Last updated August 3, 2023

BetBonanza has been around since 2014. This operator is licenced by the state lotteries board, and it has a positive reputation among bettors in Nigeria. This betBonanza review takes a much closer look at the sportsbook and casino. You’ll see exactly what betBonanza has to offer and how it compares with the other top betting companies in this country such as Betano and 1xBet.

Betbonanza reviewOur rating
Welcome offer sport100% up to ₦100,000 + up to 50 free spins
Welcome package casinoN / A
Markets4.8 / 5
Odds4.0 / 5
Steaming/Live options4.0 / 5
Mobile app4.0 / 5
Payment options4.5 / 5
Customer service4.7 / 5
Average grade4.3
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BetBonanza Sports Review – 4.3 / 5

In keeping with other betting sites in Nigeria, betBonanza offers a matched deposit bonus for sports bettors. Plus, you also get a stack of free spins so you can try out the casino.

100% up to ₦100,000 + up to 50 free spins – 4.5 / 5

New customers using the betBonanza promo code can take advantage of the welcome bonus, which is worth 100% up to ₦100,000. Depending on the amount of your first deposit, you also get free spins on one of the top slots in the betBonanza Casino.

Deposit amountNumber of free spins

Overall, the bonus is fair, and it compares favourably with that of other bookmakers. The minimum deposit amount (₦100) gives everyone a chance to claim a share. Also, the qualifying odds for the wagering are reasonable.

betBonanza Welcome Bonus

BetBonanza Sports Welcome Bonus – Terms and Conditions

If you’re interested in this bonus, there are some terms and conditions to be aware of. We’ve summarised the main points here:

  • Only available to new customers making their first deposit.
  • Then, the minimum deposit is ₦100, with the maximum amount awarded of 100% up to ₦100,000.
  • To withdraw winnings from the bonus, it must be wagered 10x at odds of 1.85 or above.
  • Also, players have 30 days to complete the turn-over requirement.
  • Lastly, there are no wagering requirements on the free spins, but the sports bonus wagering must be complete before a player can withdraw any winnings.

Betting Markets / Available Sports on betBonanza – 4.8 / 5

When you register an account with betBonanza, you have access to betting on almost 30 sports, with events coming from all over the globe. Among the options you have are:

  • Soccer,
  • Basketball,
  • Ice hockey,
  • Tennis,
  • Baseball,
  • Golf,
  • Rugby,
  • Cricket,
  • Volleyball,
  • Handball,
  • E-sports.

In addition to mainstream sports, there are also markets for bandy and politics, among others. The variety of betting options is above average for Nigerian betting companies.

Also, our betBonanza review noted plenty of depth to each sport. For instance, it offers pre-match betting on more than 1,200 soccer matches spanning all of the best competitions like the Champions League, Europa League, EPL, the World Cup, La Liga, and Serie A. Besides soccer, you can find basketball, tennis, golf, ice hockey, volleyball, and a host of other sports from many different countries.

Moreover, match markets are abundant. Premier League soccer offers 1,300 bet selections per fixture, NBA games boast 180 match markets, and top tennis matches have 80 – 90 markets. Undoubtedly, this sportsbook is extremely comprehensive in every detail.

betBonanza Betting Markets

BetBonanza Casino Review – 4.2 / 5

Some online casinos in Nigeria are merely an addition to the sports betting product. However, that’s not the case with betBonanza. Its casino has more than 550 games provided by well-known developers like Pragmatic Play and Endorphina.


Players can login and enjoy 25+ jackpot slots. These include Super Multitimes Progressive, Absolute Super Reels, Mustang Gold, and Lucky Dragon. After you register for betBonanza, you can see the current prize totals of each progressive.


With more than 500 video slots, players are guaranteed an action-pack casino gaming experience at betBonanza. The range of themes is diverse, and there are many different ways to win. Whether you like Megaways or classic 3-reel slots, this casino has something for you.

Table & Card Games

There are multiple variants of roulette, blackjack, video poker and baccarat. So, the table games category has enough options to satisfy the most ardent players. Additionally, there is a tab for Betgames, which are streamed live 24/7. Among the live Betgames are Lucky 5, Lucky 7, Bet on Poker, Baccarat, Wheel of Fortune, and Dice Duel.

betBonanza Casino

Odds on BetBonanza – 4 / 5

To see where betBonanza stands in regards to offering betting value, we calculated the odds on the 1X2 market for the UEFA Champions League game between Atletico Madrid and Manchester United.

  • Atlético Madrid: 2.50 (40.00%)
  • Draw: 3.00 (33.33%)
  • Manchester United: 3.10 (32.25%)

The percentages in brackets are the implied probability of each outcome. By adding these together, we get a total of 105.58%. Next, subtract 100% to finish up with the bookmaker’s margin, which for this betting market is 5.58%.

Based on this, the odds are acceptable, but it pays to look around as you may find better value elsewhere.

Streaming and Live Betting on BetBonanza – 4 / 5

betBonanza offers live betting on many sports, including soccer, e-sports, basketball, cricket, tennis. There are plenty of events to choose from, with action happening around the clock.

What impressed us was a large number of in-play betting markets. You have soccer games with 400+ markets, tennis matches with 70+, and cricket with more than 100+. However, the drawback is that the platform is rather bland. There is no match or livescore centre, and currently, betBonanza doesn’t offer live streaming.

BetBonanza Review Mobile App – 4 / 5

There isn’t a dedicated betBonanza mobile app, but that shouldn’t deter you from taking a closer look at this exciting bookmaker. The platform is optimised for mobile web users. Thus, the layout adjusts to the screen size of your device.

Effectively, betBonanza mobile customers are getting the same high-quality sports betting experience, but in the palm of their hand. You have access to the same sports, events, and markets. Furthermore, all promotions are open to mobile bettors, and there’s a good list of mobile-friendly payment methods.

BetBonanza Review Nigeria – Payment Options 4.5 / 5

Customers can choose from a plethora of fast and secure payment methods for adding funds to their accounts. These are the options with no transaction fees:

  • Paystack,
  • Opay,
  • WebPAY,
  • GT Pay (Card, Bank & 737 Banking),
  • Deposit in bet shop (cash),
  • Palmpay,
  • Quickteller Paypoint.

There are other banking options, but you must pay a small fee. For example, if you use the GT Mobile app or GT Online, you are charged ₦50. Alternatively, there’s a ₦100 charge for using Quickteller Web, ATM, or the Quickteller App. This may not seem like much, but the fees will add up over time.

How to Contact betBonanza Customer Care? 4.7 / 5

betBonanza’s customer service is easily accessible if you ever have any questions. You can reach out to this operator via:

  • Live chat,
  • Telephone: 018888886,
  • WhatsApp: 2349062929962,
  • Email:,
  • Contact form on the website.

Customer support is operational every day (08:00 – 22:00). WhatsApp messaging and live chat are the most popular methods of contact as you get an instant answer. However, any queries left after 10 PM will be dealt with the following day.

BetBonanza Review: Our Verdict – 4.3 / 5

When you login to your betBonanza account, a world of sports betting is at your fingertips. Moreover, you can enjoy a generous 100% match deposit bonus of up to ₦100,000 and up to 50 free spins.

Like all betting companies, this site has its strengths, and also areas that could be improved. Below is an overview of our findings after completing this review.

✔️ What we like❌ What we don’t like
Plenty of bonuses & promotionsNo mobile app
Wide range of sports & marketsNo live streaming
500+ slots