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BetBonanza Nigeria Review – How to Play? Claim N100,000 Bonus

BetBonanza Nigeria Review – How to Play? Claim N100,000 Bonus
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  • Jackpot Prizes
  • Cash Out Available
  • Live Betting

With a huge variety of sports and markets, BetBonanza is one of the major bookies in Nigeria today.

Here you will find everything you need to succeed in your bets. From national to international leagues, this sportsbook covers all the matches from your favourite sports.

Ever since their launch in 2014, this bookmaker keeps providing a great betting experience for every Nigerian player. The company has invested in a set of high-quality features such as Live Betting, Cash Out and Virtual Sports with live streaming.

betbonanza homepage

BetBonanza’s website is user friendly and easy to use. Since they don’t have a mobile app yet, their website is optimized for mobile devices. You will navigate with ease through their top menu and find all the sports available on your left.

On the “Promotions” option, you can access a huge list of bonuses available for sports betting and casino, making this an entertaining and rewarding platform for all kinds of online gamblers. Among the bonuses is a highly generous welcome bonus of N100,000 that you can use to place more bets.

Let’s go through everything that makes BetBonanza a highly recommended bookie so you can start winning big right now!

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Check Icon Welcome Bonus up to N100,000

Based in Nigeria, the company has its office in Lagos and is officially licensed and regulated by the Lagos State Lottery Board. With ex-Nigerian defender and former super eagles coach Daniel Amokachi “the bull” as their brand ambassador and by creating 20,000 jobs, BetBonanza is a loved bookie in Nigeria with a lot to offer.

BetBonanza Bonus and Promotions 💸

  • Generous Welcome Bonus
  • Frequent Bonuses and Promotions
  • Jackpots Available

Welcome bonus

BetBonanza gives you one of the best welcome bonus in the betting market for you to start on the right foot! Since this bookmaker is interested in your success, what better way to start than with a huge offer like this.

This amazing bonus will give you 100% of your first deposit up to N100,000!


This means the bookie will double the amount you deposit on your account after you register.

After using this promotion, you can have N200,000 in your account!

It’s super easy to claim this bonus. You just need to:

  • Register your account
  • Deposit using one of the available payment methods
  • Enter the bonus code BET100 on your account. The bonus code must be activated within 7 days from the day the deposit was credited.
  • Minimum deposit amount is N100
  • The bonus amount has to be wagered 6 times on any sports market including Pre-match and Live before the funds can be withdrawn or used for other BetBonanza gaming services.
  • Minimum odd to qualify is 1.85
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Win up to N100,000

Get a 100% Welcome Bonus on your First Deposit and place your bets!

BonanzaBallz Risk Free

It is the first bonus of its kind in Nigeria, so a lot of punters are excited about this new betting game.

This recently added game is called BonanzaBallz, and it works as a Jackpot bonus with a risk-free bet.


Every six minutes, 35 numbers (sometimes 40 numbers when there is an extra draw of 5 numbers) are drawn out of the 48 available numbers to choose from.

A player can select 14 various options to play with additional bonuses and two jackpots, which earns a punter more winnings. The minimum amount to bet is N50 and the maximum win on this game per single bet placed is N10,000,000.

You can select 6 numbers or more and if all the numbers you chose are drawn, you are a winner.

bonanzaballz betbonanza

The best part is that you can get your money back up to N3,000 if you don’t win. So it works as an insurance bet with no loses. It’s just another opportunity to bet with no risks and easily win more.

Frequent Bonuses

Besides these promotions, BetBonanza has ongoing bonuses you can receive from time to time. To win them, you just need to follow the rules from each one and you can get a 200% bonus, Free Bets or decrease your loses. All good ways to keep your wallet full and your account going for more wins.

Yakata Bonus

If you like to combine events, this is a real opportunity to win effortlessly.

Depending on how many selections you add to your ticket, the more you can win. If you add 40 or more selections to your ticket, you will get 200% on top of your winnings!

This is a genuine treat for those who love multiple bets!


The requirements for this bonus are:

  • Add five or more selections to your ticket. The selection must be with odds of 1.20 or higher to qualify
  • If you have a ticket with 10 selections, where 4 selections are with odds of 1.10 and 6 selections are with odds of 1.20, then you qualify for a bonus for 6 selections, which is 11%
  • After selecting the events on your ticket, the bonus amount you can win will be shown on your betting slip
  • The bonus is paid out instantly with your winnings as cash without any restrictions. You can immediately cash out the bonus value or continue betting and cash after all your bets

Free Bets

The Inside Live Bonus can give you up to N15,000 in Free Bets.

But how do you get them?

It’s simple! Every time you place 5 Live Bets with a minimum of N500 per day, you will automatically get an N500 Free Bet when the game ends. You will still get the Free Bet if the bet is lost. So it’s always a win-win situation.

This feature bonus is perfect to use while live betting


One Game Cut

While making multiple bets, it can be annoying to see that one match was ruined your earnings!

We know how frustrating it gets.

