Betway Promo Code: Claim A $250 Bonus in December 2024

Last Updated: Jul 24, 2024
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Fact Checked By: Paul Shapiro

As of July 2024, the Betway promo code is no longer available to claim. Previously, the Betway bonus rewarded you with a first bet offer valued at up to $250, but the sportsbook operator will soon exit the US sports gambling market and cease operations of their sports betting app and online site.

Details For The Betway Bonus Code Review December 2024

🎁 Betway Promo CodeN/A
🖊️ Betway Promo Code OfferFirst Bet Reset Up To $250
💳 Minimum Deposit$10
💰 Betting TypesFull-service sportsbook
📲 Betway Mobile App iOS and Android devices
🥇 Why Betway?Diverse betting, promotions, and security.
📆 Last VerifiedDecember 16, 2024

If you are looking for other legal sports betting options, be sure to claim our exclusive sportsbook promos, such as:

Betway was once available in eight states - Arizona, Colorado, Indiana, Iowa, Ohio, New Jersey, Pennsylvania, and Virginia - but it ceased all operations and has stopped accepting wagers.

Betway Bonus Code: Get A $250 Welcome Bonus 

Betway Sportsbook has one of the best betting promos on the market today. When new users sign up with the Betway promo code, they get a $250 welcome bonus paid out in bet credits.

The Betway welcome bonus gives you $250 in bonus funds deposited directly into your new Betway account. How it works is if the first bet you make with your new Betway sportsbook account settles as a loss, the Betway promo code will kick in and credit your account with bet credits equal to the exact amount of your losing first bet's stake, up to $250.

You must place your first bet within seven days of opening a new Betway account, otherwise this Betway bonus offer will expire. Furthermore, your initial wager must be made on a betting market with odds of -300 or longer to qualify. The minimum bet for the Betway promo code welcome offer is $10.

Sign up today for a new Betway online sportsbook account to claim your $250 Betway promo offer.

Betway Promo Code Terms And Conditions

The terms and conditions of the Betway promo code are easy to understand. To activate the Betway promo code, you must create a new Betway Sportsbook account and make a qualifying initial deposit of at least $10.

When you place your qualifying first bet and use the Betway bonus funds, you must make this wager on a betting market with -300 odds or longer. For example, -310 odds will not qualify, but -290 odds will. Your first bet must also be made within seven days of opening your new Betway account.

Bet credits from the Betway welcome bonus will be awarded to your Betway Sportsbook account within 24 hours of a losing first bet and must be used within seven days of issuance to avoid expiration.

Comparing Betway Promo to Other Sportsbooks

While the Betway welcome bonus is a great offer, the bet365 promo code is typically valued at up to $1000. We recommend claiming both promotions.

How To Sign Up At Betway Step By Step

You can sign up with the Betway app in just a few simple steps. Follow the steps below to sign up with the Betway promo code to get your welcome bonus today.

  1. Begin by clicking through the direct sign-up link on this page to register using the Betway promo code. Doing so will redirect you to Betway's new user registration portal.
  2. Enter your basic identifying information including the last 4 digits of your SSN and your DOB for new account verification purposes.
  3. The next step will prompt you to make a qualifying first-time deposit of at least $10 to activate the Betway promo offer and get your bonus -- a first bet offer worth up to $250.
  4. Once your new Betway account is created, verified, and funded, download the Betway app, which is available on both the iOS and Android app stores, and place your first bet of up to $250.

Betway: Pros And Cons

Betway Sportsbook has terrific features including live betting and odds boosts, but it also has its shortcomings. Here's a rundown of the pros and cons of Betway online sportsbook.

Pros

ProsDescription
Live BettingLive betting on the Betway app is seamless. Users can easily access various in-game betting markets with just a click on the live betting icon.
Wide Variety Of Sports Markets To Bet OnBetway Sportsbook offers an extensive range of sports markets, covering everything from NFL to international tennis.
Ongoing Bonuses And PromotionsBetway provides users with numerous ongoing bonuses, promotions, and odds boosts, enhancing the overall betting experience.

Cons

ConsDescription
Interface Is DatedThe Betway user interface may appear dated compared to competitors. While functional, it could benefit from an upgrade in aesthetics.
Banking Options Will Vary By StateBanking methods for deposits and withdrawals differ by state. For instance, credit card deposits are not available in New Jersey.

Betway Promo Offers And Betting Features

One of the reasons why Betway Sportsbook is one of the best sports betting sites is because it has an array of outstanding features like live betting, same-game parlays, and odds boosts. These are the best features of the Betway online sportsbook.

Same-Game Parlays

Same-game parlays are one of the most popular ways to construct a parlay bet since it allows you to add legs from the same game or event. The more legs you add, the greater the potential payout. The same-game parlay options on Betway Sportsbook are on par with other top U.S. sportsbooks.

Betway Boosts

Visit Betway's odds boost section to find the day's best boosted odds. Normally, these boosts will correlate with local sports teams, top games for the day, and/or trending players. Odds boosts provide additional value to a select market. For example, if Lebron James to score 24.5 total points has -140 odds, it could be boosted to +100.

