Betway Review
Online Since200663 of 127
- Everygame1983
- BookMaker1985
- Bovada1994
- WagerWeb1994
- MyBookie1995
- JustBet2000
- Heritage Sports2001
- BetOnline2001
- BetAnySports2001
- SportsBetting2002
Active Players2,30022 of 127
- Bovada77,200
- BetOnline43,550
- BetAnySports23,146
- BookMaker20,150
- Heritage Sports19,926
- Everygame19,756
- JustBet13,055
- MyBookie12,152
- SportsBetting8,240
- WagerWeb5,250
Events Offered2,77327 of 127
- BetOnline4,426
- Bovada4,375
- BookMaker4,350
- Heritage Sports4,289
- BetAnySports4,260
- SportsBetting4,224
- JustBet4,125
- Everygame4,025
- MyBookie4,004
- WagerWeb3,875
Live BettingYes
- Bovada Yes
- BetOnline Yes
- Heritage Sports Yes
- BetAnySports Yes
- Everygame Yes
- BookMaker Yes
- JustBet Yes
- SportsBetting Yes
- MyBookie Yes
- WagerWeb Yes
PokerYes
- Bovada Yes
- BetOnline Yes
- Heritage Sports No
- BetAnySports No
- Everygame Yes
- BookMaker No
- JustBet No
- SportsBetting Yes
- MyBookie No
- WagerWeb No
- MUST have an excellent 20 year track record.
- Variety - Make sure they have what you like to play. A couple have poker for example.
- Loyalty Program Some offshore sportsbooks have very aggressive loyalty programs.
- February 5, 2025
About BetWay
With its establishment dating back to 2005, Betway has emerged as one of the largest and most reputable sportsbooks globally. While it may not offer services in all countries, its operation in a variety of countries, including Canada, speaks volumes about its global reach. In this Betway review, we will decode how they’ve done it.
Some of the features users love the most at Betway Sportsbook include the customizability offered by odds boosts and early cash outs; there are also instant bet and micro-gaming opportunities for the player in a hurry.
Below, you can dive into the rest of why this is a top-rated betting platform.
Player Advocate
BetWay is a well-regarded sportsbook with an impressive depth of betting markets and fast payouts.
BetWay Reputation
Betway has earned a solid reputation since its establishment in 2006. Their track record of timely payouts and honoring winning bets instills trust in customers. The absence of unresolved complaints or disputes further enhances their credibility.
Betway Sportsbook takes a proactive approach to addressing issues, offering dispute resolution processes and engaging in third-party mediation services. Their commitment to transparency and fair resolutions contributes to their well-deserved reputation. In the following sections, we will take a closer look at Betway’s overall reputation.
When it comes to trust, Betway Sportsbook has certainly earned its reputation. With a valid license and regulation from a reputable gaming authority, they demonstrate their commitment to operating within the sports betting industry’s guidelines. Since 2006, Betway has been serving customers, establishing a track record that speaks for itself. Their long-standing presence in the market is a testament to their reliability and dedication to providing a secure betting environment.
One of the key factors that contribute to trust is Betway’s history of timely payouts and honoring winning bets. Customers can feel confident that their winnings will be promptly processed and paid out without unnecessary delays and there are no unresolved complaints or disputes against the sportsbook from customers or industry watchdogs, further solidifying their credibility.
In the rare event that an issue or dispute arises, Betway takes a proactive approach. They offer a dispute resolution process and actively participate in third-party mediation services, such as Bookmakers Review, to ensure fair and impartial resolutions.
Betway Licensing & Regulation
Betway Limited has been licensed and regulated in Great Britain by the Gambling Commission (license number 000-039372-R-319367) and they are licensed outside of Great Britain by the Malta Gaming Authority under (license number MGA/B2C/130/2006).
Both of the regulatory bodies that oversee Betway’s operation have strict guidelines that online sportsbooks need to adhere to in order to ensure safe and fair gambling practices.
BetWay Customer Satisfaction
Customer satisfaction is an essential aspect of any sportsbook and Betway strives to meet the expectations of its users. While their social media presence is strong, with an active Twitter account, it’s worth noting that they don’t actively engage with users but their presence on social media provides a platform for updates and announcements, keeping customers informed.
When it comes to independent reviews and customer testimonials, the overall sentiment is positive. Customers generally reflect a positive experience and express trust in Betway’s services. This reflects their commitment to delivering a satisfactory betting experience.
What sets this sportsbook apart is its proactive approach to handling customer complaints and negative feedback. They take customer concerns seriously and actively address them. By discussing customer issues with BookmakersReview.com, they demonstrate a willingness to resolve conflicts and improve their services. This proactive stance shows their dedication to customer satisfaction.
