Betbonanza Welcome Bonus

Item: Betbonanza
Rating: 5
Author: Oloruntoba Yusuf

Betbonanza is a bookmaker that has been around since 2014 serving the gambling industry in Nigeria. In their commitment to delivering a satisfactory customer experience, they offer you a lucrative first deposit bonus of 100% up to ₦100,000.

This is only the beginning, however, as they give you the chance to collect second and third deposit bonuses by personally inviting you via email or SMS.

The bookmaker’s website is home to a variety of gambling opportunities, including sports like Football, Basketball, Ice Hockey, Tennis, Baseball, and many more. The odds presented by them are competitive and well-researched, helping you to make an informed decision with your bets.

You can rest assured that becoming a member with them will be one of the best decisions you will have made.

This page is loaded with information about the Betbonanza bonus and everything related like how to claim it, what are the different terms and conditions, etc.

So, read through the details and sign up to collect the bonus for an unprecedented betting journey.

What is the Betbonanza Welcome Bonus?

Betbonanza welcomes your membership with them by offering you a bonus on your first deposit. All you have to do is deposit a minimum amount of ₦100 to qualify for the offer, and the bookmaker will match it with an equal sum, thus doubling your earning.

The maximum you can earn from it is ₦100,000. You can also activate the bonus code by entering FIRST100 while making your deposit. The code, though, must be activated within the first 7 days from the day the deposit was credited.

It is important to note that the Betbonanza sign up bonus comes with a wagering requirement of x10, meaning you must bet the bonus amount at least 10 times to make it withdrawable.

You should also ensure that the game you are betting on contains the minimum odds of 1.85. Any bet that is placed below this limit will not be considered as valid towards the rollover requirement.

In addition to the first deposit welcome bonus, Betbonanza gives you the opportunity to collect bonuses on your second and third deposits, too. Do note that these bonuses are available only upon receiving a personal invite from the bookmaker through email or SMS.

You will receive the bonus codes for these deposits within a week of making the first deposit. The related details are highlighted in the table below:

Deposit No.	Bonus	Wagering Requirement	Wagering Requirement Duration
2nd deposit	100% up to ₦30,000	x6	14 days
3rd deposit	150% up to ₦10,000	x6	14 days

If you fail to complete the rollover requirement within 14 days, the bonus amount will be automatically deducted from your betting account.

How to Claim the Betbonanza Bonus?

Before claiming the Betbonanza welcome bonus, make sure that you have registered as a member beforehand, as the offer is applicable only for active members.

Then, you can follow the below step-by-step guidelines to claim the bonus:

Visit the official Betbonanza website and login using your registration details
Head to the ‘deposit’ section. Select your preferred payment method from the listed options and make a minimum payment of ₦100. Also, take this opportunity to activate the bonus code by entering FIRST100 and agree to the terms and conditions. You have up to 7 days to activate the bonus code
Follow the subsequent instructions and proceed to checkout

The deposit process is generally quick, following which the Betbonanza sign up bonus should appear in your bonus account.

If there is a delay, wait for 24 hours before contacting the customer support team for assistance.

Terms and Conditions

The bookmaker has set several Betbonanza bonus rules for smooth operation among their members. Highlighted below are some of the key points you should take into consideration:

You should be 18 years of age or older to become a member of BetBonanza
To qualify for the first deposit bonus, you must make a minimum payment of ₦100
Once the bonus amount is credited, it must be wagered 10 times on events with odds no less than 1.85
Until the bonus is wagered, you cannot place bets higher than 20% of the bonus amount in a single stake
The bonus code must be activated within 7 days from the day when the deposit was credited
The rollover requirements must be completed within 30 days, after which the bonus amount will be automatically deducted from your betting account
You can become eligible for the second and third bonuses only via invite from the bookmaker, which must be wagered 6 times each on an event with odds of 1.85 or higher within 14 days

There are plenty of preconditions set by the bookmaker. For an extensive insight into the same, we urge you to visit the ‘Terms and Conditions’ page on the official website of Betbonanza.

Other Bonuses Offered by Betbonanza

Apart from offering the Betbonanza sign up bonus, the operator makes available supplementary promotions for you to take advantage of. Here are some of those that you should most certainly check out:

Yakata bonus: If you desire to play more than one game selection at a time, the Yakata bonus is for you. This bonus allows you to play more selections, in turn rewarding you with better rewards. With this offer, you can collect 225% on top of your winnings if your combined bet wins. Ensure that you add 5 or more selections with odds of 1.20 or more to your ticket
50% reload bonus: With this bonus that is available on midnights on Sunday, you can get a 50% bonus up to ₦10,000 by reloading your account. Make a deposit to your account and use the unique code sent to your email or SMS and start betting. You must wager the bonus amount x6 times with events carrying the odds of 1.85 or more
Cashback bonus: As part of the VIP loyalty program, you can receive a cashback up to ₦30,000 on your monthly losses. The amount you receive as cashback depends on how much money you stake on bets. The details are presented in the below table for more clarity

Stake	No. of Bets	Cashback %
₦100,000	15	2% cashback on net losses up to ₦10,000
₦500,000	30	5% cashback on net losses up to ₦20,000
₦1,000,000	50	10% cashback on net losses up to ₦30,000

Each of these bonuses have their respective terms and conditions set against them. Do make sure to read through the key points to prevent any conflicts later.

How Good is the Betbonanza Welcome Bonus?

Betbonanaza welcome bonus of 100% up to ₦100,000 is ideal for placing different kinds of bets when you are a new player on their platform. The turnover condition for the bonus is fair, giving you up to 30 days to complete it.

That they offer bonuses on your second and third deposits is the cherry on top and can help you explore the services of the bookmaker further. You can also take advantage of the supplementary bonuses that can help you to build on your initial earnings, thus prolonging your stay with the bookmaker.

So, if you like placing bets on a variety of sports while receiving gainful returns, sign up with Betbonanza and collect your bonus today!

Author Details

Oloruntoba Yusuf

Toba is a betting enthusiast with keen interest in helping Nigerian players with the knowledge needed to navigate the sometimes complex world of sports betting. He combines his years of experience in sports journalism and passion for sports betting to craft easy to understand reviews and analysis of diverse betting topics. He has a very good knowledge of the Nigerian market and what would enhance the betting experience of an average Nigerian bettor. That is why he is dedicated to showcasing the best bookmakers, latest bonuses and general tips that can help you have a smooth betting adventure.