Betway Sportsbook Review

Betway Sportsbook Review

Betway is a major European sportsbook with a reputation for quick payouts, a reliable live streaming platform and excellent customer service. It was already licensed in 23 jurisdictions in Europe, Africa and South America by the time it expanded into the U.S. in 2021.

Betway entered into an agreement to purchase Digital Gaming Corporation, which gave it immediate access to 10 U.S. states, including Pennsylvania, New Jersey, Colorado, Indiana and Iowa. The next step is to seize market share from established rivals like FanDuel, BetMGM and DraftKings, and be in new states like Arizona, when legal betting launches. As such, this popular online bookie is offering an attractive welcome bonus and some unique betting lines in a bid to stand out.

Pros and Cons

Pros
Huge list of betting options on an excellent wagering platform
Offers reliable living streaming
Runs lucrative sportsbook contests
Cons
Risk-free bet bonus is smaller than rivals
Fewer promotions than competitors

Betway Review Summary

Betway is a reputable sport betting brand with a long history of paying customers out in a swift and reliable fashion. It uses a white-label sportsbook platform from SBTech, which allows it to cover a long list of sports in exceptional depth. The odds are average, but the sports wagering platform is extremely polished. Betway is currently offering a modest welcome bonus, but we expect it to launch more innovative promotions in the future. The Betway app is one of the best in the business, and the desktop Betway sportsbook site is also very easy to use. It is an excellent choice for all sports fans, with broad betting limits and great customer service.

Betway Online Sportsbook

Betway is a global online sports betting operator with headquarters in Malta and additional offices in London, Madrid and Guernsey. The brand is famous for sponsoring a huge range of sports teams and tournaments. It is the shirt sponsor of Premier League club West Ham and is also the largest active sponsor of UK and Irish horse racing meetings. In the U.S., it has tied up brand partnerships with the Chicago Bulls, Golden State Warriors, Brooklyn Nets and LA Clippers.

A holding company called Super Group owns Betway, along with an online casino brand called Spin. The group has 2.5 million active monthly users. In the 12 months to March 2021, it handled more than $42 billion in wagers, so it is a major player in the global gambling industry. It tied up a deal in 2021 to acquire Digital Gaming Corporation, which gave the group market access to 10 states including New Jersey, Pennsylvania, Colorado and Indiana. Betway sportsbook made its U.S. debut in the Colorado betting market in March 2021, and the plan is to rapidly roll the brand out in states that legalize sports betting in the future. It is likely betting in Arizona and Maryland will be launched in the fall; Betway could be one of a handful of sportsbooks to go live.

Super Group appointed former NFL executive Eric Grubman as chairman ahead of the U.S. launch of the Betway betting site. It also bolstered its board with the appointment of former Cleveland Browns president John Collins. It teamed up with a special purpose acquisition company called Sports Entertainment Acquisition Corp. to create an NYSE-listed global sports betting and casino company with no debt and a $200 million cash balance. That should give it an ample war chest for promotional credits as it bids to carve out a slice of the online sports betting pie in the U.S.

Betway Sportsbook Promo Code

Betway will give new customers a risk-free bet worth up to $250. To qualify, simply sign up for an account, make a deposit and place a bet on Betway sportsbook of up to $250 on a game you like. If your bet wins, you can keep the profits and your risk amount. If it loses, you will get a full refund in the form of site credits. You can then use this credit to place another bet, and Betway sportsbook will then allow you to withdraw any winnings you might earn from that wager.

To meet the Betway Sports online gambling regulations and requirements, the minimum deposit required to qualify is $10, and you must wager it on a sports betting market with odds of at least -330 within seven days of registration. Rival sportsbooks offer a larger risk-free bet for new customers, so we hope to see Betway up the ante in the future.

Registering at Betway

The registration process at Betway is quick and straightforward. Simply follow these steps:

  1. Click on the green “Join Now” button at the top right of the Betway sportsbook homepage
  2. Enter your full name, choose your state, enter your email address, create a password and username, and agree to the terms and conditions
  3. Click “Sign Up”

You will then be required to prove your address and identification via a KYC (Know Your Customer) process. It is simple to complete, and you can contact the customer support team if you have any problems opening a Betway sportsbook account. You can then choose your preferred odds format, language, time zone and date/time format. Make your first deposit, claim the bonus and then start wagering. If you are wondering how to bet on Betway online, you can read about your various options below in our Betway sports review or contact the customer service agents.

