Betway Betting Bonus – $250 Risk-Free Bet

Peter N
October 11, 2021
Betway sportsbook welcome bonus

Betway is one of the top gaming sites that offers real money sports betting and casino platform all over the world. Now, the sportsbook entered the US sports betting market in March 2021 and currently live in NJ, PA, CO, IN, and IA. Welcoming the new customers, Betway sportsbook offers a betting bonus of a $250 risk-free wager on the first bet. If you win, great! If your first bet loses, you get a matching free bet, which you need to use within seven days. This offer extends to all of Betway’s U.S. markets and is exclusive for new customers. 

The risk-free bet bonus is a great way to get started with Betway because you’ve got nothing to lose! Whereas, existing customers can take advantage of a variety of rotating promos that change on a regular basis.

Below, we explain in detail how to claim the bonus.

How to claim Betway Sports Betting Bonus?

The $250 Risk-Free Bet bonus is exclusive to new registered users of Betway sportsbook. The bonus is applicable to players who are at least 21 years of age and present within the state lines where the Betway sportsbook is live. Currently, Betway online and mobile sports betting is available to New Jersey, PennsylvaniaColoradoIndiana, and Iowa players.

You can claim the Betway sports betting bonus and other promotions only after creating your account. Follow these steps:

For example, if you place a $50 wager after signing up and it loses, Betway will give you $50 in free bets.
Note that the Free-Bets are not the equivalent of cash winnings. You can only use them to place wagers in the Betway sportsbook. For the first losing wager, Betway credits the amount equal to the risk-free bet to patron’s account within 24 hours after the wager is settled. The Free-Bets will be available in your account/bet slip as funds that you can use on one future wager in the Betway sportsbook.
Whereas, if the risk-free bet is a winning wager, patron will just receive their standard payout from their risk-free bet.

Conditions of the Wager to qualify as a Risk-Free Bet

In order to qualify as a Risk-Free Bet, the wager must meet the following conditions:

  1. The bet must be the first qualifying wager (betting odds of at least -300) placed in Betway’s Sportsbook after patron opts in to the Promotion.
  2. The eligible wager must be placed and fully settled within seven (7) days of opening the new Betway account.
  3. The wager must be made with real money. In other words, wager made with bonus funds, free bets, rewards, and/or odds boosts do not qualify.

Betway Sports Betting Bonus – FAQs

What is the Promotional Period of Betway Sports Betting Bonus?

The Betway sports betting promotion is available to qualifying customers from 12:01 a.m. ET on 08/16/2021 and ends at 11:59 p.m. ET on 12/31/2021.

Should I be in Pennsylvania to bet on the Betway sportsbook?

Just like any other legal sportsbooks, Betway accepts all real money wagering activities only only from states where the sportsbook is live. Meaning, the wagering activities are geo-restricted. Therefore, players need to be present within the state borders of New Jersey, Pennsylvania, Colorado, Indiana, or Iowa to be able to place sports wagers via Betway sportsbook.

Can I redeem free bets via Betway mobile app?

Yes, you can redeem Betway free bets via online or mobile apps. The process of redeeming the free bets on mobile app is same as the website version. Certainly, you can download the Betway sports betting app from Betway website or directly from iOS AppStore and Android Play Store.

Can I redeem Betway sports betting bonus on Betway casino?

Unfortunately, you cannot redeem Betway sports betting free credits to play slots or table games on Betway casino.

However, Betway offers exclusive new player bonus and various promotions. 

Does the Betway Free Bets expire?

Once the Betway credit Free Bets into your account, you can only use them as a single bet within 7 days. Also, you cannot cash out Free Bets and the value will not be included in any winnings

Does Betway Sportsbook offer No deposit free bonus?

At the present time, Betway Sportsbook doesn’t offer any free bonus. If they offer any No-Deposit bonus in the future, we will update on this page.

Meanwhile, you can check the US no deposit free bet offers in the US. 

Other Promotions on Betway

Betway sportsbook offer a welcome bonus to all new players, but that’s not all, as they also have a number of other promotions as well. Sport-specific bonuses are available that change frequently depending on the popularity and availability of the sport.

Not only for sports betting, Betway but also offer a casino welcome bonus of $1,000 along with handful of promotions in eligible states.

As we speak, Betway is in the process of updating their sportsbook in the US market. So at the moment, few promotions are running. The current sports betting promotions include:

Betway Boost

Once you register an account with Betway sportsbook, you’ll have access to special odds on selective games. The odds boost promotion is usually offered on popular markets of major sports leagues like MLB, NFL, NBA, and NHL. Login everyday to take advantage of the boosted odds on your favorite games.

Same Game Parlay

Betway allows you to create your own same-game parlay bet with competitive odds on qualifying games. At the present time, Same Game Parlay feature is available on all major Basketball and Soccer events. Certainly, you can combine up to six markets on a single game.

More about Betway Sportsbook

Betway is an established European sports betting brand founded in 2006. It operates as one of the more prominent brand names in the international online gaming market. In 2021, they made a partnership with DGC (Digital Gaming Corporation) to launch Betway Sportsbook in the US.

Betway sportsbook made its U.S. debut in the Colorado betting market in March 2021. At the present time, Betway is legal and accepting bets in New Jersey, Indiana, PennsylvaniaColorado, and Iowa. Moreover, they have plans to launch in several other states with Arizona on top of the list.

Betway uses a white-label sportsbook platform from SBTech which is extremely polished. Betway mobile betting app is available for both Apple and Android devices. You can download the Betway mobile app from the App Store, or from their website for Android devices.

The sportsbook offers a wide variety of sports bets including money line, over/under, spread, and prop bets. There is a 24/7 wagering opportunity to bet on a variety of sports and leagues such as MLB, NFL, NHL, NBA, Soccer & more. In addition to all the main leagues, the Betway app offers plenty of niche leagues too. In the future, you might see options like eSports betting as well.

Author Peter N