Knowing the minimum payout for a betting company can save you the disappointment. It can also help you choose a betting company to use in your betting venture.

Some betting companies raise their minimum payout so high that it makes it difficult to have a withdrawal over a long time.

I was once in this mess when I wanted to withdraw 3,000 naira. I got to know the minimum payout was higher and I eventually lost everything at the end of the day.

Another frustrating factor is having to wait for days to get your withdrawal.

Let’s get to know the minimum, maximum payout and the withdrawal times.

Sportybet

Minimum Payout: 1,000 naira
Maximum Payout:
Withdrawal Time: Few seconds, almost immediately.

Sportybet is the best when it comes to withdrawal. You get your bank alert immediately and I love it I mean who wouldn’t love that?

Nairabet

Minimum Payout: 1,000 naira
Maximum Payout:
Withdrawal Time:

Betking

Minimum Payout: 5,000 naira
Maximum Payout: 40,000,000 naira online and 10,000,000 naira in shop.
Withdrawal Time: 3 to 5 work days.

Bet9ja

Minimum Payout: 5,000 naira
Maximum Payout: 50,000,000 naira
Withdrawal Time: Takes days to hit your account. I’ve read on Nairaland, a guy accusing Bet9ja of delaying withdrawal intentionally so that one will cancel withdrawal and lose the money placing bets. Quite bad to say the least.

Merrybet

Minimum Payout: 1,000 naira
Maximum Payout: 10,000,000 naira
Withdrawal Time: Takes up to 3 work days.

Lionsbet

Minimum Payout: 1,000 naira
Maximum Payout: 10,000,000 naira
Withdrawal Time: Takes up to 3 work days.

Betpawa

Minimum Payout: 1,000 naira
Maximum Payout: 10,000,000 naira
Withdrawal Time: Takes up to 3 work days.

That’s our list. We will check and update it as more betting companies come into the Nigerian betting market.

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