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Last Updated: 10/06/2026
Bet Insurance

₦5000 Sportbets App Refund If Ticket Loses

Claim a full stake refund up to ₦5,000 if your first mobile application wager loses

How it Works

Download the App: Download the official Meridianbet App on your iOS or Android device and log into your account.

Place Your First Bet: Place your very first ticket directly within the app with a stake of ₦100 or more. Ensure your slip meets the minimum game and odds requirements.

Get Risk-Free Insurance: If your first app ticket loses, you will receive a 100% refund of your stake up to ₦5,000 as a Sports Bonus, credited to your account within 72 hours of bet placement.

Terms & Conditions

  • Eligibility: Valid exclusively for registered Meridianbet customers in Nigeria who are using the mobile app for the first time.
  • Minimum Stake: ₦100 on your first app ticket.
  • Minimum Selections: A minimum of 3 games on the first ticket.
  • Minimum Odds: 1.35 or higher for each individual selection on the slip.
  • Maximum Bonus: ₦5,000 (granted only if the qualifying ticket is settled as a loss).
  • Bonus Limit: Strictly limited to one bonus per user/account.
  • Crediting Window: The Sports Bonus will be applied to eligible accounts within 72 hours of the qualifying bet being placed.
Payment Methods
Bank TransferDebit CardE-walletsMobile Money
License
  • Lagos State Lotteries and Gaming Authority (LSLGA)