Since the turn of the century, there have been many new entries on the betting scene. Although plenty of these have come and gone, Betway is one online firm that has made a major mark and seems to be here to stay.
The Betway Group offers a wide range of gambling-related services, headlined by a sportsbook. Despite having headquarters in Malta and Guernsey, they also have offices in London, the Isle of Man, and Capetown, and provide betting markets and games for players across the globe. Finally, Betway is also one of the most trusted betting sites in the world, holding licenses with a whole range of regulatory bodies, including the UK Gambling Commission.
One of the reasons for Betway’s impressive success in recent years has undoubtedly been the quality of its promotions and new account welcome offer. In this article, we’ll discover what’s currently on offer for both new and existing customers, and find out if you need a Betway promo code to access any of these deals.
Current Betway Promo Codes
Most of the time, customers who wish to collect bonuses or participate in promotions just have to opt-in to the offers. Some promotions, however, may need the use of a Betway coupon code. A bonus code such as this may be redeemed in one of two ways – you may type one in the appropriate field when you create your account or enter it later when you deposit cash.
Betway did not promote any promo codes on the site at the time of writing this article. If that changes, however, we’ll be sure to update this page. In the meantime, there are still plenty of other deals available.
Betway New Customer Offer
Like all top bookies, Betway offers bonuses for new customers signing up for the first time. In this case, the main offer is the ‘£30 Acca Welcome Offer’.
This is one of those offers which is based on a risk-free bet.
Place an Acca with a minimum of three selections on football or horse racing and if your bet is a loser then Betway will give you a matched free bet up to your initial stake of £30. The minimum stake for this offer is £5.
Your Acca needs to have combined odds of 2/1 (3.0) or greater to qualify and your free bet is in your account within one hour of your qualifying bet being settled.
We like this offer because there are no complicated wagering or play through restrictions. Your first bet is either a winner and you keep the profits or it is a loser and you get your stake back as a free bet token
You can use your free bet by adding your selection to your bet slip as normal, then selecting the free bet option. You will not get the free bet stake amount in your winning wagers, as is standard in the gambling industry – so, if you bet the free £10 on an even-odds event and it wins, you’ll earn a £10 return.
Here are some of the other key terms and conditions for the deal:
- Only new clients aged 18 or older, and residing in the United Kingdom, are eligible for this offer.
- Only debit card deposits are eligible for the promotion.
- You must bet a minimum £5 on an Acca with at least three selections with odds of 3.00 or more to qualify.
- Bets that are cashed out will not count towards the wagering requirement
- This deal cannot be combined with any Betway Casino promotions.
- You have seven days to utilise your free bet.
Other Betway Promotions
As well as their main welcome bonus offer, Betway typically offer a range of other promotions and rewards. Here are some of the most notable current offers:
- Free Bet Club
Another great option for betting fans here is Betway’s famous Free Bet Club. Once you opt in to the Club, you will receive two £5 free bets for every week in which you place accumulator or bet builder bets totalling at least £25, as long as the bet features three or more selections. - Best Odds Guaranteed
If you’re a fan of horse racing betting, Betway has you covered with this incredibly useful deal. Place a ‘Race Winner’ stake on any race in the UK or Ireland, and Betway will automatically payout at the starting price if it’s superior to your original odds. - Betway Boosts
Every day, Betway improves the odds on a wide range of selected markets, increasing your winnings on successful wagers. Seeing which markets have been boosted is incredibly easy to do, by simply heading to the ‘Betway Boosts’ section of the site.
In addition to these deals, you should also know that Betway runs a range of time-sensitive promotions. These offers usually provide free bet rewards for customers who bet on certain events, and are typically linked to big sporting occasions, such as the World Cup, the Grand National, Wimbledon, and so on.
Banking
Naturally, you must make a deposit into your account before you can get any bonuses, whether you’re actually using a Betway promo code or not. We’re pleased to say that Betway provides a variety of safe, UK-friendly payment methods in which you can do so, all of which are completely free.
Deposits
To make a deposit, just log into your Betway account and go to the banking area, where you may choose ‘Deposit’. Select your chosen payment method, and enter the amount you want to deposit. Remember, if you have a Betway coupon code, now is an opportunity to enter it. Either way, your cash will immediately be added to your account after the deposit is confirmed, and ready for wagering.
| deposit methods | fees | minimum deposit |
|---|---|---|
| Visa Debit | Free | £5 |
| Mastercard Debit | Free | £5 |
| BankWire | Free | £25 |
| Paysafecard | Free | £10 |
| Skrill | Free | £5 |
| Neteller | Free | £10 |
| ecoPayz | Free | £5 |
| Trustly | Free | £5 |
Withdrawals
Before we get into the details of Betway withdrawals, you should be aware that you must first complete the verification procedure before taking any winnings out of your account. This may seem to be inconvenient, but it is designed to prevent underage gaming and fraud, and it is nice and easy to complete.