BetWay Banking and Payouts
Betway offers diverse deposit and withdrawal options, including credit/debit cards, e-wallets and bank transfers. Deposits are fee-free and processed instantly, while withdrawals are efficiently completed within a day, albeit with reasonable fees.
Multiple currency options are supported without conversion fees. However, Betway lacks specific guidance on cryptocurrencies and currently does not support crypto deposits or withdrawals. Overall, their banking services provide convenience and prompt transactions for users. Continue reading to find out more about Betway Sportsbook’s accepted banking methods.
Unfortunately, Betway Sportsbook does not support cryptocurrency deposits and withdrawals. While some users may prefer the convenience and security of using cryptocurrencies, they will not find that option available here. It’s worth noting that this limitation may disappoint those who are avid cryptocurrency users. This can be a missed opportunity for those seeking additional incentives or rewards for utilizing digital currencies.
For those who prioritize the use of cryptocurrencies in their online betting activities, this sportsbook may not meet their specific needs. However, for users who prefer traditional payment methods, this limitation may not significantly impact their overall experience with Betway.
When it comes to withdrawal options, Betway Sportsbook offers a diverse range of choices, with six different methods available. Whether you prefer credit cards, debit cards, e-wallets, bank wire transfers or other methods, they have you covered. The availability of such a variety ensures that users can easily withdraw their funds using their preferred method. In terms of processing times, Betway Sportsbook stands out with its efficient service.
Withdrawal requests are processed and completed within a day, allowing users to access their winnings promptly. While there are fees associated with making withdrawals, they are reasonably priced, especially when compared to other online betting sites. This is an advantage that adds value to the overall withdrawal experience.
BetWay Currency Options
The sportsbook offers support for multiple currency options, including USD, GBP and EUR. This variety allows users from different regions to conveniently transact in their preferred currency, avoiding the hassle and cost of currency conversions. Whether you’re based in the United States, the United Kingdom or Europe, you can easily manage your funds in your native currency.
One notable advantage is the absence of fees associated with currency conversions on Betway’s platform. This means that users can freely deposit and withdraw funds in their chosen currency without incurring any additional costs. This customer-friendly approach demonstrates Betway’s commitment to providing a transparent and cost-effective payment system.
Betting Odds
Betway offers a wide range of betting limits, allowing users to start with a minimum stake of 10 cents and gradually increase their bets. While limits may be slightly lower compared to other sportsbooks, users can request higher limits or exceptions. The sportsbook maintains a fair and competitive environment with comparable odds to other platforms.
Cash-out options are available for singles and select parlays. Odds updates are timely, but there are no specific tools or resources for monitoring or understanding odds changes. Betway does not offer reduced juice but has reduced margins for certain games. The platform lacks guidance on using cryptocurrencies and does not support crypto deposits or withdrawals. Despite these limitations, Betway provides a user-friendly and engaging betting experience.
Parlay Betting
This sportsbook offers parlay/accumulator betting options, allowing bettors to combine multiple selections into a single wager. While the availability of this betting type is a positive aspect, the overall experience may have some limitations.
Building and placing a parlay/accumulator bet on Betway’s platform is considered average in terms of ease of use. Bettors can expect a standard process but should not anticipate any exceptional features or functionalities.
One advantage of this sportsbook is the provision of resources and tools to aid with parlay/accumulator betting. Bettors can access expert picks or predictions, which can provide valuable insights when constructing their bets.
Compared to other sportsbooks, the parlay/accumulator betting options on this platform are slightly worse. Bettors may find more favorable offerings elsewhere, so it’s essential to consider this factor when deciding where to place their wagers.
It’s important to note that there may be limitations on the maximum payout for parlay/accumulator bets. These limitations are typically the same as those for single bets and depend on the specific sport.
Maximum Parlay Payouts
For games where you can place same-game parlays, Betway’s rules state that the maximum payout will be equal to the overall maximum payout on that particular sports league.
Overnight Odds
This sportsbook provides overnight odds, allowing bettors to access and place bets on upcoming events well in advance. The availability of overnight odds is a positive feature, as it allows bettors to take advantage of early opportunities and plan their wagers accordingly.
The competitiveness of the overnight odds at this sportsbook is considered average. While the odds are available early, they may not always offer the best value compared to other sportsbooks. Bettors should keep this in mind and consider shopping around for the most favorable odds. Similarly, the offering of overnight odds compared to other sportsbooks is also on par with other popular sportsbooks. Bettors can expect a standard experience and comparable options when it comes to accessing early odds.
