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Betway Sign-Up Offer: Get up to £70 in Free Bets for Cheltenham Festival – February 2024

Bet Your Way with multiple sports bonuses and a weekly Free Bet Club

Get up to £70 in Free Bets for Cheltenham Festival CLAIM OFFER

New & Existing UK Customers. Opt-in required. Min stake: £25. Total Free Bets: 2 x £5, plus £5 added to Cheltenham pot. Qualify for 4 weeks & get an extra £10 Free Bet. Single Line Multiples including 3 or more selections only. Min. overall odds: 2/1 (3.00). Pot credited in full on 11/03/24. 18+. T&Cs apply. Begambleaware.org Bet the Responsible Way Full terms apply.

 

Betway Sign-Up Offer

Offer Name Offer details Link

Betway Sports Free Bet Offer

Get up to £70 in Free Bets for Cheltenham Festival

Click here

New & Existing UK Customers. Opt-in required. Min stake: £25. Total Free Bets: 2 x £5, plus £5 added to Cheltenham pot. Qualify for 4 weeks & get an extra £10 Free Bet. Single Line Multiples including 3 or more selections only. Min. overall odds: 2/1 (3.00). Pot credited in full on 11/03/24. 18+. T&Cs apply. Begambleaware.org Bet the Responsible Way Full terms apply.

Our Methodology for Rating and Collecting Information About Betway

To ensure an unbiased review of all bookmakers, we stick to a strict methodology during the testing and rating process. So, we reviewed Betway’s licencing, safety and security, payment methods, betting markets, and customer support to determine if the site is ideal for punters. We also pay attention to factors like odds, bonuses, mobile compatibility, and the overall user experience. Read more about our Methodology here.

Betway Sign Up Offer Key Terms and Conditions

The sign up offers you get from Betway come with terms and conditions to adhere to in order to get your free bets. Here are the key ones to note:

New & Existing UK Customers. Opt-in required. Min stake: £25. Total Free Bets: 2 x £5, plus £5 added to Cheltenham pot. Qualify for 4 weeks & get an extra £10 Free Bet. Single Line Multiples including 3 or more selections only. Min. overall odds: 2/1 (3.00). Pot credited in full on 11/03/24. 18+. T&Cs apply. Begambleaware.org Bet the Responsible Way Full terms apply.

Key Takeaway From Our Inhouse Betting Experts

I signed up with Betway, and it didn’t take long to activate my account. The platform verified my identity automatically, so I didn’t have to upload documents. Then I claimed the Betway new customer offer of £10 in free bets and began wagering. Overall, the experience was smooth, as the bookmaker site isn’t complex. I love the friendly UI and how neatly arranged the categories are. I made some winnings from my initial bets which was nice. While some players do complain about delayed payouts from the bookmaker, I was able to get my payment within two days using my debit card. If you meet all the site requirements, you’ll have no issue with withdrawing”Mohamed Moallim – Sports betting expert.

Is There a Betway Bonus Code?

No, there’s no bonus code to enter when claiming the Betway sign up offer. The bookmaker will automatically credit your account with the reward when you meet the eligibility requirements. However, you have to first select your preferred promo during registration. 

How to sign-up for Betway’s Welcome Offer

Before you can bet at Betway and enjoy the welcome bonus, you must create an online betting account with the sportsbook. This takes only a few moments to complete and you must work through the registration process only once. When you have created an account, you will receive a username and password that will grant you access to your betting profile from anywhere in the country using your desktop computer or mobile app. This allows you to bet when you want, where you want, and the sports you love most.

The Betway team appreciates that you’re busy and don’t have hours to spend signing up to an online bookmaker. However, they know you want to register as quickly and securely as possible before getting on with enjoying your account, placing bets, using promotions and watching live sports. That’s why every effort has been made to keep the registration process as quick and straightforward as possible. As a result, you can complete the entire process in a matter of minutes.

Follow the steps below to create your account, register your login details and secure the Get up to £70 in Free Bets for Cheltenham Festival being offered by the marketing team to new customers. Please be sure to follow each of the below steps as missing just one could result in a delay to your account being registered or you receiving a smaller welcome bonus than you are due.

