Imagine getting paid every month for online sports betting regardless of the outcome of your selections…no it is not a salary, it is the [Royal Cashback by BetKing](https://m.betking.com/help/royal-cash-back). **What is Royal Cashback?** Royal Cashback is a monthly reward system for our Kings, the loyal customers of BetKing are about to be rewarded for staking on your favourite markets in the wide array of markets offered by your Playground for Kings. You can stake on any of the exciting offerings on BetKing from [Sports](https://m.betking.com/) to [Virtual](https://m.betking.com/virtual) games and even our exciting [Casino](https://m.betking.com/casino/) games to be eligible for Royal Cashback and receive a sizeable monthly reward upon fulfilling the criteria.
**Betting tips** You need to stake at least 3 million Naira in 30 days or less to be eligible for Royal Cashback and here are some of the best ways to do that on BetKing: 1. Focus on BetKing’s Virtual betting markets due to the fast nature of it, you will surpass the 3 million Naira minimum stake in no time. The BetKing Virtual market offers ‘[Scheduled Football Leagues](https://m.betking.com/virtual/league/kings-league)’ including the Kings League, Kings Liga, Kings Italiano and Kings Bundliga. Also, check out the Instant Football Leagues including the Kings Insta League, Kings Insta Liga, Kings Insta Italiano and Kings Insta Bundliga. More BetKing Virtual games include Racing and Numbers games, all good opportunities to increase your staking power in a short period of time. 2. BetKing’s [Casino betting](https://m.betking.com/blog/casino/) is another way to achieve a quick turnover in stake. More well-researched betting tips and previews are available on our blog. [Sign up for a BetKing account](https://m.betking.com/account/registration) and follow the above steps to become a beneficiary of Royal Cashback.
**More information on Royal Cashback** **When is the Royal Cashback paid?** After opting into the Royal Cashback promotion and meeting the requirements to be eligible, the cashback will be paid into the BetKing account on the 5th of the following month based on the staking activity of the previous month. An e-mail & SMS will be sent to the benefiting customer as a confirmation of your Monthly Cashback and “Manual Cashback” will appear on your transaction list on the app. **How much is the Royal Cashback?** The payment structure of the Royal Cashback monthly promotion is divided into three simple categories: 1. Those who stake between the minimum 3 million Naira and 5 million Naira range are eligible to receive 25,000 Naira in a month. 2. Monthly stakes between 5 and 10 million Naira are entitled to 50,000 Naira for the month. 3. And finally, monthly stakes of 10 million Naira and above will get a cashback amount totalling 100,000 Naira. As earlier stated, the main purpose of the Royal Cashback is to appreciate loyal BetKing customers for your continued patronage of the online sports betting site with the best odds. Here are some betting tips to help you take advantage of the promotion and increase your staking power to meet the 3 million Naira threshold for Royal Cashback. **The terms and conditions of Royal Cashback** So if you are curious about Royal Cashback and how to be a beneficiary of BetKing’s monthly reward system, here are a few things you need to know. These are the terms and conditions of the Royal Cashback and everything you need to know to be a part of it. 1. **3 Million Naira minimum stake**: The first and most important thing to do to be eligible for Royal Cashback for any particular month is to stake at least 3 million Naira on any of BetKing’s offerings such as Sports, Virtual and Casino games between 1st and 30th of the month in question. So for example, if you aim to receive the Royal Cashback for next month, you would need to stake 3 million Naira or more either in a lump sum or cumulatively from August 1 to August 30. For further clarification, you can opt into the Royal Cashback at any point of the month, it does not have to be specifically from the start of the month as long as the 3 million Naira minimum stake is met before the 30th. 2. **What to stake on:** The 3 million Naira minimum stake to qualify for the promotion could be staked on any one or all of the Sports, Virtual, Casino and other offerings on the best betting site in Nigeria, BetKing. 3. **Account verification**: It is important to note that only verified BetKing accounts are eligible to receive Royal Cashback. Verification is a process of providing valid identification in the form of a passport, voter’s card, national ID or driver’s license to prove that they are 18 years old or older as the minimum age requirement for BetKing customers. Only verified accounts are allowed to withdraw funds. 4. **Make sure that your data with our compliance is up to date** If you have any further questions on Royal Cashback and other BetKing promotions, check out the [help](https://m.betking.com/help) page.