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Betway Review

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content

Last Updated Jan 24, 2023, 11:28 AM ET

Betway logo
Flag of the United States
checkmark icon
4.1/5
checkmark icon

Modern betting platform

checkmark icon

Convenient banking

checkmark icon

24/7 customer support

Sign up bonus

$250 Risk-Free Bet
Terms & conditions apply
Bet Now
Betway logo

$250 Risk-Free Bet

Bet Now

BetSmart™ Rating:

Bonuses & Promotions

4.0/5

Banking & Payout Speed

4.0/5

Key Features

4.0/5

Security & Trust

5.0/5

Customer Support

4.0/5

Payout Speed:

dollar sign icon

1-5 days

Deposits & withdrawals

visa Logo mastercard Logo playplus Logo paypal Logo paynearme Logo echeck Logo
Betway logo
Bet Now

Sign up bonus

$250 Risk-Free Bet

Terms & conditions apply

Why Betway?

checkmark icon

Modern betting platform

checkmark icon

Convenient banking

checkmark icon

24/7 customer support

Payout Speed:
dollar sign icon

1-5 days

BetSmart Logo BetSmart™ Rating:
Overall Rating:
4.1/5
BetSmart Logo BetSmart™ Rating:
4.1/5
Bonuses & Promotions
4.0/5
Banking & Payout Speed
4.0/5
Key Features
4.0/5
Security & Trust
5.0/5
Customer Support
4.0/5
Deposits & withdrawals
visa Logo mastercard Logo playplus Logo paypal Logo paynearme Logo echeck Logo

    Betway Sportsbook Review

    Betway is one of the best-looking sportsbooks out there, complete with a sleek and user-friendly interface. Now expanding further and further into the United States market, it is known for having some of the best bonuses around while still maintaining solid odds for popular events.

    The Betway sportsbook is available in the following states, with more to come in the near future:

    • Arizona
    • Colorado
    • Indiana
    • Iowa
    • New Jersey
    • Ohio
    • Pennsylvania
    • Virginia

    Hits and misses

    Covers hit icon
    Dedicated loyalty program
    Covers hit icon
    Lucrative same game parlays
    Covers hit icon
    More than 25 sports listed
    Covers hit icon
    $250 welcome bonus
    Covers miss icon
    Weekly withdrawal limits of $4,000
    Covers miss icon
    Sessions expire quickly

    Betway bonuses and promotions

    Rated #20 of 34 books in this category

    4.0/5

    Lowest Rated

    Tiered Rewards Program

    Betway logo

    Rated #20

    $250 Risk-Free Bet

    Highest Rated

    Up To $1,250 On Caesars

    Highest Rated

    Up To $1,250 On Caesars

    Betway logo

    Rated #20

    $250 Risk-Free Bet

    Lowest Rated

    Tiered Rewards Program

    Betway promises new users a solid welcome bonus, followed by various promotions and free bets from the dedicated loyalty program. In short, you can expect to see a variety of offers.

    Sign-up bonus

    The $250 risk-free bet is a welcome bonus extended to new Betway users who create an account, opt-in to the promotion, and make a qualifying deposit of at least $10. The wager must be placed and settled within seven days and is tied to betting odds of at least –300 (1.33). No Betway promo code is needed to claim the offer.

    Rewards program
    Registered users automatically benefit from the Betway Plus loyalty program. Real money bets will generate Plus Points based on the odds. Points can be redeemed for loyalty bonuses, free bets, and credits. They also determine the loyalty tier and the perks that come with it. Offers are featured in the account menu.

    Ongoing promotions and bonuses
    The sportsbook offers special boosts every week. Selected markets receive boosted odds for better returns. These are generally for popular sports like the NFL, and you can find them in the dedicated category. There are also other limited promotions available from time to time. Subscribe to their newsletter to learn about exclusive promos.

    Betway deposits and withdrawals

    Rated #13 of 34 books in this category

    4.0/5

    Deposit options

    The cashier is easy to access and identifies multiple options for bettors.

    Deposit Method Fee Process Time
    visa Logo Free Instant $10
    mastercard Logo Free Instant $10
    playplus Logo Free Instant $10
    paypal Logo Free Instant $10
    paynearme Logo Free Instant $20
    echeck Logo Free Instant $10

    Withdrawal options

    Withdrawals are straightforward and quick: Most requests are processed within 24 hours.

    Withdrawal Method Fee Process Time
    visa Logo Free 1-5 Banking Days $10
    mastercard Logo Free 1-5 Banking Days $10
    playplus Logo Free 1-5 Banking Days $10
    paypal Logo Free 2-5 Banking Days $10
    paynearme Logo Free 2-5 Banking Days $20
    echeck Logo Free 1 Banking Day $10

    Betway key features

    Rated #23 of 34 books in this category

    4.0/5

    Features including live streaming and early cash out enhance the Betway sportsbook's betting experience. 

    Live betting

    Betway has a great section for in-play betting that gives users the chance to put their skills to the test. The feature shows ongoing matches from the top leagues and tournaments across popular sports. The odds change as the action unfolds and bettors can make their selections at any time.

