Betway Sportsbook NJ Promo for $250 Bonus Bet

Betway Sportsbook NJ Promo for $250 Bonus Bet

Betway is a global betting brand that is now live in New Jersey with a great sign-up bonus now available for new users. Start by registering a new Betway NJ Sportsbook account here. Then, make a deposit and place your first bet. If that bet loses, you’ll get half your money back (as bonus bet) for up to $250. You don’t even need to worry about entering a Betway New Jersey promo code either.

Betway has operated an online gaming site since 2006, and the company is well established and experienced in sports betting. The group has premises in Malta and Guernsey and support offices in London, Cape Town and the Isle of Man. In addition to launching in NJ, Betway has online sportsbook up and running in Colorado, Pennsylvania, Indiana and Iowa.

Betway is licensed and operated by the United Kingdom Gambling Commission (UKGC) and Malta Gaming Authority. Both of these regulatory bodies are trusted. Betway has displayed compliance with the standards of fair gaming.

In this review, we provide an overview of Betway Sportsbook and what New Jersey sports bettors can expect from this European brand that is working on a US presence.

Why choose Betway Sportsbook New Jersey?
  • Bonus bet welcome offer of up to $250 if first bet loses
  • Tons of great betting markets available
  • Promotions available for existing players
  • Loyalty program rewards you for all the bets you make
Betway NJ Sportsbook Ratings
  • Sign-Up Bonus:
  • Android and iOS App:
  • Betting Markets:
  • Overall:

Betway NJ Sportsbook promo code in May 2023

If you create a new account with Betway Sportsbook NJ, the first wager you place will be insured up to $250. Just register, make a deposit of $10 or more and place your first bet.

Betway Promo Code Click to claim promo
Bonus Bet (if first bet loses) Up to $250
Last Updated May 2023

Terms and conditions apply to all offers. Please see Betway Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+

Betway NJ new player bonus terms and conditions

While the Betway new player bonus is pretty straightforward, there are some terms and conditions you should be aware of:

  • New players only; current players are not eligible.
  • Must be 21 years or older to register.
  • Sports bettors must be within the Garden State’s state lines.
  • The initial deposit must be for at least $10.
  • The odds of your first bet must be -330 or longer.
  • The wager must settle within seven days of creating your account.
  • If you lose, Betway Sportsbook refunds the bet amount as a bonus bet
  • The value of the Betway bonus bet is not transferred over into your winnings.
  • General terms and conditions will apply.

In general, we consider this an average welcome bonus for New Jersey sports bettors. If a quality welcome bonus is a deciding factor in whether you sign up with sportsbook, we suggest checking out the offers at DraftKings NJ or BetMGM NJ where you’ll get a little bit more bang for your buck.

Betway New Jersey promos

Here’s a look at some of the Betway NJ promotions you’ll find at the online sportsbook.

Racing predictor game

Betway customers can win a share of a cash prize in its racing predictor game.

There is a fixed total cash pot each day, which can increase in certain circumstances. Betway publishes the eligible races. Players must have posted an entry before the first such race.

The objective is to select the winner of each qualifying horse race and any nonrunners count as losers.

Bonus Bet Club

Existing customers with Betway can earn bonus bets through the Bonus Bet Club.

Players must opt-in to this promo, and there are minimum qualifying stakes. However, there are bet and odds restrictions, e.g., only real-money bets count and not existing bonus bets.

The qualifying period is usually a week. The bonus bets are credited to an account at the start of the week and are valid until the beginning of the following week.

First Touchdown Bonus

If Betway enters the US market, this is an example of a promo that customers in New Jersey could enjoy.

Players will be settling winning bets if the backed team scores the first touchdown in the NFL. The promo applies to pregame moneyline bets, staking the first $50.

The operator selects the qualifying games. You can expect this promo to extend through the regular season.

Double parlay winnings

Another prominent NJ operator pays double winnings on successful parlays.

Players can make a minimum of four selections on a wager. The maximum profit boost is $200 and comes in the form of bonus bets. The minimum stake per parlay is $25; the winnings don’t include the stake.

This offer applies to all multiple bet types.

How to sign up for an account at Betway Sportsbook

Here is a step-by-step guide to creating an account at Betway NJ:

  • Visit the home page of Betway NJ and click “Join Now.”
  • Enter your account information, including your personal details.
  • Specify a username and password.
  • Enter the optional bonus code or promo code.
  • Verify that your age is 21 or older.
  • Accept the terms and conditions.
  • Make your first deposit to activate any bonus bet or deposit match bonuses.

The sign-up procedure with Betway is quick and simple. There is only a short delay between visiting the site, depositing funds and placing the first bet.

