Betway Online Sportsbook Review 2024

Betway was established in 2006 and quickly earned a reputation as a trustworthy and secure online casino and sportsbook. It operates in more than 20 jurisdictions and has over 2.5 million active bettors.

The Betway US Sportsbook first opened in New Jersey in 2020. It is currently licensed and regulated in 9 states for online sports betting.

It offers sports bettors a wide variety of markets, including live game betting, 3+ leg parlays, futures, and a large selection of prop bets. The web and mobile interfaces are user-friendly, with plenty of real-time information to help you make smart bets.

In this Betway review, USA Legal Betting will give you an in-depth look at everything Betway Sports offers, so you’ll know if it’s the right US sportsbook for you.

You can legally place bets on sports through the Betway Sportsbook in nine states. While you must physically be in the state to make your bet, you do not need to be a resident.

You don’t need a Betway promo code to claim your welcome bonus. Simply register your Betway Sportsbook account, make a deposit, and the bonus will be added to your account.

Upcoming Launches

Betway has plans to expand to additional legal sports betting states in the coming months. We anticipate Betway operating in Kansas, Missouri, Maine, and Mississippi in 2024.

Up to a $250 Reset Bonus on your First Bet

You don't have to worry about starting off with a bad beat because Betway has a refund bonus of up to $250 on your first wager. To qualify for this offer, you need to place a bet between $10 - $250, and if you lose, the funds will be returned to you as bonus money.

You can only use the bonus bet money at the Betway Sportsbook on single games or parlays. The funds can be used on a single bet or divided up into multiple bets, but you can't combine it with real money. To place your bet, check the box on your bet slip to indicate you're using the Bonus Bet money.

• This bonus offer is not available in Arizona, Louisiana, Ohio, and Virginia. For more information, check out the Terms and Conditions.

Bet $50, Get $200 if it Wins!

For new bettors residing in Arizona, Louisiana, and Virginia, Betway is giving away a chance to start off with $200 in Bonus Bets. Simply place a bet an initial wager of $50+, and you will automatically receive $200 in Bonus Bets if it wins, on top of keeping your winnings. However, this promo code only applies if the wager wins. That means if you initial wager of $50+ loses, you'll receive nothing.

• This bonus offer is not available in Colorado, Indiana, Iowa, New Jersey, Pennsylvania, or Ohio. Check out the Betway site for Terms and Conditions for your state.

Bet $20, Get $40 in Bonus Bets

Ohio bettors will find a smaller welcome bonus when using Betway. New customers who sign up will get $40 in Bonus Bets automatically added to their account when they make an initial wager of $20+. The Bonus Bets will be awarded regardless of the result of the initial wager, meaning Ohio bettors don't need to rely on winning their bet to claim their bonus.

• This bonus offer is only available in Ohio. Check out the Betway site for Terms and Conditions for your state

You will need to create a separate Betway account for each state that you plan on gambling in. For example, an account registered with Betway New Jersey won't grant you access to Betway Indiana or Betway Ohio. Creating an account is fairly straightforward, although you will need to answer some security questions to verify your identity. To get started:

1. Select the state you want to bet in, and then click the Sign Up button.
2. Enter your email, add a password, and click Continue.
3. Fill in your personal details: Name, Date of Birth, and Last 4 digits of your SSN.
4. Add your address and phone number and click Continue.
5. Agree to the Terms and Conditions and press the Sign Up button.

Betway will take a minute or two to verify your information, and once completed, your account will be ready for use.

Betway accepts a wide range of payment methods, so you can deposit money into your account with confidence. It doesn’t matter whether you use your credit card, bank transfer, e-wallet, or a Betway Play+ account; the important thing is that your money will be quickly deposited into your account.

Here is the current list of accepted payment methods:

