Betway Casino - Welcome Bonus Terms and Conditions
We’re always looking for ways to make your gaming experience easier, we’ve listened to you and understand that players don’t enjoy being tied into wagering requirements or locked into obscure terms. Based on this we’ve introduced a Flexi Bonus system.
Flexi Bonus allow you to withdraw your current cash balance at any time, regardless of if there are wagering requirements outstanding for your welcome bonus. It gives you the complete flexibility to walk away whenever you want. All our promotions have clear upfront terms and conditions and full terms are only ever one click away. Below you’ll find our helpful FAQ sections with everything that you could want to know about our bonuses:
Quick Guide to our Welcome Bonuses
100 kr Welcome Bonus Terms
Flexi welcome Bonus - How it works
General Welcome Bonus Terms and Conditions
Easy Guide to Wagering Requirements and Game Contributions
Advantage Play
4 must know facts about our offers:
Quick Guide to our Welcome Bonuses
Customers will always need to opt in to receive a welcome bonus. Welcome Bonuses are awarded after depositing.
1.What is a Flexi Welcome Bonus?
Flexi Welcome Bonus is the name for any welcome bonus credited to your bonus balance. Essentially it gives you the flexibility to forfeit your welcome bonus balance and withdraw your entire cash balance at any time without being tied in by the wagering requirements of the welcome bonus. Welcome bonuses will have wagering requirements attached which must be cleared before the bonus and any winnings associated in your bonus balance are available for withdrawal. Please refer to the "Easy Guide to Wagering Requirements and Game Contributions" section for more information.
All our welcome bonuses will be in the form of Flexi Bonus.
Welcome Bonuses are offers that give a customer a certain amount of extra bonus on top of their deposit. All bonuses credited to your bonus balance will be in the form of a Flexi bonus allowing you to withdraw your cash balance at any time and no longer tying you into wagering requirement.
2.Are there wagering requirements on my welcome bonus?
In order to withdraw these bonuses and any associated winnings you must wager an amount equal to 30x the amount of the welcome bonus awarded. Please always check the terms and conditions of the offer.
3.When can I withdraw?
That’s the best thing about our welcome bonuses, you can withdraw your cash balance at any time! All that happens is you forfeit your current welcome bonus balance at the time of withdrawal. If you don’t want to lose your welcome bonus, simple carry on wagering until you have met the applicable wagering requirements. But remember your cash balance is yours whenever you want it. We will aim to pay your withdrawal as quickly as possible, but withdrawal periods may vary at weekends.
4.Do I have to take a welcome bonus?
Of course not! Every welcome bonus we offer is optional and you will need to ‘opt in’ which means you have to confirm that you want it before we award it. If you change your mind after you have opted in, contact support who will happily remove it for you whether you have started playing or not.
100 kr Welcome Bonus Terms
Betway offers all customers a Casino Welcome Bonus Package. If you opt in, you will get 100% Match Bonus up to 100 kr based on your first deposit of at least 100 kr. As of 2nd July all gambling companies will offer a maximum bonus of 100 kr..
Match Bonus is only applied based on the 1st deposit.
Example:
Make your 1st deposit of 100 kr within your first week and you will receive a 100 kr bonus.
Flexi Welcome Bonus – How it works
Flexi Bonus is the name of our new bonus system that allows you to withdraw your cash balance at any time. It works on a principle we call *Bonus to Cash ratio*(BCR). BCR is the percentage split between your total cash balance and your current welcome bonus balance. When you have an active Flexi Bonus and wager on a game, the amount you wager will come from your cash balance and your welcome bonus balance at your BCR ratio at the time of the wager being placed. Winnings are also allocated back to your cash and bonus balance in the same ratio as they were placed.
We have set out below some examples to explain this, based on a customer who has signed up and deposited 100 SEK and received a 100% welcome match bonus (100 SEK bonus).
Example 1 – Deposit 100 SEK and get 100 SEK welcome bonus
100 SEK Cash Balance and 100 SEK Bonus balance would be a 50%/50% BCR
100 SEK Cash plus 100 SEK Bonus = 200 SEK total balance (50% made up of cash and 50% made up of bonus)
Using example 1 above –
If you wager 100 SEK, 50 SEK will come from your cash balance and 50 SEK from your bonus balance. If you win 50 SEK from this wager, 25 SEK (50% of the win) will go into your cash balance and 25 SEK (50% of the win) will go into your bonus balance. The 25 SEK cash balance is available for you to withdraw but the 25 SEK bonus balance will be subject to wagering requirements.
