Betting Bonus – Guide to Get the Best Offers

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When we come across a sportsbook that we like the look of, we will obviously be interested in the bonuses that they make available to all of their customers. This page is going to completely focus on betting bonuses to ensure that you can find everything that you need to know about sports betting and its promotions.

The Best Sports Betting Bonuses in Nigeria

50% Match Bonus up to N20,000.
*6x Wagering Requirements. only available to New Players.
5.0 rating
5.0
100% Match Bonus up to N100,000.
*10x Wagering Requirements.
4.8 rating
4.8
200% Match up to N100,000
*Offer must be used on accumulator bets of three or more selections with odds that are higher than 1.40.
4.5 rating
4.5
4 On-going promotions.
4.5 rating
4.5
100% Matched-Bonus up to N25,000
*Bets must be placed with odds of at least 3.0 (Per event).
4.3 rating
4.3
100% Match Bonus up to 50,000.
*wagering requirement will be 5x. At least three selections in each accumulator must have odds of 1.40 or higher.
4.3 rating
4.3
100% Match Bonus up to N100,000
*Wagering requirements 8x.
4.0 rating
4.0
Bet with the best odds in Nigeria.
*Upon registration.
3.8 rating
3.8
Enjoy $30 to Bet for Free!
*Insert the promotional code “EXCN20”
3.8 rating
3.8
3 On-going promotions.
*For existing players only.
3.3 rating
3.3

betting-bonuses

There are plenty of sportsbooks that are happy to accept us, Nigerians, but just like with everything that you will come across in life, some just happen to be better than others. Sometimes it can take a lot of your precious time trying to find the best ones, but this is not the case here because we have done all of the hard work for you. Do not worry, there is no need to thank us.

Below we have listed ten of the best bookies for Nigerians as well as their current Welcome Bonus offers. Please be aware that Welcome Bonuses are constantly changing as bookmakers have to constantly stay ahead of their competition. We will try to update this page as much as possible, but if you open up one of the following sportsbooks and they have a different Welcome Bonus to the one that we have written down, it is not our fault.

  • Nairabet: They do not have a Welcome Bonus at this moment in time. However, they might do in the near future.
  • Bet9Ja: They will be happy to match your first deposit 100% up to 100,000 naira.
  • Betfair: They do not accept Naira at the moment (they might do in the future). When you open an account with them, you can place a $30 bet. If that bet loses, then you will be given your $30 back. So, this is a win-win situation for you.
  • Betway: If you decide to register with Betway, then you will receive a 50% deposit match of N20,000 as a free bet.
  • NetBet: When it comes to their Welcome Bonus, they will 100% match your first deposit up to a sum of N100,000.
  • Supabet: This South African sportsbook will not offer Nigerian players a Welcome Bonus. Maybe in the future, though they will be happy to offer Nigerian players a tasty Welcome Bonus.
  • Surebet247: If you go ahead and register with Surebet247 then your first deposit will be 100% matched up to N25,000.
  • Lionsbet: If you open up an account with Lionsbet, then they will be happy to double your first deposit up to N100,000.
  • Pinnacle: This is another sportsbook that does not offer a Welcome Bonus. However, they happen to have some of the best odds on the market. In our opinion, it is great to always be able to take advantage of great odds all of the time rather than the occasional promotion.
  • 1XBet: If you open an account here then they will match you first deposit 200% up to a sum of N100,000.

N.B. When it comes to Welcome Bonuses, there will always be certain terms and conditions that are attached to them. We always recommend that you read the terms and conditions extremely carefully so that you know what that particular sportsbook is looking for. When you are aware of what the terms and conditions are, you will not run the risk of breaching their rules and regulations and losing your bonus.

What Are the Benefits of Online Betting Bonuses?

Betting bonuses are fantastic as they have a wide variety of advantages. Below we will take a look at some of the main advantages of betting bonuses.

You Can Take a Risk

When you are betting using your own money, you will obviously not want to take too many risks as if you lose, you will obviously be losing cash that you have worked very hard to get.

However, when you are using bonus money, you are using cash that was never yours in the first place, so you can afford to take a bit more of a risk.

In fact, we highly recommend that you always take more of a risk when you are using bonus money as you really do not have anything to lose. If you lose, you have not lost any of your hard-earned money and if you go on to win then you be on the receiving end of some very tidy profit. Many people like to play it safe when they are gambling but, in our humble opinion, gambling is all about taking a risk every now and then. What excitement is there to always living life in the slow lane? None, that is the answer to this question.

