Betway Sports Review

15 minutes read time
Betway Welcome Bonus

Unavailable in US 

Verified Bonus

Licensed InKahnawake Gaming Commission, Malta Gaming Authority
Deposit OptionsVisa, Mastercard, Skrill + 5 others
Free Welcome BonusWelcome Bonus up to C$100
Betway Site

Betway

  • Respectable welcome bonus
  • Trusted reputation – over 13 years in business
  • Offers many different wagering types
What we disliked?
  • Small welcome bonus for UK

Betway has arrived on the sports betting landscape with all the sound and fury a great sportsbook can carry. Since 2006, the company has been operating as one of the established benchmark-bearers, offering great lines, fantastic odds, and many a decent bonus. Catering to a truly global audience, the sportsbook holds licenses from both the UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA). In today’s review of Betway Sports we will focus on establishing everything you need to know about this bookmaker.

Use our table of contents to navigate directly to our Betway withdrawal review or check the legal status of the sportsbook in your country or state. For your ease and comfort, we have displayed all payment options available at the sportsbook on the left-hand side, making it easy for you to know your way around the banking facilities.

Betway Sportsbook History & Background

Betway Sports has been around for a fair while now. Operating chiefly in the United Kingdom, courtesy of the company’s UKGC license, the company first saw the light of day in 2006 and started a broad expansion campaign. Betway Sports quickly moved past the UK and ventured into overseas markets, courtesy of its MGA license.

Focusing on Canuck and UK gamers has been one of the priorities of the sportsbook and today the company is localized to specifically cater to Canadian, European and UK gamers. While the United States still remains a bit of a grey area for the bookmaker, North America is definitely an interesting stop for the company a potential future market.

Not only that, but in June 2019, Betway announced plans to expand into South America, and specifically Buenos Aires, Argentina. At home, the company has been calling for ‘clean sports betting,’ demonstrating a commitment towards creating a safer environment for punters*, the UK slang for a bettor or a person who bets on sports.

Reasons to Bet at Betway Sportsbook

You will find well over 30,000 reasons to bet at this sportsbook. This is the number of the available markets here and for some 2 million sports fans, this is a good enough reason to open an account here. The variety of markets is backed by a quick and nice user interface (UI) that will make navigation simple. More importantly, there are constant highlights of games and events you may be interested to bet on using the unique free bets and Betway booster features.

review betway sports in play section
Betway’s UI is easy to read and simple to navigate

Betway’s Sponsorships and Reputation

With possibly millions of bettors wagering daily, the sportsbook has a lot on its plate. Yet, in terms of reputation, Betway’s name continues to stand tall. Apart from offering a comprehensive sportsbook solution, Betway similarly focuses on teaming up with a majority of establish sporting organizations.

Today, Betway is one of the main sponsors of West Ham United, Club Deportivo, Levante L.D., Deportivo Alaves, Leicester City and Brighton. The company has sponsorship deals with esports organizations as well, in the face of LGD.PSG and Ninjas in Pyjamas, which make it a unique sportsbook.

Each name on the list is a sure-fire benchmark of the quality of Betway and if you are a fan of these sporting organizations, signing up for an account at this sportsbook doesn’t seem like a bad idea at all.

Betway Cashout

Innovation is at the heart of Betway and so the sportsbook has done its best to keep a unique digital footprint that ultimately benefits the bettor. Such one option is the ‘Cashout’ function that allows you to settle bets during in-play and pre-game contests.

By using Cashout you can settle payments before an event has finished. This feature is handy, but it’s only available for a number of specific sports and markets, so some preparation should go before you bet relying on this feature exclusively.

The good news is that the better of a punter you become, the more benefits you will get out of the ‘Cashout’ option.

Live Streams and Following Sports Up Close

Thanks to over 13 years in business, Betway Sports has made it possible to watch live events right from the website, via the live streaming option. In-play wagering is not only about placing a bet, it’s also about enjoying the game. When on the go, opening a separate website to watch might be a bit of a hassle. Therefore, using the quality live-streaming feature integrated directly into Betway will help you have an enjoyable experience.

Areas of Improvement for Betway Sports

A well-balanced Betway review will inevitably have to point out some of the areas in which the company can improve. For starters, the sportsbook can definitely focus on the North American market a little more, and specifically on the United States. Meanwhile, the company has been able to establish a transparent way of doing business.

In the early days, Betway had run-ins with independent auditing services and specifically industry observers. None of this exists today and the company stands tall both at home and in its overseas markets, as confirmed by its continuous expansion.