Parlay Club

Betway has an outstanding feature that rewards you for placing parlays. When you bet at least $25 on parlays with at least three legs, you get two $5 bet credits every week. These parlays must have +200 odds or longer and can be constructed from any open sports betting market offered on the Betway Sportsbook app to qualify.

Results And Statistics

If you want to find past results and statistics to help you handicap a market you're looking to bet on, you won't need to leave the Betway app. Betway Sportsbook has an array of past results and stats you can refer to in order to make your best bets.

Loyalty And Rewards Program

Betway Sportsbook has a great loyalty and rewards program. With this VIP program, you can earn points when you bet. When you accrue enough points, you get bet credits deposited into your Betway account to use on future wagers.

Bet Types Available At Betway Sportsbook

All of the most popular bet types are available at Betway Sportsbook. Read on to find out what they are and how they work.

Moneyline

Moneyline bets are the most basic form of sports betting. All you need to do is pick the side you think will win the game outright to win a moneyline bet. If you are correct, your moneyline bet will settle as a winner.

With moneyline betting, the favorite will be designated with minus odds while the underdog will have plus odds. For example, if you bet on the Eagles to beat the Cowboys at -130 odds, and the Eagles win, you win $100 if you place a $130 moneyline wager.

Parlay

Parlay betting involves combining two or more bets into a single wager. The more legs you add to the parlay, the greater the odds and the larger potential payout. In order for a parlay to win, every leg must win individually. If even one leg loses, your entire parlay ticket will settle as a loss.

Here is an example of an NFL parlay:

  • Chiefs moneyline (-125)
  • Jaguars moneyline is (+135)
  • 49ers moneyline (-105)

The total parlay odds, combining these three legs is +698. If you bet $100, it will cash $698 for a winning wager.

Live Betting

When you are live betting, you are betting on markets that do not open until the game begins. Also known as in-game betting, odds and lines are updated and move in real-time according to the game flow.

For example, if the Saints' moneyline is set at -120 odds against the Panthers before the game starts, the odds could shift to +100 if the Panthers take an early three-point lead. If you think the Saints can then come back and win the game, placing a live bet with the longer, +100 odds can net you better odds than you could find in the pre-game market.

Over/Under Totals

Over/under totals are wagers that are determined by the total points scored in a game by both sides combined. You can also bet on the total points of a half or quarter by both teams or just one side.

For example, if you bet on an NFL game to go under 49.5 points (-110), the total points scored in a game must be less than 50 for your bet to be graded as a winner.

Prop Bets

There are many different types of prop bets. The three most common are team props, game props, and special player prop bets, including NFL player props and NBA player props. These wagers correlate with an individual team, player, or game outcome, but have nothing to do with the result of a game from a win, loss, or total score perspective. Saquon Barkley to score a touchdown or the Giants vs. Cowboys game to go into overtime are two examples of prop bets.

Futures

When you bet on futures, you are wagering on a future outcome, such as a league championship or an MVP award. Some of the most bet futures include Super Bowl odds and NBA MVP odds.

Sports Betting Markets At Betway Sportsbook

Betway Sportsbook offers its users an abundance of sports betting markets, both domestically and internationally.

These are the sports betting markets at Betway Sportsbook:

NFL Betting

You will find competitive NFL odds at Betway Sportsbook. These include spread, moneyline, and player prop betting markets on individual games as well as futures markets like the Super Bowl and NFL MVP.

NBA Betting

When it comes to NBA betting at Betway, you will find every NBA betting market under the sun. Whether you want to bet on NBA Championship odds, over/under totals in NBA games, or how many three-pointers a player will make, you can do so using a Betway account.

Betway is partnered with a few NBA teams. They include the Chicago Bulls, Cleveland Cavaliers, Los Angeles Clippers, Golden State Warriors, Minnesota Timberwolves, Miami Heat, and Milwaukee Bucks. You can bet on games involving any and all of these teams with the Betway promo code.

NHL Betting

You will never run out of NHL betting markets at Betway. Whether you want to bet on Stanley Cup odds, NHL puck lines, or NHL player props, those sports betting markets and so many more are available for you on the Betway online sportsbook.

Betway Sportsbook is an official betting partner of the NHL. It also has individual affiliations with NHL teams including the New York Islanders, Philadelphia Flyers, and New Jersey Devils.

MLB Betting

MLB betting is one of the most popular sports betting markets in the United States. Since the MLB season is 162 games plus the playoffs, there's something to bet on almost every day during the season. From run lines to betting on your favorite player hitting a home run, Betway Sportsbook offers a slew of MLB odds and betting markets to its users.

College Football Betting

College football betting markets on the Betway app vary depending on the state you are located in since some states have restrictions on college sports betting. For example, if you're located in New Jersey, you can not bet on in-state programs.

