betBonanza Betting Site Review

Which Markets Does betBonanza Cover?

There are a total of 27 sports categories to choose from at betBonanza, which is more than enough for an average bettor. This bookmaker made sure to include the most watched sports in its offer. A few of them are football, basketball, and baseball.

Here we must point out that the operator is missing some sports that certain bettors might want to wager on. Among them are horse racing, greyhound racing, badminton, chess, and a few more.

However, betBonanza also features sports categories like tennis, ice hockey, handball, eSports, handball, boxing, table tennis, cricket, snooker, darts, etc. We must also point out that here you will find all of the best competitions and matches in each sport.

One of the best features of betBonanza is that it offers a wide selection of betting markets for popular events. On these matches, you get to choose from over 160 options. Some of the most used ones are the following:

betBonanza also allows you to make use of its Bet Builder feature. The operator didn’t provide details about the maximum odds. But, we can reveal that the maximum winnings in the Lagos state is set at NGN10,000,000. On the other hand, your winnings in the other states shouldn’t exceed NGN50,000,000.

We must also reveal that this sportsbook also has some special markets that you can find on the biggest football matches. There are over 40 such markets, including betting on corners, yellow cards, exact goals, half with most goals for a team, and many more.

Live Betting

At betBonanza, you can also place live bets on your favourite sports. This feature allows you to wager after a match or event begins. You have the opportunity to see how the teams or players perform before you decide on a betting market.

Live Betting at BetBonanza

Sadly, there isn’t a live stream feature at this bookmaker. However, you will find the early cash-out option on most betting markets. It allows you to collect a smaller payout before the match ends.

Promotions

This bookmaker is offering you a chance to claim all kinds of bonuses. The list of promotions is very big and there are bonuses for every type of player. Below we will mention and analyze only a few of them.

• 350% Welcome Bonus: Up to NGN130,000 on your first 3 deposits plus 50 free spins and up to NGN50,000 Virtual cashback
• UCL Freebet Offer: Get a NGN200 free bet for wagering on any UCL fixture
• Tuesday Reload: Receive a 50% match deposit bonus on a Tuesday
• One Game Cut: Collect 10% of your winnings when one game cuts your bet slip

As a newly registered player at betBonanza, you can apply for the 350% welcome bonus. It rewards your first 3 deposits with up to NGN130,000, 50 free spins, and up to NGN50,000 Virtual cashback. To apply you must use the bonus code CODE200 and place a minimum of NGN100.

Place a bet of NGN500 on any UCL match and receive an NGN200 free bet. This promo requires total odds of 10 or higher to qualify. Then you must use the bonus bet within 3 days of receiving it.

Every Tuesday at betBonanza, you can claim a 50% match bonus of up to NGN10,000. This bonus is available only to existing players and they can apply for it every Tuesday. If you want to get your hands on this bonus, then you must use the code BONUS50.

Lastly, the One Game Cut promo gives you a chance to win even if one game cuts you. It offers 10% of your payout, but only if you have 10 or more selections.

Odds

The odds on the betting markets at betBonanza do not differ greatly from its competitors. Some options come with slightly smaller or bigger odds, but nothing too alarming. In the matches where the odds do differ from the other operators, they usually vary less than 0.1.

There is a Combo Boost promo that you can use to increase the odds on your bet slip. It offers a 40% boost, but only on Virtual Football. All you need to do is choose 3 or more selections for your combo wager.

You can also use the Yakata Bonus to increase your payout. It offers a bonus of up to 225% on your bet slip. It requires a minimum selection of 5, where the biggest percentage comes with 40+ selections.

Mobile

betBonanza is a mobile-friendly platform thanks to the utilization of the HTML5 protocol. This technology allows you to enter the website from any mobile, tablet, or PC device. From your mobile browser, you will get to use the same services as the desktop version.

It is much more convenient to use your smartphone for sports betting at betBonanza. You can wager at any time from any place, as long as you have a stable internet connection.

