Best Betting Sites with Highest Odds in Nigeria

What Are Betting Odds?

Betting odds are a representation of the probability (in monetary terms) of a specific outcome happening in a given event. The odds are determined by the bookmaker looking at how likely the chances are of a specific event happening. This is determined by past form, the strength of the teams, injuries, suspensions, and motivation for the match, etc, etc. Let’s use an example of something simple. We will say that Nigeria to win the football World Cup is shown as 20/1 at an imaginary bookmaker.

The odds work as a ratio of the staked amount vs the amount won. This means that if the outcome the bettor has chosen comes in, they will win the displayed odds on their stake, whilst the bookie will get to keep the bettor's stake if the outcome does not take place.

So in this example, if you were to stake 1 Naira on Nigeria to win the World Cup and they did so,  then you would receive 21 Naira back from the bookmaker (20 Naira winnings plus your initial stake).

5 Best Bookmakers in Nigeria with the Highest Odds

Below we have reviewed the five leading bookmakers in Nigeria in our search for the betting site with the highest odds. These are ranked in terms of overall odds from our research on the internet. All five include a welcome bonus you can access by following the links we have provided.

Paripesa

There is a reason Paripesa has already gained so many customers which is that it is a betting site with the highest odds in Nigeria. It holds a full offshore licence, so it can be accessed in Nigeria and used safely and securely and trusted with your hard-earned payroll. The site has been running since 2019, and they have a sportsbook covering a large array of sports and markets, including all those popular in Nigeria. On top of this, they run regular promotions so that Nigerians who like being rewarded for making regular wagers will feel looked after by PariPesa with their VIP programs, which they run on both the sportsbook and the casino.

Betwinner

Betwinner is a site that was launched in 2018 specifically for Nigerian customers and operates with a Nigerian licence from the Nigerian National Lottery Regulatory Commission. The site is secure and uses SSL encryption, as is the case with its HTTPS-protected website to help protect account holders. It gained over 230,000 visits in January 2025 alone and this for a number of reasons, its generous welcome bonus, the consistently high odds on many sports and markets and its excellent ongoing bonuses and promotions. This is an excellent site to include in your portfolio for those living in Nigeria.

1xBet

1xBet has been online since 2007 and has established itself as one of the biggest worldwide online sites, and it is available in Nigeria as well. You will be pleased to hear. What makes it stand out in the market beyond the excellent odds it can offer on a wide range of sports is the large welcome bonus for new users, the numerous ways to deposit and withdraw here, and a flashy website which includes a full casino section. Where it really stands out is having such a high number of sports and markets. It is also fully licensed, so you can gamble safely and securely here on anything you like.

22Bet

Licensed and regulated via a full Curacao licence, 22Bet has created an online platform where you can bet and deposit securely. They keep odds high and on a wide range of sports and markets, covering all the top sports and events. They are proud of winning many awards in 2024 and have details of these all over the site. These are fairly earned too, as they have a large welcome bonus, and include over 20 different payment methods, plus ongoing promotions and bonuses available for users. These are available in the form of weekly and monthly bonuses, like bet boosters and deposit reloads. Their mobile app is well developed and has customisable push notifications, though sadly, it is not yet available on iOS.

888Starz

888Starz is relatively new to Nigeria, having only been operating in the region since 2020. They do, however, hold a full Curacao licence, so you can trust 888Starz when you are depositing at the site. They cover all the major worldwide sports and events, as well as more minor sporting leagues and niche sports. A great feature is that they offer regular weekly promotions once you are signed up, alongside loads of bonuses. They also include a full casino section and a vibrant website with plenty to look at. This allows you to have a one-stop shop for all your gambling. Sporting odds are always strong, and so it makes it into our top five in this list:

Betting Odds Variations

Betting odds can be displayed in numerous ways, despite all having the same outcome. It is important that you use the one that best suits you, and you can usually change the way the odds are displayed on the website in the preferences section of the website.

• Fractional Odds

  Fractional odds are mostly used in the UK and Ireland, and you may see them called British odds. These show the odds as a fraction with two numbers written with a / or - symbol in the middle of them. If your odds were 2 profit for every 1 wagered, they would be shown as 2/1.

• Decimal Odds

  These types of odds are the most common in Nigeria and across most global sportsbooks and can be known as European Odds. These show the odds as a decimal and are created by dividing the fractional odds by each other and adding the stake. So 2/1 becomes 2/1 +1.00 = 3.00.

• American Odds

  When betting on American sports you will generally find the odds are expressed with either a plus (+) or minus (–) symbol followed by a number. If it is a + it means that if you were to place a 100 bet then the profit is the amount of the number. If it is a minus symbol this shows the amount that you must bet in order to win 100.

Comparison of Nigerian Bookmakers with the Best Odds

In the tables below, we have selected various matches from the leagues stated and compared their odds. Then we have listed the bookmakers with the best odds on that particular game that are available in Nigeria, allowing a good comparison of how odds differ between bookmakers and matches.

The odds here were correct at the time of writing but there is no guarantee the odds will be the same in future so do your own research as well.