Skip to main content
Partner Promo Logo - Betway
Up To $250 First Bet Reset
  • Register a new account at Betway in AZ, NJ, or PA.
  • Deposit at least $10 and wager any amount at -300 odds or longer.
  • If your bet loses, it will be refunded entirely via bonus bets, up to $250.
  • If your bet wins, you receive no bonus bets.
  • Initial bet must settle within seven days. Bonus bets expire after seven days.
  • Offer not valid in CO, IN, IA, LA, OH, or VA.

Conditions and terms are in effect.

Terms and conditions apply

Your Region united states

Most recently confirmed on July 11, 2024 ✔️

Offer Expires ⏰ September 19, 2024

Betway Promo Code: Up To $250 First Bet Reset in July 2024

New customers in Arizona, New Jersey, and Pennsylvania can receive a welcome bonus of up to $250 on their first bet reset from Betway. Simply deposit $10 or more and place a bet with odds of -300 or higher. If your bet loses, you will receive a refund in the form of bonus bets up to $250.

Please note that the offer(s) mentioned are valid for U.S. customers who meet the eligibility criteria.

Affiliate Disclosure: Underscoreg Review may earn advertising commissions for directing traffic to a sportsbook or casino betting site.

Must be 21 or older. Please gamble responsibly as it can be addictive.

Welcome Offer

Up To $250 First Bet Reset

Terms and conditions apply

  • Register a new account at Betway in AZ, NJ, or PA.
  • Deposit at least $10 and wager any amount at -300 odds or longer.
  • If your bet loses, it will be refunded entirely via bonus bets, up to $250.
  • If your bet wins, you receive no bonus bets.
  • Initial bet must settle within seven days. Bonus bets expire after seven days.
  • Offer not valid in CO, IN, IA, LA, OH, or VA.

Certain restrictions may apply.

The offer will expire on September 19, 2024 at 11:59 PM EST.

Betway promo code and sign-up offer details

There is no need for a Betway promo code to take advantage of this offer, making it a great opportunity for new players to experience one of the top sportsbooks. We are always on the lookout for the best sportsbook promotions, and this Betway sign-up offer is simple to redeem before it ends on September 19, 2024.

In order to qualify for the bonus offer, you need to deposit at least $10 and place a bet with odds of -300 or greater within seven days of signing up. If your initial bet loses, you will receive up to $250 in bonus bets equal to the amount of your lost stake. The bonus bets must be used within seven days, or they will be forfeited.

While Betway is legal and licensed in nine states, this promotion is only available in AZ, NJ, and PA.

Below is a table containing additional details regarding the Betway promo code and welcome offer, as well as important terms and conditions.

Betway promo codeClick to claim
Betway welcome bonus (AZ, NJ, PA)Up to $250 First Bet Reset
➡️ Betway promo typeFirst bet insurance
 Betway welcome bonus (CO, IN, IA, LA, OH, VA)No current bonus
Minimum deposit$10
Minimum wager$1
Legal statesAZ, CO, IN, IA, LA, NJ, OH, PA, VA
Wagering requirements1x at min. odds -300 or longer
Eligible bet typesAll types
Betway mobile appiOS & Android
Last verifiedJuly 2024
Offer expirySept. 19, 2024

Gambling problem? Call 1-800-GAMBLER

Betway promo code: How to qualify

Acquiring the welcome bonus is a straightforward process, as no Betway promo code is required for activation – it is automatically applied to eligible users. Nevertheless, it is essential to familiarize yourself with the key terms and conditions before proceeding.

This is the information you need in order to claim the $250 First Bet Reset.

  • Register a new account with Betway. Get started by clicking here.
  • Bonus is only valid in Arizona, New Jersey, and Pennsylvania.
  • Make a minimum first deposit of at least $10.
  • Your initial wager must have odds of -300 or longer.
  • Your qualifying bet must be made (and settle) within one week of opening your account.
  • Your qualifying bet must be made with real money, not bonus bets or other promotional funds.
  • Your qualifying bet cannot be placed on enhanced odds, like Super Boosts or Betway Boosts.
  • If your bet wins, you receive no bonus bets.
  • If your bet loses, you’ll be reimbursed via bonus bets, up to $250.
  • Bonus bets cannot be withdrawn as cash and expire in seven days.
  • Bonus bet stake amounts are not included in winnings.

