Betway sign up offer: Bet £10, get a £40 welcome bonus

Betway are one of the most well-known betting sites in the UK and they are currently offering new customers £40 in free bets.We have taken a closer look at the Betway sign up offer and the bookmaker as a whole, examining the firm’s strengths and weaknesses to help bettors decide if they need to add Betway to their stable of online bookmakers.Betway welcome offer explainedThe Betway new customer offer is a bet £10, get £40 in free bets promotion, making it one of the larger sign up offers currently available at any UK online bookmaker.To qualify, an initial wager of £10 or more must be placed on a qualifying sports bet at minimum odds of 2.0 (evens), while each-way bets must have odds of 3.0 (2/1) or greater. Bets settled at the starting price (SP) or placed on in-play market do not qualify, and nor do wagers on virtual sports and eSoccer. Read MoreOnce the qualifying bet has been settled, Betway will credit your account with four free bet tokens worth £40 in total, split into 2 x £10 bet builder tokens and 2 x £10 acca tokens. No Betway promo code is required. Free bet tokens are valid for seven days from the date they are credited and the free bet stakes aren’t returned with any potential winnings.How to claim the Betway sign up offerStep 1: Use one of the links on this page and click join. Step 2: Select the sign up offer you want from the menu and complete the registration form.Step 3: Deposit at least £10 using a debit card within 7 days of registering. All other payment methods are excluded.Step 4: Place a qualifying bet of £10 or more at odds of evens or greater.Step 5: Wait for the qualifying bet to settle. Once it does, the four free bet tokens are automatically credited. Step 6: Use the tokens within 7 days before they expire. Key termsOffer available to UK customers only. The sign-up offer must be selected at registration. Debit card deposits only. Qualifying bet: £10+ at min odds 2.0 (single) or 3.0 (each-way); Starting Price (SP), in-play, virtual and eSoccer bets do not qualify. Free bet tokens: two £10 bet builder tokens, two £10 acca tokens; all at min odds 4.0 with 4+ legs; credited on settlement of the qualifying bet. All free bet tokens expire 7 days from the date they are credited; free bet stake is not returned with winnings. Free bet tokens are restricted to bet builders and accumulators of 4 or more legs at minimum odds of 4.0 - there is no single-bet token. Only one set of tokens is permitted per person, household, family, address, email address, bank card number or shared computer environment. How the Betway offer compares to other bookmakersBookmakerWelcome offerKey restrictionsBetwayBet £10, get £40 in free bets (4 tokens)Debit card only; min odds 4.0 on 4+ leg bet builders and accas; 7-day expiryBet365Bet £10, get £30 in free betsMin odds 1/5; no PayPal or paysafecard; max £30Paddy PowerBet £10, get £5 in free betsMinimum odds £5, free bet valid for 30 daysWilliam HillBet £10, get £30 (3x£10 free bets)Min odds 1/2; debit card only; no e-walletsLadbrokesBet £5+, get 6x£5 free bets (£30)Min odds 1/2; free bets valid 7 days; no Neteller, PayPal, Paysafe or SkrillBetfredBet £10, get £50 in free betsDebit card only; credited within 10 hours; 7-day expiryPros and cons of the Betway welcome offerNo promo code requiredStraightforward qualifying processTokens split across bet builders and accas, giving some variety in how the free bets can be used. Debit card only for qualifying depositHigh minimum odds on free bets. No single-bet option - all four tokens are restricted to multi-leg bet types. Betway reviewPromotions for existing customersBetway have a strong collection of offers, with a particular focus on football and horse racing. Price boosts are available across a wide range of sports, including enhanced Premier League odds, alongside the usual betting tools like early payouts and cash-out. Below are the offers unique to Betway.Fixture Frenzy is a free-to-play game that bettors won’t find on other football betting sites and involves customers logging in every day between Monday and Friday at 12pm to reveal a fixture. If the revealed fixture finishes with over 2.5 goals and over 8.5 corners, punters earn a free bet, with a maximum haul of £25 in free bets available each week.For those who like a flutter on the horses, 4 To Win is a free-to-play racing predictor where players pick the winners of four selected races each day for a share of a £1,000 daily jackpot. The jackpot rises to £10,000-plus for Saturday ITV meetings.On top of that, Betway runs a daily accumulator offer bettors won’t find on other horse racing betting sites. Punters who place £20 or more on racing accumulators featuring