When choosing a sports betting platform, many Nigerian bettors prioritize bonuses and promotions. If these offers also matter to you, you’ll find the Betbonanza promo code 2024 exciting. It gives you a rewarding 100% deposit match up to 100,000 NGN when you fund your account for the first time as a new player.
Of course, a 100% offer capped at 100,000 NGN is commendable. However, that’s not the best part about the Betbonanza offer. You can get another 100% match bonus with your second deposit, while your third delivers 150%. Read on to find out how to claim and use these interesting promotions.
What is the BetBonanza Promo Code?
The BetBonanza bonus code is “FIRST100.” You’ll need to provide it to claim the first deposit welcome bonus after creating your account. Notably, the bonus code is public, and you’ll find it on the promotions page on the website.
After your first payment, Betbonanza also provides second and third deposit offers to claim. These promotions also require a Betbonanza bonus code. However, they’re not public but special. When you’re set to fund your account the second and third time, Betbonanza will send you the unique bonus codes to use.
You can rest assured that the Betbonanza promotional code is valid, and you’ll indeed get the rewards when you use it. That’s because the sports betting platform is fully licensed and regulated in Nigeria. Particularly, Betbonanza holds a license from the Lagos State Lotteries Board and the National Lottery Regulatory Commission.
What Can I Get with the betBonanza Bonus Code?
If you’re a new customer on the betting site, you can use the Betbonanza promo code to claim the welcome offer. It’s the first deposit bonus that gives you 100% of your payment up to 100,000 NGN. Essentially, it means the Betbonanza promotion will double your money.
Let’s suppose you fund your account with 2,000 NGN. If you qualify for the BetBonanza welcome bonus, you’ll get an extra 2,000 NGN after your deposit is successful. In other words, your total bankroll will be 4,000 NGN. To maximize the complete reward from the Betbonanza registration bonus, you’ll need to deposit up to 100,000 NGN.
For your second deposit, you can use the BetBonanza bonus code to get another 100% of your payment. The maximum cap for this is 30,000 NGN. It’s much lower than the first, but it’s still commendable. You’ll get more of your deposit funds with the third bonus offer that rewards 150%. However, the maximum cap is much lower, at only 10,000 NGN.
How to Use the Bet Bonanza Welcome Bonus Code?
Now you know the rewards available when you use the BetBonanza Nigeria promo code. The question now is, how exactly do you use the code to access the bonus? Well, it’s relatively easy. It begins with creating your account and ends with using the received bonus according to the T&Cs so you can withdraw your winnings. You can follow the steps below.
Step 1: Create a Betbonanza betting account
As you’d expect, the first step is to officially become a Betbonanza bettor in Nigeria. Here’s how to do that:
- Visit the Betbonanza website and click the Register Now button.
- Create your username and provide a valid email address.
- Create a password that’s at least eight characters, and provide your phone number.
- Provide a referral code if you have any, and confirm you’re up to 18.
- Accept the terms and conditions, and submit the form by clicking the Complete Registration button.
What you’ll see next is the deposit page with the FIRST100 code to get the welcome bonus. Note that the registration procedure stays the same on desktop or mobile. For the latter, you can use the BetBonanza mobile site or the BetBonanza app.
Step 2: Make a deposit
Depositing as a BetBonanza customer is straightforward. The site will display the deposit page after you create an account, so all you have to do is select a suitable payment method. Some of the available options to make your first deposit include:
- Paystack
- OPay
- WebPay
- Quickteller
- PalmPay
- GTBank
To select any you want to use to deposit funds, tap the Deposit button. Then, specify the amount you wish to pay and enter the bonus code on the payment page. If you don’t use the bonus code here, you’ll miss the offer. Finally, follow the onscreen instructions to complete the payment.
Betbonanza deposits are relatively swift. As a result, the transaction should complete instantly unless there’s a delay from the payment channel you choose.
Step 3: Get the 100% bonus
This final step is simple. If you provide the Betbonanza promo code to access the first deposit offer, you should receive the bonus immediately. The reward will show up in your Betbonanza account once the betting site confirms the payment.
At this point, you can go ahead to place bets. However, there’s one thing to note. During our Betbonanza review, we noted that there are certain conditions you must meet to get this bonus. Additionally, you need to use the welcome bonus according to specific terms to withdraw your winnings. These are what we’ll cover next.
Betbonanza Nigeria: Bonus Rules Unveiled
Betbonanza provides detailed rules that govern its promotions. The first and second deposit bonus offers give you a 100% match, while the third gives 150%. But these are only the surface details. We’ve unveiled the chief terms and conditions below so you know what you have to do to activate the Betbonanza sign up promo and how the bonus works afterward:
- Only new users are eligible for this bonus. So, if you already have an old Betbonanza account, you’ll want to check out other promotions that support new and existing players.
- The minimum deposit amount is 100 NGN. Generally, you can’t fund your account with less than 100 NGN because that’s the lowest limit for most payment methods on the Betbonanza platform.
- You’ll receive the bonus once your payment is confirmed. Note that the betting site will merge your deposited funds with the bonus money. Hence, the total will reflect in your balance.
