Betway was established in 2006 and is registered in the Maltese jurisdiction. The Betway website offers excellent coverage, featuring around 1,600 betting markets for top football matches. In addition, the Betway sportsbook provides many live streams for horse racing events, which can enhance the betting experience for customers.
It’s important to note that we only found bookmaker markets competitive odds in the basketball betting section, and in general, odds are worse, compared to odds on the top UK betting sites.
Betway Pros & Cons
- Excellent coverage with about 1,600 betting markets for top football
- Many live streams available for horse racing events
- Free Bet Club promotion available to all customers
- Few enhanced odds options available, which could be expanded to provide greater variety
Betway: Editorial Rating
Betway Betting Offers & Promotions
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Betway Security
Betway operates legally in the UK and maintains high standards of security and protection of customers’ data and funds. Betway holds licences from the UK Gambling Commission and Malta Gaming Authority, which require compliance with strict regulations on information security and anti-money laundering.
Betway uses advanced encryption to protect all personal information and transactions. Customer deposits are held in segregated bank accounts to ensure funds are secure and accessible at all times. In addition, Betway offers customers the ability to set daily, weekly or monthly deposit limits to promote responsible gambling.
Betway has demonstrated a strong commitment to security and customer protection through its certified operations and services. Customers can feel confident that Betway operates transparently and safely within regulations. The combination of licences, security systems and responsible gambling tools shows that Betway provides a secure environment for sports betting in the UK.
Betway continuously monitors all activities to prevent fraud and offers customers the latest security features. While no system is perfect, Betway has policies and procedures in place to address any issues rapidly and effectively in order to uphold strict security standards. Betway takes a proactive approach to ensuring customers have a safe and protected punting experience.
Betway Sports and Markets
Betway is one of the leading betting platforms, so it is unsurprising that they offer plenty of different sports you can wager on. Outrights or regular outcomes – you name it, and they got it. For instance, football is covered from top tier to niche, including lower divisions and regional cups. Over 1600 markets for premiere championships and even the Wycombe – Portsmouth clash will have enough different choices to stake on. They also have a dedicated section with daily matches considered top by the platform.
Basketball is also well-covered. The NBA offers not only classic outcomes and markets but also less-expected ones, such as three-pointer handicaps and player combos. You can also find fast markets, such as backing, who will score the first basket. In addition to the American League, you can find many other competitions, including the Euroleague, Japanese League, and Italian Lega A.
The tennis section is filled with tournaments all year round. ATP and WTA circuits are available in full, while you can back the competitors over the regular markets or special ones such as the comeback victory. Lesser popular events are present with the Challenger tour and ITF. Punters can also wager on outright winners of tournaments and predict who’ll become the number one in the ratings at the end of the calendar year.
However, apart from these three, there’s much more you’ll find at the Betway site.
Betway Payment Methods
There are six options available at Betway to top-up and collect money: debit cards, Trustly, PayPal, Neteller, Direct Bank Transfer and Rapid Transfer. The platform is number one on our list of Trustly bookmakers. All limits are universal – £5 minimum for deposits and withdrawals. The difference is the time for the outgoing transactions to complete. Rapid Transfer is the fastest, with a 12-hour maximum threshold, followed by the e-wallets, which take up to 24 hours. Debit cards and Bank Transfer can require up to 48 hours for the money to come back to you
How to Make a Deposit to Betway
- Click on nickname located in the top right corner of the screen
- Navigate to the “Deposit” subsection
- Select a payment system from the “Banking” window
- Enter the desired deposit amount of money
- Click on the “Deposit” button
- Fill in payment details and follow instructions (steps may vary depending on payment system)
How to Withdraw from Betway
Betway offers a closed-loop deposit and withdrawal policy to ensure that the payment method used to deposit funds is also used for winnings withdrawals.
- Click on your nickname located at the top right corner of the page (as specified during registration).
- Navigate to the “Withdraw” subsection.
- Indicate the desired withdrawal amount.
- Choose a payment system.
- Provide payment details.
- Follow the instructions provided, which may vary depending on the selected payment system.
