Betway Sports betting overview
Launched in 2005, Betway are a gambling platform that specialises in a range of markets. This includes table games, live dealers, virtual sports, poker and of course, sports betting. Whilst the platform has been around for some time now, Betway have only recently been pushing the advertising drive to increase their share of the UK market.
This includes countless TV advertisements during major sporting events, as well as a partnership with football teams such as West Ham United. As such, Betway are now a well-known bookmaker in the online sports betting scene.
The operator s based in both Malta and the UK. As such, regulated by the Malta Gaming Authority and also hold a full gaming license with UK Gambling Commission. We found that the Betway sports betting platform is also available via mobile and tablet devices. When testing it ourselves, the operator has done a good job with its mobile optimisation process.
So now that we’ve covered the basics, in the next section of our Betway review we are going to look at the different betting markets on offer.
Betting Markets and Odds review at the Betway sports betting platform
Although the Betway platform covers a huge range of casino games, slots and poker rooms, its main selling point is its sportsbook. We found that the Betway sports betting section contains virtually every sport that you can think of. The largest markets are available for the bigger sporting events, such as football, cricket, rugby, NBA, American Football and tennis. However, there is also an excellent number of markets available on less popular events, such as pool and eSports.
When you navigate through each sporting event, you will also be presented with a long list of markets. For example, when betting on a tennis game, you can bet on the total amount of sets, handicap bets, total points, overs/unders and of course, the winner of the game. This also rings true for lower-end markets, such as Conference league football.
In terms of the odds, Betway are up there with the very best. As the platform is attempting to increase its share of the UK sports betting sector, it fully recognises that they must be ultra-competitive in the odds department.
Finally, we also found that Betway offers the ‘Cash Out’ feature on some of its sporting events. This is usually only offered for larger sporting events that are televised on TV.
In-Play betting and extra features at the Betway sports betting platform
Much like in the case of the pre-match sports betting section, the in-play section at Betway is also hugely competitive. This makes sense when you consider the fact that they advertise their platform during the half-time break of televised sporting events.
We were also impressed to see that the Betway sports betting in-play section offers live odds for games that are not televised. For example, when we were compiling this review, we found in-play odds on under 21 games, and even female football matches in the likes of Vietnam and Nepal!
Sports betting offers and deals
Online sports betting fans crave competitive promotions, both in terms of bonuses for signing up, as well as ongoing offers for existing players. We found that Betway offer those that are yet to register an account a 100% matched bonus up to £30. You will need to place a bet with odds amounting to at least 1.75 (3/4) for the bonus to activate. Once the qualifying bet settles, Betway will then place the matched bonus funds in to your account.
Any winnings that you make from your bonus funds are placed straight in to your real-cash balance, meaning you can withdraw them instantly. However, take note that the stake is not returned. For example, if you place a £10 bet at odds of 3/1 using your bonus balance, the total amount returned will be £30.
On top of the welcome package, the Betway sports betting platform also has heaps of promotions for existing players. For example, the Betway Free Bet Club offers a free £10 bet each and every week, when you spend at least £25 on a treble.
If you like betting on football accumulators, we also found that Betway offer a refund of up to £25, should a single team let you down. The accumulator needs to contain at least 4 teams. Over in the NBA, if the team that you back wins by 10 points or more, Betway will double your winnings with a free bet, up to $25!
We also found that Betway have a huge selection of daily specials on certain sporting events, such as cash-back on losses or bet boosts, Keep an eye out on the homepage as this is the best way to find out what’s on offer.
So now that we’ve covered the bonus department, let’s take a look at what payment methods the operator offers.
Payments and Withdrawals – what are the options for players?
Overall, we found that the Betway sports betting platform offers a significant amount of everyday payment options. This includes debit and credit cards, direct bank transfers and e-wallets such as PayPal, Skrill and Neteller. On top of this, the platform also accepts Paysafecard, Ukash, Entropay, ClickandBuy, WebMoney and NeoSurf!
The vast majority of the aforementioned payment methods offer an instant deposit, and most commonly do not come with any charges. We also found that Betway withdrawal times will vary depending on the payment methods being used.
E-wallets are by far the quickest, averaging withdrawal times of less than 24 hours. If you are instated withdrawing your winnings via a debit or credit card, this usually takes 3-5 days before the funds arrive in your account.
Finally, until your withdrawal request is processed by the payments team, you will be able to reverse it. Betway advise that this can take up to 72 hours.
What’s our verdict?
In summary, we found that Betway have done well to separate themselves from the crowd. Their platform offers thousands of individual betting markets on a range of sporting events, both large and small. Moreover, the in-play section has a great selection of games to bet on, 24 hours a day.
We also really liked the fact that Betway have a consistent flow of ongoing promotions for existing players. Whether its cash-back on loses, bet boosts or additional matched deposit bonuses, Betway have it covered.