  • Head to Betway using this link
  • Hit the join button to create an account
  • Enter your personal details
  • Verify your identity
  • Create and save a username and password
  • Opt in Betway Free Bet Club: Countdown To Cheltenham
  • Deposit a minimum of £25 and place your first bets on trebles, accumulators or Bet Builder bets
  • Receive your two £5 Free Bets and 25 Free Spins.
  • An extra £5 Free Bet will be added to your Cheltenham Free Bet pot every week that you qualify for Free Bet Club. 
  • If you qualify for the Free Bet Club on all four weeks an extra £10 free bet will be added to your account

What Identification does Betway Require to Sign Up?

Betway requires ID verification for sign-up, typically done by emailing a photo of your driver’s license or passport to their customer care. This one-time process, essential for preventing underage gambling and identity fraud, unlocks full account access for betting, deposits, withdrawals, and promotions..

Our Betway Review

We are huge fans of the Betway site, and the more you learn about this bookie, the more we think you’ll love them too. This sportsbook has lots going for it, and it’s the special features, user-friendly website and app and reliable customer services that make Betway stand out from the crowd. In this section of our review into the Betway welcome bonus, we touch upon some of the bookie’s best features.

Betway is a bookie for winners, with its average payout on sports bets sitting in excess of 95%. That won’t mean much to most punters, but you’ll be impressed by that stat if you are an industry expert. As a Betway customer, you’ll have access to more than 30 sports with in-depth coverage of the UK and Irish horse racing and greyhound racing scene. There are over 30,000 pre-match betting markets every month at Betway so that you won’t be left without a gamble. There’s always something worth backing at this app.

Is Betway safe?

Betway, is an established brand across the world and is recognizable in the UK for having an outstanding reputation and of course sponsoring Champions League hopefuls West Ham! However, from time to time an issue will arise with any service provided, and if that is the case please use the information below to contact Betway’s customer service team.

Company Betway Limited
Registration Number 39372
Licence and Regulators UK Gambling Licence
Contact Details [email protected], Live Chat, 0808 238 9841
Address 9 Empire Stadium Street, Gzira, GZR 1300
Live Chat Available on website and mobile app

How Does Betway’s Sign-Up Offer Compare With Other Bookmakers?

One way we access a bookmaker’s offers is by confirming how they compare to those of other UK bookmakers. Here’s how the Betway sign up bonus compares against other top UK sports betting sites:

Bookmaker Welcome Offer Min Odds Min Bet
Betway Get up to £70 in Free Bets for Cheltenham Festival 3.0 £10
BetUK £30 in free bets  1.8 £10
Sky Bet £30 in free bets  2.0 £5
Planet Sport Bet £10 in free bets  2.0 £10
SBK £30 in free bets  1.5 £10
Midnite £20 in free bets  4.0 £10
Casumo  Free bet up to £25 2.0 £5
Rhino Bet £50 free bet  2.0 £25
Unibet  Up to £40 in free bets  1.40 £10
Fafabet  Up to £50 free bet  2.0 £10
Kwiff  £30 surprise bet  1.5 £10

Are Betway Odds Fair?

Odds determine the value you get from your bet, so they’re always essential when evaluating a bookmaker. We checked whether Betway offers reasonable odds by comparing their overround percentage. If the value is under 110%, it indicates the odds are fair value. 

For this test, we randomly picked some games across different sports categories. First, for a football game between England and Malta, the featured odds were 1/100 for a home win, 20/1 for a draw, and 66/1 for an away win. The overround margin was 105.26%, which means the odds are fair.

Next, we picked basketball to test Betway’s two-way market odds. The game was between the Orlando Magic and Chicago Bulls, with 21/20 and 4/5 odds, respectively. This time, the overround gave 104.34%, slightly lower than for the three-way market. 

Following the calculations, we can say that Betway has fair odds. You can expect them to be better when betting on two-way markets. And the Betway sign-up offer adds even more value to the customer. 