To fight this, BetBonanza will give you half your money back as Free Bet if one game on your betting ticket is unsuccessful. This way, you will receive 50% of your stake back to use it in other future bets.

With this, you will be more protected and secure. You just have to place bets in 7 or more games and, if one lets you down, you will receive the Free Bet.

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Check Icon Welcome Bonus up to N100,000

BetBonanza Mobile 📲

  • Mobile-optimized Website
  • Easy-to-use Website
  • No Mobile App

As we discussed before, BetBonanza does not have a mobile app yet. The applications are great to save some storage on your mobile phone and data.

The good part is that even using the website, you will be covered with a mobile-optimized page. As the picture above shows, the website adapts to your smartphone, mobile, tablet or computer – depending on which one you are using.

With the mobile-optimized website, you can still place your bets anytime and wherever you want.


It is still easy to use, and it provides a one-click betting option. When you click on the odds, it automatically adds them automatically to your betting slip.

How to Register?

Now that you’ve seen all the amazing bonuses and how intuitive the webpage is, your next step is to register.

The registration process is really easy to follow.


First, you need to click on the orange “Register” button on the homepage. It is located on the top right of the page. Then you will have to fill in the player registration form. It is very important that you provide correct personal information. If you don’t do this, the company can refuse to give the best customer support or some withdrawal request in the future.

At any time, BetBonanza may request additional information from any user. Upon request, the user must provide any of the following valid means of identification to prove their identity:

  • National Identity Card
  • Voter’s Identity Card
  • Driver’s License
  • International Passport

Since EACH PERSON CAN ONLY HAVE ONE ACCOUNT, BetBonanza makes these confirmations. IT also shows how secure the company is.

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Win up to N100,000

Get a 100% Welcome Bonus on your First Deposit and place your bets!

How to Play?

Now that you’ve registered, it’s time to place your bets!

Whether you choose to use the website on your mobile, tablet or computer, we will show you the entire process of placing a bet.

If you are just starting now your sports betting career, it is totally fine. First, go through this step by step. We want to help you see how simple it is to become a pro!

Step 1. Choose the Market

To start things over, you need to choose a market to place your bets! After a while, you will notice how many markets there are. But let’s go slowly! To begin, we’ll go with the most popular one here: the 1X2.

Step 2. Choose a Game

Let’s say you want to bet on the UEFA Nations League game Germany vs Spain. Your betting options are:

  • Germany win (Home Team) @ 2.30
  • Draw @ 3.35
  • Spain win (Away Team) @ 2.95

What do those numbers mean?

They represent the betting odds for each of those results.

If you bet N10,000 on a draw for this game, you win back  N33,500. The math is simple:  N10,000 x 3.35 =  N33,500

Let’s see another example. If you place a bet of N10,000 on Germany, you would win N23,000 if they won.

See, super simple!

Now, if you compare the winnings, you see that the prize for a Germany victory is smaller.

This happens because the bookie feels that Germany has more chances to win the match. It’s true that both teams are World Cup winners. They are both splendid, Spain with its Tiki-Taka and Germany with their possession-speed-attack.

But Germany won in 2014, unlike Spain that won in 2010.

Even if the big prize lies on a draw, wouldn’t it be better to place a bet that is more likely to happen instead of something unlikely?

Now that you know the basics, you can start placing your bets on BetBonanza!

BetBonanza Sports Betting ⚽️🏀

  • More than 20 Sports
  • Good Selection of Betting Markets
  • Competitive Odds
  • e-Sports available

While you will find both national and international tournaments, the bookie includes over 20 sports and over 1235 markets on football. This is proof you will certainly be satisfied because your preferences are more likely to be covered in this sportsbook.

With a huge selection of markets and betting options, BetBonanza offers very competitive odds. They might not be the best, but they provide good ones even for international leagues like Premier League, Champions League, World Cup, while also covering African Championship and several African leagues.

The minimum bet for sports bets and virtual games is N50. The maximum bet is not specified and can differ from event to event, however, maximum winnings from one bet can never exceed N10,000,000 in Lagos state or N50,000,000 in other states.

Among the sports where you can bet, you will find:

  • Ice Hockey
  • Handball
  • Aussie Football
  • Formula-1
  • Snooker
  • Darts
  • Martial Arts
  • Rugby Union
  • Rugby League
  • Volleyball
  • American Football
  • Football
  • Cycling
  • Auto-Moto
  • Cricket
  • Golf
  • Boxing

Among the new options, BetBonanza has included e-Sports for a vast variety of sports like football, basketball, First-Person Shooter games and Multiplayer Online Battle Arena Video Games.

You will also find themes like Politics and Entertainment. For those Special Bets, you will bet on events happening in national or international politics, tv shows, movies, etc.

Live Betting 🖥

  • Live Betting Available
  • No Live Stream

A feature most punters can not live without is Live Betting. This allows you to bet on a match after it has started, and while is it happening.

the odds change according to what is happening in the game (red and green arrows in the image)


Because of the constant updating and some minor delays transmitting the actual event, there can be 5-10 second delay in accepting Live bets.

