Betway Sportsbook Review

Betway has been in the sports betting industry since 2006, offering a full-service sportsbook, live betting, and a range of casino games. Over the years, it has had its ups and downs, with a history that includes player complaints and management shake-ups. However, in recent years, Betway has made significant improvements, rebuilding its reputation and addressing past concerns.

The sportsbook is licensed by both the Malta Gaming Authority and the UK Gambling Commission, making it a regulated option for international players—although it does not accept U.S. bettors. With an impressive range of sports markets, live streaming, and competitive odds in key areas, Betway has positioned itself as a solid option for bettors worldwide.

In this review, we’ll break down Betway’s strengths and weaknesses, covering everything from betting markets and bonuses to deposit options and payout speeds. If you’re considering signing up, read on to see if Betway is the right sportsbook for you.

Deposit Options

Betway offers a long list of deposit options for players. These include the standard methods, like Neteller, Skrill, PayPal. As well as, credit and debit card support. If possible, player withdrawals will credit their accounts using the method they used to deposit.

Minimum and maximum amounts vary heavily on the method utilized. Many methods, such as credit or debit card, Neteller, and others have a £20 minimum amount and no stated maximum. High stakes bettors should have no issues funded their account with five figures quickly and without any cost to themselves.

Withdrawal Options at Betway

At Betway, there are no fees for withdrawals. There are fees from intermediary and receiving banks to players who wish to receive a bank wire. Betway covers the fees for all other methods. Betway has improved their payout speeds as of late, but they still do have some restrictions when it comes withdrawals. Every withdrawal made at Betway requires players to verify their documents. This is the case at many bookmakers but is literally a part of every first payout request at Betway.

Their withdrawal restrictions are the most troublesome part about their Betway, even though they have improved payout speeds across the board. Players are limited to a £4,000 per week in withdrawals or 5x the amount of the total deposits made to the account. To say these restrictions are poor is an understatement. They’re almost unbelievable considering that Betway doesn’t have a listed maximum amount when it comes to deposits. To read more about deposits and withdrawals from betting sites options check our comprehensive guide.

With that said, Betway does process withdrawals in a timely matter. Payouts back to e-wallets take about 3-4 business days. Most other methods are similar. Their payouts are a massive improvement over the past, but they still have some ways to go.

Method	Deposit	Payout	Minimum Limit	Maximum Limit	Estimated Payout Time
Mastercard			Deposit: $10Payout: $50	Deposit: No Max.Payout: No Max.	24 Hours
Visa			Deposit: $10Payout: $50	Deposit: No Max.Payout: No Max.	24 Hours
Maestro			Deposit: $10Payout: $50	Deposit: No Max.Payout: No Max.	24 Hours
Neteller			Deposit: $10Payout: $14	Deposit: No Max.Payout: No Max.	24 Hours
SWIFT			Payout: $14	Payout: No Max.	24 Hours
PayPal			Deposit: $10Payout: $14	Deposit: No Max.Payout: No Max.	24 Hours
EntroPay			Deposit: $10Payout: $14	Deposit: No Max.Payout: No Max.	24 Hours

A deposit bonus in the form of a freeplay is available for new customers who make an account in the sportsbook. If you have made an account on any other of Betway’s gambling options and accepted a bonus, you are not eligible for a deposit bonus. Players must deposit within 7 days of registering their account to receive the bonus by entering the appropriate Betway Bonus Codes during the deposit process.

There are two bonus options. Both are 100% Match Bonuses in the form of freeplay. Offer number one is a match bonus worth up to £30. The second is a match bonus up to £100. Both are available in equivalent amounts in Euros or United States Dollars.

Depending on your country of origin, bonus options will vary. Players will not be able to use Neteller or Skrill for bonus deposits. The select few methods available are credit or debit card and PayPal. It’s too bad e-wallets aside from PayPal aren’t available, but all of these methods are easily accessible to just about everyone who wants to deposit.

