Betway have been expanding significantly in the UK sports betting market, sponsors this year include Premier League Darts and West Ham United. They have recently switched from a Bet £30 Get £30 to a £100 Bonus offer. If you are completing Bet X Get Y offers, move on to the next offer and complete this offer when you are completing the 'Multi Bet' offers.
£100 Bonus Summary
Please read the 'Multi Bets Explained' guide before completing this offer!
Make your first deposit up to £100 and Betway will give you a bonus equal to your first deposit amount. This bonus is withdrawable after betting 8 times your bonus, known as the 'wagering requirement'.
This offer is worth up to £68 profit risk free.
- First deposit: Up to £100
- Opt in: Required
- Bonus amount: Equal to your first deposit amount up to £100
- Wagering requirement: 8 x bonus (i.e. £10 bonus requires £80 wagering)
- Wagering minimum odds: 1.75
- Time limit: 90 days
- Profit: Up to £68
- Full Terms: Click here
Choosing Your Bonus Amount
We need to be careful choosing an appropriate bonus amount (which is determined by your first deposit amount on Betway). This is because we need to have sufficient available cash in Betfair to cover the larger number of lay bets.
As explained the Multi Bets Explained guide, you should have 70% of the wagering requirement in your Exchange. We have summarised this in the table below:
||Exchange Balance Required
So if you intend to take the full £100 bonus in Betway, ensure you have £550 in your Exchange.
£68 Profit Risk Free Explained
You will lose up to £32 from wagering £800. Once you have wagered £800, you will be able to withdraw the £100 bonus. This gives a net profit of £68 profit risk free.