Fastest Payout Betting sites in Nigeria

Have you always wondered why depositing money in your betting account is faster than withdrawing your winnings? Are you frustrated that your bookmaker is taking forever to pay you out? If you are looking for betting sites with fast cashouts this article has everything you hoped to find.
Winning some good cash while having fun is the ultimate goal for online punters and how fast withdrawal options on betting sites are, really matters. We know it too and that’s why we have compiled an all-in-one guide on fast payouts football betting sites, fast cashout mobile betting apps, and fast cashout methods. Keep reading to get all the details and find out who’s the fastest payout betting site in Nigeria.

We have provided a list of betting sites with the fastest payouts above. Here are reasons why our experts here at BettingTop10 have listed these sportsbooks.

• Withdrawal Charges 💵

Imagine dealing with a bookmaker who asks for 10% of your winnings to process a transaction. It’s absurd, right? As such, we not only consider fast cashouts but also reasonable withdrawal fees and where possible free withdrawals. You already hassled a lot to win that money, you shouldn’t have to hassle more to have it in your account

• Customer support 📞

Making money in an online sportsbook can be challenging especially if you have issues navigating and using the site. We make sure that we list betting sites with fast customer support response to help with your issues

• Terms and conditions 📝

Some sportsbooks will make you break your bank to meet their exorbitant turnover rates. Our top sites have very lenient terms and conditions which are easy to fulfill

• Bonuses and promotions 🎁

You deserve a chance to enjoy some reasonable and profitable promotions to boost your profits

• Available payment options 💳

You want a sportsbook with more than one withdrawal method for efficiency and comparison

• Variety of markets and sports ⚽

A site should have numerous sports to choose from and markets you should enjoy wagering on. Are the markets something you’d enjoy?

• Safety and security 🔐

Will you be safe investing your money with a certain sportsbook? All our bookies are licensed and regulated in Nigeria

We listed the betting sites with fast cashouts and provided our justifications. So, what is a betting site with fastest cashouts and its importance?
For a site to qualify as one with fast cashouts, the bookmaker must be offering payouts quickly than the rest of the bookies in the market. For instance, a standard payout from a bank takes up to 5 business days but a sportsbook like bet9ja takes only 24hrs to process a withdrawal. Betway also takes between 1 and 2 days for bank payments.

Fast payouts are important for these reasons:

• You’re able to fund your pressing financial needs

Betting should be a way of entertainment but its needless to say that most low-income earning Nigerians and unemployed youths use it as a source of extra income

• Credibility

When payouts take long, punters become anxious and this might affect their trust with the sportsbook. Punters as such need the assurance that they can get their winnings as soon as they earn them

Whether a sportsbook has fast cashouts or not depends on the following:

• Payout Options available
  Some payment methods are faster than others. Most common withdrawal methods include direct bank transfers, e-wallets, cryptocurrencies, and bank cards among others. Among the aforementioned options, bank payment is the slowest, taking up to 5 business days
• A sportsbook’s infrastructure
  This means the size of market and resources each sportsbook has. Bet9ja has a legion of punters from Nigeria, which makes it easy for them to process payments in a day. For this reason, be sure to gamble with a bookie with a capable infrastructure to fund your payment requests

Let’s take a closer look at the best cashout betting sites in Nigeria and see what they offer:

Our list of the top 3 betting sites with fastest payouts in Nigeria:

Here’s our list of the best cash out betting apps:

Now that you already know what are the best cash out betting sites in Nigeria, Here you’ll find the top fastest and common cashout methods among punters in Nigeria:

• Bank transfer

Bank transfer is one of the fastest payment options in Nigeria, although it depends on the sportsbook and the individual bank you’re using. Bank transfers are common and acceptable by most bookies and more secure.
Usually, a bank withdrawal can take between 15 minutes for 1XBet, 24 hours for Bet9ja, 1-2days for Betway and up to 5 days for other bookies.

