Nairabet Bonus 2024 - Sign Up and Use Our Top Promo Code

Nairabet is an exceptional betting site in Nigeria with a long history dating back to 2009. While it wasn’t the first bookmaker in the country, it was the first to provide a fully functioning betting website. 

As such, it’s no surprise that Nairabet offers many excellent betting bonuses, which we explore in this article. We examine the Nairabet bonus offers, their terms, and how Nigerian punters can use them.

Nairabet Bookmaker Promo Code for May 2024

At the time of writing this review, there wasn’t a dedicated Nairabet bonus code for punters. However, just because there isn’t an exclusive promo code doesn’t mean there won’t ever be any available. From time to time we may offer special codes for punters to use on Nairabet, and the bookmaker itself may also release some.

Nairabet Welcome Bonus Terms and Conditions  

A bookmaker wouldn’t be complete without a welcome offer, which Nairabet’s first deposit bonus ensures you get. For the first 11 days you’re betting at this bookie, you can receive one Risk Free Bet if a qualifying bet results in a loss.

To qualify for this offer, your wager must be on at least three basketball, football, or tennis selections, each with a minimum of 2.00 odds. If your wager doesn’t win, you can receive a Free Bet of up to ₦2,000 every 24 hours for the first 11 days.

However, your first bet must settle within 24 hours, your second bet within 24-48 hours, your third bet within 48-72 hours, and so on. Further, your account must be KYC verified to qualify for this bonus. The Free Bet is valid for seven days once you receive it, and you must use it on a selection with at least 1.50 odds. You also can’t use Free Bets on the same selection twice.

Other Nairabet Promotions

In addition to the Nairabet registration bonus, various other promotions are available, including free bets and odds boosts. There are also free-to-play options, where you can predict the scores of six select matches to win a jackpot, or take advantage of the Quiz for Cash offer.

NBA Free Bet

Punters looking to bet on the NBA Playoffs in May can receive a daily free bet when making a qualifying bet. This wager must be on at least two NBA Playoff selections, each with minimum odds of at least 2.00. 

After, punters will receive a matched daily Free Bet of up to a maximum bonus of ₦500, valid for seven days. They must use this Free Bet on an NBA playoff selection of at least 1.50 odds. Of course, this offer is only available while the NBA Playoffs are ongoing.

Live Betting Free Bet

Punters can claim a free bet after placing 10 in-play stakes. The 10 in-play bets must each have a minimum stake of ₦5,000 and odds of at least 1.20. 

To qualify for a free bet of up to ₦5,000, punters must place the wagers on separate events with different settlement times. The Free Bet will be eligible for seven days, and punters must use it on selections with at least 1.50 odds. This promotion will run until the end of 2024.
 

One Game Cut

Don’t you hate making a multi-bet and losing the entire bet because one game cut your ticket? Well, with the One Game Cut promotion, that doesn’t have to be an issue anymore. This promotion is only valid on wagers with at least 10 selections of 1.20 minimum odds.

If you lose one selection, then instead of losing everything, the bookie will calculate a payout based on your wager. The bookie calculates your payout as follows: 

●    The [Expected Payout] less [Any Bonus] divided by the [Losing Bet’s Odds] less the [Unit Stake] divided by 10.

●    So if you have an expected payout of ₦250,000 on a bet of ₦100 with 1.50 odds where you lost, then the calculation will look as follows:

₦250/1.50 = ₦166,666.67 - ₦100 = ₦166,566,67/10 = A payout of ₦16,656.67 for a bet you technically lost!

500% Win Bonus

On this platform, you can get up to 500% boosted winnings on winning accumulator (acca) bets. To qualify, you must place a bet with at least five selections, each with a minimum odds of 1.20. The boost to your winnings ranges between 2.50% and 500% for five to 50 selections. 

Further, upon a successful bet, the bookie automatically adds your boosted wins to your regular winnings. Remember that if you lose one of the selections and qualify for the One Game Cut promotion, the bonus winnings aren’t part of the expected winnings.

Odds Boost

The Beta Odds Boost will boost select odds for punters to wager on. Punters can check which selections have an odds boost and place enhanced wagers on these offers. However, note that just because the bookie boosts the odds doesn’t mean the selection will result in a winning bet.

Usability of Nairabet  Bonus Offers in 2024

With this bookmaker, you have to place the eligible wager, win it, and claim your Nairabet free bet. Free bets will appear in your betslip, and you can toggle the slider bar to use it or not when making a wager.

However, you must be KYC verified before you can claim any bonuses. This requirement might impact offers with specific time limits, like the Nairabet welcome bonus. For example, you can only claim this bet for the first 11 days after registering. 

If anything goes wrong with your validation (which should only take a few hours at most), you’ll need to manually validate your account, which means you could lose out on part of the welcome bonus. Otherwise, Free Bets and promotions will automatically activate once you complete the appropriate conditions.

Tips on Using the Nairabet Bonuses

We list some of our expert tips that’ll help you use the bonuses effectively:

●    Start small with acca bets. The more selections you have on a betslip, the more likely you are to lose one of the wagers. As such, start with the minimum selection you need for the bonus.
●    Don’t make contradicting selections. Some strategies state that you should bet on both outcomes to win either way, but this will ultimately result in a loss. You lose money either way and don’t receive the Free Bet bonuses.
●    Claim and use your Nairabet registration bonus for the first 11 days. Ensure you make wagers eligible for the signup offer in the first 11 days. That way, you can minimise your losses with possible free bets.
●    Always read the bonus terms and conditions. Knowing the terms ensures you don’t lose the bonus by making a simple mistake, like placing a bet on ineligible odds.

