Betway Online Sportsbook Promo Code & Review September 2023

Betway is a widely known brand in Europe and has now crossed the pond, so to speak, by becoming one of the newest sportsbooks in the United States. The company began its U.S. online sports betting journey in Colorado, a natural starting off point, with expansion to other states in the works.

Betway is a global company based in Malta, an island in the Mediterranean Sea. It is the leading sportsbook in many European countries, including Italy, Spain, and England. The Betway brand is familiar to bettors throughout the world. Brand recognition is likely why Digital Gaming Corporation (DGC) took interest.

A successful American company that designs online casino games, DGC reached a branding agreement with Betway to bring their products stateside. When we refer to Betway, the company behind the brand here in America is DGC.

Read on to learn about the sportsbook, its promotions, how the browser and app perform, betting markets offered, banking options, and more. Let’s get started.

Betway welcome offer: $250 in Bonus Bets

Betting on sports with Betway can get you a welcome bonus of up to $250 in Bonus Bets. Here are the details on how to qualify for your bonus bets:

The first thing you need to do is opt into the promotion. In order to be eligible for the bonus wager, you have to opt-in before making your first deposit. This happens after signing up for an account but before making your first deposit. If you don’t opt-in, you won’t be able to claim your bonus wager.

It would be a real bummer to miss out on the offer… be sure you opt-in!

How does Betway bonus code work?

Next, make a deposit of $10 or more. The bonus bet is based on your first wager, so if you want to qualify for the full $250, you will need at least $250 to bet with.

Find a bet you want to make and go for it! You need to make a bet with odds of -330 or better to qualify. This is good news for your bonus bet because you have a better chance of actually winning the bet.

This wager can’t be placed on an odds boost and the bet must be settled within 7 days of the account opening. So after you open an account, opt-in, and make a deposit, you have to make your first bet within 7 days of that day for it to qualify for a bonus bet.

This is where the result of your wager factors in. Did you win your bet? Great! You can keep your money, withdraw it, or bet again. A winning wager is always ideal.

Did your first bet… not win? Sorry to hear that, but you’re in luck! The amount you bet (up to $250) will be credited back to your account in bonus bet funds within 24 hours per the bonus offer.

Be sure to use your bonus bet credit within 7 days. If you win the bonus bet, unfortunately, you can only withdraw your winnings and not the bonus bet amount.

So if you bet $250 on Lewis Hamilton to win the upcoming Grand Prix at +100 using your bonus bet and he wins, you can withdraw your $250 in winnings but not $500 (winnings + bonus bet amount). Still, you’re back where you started, which is a good place to be.

States where Betway Sportsbook is live

Betway is currently accepting legal sports bets in a handful of states, but their ambitions are much larger. Expansion plans are already underway and we’re excited to see where they land. You can currently wager in the following areas:

Arizona

Betway launched in the state of Arizona on March 9, 2022, through an access partnership with the San Juan Southern Paiute Tribe.

Arizona is an exciting addition for Betway due to its comparatively high population, location (nearby California, Utah, New Mexico, and Texas don’t have online sports betting yet), and liberal betting laws. Arizona was the sixth US state for Betway Sportsbook.

Colorado

As mentioned, Betway began its journey toward American sportsbook domination in Colorado. The company went live in the state on April 5, 2021.

Betway is the online “skin” for Central City-based Famous Bonanza Casino, which holds the master license necessary to operate online in the state. Colorado sports betting law allows for a ton of different sports betting markets, making it one of the most exciting to wager in.

Indiana

Betway went live in Indiana in May 2021, partnering with Belterra Casino Resort as one of its three online skins. Indiana has become a robust sports betting market, with over a dozen sportsbooks operating in the state. Betway should be able to gain some loyal customers with their one-game parlays and creative promotions.

Iowa

Iowa was one of the first states to offer online sports betting, and it has been tremendously successful in the state.

Each of the state’s 19 existing casinos qualifies for an online skin, so online-only operators such as Betway can partner with a casino in order to come to the state. Betway and Diamond Jo Casino matched up, bringing the operator to Iowa in October 2021.

New Jersey

Betway went live in New Jersey on August 18, 2021, becoming one of the newest entrants to the state’s crowded sports betting marketplace. It will be challenging to make any headway there, but if any sportsbook can do it it’s Betway.

