How to deposit money to betting account
Updated: June 5, 2024
Published: February 28, 2024
Do you want to learn how to deposit money to your betting account? Then, you have come to the right place. Welcome to EaglePredicts betting academy where we simplify everything betting related from finding a betting site, registering a new account to depositing for the first time. Here, our goal is to make your betting journey as smooth and easy as possible.Ā Ā
Certainly, every player wants access to a safe and convenient payment method. In fact, the deposit option a bookmaker offers on its platform and how fast the transaction is, can sometimes determine how well such a bookie is accepted by users.
In this article, we have broken down in detail the popular payment methods offered by the best betting sites in Nigeria and a step by step guide on how to deposit money into your betting account using any of these methods.
This will help you as a new bettor or even an experienced player who has just opened a new account with a different bookmaker. With our guide, you can understand the process of crediting money to your betting account, whether there are transaction processing fees and how long it takes for the transaction to be processed.
We believe this will ultimately set you up for exciting bonuses, juicy offers and a potentially huge win from your bet.
Funding your account on any of the best betting sites in Nigeria is a very simple and straightforward process. Many of the bookmakers have multiple deposit options meaning you can always switch in case one is unavailable.
Also, the payments are mostly accepted in the local currency the naira with 100 naira usually being the minimum deposit amount. This means starting a betting journey here is relatively affordable.
Yes, there are various payment methods offered by these betting sites, it is important to note that some are more convenient and easier to use than the others. So, come with us as we help you identify the best deposit methods in Nigeria so that you can make a more informed decision as you learn how to deposit money to your betting account.
Popular Deposit Methods on betting sites in Nigeria
As stated earlier, there are different ways through which you can credit your betting account in Nigeria. The methods available depend on the bookmaker you are using and they range from online to offline deposit.
Online deposits are quite easy because they can be done at the comfort of your sofa using the betting app, mobile phone or PC. However, for offline transactions, you must visit a physical betting shop, an ATM, or a banking hall.
The best deposit methods in Nigeria can be broken down into the following;
- Card deposit
- Opay
- Quickteller
- Internet banking and bank transfer
- USSD
- ATM deposit
- Direct bank
- Betting shop deposit
Card Deposit
This is a very popular deposit method in Nigeria. It basically involves using your debit card or ATM card as Nigerians call it to make payment into your betting account. The popular betting sites in Nigeria like Bet9ja, Mozzartbet, Betano, 1xbet, Paripesa and many more all have this deposit option on their platform.
This payment method works with interswitch or Paystack as the gateway. It is a very fast, safe and secure payment method. To use the option:
- Go to your betting site
- Click on deposit
- Click bank cards
- Input the card number
- Enter the amount
- Enter the card pin
You will receive what is known as a one time password or OTP as a text message.
Enter the six digit OTP code sent to you and complete the transaction.
Card deposit Quick facts
- Safe and secure
- InstantĀ
- Minimum is ā¦100
- No transaction fee
Opay
This is another very popular deposit method in Nigeria. It is an e-wallet system that allows Nigerians access to a very easy payment process for electricity bills, cable TV subscriptions, data expenses and lots more.
It is safe, convenient and very easy to use. Open an Opay account with your phone number and start enjoying the service. Bet9ja, Sportybet, Betking, Betano, 1xbet, Frapapa, Surebet, Paripesa, and Parimatch, are some of the betting sites with Opay as the deposit option.Ā
To deposit into your betting account using Opay:
- Download the Opay app on your android or iOS device
- Register or open a new account with your mobile home number
- Log in to your accountĀ
- Click here on betting in the bills payment menu
- Choose the betting site applicableĀ
- Set amount
- Enter your Opay pin and complete the transactionĀ
Opay quick facts
- Instant depositĀ
- No transaction feesĀ
- Minimum deposit ofĀ ā¦100
Quickteller
This is a very common e-wallet system in Nigeria. Like Opay, it serves as a means through which people settle electricity, Cable TV, internet, phone and other types of bills. In addition, it allows you access to a safe and secure means through which your betting account can be funded.
You can find your account using a QR code directly on the Quickteller wallet or use it as a payment gateway while making use of your bank cards.
Quickteller FactsĀ
- Safe and secure
- 25 naira charges
- Instant
Internet Banking and Bank Transfer
This allows you to transfer money from your bank account to your betting account. It can be done through your bank app or the internet banking platform provided by your bank. It is a very fast, easy and efficient way to fund your betting account.
Some very popular internet banking options are GT bank online, UBA instant bills pay, Alat by Wema, AccessMore App and so on
When using the internet banking or bank transfer option, you will:
- Click on bank transfer/internet bankingĀ
- Copy the account number providedĀ
- Go to your bank app or internet banking platform and make a paymentĀ
- The money will reflect in your account instantlyĀ
Alternatively, depending on the bank or the bookmaker, you will only need to enter your betting ID number and the amount you want to pay for your betting account to be credited.
Internet banking and bank transfer facts
- Safe and secure
- Instant
- 20-50 naira bank charges
USSD
This is also a very popular payment method. It has become very common because you donāt need the internet for it to work. You simply need an active bank account.
Once that is all set up, dial the code provided by your bank with the phone line attached to your bank account. For example, on GT bank, the USSD code is *737#.
To use USSD code:
- Dial the code assigned to your bankĀ
- Set the amount you want to deposit
- Provide your transaction pin to complete the process
USSD Quick facts
- InstantĀ
- ā¦20- 50 fee
- No internet required
ATM deposits
This would require you to make your betting deposits using your ATM cards. In this case, you will have to step out of the house to credit your betting account using an ATM machine. To use this method.
Go to the nearest ATM point:
- Insert your card
- Enter your pin
- Choose Airtime and bills payment from the menu
- Choose betting site
- Enter the desired amount and complete the transactionĀ
ATM Quick Facts
- Instant processing time
- Effective
Direct Bank deposit
In this case, you will need to visit the bank to make a deposit into your betting account. Before you go to the bank, make sure you confirm that your bookie has an account with them. When you get to the banking hall, pick up a deposit slip, fill in the details as directed by the bookmaker and submit it to the cashier.
The transaction will be processed and the money will be credited to your betting accountĀ
Bank Deposit Quick Facts
- Instant
- No chargesĀ
- ā¦100 minimum depositĀ
Betting Shop
Some bookmakers have made provisions for players who do not have access to the internet or a smartphone. With a physical betting shop, such players can credit their betting accounts easily.
Apart from being able to deposit there, players get to place bets on sports, casinos, virtual and other events at these physical shops without any hassle.Ā
This is a very common betting deposit method in Nigeria with bookies like Bet9ja, Nairabet, Betking, and Mozzartbet all operating physical shops in different locations.Ā
Betting shop Quick facts
- Instant
- No charges
- Smooth and easy