Note: this bonus is currently not available. Alternatively, all new customers are credited with a ₦500 freebet following registration and account verification. No deposit is necessary for this. The verification must take place within 7 days after registration.


Betking, in its quest to remain every punter's choice, has redesigned its welcome offer for new users. Now, you can enjoy 5 times cashback on your first, 3rd, 5th, 7th and 11th sportbook bet. Given how risky betting is and the pains that come with losing your funds, the Betking 5x cashback offer is here to shield you and give you access to consolatory money even after your first bet is settled as lost. It's important to point out, that only accumulator bets are eligible for this Betking bonus. You'll find some inspiration on our multibet prediction site.

This offer is exclusive to new customers who have gone through the registration process, credited their account and placed their first real money bet. So, if you fit into this category, there is 50% cashback spread into 5 places on your 1st, 3rd,5th, 7th and 11th bet. On each of these bets, if settled lost, you would get 50% of your stake up to ₦ 5,000.

Betking 5 times Cashback bonus for new members
© Betking

As one of the most trusted bookmakers in Nigeria, Betking is helping you start off your betting journey on a positive note with this generous 5 times cashback offer. In each of your 1st, 3rd, 5th, 7th and 11th bet, you must have at least 5 events with minimum odds of 1.20 and maximum odd of 1.70.

All eligible bets will receive the Bonus Cash Back within 24 hours after bet settlement. Once your bets meet the above criteria, the cashback will be paid directly into your BetKing account.

Also, there are no wagering requirements attached to money you would receive, meaning it can be scooped at any point you desire as long as it up to the minimum withdrawal amount on Betking.

Bonus type

Cashback Bonus

Minimum deposit

NGN 100



Maximum bonus

NGN 5,000

Payment Methods

  • Visa
  • Mastercard
  • More
  • Quickteller
  • Paystack
  • OPay
  • Interswitch

Bonus code

no bonus code is required

Turnover requirements

Register a new Betking account and make the required minimum deposit using any of the payment methods above.

Once that is done, go to the sports book section, select 5 games with a minimum odds of 1.20 and maximum odds of 1.70. If your first bet loses, you will get 50% of your stake amount - up to ₦ 5,000 per bet. The same applies to your 3rd, 5th, 7th and 11th bet.

Min. odd


Available in

  • Nigeria


  • Nigeria Sports betting
  • LSLB Online Sport Betting

Valid until



The Betking 5x cashback bonus is an umbrella to protect newly registered users from the pains of losing their first bet. Asides your maiden bet on the platform, you have the luxury of enjoying more cash on your 3rd, 5th, 7th and 11th wager. This means you can rest assured that if you lose your stake in that order, there is still some sort of compensation for you.

Although the maximum amount is relatively small, it can come in handy for personal expenses and other betting exploits.

Pros and Cons

  • No wagering requirements
  • Minimum stake is affordable
  • Cashback available 5 times
  • No real welcome bonus
  • Maximum amount low


Make at least 5 multibet selections with minimum odd of 1.20 and maximum odd of 1.70 on your 1st, 3rd, 5th, 7th and 11th bet.
  • If you wager ₦100, you would get ₦50 as cashback.
  • If you place a bet of ₦300, you will be given ₦150 as cashback.
  • If you stake ₦2000 you receive ₦1000 as cashback.
  • If you place a bet of ₦10,000 you receive ₦5,000 as cashback.

Get your Bonus in 3 Steps

Step 1

Register your Betking account and curate an accumulator bet with at least 5 or more selections.

Step 2

Ensure each selection has minimum odds of 1.20 and a maximum odds of 1.70. Place a minimum stake of ₦100.

Step 3

If you lose, you would be getting 50% cashback on your initial stake amount.