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Betking Welcome Bonus March 2024: How to Claim your Sign Up Bonus Today?

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Last Updated on 14/02/2024
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BetKing are proving themselves the undisputed rulers of online Nigerian Sportsbooks, in part thanks to the latest BetKing bonus. This allows new players to get five 50% cashback on selected bets, all without the need to use a promo code.

In this complete BetKing bonus lowdown, we’ll tell you more about the welcome offer, how to claim it, and things to watch out for along the way. We’ll also share our top tips and hints to help you get the best value for your stakes.

What is BetKing’s welcome bonus?

Online sportsbooks and casinos exist in a crowded market, and it takes some effort for them to stand out from the crowd. Bonuses and promos are one of the ways that operators can do this but, to attract new customers, they’ve got to be good!

Welcome promos can take many forms. One of the most popular are rakeback bonuses which make losing bets easier to swallow, such as the welcome bonus of $1000 + 10% rakeback using the code TGHSOCIAL. Sportsbooks might also provide deposit boosts, or even bonuses on different types of bets, such as accumulators.

BetKing are one of the newest additions to the online sportsbook world, having started in 2018. Since that time they’ve gone from strength to strength and are quickly proving to be one of the most popular options for Nigerian sports fans. One of the keys to their success is their consistently generous welcome offer for new players, which right now gives players up to 50% cashback on five selected losing bets.

There is no BetKing promo code required to get this bonus; all you need to do is follow our simple how-to guide and you’ll be enjoying sports action in no time

How to claim the BetKing sign-up bonus - a simple guide

The BetKing welcome bonus gives players up to 50% cashback on their first, third, fifth, seventh, and eleventh bets if these don’t prove to be winners. It’s open to all new players joining the site and is easy to get. Here’s our quick step-by-step guide to help you through the process:

  1. Join the site: The first step in getting the welcome bonus is to join the BetKing site. Once you’re on the desktop or mobile version of the site, hit the ‘Join Now’ button to register. Follow the process to input a mobile number and some personal details (for instance your date of birth, to prove that you are over the age of 18). You’ll also be given a code to verify your mobile number before you can proceed.
  2. Choose your bet: BetKing is home to around 20 sports to wager on, encompassing all of the most popular alternatives, and a few that are slightly less well-known (such as floorball). The eligible bets to access this welcome bonus are the first, third, fifth, seventh, and eleventh wagers you place after you've registered an account. You must make a selection of bets with minimum odds of 1.2 and maximum odds of 1.7.
  3. Sit back: Once you’ve made your bet, all you have to do is sit back and watch the sporting action unfold. If your bets aren’t winners then no worries, you’ll receive 50% cashback on each of your lost bets, up to a maximum of 5000 Naira on each one and totalling up to 25,000 Naira in total. If your bets are winners, then that’s great too.
  4. Receive your bonus: Once the bet has settled as a loss, your cashback bonuses will go into your account within 24 hours. Bets which settle on Fridays, Saturdays and Sundays will be subject to a small delay so players will have to wait until Monday to receive their cashback. Not a bad way to start the week!

How to get the most out of the BetKing welcome offer - our top 5 tips

To help you get the most from your time on the BetKing site, and this offer, we’ve asked our resident team of sportsbook pros to put together five handy hints.

Don’t forget to verify your account

Make sure you have added your bank account details to your profile and verified them before you start betting. In order to do this you'll need to provide a form of ID as part of BetKing’s security protocols. You’ll only need to do this once to be able to unlock your winnings.

Check out the odds

This offer is only for bets with minimum odds of 1.2 and maximum odds of 1.7, so make sure your selection meets these criteria if you’d like to take advantage of this bonus. BetKing have some of the strongest odds on the market, especially for football and basketball, the two most popular sports on the site so you should be able to find plenty of choices.

Look for other offers

The welcome bonus provided by BetKing is far from the only promo you’ll find on the site. There are jackpots, and a potential 225% accumulator bonus when you make a bet with at least five picks on the same ticket at odds of at least 1.20. They also offer an Early Cash Out option (but if you use this, you won’t receive your cashback) to let you recoup some losses if a wager is not looking successful. Visit the ‘Promotions & Bonuses’ page to see all of the available options, and check back regularly as they do change

Take your time

This bonus can only be claimed once so, if there’s a particular sporting event coming up that you’d like to wager on, you might want to time your bonus to coincide with it.

Read through the terms and conditions

The welcome bonus changes periodically, so it’s worth checking it out to make sure you’re clear on all of the terms and conditions.

BetKing bonus FAQs - here’s what you need to know

  • Who can use the BetKing welcome bonus?

The welcome bonus is only eligible for new players joining the BetKing site. However, if you’re an existing player, you’ll definitely want to have a look at the other promotions BetKing offers, including jackpots and up to a 225% accumulator bonus.

  • Can I bet on sports and virtual games?

The 5x 50% cashback welcome bonus is only eligible for wagers placed on sports, not any of the virtual games on the site. It must be used on bets with multiple selections.

  • Can I use this bonus if someone else in my household has a BetKing account?

In common with most other sportsbooks, the BetKing sign-up bonus is only available to one person per household.

  • Can I use the BetKing app to make bets?

Currently, BetKing doesn’t have an app but the site is very well optimized for mobile use. You can use a lite version while you’re out and about to make setting bets easier.

  • Can I withdraw my cashback straight from my account?