To do so, you just need to submit digital copies of a couple of documents. To establish your identification, you’ll need a valid photo ID, such as a passport or driver’s licence. The second piece of evidence is a utility bill or a bank statement that shows where you reside. It only takes a minute or so to submit these papers to your player profile, and – although Betway may take up to three days to validate them – it normally happens within a day.
After your identity has been verified, go to the banking area and click the ‘Withdraw’ option. Now choose your preferred payment option, enter your withdrawal amount, and complete the transaction.
| withdrawal method | fees | minimum withdrawal | withdrawal timeframe |
|---|---|---|---|
| Visa Debit Card | Free | £5 | 1-3 Business Days |
| Mastercard Debit Card | Free | £5 | 1-3 Business Days |
| PayPal | Free | £5 | Up to 24 Hours |
| Skrill | Free | £5 | Up to 24 Hours |
| Neteller | Free | £5 | Up to 24 Hours |
| ecoPayz | Free | £5 | Up to 24 Hours |
| Trustly | Free | £5 | Up to 24 Hours |
If you need more help then check out this useful guide How To Withdraw On Betway.
How to Claim the Free Matched Bet Welcome Bonus
The matched bet welcome offer is a solid deal, and you don’t even need a Betway promo code to trigger it. Instead, these are the main steps you must take to do so.
Step One – Open a New Betway Account
You can register for a new Betway account and claim your bonus by navigating to the Betway site. Once you’ve loaded up the home page, just follow these steps.
- To activate the registration form, click the green Register icon at the top of the home page.
- Choose your nation of residency and the currency you want to use on the first page. After that, type in your email address and create a username and password.
- Select your gender and enter your complete name and date of birth on the following page.
- On the last page, provide your address and phone number, as well as your preference for receiving alerts about future unique offers. Now just click the ‘Create My Account’ button to complete the process.
Step Two – Make a Deposit and a Qualifying Bet
It’s time to make your first deposit, now that your new account is up and running. Simply follow our instructions in the Deposit section above to do so. Also, keep in mind that this offer is only valid for deposits made with a debit card, so be sure to use this method if you want to take advantage of it.
After you’ve financed your account, you may place your qualifying wager, which must be at least £5. You must also ensure that your bet has odds of 3.00 (2/1) or higher in order to qualify. Betway will instantly credit your account with the free bet after your first qualifying bet has been settled.
Step Three – Use your Betway Free Bet
It’s simple to put your free bet to use. The bonus, unlike the qualifying wager, is not subject to any minimum odds. You may gamble on short odds, or take a chance and use your free bet on a long shot – it’s absolutely your decision.
Begin by looking for the wager you wish to place, then selecting it to add it to your wagering slip. To make an accumulator, just keep adding options until you have the desired ticket. Then, from the dropdown menu, enter the minimum £5 stake amount and choose the ‘Free Bet’ option.
As an example, let’s say we bet on Chelsea to beat Arsenal at even odds. If you were betting with your own cash and Chelsea won the game, you’d receive a return of £20, which is made up of the original stake plus the winnings. With a free bet though, you only get back the winning amount, not the stake, so your return would be £10.
Finally, we’re happy to say that – with a Betway free bet bonus – you get to keep any winnings from your free bet without any additional terms and conditions. There’s no rollover requirement, as you’d typically find with an online casino bonus, for example.
Step Four (Optional) – Take up More Offers
Once you have claimed and used the ‘Matched Bet’ welcome offer, you will be able to take advantage of the variety of other special offers that Betway has in place.
Some will help to increase your winnings on successful wagers, while others seek to reduce your losses. All of these bonuses can currently be claimed directly through the Betway site or app, and there is no need to use a promo code for any of them.
Final Thoughts
If you are looking for a modern and highly-rated bookmaker, with a reputation for providing a comprehensive range of sports betting markets, then Betway is a great option. This globally-recognised bookie offers competitive odds on a variety of sports, as well as special features such as partial pay out, live streaming, and a modern mobile betting app.
The Betway ‘Matched Bet’ welcome offer is a solid welcome bonus that can provide a handy boost when you start using the site. It immediately doubles your chances of a winning bet, and the terms and conditions are reasonable.
Whether you’re triggering the welcome offer or one of the many excellent other deals, there’s no need at all for a Betway promo code right now. This situation could change quickly though, so be sure to keep checking this page regularly for any updates.
