If you’re looking for a great place to enjoy both sports betting and casino games, Betway is a fantastic option. It also doesn’t hurt that they’re offering you a big bonus when you make your first deposit.
We’ve tested the Betway deposit bonus and broken it down into the nitty-gritty details, so that you don’t have to. If you’re keen to try this offer, simply continue reading to find out all about the $250 bonus, how to claim it, and how you can ensure you’re maximizing the outputs!
Introduction to bonus offers - Free bet if your first loses
Online sportsbooks have a number of ways of ensuring that you always feel like a winner, and a risk-free bet is one of the best of them! It really does what it says - there’s no risk as if you lose you’ll get a free bet to use next time. The Betway deposit bonus takes the form of a big risk-free bet - up to $250, depending on your state!
The first bit of good news is that there’s no Betway sportsbook promo code, so availing of the offer is as easy as opting in, at the cashier stage when making your first deposit.
When you make your first deposit and sports wager of $10 or more with odds and lines of -300 or more, you’ll be credited with your bonus only if your original bet loses. If your bet wins, that’s great, and you can simply continue on with your Betway journey.
The amount of free bet funds you receive will be equal to the amount of your original bet, so if you bet $10 and lose, you’ll get $10 in free bet funds, but if you bet $250 or more, you’ll get the full offer.
There are no wagering requirements on the sportsbook offer (they do apply to the casino offer though), so any winnings from your free bet funds will reflect in your account as cash, and you’ll be able to withdraw them immediately. You’ll need to make sure that you claim the offer by depositing within seven days from opening your account, and you’ll also have seven days to use your free bet, otherwise it will expire.
Although the welcome offer here doesn’t change that often, you should still check the T&Cs and ensure that there are no changes to wagering requirements or timelines, before you deposit.
Top 5 expert tips to take advantage of the offer - Choose between sports & casino
Decide if you’re more interested in sports or casino
The terms and conditions for the Betway deposit bonus state that you can’t claim two welcome offers in tandem, or indeed use the welcome offer in conjunction with any other offers at all.
If casino is available in your state, and if you’re a keen slots player, you’ll need to weigh up both options and decide which one appeals to you the most, before choosing which you’d like to claim.
Don’t forget to opt in before you deposit
As there is no promo code needed for the Betway deposit bonus, you’ll need to opt in. When you’ve created your account and logged in for the first time, you’ll be presented with the offer, and here you’ll need to opt in. This can be done in a few different ways, for example within the cashier before you deposit.
Keep track of fixtures you’d like to use your free bet on
Betway has an amazing array of sports and markets, so you definitely won’t struggle to find a place to use your free bet. Once you’ve signed up and logged in, the list of available sports is down the left hand side of the screen, and if you click into each, you can see which events are available. We would suggest that you keep a tracker of what’s coming up, so that you can use your free bet where it makes the most sense.
Always read the terms and conditions
The Betway deposit bonus offer isn’t at all difficult to understand, and if you’re quite familiar with playing at sportsbook operators, you might know all about risk-free bets. However, it is important to note that certain aspects are different between providers, so you should have a thorough read of the T&Cs before making your deposit. For example, a few things to be aware of are that you’ll have seven days from creating your account to claim the offer, and that if you cash out a bet early, you’ll forfeit the promotion.
Check the offer for your state
It’s sometimes the case that deposit bonus offers different between the various states, for example players in certain states may be able to avail of a bigger bonus. At the moment, the Betway bonus is the same across all states, but it’s always worth confirming via the terms and conditions.
Frequently Asked Questions about the bonus - What do I need to know?
Do I have to verify my account before I claim the bonus?
The Betway deposit bonus is only available for new players who have created a verified Betway account. This will be done when you’re signing up, as you’re required to submit details including your social security number in order to create your account. In some cases, you might be asked to submit legal ID documents or proof of address in order to verify your account before you can claim any offers, or make any deposits.
Are there any wagering requirements on this bonus?
It’s great to see that the Betway sportsbook welcome offer doesn’t come with any wagering requirements, so your winnings from the free bet funds will be credited to your account in cash and you can withdraw them. The Betway casino offer does come with wagering requirements of 30x, which applies to both the original deposit and the bonus. This is still quite a bit lower than what you would expect at some other online casinos though.
Is there a Betway sportsbook promo code?
