Betway Sportsbook Review

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Betway Sportsbook welcome bonus details

  • Welcome bonus
    First bet reset: Up to $250 back in bonus bets
  • Promo code
    No code required
  • Minimum deposit
    $10
  • Bonus bet expiration
    7 days
First Bet Reset Up To $250
Back In Bonus Bets
No code required
Claim bonus Ends 11:59 PM (local time) on 12/12/2024. Must be a new verified Betway customer & present in AZ/NJ/PA. Void where prohibited. 21+. Opt-in may be req’d. Make your first min. deposit of $10+, place a wager up to $250 (with odds of -300 (1.33) or greater and receive up to $250 as bonus bet funds if the wager loses. Wager must be settled within 7 days from new account opening. Qualifying wager restrictions apply. Any bonus bet funds earned must be used within 7 days of receipt. Bonus bet funds are not the same as cash, must be used in the Sportsbook and are subject to restrictions. Promo subject to full T&Cs us.betway.com/sport/bonus-terms. Data & text rates may apply. Gambling Problem? Call 1-800-GAMBLER, or visit http://s.betway.com/rg.
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Betway Sportsbook ratings

4.4/5
  • Bonuses & promotions 3.9
  • User experience 5.0
  • Key features 4.8
  • Banking options 4.1
  • Betting markets & odds 4.2
  • Customer support 4.3

Pros

  • A variety of transaction methods
  • Excellent market variety
  • Valuable welcome bonus
  • Solid existing user promos

Cons

  • Only available in select states
  • No rewards program
  • Lacks customer service options
Betway at a glance
Legal states:
Arizona, Colorado, Indiana, Iowa, Louisiana, New Jersey, Ohio, Pennsylvania and Virginia.
  • Est.
    2006
  • Headquarters
    Malta
  • CEO
    Anthony Werkman

Betway Sportsbook overview

Betway Sportsbook is one of the most prominent sportsbooks in the world, offering an exceptional product that includes an excellent welcome bonus, competitive odds and a high-end mobile app. Betway was founded in 2006 and is owned by high-end online gambling company Super Group.  

When you sign up today at Betway Sportsbook, you can unlock a First Bet Reset up to $250 in bonus bets with Betway’s welcome offer

Betway is a reputable site that maintains all the regulations and licensing required of a U.S.-operating online sportsbook. While Betway has been slow to claim market share in the U.S., it still holds a terrific brand internationally, providing hope for the site’s future in the American market.

The American sports betting industry is crowded, but Betway has done its part to differentiate itself from its competitors. In this Betway Sportsbook review, you will see how this has been done and why you should consider Betway a great addition to your sportsbook rotation.

Bonuses & promotions

3.9/5

To start at Betway Sportsbook, you can claim a valuable welcome offer that provides up to $250 back in bonus bets. Many other sports betting promotions include guaranteed bonus bets with their welcome bonus, but Betway isn’t one of them.

Qualifying for this welcome offer is simple. Just register for a new account, opt-in, and make your first real-money deposit of $10 or more. Then, it’s time to place your first cash wager.

There is a slight catch, tough. Your qualifying wager must own odds of -300 or greater (i.e. -300, -150, +150, etc.). Moreover, this wager must both be placed and settled within seven days of your new account’s creation.

Now, this qualifying wager must settle as a loss for you to receive any bonus bets from this Betway promo. If your qualifying wager wins, congratulations, you will be paid your standard winnings.

If your qualifying wager loses, don’t worry, as Betway will refund your stake in full up to $250 in bonus bets. Once received, these bonus bets will expire in seven days. 

Fortunately, these bonus bets do not need to be used in one lump sum. Of note, they can be used in both straight and parlay wagers. You can find your bonus bets from Betway under your “Bonus Bet Balance”. 

Other promos & bonuses at Betway Sportsbook

Betway Sportsbook does a solid job of not leaving you in the dust once you sign up for a new account. Some sports betting sites will entice you with a massive sign-up bonus and have yet to discuss existing user promos. Betway doesn’t function this way. If you are unsure what steps to take when betting be sure to consult with one of our many betting guides to navigate your experience.

Let’s look at some of the best existing user promos at Betway:

Parlay bonus

When you place a parlay bet that contains three or more legs, you’ll receive a $10 bonus bet no matter what happens. The one requirement is that your parlay must have +200 odds or longer.

For example,  you place a $25 parlay with three legs at +500 odds. A win nets you $75 in profit, but a loss will get you nothing. Either way, you earn a $10 bonus bet to use as a future wager.

