Betway bookmaker review
Pros
- Lots of promotions for new and existing customers
- Competitive Odds
- Excellent In-Play markets
- Interactive website interface for users
- Unique betting options to pick from
Cons
- Limited withdrawal payment methods
Odds - Average
We calculated the margin for Betway by analyzing the odds they offer. We further ranked them in one of the following three categories:
From 1% to 5%: Low
From 5.01% to 7%: Normal
From 7.01% to 10%: High
Football
We got our results by taking into account the odds for final result outcomes measured in line with the over / under for different football leagues. Getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker.
Betway has an overall average margin of 6.33% and falls in the normal category. In the first section with Spanish La Liga and Seria A, the margin is at 6.29%. With Premier League and Championship, in the second section, the margin is at 5.84%. Finally, taking the Netherlands Eredivisie, Polish Ekstraklasa and Austrian Bundesliga into account, the margin is at 6.86%.
Range of Sports and Markets - Good
Being one of the earliest bookmakers around, Betway has attracted customers to them with their wide range of options to pick from.
Betway offers common sports like football, basketball, tennis, hockey and also non-traditional events like horse racing, esports, darts and a host of others.
On some occasions, Betway also offers some nonsporting related events, with wagers on politics coming in play for the politics lovers once in a while.
Betway boasts around 30 different market options, spanning through Football, Volleyball, Basketball, Hockey, Tennis, Esports, and Casino games as well.
Betway has a large pool of options to pick from but are particularly good options for a football lover. With matches included from over 50 countries on their sportsbook, including both domestic and international competitions, punters can place bets on a lot of options from match-winner, first goalscorer, number of cards, handicaps and special options on offer.
In addition to their diverse range of options to pick from, Betway also commands some competitive odds that easily make them stand out compared to other bookmakers.
50/50 outcome events carry average odds of around 1.80, which proves their competitiveness in the odds market.
Furthermore, Betway also boasts something unique in the quality of its statistics page. Unlike many other bookmakers, they boast a properly detailed statistics page for different events and also have a blog that covers top stories on the most popular sports events.
In-Play Betting - Good
Not many come close to Betway in their in-play options offered to their customers.
Firstly, their website has an easy interface for users to navigate which gives a good experience in total.
The "Live" button is at the far left area at the top of the screen, just beside the "Sport" button. Upon clicking the Live icon, punters are provided with a lot of in-play options ranging from football, basketball, hockey and down to the likes of esports and casino games.
Live events are arranged according to the various sports markets. On the right-hand side of each game, a user has the option of selecting "More Bets" to view other in-play options for that particular game.
Using football as an example, the 1X2 is the common option seen in the life bet and upon selection, punters can pick from card markets, player to score, type of goal, over and under, corner kicks and minutes for goals to be scored.
Betway also has a "Top Live games" section which shows the most highly rated games available at the moment for all sports categories.
Coupled with all of that, Betway can watch the action as it unfolds thanks to detailed live-streaming service. Football, tennis, basketball, and eSports feature regularly on their site, with a positive account balance all that is needed to gain access.
Just like many other bookmakers, they also have a swift cash-out option that allows customers to cut their losses on games in-play with a low probability of coming through. This further encourages many users to play via the online method to be able to access this feature.
Being one of the early comers in the Nigerian betting scene, they still have that nostalgia effect on customers to date.
Bonuses
Welcome bonuses remain the easiest way of attracting customers to bookies and Betway surely took advantage of this as well.
Being one of the first bookies on the Nigerian scene, Betway offers a 100% bonus up to 100,000 Naira.
To be eligible to withdraw winnings from the bonus, some terms and conditions must be met. A customer has to make his first deposit and place bets equivalent to 10x the value of the first deposit with min. odds of 3.00.
They also have special promotions for new customers to take advantage of. Football is the most prominent as earlier said and they are pretty unique in this regard. At the time of writing, they are offering 200,000 Naira in total to be shared among users who can predict which team will end Liverpool's unbeaten run with full details placed on a banner on their homepage.
