Betway Review
4.8

Betway Review

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As a fully-licensed bookmaker, this is an ideal destination for extensive betting opportunities. In this Betway review, we introduce you to the Betway sports betting offering, promotions, and payment methods. As you read our Betway review, you’ll learn about:

  • Sports betting opportunities
  • Licensing and security
  • Bonuses and promotions

Quick facts on Betway India

Deposit & Withdrawal Methods

UPI Skrill Neteller AstroPayNetBankingVisaMastercardLocal Bank Transfer

Most Popular Payment Methods

UPI and NetBanking

Popular Sports

Cricket, Kabaddi, Tennis, Football

Mobile Betting Apps iOS and Android
Products Sportsbetting and Live Casino
Support Live Chat and Email

About Betway 

A new way to bet on sports online was created by Betway in 2006. This bookmaker has a strong commitment to providing the best possible betting opportunities. Punters can bet on all the popular sports like football, basketball, cricket, and tennis. The sportsbook also allows different types of betting formats from pre-game bets to in-play betting.

This bookmaker is not limited to sporting events only. It also offers Betway casino and live casino games for casino enthusiasts. Managed by Betway Limited, it operates with two remote licenses from Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC). They also hold an eCOGRA certification with a strong commitment to fairness and safety. The Betway online website is presented mainly in the English language. However, it is also offered in languages such as Dutch, French, Norwegian, and Portuguese.

What Bonuses Are Offered at Betway? 

To sign up for an account with the Betway sportsbook, click the ‘Play Now’ button at the top of this page. You become eligible for the Betway welcome bonus offer once you have made your first deposit. This bookmaker also rewards its new customer with a Betway sports free bet. This bonus offer can only be used or redeemed through your Sports account. It cannot be used for casino games. Free bet offers vary based on player location, so check the ‘Promotions’ page to get all the local offers available to you. 

Every sportsbook offers various bonuses to its users in order to enhance their experience. The other aspect of offering the bonus is attracting new users. This sportsbook offers the following bonuses:

  • Deposit bonus
  • Free Bets
  • Loyalty program

Deposit bonus:

After creating a successful account in this sportsbook you need to make the first minimum payment deposit. When you deposit the amount within the required days, you will receive the bonus.

Moreover, in order to get this bonus, you do not need to bet the whole deposit amount. There is a certain flexibility for players to place their initial wagers. Furthermore, you can get the opportunity to win up to $200 in this deposit bonus.

Funds withdrawal:

Players can withdraw their money without putting any effort if they follow the withdrawal requirements. However, you need to fulfill the betting requirements at sportsbook in order to take out any profit, or bonus money.

The question may arise is betway legit or scam? For the answer to this question, players should know that betway first always verifies and then cash out their transaction.

Moreover, betway also follows the guidelines which are established by the Financial Stability Board on Financial Fraud. It is useful to take into consideration certain pre-withdrawal limitations that might be relevant.

Furthermore, your refund will indeed be reimbursed using the same method that you used to make your investment, when applicable and whenever available. You’ll be happy to know that if betway is unable to complete your transaction in this way, your money will also be reimbursed using any other mode of payment that you have selected.

Based on the transaction type and the cash withdrawal restrictions and conditions, withdrawals might occur as a single transaction or in a series of payments.

Identity verification:

The Betway will confirm your identification at this stage. Otherwise, your account will be disabled if you don’t fully verify within the given time limit.

Age is very crucial to utilize the services of betway i.e. betway in play betting or any other wagering, you must have a minimum age of 18 years. It is illegal for anyone minor to gamble.

Depending on the data you provided during the application procedure, the sportsbook makes every effort to proactively validate your data. You are expected to present legitimate identity papers verifying your identification, residence, and age.

The following are the required identity documents for the sign-up process:

  1. A copy of a legitimate ID card, like a driver’s license or a passport.
  2. To verify the residence, a copy of the latest utility bill. Make sure the utility bill should be no more than three months old.
  3. A photocopy of the latest bank statement is also required.

You should submit further data so that betway is capable of correctly authenticating your identification if the data submitted do not authorize the sportsbook to validate your facts. Your profile will be terminated if betway is unable to finish the authentication.

Credit verification:

Based on the data provided during sign-up, the sportsbook retains the authority to have 3rd party credit reporting agencies which do credit analysis on all users.

Transfers between accounts:

It is totally forbidden to transfer money across personal accounts.

Economic organization:

Since Betway is still not a finance company, any transactions put into your wallet aren’t subject to every interest expense.