Betway Boosts

Like many other top sportsbooks, you can find various odds boosts daily called Betway Boosts. An example of a Betway Boost would be to get +100 odds instead of -150 odds on an NFL moneyline. You are typically limited on the amount you can wager on one of these boosts but they are usually massive values to you.

User experience

5/5

We checked out Betway Sportsbook to see what the site is all about. Overall, our experience represented what one should expect at a top-ranked online sportsbook

First, the site’s welcome bonus is relatively valuable, delivering $150 in bonus bets with a first bet of $25 or more, an excellent way to start a Betway bankroll. The promotional value didn’t stop there, though. There are plenty of promos for existing users that can’t be found in any other sportsbook.

The registration process is significantly simplified at Betway Sportsbook. You can sign up for an account and check out odds and lines for every market within two minutes.

The key feature that drove home the Betway brand was live betting. You can watch plenty of games via live stream, and the market variety in the live betting menu is extraordinary.

In general, the mobile app and desktop site for Betway Sportsbook were both top-tier. It is pleasing to see modern designs for both, with smooth processing for anything that may be desired. Everything is straightforward to navigate, which makes the user experience that much better.

Overall, the experience was excellent and Betway Sportsbook is recommended to anyone looking to bet on their favorite sporting events.

How to sign up for Betway Sportsbook?

Registering for a new account at Betway Sportsbook is a straightforward process. From start to finish, it should only take just a few minutes. You will be asked to supply your full name, address and last four digits of your Social Security number.

You’ll also be asked to create a username and password for your account credentials during the process. You must also check the boxes to agree to Betway Sportsbook’s terms and conditions. 

Follow the step-by-step guide below to sign up at Betway:

  1. Download the Betway Sportsbook mobile app for your iOS or Android device.
  2. Register for a new account, providing accurate information about your identity.
  3. Create your account credentials.
  4. Agree to the terms and conditions of Betway Sportsbook.
  5. Make your first deposit.
  6. Place your first bet for $25 or more.

Betway Sportsbook app: Excellent, easy, simplistic

Betway Sportsbook operates on a desktop platform and a mobile app, but it is recommended use the latter. The Betway mobile app has a modernized design that runs smoothly.

You can download the Betway Sportsbook on both iOS and Android devices. There are thousands of positive reviews to sift through in the App Store and Google Play Store, too.

Navigating through the mobile app is simple and leads users to believe it’s one of the best options on the market.

Key features

4.8/5

Plenty of features make Betway Sportsbook one of the most-used sports betting sites in the world. Betway offers a comprehensive wagering experience that includes many features you’re looking for from a top sportsbook. Let’s analyze some features that make users fond of Betway’s product.

Live streaming

One of Betway Sportsbook’s best features is live streaming. While not available for most sporting events, live streaming can be found for many events spanning prominent and niche markets.

Look out for the live-streaming logo next to a live betting market. You can activate a live stream if the game you’re looking at has this. Again, this isn’t available for most games but can be a massive boon to your experience if it is.

Live betting

Going directly in line with live streaming, you can find an outstanding live betting menu at Betway Sportsbook. The menu is outfitted with betting markets, including live odds and lines for even the most exotic markets.

Across a thorough analysis, we identified this as one of Betway Sportsbook’s best overall features. Betway will be your “best bet” to place a live wager if you’re looking for a market, particularly an international one.

Banking options

4.1/5

An excellent aspect of Betway Sportsbook is that various payment methods are readily available to handle your transactions. This pertains mainly to deposits with limited withdrawal options. 

Betway’s processing times are the industry standard, with the site claiming to handle any within 1-5 business days. However, this time frame can be extended if you have a more considerable transaction amount. 

Here are the payment and withdrawal methods available at Betway Sportsbook:

Apple Pay
Deposityes
Withdrawalno
Withdrawal speedN/A
Additional feesno

Credit
Deposityes
Withdrawalno
Withdrawal speedN/A
Additional feesno

Debit
Deposityes
Withdrawalno
Withdrawal speedN/A
Additional feesno

PayPal
Deposityes
Withdrawalyes
Withdrawal speed1-5 business days
Additional feesno

Play+
Deposityes
Withdrawalyes
Withdrawal speed1-5 business days
Additional feesno

Skrill
Deposityes
Withdrawalyes
Withdrawal speed1-5 business days
Additional feesno

Venmo
Deposityes
Withdrawalyes
Withdrawal speed1-5 business days
Additional feesno

VIP Preferred eCheck
Deposityes
Withdrawalyes
Withdrawal speedUp to 7 business days
Additional feesno

The minimum withdrawal amount is $10 at Betway Sportsbook. However, there is no maximum.