Objectively, the only area where Betway must focus its efforts is gaining a better foothold in the US and try to consolidate its offer in Canada.

Sports Betting Markets

Betway has over 30,000 available markets to bet on, the company says. Our independent review established that this number may in fact be an understatement. There are 36 main verticals from which players can pick and choose.

review betway sports betting page
A varity of sports are available to wager on at any one time

This includes great betting options such as soccer, tennis, basketball, American football, rugby, ice hockey, golf, and many others. Horse racing and greyhound races are also featured as part of the main market.

For each market that offers an in-play option, you will see a ‘LIVE’ icon next to it. Meanwhile, the specific bet types you can place vary from the well-familiar Home, Draw, and Away bets to sports-specific wagers. For soccer, you will find Total Goals, Both Teams to Score, Double Chance, and many others. To make tracking contests simple for the end user, the sportsbook has a ‘Betway matches today’ option that quickly lists all available games and competitions for the day.

Betway tends to shift the types of available bets around, so make sure to keep an eye for some new opportunity to wager.  Interestingly, some markets are down to just a few options. For example, American football offers Money Line, Point Spread, and Total Points.

Ice Hockey has an interesting ‘Overtimes and Penalties’ bet for the match winner and for baseball, you will find run line and total runs. It’s interesting how the sportsbook localizes its offer. While soccer games are listed with ‘home’ and ‘away’ bets, all American sports, for example, use the betting vernacular specific to the country.

Betway Sports Bonuses and Promotions

Promotions are a big deal for any sportsbook. This is a chance for a new company to distinguish itself and an established one to keep the interest in its portfolio going. Betway’s promotions come in all shapes and forms and punters can benefit from great free bets all week long.

There are a few things to keep in mind regarding your current location, as this mostly has a direct bearing on what promotions are accessible to you. All things considered, though the Flexi Bonus System is quite innovative and definitely worth a look into. Check out how Betway innovates sports bonuses below.

$100 Welcome Bonus

review betway canada home page
Betway offers a reasonable welcome bonus for new sports players (left bonus)

Betway will allow you to start your betting with a 100% matched $100 welcome bonus. You simply need to deposit the minimum qualifying amount which is $10 and this will grant you additional $10 in bonus play funds. The bonus can be claimed within 7 days of registration and you have up to 30 days to play through the offer once you accept it. The wagering conditions that comes with the Welcome Bonus is 10x the bonus amount granted.

To use our example from above, if you deposit $10 and receive $10 in bonus funds, you will need to stake your $10×10 times within the next 30 days, for a total of $100. And what matters here is that you can cash any time you wish, courtesy of the Flexi Bonus system. But what is that really?

What’s Betway Flexi Bonus?

The Flexi Bonus is a bonus system developed by Betway Sports to help you cash out money from the casino while a promotion offer is still active.  For decades, sports fans have wished for something more flexible when it comes to bonuses. To avoid confusion, the company has completely reinvented the sports betting system.

The company uses a ‘Bonus to Cash ratio’ (BCR) which allows you to withdraw a percentage from your cash balance as well as deposit funds. For example, if your cash balance is at $20 and your bonus balance is at $20, this gives you a 50% / 50% BCR. If you bet $10, both your cash and bonus balance will contribute $5 each. If you win $20 on that wager, your bonus and cash balance will grow to $25 both. Now, what is available for withdraw is your cash balance, i.e. $25 whereas the bonus balance is subject to wagering requirements.

If you have a cash balance of $30 and a bonus balance of $10 this places the BCR at 75% / 25 % respectively. If you use this overall balance to place a $10 wager, $7.50 will come out of the main bonus fund and $2.50 will come out of your cash balance.

Let’s assume that your $10 has been successful and you have just won $20. $15 will be deposited directly into your cash balance and the remaining $5 will go to bonus balance. This gives you a total of $37.50 in cash balance which you can withdraw and $12.50 in bonus balance which is a subject to wagering requirements.

Betway Plus Rewards

The sportsbook calls it the BetPlusWay, and one can see that there is a lot of potential for growth and improving on your betting fortunes. Betway offers a superb variety of bonuses that are event-tailored. BetPlusWay is a place where you can recap some of the most exciting such offers.

review betway sports betway plus rewards
Betway offer players extra rewards with their betwayplus service

Each team and event will get its special coverage, boosted odds and lines. You can enjoy the Rugby World Cup with bets such as ‘Double Winnings,’ ‘You Lead, You Win,’ and others. If you are a fan of soccer, you can bet on ‘First Goal Wins’ for high-profile game, such as Chelsea vs Liverpool.