It Helps You to Get a Good Taste of the Bookmaker

Thanks to Welcome Bonuses, when you sign up with a bookie, you can use the bonus cash that they give you to try them out. If you decide that there is something about them that you do not like – maybe the odds are not good enough for you or maybe you realise that you would prefer to sign up with a bookie that offers more live streams.

Whatever your reasoning is for no longer wanting to be a member of that bookie, you will be able to withdraw your first deposit and look elsewhere. You can keep trying out bookies like this until you come across the one that you think is perfect for you.

Bet on Markets That You Are Learning About

If you are a huge football fan, then there is a good chance that you know everything that there is to know about your favourite football team and the league that they play in. For example, if you are a Manchester United fan, then you will know all there is to know about Manchester United and the English Premier League. You will probably bet on this often and win quite a bit of money due to your knowledge. This is great but, as they say, variety is the spice of life, so you should always try to broaden your betting horizons.

There is no better time to do this than when you have the Welcome money to spend. For example, with the deposit bonus, you really should try and improve your knowledge of other great leagues such as the Serie A, Bundesliga, La Liga, or Ligue Un? Not only will this add to your gambling experience, but you will be thoroughly entertained by some great football.

What to Analyse When Looking at Bonuses

When it comes to the different bonuses that you can get at bookmakers, there are plenty of things that need to be analyzed. Below we will take a closer look at some of the most important, which are:

Types of bonuses

• Maximum cash on offer

• Wagering/turnover requirements

• Odds restrictions

The Type of Bonuses That Could be Offered

There are many different types of bonuses out there so we will always make sure to give you some idea as to what each sportsbook offers.

Below we have listed the common types of bonuses that you will be able to find at sportsbooks that are happy to accept Nigerian players.

• Deposit Bonus

• No Deposit Bonus

• Reload Bonus

• Cashback Bonus

• Free Bet Bonus

• Odds Promotion

• Loyalty Bonuses

• Rebound Boost

• Money Back Special

• Accumulator Boost

• Accumulator Money Back

As you can see, there are plenty about. Below we will take a more in-depth look at these different bonuses so that you have a firm understanding as to what each one is.

The Maximum Amount That You Will Receive

When it comes to Welcome Bonuses, there is always a maximum amount that you can claim. This obviously makes a lot of sense as it would be pretty stupid of a sportsbook to offer to match a customer’s first deposit 100% no matter what their first deposit is.

When there is a Welcome Bonus on offer, we know that you will want to know what the maximum amount of money that you can receive is. You have to keep in mind that there is no straight answer to this question, the maximum amount that you can receive depends on the Terms & Conditions of the bonus itself. 

N.B. When we talk about Welcome Bonuses for a sportsbook that we are reviewing, we will always divulge this information.

What Are the Wagering Requirements (Turnover Requirements) in Place?

As we said, sportsbooks want to make money, not give money away for free. Therefore, when you get a bonus that gives you extra money, there will always be wagering requirements, sometimes called turnover requirements, that are attached to it. If you are an avid gambler already, then you will know what wagering requirements are. However, we know that not all of our readers are experienced gamblers, so we will now take a bit of time to explain what wagering requirements are.

Well, it is the amount of times that you must stake the bonus money before any withdrawal of funds is possible.

Example

Giving you an example will make things a lot easier to understand. Let us say that you receive a Welcome Bonus of N50,000 and the wagering requirements stand at 5x. Before you can withdraw any money from your account, you will have to wager N250,000.

Keep in mind

It is important to note that you will usually have a set period of time to complete the turnover requirements.

Some bookies will give you up to a month, while others are less generous and will only give you a week. If you do not complete the turnover requirements in this time frame, then you will lose the bonus money. This is why it is always important to take the time to read the terms and conditions.

What Are the Odds Restrictions?

When it comes to completing the turnover requirements, you will not be able to do so using whatever odds that you feel like. In the terms and conditions of each bonus, it will be stated clearly what the lowest odds are that you can use when it comes to clearing the wagering requirements.

Most of the time you will find that you have to place bets that have selections with odds that are higher than 1.40 or 1.50. Sometimes, but it is quite rare, you will have to place bets with odds of at least 1.60.

A Closer Look at the Different Types of Bonuses?

