Bet9ja Bonus Terms and Conditions, Use and Withdrawal (2023)

FAQs

Can I withdraw money I won with Bet9ja bonus? ›

You must wager it at least ten times on events with odds greater than 3.0 to make it withdrawable. As a result, to withdraw your bonus if you received a ₦1,000 prize, you will need to wager ₦10,000 at odds of 3.0 or higher.

Bonus must be staked and settled three (3) times at odds of 3.0 or above within seven days of the date of crediting. Customers have 7 days from the date the bonus is added to their account to fulfill any wagering requirements before the bonus expires and the remaining bonus balance is forfeited.

Step 1: Click on 'My Account', then on 'Bonus'. Step 2: Meet the rollover and wagering requirements found in the bonus T&Cs. Step 3: Once the progress bar reaches 100% you will have the option to click REDEEM BONUS to convert your bonus funds to cash.

The wager amount is the amount of money you use to make a bet. In the case of Casino bonuses, it can also refer to the amount of money you have to bet overall before you can withdraw winnings.

You'll be able to withdraw your winnings only after you have met the bonus wagering requirement. Depending on the bonus, your deposit amount, bonus amount or winnings (if any) can be restricted to a specific product, sport, sports league, game or group of games.

Remember that the body of the bonus can never be directly cashed out; the players can only cash out what they win after wagering the bonus money in casino games. Such bonuses are called cashable, or non-sticky. There are also sticky bonuses; for those, even the winnings cannot be cashed out.

The Payment of Bonus Act, 1965 provides for a minimum bonus of 8.33 percent of wages. The salary limited fixed for eligibility purposes is Rs. 3,500 per month and the payment is subject to the stipulation that the bonus payable to employees drawing wages or salary not exceeded to Rs.

Bet9ja Withdrawal Options and Transaction Times

You can withdraw a minimum of N1,000 and a maximum of N9,999,999 per day. All transactions happen within 24 bank hours which roughly translates into 2 working days.

To place a bet using your bonus bet token, you will need to click the bonus bet box in the bet slip. A pop up will appear with your available bonus bets. Select the appropriate one and then place your bet. Please ensure you don't put a stake amount if you don't intend to place a cash bet on the selection.

How do you complete wagering requirements? ›

How do I meet a “Wagering Requirement”? Wagering Requirements are completed when a player spends (wagers) the Token and the amount of Winnings (generated from the Token) that add up to the wagering requirement amount.

A limit is the maximum amount that a sportsbook allows its bettors to wager on a given game or event. If, for example, you attempted to wager $150 on a game where the book wasn't comfortable taking bets over $100, you'd likely receive some sort of error message with the indication, “Limit: $100.”

Earnings and/or winnings are eligible for withdrawal. Pending bonuses or any other types of promotional credit can't be withdrawn.

Profits from trading on No Deposit Trading Bonus Accounts may be withdrawn anytime, provided that the trading volume in the relevant real trading Account reaches at least 10 micro lots ( 0,1 standard lots ), and provided that at least 5 round turn trades have been completed.

No, your Sportsbook free bets cannot be withdrawn, but winnings as a result of placing Sportsbook free bets will be credited to your main wallet and are free to use at your disposal. Your original 'free bet' stake will not be returned to you.

A reward bonus may be either a one-time offer or a periodic payment. While reward bonuses are usually given in cash, they sometimes take the form of stock compensation, gift cards, time off, holiday turkeys, or simple verbal expressions of appreciation.

A cash bonus is a lump sum awarded to an employee for good performance, often evaluated and paid on an annual basis. Called a supplemental wage by the IRS, cash bonuses under $1 million are taxed at a rate of 22% while anything over is taxed at 37%.

Eligibility for bonus.

—Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year.

Maximum Bonus- It is important to note that the Act stipulates an upper limit of 20% of the salary or wage earned by the employee during an accounting year for the payment of maximum bonus.

What is the time limit for payment of bonus? ›

ANS.: Section 8 of the Payment of Bonus Act provides that an employee is entitled to bonus if he has worked in the establishment for not less than 30 days. Since S has worked for more than 30 days in the accounting year, he would be eligible for Bonus for 2016-17.

Only the registered bank acct can be used for your Bet9ja withdrawal. The money can't be withdrawn using any other payment method. The first step is to log into your account and select 'Withdraw' from the My Account drop-down menu.

Who is the biggest winner in Bet9ja? The biggest winner in the bet9ja platform is a 17-year-old kid who became rich by winning 43 million Naira. He placed a bet based on statistics and previous games.

The maximum payout for Bet9Ja on any given day will not exceed ₦10,000,000,000. If the cumulative payout on all Bet9Ja tickets on any given day exceeds this figure, winnings on each ticket will be adjusted accordingly.

