Betbonanza Promotion Code 2024

Betbonanza is one of the most reputable betting sites in Nigeria and other countries of the world. 

Betbonanza sportsbook offers customers an excellent betting experience in every sense. It is licensed by the Lagos State Lotteries Board and the National Lottery Regulatory Commission. This makes it a safe platform to place your bets on.

In this review for betbonanza code October 2023 review, we will take you through all you need to know about betbonanza, the betbonanza promo codes, how to use the betbonanza bonus, and more. Ensure you read till the end.

What is the Betbonanza Promotion Code?

The Betbonanza promotion code is one that offers new users special welcome bonus of up to 350%. 

It can also be referred to as a form of discount code.

You will find it as an optional field on the betbonanza registration page. 

The exclusive betbonanza bonus code First100 gives new punters on the betbonanza mobile site access to a lot of features and benefits. 

You can use the betbonanza promo code to access all these benefits and earn huge cash especially with the welcome bonus. 

Betbonanza Welcome Bonus – Step-by-Step 

To get the betbonanza welcome bonus, you can follow the simple guidelines below:

• On the registration page, enter your username, email address, password, and mobile number

• Enter the bonus code if you have one
• Confirm that you up to 18 years old or more, and also agree to the terms and conditions of the betting site.

• Tap on the " Complete Registration" icon
• An activation link will be sent to the mail you provided in the previous steps. Just tap on the link and verify your new betbonanza account.
• Next, enter your username and password and then tap on the login button

• Choose from the wide array of payment options, enter the amount you would like to deposit 
• Next, tap on the submit button
• Once you have made your first deposit, you will be instantly rewarded with a deposit bonus amount that matches with your deposit funds. All you need to do is to deposit at least 100ngn in your betbonanza account

Bonus Terms and Conditions

Betbonanza offers new customers up to 350% welcome bonus after making their first deposit on the betting site.

Note that you get to activate the bonus on the betbonanza platform when you fund your account for the first time. 

The betbonanza sports welcome bonus is split into 3 places, they are:

• 200% sports bonus - your first initial deposit bonus after funding your account the first time
• 100% sports bonus - your deposit bonus after funding your account for the second time
• 50% sports bonus- your deposit bonus after funding your account the third time

Here are the terms and conditions attached to the 200% sports bonus:

1. The maximum bonus and minimum bonus amounts are 100, 000 NGN and 100 NGN respectively
2. Your bonus can be redeemed once you enter the bonus code in the field provided for it when transferring your bonus amount to your betbonanza betting balance
3. Until a bonus is wagered, bettors are not permitted to place more than 20% of their initial received bonus amount
4. This bonus offer is available only for customers who have deposited money into their betbonanza account. Once you have deposited successfully into your betbonanza online account, the bonus amount will be automatically added to your bonus balance 
5. The bonus wagering requirement is 10 times on any sports markets or various selections of events on a minimum of 1.85 odds
6. All betbonanza users will be granted a one time first sportsbook bonus.
7. The promo code must be activated within 7 days of making your first deposit. If the bonus activation does not take place within this time frame, you will not be given a welcome bonus 
8. You need at least 100 ngn to activate your betbonanza bonus for the first time 
9. Claim the welcome bonus, and then ensure you use the bonus to place bets on your preferred events within 30 days or the bonus will be rendered invalid 
10. It is only the bets placed on the betBonanza platform that will count in terms of rollover requirements
11. Placed bets made on other betBonanza's products will not be added in the rollover requirements for this bonus
12. If a punter avoid staking the bonus requirements, betBonanza reserves the right to cancel the bonus as well as all the profits won from the bonus
13. Your bonus rollover requirements begins once your bonus amount has been credited to your player account.
14. Cashed out games are considered invalid with this bonus

Here are the terms and conditions attached to the 100% and 50% sports bonus:

1. This bonus offer is for betbonanza customers who were sent invites by the operators of this betting site via email, SMS, or inbox.
2. You must activate the 100% bonus within 7 days while the 50% bonus must be activated within 14 days of claiming the bonuses.
3. The 100% and 50% bonus offers are for customers who have made their second and third deposit.
4. The maximum bonus amount of 100% bonus is 20,000 NGN while the maximum bonus amount of 50% is 10, 000 NGN.
5. To receive this second and third sports bonus, you are expected to deposit at betbonanza repeatedly after the first deposit
6. Your bonus will be automatically transferred to your betBonanza account immediately you make a deposit and the bonus can be redeemed by entering the bonus code in the bonus code section (Bonus amount and deposit are usually merged).
7. Your bonus amount must be wagered 6 times on any sports market including Pre-match and Live before the deposit amount, the bonus, and all your potential winnings can be withdrawn or used to wager on other betBonanza products.
8. The minimum odd required for this bonuses is 1.85 
9. The bonus offer is for customers who have made a real money first or second deposit with betBonanza and afterwards received the offer communication for the 100% and 50% bonuses
10. If you do not fulfill the rollover requirements within 14 days, the bonus amount will be instantly withdrawn from your betting account
11. This bonus can only be used to wager on sports events. It can not be used on any other betbonanza products 
12. The second and third deposit bonus code will be sent to you within a week of making the first deposit
13. You are not allowed to place bets higher than 10,000 NGN with this bonus. The proceeds from your winnings will not be paid to you if you violate this rule

