MonieBet welcome bonus

Last updated on by
Noah Smith
MonieBet welcome bonus image
MonieBet welcome bonus
50 000 NGNFirst deposit bonus
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With MonieBet every new customer can count on a generous welcome offer. All you need is to create an account on the bookmaker's site, to make a first deposit and to place a bet. In order to make all this easier for you here is a guide that you can use to claim your bonus.

How to take advantage of the promotion?

The rules of the welcome offer are quite easy. As it was mentioned earlier, your first step is registration. After that, in order to qualify for the bonus, top up an amount that is at least 100 NGN. The both procedures are described below.

Once the both steps are completed, the only thing you need is to place a specific bet. That being done, the amount you've bet will be doubled and added to your Free Bet Credit account. Please note that it must meet certain requirements so that you can receive the bonus:

  1. The bet must not exceed 50 000 NGN;
  2. It must be an accumulator bet that includes 12 or more events with an odd of 1.50 or higher for each;
  3. The bet interacts differently with other promotions so make sure you've studied all the variants possible;
  4. The bonus funds you get as your Free Bet Credits are not withdrawable, but you can get the money you won by wagering bonus funds.

How do I create an account on MonieBet?

Registration on MonieBet is a very simple procedure. First of all, open a special form where you can fill out your personal details by clicking a Register button in the upper right corner of the page.

MonieBet registration

Registration consists of two steps. Firstly, you are to specify some of your data and to come up with a strong password to protect your account.

OTP and Referral code

Secondly, type in a one-time password that will be sent via SMS to the phone number that you've entered earlier. If you were invited to MonieBet by your friend, specify a referral code they provided you with.

Once all that is done, your account will be created and you'll be a step closer to getting a bonus.

Making a first deposit

To place your first bet you need to have some funds at your account. In order to do that you need to be logged in. If so, click a Deposit button in the upper part of the page to proceed to topping up.

MonieBet offers two ways of making a deposit: they are familiar to Nigerian bettors operators such as Paystack and Monnify. Follow the instructions that are provided by the betting site to top up.


  • What is the minimum deposit possible to qualify for a welcome offer?

    In order to be able to get the bonus, you only need to top up at least 100 NGN.

  • Why can't I withdraw my bonus funds?

    Primarily, you get the amount you've bet on your Free Bet Credit account that doesn't allow withdrawal. These money is only available for wagering. As soon as the bet you placed using it wins, you'll be able to withdraw the winnings.

  • What payment methods are provided by MonieBet?

    The bookmaker doesn't offer a vast variety of them, however, these payment methods are well-known in Nigeria. They are Monnify and Paystack.

  • What is an OTP?

    OTP stands for one-time password. It's a numeral code that allows you to be verified usually by being sent to your phone number.

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