Economic or tax assistance is not something that Betway offers. Players who want legal and financial assistance are recommended to speak with the right professionals.

All taxes that might be due on every award and/or wins you receive through Betway are strictly your responsibility.

Bonus rules and regulations:

The sportsbook might occasionally provide incentives, offers, and/or challenges that are subject to certain rules and restrictions. Any rewards or unique rewards that have been awarded to the player’s account should be utilized in accordance with these rules and regulations.

How to claim Betway promotion code:

Players must sign up to be eligible for such deals, and there are many promotional codes for such various offerings. You must perform the following measures to receive your rewards:

Set up an account

Players have to register an account on the sportsbook platform in order to receive a bonus. Moreover, the new joiners will be happy to know that they can sign up easily from anywhere. The player’s account must be signed up with the following information:

  • You must share your account information like email address, username, and password.
  • Players’ personal information which includes gender, initials and last names, date of birth, and region.
  • Your contact information which includes your phone number, address, location, province or district, and postal code.
  • To assist in ethical gaming, you can also decide on daily, weekly, and monthly transaction restrictions.
  • Choose the language and money of your choice.
  • Furthermore, check the box to confirm that you have reached older than the country’s legal age limit for gambling. To acknowledge the generous welcome rules and guidelines.

Betting requirements:

In order to collect an incentive, there is a specific gambling demand for every promotion code. While registering for just any promotion, it is essential to review the company’s website to see its policies and terms.

Bonuses on smartphone applications:

Online gambling applications are here to remain and are becoming more widespread throughout the world. The online bookmaker has created betting apps both for Android and iPhone smartphones to keep up with the times.

Furthermore, players have the advantage of placing bets from everywhere and anytime with ease. Players can download the iOS application from the Apple play store. However, there are restrictions to downloading mobile applications on android phones.

But there is a way to use the application on android phones by the installation of apk file from a sportsbook site to access the app. As long as consumers choose to participate during registration, payments are largely identical to the online system.

Withdrawal of promo codes:

If anyone selects a promotional deal that has a betting limitation, you must fulfill that demand until you can receive any bonus funds.

Your money deposits are always recoverable. You can approach customer service if you want to take your cash before meeting the betting obligations.

Please keep in mind that if you take your cash just before the terms of the discount code have been met, you will have to lose your reward amount. Kindly read all rules and guidelines carefully before accepting any attractive deals.

Eligibility:

Most Sportsbook promotions are for clients who play for fun. However, Betway reserves the right to impose restrictions on which players are eligible to take part in a particular promotion. Sportsbook has the option of not making any or every promotional offer to any user.

All deals are restricted to one individual, one house address, one contact information, one mobile number, and the very same deposit bank details (such as a bank card, etc.). Also, a mutual desktop, such as one at a city library or location of employment.

Account Cancellations and Restrictions:

Betway retains the authority to terminate your subscription without prior notice in the event of breaking the rules or participating in any of the illegal activities. For instance, cyber fraud, money laundering, sponsoring of terrorists, transaction theft, and others.

Until a thorough investigation has been conducted, your profile will stay prohibited. You guarantee to provide full assistance during any inquiry into such activities by a sportsbook.

The sportsbook has no duty to return any of your account’s funds if you’ve been involved in illegal behavior. Additionally, the sportsbook will disclose your individuality and any illegal criminal, untruthful, or inappropriate interaction to appropriate agencies, sporting events, advisory boards, or other financial firms. You are not allowed to create any more profiles with this sportsbook in the future.

Betway Payment Methods

There are a number of options to make a deposit and withdrawal the amount in this sportsbook. Moreover, the players can choose from a wide range of options such as eCheck, Neosurf, SOFORT Banking, Trustly, iDebit, Visa, Skrill, and many others.

The player can also use PayPal to make the transaction in Betway. In addition to the above-mentioned methods, there are more options based on the region, such as Payspark, bank transfer, Ukash, Giropay, and InstaDebit. Furthermore, the sportsbook does not charge any extra charges from its players while making the deposit and withdrawing the amount.

The other significant aspect of betway in play betting is that you can get a wide range of currency options. Since this sportsbook has a worldwide audience, so you can select suitable currency options. Some currency options are AUD, SEK, RUB, CHF, NOK, USD, DKK, NZD, GBP, and others.

Betway payment deposit:

In order to start placing the bets, the first criterion is to make the initial minimum amount deposit. To make the user experience more smooth and hustle-free Betway has come with numerous deposit options. Therefore, it is important for the users to go through all options and select the best suitable one.