The Betway welcome bonus is really simple, so there’s no promo code. Remember, you can’t claim both the sports and the casino option, so you’ll need to choose before you make your deposit. If you’re claiming the casino offer, your bonus will be credited within 24 hours, while the sportsbook free bet will be credited once your original losing bet has been settled.
Who is eligible for this bonus?
You’ll need to be physically located in one of the states where Betway operates in order to be eligible for this offer. These states are AZ, NJ, PA, IO, IN and CO. As you’d expect, you also need to be over the legal gambling age, which is 21. This offer is only open to new Betway customers, and will expire if not claimed within seven days of creating your account. It’s also only valid once per person, email address, household or IP address, so if someone else in your home has claimed it, you won’t be able to.
Can I use this offer in conjunction with other offers?
You’ll need to use this offer on its own, as it can’t be combined with other offers, including the casino welcome bonus. You also can’t use your free bet funds on any markets with enhanced odds and lines.
Additional Rewards & Loyalty Programs - Exclusive Betway Rewards program
Betway’s loyalty program is known as Betway Rewards, and all players are eligible to join, but your membership and your level will be based on your play. Loyal players have a lot to look forward to, like enhanced promotions and offers. In addition, you’ll have access to priority customer support, by means of the dedicated account manager who will be assigned to you.
In addition to the VIP and loyalty programs, regular players can look forward to all kinds of different promotions like free bets and enhanced odds and lines. Betway Casino players will also get their own promotions, which usually take the form of a match bonus. At the moment, the only thing that’s missing is that there are no Betway no deposit bonuses.
Betway Sports Bonus
The Betway deposit bonus for new sports players takes the form of a generous risk-free bet of up to $250. This simply means that you need to place a bet of $10 or more the first time you deposit, and if it’s a loser, you’ll get the same amount credited back to you in free bet funds.
This is a very standard welcome offer that a lot of online sportsbooks offer, but Betway’s one is particularly generous, as some other operators only give you a very small free bet. Read on to find out all about the Betway deposit bonus and how to use it.
The process of claiming and using the Betway deposit bonus is really simple. There’s no Betway sportsbook promo code, so the offer is applied automatically when you opt in.
Once the first bet is placed, if it loses you’ll get your free bet funds pretty quickly - the maximum time it takes is 24 hours. It’s worth noting that you’ll need to place your original bet with odds of -300 or higher.
It’s easy to use your bonus funds, simply navigate to the event you want to bet on, and place your bet in the usual way - there’s an option on your betslip to use your free bet. The free bet funds can be used on any sports and markets (with the exception of enhanced odds), so there’s plenty of choice.
We were thrilled to find that there are no wagering requirements on the Betway deposit bonus offer. Any winnings from your free bet will be credited to your account and paid out in cash, just like winnings from a real money bet. You can then withdraw immediately without having to meet any playthrough requirements.
Pitfalls & what to avoid when claiming the bonus
The Betway deposit bonus is a pretty straightforward offer, but there are a few things to keep in mind. Firstly, you’ll need to opt in before you deposit - this can be done within the cashier section.
When using your free bet funds to wager, it’s important to note that if it’s a winner, you’ll only be awarded the winnings from that bet, not the original stake. So for example, if you win a $250 wager using free bet funds at +150, you will receive $375 in cash winnings, but you will forfeit the original stake of $250.
Your original bet must be settled within seven days of opening your account, and you’ll also have seven days to use your free bet funds.
If you’ve used your Betway free bet funds but choose to cashout a bet early, you’ll also forfeit the promotion.
Conclusion/Verdict on bonus
The Betway deposit bonus is a very good offer, and we wouldn’t expect anything less from an operator of their standing. The good thing is that there isn’t actually a Betway sportsbook promo code that you need to be aware of, because once you opt in to the promotion and make your deposit, you’ll automatically receive the offer. It’s also good to see that even though Betway does have a casino, they’ll get a totally different welcome offer, so this one is entirely tailored for fans of sports.
Betway Casino Bonus
The Betway deposit bonus for new casino players is absolutely huge - it’s a match bonus of up to a whopping $1,000 when you make your first deposit. You can then use your funds on the range of casino games. You won’t be able to claim this offer in conjunction with the sports offer.
To claim this offer, we had to make a deposit of at least $10, within seven days of opening a Betway account. Opt in is required for this offer (as there are wagering requirements attached), and this is easy to do within the cashier before making the deposit.
The good thing about casino bonuses is that they’re credited pretty much immediately. One thing we did notice was that the original deposit amount was now restricted to casino games, so you won’t be able to wager on sports until you’ve met the wagering requirements. We played some low value spins, to keep the play going for longer!
