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Betway is a reputable sportsbook that knows how to create an excellent betting experience that will make you return to the site for your betting needs and award you for your loyalty. As a brand with a wealth of experience across many sports markets, Betway knows what its customers like and knows how to create a betting platform that will suit any bettor’s needs.
Launched in 2006, Betway emerged as one of Europe’s leading sportsbooks and has since moved to the United States, offering its betting service across Iowa, Colorado, Indiana, New Jersey, and Pennsylvania, with plans to expand further.
And while it has yet to reach the status of some of the biggest brands in the US, Betway’s vast selection of markets, excellent odds, and other features make it one of the best online sports betting providers out there.
Betway’s founders’ goal was to create a platform that will provide its users with the most online betting options possible, and so far, they’ve been doing an excellent job. However, there’s more to like about Betway, and in this sportsbook review, we will take a look at what that might be, what areas Betway needs to work on, and whether it is the right sportsbook for you.
Ratings (out of 100)
- Overall: 91/100
- Bonus Offer: 85/100
- Promotions: 90/100
- Software: 90/100
- Sports & Markets: 95/100
- Sign Up Process: 90/100
- Mobile Platform: 95/100
At a Glance
- Bonus Offer: Bonus 100% Up to $300
- Promo Code: None needed
- Sign Up Link: https://betway.com/
- Physical Locations: Iowa, Colorado, Indiana, New Jersey, Pennsylvania
- Mobile Betting: Available
- Operator: SGHC Limited
- Software: Microgaming
History
Founded in 2006, Betway Group emerged as one of the leading global online betting and gaming companies. It operates across a number of markets around the world and has made a name for itself as one of the best in the business.
Although based in Malta and Guernsey, Betway operates and holds licenses across 12 countries. Initially focusing on the European market, Betway has in 2021 expanded into the U.S. sports betting market and is well on its way to becoming one of the leading names in the industry.
Despite its current and future success, Betway has had a rough start and has gained somewhat of a bad reputation for various reasons. One of the main was the overly-complex bonus terms, which made it seem like Betway’s main goal was making winning impossible.
However, Betway has quickly realized their mistake and since improved drastically. While it took the changing of the management a number of times, Betway has cleaned up their act, as the operator now works to regain the trust of the sports betting community.
2013/14 was the breakthrough year for Betway who slowly started growing its customer base, regaining the trust of the bettors it had initially lost. One of the most significant steps towards achieving that goal was a partnership with an advertising company Saatchi&Saatchi, which helped Betway push into the mainstream with its promotional campaign across Europe.
Along the way, Betway struck sponsorship deals with Queen Mother Champion Chase and Premier League Darts; however, its most impactful to date was a sponsorship deal with a Premier League team, West Ham United, in 2015.
In the years that followed, Betway continued improving its service and quickly became one of the leading sportsbooks in the world. Unfortunately, another disaster struck in 2020, when Betway got hit with a record £11.6million fine for being adjudged to have failed in its duty of customer protection and money laundering.
It marked the first bad press Betway had in years, yet it was also the biggest one in its history. A decade of good reputation turned upside down, putting Betway back where it started in the early 2000s.
Still, the incident has forced Betway to put even more effort into offering only the best service to its users in a bid to regain the community’s trust, effectively creating the best betting experience it has provided since Betway initially launched in 2006.
It may have taken a few years, but Betway has shown enough improvement in all aspects of its service to earn the tag of a great sportsbook. Is it the best sportsbook out there? No. But it does a lot of things right and is unquestionably worth checking out.
PROS
When we look at Betway’s pros, the list consists of only the most essential things any bettor would like to see in a sportsbook. That includes, but is not limited to:
BETTING MARKETS: Betway offers a vast selection of betting markets
USER-FRIENDLY: Great sportsbook for beginners, with small deposit limits
AWARDS: Excellent promotions throughout the year and great bonuses
CONS
Every bookmaker has its weaknesses and cons, and Betway is no exception to that. And while its pros overweight Betway’s shortcomings, it’s worth pointing out two things we don’t like about the sportsbook.
LIMITS WINNERS: Betway has earned a reputation as a bookmaker that will quickly limit sharp bettors
MOBILE APP: Betway’s mobile app lacks some features of the desktop site
5 Reasons to Play at Betway
There is a lot to like about Betway, and there are many features the sportsbook offers that will make your betting endeavor far more enjoyable. However, there is not enough time to talk about them all, so here are five reasons why you should play on Betway:
- Excellent site layout
- Reputable brand
- Great betting odds
- Daily bonuses and promotions
- Customer Support
Betway Physical Locations (USA)
Betway is a world-renowned name in the global betting industry, which has started expanding its presence in the United States. The company has recently gone live in Iowa, joining Colorado, Indiana, New Jersey, and Pennsylvania to form a body of 11 jurisdictions.
