Betway Review

Betway Review

When the company launched in 2005, Betway LTD had one goal – to be one of the best, legal betting platforms online. Over the years, this company has stayed true to its goals by providing European players with advanced sports betting, bingo, poker and casino software. During its existence, the Betway LTD website has undergone two major site redesigns which have aided in making the site more user-friendly and catered to the products which have been added over the years.

Today, players who join Betway can expect diversity in everything from their payment options, to the sports/events which are open for wagering, to the library of over 500 casino games. The Betway name has become synonymous with the positive reputation the company holds and trustworthy online gambling.

Who Can Play

Betway is currently open to players over the age of 18 who reside in the following countries:

  • Austria
  • Japan
  • Luxemburg
  • Portugal
  • Brazil
  • Hungary
  • Liechtenstein
  • Sweden
  • Czech Republic
  • Russian Federation
  • Netherlands
  • U.K.
  • Finland
  • Switzerland
  • Norway
  • Poland
  • Germany
  • Latvia

The site supports languages for all of these countries and EUR, CAD, USD, GBP currencies. Betway is not open to players who reside in the United States and its territories; outlying territories of Spain, North Korea, Russia, Italy, Mexico, Singapore, Iran, Israel, Italy, Greece, Greenland, and Hungary; nor any players who reside in Australia, Belgium, Bulgaria, Denmark, or France.

Who licenses this site for online gambling?

Betway LTD is licensed by both the Malta Gaming Authority and the United Kingdom Gambling Commission. Both governing bodies are known for their strict regulations on off-shore betting sites and their ability to closely monitor such sites.

What is the user base like?

This company claims to have a user base of over 1.8-million players across all of their gambling products. The player base is a mix of new and want-to-be-professionals alike. With so many different avenues for betting all in one place, it’s easy to see why this site is a popular choice.

Banking With Betway

Betway offers a large selection of banking options and most can be used for both deposits and withdrawals. When players fund their account, the money can be easily moved from one product to another through the cashier. Players can expect instant payments and quick withdrawals from all options available.

What deposit methods are available?

All of the accepted deposit methods have a minimum of €10 and a maximum of €50,000 per day with only a few exceptions. Skrill Moneybookers and Skrill 1-Tap allow a minimum of €5 and maximum of €5,000 per day; EcoPayz requires a minimum of €250 and maximum of €30,000 per day; and Click& Buy eWallet has a minimum of €5 and maximum of €350 per day. This casino accepts the following deposit methods:

Credit/Debit/ Prepaid Cards

  • Visa
  • Visa Electron
  • Mastercard
  • Maestro
  • EntroPay Card
  • AstroPayCard
  • PaySafe Card
  • uKash
  • Neosurf

eWallets

  • Click and Buy
  • EcoPayz
  • EziPay
  • Neteller
  • PayPal
  • Skrill Moneybookers
  • Skrill 1-Tap
  • Euteller
  • Qiwi Wallet

Bank Transfer Options

  • Direct Bank Transfer
  • GiroPay
  • Sofort Banking
  • EPS
  • eWire
  • Lobanet
  • Przelewy24
  • Poli

What payout methods are accepted?

Players may request a payout through any of the approved methods listed below. Not all options are available in each country. There is no max payout but players are limited to no more than €4000 or 5x the total deposits made over the lifetime of their account; whichever is higher.

Credit/Debit/ Prepaid Cards

  • Visa
  • Visa Electron
  • EntroPay Card

eWallets

  • Click and Buy
  • EcoPayz
  • EziPay
  • Neteller
  • PayPal
  • Skrill Moneybookers
  • Skrill 1-Tap
  • Euteller
  • Qiwi Wallet

Bank Transfer Options

  • Citadel Direct
  • Direct Bank Transfer
  • Lobanet
  • Przelewy24

What is the payout time frame?

On average, it takes between 1 and 3 business days for payout approval and processing. In some cases, it may take up to 7 business days.

Bonus Information

Each gambling product offered by Betway LTD has its own unique bonus for new players. These bonuses can be used on the different products and carry different contributing values to meeting your wagering requirements. You can find a detailed look at available bonuses under the individual product reviews below.

In general, there are few additional bonuses offered to all players. Instead, account managers review players’ activity and offer promotions and bonuses on a case by case basis.

All bonuses offered by this casino follow the same Terms and Conditions which are as follows:

For Deposit Bonuses
  • 50x wagering on casino games. 100% credit for slot and parlor games, 8% on table poker, roulette, blackjack, video poker, and casino war. Excludes – Classic Blackjack, Baccarat, Craps, Sic Bo, Red Dog, Jacks or Better Games and All Aces Poker Games.
  • 500% credit on sports bets with 1.75+ odds; 100% on bets with odds between 1.3 and 1.74. Bets below 1.29 odds receive 0% credit.
  • Playing on excluded games may void all winnings associated with any bonus.
  • May withdraw bonus amount – all winnings after wagering requirements have been met.
For No Deposit Bonuses
  • Bonus amount cannot be withdrawn.
  • 30x wagering on casino games. 100% credit for slot, parlor games, and American Roulette. 50% for table poker, roulette (except American), Red Dog, Sic Bo, and Casino Ware. 10% on video poker, craps, baccarats, and blackjacks except classic blackjack and all aces video poker. 2% of Classic Blackjack and All Aces video poker.
  • 300% credit on sports bets with 1.75+ odds; 100% on bets with odds between 1.3 and 1.74. Bets below 1.29 odds receive 0% credit.
  • Playing on excluded games may void all winnings associated with any bonus.