Rules on Virtual Cashbacks

1. You are eligible for this bonus if you have made a real first money deposit (minimum of 200 NGN) with betBonanza. 
2. You must have placed a minimum of 10 bets, that has been settled the same week you signed up 
3. Your cashback amount must be wagered at least once on any product before withdrawal. 
4. You must wager on a minimum of 1.5 odds
5. The minimum and maximum cashback amount is 100 NGN and 50,000 NGN respectively 
6. Cashbacks are credited every Tuesdays on betbonanza

Rules on Casino Free Spins

1. Free spins are credited every Tuesdays for users that have made their first deposit
2. There are no additional wagering requirements on free spins winnings
3. All your awarded free spins must be used within 3 days of being given

Bonus Betbonanza for new users 

New customers are also rewarded with a boosted odds bonus.

The boosted odds is the latest betbonanza bonus for new users.

Here Betbonanza will provide a booking code for a match and attach very big odds to them. 

If you are a new user on betbonanza you can leverage on the ongoing boosted odds offer by using the HBTAK booking code. 

Here you can stake with as low as 100 naira and win up to 2000 naira on the match between Arsenal and Chelsea.

On this sportsbook, Arsenal was given 20 odds on the "Over 2.5" market option.

 Now, imagine placing 500 NGN on this bet, you will get a whopping 10,000 NGN. Isn't this worth staking on?

Note that he wagering requirements before you can place a withdrawal for this odds bonus is that you must place a bet of at least 2 odds.

In addition, a first time player in betbonanza will have access to 50 free spins for casino betting and up to 50,000 NGN as virtual cashback when they wager on any virtual sports. 

Bonuses Betbonanza for existing customers

Existing users on this platform are also not left out as they are also rewarded with interesting bonuses for betting on betbonanza Nigeria.

These bonuses are:

• UCL Free bets offer
• Tuesday reload
• Sports mega jackpot
• One game cut
• Yakata bonus

UCL Free Bets Offer

This bonus offer allows you to place a bet of 500 NGN or more on any UCL fixtures and get rewarded with a 200 NGN weekend free bet.

You are required to place bets on a minimum of 10 odds on your selections of only UCL fixtures.

Tuesday Reload

Tuesday Reload bonus rewards users with up to 50% of their deposit amount made every Tuesday. You can use this bonus to wager on sports events ( either pre-match or live betting events).

Sports Mega Jackpot

Users on betbonanza are eligible to participate in the weekly jackpot draws where they can get to share in on the 500,000 NGN cash prize.

One Game Cut

The One Game Cut feature allows bettors to gain a minimal amount of their winnings ( up to 10%) especially when one of their games cut.

Yakata Bonus

The Yakata bonus offers bettors up to 225% winnings when they combine games on a ticket. Bettors can use this bonus to wager online at the betting website or at a physical shop.

With this bonus, users gets to enjoy their sports betting experience on betbonanza, thanks to the huge percentage attached to your potential winnings.

Betbonanza Other Promotions

The other promotions on betbonanza are:

• Live casino rewards
• Drops & Wins
• Need draw tips?
• Gold digger
• Combo bonus 
• Aviator vs Spaceman

Live Casino Rewards

Live Casino Rewards is a form of 10% cashback bonus given to betbonanza customers. 

Drops & Wins

This special casino game allows punters to spin and win huge amount of real money.

Need Draw Tips?

Betbonanza offers draw tips for their customers to help them make well-informed decisions on which team to place Draw bets on.

Gold Digger

Gold digger is a casino game can reward you with up to 500,000 NGN. It is categorized as one of the popular games in the casino section of the betbonanza betting platform.

Combo Bonus

This virtual combo bonus gives users up to 40% extra on their winnings. Here, the more betting lines you select will get you an increased bonus fund.

This bonus offer is valid from October 10 till 10th of December. 

Aviator vs Spaceman

Aviator and Spaceman are one of the several games on the betbonanza casino section. This casino bonus offers users an interesting reward of up to 500, 000 NGN

Deposits Betbonanza

Betbonanza offers a wide array of deposit options that ensure bettors carry out safe transactions

Withdrawals Betbonanza

There is only one withdrawal method available on betbonanza, let's take a look at the method on the table below:

How to contact Betbonanza customer service

You will find a FAQ section on the bet bonanza website, but if you are not satisfied with the answers there, you can contact customer support via the methods explained in the table below:

Betbonanza Promotion Code – Our Verdict

Betbonanza is a popular betting site in Nigeria that provides a wide range of betting markets on popular and less-popular events, virtual sports, and casino games.

It also offers customers several features and benefits including welcome bonuses for new users.

As explained above, when you make use of the bonus code during the sign up process, you will be rewarded with a 350% deposit bonus. To activate the betbonanza bonus, you must deposit at least 100 ngn into your account.

You can also wager the bonus amount on any virtual sports, casinos, and events including live betting events.

With this in mind, we recommend this sportsbook to Nigerian punters to take advantage of the betbonanza bonus.