Betway sportsbook in-depth review: Get the best bonuses for 2023

talkSPORT

18 August 2023

Betway sportsbook in-depth review: Get the best bonuses for 2023

Betway is a big name in the world of European betting and lately it’s been making a splash on this side of the Atlantic too. Find out everything the sportsbook has to offer.

Founded way back in 2006, Betway might be best known for being the site responsible for the world record $20 million slot payout in 2015. The site has gone from strength to strength since then, and is available in five different continents.

Our experts found a lot to like about Betway, including an exclusive bonus partnership with Uber which is unique amongst its competitors. We’re going to explain that in detail below, along with info about other bonuses, betting markets, the Betway mobile app, banking, customer support and much more.

Betway online sportsbook pros and cons

Pros

Multiple welcome bonuses
Claim a free Uber voucher
Daily odds boosts
Excellent customer support including live chat

Cons

Mobile app could be improved
Not as widely available as some sportsbooks

Betway’s welcome bonus and promotions

Promotional offers - and in particular welcome bonuses - are a huge part of the appeal of signing up to a sportsbook, and a key marketing tactic in their attempts to attract new bettors.

We’re covering them all in this section.

Betway’s welcome bonus - "First Bet Reset"

First up is Betway’s welcome bonus, which is called First Bet Reset and is effectively a risk free first bet. To claim this offer, all you need to do is sign up, make your first deposit and place a bet worth at least $10 at odds of at least –300.

If your bet wins, great! If not, you’ll receive the full value of your wager back in the form of bonus bet funds. The most you can get back with this offer is $250. When you place a bet using bonus funds, you only receive the profit portion of the winnings, not the value of the stake.

Overall, this is a good offer. It’s true that you can find risk free first bet offers with a higher limit at other sportsbooks (like BetMGM for instance), but the majority of people are likely to be more than happy with the $250 limit and plenty of people wouldn’t be comfortable placing a higher value single bet anyway.

Betway’s welcome bonus alternative - Uber voucher

Impressively, Betway has an alternative welcome bonus if you don’t like the sound of a risk free bet, and it’s a very interesting one: a free Uber voucher.

To opt into this promo, you must select the correct option when you are making your first deposit in the cashier. Once you’ve done so, you need to deposit at least $25 and place your first bet. It needs to be worth between $25 and $50 at odds of at least –120.

As soon as your bet is settled within 7 days, you’ll receive an Uber voucher worth the same value of your bet sent to your email address. Basically, if you sign up and place a $50 bet, you’ll get a $50 voucher you can use either for ridesharing or Uber Eats. We haven’t come across this kind of promo too often, and we’re big fans.

Parlay Club

This is a simple on-running promo based around parlays. Anytime you place a parlay worth at least $25 with 3 legs or more, you’ll receive a $10 free bet. As usual, you’ll only receive the winnings of the free bet if you win. We like this offer: it’s easy to understand and valuable for lots of people.

Sport-specific promos

Betway has regular on-running promos and offers for specific sports, which change all the time depending on what events are happening in the sporting calendar. Events like the Super Bowl, Wimbledon or the World Cup will all have promos like free bets and enhanced odds.

Quick facts about Betway

Casino section available: Yes
Mobile app: Yes (Android, iOS)
Early cashout: Yes
Available payment methods: Credit Cards (Visa/Mastercard), PayPal, VIP Preferred (ACH Transfer), Betway | Play+, PayNearMe, Casino Cage
Operational since: 2006

🗺️ Where can you legally bet with Betway?

A tide of sports betting legalization is slowly sweeping the US, ever since the Supreme Court decision in 2018 enabled each state to decide its own laws. By 2023, well over half the states in the country included some form of legal sports betting.

In terms of availability, Betway is not quite at the level of some of the other top sportsbooks just yet, but it’s getting there. Right now, you can bet with Betway in the following states:

Colorado
Iowa
Indiana
New Jersey
Ohio
Virginia

What sports can you bet on with Betway?

Betway has a very solid range of sports you can bet on and is certainly competitive with the other top sportsbooks in the US. They include tons of betting markets on the most popular sports, like NFL, NBA and soccer, and also some perhaps less well known options carried over from Betway’s depth of experience in Europe, like Rugby Union and Rugby League. You can also bet on e-sports, which is good to see.

The full list of sports available during our Betway review is below. It’s worth remembering that it is by no means definitive, and you can expect new markets to be added over time.

Baseball
Soccer
Basketball
Golf
Motor Racing
Tennis
MMA
Football
Boxing
Lacrosse
E-Sports
Hockey
Aussie Rules
Cycling
Cricket
Darts
Rugby League
Rugby Union
Snooker
Volleyball

Joining Betway is very easy. During our tests, the whole process took under two minutes and just required some pretty basic personal information. Here’s a guide:

Use the provided link to get the best bonuses.
The first screen involves creating account details. Type in your email address and create a password. Tick the box to confirm you are over 21 years old, and click continue.
The next screen involves your personal details. You’ll need your full name, date of birth and phone number as well as your address and your SSN.
You’ll have to create a security question and answer for extra account safety.
Before you finish, there are some boxes you need to tick to confirm your identity and that you accept Betway’s terms and conditions. You can also set some preferences at this point, including how you want Betway to contact you with promotions and offers and some login security details.

