Betway Bonus Code: Get up to $200 in Bonuses in October 2024

Betway was founded in 2006 and has grown into one of the most respected online sports betting operators globally. The sportsbook accepts players from many regions worldwide, including Canada, and partners with famous sports teams like Arsenal FC and West Ham United.

New players in Canada are greeted by a Betway sign-up bonus that provides a 100% first deposit match worth up to $200. Alternatively, new users can claim $200 of first-bet insurance plus free bonus spins. No Betway bonus code is necessary for either one.

Check out my complete guide to the Betway promo code offers to learn how to claim your rewards and how they compare to the best sportsbook bonuses in Canada.

Betway bonus code and sign-up offer details

You can claim a Betway promo code offer by opting into your desired deal during the registration process. The first promotion you can claim is a 100% first deposit match of up to $200.

If you prefer to grab first-bet insurance instead, Betway will cover your losses on your first wager up to $200. With this offer, you’ll also get 50 bonus spins on the Mega Money Wheel.

While many of the best sports betting sites in Canada require you to enter a promo code to claim your welcome bonus, you don’t need one here. You can simply follow the links on this page to register and opt-in to the Betway welcome bonus of your choice.

Betway sign-up bonus

The Betway welcome bonuses are only available to new customers who are creating an account for the first time. New players can pick between a 100% deposit match on their first deposit, or first-bet insurance. Both promotions carry maximum values of $200, but you can only choose one.

How does the Betway bonus code work?

Even without a Betway bonus code, claiming a welcome offer is super easy. You can set up your account and get your rewards within minutes. Here are the key terms and conditions you need to adhere to, starting with the deposit match offer:

• Sign up with Betway and opt-in to the welcome offer.
• Deposit a minimum of $10 into your account within seven days of registering.
• The amount you deposit will be matched at a 100% rate up to $200. Even if you deposit more than $200, you'll only receive $200 in bonuses.
• You must wager the bonus amount 10 times at odds of 1.75 or greater before withdrawing your winnings. Bets carrying odds between 1.3 and 1.74 will only contribute to your 10x playthrough requirement at a rate of 20%.
• Bonus bets expire seven days after issuance and cannot be withdrawn.

Alternatively, you can get your hands on first-bet insurance. Once again, no Betway promo code is required.

• Sign up with Betway and opt-in to the welcome bonus.
• Deposit a minimum of $10.
• Place your first bet.
• If your wager loses, you’ll get your stake back as a single bonus bet worth a maximum of $200.
• Your reward should hit your account within 30 minutes of your wager settling as a loss.
• Your bonus bet is not cash, so a winning wager with these funds won’t return your stake.
• The bonus bet expires seven days after being credited and cannot be withdrawn.
• Whether your first bet wins or loses, you’ll get 50 spins on the Mega Money Wheel, each worth $0.10.
• The bonus spins will expire seven days after the player is awarded them.
• All winnings earned from the bonus spins will be paid out as cash.

How to enter the Betway bonus code

There is no Betway bonus code to enter. If you’re ready to claim a Betway new user promo, follow my step-by-step guide below to get set up in minutes.

1. Register

Follow the links on this page and click the “Sign up” button to launch the registration form. Create a username and password, and enter your email address. Provide personal details like your name, date of birth, and address. Betway will let you set responsible gambling limits, your preferred currency, and your preferred language.

Betway will also prompt you to pick a welcome bonus when you sign up. Ensure you have selected the one you're most interested in.

2. Deposit funds

Once you have agreed to the terms and conditions and have registered your account, head to the cashier section and choose to deposit. Select a payment method and add the relevant details. If you've selected the deposit match welcome bonus, you'll receive your bonus during this stage of the process.

3. Place your wager

Browse through the available markets and choose one you like. Add it to your bet slip and make your first wager. If you selected the bet insurance welcome offer, remember that the Betway promo will only cover you up to $200.

