Review of Betway
Betway is an ambitious sports betting site with a reputation for offering innovative promotions, competitive odds and a strong live betting section. The firm was launched in 2006 and it has gradually established itself as one of Europe’s leading bookmakers over the ensuing years.
Betway has been the shirt sponsor of Premier League club West Ham since 2015 and it recently extended the deal to 2025. It also sponsors several major British horse races, and it has been the principal sponsor for big boxing clashes, esports teams, the Davis Cup tennis tournament and the UK Snooker Championship.
The business is based in Malta and Guernsey, with support from staff in London, the Isle of Man and Cape Town. It primarily targets punters in the UK, but Betway is also gaining traction in Europe and further afield. The firm holds a UK Gambling Commission licence, along with licences covering Malta, Italy, Denmark, Spain, Belgium, Germany, Sweden, Ireland, Portugal, Mexico and South Africa.
Read on to learn more about the bonuses, the betting markets, the payment methods and the user experience on offer at Betway.
Is Betway safe?
Betway is a safe, secure and legitimate betting sites that is licensed and regulated by the MGA (Malta Gaming Authority) in markets not locally regulated. It is licensed in several jurisdictions around the world, and adheres to strict conditions. Betway holds a Safe and Fair certificate from the independent regulator, and it uses 128-bit SSL digital encryption to protect your data.
What is the maximum payout on Betway?
It varies depending on the sport, but you can win £500,000 (or currency equivalent) on big football matches. There are limits in place on more niche sports, but they still allow you to win up to £25,000, which is pretty high by industry standards. You can contact customer service for specific details.
How do I withdraw money from Betway?
Navigate to “My Account” on Betway’s home page and select “Withdraw Funds” from the list of options. Complete the withdrawal form by choosing your preferred payment method and choosing the amount you would like to withdraw. Click on “Proceed” to confirm the withdrawal request.
Does Betway pay best odds?
Betway offers best odds guaranteed on all UK and Irish horse racing. That means you can take a price at the time you place a bet, safe in the knowledge that you will be paid out at higher odds if the eventual SP proves to be greater than the price that you took.
Betway Sports - Overview
Betway Betting Bonus
Betway offers customers 100% up to €30 in free bets if you sign up for a new account and make a deposit of €10. You must wager the bonus credit at odds of -133 or greater, but there are no further play through requirements.
Some bookmakers will offer a larger welcome bonus than Betway. For example, Bet365 will match your first deposit up to £100 or €100. However, that is a 100% matched deposit offer, whereas Betway instead provides a bonus that is way easier to turn into real money. Simply bet the amount and get an equal amount credited as a free bet, up to €30.
Betway then offers a number of creative promotions to reward customers for their loyalty. For example, you will receive a €10 free bet if you wager €25 on trebles or accumulators each week. It also runs a popular first goal wins promotion on Premier League football. If you back a team to win the game and that team scores first, your bet will be paid out as a winner, even your team ends up drawing or losing the game.
Betway will also pay out NBA bets immediately if the team you bet on takes a lead of 16 or more points, while it provides various competitions on horse racing and football, and there are numerous season promotions to capitalise on throughout the year.
Matching bonus at Betway
Betway Sport Odds
Football and horse racing are the main sports at Betway, and it covers them in remarkable depth, but you will also find plenty of popular and niche sports featured on the site. The golf, tennis, basketball, greyhounds, UFC, boxing, rugby union, rugby league, cricket, cycling, motor sport, baseball, snooker, American football and ice hockey sections are very thorough.
You can also bet on Aussie rules, Gaelic sports, handball, darts, table tennis and volleyball. Some rivals cover more sports than Betway, such as chess, badminton, sailing and bandy, but Betway is above average in this regard.
There are some quirky specials on offer too. They generally have a UK focus, allowing punters to bet on the Royal Family, bands like Oasis and TV shows alongside popular ceremonies like the Oscars. You will find quirky prop bets, such as whether the PS5 will outsell the Xbox Series X. The politics betting generally has a UK emphasis too, but it also covers the US, Germany and the EU, while you are never short of esports and virtual sports to wager on at Betway.
The quality of the odds on offer at Betway is pretty average. It occasionally provides the best prices on some games, but it is broadly in line with market leaders like Bet365, William Hill and 888 Sport. You should also visit Betway Boosts to check out the regular enhanced odds promotions on offer at Betway, as you can find some seriously attractive prices there.
Live Betting at Betway
Betway offers in-play betting on football, tennis, golf, basketball, hockey, esports, greyhounds, American football, cricket, volleyball, rugby, table tennis, Aussie rules and handball. That is a pretty comprehensive list.
Betway provides live streaming on a number of games, and you will be able to follow an interactive graphic if it is not possible. It also presents you with an impressive array of live stats to help you make betting decisions.
This bookmaker has a large team and it has the ability to provide an abundance of live betting markets on several niche tournaments. For example, you can visit Betway on a random Thursday afternoon and bet live on the Jordan Pro League, under-23 football in Portugal and women’s football in Mexico, alongside Russian table tennis matches, CS:GO showdowns, club friendly basketball matches in Cyprus and volleyball in Poland.
