Updated
Betway review
Advantages:
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100% First Deposit Bonus
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Lots of online betting markets
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Free bet and payout promotions
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Various cash out options
Payment Methods:
Specifications
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Bonuses & Promotions
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Odds
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Mobile
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Usability
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Types of Bets
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Credibility
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Payment Methods
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Support
Betway Bonuses & Promotions
Betway offers a set of bonuses based on bets on a team or player losing games after a significant lead. The set goes under the tagline “You Lead. You Win” and covers some of the popular championships and leagues.
In many countries and on lots of betting sites South Africa, for example new betting sites in Nigeria, users will also enjoy a newcomer bonus on their first deposit. The exact amount of the bonus depends on your location. A user has to wager ten times the amount of the bonus before they are allowed to withdraw it.
Free bet promotions do not have wager requirements; however, when a player wins using a free bet, the initial amount is deducted from the winnings. E.g. if you are placing a €10 free bet and win €40, you will get €30 from the winnings.
Betway Odds
The Betway odds on popular football matches are on the level with the market average. To illustrate this further, here are examples of popular matches from different leagues:
Atl. Madrid – Liverpool (18.02.2020) Average: 2.83 – 3.27 – 2.56 Betway: 2.75 – 3.2 – 2.6 |
Everton – Arsenal (21.12.2019) Average: 2.32 – 3.74 – 2.89 Betway: 2.3 – 3.75 – 2.9 |
Disclaimer: your mileage on margins may vary depending on the event.
Betting margin
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Basketball
9.15%
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Football
5.71%
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Handball
8.27%
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Hockey
8.14%
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Tennis
6.26%
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Volleyball
7.99%
Overall betting margin: 7.6%
Betway Mobile
Betway has Mobile, Android and iOS versions available for its users. They have the same functionality; however, there might be difficulties in obtaining the Android version for the service, as it seems to be unavailable in some countries. The applications are very comfortable to use and provide an enjoyable betting experience.
iPhone App
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Android App
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Mobile Browser
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Opera Mini
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Betway Usability
Advantages
Limitations
Easy access to the most popular sports
Comfortable betting through different devices
Lots of markets with an extensive betting line
Different cash out options
Minimum stake is a fraction £/€ (or equivalent)
Live customer service responses are under 5 minutes
No live stream coverage
Support functions on the website are hard to find
Design can be unintuitive
Betway Types of Bets
In addition to traditional sports, Betway users can bet on a variety of other special events, such as politics, next-generation consoles or TV shows.
Betway Types of Bets:
Betway Credibility
Betway Limited was established in 2006. It holds an MGA/B2C/130/2006 gaming service license from the Malta Gaming Authority and an active license from the Gambling Commission in the UK, as well as several licenses in other European countries.
Since being established in 2006, Betway Casino has been hit with a lot of criticism, with many complaints about the company withholding winnings. However, it seems that Betway lately has got back on track and started to regain its reputation.
The safety of the clients’ funds is being accomplished by placing them in a segregated account separate from the company funds.
The company does not provide public financial reports, which indicates a lack of transparency.
Popular countries for betting with Betway
Betway Payment Methods
Deposits
Betway employs the standard array of payment options:
- PayPal
- VISA
- Mastercard
- Bank Transfer
- Rapid Transfer
- Skrill
- Trustly
- Neteller
- Paysafecard
- Giropay
- MuchBetter
Withdrawals
Withdraw requests are being processed and completed within three business days for card or bank account transfers, and within one working day for e-wallets.
The minimum amount for withdrawal is 10 EUR/GBP/USD or equivalent. There are no additional charges involved outside of those that are applied by the payment provider.
The primary withdraw methods are:
- credit cards
- bank transfers
- ecoPayz
- Neteller
- PayPal
- Skrill
- EntroPay Card
However, if possible, the default method of withdrawal will be determined by the method with which the money was deposited into the account.
