total rating

Advantages and disadvantages

  • Odds Boosts
  • Huge betting program
  • Good mobile betting experience
  • No 24/7 customer service


  • Nigeria Sports betting
  • LSLB Online Sport Betting

Betbonanza has been one of the leading providers of premium online betting services to Punters in Nigeria. They are one of the earliest bookmakers in the country, and they are still very relevant and a major force to reckon with in the online betting industry in Nigeria. With a very large Sportsbook and impressive depth of betting markets and options, it is no surprise that they enjoy huge patronage from Nigerian bettors.

Another point of reference is the variety of payment methods available to its users. Punters are always looking for a bookie who can provide convenient and uncomplicated deposit methods. Betbonanza fits the bill in this regard.

Add that to a long list of promotions available to its customers, plus competitive odds and one of the most generous welcome bonuses in the market today, Betbonanza is unarguably one of the leading bookies in the market today.

We have tested Betbonanza for all the parameters such as Registration, First deposit bonus, payment methods, Sportsbook, Withdrawal and many more, and you will find out what our test reveals. Let’s dive into it!


Opening a betting account with Betbonanza is one of the easiest things you will do. The process is fluid and effortless. You really do not have to break a sweat to get and enjoy the amazing benefited of wagering on Betbonanza Sportsbook.

When you get to the homepage, all you have to do is click on the bright orange ‘Register Now' and the rest will be pretty much plain sailing. However, we are going to do the heavy lifting and show you a step-by-step process to joining one of the best betting sites in Nigeria below.

  1. Log into the Betbonanza website
  2. Click on the bright orange ‘Register Now’ button
  3. A registration form will be displayed
  4. Enter the required information such as Username, first and last names
  5. Fill in a password of your choice
  6. Enter your mobile phone number
  7. Provide details of your date of birth and gender
  8. Check the terms and conditions box and simply tap the ‘complete registration’ icon to round off the process.


Betbonanza Registration form

© Betbonanza


At the end of this process, you would have successfully created your betting account with Betbonanza. Then, the Welcome Bonus is the next port of call and trust us when we say Betbonanza did not disappoint in this regard. Customers are offered 100% up to N100,000 as a First deposit bonus. However, to enjoy this generous offer, you must enter the Betbonanza bonus code FIRST100 to get this reward.

The wagering requirements are the sticking point. The bonus has to be wagered 6 times on odds of at least 1.85 per selection on pre-match and live games within 30 days of activation. Use our 1X2 odds calculator to get to know your possible winnings.

We also have a comprehensive list of the different first deposit bonuses from some of the leading betting sites around Africa. You can have a look and see what works for you. Customers can also enjoy free bets with their second and third deposits. Isn’t that amazing?


Betbonanza First Deposit Bonus

© Betbonanza



Betbonanza offers an extensive range of payment methods and customers are at liberty to choose the payment methods which best suits them. Some of the methods listed are GTPay, USSD, Betting shops, Paystack, Credit/debit cards, ATM deposits and Palmpay.

While some of the methods have no cost attached to them, some have extra fees associated with their usage. But these fees won’t leave a hole in your pocket, as it ranges from N50 to N100. The minimum deposit is N100. The maximum deposit amount varies from N250,000 for deposit options such as betting shops, Quickteller and ATM deposits while it is N10,000,000 for others such as GTPay or Bank payments.




Another reason why we love Betbonanza is the ease with such customers can get their winnings out of their betting accounts. It is stress-free and straightforward. You can receive payment into any bank account of your choice. The good thing is it does not have to be associated with your betting account, but your identity has to be verified before payment is made.

Withdrawals are processed between 8:00 am and 10:00 pm Nigerian time. The Betbonanza minimum withdrawal amount is N2,000, while the maximum is N 1,000,000 every 24 hours.


From the first glance, users can make out where to find what they are looking for, whether from a desktop or a mobile device. The design and layout of the website are excellent. Every tiny detail is available and we’ll spread out. Simply put, it is a bettor’s delight.

One exceptional aspect where this bookie has scored top marks is the provision of comprehensive pre-match statistics for users to make informed betting decisions.



While Betbonanza does not have a native app, they have a well-optimized mobile website that looks good on any mobile device. The mobile site is clear, clean and easy to navigate just like the desktop version. There are other bookies with native betting apps, we recommend you have a look to learn more.


There is no shortage of betting markets and options on Betbonanza. This is not a surprise due to the depth of the Sportsbook. There are over 20 sports available for punters to choose from, and they are not lacking in the area of options for its users. Some of the sports adequately covered include Football, Table Tennis, Tennis, Basketball, Handball and many other sports.

Betbonanza customers can also bet on esports. Although they are not big on this, it is definitely an attraction for fans of esports. Additionally, there is a huge emphasis on virtual sports by this bookmaker. Users can bet on different virtual sports such as greyhounds, Keno and turbo football. There are also special categories for Politics and entertainment.

Live betting is also well developed and laid out on Betbonanza. There is always a huge selection of in-play games with each event having not less than 50 betting options. However, there is no live streaming service available. But customers can make do with Live feed from their selected events. Betbonanza has an excellent sportsbook where you can test our tested sports betting tips.


Betbonanza Homepage

© Betbonanza



Customer support on Betbonanza is very responsive and vibrant. Users can resolve their issues using live chats, WhatsApp and other social media platforms or by email as well as a phone call. Customer service agents are usually available between 8:00 am and 10:00 pm.

There is also a well laid FAQs section to help customers with their questions and that goes a long way in resolving some of the issues that may set in, without necessarily contacting the customer care representatives.