BetWay Usability and Design
Betway’s user experience has some challenges, such as a simple and outdated design that may take time to navigate. However, once users are familiar with the platform, placing wagers becomes easier. Accessing the platform on different devices is convenient and customizable odds display options are available.
However, the platform lacks comprehensive accessibility features. Navigating between sports and events is relatively straightforward, but there are no personalized recommendations or customizable layouts. Compared to other sportsbooks, the ease of use is slightly worse. The search and filter options are functional but lack advanced features.
Promotions and Bonuses
New users will be delighted to know that Betway Sportsbook offers a generous welcome bonus. Upon signing up, you have the opportunity to receive up to $250 back in the form of a bonus bet if your first wager loses. To take advantage of this offer, simply opt in during the registration process.
Compared to other sportsbooks, the value of this welcome bonus is slightly better, giving you more potential to recover from an initial loss and claiming and using the welcome bonus is a breeze on Betway’s platform. The process is straightforward, ensuring that new users can easily access and utilize the bonus funds.
It’s important to note that the welcome bonus is applicable only to sportsbook bets and may have certain restrictions or limitations on the types of bets or sports that can be used with it, but for sports enthusiasts, this bonus presents a great opportunity to explore various betting options.
Welcome Bonuses at Betway
Known as the “First Bet Reset,” Betway Sportsbook allows users to get up to a $250 cash bonus if their first wager isn’t successful.
Upon meeting the necessary requirements, welcome bonus funds are swiftly credited to your account within hours, allowing you to make the most of the bonus and enhance your betting experience and while the welcome bonus cannot be combined with other promotions or bonuses, its standalone offering remains highly enticing.
Wagering Requirements
The sportsbook maintains clear and transparent wagering requirements for its promotions and bonuses, ensuring that users have a solid understanding of what is expected. While the wagering requirements may vary across different types of promotions, they are consistently presented in a clear manner, allowing users to make informed decisions.
Finding and understanding the wagering requirements for promotions and bonuses on Betway’s platform is easy, thanks to the user-friendly layout and intuitive design. The information is readily accessible and users can quickly grasp the specific requirements associated with each promotion or bonus.
To assist users in tracking their progress toward meeting wagering requirements, the sportsbook provides helpful tools and resources. These resources enable users to stay informed about their progress and make strategic decisions accordingly, enhancing their overall betting experience.
The flexibility of the wagering requirements is also worth mentioning. Before claiming any bonus, users are provided with a clear explanation of the applicable wagering requirements. This transparency empowers users to choose bonuses that align with their betting preferences and strategies.
Loyalty Program
When it comes to loyalty and VIP programs, Betway Sportsbook truly stands out. They offer the Betway Plus loyalty program, which provides users with a range of enticing features and benefits. As a member of this program, you’ll earn points based on your bets, allowing you to accumulate rewards over time. These points can be redeemed for exciting bonuses and free bets, giving you even more opportunities to enhance your wagering experience.
Compared to other sportsbooks, this loyalty program shines slightly brighter. Its simplicity and ease of participation make it a top choice for users. Joining the program is a breeze, requiring no specific requirements or qualifications. The more you wager, the more points you earn, making it accessible for bettors of all levels. The terms and conditions of the loyalty or VIP program are crystal clear, ensuring transparency and preventing any confusion. You’ll have a clear understanding of how the program operates and what benefits you can expect.
Redeeming rewards and benefits is a breeze, as the process is straightforward and user-friendly. Whether you prefer bonuses, credits or other enticing rewards, you can easily redeem your hard-earned points for the options that suit you best.
Sports and Market Coverage
Betway Sportsbook offers an exceptional variety of sports for betting enthusiasts. With over 30 sports to choose from, including major sports betting markets like tennis, motor racing and MMA/boxing, users have a wide range of options to explore. The inclusion of esports, featuring leagues such as Call of Duty, CS:GO, Dota 2, League of Legends, Overwatch, Rainbow 6 and other fan-favorite games caters to passionate esports fans.
The sportsbook ensures comprehensive coverage of both professional and collegiate leagues/events, ensuring that all exciting matches and tournaments are covered. While non-sporting events like politics or entertainment are not currently available for betting, the platform compensates with its focus on region-specific sports. Prominent soccer leagues, Canadian football and special event coverage like the Olympics add extra excitement. Betway Sportsbook offers a vast selection of sports and markets to suit every bettor’s preference. Continue reading to learn more about Betway Sportsbook’s betting market coverage.
