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BETWAY REVIEW 2024 - Why We Give a 4 Out Of 5

OUR OPINIONS ABOUT BETWAY

  • Highly competitive market prices.
  • Extensive sportsbook options.
  • Quality live sports streaming and in-play betting.

Online-Betting Rating:

Our Betway review includes a wide range of areas including markets, odds and how their offer compares to other brands. But before we get started, let’s look at who they are.

Betway, based in Malta, are considered to be amongst one of the leading online bookmakers in today’s betting industry, providing numerous sport betting opportunities, 16 different languages, easy deposit and withdrawal options along with comprehensive sports statistics all available at your fingertips.

The first thing you’ll notice when landing on the Betway betting site is that they are proud to be official partners of West Ham United FC. Scroll down the page and there are various offers and welcoming bonuses for Casino gaming, General sports, ESports and Vegas offers before hitting the bottom of the opening landing page where a rolling list of Betway’s sporting affiliates are highlighted, including West Ham, Brighton, Surrey CCC and Cheltenham Festival amongst others.

Return to the top of the landing page, and you’ll find a list of headers; sports, casino, live casino, esports, vegas, promotions, safer gambling, log in and sign up – the latter, we will look at now.

Registration-process – 4.5/5

To start, click the sign-up button and you’ll be taken to the screen, shown below.

betway1

The form requires your details such as name, date of birth etc before the next stage (Step 2) which then covers Account Information.

Then finally, (Step 3), personal contact details. These steps are to ensure that you are not only an actual person (ie not a bot) but also that you are over 18 years of age and legally qualified to gamble as well as satisfying the guidelines around money laundering and other legalities.

betway3

Within the sign-up process, you can also choose your preferred language and currency and you will also be required to set your deposit limits based on daily, weekly or monthly, as part of the responsible gambling requirements.

Deposits & Withdrawals – 3.5/5

deposits

Before depositing to your Betway betting account, you need to undergo a verification process which requires sending a copy of either your valid driver’s licence, a recent bank statement or a utility bill (such as electricity, gas etc).

Once completed, you will need to click on the ‘Bank’ tab to choose your preferred method of depositing funds to your online betting account.

Deposits can be made through the following methods:

  • Visa card
  • Mastercard
  • Neteller
  • Skrill
  • Paysafe card
  • Neosurf
  • EcoPayz

Each method requires a minimum deposit of £10 and there are no maximum limits that apply for each method either.

Processing time is instant for the deposit to reach your online Betway betting account and each method is also free of any charges or fees.

As with the numerous options to choose which language you prefer to use on the Betway site, there is also a choice of 12 different currencies which carry no deposit fees and no maximum limits.

Method Minimum Maximum Processing Time
Mastercard £10 n/a Instant
Visa £10 n/a Instant

Withdrawals

The withdrawal options are very similar to those offered under the deposits options and are as listed below:

Method Minimum Maximum Processing Time
Mastercard £10 n/a 1-2 business days
Visa £10 n/a 1-2 business days
Neteller £10 n/a 2-24 hours
Skrill £10 n/a  2-24 hours
Neosurf £10 n/a  2-24 hours
EcoPayz £10 n/a  2-24 hours
Bank Transfer £10 n/a 1-2 business days

There is a minimum withdrawal limit of £10 but no maximum amount is set, while there are no fees for withdrawals either, making it a simple and easy process once a winning bet has been achieved.

However, unlike the Deposit processing time which is instant, the withdrawal process can take anywhere from 2 hours to two business days, depending upon which withdrawal option you choose.

NB: At the time of writing, Betway does not accept any kinds of Cryptocurrencies to either fund or withdraw, on any customer accounts at the moment.



Site Layout – 4.5/5

We’ll split our site layout review into two sections, mobile and desktop. First up, the mobile setup.

Mobile

The landing page highlights the various Welcome Offers available for the new customers and there is a menu icon at the top left of your mobile screen which lists the various betting topics;

  • Sports
  • Casino
  • Live Casino
  • Esports
  • Vegas
  • Promotions
  • Safer gambling

If you want to look at the various betting options on Sports it couldn’t be easier. There are numerous icons from which to choose (represented by the ball or sports equipment associated with each particular sport) ie a football for Football for example.

The mobile option provides the customer with an easy-to-navigate screen and clear and easy fixtures from which to explore and choose your betting options.

Once you’ve chosen your bet, simply click on the odds price this will transfer this bet to your betting slip from where you can place your bets. Very quick and easy to understand.

Desktop

Everything you’d expect to see on the mobile option but larger and easier to see visually but perhaps even more user-friendly, as the desktop version provides the user with additional buttons at the top of the page:

  • Decimal – drop-down box to choose odds shown in Fractional, Decimal or American
  • Support – Help
  • English – choose from 10 different languages

The Desktop version also provides a more comprehensive list of Sporting events to choose from as well as a list of Quick Links which serve as a shortcut to one of the popular betting features.

Both Mobile and Desktop versions also include a Blog section that contains various betting articles and insights which are updated on an almost daily basis, providing the punter with greater detail and analysis upon which to place their bets.

