If you’ve read our Nairabet Nigeria sportsbook review, you’ll already know that the bookie does not offer a welcome bonus for new users. As such, we will be reviewing a different NairaBet bonus, the 500% WIN Bonus, in this article. Like the name already reveals, the 500% Win Bonus gives users the chance to earn up to 500% more money with the participating bets.

Nairabet 500 percent win bonus

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How much it is exactly depends on the number of combined selections. The minimum number of selections you have to combine to take part in this promotion is 5. Each of them has to have odds of 9.00 or higher. An accumulator bet with 5 selections would boost your winnings by 5%. The highest possible boost of 500% can be reached by combining 50 selections in one betslip. Our multibet prediction will help you with the Nairabet bonus.

The active period for the promo will be advertised on NairaBet’s social media and other broadcast channels. Of course, you need a NairaBet betting account, and actual money in your account, to participate in the promo. As usual, there are terms and conditions attached to the usability of the promotional bonus. We take a look at that below.

Bonus type

First deposit bonus

Minimum deposit

NGN 1

percentage

100%

Maximum bonus

NGN 22,000

Payment Methods

  • More
  • Paystack
  • Flutterwave
  • Interswitch

Bonus code

no bonus code is required

Turnover requirements

As stated earlier, the promo applies to accumulator bets with at least 5 selections, as long as this meets the stipulated requirements. Each selections has to have odds of 1.20 or higher. System bets don't count. And you're also not allowed to cash-out the bet early.

The Nairabet Win Bonus amount will be automatically added to the betslip and the winnings will be credited, after all the selections in the betslip have been settled.

Min. odd

9.00

Available in

  • Nigeria

Licenses

  • Nigeria Sports betting

Valid until

May 30, 2025

Time limit

7 days after bonus received

Summary

In an era of massive competition in the sports betting industry, it is surprising to find that the bookie does not offer a Nairabet first deposit bonus to new customers. However, it offers a 500% Win boost promo, that can bring you HUGE extra winnings. Of course you need to take some risk in order to generate those.

Pros and Cons

  • Huge possible bonus amount
  • Easy to use
  • Not a regular first deposit bonus

Example

The percentage gap of extra winnings is massive in this promo. So we'll show you two examples. One with the smallest possible boost of 5% and one with the largest possible boost of 500%.

So let's say you have an ACCA bet with 5 selections and a total odd of 5.0. If you now place the bet with a stake of NGN 1,000, you'd normally win NGN 5,000. But because of the 5% boost your winnings raise to NGN 5,250.

It works the same with 50 selections, just the boost is much, much higher with 500%. So if you place NGN 1,000 on the ACCA bet with a total odd of 100.0, the regular win would be NGN 100,000. But because of the 500% boost, it's NGN 600,000.

Get your Bonus in 3 Steps

Step 1

Register on NairaBet. We have provided the registration steps in our Nairabet betting review.

Step 2

Make sure you have deposited funds into your account.

Step 3

Place an ACCA bet between 5 and 50 selections (each with minimum odds of 1.20).