Welcome Bonus for New Players
Becoming a new member of the Betway community, you are guaranteed a Sports Welcome Bonus. This 100% match promo will give you up to ৳2,800 based on your 1st deposit. Let’s say you deposit ৳1,500 – you will receive the same amount in the bonus money.
This Betway bonus is available for new users only and can be used exclusively on sports betting. Remember that it has time limits: the promotion is valid for 7 days upon registration. Once you’ve claimed it, you have precisely 30 days to wager the bonus. Note that if you don’t fulfill all the playthrough requirements during this period, promo funds will be forfeited.
Betway bonus withdraw is possible only if you wager the applicable bonus 6 times. That is, if you get 200 Bangladeshi Taka as a bonus, the sum for the wager will be 1,200 BDT (6 x 200 BDT).
Also, note that this Betway bonus can be claimed only through deposits via a debit/credit card, Neteller, or Skrill. No other payment mediums are eligible for the Welcome offer.
Is the Welcome Bonus the same as Flexi Bonus?
The Betway Welcome Offer is categorized as Flexi Bonus. It implies you can withdraw your cash balance at any time. When you have an active Flexi Promo and bet money, the sum you place as your stake will come from your cash and bonus balances at your “Bonus to Cash Ratio” (BCR). Winnings are also allocated back to your cash and bonus balance in the same ratio as they were placed.
For example, you place a deposit of ৳2,800 and get a ৳2,800 bonus. Your BCR will be 50/50. ৳2,800 Deposit + ৳2,800 Bonus = ৳5,600 of total balance. Let’s say you bet 1,000 BDT, having such a budget. 500 BDT will come from your cash balance and another 500 – from your bonus budget. If you win ৳3,000 from this bet, the sum of your winnings will be split by 50/50 between your balances. 3,800 BDT (initial cash balance – 50% of the bet + half of the winnings) will be available for you to withdraw. Another 3,800 BDT will be subject to playthrough requirements.
Once you complete all playthrough requirements, your entire bonus balance will be transferred to your Cash balance. You’ll be able to withdraw it later.
No Deposit Bonus
To date, there is just one Betway no deposit bonus. Newly registered players can get 50 free spins for the Hellboy slot machine. The primary condition is downloading the Betway software for your PC or laptop desktop. The bonus is active for 7 days upon claiming. After that, you can spend it on the indicated game only!
Free Bets from Betway
There is one more profitable reward option on the bookmaker’s website, which players especially note in their reviews. These are free bets for participating in the loyalty program. To take part in the offer, you need to integrate your profile into the Free Bet Club program after registration.
Twice a week (on Mondays and Saturdays), you will receive a special Betway bonus – a $10 (863 BDT) free bet. To obtain the promotion, you need to bet at least 2,000 BDT on Express bets, choosing a coefficient from 3.0. Betting must be made on at least 3 lines.
Betway Money Back Boost (a cashback bonus) is the best option for Bangladesh players who prefer making bets with multiple selections. You probably know that feeling when one wrong selection ruins a potentially massive win. This Betway bonus is meant to prevent such a disappointment. Now, you have the chance to win 20x your initial bet as a refund from the bookmaker. For example, you bet ৳2,000. By activating Betway Money Back Boost, you have a chance to win ৳40,000 as a cashback!
Money-Back Boost from Betway Bangladesh works as follows:
- A multi bet with 6-10 selections, at least 1.5 odds: if one selection loses, you get 100% of your bankroll back.
- A multi bet with 11-15 selections, at least 1.3 odds: if one selection loses, you get 200% of your stake back.
- A multi bet with 16-20 selections, at least 1.3 odds: if one prediction doesn’t win, you get x10 your stake as a refund.
- A multi bet with 21+ selections, 1.3 odds minimum: if one prediction doesn’t win, you get x20 your stake as a refund.
You need to make a multi bet with 6 selections minimum to claim the boost. Then, a pop-up window with the cashback activation will appear. You may accept it or not.
Betway Loyalty Program
The loyalty program of a bookmaker’s office is a multi-level bonus accrual system for regular customers of the gambling platform. Typically, such programs involve the accrual of bonus points for new deposits or bets, which can then be exchanged for free bets, valuable prizes, and in some cases – cash bonuses.
