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BetWay Promo Code: Get Up to $250 in Bonus Bets With the New First Bet Reset Offer

Chris Lollis
Written by:
Last Updated: July 1st, 2024

Our BetWay promo code offer includes a $250 first bet reset for all new sportsbook users. With this exclusive promotion, get your first bet back (in bonus bets) if it isn't a winner.

This offer is only valid in Arizona, New Jersey, and Pennsylvania.

BetWay Sportsbook Promo Code Offers
First Bet Reset
Up To $250 in Bonus Bets
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA). Offer only availavle in AZ, PA and NJ.
BetWay Sportsbook Promo Code Offers
100% Deposit Bonus
Get Up to a $1,000 Match
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER or visit www.ncpgambling.org (NJ), visit https://responsibleplay.pa.gov (PA), 1-800-270-7117 or visit https://www.michigan.gov/mdhhs/keep-mi-healthy/mentalhealth/gambling for confidential help (MI).

BetWay Sportsbook Promotion: Quick Facts

  • BetWay's $250 first bet reset promotion will give you up to $250 in bonus bets if your first wager loses.
  • Bonus bets will be credited to your BetWay account within 36 hours of your qualifying wager settling.
  • The bonus bets you receive with this promotion expire 7 days after being credited to your account.
  • The current BetWay Casino promotion includes a 100% deposit match, up to $1,000.
  • BetWay Sportsbook is available in AZ, CO, IA, IN, LA, NJ, OH, PA, and VA. BetWay Casino is available in NJ and PA.
  • The sportsbook promotion is available in AZ, NJ, and PA only.
BetWay Sportsbook Promotion for 2023

Current BetWay Promo Code Offers

Since BetWay is new to the United States market and only available in 9 states, most people have yet to take advantage of the amazing bonus code they’re currently offering new users. When you sign up and make your first deposit, BetWay will give you up to a $250 first bet reset on your first paid wager.

All you need to do is enter your exclusive BetWay promo code during the signup process and proceed to make your first deposit. If your first bet doesn't win, BetWay will refund your account for up to $250. It's a win-win situation for new players!

Online SportsbookBetWay Sportsbook
Sportsbook Promotion$250 First Bet Reset
Casino Promotion100% Deposit Match, Up to $1,000
How to RedeemFollow our links, make a $10+ deposit, place a $10+ wager.
StatesAZ, CO, IN, IA, LA, NJ, OH, PA, and VA
Last VerifiedJuly 1, 2024

This is one of the top bonus offers available from a U.S. sportsbook this July, but it still trails the Bet $5, Get $150 in Bonus Bets attached to our DraftKings promo code. The best offer for players who are looking to make a smaller deposit is available with our current BetMGM promotion.

Promotions Available to Current BetWay Customers

The Betway promo code is only the start of what BetWay has to offer sports bettors. Like most sportsbook operators, they have a list of running promotions to enhance the experience for existing customers. Here’s a list of some of the promotions and bonuses they are currently running:

  • Big Pick - The BetWay Big Pick is free for all to join, even in states where sports wagering is illegal because it’s a daily contest. You simply choose your picks for the day and you’re entered to win up to $5,000.
  • Same Game Parlay - BetWay knows that Same Game Parlays are getting more and more popular amongst sports bettors! That's why they are offering incredible odds for their Same Game Parlays in every sport!

Those are just some of the promotions they’re running. They make an honest effort to provide exclusive promotions on all the major US sports and are dedicated to providing a best-in-class experience to anyone betting on their sportsbook platform. It’s what makes BetWay so unique!

In terms of existing player offers the BetWay promo code trails only Caesars Sportsbook in our current rankings. The $250 first bet rest offer is one of the largest free bets in the industry, and trails only PointsBet, FanDuel, and Caesars in terms of our highest-rated overall sportsbook offers this July. The BetWay Casino promo code, which allows players to play for up to $1,000, is also one of the best bonus bets in the industry.

BetWay App Overview and Rating  

Popular Types of BetWay Promo Code Offers

BetWay offers a wide variety of promotions across its sportsbook and casino products including risk-free bets, deposit bonus offers, and free bets. Find the details for each type of promotion in the table below.

PromotionOffer Details
Bet ResetWith a Bet Reset offer at BetWay, your first wager is covered if it fails to cash, up to $250. Your refund is paid as a site credit equal to the amount of your first bet.
Deposit Bonus OffersA deposit bonus offer will match a percentage of your initial BetWay deposit. The match is typically 50% to 100% of your initial deposit, with a total bonus ranging between $500 and $1,000.
Bonus BetsWith a free bet promotion, BetWay will give you bonus bets when you make a deposit and place a wager. For instance, bet $10 to get $200 in bonus bets. The bonus bets are added to your account once you meet the offer requirements.

Our BetWay promo code offers will change several times each year, but will typically include one of the three types of offers listed above. Be sure to review the full terms and conditions before creating your BetWay account and making an initial deposit.

What Sportsbooks Offer a Better Bonus than BetWay?