Players must clear the bonus within seven days. The rollover can be slightly complicated because the rollover is higher depending on the odds of your wagers. However, for the most part, the bonus comes with a not so great, 6x rollover which includes the bonus and deposit amount.

Betway Plus is an awesome rewards program that is available for all players and options. Although rewards, will vary depending on your form of gambling (poker, sports or casino), they’re promotions year round for all sports and tiered rewards program.

Betway rewards players for their casino and sports betting play using a VIP points system using tokens. As players progress, they will gain more levels which result in increased rewards. The rewards and perks are excellent at the higher levels.

Players will up earn up 2.5 tokens per €10 wagered on sports betting markets. They will earn the same amount on casino table games but will receive five tokens per €10 bet on casino slots. Plus Points can also be redeemed for freeplay bonuses. 5,000 Plus Points gets players €10 in free casino credits, €3 in free sports bets, and €10 in bingo bonuses. The Euro is the base of the point system as a whole. It adjusts and converts into the player’s currency of choice using a real-time exchange rate.

Betway is one of those sportsbooks online that overwhelm players with a nearly unlimited amount of betting markets. That may overwhelm some novice bettors, but for sports bettors who love action and seeking out inefficient markets – it’s heaven.

Betway reminds us of 5Dimes and Pinnacle Sports because there’s almost no sport they don’t have available. Not only that, markets that are obscure and small still have a dozen or so betting markets in most cases. Live betting options are nearly limitless as well. Larger markets will have more in-play betting options. Pretty much every sport listed for pre-match betting has, at least, a few markets of in-play.

The betting software and interface Betway provides may be their best attribute. The menu is user-friendly, and players can go through thousands of markets from the homepage, without the need to reload. Betway’s markets are competitive. They offer Asian handicaps that have extremely low juice. Parlay and accumulator odds, along with most other markets are fair or above-average. However, as mentioned above, they do limit players rather quickly in most cases.

Betway has a ton of streaming options. Streaming choices will vary depending on your location, but they have done an excellent job as a mid-level bookmaker at providing their customers with streaming options around the clock. If you’re a fan of watching your stake live, Betway has a lot of appeal.

Betway doesn’t have the large land-based presence or history that many other bookmakers do in Europe and the United Kingdom. Although, they are easily equal to the big boys when it comes to betting markets. Their maximum payouts are excellent, but not at elite levels.

The minimum bet is £0.10 across all betting markets. The maximum winnings or payout varies quite a bit depending on the market. Maximum betting limits are readily available and not hidden deep in their terms and conditions or listed in a long FAQ. Most European and international football contests have a maximum payout of £250,000 to £500,000. These include major leagues across Europe such as the English Premier League, Spanish Primera, German Bundesliga.

The odds at Betway focus on UK-gambling interests for the most part. Their limits go up to £250,000 on racing and tennis. Most of their propositions and exotics cap at £25,000 for major markets. This is still an excellent amount for prop bets. Smaller market sports cap at around £100k. Although, some sports such as cricket, rugby, and others have low maximum payouts. These are set at around £10,000. If you have an interest in those markets and bet larger amounts, it may be the best search for another bookmaker.

Betway’s biggest improvement over the past few years and what has seen them rise across rankings worldwide (aside from improvement payout speeds) is their improved support.Betway doesn’t offer the phone wagering, but they have phone support, along with email and live chat. Support is available 24 hours a day, 365 days a year and their staff are one of the best online these days.

Betway is available in over a dozen languages. They also have a support staff available around the clock for all languages.

Betway has come a long way in recent years, improving its reputation, payout speeds, and customer service. With a massive selection of sports markets, live streaming, and a user-friendly platform, it’s a solid option for many bettors—especially those in the UK and Europe. However, its history of limiting winning players and strict withdrawal rules may not make it the best choice for high rollers or sharp bettors.

Before signing up, it’s always a good idea to compare Betway with other top-rated sportsbooks to ensure you’re getting the best experience. We’ve reviewed multiple sportsbooks, each offering different strengths in odds, bonuses, and betting limits.

Check out our full list of sportsbook reviews to find the best betting site for your needs!