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Betway Sportsbook Review


Betway Sportsbook stopped operations in the US. You may want to check other options in the table below:


April 2024

Secured & Trusted

Fast Withdrawals

Last Offer Update: January 10, 2024
1
Welcome Bonus
Bet $5, Get $150 in Bonus Bets If Your Bet Wins
SCORE
9
Review
Views (7029) Review
2
Welcome Bonus
First Bet Offer Up To $1500

SCORE
8.8
Review
Views (6871) Review
3
Welcome Bonus
Bet $5 Get $150 In Bonus Bets
SCORE
8.1
Review
Views (6717) Review

An Overview of Betway Online Sportsbook


Operated by Betway Limited, Betway is a legit online sportsbook that is fully licensed and regulated by the Malta Gaming Authority (MGA). The company has state-of-the-art SSL (Secure Socket Layer) measures installed which are designed to protect its players, and it is known for the quality of its live betting.

The flagship welcome offer for new bettors is a $250 bonus bet upon making a first deposit, and we think this is pretty solid. In this review, we will navigate the pros and cons of Betway, and dig deep into everything they offer in terms of betting markets, features, promotions, and more.

An Overview of Betway

Legal States


Betway can be played and is accessible in the following states:

  • Arizona
  • Colorado
  • Indiana
  • Iowa
  • New Jersey
  • Ohio
  • Pennsylvania
  • Virginia
betway legal states map

Welcome Bonus


The first goal of any quality sportsbook is to draw new users in with attractive bonus offers and retain the loyalty of existing ones with frequent promotions. Betway is no different, and their flagship bonus consists of a $250 bonus bet upon the first wager made. Although this offer isn’t as big as the one served up by BetMGM, with this bonus, new users only have to make a minimum deposit of $10. However, we think it is still a competitive bonus, and one that will entice players to the site. The bonus bet money must be bet within seven days, and it can’t be used on any bet with boosted odds.

Compared to other sites: This welcome bonus offer is pretty solid, and it has helped Betway establish itself as a serious player in the sports betting industry.

Betway welcome bonus

Other Promotions & Offers at Betway


Betway has no shortage of offers: You can find sports-specific deals such as the ones we have outlined below:

Parlay Boosts

You can place soccer parlays, and win up to 40% extra if your bets are successful. These are usually daily and can be used on EPL and the Champions League. The minimum odds are set at -500 for each leg, and you will need to win each leg to win your bet. It will be available for the match-winner market, so win or draw.

Same Game Parlay

Similar to the aforementioned offer, you can get a same game parlay style bonus for the NBA. You can add up to six different types of bets into your parlay, and even add bets on other sports.

Betway also has a rewards program in place, so bettors can win cash and other prizes.


Profile

Here are a few quick facts surrounding the background of Betway:

  • Year of establishment: 2006
  • Headquarters: Malta
  • CEO: Anthony Werkman
Betway Sports

Betway Features


Betway is a slick and stylish operator: comes with an abundance of features. Here are some of the best features that the book offers.

Cash Out

Cashing out is part and parcel of the modern-day sportsbook experience, but at some sites, they are more extensive than others. If you have a 6-leg parlay and the first 5 legs have all hit, the sportsbook will likely offer you a cash-out opportunity. 

Betway Cash Out

It saves them from having to give an enormous payout and gives you the chance to win money even if that last leg doesn’t hit. Most sportsbooks have this feature today and Betway is no different. Moreover, Betway allows you to cash out bets in their entirety, whereas at other sites, you may only be able to partially cash out bets before an event concludes.

Parlays

Betway provides competitive odds: You can really get a good bang for your buck by parlaying your bets. You can assemble bets on spreads, moneylines, totals, and props all in the same parlay slip and Betway makes it a smooth process. 

This includes regular parlays, and same-game parlays which is almost like a bet builder. It’s very easy to create one and find out the potential return with the use of an intuitive and reliable odds calculator. The odds are available in American, decimal, or fractional formats, so it will enable bettors who like to use an assortment of bets that are presented in different ways.

Betway Parlay boosts

Responsible Gambling


As a way to tackle problem gambling, Betway has a dedicated ‘Responsible Gambling’ page. Betway has made it its priority to keep players safe while online, and part of that is ensuring they have control when they bet.

Players can therefore find tools which will best equip them when they wager online. This includes everything from general tips and advice to session reminders, which will prompt them of whether they should end a particular session.

