A Look at the New Welcome Bonus Presented By Betway in Iowa

With the new year off to a rousing start, it's a great opportunity for mobile sports betting operators to throw out their old bonus offers and bring in the new. That is exactly what Betway has decided to do with its Welcome Bonus offer in the state of Iowa. Iowa residents who are interested in joining the state's sports betting community should take a look at these terms and conditions.

The new Welcome Bonus offer being featured at Betway in Iowa was given a start date of January 1, 2024. The offer will cover the first half of the year with a scheduled expiration date and time of June 30, 2024, at 11:59 P.M. CST. Iowa residents who want a chance to claim this bonus will need to complete the Betway Sportsbook registration process and make an initial deposit equal to or greater than $10. All Betway customers must be 21 years old or older.

Once the above requirements have been met, new customers will have seven (7) days to make their initial sports bets. The qualifying wagers can be placed on any market but must have aggregate odds of at least -300.

Once qualifying wagers have been recorded, new customers become eligible to receive this bonus if their initial bets lose. The amount of each new customer's bonus amount will be based on 100% of the value of their initial wager up to a maximum bonus amount of $250.

Bonuses related to this offer will be issued as solitary bonus bets. Recipients can expect to get their bonus bets within 36 hours after qualifying bets are recorded as losses. From the point of receipt, each bonus recipient will have seven (7) days to use their bonus bet bonuses. If that deadline is not met, the bonuses will be forfeited. If the deadline is met with winning bonus bets, winners will be entitled to receive the net winnings in the form of real cash. As is always the case, all customers are permitted to withdraw their cash balances at any time.

This offer stands as is unless Betway management decides to make changes.