Betway sports app

You can expect a Betway sportsbook app for Android and Apple devices.

The Betway app will be available to download from the Betway NJ website and the Apple App Store.

Betway NJ is unlikely to offer any mobile-specific bonuses.

However, the app should be fully functional, so new mobile customers will be able to claim the welcome bonus. Existing mobile customers will also have access to the full range of ongoing promos. You can expect a well-designed app that is easy to navigate.

Betway Sportsbook betting options

Betway NJ sports betting options will be tailor-made for the US market, which means you will be able to select from the following options:

  • Moneylines
  • Handicaps
  • Spread totals
  • Round robins
  • Straight
  • Parlays
  • Teasers

The moneyline wager can be a two-way that includes overtime or a three-way, which consists of a tie.

Handicaps and spreads are in half points, which eliminates the push and returned stakes.

The default odds format will be American, but you can change it to decimal or fractional.

Types of bets with Betway NJ

You can expect Betway NJ to publish the following types of betting market:

Pregame odds

Betway will offer pregame odds a few days before a fixture. The odds are subject to change based on the amount of money on a team or injury news.

The most popular pregame market with Betway in the UK is on the winner of a soccer match after 90 minutes. Customers with Betway NJ will probably place wager mostly on NFL, MLB, NBA and NHL games.

Once the game begins, pregame betting is suspended.

In-play betting

US bettors with other operators enjoy in-play betting across many sports.

Betway customers in other countries can select from a wide range of in-play games. You can expect Betway NJ to offer in-play betting for several sports. The most popular categories for in-play betting will almost certainly be football, basketball, baseball, hockey and soccer.


Betway offers ante-post betting on the outright winner of many competitions on the UK site. You will be able to bet into similar markets for US sports with futures betting. The most popular futures markets are on the winner of divisions, conferences and championships in football, hockey, baseball and basketball.

How to place a bet at Betway Sportsbook NJ

Here is a step-by-step guide on how to place a bet that is standard at Betway sites:

  • Visit the “Sports” page on the Betway site.
  • Locate an event or team using the search facility.
  • Navigate to a game using “Quick Links” or the A-Z of sports.
  • Select a fixture.
  • Click on the appropriate line.
  • The bet slip appears.
  • Add more bets if you wish.
  • Specify the type of bet and enter the stake.
  • Place your bet.

When Betway accepts your wager, it then updates your account balance.

In some cases, your bet might be referred to Betway traders who, at their discretion, restrict the stake. However, the majority of bets receive confirmation.

Betway NJ deposits and withdrawal options

As a registered customer with Betway NJ, you should be able to choose from the following banking methods:

  • Bank transfers
  • Cash at the casino
  • Credit and debit cards
  • E-wallets
  • PayNearMe
  • Prepaid cards

Betway NJ will apply minimum and maximum deposit and withdrawal amounts.

Deposits will be instant and free of charge; however, withdrawals are likely to be subject to delays, depending on the method.

Also, some providers could impose a fee for carrying out a transaction.

Betway NJ other online gaming products

Sports betting is Betway’s core product; however, its global site also offers the following gaming services:

  • Casino and live casino
  • Esports
  • Vegas games
  • Virtual sports

Several NJ sites offer casino gaming, so if Betway launches an online casino, the operator will be competing with some already trusted and established casino brands. Betway might initially focus on sports betting in New Jersey but could introduce a casino at a later date.

Betway New Jersey loyalty program

Existing Betway sportsbooks do not offer a loyalty program or run a refer-a-friend scheme.

As an existing customer, the program will reward you with a range of ongoing promotions, such as bonus bets and entry into competitions.

Betway does not target VIP customers with enhanced odds and bonuses. All current players can benefit from sports and event-based dynamic offers.

You can expect similar services when you register with Betway in New Jersey.

Customer service with Betway Sportsbook

Betway's customer service options are limited to live chat and a detailed FAQ section.

Betway NJ is unlikely to offer email or telephone support. Customers are encouraged to consult the comprehensive “Help” section instead. There is a search facility that allows users to enter a word or phrase to search in this section.

Betway provides responsible gambling measures, such as deposit limits and self-exclusion. The UK site has banner links to support bodies and contact telephone numbers.

Several organizations in Europe protect the integrity of the sports betting industry. You can expect Betway to register with similar bodies in New Jersey.

Closing comments about Betway NJ

Betway Sportsbook does not have the name recognition of online sportsbooks like Caesars or FanDuel, but that does not mean it’s not a quality, trustworthy oddsmaker. We suggest giving Betway a try, and remember, as a new user you’ll receive up to $250 bonus bet with first wager just for signing up with Betway NJ and making a deposit.