These terms and conditions govern your participation in "The Betway Welcome Offer" offered by Betway. If you do not agree with these terms and conditions, you are not permitted to participate in this promotion.

The Betway Welcome Offer gives customers an Extra Bet of 125% when they make their first deposit.

This 125% Extra Bet is only valid provided:

• The customer is newly registered to the Betway platform.
• The customer has passed FICA verification.
• The customer must place bets equivalent to 1x the value of their first deposit.
• Example:
  • Customer deposits R100
  • Customer places bets to the value of R100 (at odds of 1.8 or greater)
  • Customer receives a R125 Extra Bet
• The Extra Bet will only be paid once the customer has fulfilled the playthrough requirements.
• Customers have 30 days to meet the playthrough requirements to unlock the Welcome Offer.
• Customer Extra Bets will be capped at R1000.
• Payment of Extra Bets is entirely at the discretion of Betway.
• Standard terms and conditions apply.

Extra Bets don't have any hidden requirements. Customers who place bets using their Extra Bets will receive any and all winnings (minus the initial stake) and that amount will reflect in their cash balance – ready for another bet or to be withdrawn.

These terms and conditions govern your participation in any "Extra Bet" promotions offered by Betway. If you do not agree with these terms and conditions, you are not permitted to participate in such promotions and you should not accept any Extra Bet offered by us.

Definitions:

Betway Account: This is the account that you registered with Betway. This account will consist of both your Cash balance and your Extra Bet balance.

Extra Bet: Betway runs various promotions which may offer "Extra Bets." Any Extra Bet that you qualify for will be added to your Extra Bet balance, and can be used to place wagers.

Cash: This balance is the cash in your Betway Account, and can be used to place wagers.

1. An Extra Bet can only be used to place wagers, and cannot be transferred, substituted or exchanged. Any available Extra Bet balance cannot be withdrawn.
2. Betway's general Terms and Conditions shall apply to all interactions with Betway, and must be read in conjunction with all other terms and conditions relating to promotions. In the event of a conflict between these Extra Bet Terms and Conditions and Betway's general Terms and Conditions, Betway's general Terms and Conditions shall prevail.
3. An Extra Bet is available for a maximum of 7 days from the date that the Extra Bet was credited to your Betway Account. If not used, your Extra Bet will automatically expire after 7 days and will be removed from your Betway Account (unless specified otherwise in specific promotional terms).
4. Any Extra Bet balance must be used in its entirety as a single bet. This single bet can include single selections or multiple selections in one bet.
5. Should the Extra Bet be placed on a selection that is later voided, the original Bonus Bet wagered amount will be returned to the your Betway Account.
6. The Extra Bet is non-refundable and the Extra Bet wagered amount is not included in any winnings. Only the winnings will be paid to your Betway Account.
7. Example: If you wager R50 using your Extra Bet, with odds of 4.0, the potential return would be R200, since the R50 wagered is an Extra Bet credited to your Betway Account by Betway, only the winnings of R150 will be added to your Betway Account.
8. The maximum return on any Extra Bet is R30,000.00
9. If you make a withdrawal, any Extra Bet balance you have available will be forfeited.
10. Before any withdrawals are processed, your play will be reviewed for any irregular playing patterns. Using a combination of bets which include both an Extra Bet and Cash on the same event to place equal, zero or low margin or hedge bets, shall all be considered irregular gaming for Extra bet requirement purposes. In the interests of fair gaming, should Betway deem that irregular game play has occurred, we reserve the right to withhold any withdrawals and/or confiscate all winnings.
11. Your total account balance consists of a Cash balance and an Extra Bet balance. Withdrawals cannot be made from the Extra Bet balance, but the Extra Bet balance can be used to place wagers.
12. This offer is only available to accounts opened after 01 February 2018
13. Players who registered prior to 01 February 2018 will be bound to the preceding Welcome Offer terms and conditions.

Should you require any clarification or advice regarding these Terms, please contact Customer Support.

Betway Rewards will grant players Extra Bets based on a tiering system dependent on bets placed each day in the month. (see table above for examples)

Player tiers are calculated every month, and players are eligible for their tier for that month and the following month only. Tiers are recalculated on a monthly basis

Should a player fall out of his/her tier, their tier status will still be valid for that month and the next. They will need to reacquire their tier in future months

Player Extra Bets are calculated twice every week. First Extra Bets calculation period is from Monday 00:01am to Thursday 23:59pm, and you're Rewards points will be awarded on Friday. Second Extra Bets calculation period is from Friday 00:01am to Sunday 23:59pm, and you're Rewards points will be awarded on Monday. Players will be unable to check the status of their Extra Bets during the week.

Players will be notified every Monday and Friday via SMS of their Extra Bet amount for the previous week.

Extra Bets expire after 7 days.

Should you not maintain your current tier status in the next month, you will move back to the 'Silver' status, and therefore have to build your way up through the tier system.

Should you win from an Extra Bet, the Extra Bet amount will be removed from your winnings and the rest will be allocated to your cash balance. Example: If you wager an Extra Bet of R50 with odds of 4.0, the normal expected return would be R200. Since the R50 used to bet on the game was an Extra Bet, only the winnings of R150 will be added to the player's Account. The original Extra Bet amount of R50 will be removed.

Betway reserves the right to withhold Extra Bets in cases of abuse or fraud.

Betway Rewards is intended to reward customers for frequent play. As such, any attempt to disrupt, abuse or misuse the system will be subject to the terms found under Prohibited Activities (11.) in the Standard Betway Terms and Conditions.

* If a Monday falls on a Public Holiday or Betway experiences any technical issues, Extra bets will be credited to customers on the soonest available business day