Last updated on November 14th, 2023

Paystack Sports Betting Sites in Nigeria

Paystack, which simplified internet payments, has radically altered the sports-betting scene in Nigeria. With this processor, consumers can quickly and safely transfer funds to a variety of online betting sites.

With a transparent fee structure, Paystack provides a reliable and efficient way for bettors to fund their accounts on online betting sites. Read on as this article reviews Paystack as a payment method for popular betting platforms

Online Sportsbooks That Accept Paystack in Nigeria


Triple bonus up to 200%


100% match bonus
up to ₦100,000


100% deposit up to NGN450


100% to NGN100,000


100% up to ₦100,000


100% up to ₦100,000


100% up to ₦ 100,000


100% up to ₦100,000

Fees, Timing, and Limits Applied by Paystack Bookmakers in Nigeria

Paystack is a popular choice for transactions on betting platforms. Each platform may have different costs, processing times, and limitations. Below, we’ve outlined the essential details for using Paystack at Nigerian bookmakers:

BookmakersMin. – Max. Deposit(₦)Deposit Transaction Time Deposit Fees (₦)Min. – Max. Withdrawal (₦)Withdrawal Transaction TimeWithdrawal Fees (₦)
Betano100 – 500,000Instant N/A2000 – 40,000,000Up to 2 hoursN/A
Bet9ja100 – 150,000Instant No fee1000 – 9,999,999Within 4 working daysNo Fee
Betbonanza100 – 250,000Instant No fee2,000 – 1,000,0002 working daysNo fee
Betking100 – N/AInstant No fees 500 – 500,000Up to 2 working days No fees 
Frapapa100 – 10,000,000Instant20 – 1001,000 – 10,000,000InstantNo fee 

The Pros and Cons of Betting with Paystack

Advantages of Paystack Betting

Wide Acceptance

Paystack is trusted by over 40,000 online businesses, including some of the world’s largest betting operators, making it a widely accepted payment option.

Versatile Payment Options

Users have various payment methods, including card payments, mobile money, bank accounts, mCash, GTB 737, POS, and VISA QR, offering flexibility and convenience.

Instant Credit

Payments made through Paystack are credited instantly to the user’s betting account, enabling them to start placing bets without delay.

Popularity Among Betting Sites

The versatility of deposit options has led to many sports betting websites adopting Paystack as a preferred payment method.

Disadvantages of Paystack Betting

Limited Geographic Availability

Paystack is primarily available to users within Africa and predominantly to Nigerian players, though it is expanding to include a few other countries.

Identity Verification Requirement

Some users may need to verify their identity before being able to use Paystack, a common practice for many payment platforms but something to be aware of nonetheless.

Top 5 Paystack Bookmakers in Nigeria


Betano has quickly established a strong presence in the online gambling industry, gaining wide recognition and expanding its services to include Nigeria. 

The platform has various betting options and a user-friendly mobile app, providing a distinctive and secure gambling experience. It is an excellent option for punters searching for a reliable and innovative betting service provider.

  • Has a statistics feature to learn about past performances
  • New players can use the “Bet Mentor” to get suggestions.
  • Live scores are available for games.
  • Has a broad sports betting market.
  • The deposit methods have zero transaction fees.
100% match bonus
up to ₦100,000
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Bet9ja is a popular choice among Nigerian betting enthusiasts, offering many betting opportunities. The betting platform caters to all users, regardless of their favorite sport, with its intuitive design ensuring easy and quick navigation. This allows users to place bets on a variety of sporting events with ease.

Bet9ja operates with integrity, adhering to national gambling regulations and prioritizing user data protection through robust security measures. The Lagos State Lotteries Board licenses it.

  • There is a bet9ja mobile app
  • Bet9ja livescore feature
  • Competitive odds
100% up to ₦100,000
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Founded in 2014 and licensed by the Lagos State Lotteries Board, BetBonanza offers attractive odds, lucrative promotions, and a range of secure payment methods.

While it may not be as well-known as other platforms, it is gradually making a name in the Nigerian betting scene. With numerous betting markets and a simple interface, BetBonanza is a competitive choice for bettors.

  • The platform has a statistics feature for in-depth analysis.
  • Players can place in-play bets on several sports.
  • The sportsbook has several betting markets.
  • It offers a mobile-compatible betting platform.
100% to NGN100,000
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Operating in several African countries, BetKing is renowned for its innovative betting options and dependable platform. It offers a variety of choices, including virtual sports and jackpot bets, catering to different user preferences. 

BetKing adheres to legal and ethical standards, providing a safe gambling environment. It is licensed by the National Lotteries and Regulatory Commission (NLRC) and is committed to exceptional user experience and customer support.

  • Mobile friendly online sportsbook
  • Great odds
  • Attractive bonuses and promotions
  • In-play betting support
100% up to ₦100,000
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The Frapapa betting platform was launched in 2021. Currently, it is operated by Soloti Gaming Limited in Lagos. Since its inception, Frapapa has quickly made a significant impact on the betting industry. The platform offers various features that allow punters to make the best use of betting opportunities. 

This betting site offers various betting markets, making it a top choice for those seeking variety in their gambling experiences. Punters can wager on multiple sports, such as soccer, tennis, and basketball, in their leagues. Its user and mobile-friendly interface makes it an excellent choice. 

  • Multiple payment methods
  • User-friendly site
  • 24/7 customer support
100% up to ₦20,000
Play Now

Are there any Transaction Fees with Paystack

When utilizing Paystack for transactions on online betting platforms in Nigeria, users encounter specific transaction fees based on the amount transferred. For transfers up to NGN 5,000, Paystack charges a nominal fee of NGN 10.

This fee slightly increases to NGN 25 for transfers ranging from NGN 5,001 to NGN 50,000. For any amount above NGN 50,000, the transaction fee is capped at NGN 50.

Paystack ensures affordability in its transaction fees, especially for smaller transactions every day in online betting. For instance, transactions below NGN 2,500 are exempt from the standard NGN 10 fee, making it cost-effective for users making smaller bets or deposits.

Additionally, a transaction cap is set at NGN 2,000 for all local transactions originating from a Naira Bank account, ensuring that users are not excessively charged regardless of the transaction size.


Paystack is a crucial payment option for sports betting in Nigeria, ensuring secure and efficient transactions across various platforms. Its widespread acceptance and transparent fees facilitate quick deposits, allowing bettors to engage in betting activities swiftly. Although primarily available in Nigeria, Paystack is gradually expanding its reach, reinforcing its role as a reliable payment solution in the sports betting industry.