Betway is a global brand that has launched online sportsbooks in five states and is expected to continue to grow. Betway Sportsbook is online in Colorado, Indiana, Iowa, Pennsylvania and New Jersey at this time. New users who open a Betway Sportsbook account will qualify for first wager bonus bet up to $1,000. There is no Betway bonus code needed to claim this promotion in those states.
Betway was founded in 2006, and the group is now based in Malta and Guernsey, with support offices in London, Cape Town and the Isle of Man. The site is licensed and regulated by the Malta Gaming Authority and UK Gambling Commission. If it were to operate in the US, it would be under the jurisdiction of the relevant state gaming authority. Betway is the official betting partner of and sponsors the West Ham United Football Club, which plays soccer in the English Premier League. If American sports teams become open to such arrangements, look for Betway to market itself that way stateside, as well.
Betway Sportsbook welcome bonus
Betway offers new users up to $250 bonus bet with first wager. Just register a new Betway Sportsbook verified account and you’ll receive a refund (up to the max) if your first bet doesn’t win. Currently, you don’t need a Betway promo code.
Be aware, that the refund comes in the form of bonus bets which expire in exactly one week from when they land in your account. Also, in order to qualify, your opening bet must have odds of -330 or longer. It also must settle within seven days from when you opened your account, so no futures bets.
Overall, Betway’s welcome offer is solid, while not spectacular.
Betway Sportsbook app promo code in May 2023
| Betway Sportsbook Promo Code | Click to claim promo |
|---|---|
| Sign-up Bonus | Up to $250 bonus bet with first wager |
| Last Verified | May 2023 |
Terms and conditions apply to all offers. Please see Betway Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+
Betway Sportsbook sign-up bonus — terms and conditions
There are a few more things you should understand about the Betway Sportsbook bonus bet welcome bonus. Let’s take a look.
Bonus bet refund
The fact that losing bets are reimbursed with a bonus bet is common at online sportsbooks. However, there are still a few major things you need to understand about how the Betway sign-up bonus works.
The biggest key is that the monetary value of bet credits does not transfer over into any potential winnings. Let’s say you end up with $250 in Betway credits. If you were to place them all on a wager with -300 odds and win, you would only have $83.33 added to your account. So, even after winning your second bet, you’d still be down more than $160. Just to break even, your bet credits’ wager will need to have odds of +100. Bonus bets also expire seven days after being issued.
As long as you understand these terms and conditions and are comfortable with them, you should have no qualms about taking full advantage of Betway Sportsbook’s welcome bonus for users in CO, IA, IN, NJ, OH, & PA. Again, you do not need a Betway promo code.
Betway promos
Betway Sportsbook also has a number of promotions that are available for existing users.
Just click on the Betway promotions page and you’ll see everything there is to offer. Among the deals that were available when we sampled Betway were these:
- 15% hockey parlay boosts: Simply create a hockey parlay with minimum odds of -500 for each leg and you’ll earn anywhere from a 5-15% increase if you bet has at least three legs.
- Bonus live bets: For select games, Betway awards you bonus live bets when place a pre-game wager of a certain amount. For instance, if you placed a pre-game wager of at least $10 on the New York Knicks-Philadelphia 76ers game, you would receive a $5 bonus bet that could only be used for a live wager during that game.
How to sign up for an account at Betway online sportsbook
Here is the expected step-by-step sign-up procedure for new registrations with Betway:
- Visit the Betway homepage and click “register.”
- Enter personal information, account information, including a username and password, and contact details.
- Enter an optional Betway promo code.
- Confirm you are 21 or older (depending on the location) and that you accept Betway’s terms and conditions.
- Register the new account.
New players make an initial first deposit and place the first bet, which activates the welcome offers where applicable.
Betway sports betting app
A typical US operator will provide mobile customers with an Android and iOS app. There are usually links on the website to download the appropriate app. Generally, we recommend users sign up to a new sportsbook using the operator’s website, and after that download the app for their iPhone/iPad or Android device. This is to ensure the promo code is entered correctly and bonuses are maximized.
It is rare for operators to offer mobile-specific bonuses. However, betting apps are fully functional, so mobile customers with Betway will probably be able to claim any welcome bonus and ongoing promotions.
Betway betting options
You can expect a full range of betting markets for football, hockey, basketball and baseball. Across the industry the most bet-on US sports leagues are the NFL, NHL, MLB and NBA. The biggest betting events with Betway will be the Super Bowl, March Madness, Stanley Cup, World Series and NBA Championship. The US site will also feature global sports like soccer, tennis and golf.
Existing Betway sites also offer the ability to place wagers on politics, esports and TV specials. The availability of these on an American version of Betway will depend on local regulations.
Types of bets with Betway Sportsbook
There are a number of variations to the wagers you will be able to make on the Betway app. Here’s a look at some of them.