Yes, once you’ve reached the minimum withdrawal amount (1000 Naira), you’ll be able to take funds from your account. If you have enough funds in your balance, you can take out each cashback as it comes, up to the maximum five times (although hopefully you’ll have a winning bet before that!).

Is there a BetKing loyalty programme?

We all love being rewarded, and a loyalty program is just one way that online sportsbooks thank their players for regular play. However, it’s not something that all sportsbooks provide, as some prefer to use regular offers to make sure players are getting the best value for money. BetKing fits into the latter category and, rather than offering a reward program, gives players regular boosts and promos instead. This may not be everyone’s preference but we can see how this keeps things easier.

BetKing Sports Bonus

What is the BetKing welcome bonus for new players?

The BetKing sign-up bonus gives players 5x cashback, up to 50%, on their first, third, fifth, seventh, and eleventh bets if they fail to win. This can be up to a maximum of 5000 Naira each time, making a total of 25,000 Naira across the five bets.

Reality check - how does the BetKing bonus work?

The BetKing welcome bonus is only available on losing sportsbook bets, not virtual games; but with around 20 sports to choose from on the BetKing site, you’re sure to find one to suit. The 50% cashback is up to a maximum of 5000 Naira (so you can place a bet of 10,000 Naira if you’d like to get the maximum cashback). That means bets of 300 Naira will receive cashback of 150 Naira, and bets of 2000 Naira will receive 1000 back if the bet fails to win.

Redeeming bonus funds

Cashback will only be paid to players who have added, and verified, banking information to their profiles. Once in your account, it can be withdrawn at any time, provided you have reached the minimum withdrawal amount. There are many different withdrawal methods you can use to get your cash, and requests are processed instantly.

Getting the BetKing bonus

There’s no need to use a BetKing promo code to get this bonus. If your bet isn’t a winner, you’ll be able to visit your BetKing account and hit ‘manual cashback’ to get your funds. You can use these to place another bet on any of the sports available on the site (or to have a turn on one of their virtual games) or withdraw them as cash.

Potential pitfalls

Be aware that this bonus is only applicable on settled, lost bets, so cancelled and voided bets will not provide cashback. It also only applies to the first (third, fifth etc.) settled bet, which may not be the first  (third, fifth) bet you place. Remember that your cashback will go into your account within 24 hours, apart from on Fridays, Saturdays and Sundays when it will be delayed until Monday.

Is the BetKing bonus worth it?

Cashbacks and rakeback bonuses are very popular with players as they allow you to get introduced to a site, and make bets, with less risk. One of the best of this kind of deal is the 10% rakeback, which also comes with a 200% Deposit Match up to $1000 using the code TGHSOCIAL. However, the BetKing offer is pretty damn good too, and is just one more reason why this site is becoming so popular.

BetKing welcome bonus - our verdict

BetKing may be young, but they’re proving that they can hold their own with the big boys of online sportsbooks. This welcome bonus is just one of many BetKing offers that members can get, and guarantees that any losses are considerably softened. It’s especially good for new players to sportsbooks but should suit everyone looking to place bets on a broad range of sports.

BetKing Bonus FAQs

❓What is the BetKing welcome bonus for new players?

Read through our guide to uncover what the BetKing sign-up bonus provides and how it can be accessed, and even tips to help you get the most from your time on the site. We’ve also laid out other bonuses that can be used by existing BetKing members.

🔐 Do I need to use a BetKing promo code to get this welcome bonus?

To find out more about this welcome offer, and how to get it, you can read through our bonus review. If you’d like to learn about BetKing in more detail, including the betting markets available, and information on their customer service and payment methods, you can also read our full BetKing review, available at The Game Haus.

🎁 What BetKing bonuses are available for players who already have an account?

BetKing have a whole host of bonuses for players so there’s no stress if you miss out on this welcome offer. All of their current offers can be found on the Promotions & Bonuses page, including jackpots, and accumulator bonuses. You can read our complete BetKing review to find out more too.

User Reviews for BetKing Bonus

4.2/5 – 10 User Reviews
  1. Confusing

    I feel like I should like it... but I don't. Took aaaages to figure out how to access everything so I gave up.

    Betking just isn't for me.
  2. Good bonus

    Solid bonus deal, easy to be in the running for the cashback.

    It's best to win the first bet but it doesn;t always happen! No matter here thanks to the freebie.
  3. Love it

    Good site, good bonus, great start. My preferred sports are covered so all good there. Once I got the hang of where all the info and pages were located, it was all good to use.

    Little slow to get underway, but that could be me struggling to figure out where stuff is, honestly.
  4. Pretty good

    Good quality platform here.

    Very engaging site with a good range of games and odds.


  5. Awesome site
    Joe H

    Love love love Betking. All the best sports covered with plenty more too, so I always find what I'm looking for there. Unlike some sportsbooks, I was able to look around for a while before joining and claiming a bonus, too, just to get my feet a little.

    Nothing yet for sure.
  6. My favorite sportsbook

    a fantastic bonus for a fantastic sportsbook

  7. a pretty good bonus

    generous, no high wagering or crazy odds. Nice

  8. good welcome bonus
    Don E.

    a good start to betting on Betking. Definitely gets you off winning and its easy to use as well

  9. good bonus

    easy enough to figure out the bonus. Some are too complex but this one is pure simplicity

    i found the withdrawals a little slow. Not the end of the world but something to look out for
  10. very generous bonus

    I was blown away by how generous this bonus is!!


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