Banking terms and conditions

Every sportsbook has its own set of terms and conditions when it comes to banking. Here’s what you need to know for Betway

Minimum deposits & withdrawals

There is always a minimum limit set in place by sportsbooks for both deposits and withdrawals. At Betway, the minimum amount that you can deposit is $10, regardless of the method chosen. 

For withdrawals, the minimum remains the same at $10 per withdrawal, no matter the method. 

Method-specific withdrawal requirements

Betway requires you to have deposited with a method before it becomes eligible to be used for withdrawals. 

For example, if you deposit money through VIP Preferred and want to withdraw winnings through Venmo, you will need to first complete a deposit with Venmo.

Withdrawal reversals 

Betway allows you to reverse (or cancel) your withdrawal request. However, you must initiate your reversal while it is still pending, and before it has been processed.

To perform this action, you will need to locate the ‘Reverse’ button along the right-hand side next to any of your pending withdrawals.

Betting markets & odds

4.2/5

Online sports betting sites have strategically tried to improve the quantity of betting markets they offer. As a result, most sportsbooks have the same set of markets available. 

However, Betway Sportsbook has even more international appeal than most U.S. sports betting giants. You will likely find some niche markets at Betway Sportsbook that can only be found at sportsbooks that are based overseas.

This is one of the Betway Sportsbook’s best features, providing a holistic experience without glaring betting market omissions. Here is a look at the sports you can bet on, along with the bet types available for each:

SportBet types
Aussie Rules Spread, moneyline, totals
BadmintonSpread, moneyline, totals
BaseballRun lines, moneylines, totals, pitcher props, batter props, futures, yes/no run first inning, run totals, first five innings, inning results, parlays
BasketballSpreads, moneylines, totals, player props, futures, quarters, halves, team totals, parlays
BowlingSpread, moneylines, totals
BoxingOutright winner, fight to go distance, method of victory, round-by-round, futures, parlays
CricketSpreads, moneylines, totals
CyclingOutright winner
DartsSpreads, moneylines, totals, outright winner
Field HockeySpreads, moneyline, totals
FootballSpreads, moneylines, totals, quarterback props, team props, futures, quarters, halves, team totals, parlays
GolfPlayer to win outright, player to make the cut, player to finish above par, futures, parlays
HandballSpreads, moneylines, totals
HockeyPuck lines, moneylines, totals, period betting, parlays
MMAOutright winner, fight to go distance, method of victory, round-by-round, parlays
MotorsportsOutright winner
RugbySpreads, moneylines, totals
SoccerThree way, double chance, totals, exact goals, correct score, halftime/fulltime, odd/even, draw no bet, futures, parlays
Table TennisSpreads, totals, moneylines, set spreads
TennisOutright betting, set spreads, moneylines, totals, correct score, futures, parlays
VolleyballSpreads, totals, moneylines, set spreads

Customer support

4.3/5

If there is an area where Betway Sportsbook sticks out more negatively than any other, it’s in the customer service department. Not only are there limited options to contact Betway, but all channels are broken down by state, making it even more challenging to find the right one for you.

When we contacted customer service, we were greeted well and helped with our question quickly and efficiently. However, reaching a live agent on the phone took half an hour. Again, phone lines are available but broken down by state.

Betway Sportsbook does not offer a live chat agent system, which is a considerable miss, considering just about every one of its competitors possesses one. 

The actual assistance comes from Betway Sportsbook’s FAQs section. You should look to consult here before pursuing any further action, given the difficulty of reaching the customer service team at Betway.

Betway vs. FanDuel: A brief comparison

Can Betway Sportsbook really compete with the industry’s most prominent brands? Below, our sportsbook review team will take a closer look at how Betway compares to FanDuel Sportsbook:

Bonuses and promotions

Both Betway and FanDuel provide their new customers with a welcome offer — but from there — it’s the latter that prevails.

At Betway, all users will be able to take advantage of what they call “Betway Boosts”, which are odds boosts to popular markets. Aside from that, the sportsbook will post limited promotions from time to time, but they aren’t all that prevalent.

FanDuel, on the other hand, always has a lineup of ongoing promotional offers for their patrons. You can expect to find profit boosts, same game parlay insurance and more. FanDuel runs away with the win in this category. 

User experience

Both Betway and FanDuel have top-of-the-line user experiences.

As detailed earlier in this review, Betway’s visual appearance is phenomenal on both their app and desktop site. Using Betway on any platform is a pleasant experience that comes with few complaints from a user experience perspective.

The same can be said for FanDuel. In fact, FanDuel is as good as it gets when it comes to user experience; they are considered the gold standard in this regard.

As impressive as Betway is, FanDuel edges them out in this category.

