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Sport Betting – Key Tips for Successful Betting in Nigeria

Sport betting in Nigeria is very popular but most of the times, many bettors do not win and the experience become negative. Sport betting should be fun and entertainment. Have a bet going on while you watch game with your friends adds a little more fun to it. But if you want to be a little more serious about and be profitable then you will enjoy these 10 tips to for successful betting.



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Be Knowledgeable About The Game You Bet On

Inform yourself daily on the team or league that you follow. If a team wins 4 games in a row, it looks good on paper, but did they really play well? Or were they just lucky? Did the other teams play without key players?

These are things you can only know by watching the games and from team news reports. The more you follow a team, the better you will know their strengths and weakness. Some teams are exceptional good home but perform really bad away. See how teams perform when they are missing certain players or have to travel to games far away. These are the kinds of details that will inform your and put you in a better position for spotting value.

Big Teams Doesn’t Always Win

From time to time, big teams lose to underdogs teams. Look at England in 2016 when they lost to little Iceland causing a major upset.

England should beat them 10/10 times so why did they lose? In this case, they lost because in tournaments like the European Championship anything can happen, Iceland is/was a warrior team and the English team underestimated them. But also, in national leagues we see small teams go all the way and also in Derbies where there is a lot more at stake than points. It’s important to look into the motivation and dynamic factor in these games. A bottom team winning 3 games in a row and must win away in order to secure another season becomes a whole different team. Look at what is at stake? Does the big team have a history of underestimating teams? Have they played well? Or they resting big players because the already won the league?

Use Multiple Bookmakers

Brand loyalty goes a long way in the betting business. Free bets, loyalty schemes or special in-shop offers, can keep you loyal and stay with a certain bookmaker. But that should not stop you from looking around what other bookmakers have to offer. It’s a highly competitive sector, and bookmakers will do anything to retain their customers which is understandable. But if you want to be profitable in the long around, then you need the best odds. Period. There’s really no excuse for not doing as it only requires a quick internet search and you will find which bookmakers are offering the best odds for your chosen game. If you were buying a car, you would also shop around for the best deal, so why not shop around for the best odds? It takes little effort, but even a small difference in the betting market can make a significant difference to your total pay-out. Contrary to many other sites, we only promote a handfull. If you want a good experience, please have a look at our Bookmakers.

Forget About That 20-Fold Accumulator.

To put it very simple: The fewer selections you include in your bet, the more chance you stand of winning. Every now and again, you see a coupon with 15 games and some guy takes home 40,000€ for a fiver. But that’s more luck than skills. If you are serious about your betting then you do your research, look for value, mind your bankroll management and stick with singles. No accumulators. Bookmakers lose most of their money from singles. This is probably one the most important  tips on our list list to be successful.

Do Not Bet On What The Bookmakers Suggest.

Again, if you are serious, you will completely ignore any betting suggestions, especially acca, coming from your bookmaker. Many bookmakers try to lure their customers into wasting their monies on these “great” offers. You often see this at the start of leagues or big tournaments, where they offer your money double back if all three favourite teams win. Or you get odds 5 if Mohammed Salah scores and give an assist.

To a novice it would seem like a decent bet and an easy way to win some money. In reality, it’s a big mistake.

Consider The Smaller And Unknown Markets

If you want to win over the bookmakers, then you need to know more than the bookmakers. The first ones to know and react when Messi gets injured are the bookmakers and the odds are adjusted. But when a team in the Norwegian third division are missing 4 players; it often goes under their radar. And that’s where you strike. You cannot beat the market in the five big (Premier League, Bundesliga, Serie A, La Liga & Ligue 1) There simply is too much focus on these leagues. But if you know a second language and can read the news, twitter, match reports or watch the team play, then you have an edge. For better understating on the matter, please read our value article.

Make Sure You Understand What You Are Betting On.

Ideally, you follow your betting strategy and do not deviate from it. But every day there are new ways to put a bet together. Think about bet365`s build a bet. Now you can bet on how many tackles, throw inns, passes and more. This is all great but if you don’t have an understating on where the value is or how it works then don’t use it. Educate yourself first, understand the mechanics, find the information you can use in these bet builders and don’t jump in before you are ready.