In case of an account with less than £5, you can withdraw this amount in full. However, Betway charges £1 in this case.
Betway In Play Betting
The platform offers a wide range of In Play sports betting options to choose from. The live betting is available for football, cricket, darts, basketball, tennis, Esports, and snooker. In addition to the In Play betting, for some events, Betway provides live streaming, allowing users to watch the action unfold in real time.
When streaming is unavailable, Betway’s infographics service provides a detailed overview of the match, including live scores, statistics, and other vital information.
Additionally, Betway offers a Cash Out feature for some In Play bets, allowing users to lock in a profit or minimise their losses before the event has ended.
Overall, Betway’s In Play section is a must-try for any sports fans looking to add some excitement to their viewing experience.
Betway Streaming
Betway provides live streaming for a limited selection of events, including horse racing and NBA games.
Users must be logged in to their accounts to access these streams. Additionally, users must have a non-zero balance in their Betway accounts to watch any live streams. While this may be an inconvenience for some, it is a necessary measure to ensure that only engaged and existing customers have access to these premium features.
Betway Odds
Having fun while wagering is much easier when you know you’re betting on fair odds. To understand this, we need to see what margin the bookmaker implements towards the outcome prices. This percentage indicates how much the bookmaker makes regardless of the event result and directly impacts your profitability on the distance. To ensure the information is clear of error and to showcase the most accurate numbers, we go deep, calculating the numbers from different matches and leagues. Then, we get the averages from various sports and conclude how valuable the wagers on the betting site are. Let’s have a gander at what Betway offers.
For football, the margin is relatively high – around 7.5%- which is way over the average median among UK bookmakers. Basketball is slightly more inviting for punters, with 4.7-5% fees. This fits just in the middle of what we call the basic margin for events. And tennis is slightly on the rise with a concerning shift towards being high – 6+%. Even the big tournaments, such as the Australian Open, have such margins. This makes it evident that the less popular competitions are on the verge of not being worth betting on at all.
Betway App
Betway provides a decent betting app with some useful features, although it may not be outstanding compared to other betting apps. The app’s homepage includes panels for selecting sports or tournaments, as well as banners with highlights of upcoming matches. Betway also highlights selected tournaments on the homepage, making it easier for users to find matches of interest. Additionally, the app offers filters for betting markets on tournament pages, allowing users to view additional markets for all matches.
However, there are also some drawbacks to the Betway app. For example, it does not offer a dark mode, which may be inconvenient for users who prefer to use their phone in low light settings. Additionally, the font and background colours may not provide enough contrast, making it difficult to read some text. Despite these limitations, the Betway app is still a solid option for those who enjoy placing bets on sports.
Conclusion
Betway is a well-known bookmaker that is safe for you to punt on. However, there’s plenty to think of when deciding to join. The payment options are lacklustre; only six are present, half of which are e-wallets. The margin is also not the greatest, leaving gamblers with mostly low-value bets even for the premiere competitions. On the other hand, the site navigation is top-notch, the filters and menus are easy to understand, and the UI is intuitive. Tools and features such as the Cash Out and Bet Builder are available for you to use. Active punters can claim weekly Free Bets, which is also a neat addition.
You can also wager In-Play and watch sports live at the Betway’s site, which is a major green flag in our eyes. While there are flaws and parts that we believe the operator should take care of, such as boosted margin for top events, Betway is still a decent bookie to give a try and see if it suits your game.
Betway Frequently Asked Questions
Is Betway safe and secure?
Betway is a safe and secure bookmaker that operates legally in the UK and holds licences from the UK Gambling Commission and Malta Gaming Authority. The bookmaker uses advanced encryption to protect all personal information and transactions and offers customers the ability to set limits for deposits to promote responsible gambling.
How long does a Betway withdrawal take?
Withdrawals at this bookie can take up to 72 hours, depending on the payment method used. Please, remember that at the first withdrawal, the company will need additional time to verify your payment and personal data.
Does Betway allow cash out?
The bookie offers both full and partial Cash Out options, giving punters the flexibility to cash out their bets early for a certain amount of money, either in full or in part.
