Betway Sports Betting Review (2020)
Launched in 2006, Betway has seen its fair share of obstacles in its time. Following a shaky start plagued with constant customer complaints, this bookmaker changed its management and in recent years has managed to undergo a sharp turnaround and is soaring to new heights at a remarkable speed. But can Betway now be considered an elite level betting company to compete with the best? Or does it still have some skeletons in its closet? Keep reading our in-depth Betway review to find out all you need to know about betting with Betway!
Table of Content:
Registration Process (5/5)
- Quick and easy registration
- Minimal information required
- No need to deposit straight away
- Verification necessary
Registering an account with Betway is a very straight forward process. All you have to do is create a username and password, and enter your name, surname, DOB, country and address. At this point you can also choose your preferred language and currency and set any daily, weekly, or monthly deposit limits on your account – which we think is a very nice touch at this stage. You are not obliged to deposit any funds into your account when registering, which allows you to explore the full features of the site in depth before committing to play.
Betway states that they will try to automatically verify your information based on the details you entered when registering, however if they are unable to do so, you will be requested to provide verification in the form of a copy of photographic identification, a copy of a recent utility bill, or a copy a recent bank account statement. Once registration is complete, you will be redirected back to the homepage.
Deposits and withdrawals options (4/5)
- Variety of payment methods
- No fees or maximum deposits/withdrawals
- 12 different currencies accepted
To deposit money into your account, navigate to the ‘bank’ tab at the top of the page. Betway offers numerous payment methods include via credit/debit card, Skrill, Neteller, paysafecard, ecoPayz, and Neosurf. The minimum deposit amount is £10 for all payment types (except Neosurf because no information was provided). Payments can be made in 12 different currencies and there are no deposit fees and no maximum deposits at Betway.
When making a withdrawal, the money will be sent back to the same method of payment used when making a deposit. The minimum withdrawal amount is £10. Just like its deposits, Betway does not have any maximum withdrawals and does not charge any withdrawal fees. In our opinion, this section of Betway is very good but could be made slightly better by providing some extra information such as payment processing times. At the time of writing Betway does not accept cryptocurrencies as a form of payment.
Welcome Offer (4.5/5)
- 100% bonus offer
- £10 minimum deposit
- Must be used within 7 days
- Numerous countries excluded
When visiting the site, one of the first things that will catch your eye is the animated banner displaying Betway’s welcome offer. This consists of 100% bonus up to £30 – meaning that if, for example, you deposit £20, Betway will award you an extra £20 as a bonus but if you deposit £40, you will only receive the maximum £30 bonus. In order to activate this offer, you will need to deposit a minimum of £10 using PayPal in your account and place a single bet at odds of at least 3/4 or an each way or system bet at odds of 2/5 or over. The offer will expire 7 days after the first deposit is made, irrespective of whether it has been activated or not.
It is important to note that accounts registered in the following countries will not be eligible for the welcome offer: Armenia, Austria, Bangladesh, Belarus, Belgium, Brazil, Canada, Croatia, Finland, Georgia, Germany, Liechtenstein, Luxembourg, India, Italy, Ireland, Kazakhstan, Norway, Moldova, Russia, Spain, Sweden, Switzerland and Ukraine.
Sportsbook Promotions (5/5)
- Many sportsbook promotions
- Covering a variety of sports
- BetwayPlus VIP programme
At the time of writing, in addition to their welcome bonus, Betway offered its players 5 different promotions in a variety of sports including football, NHL, NBA, and esports. These promotions, offered through their BetwayPlus programme, consisted of money back specials when betting in-play on specific matches, receiving a payout if the team you backed leads by 2 goals or 12 points (depending on the sport) but doesn’t win the match, and free bets when spending a certain amount of trebles bets. A very good variety indeed. The esports portion seemed especially exciting as it consisted or a series of bronze, silver and gold stages where players will receive greater rewards as they progress through the different tiers.