The popular sports like football, tennis and basketball are all covered, even e-Sports. They all have a huge range of markets you can bet while the events are happening. This is a good opportunity to make money from live matches, with the odds updating as the game flows.

Cash Out 💵

  • Cash Out Available

This option allows you to withdraw your money during the game by increasing your initial bet or reducing the risk of losing.

With Cash Out, you can withdraw your bet before the final whistle. To activate this feature, go through these steps:

  • Click on “My Account” icon on top of the page
  • Select “Betting History”
  • Click on the “Cash Out” button and how much you can withdraw will be displayed, if the bet is available for Cash Out

By clicking on the “Cash Out” button, you will immediately receive the specified amount into your BetBonanza account. The ticket split will then tell you if the Cash Out was successful.

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Check Icon Welcome Bonus up to N100,000

Virtual Sports 💻⚽️

  • Virtual Sports with Special Promotions
  • Jackpots Available
betbonanza virtual

BetBonanza has perfected their virtual games betting feature. This option is great when there are limited matches and leagues available, being possible for you to bet at any time.

With amazing graphics and with the games playing in streaming, it gets close to the real deal. You will have about 9 different markets available, including handicap markets.

From football, greyhound race and different virtual gambling, you can bet on different sports while waiting for another one.

If you prefer virtual football, there are two options, with Football Turbo offering the faster matches. The events last for about 3 minutes and are narrated throughout the game.

All virtual sports have special promotions where you can win more:

  • Combo Boost – With this bonus, you can get up to 40% extra winnings on Virtual football. The more selections you add to your bet slip, the more cash you win.
  • Virtual Jackpots

BetBonanza Payment Methods 💵

  • Multiple Payment Options
  • Some Methods Require Additional Fees

At BetBonanza, there are a lot of payment methods for you to choose. From using your credit card, your bank account or even making a betting shop deposit, you can transfer money to your account really fast. The downside is that some of these options require some additional fees.

GT PayFree
GT Bank Mobile AppN50
GTWorld AppN50
GT Bank OnlineN50
Quickteller Web N100
GT Bank BranchN50
Bank BranchFree
Quickteller Mobile AppN100

The minimum amount to deposit is N100, and the maximum amount is N250,000.

As for their withdrawals methods, BetBonanza offers fast transfers for your bank account free of charge.

The transfers might take one working day to reach the bank account you saved on your personal details. After you’ve requested the withdrawal, the bookie will review it and approve it during their working hours (between 8:00 and 22:00). Note that you can only withdrawal after you’ve played at least one of BetBonanza’s services.

The minimum amount to withdrawal is N2,000.

Newsletter Image

Win up to N100,000

Get a 100% Welcome Bonus on your First Deposit and place your bets!

BetBonanza Costumer Support 📞

  • Available via phone, Whatsapp, email and live chat
  • Not Available 24/7

BetBonanza shows good customer support with their wide range of options for you to contact them in case some problem happens.

You can contact their support via the following channels:

  • Live Chat: from 8:00 to 22:00
  • Email:
  • Whatsapp: 2349062929962
  • Telephone: 018888886

Even though they are not available 24/7, you can reach BetBonanza at all times. Any queries sent after 22:00 will be answered first thing the next morning.

Final Thoughts: ★★★★☆

  • Competitive Odds
  • Good Selection of Betting Markets
  • Mobile-friendly Website
  • Generous Bonuses
  • Excellent Live Betting Centre
  • Cash Out Available
  • Asian Handicap Available
  • No Mobile App
  • No Live Stream
  • Limited Costumer Service Hours

Looking at all the features BetBonanza displays, it’s easy to see why it has a place so close to the heart of Nigerian punters! With its origins tracing to NigeriaBetBonanza is easily one of the best sportsbooks around right now!

Full equipped with Live Betting, Cash Out, Virtual Features and a wide range of bonus and promotions, this bookie really is focused on entertaining and providing maximum services to their costumers.

Even though they provide great options for your betting slip, it still lacks a Live Stream for sports events and a mobile app!

After they improve these aspects, it will certainly become the top choice for sports betting.

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Check Icon Welcome Bonus up to N100,000

Frequently Asked Questions

📝 How do I register in BetBonanza?

It is super easy! First,open the website and click on the Registration button on the top right. Just fill the form with your personal data and you are ready to bet!

💸 Is Cash Out available at BetBonanza?

Yes. You can cash out the money you placed on your bet when you feel that the bet will be unsuccessful. This way, you will claim your money to use on a more profitable bet in the future.

💵 What is the minimum amount to withdraw on BetBonanza?

The minimum amount for withdrawal is N2,000.

🖥 Is there Virtual Betting options available at BetBonanza

Yes. BetBonanza has a special virtual feature available. You can either bet on e-Sports or use the virtual games available 24/7. You can bet on virtual football, greyhound races and gamble games. The events run for 3 minutes and there are different markets for each sport.


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