• Credit Card: Betway accepts deposits from Visa, Mastercard and Discover. The process is similar to making any online purchase. Just enter your credit card information and the amount you wish to deposit, and the funds will be accessible to you right away.
• PayPal: One of the oldest and most trusted e-wallets around, PayPal is a convenient way to add money to your Betway account. You can log in, connect to the secure portal that links your Betway and PayPal accounts.
• Venmo: The popular mobile app payment method has started to gain popularity with US sportsbooks. To use Venmo, log in to your Betway account and head to the deposit page. Select Venmo as your preferred payment method, log into your account, and authorize the transfer. The money should be available in your account within 5 – 10 minutes.
• VIP Preferred ACH Transfer: Also known as VIP Preferred eCheck, this is an excellent solution if you’re planning on making regular deposits to your Betway account. All you need to provide are your ID, bank account, and routing numbers, and the amount of money you want to transfer.
• Betway Play+: You can order a prepaid Betway Play+ card through your Betway account and load it with a credit or debit card. The card should arrive in 10 – 14 days. Once you have your card, you can add funds through your Play + account.
• Skrill: Skrill is a popular e-wallet payment method at sportsbooks and online casinos around the world. It’s only recently made its way to the US but has quickly been recognized for its ease of use, security, and fast transaction times.
• PayWithMyBank: The secure platform connects your bank and Betway accounts. It’s a seamless payment method for transferring funds directly, without needing to open 3rd party accounts.
• PayNearMe: An ideal payment method if you prefer gambling with cash. Select the PayNearMe option in your Betway banking account and choose how much money you want to deposit. You’ll receive a Payslip with a barcode that you can take to any participating convenience store or gas station. Make a cash payment, and the store will scan your code, and the money will be instantly added to your Betway account.

You can only withdraw your winnings to accounts that have already been verified with a deposit. This means that if you use a deposit method that doesn’t have withdrawal options, such as a credit card or PayNearMe, you will need to verify an additional account so you can collect on your winning bets.

• PayPal: You must use the same PayPal account for withdrawals as you did for deposits, and each Betway account can only be associated with one PayPal account. Additionally, the money must be withdrawn to the bank associated with your PayPal account and not a credit card.
• Venmo: The money is deposited directly to your Venmo account.
• VIP Preferred ACH: The funds will be deposited back into your bank account.
• Skrill: Send the money back to your e-wallet account.
• Betway Play+:  A credit will be added to your prepaid Play+ card balance.

Now that we’ve talked about all the details about getting started, it’s time to focus on what really matters. Betway Sportsbook is one of the top betting sites in the US because of its impressive list of markets for the professional and college sports leagues in the US and around the world.

Whether it’s the NBA, NFL, UFC, Premier League, MMA, or golf, there are plenty of different betting options for you.

Some of the options include:

• Moneyline
• Point spread
• Over/under
• Parlays
• Player specific bets such as points, assists, TD, or rushing yards
• Futures
• Live betting

The list can go on and on.  Here’s a more detailed breakdown of the sports leagues that you can bet on

Football

NFL

One of the reasons the NFL is so popular in the US is because it's a great game to bet on. With games played just once a week, you'll have all week to examine the injury reports, analyze matchups, and look at the weather forecast. This information will help you decide whether to bet on the moneyline, take the over or under, or put your money on player performance with Player Prop or Player Special bets.

One of the things that makes Betway a popular NFL betting site is the live betting with updated odds throughout the game, this goes for both regular season games and the playoffs including the Super Bowl. If you spot a trend or have a feeling about a big comeback or injury, you can log in and place your bet in real time.

Another popular bet is a same game parlay, which combines three or more bets, and Betway has some exciting parlays with great odds and payouts.

NCAA College Football

The college football season has 10 or 11 games for each team, and one loss can mean the difference between a top 10 ranking with a chance at the National Championship or falling out of the Top 25 and hoping for a bowl game.

As an experienced NCAA Football betting site, you can relax knowing that Betway Sportsbook has you covered. You can bet on all the action in the Power 5 conferences, every bowl game, conference championship games, and the National Championship game.

One of the major betting differences between the NFL and NCAA Football is that many states don't allow Player Special or Player Prop bets for college athletes.

Basketball

NBA

The best NBA betting sites cover the full 82-game regular season and the two-month NBA playoff marathon. Betway Sportsbook offers a range of betting options, from general markets like point spreads, over/under, and moneylines to more exotic bets such as parlays, player props, and futures.

Some of the popular NBA bets include betting on a certain player to record a triple double, score 25+ points, 10+ rebounds, or other statistical achievements. There are also same game parlays and live game betting for added excitement.

Futures are another thrilling market where you predict season-end outcomes. Betways options include in-season tournament winners, playoff participation, as well as division and conference winners, and the NBA champion. These odds are regularly updated throughout the season.

Betway Sportsbook is an official sponsor of the 6 NBA teams: Chicago Bulls, Cleveland Cavaliers, Golden State Warriors, Minnesota Timberwolves, Miami Heat and Milwaukee Bucks.

