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Betting Sites That Accept Polaris – How to Fund Your Betting Account with Polaris (2020 Update)

Polaris is one of the recognized banks in Nigeria with various branches all across the country offering electronic transactions to its customer. These transactions provide collaborations between the bank's users and corporations like sports betting organizations. Hence, you can fund your sports betting account using Polaris Bank as a payment option.

Customers using Polaris Bank for electronic transactions are assured of excellent customer service. The Bank also represents a multitude of sports bettors who trust the Bank with earnings and deposits and as a Nigeria punter, you are guaranteed of seamless banking experience. 

In this guide, we will outline the best betting sites in Nigeria that accept Polaris featuring Bet9ja and MelBet as well as the pros and cons of using this payment method and other alternative options for Nigerian punters.

Best Betting Sites with Polaris


Top Polaris Betting Sites in Nigeria

  • Nigeria's most popular betting site
  • Huge amount of sports available
  • Also includes casino and virtuals
  • 24/7 customer service
  • Several promotions
  • Great mobile app


Step-by-Step Guide on How to Fund Your Betting Account with Polaris

To fund your betting account using Polaris, you need to first create and deposit funds to your Polaris Bank account. Here is how to sign up for a Polaris account.


How to Sign Up for a Polaris Account

Opening and registering for a Polaris account is an easy and straight forward process and you don’t have to visit the physical bank to create your account as this can be done online.

The requirements for opening a bank account with Polaris are:

  1. Your Bank Verification Number (BVN),
  2. A valid e-mail address,
  3. Your phone number,
  4. A recent passport photograph,
  5. A scanned picture of your signature, and
  6. Some personal information

Note that this process applies to those who do not have an existing Polaris bank account, except if you choose to open a new one for this purpose.

Here is how to sign up for an account

Step 1: Open your browser and type in the following address:

Step 2: Select the account type of your choice. For withdrawal and deposits to and from your betting account, it advisable that you choose the Polaris flex account. Offers under the Polaris flex account include: issuance of a debit card, option of opening and leaving a zero balance, absence of monthly maintenance fee, standard bank rates for saving and borrowing, and the part you’ll find most useful as a punter – accessibility to electronic transactions and mobile banking.

Step 3: Click Apply Now and an account opening pop-up page will appear.

Step 4: Follow the steps outlined on the page starting with Step one, which is a declaration, and this is an attestation to the fact that you would like to open an account with the Bank. Click Next to agree with this declaration and wait for the next page to open.

Step 5: You will then be required to enter your valid Bank Verification Number – a unique pin that you will be required to provide for any vital transaction, either electronic or not.

Step 6: The next thing to do, once you submit your BVN, is to appropriately fill in some additional info then click SUBMIT.

Step 7: Round up the entire process, and wait for a confirmation email from the bank that contains your new account number.

After obtaining your account number, fund the account and link it to your preferred betting site that accepts Polaris.


How to Deposit into your Bet9ja Account using Polaris Bank

Depositing into your Bet9ja using Polaris is seamless as are outlined below:

Step 1: Request a deposit slip from any Polaris bank branch near you

Step 2: To deposit into your Bet9ja wallet, you will need to use a cheque or a fund transfer form as a quasi-money as you won't be able to deposit cash. You will be required to fill some information into the deposit slip which you have been given, and these include:

  1. The account name – here you fill the name as ‘Bet9ja’
  2. Account number – enter your Bet9ja personal user identification code which was provided after you signed up on the website.
  3. Depositor’s name.
  4. Amount you wish to deposit.
  5. Cheque number – here, you will provide the number on the check that you are using to conduct the transaction. However, this only applies to those paying via cheque.

Step 3: Your fund's transfer form or your cheque must be appropriately filled and must reflect Bet9ja as its beneficiary.

Step 4: Hand over these two forms (the deposit slip and cheque/funds transfer form) to the cashier. Demand that the payment action should be made to Bet9ja as the beneficiary of this transaction, utilizing Polaris Collect.

Step 5: At the end of the transaction, you should be given a receipt or some other evidence of a successful operation. Ensure you keep this receipt for future use or reference.

Once the transaction is completed successfully, the equivalent amount you deposited in the bank will reflect on your betting account balance, and you can then proceed to stake on games.


How to Deposit into your MelBet Account Using Polaris

Topping up your MelBet betting account via the Polaris Bank internet banking option is a straightforward process, and can be completed in the several steps highlighted below:

Step 1: Login to your MelBet account if you already have an existing account or sign up if you are a first-time visitor.

Step 2: Click on the ‘Information tab’, and subsequently click on ‘Payments’ from the drop-down options.

Step 3: You will then be directed to a list of payment methods available for you to use. Select ‘Polaris Bank, from under the ‘Internet banking’ options.

Step 4: Enter the amount you wish to deposit into your betting account (the minimum sum is 250 naira), and fill in your email address to continue.

Step 5: Next, choose your banking service provider, enter your card details, and submit an OTP that is sent to your phone to authorize the transaction.


Pros and Cons of Funding a Bet Account Via Polaris

If you are considering using Polaris bank as your preferred payment option, it is important to highlight the associated advantages and disadvantages of this banking option.