4. Receive the bonus

If your bet settles as a loss, you’ll receive your stake back as a single bonus bet ($200 max). If your wager wins, you will receive your money back and your profits. No matter what, the sportsbook will award your account with 50 bonus spins, which you can claim by opening the Mega Money Wheel.

Betway promo comparison

Comparing all the different promos at Canadian sports betting sites can be time consuming and difficult. Below, I've shown how the Betway welcome offer stacks up to some of the other industry leaders.

Betway bonus code for existing users

While Betway offers generous promotions to tempt new players to sign up, it also provides bonuses to keep existing players coming back for more. It’s usually easy to enjoy these perks, as all you’ll need to do is opt-in to a promo and follow the terms and conditions, like making a minimum bet. Typically, you don’t need to enter any Betway promo codes.

Below, I've highlighted some ongoing promotions you can enjoy once you play through your Betway sign-up bonus.

Parlay Club

If you opt-in to the Parlay Club, you can earn two $5 bonus bets when you spend more than $25 on parlays with more than three selections during a week. The promotion period is from Saturday to Friday. If you qualify, you’ll get your first bonus bet the following Saturday and the other bonus amount on Monday.

Casino Club

You can opt-in to the Casino Club through the Betway “Promotions” tab and get rewards if you deposit and wager a minimum of $50 each week in the Betway online casino. You’ll earn rewards like casino credits, free spins, and bonus bets each week you meet this target. This bonus allows you to test out the excellent Betway Casino.

Betway promos this week

Betway always tries to keep things exciting for its customers, so it often changes its promotions from week to week. Here's what's currently on tap:

Blue Jays Special

You can earn bonus bets on every Toronto Blue Jays game by placing a $10 pre-game wager on a BetYourWay & Specials market for Blue Jays matchups. This will earn you $2 in bonus bets for every run the team scores in that contest. The maximum amount of bonus bets you can collect from a single game is $20.

Betway Boosts

Like all the best sportsbooks in Canada, Betway regularly boosts odds on specific games, fights, or other events. For example, you might find the moneyline on an important Vancouver Canucks game boosted from +100 to +130.

Betway Casino bonus code

Along with its famous online sportsbook, Betway operates a successful casino full of online slot machines, table games, and live dealer titles. The site also rewards prospective casino players with a generous welcome bonus.

Betway Casino offers deposit matches on your first three deposits, allowing you to earn up to $250 in bonuses each time for a total of $750. Your first deposit is matched at 100%, and your second and third are matched at 25%. You'll also receive 70 bonus spins on the Mega Money Wheel.

Here's what you need to know about the promotion:

• Sign up for a new account and select the casino welcome bonus.
• You don’t need a Betway Casino bonus code to redeem it.
• Your first deposit will be matched at a 100% rate, while your second and third are matched at 25%. Each deposit match has a maximum value of $250.
• There is a $10 minimum for all three deposits.
• You'll need to fulfill a 50x wagering requirement before you can withdraw any bonus funds.
• You will receive 70 bonus spins even if you only make one qualifying deposit.
• The spins are credited to your account in batches of 10 every day for seven days.
• You can claim a sportsbook or casino welcome bonus, but not both, so consider this when choosing which one you want.

Betway Sportsbook review

Betway was launched in 2006 and has since grown into one of the biggest gambling companies globally. It is owned by the New York Stock Exchange-traded Super Group. The sportsbook is an official betting partner of many prominent sports teams and leagues.

Betway offers plenty for sports bettors in Canada to enjoy, including live streaming of global sports events, generous odds, and a free blog with helpful betting tips and advice. The sportsbook allows you to bet on a range of events and offers frequent promotions to keep players coming back for more. There are some nice touches for eSports fans, who can find popular markets like CS2, League of Legends, Valorant, and Call of Duty.

I found some issues with Betway, including its dated desktop site, which has far too many navigation options and doesn’t use screen space well. However, any problems are small and outweighed by the generous promotions and the high-value odds you can get back.

Betway mobile app

If you want to wager on your favourite sports on the move, you can download the Betway app to your mobile device from the Google Play Store or Apple App Store. The powerful platform uses the same white and gray colour scheme as the website and lets you load live odds, watch live streams, and make deposits with a few taps.