Betway Responsible Gambling

For more extreme measures, players can impose an indefinite self-exclusion or even close their account all together if they fear their gambling habits are spiraling out of control. After all, Betway prides itself on being a socially responsible betting company.

Insider Blog

Not all online sportsbooks have an in-depth blog to support bettors and guide them through the biggest games of the weekend.

However, Betway is one of the few exceptions here. Armed with a wealth of in-house writers, they will be on hand to discuss who to back. For example, with betting on golf, you can find readily available a breakdown on each course, and which players are leading the way in terms of driving and putting stats.

Betway Insider Blog

It is always a good idea to tap into the tips, as the site’s writers can give you the full lowdown and alert you to factors you may not have thought of previously.


Markets & Odds Comparison


Variety of options: When you’re looking to place a bet, it’s important that you have a variety of options. Betway is particularly strong in its coverage of European soccer. For example, Betway is very thorough and meticulous in selecting Champions League markets. For a knockout stage, you can find well over 100 lines with competitive odds, so bettors will never run out of opportunity. 

Betway Markets & Odds Comparison

The types of lines you can expect to find will range from props, such as a player to have X number of shots on target to a variety of team props, such as the number of corners Over/Under in the first half. The odds in general are quite sharp, and this is the same for the mobile product, making Betway arguably the best sports betting app in the industry.


Withdrawals, Deposits & Payment Methods


Betway makes online sports betting extremely accessible thanks to its array of payment methods. We have presented a table of the typical options for making deposits and withdrawals to and from your playing accounts. Make sure you read the terms and conditions, so you know what is expected of you:

Betway Withdrawals, Deposits & Payment Methods
Payment MethodCan I deposit with this payment type?Can I withdraw with this payment type?Withdrawal speedAre there additional fees for this payment type?Minimum Transaction LimitMaximum Transaction Limit
VISAYesYes1-5 banking daysNo$10None specified
MastercardYesYes1-5 banking daysNo$10None specified
Play+YesYes1-5 banking daysNo$10None specified
PayPalYesYes2-5 banking daysNo$10None specified
PayNearMeYesYes2-5 banking daysNo$10None specified
eCheckYesYes1 banking dayNo$10None specified
Betway Withdrawals, Deposits & Payment Methods

We also have a screenshot detailing the payment methods:

Terms and Conditions

Required documentsBetway reserves the right to ask for specified documents, and you can be booted off from the site for fraudulent or suspicious activity. You will need to prove you are who you say you are in a verification process when signing up.
Proof of addressTo make your first withdrawal, you will need to be at least 21 years old, and you will need to verify your home address, which is part and parcel of the registration process.
Withdrawal Minimums and MaximumsThe standard minimum withdrawal amount is $10. Betway has a number of protocols in place before a withdrawal can be processed. Withdrawals can be refunded in part or its entirety to the method of deposit.
Amount of Withdrawals AllowedThere will be no limitations imposed for the number of withdrawals made within a specific timeframe, however, you could find yourself disallowed from withdrawing funds, while a transaction is pending.
Betway Terms and Conditions

User Experience

Betway is one of the slickest and streamlined sports betting sites we have come across: We found it to be very smooth in terms of navigating our way to the lines and sports we wanted to bet on. It is also one of the safest around, as it is supported by SSL (Secure Socket Layers), so you will be protected from the moment you enter the homepage and start playing.

Betway is very immersive, so if you are betting on the NBA, all the odds will be clearly displayed, and the betting slip is very intuitive, so you can fill in your betting slips with minimal fuss. Pages load very quickly on the whole at Betway, and they are very responsive. Also, you won’t come across too many pop-up ads.

Enhanced odds

One of the cornerstones of the Betway sports betting product is enhanced (or boosted) odds: The odds are clearly displayed in American, decimal, and fractional formats, and the enhanced odds are favorable compared to some of its competitors. 

Once you have selected your odds boosts, you will be able to use the intuitive slip to complete the process, and that is reliable in calculating potential payouts from the stake size selected.

Live Betting

Live betting is also a trademark when it comes to sports betting with Betway. On the desktop version, you can find a raft of lines, and it is very immersive, which will enrich the in-play betting experience.

As a pre-eminent betting site, Betway comes up near the top in terms of the wealth of statistics that will be at the fingertips of bettors. For example, if you are betting on tennis, you will have a cool infographic illustrating the breakdown of each set and each game, and you can keep on top of things if you can’t watch it live.

Betway Live Betting

Live streaming

Live streaming is not available at all reputable sports betting sites, but we were impressed with what we saw from Betway. Here, you can easily locate live streams if you have a registered account, and you just need to hover over the ‘play’ button which will take you to the stream.

