Betway is a multinational gambling company whose online sportsbook carries multiple operating licenses that allow it to accept players from many parts of the planet. Players from the UK, Germany, Norway, and many other countries are welcome to sign up to Betway Sportsbook.
After registering an account, the players will get a welcome present from the sportsbook. It comes in the form of a FREE BET worth £30 in the UK (or its equivalent in another currency, e.g., 1000 NOK bonus in Norway). Note: Some countries might offer more or less.
Betway Sign-Up Offer – Bet £30 Get £30 Free Bet
By signing up to Betway Sportsbook, you become eligible for the welcome bonus of up to £30. To grab this deal, you will have to make a deposit of at least £10.
However, getting the Betway FREE BET does not mean you can withdraw it straight away. Instead, you need to fulfill certain conditions in order to turn the bonus into real money.
Betway Sign-Up Bonus T&C
- Minimum deposit: £10
- Maximum bonus: £30
- Wagering requirement: 1x
- Minimum odds: 1.75
- Time limit: 7 days
When you receive the FREE BET, you will have two options before you. The first one is to follow your gut-feeling and place the bet on a random event. Your second option is to use Matched Betting to ensure you’re going to make a £20-£30 profit no matter what. If the latter is your choice, you ought to keep reading!
Doing Matched Betting on the Betway Sign-Up Bonus
Before starting your Matched Betting adventure, it’s always smart to learn as much you can about it. Start with the ultimate matched betting guide.
If you already have basic knowledge on Matched Betting, here’s what you have to do to unlock the profit of your Betway bonus:
Step 1 – Sign up to Betway Sportsbook and deposit £30.
Step 2 – Use an oddsmatcher to find a good Matched Betting opportunity for your QUALIFYING BET with the odds of at least 1.75, but not over 2.50 in order to keep your liability low.
Step 3 – Place those £30 at Betway as a QUALIFYING BACK bet, while LAYING it at Betfair Exchange at the stake your calculator gives you.
Step 4 – Once you’re done with your QUALIFYING BET, it’s time to do the same using the £30 FREE BET. You should aim for slightly higher odds this time (as much as 6.00) to ensure you will earn as much as possible.
Step 5 – When the event is settled, you should have at least £20 more in your account.
You can spend your £20+ profit on whatever you want. Still, our advice would be to invest that money into your next Matched Betting opportunity — there are dozens of other welcome offers like this waiting for you.