A new Betfarm bonus for customers from Nigeria entered the market in 2021: you get a 100% match on your first deposit up to40000 NGN. In simple terms, you start with double your betting balance. To be able to withdraw your Betfarm bonus, you have to hurry up a bit, because you have 30 days to convert the total amount four times. With the maximum amount of 80000 NGN(40000 NGN deposit + 40000 NGN bonus) this is 160000 NGN. That is very good, you have even better turnover conditions here, for example: Tipico bonus, Bet365 bonus, Betway bonus. Every single and combination bet with odds of 1.80 or more counts for it. Attention: The bonus is not granted on a deposit with Skrill or Neteller.
Betfarm - Global Player from Nigeria
Betfarm started small, but soon established itself among the big players in the bookmaking industry. This can also be seen in the Betfarm welcome bonus, which has many strengths from our point of view. We will deal with this first, before we take a look at the other offers, which include odds boosts and much more.
Currently, the Betfarm first deposit bonus is only valid for Nigeria players. So if you are from Nigeria and register with Betfarm for the first time, you will get a bonus of 100% up to 40000 NGN So you start with a whopping 80000 NGN
You have to wager your deposit and your bonus amount 4x each. This results in a total amount of 800€, if you use the full bonus amount. When making a deposit, you have to take into account that the two e-wallets Neteller and Skrill do not qualify for the bonus. Ecopayz, for example, is accepted.
From the moment you make your deposit, you have 30 days to fulfill the turnover requirements. You have to observe the minimum odds of 1.80 for each bet. These odds are average and can be considered fair. Betfarm unfortunately passes on the 5% betting tax to the customer. This will be deducted from your bet. With the bet types you can fall back on all, except for system bets. For combined bets, a total odds of 1.80 is also sufficient.
We have explained the most important things about the Betfarm new customer bonus. As you can see, it is very simply structured. However, this is definitely a positive aspect for us, as simplicity is trump in the "bonus jungle". In general, we have to make as good as no compromises with the bonus offer. The turnover requirements are okay and the minimum quota is also in the midfield. The only deduction is that not all payment methods qualify for the bonus, as well as the relatively short turnover period of 30 days. Nevertheless, we give it 9 out of 10 achievable points. Only a few providers in our betting bonus comparison have a better offer.
Nigeria brand with British roots
The parent company in which the betting provider Betfarm is incorporated, Betfarm AB, was founded back in 1963 by Bill Lindwall and Rolf Lundström. In 2005 Betfarm became part of Betfarm AB. Before that Betfarm was in British hands. Now Betfarm AB employs over 2000 people worldwide. Most of them are based in Stockholm and in Malta. Betfarm AB also includes the brands Betsafe, Racebets and Nordicbet, among others.
Betfarmis also broadly positioned in terms of licenses or operators. The Nigeria site is operated by the BML Group Ltd. The BML Group operates in Malta and is licensed by the Malta Gaming Autorithy located there.
For players from the United Kingdom, Betfarmis licensed and regulated by the UK Gambling Authority. The same is true for Irish players. Here, the provider is regulated by the regulatory authority of the Republic of Ireland.
Players from Sweden, on the other hand, have to make do with a different operator. There, Betfarmis operated by BetfarmNordic Ltd, which in turn is regulated by the Nigeria Gambling Authority.