Betway Sports Betting

The top U.S. sportsbook is powered by award-winning white-label provider SBTech, which merged with DraftKings betting site in 2020. This allows Betway to offers bets on thousands of sporting events each week. The main sports covered are:

  • Football
  • Basketball
  • Baseball
  • Hockey
  • Tennis
  • Soccer
  • Golf
  • MMA

Each of these sports is covered very thoroughly. For example, Betway covers more baseball leagues than any other sportsbook in its competitive set. You can naturally bet on the NBA , NCAAB, WNBA and all the leading European leagues, but it also includes basketball games in Australia, Bosnia & Herzegovina, Iceland, Macedonia, New Zealand, Uruguay and Venezuela. There are generally more than 170 different betting options on an NBA game, including alternative spreads and totals, winning margins, game props, player props, quarters and halves. It also features an excellent same game parlay builder.

The baseball section features games in South Korea and Japan alongside online MLB betting and college baseball. Hockey fans can bet on a variety of international leagues, while the CFL is covered alongside NFL and NCAAF games. There are hundreds of betting options on each {anchor("NFL game","BDC - EN - League",55,"","","","gtm-content-internal-links") !!}, and lots of exciting futures betting markets too.

Betway USA also takes bets on:

  • Aussie Rules
  • Badminton
  • Boxing
  • Cricket
  • Darts
  • Floorball
  • Futsal
  • Handball
  • Motor Racing (NASCAR, IndyCar, Formula 1, Moto GP)
  • Pool
  • Rugby League
  • Rugby Union
  • Snooker
  • Volleyball

That is a longer list of sports than most U.S. betting sites provide. It is very rare to find badminton, floorball, futsal and pool covered, while many sites neglect volleyball too. Our Betway review should also point out that it covers these sports in great depth, with lots of niche leagues and prop bets on offer.

Betway Site Experience

The Betway sportsbook is very polished and attractive. It has opted for a modern, stylish gray -on- black color scheme, and it looks a lot more aesthetically pleasing than some of the other sites that use the SBTech template. We were really impressed by the ease of navigation when we tested it out for our Betway sportsbook review. There is a search function, which many sportsbooks overlook, and the overall site is laid out in a thoughtful manner.

The pages are clean and orderly, and the Betway bet slip is easy to use. Most U.S. sportsbooks use the sportsbook platform provided by Kambi, so this is a rare opportunity to enjoy SBTech’s excellent product. One key benefit is that the Betway sportsbook offers you a wealth of stats on each game before you place a bet, which is really helpful.

Betting Interface: Very User-Friendly
Mobile Betting: Yes
Betting App: Apple, Android
Live Sports Betting: Yes
Live Sports Streaming Yes

Mobile App Experience

The Betway app is one of the best on the market. It has an average rating of 4.7 out of 5 on the App Store after receiving more than 20,000 reviews. Only FanDuel sportsbook has a better average rating out of all the sports betting apps available in the U.S. It is easy to see why players enjoy using this app, as it is well-designed. The Betway sportsbook app is accessible and easy to navigate, so you should be able to get your bets on quickly and effectively. Cashing out is also easy via the app. We were impressed with the functionality when we tried it out on different Android and Apple devices.

Betway GeoComply

You will need to install a GeoComply plugin to run alongside the Betway online sports betting app. This is standard procedure for all legal sportsbooks. It proves you are based in a state in which Betway is legal. You can download GeoComply and go to “Settings,” then select the Betway sports betting app and change the status to “Always” to ensure you will encounter no issues.

Quality of the Odds at Betway

The odds at Betway are average. It rarely offers the best prices on the market, nor does it offer the worst odds. However, it does offer some opinionated lines. For example, when most sportsbooks are offering -110 on either side of a point spread, Betway will often go -105 / -115. If you like the team with odds of -105 to cover, you can unlock great value. A good betting strategy will be useful to make the most of your experience.

Notable Features

The Betway sportsbook contains several useful features that hand players a greater degree of control over their wagers.

