The Best Betting Bonuses for Nigeria
- Nigerian Based Casino (Allows Naira)
- Combines Casino with Sportsbet offer
- Unique live casino games
- Option to bet live on a sporting event
- Lots of promotions for new and loyal users
- Plenty of available betting markets
- Large number of games developed by leading software providers
- Easy to use website
- Transactions with cryptocurrencies only
- The 6-level Vip program
- 24/7 available customer service
- In-play betting on sporting events
- Lots of bonuses and VIP program
- Android and iOS applications
- In-play and live streaming of sporting events
- Adaptability to new and old mobile devices
- A large number of betting markets
- In-play betting is available
- Betting on virtual sports is offered as well
- The minimum deposit is only 100 NGN
- Great Sports betting and Live Casino
- Over 80 payment methods
- Nice bonuses for new and existing customers
- A full section of promotions and bonuses
- Frapapa licenced in Nigeria
- In-play wagering function
What are Betting Bonuses?
The Nigerian online gambling market is highly competitive. Countless casinos, sportsbooks, and poker sites are all trying to outdo each other and make themselves look more attractive than the next site. This is where betting bonuses enter the scene. Offers like generous welcome bonuses do a great job of attracting new players while reload bonuses and ongoing promotions give a reason for existing customers to stick around.
As you will soon find out, there are many different types of betting bonuses. Some require customers to deposit funds while others merely require claimants to open a new account. In both cases, players can turn betting bonus offers into real cash in their pockets.
Deposit Bonuses vs. No-Deposit Bonuses
Betting bonuses are usually categorized in one of two ways. No-deposit bonuses let you win real money without committing any of your own funds while deposit bonuses require claimants to make a real-money deposit. There are pros and cons to each of these betting bonus types. While no-deposit bonuses give you a shot at winning money without financial risk, they are generally much smaller and come with stricter conditions. Deposit bonuses might involve a real-money investment, but they tend to be a lot bigger and the conditions are typically a little more player-friendly.
Then there is the issue of availability. If you are even remotely familiar with online gambling sites, you probably already know that almost every online betting site offers a first deposit bonus. You can find some truly great betting bonuses by checking out our in-depth reviews and bonus offers. Nigerians can cash in on thousands of dollars in betting bonuses right now. While no-deposit bonuses are always in demand, there are far fewer of them than their deposit bonus counterparts. Nevertheless, you won’t have any trouble finding a no-deposit bonus that you can convert into a nice chunk of real money.
What Do Betting Bonuses Give You?
So, we now know that there are two general types of betting bonuses. These are deposit bonuses and no-deposit bonuses. But what exactly do you get when you claim a betting bonus at an online gambling site? Well, let’s take a look at some of the most common offer types.
Bonus Cash
Bonus cash is one of the oldest, most flexible, and most sought-after bonus types. You can claim a no deposit bonus cash offer to try out your favorite casino games or place a few wagers on sports. While the specifics vary depending on the individual site and offer, bonus cash offers typically follow the same flow. You open a new account, deposit funds, and then the operator matches a percentage of your deposit amount. For instance, you might see a 100% match bonus up to ₦10,000. This means that the operator will double your first deposit up to ₦10,000. If you claim the bonus and deposit ₦1,000 then you’d get an extra ₦1,000. A ₦5,000 deposit would net you an extra ₦5,000 while a deposit of $ ₦10,000 or more would earn the maximum bonus amount of ₦10,000.
The thing is that you can’t simply claim the bonus money and run off with it. You must first satisfy a variety of bonus terms and conditions. Perhaps the most significant of these T&Cs is the wagering requirement which is often called the rollover. This refers to the number of times you need to wager the bonus amount before you can actually withdraw your bonus cash. Let’s say that you claim ₦10,000 in bonus cash and it’s subject to a 10X rollover. This means you need to stake ₦100,000 in wagers before the operator will allow you to cash out the bonus amount.
Of course, you will almost certainly encounter a few other conditions such as game restrictions and time limits. If you claim a cash sportsbook bonus, you’ll likely be limited to wagering on certain events with minimum odds. You must also consider that people who use certain payment methods or live in particular regions may or may not be eligible.
