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First Bet Cash Back

First Bet Cash Back


Gearing up for the Euros? As a new customer who registers from June 1, if you lose your first sports bet, you stand a chance to get 100% Cash-back up to N5000!

Promo is for a limited time only.


For your first bet to qualify for a cash back, it needs to meet the following conditions;

  • The first sports bet must be a multiple bet with at least 8 selections and a min total odd of 6.0
  • Bet is lost (won bets will not count)

If the bet ends up being lost, you will receive a cash back within 24 hours after the bet settlement and a notification will be sent to you via the website messaging platform.

Note: Qualifying bets that settle on the weekend from Friday will be awarded cash back by the next working day.




Key Cash back Conditions

  1. This promotion is for a limited time only and starts from June 1
  2. Cash back is only issued on your first sports bet. Virtual bets do not qualify
  3. Only online users who register from June 1 qualify. Users who have previously had an account will not qualify. 
  4. Your first bet must have been made and settled during the promo period starting from June 1. 
  5. Only first bets count. If the second bet meets the criteria, it will not be considered for a cash back. 
  6. Your First bet has a min total odd of 6.0
  7. Your First bet has to be a multiple bet with minimum of 8 selections.
  8. Singles and Combination first bets will not qualify
  9. Cashed-out, cancelled and voided bets will not qualify
  10. Won first bets do not qualify
  11. If you lose your first bet with the criteria above, you will receive a cash back, the value of your first bet, capped at N5000
  12. Qualifying bets that settle on the weekend from Friday will be awarded cash back by the next working day. E.g if your bet settles on Friday, cash back will be awarded by Monday. If it settles on Saturday, cash back will be awarded by Monday as well.
  13. Cash back offer is open to one customer per household. Any accounts found to belong to the same set of individuals will be disabled and will not receive a cash back.
  14. One welcome offer per household/IP address/Mobile or Tablet device only. Previous account holders are not eligible for the offer. Anyone opening a betking.com account that has previously held an account with us that is closed does not qualify for the offer.
  15. Users found to be colluding or betting together e.g. trying to cover a series of results in similar games will not be awarded the cash-back or may have cash back removed.
  16. Cash-back applies to only settled bets. If a bet is placed before the end of the promo period but settles after, the cash-back offer will not apply. E.g if the promo ends on June 30 and the bet settles on July 1, the cash-back offer will not apply.
  17. Cash-back will be awarded daily. For each user, at least 24 hours after the settlement of the ticket.
  18. A user cannot be awarded a cash-back more than once during the promo period.
  19. If a user's account has recently (within the last 30 days) been credited with bonus funds, the cash-back will not be awarded
  20. BetKing wants players to have fun - only bet what you can afford to lose
  21. General promo terms and conditions apply