet and 22Bet have all received licenses – and we would not recommend betting with an unlicensed bookmaker. 

How should I start betting?

There are a few good rules to keep in mind.

1) Set your budget – do not bet more than you can afford to lose. 

2) Choose your game – choose a game that you feel comfortable betting on, which usually means you have an understanding of the game rules and players. 

3) Choose a bookmaker that is licensed in your country of residence, and allows betting on the sport of your choice

4) Create an account with the bookmaker and fund your account with some money either by credit card, crypto coins or other methods.

 

How old do I have to be?

18 is the minimum age for creating an account with all online betting sites. 

Who regulates betting in Nigeria?

The National Lottery Regulatory Commission. They currently have licenses awarded to 30-40 bookmakers. 

Should I have more than one betting account?

We would recommend you have more than one betting account – this way you have better game coverage and can compare odds. Of course, eventually you will probably play with only one betting site. 

Where can I find the best promo codes for betting sites?

For 1XBET, use “BETLAGOS” to get 130% on your initial deposit. Click here to see more promo codes.

Can I deposit crypto to my account?

Some bookmakers allow users to deposit crypto – we would suggest Melbet for crypto ease-of-use.

My best bet was on Ronaldo as top scorer for Euro 2020. The odds could have been better, but he was one of the safer choices.

from Rivers

I never bet on games that can be fixed. That’s why I bet mainly on large international games.

from Lagos

I normally bet on underdogs, when I believe they have a chance. Normally, the odds are worse for teams with the larger emotional appeal.  

from Lagos