Sports betting markets

Now, this is a category in which Betway impresses. In total, Betway provides bettors with north of 20 different betting markets. Of course, they have the big sports like basketball. But, they offer niche markets like Snooker and darts too. 

FanDuel matches the excellence of Betway in this regard, offering all of the same markets to their users. 

When it comes to available bet types for these markets, both sportsbooks are essentially equal. In reality, Betway and FanDuel are on even ground in this category.  

App comparison

Both Betway and FanDuel have mobile app for their customers that can be downloaded via the Apple and Google Play stores. 

Users rate the Betway app at 4.5 and 3.6 out of five stars from the Apple and Google Play stores, respectively. Meanwhile, the FanDuel app owns ratings of 4.9 and 4.6 from the two app stores.

We agree with the users, as FanDuel is clearly the superior app and is arguably the best sportsbook app in the business. 

Which sportsbook is better?

There’s really no debate that FanDuel is the better sportsbook compared to Betway. It is worth noting that Betway compares well in terms of betting markets, but that’s where the competition ends.

Final thoughts on Betway Sportsbook

After analyzing all that should be known about the Betway Sportsbook, below are a few simple questions to further understand where Betway excels and how we rank the sportsbook in comparison to its competitors.

Betway Sportsbook’s biggest strength:

As has been alluded to multiple times in this Betway Sportsbook review, the site’s best feature is the sheer number of betting markets available. Betway is only rivaled by sportsbooks based outside of the U.S. This international foundation has allowed Betway to enter a realm of sports betting variety that can’t be eclipsed by DraftKings, for example.

This is the primary draw to Betway Sportsbook and a considerable part of why the site is worth your time.

Is Betway the best sportsbook in the U.S?

After reviewing every aspect of Betway Sportsbook, it can confidently be said that Betway is not the best online sportsbook on the market. Betway certainly has some solid foundational pieces to its product, but there are simply many better sports betting sites.

As has been discussed, beating out the industry leaders like FanDuel is tough. Betway can continuously improve its product to reach that level, but we see it as a long shot.

Betway Sportsbook: A site worth your attention

While Betway Sportsbook undoubtedly lacks in multiple departments, the brand is well worth your attention.

One of the aspects of sports betting that is often preached about is the importance of odds shopping. Finding the best odds and lines possible is an adventageous way to approach wagering on sports, and Betway is an excellent way to increase your options.

In such a crowded industry, Betway has managed to stay afloat and should for the foreseeable future.

Betway Sportsbook FAQ

Is there a Betway Sportsbook promo code?

There is no Betway Sportsbook promo code to use right now. However, you can still claim a welcome bonus without using a promo code.

What is the Betway Sportsbook welcome offer?

At Betway Sportsbook, the welcome offer provides a First Bet Reset up to $250 in bonus bets. If you lose your first cash wager, Betway will refund your stake up to $250 in bonus bets. Notably, your first cash wager must have odds of -300 or longer to qualify.

Where is Betway Sportsbook legal?

In the U.S., Betway Sportsbook is currently legal in the following states: Arizona, Colorado, Indiana, Iowa, Louisiana, New Jersey, Ohio, Pennsylvania and Virginia. It’s unclear at the moment if Betway will expand, check back for updates on if the site does move into new states.

Does Betway Sportsbook offer live streaming of events?

Yes, you can live-stream sporting events at Betway Sportsbook. The mobile app and desktop site offer complete functionality for live streaming, but events often require more. For example, you can watch one tennis match but not another on any given day.

Is Betway Sportsbook reliable?

Betway Sportsbook is reliable. The site is regulated to provide a fair gambling experience in every state in which it is licensed. You can trust that your money is safe with Betway and that you will run into issues only on infrequent occasions.

What is the best sportsbook?

It’s hard to pinpoint precisely which online sportsbook is the best, mainly because there are many options. Our favorite online sportsbooks include FanDuel, DraftKings and BetMGM.

Can I bet on the NFL and NBA at Betway Sportsbook?

You can place wagers on the NFL and NBA at Betway Sportsbook. The site is fully outfitted with odds and lines for all NFL and NBA games, including futures bets and player props.

How do I withdraw my winnings from Betway Sportsbook?

There are many different options to withdraw your winnings from Betway Sportsbook. You can find the complete list of deposit and withdrawal options under the tab in this review, with most transactions being processed within 3-5 business days. This can vary, but this is the average.

Is there a Betway Casino?

Betway Casino is a full-scale online casino owned by Betway in New Jersey and Pennsylvania. You can play a wide assortment of slots and table games at Betway Casino, so long as you’re within NJ or PA state lines.