• E-wallets

Skrill and OPay are the most common e-wallets used for withdrawing winnings from sportsbooks in Nigeria. Usually, it takes only 15 minutes to receive cash in your punter’s account which is also dependent on other internal factors of the bookie.
To get paid via an e-wallet, you will need to have an account added to your betting account as a withdrawal method. E-wallets may attract a small transaction fee from the service end, but bookmakers usually process payment free of charge.
As a downside, you may have to share your details with third party, unlike bank transfers which are direct.

• Bank Cards

Verve, Visa and MasterCard are commonly used by Nigeria punters to withdraw winnings due to their convenience. With Visa fast funds, a withdrawal can get processed between 30 minutes and 12 hours depending on the sportsbook.

How to withdraw using a bank card:

• On your betting account, go to “my account”
• Select “withdraw”
• On the dropdown list select a credit or debit card you wish to withdraw to
• Select the amount of winnings you wish to withdraw
• Hit the “withdraw” button

What Else to Take into Consideration

• Withdrawal fees: while processing payment from most of our top sites is free, you will be charged by the particular payment method you’re using to withdraw cash from your sports book. Be sure to check for all additional charges before selecting a method of payment.
• Speed of withdrawal: How fast is your payment option? Again, don’t opt for a slower method just because another which is faster is charging ₦30 more.

The moment you make a winning, all you can think about is how you can transfer that money into your account and enjoy some. The excitement is on another level, especially after you have hassled really hard to win your stake back or even make a considerable profit.
First, congratulations on winning, here is a step-by-step guide on withdrawing cash from an online sportsbook:

• Search for your sportsbook on your browser or login to your sports betting account via your mobile app
• Go to “My account” and click on “Withdraw”
• Select a method of withdrawal if a sportsbook offers many
• Provide your banking details such as the account name, the name of the bank, and your account number. Be sure to match the name of your betting account with the one used by your bank to have your request verified
• Enter the amount of cash you wish to withdraw
• Click “withdraw” to submit your request

Depending on the method of withdrawal you are using and the bookmaker from who you requested payment, you will receive your winnings within hours or in a few days.
Its worth noting that banks are the most common options for cashouts in Nigeria, but they may take longer than other methods. To avoid frustrations with delayed approvals, use the same names on your banking methods while opening a betting account. Also, avoid requesting cash on weekends and public holidays. Payments are only processed during working hours on working days.

Did you know you can enjoy fast payouts with no strings attached? Let’s debunk some myths and state some fast payouts facts.

• Fast payouts come with an extra charge

Faster methods of withdrawal don’t always have bigger charges. In fact, these options are free of charge in most sportsbook as any other payout options fast or slow. Charges have nothing to do with how fast or slow a payment method is.

• You can only withdraw using the same method used for depositing

Some sportsbooks may require you to use the same method use for funding your bookmaker account to request for a cashout while others won’t care the options you select as long as they are available.
Again, you have the option to select any method of cashout regardless of the deposit methods you used. In my opinion, though, I find it more convenient to use one method available as both a deposit and withdrawal option with a bookie. It saves you time and having to provide different banking details for every separate transaction.

Why Some Cashouts May Take Too Long?

Its every punter’s dream to have their winnings deposited into their personal accounts as soon as possible, but unfortunately that’s not always the case. Some payouts may take longer than you hoped, so not to worry, the lengthy procedure is meant for your good. Here are the major reasons payouts may take too long

• Request verification

Once you request for a payout, the bookmaker will verify the withdrawal request as a standard procedure to ensure that the request is not fraudulent. Once they are sure that you authorized the withdrawal and that you’re not trying to defraud them, they’ll push the request forward to the third party- your banking option- for them to process the transaction.

• Internal bank delays

Banks which are the most common withdrawal options in Nigeria also may contribute to the delays of your payments. Some banks take up to three days to process payment requests. When this happens, be sure to file a complaint with your bookmaker.

• Holidays and weekends

Requesting a withdrawal on a weekend or a public holiday means that you’ll have to wait for until the next working day to get your request processed.