All the biggest operators are in the state, and, with the monthly handle recently eclipsing $1 billion, there are more than enough customers to go around.

Pennsylvania

Betway joined with the Live! Casino Hotel Philadelphia to go live online in the Keystone State in June 2021. Live! is a humongous casino/entertainment complex located near Philadelphia’s sports stadiums. As such, it makes sense for Betway to partner with such a sports-focused casino.

Pennsylvania is a mature market with over a dozen operators, but it is also one of the most populous states in the country, so there is plenty of room for Betway to grow.

Illinois (Coming Soon)

In late July 2023, the IGB deemed Betway as a “winning bidder” for one of Illinois‘ online-only sports wagering licenses.

Now, that doesn’t mean that launch is imminent, as Betway still needs to be approved for a license and pass regulatory requirements, but at least there is movement.

Betway Sportsbook in Canada

Betway is currently live in Canada and has accepted wagers from Canadians for several years. The sportsbook operates in a legal gray area because, prior to the passage of federal legislation legalizing single-game wagering, single-game wagering was not expressly legal but was not expressly illegal either.

This ambiguity resulted in offshore sportsbooks such as Betway not being prohibited from accepting wagers from Canadian sports bettors.

In summer 2021, the federal parliament passed legislation (C-218) that cleared up the ambiguous sports betting laws in the country. C-218 explicitly states that each province has the authority to legalize and regulate sports betting as they see fit.

Most provinces have publicly stated they intend to fully legalize single-game wagering as soon as possible, which means 2022 will be a huge year for legal sports betting in Canada.

Province-run Proline+ is currently accepting single-game wagers in Ontario, Canada’s most populated province, and the market will open up to competition in April 2022.

Betway will be among the sportsbooks that will be licensed by the province, trading its sort-of legal presence in the country for a regulated presence similar to the five American states in which it operates.

New customer promotion in Canada

Betway is sweetening the pot for Canadian bettors by offering a tasty new customer promotion. Betway will match the first deposit for new customers, up to $200. So if you sign up for a Betway account in Canada and deposit $200, you will immediately have $400 in your account ($200 bonus + $200 credit).

Pretty good deal! Or is it? As always, it is important to read the Terms and Conditions of any sportsbook promotion.

This particular promotion has a whooping 10x play-through requirement, meaning you need to wager 10 times the bonus before the funds and any winnings can be withdrawn. Under the Terms and Conditions, to clear the entire $200 deposit match, you will need to wager $2000 within seven (7) days. This is a very tight timeframe that is unusual among large sportsbooks.

That said, bonus money is bonus money, so if you plan on doing a lot of wagering on an upcoming event like March Madness or the NHL playoffs, it pays to max out your first deposit at Betway.

Betway sportsbook features

Betway sportsbook offers a wide range of exciting features that cater to the needs of sports bettors and even goes beyond the basics and offers several advanced features to enhance the betting experience.

Cash out early

The cash-out promotion is offered by some sportsbooks and is a popular choice for those who want to “cash out” rather than letting their bet ride. Here’s how it works: say you took the Jets as a big NFL Moneyline underdog against the Chiefs. Amazingly, the Jets are playing well and slowing down Mahomes while moving the ball on offense. In the 4th quarter, the Jets are up by 10.

In the Betway app, right below your pending wager, you will see a “cash-out” option, updated in real-time, that gives you an exact amount you can settle your bet for.

This way you can get your winnings before the game ends. So if you took the Jets +350 and they are ahead in the 4th quarter, you might get paid out +150, which isn’t the full payout you would get if they win, but it’s more than the $0.00 you would get if the Chiefs came back to win.

The cash-out option is about managing risk and is a nice option for players who don’t necessarily want to let every bet ride.

Betway one-game parlay

Parlays are all the rage these days. There is a lot to like about the potential to turn a little bit of money into a lot of money. Just remember that the odds of a winning parlay are small, but a few bucks here and there on a parlay can be an entertaining option.

Betway offers an appealing feature for those who enjoy building parlays on basketball and soccer matches. The one-game parlay feature gives you competitive odds for basketball and soccer events in an easy-to-use format so that you can build your own parlay.

If you want to use this feature, remember that not every betting option is available. Betway picks which markets qualify. Overall it’s a creative way to put some action on a big game, or even a low-profile regular-season game.