Compared to other betting apps, Betway's product feels a little cluttered. Additionally, the promotions banner on the main page means the sports markets can sometimes seem like an afterthought. However, the benefit of this is you can quickly switch between betting lines, and you’re unlikely to miss any generous offers.

Betway pros and cons

Pros:

✅Trustworthy brand: Betway has been around since 2006 and has established itself as a reputable platform.

✅Excellent eSports betting: eSports fans can enjoy a wide range of markets for the most popular games.

✅Solid promotions: Along with the enticing Betway sign-up bonuses, the sportsbook rewards loyal players with a variety of lucrative perks.

✅Free betting blog: One of Betway's most unique features is its blog, which provides match previews, tips for gamblers, and more.

Cons:

❌Dated desktop site: Betway could benefit from a design refresh to bring it in line with some of the other top-tier sportsbooks in Canada.

❌Cluttered mobile app: The app has everything you need, but it's not exactly easy on the eyes.

Betway bet types

When you bet with Betway, you’ll have access to all the usual bet types. Here's some of what you can expect to find:

• Moneylines
• Point spreads
• Over/Unders (Totals)
• Parlays
• Props
• Futures

Betway sports markets to bet on

There are more than 30 sports you can bet on with Betway, each with a variety of competitions and events covered. The most popular Canadian sports have many betting lines, including NFL odds, NBA odds, and NHL odds. Niche sports fans will still find plenty to enjoy, with options for surfing, water polo, field hockey, and much more.

Betway customer service

If you need help at Betway, your first stop for quick and efficient customer support should be the FAQ page. Here, you’ll discover geo-specific answers to a variety of questions. You can sort them by categories or search through them with the search bar. If you still can’t find the answers you need, you can contact the support team through live chat or email.

All the customer support agents I spoke to were friendly and helpful, promptly providing the advice I needed. You need a Betway account to contact the support team, which may be frustrating for customers who want to check specific details before signing up.

• Live chat: Available 24/7
• Email: support@betway.com
• Phone: N/A
• X (Twitter): @BetwaySupport
• Support languages: English, French, Spanish, Norwegian, Dutch, Portuguese

Why choose Betway?

There’s a lot to like about Betway Canada. The sportsbook has the backing of a reputable company and a reputation for safe play. It also has partnerships with leading sports teams and leagues, which allows it to offer exclusive promotions.

The platform is specifically tailored to Canadian gamblers, with promotions for local teams like the Toronto Maple Leafs. If you need any insight before you bet, you can use the free Betway blog to inform your wagers.

Betway payment methods

You can fund your Betway account to claim the welcome bonus using various trustworthy payment options, including Canadian favourites like Interac, credit cards, and Instadebit. E-wallet fans have plenty of options, with Neosurf and Payz available. The sportsbook protects all transactions with the latest SSL encryption, and withdrawals usually only take a few days to process, if not less.

Some players may be disappointed that options like PayPal aren’t supported. However, with no fees and a low minimum deposit of $10 on most banking methods, there is still plenty to like about the sportsbook’s payment selection.

Where is Betway legal?

Betway is licensed by the Malta Gaming Authority (MGA), allowing it to accept players across Canada. Additionally, the platform works with third parties like eCOGRA and the International Betting Integrity Association (IBIA) to provide a fair and safe betting experience.

While you can’t use Betway Canada in Ontario, there is an Ontario-specific version of the platform licensed by the Alcohol and Gaming Commission of Ontario (AGCO) that accepts players in the province. Betway is one of the best Ontario betting sites, but it may have different features than the product available elsewhere in Canada.

More sportsbook promo codes

Signing up with the best Canadian sports betting sites is essential, and there is no reason to limit yourself to just one. You can register with multiple sportsbooks to shop around for the best odds and claim more welcome bonuses.

Here are some of the other leading Canadian sportsbooks I recommend you check out:

Betway bonus code FAQs