Depending on the info you provided, you may also need to verify your identity by sending Betway a copy of your ID. This is a legal requirement from each state’s gambling authority and only needs to be completed once.

📱 Does Betway have a mobile app?

Yes, Betway has a mobile app available in each state for both iOS and Android. It was something of a rocky start for Betway’s mobile platform, with a few teething problems when it first launched, but we’re happy to say things have improved somewhat lately. It currently has a rating of 3.6 on the Google Play Store.

There were a couple of features our team really liked on the app. One was the same-game parlay building tool, which works great on the small screen. You can easily flip between different tabs related to a single game and add different selections to your betslip, testing out different parlays before placing one.

Betway also allows you to cash out early on live bets, which works really well on the app.

💰 How to claim your welcome bonus at Betway

As covered above, new players actually have two different welcome bonuses up for grabs at Betway. There is no promo code or bonus code required to claim either of them.

All you need to do is the following:

Head to the deposit section of the cashier and click on your preferred offer to opt-in.
Make a qualifying deposit, according to the terms of the bonus.
Make a qualifying first bet, which must be settled within 7 days.

That’s it! Your bonus will be automatically paid out - either in bonus funds or an Uber voucher - as soon as your qualifying bet is settled.

💳 What payment methods can you use at Betway?

Betway has a great selection of payment methods for both deposits and withdrawals. There are absolutely no fees charged by the sportsbook for either deposits or withdrawals, although as always there may be fees applied by your bank or other payment provider.

The full list of deposit options is here:

Credit Cards (Visa/Mastercard)
PayPal
VIP Preferred (ACH Transfer)
Betway | Play+
PayNearMe
Casino Cage

All deposits are processed instantly. We found the experience extremely smooth during our tests.

The following withdrawal methods are available:

PayPal
VIP Preferred (ACH Transfer)
Betway | Play+
Casino Cage

Again, we have no real complaints about the withdrawal process. As is standard, Betway imposes a pending period on all withdrawal requests. They don’t give an exact time for any method, but during our tests it took a day or two on average before the request was approved.

After that, Play+ and PayPal withdrawals were paid out almost immediately. ACH Transfers can take up to another week before they hit your account.

What betting markets are available at Betway?

Betway has been in the game for a long time, so we’re not surprised to report that there is a deep and varied selection of betting markets available. Below is an overview.

Moneylines, spreads and totals

Moneyline bets, betting against the spread and totals bets are generally the most popular forms of betting, and Betway has all of them covered for all its sports. Placing a bet is nice and simple too: you just need to click on your selection to add it to the betslip, type in your stake and confirm your bet to lock it in place.

Futures

Futures are bets on the winners of tournaments or events happening at some point in the future, like betting on the winner of the US Open in golf or the Super Bowl winner. You can place futures at any point, but they are especially popular at the start of the season or the beginning of a competition. Betway has a full menu of futures on all major sports.

Prop Bets

Props are bets on specific aspects of the game or specific players’ performances, like betting on running yards in the NFL or three points in the NBA. Compared with the likes of moneyline bets, props can get a lot more technical and specific. As you might expect, the deepest prop betting menus are in the most popular sports like football, basketball and soccer.

Parlays

Placing parlays at Betway is easy. You simply add as many legs as you want to the betslip and it will automatically update with your different betting options. There is also a useful bet builder tool, that guides you through building a parlay and suggests different options.

Is live betting available at Betway?

Yes. the live betting section is a strong point of the platform, on both the desktop site and the mobile app. Clear and easy to navigate software is extremely important for live betting, and that’s exactly what Betway provides.

We like the little graphic icons that show you what sports are happening live right now, and how many matches are currently live. When you click into a match, a Match Tracker box appears with live updates, an animated tracker showing the action as it unfolds and a stats box. It’s a really useful way to get an idea of how a match is progressing, just with a single glance.

Betway also supports instant cashouts on all bets, which goes hand-in-hand with the live betting section.

Are there DFS available at Betway?

No, Betway does not currently offer Daily Fantasy Sports games.

What kind of loyalty program is available at Betway?

Betway doesn’t really have a loyalty program associated with its sports betting platform. There are lots of on-running promotions, including Odds Boosts, free bets and other offers, but they are available to all bettors as opposed to being earned through loyalty points.

📞 How to contact Betway’s customer support.

We’re very happy with the customer support options at Betway If you run into an issue, your first stop should be the help section. Here you’ll find a deep menu of FAQs explaining various parts of the site. It’s fairly likely you’ll find whatever info you’re looking for here.

If you don’t, you can click on the live chat box in the bottom left of the help section. During our tests, we were connected to a customer support agent almost immediately, who was able to answer our questions right away. You can also submit an email enquiry via the tool, and wait for a response if you prefer.

Closing thoughts on Betway

Our team had lots of positive feedback after our Betway review. We’re big fans of the software and general design of the website: it’s fun and easy to use for both beginners and more experienced bettors. We love the fact that there are two different welcome bonuses. The Uber offer is not only valuable but really unique, and helps Betway stand out from the crowd.

In terms of improvements, Betway’s mobile app is still lagging behind a little in terms of customer reviews compared to the most popular sportsbooks out there. But we’re happy things are moving in the right direction.

We’re happy to recommend trying Betway for yourself, and claim your free Uber voucher today.