Odds - 4.5/5

odds

Odds can be displayed in either Fractional, Decimal or American by toggling through the options displayed when clicking on the ‘Decimal’ button at the top of the Betway site menu. But how do they compare with their main competitors?

Betway’s odds compare favourably against the main online bookmakers such as bet365, William Hill and Betfair although it should be noted that the latter (Betfair), includes an increased weighting of around 5% which needs to be deducted in order to compare ‘apples with apples when looking at the odds price provided by other bookmakers.

betway odds

It is also worth noting that the majority of Betway’s odds factor in a bookmakers ‘edge’ or rounding-up of around 5% on top of the base 100% probability of the outcome. As the industry norm is generally accepted to be around 110%, it appears that Betway’s odds are quite generous, which is good to know when searching for the best odds on any given sport betting market.

As well as competitive prices on sports betting odds generally, Betway also offers BOG (Best Odds Guaranteed) on the Horse Racing markets which ensures the customer is guaranteed being paid out at the highest odds available.

For example, if you place a bet on a horse before the race at say, odds of 2.50 and the price changes to say, 3.50, then Betway will pay out at the higher price.

There are various terms and conditions but the minimum bet is £1 (or 50p each way), bets must be placed on the day of the race and this offer cannot be used in conjunction with any Free Bets that the customer has earned.



Markets & Events Coverage - 4/5

markets

Betway provides an exhaustive supply of betting options within all of the sporting genres, including a BetBuilder option and individual player props.

There are 27 sporting genres available on the Betway site which gives anyone looking to place bets on the betting markets at hand a wide array from which to choose, and little need to search elsewhere for either major sporting events or indeed, reality TV shows betting or even political betting markets.

Betway also offers interesting analytical information for certain games or fixtures which provides an important background upon which to base future bets or at the very least, gain vital knowledge ahead of placing a bet.

Taking Football as an example, the  fixture between Bolton Wanderers and Aston Villa in the League Cup provides various analytical information which includes the following:

  • Head-to-Head win probability – it also indicates the distance (in km) between the two clubs so you can see if it’s a local derby or not
  • Lineups – This shows the most recent lineups used by both teams
  • Form – This shows each team’s form over their last five matches played

As well as the main markets which consist of Win, Draw, Loss odds, Over/Under goals, Draw No Bet etc, each fixture also contains Pre-Built Bets which run along similar lines to that of the Betway Boost option on the main home page.

Pre-Built Bets

These are a comprehensive list of suggested bets/bet combinations from Betway which provide the customer with bets that fall in line with their betting and profit expectations accordingly.

There are four categories from which to choose, depending upon what sort of return the customer is looking for and these options range from, for example, Over 9.5 corners & Bolton Wanderers over 1.5 cards at odds of 2.75, through to the sublime and quite frankly, the ridiculous, Dion Charles to score & To be sent off at odds of 201.00.

The four Pre-Built Bets categories are as follows:

  • Betyourway Up To 10.0
  • Betyourway Up To 26.0
  • Betyourway Up To 67.0
  • Betyourway Over 67.0

In addition, each market and fixture carry an icon which is highlighted in green – whether the particular sport or market is ‘Live’ and also whether the particular market provides a ‘Cash Out’ (or ‘CO’) facility.

There are also daily Betway Boost markets posted on the site (see Sportsbook section later)

However, for the more discerning or professional Football bettor, the lack of a dedicated Asian Handicap market in the Football betting markets is a glaring omission. If that is your style of betting, and can be a deal-breaker if Football betting is the main source of bets placed.

Events

Betway covers all of the major sporting events as you’d expect such as Football, Horse Racing and Tennis, to name just a few, but other more obscure markets are also covered such as Eurovision 2023, Politics and Reality shows such as Strictly Come Dancing and Big Brother are also catered for.

You can even bet on the outright winner of the Booker Prize!

Along with 27 different sporting events, the fast-emerging betting markets around Virtual Sports are also catered for within its virtual betting world on the Betway site.

As with the real-life sports offerings, the Virtual Sports world enables the customer to place live bets on virtual sports such as Football, Horse Racing, Cycling, Greyhounds, Motor Racing, Speedway and Trotting. The customer can see the action unfold before them on the screen of their device by way of impressive and realistic graphics – the majority of which may be even better than the ‘Live’ graphics of In-Play betting in real-world sporting events!

Esports

This is another fast-growing platform within the world of sports betting and Betway fully caters for this genre by way of retaining their customers’ loyalty in the shape of the Esports Club.

The major Esports events such as Dota2, League of Legends (LoL) and CS:GO (Counter Strike: Global Offensive) are well provided for within their section of the Betway site and as expected, the betting markets and odds available are amongst the most competitive in the online betting world.



Streaming – 3/5

Live streaming is provided but is limited to coverage of the major sporting events, unlike other online bookmakers that provide live streaming for fairly obscure sporting fixtures.

To watch any Livestream event, you need to be logged in to your Betway account.

Live streaming is available on English Premier League along with the major European leagues, Horse Racing, certain major ATP/WTA tennis tournaments, NBA basketball and MLB baseball for example.

