Flexi Bonus System
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 our new Flexi Bonus system – these are our new player focused bonuses that give you control over your gameplay like never before.
Flexi Bonus allow you to withdraw your current cash balance at any time, regardless of if there are wagering requirements outstanding. It gives you the player 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:
Advantage Play
At Betway we provide our players a number of offers on both sign up and throughout their time playing with us
These include:
a) Deposit Bonuses or No deposit bonuses
Before we go into how these can be used we have provided 5 must know facts about our offers:
Quick Guide to Bonuses
Customers will always need to opt in to receive a bonus. Bonuses are awarded after logging in or after depositing.
All our bonuses will now be in the form of our new Flexi Bonus – we offer a range of different types of Flexi Bonus explained below:
Match 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.
Free Credits are offers that do not require a deposit, they’re added to your bonus balance and as with all bonuses they have wagering requirements associated before the bonus balance and any associated winnings are available for withdrawal.
New Player No Deposit Bonuses – these are bonuses granted to new players that haven’t had to make a deposit – these bonuses come with 100x wagering. The maximum amount that can be withdrawn from this promotion is 50€. Any cash balance over this amount will be removed when you withdraw.
All other Flexi bonuses and Welcome Bonus - In order to withdraw these bonuses and any associated winnings you must wager an amount equal to 30x the amount of the bonus awarded.
Our Welcome Bonus
Our welcome bonus is a Flexi Bonus. For more information, please see the ‘Flexi Bonus’ section below.
We offer different welcome bonuses depending on how you arrived at our site, each with their own specific terms and conditions. Specific terms relating to our 150€ Welcome Bonus is detailed below.
150€ Welcome Bonus Terms
Betway offers all new customers a Casino Welcome Bonus. If you opt in, you will get the following bonus with your first deposit:
Welcome Bonus: 100% Match Bonus up to 150€ on your first deposit.
Example:
Make a 1st deposit of 150€ and you will receive a 150€ bonus.
Flexi 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 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 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 new customer who has signed up and deposited 20€ and received a 100% match bonus.
Example 1 – Deposit €20 and get €20 bonus
20€ Cash Balance and 20€ Bonus balance would be a 50% / 50% BCR
20€ Cash plus 20€ Bonus = 40€ total balance (50% made up of cash and 50% made up of bonus)
Using example 1 above – If you wager 10€, 5€ will come from your cash balance and 5€ from your bonus balance. If you win 20€ from this wager, 10€ (50% of the win) will go into your cash balance and 10€ (50% of the win) will go into your bonus balance. The 25€ cash balance is available for you to withdraw but the 25€ bonus balance will be subject to wagering requirements.
Example 2 – Currently have 10€ cash and 10€ bonus balance and deposit 20€ cash with no bonus match
30€ Cash Balance and 10€ Bonus balance would be a 75% / 25% BCR
30€ Cash plus 10€ Bonus = 40€ total balance (75% made up of cash and 25% made up of bonus)
Using example 2 above – If you wager 10€, 7.50€ will come from your cash balance and 2.50€ from your bonus balance. If you win 20€ from this wager, 15€ (75% of the win) will go into your cash balance and 5€ (25% of the win) will go into your bonus balance. The 37.50€ cash balance is available for you to withdraw but the 12.50€ 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 Bonus Terms and Conditions
Easy Guide to Wagering Requirements and Game Contributions
Offers with a requirement of 50x wagering of the bonus value to be converted to cash:
i.e – If your first deposit is 100€ you’ll get a 100€ bonus and would need to wager €5,000 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€ what would it contribute |
Games |
100% |
100€ |
Slots and Parlor Games |
8% |
8€ |
All Table Pokers, all Roulettes, all Video/Power Pokers (except All Aces and Jacks or Better Video/Power Pokers), all Blackjacks (except Classic Blackjack) and Casino War. |
0% |
0€ |
(excluded games) – Classic Blackjack, All Aces Video/Power Pokers, Jacks or Better Video/Power Pokers, all Baccarats, all Craps, Red Dog and Sic Bo |
Contribution % |
If you wagered €100 what would it contribute |
Games |
100% |
100€ |
Slots and Parlor Games |
8% |
8€ |
All Table Pokers, all Roulettes, all Video/Power Pokers (except All Aces and Jacks or Better Video/Power Pokers), all Blackjacks (except Classic Blackjack) and Casino War. |
0% |
0€ |
(excluded games) – Classic Blackjack, All Aces Video/Power Pokers, Jacks or Better Video/Power Pokers, all Baccarats, all Craps, Red Dog and Sic Bo |
Welcome Bonus and existing player offers 30x wagering contribution:
These are offers that you’ll receive once you’ve taken your welcome bonus or new offers given to you post your first 7 days of having an account with us.
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 what would it contribute |
Games |
100% |
€100 |
Slots and Parlor Games |
50%
|
€50 |
All Table Pokers, Red Dog, all Roulettes (excluding American Roulette), Casino War, Sic Bo and Live Money Wheel (Dream Catcher)
|
10% |
€10 |
all Video/Power Pokers (except All Aces Video/Power Pokers), all Blackjacks (except all Classic Blackjacks), all Craps and all Baccarats
|
2% |
€2 |
all Classic Blackjacks and All Aces Video/Power Pokers |
Advantage Play
We offer our valued customers promotions and bonuses 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 bonus related advantage play occurs, we reserve the right to stop any further bonuses, promotions and/or offers and remove the 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.
*Updated on 14/01/2020, 14:00 GMT