About the Bonus
The Betway Parlay Bonus is a promotional offer designed for sports betting enthusiasts who appreciate the strategy and thrill of parlay betting. This specific promotion targets bettors who engage in placing parlay bets with three or more legs, offering a $10 bonus bet when they wager a minimum of $25 on such bets with combined odds of +200 or more. This initiative is structured to reward players for their parlay betting activities within a defined weekly offer period, emphasizing both pre-game and live betting scenarios.
Eligibility for this bonus is restricted to verified Betway account holders who fulfill the wagering requirements within any given weekly offer period throughout the promotion's tenure, which spans from January 1, 2024, to December 31, 2024. The qualifying wagers must settle within the same weekly offer period to be considered valid towards earning the bonus bet. Importantly, the promotion mandates that these wagers be placed on Betway’s Sportsbook using real money, excluding the use of bonus funds or other rewards. The allure of this bonus lies in its approach to enhancing the parlay betting experience by offering an additional incentive, irrespective of the outcome of the qualifying wagers.
Pros & Cons
Pros
- Encourages exploration of parlay betting by offering a tangible reward.
- Not contingent on winning the qualifying wager, providing a safety net of sorts.
- The bonus bet is credited swiftly, within 36 hours after the end of a weekly offer period.
- Accessible to all verified Betway customers, fostering inclusivity among bettors.
Cons
- The bonus bet comes with a seven-day expiry, limiting the time frame for usage.
- Limited to one $10 bonus bet per customer per weekly offer period, regardless of the amount wagered beyond the minimum threshold.
- Wagers settled using the Cash Out feature do not qualify, potentially deterring strategic early cash-outs.
- Restricts the use of bonus bets to the sportsbook, excluding futures markets, which may limit betting options for some players.