NCAA Basketball

Just like with NCAA Football, legit NCAA Basketball betting sites have different betting regulations based on the state. In Arizona, Colorado, Iowa, Pennsylvania, and Virgina betting on player achievements is not allowed. However, you can still bet on the outcome of games from the ACC, BIG Ten, SEC, PAC-12 and any other major Division 1 school. 

Of course, the most popular time to bet on college basketball is during March Madness. The 68 team, single elimination tournament is a fan favorite. The tournament is known for exciting finishes and plenty of upsets, which can result in big wins when betting on the underdog. 

Baseball

MLB

Baseball fans have 162 regular-season games and the playoffs to place a wide range of bets. MLB betting sites like Betway Sportsbook offer numerous markets that will guide you through the long summer and into the fall.

There are pregame, live game, props, and futures to choose from at Betway Sportsbook. Some popular future bets focus on players, such as predicting the MVP, Cy Young, Gold Gloves, or team accomplishments like pennant or World Series winners.

Because of the structured nature of baseball games, they are well-suited for small prop bets. These include predicting whether a team will score a run in a specific inning, the number of strikeouts a pitcher will achieve, innings pitched, or home runs hit by a certain player.

In addition to MLB, Betway offers markets during international tournaments such as the World Baseball Classic.

Hockey

NHL

Betway has secured partnerships with three NHL teams: the St. Louis Blues, New Jersey Devils, and Philadelphia Flyers. This connection has helped it become one of the leading NHL betting sites.

Since most NHL games are low scoring, many games start with a moneyline (sometimes called a puck line) at +1.5 and -1.5. Some exceptions occur when a team with a high-powered offense plays a weaker team. If these odds aren’t exciting enough, there are different ways to increase the action. Combine multiple bets into a same-game parlay or look into your crystal ball and bet on future winners.

Prop bets are another way to elevate the excitement in any NHL hockey game. Bet on the goal scorers, how the goalie performs, fights, penalties, and more.

Other Sports

In addition to betting markets on the four major sports leagues in the United States, Betway offers a wide selection of secondary sports action. You're never more than a click away from placing bets on the next UFC fight, all major tennis and golf tournaments, MLS or European soccer leagues, NASCAR, Formula One, horse racing, and even snooker and darts.

You can find these sports and more on the Betway website and Betway Sportsbook app. Click on a sport to see a list of all the games and futures available for betting. If you click on a specific game, a menu will open with a list of all the betting options and prop bets.

The Top Sports Betting Markets

It’s important to understand the different betting markets and terminology before you start placing bets. While each sport has specific markets tailored to the game or league, many of them are used in all sports.

Here are the top 8 betting markets that are available at Betway Sportsbook:

1. Moneyline: Bet on the team or player that will win outright, without a point spread. It's a basic and popular bet among both experienced and new bettors.
2. Point Spread: NFL and NBA bets often involve the point spread, leveling the playing field by giving points to the weaker team. This changes as the game approaches, considering injuries or off-field distractions. Baseball and hockey, being low-scoring games, use the point spread less frequently.
3. Over/Under: Oddsmakers set a point total for the game. If you expect more points, choose the over; if fewer, go for the under. If the teams hit the total exactly, it's a push, and you get your money back.
4. Live Betting: Quick decision-making is essential in live sports betting as odds change throughout the game.
5. Parlay: Combine multiple bets (legs), typically three or more, into one. If one bet loses, the entire parlay is lost. Parlays are popular due to the potential for significant payouts.
6. Props: Rather than betting on the game outcome, use prop bets to add excitement. These vary by sport and include things like the first team to score, a player's points, or points scored in a quarter/period/inning/half.
7. Futures: A preseason bet allowing you to predict long-term outcomes like MVP, playoff participation, and league champion. Odds change as the season progresses and potential winners become clearer.
8. Teaser: Improve odds by adjusting the point spread or total, adding or subtracting points from the standard line. Teasers can only be used in a parlay with 2 or more legs.

Betway Sportsbook Team Partners

• NBA: Chicago Bulls, Cleveland Cavaliers, Golden State Warriors, Minnesota Timberwolves, Miami Heat and Milwaukee Bucks
• NHL: Philadelphia Flyers and New Jersey Devils
• Premier League: West Ham United, Arsenal, Tottenham Hotspur
• La Liga: Atlético de Madrid

Differences in betting markets for Different Betway states

Betway Sportsbook is currently licensed and regulated in 9 states. However, there are some differences regarding the bets you can place, depending on your location. 

