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Betway Online Sportsbook Odds Boosts, Promos, And Risk-Free Bets
The first thing you’ll want to do at Betway is check out their promotions. As one of the world’s leaders in online sports betting, it’s not a coincidence that Betway offers some of the most competitive and consistent promotions out there. Of course, this starts with their welcome offer, which is available to all new players.
Our team of experts at BonusMonitor reviewed all of Betway’s promotions and compared them with the rest of the online sportsbooks in the USA: We’ve found that Betway is par for the course–while they don’t come out on top, it’s hard to mark them down in terms of the variety of their promotions and the consistency with which they offer them. Simply put, Betway matches up.
What we liked most about Betway’s online sportsbook promotions is the Cash Out feature. Basically, this is a popular option where players are able to cash out their bets to receive a payout before the game or event is over. This provides bettors with plenty of flexibility. Read more below for the complete details on the Betway Cash out promotions.
The bottom line: There is a diverse selection of Betway promotions, with multiple sports offered, so it won’t be hard to find the one that’s right for you.
Here are a few examples of Betway promos that were up and running when we wrote this review:
Betway Parlay Boosters
For select NHL and Soccer games, Betway Sportsbook will give players the chance to win a significant percentage more with their parlay bets.
Betway NHL Parlay Booster
To claim the NHL promo, bettors must place a live bet within the minimum odds requirement of -500 on any NHL game, all-season. Bets Available: Moneyline, Win/Draw/Win, Puck Line (similar to a point spread) and totals markets. On a 3-5 leg bet, winners can receive a 5% boost; on a 6-9 leg bet, winners can receive a 10% boost; on a 10-20 leg bet, winners can receive a 15% boost.
Betway Soccer Parlay Booster
To claim the Soccer promo, bettors must place a live bet within the minimum odds requirement of -500 on any Soccer game, from Jan. 24-June 30. Bets Available on betting wins/losses or draws. Winners can boost their profits to anywhere from 5% to 40% depending on the number of legs played!
Same-Game Parlays
Sometimes, a Same-Game Parlay may be available. Look for these qualifying games at Betway where you them noted next to the event listing.
In a Same Game Parlay, players can create multiple parlay legs within a single game. For example, a bettor can place a three-leg parlay in NBA Finals game: The winner of the game, the point total going over 205 and a prop bet of a player scoring more than six three-pointers.
Betway started with these same-game parlay promotions in Europe and continued them at USA online sportsbooks with great fanfare.
Cash Out
One of Betway’s most popular promotions is a betting features is the Cash Out, which allows players to close their bets before a game ends and also receive a payout before its over.
This is a type of dynamic-odds betting feature that offers players a certain kind of flexibility in finding their desired outcome. For example, if a player has placed a bet on the Patriots and they fall behind early in their game, the bettor can decide to use the Borgata Early Cash Out feature.
By doing this, the bettor would make a lower payout–losing less than the money they had originally staked–but, of course, this eliminates the possibility that the Bulls would come back and win the game, and, ultimately, the bet.
Essentially, is a real-time bet settlement feature. It allows players to choose to take your winnings or cut your losses, prior to the end of the event. Keep in mind: How much money you can cash out depends on the initial wager you make.
Betway Online Sportsbook Overview
It’s a safe bet you’ve heard of Betway: This sports betting giant debuted in Europe in 2006, quickly became one of the biggest online sports books in Europe, and recently expanded into the USA market with plenty of rave reviews.
Currently, Betway Online Sportsbook is available in six states, with retail sportsbook, online sportsbook and mobile betting allowed depending on the state. As more USA states legalize sports betting, it’s an easy bet that Betway Online Sportsbook will be expanding more in the near future, especially given its track record of success in the European market.
Betway is powered by casino supplier Digital Gaming Corporation and runs on the SBTech sports betting platform. You’re in good hands with Digital Gaming and SBTech–they operate in 10 USA states and are also responsible for industry leaders like DraftKings.
Here at BonusMonitor, our team of experts is committed to giving you a complete review of the Betway Online Sportsbook online sportsbook, so you know all the details: From bonuses to availability to odds and lines, we leave no stone unturned in our comprehensive reviews.
