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First lost bet

First lost bet

How Can I check if my bonus is awarded? 

  • Check your BetKing Nigeria account and look for transactions type: Manual Campaign Bonus 
     

How much will I receive? 

The bonus is 50% cashback up to 30,000₦ on your first lost bet so you can keep playing with Betking 

  • If you place a bet of 100₦, you Get 50₦ as cashback 
  • If you place a bet of 2,000₦ you get 1,000₦ as cashback  
  • If you place a bet of 10,000₦ you get 5,000₦ as cashback 
  • If you place a bet of 25,000₦, you Get 12,500₦ as cashback
  • If you place a bet of 50,000₦ you get 25,000₦ as cashback  
  • If you place a bet of 60,000₦ you get 30,000₦ as cashback 
  • If you place a bet of 75,000₦ you get 30,000₦ as cashback
  • If you place a bet of 100,000₦ you get 30,000₦ as cashback

I have registered on Betking before, can I receive the bonus? 

  • No, the bonus is only for new registered users from 28th of November until further notice 

 
How does it work?  

  • This promotion is for a limited time only, applies only to 1st Sports Booking bets placed, starting from 28th of November until further notice, and is only available for New Customers who Register and have their bank details verified during the promotion (the “Promotion”). 
  • “Register” means the opening of an account by a new Customer during the Promotion, either via website or mobile website
  • Accounts created before the Promotion will not be eligible.
  • Register and place your 1st bet during the Promotion, once your bank account details are added and have been verified you will receive 50% Cashback up to 30,000₦ into your BetKing Nigeria account the next working day
  • Qualifying bets that settle on Fridays, Saturdays, Sundays will receive First time Bet Bonus Cash Back on the following Monday.
  • Bonus will only be paid to accounts which have added and had their Banking Account verified.

 

Who can participate? 

Only new customers are eligible for this Promotion, as follows (“New Customer”):  

  • This Promotion only applies to New Customers who Register during the Promotion period.
  • You must be at least 18 and comply with our standard account opening rules/terms in our standard terms and conditions e.g., you must be resident in Nigeria.
  • You must ensure that your First Name & Last Name matches the name of the withdrawal banking account, otherwise the Bonus won’t be awarded

 

How to use my First time Bet Bonus Cash Back? 

  • Qualifying bets will receive the First time Bet Bonus Cash Back within 24 hours after the bet settlement directly into your BetKing Nigeria account, and once the Banking account is added to your Betking profile. 
  • Qualifying bets that settle on Fridays, Saturdays, Sundays will receive First time Bet Bonus Cash Back on the following Monday, and only after your bank account is added and verified. 

 

How many times can I claim my First time Bet Bonus Cash Back as a New Customer? 

  • Once, provided you meet the criteria for the Promotion. 

 

How will I know I have won? 

  • Check your BetKing Nigeria account and look for transactions type: Manual Cashback. 

 
Can I withdraw the First time Bet Bonus Cash Back?

  • Yes, you can withdraw your First time Bet Bonus Cash Back, once the minimum withdrawal amount is reached. 


Terms and Conditions

  • Only sportsbook bets qualify. Only multiples are eligible for this Promotion. 
  • The First time Bet Bonus cashback will be credited once all your bets from the betting slip are settled as lost & your banking account is added to your profile and verified
  • New Customers will get a First time Bet Bonus Cash Back once they place the first bet.
  • Minimum settled lost bet provided they meet the following conditions: 
    • Is a Sportsbook bet only.
    • Is lost 
    • Is not cancelled, cashed-out and/or voided bet
    • Winning or partial won bets won’t qualify
    • Min 5 selections
    • Min Odds of per selection 1.2
    • Max Odds per selection 1.7
    • Your bank account is added to your profile, and it is verify
  • Bonus will be awarded once your bank account details are added and verified
  • Qualifying bets that settle on the weekends (Fridays, Saturdays, and Sundays) will receive First time Bet Bonus Cash Backs the following Monday and in accordance with our internal processes
  • Promotion is open to one customer per household. Any accounts found to belong to the same set of individuals will be disabled and will not receive a First time Bet Bonus Cash Back or may have their First time Bet Bonus Cash Back.
  • Users found to be colluding or betting together e.g., trying to cover a series of results in similar games will not be awarded the First time Bet Bonus Cash Back or may have their First time Bet Bonus Cash Bac
  • Users found with multiple accounts will not receive the First time Bet Bonus Cash Back
  • First time Bet Bonus Cash Back applies to only settled Bets. If a bet is placed before the end of the Promotion period but settles after, the First time Bet Bonus Cash Back offer will not apply
  • First time Bet Bonus Cash Back will ordinarily be awarded daily. For each user, at least 24 hours after the settlement of the ticket at 6PM Nigeria time, unless settled on a weekend, first time Bet Bonus Cash Backs will be awarded the following Monday and in accordance with our internal processes)
  • We may revise these terms and conditions at any time by posting an amended version. It is your responsibility to check these terms and conditions regularly to take notice of any changes we make, and you agree to do so. Any changes to terms and conditions are binding on you from the first time you visit the site after the relevant change has taken effect. If you do not agree with any changes or additions, please refrain from using the platform
  • General promo terms and conditions
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