The Nigerian betting site BetBonanza is rewarding its new customers with an attractive Welcome Bonus offer of 100% on your first deposit up to ₦100,000. The bonus is activated immediately you make your first deposit after signing up with Bet Bonanza. There are several payment options you can use to deposit funds into your Bet Bonanza account. These include Visa, Mastercard, Verve, Interswitch, and GT Bank. There are two ways through which you can activate the bonus using the bonus code FIRST100 within the first 7 days after the registration.

First, you can click on your preferred deposit option and enter the bonus code (FIRST100) before you make a deposit. Alternatively, you can start by making your first deposit and then use the drop down menu to click on bonuses. Enter the bonus code FIRST100 in the box provided and click submit. After making a deposit, you are requried to activate the bonus immediately before placing bets, otherwise you will not be able to activate the bonus again.

There are certain terms and conditions that are related to the Welcome Bonus from BetBonanza. You have to wager the bonus amount 10 times within 30 days after the deposit before the money can be withdrawn. Choose pre-match and/or live bets as your sports betting strategy. The minimum odd to qualify is 1.85. The maximum stake for each bet is determined with 20% of the original received bonus or ₦10,000 - whichever is higher.

BetBonanza 100 percent registration bonus© BetBonanza

The welcome bonus is applicable to one customer account and can only be used once as long as the bonus conditions are met. The one customer account requirement applies to a shared household, computer, or IP address, including other places that may have a shared computer such as offices and libraries. All winnings arising from using the bonus offer are treated as bonus winnings. You cannot receive payouts on bonus winnings until all the bonus terms and conditions are met. Bet Bonanza will cancel any bonuses and winnings that have been obtained through fraud or if you are found to have misused the bonus offer in any way. In some cases, Bet Bonanza may take legal action against customers who are involved in fraud related to the welcome bonus and other betting activities on their website. The bookmaker also reserves the right to amend the bonus terms and conditions through a notice given on its website.

sports betting at betbonanza© Betbonanza

There are several other promotional and special offers from Bet Bonanza. Visit our page and learn more about Bet Bonanza and their wonderful rewards for customers. Our page also has reviews of other bookmakers. Read and find out what the betting companies in Africa have in store for you as a customer.

Bonus type

First deposit bonus

Minimum deposit

NGN 100



Maximum bonus

NGN 100,000

Bonus code

Turnover requirements

Once you sign up with Bet Bonanza, make your first deposit and you can activate the welcome bonus using the bonus code FIRST100. You are required to activate the bonus before you start placing bets otherwise you will not be able to activate it again. The welcome bonus can only be used for sports betting. All the bonus terms and conditions must be fulfilled before you can get pay outs on bonus winnings.

Min. odd


Available in

  • Nigeria


  • Nigeria Sports betting
  • LSLB Online Sport Betting

Valid until



New customers signing up with Bet Bonus get a welcome bonus of 100% on their first deposit up to ₦100,000. This is a huge amount in free bets that can boost your winnings. There period indicated to use the welcome bonus ist limited to 7 days after the registration and the time to fullfill the bonus requirements is limited to 30 days. For us it's a quite narrow time frame that could be a little bit longer. The few restrictions on the types of bets you use place with the bonus amount (pre-match or live, minimun odd 1.85, stake max. 20% of bonus amount and not higher than ₦10,000) are acceptable.

Pros and Cons

  • Huge bonus amount up to ₦100,000
  • No minimum deposit indicated
  • Bonus only used for sports betting
  • Only one chance for activation of bonus


After you complete the sign up process, you can make your first deposit up to ₦100,000. For example, if your first deposit is ₦5,000 you will get another ₦5,000 added to your Bet Bonanza account for free. The minimum deposit amount is ₦100. You can activate the welcome bonus using the bonus code FIRST100. Make sure you activate the bonus before you starting betting otherwise you will not be able to activate it again. There is a activation period indicated for the BetBonanza welcome bonus of 7 days. You can only withdraw your bonus winnings after fulfilling all the bonus terms and conditions within 30 days after receiving the extra money.

Get your Bonus in 3 Steps

Step 1

Sign up with Bet Bonanza as a new customer for free and make your first deposit.

Step 2

Use the bonus code FIRST100 to activate the welcome bonus. Your account will be credited with a 100% welcome bonus matching your first deposit amount up to ₦100,000.

Step 3

You can use the welcome bonus for sports betting only. There are no restrictions on the types of bets you can place using the bonus. However, you only get pay outs on bonus winnings after all the bonus terms and conditions have been fulfilled.