Betway Review: Sports Betting, Free Bets and Bonus Offers
The main sports offered by Betway UK are football and rugby union, which are every punter’s favourite. But they also offer bets on horse racing and golf, which is, as the matter of fact, the favourite sports of Mary Queen of Scots. Tennis, basketball and volleyball events are available as well. The following types of wagers can be placed, and it’s a wider array: Singles, Parlay, System (Doubles, Trebles, Folds), and Specials (Trixie, Yankee, Super Yankee, Heinz, Super Heinz, Goliath, Luckies).
The leagues featured on this website are Champions League, Premier League, and Europa League, with banner slideshows and top event placement.
The margins for pre-live markets are 4,7% to 9.7% for football and 3.45% and 7.8% for rugby. The margins for live markets for championship football is 10.24%.
This makes the margins for pre-live events considerably better for using no deposit bonus and free bet than other bookmakers we have evaluated. It helps them stand out from the crowd and gives gamblers a real reason to come to Betway Sports to claim a bonus. To be blunt, it is possible to make more money off the majority of events here even with no deposit bonus or a freebet than you can at other bookies in current online betting.
That said you will discover that Betway Sports with the no deposit bonus and freebet isn’t always fantastic on margins. But as far as pre-live markets go, they are excellent.
The pre-live markets for Champions League are 5.1%. The live market margin at Betway Sports is 9.76%. That means if you decide to use a bonus or a free bet – the margins for the Champions League are considerably higher than other bookmakers. You can easily find other bookmakers with decent no deposit bonus and free bet with margins as low as 6.2%. We feel that no matter the bonus a margin of 9.76% is out of line for online betting. When you think of Betfair – despite their free bet and no deposit bonus they have one of the highest margins around for sportsbooks in online betting – only charges a margin of 7.51% you can see why this margin is out of line.
While for some sports they have considerably better margins which is a perfect way to score a bonus while using freebet, for other events this sportsbook has considerably larger margins. We recommend that you investigate thoroughly before placing your wager be it your bonus, free bet or real funds.
There are 60 markets available for online betting with both no deposit bonus and free bet onlive football. The number of markets for live horse racing, rugby and golf vary from game to game but you can always find an extra to use your bonus or freebet, especially while there are 197 pre-live markets for football, 10 for horse racing, 70 for rugby, and 10 for golf.
The bottom line is that the margins on live championship matches are way too high and are tough to digest even with free bet or bonus. That said, this may be why they are able to offer better margins on other events which is a perfect opportunity to use no deposit bonus or freebet.
You have to consider whether or not you want to wager your real and bonus funds here for online betting. Our advice would be to bet on smaller, non-championship events even with a free bet or a bonus as well as pre-live events. But stay clear of Betway on live championship events – because you won’t get full value for your money, even be it a free bet or a no deposit bonus.
It’s far easier to simply stay on one site for everything, including online betting with a free bet. That may be what Betway is banking on with their low margins on smaller events and high margins on live championship events, even offering a bonus and a free bet for latter. Perhaps they figure they’ll make up the money they lost on the smaller events online betting by making a big profit on championship events online betting. But it’s easily defeated if punters simply go to another site for their live championship events and free bet or no deposit bonus only bet on the smaller games.
Statistics & Results at Betway
The Betway sports app has an excellent live widget. It comes with all of the statistics you could possibly want, all there, right for you to access so you can place a rational bet. The widget also provides the score of any match or even that you are following, the time left in the match, and the red flags and other actions that are unfolding. It's provided by SportRadar, one of the best statistics teams in the business. Surely Betway could simply contract with them to provide statistics on their site as well.
Statistics are where Betway Sports falls behind in online betting. They don’t have any statistics on their site, and we can’t understand why. It’s not that hard to provide statistics, and gamblers rely on them heavily when deciding whether or not to wager their bonus or free bet on a match. That information is crucial to all wagering, even including a no deposit bonus.
It’s almost as if Betway wants their customers to make emotional rather than rational bets both using their bonus and real funds. You would think they could use some of the money to offer an excellent no deposit bonus or a free bet from their high Champions League margins and invest it in providing punters with the statistics for online betting.
Other smaller online bookies provide statistics for online betting, so we are unclear why they are not offered by Betway. They certainly have the ability to contract with a company to provide them for them. We’d love to know the decision process that went on at Betway over whether or not to provide the statistics.
It should come as no surprise that since there are no statistics at Betway Sports, no one is providing them. Particularly when we move on to the next section of this review, you’ll be asking yourself why Betway could not have provided statistics.
It is a shame because Betway has potential as a serious bookmaker. Their low margins and no deposit bonus on most sporting events could push them to the top of the industry. But they falter when it comes to providing basic statistical information to the average punter. You should just be able to use your Betway login and find the statistics you need for online betting.
Given the lack of statistics on the site, it does not come as much of a surprise to find that Betway does not publish any results. You’ll simply find out if you won or if you have lost through your wagering account.
If you want results and scores you have to go to their widget to find them. This adds an additional step when punters just want the results in order to understand what has happened. It’s a shame because Betway has the makings of an excellent bet shop but their lack of statistics is troubling.