- You must wager the bonus amount 10 times at least for it to be withdrawable. That means, suppose you get 5,000 NGN from the promo, you’ll need to bet up to 50,000 NGN (10 x 5,000) to withdraw your bonus winnings.
- Both pre-match and live betting count towards meeting the wagering requirements. However, the minimum odds for each selection is 1.82.
- You can’t bet more than 20% or NGN10,000 of the bonus you receive on one bet. It depends on which is higher.
- The betting site keeps the Betbonanza bonus code available for seven days after you create your account. If you don’t deposit and claim the offer within this period, you’ll miss out.
- After claiming the promo, you have 30 days to meet the wagering requirements and withdraw winnings from your bonus balance. You’ll forfeit the bonus and winnings if you don’t meet this condition.
You’ll agree that the T&Cs above are straightforward to follow. Betbonanza values its players and wants everyone to have a worthwhile betting experience on the website. So, if you have any questions about the terms, you can connect with Betbonanza customer service for clarification.
Check betBonanza Sportsbook Other Promotions
Beyond the welcome package, you can take advantage of Betbonanza other promotions. You’ll typically find offers for different activities, including sports betting, casino gaming, and live betting on Betbonanza. Check out the top ones below.
Virtual Cashback – Get up to ₦500,000 Cashback for Virtual Sports
Are you a fan of virtual sports? If yes, there’s an impressive 500,000 NGN virtual cashback promo available at Betbonanza. To qualify, all you have to do is place at least 10 bets on virtual sports markets. That’ll qualify you for up to 10,000 NGN cashback. For the full 500,000 NGN, you need no less than 100 selections on your slip.
If you win, that’s fine — you get to keep your profits. However, if the bet results aren’t successful, Betbonanza gives you a cashback. Note that you have seven days after creating your account to leverage this promo. The offer differs from the welcome package, where you have to deposit at least ₦100. Instead, you have to fund your account with at least 200 NGN.
Nevertheless, the bonus is worth it, considering the 500,000 NGN maximum cap. Your bets must settle before Sunday midnight each week to receive the cashback bonus. Particularly, Betbonanza will credit you on Tuesday if you qualify. You can withdraw winnings from the bonus after completing a 1x wagering requirement on virtual games.
Casino Free Spins – Get 100 Free Spins on your First Deposit
Some Nigerian bettors are big fans of slot games. If you’re one of them, you’ll want to check out the Betbonanza casino free spins offer. The first time you add funds to your account as a new player, you can land 100 free spins.
Your payment amount will determine the exact number of free spins you receive. Here’s the breakdown:
- 10 NGN to 19,999 NGN: 10 free spins
- 20,000 NGN to 49,999 NGN: 20 free spins
- 50,000 NGN to 99,999 NGN: 50 free spins
- 100,000 NGN and above: 100 free spins
Interestingly, you can spend the free spins to play the Gold Digger slot. You have three days to use the spins, but the good news is that you don’t have to meet any wagering requirements.
Reload Tuesday – Claim 50% Deposit Bonus Every Tuesday
Every Tuesday, you can receive a reload bonus from Betbonanza for funding your account. It’s a flat 50%, and you can deposit any amount to qualify — there’s no minimum. When making the payment, enter the Betbonanza promo code “50RELOAD” to opt in for the offer.
After receiving the reward, there’s a 10x wagering requirement to satisfy before you can receive payouts. Each wager you make must have at least 1.85 odds, and you have 14 days to fulfill the condition.
One Game Cut – Claim 10% of your Winnings
Betbonanza doesn’t leave you empty-handed if you have a near-winning bet slip. The betting site will give you up to 10% of your potential winnings if only one game cuts. That means if your potential winning is 100,000 NGN, and one match falls short, you’ll get 1,000 NGN instead of nothing.
You’ll get the reward instantly as the bets settle. Typically, the One Game Cut promo comes with T&Cs. The primary requirement is to have up to 10 picks on your bet slip. Additionally, the selections should have up to 1.40 odds, and the stake should not be less than 100 NGN.
Yakata Bonus – Claim up to 225% Bonus on your Winning Tickets
Last here is the Yakata Bonus, which gives you up to a 225% boost on your winnings. The qualification requirement is straightforward. Simply place a bet slip of up to five selections, each with 1.20 odds and above.
The number of selections on your slip determines how much boost you’ll receive. With five picks, you get a 5% boost. Meanwhile, you’ll enjoy the full 225% boost if your slip has up to 40 selections.
Conclusion
Betbonanza is a pretty generous bookmaker in Nigeria. As a bettor on the site, you get a long lineup of promotions to enjoy. The bonus starts from the multiple deposit offers to the virtual cashback, reloads, one game cut, and others. All you have to do is follow the instructions to claim the specific Betbonanza bonus you’re interested in.
With the variety of payment methods, it’s easy to deposit and withdraw on the betting platform. That also means claiming and cashing out bonus winnings will be seamless. You may still have some frequently asked questions about Betbonanza promo codes. For that, you can always count on the sportsbook’s customer service team.