• Arizona: No restrictions for online sports betting
• Colorado: No restriction on professional sports gambling. Betting on the outcome of college sports is allowed, but no player prop bets.
• Indiana: No restriction on professional sports gambling. Betting on the outcome of college sports is allowed, but no live game player prop bets.
• Iowa: No restriction on professional sports gambling. Betting on the outcome of college sports is allowed, but no player prop bets.
• Louisiana: No restrictions for online sports betting
• New Jersey: Betting on professional sports is allowed. You can bet on college sports but not on New Jersey school.  
• Ohio: No restrictions for online sports betting
• Pennsylvania: No restrictions for online sports betting
• Virginia: No restriction on professional sports gambling. Betting on the outcome of college sports is allowed, but no player prop bets.

Betway Sportsbook offers competitive pregame, live, and future odds for all sports and markets it covers. Whether you’re betting on the moneyline, over/under, or prop bets, the updated odds are clearly displayed in an organized manner, making it easy to find the best bets for you.

The odds at Betway Sportsbook are dynamic, as the oddsmakers take a variety of factors into account. This allows them to consistently offer player-friendly odds and improves the betting experience for most bettors.

Additionally, there is often an Odds Boost promotion for specific fixtures that increases the odds above the standard market odds. Games or events that have a lightning bolt icon next to the game will let you know that the odds have been increased.

The Betway Sportsbook does its best to provide a one-stop betting hub for sports fans. It covers both major US sports, smaller niche sports, and international markets as well. It features a variety of payment methods and quick cash out withdrawals for added convenience. 

Live In-Play, Betting On Professional and College Sports

Live betting is a completely different experience than pregame betting. A pregame bet is based on the assumption or prediction of how a team will play. Live Betting lets you place bets based on what you’re watching. For example, if you’re following a game and notice a player heating up or a defensive star going down an injury. You can make bets on how these will affect the game. Similarly, if a heavily favored team is losing at halftime, the odds might change a bit in favor of the underdog. You can take advantage of this, especially if you think the favorite will make a comeback, and you’ll get better odds than if you placed the bet before the game started.

There are different regulations for placing live bets on college sports, depending on which Betway State you are in. If the type of betting is banned in a particular state, Betway will not offer it as an option.

Live Stream the Action From Your Phone or Computer

You don’t need cable or a streaming package that includes live sports to watch the action. The Betway Sportsbook app and website have live streaming of a large selection of professional, college, and international games every day.

Live streaming is free and available for registered accounts. All you need to do is click on the Watch button next to the event, and the stream will open in a new window. It goes great with live betting, giving you the opportunity to watch the game, even if it’s out of market or not on TV near you, so you can make informed bets on live action.

Customize Your Same Game Parlays

A parlay is an exciting bet that combines 2 - 6 bets known as legs. Betway Sportsbook lets you customize your parlay by choosing from any of the available bets available for a single game.

For example, on an NFL game, you can bet on:

• Moneyline
• QB throws for 250+ yards
• Defense gives up less than 14 points

All three legs of the bet have to win to collect on the parlay.

Early Cash Out From Live Betting and Parlays

If you see your betting is not going as you hoped, you might have the ability to enable the Cash Out feature and reclaim part or all of your money. The feature is typically available on parlays and live betting, but at some point during the game, it goes away.

If you're not totally sure if you want to cash out early, Betway Sportsbook has the option for a partial cash out. Decide how much money you want to leave on the bet, and the remainder will be removed.

Not all markets, even within a parlay or live bet, are eligible for early cash out. Look for the cash-out icon on your bet slip; as long as it's there, you still have the option to withdraw the bet.

Most regulated sports betting sites offer similar sports, odds, and markets. Therefore, the user experience is a major factor in determining which site you want to bet on.

Overall, we found Betway very easy to use. Everything from registering our account to withdrawing money was a smooth process. The betting markets are clearly labeled, and icons let us know when there were boosted bets, cash-out options, and live games.

There are three ways to access Betway, and we tested them all; here are the results:

Betway Sportsbook Web Browser

This is the easiest way to use Betway because more information can fit on your screen. When you log in, you’ll see a menu bar with all the sports that Betway covers. Just under that are highlighted games followed by popular leagues, with upcoming games listed underneath it. The moneylines are easy to see, and when you click on a game, you’ll see a menu with all the available markets for each game.

When you click on a game, it shows all the relevant information. During live games, it provides scoring updates and other essential information that you can use when placing live bets.