Next up on our Betway review we will look at the company's loyalty offerings. Through its BetwayPlus facility, Betway offers its players a reward programme using a VIP points system whereby the more you bet, the more tokens you will receive. As you progress through the different tiers, the quality of the rewards offered increases significantly including some such as personalised customer offers, prioritised withdrawals, exclusive gifts, and invitations on VIP trips. With every £10 played, you can earn up to 2.5 tokens and this programme is also applicable to games played on Betway’s casino platform.
Pre-Match Offer (5/5)
- Fractional, decimal and American odds
- Strong sportsbook and esports offering
- Very competitive margins
- Cashout and betbuilder available
Being a predominantly sports betting company, Betway’s sportsbook offers a substantial amount of betting options for its players, with no less than 27 different sports to choose from at the time of writing. Within each sport, the number of leagues available to play is also very high. In English football, for example, you can place bets on match across the country, from the the top-tier Premier League all the way down to the bottom level National League North and South.
The sheer number of submarkets offered by Betway is simply staggering, however if you are not content with what they are putting out, their betbuilder allows you to create your own bet. The choices on what you can bet on at Betway are therefore near infinite! Another great feature of their sportsbook is the useful match statistics that are provided prior to the start of the games. These important pieces of information may prove to be the difference between coming out of your bet victorious or losing it all and should not be neglected.
To assess whether Betway’s margins are favourable to their players, we looked at the odds overround. This is a calculation whereby the total odds offered by the bookmaker are added together and the total percentage is obtained. Logically the total should come to 100% however this does take into the consideration the profit made by the bookmaker. We can therefore say that any result below 110% is typically considered to be a good result. When making the calculation we looked at 3 football matches from the English Premier League, Italian Serie A, and the German Bundesliga. The results came to 105.4%, 105.1%, and 105.4% respectively, which show that Betway offers competitive and good quality odds to its players.
It is clear that Betway has put a lot of work into developing its esports platform even giving it its own dedicated section on the website. You can place wagers on a variety of games including CS:GO, League of Legends, Dota 2, and Starcraft 2 with a substantial amount of submarkets available on each game. As mentioned earlier in this Betway review, the bookmaker even provided multiple esports promotions and bonuses to their players – which is definitely not something that many betting companies seem to be doing. If you are unfamiliar with the world of esports and curious to know more, you can check out our beginner’s guide here which covers all the basics you need to know to get started with esports betting.
In addition to sports and esports, on Betway you can also place wagers on current events taking place all around the globe. Some examples of these include betting on whether the UK economy will enter a recession, who will win Love Island, and who will triumph at the Oscars. That will definitely make for an exciting year ahead!
Cashout and Betbuilder
We’ve already touched on Betway’s very handy betbuilder – the great feature which allows you to create your unique bet slip from scratch. Betbuilders are fast becoming a must-have feature on betting sites so the fact that Betway is one of the early adopters of this shows their intent to compete at the top level of betting. Regarding the bookmaker's cashout feature, we’ve written a separate useful in-depth Betway review about how it works and how you can take full advantage of it. Check it out here.
Live Offering (5/5)
- Quality in-play system
- Live-streaming available
Continuing from its fantastic sportsbook, Betway’s in-play sports offerings are on the same superior level. There is wide range of sports, leagues and markets to play on and at any given time of day, you are bound to find something that is currently playing live. Couple this with some detailed statistics and top-quality live streaming service and you are good to go. Take a look at our detailed guide about Betway’s live stream here to see how you can enjoy this service to the max.
- Licensed by the British Gambling Commission + others
- In-depth responsible gambling section
- Audited by eCOGRA
Betway is licensed and regulated by the British Gambling Commission for its operations within Great Britain. Internationally, the company holds a license by the Malta Gaming Authority.
As we touched on when reviewing Betway’s registration process, from the outset the company makes it clear that it supports responsible gambling and will readily guide its players who are concerned about any potential oncoming betting addictions. Betway provides its users with tips on how to gamble responsibly, provides information about self-assessments and help organisations that players can reach out to, such as Gamblers Anonymous, engages is identity checks to ensure that users are verified and of the appropriate age to play, and provides activity statements which show the various amounts that have been deposited, withdrawn, and wagered in the last 6 months.