Types of Bets
This sportsbook excels in offering a wide range of betting options, ensuring there is something for everyone. From traditional bets like Asian handicaps and point spreads to innovative features such as cash-out and partial cash-out options, bettors have ample opportunities to engage with their favorite sports. While individual player prop bets are not available, Betway compensates with other appealing features.
One notable advantage is the high maximum payout limits, which vary depending on the sport and league. Bettors can potentially earn significant returns, with caps ranging from $100,000 to $500,000 for soccer and $500,000 for horse racing. The sportsbook also allows customization through custom bets and specific odds requests, along with a user-friendly “Bet Builder” feature for personalized wagering.
For major events, Betway offers an impressive number of betting markets, including alternate lines, same-game parlays, standard parlays and futures. Bet boosts and enhanced odds promotions further enhance the betting experience.
Personalized Betting at Betway
Betway offers ways for their customers to personalize their betting experience. Their Bet Builder feature allows for sports bettors to fully customize their bets. Additionally, Betway allows customers to request specific betting lines. This is in addition to the wide range of betting options and betting markets, including more niche betting markets, that they already have on offer. This flexibility really makes Betway shine in this aspect.
In-play Betting
This sportsbook offers an excellent and extensive selection of in-play betting options, covering worldwide markets in major and minor leagues across multiple sports. Bettors can enjoy the excitement of live wagering on popular sports with instant odds updates, allowing them to make timely decisions.
While customization of the live betting interface is not available, the platform ensures easy access to a variety of options for in-play betting. The lack of visualizations or live statistics may be a drawback for bettors who rely on such features to enhance their in-play experience.
Live streaming of events is a notable feature, but it is limited to account holders and availability may vary by country. It would be beneficial if Betway provided clearer information about these restrictions and requirements.
Finding and accessing in-play betting options is straightforward, with a user-friendly interface that simplifies the process, though there are no special promotions or bonus codes specifically tailored for in-play betting enthusiasts. The absence of notifications or alerts for specific in-play events or changes in odds may also limit the convenience of bettors seeking real-time updates.
Customer Service
When it comes to customer support, Betway Sportsbook truly excels by providing round-the-clock assistance. With 24/7 customer support availability, you can reach out for help whenever you need it, no matter the time of day or night. This ensures that you never have to wait for assistance and can have your queries or issues addressed promptly.
The customer support team is highly responsive, providing instant responses to inquiries or issues. You won’t have to endure long wait times or delays in receiving the support you require. Their swift and efficient service adds to the overall positive experience.
Even during off-hours, the quality and effectiveness of Betway’s customer support remain commendable. You can rely on their knowledgeable and professional representatives to assist you with any concerns you may have.
While the 24/7 customer support is exceptional, it’s worth noting that Betway also offers self-help resources, but these resources may not cover all the answers you may need. Although they can provide some guidance, for more complex or specific inquiries, reaching out to the customer support team is recommended.
BetWay Review - FAQs
Betway Casino is licensed to operate in the following states: Arizona, Colorado, Iowa, Indiana, New Jersey, Ohio, Pennsylvania and Virginia. Users outside of these states can still enjoy the Betway Big Pick mobile betting app for a chance to win money without gambling.
Yes, Betway is one of the largest online sportsbooks in the world and has been operating since 2006. The company is headquartered in Malta and is licensed and regulated by the Gambling Commission of Great Britain.
Betway has been in operation for over a decade and is certified by two third-party entities committed to safe and fair online betting, which makes it an exceptional option in terms of safety.
If you want to use BetWay for the first time, you will need to register for an account and deposit funds. The registration process is very straightforward and only requires users to fill out a quick form. After that, you will be able to deposit and make your first wager.
When it comes to the deposit limits, the minimum deposit at Betway is just $10, making it the perfect place to get started if you are new to online sports betting.
Withdrawing your gambling winnings from Betway is simple and secure. You can easily navigate the cashier section on desktop or mobile devices and select an amount and withdrawal method. Players will be asked to confirm their details during the withdrawal process as well.
Betway has a maximum payout of £500,000 per day across all sports. Some leagues have maximum payouts of £500,000 on their own while others range from £10,000 to £250,000. Maximum payouts have been set in GBP (£) on the sportsbook and a currency conversion will be applied at settlement.
Betway makes checking the status of your bets simple. In your account, simply navigate to the “My Bets” tab and the status column will show either “won,” “lost” or “pending” based on the status of the bet. When you win, the funds are credited to your account immediately.
Yes. The biggest Betway jackpot, an impressive €17.9m, has been certified by Guinness World Records as the “largest jackpot payout in an online slot machine game” to date.
