Betway Review

Betway was founded in 2006 and quickly rose to prominence due to effective marketing and a habit for high profile sporting sponsorships. The Betway approach to sports betting seems to involve two key strategies: to cover every sport in great detail and to go full blast on in-play betting.

According to recent metrics, Betway provides live betting odds on 190,000 events across 50 sports every year. Esports also feature prominently at Betway, making it one of the more comprehensive betting sites for the world’s major esports leagues.

The Betway.com website and mobile apps also offer horse racing betting, casino games and live dealer games. Betway offered online poker at one point but closed its poker room in early 2019.

Notice: Our Betway review is based on our personal opinions and impressions. This is not official promotional content.

Betway Sports Betting Review

One of the most apparent ways in which Betway differs from other online bookmakers is in design and navigation. Aesthetics do not typically occupy a place of high importance in our reviews, but this is an important point for Betway because it is much easier to navigate from sport to sport and league to league due to the layout of the website and mobile apps.

Ease of navigation is important because Betway offers so many markets each day on a wide range of sports. Navigation would be a nightmare if Betway took the same approach as some other bookmakers.

For example, selecting “football” from the main betting menu brings up a list of countries and then users can click on any country to see all of that country’s domestic leagues. This approach is important because Betway provides markets for leagues in more than two dozen countries, and for multiple domestic leagues within each country.

Betway Sports Betting Market Coverage

To provide an example of how in-depth Betway goes, selecting Brazil from the main football betting menu brings up a list of six domestic Brazilian leagues. Now extrapolate that extensive coverage of the Brazilian market to every other nation and it shows the scale to which Betway football betting operates.

The same also holds true for other sports. American football, snooker, cricket, rugby and many other sports are covered in great detail with many betting options offered for each. In all, Betway covers roughly 30 sports. The full list includes:

Betway Sports Betting Odds

The quality of the odds offered by Betway varies from event to event. In our experience, Betway occasionally has the best odds among the world’s major bookmakers but is often about average.

Customers can also visit the “Betway boosts” tab for a quick list of today’s enhanced odds offers for select matches each day. For these events, Betway temporarily increases the payout odds to provide punters with additional value on those markets.

Betway Sports Betting Sponsorships

The Betway Group is quite aggressive in building the brand name through partnerships with major sporting organizations and events. Betway currently sponsors or has sponsored a diverse range of teams and events such as West Ham United, high profile esports teams, the Queen Mother Champion Chase, the Grand National Festival and more.

For gamblers who may have seen the name in passing but are unfamiliar with it, the remainder of this Betway review will offer all the key details related to sports betting, casino gambling and what to expect in general.

Betway Esports Betting

Betway has been one of the most proactive operators in cozying up to the esports betting community. While most other online sportsbooks offer only a smattering of odds for the biggest events, Betway has an entire section of its website devoted specifically to esports betting.

The Betway esports area offers odds on major and minor esports competitions involving CS:GO, Dota 2, Hearthstone, Overwatch, League of Legends and more. Additionally, Betway itself is involved in esports as sponsors of numerous high-profile teams from around the world.

Betway also provides live streaming of matches for users through the website and mobile apps. Customers need only log in to their accounts to watch and bet on esports live through Betway.

Betway Live In-Play Betting

In-play betting plays a major role in the Betway business model with many events covered in real time each day. At the time of this review on a typical weekday afternoon, Betway had 46 in-play betting events happening simultaneously. Note that was not 46 events scheduled for the entire day; that was 46 events currently in-play in that moment.

The in-play markets available for each event vary, but Betway typically offers standard wagers on the outcome of the game along with short-term wagers on the next goal, props related to the exact score, penalties and more.

Early cashout is also offered for in-play betting, allowing customers to close out their positions early in order to lock in a win or to minimize a loss.

Betway Virtual Sports Betting

For punters who like nonstop action, Betway offers virtual sports matches to bet on every three minutes. The options include football, horse racing, cycling, greyhounds, motor racing, speedway and trotting.

Each event is “streamed” live with graphics showing the play of the game and is paired with dozens of betting markets. For each virtual sports event, customers may bet on the winning team, point total, first score, and props such as the winning margin.

Betway Horse Racing Betting

Betway.com is heavily involved in both online horse racing betting and greyhounds. Customers can visit the horse racing tab or select horses/greyhounds from the main sports betting menu for a list of upcoming races held at tracks around the world.

Racing fans can take the fixed-odds price at any time with Betway or choose the starting price option for all horses and greyhounds. Betway also offers a best odds guarantee on all UK and Ireland “to win” bets, which means customers who take the Betway price will be paid at the starting price odds if their selections go off at a higher starting price.

Horse and greyhound racing feel a bit neglected at Betway compared to some other online bookmakers. Betway covers races every day, but the list of possible betting options is somewhat limited and racing data is in short supply.

Casual racing fans who primarily wish to bet on which horse
will win a race should be satisfied, but those who desire advanced types of
wagers should probably look elsewhere.

Betway Greyhound Racing Betting

Greyhound racing is also available at Betway, although the options here are less extensive as to be expected for dog racing betting. The entirety of the greyhound betting here involves US and Australian tracks. It appears all greyhound races in each country are covered, but betting options are limited.

Live Racing Video

Many of the races covered at Betway are supported with live streaming video straight from the host track but availability is spotty overall. However, most US and UK races, including major events such as the Grand National are streamed live for all customers at Betway.com or through the mobile app.

Final Thoughts on Horse Racing Betting at Betway

The Betway racing options are limited compared to the options provided by other bookmakers. Betting on horses or greyhounds are Betway feels like more of an afterthought than a core part of the Betway business model. Casual racing fans who like to place the occasional bet will likely find Betway suitable, but serious horseplayers should look elsewhere.

Betway Deposit Methods

Betway Accepted Currencies

If customers deposit in any other currency, Betway will perform a conversion and hold their account balances in one of Betway’s default currencies.

When a withdrawal is requested, Betway will exchange each customer’s balance into their native currency at current exchange rates.

Betway Restricted Countries

Betway Licenses

Betway operates in many jurisdictions around the world but only in countries in which online betting is legal. The Betway Group holds a UK Gambling Commission license plus licenses in Ireland, Belgium, Denmark, Italy, Mexico, Spain and Sweden. In other jurisdictions, Betway operates under a Malta Gaming Authority license.

The key takeaway from noting the various Betway licenses is that this is a highly regulated gaming company. Betway is required by law to operate in a transparent manner, to disclose financials to regulators and so on.

That being said, Betway does not have a perfect track record. In 2020, Betway earned the unfortunate distinction of receiving the then-largest fine ever levied by the UK Gambling Commission. According to the UKGC, Betway failed to adequately verify the source of funds gambled by certain VIP customers.

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