Horse racing, American football, golf and even esports are all part of the Betway Plus experience. There are very few sportsbooks that go the distance to consistently come up with new single-event promos around the clock.

Betway Boosts

To give you an incentive to bet on the underdog, Betway will make sure to use the Boosters. The boosters give you even more value on underdog betting – it’s essentially a value betting opportunity with the drawback that you are backing teams or players that aren’t likely to win in the first place. Still, if you have a keen eye for a particular sport and think you have spotted a winner, you should go ahead.

The Weekly Specials

Would you love to get $20 free bet on the Titans vs Jaguars game? Well, Betway runs a series of such promotions that focus on a single event during the week. The Titans vs Jaguars is just an example that was featured on the website just recently. But things are moving at a rapid pace with Betway and the Night and Weekly Specials are in a constant state of flux.

$30 Free Bet for New Customers

Depending on the country you are accessing Betway Sports from, you will find different bonuses and different offers. For example, most of North America can opt into the Free Bet option. To claim up to $30 in free bets, you will need to first place bets totaling the value of your first deposit. The minimum amount you can wager is $10.

All wagers must be placed on qualifying options, such as single bets (1.75), each-way bets (1.40) or system bets (1.40). The odds are indicative of the minimum odds you must bet on for a wager to qualify.

The upside of this new approach to sports betting is that the wagering requirement has been reduced to 1x! It’s important to note that this bonus may not be available in all locations.

Betway Sportsbook Bonus Codes

Betway avoids using bonus codes to avoid confusing the player. Instead, the sportsbook allows you to simply click on the offer that you wish to opt into. Whether you are using the regular sportsbook interface or go to BetPlusWay, you will find the process very straightforward and easy to adapt to.

How Much Can You Win at Betway?

review betway mobile site

Betway allows you to win as much as $500,000 on a single bet. However, there are some variables that you need to factor. The $500,000 is available on popular sports that generate a lot of income, such as soccer. To hit a sum such as this, you will need to demonstrate excellent odds-reading and possibly have a 10+ accumulator (parlay) on an event at some pretty long odds.

Most betting limits are more or less adjustable, and contests such as tennis would fetch you up to $250,000. Each season will lead to slight changes in what can be realistically won from at sportsbook on a single wager – or a combination thereof. Some smaller markets will have a harder cap at $100,000. Specific sports, such as rugby, esports, and cricket have around $10,000 in maximum cash out per individual bet and accumulators.

Payment Options

Betway will make withdrawals very easy for you. Since there are no fees, and the company is licensed in several jurisdictions, every financial transaction happens out in the open. This means quick deposits and equally fast withdrawals. Before you can cash out or even place your first wager, however, you will need to go through the identity verification process. Submit a government issued ID so that Betway can comply with its licensing agreements

Focusing on the specific payment options, some of them may vary based on the market, but in general you can expect to find universal payment methods such as:

  • MasterCard
  • VISA
  • Maestro
  • Neteller
  • SWIFT
  • PayPal
  • Skrill
  • ecoPayz
  • Insta Debit
  • Bank Transfer
  • EntroPay

The minimum amount you can deposit starts at $10 and you can deposit a maximum of $50,000. As for cash-outs, you can withdraw a minimum of $10 and all the way up to $100. For all payment methods, Betway Sports may take up to 7 business days. However, most transactions are settled within an hour.

Yes, Betway Sports is legal and accessible to customers in Canada. Betway even creates a localized offer that focuses on bonuses and sports that are of particular interest to Canuck players. With the sports betting industry being on its way to a full-scale legalization across provinces in the country, Betway is in a good position to benefit from the interest in sports wagering in the region.

The United States sill turns out to be a rather difficult market to enter for Betway, but the company has not overlooked an opportunity to be among the first to establish a foothold in Buenos Aires, Argentina.

How Do I Contact Betway Sports?

Betway Sportsbook will offer a variety of methods to communicate with customers. They run a 24-7 customer support service and you can find them at [email protected] via email. In addition, there is a live chat feature available, which will speed up communication. Equally important for communication is Betway contact number at +44 0808-238-9841.

Our Verdict

Finding a trustworthy sportsbook these days is simpler, but finding an accomplished website that focuses on providing the customer with exclusive offers around the clock is another matter altogether. Betway Sportsbooks delivers a quality and versatility that are unmatched in today’s sports betting industry. As a result, the only challenges ahead of the sportsbook are to add new markets and bring some of the finest sports betting opportunities to a betting crowd. Don’t hesitate to register yourself at Betway and benefit from the daily boosters, free bets, and special one-off promos!

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