Perhaps the best thing about the betway Bonus is the relatively low minimum wager. To get a sign up bonus on betway in the US, you only need to place a qualifying wager of $1. Most US bookies set their minimum wager at $5 or $10.

Pointsbet is one of the very few US sportsbooks that require a lower minimum wager ($0.50) for their sign up bonus, while bet365, with their Bet $1 Get $200 welcome offer also stand out in this regard.

When you do receive the betway bonus bets, you can use the bonus bets to place wagers however you want. The only restriction is that each wager must have a minimum stake of $1.

You can use betway bonus bets to place as many wagers as you want until you exhaust the bonus.

Some US sportsbooks do not allow this flexibility. The Caesars sign up bonus, for example, can only be used once, while the DraftKings bonus is awarded as six equal $25 bonus bets. Each $25 bonus bet can only be used once.

Not only does Betway US have a sports welcome offer, they also have a casino bonus. As we will discuss in more detail later, the casino bonus is a deposit match bonus, rising to a maximum of $1000.

The betway casino bonus is only available in New Jersey and Pennsylvania.

The betway bonus is credited within 24 hours after the qualifying bet is settled. This is relatively quick, considering that sportsbooks like FanDuel may take as much as 72 hours before crediting their bonus.

Betway is also a great site for parlay bonuses. They have same game parlays across many sports; and through the Parlay Club, they give customers opportunities to claim numerous parlay bonuses.

A major disadvantage of the betway bonus is the low maximum amount. It also doesn't help that it is a bet-match bonus.

You only get back what you stake on your qualifying wager. Hence, to get the maximum $250, you need to stake $250 on your qualifying wager

There aren’t many US bookies offering below the $250 betway are giving out to their new American customers

FanDuel, Caesars and BetMGM offer at least $1000 (maximum amount), while the BetRivers bonus peaks at $500

Having said all of that, the betway bonus is not the worst thing going around

WynnBET and Unibet both have $100 maximum bonuses, while the mighty DraftKings do not offer more than $150.

The betway bonus is only awarded if your first bet loses. This is why it is called the First Bet Reset.

If your first bet wins, you will not receive the bonus

Of course, you will be able to collect your winnings if your qualifying wager wins, but it would have been nicer to keep the bonus as well. Unfortunately, that is not the case with betway

Betway users only have 7 days to use the bonus. The 7 days start counting from when the bonus is credited into your bonus account. Whatever is left unused after one week is wiped away from your account.

At the moment, betway US does not have a referral bonus. Hopefully, they will add this to their existing offers, in keeping with a common practice amongst US books.

DraftKings, Caesars, BetMGM, BetRivers and Unibet are some of the biggest exponents of the referral bonus in the United States.

When it comes to maximum bonus amount, betway is stuck somewhere in the midfield. The maximum $250 offer is nowhere near being spectacular, but neither is it the worst in the market. If you are after a big bonus amount, you may want to consider Caesars or FanDuel. However, you must weigh in other factors before jumping at a betting bonus offer.

The betway bonus has a 100% bonus-to-bet percentage, which again lies somewhere in the middle. A 100% bonus-to-bet percentage means you will only receive the exact amount you have staked on your qualifying wager. If you stake $50, your bonus will be $50.

Many top US bookies actually have this type of bonus system, with Caesars, FanDuel, BetMGM and BetRivers being amongst the most prominent.

DraftKings is an exception to the rule with their Bet $5 Get $150 offer, which works out to a 3000% bonus-to-bet percentage, while bet365 goes even better with a bet $1 get $200 bonus. That's a mammoth 20,000% bonus-to-bet percentage.

To claim the betway bonus, you need to make an initial deposit of $10. Again, this is pretty standard with many sportsbooks in the country.

Even bet365, with their 20,000% bonus-to-bet percentage, still requires new customers to make an initial deposit of $10.

If you want a minimum deposit lower than $10, you may want to go for the Pointsbet bonus.

The minimum stake for the betway bonus is $1. This is only bettered by Pointsbet ($0.50) in the US.

Part of the wagering requirements for the betway bonus is that you qualifying wager must have minimum odds of -300.

It's not the most challenging odds in the world, but we'd rather not see any minimum odds at all. It's annoying.

Bet365 (-500), WynnBet (-120) and Unibet (-300) are the other top sportsbook bonuses in the US that have minimum odds requirements.

As for other bookies, you just place your bets without worrying about the odds.

The 7-day validity period on the betway bonus isn't the most generous. The bet365 bonus is valid for all of 90 days. BetRivers also give some wriggle room with their 30-day validity period, while FanDuel and Caesars allow 14 days.

Betway is far from the only sportsbook in the 7-day club. BetMGM, Unibet, DraftKings and Pointsbet are also on the same boat.

The betway parlay club gives customers the chance to claim $10 bonus bets every week by placing parlay wagers on the site.

To receive this bonus, you need to stake $25 or more on a parlay that has at least 3 legs during the promotional week. The parlay must have total odds of +200.

The promotional week begins at 12:01 am MST on Monday and ends at 11:59pm MST on Friday.

Your $10 bonus bets are credited into your bonus account within 24 hours of the conclusion of the promotional week.

Betway is one of the best sportsbooks for Same Game Parlays (SGPs), allowing customers to combine multiple markets on the same game.

Betway SGPs are available for numerous sports, including soccer, baseball, basketball, football and hockey.

Betway also has the cash out option, allowing customers to take greater control over their bets.

Betway Cash Out is a real-time feature that gives users the opportunity to end their bets while the game is still going on, and claim early profits or cut their losses, depending on the state of the game.

For now, only full cash out is available on betway US. They do not have partial cash out or auto cash out.

Another great feature on betway US are the regular odds boosts, giving customers the opportunity to bet at higher odds and potentially claim bigger winnings.

To view the odds boosts options on betway, simply click Boosts from the main menu.