Design

You will surely like the sportsbook’s design as it follows a very simple structure. The white and dark turquoise colours dominate the screen, which gives the whole site a nice look. It is super easy to find what you are looking for, as everything features on the home page.

At the top menu bar, you will find the betting sections, promos, and log-in/sign-up options. On the right side, you will see the current bet slips in place as well as the ones you are constructing. The left side has all the available sports and its featured categories.

Now, the middle of the screen has two parts. The first one offers you a chance to see and bet on the live events. As for the other part, it holds all the matches that are yet to start, according to its featured sport.

VIP Program

At betBonanza, you have a chance to enter the bookmaker’s loyalty program called VIP League. The more you bet on this platform, the faster you’ll become a member. When you earn your place in the loyalty club, the operator will inform you via email or SMS.

As a member of the VIP League, you get all kinds of benefits. Among them are a personal account manager, more risk-free gaming, exclusive bonuses, unique competitions, and some more.

Operating License

This sportsbook features two sports betting licenses from the Lagos State Lotteries Board and the National Lottery Regulatory Commission. It indicates that the operator is legally offering his services in Nigeria.

Both regulators are overlooking the work of betBonanza, just to make sure that it obeys the rules. Also, the operator must follow the latest industry standards as to maintain its license.

Features

Here are some of the best features of betBonanza that you should know about:

• More than 160 betting markets on the most popular events
• In-play betting feature
• Bet Builder and Early Cash-out options
• eSports betting

Payments

When depositing or withdrawing funds from betBonanza, you get to select from several options. Below we will describe everything you need to know about these money transfers.

Deposits

Depositing funds at this sportsbook is possible only by using one of the following payment methods:

Most banking options require a minimum of NGN100. However, depositing with Squad is only NGN50 while the Quickteller Paypoint Agent has a maximum limit of NGN2,000.

We must also note that some methods come with either NGN50 or NGN100 fees. But, you will get your funds into your account instantly.

Withdrawals

Cashing out your winnings from betBonanza is available only through bank transfer. There are over 30 banks that you can use including the following:

The minimum amount that you can withdraw from betBonanza is NGN1,000. A great feature is that you don’t need to pay any additional fees for these types of transactions. After requesting a cash-out, the bank will process the transfer within 24 hours. But, remember to check their working days.

Security

betBonanza values the safety of its bettors very much. It made sure to utilize the latest 128-bit SSL encryption technology. This means that all of your personal and banking information is safe and secure from unwanted third parties.

The fact that it holds two sports betting licenses makes it even safer. To obtain a license, the operator must first make sure that its customers are safe on its platform.

Customer Support

If you are experiencing some kind of difficulties regarding betBonanza, then you can always contact customer support. They work from 8:00 up until 22:00. You can reach out to the team via live chat, email, phone, WhatsApp, or by filling out a contact form.

We must also mention that there are two FAQ sections, one for bettors and agents. It holds answers to numerous questions, which can help you find a solution much quicker.

Additional Services

betBonanza isn’t just a sports betting website. Here you can also bet on virtual sports, casino, live casino, and keno (BonanzaBalls).

BetBonanza Casino

If you are into virtual sports, then you have a chance to bet on football, greyhounds, keno, super 6, color-color, and Spin&Win. The casino section features game categories such as slots, table games, crash games, jackpots, instant, scratch cards, and a few more.

The live casino part of the gaming platform comes with some very popular titles. Among them are Wheel of Fortune, baccarat, poker, dice duel, lucky 7, and a few more.

Our Experience With betBonanza

This sportsbook is capable of competing with the best operators thanks to its incredible offer. Here you will find all of the popular sports where the biggest matches feature over 160 markets. Then there are the live betting, Bet Builder, and early cash-out options.

Its list of promotions is pretty large and it features offers for every type of bettor. You can withdraw within 24 hours without paying any fees. However, there are some small fees attached to the deposits.

Also, some bettors may be disappointed with the fact that there isn’t a live-streaming feature. Horse racing, greyhound racing, and badminton betting fans are left out, as they cannot wager on these sports.