Betway Plus Loyalty Program

It pays to play regularly at Betway. Whether you prefer to wager on sports or slots, you will earn loyalty points for doing so. Players earn 5 points for every €10 wagered. As you progress through the ranks, you will earn better rewards. The points required, on the table below indicate how many points are needed to reach that loyalty level. Maintenance points are the number of points you need each month to maintain your ranking.

Poker players have a separate Plus Points system which is outlined in our review of Betway Poker. Loyalty members are eligible for exclusive offers, higher deposit bonuses and are eligible to redeem points for cash at a rate of 5000 points = €10 Casino Bonus|€3 Sports Bonus|€10 Bingo Bonus.

Blue Silver Gold Platinum Diamond

Privé

Points Required X 5,000 25,000 75,000 1,000,000 2,500,000
Maintenance Pts X 2,500 12,500 37,000 50,000 125,000
Bonus Points X 25% 50% 75% 80% 90%

Important Note: All points will expire 90 days of account inactivity. Inactivity is considered not partaking in any real cash wagers during that time.

Betway Offerings and Software

Betway LTD has four main gambling products – casino, sportsbook, bingo and poker. There is also the racebook and Vegas casino which are sub-sections of the sportsbook and casino, respectively. The company continues to evolve its game offerings and provide better quality programs each year. We’ve seen positive changes in the quality and quantity of games across all platforms as they have matured. Web-based play is available on any Android, Blackberry, Apple or Windows based phone or tablet and there is a Betway app for Android and Apple phones.

Betway Poker

The first product launched by this company was Betway Poker in 2006, less than one year after the company was founded. The poker tables feature several unique features such as the quickfold option which allows players to fold their hand and move on to the next table instantly instead of waiting their turn. The high-speed tables of Blaze Poker are just what you need if you want to get in, win, and get to the next table while enjoying a variety of opponents. To top things off, new players are welcomed with a €750 bonus.

Betway Poker Review

Betway Casino/Vegas

In 2007, the casino was added to this companies offerings. It features over 400 unique 3 and 5 reel slot games and over €9,000,000 in progressive jackpots. The Vegas section of the casino is perfect for players who want to focus only on slots while the main casino also features a variety of blackjack and roulette games, video and power poker, keno, Sic Bo and more. You will find classic games as well as those with bonus rounds and even licensed themes like Game of Thrones and Jurassic Park. New players who sign up for an account are eligible for the €1000 casino bonus.

Betway Sports & Racebook

With a stellar reputation behind them, Betway launched the sports and race betting portion of their site in 2012. They were late-comers to the online betting game but took off fast thanks to being a well-known and reputable brand. New players are invited to claim the €30 free bet to help them get started wagering on any of their favorite sports. You can even bet live and in-game on dozens of events.

Betway Sports Betting Review

Betway Bingo

2014 brought the year of Bingo for this company. The popular game started off modest with only basic 75 and 90 ball games. Shortly after launching, the company gave players more by adding free daily games, over €250,000 in real money prizes each month, and various jackpot games. You too can get in on the action with the 300% welcome bonus up to €150 for all new players.

What software is used at this site?

All offerings of Betway LTD use Quickfire Gaming Software. This unique all-in-one platform was created by Microgaming Software Systems LTD. This company was founded in 1994 and is credited with having launched the first real online casino. To date, they have paid out nearly 6-million dollars in winnings through their various platforms which features 800 usual games and 1200 variants. Games are composed of a mixture of licensed and proprietary content and new games are released each month.

What is most impressive, of course, is the quality of the games that are offered. Nearly every game in the library that is featured in Betway bingo, casino, Vegas, and poker is above industry standard. Our personal favorite is the multi-player poker game which features attractive Playboy hosts who look so life-like you’ll think they just jumped off the page of a magazine. With the addition of mobile and in-game betting to Quickfire’s platform, players will not miss a beat – or bet – because of a lagging game. Microgaming is known for being at the forefront of software development for online gambling enterprises which is one of many reasons why they are the foundation of the Betway name.

Who tests Betway LTD for fairness?

Betway LTD products are certified by eCOGRA for fairness. E-Commerce and Online Gaming Regulation & Assurance (eCOGRA) is a United Kingdom based company founded in 2003. It is considered the leading independent tester of online gambling sites and is an internationally accredited testing agency.

Customer Service

It can be difficult to find customer service online which can actually knock your socks off. A huge part of Betway’s success is their devotion to providing exactly that. Whether you reach out for help via phone, email, or live chat, you will be greeted with professional, friendly representatives who are eager to help you. In our experience, the staff was not only able to answer basic questions for non-members, but also quick to provide links to additional information nestled within the website. Their social nature made the entire experience comparable to dealing with the pleasant casino hosts of a land-based enterprise.

How are customer allegations handled?

Betway LTD is registered with Independent Betting Adjudication Service LTD (I.B.A.S). This organization is responsible for handling any customer complaints against the company or its products. I.B.A.S is composed of betting experts who are impartial in their task of resolving issues between players and Betway.

Final Opinion

When it comes to creating a unique all-in-one gambling platform, most sites are not able to hit the mark like Betway. Each product is carefully crafted to offer the best experience for players. From the life-like Live Dealers who look fresh enough to be standing next to you to the quick response of the mobile betting platform to the mega jackpots in slots and bingo games, there is something to enjoy no matter what you prefer to play.

This company does lack any substantial additional bonuses, however. This can be seen as one of their drawbacks. We believe, however, that it makes the bonuses that much more special when they come around to players who are loyal to the site. The Betway Plus Points Scheme is an excellent way to earn more points, access to bigger bonuses, and cash bonuses for your favorite products.

Betway LTD has continued to go above and beyond for players in everything from making the site more user-friendly to providing exceptional customer service. If they can accomplish all this growth and nearly 2-million registered users in just one decade, we can only imagine what they will do next.