The players can make significant amount of money with sports betting in Nigeria in two major ways.
- You can make money by prediction: This means that all you need to do is correctly predict the outcome of the sport and stake it with whatever amount you want.
- You can also make money as an agent: In this case you need to collaborate with a betting company. Customers will come and stake in your shop while the sports betting company will reward you with commissions at the end of the week or month. That’s how the shop thing works in gambling.
With smartphones becoming increasingly accessible and affordable, online sports betting sites are high in demand. Betting is done on all types of personal computing devices from smartphones to tablets to computers. These online betting sites allow you to withdraw your winning amount personally and directly to your bank account.
While gambling in Nigeria is believed to be a source of employment in different sporting fields and seen massive reduction in crime, no Nigerian act or laws have to date been proposed to legalise it.