Betway Deposit – Betway is a well-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 online sports betting journey in the US. it. In Colorado, a natural starting 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 around the world. Brand recognition is likely why the Digital Gaming Corporation (DGC) took an interest. A successful American company that designs online casino games, DGC has entered into 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.
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Read on to learn about the sportsbook, its promotions, how the browser and app perform, betting markets offered, banking options, and more. Let’s begin.
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Betting on sports with Betway can give 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 in to the promotion. To be eligible for the bonus bet, you must opt-in for your first deposit. This happens after registering for an account but before you make your first deposit. If you do not opt in, you will not be able to claim your bonus wagon. Missing the offer would be fun…make sure you opt in!
Next, make a deposit of $10 or more. The bonus bet is based on your first bet, so if you want to qualify for the full $250, you’ll need at least $250 to bet.
Find a bet you want to make and go for it! You need to place a bet with odds of -330 or better to be eligible. This is good news for your bonus bet because you have a better chance of winning the bet. This bet cannot be placed on boost odds and the bet must be settled within 7 days of opening the account. So once you’ve opened an account, opted in, and made a deposit, you must place your first bet within 7 days of that date to be eligible for a bonus bet.
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This is where the result of your bet factors into Did you win your bet? Great! You can keep your money, withdraw it or bet again. A winning bet is always ideal.
Your first bet… didn’t 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 money within 24 hours per year.
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 amount of the bonus bet. If you bet $250 on Lewis Hamilton to win the upcoming Grand Prix at +100 with your bonus bet and he wins, you can withdraw your $250 winnings but not
(Winnings + bonus bet amount). Still, you’re back where you started, which is a good place to be.
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Betway currently accepts legal sports bets in a handful of states, but their ambitions are much bigger. Expansion plans are already underway and we are excited to see where they land. You can now bet in the following areas:
Betway was 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 to Betway due to its relatively high population, location (California, Utah, New Mexico and Texas do not yet have online betting), and liberal betting laws. Arizona was the sixth U.S. state.
As mentioned, Betway began its journey to American sportsbook dominance in Colorado. The company is live in the state on April 5, 2021. Betway is the online “skin” for the famous Bonanza Casino of Central City, which holds the main license necessary to operate online in the state. Colorado sports betting law allows for tons of different sports betting markets, making it one of the most exciting to bet on.
Betway went live in Indiana in May 2021, partnering with Belterra Casino Resort as one of its three online skins. Indiana has become a strong sports betting market, with over a dozen sportsbooks operating in the state. Betway should be able to win some loyal customers with their one match parlays and creative promotions.
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Iowa was one of the first states to offer online sports betting, and it has been extremely successful in the state. All of the state’s 19 existing casinos qualify for online skin, so online-only operators like Betway can partner with a casino to come to the state. Betway and Diamond Joe Casino are paired up, bringing the operator to Iowa in October 2021.
Betway went live in New Jersey on August 18, 2021, becoming one of the newcomers to the state’s crowded sports betting market. 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 1 billion dollars, there are more than enough customers to go around.
Betway has joined forces with Live! Casino Hotel Philadelphia will go live online in the Keystone State in June 2021. Live! is a comedy casino/entertainment complex located near the Philadelphia 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.
Betway currently resides in Canada and has been accepting wagers from Canada for several years. The sportsbook operates in a legal gray area because prior to the passage of federal legislation legalizing one-game wagering, one-game wagering was not specifically legal but it was not specifically illegal. The ambiguity resulted in offshore sportsbooks such as Betway not being banned from accepting wagers from Canadian sports bettors.
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In the summer of 2021, the federal parliament passed legislation (C-218) that clarified the ambiguous sports betting laws in the country. C-218 specifically states that each state has the authority to legalize and regulate sports betting as they wish. Most provinces have publicly stated their intention to fully legalize single-game betting as soon as possible, meaning 2022 will be a huge year for legal sports betting in Canada.
Provincially-run ProLine+ currently accepts single game wagers in Ontario, Canada’s most populous province, and the market will open to competition in April 2022. Betway will be among the sportsbooks to be licensed by the state, trading its kind of legal presence in the country for a controlled presence similar to the five American states in which it operates.
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. 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). A 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 10x playthrough requirement, meaning you need to wager 10x the bonus before the money and any winnings can be withdrawn. Under the Terms and Conditions, to clear the entire $200 deposit game, you will need to wager $2000 within seven (7) days. This is a very tight schedule that is unusual among major sportsbooks. That said, bonus money is bonus money, so if you plan to do a lot of wagering on an upcoming event like March Madness or the NHL playoffs, it pays to maximize your first deposit at Betway.
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The money promotion is offered by several sportsbooks and is a popular choice for those who want to “cash in” rather than let their bets run. Here’s how it works: Say you took the Jets as a major moneyline NFL underdog against the Chiefs. Amazingly, the Jets play well and slow Mahomes while moving the ball on offense. In the 4th quarter, the number of jets increased by 10.
In the Betway app, directly below your intended bet, you will find a “money” option, updated in real time, which gives the exact amount for which you can settle your bet. This way you can get your winnings before the game ends. If you took the Jets +350 and they lead in the 4th quarter, you could get a +150 payout, which is not the full payout you would get if they win, but it is more than the $0.00 you would get if the Bosses came back to win. The money option is all about risk management and is a nice option for players who are not necessarily
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