BetBonanza Review

Overall Rating
100% up to ₦100,000
Last Updated: January 5, 2023

BetBonanza Review

BetBonanza Review

Founded in 2014, BetBonanza, a Nigerian company, has worked hard to gain a reputation as a trustworthy bookmaker. The site puts customers and employees first. The work in this direction is to give the Nigerian community of online gambling, as well as to entertain themselves and allow making money. The bookie’s license, issued by the Lagos Lottery Council, is known for its great online casinos.

One of the features is the ability to sell any bet made during the match. It allows you to minimize losses in case the bet loses. Or vice versa, to get a slightly smaller, but guaranteed profit from the chance made.

BetBonanza is one of the few offices where professional players can safely place their bets without fear of blocking the account.


BetBonanza betting markers

Bookmaker offers competitive odds in the Nigerian betting market. Also, the company has a decent number of sports and other events, such as politics. In total, players can choose from 20 games and multiple world championships. The most popular sports disciplines for best bookies in Nigeria are football, basketball, tennis, and baseball. BetBonanza also offers bets on other sports, including:

  • Ice Hockey
  • American football
  • Australian rules soccer.
  • Volleyball
  • Handball
  • Rugby league
  • Snooker
  • Entertainment
  • Policy
  • Auto-Moto
  • Formula 1
  • Cycling
  • Darts
  • Cricket
  • Martial Arts
  • Golf
  • Boxing

Odds quality at BetBonanza

Of course, a wide range of disciplines related to betting means nothing if the coefficients are not competitive.

The bookie has multiple markets fulfilling all the players’ needs. Also, bookmaker makes sure that all teams participating the competition are well analyzed before the odds displayed on the platform. Markets are continually changing, which is something to pay attention to when betting. The chances at BetBonanza are competitive, but it depends on the player’s ability to make the right choice.

The BetBonanza margin is fair enough with 3-4% as margin. The company aimed to make profit to its customers.

App & Mobile version at BetBonanza

Although BetBonanza does not have a unique mobile application, its optimized mobile version can cover any of your needs. As the official website, its mobile version is convenient and very well organized. Large icons make each feature easily visible and accessible, resulting in an orderly cellular betting process. If you are a fan of betting on the go, then the mobile version of the site will surely please you. The mobile site has no exclusive features and contains everything you can find on the leading site. But you should remember that the mobile version of BetBonanza does not allow you to broadcast live matches.

Live betting & Streaming at BetBonanza

With Live betting on BetBonanza, you get access to statistics, the best odds, and unique markets! You can find live games right on the bookie’s homepage and start betting live on the site is secure. The minimum bet is only 3 cents, and the maximum bet can reach 10,000 dollars depending on the event. A variability of actions and game lines will satisfy the overwhelming majority of players. According to the information on the office itself, it offers to bet customers for about 30 sports and use 120 kinds of bets.

Bonuses & Promotions at BetBonanza

BetBonanza has some great ways to increase your profits, and it all starts with a generous welcome bonus. Betters can take advantage of regular promotions such as reboot bonuses and other exciting offers.

The BetBonanza Welcome Bonus allows you to bet online and receive a registration bonus. To obtain the bonus, open a BetBonanza betting account and make your first deposit using one of the BetBonanza payment methods available. Then use the bonus code, and BetBonanza will double your deposit.

Betters who like to play with risk love the Yakata bonus because they can win up to 200% more on winning games. You just need to bet on five or more outcomes. Betters are eligible for the bonus if at least five of them have odds of 1.20 or higher.

A higher bet with higher odds means a higher payout.


Payment method at BetBonanza

BetBonanza offers a comprehensive list of both fast and secure payment methods for depositing, including online deposits and cash deposits via bank branches or betting offices, Arms, or mobile transfers. Online refunding can be made via internationally known and trusted systems like Visa and MasterCard, or local Interswitch and GT Bank. Fees for transaction vary depending on the used option:

  • web payments;
  • betting shop;
  • ATM;
  • GT Mobile App and GT Bank Branch;
  • Quickteller Web, Quickteller Mobile App or USS.

The minimum deposit required for each payment method is ₦100. The maximum — varies from ₦250,000 (for payment methods, like betting points, ATMs, and Quickteller deposits) to ₦10,000,000 (for other systems like GT Bank Mobile App and GT Bank Branch). Withdrawals of winnings are also quiet straightforward. You can get cash the winnings out to your bank account, payment card, e-wallet, etc. All you need to do is pass ID confirmation procedure. All withdrawal requests are process daily from 8 am to 10 pm and can only be made at NGN. The minimum withdrawal is ₦2,000; the maximum is ₦1,000,000 every 24 hours, with no fee charged for the processing.

BetBonanza Support

BetBonanza Bookmaker takes care of its clients, assisting 24/7. You can be sure of the quality and quick response to your problem, because, as we have already mentioned, the specialists are trained in bookmaker’s staff school for work in the support service. There is also a Live Chat, and you can write an email letter.


  • Explicit registration
  • High chances of winning
  • Choice of betting markets
  • Mobile version
  • Customer service time
  • Not a lot of relevant promos
Overall Rating
Look & Feel
Licensing & Safety
Game Selection
Payment Options
Customer Support
Сustomer Reviews
Lagos State Lotteries Board, license No: 001370
100% Bonus up to ₦100,000
Wagering Requirement
No Deposit Bonus
Live Chat
Customer too?

FAQ about BetBonanza

What are the ways to deposit into BetBonanza?

BetBonanza website offers different deposit methods, the minimum deposit of 100. You can find following options on the website:

  • Verve
  • MasterCard
  • Visa
  • Interswitch
  • Quickteller
  • Deposit at the bookmaker’s office

The currency used on BetBonanza website for payments and withdrawals is Nigerian near.

What are the bonuses in BetBonanza?

Betting website is known for generous promotions, which are hosted in both the betting section and casino every day throughout December. The page shows the bonuses that have been available over the last four days. Still, players are advised to check the promotions page daily to see the fresh updates and avoid outdated promos that can be found through the Internet. If you are a registered user, then you can subscribe to email later with bonus notification and new regular promotions.

The most popular for now is Yakata’s bonus, which offers you a reward of up to 200% for every bet you make!

How can I withdraw money from BetBonanza?

There are some ways to withdrawal funds from BetBonanza account. Some of the popular payment channels that do not require any fees are WebPAY, GT Pay, bank or betting shop, and ATM. Also, relevant are GT World App, GT Bank Mobile App, Quickteller Mobile App, or USSD.

How safe is it to play BetBonanza?

The Lagos State Lottery Board licenses BetBonanza. The company has a full tab “responsible for gambling,” which clearly states that no one under the age of 18 years should engage in gambling, as well as some advice on how to keep under control the bad habits of gambling. This section of BetBonanza also includes a 16-question survey that you can conduct to address any potential problems associated with gambling. If there is any trace of a problem, the site encourages users to use its “tools to protect players” to limit their gambling, however frustrating it may sound, there is no more information about these “tools” on this page or in any other section of the site.

4.5 / 5
Welcome Bonus 50% up to ₦20,000
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