Betway Canada Promo Code & Welcome Offer: Choose Between First Bet Or Match Up To $300

At Betway Sportsbook, players can choose between two welcome bonuses.

• Get your first bet back up to $200 and 20 free spins for the online casino. 
• A 100% deposit bonus match up to $300 and 50 free spins. 

Other promotions are available for all players, including double winnings on Canadian NHL games, double winnings on select NBA games, and weekly free bets.

Continue reading below to learn more about these welcome bonuses, the sports you can bet on, the ways you can bet on those sports, some information about online casino games, and how they stack up against other Canadian sportsbooks.

This offer is not available for users located within Ontario.

Betway Sportsbook welcome bonus terms and conditions

Since there are two welcome bonuses, we’ll break down each below, including their terms and conditions and examples of each. 

Welcome Bonus 1: First Bet Back up to $200 + 20 Free Spins

With this bonus, you’ll get your first wager back up to $200 if it loses. When you wager free bets, you’ll only receive the profit back as cash. 

You’ll also receive 20 free spins that can only be used on the 12 Masks of Fire Drums slot game. 

This offer is only available to players outside of Ontario. 

The free bet expires after seven days. 

All winnings from the free spins are paid out as cash. The free spins are valued at $0.10. 

Welcome Bonus 2: 100% Deposit Bonus up to $300 + 50 Free Spins

Alternatively, you can opt for a 100% deposit bonus of up to $300 and get 50 free spins. 

• Free spins can only be used on the following games: 12 Masks of Fire Drums, Blazing Bison Gold Blitz, Amazing Link Zeus, Fishin Pots of Gold, Gate of Olympus, and Sweet Bonanza 1000. 
• Available only outside of Ontario. 
• 10x wagering requirements on bets of at least 1.75 odds. 
• 50x wagering requirements on bets 1.30 to 1.74 odds. 
• The bonus funds you receive are valid for only 30 days. 
• Winnings from the 50 free spins are subject to wagering requirements. 

The casino games carry different wagering requirements and game contribution rates. 

• Slots and Parlor Games: 100%
• 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): 12.5% 
• Classic Blackjack, All Aces Video/Power Pokers, Jacks or Better Video/Power Pokers, all Baccarats, all Craps, Red Dog, Sic Bo, and all Crash Games (Aviator, FlyX, Spaceman, Maverick, Maverick X, Ho Ho Hudi, Skyliner, Jet Lucky 2, To Mars and Beyond): 0%

So, if you wagered $100 on roulette, only $12.50 would count toward the wagering requirement. Conversely, if you bet $100 on slots, all $100 would count toward it. 

Available sports markets at Betway Sportsbook

Below, you’ll find the list of sports that are available to be wagered on at Betway Sportsbook, along with a description of each of the most popular bet types. 

• Hockey
• Basketball
• Football
• Betway Boosts
• UFC / Martial Arts
• Cricket
• Baseball
• Golf
• Boxing
• Tennis
• American Football
• Aussie Rules
• Cycling
• Darts
• E-Leagues
• Esports
• Formula 1
• Futsal
• Greyhounds
• Handball
• Horse Racing
• In-Play Virtuals
• Motor Sport
• Politics
• Rugby League
• Rugby Union
• Snooker
• Specials
• Table Tennis
• Volleyball

Among the 30 sports you can bet on, these are the way they can be wagered on. 

• Moneyline: Pick the winning team. 
• Point Spread: The point spread is meant to level the playing field between two teams and make them as equal as possible. If a team is -9.5, they must win the game by 10 or more. Conversely, if a team is +9.5, they can cover the spread by winning outright or losing by 9 points or fewer. 
• Over/Under (Totals): Bet on the total points scored in a game. 
• Parlay Bets: Add multiple games to one betslip. All games added must win for the parlay to succeed. For example, if you add three games and two of them win while one loses, the entire parlay fails. 
• Round Robin: Wager on small combinations of a larger parlay. For example, if you create a 4-leg parlay, you can make six possible 2-leg combinations. 
• Futures Bets: Bet on events that’ll happen and be resolved later, such as championships or awards. 
• Prop Bets: Wager on events within a game, such as a player’s statistical output. 
• Live Betting: Bet on games as they unfold. 

Popular games to bet on this week with the latest Betway Sportsbook bonuses

Throughout March, you can wager on the NCAA college basketball tournament, also known as March Madness. The tournament runs through April 7. Here are some games being played this week:

Final Four

• Florida vs. Auburn: Saturday, April 5, on CBS (San Antonio, Texas​)
• Duke vs. Houston: Saturday, April 5, on CBS (San Antonio, Texas​)

National Championship Game

• Monday, April 7, 2025, TBD on CBS (San Antonio, Texas​)

Available casino games at Betway Sportsbook

According to the terms of service at Betway, there are over 400 games to choose from. 

The games include the following: 

• Jackpot slots
• Tournaments 
• Jackpot slots
• Bonus Buys
• Drops & Wins
• Crash
• Blackjack
• Roulette
• Baccarat
• Poker
• Instant Win
• Stepper Slots
• Megaways
• Video Bingo

There’s also a live casino that offers several Blackjack tables, Game Shows, Poker, Lottery, Dice, and Baccarat options. 

As for the providers, there are plenty of big names such as Playtech, Pragmatic Play, On Air, Hacksaw Gaming, and Games Global.

My verdict on Betway Sportsbook

Betway Sportsbook starts things off well with two possible welcome bonuses. These provide avenues for both casual and more hardcore players to enjoy. The first offer provides you with your first bet back if you lose and free spins. There are wagering requirements. Instead, you’ll keep the profit from your winnings from the bonus bet, and your winnings from the free spins will be paid out in cash. Of course, your first bet had to have lost to get the bonus bet, but even the lack of wagering requirements is great. 

The other offer is certainly for someone with a larger bankroll who’s not opposed to betting on things with slightly longer odds and longer odds. There are more free spins, too, but they carry wagering requirements. 

There are not as many sports betting markets as other online sportsbooks, but it offers the most popular and some niche options, such as esports and even politics. 

Although the casino game library isn’t as vast as others, all of the games are from well-known and respected providers. 

Overall, Betway has accessible welcome bonuses based on your bankroll, enticing promotions for all players, and a suitable online casino platform.