Moreover, the players select the sportsbook based on the ease of making the deposit. Following are some of the options that you can select to make the deposit:

Bank cards:

This sportsbook permits the players to use bank cards to deposit their payments. Moreover, you can also use the bank cards such as MasterCard and Visa in this sportsbook. It is necessary to read all the instructions and criteria from the sportsbook’s official website. Then select the suitable bank card option.

E-Wallets:

If you are already using e-wallets for your online transactions, then you can also select this option in this sportsbook. Moreover, it offers you some best e-wallet options, such as PayPal, Neteller, and Trustly. The users can also get some promotional offers on these options. Therefore, keep checking the terms and conditions for the bonuses.

Is PayPal acceptable in Betway?

There are a number of reasons for the popularity of PayPal betting. The first one is secure and reliable transactions. Therefore, this sportsbook also supports PayPal payments, so you can seamlessly make deposits and start playing the games.

Moreover, the PayPal payment method is simple, hustle-free, safe, and fast. The process for depositing the payment is instant. Furthermore, if you want to win the sign-up bonus at this sportsbook, you need to make the first deposit using PayPal. Additionally, another significant aspect of this method is that all the transactions are free of charge. However, in other methods, there are some deductions as a service fee.

Depositing the payment using Credit or Debit cards:

After creating a successful account in this sportsbook it is necessary to use either a credit card or PayPal account to make the first deposit. So, these are the only two methods that enable you to get the first sign-up bonus. However, you can use both a credit card and a debit card to deposit the payment.

The Visa card and Mastercard are the two most common and widely acceptable options in this sportsbook. Furthermore, their processing time is also instant, and you get a quick amount in your accounts. Just like PayPal, there are no additional charges or fees involved in the transaction of credit or debit cards.

Betway Bank deposit:

To make the payment method more secure and accessible this sportsbook also partnered with many banks. Therefore, players can also use their bank accounts to make deposits. For this, visit the official website and check which bank option is available to make the transaction.

Deposit time:

The available payment methods permit users or players to deposit their payments quickly and securely. Except for the bank transfer option, which takes some time, all the other methods take a few minutes.

As soon as the payment transfers to the account, the players can start placing their bets. This is another advantage of this sportsbook is that the payment deposit takes minimum time.

Minimum deposit amount:

The bettors should need to make the minimum deposit amount in their sportsbook account. Otherwise, they won’t be qualified for further betting. Furthermore, every payment method comes with its own minimum deposit limit. Therefore, it is necessary for the players to be aware of the minimum deposit limit before making the transaction.

Currency exchange option:

This sportsbook tries to satisfy all the needs of its players. The players can make the deposit in any given currency option. For this, they just need to log in to their account and go to payment options. Then select the desired currency option in which you want to make the deposit.

Steps to deposit the amount in your Betway account:

You can easily deposit the payment in your sportsbook account by following these simple steps:

  • Visit the sportsbook official website: First, you need to log in by visiting the sportsbook website.
  • Go to the Cashier Page: Find the cashier or payment page option on the home page and enter the cashier page.
  • Suitable payment option: You can view many payment options. Select the most suitable payment method. After that, you need to provide some information related to the payment method.
  • Provide the deposit amount: In this step, you need to enter the amount which you want to put in your sportsbook account. Then press the deposit button. 
  • Confirm the transaction: Finally, confirm the deposit amount by viewing the account balance. The time required to credit the funds may vary based on the selected payment method.

How to Deposit or Withdraw From Betway? 

Funding your account or claiming payouts is secure and convenient at this bookmaker. In this Betway review, we list a wide selection of payment methods below.

Deposit Methods

This online sportsbook accepts deposits through some of the most trusted deposit methods. You can choose from options like bank transfer or credit and debit cards. The site is also a PayPal-ready sportsbook which enables even faster transactions. 

Deposit MethodMinimum Amount/CurrencyProcessing Times
UPIINR 1000Instant
NetbankingINR 1000Instant
VisaINR 500 or INR 200 (first time depositing)Instant
NetellerINR 500 or INR 200 (first time depositing)Instant
SkrillINR 500 or INR 200 (first time depositing)Instant
INBINR 1000Instant
AstropayINR 500 or INR 200 (first time depositing)Instant
MuchBetterINR 500 or INR 200 (first time depositing)Instant
NeosurfINR 500 or INR 200 (first time depositing)Instant
ecoPayzINR 500 or INR 200 (first time depositing)Instant
ecoVoucherINR 500 or INR 200 (first time depositing)Instant

Withdrawal Methods 

As confirmed during our Betway review, you are only allowed to withdraw using the same method used upon depositing.  