Bookies know that they have to keep things interesting for their customers. A bored customer is an unhappy customer and an unhappy customer is one that might just close their account and take their money somewhere else. At the end of the day, there are plenty of other bookies out there that a customer can choose from. The way that bookies keep their customers entertained is by offering up regular promotions.

Below, as we promised above, we will take a look at some of the most common promotions that you are likely to come across when you open up an account with a sportsbook.

Deposit Bonus

With this type of bonus, you will deposit some of your money and the bookie will match it to a certain percentage. T

he percentage that it will be matched depends on how generous the bookie is feeling. Some will offer 50%, others will offer 100%, while there are some out there that are happy to match your deposit up to 200%.

No Deposit Bonus

With this type of bonus, the bookie will give you some bonus money without you even having to deposit any of your own money first. These are quite rare at bookmakers, but you can still find them from time to time.

With a no deposit bonus the amount of money that you will be offered will often be a lot smaller than that which is offered with a normal deposit bonus. Furthermore, the wagering requirements will often be quite a bit higher.

Reload Bonus

This type of bonus is offered to already existing customers. Every now and then a sportsbook will inform its customers that if they make a deposit between a specific time period, then they will receive some additional money on top of their deposit. It will not be a huge amount of money, but it is still better than nothing.

Cashback Bonus

As you have probably guessed from the name, with this type of bonus you will receive a certain percentage of your money back when you lose a bet.

Sports bettors love this type of bonus as it allows them to recuperate some of their lost money if they go on one of those annoying losing streaks that we have all been on at one stage in our gambling careers.

Free Bet

With the free bets you will be able to place a bet without having to risk any of your own cash. Every now and then the majority of sportsbooks will inform their customers (especially those who bet more often) that they have been awarded a free bet.

With the free bets, it is important to know that you will not win the stake that you bet with if you are successful. In other words, if you get a N500 free bet and you go on to win N2,500, then N2000 will be added to your account. Free bets are very popular among sports bettors. To find out more about free bets, visit this page

Odds Promotion

When it comes to odds, we obviously want to sign up with a bookmaker that has some of the best odds on the market. At the end of the day, we all know that the better the odds, the bigger the payout will be if Lady Luck happens to be smiling down on us. Some bookmakers provide competitive odds regularly, but then treat their customers to a little bit extra every now and then. The bookie will select a particular market and enhance the odds for a set period of time. This means that you will have a chance to win some extra money.

If a sportsbook is active on social media such as Facebook or Twitter, then we highly recommend that you follow them if you also have accounts. This is because they will regularly leave notices on their social media pages about the promotions that they are currently offering and if you do not regularly check their page then there is a good chance that you will miss out on a tasty promo.

Loyalty Bonuses

Loyalty programs are not as common among bookmakers, but it is safe to say that more and more of them are starting to offer them.

With a loyalty program at a bookmaker, you might be told, for example, that for every N1,000 you spend, you will be given 1 loyalty point. Once you have collected enough loyalty points you will be able to exchange them for free bets.

Accumulator Boost

It is always great to place accumulator bets as they give you a great chance to win a large sum of money. Okay, they can be very difficult to win because if one selection lets you down then you will win nothing at all.

However, there are some bookies out there that will even be happy to boost your winnings should you win. For example, the more selections that you make, the more they will boost your winnings. In other words, the more of a risk you take, the more winnings you could potentially make. There are some bookies who will boost accumulators up to 170%.

Accumulator Money Back

We have all been there, we are sure of it. Picture the scenario; you place a 10-team accumulator and you get 9 correct and only one team lets you down. You can be proud that you got 9 out of 10 right because that is no easy feat, but that prize cannot be converted into money.

Bookies know how annoying it can be to lose an accumulator because of just one selection, so sometimes they will have a promotion running where they will give your stake back to you if lost because of just one selection. Another type of accumulator promotion that you might come across is that if you lose because of just one selection, the bookie will give you a percentage of the prize money that you would have won.

Rebound Boost

Anyone who has gambled for a long period of time will have gone on a losing streak at one period in time. When this happens, it can be very easy to become dejected and fed up with life.

However, many bookies out there, despite what some might think, do actually care about their customers – okay, they want to earn money from you, but they also want to make sure that all of their customers are having a fun gambling experience.

There is nothing fun about losing all of the time, so some bookies out there will give you a rebound boost (usually in the shape of a free bet), so that you can try and end your losing streak without having to spend any more of your money.