Most importantly, we know you want to be safe and secure when playing at a USA online casino and Betway Online Sportsbook is one of the most respected names in gambling. They are regulated and licensed in all of the states they operate so you will feel comfortable betting on their games.
Betway Sportsbook Bet Types
While many other sportsbooks have been borne from online casino, Betway is tried and true as a sports book–this is to say it’s the backbone of their company. It’s hard to find a bet that isn’t offered at Betway Online Sportsbook. Generally speaking, Betway has the bets you heed.
While you won’t find a big difference in the bets, lines and odds offered at Betway versus the competition in DraftKings and FanDuel, you will sometimes find earlier odds, which is good if you’re looking for early value. Overall, both beginning and experienced sports bettors will have plenty to choose from at Betway Online Sportsbook.
Here’s a breakdown of the available bet types and how they work:
The moneyline bet is the most simple bet there is for sports betting at Betway Online Sportsbook: It’s easy, just pick which team you think will win the game.
The odds for each game will be determined by each sportsbook. Unlike point spread bets, which we’ll get to in a second, there are no points involved in moneyline bets. If the team you picked wins that game, then you’ll receive winnings based on the odds.
Keep in mind that odds change so the moneyline bet is based on the odds at the time you place the bet.
When looking at moneyline bets, make sure you know the difference between favorites and underdogs: Favorites will be indicated by a negative number (-150, for example) and underdogs will be indicated by a positive number (+150, for example).
You can easily determine how much you’ll win by looking at these numbers: If you place a $100 bet on a -150 favorite, you’ll win $85, in addition to receiving your wager amount back. If you place a $100 bet on a +150 underdog, you’ll win $150, in addition to receiving your wager amount back.

Here’s where your sports bets get wild: With parlay bets.
Parlay bets are a group of at least two bets that are tied together to multiply odds and greatly increase the overall payout of bets. Winning parlay bets is also more difficult, because bettors need to win every leg of the parlay bet for it to cash out. So, for example, if you have a six-team parlay and win five of those bets, you’re still out of luck: You need to win every one.
Parlay bets are the true home run swing of sports betting at Betway Online Sportsbook. With parlay bets, the odds are multiplied together to provide a massive payout, in the case of a winner. For example, if you bet a $100 three-team parlay of moneyline bets, (two favorites at -150 and one underdog at +200), then that $100 would result in a $733 win.
While parlay bets provide the best opportunity for players to win big, it’s best to get familiar with sports betting first, because a lot needs to go right–and a lot can go wrong–to end up ruining a player’s parlay!
Basically, with parlay bets, you can add several selections to your bet slip for a bigger payout. All individual odds are multiplied, resulting in a much higher win than if you would bet on each match separately. To win a parlay bet, each wager in your bet slip must win.
An interesting spin on sports betting is over/under bets. These are also known as totals. Here, you’ll bet on whether the combined score of both teams is higher or lower than Betway Online Sportsbook’s line.
These bets are simple: Wager on a single game’s point total. Online sportsbooks will place over/under numbers for each game. Decide if you think that game’s final score–combined, between both teams–will go over or under the total.
The biggest difference in totals bets is that you’re not betting on a particular team to win. Also, many online sportsbooks include halftime totals, which is the same thing, except the total points scored by both teams in either the first half or second half.
Halftime points totals can be a big boon for players who are in-tune with how certain teams play. And if you’re watching the first half of a game and see how the play is going, it might be the right bet to make for the second half.
Prop bets have become very popular over the years, mostly developing from the many bets available each Super Bowl Sunday. While there aren’t quite as many prop bets for regular games, there are a lot of creative bets that you can place if you want to deviate from the normal bets offered.
Prop bets can be the perfect betting complement to those who usually wager on game outcomes. The majority of these bets revolve around certain statistics. It’s good to know exactly what types of bets are offered at USA online sportsbooks.
Here’s a breakdown:
Basically, prop betting is on player stats and other events that may occur during a game. Also keep in mind that many states don’t allow prop bets on college sports.