BetWay is one of the biggest names in the global sports betting industry, however, that success simply has not translated here in the U.S. While this is in large part due to a lack of brand awareness and advertising here, the conservative welcome offers are certainly not helping.

BetWay consistently ranks in the bottom 25% for bonus offers among the 20+ U.S. sportsbooks we monitor. That said, the current $250 first bet reset promotion is on par with brands like BetRivers and BetFred.

The table below provides a direct comparison of BetWay's second-chance promotion with those offered by Caesars, BetRivers, and BetFred.

Compare BetWay Bonus Offer
BetWay Bonus Offer
Compare Caesars Promo
Caesars Bonus Offer
Compare BetRivers Promo
BetRivers Bonus Offer
Compare BetFred Promo
BetFred Bonus Offer
$250 First Bet ResetBet Up to $1,000 on CaesarsUp to $500 in 2nd Chance Bets$105 No Sweat First Bet
Win or get your first bet back as a bonus bet.Win your first bet or get it back as a bonus bet.Win your first bet or get it back as bonus bets.Win or get your first bet back as a bonus bet.
4.4 out of 5
EatWatchBet Rating
4.7 out of 5
EatWatchBet Rating
4.5 out of 5
EatWatchBet Rating
4.3 out of 5
EatWatchBet Rating

While BetWay holds its own with the brands listed above, we've found that most players prefer the bonus bets included with the current promotions at BetMGM and Bet365.


What is BetWay?

BetWay Sportsbook has been a leader in the worldwide online sportsbook market for a long time but hasn’t yet been featured in the United States. The good news is the BetWay Sportsbook is finally starting to make its way across the United States betting market and into Canada.

Not only does BetWay offer its users a unique online sports betting experience, but it also has a full online casino for users to enjoy their favorite casino games. BetWay Casino is offering new casino customers a chance to play for up to $1,000! If you’re looking to bring casino games to the comfort of your own home, BetWay Casino is waiting for you. You won’t want to miss out on what Betway Casino has to offer you.

BetWay Sportsbook Promotions Overview  

Who Can Sign Up at BetWay Sportsbook?

As we mentioned, BetWay has long been a popular sportsbook operator overseas and is just now making its way into the United States market. With that being said, they’ve only started to scratch the surface within the US. Here are the states that they currently operate in:

  • Arizona - partnered with the San Juan Southern Paiute Tribe. Allows for online sports betting, but the online casino is unavailable to Arizona residents.
  • Colorado - partnered with Famous Bonanza Casino. Allows for sports betting, but the online casino is unavailable to CO residents.
  • Indiana - partnered with Belterra Casino. Allows for sports betting, but the online casino is unavailable to IN residents.
  • Iowa - partnered with Diamond Jo Casino as the state's 15th sportsbook. Bettors in the Hawkeye are thrilled to have another reputable option for betting on sports!
  • Louisiana - partnered with Evangeline Downs, BetWay launched in LA in 2023. New Louisiana bettors can sign up to receive a $250 first bet reset.
  • New Jersey - partnered with Golden Nugget in Atlantic City. Allows for sports betting and casino betting.
  • Ohio - partnered with the Cleveland Cavaliers, Betway launched in Ohio on January 1, 2023.
  • Pennsylvania - partnered with Live! Casino Philadelphia. Both the sports betting platform and online casino are available to PA residents.
  • Virginia - licensed by the Virginia Lottery. Betway was approved to offer legal sports betting in VA in May of 2022.

If you live in one of the states listed above, then you’re ready to sign up, make your first deposit, and receive the generous $250 First Bet Reset offer. If you don’t live in one of the states listed above, don’t panic. As they continue to evolve and expand, they’ll welcome more states to that list.

How to Sign Up for a BetWay Account

For those interested in creating an account with BetWay and beginning your sports betting journey on the right foot, you’re in luck. Signing up at the BetWay Sportsbook is made incredibly easy and you’ll be set up in just a few minutes. You’ll need to provide them with the following:

  • Full name
  • Email address
  • Physical address
  • Last 4 digits of SSN
  • Date of birth
  • Promo code for the welcome bonus
  • Username
  • Password

Once you provide all of the above, you’ll be prompted to make your first deposit. Remember, BetWay is giving you a Bet Reset of up to $250 so make sure you deposit at least that amount (if your bankroll allows) to take full advantage of the promo code offer!

BetWay Casino Promo Code Offer  

Pros and Cons for the Current Betway Bonus Offer

How does the current Betway bonus offer stack up with some of their competitors? As with every app, Betway has certain strengths that are impressive and certain weaknesses that could be improved. Here are some of the pros and cons worth considering before signing up for an account with Betway.

Pros for the Current Betway Offer

  • Betway's $250 Reset Bet is a great start for new players and is ahead of other competitors like Tipico and Unibet.
  • Betway's Live Casino is one of the best on the market!
  • 24-7 Customer Service Team that is always helpful.
  • Plenty of cashier options.