Money Back Special

Sometimes a bookmaker will have a promotion running where they will give back a percentage of any money that you have lost over the course of a set period in the shape of a free bet. For example, they might tell you that you will receive 10% back of any money that you lose from Monday from 00.00 to Sunday, 23.59.

N.B. Just like with Welcome Bonuses, before you take advantage of promotions or loyalty programs, you should spend a minute or two reading all of the terms and conditions that are attached. You do not want to end up forfeiting a promo because you just could not be bothered to spend a couple of minutes of your time reading the rules and regulations.

Our Selection of the Best Betting Site Bonuses

Below we will take a closer look at the thee bookies that offer the best sign up bonuses from the ten Nigerian bookies that we mentioned above. We will then take a look at some of the promotions that they were offering at the time of writing.

NetBet

When it comes to great signing up offers, NetBet has one of the best around at this moment in time. If you open an account with them, you can receive up to N100,000. The wagering requirements that are attached to this bonus are 8x and you have to choose selections with odds of at least 1.50 for accumulators and 2.00 for single bets.

Some of the best promotions that they offered at the time of writing are:

  1. Acca Boost: Build an accumulator with 3 or more football, tennis, basketball, tennis, baseball, American football, or ice hockey folds and you will be in with a chance of winning double if you go on to win. N100,000
  2. Refund: Stick N100,000 on a Premier League, La Liga, or Champions League game and if it finishes in a draw, they will return your money in the shape of a free bet.
  3. Golden Goal: Every week they will highlight a set of matches and your job will be to guess the correct scores of each one. If you get all of them right, then you are in with a chance to win an amazing N10 million.

Lionsbet

Lionsbet will also give you a maximum of N100,000 when you register with them. You will find wagering requirements of 7x while you need to choose odds of at least 1.50 in order to clear them.

Below are some of the fantastic promotions that Lionsbet were offering at the time of writing:

  1. Free Bets: If you spend N20,000 in one week, then you will receive a free bet of N500. If you spend N40,000 a week, then you will get two free bets of N1,000 each.
  2. Weekly Giveaway: Follow Lionsbet on Twitter and Facebook as they will post regular competitions where you can win some cool free gifts and vouchers.
  3. Cashback: Make an accumulator with 10 or more selections with each section having odds of at least 1.30 and place a stake of at least N100. If you lose because of just one selection, you will be given 10% of what you would have won. You will be able to win up to N125,000.

1XBet

1XBet is another bookmaker that will give you a sign-up offer of up to N100,000 if you decide to open an account with them. The wagering requirements are set at 5x, while you have to select odds of 1.40 or more if you want to clear them.

When this page was written, they were offering the following promotions:

  1. Lucky Friday: If you deposit some money on Friday, your deposit will be double up to 100 Euros. Remember that it is not possible to use Naira at this bookie.
  2. Goalless Football: If you make a bet on a football game from one of the world’s top leagues and it is still goalless at the half-time break, you will receive your stake back if it has cost you your bet.
  3. Accumulator Winner: Place accumulator bets to earn points that could see you in with a chance to win an amazing sports car. How many points will you receive per accumulator? Well, that depends on the odds and stake that you decide to use. The more difficult your accumulator, the more points you will accumulate.

Betting Bonuses FAQs

Below we have provided some of the most common questions that people have when it comes down to betting bonuses.

What Nigerian Online Betting Site Has the Best Sign Up Offer?

If you are a Nigerian and you are looking for a bookmaker with a fantastic sign up offer then you really cannot go wrong with:

  • Lionsbet
  • NetBet
  • 1XBet.

If you register with one of these then you can take advantage of a sign-up offer of up to N100,000.

What Are Turnover Requirements?

Turnover requirements, also known as wagering requirements, is the number of times that you must stake your bonus money before you can contemplate withdrawing any of it. When it comes to bookies, the wagering requirements are often a lot lower than those at an online casino. For instance, with a bookie, it will usually be 5x, 7x, or 10x, while at an online casino you can often find 20x, 30x, 40x, and even 50x.

Is It Easy to Claim an Online Betting Bonus?

Thankfully, it is very easy to claim bonuses at bookies. You will always be given clear instructions as to what you need to do and if you follow them to the letter, you will have no issues at all. For more instruction about the process, you can check our Sportsbooks reviews where the steps will be fully detailed.