Free Spins
If you like playing slots, then a free spins betting bonus is perfect for you. As is the case with bonus cash, you can claim free spins through both deposit bonuses and no deposit offers. As you might expect, the no deposit variety of free spins bonus is often a lot smaller than the free spins packages you can claim when you make a deposit. Whereas a no deposit offer might give you 10 or 20 free spins, a first deposit offer might give you well over 100 free spins.
Free spins are exactly what they sound like. When you play real money slots, you stake each spin using the money in your betting account. With free spins, the operator stakes your spins. If you lose, then you really haven’t lost anything. However, many people who have won using free spins have enjoyed spectacular payouts.
Operators usually disburse free spins winnings in one of two ways. They will either credit the windfall to your withdrawable balance, or they credit it to your bonus account.
If the money goes into your withdrawable balance, then it’s no longer subject to any restrictions and you can withdraw those funds right away. This is much more preferable to having your free spins winnings credited to your bonus account. This is because that money is subject to wagering requirements and other conditions.
Free Bets
Free bets are a bookmaker’s version of free spins. Instead of having to stake a sports bet using your own money, the stake is covered by the house. This virtually eliminates any financial risk. If the best loses, then it doesn’t cost you a thing. If it wins, you have some extra profits to play with.
Free bet offers normally work in the following way. You open a new account, claim the free bet bonus, and then deposit funds into your account. You must then place one or more qualifying bets. Once the bests have settled, the bookmaker automatically credits the free bets to your account.
Let’s look at a prototypical Bet ₦5,000 get ₦10,000 free bet offer. You create an account and claim the free bet bonus when you make your first deposit. You then stake your first ₦5,000 wager. Once the qualifying wager settles, the ₦10,000 in free bets will appear in your account.
Of course, free bets come with a variety of restrictions and limitations. For instance, you might only be able to use your free bets on specific sports or events. You will almost certainly have a minimum odds requirement to deal with too. You could even find yourself limited to using your free bets on multi bets with long odds.
Risk-Free Play
Risk-free play offers remove the financial risk associated with playing real money casino games. Well, for a short period of time at least. With a risk-free play offer, the online casino will reimburse a percentage of any losses incurred during the introductory period. In a lot of cases, this means the first 24 hours although that timeframe varies depending on the offer.
Imagine you find a risk-free play bonus up to ₦400,000. You sign up, claim the bonus, fund your account, and start playing your favourite games. If you end up winning money over the promotional period, then you simply collect your winnings and the offer expires. If you end up taking a net loss over that period, the casino will reimburse your losses up to ₦400,000.
The best risk-free play bonuses credit the refund to your withdrawable balance. However, some will credit it to your bonus account which means you must satisfy the bonus terms before you can withdraw the refunded cash. You might even come across a risk-free play deal that gives you free spin credits in lieu of cash.
Enhanced Odds
Enhanced or boosted odds bonuses are becoming quite trendy at online sports betting sites. We’re not talking about some small price boost here. Some of these enhanced odds welcome offers can be very lucrative. After signing up, claiming the bonus, and depositing funds, Nigerian punters select the event they want to bet on. Instead of getting the standard price, the punter receives heavily inflated odds. For example, instead of getting the Toronto Maple Leafs moneyline at 1.75, the bookie might give it to you at 10.00 or higher. Such a betting bonus is a fun and easy way to jumpstart your bankroll.
Betting Bonus Terms and Conditions
You will inevitably find two or more offers that look exactly the same. For instance, three different online casinos could be offering a 100% match welcome bonus up to ₦10,000. While they look the same on the surface, you can be certain that you’ll find some pretty significant differences once you take a closer look at each one.
As mentioned earlier, one of the most important T&Cs is the wagering requirement. In other words, it’s the number of times you must wager that ₦10,000 bonus to make it eligible for withdrawal. The higher the rollover, the less likely you are to successfully cash in on the offer. In fact, some rollover requirements are so ridiculously high that they almost guarantee that you will lose money in your pursuit of the extra money. Imagine if that ₦10,000 bonus had a 50X rollover? This means you have to place a staggering ₦500,000 in wagers to cash in the bonus. Considering the house edge, you can expect to lose more than the ₦10,000 you stand to gain. On the flip side, a 5X or 10X rollover gives you a realistic chance of producing a net gain from the bonus offer. Always look for betting bonuses that have the most lenient wagering requirements.