How Competitive are Betway’s Odds?

It’s one thing to offer fair odds and another to feature competitive odds. So, to finalise our analysis of Betway odds, we ran a comparison with other top bookies. For the England and Malta match, we found that many bookies featured similar odds as Betway. However, some noteworthy betting sites had better rates, including 10Bet, Ladbrokes, Betfair, and Bet365. 

For instance, while Betway had 1/100 for an England win, 10Bet had 1/50. Betway featured 20/1 for a draw; meanwhile, Betfair offered 50/1. The Betway odds for an away win were 66/1, while Ladbrokes offered 70/1.

Overall, we can still maintain that Betway odds are competitive. The odds difference isn’t huge, and it’s likely other markets on Betway will have better odds in comparison. Also, while some bookmakers had better odds in some markets, Betway offered more value in others. 

How Do Clients Feel About Betway?

User feedback is a key part of our assessment. Punters who have signed up and used the Betway site are best positioned to share first-hand information. So, we reviewed some Betway reviews from top platforms, including Trustpilot and AskGamblers.

Most players appear satisfied with their experience with Betway. They shared their appreciation for the bookmaker’s bonuses and promotions, easy-to-use interface, and wide range of sports events. One client was particularly impressed by the “excellent customer service.”

About the negatives, the main angle of complaints was withdrawals. Some punters weren’t satisfied with how long the bookmaker took to process winnings and approve payouts. Generally, withdrawals at the site take three business days at least, compared to some other bookmakers that are instant. Also, some clients face issues by not meeting the verification requirements or other terms and conditions – but these are common complaints universal to bookmakers in the UK.

Betway Existing Customers Promotions

Like other bookmakers, Betway provides interesting promotions for players to get more value. So, besides the Betway joining bonus, you can still claim offers as you continue betting on games. Check them out below.

Free Bet Club

As part of this club, you can get up to £10 in free bets every week. Simply opt for the offer and wager up to £25 on multiples or Bet Builder bets. Your slip must have up to three selections to qualify. You’ll receive two £5 free bets: the first on Saturday and the second on Monday.

4 to Score

This is one of the most rewarding Betway promotions. Simply predict the first player to score in four football games. If all are correct, you win £50,000. Note that Betway picks the games you can cover. 

4 to Win

Similar to the previous promo, here, you select who’ll win from four races. You get a cash prize if your predictions are correct. Betway doesn’t state the exact amount, but you can expect something big. 

Boosts

For this option, visit the Betway Boosts page, and you’ll find games with increased odds. The offer is available daily, and if your bets win, you get a higher payout than the usual odds. You can also expect Super Boosts every now and then.

Betway Key Sportsbook Features

As a registered member of Betway, you will enjoy access to some impressive and exciting promotions. We have picked out some of our favourites and listed them below with a brief explanation of each.

Betway Tabs

As a member of Betway, you will have access to the sportsbook betting tab, where you’ll find betting odds on the most popular sports and competitions as well as more unique markets. In addition to the sportsbook, you can also gamble on casino and live casino. Thanks to the shared wallet, click the tab you want to bet on and take your cash with you. Your username and password give you access to all tabs.

Build Your Way

This feature lets you place bets however you want. Usually, bookmakers limit bettors to wagering only on the featured betting markets. However, Betway switches things up with Build Your Way.

You can combine different betting markets to create your preferred bet. For instance, in a football game, you can combine a home win with first-half corners, the number of cards, the player to score, and more. It’s up to you to decide. Notably, you can merge this with the Bet Builder for much more seamless wagering.

Betway Live Streaming

Watch live sports on the live streaming tab. For example, if you gamble on a sportsbook event, such as a horse race from the UK or Ireland, you can follow the play live on your desktop computer or mobile app free of charge. This allows you to cheer on your bets.

500+ Football Markets

Betway is big on football, and it shows in their coverage of the beautiful game. Each match from the top leagues and competitions, including Premier League and Champions League, has over 500 pre-match and in-play betting markets attached, meaning there’s always something to catch your eye.