four or more selections to earn a £5 free bet every day.Similarly, the greyhounds bet bundle sees punters who place five bets of £20 or more - £100 in total - on greyhound racing across the week receive a £10 free bet, which is usable on any sport.Outside of football and horse racing, Betway has strong tennis coverage. In-play tennis insurance means that punters who stake £10 or more on tennis in-play between Monday and Sunday are entitled to 10 per cent back on net losses.Finally, there is the free bets club, which rewards customers who wager £25 or more on sporting trebles or bigger within a week with 2 x £5 free bet tokens.The Betway appPunters can download the Betway app on both iOS and Android devices, while Betway offer a mobile version of their desktop website.On the Apple App Store, the Betway app holds a 4.8 out of 5 rating and scores a 4.6 on Android across a combined 21,900 reviews and over 1 million downloads for both betting apps.Via the Betway app, punters can take advantage of cash out, live streaming, the bet builder tool, and receive push notifications on bets.It should be mentioned that some recent user reviews flag app performance issues such as slow loading or logouts during busy periods, but overall reviews are positive.Payment methodsBanking methodMinimum depositMinimum withdrawalInstant payout optionDebit card£5£5NoPay by bank£5£5YesTrustly£5£5YesPayPal£20£5YesCustomers can use debit cards, pay by bank, Trustly, and PayPal to make deposits and withdrawals with Betway.Betway itself ranks pay by bank as its fastest withdrawal method.Although the site supports other payment methods for deposits and withdrawals, the Betway sign up offer only accepts debit card deposits. Any other payment method used will not qualify for the welcome offer.Live streamingPunters who place bets on certain events with Betway can take advantage of the operator’s live streaming. On the in-play section of the Betway page, any events with a green play arrow next to it can be live streamed on both desktop and mobile.Compared to rivals, the pool of events available to live stream is smaller on Betway, but it does include horse racing, greyhounds, darts, table tennis and various eSports.Live streams sit on the same screen as the betting markets, so punters can watch and bet on an event at the same time.Generally, punters have to place a bet on an event to access live streaming, although access rules mean that simply having a funded account may allow you to live stream an event with Betway. Make sure to check the current access rules on Betway’s website.Responsible gambling at BetwayIn line with UK Gambling Commission standards, Betway provides multiple responsible gambling tools, such as deposit limits, calculated via the net of withdrawals. Deposit limit decreases are applied instantly, whilst increases take effect after a 24-hour cooling-off period.If needed, users can self-exclude for 1, 3, or 6 months, blocking access across all Betway platforms, including their UK online casino.There’s also session time reminders, loss limits, time-outs (between 24 hours to 6 weeks), and GAMSTOP registration for multi-operator self-exclusion.Gambling should always be viewed as a form of entertainment and not a source of income. Never bet more than you can afford and keep track of losses - chasing losses can lead to emotionally-charged beats, which in turn increase the likelihood of losing.Read MoreFAQsDo you need a promo code for the Betway sign up offer?No promo code is required, but new customers must select the offer during the registration process. If this is done, the offer applies automatically.Is there a no deposit bonus with the Betway sign up offer?A minimum £10 debit card deposit and a qualifying bet of the same amount are required - there is no no-deposit version of this offer.What do you need to register with Betway?To register for a Betway account, you must be a UK resident aged 18 or over. Then standard registration details are required, including name, address, date of birth and payment details. Sometimes further verification such as an ID check may be required.We aim to offer every online gambler and reader of The Standard a safe and fair platform through unbiased reviews and offers from the UK's best online gambling companies.Gambling can be addictive, always play responsibly and only bet what you can afford to lose. Gambling sites have a number of tools to assist you to stay in control, including deposit limits and time outs. If you think you have a problem, advice and support is available for you now from BeGambleAware or Gamcare.Any offers or odds listed in this article are correct at the time of publication but are subject to change. Terms & Conditions apply to all offers.