U.S.Dollar deposit & withdrawal
Amount | Time | Fees | Amount | Time | Fees | |
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$10–$5,000 | Up to 24 hours | 0% | $10–n/a | Up to 3 days | 0% | |
$10–$5,000 | Up to 20 minutes | 0% | $10–n/a | Up to 1 day | 0% | |
$10–$5,000 | Up to 24 hours | 0% | $10–n/a | Up to 3 days | 0% | |
$10–$5,000 | Up to 20 minutes | 0% | $10–n/a | Up to 1 day | 0% | |
$10–$5,000 | Up to 20 minutes | 0% | $10–n/a | Up to 1 day | 0% | |
$10–$5,000 | Up to 20 minutes | 0% | $10–n/a | Up to 1 day | 0% | |
$10–$5,000 | Up to 20 minutes | 0% | $10–n/a | Up to 1 day | 0% | |
$10–$5,000 | Up to 20 minutes | 0% | $10–n/a | Up to 1 day | 0% | |
$10–$5,000 | Up to 24 hours | 0% | $10–n/a | Up to 3 days | 0% |
Euro deposit & withdrawal
Amount | Time | Fees | Amount | Time | Fees | |
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€10–€5,000 | Up to 24 hours | 0% | €10–n/a | Up to 3 days | 0% | |
€10–€5,000 | Up to 20 minutes | 0% | €10–n/a | Up to 1 day | 0% | |
€10–€5,000 | Up to 24 hours | 0% | €10–n/a | Up to 3 days | 0% | |
€10–€5,000 | Up to 20 minutes | 0% | €10–n/a | Up to 1 day | 0% | |
€10–€5,000 | Up to 20 minutes | 0% | €10–n/a | Up to 1 day | 0% | |
€10–€5,000 | Up to 20 minutes | 0% | €10–n/a | Up to 1 day | 0% | |
€10–€5,000 | Up to 20 minutes | 0% | €10–n/a | Up to 1 day | 0% | |
€10–€5,000 | Up to 20 minutes | 0% | €10–n/a | Up to 1 day | 0% | |
€10–€5,000 | Up to 24 hours | 0% | €10–n/a | Up to 3 days | 0% |
British pound deposit & withdrawal
Amount | Time | Fees | Amount | Time | Fees | |
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£10–£5,000 | Up to 24 hours | 0% | £10–n/a | Up to 3 days | 0% | |
£10–£5,000 | Up to 20 minutes | 0% | £10–n/a | Up to 1 day | 0% | |
£10–£5,000 | Up to 24 hours | 0% | £10–n/a | Up to 3 days | 0% | |
£10–£5,000 | Up to 20 minutes | 0% | £10–n/a | Up to 1 day | 0% | |
£10–£5,000 | Up to 20 minutes | 0% | £10–n/a | Up to 1 day | 0% | |
£10–£5,000 | Up to 20 minutes | 0% | £10–n/a | Up to 1 day | 0% | |
£10–£5,000 | Up to 20 minutes | 0% | £10–n/a | Up to 1 day | 0% | |
£10–£5,000 | Up to 20 minutes | 0% | £10–n/a | Up to 1 day | 0% | |
£10–£5,000 | Up to 24 hours | 0% | £10–n/a | Up to 3 days | 0% |
Betway Support
From our experience, contacting Betway support is a challenging task.
Despite having the appropriate section, Betway seemingly deliberately tries to steer their audience to resolve questions without any live help by providing materials to read and to watch. The website has a live chat and email support feature, but it can be rather tricky to navigate the way to them. If a user is intent on contacting support, they have to go into their help section, open any help article, scroll down to inquiry of the usefulness of the article, press “No” and follow on the “Click here to contact us” link, which will finally bring the user to the contact area.
Be advised that email inquiries can take days to be answered.
Phone and live chat working hours vary from area to area.
Phone +44-808-238-9841 |
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Live chat |
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Competence | 4 / 5 | 5 / 5 | 4 / 5 |
Politeness | 5 / 5 | 5 / 5 | 5 / 5 |
Response Time | Up to 5 minutes | Up to 5 days | Up to 5 minutes |
Overall
Betway had left us with mixed feelings. On the one hand, the company tries to battle its former reputation by offering a competitive betting experience with a variety of markets. On the other hand, the design can be challenging to navigate, and the support options are seemingly being directed at offline FAQ-like help.
- Advantages
- 100% first deposit bonus
- Lots of markets with an extensive betting line
- Free bet and payout promotions
- Live customer service responses are under 5 minutes
- Limitations
- No live stream coverage
- Support functions on the website are hard to find
- Design is unintuitive