One-Game Parlay

When you click on a particular game you want to bet on, you will be invited to “Create 1-Game Parlay.” If you tick this box it will highlight all the markets that can be combined into a same game parlay bet, while the other markets will fade into the background. It makes the whole process smooth and simple.

Add to Bet

This feature allows you to add new picks to any open bets. It allows you to modify your bet without having to place a new wager.

Cash Out

The Betway betting platform allows you to exit your wagers early to lock in a profit or claw back some of your risk amounts. Most sportsbooks now offer this feature, but Betway stands out by allowing full and partial cash out. That allows you to exit part of the wager and keep some money riding on the outcome of the event. Before you place a bet, you will be informed if it is covered by the cash out function at Betway sportsbook.

Live Streaming

Betway offers live streaming betting on a wide range of sports, from hockey betting and soccer to tennis and volleyball. Just click on any event with a TV icon and you will be taken through to a live stream of that event. You can choose from lots of different live wagering options while the game unfolds.

Understanding Betting Options at Betway

Betway provides more than 100 different betting options on all the biggest sporting events of the week. It has dozens of bet types available on niche games too, including pre-game and in-play wagers. There are plenty of futures bets on display, and you will find prop bets, alternate lines and other exotic bets within each game. You can combine selections for parlays, round robin betting and other multiples on a user-friendly bet slip.

Minimum Bet

The minimum bet accepted at Betway is just $0.10, which should suit sports fans on a tight budget.

Maximum Bet

The maximum you can win on any bet on soccer, baseball, basketball, football and ice hockey at Betway is $500,000. It goes down to $250,000 for golf, $200,000 for tennis and $100,000 for MMA/UFC bet wins, boxing and cricket, with lower maximums on all other sports. If you want higher limits, Bet365 allows you to win up to $5 million.

Reduced Juice

Betway is not a reduced juice sportsbook, because it does not offer better than -110 on each side of its betting lines. However, it does often provide -105 / -115 odds when its rivals offer -110 / -110, so you can enjoy appealing nickel lines on certain teams.

Deposit & Withdrawal Methods at Betway

Betway offers a slightly narrower range of deposit and withdrawal methods than some of its competitors. However, you should find an betting payment option that appeals, and the overall process is quick and smooth.

Depositing Money

You can opt for Visa, Mastercard, Discover, PayPal, ACH online banking transfer, a Play+ card or a PayNearMe cash voucher to fund your account. It does not offer American Express, Skrill or Neteller. The minimum deposit is $10. There are no official maximum deposits, but it might be worth contacting the Betway sportsbook customer support team if you plan to make a large payment into your account.

Withdrawing Money

The Betway payout team can send an echeck directly into your online checking account via ACH. Alternative Betway payout options include a Betway Play+ card and PayPal. Betway is generally quick to approve payout requests.

How Does Betway Payout?

ACH transfers take up to seven business days, but they are often much quicker, while Play+ and PayPal transfers should arrive in less than 24 hours. Of all the Betway payout options, Play+ is generally the quickest.

Betway Sportsbook State Restrictions

Betway plans to launch in 10 different states following the aforementioned deal to acquire Digital Gaming Corporation. Many sportsbooks opt to make New Jersey their first foray into the US market, but the Betway app actually went live in Colorado, followed up by Pennsylvania, New Jersey and most recently Indiana.

Betway Colorado

Betway became the 20th sportsbook provider to secure a license from the Colorado Division of Gaming when it went live in March 2021. Betway has inked partnership deals with Brooklyn Nets, Chicago Bulls, Cleveland Cavaliers, LA Clippers, Golden State Warriors, New York Islanders and Los Angeles Kings to bolster its reputation in the United States.

Betway Casino

Betway runs a high-quality online casino in several markets around the world. It hit headlines around the world in 2014 for paying out more than $20 million to a British bettor that hit the jackpot on the Mega Moolah Slot. Betway offers lots of progressive jackpot slots alongside many other games provided by Microgaming. It features a wide variety of table games and has a very strong live dealer section, so American bettors can look forward to a great experience when the Betway casino goes live.

Loyalty Program

Betway has not yet provided any details of a loyalty program for U.S. bettors. In the UK, it runs Betway Plus, a loyalty plan that rewards customers for betting on sports and playing casino games. It would be great to see that program offered in the U.S.