How to sign up on Betway Sportsbook

Signing up for a Betway is as easy as (insert favorite pun here). To get the app, start by navigating your browser to the Betway website on your mobile device.

There you will find instructions on how to download the app since it is still not available in the Google Play Store yet. You can find the Betway app within the Apple App Store by searching ‘Betway’, and downloading the app that corresponds with your desired state. If you’re on your computer, you can just go to the Betway website to sign up for an account.

Whether on the app or the website, you can quickly and easily sign up for a Betway account. Just click on the “Join Now” button and you’re on your way. Add your email address, create a password, enter some additional security information, including the last 4 digits of your social security number, and you have yourself a Betway account.

The personal information is required to verify that you are who you say you are. For that reason, the address you enter should match the address of your bank account if you plan on using your bank account to fund your Betway account.

The last step is to allow the Betway app to know your phone’s location or to download the required geolocation software to your computer. This is to ensure that you are actually in a state where Betway is live when you attempt to make a wager. Unfortunately, you can only wager if you’re actually in those states.

You can sign up and deposit anywhere, so if you’re planning to use Betway in your future travels, sign up and make a deposit so you can start betting as soon as your plane touches down in Denver, Newark, or wherever else Betway is live.

What Betway gets right

Betway excels in several areas, making it a standout choice for sports betting enthusiasts. By covering all these areas, Betway sets itself apart as a unique sportsbook that truly understands the needs and desires of its users.

Variety

The biggest advantage for Betway is the sheer number of sports available to bet on. Did watching the Formula 1 docuseries on Netflix get you interested in the sport? Want to bet on your new favorite driver to top the podium? No problem; on Betway, every driver has odds for every race.

Did you come across Gaelic Football while scrolling through the sports channels on tv one night? Do people still scroll through channels on cable? Ok, more likely, were you perhaps looking at different sports on YouTube and came across Gaelic Football?

It is a fascinating sport steeped in history. Nothing like it. Well, on Betway you can bet on every match, including the big Silgo-Leitrim contest.

Does seeing commercials for Wimbledon on ESPN get you excited about tennis? Tennis is a great sport to bet live/in-play. You can wager on the winner of each point as the match is being played. Talk about constant action! Or you can bet on any of the matches being played around the world.

You get the idea. If there is a sport being played somewhere, chances are you can bet on it on Betway. The company has proven itself to be an industry-leading sportsbook that has separated itself from other operators by providing value and variety to bettors worldwide.

Live betting

If live betting on tennis or any other sport interests you, Betway is one of the best options out there. It offers industry leading live-betting technology in an easy-to-navigate format, which is particularly important for live betting, which obviously operates at a faster pace than regular betting.

Ease of use

Another advantage of Betway is its ease of use. Its website and app are so easy to navigate and the user experience is above average. We will get into further detail during the app review, but the app performed well during testing and is definitely easier to use than other sportsbook apps.

Betway mobile app review

The app layout and user experience are above average. Each sport is easy to find and games are listed by categories, such as upcoming, live/in-play, and highlights. The highlights tab is the featured games of the day. All the different sports are easily scrollable on the top of the page, right above the featured promotions.

Once you are ready to make a bet, you just tap on the buttons for the bets you want to make (spread, Moneyline, etc), and then when you are done you can push the bet slip button at the bottom of the screen.

At that point, all your picks will appear and you can customize the amount you want to bet and also combine them into a parlay or round-robin or even a teaser if you so choose. The potential payout is also listed right on the bet slip, which is a helpful addition.

Overall, the app is a solid effort, and anyone new to sports betting will be able to easily navigate the interface to sign up for an account and make their bets. It is a good option for beginners and sharps alike.

Browser sportsbook review

The browser has the same look and feel as the app, which is true of most sportsbooks. What makes the Betway browser different from other operators is the user experience, particularly the live betting option.

The live betting layout is, frankly, impressive. During testing, the Seattle Mariners were playing an MLB day game against the Baltimore Orioles. The live betting page featured a digital image on the right side of the screen that showed the result of each play, right down to an image of a fly ball being caught.

This was far superior to the DraftKings live betting page for the same game, which didn’t show any in-game graphics or statistics.

