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BetBonanza bookmaker review

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Pros

  • Competitive Odds
  • 
Wide range of sports markets
  • Generous bonuses
  • Mobile responsive website

Cons

  • Limited payment methods
  • Not many ongoing promotions
  • Unavailability of a mobile app
  • Limited customer service hours
Bookmaker has a license for this country

Sports selection — normal

We calculated the margin for BetBonanza by analyzing the odds they offer. We further ranked them in one of the following three categories:

From 1% to 5%: Low

From 5.01% to 7%: Normal

From 7.01% to 10%: High

Football

We got our results by taking into account the odds for final result outcomes measured in line with the over / under for different football leagues. Getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker. 

BetBonanza has an overall average margin of 5.6% and falls in the normal category. In the first section with Spanish La Liga and Seria A, the margin is at 5.58%. With Premier League and Championship, in the second section, the margin is at 5.18%. Finally, taking the Netherlands Eredivisie, Polish Ekstraklasa and Austrian Bundesliga into account, the margin is at 6.03%.

Bookmakers margins


Betting options — good

Unlike many other bookmakers, Betbonanza is still relatively new (2014) and doesn't offer as many options as the bookies who have existed far earlier.

In all, punters can select from around 20-30 sports and dozens of leagues around the world. With the most prominent being the likes of football, basketball, baseball, tennis.

BetBonanza also offers odd on several other sports including Ice Hockey, Volleyball, Handball, American Football, Rugby League, Formula-1, Cycling, Cricket and nontraditional events like Snooker, Darts and a host of others.

They also offer a variety of Esports competitions to pick from for the Esports lovers.

Football is the most prominent sport in Nigeria and it's not surprising Betbonanza comes in with much emphasis on Football as well.

They cover major football competitions like the Premier League, Ligue 1, Championship, Bundesliga, Serie A, UEFA Europa League, Eredivisie, Club Friendlies and the UEFA Champions League.

BetBonanza also spans through dozens of other international football leagues including the MLS.

Football fans have thousands of markets with regard to football betting opportunities. They also have a wide range of options when it comes to basketball. Aside from the NBA and NCAA, BetBonanza accepts bets on a wide variety of basketball leagues such as the World Cup, International Friendlies, Euroleague, SBL Women and many more.

BetBonanza also has a unique statistics page that shows a lot of detailed stats regarding match events from team form to head to head and goals scored in the Football market. This helps punters make more feasible decisions based on relevant stats.

Live — good

 Live betting continues to be a game-changer from bookies and it is a standard at BetBonanza. The idea is pretty simple. Customers can place bets while a game is in progress. This gives the opportunity to salvage their losing bets or double down on winning ones. Although you have to be quick enough because the odds are constantly shifting.

Placing a live in-play bet at BetBonanza is simple. Click or tap on the “Live” button at the top left side of the main page and then select the sport and the particular game from the menu.

You will be displayed a few basic betting options coupled with a link to other available bets. Your bet slip instantly appears on the right of the screen when you select a bet. Enter your wager amount and submit your bet. Now, relax and hope to get yourself a good win.

One of the features that make in-play betting even more enjoyable is the live streaming option. However, BetBonanza does not offer this at the moment. Maybe sometime in the future.

There is also a swift cash-out option that customers can take advantage of. You can cut losses on your bet slip by cashing out a percentage of expected total winnings when the game is looking in doubt.

Being new among bookies in Nigeria, they still have a lot to improve in terms of the design of their website.

Pros:
Easy to use, good customer service!
Cons:
No mobile app.

Bonuses

100% deposit bonus matched by Betbonanza - ₦100 000

BetBonanza has some great incentives to boost your interest and it all begins with their generous bonus for new customers. Existing customers can also take advantage of special promotions like reload bonuses and other interesting offers.


100% Welcome Bonus

Welcome bonuses are not new to bookies not everyone offers a double of your initial deposit. Thankfully, Betbonanza does.


Their 100% welcome bonus means you get double your initial deposit with the minimum being at 100 Nairas and the maximum amount at 100 000.


The bonus amount has to be wagered 6 times on any sports market including Pre-match and Live before the funds can be withdrawn or used for other betBonanza gaming services. The minimum odd to qualify is 1.85.


Sports Jackpots 


Bet ₦300 with BetBonanza or more and stand a chance to win ₦250,000 jackpot every week!


To win ₦250,000 Weekly Jackpot:

  • Add 10 or more selections to your ticket with total odds of 10.0 or higher;
  • Bet ₦300 or more;
  • Stand a chance to win ₦250,000 every 7 days!


Other promotions include:


  • One Game Cut: Get half your stake back if one game cuts
  • Yakata Bonus: Up to 200% bonus
  • Combo boost: Enjoy up to 40% boost on virtual football.

100% deposit bonus matched by Betbonanza - ₦100 000

BetBonanza has some great incentives to boost your interest and it all begins with their generous bonus for new customers. Existing customers can also take advantage of special promotions like reload bonuses and other interesting offers.


100% Welcome Bonus

Welcome bonuses are not new to bookies not everyone offers a double of your initial deposit. Thankfully, Betbonanza does.


Their 100% welcome bonus means you get double your initial deposit with the minimum being at 100 Nairas and the maximum amount at 100 000.


The bonus amount has to be wagered 6 times on any sports market including Pre-match and Live before the funds can be withdrawn or used for other betBonanza gaming services. The minimum odd to qualify is 1.85.


Sports Jackpots 


Bet ₦300 with BetBonanza or more and stand a chance to win ₦250,000 jackpot every week!


To win ₦250,000 Weekly Jackpot:

  • Add 10 or more selections to your ticket with total odds of 10.0 or higher;
  • Bet ₦300 or more;
  • Stand a chance to win ₦250,000 every 7 days!


Other promotions include:


  • One Game Cut: Get half your stake back if one game cuts
  • Yakata Bonus: Up to 200% bonus
  • Combo boost: Enjoy up to 40% boost on virtual football.
100 000 ₦
Get bonus

About the bookmaker

Founded in 2014, Nigerian-based BetBonanza has worked diligently to become a gambling operator you can trust. The company strives to put customers and workers first. Being Nigerian based, they have one of the nostalgic feelings of being owned and started in Nigeria itself rather from Europe or other countries at large. They have provided the Nigerian gambling community an entertaining and rewarding experience.

Licensed by the Lagos State Lottery Board, BetBonanza is known for its football prominence and extensive online casino markets. However, the addition of a world-class sportsbook makes them a one-stop-destination for all types of online gambling bettors.

Support service

016317777
2349062929962 (WhatsApp)
8:00 – 22:00

Licenses

  • Lagos State Lotteries Board №: 001370
  • Dated 11th May, 2019
  • National Lottery Regulatory Commission (NLRC) Permit No: 0001026
  • Dated 15 Jan. 2020 - 12 Jan. 2025 (5years)

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Review rating: 0 / 5
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