How to claim the Betway promo code

New sports betting fans may find securing a Betway welcome bonus to be daunting at first. However, with the right guidance, the process is actually quite simple. We have provided a detailed outline of the steps you need to take in order to successfully claim your bonus.

To receive your $250 First Bet Reset sign-up offer at Betway without using a bonus code, simply follow these steps:

1. Register

To claim your welcome bonus at Betway, the first thing you need to do is sign up for an account. Click here to be directed to the registration page. Please ensure that you are at least 21 years old and located in a state where Betway is legally allowed to operate and provide this bonus.

2. Deposit

In order to claim this bonus, you must make a cash deposit into your Betway account with real money. The minimum deposit required is $10, while the maximum bonus amount can be obtained with a losing bet of $250. Remember to consider these amounts when making your initial deposit, and always gamble responsibly within your financial limits.

3. Make a first bet

In order to receive the $250 in bonus bets, your first bet must be a loss. Make sure to select a bet from the available markets with odds of -300 or higher, allowing you to wager on a favorite without it being too much of a sure thing. Take your time to choose wisely before placing your bet.

4. Claim the bonus

Congratulations on winning your bet! You will receive the proceeds immediately, but please note that bonus bets are only given if your initial bet loses.

5. Withdraw

If you receive a bonus bet through your Betway promo, you are not able to cash out these credits. Instead, you must use them to place another bet in order to benefit from the promotion.

If your bet is successful, Betway will promptly add the winnings to your account, deducting the bonus bet credit amount. You can withdraw these funds as cash immediately.

Betway bonus comparison

DraftKings FanDuel Caesars BetMGM bet365 ESPN BET
Sign-up bonusBet $5, get $150 in bonus betsBet $5, win $200 in bonus bets$1,000 first bet on CaesarsUp to $1,500 in bonus betsBet $5, get $150 in bonus betsUp to $1,500 in bonuses
Promo codeNo codeNo codeSBRBONUS1000SBRBONUSSBRBONUSNo code
Bonus typeBet & getBet & winFirst bet insuranceFirst bet insuranceBet & getFirst bet insurance/deposit match
Bonus comes asSix (6) $25 bonus bets$200 in bonus betsOne (1) bonus bet equal to bet amountFive 20% chunks (if more than $50)$150 in bonus betsFive 20% chunks + up to $500 cashback
Minimum deposit$5$5$10$10$10$10
Days to use7714777
SBR rating⭐ 4.7/5⭐ 4.8/5⭐ 4.7/5⭐ 4.6/5⭐ 4.6/5 ⭐4.1/5

Other Betway promotions

Betway provides new users with a good welcome bonus, but the promotions don’t stop there. Current users can also benefit from various frequent and ongoing bonuses, allowing you to increase your earnings from successful bets.

Betway promo Betway promo terms and conditions ✍️
Betway Weekly Parlay ClubThe Parlay Club allows existing Betway players to receive a $10 bonus bet when they bet $25 or more on a parlay with at least three teams and a minimum payout of +200. This Betway promo restarts every Monday at 12:01 a.m. local time. You can earn it once a week by placing an eligible parlay bet within the one-week timeframe.  
Betway NHL Playoffs Overtime InsuranceDuring the 2023-24 NHL playoffs, players who bet $20 or more on an NHL moneyline will receive a $20 bonus bet if the team they bet on loses in overtime. If you place multiple wagers on the same game, Betway will only give one $20 bonus bet. This offer expires when the 2023 NHL playoffs are over.
Betway BoostsBetway routinely offers enhanced odds with Betway Boosts, ramping up your potential winnings.
Bonus Bets per TouchdownOccasionally, Betway picks a specific NFL game and offers anyone who makes a wager on it a chance to win a bonus bet for every touchdown scored.
Free-to-Play PromotionsOccasionally, Betway offers free-to-play contests that provide winners with bonus funds.
Sport-Specific PromotionsBetway never fails to make sports bettors feel at home. Whether it’s a same-game parlay offer or an insurance-style promo designed to save you money if your picks flop, you’ll find sport-specific promos available every day of the season.
Refer-a-Friend PromotionShould you have a friend interested in joining Betway, you can send them your exclusive referral link — found in the “Refer” or “Earn $$$” icon on mobile or desktop. So long as they sign up with your link, create an account, and deposit and wager $10 or more, you’ll both receive up to $50 sportsbook referral bonus

