Betway How It Works

Betway sets the maximum pay-out limit per customer for each sport at its own discretion. It is the responsibility of the customer to ensure they are aware of each limit before the bet placement. Betway is authorised by the Live Game Providers to represent, promote and market the services of the Live Games. Betway receives, holds and pays funds in relation to an Account Holder for the purpose of.

Betway How It WorksBetway

Established in 2006, Betway is an international online bookmaker registered in Malta. Though not among the biggest players on the world market, it is a reputable gambling company and one of the major online bookmakers in the UK. It operates not only under Maltese regulations, but also licensed in the UK, Ireland, Italy, Belgium, Denmark and Spain. The provider stands for safe and fair gambling as a member of several respectable associations. It also boasts ISO 27001 issued by eCOGRA that ensures customer data security, reliable operating environment and responsible operator behavior.

Betway is also known for its sponsorship, supporting a variety of clubs, teams and sports. This includes Ninjas in Pyjamas, a professional Counter-Strike team, West Ham United football club, Queen Mother Champion Chase and other events in cricket, darts, snooker, football, horserace and esports.

With the total number of registered users hitting a bit under 2 million, Betway focuses its activity mainly on European gamblers, having its offices in London, Guernsey, Cape Town and some other European cities. The website is available in 12 languages, but the main traffic comes from the UK (almost half of the visitors), followed by Germany, Norway and India. There is an extensive list of countries where Betway doesn’t provide its services, including the USA, Turkey, Israel, Australia, France, Portugal, Greece and more. According to Betway reviews, gamblers from some other countries, not mentioned in the list, can be also restricted from the services.

Betway site runs on software provided by the largest authority in this field, OpenBet, while sports statistics is delivered from the world leader in the area, Betradar. This counts in favor of the provider along with its impressive market coverage, claiming 190,000+ events and 50 sports. While positioning itself mainly as a sportsbook, the provider offers other gambling options, including slots, esports, roulette, poker and so on. Actually, there are 6 products combined under Betway brand:

  • Betway sports
    Primarily focused on European sports, the bookmaker grants access to many popular games, also featuring a selection of USA-based events and specific markets like Gaelic sports or martial arts.
  • Betway casinoUsers will be delighted to play 500+ games, ranging from licensed slots and machines with progressive Betway jackpot to all kinds of table games.
  • Betway esports
    The platform covers a good choice of popular games like Counter Strike, League of Legends, Dota 2, Starcraft 2 and more.
  • Betway Vegas
    Here, gamblers are offered to enjoy Vegas-styled slots, table and card games, boasting a touch of world-famous glamour and the biggest opportunities to win Betway jackpot.
  • Betway poker
    The poker room runs on Microgaming software with all the standard options coupled with Betway’s welcome bonus, additional deals and plus points program.
  • Betway Live
    The section gives a nice opportunity to choose from an array of live betting options ranging from football matches to tennis and basketball events.
How

In addition to providing both pre-game and in-play options, Betway’s variety of markets is accessible to desktops and mobile devices via browser and available through apps, which are compatible with Android and iOS based devices.

How It Works at Betway

Before registering an account at Betway, a new user should decide on a welcome bonus he or she wants to obtain. The thing is that new users are eligible for only one offer, either sports welcome bonus or casino welcome bonus. Those choosing the first option need to register on the provider’s Sports or Esports sections, while gamblers giving preference to the second offer should choose the Casino, Vegas or Live casino sections. No code is required to claim the bonus, but the users have to deposit funds into their account to be awarded. Also note that providing valid personal details upon registration is critical for seamless Betway withdrawal.

While based on Betway rules a minimum of €10 has to be deposited, a wager amount starts from 10p, which is quite a common case. The payouts vary depending on the market and can reach €500,000 per day for some football tournaments and leagues, while there are markets limited to only €10,000. Actually, the wins are far from being mind-blowing, especially when taking into account the fact that the operator alerts gamblers about setting the max pay-out limits for each sport at its own discretion.

However, the bookie ranks among the leaders for its high football, cricket and snooker odds, though its prices for the same sports in the live section are not so competitive. But unlike many other sportsbooks, Betway allows for an almost unlimited number of single bet selections along with a remarkable amount of multiples bet combinations. Together with the abundance of betting markets and many helpful features available on the provider’s website, this makes Betway an excellent mid-tier bookie for recreational betting.