  1. Easy to use services and a fast, secure and customer-friendly banking platform
  2. Excellent customer care support team
  3. Zero balance option: You have the option of opening an account with absolutely nothing at all, and withdrawing all your savings from the Bank account.
  4. Use of the mobile app and accessibility of e-banking



  1. Only limited betting sites accept this payment option
  2. Other problems associated with this payment method include internal glitches, transaction errors, and network connection problems.


Differences between Polaris Agents (SurePadi) and the Polaris Bank Application

Polaris bank offers retail banking services that are present in areas where conventional banking services are unavailable. This banking option, known as SurePadi, is available through retail bank agents, also known as Monie agents.

Here are the main differences between the services offered by SurePadi agents and the Polaris Bank app.

  1. The Polaris mobile application is a software program used for electronic transactions and can be operated using your mobile phone. SurePadi, on the other hand, is a retail banking enterprise run by a person who is known as a monie agent.
  2. Before using the mobile application, you must have opened an account with Polaris, as this is where your transactions will emanate. You do not have to open an account with Polaris Bank to use SurePadi: You can just walk into any SurePadi outlet around and conduct your transaction, although extra charges might apply.
  3. To withdraw cash using the mobile application, you would have to transfer funds into your Polaris Bank account and withdraw over the counter or at the ATM. However, you can withdraw and deposit using SurePadi by visiting an agent near your location.


Popular Alternatives to Polaris Payment System

Since there are only two betting sites in Nigeria-MelBet and Bet9ja- that accept Polaris, you can always opt for alternative payment options outlined below.



Interswitch is an Africa-based company that focuses on electronic payments and digital commerce solutions, as well as facilitating the electronic circulation of money. Interswitch betting sites in Nigeria provide users with several payment options such as Verve, Webpay, and Quickteller. Bettors can also make secure deposits into their bet accounts via the Interswitch platform.



Quickteller is another payment provider with which you can fund your sportsbooks accounts in Nigeria. It is available on the majority of Nigerian betting sites, which makes it a quite reliable alternative. You can deposit cash in your betting account via Quickteller mobile app, and the transaction is instant. However, you will be charged a transaction fee when funding your bet account with Quickteller.



FirstMonie is a payment platform that comes from the Stables of First Bank of Nigeria. Several betting sites in Nigeria including Bet9ja, NaijaBet, and Betfarm accept this payment option. Users can as well deposit and withdraw using FirstMonie.



This is another popular and trustworthy e-transaction platform in Nigeria. Opay is trusted by popular betting sites like Bet9ja, Betway, and Nairabet, just to mention a few. Opay also provides bonuses to first and regular promotions to its regular customers and you don’t have to incur any charges when you use Opay to fund your betting account. 



PayPal is arguably, the most popular e-wallet service provider and it offers quick and safe online financial transactions of all kinds. Due to the security of its business transactions, PayPal has grown to become a common name in the betting industry in recent years. Users can link their PayPal and bet accounts to make cash deposits and withdraw earnings. Although this payment option comes with several restrictions for Nigeria players, there are several reliable PayPal betting sites.



Neteller is another popular e-transaction platform that can be used to send and receive money between corporate entities and their clients. Neteller allows the transfer of funds to and from the user's bank account. Some of the betting sites that accept Neteller include: 1xBet, NetBet, and Bet365.



Skrill is a popular e-commerce platform that enables users to make payments and cash transfers via the internet. Bookies that accept Skrill in Nigeria include; 1XBet, Ladbrokes, and Bet365.With a Nigerian Skrill account; you can make secure deposits into your betting account, as well as receive instant payments. Even better is the fact that deposits made into your bet account via your Skrill e-wallet are free, with no additional charges incurred.


USSD Codes

Unstructured Service data codes are used as quick access tools to carry out transactions; the beauty of this arrangement is that you do not need an internet connection to conduct transactions when using these codes. Each code is unique to a particular bank; For instance, the unique USSD code for Polaris Bank is *833#, and with this, you can fund your betting account instantly using your mobile device.



How secure are my funds with Polaris?

Polaris bank offers certain and safe transactions to its customers. The regulatory body, NDIC also ensures that your funds are insured.

What are the minimum and maximum deposit limits when using Polaris?

The limits vary depending on the bookies. For instance, the minimum deposit for Bet9ja is 100 while the maximum deposit is 500,000. On the other hand, there is no maximum limit on the amount you can deposit when using Melbet but the least is set at ₦ 250.

Can I withdraw funds from my betting account using Polaris?

Polaris banks provide various options for withdrawing from your Bet9ja and Melbet account. You can withdraw from your bookie’s wallet into your account where you can withdrawal from over the counter or using your ATM.

Will I still qualify for a welcome bonus when using Polaris?

Absolutely! Banks are among the acceptable secure payment options and you will still qualify for the welcome bonus when you make your first deposit using Polaris.


Why You Should Consider Using Betting Sites With Polaris

Using a secure and reliable payment option gives you peace of mind since you are guaranteed to receive all your withdrawals. With Polaris betting sites such as Bet9ja and Melbet, you are assured of a payment option that is easy to use and which uphold your ultimate security. You can create your Polaris Bank account online and linking it to your betting site is easy. Since banks are among the most secure payment option, you will still qualify for welcome bonuses when you make your first deposit to Polaris betting sites.

Peris Wambu

Hey! Peris here, an ardent content writer and sports fanatic. I have over three years of experience in sports writing, iGaming and esports. If not creating content, you will find me playing FIFA, Xbox, or Nintendo Switch games.



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