Pregame
If Betway enters the US market, the operator will have to tailor the pregame betting product and types of bet. The most popular bets in the existing countries are the match winner, handicaps and totals. However, players in the US will expect the following types of bets:
To look closer at wagering options, let’s consider a typical NBA game. Betway displays the equivalent of the money line as a three-way including the tie. Then there is a link to additional markets, of which there are up to about 20, including the money line with overtime, point spreads and total points. Betway compiles the money line with a margin of 105.56%, which is about average for the US market.
In-play
In-play betting is an important element of a US sportsbook, and Betway should offer a comprehensive service. The UK site does not offer live streaming, but there is an animation of the progress of play and live match data. The most popular in-play sports will probably be the NFL, NBA, MLB, college sports, soccer and the NHL. You will have the option to cash out existing bets before expiry to guarantee a profit or limit the loss. The cash-out value generally depends on the stake and odds of the original bet and the odds at the time of the cash-out request. For a typical NBA in-play fixture, Betway offers about 20 betting options.
Futures
You can bet on the outright winner of a decent range of leagues and competitions with Betway. The futures product features betting on the winners of divisions, conferences and championships for the four main US betting sports. Other popular futures markets include the winner of the Premier League in England and major championships in golf and tennis. Betting is updated after each game day or round. Betway publishes futures markets before the start of the regular season and up to the finals.
How to place a bet with Betway
You visit the “Sports” page of the Betway website and locate the appropriate event. A match is located by following the quick links or from the list of all sports. When you initially click on a line, Betway displays the bet slip. Players enter the stake and type of bet. The bet choices include singles, multiples and system bets or the equivalent for US players on any potential Betway US site. Once all the required fields have been populated, you click “Place Bet.” Betway generally accepts the bet and updates your account accordingly. The UK bet placement procedure should be replicated on the US release if Betway is granted a license to operate.
Betway Sportsbook deposit and withdrawal options
As a US-registered customer with Betway, you will have a number of banking options. Transactions will be subject to limits and will be carried out using the following methods:
Deposits
Players with Betway will be able to deposit betting funds in US dollars using debit and credit cards, prepaid cards, a selection of e-wallets, check and bank transfer. The online transactions are immediate, and there are no charges. It is common for any account funded by a particular deposit method to have the same options to withdraw cash.
Withdrawals
You should be able to transfer funds from an active US betting account to a bank using several methods. The most popular options are debit and credit cards, Betway prepaid cards, a number of e-wallets that could include PayPal, checking account and bank transfer. Withdrawals are subject to delays of two to five days, depending on the method.
How to make a deposit and withdrawal on Betway
Having registered a new account with Betway, you will be prompted to deposit betting funds. You select the method and register a card where appropriate. There is a field for the amount, and once the deposit has been made, your account balance is updated accordingly. There is a similar procedure for withdrawing funds, but there can be some delays, which depend on the banking provider and the type of transaction.
Other Betway online gaming products
Betway is a global brand that operates in the UK and other markets. The core product is sports betting, but sites in each location feature casino and Vegas gaming products. The Malta Gaming Authority and UK Gambling Commission issue one license to cover the full range of products. Existing gaming sites feature a sportsbook and casino table games in one location, and Betway will probably adopt this model. The operator will probably complement a sportsbook welcome offer with a casino-related sign-up bonus.
Betway loyalty program
US sportsbooks generally invest more in welcome bonuses and ongoing promotions for new customers than a loyalty program. The value of any new player offer and the amounts you can claim as an existing player compensate for the lack of a loyalty program with some operators. A common incentive to introduce new players is a refer-a-friend program. However, existing Betway sites do not feature this type of promotion, so there is unlikely to be such a program for US players.
Customer service with Betway
You can contact Betway on existing sites using a “help” search facility. You enter a keyword or phrase to locate assistance in a number of areas. The US customer support service should mirror what is available in other locations. There is also a detailed FAQ section. Customers must log in to gain access to a support telephone number and live chat. Response times are adequate, and the quality of the service should satisfy registered US customers.
The Betway Group is committed to promoting responsible gambling. Country sites have banner links to support bodies in their locations. Options also include self-exclusion, deposit limits and even the closure of an account. Problem gambling is a global issue and operators in the United States offer similar control measures, so Betway is expected to comply with current procedures in the US.
Closing comments about Betway Sportsbook
The Betway brand has become more familiar around the world due to its partnership with the West Ham United Football Club. The club now plays in the renamed London Olympic Stadium, and the move from the former ground has generated a great deal of publicity. Betway is now an established and trusted brand that offers a sports betting service with few flaws.
Betway’s entrance into the US sports betting market in New Jersey, Pennsylvania, Iowa, Indiana and Colorado only further strengthens its quality reputation. Expect Betway Sportsbook to continue growing in the coming months and years.