Also, the assistance for punters is definitely among Betway’s strengths. The support service can be contacted via e-mail, live chat (available 24/7) and phone (several phone lines are assigned for gamblers from different countries), working to resolve customer problems. Based on Betway reviews from recognized sports review portals, such as SportsbookReview.com, CasinoListings.com, AskGamblers.com or Casinomeister.com, the support team does take the trouble to respond to their users’ comments and complaints, though some of them seem to be left unresolved. However, the bookmaker has above-average reviews and ranks rather high, while being out of blacklists.

Payments and Withdrawals

The platform allows for multiple payment methods, including the following options:

  • Debit/Credit card (Maestro, MasterCard and Visa cards are accepted)
  • Bank transfer
  • Online banking (Sofort Uberweisung, GiroPay, POLi, InstaDebit, Citadel Direct, ClickandBuy and so on)
  • Prepaid cards (Paysafecard, ecoPayz, EcoCard, Neosurf, AstroPay and more)
  • eWallets (Neteller, EntroPay, Skrill, Qiwi, PayPal, Click2Pay, etc.)

Totally, Betway accepts payments made through several dozens of both international and regional services, but some of them are deposit-only methods. The good news is that the provider supports as many as11 currencies in number, with CAD, USD, AUD, EUR, GPB, SEK and NOK among the most popular ones.

In most cases gamblers are allowed to deposit a minimum, equivalent to €10, with the max limited to €50,000. As for Betway withdrawal, typically gamblers can get their money as soon as they have a minimum of €10 on their account. The maximum amount a user is permitted to withdraw makes up €500,000. However, there are different conditions for some markets and payment methods, so users need to check this in advance. Besides, it is reported that Betway withdrawal can be limited in some other cases, such as when a user lost a large sum of money or hasn’t been playing for a long time (unless it refers to wins earned in progressive jackpots).

Regardless of preferred payment methods, most of the wins are paid within 3 business days with some minor exceptions. Unsurprisingly, users are not allowed to cash out to a bank account or web wallet that is not registered on their names. Also, deposits made from accounts with a different name, as well as from countries, which differ from that specified by the user on registration, can be declined.

Betway Casino

Betway casino is sometimes criticized for offering only Microgaming-based games for its users. Part of experienced gamblers finds it a bit boring, since they believe that the Microgaming choice of games is somewhat monotonous. However, most users seem to be quite happy with the no-frills, yet extensive library, which is really impressive in the number. Betway casino offers over 500 options to suit every taste, including:

  • 400+ slots
  • Nearly 60 video poker games
  • Over 40 blackjack options
  • About 20 table games
  • Almost a dozen roulette versions

Even advanced users cannot but appreciate this stunning selection of games, especially the second-to-none blackjack and video poker range. Though some games in video poker, blackjack and table games sections are duplicated, there are few providers on the market to compete with the gambling platform in this respect.

Besides, the casino is praised for its progressive slot machines like Mega Moolah, currently known as one of the highest paying slots in the world. It was exactly this machine that generated the largest Betway jackpot of almost 18 million euro in 2015. Also, users can enjoy about 30 licensed games, such as Lord of the Rings or Jurassic Park, and many popular slots, ranging from fruit machines and up to the newest Microgaming titles with bonus rounds, cascading wilds, multipliers, wilds and so on.

Fans of roulette are free to choose from European, American, French and multiplayer options, while getting access to live roulette. The full list of casino games comprises scratch card, dice, keno, baccarat and bingo games as well.

Betway how it works online

Betway Live

According to Betway reviews, the platform cannot boast an abundance of live sports events compared to other major players in the field. However, it seems that the bookie has gone to considerable lengths over the last few years, and nowadays it offers a decent choice of in-play betting, coupled with a small, yet top quality live streaming service. Betway in-play section covers tennis, football, ice hockey, volleyball, cricket, snooker and some other options, with a narrower range and coverage of events for live streaming though. Besides, the streamline service is limited to only a couple of countries. Nevertheless, the operator offers a great in-play menu of leagues and tournaments to bet on, supplemented with both fast updated odds and live infographic showing well-detailed statistics.