Betway promo code for existing users

The Betway sign-up offer allows new users to receive up to $250 on their first bet without needing a promo code. This offer can only be claimed once. But don’t worry, there are still more bonuses to come even after claiming this initial offer.

Betway provides continuous promotions for current users, including special playoff odds boosts for pre-built same-game parlays as an official betting partner of the NHL and the NBA.

Betway could enhance their offerings for existing users by introducing a VIP or Loyalty Rewards program and a referral bonus.

Betway Casino promo

Betway operates a real money online casino in two states: Pennsylvania and New Jersey. New Jersey bettors can receive a 50% deposit match up to $1,000, while Pennsylvania players can get a 100% deposit match up to $1,000.

100% Deposit Match up to $1,000

Terms and conditions apply.

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+. Gambling can be addictive, please play responsibly

Below are the essential details you should be aware of regarding the Betway Casino bonus code and its usage:

  • You won’t need a Betway Casino promo code to activate this offer.
  • Only your initial deposit will be 50% matched (or 100% in PA), up to $1,000.
  • You must deposit at least $10 to qualify for this promo.
  • The bonus funds come with a 30x playthrough requirement, meaning you unlock it slowly while playing real money casino games.
  • Any portion of unearned bonus funds will expire after 30 days.

Betway Casino is rapidly establishing itself as a leading online casino, providing a wide selection of online slots, table games, and live dealer options.

Betway Underscoreg review

If you are new to selecting a betting site, Betway Underscoreg is an excellent option. It is highly regarded for its outstanding reputation, easy-to-use app, and dependable customer service.

Betway Underscoreg offers an excellent welcome bonus for new customers, no promo code required. We believe you will find Betway enjoyable even beyond the initial offer, with competitive odds, secure transactions, and a variety of betting options available.

Take a closer look at our comprehensive Betway review to get a detailed analysis of all the features and offerings provided by this sportsbook.

Betway mobile app

Betway offers a variety of excellent features such as live betting, same-game parlays, early cash-out, ongoing promotions, and live streaming of select sporting events. Their mobile app stands out as one of the top betting apps available, boasting a user-friendly interface and complete functionality.

Although Betway Sportbook can be accessed on its desktop website, it truly excels when using the dedicated iOS and Android mobile apps. Users have given it high ratings in the App Stores, praising its smart layout and easy navigation for finding betting markets effortlessly.

Screenshot of Betway Underscoreg mobile app for iOS devices.
Betway iOS App
 App Store rating4.7/5.0 ⭐ (33K reviews)
 Google Play rating4.2/5.0 ⭐ (12K reviews)
➡️ Download size80.0 MB
Top featureLive streaming; early cash-out
 Welcome bonusUp to $250 First Bet Reset

Betway key features

While Betway may not have the same level of marketing budget as Fanduel or DraftKings, it can still compete with the top online sports betting platforms. Here are some key features that set it apart:

Live streaming and betting are increasingly popular, with Betway offering excellent live betting options and regularly updated odds. Some matches can even be live streamed. However, a qualifying bet may be required to access the free live stream.

Some sportsbooks do not provide the option for early cash out, despite increasing customer interest. Early cash out allows you to receive a portion of your winnings before the game ends.

If your MLB team is leading after six innings, Betway may provide the option to cash out early for 80% of your potential winnings. You can either continue with the bet or secure a guaranteed win without worrying about a possible late-game downfall.

Betway has been a leading sportsbook in Europe for nearly twenty years, offering a wide range of markets and competitive odds. With over 20 sports to bet on, including major events such as the FIFA World Cup and the Olympics, they bring a wealth of experience to their U.S. launches.

Although it’s important to compare odds, Betway consistently offers competitive prices for your selections.

