| Updated: April 2, 2019Betway has been in operation since 2005, presenting players with a healthy choice of more than 400 online casino games, powered by no other than the pioneers at Microgaming. Software supplier iSoftBet has also contributed to the gaming selection with several of its creations. Betway players can have plenty of fun spinning the reels of iconic slots like Immortal Romance, Thunderstruck, and Game of Thrones or shoot for the humongous progressive jackpots on Mega Moolah and Major Millions.
The website is SSL-encrypted and has acquired a certification for random and fair results by the accredited auditors at eCOGRA. It has licenses from the regulators of Malta and the United Kingdom and supports payments in several currencies, including the GBP.
Apart from security and huge gaming diversity, Betway has other perks to offer to its players, starting with a great welcome package of up to £1,000 in bonuses to use in its live-dealer casino, powered by Evolution Gaming. We break down all the important bonus conditions below.
Full Bonus Terms and Conditions
Betway offers new recruits to its live casino an attractive offer that is difficult to refuse. New customers who register through the live casino and abide by several requirements can pocket a total of £1,000 in bonus funds on their first three deposits. To become eligible, players must sign up and conduct a first-time deposit via a credit/debit card or PayPal. The minimum deposit required is £20.
Those who meet these conditions will have their first deposits matched at 100% with up to £250 in bonus money. Second deposits of £20 or more earn new players a 25% bonus of up to £250 while those who deposit for the third time are granted a larger chunk of 50% up to £500 in free monies.
Players who opt in for the live-casino welcome package in the process of registering automatically become eligible for all three bonuses on their first three deposits. The bonuses cannot be combined, though. If you opt in for the welcome bonus for the live casino, claiming the welcome bonus for the virtual casino will not be an option. Also, you cannot skip directly to the second deposit bonus of 25% up to £250. First, you need to opt in for the first-deposit bonus, meet its wagering requirements and then claim the second bonus.
Betway gives its players the flexibility to forfeit their bonuses and cash out their entire real-money balance whenever they like without being forced to clear the wagering requirements associated with the bonus. Of course, sending a withdrawal request before meeting one’s playthrough will lead to the confiscation of the bonus funds and some of the winnings generated through them.
Those who insist on cashing out their welcome bonus along with its related winnings must abide by wagering requirements of 50x the bonus amount. This is a bit higher than the average playthrough most online casinos require but is still manageable.
It is essential for players to consider the games’ contribution percentage when clearing the wagering requirements of their live-casino bonuses. Slots would be the fastest way to play through your bonus and release it from your bonus balance as their contribution at Betway is 100% meaning that every £100 you spend on slots would remove exactly the same amount from the wagering requirements. The same goes for parlour games like virtual bingo, keno, scratch cards, and other similar games of chance from Betway’s library.
Sadly, the contribution of table games like casino poker, roulette, and blackjack suffers a dramatic decline to 8% which significantly increases the wagering requirements you have to meet. Every £100 you stake on these games will clear only £8 of your wagering, so in practice, your playthrough in this instance jumps to 625x (100/8 x 50). Games like Classic Blackjack, Jacks or Better, baccarat, and craps have no contribution towards the bonuses’ wagering.
Betway splits the wagering percentage for this welcome bonus evenly (at 50%) between your bonus balance and real-money balance. Just to give you an idea of what we mean, assume you have deposited £50 for the first time and have received another £50 as a bonus for a total of £100.
Provided that you make a bet of £10, £5 of this amount will be deducted from your bonus balance while the remaining £5 will come from your real-money balance. Given that your bet is successful and you win £30, for example, £15 of these profits will be added to your real-money balance and the other half of £15 will go towards your bonus balance.
You will now have a total of £65 in your real-money balance and can choose to withdraw this amount. However, the £65 in your bonus balance will be available for withdrawal only after you clear the 50x playthrough meaning that you must wager a total of £3,250 before it is released.
Another thing to keep in mind has to do with advantage play, which apparently is prohibited in Betway’s live casino. For instance, you cannot switch from a game with low weighting to a game with higher contribution after you have scored a huge win. Registering multiple accounts to receive the welcome bonuses two, three or more times is in violation with the operator’s terms and conditions.
The bonus is valid for 7 days after claiming it. It cannot be obtained by underage registrants and players with domicile in restricted jurisdictions like Russia, Australia, Mexico, South Africa, Portugal, Hungary, Turkey, Greece, the USA, the Philippines, and France. Customers residing in the UK must verify their age within 3 days after registration. Otherwise, Betway will freeze their accounts until their age is successfully confirmed.
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