There were barely any pop-up ads that came up and there were no buffering or lagging issues while using the stream. In fact, the stream was crisp and it is brilliant for using on the app.

Betway Live streaming

Mobile Experience 


The Betway Sportsbook mobile experience is almost identical to the desktop. The app’s layout follows the same structure as the website, with the list of popular sports and promotions located at the top of the page. Under that are a catalog of upcoming game lines that makes betting on the day’s biggest events a breeze.


How good is the customer service?


This is an area where Betway could improve: There is a live chat service that is available 24/7, and we found it to be quite responsive in terms of speaking with an agent and getting a speedy solution to a problem while playing online.

We found that the Betway team could be better at replying to emails, as sometimes it took longer than expected to deal with messages. Nevertheless, the site supports 10 different languages, including English.

You won’t find a phone option to call Betway: Betway has an active social media presence, so you can always tweet the Betway support team via Twitter, and this might be handy if you are experiencing banking issues or you wish to request a special or niche market that isn’t available at the site.

You will find that Betway has an extensive FAQs section: so you can readily find the answers to problems as and when they arise. It will cover everything from security through to deposits and withdrawals, as well as how to set restrictions on betting activity. The FAQs are as comprehensive as you would expect from any top sports betting operator in the US.

PROS
CONS
PROS

Cashing out bets early

Strong live streaming platform

Enhanced odds available on most sports

Diverse range of sports markets

User-friendly sportsbook

CONS

Could do better for customer support

Welcome bonus weaker compared to rivals

Needs more banking options for deposits

Odds not always the most competitive

Needs more promotions for existing players


Registration Process


One of the things we have overlooked in this guide so far is the registration process: While there are the standard checks in place, it is quite a seamless process, and you could be up and running at Betway in a matter of minutes once you have followed these steps.

Step One: Visit the Betway homepage

Open up a new tab on your computer and visit the Betway homepage where you will find a green button which will say ‘Join Now’. Click it to open up the Betway registration form.

Registration Process Visit the Betway homepage

Step Two: Fill in the Registration form

You will now be asked to fill in a series of details, such as name, home address, and cell number. The Betway team will ask you to verify your email, so make sure you insert the correct details when prompted or you could be held up.

Betway_Fill in the Registration form

Step Three: Make your First Deposit

Once you have completed the registration part, you can head over to the cashier section and choose your preferred banking method. Make sure you can deposit and withdraw using the same option. You will also be able to claim the $250 welcome bonus and check if there is a code to enter.

Betway - Make your First Deposit

Step Four: Start Betting

Once everything is done, you will be able to start betting. Make your way back to the homepage and pick the markets or sports that excite you the most.


Betway Online Sportsbook Summary


Betway is a legit and trusted site that delivers performance-wise on both the desktop and app side of things. While Betway has a bigger presence in Europe, it’s growing in the US and working hard to attract more US users.

Betway has a plethora of key features that stand out, and in particular, we think you’ll enjoy the cash out element so you can claim your winnings without sweating out the rest of your bet and potentially losing it all.

One of the most trusted sports betting sites, Betway is also visually attractive. It has a diverse range of sports markets, and it is well optimized for mobile.

Customer service is an area that should be identified to make improvements in: Betway has tons going for it, and it is very user-friendly. If you are shopping around for an online sports betting site to join, then Betway should be prioritized.

FAQs

Yes, Betway has a live streaming platform. All events that are available for live streaming will have a play button, so if you have a registered account, you will be able to make the most of this benefit. Be aware that not all events will be available for live streaming.

Yes. Betway is a fully legit and licensed betting operator that has been around for a number of years. The latest SSL protocols are implemented to protect players when they bet online, and prevent their financial data from being hacked.

Moreover, Betway is licensed and available for betting in the following states – Arizona, Colorado, Indiana, Iowa, New Jersey, Ohio, Pennsylvania, and Virginia.

Withdrawing winnings is quite simple when using the desktop or app counterpart. You can head over to the banking section, and pick where to dispatch withdrawals to. 

While some withdrawal methods may be processed within 24 hours, some take longer subject to checks, and you may have to wait up to 5 banking days to receive funds.

Betway is currently available in eight states: Arizona, Colorado, Indiana, Iowa, New Jersey, Ohio, Pennsylvania, and Virginia. When you log on, you will see the list of states where you can play Betway, so make sure you check Betway is eligible in your state before proceeding and signing up for the site.