Betway Customer Support

Betway offers 24/7 customer support via live chat. We were connected quickly to helpful agents when we tested out the service for our Betway sportsbook review. We found the staff to be friendly and responsive. There is also a wide-ranging FAQ section that provides answers to most questions that beginners might have.

Safety and Security

Betway has always enjoyed a strong security record. It uses robust SSL software to encrypt personal and transactional details, and it takes safety seriously. In 2021, a hacker on a forum claimed to have details of 500,000 UK Betway customers, which could be sold to bidders, but that appeared to be a false claim designed to scam any potential buyers. Security is of the utmost importance, and we have found Betway to offer similar, if not the same, safety protocols as other top sites like TwinSpires sports.

Responsible Gambling

In March 2020, Betway was hit with a record fine of $16.4 million for a series of social responsibility and money laundering failures, and it accepted that it had failed to verify the source of its customers’ funds. The UK Gambling Commission stated that it had discovered “inadequate management oversight.” Betway sportsbook was ordered to implement a “package of measures” to ensure that it did not happen again, which it has. There is a green "RG" icon at the bottom of the home screen that takes you to Betway's responsible gambling page, which includes information and resources to help customers identify issues and seek help.

Our Verdict of Betway Sportsbook

Betway had a low-key launch back in 2006, and it initially had a poor reputation. It was blacklisted by some sites following the Betway sportsbook review process in the early days. However, it then changed its management, overhauled its business strategy and went on to become one of the world’s leading online sports wagering companies. It has been on an upward curve for several years and has great potential in the US market.

The site benefits from impeccable design and supreme user-friendliness. Betway sportsbook makes betting effortless and fun, and the app is a lot easier to use than many rivals. The odds are unremarkable compared to some of its rivals, but you can benefit from excellent coverage of a huge range of sports and an impressive in-play section. The promotions are solid, customer service is strong, and you can choose from several reliable payment options, and some of the opinionated lines are exciting, while the Betway sports betting app is magnificent, so it is well worth signing up for an account. Sign up today to claim an exclusive promotional offer at Betway.

Betway Sportsbook FAQs

Is Betway Sportsbook Legit and Legal?

Betway is a legal and legitimate online sportsbook brand that holds licenses in 23 countries across the globe. It is part of a large, well-respected online gambling group with an excellent record for regulatory compliance. You can bet at Betway Sports without any concerns whatsoever.

Can I Join Betway from the USA?

Betway entered the US market in 2021 after tying up a deal to acquire Digital Gaming Corporation. That gave the Betway sportsbook market access for 10 different states, and it should be rolled out across the country quickly. Right now, it is available in New Jersey, Pennsylvania, Colorado, and Indiana.

What States Can Use Betway?

The Betway sportsbook app first launched in Colorado in March 2021. It now has access to 10 different states, including New Jersey, Pennsylvania and Colorado.

Can I Bet for Real Money at Betway Online Sportsbook?

You can certainly place real money wagers at Betway Sports USA provided you are at least 21 years of age and located in a state where the brand is legal. You have several convenient banking methods for a deposit and withdrawal at your disposal, and you will be paid out if you win.

How Do I Deposit Money into my Betway Account?

Betway sportsbook accepts Visa, Mastercard, Discover, PayPal, PayNearMe and online banking transfers as deposit methods. You can also sign up for a Betway Play+ card. All deposits are free.

How Long do Withdrawals take at Betway?

The withdrawal times at the Betway betting site depend upon the method you choose. Popular options are ACH Play+ and PayPal. The latter two should take less than 24 hours, while an ACH transfer can take up to seven business days, but it is generally a lot quicker than that.

How Does Betway Sportsbook Payout?

Betway sportsbook offers a few different payment options. You can request a withdrawal direct to a Betway Play+ card or opt for a Betway echeck via ACH, or PayPal. All withdrawals are free.

Is the Betway App Good?

The Betway sportsbook app is one of the best on the market. It has a very high average user rating on the App Store, and we enjoyed using it during our Betway review. The app offers excellent functionality, and it makes sports betting simple.

About the Author

Martin Green for Bookies.com
Martin Green
Martin Green spent five years working at William Hill before becoming a journalist in 2009. He began working as a sports writer and professional tipster in 2014.