Example 2 – Currently have 100 SEK cash and 100 SEK bonus balance and deposit 200 SEK cash with no bonus match
300 SEK Cash Balance and 100 SEK Bonus balance would be a 75% / 25% BCR
300 SEK Cash plus 100 SEK Bonus = 400 SEK total balance (75% made up of cash and 25% made up of bonus)
Using example 2 above –
If you wager 100 SEK, 75 SEK will come from your cash balance and 25 SEK from your bonus balance. If you win 200 SEK from this wager, 150 SEK (75% of the win) will go into your cash balance and 50 SEK (25% of the win) will go into your bonus balance. The 375 SEK cash balance is available for you to withdraw but the 125 SEK bonus balance will be subject to wagering requirements.
If you only use bonus as you have no cash balance to wager, your Bonus to Cash ratio (BCR) will be 100%, and therefore all of your wagering and winnings will be debited/ credited from/to your bonus balance.
What happens when I complete wagering on a bonus? - When you complete the full wagering on the bonus, your entire bonus balance will be transferred to your Cash balance and become available for you to withdraw.
Remember: bonuses still have wagering requirements dependent on the type of bonuses they are. At the time of any associated wagering on your bonus account being completed the entire bonus balance will be transferred to the cash balance.
General Welcome Bonus Terms and Conditions
Easy Guide to Wagering Requirements and Game Contributions
The Welcome bonus had a requirement of 30x wagering of the bonus value to be converted to cash as following:
Welcome Offer (100 SEK welcome bonus)
i.e – If your first deposit is 100 SEK you’ll get a 100 SEK bonus and would need to wager 3 000 SEK on slots to clear the wagering requirements – remember other games can contribute at different levels so we’ve added an easy to view table below:
Contribution % |
If you wagered 100 SEK what would it contribute |
Games |
100% |
100 SEK |
Slots and Parlor Games |
8% |
8 SEK |
All Table Pokers, all Roulettes, all Video/Power Pokers (except All Aces and Jacks or Better Video/Power Pokers), all Blackjacks (except Classic Blackjack), Casino War and Live Money Wheel (Dream Catcher). |
0% |
0 SEK |
(excluded games) – Classic Blackjack, All Aces Video/Power Pokers, Jacks or Better Video/Power Pokers, all Baccarats, all Craps, Red Dog and Sic Bo |
0% |
0 SEK |
All Sports Bets |
As above don’t forget that some games can contribute at different levels so we’ve added an easy to view table below:
Contribution % |
If you wagered 100 SEK what would it contribute |
Games |
100% |
100 SEK |
Slots and Parlor Games |
50% |
50 SEK |
All Table Pokers, Red Dog, all Roulettes (excluding American Roulette), Casino War, Sic Bo and Live Money Wheel (Dream Catcher) |
10% |
10 SEK |
all Video/Power Pokers (except All Aces Video/Power Pokers), all Blackjacks (except all Classic Blackjacks), all Craps and all Baccarats |
2% |
2 SEK |
all Classic Blackjacks and All Aces Video/Power Pokers |
300% |
300 SEK |
all Sports bets at odds of 1.75 or above |
100% |
100 SEK |
all Sports bets at odds between 1.3 and 1.74 |
0% |
0 SEK |
all Sports bets at odds of 1.29 or below |
Advantage Play
We offer our valued customers promotions and offers to reward them. To enable us to continue offering these promotions, we have a zero-tolerance policy on activity which is designed to take advantage of our offers in violation of these terms. If any advantage play occurs, we reserve the right to stop any further promotions and/or offers and remove the welcome bonus balance from these and/or linked accounts.
Please also refer to Section 6 and 7 of the General Terms and Conditions.
Examples of advantage play include:
Betway considers all the above Terms to be fair. Should you require any clarification or advice regarding these Terms, please contact Customer Support.
Last updated: 01/07/2020 at 08:30 CEST.