Service and Customer Support (3.5/5)
- Very detailed help section
- 24/7 customer support
Betway’s help section is extremely detailed and provides thorough answers to a multitude of questions that its players might need assistance with, as well as some good information on betting rules. For those instances where the help section might not sufficiently answer your query, you can contact customer support through ‘live chat’, by email, or by phone.
That being said, the only contact details we found (which were the email and phone number) were listed under the Responsible Gambling section at the bottom of the page and were therefore not very easy to find. Also, the link to the live chat redirected us to the help page where there was no trace of any live chat to be found. We would like to point out that when verifying if other reviewers had similar experiences with the live chat function, it seemed that they did not, and the majority of reviewers actually praised the feature. We have to say we were left feeling rather confused with this one.
Design and Usability (4.5/5)
- Great interface
- Easy to manoeuvre through site
- Available in 11 different languages
- Extensive blog section
We think Betway’s design is one of the best things about it. Its monochromatic colour scheme combined with very colourful touches give it both a smart, executive feel whilst simultaneously remaining vibrant and fun too. In terms of layout, the site is organised nicely. There are no cheap gimmicks, and the promotional banners displaying the different offers are not excessive and cluttered. Most of the information is relatively easy to find however we would have liked the contact information to be more readily accessible. There were also some links on the site which seemed to not be working so some bug fixing issues are needed.
On a positive note, Betway has an extensive blog section, referred to as betway insider, where the bookmaker provides a lot of quality content for its players. This very modern-looking blog is constantly updated and presents readers with news, tips, discussions, quizzes, insights and much more, and in our opinion is definitely worth checking out. Betway offers its services in 11 different languages including English, Italian, French, German, Spanish, Finnish, Swedish, Norwegian, Danish, Portuguese, and Russian.
- Fantastic mobile app
- Very well designed
- Live streaming and cash out available on mobile
Betway offers a free mobile app for Apple, Android, and Windows Phone users. Just like its parent site the Betway mobile app has a great-looking interface with countless features being just a swipe away. Everything is easy to find, and the nicely sized icons makes tapping with your fingers a breeze. We did not encounter any glitches while using the app which is unsurprising given that Betway have clearly put a lot of effort into producing a highly optimised mobile experience for its users. If a solid, reliable betting experience that you can use while on the go is what you are looking for, then you really cannot go wrong with Betway. If you would like to read our full review of our experience using the Betway’s mobile app, you can click here.
- Casino, slots, bingo and more offered
- Both quantity and quality products
- Casino welcome bonus 100% up £250
Although known primarily for its strong sportsbook portfolio, Betway also offers a suite of other products including casino, live casino, slots, bingo, scratch games and more. Combining both quantity and quality, Betway’s 500+ games offer players solid win rates and very quick payouts. You can switch from one product to another without needing to log out by navigating between the different product sections at the top of the page.
Similar to its sportsbook welcome bonus, Betway offers its new casino players a 100% bonus up to £250. The minimum deposit required is £20 and the bonus must be wagered 50x to redeem this offer. If you are someone who enjoys betting both on sportsbook as well as casino style games, this might very well be the platform for you.
ThePuntersPage Final Say & Overall Rating
Despite its rocky beginnings, Betway has come an impressively long way. Whilst there are still many people who still don’t feel comfortable using this bookmaker due its past, we highly disagree with that approach. Yes, the company is not perfect and yes, we would have liked to see a better customer support function, more information when making a deposit, and better-quality links on site – to the say the least. But with a huge sportsbook offering competitive odds across wide range of sports, a variety of great promotions, top-notch security, and a highly reliable mobile app, we do believe that Betway deserves a place towards the upper end of the betting hierarchy. The bookie is getting better and better each year and, in our opinion, should be a seriously considered by all new bettor’s when deciding where to play.