That shows just how in-depth the Betway live betting section goes. You will find dozens of in-play betting markets on even the most obscure games, including a bet builder tool, and you can cash out at any time.
Esports at Betway
Football Betting at Betway
Betway goes all the way down to League Two, the FA Vase and the EFL Trophy in England. Some bookmakers will offer wagers on non-league football, but Betway goes deeper than most. You can also bet on lower league action in countries like Germany, France, Portugal, Sweden and Austria.
It does not bother with the sort of niche competitions that some sites cover, such as the leagues in Indonesia, Kenya, Tajikistan and Paraguay, but its handling of European football is solid.
Betway really excels when it comes to the number of wagering options it provides on big football matches. The list of potential markets is pretty astonishing. You can bet on a player to score from outside the box, a combination of over 9.5 corners and over 5.5 cards, two players to score, two players to fail to score, goal minutes, any team to lead at half-time and not win, a player to outscore the opposition, and much more.
You would be hard pressed to find a betting site that offers more wagering options on a football match than Betway. Its bet builder is the best in the business, packed full of options, and it gives you an exceptional level of statistical information, so Betway is a fantastic site for football bettors.
Betway Football Odds
Horse racing Betting at Betway
Horse racing is of utmost importance to Betway. It has sponsored the Queen Mother Champion Chase, the Lincoln Handicap, the Chester Cup, the Great Voltigeur Stakes, the Yorkshire Cup and many other races over the years.
In 2017, Betway signed a three-year deal to become the official betting partner of the Grand National Festival at Aintree. Famous jockeys including Richard Johnson, Davy Russell and Silvestre de Sousa have served as Betway brand ambassadors.
You will get your money back up to £10 or €10 if the horse you back comes second in any ITV race with six or more runners. You also get a free bet worth £5 or €5 if you place a Yankee with a total stake of £/€11 or more. Betway’s 4 To Win promotion is also popular. This free-to-play daily racing predictor offers a £/€1,000 prize from Sunday to Friday, and £/€10,000 on ITV meetings. Check site for availability and full terms.
Betway covers racing in the UK, Ireland, the USA, Australia, South Africa and France, while it has a healthy selection of antepost markets, and the odds are competitive. It also pays best odds guaranteed on all UK and Irish races, meaning you can take a price and still be paid out at the higher odds if the SP ends up being greater.
User Experience at Betway
Betway has a clean, sober and clutter free sports betting platform. It packs an abundance of information onto each page, but the layout is clear and intuitive. There is nothing flashy about the design, but functionality is strong. The search tool works perfectly and it is easy to find betting markets.
There is also a lively blog called Betway Insider. It features tips, insight, quizzes, news and betting guides. The site does a good job of highlighting the promotions that are currently on offer, and the Betway Boosts section is great.
Security and Mobile Compatibility
Betway works equally well on a mobile and desktop. The Betway Sports app has an average rating of 4.7 after receiving more than 17,800 ratings at the App Store. That is a superior score to the vast majority of sports betting apps. It is easy to navigate and full of useful tools.
Betway holds a Safe and Fair certificate from eCOGRA, the independent regulator, and it uses 128-bit SSL digital encryption to protect your data. It is a safe and secure site. One thing that lets Betway down is its approach to responsible gambling. The company was fined a record £11.6 million for failing to deliver customer protection and money laundering checks. It allowed one customer to deposit more £8 million and lose more than £4 million in a four-year period.
Betway Deposit and Payment Methods
Betway provides users with a wide range of banking methods: Visa, MasterCard, Maestro, Citadel Direct, a direct bank transfer, ecoPayz, Neteller, PayPal (locally regulated markets only), Skrill, PaySafeCard, EPS, Euteller, eWire, Neosurf, AstroPay and Entropay. That is a broad offering, with popular methods and niche options to choose from.
All of those methods can be used for withdrawals, apart from Maestro, Citadel, PaySafeCard, EPS, eWire, Euteller, Neosurf and AstroPay. Deposits are instant, but withdrawal times vary. PayPal, Neteller and Skrill are among the fastest payment methods, as bank transfers can take a few business days.
Fees and Limits
There is a minimum withdrawal of £5 or €5. There is no official withdrawal limit, as you can win up to £500,000 when playing at Betway. Contact customer service for more advice on large withdrawals. There are no fees attached to withdrawals, but some providers may charge their own handling fees.
Betway - Payment Methods
Betway Customer Service
The Betway customer service department is available 24 hours a day, seven days a week, to provide helpful and friendly advice. Choose from phone, live chat or email to enjoy customer support in 15 different languages.
We encountered minimal waiting times when we tested the live chat service for this Betway review. The representatives on the phone were also quick and efficient when dealing with our queries. Email is only recommended for non-urgent requests.
Betway makes an excellent choice for anyone that wants to enjoy competitive odds and promotions on football and horse racing. The user experience is excellent on all platforms, the customer support is exemplary and the betting limits are high. You can also find an excellent online casino to complete the package. Betway has a dubious record when it comes to responsible gambling, but otherwise it is a great betting site for casual sports fans and high rollers alike.