College Basketball Betting

Similar to college football betting, college basketball betting markets also vary depending on the state you are located in. For example, if you're in Colorado, you can not bet on college player props. But, you can bet on in-state teams. Each state has its own individual rules and regulations when it comes to college sports betting.

UFC, MMA, And Other Combat Sports

You can find competitive UFC odds and MMA odds on the Betway Sportsbook app. There are also odds on other combat sports like boxing. Depending on the event, Betway may also feature odds boosts correlating to these markets. Be sure to check out the sportsbook's promotions page to stay up to date with these bonuses, odds boosts, and promos.

The Betway promo code welcome bonus is available for use on all of the sports betting markets at Betway Sportsbook.

Banking Options With Betway

Once you make a deposit, you can immediately place bets with a Betway online sportsbook account. The following deposit methods are processed instantly.

  • Visa/Mastercard
  • VIP Preferred (ACH Transfer)
  • PayPal
  • eWallet linked to your bank account
  • PayNearMe
  • Betway Play+
  • Cash at the Casino Cage at Golden Nugget Casino (NJ)

Betway Withdrawal Methods

All of Betway's withdrawal methods take 1-3 days to process.

  • VIP Preferred (ACH Transfer)
  • PayPal
  • Betway Play+
  • Cash at the Casino Cage at Golden Nugget Casino (NJ)

Our View On Betway Sportsbook

If you're looking to sign up for a new sportsbook, then the Betway Sportsbook promo code is a great place to start. In addition to the Betway welcome bonus, all of the terrific features highlighted in this Betway review are reasons to sign up for a new Betway account. Whether it's the recurring promotions or the operator's VIP rewards program, Betway Sportsbook is clearly one of the best sports betting sites on the market today.

If all of that isn't enough to convince you to sign up, the Betway bonus code offer gives you up to $250 in bet credits, if the first bet you make with your new Betway account settles as a loss. We highly recommend registering with the Betway promo code to take advantage of all this world-class sportsbook has to offer.

Betway Promo Code FAQs

Where is the Betway promo code available?

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The Betway promo code is available in all of the states where the sportsbook is legal and licensed to operate. Users in Arizona, Colorado, Indiana, Iowa, Ohio, New Jersey, Pennsylvania, and Virginia can all sign up with the Betway promo code to redeem the welcome bonus. All you need to do in order to use the Betway code is click through the link on this page to get started. Once you complete the sign-up process and make a qualifying first-time deposit of at least $10, the Betway welcome bonus of up to $250 in bet credits is all yours.

How do you claim the Betway Sportsbook new customer offer?

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Claiming the Betway Sportsbook new customer offer is easy. Simply click through the direct sign-up link on this page and complete the new user registration. Be sure to use the Betway promo code to activate the Betway Sportsbook new customer offer code.

What leagues and sports are on the Betway Sportsbook?

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You will never run out of sports markets to bet on at Betway. All of the most popular leagues and sports markets are available to bet on at Betway Sportsbook. These include top domestic leagues like the NFL, NBA, and MLB. But since Betway is one of the staples of the sports betting market overseas, you will also find an abundance of the most obscure international markets to bet on as well, like La Liga and EPL soccer, Australian Open tennis, ping pong, and snooker.

Does the Betway promo code bonus expire?

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The Betway promo code bonus does have an expiration date. After you redeem the Betway bonus offer with the Betway promo code, you will have seven days to use the bonus funds from the $250 first bet offer. If the initial bet you place on your new Betway account loses, the full value of your losing first bet's stake will be credited back to your account in bet credits, up to $250. You will also have seven days to use those bonus funds before they expire.

Where is Betway Sportsbook legal?

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Betway Sportsbook is legal in Arizona, Colorado, Indiana, Iowa, Ohio, New Jersey, Pennsylvania, and Virginia. As long as you are physically located in one of those states, you can sign up with the Betway bonus code and use the Betway bonus offer.

What payment methods are available with Betway Sportsbook?

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Betway Sportsbook offers its users many different payment methods, including PayPal, Visa, Mastercard, Betway Play+, VIP Preferred, and PayNearMe. Betway NJ users can make deposits and withdrawals with cash at the Golden Nugget Casino's cage in Atlantic City, NJ. However, be mindful that credit card deposits are not available in New Jersey.

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Anthony Cervino
Contributor since June 2022
Anthony is an NFL Writer and Betting Analyst for The Game Day. He is also a lifelong NFL savant and self-proclaimed league historian. In the industry, Anthony has excelled in both the fantasy football and sports betting space, including a top-three finish in an FFPC BestBall tournament (2021). Anthony has made appearances on SiriusXM, amongst other publications. He is also the co-creator of the FF Faceoff (Faceoff Sports Network) and the FF Faceoff Mental Health Podathon partnered with the Hayden Hurst Foundation. Industry Clout: Top-15 ranker in the FantasyPros ECR (2019, 2021), including second at quarterback and third at tight end (2021) . Eighth most accurate ranker in the FantasyPros ECR for sleepers (2020) -- 13th most accurate ranker in the FantasyPros ECR.
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