Existing Customer Offers - 3.5/5

bonus 2

Existing customers can also take advantage of ongoing promotions that are listed under the ‘Promotions’ tab at the top of the Betway home page.

‘From Cash Prizes, Bonus Spins, Free Bets and everything in between. Betway has a wide range of promotions that perfectly suit you’.

Betway Boosts

betway boosts

These are a list of daily betting suggestions or Accas shown in an easy-to-use format with their associated odds price listed alongside each fixture or betting suggestion.

As you’d imagine, various leagues are represented in the Football betting boosts and are offered alongside sports such as Horse Racing, MLB baseball and Esports. These attract a boosted odds price – for example, in Brazil Serie B, Sport Recife to win to nil on the usual Sportsbook markets are priced at 2.75.

On the Betway Boost market, Sport Recife to win to nil are quoted at odds of 3.25 – that’s a boost of 50p on just that particular market!

This is a great function for existing and new customers of Betway, particularly if the user has a pre-conceived idea of what they will be betting on, and this facility enables the user to ‘shop around’ for the best deal before placing their bets.

There are also the following existing customer offers:

  • Free Bet Club (opt-in required)
  • Esports Club (opt-in required)
  • 4 to Score – Free Football prediction game open to new and existing customers.


Safer Gambling

Safer Gambling

Safer Gambling

Betway offers a range of effective safer gambling tools for users who wish to utilize them. Let’s explore the tools available on their site:

  1. Deposit Limits: Take control of your spending on Betway with their deposit limits tool. Set limits on your daily, weekly, monthly, and yearly spending. Once these limits are reached, further deposits into your Betway account will not be possible.
  2. Take A Break: When you need a temporary break from Betway, their convenient ‘Take A Break’ tool allows you to easily pause your activity. Accessible on both their site and mobile app, it provides a straightforward way to take the time you need.
  3. Session Reminders: Stay mindful of your activity by using the session reminders tool. Betway sends timely reminders to help you keep track of time spent on their platform. This is particularly useful for bettors who may lose track of time while using a betting site.
  4. Account Closure: If you decide to close your Betway account permanently, you can do so using the account closure feature. It’s important to note that this closure only applies to your Betway account and does not affect any other betting accounts, unlike the Gamstop service.
  5. Activity Statements: Stay informed about your recent activity on Betway through activity statements. These statements provide a summary of your bets placed, deposits made, and withdrawals. It’s a helpful feature to keep track of your betting history.
  6. Self-Exclusion: Betway offers a self-exclusion tool that allows you to take a break from their platform. This tool enables you to choose a specific duration during which you won’t have access to your account, supporting responsible gambling practices.

By providing these comprehensive safer gambling tools, Betway demonstrates its commitment to promoting responsible gambling. Users can take advantage of these tools to maintain control, set limits, and make informed decisions about their betting activities.



What Do Other Sites Say?

Freebets.com – 4.5 star rating

“Betway betting offers, particularly a free weekly £10 bet and free to enter leaderboards, go a long way towards our 4.5 star rating”

“A vast array of betting markets and bet options, excellent customer support, smooth banking, acca-insurance, best odds guaranteed and other concessions are some of the ingredients which make Betway the standing dish for so many punters”

OLBG – 4.1 star rating

“Betway is fantastic for e-Sports and Basketball Betting. And if you want a bet builder for NFL, they should be your 1st stop”

Betway Review Rating - 4/5

Betway review

Overall the look and feel of Betway are pretty nice.  There are nice navigational and informational touches around the site that give the Betway online betting a very good feel.

The use of icons to relay info such as cash out and live streaming is excellent and because they have allowed for so much white space between listing, everything is clear and easy to read.

Betway also delivered well when it came to promotions and features and on the Betway mobile app, the in-play betting service was phenomenal in terms of the sheer number of options available and the ease of using the app to place your bets quickly is nice.

Pros

Undoubtedly, Betway offer a wide range of sports, Esports, Virtual Sports and special betting platforms that utilise one of the most competitive odds pricing on the sports betting markets worldwide.

Their ongoing promotions for both existing and new customers keep the punters coming back to their site in droves as well as their unique Betway Boost function which also covers a comprehensive range of fixtures within the sports betting markets.

Both Mobile and Desktop versions are straightforward to use and are user-friendly, providing the customer with quick and easy functionality whether they are on the go or in the comfort of their living room.

Cons

The Customer Service interface appears to be well thought out on the face of it. But if you’re stuck with a technical problem or a betting-related issue, help may not be as readily available as with other online betting sites; the lack of easy access to the ‘chat function’ is a little disappointing.

Specific betting markets ie Asian Handicap, is missing from the Football betting markets on the Betway site and this may deter the more professional, serious punters from utilising Betway’s Football section.

If you’re wanting to watch your bet live in action, don’t depend on Betway to livestream it unless it’s a Premier League game for example.

All in all, Betway offers comprehensive betting markets with competitive odds and would be a good online betting site to have at your disposal in your sports betting portfolio.