BETBONANZA BOOKMAKER REVIEW
BetBonanza is a relatively mature Nigerian betting brand, which was founded way back in 2014. They have since then accumulated an enormous community of loyal players. It is safe to say that they are one of the more interesting original Nigerian bookmakers, especially when compared side-by-side with others. Over ten thousand new players register at BetBonanza every month, so we are going to take a look at what’s so special about them.
The first noteworthy thing we were able to find out was the fact that they hold licenses with two different Nigerian regulators. This is something you would rarely see with local brands. BetBonanza is licensed by the Lagos State Lotteries Board (license No: 001370) as well as by the National Lottery Regulatory Commission (permit No: 0001026). This ensures that their legitimacy is definitely covered from all possible angles. Additionally, we were unable to find any substantial and unresolved complaints in relation to the services that they provide, which is obviously a good sign as well. Nevertheless, we are going to check everything ourselves.
As a first-time visitor the first thing you will need to do is register. The registration process at BetBonanza is surprisingly quick and straightforward. You simply have to fill out a rather basic registration form – the only real requirement is to have a valid phone number and email address. Once you complete and submit the form you will be all set to log in and start betting. The entire registration process will take you around 1 minute.
Another cool thing here is the fact that you can use your Facebook or Google account to login – this is possible if the email address is the same as you used for your BetBonanza account. Just click the corresponding logo next to the username box and you will get a sign in a pop-up window.
A good welcome offer is one of the key things to attract new players – you may come because of the bonus, but you will stay because of the high-quality betting service. BetBonanza are well aware of this, so they have quite a generous welcome offer for all newcomers. As a new player you will get a 100% bonus up to ₦100,000 for your first deposit and free bets for your second and third deposits. The total amount of free bets you can claim is 10.
Support might not be that important to you if everything is going smooth, yet if you find yourself in need of assistance – this might become an urgent matter. BetBonanza seems to have gone above and beyond in terms of support – you can get help via live chat, email, contact form, Whatsapp and even phone. Support is available every day (no days off) between 8AM and 10PM. We submitted several tickets just to see how they work and we are delighted to tell you that all our issues were addressed quickly and professionally. All representatives we dealt with spoke good English, which made it very easy to communicate.
BETTING MARKETS AND ODDS
BetBonanza currently cover 25 different sports and more are expected to be added in the future. As you can understand there is never any shortage of games and markets to bet on. Obviously, the focus has mostly shifted towards the most popular sports, especially football which we are going to look into in more detail.
At any given day you will see between 600 and 1000 pre-match football games being available for betting. The number of markets within each game will largely depend on the tournament. As we all know larger and more popular tournaments usually have more markets, while slammer ones are expected to have less. Still, let’s take a look at some numbers to better understand what we can expect here. Regardless of the tournament you can expect a game to have at least 500 different markets open for betting on any game – this number can go up all the way to 1500 for tournaments like the Spanish La Liga or Champions League. It goes without saying, that this kind of rich variety of markets gives you access to all sorts of combinations and special bets.
Now let’s shift our attention over to live betting – we will use football as an example here as well. Live games coverage as we can all understand largely depends on the season, so we will try to outline some average number. You can expect to see between 600 and 1000 live football games covered on a monthly basis. Each individual game will have at least 300 different markets open as the games progresses, it can be three times more for larger and more popular leagues.
SPORTS COVERED BY BETBONANZA
Soccer, Tennis, Basketball, Ice Hockey, Darts, Volleyball, Baseball, Handball, Formula 1, Cycling, American Football, Rugby League, Rugby Union, Aussie Rules, Snooker, Entertainment, Specials, Ski Jumping, Auto-Moto, Cricket, Boxing, Martial Arts, Golf, Table tennis, E-Sports MOBA, E-Sports FPS
DEPOSITS AND WITHDRAWALS
BetBonanza is an original Nigerian betting site, so of course Naira is the main (and only) currency here. This also means that you have access to all go-to local payment options, which makes sure your deposits are quick and withdrawals are stress-free. You can use pretty much any local bank and other payment methods such as Interswitch and WebPAY. Finally, you can handle deposits and withdrawals using cash in any BetBonanza betting shop.
The minimum amount you can deposit is just ₦100.
Withdrawals are free and the minimum amount is ₦2,000.
HOW TO MAKE A DEPOSIT?
After successfully logging in you will see a deposit button on the top bar of the website. Press that button and you will be taken to the payments page, where you can complete the next step.
The payments page will present you with all available payment methods, browse the list and find the one you would like to use. Select your preferred payment option and you will be taken to your payment provider’s gateway.
Now you will be redirected to the payment provider. Here you will need to add any additional required information. For instance, a bank transfer will require you to add your account number and some other details. Essentially, you will just need to follow the given instructions to complete your deposit.
PROMOTIONS AT BETBONANZA
BetBonanza have a pretty decent welcome offer for new players – the percentage is good and the amount looks nice as well. What is most important, you don’t have to make any large deposits to claim the bonus. The minimum possible deposit will already be enough to activate the offer and get your bonus funds.
As is usually expected – you are going to get a bonus upon completing your first deposit. This is a 100% bonus up to ₦100,000. Please make sure to use code FIRST100 in order to claim your bonus. The minimum deposit you have to make in order to get the bonus is just ₦100. That’s the minimum amount you can deposit in general, so there’s no way to miss out on the bonus. Your bonus funds have to be wagered with the odds of 1.85 or higher and the bonus code has to be used within 7 days of making your first deposit.
Minimal deposit: ₦100
Bonus valid for 30 days
Required odds: 1.85
OTHER PROMOTIONS AT BETBONANZA
ACUMULATOR BET BOOST UP TO 225%
You can increase your potential accumulator bet winnings by adding more selections to your betslip. The bonus starts with 5% for 5 selections and gradually increases with every added selection. The bonus you can have for an accumulator bet is 225%, which will apply if you have 40 selections in your betslip.
