Payout rates indicate how much players get back from their wagering on a particular game in the long run. They give players a fair indication of the outcomes they can expect over numerous rounds of gameplay. Payout rates are also known as return to players (RTP). In this article, after investigating various online casinos, our experts presented and ranked the best payout casinos in Nigeria.
Best Payout Online Casinos
We seek to provide you with all important information with our investigations to allow you to make informed decisions. It is important to note that payout rates are associated with games and not the casino itself. Our rating of these casinos is therefore based on the RTP of the games available on the casino. The table below will provide you with our ranking of the best payout online casinos in Nigeria.
| Online Casino | RTP% |
|---|---|
| 1xbet | 96% |
| Betway | 96% |
| Bet9ja | 95% |
| Betano | 95% |
| Betking | 94.5% |
| LiveScore Bet | 94% |
1xbet Casino Payout Review
1xbet Casino is without a doubt the number one online casino in Nigeria. The online casino is legal and duly licensed to operate in Nigeria under the National Lottery Regulatory Commission. The casino houses up to 4,000 casino games from more than 120 game providers. It has a very competitive welcome bonus of up to ₦700,000 and 150 free spins on your initial four deposits.
1xbet is also quite popular for its responsive mobile site/app that runs seamlessly on both iOS and Android phones. The platform uses traditional payment and withdrawal methods that are reliable and safe for players. The casino’s interface and game lobby is well streamlined and easy to navigate. For this review, 1xbet is ranked among the best payout casinos for the under-listed reasons.
| Payout rate | 96% |
| Win rate | low/medium/high volatility |
| Payment methods | Debit card, online banking, bank transfer, USSD, cryptocurrency, e-wallets |
| Number of online slots | over 2000 |
| Payout time | 24 hours |
| Mobile app | iOS and Android enabled |
Betway Casino Payout Review
Betway Casino is another top-performing online casino in Nigeria, with an extensive list of games for its customers. The platform has up to 2000 games in its game lobby including slots, baccarat, blackjack, roulette, and crash games. There are also several in-game jackpots and progressive jackpots available on Betway Casino that keep players engaged.
Various interesting promotions for the players include Top Up Tuesday, Free Play Friday, and Super Boost Saturday. The mobile site/app is highly functional and allows players to enjoy all the casino’s offerings even on the go. The platform is fully licensed to operate in Nigeria and offers a safe payment option to punters. The points below show at a glance why Betway Casino is considered one of the best payout casinos.
| Payout rate | 96% |
| Win rate | low/medium/high volatility |
| Payment methods | Debit card, online banking, bank transfer, USSD, e-wallets |
| Number of online slots | over 400 |
| Payout time | 1-3 working days |
| Mobile app | iOS and Android enabled |
Bet9ja Casino Payout Review
Bet9ja Casino is a popular betting site with an array of interesting game collections from top game providers. The casino offers up to 700 online casino games which are mostly slot games, a few table games, and crash games. The casino game lobby has filters like drop-and-wins, and instant, popular TV games, which make game selection easy for players.
There was no welcome bonus available on the platform as at the time of this review, however, there were other bonuses available. The casino has Bet9ja rewards which give players points or cash rewards anytime they place a bet on a game. The platform operates under the Lagos State Lotteries Board license and Osun State Sportsbook and Gaming license. The Casino has a mobile app but we were not able to access the casino section on the app. Our research suggests that Bet9ja Casino is one of the best payout casinos in Nigeria.
| Payout rate | 95% |
| Win rate | low/medium/high volatility |
| Payment methods | Debit card, online banking, bank transfer, USSD, e-wallets |
| Number of online slots | over 600 |
| Payout time | 24 hours |
Betano Casino Payout Review
Betano Casino is another popular online casino which is licensed and regulated by the National Lottery Regulatory Commission. The casino offers punters a thrilling gaming experience with high-quality games from top game providers on the platform. The casino has a variety of payout slots, table games, crash games, live casino games, and even some Betano-branded games. The game lobby is neatly arranged and comes with filters to help players easily select any game to play.
Betano Casino has an impressive welcome bonus that offers players up to 15% of their first deposit. Other interesting promotions on the site help to spice up your gaming experience on the platform. Punters are assured of their winnings as the platform operates a transparent deposit and withdrawal method. They also offer their customers 24-hour support to make their gaming seamless. Below are some reasons we consider Betano Casino among the best payout casinos.
| Payout rate | 95% |
| Win rate | low/medium/high volatility |
| Payment methods | Debit card, online banking, bank transfer, e-wallets |
| Number of online slots | over 2000 |
| Payout time | 1-7 working days |
| Mobile app | iOS and Android enabled |
Betking Casino Payout Review
Betking Casino has been a popular feature in the gambling industry for a long period of time. The casino is legally licensed by the National Lotteries Board as well in Anambra, Lagos, and Osun state respectively. The platform has an impressive number of games available for punters to enjoy, with interesting mechanisms for added thrills. Betking casino houses games from top-notch game providers, with a user-friendly interface that makes navigation seamless for players. The casino offers some safe and reliable payment options including bank cards, transfers, e-wallets, etc. The platform however doesn’t have many casino bonuses for players, but there is the Royal CashBack for existing customers. We rate the casino as one of the best payout casinos in Nigeria for the following reasons.
| Payout rate | 94.5% |
| Win rate | low/medium/high volatility |
| Payment methods | Debit card, online banking, bank transfer, e-wallets |
| Number of online slots | over 500 |
| Payout time | 24 hours |
| Mobile app | iOS and Android enabled |
LiveScore Bet Casino Payout Review
LiveScore Bet Casino provides an optimal gaming experience to punters who visit the site. With fair but engaging game titles and a few casino bonuses, the casino was among the top-performing online casinos in Nigeria. The National Lottery Commission licenses and regulates the platform as a legal gambling site. The casino has a highly functional mobile app that runs on both iOS and Android phones. The app grants users access to all functions and services in the casino. LiveScore Bet Casino has several payment options that are convenient and reliable for players to use. The platform has a great customer support system that is available 24/7. Our experts were able to point out the following as reasons to rate the casino as one of the best payout casinos.
| Payout rate | 94% |
| Win rate | low/medium/high volatility |
| Payment methods | Debit card, online banking, bank transfer, e-wallets |
| Number of online slots | over 100 |
| Payout time | 1-3 working days |
| Mobile app | iOS and Android enabled |
What are Casino Payout Percentages?
The casino payout percentage represents the amount of money returned to players by a casino game over a period. It shows the average amount that casinos remit to their players as winnings. For instance, if the majority of slot games in an online casino have a 96% RTP, the payout percentage is 96%-97%. The acceptable payout percentage in the gaming industry is 95% and above.
Payout percentages are usually calculated and reported by game developers or regulatory bodies. They serve as an indicator of the fairness and generosity of a particular game. Games with higher payout percentages offer better odds for players, although individual results can vary from game to game.
FAQ
The rules of the games usually write the RTP rates for each casino game.
Anything less than 95% is considered below average in the standard industry payout percentage, which is 95% and above.
In the long run, players receive back from their bets on any game the amount referred to as RTP.
Generally, online slot games boast the best payout among all online casino games.