Welcome Bonus

Oatbet offers 150% Welcome Bonus on first-time deposits.

It’s simple and easy. You only have to follow 3 easy steps;

  • Step 1: Register
  • Step 2: Deposit
  • Step 3: ACTIVATE your 100% Welcome Bonus.
  • Here’s how it works;

The bonus matches 150% of your first deposit up to NGN 100 000. This means: If you deposit NGN1, 000, you will get another NGN 1,500 bonus.

If you deposit NGN 200, 000 you will get an additional NGN 100, 000 (NGN100, 000 being the maximum bonus amount).

Once you activate the bonus program, the deposit amount equivalent to your bonus amount will be transferred automatically in the Sportsbook Bonus account. It means:

If you deposit NGN 1,000 and activate your bonus, your funds will be transferred to the bonus account totaling NGN 1,500.

Terms and Conditions

  • The minimum deposit is NGN100.
  • Each selection must have min odds of 1.5
  • You would not be able to withdraw winnings from the bonus given without wagering on five (5) events or more on a bet slip with the bonus value given.
  • You would also need to rollover your bonus value 10 times and once this condition is met, the system would merge your bonus account with your main account for winnings to be withdrawn instantly.
  • The maximum bonus amount that can be turned to real and be withdrawn is capped at NGN 100,000
  • Bets will only contribute to the requirements once all the results are in and all the bet slip is settled
  • In the unlikely event that a bet is re-opened, the operator reserves the right to specify the total contribution amount from that bet.
  • You cannot bet on Virtual games with your bonus.
  • Voided bets, canceled bets and bets that have been cashed out are non-contributing.
  • The punter forfeits the welcome bonus if he chooses to withdraw the funds in his account before using the bonus.
  • Bet containing events finishing after the bonus expiry date will not be contributing.
  • Promotional offers are limited to per person, family, household address, email address, telephone number, same payment account number, and shared computer, e.g. public library or workplace. The operator reserves the right to forfeit the offer availability if the player is deemed to have already participated in the promotion.
  • Offers only apply to customers who have made a real money deposit with the operator. The operator reserves the right to stop the offer to any customer or group of customers at any time and at the operator’s sole and absolute discretion. This will also consider users who have been found attempting to defraud the bonus system.
  • The operator reserves the right to stop the offer to any customer or group of customers at any time and at the operator’s sole and absolute discretion.
  • Offers only apply to online customers. A customer registered through or managed by retail outlets cannot apply for the bonus.
  • The operator reserves the right to amend, cancel, reclaim or refuse any promotion at its own discretion.
    Note: The above Terms and Conditions are subject to change.