It should go without saying that since they don’t post results, the results are not stored for any length of time. We find this to be another small tick in the negative column, as we find that looking at past results can influence your betting strategies. Not having any results or statistics on the site handicaps gamblers.
- Statistics aren't stored
- Results not available
- Informative widget with live statistics
|Promo Name||Promo type||Requirements||Restrictions||Max. Winnings|
|Betway Sports £30 Welcome Free Bet||Free Bets||Single bet at odds of 1.75 or Each-way or system bets at odds of 1.40||All Sports||£30 Free Bet|
|UK and Ireland customers only. Deposits using debit/credit card or PayPal account only.|
|Betway Free Bet Club||Free Bets||£25+ on any Threefold+ Multiples at odds of 3.0||All markets, except enhanced price offers and Betway Boosts||2x£5 free bets|
|Opt-In Required. Esports not eligible.|
|Esports Objectives||Free Bets||£10+ at odds of 1.25||Esports markets||up to £15 free bet and 30 Free Spins|
|Opt-In Required. System bets are excluded.|
|4 To Score||Special||Predict the First Goalscorers||Four certain matches only||£25,000|
|If a Round has no Winners the prize will roll over to the following one (up to a cap of £/€250,000).|
|ITV Racing: Money Back Second||Deposit||Single bets at odds of 1.5||Horse Racing, Race Winner market||up to £20 refund if your horse comes second|
|Eligible on ITV broadcast races which have 6 or more runners. Forecast, Tricast and system bets will not be eligible for this promotion.|
|NBA – You lead, you win||Deposit||Single, pre-match bets of max £20||NBA matches, Win/Draw/Win and Money Line markets||Cash payout if your team leads by 14 points and fails to win|
|One payout, per customer, per game. First bet eligible.|
|NFL: You Lead, You Win, cash||Deposit||Single, pre-match bets of £5-20||NFL matches, Money Line markets||Cash payout if your team leads by 14 points and fails to win|
|One payout, per customer, per game. First bet eligible.|
|Slots Rewards Club||Free Bets||Deposit £20 and wager a minimum of £50||Any Casino or Vegas Slot games||up to 200 Bonus Spins and a £20 Free Bet|
|Opt-In Required. 30x bonus wagering applies.|
|Live Rewards Club||Free Spins||Deposit and wager a minimum of £20||Any Live Casino Table||Bonus Spins, Bonus Credits and Free Sports Bets|
|Opt-In Required. This promotion is valid every Monday at 00:00 UTC – Thursday 23:59 UTC.|
|Round of Riches||Free Spins||Deposit and wager a minimum of £50||Live Betway tables on Live Casino||One of four rewards: 5 Credits, 30 FS, £2 Free Bet, 1000 LP|
|Opt-In Required. The Promotion is valid every Monday at 18:00 UTC – Wednesday 20:00 UTC.|
Cash out is generally available on nearly all non-casino wagers you make at Betway, including free bet and no deposit bonus. It’s a simple system. If your team is winning it locks in some cash for you even it’s a bonus, so you don’t have to worry about an upset at the end. If your team is losing it cuts your losses, so you don’t lose as much. The percentage of the cash out depends on the game and how much progress has been made in the game. Still, it’s a fairly safe way to either lock in wins or diminish your losses when things are going your way.
Cash out is something most people don’t know that much about in online betting but should become much more familiar with. It’s a sensible way to even out the odds so that you win more and lose less.
The Betway sign up offer or as it’s also known, the Betway welcome offer is very exciting. Make at least a £10 deposit and receive a Betway free bet in matching funds up to 30. The Betway free bet can be placed on anything you like. As its name implies the Betway free bet costs you nothing if you lose. If you win, you’ll earn all your winnings minus the value of the free bet. To obtain your free bet, it is necessary to place your initial bet as single bets – 1.75 (3/4) or over; each-way bets - 1.40 (2/5) or over; or system bets where each selection must be placed at odds of 1.40 (2/5) or over.
ITV Racing: Money Back Second
You can also be rewarded with a free bet when you bet on ITV racing. Place your initial bet up to £20. If your horse comes in second in a minimum of six runners, you’ll be given a matching free bet to place on another race. The odds on the horse you pick has to be ½ (1.5) or higher. Obviously the maximum is £20.
Free bet club
The Betway Free Bet Club is also decent. Make a total qualifying stake of £25. You’ll then earn two £5 free bets from the Betway Free Bet Club. Feel free to place your free bets on any market or event you want to. As always, if you lose, you lose nothing. If you win, you are given your winnings minus the amount of the free bet.
4 To Score
It costs nothing to play Betway 4 to score. Simply pick the first person to score a goal in four different matches. If you are right, you’ll win a minimum of £25,000. If nobody guesses it correctly in a given week, it rolls over, and it will continue to do so until the total reaches a spectacular £250,000.