By now, the futures market has been hot for quite some time. Futures are bets that won’t be settled in the near future. For example, the NBA Finals or Stanley Cup in hockey. Oftentimes, online sportsbooks begin accepting bets far away, even months before the season starts.
The opening lines for these teams may provide an opportunity to get great value on a team you feel is flying under the radar. Keep in mind that the odds for these bets will adjust frequently–so it may behoove bettors to look for buy low opportunities which will cash out the most money in the future.

The point spread bet is perhaps the most popular bet out there: It’s a single-game wager on a team to win or lose by a certain number of points.
Like moneyline bet odds, these point spreads will be determined by each online sportsbook and likely will vary, so make sure you find the best point spreads for your bet.
Point spread bets are most popular in football but they work very similarly in sports like basketball: By taking the favorite (Chiefs -14.5, for example), you’re betting that Kansas City wins their game by more than 14.5 points. By taking an underdog (Detroit +5, for example), you’re betting that the Lions will win or lose by less than 5 points.
Generally speaking, the odds on point spread bets are -110, because the point spread equalizes the field quite a bit.

Betway Sportsbook Betting States – Where Is It Legit And Legal?
While Betway Online Sportsbook has established itself as one of the biggest online sportsbooks in Europe, it’s slowly but surely gaining its footing in the USA: Currently, Betway operates in six states, with multiple likely on the way in the near future.
Because of its reputable name, our team of experts believes they will be one of the fastest-rising online sportsbooks in the USA by the end of 2022.
Betway Sportsbook currently accepts players from these states, according to its website:
Betway Online Sportsbook USA Bonus and Promo Codes
There is no bonus code necessary to receive the Betway welcome offer. By joining Betway, you’ll receive a risk-free bet up to $250. Basically, if your first bet is a loser, then Betway Online Sportsbook will refund the wager.
To qualify for the risk-free bet, players must make a minimum deposit of $10.
States available: Arizona, Colorado, Indiana, Iowa, New Jersey, Pennsylvania.
Up And Coming Licensing News For Betway Sportsbook
Like many other online sportsbooks in the USA, Betway Online Sportsbook is planning to expand across the country. Here, our team of experts provides updates on where they’ll go next and when:
Last updated: 27/03/22
Virginia
Virginia will be the next state to open a Betway Online Sportsbook on mobile.
Though there isn’t an official launch date, Betway Online Sportsbook was licensed in late 2021 and expects to open a mobile sportsbook sometime in 2022.
Editor’s Verdict
While Betway Online Sportsbook has established itself as one of the biggest online sportsbooks in Europe, it’s slowly but surely gaining its footing in the USA and has provided a premium product so far. As one of the world’s leaders in online sports betting, it’s not a coincidence that Betway offers some of the most competitive and consistent promotions out there. Betway exceeds expectations in live betting, their mobile app is improving and they have as many payment methods as the industry leaders. Overall, you can be confident in playing at Betway!
FAQ
Yes, absolutely. Betway Sportsbook is one of the world’s largest gaming, betting and entertainment providers.
Also, Betway Online Sportsbook is regulated by the gaming commission in each state it operates in. They currently operate in 6 states, all licensed and regulated so you are safe and secure.
You can make payments using credit and debit cards like Visa, Discover and Mastercard.
Other options available at Betway Sportsbook are electronic wallets like Play+, PayNearMe, PayPal and Venmo. Lastly, you can make direct ACH bank transfers.
Yes, Betway Online Sportsbook’s odds are on par with other prominent USA online sportsbooks like DraftKings, FOXBet and PointsBet. In fact, often times, Betway Online Sportsbook releases their odds early so you can see if there’s value in an early line.
You can bet on all major US sports and leagues such as the NFL, NBA, MLB, NHL, UFC and college sports.
Betway Sportsbook also offers many betting markets on international sporting events in popular sports like golf, soccer, tennis and hockey.
Yes, there is a Betway Sportsbook app for both Android and iOS devices and it is one of the best in the industry. You can get the app on the Betway Online Sportsbook website or App Store.
Basically, any kind of bet you could think of. You can place moneylines, spreads, totals, futures and various prop bets on any major sport, national or international. Betway Online Sportsbook has it all.