However, the flashy images on Betway also come with higher prices. During the same baseball game, live betting prices on Betway were consistently higher than on DraftKings (-140 vs. -130 run line, for example). Live betting is dynamic and prices may vary wildly between sportsbooks, but this is a good example of why it is important to shop around. Betway has many appealing features, but its prices, while competitive, are not necessarily the lowest.

Banking

There is an old saying that goes, “a sportsbook is only as good as its banking options.” If that isn’t a saying, well, it is one now. A sportsbook can have a nice user experience and competitive prices but if bettors aren’t able to quickly and easily make deposits and withdrawals, it will be challenging to compete.

Luckily, Betway makes it easy for its customers to deposit and withdraw funds by offering three different options. As always, be sure to check the rules of your financial institution before making a deposit.

Deposit

• VIP Preferred eCheck – Once you enroll in the VIP Preferred program you will be all set to quickly and easily make deposits to your Betway account straight from your checking account.
• Betway Play+ branded prepaid card – Think of it as similar to loading a Starbucks prepaid card you got from your mom to your Starbucks app. The money is transferred from the card to your Starbucks account on your app, ready for your next Americano purchase. Play+ does the same thing; you fund a Betway-branded prepaid card and then those funds can be sent right to your sportsbook balance.
• PayNearMe – Here is how you avoid using your checking account to fund your Betway account.  If you are more of a cash person, PayNearMe is the deposit option for you. Just follow the prompts in the deposit section to create a barcode that has payment instructions. Print out the barcode or save it on your phone, and then drive down to the closest participating 7-Eleven, Family Dollar, or CVS store and show them the barcode. They will scan it and accept your cash deposit, which will immediately be deposited to your Betway account. No checking account, no problem.
• Visa/Mastercard Credit and Debit cards – Use your Visa or Mastercard credit or debit card to deposit to your account. Your financial institution may charge additional fees for this type of transaction.

Withdrawal

• VIP Preferred eCheck – Withdraw funds the same way you deposit funds by using the eCheck method. Easy and fast. No sweat.
• Betway Play+ branded prepaid card – Similar to the eCheck method, you can both deposit and withdraw funds using the Betway Play+ card. You are just a few clicks away from adding funds back to your Play+ account after a winning weekend. Once there in the Play+ account, the funds are just one more step away from your checking account. No problem. You can also use your prepaid card like a debit card, or withdraw cash from it at an ATM.
• PayPal – PayPal is a withdrawal option, but strangely not a deposit option. No matter. You can use one of the above deposit options and then quickly and easily transfer your winnings to your PayPal account if you so desire.

Betting markets

Betway is upping the ante by guaranteeing 100+ pre-game and in-play markets, or wagering opportunities, on every NBA and NHL game. If player props and alternate lines are your thing, Betway is an appealing option.

A market is a type of wager available on a sportsbook. When Betway says that they have 100+ markets available for every NBA and NHL game, that means there are over 100 possible bets you can make for each game. Think the Portland Trailblazers will beat the Cleveland Cavaliers by 27 or more? Blazers -26 as an alternate line is one market.

Over 240.5 would be another market, while Under 240.5 would be a third. Sure enough, during testing, there were 156 markets available for the low-profile Portland-Cleveland Wednesday night NBA game.

The most common markets, or types of bets, include:

• Over/Under
• Spread
• Prop bet
• Futures
• Teaser
• Round Robin
• Moneyline
• Player prop
• Live/in-play

Sports

We’ve mentioned the variety of sports offered by Betway. It is one of the main advantages Betway has over other sportsbooks. Check out all of the following, and more:

• Basketball – NCAA, NBA, and leagues worldwide
• Hockey – NHL and European leagues
• Baseball
• Golf
• Tennis
• Soccer
• Football – NCAA and NFL
• MMA
• Australian Rules Football
• Badminton
• Boxing
• Cricket
• Cycling
• Darts
• Floorball
• Gaelic Football
• Handball
• Motor Racing
• Rugby League
• Rugby Union
• Snooker & Pool
• Volleyball

Customer Service

Live chat has become a must-have for any sportsbook. Customers expect to have their questions answered as quickly as possible, and a sportsbook can be judged on its customer service options.

Betway would score highly if we were keeping score on customer service. They offer an FAQ and don’t try to hide their live chat option like some other sportsbooks that shall remain nameless. Betway makes it easy for those who are in search of answers to complete their quest.