Withdrawal MethodMinimum Amount/CurrencyProcessing Times
Bank TransferINR 1000Up to 7 days
WebWallet (Skrill/Neteller)INR 10002-24 hours
NetellerINR 10002-24 hours

Trust, Safety and Licensing Information

As a brand managed by Betway Limited, the Betway sportsbook is reputable thanks to its two approved remote operating licenses. In Great Britain, it operates with an approved license from the UK Gambling Commission. It also operates with an international remote gaming license from Malta Gaming Authority. All games at this online sportsbook are safe and fair as games and the platform have been certified by eCOGRA. 

The bookmaker is part of the International Betting Integrity Association. Furthermore, they are also backed by the Independent Betting Adjudication Service (IBAS). This Alternative Dispute Resolution (ADR) service is approved by the Gambling Commission. It helps protect both consumers and operators in times of dispute. As part of its commitment to responsible gaming, it also supports GAMSTOP. With all these credentials, you can rest assured that you only get the best possible services in a safe environment.

Markets Available at Betway 

This sportsbook offers an overwhelming selection of betting markets available for major sports. It covers some of the best sporting events like Cricket, Football, Tennis, Horse Racing and betting on eSports. Betting systems available at the bookmaker are: single, multiple, and system bets. You can also choose to play on pre-match games or in-play bets. Betway betting markets guarantee satisfaction to sports bettors. 

Betting on Esports

The sportsbook launched its esports betting category back in 2015. Now this category is one of the most appreciated and popular among its users. Furthermore, it also includes various tournaments in this category to make the user experience more exciting.

Some amazing esports options are Dota 2, Valorant, Starcraft 2, Startcraft BroodWar, League of Legends, and CS: GO. Moreover, this sportsbook provides many features to this category that are similar to the traditional sportsbook. You can enjoy the options such as boosted odds, early cash outs, and live betting in the Esports category.

Extra Betway Product Features 

At Betway sportsbook, you enjoy popular features such as in-play betting and cashout. Here’s a quick look at the best features you can enjoy:

In-play Betting

With in-play betting, you can place your bets when the match has started. The types of in-play bets to play will depend on the sporting event you follow. With live betting, you can bet on the first team or player to score, or the result at half-time.

Cash Out

The Cash out feature at the bookmaker allows cashing out of bets during in-play events. This feature is available on varied sports events such as football and tennis. To enjoy this feature, you request a cash-out on a bet market that is still in play, before the bookmaker releases the end result of the game. With this your odds can be slightly reduced in return for you to get cashed released earlier. 

Betway Mobile App 

You can join the sportsbook by downloading the native Betway app from the App Store or playing in your mobile web browser. Its mobile app is easy to download, install, and utilize. Meanwhile, it can also be downloaded through the Google Play Store. 

This sportsbook offers a wide range of betting markets for all player types. Regardless of whether you are betting on football or tennis, you can bet in a few clicks through the mobile app.

Pros and Cons of Betway

What we liked

  • Wider betting markets
  • Downloadable mobile app
  • PayPal-ready online bookmaker

What we didn’t like

  • Restriction to some countries

Betway FAQ

Is Betway legit or a scam?

Betway is a sportsbook with two remote operating licenses, one from MGA and one from the UKGC. Betway platform is also eCOGRA certified so you can be sure that you are dealing with a legit sportsbook operator.

How to play at Betway?

To play on this sportsbook, you simply need to register an account to fully enjoy the benefits of Betway. You can play using your desktop or mobile phone. Once your account is funded, you can choose and start betting on your favorite sports.

How long do withdrawals take at Betway?

The withdrawal period varies depending on the chosen method. Via ewallet, you can expect your funds within 2-24 hours. This is the fastest way to payout your funds compared to other methods. For credit/debit cards and bank transfers, it may take 2-3 business days.

Our Conclusion 

As one of the best online betting sites in india, the site manages to provide its players with extensive betting opportunities. In this Betway review, we liked that this bookmaker offers players the most competitive betting odds. Payouts are processed in a fast and convenient manner. For concerns and queries, customers can utilize Betway live chat. Through the chat, you should be able to get your problems resolved quicker than through other methods. This bookmaker offers rewarding promotions all for the player’s advantage. It has a lot to offer to give the best value for your money. We can highly recommend this site for you to check out!

Last Updated on April 9, 2023

Details

Currencies
Welcome Bonus:
Deposit Bonus up to ₹2,500
5.0
Trust & Fairness
4.0
Games & Software
5.0
Bonuses & Promotions
5.0
Customer Support
4.8 Overall Rating

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