PARTIAL STAKE REFUND
Even if your bet loses you can still get something back, this offer applies to accumulator bets only. If your betslip has 10 or more selections and you end up losing by just one selection – you will still get something back. BetBonanza will pay you back 10% of the amount you could have potentially won.
ACCEPTED PAYMENT METHODS
GT Pay, WebPAY, Interswitch, ATM, Zenith Bank, Keystone, Heritage Bank, Eco Bank, Citi Bank, Access Bank, Wema Bank, Unity Bank, Sterling Bank, UBA, Union, Stanbic, Skye Bank, Keystone, GTB, FCMB, First Bank, Fidelity
BetBonanza don’t currently have a betting app so both Apple and Android users will need to use the mobile site. This is in no way a disadvantage as the mobile website is extremely well-optimized and in some ways might be even better than an actual app. Let’s take a look at some key aspects and features, which make the overall betting experience superior to some other local brands.
First of all we would like to note the simplicity of design – all things you need to see are usually available on all main screens. For example, the number of betting markets open in a given game, you don’t have to open the actual game to find out – this can be seen on the “overview” page. The same simplicity applies when you open a game – markets are carefully sorted in categories, which you can filter. This makes the interface a lot easier to navigate.
From a technical standpoint BetBonanza have done quite a remarkable job as well – all static page elements are cached in your browser. This means that every time you move from one page to another most visual elements are already present. They aren’t being loaded over and over again, which significantly reduces traffic consumption.
BETBONANZA DESKTOP SITE OVERVIEW
A functional and user-friendly interface is usually a good sign when it comes to betting sites, this will enable you to find exactly what you need in just several steps, markets and selections should be clearly visible and understandable while the betslip part should show all details relevant to your bet and additional options and/or features if applicable. Below are some examples of how www.betbonanza.com online sports betting section and betslip look like.
The desktop website follows all most popular industry standards, which makes it easy to get used to even if you are here for the first time. The “sport selector” menu on the right shows you the number of available games for each sport, so you don’t have to waste any time going into every one of them to find this out. The same applies to betting markets, you can see the number of open markets before you even open a game – so finding one with the most markets is a matter of minutes.
The live betting section is structured and designed in a similar manner to the pre-match section, which we covered above. There is just one addition here – a live scoreboard, which shows you what is happening in the game in real-time. It also has various statistics and a full timeline of the game, so you can look at every action retrospectively.
In general, the desktop site doesn’t specifically stand out in any major way. It does however appear to be a relatively good industry-standard product, which will cater all your basic betting needs.
BETBONANZA BETTING SHOP LOCATIONS
BetBonanza have land-based betting shops all over Nigeria. If you aren’t really into web payments and prefer to use cash – this is exactly for you. You can top up your account, place bets and request withdrawals. All of that can be done using cash in any BetBonanza shop close to you.
BETBONANZA AFFILIATE PROGRAM
BetBonanza offers its players an exciting opportunity to make money together. In addition to betting, you can register as an affiliate and earn commission from every new player you refer. The default deals for new affiliates is a 30% revenue share for all sports betting activity. This is obviously not the highest possible rate, but it is a decent figure especially compared to other local betting sites.
HOW IT WORKS?
If you want to start promoting BetBonanze, then the first thing you will need in an affiliate account. Follow the link below and you will be taken to the affiliate portal, where you can register. Fill out and submit the registration form – please bear in mind that it may take a couple of days for your account to be activated.
As soon as you receive an account activation notification – you are ready to start. Lok in with your affiliate credentials to get your tracking links. If you have a personal blog or a website, where you can post your links – that is likely the best place to start. You can also use your social media account as a platform to start promoting BetBonanza, especially if you are active there and have some followers.
FAQ | FREQUENTLY ASKED QUESTIONS
HOW TO REGISTER AT BETBONANZA?
The registration process is easy and straightforward – first of all, follow the registration link and it will take you to the www.betbonanza.com. Now you will need to press the “Register Now!” button and you will be directed to the registration page. Here you will be asked to enter a few basic personal details including your email address and phone number. Please make sure to enter a correct and valid phone number. You will be able to start betting as soon as you complete and submit the registration form. As a registered user you will be able to use your Google or Facebook account to sign in if your email address matches with the address you have on your BetBonanza account.
HOW TO CLAIM THE WELCOME BONUS?
You have to use a specific bonus code in order to actually claim your bonus after you make your first deposit. The code you need to use is FIRST100. Make sure to use this code within the first 10 days after you make your first deposit.
Free bets are given automatically if all conditions are fulfilled. Your second and third deposits have to be at least ₦1,000 and you have to wager the full amount on sports betting with the odds of 2.00 or higher.
WHAT IS THE MINIMUM DEPOSIT?
The minimum possible deposit amount is only ₦100.
WHAT IS THE MINIMUM WITHDRAWAL?
The minimum amount you can withdraw is ₦2,000.
WHAT IS THE MINIMUM BET?
The minimum accepted stake is ₦50.
DO I NEED TO VERIFY MY ACCOUNT?
You don’t need to do it initially – you can start betting as soon as you register. You will need to verify your identity at a later point when you will be requesting a withdrawal. In other words you will have to complete the KYC process. This is a common practice with any legitimate bookmaker, so don’t worry about it.
ABOUT THE AUTHOR
Paul Echere – a life-long sports fan with a career in the betting industry. Paul has worked with many betting operators and platform providers since the very early days of iGaming. Having years of experience with numerous bookmakers, Paul is in an excellent position to review and rate sportsbook brands. Feel free to follow him on Facebook and LinkedIn to find out what he is up to.