The casino appears to be a kind of an afterthought at Betway. When you bet £50 on slot machines, you will receive £5 in free bets. Betway casino isn’t exactly Betway Vegas. You’ll also be credited matching funds on your first deposit up to £250. These matching funds, however, must be played through a total of 50 times before you can withdraw them. That’s considerably higher than the industry standard of having to play through your money 35 times. That said, Betway bingo is considered among the best. You might want to try out Betway bingo if that is your gambling preference.
Betway Payment Methods
The payment methods at Betway include Visa, MasterCard, Neteller, Skrill, PayPal, Pay Safe Card, or direct wire transfer. For most of the bonus offers you have to make your deposits with Visa, MasterCard or PayPal. All of your Betway withdrawal options are the same and in fact, your withdrawal will come out in the form you made your deposit.
Withdrawal Time Frames
When you apply for a withdrawal it can take up to 72 hours and even longer if there is a weekend involved for Betway to approve it. We are not sure why this is the case. Other sportsbooks are able to approve withdrawals in 24 hours or less. Some of them have even approved our withdrawals in under four hours. We do not understand this idea that you have to wait three days or longer. Once the system approves your withdrawal you then have to wait for it to travel back to you. If you use Visa or MasterCard, that can take another five days. This all seems to be too long for us.
Luckily, no service fees are charged on either deposits or withdrawals. But we feel that the Betway group takes too long to process your deposits. If other sportsbooks can do them in 24 hours, Betway should be able to as well.
Licenses held by Betway
Betway is licensed by the UK Gambling Commission. Its license number is 39372. It is licensed for general betting, remote betting, bingo, casino, general betting standard – real event and general betting standard virtual events.
It is also licensed by the MGA. Its license number is MGA/B2C/130/2006. It is licensed for Type 1 Gaming Services, Casino, Type 2 Gaming Services, Fixed Odds Betting, Type 3 Gaming Services, Peer-to-peer Poker and Peer-to-peer Bing and Other Peer to Peer Games.
There have been no sanctions levelled by either body against Betway casino. This is a positive sign. It means that there is no evidence that Betway is involved in money laundering. It means there are no signs that they encourage problem gamblers. To us, this is an indication that they run a clean house and are honest about their bets, which is always to a player’s benefit. It means you can trust Betway to take care of you and not try to take advantage. Not every licensed operator can say the same thing.
We want to wholeheartedly endorse Betway plus laud them for their efforts at keeping things running well. When an online casino or sportsbook is above board and professionally run, they deserve all the credit for it.
Customer Support at Betway
The customer support is professional and efficient and makes you feel like a Betway insider. Like most sites these days they try to funnel you to live chat with no deposit bonus and free bet. Once you are talking to them on live chat, they will be helpful. With some questions it might take them a few minutes to respond back to you but when they do it will be with the right answer. When we used our Betway login to access live chat at 1:24 pm., their responses came to us between 30 seconds and two minutes. However, there was one instance, when we asked for clarification on the minimum and maximum deposits and no deposit bonus, and we waited for quite a while for what we perceive to be such an easy response.
But, they are polite and seem to know what they are doing. We’ve always said that any website can be seen as a friendly destination when things are going well. It takes a special operator to be there for the punters when things are going wrong. Betway is that special operator that does the job quickly, well and professionally.
You can also contact them via the Betway phone number if you’d rather speak with someone. There are two:
UK: +442070625466 (Mon-Sun: 8 a.m. – midnight)
Ireland: 1 800 932 847 (Mon-Sun: 8 a.m. – midnight)
They also have an email address, which is firstname.lastname@example.org. This takes a little bit longer than using Betway live chat. When we sent an email, we’d receive an automated response a minute or two later. Then we’d wait for the real person to reply to us.
1. Sent 3:38 – Automated Reply 3:44 – Reply 4:36
2. Sent 5:06 – Reply 12:35
We were unsure if it was the difficulty of our question that made them take longer to reply to us or if they are just busy at certain times of the day. Either way, once they did reply to us, they were helpful. Our question was: “Is it okay if I cover some detail in my bank statement, stuff like transactions and other personal information I’d like to keep private.” Their answer was: “The document should be provided in its entirety and if there are some covered information, such document would be considered altered and as such couldn’t be accepted for the verification procedure.”
We can’t give them too much of a hard time being slow on email responses when Betway live chat is so helpful. If you put your focus on one thing it’s harder to respond in other ways. And the good news is that both their live chat and email responses were polite and provided us with the information we needed. In fact, we even received an additional reply at a later time to clarify.
Original reply in an email: “We always try to offer the best odds for all bets we allow customers to place.”
Reply the next day: “With correspondence to your previous email. Please be advised that the only odds offer we have is the best odds guaranteed however we would advise you to take a look at our promotions page. Lots of customers take advantage of these offers as it is boosting their offers they are getting: https://plus.betway.com/lobby/en/#/sports for any additional available offers.”
A well developed and supported customer service offering from Betway contact. They’ve clearly put a lot of thought into it and execute it well. We wish we could say that about other companies’ customer service. Bet Betway has it down pat. When you combine that with how upstanding they’ve been about their licenses you see how Betway has managed to stand out from the crowd.