Nigerians Spend N730 Billion Annually on Sports Betting
Nigerians spend over 730 billion Naira annually on sports betting and at least two billion naira is generated daily, recent research data shows.
Data also revealed that over 60 million Nigerian punters spend over 3, 000 naira daily placing bet stakes. At least there are 50 betting sites in Nigeria with the number growing annually.
Spending N730 billion annually on sports betting is significant for a country which the 2022 national budget is N16. 39 trillion.
Respondents, who spoke with the News Agency of Nigeria (NAN), recently, said they placed bets to generate quick and easy income, and turn their passion for football into cash.
The report quoted a 28-year-old Fashion designer, Segun Mukoro saying, “Yes I bet and I do so weekly, especially when there is a league playing. When you have been betting for long, it’s easier to know what odds to play and what teams to bet on.
Register with 1xBet and get a 300% bonus of up to 145600 NGN for your first deposit!
1xBet Betting Company – Online Sports Betting
How does a bookmaker work?
Making a bet with a bookmaker is a great way to test your luck, get an adrenalin rush and make some money in the process. Hundreds of betting websites offer their services to millions of fans who like to bet on sports online. 1xBet Betting Company stands out among other online bookmakers. Although the company is relatively young, it has already won the trust of several hundred thousand active fans.
How to bet online with 1xBet
1xBet is regarded to be one of the best sports betting websites in Asia. We offer our customers not just real money betting but also an incredible thrill of backing your favorite teams in real time, an opportunity to chat with like-minded punters on the forum, and a chance to receive consultations and recommendations from professionals. Even a beginner will have no problem placing a bet with our company. Our website provides detailed rules and instructions, trustworthy statistics, and safe and convenient payment methods. This is why making a bet with us is incredibly easy. Registering is simple and you can place a bet with one click!
Which sports and events are offered for betting? Where do I look for predictions?
1xBet is the biggest bookmaker in the CIS-countries. Every sports fan and punter will find something to their liking on our website. Even the most demanding customers will discover numerous betting opportunities. Choose your bet! Every day, our traders price up more than a thousand events, from well-known to niche. We take bets on football, ice hockey, biathlon, baseball, boxing, table tennis, snooker, cycling, water polo and a great number of TV shows such as "Psychic Challenge", "What? Where? When?" and many others.
What does 1xBet Betting Company guarantee?
A wide selection of events. Fast and reliable bet processing. A unique opportunity to bet big on the most popular events. Guaranteed payments on all successful bets. High odds. Individual approach to every customer who wishes to place a bet on sports. A high level of professional service. Security and confidentiality.
Why is 1xBet better than other online bookmakers?
Online betting is an opportunity to convert virtual predictions into real money! Are you interested in sports in general – or maybe you are a fan of a particular team? Turn your passion into profit! Thanks to the Internet, you can bet at any time, 24 hours a day, 7 days a week! We constantly update information about match outcomes so that you can get results in real time! The huge selection of bets offered on our website give each customer the chance to test their boldest predictions!
The main thing to know about 1xBet Betting Company!
The main advantage of our betting company is that we provide a unique opportunity to make LIVE bets. In-play betting significantly increases the chances of winning and generates enormous interest in sporting contests. 1xBet is a reliable bookmaker that strives to create a long-term association with each customer. We guarantee a personal approach with your best interests in mind, easy payment methods and, what is most important, 100% payouts on all winning bets! May luck never leave you!
1xbet.ng is owned and operated by BEAUFORTBET NIGERIA LIMITED, which operates under license №: 0001018 dated September 12, 2019 issued by the National Lottery Regulatory Commission of the Republic of Nigeria.