Some of the common bonuses they offer include:
4 To Win – A horse racing prediction option where customers are allowed to win cash prizes each weekend, with the winner of four selected races being the requirement to stand a chance.
Horse Racing Best Odds Guaranteed – Available on all bets placed on UK & Irish horse races. Customers placing winning bets will be given the best odds on their selection, no matter the time the bet was placed.
NHL Double Winnings – Place a money line bet on any NHL game and if the team you selected is losing after the first period and goes on to win the game, Betway will double the winnings with a free bet.
Super League Double Winnings – Super League Rugby double winnings if your selected side wins and scores 40+ points.
Betway also offers free bets which are added to "free bet balance" and can be used to place bets too. Another unique feature they have is their win-boost option as placed on their website.
Customers have the chance of seeing their odds boost by up to 250% via the accumulation of games. For each leg with odds of 1.2 or more added to a bet slip, Betway boosts the customer's winnings which are further paid into his account as cash.
Of course, every bookie has its minimum and maximum limits and Betway isn't excluded. Their minimum deposit for tickets and online stakes is at 100 Naira while the maximum winnings for a single bet are 25 million Naira. The highest possible winning on a multi bet slip is 50 million Naira.
100% first deposit bonus matched by the bookmaker - ₦100 000
Welcome bonuses remain the easiest way of attracting customers to bookies and Betway surely took advantage of this as well.
Being one of the first bookies on the Nigerian scene, Betway offers a 100% bonus up to 100,000 Naira.
To be eligible to withdraw winnings from the bonus, some terms and conditions must be met. A customer has to make his first deposit and place bets equivalent to 10x the value of the first deposit with min. odds of 3.00.
They also have special promotions for new customers to take advantage of. Football is the most prominent as earlier said and they are pretty unique in this regard. At the time of writing, they are offering 200,000 Naira in total to be shared among users who can predict which team will end Liverpool's unbeaten run with full details placed on a banner on their homepage.
Some of the common bonuses they offer include:
4 To Win – A horse racing prediction option where customers are allowed to win cash prizes each weekend, with the winner of four selected races being the requirement to stand a chance.
Horse Racing Best Odds Guaranteed – Available on all bets placed on UK & Irish horse races. Customers placing winning bets will be given the best odds on their selection, no matter the time the bet was placed.
NHL Double Winnings – Place a money line bet on any NHL game and if the team you selected is losing after the first period and goes on to win the game, Betway will double the winnings with a free bet.
Super League Double Winnings – Super League Rugby double winnings if your selected side wins and scores 40+ points.
Betway also offers free bets which are added to "free bet balance" and can be used to place bets too. Another unique feature they have is their win-boost option as placed on their website.
Customers have the chance of seeing their odds boost by up to 250% via the accumulation of games. For each leg with odds of 1.2 or more added to a bet slip, Betway boosts the customer's winnings which are further paid into his account as cash.
Of course, every bookie has its minimum and maximum limits and Betway isn't excluded. Their minimum deposit for tickets and online stakes is at 100 Naira while the maximum winnings for a single bet are 25 million Naira. The highest possible winning on a multi bet slip is 50 million Naira.
About the bookmaker
Betway was established back in 2006 and initially struggled due to a series of legal complications. They are now one of the top-rated bookies all over the world. Betway holds a valid gambling license from both the Malta Gaming Authority and the UK Gambling Commission, with their main headquarters being based in Malta at present.
Betway's services are available to lots of countries all over the world, with Nigeria being one of the recently added areas.
Meanwhile, Betway is also unique in the sense that they also offer customers an online casino, as well as poker and bingo pages. Betway is the official sponsors of the English Premier League side West Ham United. They also sponsor a lot of horse racing events all over the world.
Contact methods Betway
Licences
- LSLB Online Sport Betting Active
- National Lottery Regulatory Commission (NLRC) 11 Jan. 2018 - 10 Jan. 2023 (5Years)