Betway pros and cons

Betway offers a wide range of options for the average sports bettor, although it does have its drawbacks. Here are some quick advantages and disadvantages of using Betway.

Pros

The Betway mobile app performs excellently on iOS and Android devices, providing users with a smooth betting experience.

✅ Seamless Casino Integration – Residents in states where Betway operates its online casino can easily switch between the sportsbook and casino using the same login information and balance.

Betway has a wide range of same-game parlays available for those who enjoy making complex wagers. Building these bets is simple and straightforward on their platform.

Cons

⛔️ Cash-out restrictions – The maximum withdrawal limit from your Betway account is $4,000 per week. While this may not affect most players, it can be disappointing if you win big on a 10-leg parlay and are unable to cash out all of your winnings.

✅ Betway offers various customer service options, however, their phone support is limited and not available 24/7. This may be inconvenient for customers with urgent issues who prefer phone support over email or waiting until regular business hours.

Popular Betway bet types

Betway offers a diverse selection of betting options for your initial wager in multiple markets. Here are some of the top picks:

  • Spreads
  • Moneylines
  • Over/Unders
  • Props
  • Parlays

NFL bettors have a strong preference for props and parlays. For those looking to primarily bet on football, we recommend checking out our guides on the top prop betting sites and parlay betting sites.

Betway customer support

Betway offers a variety of helpful resources in its support section to guide players through common inquiries, such as responsible gaming practices, account management, sports betting tips, deposit and withdrawal instructions, and security measures.

If your question is not answered in Betway’s FAQ section, you have the option to contact the support team through various channels.

Why choose Betway?

There are numerous advantages to selecting Betway, such as their competitive pricing, generous welcome bonus, and user-friendly mobile app. Even if you typically favor leading platforms like FanDuel or DraftKings, having a Betway account is beneficial for comparing odds and maximizing bonus funds.

One of the standout features of Betway is their loyalty program, Betway Plus. By participating in this program, players can accumulate Plus Points which can be redeemed for various bonuses, bet credits, and exclusive perks.

⭐We rate Betway overall as 4.5 out of 5.0

Betway banking methods

In order to begin placing sports bets on your Betway Underscoreg account, you need to make an initial deposit into your account. Withdrawing funds is also a simple and efficient process, comparable to the top online sportsbooks in terms of payouts.

To withdraw funds, you must meet the minimum requirement of $10. To make transactions, simply navigate to the ‘Cashier’ section. Below is a list of the banking methods available for your convenience.

Method Deposit ⬇️Withdrawal ⬆️
Bank wire
Check
Debit card
eCheck
Mastercard
Online banking
PayPal
PayNearMe
Prepaid
Visa

Where is Betway Underscoreg legal?

Currently, Betway is operational in nine states including Arizona, Colorado, Indiana, Iowa, Louisiana, New Jersey, Ohio, Pennsylvania, and Virginia. Expansion plans are in place for Kansas, Missouri, Maine, and Mississippi. Additionally, Betway launched in Canada in August 2022.

Betway promo offers by state

State Welcome bonus Launch date
Arizona sports bettingUp to $250 First Bet ResetMarch 2022
Colorado sports bettingNo current welcome offerJune 2021
Indiana sports bettingNo current welcome offerJune 2021
Iowa sports bettingNo current welcome offerOctober 2021
Louisiana sports bettingNo current welcome offerAugust 2023
New Jersey sports bettingUp to $250 First Bet ResetAugust 2021
Ohio sports bettingNo current welcome offerJanuary 2023
Pennsylvania sports bettingUp to $250 First Bet ResetJune 2021
Virginia sports bettingNo current welcome offerMay 2022

Recent Betway news

July 10, 2024: Betway parent company, Super Group, announces plans to exit the U.S. sports betting business. Betway Underscoreg, which is active in nine states, will be impacted by this decision. 

June 28, 2024: Retired tennis star Andy Roddick appears in a Betway ad, teasing a “return to competitive tennis” and promising to “win Wimbledon” (which he’s not playing in). 

June 14, 2024: Betway introduces a number of special promotions and super boosts for the highly anticipated Euro 2024 tournament, especially surrounding the England National Team. Check the Betway ‘Promos’ sections for the latest boosts and deals. 

