Sports Betting

When to Use Cash Out in Betting

When to Use Cash Out in Betting

In this guide, we look at when to cash out your bet and which betting situations lend themselves to using the cash out feature.

We have gathered for you all the online sports betting sites that are fully licensed to operate in Nigeria. As you will see, there are many sports betting sites, but not all are as good; some betting sites can be offering impeccable service, good returns and fast payouts to their customers, while there can be others that could be putting the overall betting experience to a real test with long customer service queues, delays on winning bets settlement and payback and fees on deposit transactions.

For this reason, we will present the best and most reliable sports betting sites out there, with the highest quality standards, in terms of overall customer satisfaction, betting odds, deposit bonus, promotions, payment methods, mobile betting, offered services and 24/7 customer support, as well as much more useful betting information. Just remember that if we would have to isolate the very single word that should trigger you to become a customer of a betting company, this has to be trust.

Naija Sports Betting Sites

  • Deposit Bonus
  • Cash Out
  • Asian Handicaps
  • Virtual Sports
  • Live Chat
  • 24/7 Customer Support
  • Live Streaming
50% up to ₦200.000

Betano is one of the newest additions to the betting industry and one of the most promising sports betting sites globally. Founded in 2019 in Greece, the platform has won many international awards. Betano has quickly become one of the most beloved bookmakers in many countries and has every reason to do so. There are not many gambling operators in the world that offer such a wide selection of betting options as Betano does.

  • Deposit Bonus
  • Cash Out
  • Live Streaming
  • Virtual Sports
  • Live Chat
  • Asian Handicaps
  • 24/7 Customer Support
Predict 6 Scores Win ₦10,000,000

Bet9ja is one of the best sports betting sites in Nigeria, combining a sound technological platform that matches the standards of European operators, with a network of betting professionals that have a deep understanding of the local market. It’s an excellent option for every bettor and it’s absolutely satisfying in many aspects, such as special bets, payment options and great betting services. Those include deposit bonus, live streaming and great odds, on a house edge that lies below 5% in promoted events in top leagues and does not exceed 7% in all other markets, as well as a large variety of virtual sports markets, the cash out feature, customer service support via live chat or telephone and mobile betting from Android or iOS smartphone.

  • Deposit Bonus
  • Cash Out
  • Asian Handicaps
  • Virtual Sports
  • Live Chat
  • 24/7 Customer Support
  • Live Streaming
Bet and Get ₦1.000.000 in free bets

Betking has one of the richest offerings in betting markets, with lots of special bets and Asian handicaps. Substitutions, player specials, penalties, ball possession and combo bets, you will find it all here. A truly exciting betting experience, at one of the richest, most distinguished companies in the country. Beyond that, you’ll also find plenty of daily games with enhanced odds through the odds boost section in homepage. Bettors could find many daily offers with top prices, such as Odds Boost, Special offer, King’s combo, Sport Specials, transfer specials and Basketball Player Specials.

  • Deposit Bonus
  • Cash Out
  • Live Streaming
  • Asian Handicaps
  • Virtual Sports
  • Live Chat
  • 24/7 Customer Support
300% up to ₦145.600

It’s a given that you will not find any other sports betting site with a better offering than 1xbet, with football being the most popular sport and many other sports – more or less famous – also available for betting. The most important services are available like first deposit bonus, cash out, multi live streaming, many virtual sports markets, Asian handicaps and special bets. Excellent customer service here too, that’s open 24/7 with live chat. Has mobile apps for every mobile device, as well as a mobile friendly view of the site. One of the best sportsbooks in Europe, that Nigerian punters will surely love.

Registration in a betting company

Choosing a sports betting site is extremely important for the players. As Sportbetting.ng, we highlight two key points that the player should know:

  • It is FORBIDDEN for a player to hold two accounts at the same betting company;
  • A player is ALLOWED to have an account with several betting companies.

Professional bettors tend to have more than one account, taking advantage of the best elements each sport betting site has to offer.

Sports Betting Odds

Odds are an integral part of the game. The better the odds offered by a sport betting company, the higher the potential profit for the bettors. In recent years, bookmakers have realized the increasing number of bettors who are attracted by better odds and through marketing campaigns offer markets with low or even 0% rake/House Edge.

House Edge/Rake: The percentage of turnover that the bookmaker holds as his profit.
Pay out: The percentage of turnover that the bookmaker returns to the winning players.

Sports Betting and Customer Service

Although no one wishes to have to use it, customer service can be helpful on many occasions. Matches that have been interrupted, a trading query, an extra market we want to obtain, are some examples of the issues that concern the betting players.

Sports Betting Services

The game has evolved, and bookmakers offer a range of extra services to bettors in addition to the simple betting:

  • Live betting: The ability to bet while the event is taking place.
  • Live streaming: Watch the event live, usually by simply by signing up to the sports betting site.
  • Cash out: Settlement of the bet at the bettor’s choice, before the end of the event.
  • Asian Handicap: A host of special bets that allow bettors to bet on various outcomes of the event.
  • Mobile Betting: Special versions for each mobile device and applications that one can download for free are the first indicators of the shift to mobile betting.
  • Virtual Sports: Virtual Sports is an exciting development of older fantasy sports, while utilizing the capabilities of modern gaming with high quality graphics. The outcome of the virtual sports events is decided by a Random Number Generator in order to safeguard the reliability of the result.

Legislation

The National Lottery Regulatory Commission has the mandate to regulate and oversee the activities of online sports betting operators within Nigeria.

Security

In recent years with the development of technology, almost all betting companies offer high security measures for your personal data. All your data is encrypted and cannot be easily breached by a third party.

Best Betting Sites in Nigeria

22bet

22bet logoRegister
  • Bonus up to ₦50.000
  • Cash Out
  • Live Streaming
4.20/5 - 10 votes

Bet9ja

bet9ja logoRegister
  • Bonus up to ₦100.000
  • Cash Out
  • Live Streaming
4.43/5 - 23 votes

Betwinner

betwinner logoRegister
  • Bonus up to ₦100.000
  • Cash Out
  • Live Streaming
4.50/5 - 10 votes