At the bottom of the screen is a green bar labeled Bet Slip. This is where you place your bets, track all active bets, and you can cash out when available. One feature that we liked is when adding a bet to the Bet Slip, we could see what the payout would be. It’s helpful if you’re new to sports betting and aren’t sure how the odds and payouts work, or you prefer visualizing whether a bet is worth the risk.

Betway Mobile Browser

The Betway mobile browser looked similar to the web browser, only more compact. It’s a responsive site, so you can hold your phone in landscape or portrait mode. While you can find the information that you need, it requires more click-throughs and scrolling than the mobile site. This can be an issue if you’re in a hurry to place a bet before time runs out.

We started placing multiple bets on the same game, and a small banner appeared across the screen asking if we wanted help building our parlay bet. After clicking yes, it opened the complete list of available bets for the same game parlay.

Just like with the mobile browser, you can view the estimated payouts on the Bet Slip before submitting your bet.

We were able to access the banking section to make deposits and withdrawals, which was pretty convenient as well. 

Betway Sportsbook Mobile App

The Betway mobile app is available for both Android and iOS, featuring a lightweight design and a clean interface. This makes it easy to navigate and find sports and markets for placing bets. Users can filter betting options by sport, league, or market and view their Bet Slip by clicking on the icon at the bottom of the screen. The betting app also offers convenient access to the banking sections for making deposits and withdrawals.

One factor that may pose a challenge for some players is the need to download a separate Betway app for each state. Therefore, if you travel around the US and bet in different states, you'll have to download the specific app for each Betway state.

There are several ways to find answers or get the help you need from Betway.

• FAQ: The FAQ section answers a wide range of questions regarding account profiles, making sports bets, promotions, and general questions about making deposits and withdrawals.
• Live Chat: Customer support agents are available for live chat from 7 am – 11 pm EST Sunday to Saturday. This is the most convenient way to get the answers you need. The agent we spoke with was informative and gave clear and thorough answers to our questions.
• Phone: Betway has a Virginia-based phone number. It is available from 10 am to 10 pm every day except Saturday. This is a good option for those who prefer talking to a person.
• Email: There are dedicated email addresses for each of the Betway States. It’s a good option if you don’t get an answer right away or prefer a written record of your communication.

Betway is currently licensed and regulated as an online sportsbook in 9 US states. It must adhere to the individual laws of each state and any applicable federal regulations. To maintain its regulatory compliance and protect its reputation as a legitimate sportsbook, Betway must adhere to strict protocols. This includes ensuring that the odds are fair and not changed without proper notification, and all transactions are secure.

Betway is licensed under the following entities:

• Arizona Department of Gaming
• Colorado Division of Gaming
• Iowa Racing and Gaming Commission
• Indiana Gaming Commission
• Louisiana Gaming Control Board
• New Jersey Division of Gaming Enforcement 
• Ohio Casino Control Commission
• Pennsylvania Gaming Control Board
• Virginia Lottery

In addition to sports betting, Betway online casino is available to players in New Jersey and Pennsylvania. The online casino boasts over 300 slot games, spanning various themes and jackpot sizes.

It also provides a robust selection of online blackjack, online roulette, online craps, and video poker games. These games utilize a random number generator to ensure fair payouts. There are also Live Dealer games for players who prefer to play with real cards, dice, or roulette balls. The action from these tables are live-streamed with high-quality cameras, allowing you to interact with the dealer and other players as you play.

Betway is presently active in nine states and has established official partnerships with major sports leagues including the NBA, NFL, MLB, and NHL. The company is keen on extending its presence to new markets to fully capitalize on these affiliations and connect with fans throughout the United States.

Richard Hasson, the Chief Operating Officer of Super Group, Betways parent company, stated that they are actively evaluating potential markets for expansion. The decision-making process involves a continuous assessment to determine the commercial viability of each state. Hasson emphasized that the selection of new markets will be based on ongoing evaluations to identify states where expansion is economically feasible.

The Betway Sportsbook is still a relative newcomer to the US market. It offers a wide range of markets, competitive odds, and a large selection of players and game props. There is a good selection of banking options for making deposits and withdrawals and competitive bonuses and promotions compared to other US sportsbooks.

There are two areas where it needs to improve to be considered among the best US Sportsbooks:

1. There is no daily fantasy betting, one of the most popular forms of betting for the NFL, NBA, and MLB.
2. Not in enough states. There are 38 states that have legalized online sports betting, but Betway is only available in 9 of them.