Speaking of Beway live options, live dealer casino games should be mentioned as well. The platform offers one of the largest selections of such games on the market, including roulette, baccarat, poker, Texas holdem and blackjack tables. Most of the games have multiple tables, a choice of table limits, a multiplayer option and an opportunity to play 2 games simultaneously. The live dealers speak English fluently, and there is a small number of games available in other languages.

Betway APP & Mobile Version

Users don’t need to download any software to avail of Betway gambling opportunities. All the provider’s sections are accessible via a browser (whether you use Google Chrome, Opera, Mozilla Firefox or Safari), and available for both desktops and mobile devices. Betway mobile site is every bit as good as its desktop version, giving the entire functionality to users of tablets and smartphones. The user interface is smartly scaled down to retain all the features like promotions, 24/7 customer support, mobile banking and more, while providing fast page loading, impressive stability and easy navigation.

On top of that, the bookie developed cutting-edge applications for both Android and iOS platforms. They can be found on App Store and Google Play, available in two options:

  • Betway Casino app
  • Betway Live Sports Betting app

The sports app allows for pre-game and in-play betting, with live streaming available for mobile users in some countries, including Ireland, the United Kingdom and Sweden. Gamblers can change markets like a breeze and benefit from useful statistics and tips provided. The casino app covers real money slots, live roulette and blackjack tables, making the journey to Betway jackpot really exciting and easy with its user-friendly interface, intuitive navigation and smooth operation. New users can sign up, create an account and claim their welcome bonus right from the apps. Though the apps are somewhat limited in payment methods compared to the desktop version, Betway withdrawal and deposit options are still numerous for users to be happy with the choice.

Betway Bonus

In keeping with the best online gambling traditions, the provider welcomes new users with bonus, which come in 2 types:

  • Betway sports welcome offer

It is required to deposit at least €10 within a week of registering in order to get a 100% match bonus up to €30. This bonus is credited as a Free Bet to user’s bonus balance, and the user needs to activate it by placing bets equivalent to the first deposit at odds of 1.75 (3/4) or more. The odds are applicable only to single bets, while for each-way and system bets the requirements differ. Winnings are paid into user’s cash balance after deduction of the initial bonus amount. Unfortunately, users from many countries are not eligible for this offer.

  • Betway casino welcome offer

Here, a new user can get up to €1000, but the requirements are more complicated. The user is offered to make 3 deposits in order to earn the three-part match:

  • 100% match bonus for the first deposit (up to €250);
  • 25% match bonus for the second deposit (up to €250);
  • 50% match bonus for the third deposit (up to €500).

A minimum of €20 is required to get the bonus, which can be also used on sports betting and which is available within a week of the registration. However, only slots and parlor games will have a 100% contribution to users’ wagering requirements upon using the bonus, while others will contribute no more than 8%.

In addition to the welcome bonus, the provider encourages gamblers with many other offers:

  • Match Bonuses
    Available in the form of a Flexi bonus and added on top of users’ deposit.
  • Free Credits
    Don’t require a deposit and added to a bonus balance, while they are subject to wagering requirements.
  • Free Spins
    Awarded on specific slots where a deposit is not required and paid into a bonus balance in the form of a Flexi bonus.
  • Daily Deals
    Come in the form of a percentage match bonus, free spins or a combination of offers.
  • Bonus Spins
    Awarded on specific slots where a deposit is required and paid into a bonus balance in the form of Flexi bonus.
  • Free Bets
    Available for wagering on sports and paid into a cash balance after the deduction of the initial bonus amount.

The platform boasts its brand Flexi Bonus system that applies to any bonus credited to users’ bonus balance except for Free Bets. It allows placing bets with funds coming from both cash and bonus balances at Bonus to Cash ratio. Winnings are also allocated back to both balances in the same ratio, making it easier for the users to withdraw their money whenever they wish.

Betway Workshop Map

5/5(1 vote )

Betway betting site is not a new service. It exists for many years in the online betting industry. It aims to be simple in use and convenient for members. Due to its growing popularity, Betway esports could gather people from European countries. Moreover, Betway is audited by eCOGRA, which aims to control the fair gaming and protection of the player’s rights. Moreover, you will be able to find the Betway app for android and iOS devices, which allows you to always check your bets, recent website news and play whenever you want.

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