    Live streaming

    Live streaming is often available for in-play betting. Users are sometimes required to place a qualifying bet on the match in order to view it. The quality is very good and the stream is quite stable. Events that support live streaming will have a little TV icon next to them and you can start by clicking on the "Watch" button.

    Parlay bonus

    Betway's 1-Game Parlay applies to all major basketball and soccer events, and it lets you combine up to six markets on a single game. 

    Early cash out

    The cash-out feature has become widely available online and it is not missing from Betway Sports. Users can take out their winnings or cut their losses before the match ends. You can basically conclude the bet at any time, in full or just partially, on matches where early cash out is supported.

    Casino

    Betway Casino is a popular online casino in Canada. It offers a large collection of online games, most of which are provided by Microgaming. There are also plenty of premium slots from NetEnt and even a live casino section from Evolution Gaming. Combined, the three developers definitely make for a superb online casino.

    Betway mobile app

    Rated #10 of 34 books in this category

    4.2/5

    The Betway Sports app gives users access to all of their favorite sports and betting markets. The layout is very user-friendly and it only takes a few taps on the screen to place a bet. The sports betting app is available for free on the Apple App Store for iPhones and can be downloaded directly from the Betway site for Android smartphones. Mobile users can also deposit funds, withdraw winnings, and even claim free bets or other bonuses.

    Betway security and license

    Rated #1 of 34 books in this category

    5.0/5

    The website is operated by Betway Limited, a company registered in Malta and licensed by the Malta Gaming Authority. It is also licensed in the UK, Arizona, Colorado, Indiana, Iowa, New Jersey, Ohio, Pennsylvania, and Virginia. 

    Its software is certified by eCOGRA for being safe and fair. The site uses state-of-the-art Secure Socket Layer encryption at 256 bits.

    Colorado Division of Gaming

    Indiana Gaming Commission

    New Jersey (DGE)

    Pennsylvania Gaming Control Board

    Iowa Racing and Gaming Commission

    Arizona Department of Gaming

    Virginia Lottery

    Ohio Casino Control Commission

    Betway customer service

    Rated #20 of 34 books in this category

    4.0/5

    The help section has answers for the most commonly asked questions and even offers short videos for some topics. It is easy to navigate and has 15 different sections. If you feel that a question is not answered in full here, you can contact the support team directly by live chat or by email at any time. 

    • Live chat available 24/7
    • Email: support@betway.com
    • Phone: not supported
    • Support languages: English + 10 others
    • Twitter: @BetwaySupport

    Betway review conclusion

    Rated #20 of 34 books overall

    4.1/5

    If you are looking for a modern online sportsbook that has it all, Betway should definitely be on your shortlist. It has dozens of sports to choose from, a lot of in-play action, good odds, and plenty of promos to keep the action going.

    Free bets galore
    Seasonality impacts the promotions offered by Betway, but as a new player, you can claim the $250 risk-free bet. Additionally, the loyalty program will give you points when you bet for extra rewards.

    Rich selection
    Betway doesn’t just focus on the most popular sports, like hockey, football, and basketball. It has a lot of markets for many other sports as well, even including table tennis, esports, snooker, and virtual sports. Take your pick!

    Great mobile betting app
    The Betway mobile app is optimized for Android and iOS devices, and bettors can check their bets, place new ones, watch the action live, and collect their winnings.

    Betway quick facts

    Betway promo code No code - Claim now!
    Welcome bonus $250 risk-free bet
    Top feature Modern platform
    BetSmart rating 4.2/5
    Minimum first deposit $10
    Rollover requirement (welcome bonus) 1x
    Mobile app iOS and Android
    Casino Yes 
    Odds provider SBTech
    Payout speed 1-5 days
    States with legal access to Betway 8
    In-play betting Yes 
    Early cash out Yes 
    Same-game parlays Yes 
    Live streaming Yes 
    Bet Now

    Betway Review FAQ

    Yes. The company is licensed in Arizona, Colorado, Indiana, Iowa, New Jersey, Ohio, Pennsylvania, and Virginia.

    Yes, you can register with Betway if you are physically located in Arizona, Colorado, Indiana, Iowa, New Jersey, Ohio, Pennsylvania, or Virginia.

    The current Betway bonus comes in the form of a $250 risk-free bet. This applies to new Betway users who create an account, opt-in to the promotion and make a qualifying deposit of at least $10. The wager must be placed and settled within seven days and is tied to betting odds of at least –300 (1.33).

    Yes, USD is the default currency for U.S.-based Betway customers.

    No, Bitcoin is not an accepted payment method right now. The operator doesn’t accept cryptocurrencies.

    Yes, withdrawals are applied to the same payment method used for the deposit. This closed-loop ensures perfect security against online fraud.

    Withdrawals are typically processed within 24 hours. However, frequent bettors often receive their funds sooner. Payments are processed within a few hours to e-wallet accounts and can take a few days for cards.

    The Betway support team can be reached by live chat 24/7. This is the quickest and most convenient way to get assistance.

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    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

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