The bonus terms and conditions don’t just lay out the rules of the offer. They also give claimants a lot of insight into the betting bonus’s real value. Again, a ₦10,000 bonus with a 50X rollover is more likely to cost you money instead of making some. This obviously makes such an offer quite unattractive. Conversely, that same ₦10,000 bonus with a 5X rollover is a pretty awesome deal as you are forced to risk a lot less of your own money.
We can’t understate the importance of reading and understanding the terms and conditions that are attached to any betting bonus. Doing so will ensure that you know what your obligations are and give you the best chance of making something out of your bonus.
Regular Promotions
We should also point out that the top online gambling sites feature VIP and loyalty rewards programs. The more active you are, the bigger and better the rewards. Aside from the bonuses, VIP members can take advantage of expedited withdrawals, higher limits, retail gifts, and higher loyalty point redemption rates. The best VIP programs are very worthwhile for high rollers and small fish alike.
Bonus Codes
The most important thing to know about bonus codes is that you need to enter the correct one. A lot of operators have many different bonuses on offer at any given time which means they have several different prom codes. You can usually find the right code by checking out the offer’s details at your online betting site.
Other Things to Consider When Searching for a New Online Gambling Site
Moreover, they like to see licenses from highly respected regulatory entities like the UK Gambling Commission, Malta Gaming Authority, and Curacao eGaming. Why? Well, because these agencies make sure that the betting sites in their jurisdictions operate to the highest standards. They provide players with the highest levels of player protection and they make sure that player funds are always safe and available for withdrawal.
We also take a deep dive into what these sites have to offer in terms of betting opportunities. With online sportsbooks, we prefer bookies that offer the best odds on the widest range of sports and betting markets. Meanwhile, we expect serious online casinos to offer a collection of games that is both large and diverse. There is little point in signing up at an online casino if it doesn’t feature the games you want to play. The same logic applies to online bookmakers and even poker sites.
It should go without saying that any site you play real money games at should be as secure as they come. We fully expect that the sites we cover use the latest internet security technology including firewalls and SSL encryption. This ensures that any information you provide is heavily fortified and can’t be accessed by nefarious third parties. You definitely don’t want to go through the hassle and inconvenience of a data breach.
Cashing in on a betting bonus can be quite uplifting. Unfortunately, unreasonably long pending periods and processing times can put a damper on the celebration. Our top fast payout sites make sure to process your withdrawal requests as fast as humanly possible. Some of the fastest payout gambling sites will get you your money within an hour or even mere minutes.
We put a lot of stock into customer service. These days, it isn’t nearly enough to offer limited customer service hours. Nor is it enough to relegate customers to email. The best gambling sites offer 24/7 support and their agents can be reached immediately using live chat, the telephone, or both. We should also point out that the best online casinos, sportsbooks, and poker sites support a full spectrum of Nigerian-friendly banking options. Credit cards, debit cards, online banking, eWallets, and vouchers are some of the most popular payment methods for Nigerians.
Betting Bonuses for Nigeria FAQ
The best type of betting bonus depends entirely on you. If you only play real money video slots, then a free spins bonus is probably the best choice. If you like playing a wide range of casino games, then you might be better off claiming a cash bonus.
While the exact steps will differ from site to site, you can usually claim your welcome bonus when prompted during the registration phase or when you make your first deposit. Be sure to check out the bonus’s T&Cs as they’ll tell you everything you need to know about how to claim the offer.
In most cases, sportsbook bonuses must be used for sports bets while casino bonuses must be used in an online casino. With that said, you may find a cash bonus offer that can be used in both verticals.
You can find the best betting bonuses right here. We scour the internet to find you the most valuable bonuses from the world’s leading online gambling operators. We give you access to all types of bonuses and promotions.
No. You usually need to opt-in or provide a bonus code to claim a betting bonus. If you don’t want to participate, then you can simply not opt-in or not provide a bonus code. If you accidentally claim an offer that you don’t want, we suggest you contact the operator’s support team right away to cancel it.
