MasterCard Guide for Online Sports Betting in Nigeria 2022

MasterCard is a globally recognized financial brand and is accepted in many countries. It has become very popular in Nigeria especially due to online betting. Its use in sports betting in Nigeria has drastically increased, as almost every bookmaker accepts it. Working out which MasterCard betting sites are the best can be hard. However, this article aims at reviewing this mode of payment in online betting, and the relevant fees, limits, security and accessibility in 2021.

Best MasterCard Online Bookmakers - Nigeria (Updated List)

Sportsbook
Features
Bonus
Rating
Bet Now
1
  • Live Streaming
  • In-Play Cashout
  • Esports
  • Asian Handicap Betting
100% Bonus up to ₦111,000
2 bet9ja
  • Highly competitive odds
  • In-Play Betting
  • Global standards
  • Diversified sportsbook
100% Bonus up to ₦100,000
3 bet365
  • Offers live betting
  • Exemplary customer support
  • Exciting odds for punters
  • Live streaming
Up To $30 In Bet Credits
4 22BET
  • Live Streaming
  • Bet Builder
  • Wide Range of Esports Markets
  • Fantastic In-Play Service
  • Live Chat Support
  • AH Betting
100% Bonus up to ₦50,000
5 Betfarm
  • Live Streaming
  • Live Betting
  • Free Bets
  • Android and iOS Apps
₦500 Free Bet

Benefits of Having MasterCard

  • Fast payments: The deposit process takes just a few minutes to reflect in your sportsbook.
  • Safety and security: This mode of payment uses advanced digital security encryption. Also, they review their methods for continuous improvement.
  • Betting bonuses: Betting sites that accept this provider offer the customers free bets and bonuses.
  • 24/7 Availability: In case of any issue with your card, they have a team of resolution staff that are contactable at any time of day or night.
mastercard in nigeria

Commissions and Limitations at Betting Sites

Top online betting sites in Nigeria provide new account holders with bonuses and promotions. First-time bettors should take note of this.

Fees and Charges

Fortunately, with sports betting sites that accept Mastercard, you can transfer as much money as you wish without being charged anything. Mastercard payment attracts no charges. In the past, credit cards used to attract charges, but currently, there are no charges.

Minimum and Maximum Limits

Most bookies in Nigeria have their minimum limit set at ₦100, and the maximum limit set at ₦2,000,000 for single bets and ₦4,000,000 for multiple placed bets.

Time Process

Using MasterCard is speedy and convenient. You only have to fill in your basic information with your selected sportsbook. The site will save the information for swift future transactions. Therefore, to get things moving in your subsequent deposit, all you need to do is key in your password and card security code.

mastercard safe mobile payments

MasterCard Safety and Security

When it comes to online transactions, MasterCard debit and credit cards are very well secured by the use of SSL encryption and the SecureCode service. However, in the event of fraudulent activity on your card, credit cards have an advantage over debit cards. This being that when a fraudster wants to make fraudulent payments, you can decline to pay for those payments when the bill rolls around.

With debit cards, the transactions are secure, but there is no insurance in case of fraudulent activity on your card.

Mobile Accessibility of A MasterCard Account

In online betting, the deposit and withdrawal feature on the Mastercard app has to be as effective as it is on the desktop version. In this aspect, MasterCard is ahead of the lot as well. The MasterCard app has an easy-to-use interface and excellent security. Furthermore, the mobile app can perform every function that is available on the desktop version.

Customer Care

MasterCard has an Assistance Centre that you can always call at any day and time. Their customer care team is available by telephone and major social media platforms such as Facebook and Twitter.

Is It Widely Accepted at Nigerian Betting Sites?

Sports betting has been popular in Nigeria for decades now. International bookies have flooded the industry, and this has resulted in many Nigerian betting sites adopting MasterCard.

Parimatch

Parimatch is an international bookmaker that covers a wide array of sporting events. They have a very simple user interface as well as a live streaming feature. It is very easy to navigate through the website and mobile app too. Registration is easy, and making deposits and withdrawals is convenient. Also. they accept a plethora of payment modes too, with MasterCard being one of the most popular.

Parimatch Nigeria - Highlights
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    An exceptional in-play market

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    User-friendly mobile app

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    Live streaming and livescore

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    Fast withdrawals

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    Wide range of sporting events

Using MasterCard at Online Bookmakers in Nigeria

There are numerous betting sites in Nigeria that accept Mastercard as it is among the leading payment service providers in the world. They take matters of security and privacy seriously, and that is visible in the security of their systems. Furthermore, they have a nice mobile application and a polite and reliable customer care team. Lastly, there are no charges when using service providers.

quick mastercard payments in nigeria

How to Sign Up at MasterCard

To sign up for one, follow this guideline:

  1. First, access their website and go to the registration page.
  2. You will be required to enter your bank account number, then click the Sign-Up button.
  3. Search for your bank on the website and create a private code
  4. The next step is to verify your identity. This will be done by issuance of security questions, and you will be expected to answer them.
  5. The last step of the registration process is to create your SecureCode.

Other Uses for this Account

This account can be used to pay for holidays, accepting and making payments, send money to their friends, family, and business associates to people in various locations

FAQ

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