Never Bet With Your Heart in Sport Betting

Your favourite team or home country is playing, and you really want them to win. You start telling yourself that they actually have a chance and before you know it, you have put your money on them. This is what bookmakers love because you fail to evaluate the odds correctly because you are not thinking like a sport better but a fan. Betting is all about cold, hard facts, statistics analysis, probability, and a good deal of luck. There is no place for sentimentality in betting decisions, especially, if you want to be successful with your betting.

Our tips for successful betting are straightforward so try to be professional on the matter and look at other markets. Your favourite team may not win but could they maybe score? Could they get over 3 bookings? Try to look at it from a different perspective and spot the value.

Bet Early But Not Too Early

As soon as you have done your research and determine whether or not there is value in your bet, try to place it as soon as possible. If you wait too long the odds will probably drop. Remember, you are not the only one playing this game and once the bookmakers find out they have priced a game wrong or see people putting money on a specific game, they adjust. On the other hand, it’s worth keeping in mind that placing a bet on a game that takes place in weeks or months, like for example Championships, can be dangerous.          A team can be on fire now and look like a sure winner in two months but if a couple of players get injured a week before, then the story is different. A long break can be dangerous for a winning squad.

The Importance Of Bankroll Management

Finding winning bets is, obviously, important if you want to be successful in sport betting but so is bankroll management. Maybe even more.

It’s a common mistake, especially among new bettors, to see them being reckless with their bankrolls. When winning they will start doubling their bets because they feel invisible and when loosing, they want to win it all back with one bet. This is the quickest ways to bankrupt your bankroll.

It requires consistency and discipline to manage your bankroll whenever you encounter the inevitable ups and downs that come with sport betting. Sport betting is about winning but you will loose and the only thing that is going to help you not going bankrupt is how you manage your bankroll. Because when you get back to winning, it will provide a positive Return on Investment (ROI). We recommend starting out with Flat betting which means that you bet the same amount on every game (one unit) and only risking 1% to 5% of your bankroll per game. A good medium is 3% per play. For more on bankroll management please read our bankroll management content.

So there you have it. In the end, its really simple and if you follow these 10 tips then you will be successful in betting.

Sport betting FAQ

What are the best tips for successful sports betting in Nigeria?

To increase your chances of success, start by always understanding the sports you’re betting on and researching the players, teams and recent form. Additionally, managing your bankroll is crucial—never bet more than you can afford to lose. Use betting strategies like value betting or hedging to minimize risk, and avoid chasing losses by staying disciplined and sticking to your strategy. Lastly, take advantage of bonuses and promotions but always read the terms & conditions carefully.

Is sports betting legal in Nigeria?

Yes, sports betting is 100% legal in Nigeria, regulated by the National Lottery Regulatory Commission (NLRC). Bettors can place wagers on licensed betting platforms, both local and international, provided they comply with the laws and regulations set by the government. Make sure to only use legally registered betting companies to ensure safe and secure transactions.

What are the most popular sports to bet on in Nigeria?

Football is by far the most popular sport for betting in Nigeria, with major leagues such as the English Premier League, La Liga, and Nigeria’s own NPFL drawing significant interest. Other popular sports include basketball, tennis, and virtual sports, which have gained traction due to their frequent availability and quick results.

How do I start betting on sports in Nigeria?

To start sport betting, you need to sign up on a licensed betting platform, deposit funds, and select the sport or event you want to wager on. Most betting sites in Nigeria offer welcome bonuses and promotions to new users, so be sure to take advantage of these to maximize your betting potential. Always research betting markets and odds to improve your chances of betting success.

How do I withdraw winnings from a Nigerian betting site?

Withdrawing your winnings from Nigerian betting sites is usually straightforward. After meeting the platform’s withdrawal requirements, you can request a payout through various payment methods, including direct bank transfers, mobile payments (like OPay and Paystack), or e-wallets. Each betting site has different withdrawal limits and times, so be sure to always check these before requesting your winnings.

 

 

 

 

 

 

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