Cons for the Current Betway Offer

  • The $250 Reset Bet is a nice gesture but it's not as lucrative as DraftKings.
  • The overall layout of the website is nice but it could use a facelift.
BeWay Odds Boost Promos

Betway Sportsbook FAQs

Like a lot of sportsbooks, Betway has been a big name in Europe for quite a while but they are new to the US market. Because of that, lots of gamblers in the US have questions about Betway. Here are some of the most commonly asked questions along with some basic answers:

Is BetWay legal in the U.S.?

Yes, BetWay is a licensed and regulated U.S. sports betting operator. BetWay holds a sports betting license in 9 states and offers online casino in another 2 states.

What sports can you bet on with BetWay?

At BetWay, sports bettors are given a wide range of options to choose from when placing a wager. For example, they offer a wide range of different sports, including the NFL, NCAAF, MLB, MLS, NBA, NCAAB, NHL, UFC, Tennis, Table Tennis, Motorsports, Boxing, and much more.

Does Betway have any partnerships with pro sports teams?

BetWay has already made a lot of noise in some of your favorite leagues. They’re an official gaming operator and sports betting partner of the NBA, NHL, and NFL. They’ve also partnered with the following pro sports teams: Brooklyn Nets, Chicago Bulls, Cleveland Cavaliers, Los Angeles Clippers, Golden State Warriors, and West Ham United.

What betting options are available at BetWay?

They have a variety of different ways to bet. For pregame bets, you can choose between the moneyline, spread, player props, team props, teasers, parlays, round robins, and more. You can also take part in live betting, also known as in-play wagering, for games that have started.

Does BetWay Offer Online Casino Games?

Not only does BetWay offer sports betting, but they also have a full online casino -- though it’s only available to New Jersey and Pennsylvania residents at the moment. That being said, BetWay has already announced plans to expand the casino in the near future. The online casino brings the joy of visiting the casino right into the comfort of your own home and right now they're offering new customers a chance to play for up to $1,000.

What Cashier Options Does Betway Offer?

Betway makes it super easy for their customers to make deposits and withdrawals. They accept Visa, Mastercard, PayPal, E-Check, PayNearMe, and SightLine. All deposits go through quickly and all withdrawal requests are processed in a timely manner as well.

Does Betway Sportsbook have an app for mobile devices?

Yes, Betway has an easy-to-use app for both iOS and Android devices. The Betway Sportsbook app currently has a 4.5 rating on the Apple App Store with over 141,000 reviews. The Android app has a 4.3 rating on the Google Play Store in Arizona. These high marks just go to show that Betway invested tons of time, money, and resources into their sports betting app.

How long does the registration process take at Betway Sportsbook?

Betway Sportsbook makes the online signup process as easy as it can possibly be! All you have to do is enter some basic info and decide what type of depositing method you want to use. The entire registration process on either the Betway site or app will only take a handful of minutes.

Does Betway have a rewards program?

Yes, Betway has a fabulous rewards program to give their sports bettors and casino players some much-needed love. Every wager that is placed in the online sportsbook and the online casino can earn folks some Tier Tokens or Plus Points. These points and tokens can be exchanged for either free bets or casino bonuses.

Can I bet on college sports with the Betway Sportsbook app?

Yes, but check with the laws in your state to make sure of the specifics. Gamblers in New Jersey can bet on college sports, but they cannot bet on games that have an in-state college team involved. The laws are similar for sports bettors in Virginia.

Can I live bet on sporting events with Betway Sportsbook?

Yes! Live betting has grown like wildfire over the years, so Betway knew they would need to offer plenty of live betting options. Both the Betway website and app allow sports bettors to place live wagers in a quick and efficient manner.

Does Betway Sportsbook offer odds boosts?

Yes! Betway offers odds boosts for their clients on a daily basis. On most days, there are two to three odd boosts listed for sports bettors to enjoy. For example, a parlay that normally pays out +250 would be boosted to around +280 or so. This results in what every gambler loves, more money in their pockets!

What type of customer support options does Betway Sportsbook have?

BetWay offers customer support through both live chat and email. Live chat is available 24/7, while email support is handled through a ticket system. Most customer support requests are resolved with 24 hours.

How long does it take for Betway Sportsbook to process withdrawal requests?

Betway makes getting your money a priority. If you requested a withdrawal via a bank transfer or your credit or debit card, it only takes up to three business days. Withdrawal requests with electronic wallets like PayPal only take one day to complete.

Does Betway offer a cash out feature?

Yes, Betway offers a cash-out feature that sports bettors can utilize to lock in winnings while games are still live. Depending on how the game is going, you could walk away with a profit or at least part of your initial bet back.

21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-877-770-7867(CO), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit mdgamblinghelp.org (MD), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).

Chris Lollis

Chris Lollis is a sports betting expert that has covered the industry for more than a decade. Over that time he has covered everything from the repeal of PASPA to the state-by-state legislative changes. Chris serves as the Head of Content at EatWatchBet, and is responsible for tracking latest news and updates from every U.S. sportsbook.

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