Unlike the sports offer, the Betway casino deposit bonus does come with wagering requirements. These are set at 30x, which is relatively low for a casino offer, as some other casinos can require wagering of up to 50x.
It’s important to note that the wagering requirements apply to the sum of your original deposit, plus the bonus amount you’ve received. For example, if you deposit $100 and claim $100 in bonus, the 30x wagering will apply to the total of 200. You’ll have 30 days in which to complete the wagering requirements.
Pitfalls & What to Avoid when Claiming Bonus
The first thing we noticed was that not all games contribute equally to the wagering requirements here. Most slots contribute 100%, but table games only count for between 0% and 8%, depending on the game.
You’ll also need to ensure that you can meet the wagering requirements within the 30 day timeframe, otherwise you will forfeit both the bonus and any winnings from it. The final thing to bear in mind is that you can’t claim this bonus as well as the sports bonus, so you do need to be selective.
Conclusion/Verdict on bonus
The Betway deposit bonus for casino players is excellent, definitely one of the best we’ve seen out there at the moment. If you make a big first deposit, you’ll have a truly huge amount of funds in your account to get you started, and with such a fantastic array of games, you’ll have no trouble using up your bonus and completing the wagering requirements. Overall, the only problem we could find was that it might be tricky to choose between this offer and the sports bonus!
Overall Conclusion/Verdict - Generous offer for new players
Betway deposit bonuses are available on both sports and casino, so the first thing to do is to decide which one you want to claim, if casino is available in your state. The sports bonus is really generous and it’s easily one of the best sportsbook promotions that we’ve come across!
Bear in mind that if your first bet wins, you won’t be eligible for the bonus offer. Aside from that factor, we would definitely recommend claiming the offer, as it’s the perfect way to start your journey with Betway.
Arizona — Wide range of sports & markets
If you choose to play at Betway Arizona, you’ll have a wide range of sports to bet on - everything from NFL and NHL, to European soccer. The Betway Arizona bonus for sportsbook players is a risk-free first bet of up to $250, which is an excellent way to get started!
Colorado - Local & international fixtures
Betway Colorado players will have access to a wide range of sporting events and markets, covering both local and international fixtures in some of the world’s biggest sports. The Betway Colorado bonus takes the form of a risk-free bet of up to $250 if your first bet loses.
Indiana - Sports betting only
While there’s no casino offering at Betway Indiana, players can look forward to betting on hundreds of different sporting events, with some great promotions. To help you get started, the new player Betway Indiana bonus is a risk-free bet of up to $250, which you can use on all sporting events (except those with enhanced odds and lines).
Iowa - Risk-free bet
The Betway Iowa bonus is a risk-free bet of up to $250, and along with this great offer, players can bet on a wide range of different sports and markets, covering all of the biggest events. Betway Iowa players don’t have the casino option, so sports is the only welcome offer.
New Jersey - Sports & casino bonuses
At the Betway New Jersey casino, players can enjoy both a sportsbook offering and a thrilling casino experience. The Betway New Jersey bonus takes the form of either a free bet of up to $250 on sports, and the up to $1,000 casino bonus.
Pennsylvania - Choose your bonus
Betway Pennsylvania players are also spoiled for choice, both in terms of the offering, and the Betway Pennsylvania bonuses. Here you can select either the sports free bet of up to $250, or the casino bonus of up to $1,000, both of which are excellent offers in their own right.
Betway deposit bonus FAQ
🇺🇸Is Betway legal in the USA?
Betway is one of the biggest names in the online sportsbook and casino world. They’re licensed in a whole lot of different countries all around the world, and operate under all regulations wherever they are. Read our full review to see if this sportsbook is available in your area and whether you can get a Betway free bet.
🔒Is it safe to deposit at Betway?
It’s important to ensure that you’re signing up at a safe and secure online casino, before you give them any of your money. Licensed online casino and sportsbook providers take a lot of different measures to ensure that their customers have a safe environment in which to play. Read on to find out how fast the Betway withdrawal time is and learn whether you can trust this sportsbook with your deposits. .
🎰What is the Betway casino bonus?
This operator offers not only a Betway sportsbook promo code, but also an online casino in certain states, packed full of exciting slot games and classic casino games. There’s a lot on offer to players, including some generous bonuses, so read our PromoGuy.com review for the full lowdown on what you can expect as a new casino player.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.