Now since we know the equivalent or representative percentage of the NET PROFIT BEFORE BONUS, you just simple divide the NET PROFIT BEFORE BONUS to its equivalent percentage , THEN YOU ARRIVE THE AMOUNT OF NET PROFIT AFTER BONUS , which is the 100%.

Your Bonus Bet will only be available for use on designated markets and in accordance with the specific terms of the Offer. In general, Bonus Bets are able to be used on most markets aside from Tote Multiples (Quaddies, Super 6, Daily Double, Treble, Running Double).

A bonus bet is basically free swing from a bookie. You place the bet and if it loses you don't lose any money. Bear in mind the Bookie will keep the bonus stake.

Bonus cash provides you with the flexibility of using a cash wallet for betting, with all of the added benefits that bonus bets deliver. Unlike regular Bonus Bets, Bonus Cash does not need to be configured, nor used in specific allotments. If you have $100 of Bonus Cash, you get to decide how you want to spend it.

What is minimum wagering requirements? ›

A wagering requirement is how much you need to bet to withdraw all the money in your account. For example, if you have $100 in your account but $50 of that is bonus funds, you'll need to complete the wagering requirement to cash out. Wagering requirements can range from 1x to 5x for online sports betting bonuses.

A wagering requirement is a multiplier that represents the number of times you have to play though a bonus before you are able to withdraw any winnings.

Free Bets:

The first type of wagering requirement is most often applied to simple, free bet bonuses and will generally stipulate that a customer must place a certain bet in order to trigger the free bet or bets related to the promotion.

If you bet $170 on the Cowboys to win at -170 odds, the payout is $270. However, the profit, or amount of money you win, is $100. Odds can refer to moneyline, spread and total bets, and they can be displayed as American, British (fractional) or European (decimal). While odds look different, they mean the same thing.

Noun He has a wager on the game. I don't think the horse will win. What's your wager? Verb She wagered $50 on the game.

A gambling loss is a loss resulting from risking money or other stakes on games of chance or wagering events with uncertain outcomes. These losses can only be claimed against gambling income.

Free spins

This amount is calculated by multiplying your total winnings. For example, if you win $50, and the wagering requirement is “20 times,” you'll need to wager $50 a total of 20 times ($1,000) before you can claim your winnings.

For example: If you received $10.00 Casino Bonus funds with a 10x Wager Requirement (10xWR), Casino Bonus Funds: $10.00. Wager Requirement: 10 x $10 = $100.00.

Bet9ja Withdrawal Options and Transaction Times

Direct transfers go through banks accounts, which you can withdraw using an ATM. You can also use bank apps to move the funds to and from the Bet9ja account. You can withdraw a minimum of N1,000 and a maximum of N9,999,999 per day.

No, your Sportsbook free bets cannot be withdrawn, but winnings as a result of placing Sportsbook free bets will be credited to your main wallet and are free to use at your disposal. Your original 'free bet' stake will not be returned to you.

Why can't I cash out on Bet9ja? ›

The cash out option would only be available when there are no active games playing on your tickets. Although, I noticed that bet9ja sometimes offers the option for you to cash out when more than 50% of your games have been played and won, and you have only one active game playing.

Cash out is available on Single and applicable Multi Bet's as well as eligible AFL ONLY Same Game Multis. You will be offered a Cash Out amount immediately after you have placed your Bet. The amount offered will fluctuate as the odds of your Bet increase and decrease.

Withdrawals to debit or credit cards usually take 3 to 5 bank working days to process. Payouts handled manually through an ordinary bank transfer are processed within 5 banking days.

If your transaction is authorized then your bank account will be credited within 24 hours.

Who is the biggest winner in Bet9ja? The biggest winner in the bet9ja platform is a 17-year-old kid who became rich by winning 43 million Naira.

If cash out becomes unavailable to you, it is most likely for one of the following reasons: Your cash out value is less than the Free Bet stake you've used, cash out will be available again if the value increases. The market is suspended temporarily due to match incidents and market suspension.

If you are seeing this happening, it means your bank account is not eligible for fast payments and we'd encourage you to add a new bank account which is eligible. Please check with your bank to confirm and then add that bank account as a new withdrawal method.

Cash Out allows you to settle for a loss in running or mid-event, and this can prove beneficial if you believe that your selections chances are greatly reduced once the event has started. Anyone who has ever placed a bet before is likely to have heard of the phrase 'Cash Out'.

Bonus cash provides you with the flexibility of using a cash wallet for betting, with all of the added benefits that bonus bets deliver. Unlike regular Bonus Bets, Bonus Cash does not need to be configured, nor used in specific allotments. If you have $100 of Bonus Cash, you get to decide how you want to spend it.

What bets are eligible for cash out? ›

Some sportsbooks offer Cash Out for moneyline wagers, point spread wagers, parlays and futures bets.

Promotional Bonus funds are not available for withdrawal. While you keep any winnings, some of the bonuses come with what's called a "playthrough requirement." These funds can only be used to place wagers on the FanDuel product on which they were earned.