The Betway loyalty program is called Free Bet Club. Once registered, you automatically become a member. The program obviously gives you free bets for a certain amount of money spent on sports betting (see for more details above).
In addition to free sports bets, players have a chance to get a bonus code for exclusive Betway casino bonus offers. Such vouchers provide an opportunity to increase cashback for subsequent deposits and get free spins for casino games. Also, with the loyalty program, slot fans can earn special points, which can be exchanged for free credits later.
How to Get and Activate the Bonus
To get bonus offers from Betway, you need to complete the registration first. It will be easy even for those who haven’t gone through it before.
Bonus activation guide
Just follow a few simple steps:
Step 1: Open the main page of the official site.
Click on the Register button (right next to Login).
Step 2: The system will offer you to fill out a particular form.
Specify the following data: full name and surname, date of birth, country of residence, and the appropriate address.
Step 3: Come up with a login and password.
Step 4: Indicate the maximum limit of funds you can bet in a week or a month (Responsible Gambling).
Step 5: At this stage, you can enter a unique Betway Bonus Code, which activates your participation in the promotion on the welcome promo (not necessary).
Also, to claim this offer, you need to check the box “I wish to receive the Welcome Bonus and accept the Terms and Conditions”.
Step 6: Click on the Confirm button.
The Betway bookmaker then needs to verify your account. This is a simple procedure where you need to confirm the personal information indicated and attach the color copies of the documents proving your identity.
To first replenish the account and receive a Betway bonus, you can use Visa/MasterCard bank cards or make a transfer with payment systems like Neteller or Skrill. In the future, you will be able to withdraw the winnings via the same mediums. Once the money is transferred to your Cash balance, you will automatically receive the Welcome Offer. Other promotions can be later claimed in the corresponding section.
Rollover Terms & Conditions to Consider
You cannot withdraw Betway bonus offers right away. You must first use them according to the rollover terms and conditions. “Rollover” or “Wager” implies that the number of your bets must exceed N times the initial bonus sum. For example, if you get a ৳1,000 promo with an x30 wagering condition, you must wager it over ৳30,000. If you play slot machines, you need to spin the reels 300 times (regardless of wins and losses). Many bettors cannot fulfill this condition and lose the bonus entirely. There are 2 options:
- Only the amount of the bonus is taken into account in the Rollover requirements. At first, you gamble on a deposit, and only after that can you start playing for promo funds. If you did not lose your money during the game for cash but, on the contrary, even multiplied it, then, you may refuse the bonus and draw out the money.
- Rollover requirements consider the amount of the Betway bonus in combination with the amount of the deposit. You are limited when playing with such promotions (maximum bet requirements, list of allowed games, etc.). And if you win when playing on a deposit, then you still have to fulfill the rollover conditions. Otherwise, if you cancel the bonus, you will lose all your winnings, and the gambling platform will return you only the initial refill amount.
Therefore, before taking a bonus, look at what restrictions there are. Maybe, in some cases, it would be better to play only on a deposit. In addition to the rollover terms and conditions, the player must pay attention to other rules:
- Max amount of convertible credit – if you manage to meet all the bonus conditions, then, it can be converted into real money. The maximum amount that can be converted into cash can also be written in terms of the promotion. Let’s say this amount is 5 times your deposit. Even if you have won 3,000 BDT using a 100 BDT bonus, you have met all the conditions of the rollover, then, your winnings from bonuses will still be 500 BDT.
- Time limits – for each bonus, the bookmaker sets the period during which it can be used. In most cases, this period lasts a month, after which the bonus is canceled.
- Limit on the maximum bet amount – the gambling site limits the maximum bet amount. This is done to limit the hunt for promotions. For example, slot games with high volatility are an excellent option for bonus hunters. They should be avoided – otherwise, you’ll be banned. Instead, you can change your strategy and play the low variance game.
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Mohammed Rahman has been interested in sports since childhood and dreamed of playing in his favorite cricket team, but fate led him to write about sports betting, which he did not regret. As a schoolboy, he liked to write about sports and learn a lot of new things, so he and his friend organized a school newspaper where they “jokingly” reviewed local matches. Together with his father and his friends, he often attended IPL matches where he learned even more about sports and the industry in general.