What to Avoid When Using This Bonus

Like we give expert tips on effectively using a Nairabet bonus offer, we also provide advice on what to avoid when using the bonuses.

●    Always bet on selections with the required odds. Even if you make the correct number of selections, the bonus will be void if the minimum odds requirement isn’t met. So, if the minimum odds for a Free Bet are 1.50, ensure you don’t try to use the Free Bet on odds lower than that.
●    Don’t put off verifying your Nairabet account. You must be KYC verified to claim most offers, including your Nairabet welcome bonus. The longer you wait to verify your account, the more you possibly lose out, especially on the welcome offer.
●    Add the required minimum selection of bets to your acca bet. The number of wagers required changes depending on the promotion you want to claim. Always read the bonus terms and conditions so you don’t add only three selections to your betslip when you need at least five.

When is the Bonus Eligible for Withdrawal?

Nigerian punters can withdraw the bonus once they complete all the bonus terms and conditions attached to the offer. Under each bonus offer, these terms and conditions will be available on the Nairabet promotion page.

The terms include using the Free Bet on the eligible wager and completing any wagering requirements. You’ll see the Restricted Balance and the Withdrawable Cash Balance when withdrawing. You can only withdraw when the bonus is part of the Withdrawable Cash Balance.

How Frequent Are the Bonuses at Nairabet?

Most of the offers are available at any time. Since these offers depend on making an eligible promotion, you can claim them whenever you complete the requirements. As such, Nigerian punters are technically never without a bonus. 

However, you must make multi-bets to claim most bonuses, and there aren’t any no deposit bonuses or traditional reload offers available. Still, by watching the promotion page, you can stay aware of any time-limited offers, like the NBA Playoffs Daily Free Bet bonus.

Are There Wagering Terms Attached to the Bonuses on the Site?

The bonus terms don’t state any wagering terms, but the presence of “Restricted Balance” in the account ‘Cashier’ section suggests it. After asking the support team, we found the wagering terms to be 1x the free bet, meaning you need to use it to be able to withdraw any winnings. However, this can vary depending on the free bets, so always check the terms and your account once you have signed in.

How Does Nairabet Compare to Other Legal Bookmakers? 

This bookmaker offers a few excellent promotions, but we would like to see more traditional reload offers as with other bookies. However, we love the free-to-play options, which you rarely see at other betting sites.

When it comes to customer service, this bookie won’t disappoint. It offers a 24/7 live chat, support email, contact form, and three phone lines. Its user interface is easily navigable and on par with other sites.

It offers just over 20 sports and esports, which is right around the average most bookmakers offer. However, it can’t compete with some of the top betting sites, which typically offer over 40 sports to bet on.

How to Sign up For a Nairabet Bookmaker Account

We provide a step-by-step guide that makes it easy to start your online betting experience.
1.    Click on the green “Join” button
2.    Add your mobile number and select which state you’re playing from
3.    Create a unique password for your Nairabet account
4.    Send the registration code via SMS and enter it into the applicable field
5.    Create your account, and navigate to your profile
6.    Complete the necessary information in your profile, like your name, address, and email
7.    Verify your account and bank by following the KYC process

What Sports Can You Bet on at Nairabet?

This platform has over 20 popular sports, including football and cricket. Altogether, Nigerian punters can also place wagers on:

Nairabet Platform Review

While the Nairabet promo options are essential, we also consider various other criteria in our review. This bookmaker provides 24/7 customer support and multiple payment methods; Paystack, XpressPAY, Flutterwave, Interswitch, and Squad are available.

The platform has a user-friendly interface, with Nigerian punters able to navigate using the header tabs and sidebar. Android punters can also download an Android mobile app directly from the website. 

For iOS users or other punters who don’t want to use the app, the bookmaker’s site will perfectly adjust to fit your mobile or tablet screen.

Why Choose Nairabet Promotions?

Nairabet promo options are ideal for punters who prefer making multi-bets. The offers all award successful multi-bets or provide a partial payback on acca bets with one losing selection. As such, they’re the perfect promotions for punters who want to boost their odds or winnings and minimise their losses when making risky accumulator wagers.

How to Get Help at Nairabet

Nigerian punters can contact this bookie via live chat, phone, contact form, and email. The live chat support is available 24/7, while the email support aims to respond to questions as quickly as possible.

Punters can only contact support via phone during business hours, 8 am to 6 pm WAT for Nigerians. However, there’s also a How-to Help section if users want to find the answers themselves.

What Should I Do if I Have Problems Activating the Bonus with the Promotion Code?

There isn’t a Nairabet bonus code you have to worry about, but that doesn’t mean there can’t be issues with the regular bonuses. If you experience problems, first check that you completed all the Nairabet bonus terms as required. 

If you still can’t solve the issue, then contact support. You’ll need to provide your Account ID and an explanation of the issue so they can help you effectively.

Is Nairabet legit?

This brand is part of the Association of Nigerian Bookmakers (ANB) and the National Lottery Regulatory Commission (NLRC) of Nigeria licences and regulates the platform, ensuring punters have a legitimate and safe betting site.