Cash Out

Here’s a relatively popular feature in the betting industry. When you place wagers at Betway, you don’t have to wait until the end of the events to receive payouts. You can settle your bet when the results are coming in for you when the cashout feature is active.

The advantage is that you can grab early payouts or minimise potential losses. You’ll find the Cash Out icon in the My Bets section of your dashboard. It’s available for major sports categories like football, horse racing, and cricket.

You may be able to apply a particular cash out and keep the bet running with a lesser stake too. However, note that the Cash Out feature only supports single, multiple, and system bets. You can’t use it for each-way selections. And when you cash out you’ll generally get a reduced odds payout.

Football Betting Tips

As a Betway punter, you can access expert betting tips for top games, especially football. The professional advice will help you place more informed wagers, which increases your chances of winning. It’s 100% free. Visit the Betway Insider blog to find these helpful tips.

How Is The In-Play Betting Experience On Betway?

Betway has a relatively streamlined in-play betting section. It’s easy to access from the menu, and upon clicking, you get a display of all ongoing games. You’ll find events across all supported sports categories.

Betting isn’t different from prematch picks. You tap on the odds for the markets you want to wager on, and the option goes to your bet slip. However, note that there are fewer markets compared to pre-match selections.

In-play odds tend to be highly volatile, especially for fast-paced sports. While we reviewed the in-play option, some odds switched from 1/2 to 11/20 within seconds. Betway also has to option to suspend in-play betting for any game at any time. So, we advise placing quick wagers if you want to place live bets.

What Payment Methods do Betway accept?

Regarding deposits, Betway supports several payment methods. Check them out from the table below:

Payment Method Fee Processing Time Min Deposit Max Deposit
Debit card Free Instant £5 User Deposit Limit 
Trustly  Free Instant £5 User Deposit Limit 
Vyne  Free Instant £5 User Deposit Limit 
Bank Transfer  Free Instant £10 User Deposit Limit 
PayPal Free Instant £10 User Deposit Limit 

Note that if you want to claim the welcome bonus, you should make your first deposit using a debit card. Other deposit options are against the sign-up offer terms.

How do I Withdraw money from Betway?

Like deposits, Betway accommodates multiple payment channels for withdrawals. Here are the supported options: 

Payment Method Fee Processing Time Min Withdrawal  Max Withdrawal
Debit card N/A 1 to 3 days  £5 N/A
Bank Transfer  N/A 1 to 3 days  £5 N/A
PayPal N/A 1 to 2 days  £5 N/A

Betway will charge a £1 fee if you want to withdraw below the minimum amount. Keep in mind, that you’ll usually have to withdraw by the same means as you deposited.

Betway FAQs

How do I claim the Betway free bet offer?

To claim the Betway £30 free matched bet if your first acca loses plus 50 free spins you must create an account as a new customer, make your first deposit and place a qualifying bet. You should follow the step by step guide on registering set out earlier in this article.

Can I sign-up for Betway outside the UK?

Betway holds a UK Gambling Licence, which allows the bookmaker to trade and accept customers in the United Kingdom. They also have a licence with the Malta Gaming Authority, which permits them to operate in many countries across the world.

When will my Betway account be credited?

If you have placed a qualifying sportsbook bet and lost, the cash refund will be added to your account as soon as the bet has been settled. You can then use your stake to wager on another sportsbook market.

How do I contact the Betway customer service team?

The quickest way to message the Betway customer service team is by live chat, which puts you in immediate contact with the crew. You can also send a message by email, make use of the call centre staff, or contact them via social media.

Which betting markets can I find at Betway?

Betway is famous for covering all popular sports, including football, horse racing and greyhounds. You will find over 500 markets on the top football matches with different markets available on other sports.

Do Betway have a maximum payout?

There is a maximum payout rule on the Betway site, but this limit depends on the sport you are gambling and the type of bet placed. Check the help section of the Betway website and mobile app for more information.

How many people use Betway?

Betway is a globally known bookmaker. Besides the UK, the company is present in 15 other countries including the US, Mexico, Italy and Malta. Betway globally has around 2 million members.