Betway’s expansion comes amid the company’s plans to go live on the New York Stock Exchange and the long-term goal of expanding all over the United States in a bid to rival some of the biggest betting brands in the country.
While the expansion will require some time, likely years, Betway currently operates across five states, having formed a licensing partnership with six casinos.
New Jersey
- Golden Nugget Atlantic City
Indiana
- Belterra Casino Resort
Colorado
- Famous Bonanza Casino
Pennsylvania
- Live! Casino Hotel Philadelphia
Iowa
- Diamond Jo Casino
Mobile Betting at Betway
To no one’s surprise, Betway has its own dedicated mobile app available for both iOS and Android devices and can rival its competitors both in its functionality and appearance.
Some may remember how disappointing Betway’s initial mobile app was; however, it has come a long way since. To say the app has improved would be an understatement, as it’s currently one of the best sport betting mobile apps available.
Betway’s mobile app is well-made and has all the features you would want. Upon opening it, you will be directed to the default home page, displaying live events, allowing you to get into in-play betting instantly.
And while Betway mobile app allows in-play betting, there’s more to like about it. The layout is great, easy to use, and straightforward to navigate through, thanks to its well-made menu and easy-to-access features.
Not only is the app easy to navigate, but it’s also very stable, which is very important if you’re betting. Our testing found out that Betway’s app works with no fuss and is smooth and intuitive, allowing you to place wagers confidently across its vast selection of markets.
Another big positive of the app is that it allows you to enjoy live streaming of all major sporting events directly from your phone. Although not a unique feature to Betway, it certainly isn’t a feature all mobile apps have.
We have found no notable flaws with Betway’s mobile app, and we can confidently say that it’s one of the best out there. In fact, many Betway punters prefer to bet only via their phones, and we can see why.
Banking Options
Before you can start placing bets you first need to deposit money, and with Betway, that has never been easier. Betway continues to develop in this industry to present a platform where quality and convenience are two main priorities.
And there’s no better way to make its service as convenient as possible than to offer a plethora of deposit and withdrawal methods.
Deposit Methods
Betway offers a long list of deposit options, including standard methods such as Nettler, Skrill, PayPal, credit and debit cards, and more. The minimum and maximum limits vary depending on the option you use; however, if you wish to deposit large sums of money, that’s never an issue.
To deposit money on Betway, you can use one of the following:
- Credit Card
- Visa
- MasterCard
- e-Check
- i-Pay
- 1voucher
- Quick EFT
- PayPal
- Nettler
- PaySafe Card
- Online banking
Withdrawal Methods
If you wish to withdraw your winnings from Betway, you will be presented with plenty of options to do so without any added fees from the operator. However, keep in mind that some third-party fees might apply, depending on the method you use.
To withdraw money from Betway, you can use:
- Bank Transfer – 24 hours
- Paysafe Card – 24 hours
- Maestro – 24 hours
- Skrill – 24 hours
- Nettler – 24 hours
- MasterCard – 24 hours
- Visa – 24 hours
- PayPal – 24 hours
The biggest advantages of Betway’s withdrawal process are both a large selection of options and its speed. While Betway’s withdrawal has been known to be slow for a while, the sportsbook has fixed the issue.
Another thing to keep in mind when withdrawing your funds from Betway is restrictions, as you need to provide your documents when trying to withdraw money from the site. Additionally, you might get restricted on how much money you can withdraw at once, which is weird, considering Betway doesn’t have any limits on deposits.
Regardless, you can rest assured that your money with Betway is safe and that you will receive your funds.
Sports Offered
Betway has an extensive selection of betting markets its users can access, and you will often find yourself overwhelmed with the choices available. That might catch some novice bettors off guard, but for seasoned sports bettors, who love to seek action in some inefficient market, that’s excellent news.
There are almost no sports Betway doesn’t cover, and it gets better. Even smaller sports have plenty of betting markets available, so you might even find yourself betting on some more minor regional leagues, which is definitely a positive if you look to make your betting endeavor a bit more exciting.
The main sports Betway covers and has featured on its home page include:
- Football
- Hockey
- Tennis
- Basketball
- Soccer
- Baseball
Beyond that, Betway also offers vast betting options for some less popular sports, amongst bettors, which includes, but is not limited to:
- Gymnastics.
- Darts
- Cycling
- Volleyball
- Australian Rules
- Table Tennis
- Snooker
- Esports
- Pool
- Boxing
- MMA
- Cricket
- Badminton
Bet Types
Besides offering a large selection of sports to bet on, Betway also has plenty of bet types for you to choose from. On Betway you will find all bet types you would ever want, including ML, spreads, totals, futures, props, and much more.