May 9, 2024: Super Group (Betway’s parent company) takes full control of Apricot Software, a sportsbook software provider. 

Apr. 9, 2024: Betway changes its welcome offer yet again, opting for a $250 First Bet Reset for new users in AZ, NJ, or PA.

March 10, 2024: Betway shakes up your welcome bonus offers, switching to a bet $25, win $150 in bonus bets deal in three states (AZ, NJ, PA) and eliminating a welcome bonus in five other states (CO, IN, IA, LA, OH, VA).

Feb. 12, 2024: Betway switches their Ohio welcome offer back to its previous bet $20, get $40 in bonus bets deal.
 
Feb. 1, 2024: Betway announces a new welcome bonus for Ohio bettors: a +100 Super Boost that both teams will throw for at least one touchdown in the big football championship game.
 
Jan. 2024: Betway changes its welcome bonus in four states, now offering a bet $50, win $200 in bonus bets deal in OH, PA, VA, and AZ.

Jan. 4, 2024: Betway informs Massachusetts that it will allow its temporary online betting license to lapse, having never launched in the state (despite receiving the approval of regulators).

Jan. 2023: Betway launches in Ohio on January 1, the very first day of legal betting in the state.

March 2022: Betway launches in the state of Arizona, its sixth legal U.S. jurisdiction. Virginia is added as the seventh state a couple of months later.

Jan. 2022: Betway’s parent company, Super Group, goes public on the New York Stock Exchange via a SPAC deal.

June 2021: Betway officially launches in the U.S., opening its online sportsbook in Colorado. Licenses to operate in Indiana, Iowa, New Jersey, and Pennsylvania come later the same year.

June 2020: Betway becomes the first sportsbook to ban wagering on soccer player transfers and soccer managerial jobs, following evidence that the market is rife for manipulation and corruption.
 
Oct. 2015: Betway pays out a 17.9 million Euro jackpot to a British gambler who hit an online slots jackpot. Guinness World Records verified it as the largest online slots payout ever, at the time.

2006: Betway is founded as a sportsbook and casino company, and places its global headquarters in Gżira, Malta.

Additional sportsbook promo codes

Although a Betway promo code is not required to claim the bonus offered by the online sportsbook, this may not be the case with other legal sports betting sites. Our research has covered DraftKings, FanDuel, BetMGM, and others to provide you with comprehensive information on each site’s sports betting platform and promotional code options.

Betway promo code FAQs

Can I trust Betway when it comes to promos?

Yes, Betway is legally operating in all eight states mentioned on this page, holding licenses and following regulations in each state. It is a trustworthy sportsbook that upholds the promotions it advertises.

What is the Betway promo code?

There is no requirement to use a Betway promo code in order to receive any welcome offer. All eligible customers will automatically receive the bonus in their account as long as they meet all the necessary conditions.

Do I need to deposit to get my Betway promo?

Certainly. In order to receive the bonus, you must place a first real-money bet, which also includes the possibility of losing. Therefore, a cash deposit of at least $10 is necessary.

What if I lose my initial bet at Betway?

In the event that your first bet at Betway is unsuccessful, you will be refunded the full amount (up to $250) in bonus bets. These bonus bets cannot be withdrawn as cash and can only be used for placing more bets with Betway.

If I win with the bonus bet, can I withdraw the winnings from Betway immediately?

Bets placed and won using bonus bets can be cashed out right away, but only the winnings from the bet are included in the payout, not the original bonus bet stake.

In what states can I legally bet at Betway Underscoreg?

Betway Underscoreg is licensed to operate in nine states across the USA, including Arizona, Colorado, Indiana, Iowa, Louisiana, New Jersey, Ohio, Pennsylvania, and Virginia. The sportsbook is legal and licensed in all nine states, while the Betway Casino is currently open in New Jersey and Pennsylvania only.

I’m already registered at Betway, can I still use the promo code?

No, the Betway bonus code welcome offer is only available to new customers. With that said, Betway does have other promotions available to current customers, including its weekly Parlay Club and NHL Playoffs Overtime Insurance.