Welcome bonus offers in Nigeria come in different shapes and sizes and have varying degrees of reliability and authenticity. Once you have done your research and figured out the best betting site for football betting, the next important step is to evaluate their loyalty rewards and bonus programs.
Best Welcome Bonuses At Nigeria Betting Sites October 2023
- Great Welcome Bonus
- Easy to Navigate Website
- Variety of Promotions and Bonuses
- Fast Withdrawals
- 5x Turnover of Your Bonus
- Min. Odds of 1.4 or Higher
- 30 days to Fulfill the Bonus
- Operating Since 2007
- High Wagering Limits
- Mobile App Available
- User-friendly Design
- Excellent Loyalty Club
- Seamless Interface
- Excellent Promotions
- Dedicated Virtuals Section
- E-sports
- ACCA Betting
- Asian Handicap
- Highly competitive odds
- In-Play Betting
- Global standards
- Diversified sportsbook
- Brilliant Cash-Out Feature
- In-Play Betting Section
- Accepts Naira
- Nigerian Deposit Options
- Fast Payouts
- Low Minimum Deposit
- Oprating Since 2006
- Live Betting
- Live Streaming
- Cash Out Available
- Live Betting
- Cash Out Available
- Low Minimum Deposit
- Generous Welcome Offer
- Broad Sports Selection
- Live Streaming
- Bet Builder
- Wide Range of Esports Markets
- Fantastic In-Play Service
- Live Chat Support
- AH Betting
Many bookies offer welcome bonuses to customers who sign up at a website and is usually in the form of free plays, matching a percentage of the deposit, or additional funds players can use to bet.
Betting Welcome Bonus Explained
The welcome bonus is the most common type of offer that is available at sports betting websites. Welcome bonus is a term that takes into account anything which is rewarded when a player starts an account with a betting operator. The reason why operators offer these rewards is that they want to attract new members. Punters need to understand that this type of bonus comes with specific requirements that need to be met before players can cash out.
Advantages and Disadvantages of a Welcome Bonus
Taking advantage of welcome offers at online bookies has its benefits and setbacks. Here are a few to take note of.
Advantages
- Players enjoy risk-free winnings
- An excellent opportunity to try new games
- Players can get a high offer
Disadvantages
- Some offers have high wagering requirements
Welcome Bonus Variations
There are different types of welcome offers available at online bookmakers, and they have different terms and conditions.
Matched Deposit Bonus
A deposit match bonus is offered to punters when signing up at a bookmaker. With this promotion, a bookie matches part of your initial deposit and then rewards the same amount in bonus funds. Players can use this deposit to wager on different games offered by a bookmaker. For example, when a sportsbook offers a 20% match on your first deposit up to $1,000. So, if you deposit $1000 will get a bonus credit of $200.
Odds Boost
There are instances where a bookmarker temporarily increases the betting lines on particular outcomes. This is known as boosted odds or odds boost or enhanced odds. These types of odds can significantly increase a punter’s payout, and they are available on different bet types such as money line, point spread, totals, and over/under wagers. Boosted odds are designed to encourage bettors to wager on games that they hardly ever interact with.
Free Bets
There are instances where bookies reward players with free bets or free plays. These types of bets are an excellent way for gamblers to try out games that they usually would not consider trying if it was their own stake. However, a free bet is only offered to a player who has met the betting website’s requirements.
Cashback
Punters who frequently place wagers on an online platform can sometimes receive back a percentage of their losses. A Cashback Bonus on net losses is only generally provided to loyal players at a sportsbook.
Welcome Bonus Terms and Conditions
Before any sports betting fan can grab a welcome offer at a bookie, they should familiarize themselves with different terms and conditions.
Time Duration
Players have to understand that welcome bonuses have a validity period. So they should use the bonus offers and fulfilll all the wagering requirements within a particular time duration. Importantly, failure for any player to meet the wagering requirement within a certain period means that they will lose their winnings.
Rollover
The rollover requirement is the number of times a punter should book a bet before they can make a withdrawal. For instance, you may find a 6X rollover requirement attached to a 60% deposit bonus offer. This indicates that you have to wager your own money and deposit bonus six times before you can withdraw.
Minimum Odds
Minimum odds refer to the lowest odds players can bet before converting a bonus to cash, these usually range from 1.5 to 2.0. It’s still possible for punters to bet on lower odds than the set minimum. However, these bets don’t count towards the rollover requirement.
Maximum Payout
The maximum payout varies significantly between a betting website, with many large companies having the resources to offer higher payouts. Punters who place big accumulators can easily hit the payout limits, especially if they choose to mix events. This is because the payments are capped with respect to the sport that has the lowest maximum.
Deposit Required
Before punters can place bets on the sportsbook of their choice, they’ll need to make a deposit. The minimum deposit punters can make varies among bookmarkers, but in most cases, the required amount depends on the method used in making a deposit. Many sports bettors prefer eWallets and credit cards because they have low minimum deposits and lower fees.
Payment Methods
Credit cards are the most popular payment methods players can use at bookmakers before claiming a welcome bonus or withdrawing their winnings. E-wallets are the other popular method where players need to open an e-wallet account and deposit using popular payment methods such as debit or credit cards. PayPal is another convenient option that enables users to keep their money in a digital account, just like e-wallets.
Learn the Different Welcome Bonus Offers at Online Sportsbooks
Players looking to grab a welcome offer need to understand that such offers are only available once to punters. The principle behind such offers is simple, to attract new players to sign up for a bookie. Betting sites with a welcome bonus offer a specific advantage to new players, and this can either be in the form of an increase in their first deposit or a free bet.
Claim the Bet9ja Welcome Bonus in 5 Easy Steps
- The first step to claiming a bet9ja welcome bonus is to visit the bookie website.
- Players need to sign-up for a new account by entering their personal information and finally input the Bet9ja promotion code SPORTMAX.
- They should then make an initial deposit of at least 100 Naira.
- Players will receive a 100% match deposit bonus and one free bet up to 100,000.
- Before making any withdrawals, players should place bets that are ten times their deposit and have odds of 3.00.
Highly competitive odds
Diversified sportsbook
Regular promotions
Mobile App
Cash-Out Option
Welcome Bonus FAQ
If you are new to a sports betting website, here are a few questions and answers that can help you get familiar with what to expect on betting platforms.