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Betway Welcome Bonus | Get Your First Deposit Matched Up to R1000 to Bet on Sports

Out with the old and in the with the new. Betway South Africa has revamped their welcome offer for new customers and there's a lot more for customers to get excited about! 

R25 was a nice handshake to welcome you to the site as a new customer, but R1000 is a whole lot better. With the new Betway Deposit Bonus, there's so much more to gain now as a punter!

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This offer is available to all new customers who open a Betway South Africa account from 7 March 2022.

Keep reading to learn about how the Betway Welcome Bonus works and how to claim this deposit offer when you first join South Africa's fast-growing betting site!

What is the Betway Welcome Bonus?

As a new customer, Betway wants nothing more than you to get your online account started with a bang! What better way to do this than to give you a Free Bet when making your first deposit.

The Betway Welcome Bonus is equal to 100% of your First Deposit up to a maximum of R1 000.

For example, if you choose to deposit R100, your bonus will be R100 and so on. However, if you deposit more than R1000, your bonus will still be R1 000 as this is the maximum Free Bet you can claim. 

NB: Only your First Deposit qualifies for the Betway Welcome Bonus so make sure you deposit as much as you can afford to make the most of it

Once you have unlocked this offer (details below) you will have a Free Bet to use on sports like soccer and lots more!

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How to get your Betway Welcome Bonus

To get your Betway Welcome Bonus, your first step is to register for an account online. Once you've signed up with Betway (read how), then follow these steps to get your bonus for betting on sports.

1️⃣ Log in to your Betway South Africa account.

2️⃣ Make your first deposit. The more you deposit, the bigger your bonus will be (up to a maximum of R1000).

3️⃣ Browse the menu for the sport you want to be on (e.g. EPL soccer).

4️⃣ To unlock your Betway Welcome Bonus, place sports bets equal to 3x your First Deposit amount on odds of 2/1 (3.00) or higher.

For example, if you choose to deposit R100, you must place bets to the value of R300 (R100 x 3) at odds of 3.00 or higher to unlock your R100 Free Bet. 

5️⃣ Once you meet the wagering requirements, your Free Bet will be credited to your Betway account. You have 30 days from registration to complete wagering or the free bet will be removed from your account.

How much can I win?

No matter the size of your stake or the odds you take, the maximum return on any Free Bet is R5 000.

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Betway Welcome Bonus Terms and Conditions

➡️ These terms and conditions govern your participation in "The Betway Sports Welcome Offer" offered by Betway. If you do not agree with these terms and conditions, you are not permitted to participate in this promotion.

➡️ The Betway Sports Welcome Offer gives customers a 100% first deposit match up to R1,000 credited as a Free Bet.

➡️ In order to participate, the customer must be over the age of 18.

➡️ The offer is only valid for new Betway customers.

➡️ The Sports Welcome Offer can only be claimed once per new customer.

➡️ The customer must pass FICA verification through Betway’s automatic verification tool at the time of registration. Should the automatic verification fail, Betway will request FICA documents and only once the customer’s FICA documentation has been verified will the Welcome Offer be awarded to the customer.

➡️ In order to qualify for the Betway Sports Welcome Offer, new customers must make a deposit and place bets equal to 3x (three times) the value of their first deposit at odds of 2/1 (3.0) or more.

➡️ For example: A new customer registers a new account and deposits R100. The customer then places bets to the value of R300 (3x the initial deposit of R100) at odds of 3.0 or greater. Once complete, the customer receives a R100 Free Bet

➡️ The Sports Welcome Offer Free Bet will only be awarded once the qualification criteria has been met.

➡️ Customers have 30 days from first registration to meet the minimum qualification criteria.

➡️ The Sports Welcome Offer Free Bet will be capped at R1,000.

➡️ Qualification of the Sports Welcome Offer is entirely at the discretion of Betway.

➡️ Standard terms and conditions apply.

➡️ The Sports Welcome Bonus doesn’t have any hidden requirements. Customers who place bets using their Sports Welcome Bonus will receive any and all winnings (minus the initial stake) and that amount will reflect in their cash balance – ready for another bet or to be withdrawn upon meeting withdrawal requirements.

➡️ These terms and conditions govern your participation in any "Free Bet" or “Welcome Offer” promotions offered by Betway. If you do not agree with these terms and conditions, you are not permitted to participate in such promotions and you should not accept any Free Bet offered by us.

➡️ All Free Bets can only be used to place wagers on sports events, and cannot be transferred, substituted or exchanged. Any available Free Bet balance cannot be withdrawn.

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➡️ Betway's general Terms and Conditions shall apply to all interactions with Betway, and must be read in conjunction with all other terms and conditions relating to promotions. In the event of a conflict between these Free Bet Terms and Conditions and Betway's general Terms and Conditions, Betway's general Terms and Conditions shall prevail.

➡️ A Free Bet is available for a maximum of 180 days from the date that the Free Bet was credited to your Betway Account. If not used, your Free Bet will automatically expire after 180 days and will be removed from your Betway Account (unless specified otherwise in specific promotional terms).

➡️ Any Free Bet balance must be used in its entirety as a single bet. This single bet can include single selections or multiple selections in one bet.

➡️ Should the Free Bet be placed on a selection that is later voided, the original Free Bet wagered amount will be returned to your Betway Account.

➡️ The Free Bet is non-refundable and the Free Bet wagered amount is not included in any winnings. Only the winnings will be paid to your Betway Account.

➡️ For example: If you place a winning bet using your Free Bet of R100, with odds of 2.0, the potential return would be R300 (R200 winnings plus your R100 stake returned), however since the R100 stake wagered is a Free Bet credited to your Betway Account, only the winnings of R200 will be added to your Betway Account.

➡️ The maximum return on any Free Bet is R5,000.00.

➡️ If you make a withdrawal, any Free Bet balance you have available will be forfeited.

➡️ Before any withdrawals are processed, your play will be reviewed for any irregular playing patterns. Using a combination of bets which include both the Free Bet and Cash on the same event to place equal, zero or low margin or hedge bets, shall all be considered irregular gaming for Free Bet requirement purposes. In the interests of fair gaming, should Betway deem that irregular game play has occurred, we reserve the right to withhold any withdrawals and/or confiscate all winnings.

➡️ Every Betway customer participating in the promotion shall be deemed to have acknowledged and accepted the rules by virtue of their participation.

➡️ Suspicious and/or fraudulent activity will be reported to the Financial Intelligence Centre for criminal investigation/s to proceed.

➡️ Your total account balance consists of a Cash balance and a Free Bet balance. Withdrawals cannot be made from the Free Bet balance, but the Free Bet balance can be used to place wagers.

➡️ This offer is only available to accounts opened after 7 March 2022.

➡️ Players who registered prior to 7 March 2022 will be bound to the preceding Sports Welcome Offer terms and conditions.

➡️ Betway reserves the right to cancel this promotion at any time and without cause or notice.

➡️ Betway reserves the right to change any of its terms and conditions at any time and without cause or notice.

Definitions

➡️ Betway Account: This is the account that you registered with Betway. This account will consist of both your Cash balance and your Free Bet balance.

➡️ Free Bet: Betway runs various promotions which may offer "Free Bets." Any Free Bet that you qualify for will be added to your Free Bet balance, and can be used to place wagers.

➡️ Cash: This balance is the cash in your Betway Account, and can be used to place wagers.

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For more about online sports betting, casino games and lotteries in South Africa, visit the Betting Guide homepage to find bookmaker reviews, promotions, betting tips and more.

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