Betway doesn’t feature any unique bet types, but it really doesn’t have to. Instead, it offers all the bet types you would otherwise find in any top sportsbook, which includes, but is not limited to:
- Moneyline
- Spread
- Totals
- Futures
- Parlay
InPlay Betting
In-play (or live) betting has become very popular amongst punters, and it’s easy to see why. It allows you to bet on matches as they happen while taking advantage of the offered betting odds that change according to what’s happening on the field.
The good news is that Betway offers live betting and does so very well. It even has its own live betting market section, making it easier to quickly access the games and place bets.
While in-play betting is available on Betway’s site, some prefer using its mobile application, largely because it allows you to bet on the go while being able to watch live streams of the games.
To live bet on Betway, all you need to do is click on the “In-Play” button at the top of the page, and you will get redirected to a complete listing of all live wagering events available. The offer is vast, and the odds are some of the best in the industry, which explains why Betway is getting high praise for its in-play service.
If we draw a line, Betway has done a lot of things right with its in-play betting and is one of the best sportsbooks to use if you like to place wagers on live-action.
Loyalty Program
Besides all the excellent bonuses and promotions, Betway also offers its users to become a part of its unique rewards program – Betway Plus. The loyalty program is available for all players and customers, no matter whether you’re using Betway’s sportsbook, casino, or poker rooms.
As with any loyalty program, Beway Plus will award you for using the site with tokens as a part of the VIP points system. As you you earn more points and progress through the levels, you will receive more frequent and higher rewards, including:
- Exclusive Betway gifts
- Invites to worldwide sporting events
- Invitations to VIP trips
- Customized offers
- Priority Withdrawals
Each player earns 2.45 tokens for each $10 wagered on sports markets and the same amount for each $10 spent on casino table games; however, five tokens for each $10 on casino slots. The points can also be redeemed for free play bonuses
Customer Support
Betway has grown quite a bit over the years, yet its most significant improvement and the big reason it emerged as one of the top sports betting providers in the world is its customer support service.
While Betway doesn’t offer phone betting, it does offer phone support, WhatsApp, as well as email and live chat. Besides offering four forms of customer support, Betway agents also work 24 hours a day, 365 days a year, meaning you can always count on having your issue resolved, no matter when you’re contacting Betway’s customer support.
The best part of it all is that Betway customer support ranks as one of the best in the industry, achieving very high ratings amongst customers. And being an international brand, Betway’s customer support is available in over a dozen languages.
Not many sportsbooks can pride themselves on offering great customer service – Betway can.
Other Features
Beyond its loyalty program, Betway offers many unique features and promotions, which make it stand out from the rest. Although the promotions change over time, Betway has stayed true to providing excellent features its users can take advantage of.
- Free Bet Club: You only need to opt-in once, and you’re in the Betway Free Bet Club, which awards you with free $10 to bet with as you stake $25 or more on any multiple.
- Esports Club: Like the Free Bet Club, Betway’s Esports Club awards you in free $10 to bet with when you stake $25 on any esports multiple
- 4 To Score: A weekly competition that awards up to $25,000 to those who can correctly predict the first soccer player to score a goal in each selected match
- Betway Boosts: Enhances odds on most sports markets
- NHL Double Winnings: Place a pre-game win/draw/win bet on any Canadian NHL team, and if the team you backed wins with two or more goals, Betway doubles your winnings with a free bet up to $25
- NBA 3-Point Special: place a bet on any NBA game and if your bet loses and the final score is a 3-pointer, Betway refunds you with a free bet, matching your stake up to $25
Owner Testimonial
Betway is widely rated as an above-average sportsbook, which is suitable for experienced and casual gamblers. The site has everything you would ever want in a sportsbook, and more, awarding its users with excellent promotions and unique features that make your betting experience far more enjoyable.
Betway does a lot of things right, and that goes beyond offering great bonuses, vast markets, and competitive odds. Admittedly, there are some hiccups, but that doesn’t take away from Betway’s overall quality.
Summary
Overall, Betway is an excellent sportsbook, which provides an extremely competitive product in the betting market. There are sports betting providers that can compare to Betway in some areas, but few can match Betway’s overall quality.
From offering great odds, excellent bonuses, and promotions and offering one of the best mobile applications for your on-the-go betting needs, Betway has everything you would ever want in a sportsbook. The site is not only offering one of the best betting services in the industry but is also carefully tailored to appeal both to new and seasoned sports bettors.
Quality and convenience is the name of the game for Betway, and it has done a tremendous job executing it. Admittedly, there are some areas where Betway is still lacking, namely with its withdrawal limits, but we can safely expect it to improve in those areas in the upcoming years, as Betway reaches new states and increases its userbase.
If you’re wondering whether you should give Betway a chance, follow our advice and create a Betway account. It doesn’t take you long, and you won’t need long to figure out whether you like its service – but the chances are your answer will be a positive one.
