LionsBet Free Bet, Bonuses & Welcome Bonus – 100% Deposit Bonus

Published: January 21, 2019
Last Updated: January 24, 2024

After opening a LionsBet account and making your first deposit, you can take advantage of all the nice promotions that this betting website has to offer. LionsBet is pretty generous to its customers and that’s why they have become so popular since their appearance on the Nigerian betting industry.

The LionsBet Welcome Bonus is a great one as the bookie offers you a 100% bonus on your first deposit, up to a maximum of N100,000. However, you must bet the bonus amount on an accumulator with five events or more on individual odds of 1.5 and above. In addition, the bonus must be rolled over seven times, and after you met all the aforementioned requirements.

Below we list a number of the other eye-catching promotions offered by the bookmaker. There is also an extensive LionsBet Review on this website.

Accumulator Boost

The Accumulator Boost does what the name says, it boosts your total winnings depending on the number of selections of your betslip. In order to be eligible for this promotion, you need to place an accumulator with three or more selections with individual odds of at least 1.2. T&C’s Apply.

Cashback Bonus

The Cashback bonus feature enables customers to get a percentage of their losses back at a given time. In order to be eligible for the cashback, you need at least 8 games on a betslip with individual odds of at least 1.3. The minimum stake is N100 and if you’re let down by only one game, LionsBet will award you 15% of expected winnings minus the bonuses and the lost match. T&C’s Apply.

Free Bet

Free Bet is a LionsBet system designed exclusively for the loyal customers. This promotion will reward the existing customers with a certain amount for bet placement after having reached a set limit of stake amount. The FreeBets have an expiry date of 1 week with 1.2 minimum odds for a single bet and an accumulator of 1.2 per game. T&C’s Apply.

Frequent Player Points

By betting with this bookmaker you will collect Frequent Player Points (FPP) which can be used to stake bets. There is a FPP meter when you click on your account on the bonus section. Once you reach 1,000 points, you can click on payout and automatically the points with be exchanged to Naira and sent into your main account. Every point is equivalent to 1 Naira. Minimum stake per bet is N100. T&C’s Apply.

Deposit Achievement

This is another great offer for the loyal customers as LionsBet will give them a reward for a deposit amount. Once you reach N250,000 in deposits you can request for a pay out which is 1% of your deposit. This means that for every total deposit amount of N250,000, you will receive N2,500. T&C’s Apply.

Weekly Giveaways on Social Media platforms

Weekly giveaways occur every Tuesday on all social media platforms (Facebook, Twitter and Instagram). There are loads of free gifts and vouchers, so you just need to stay tuned on all LionsBet social media pages. T&C’s Apply.

Becoming A Member

In order to sign up with LionsBet Nigeria you need to visit the and click on the yellow Register button situated at the top-right corner of the homepage. Afterwards, you need to fill in your personal details such as Full name, address, date of birth, phone number etc, and account details: username, password, e-mail address and to choose the verification method via e-mail or via SMS. Please note that you need to be at least 18 years old in order to make an account and you must tick the Terms and Conditions box. Once you’ve complete those mandatory fields you will receive an activation link depending on your verification method (on your mobile or on your email). Afterwards, you can fund your account and start betting with LionsBet.

LionsBet offers a wide range of deposit options to help its users to make safe and instant deposits into their accounts:

Deposit Methods: Paystack card and bank deposit, Webpay Nigeria Deposit (Interswitch, MasterCard, Visa and Verve), Quickteller ATM and Quickteller Deposit, Paydirect Deposit and Scratch Card Deposit.

However, for withdrawals, the only method available is via a bank transfer.

Withdrawal Method: Bank Transfer

The minimum deposit available at LionsBet starts at N50 with maximum stakes currently sitting at N100,000. Meanwhile, the minimum amount for payouts is N1,000 while the maximum is N250,000. Payouts are processed within 24 hours so the money will be with you in 2 working days.