Betway is owned and operated by Carmen Media Group Ltd, one of the biggest providers of online gaming in the world. It is licensed and regulated in Great Britain by the UK Gambling Commission.
It is one of the larger online bookmakers in the world, with currently close to 5 million visits per month. A broad range of markets is offered, and the site has some great features such as a very easy to use cash out option.
User-friendly site and trustworthy bookmaker
The website is very user-friendly, fast and easy to navigate.
The odds of Betway are around average for the UK football competitions and the major European competitions (see further below).
If you only wager in the English Premier League or the Champions League, this is a very attractive bookmaker.
WELCOME BONUS
New customers get a 100% bonus up to £€30.
How does this bonus work?
- Open a new account
- Deposit £€10 or more and get up to £€30 in free bets
- Place a single bet or single line multiple bets with a minimum stake of £€10
- Minimum odds must be 1.75 (3/4)
- The bet must be placed within 7 days of your 1st deposit
- You will receive your free bet instantly
- Only winnings are credited as cash to your main wallet
BETWAY ODDS OVERVIEW
This is a general overlook of Betway’s odds on the most important markets.
Betway Odds UK Football
The odds of the UK Football competitions are around the market average, with payout ratios in the range of 94%-96% (dependent on when the bet is placed).
LIVE betting is average: Betway odds on Live Betting generate a payout ratio of around 94% for all football markets.
Although the odds are not bad, they are not excellent either. Unless you play for lower amounts, it is worthwhile to look around for alternatives.
Betway Odds European Football
Champions League odds are fair and 96% when you bet the day before the match or on the day of the game.
- The odds for the 4 big European competitions (German Bundesliga, Italian Serie A, Spanish Primera Division and French Ligue 1) are around average, with payout ratios in the range of 94%-96%.
- For the 2nd tier European competitions (Turkish Super League, Dutch Eredivisie, Belgian Eerste Klasse and the Portuguese Primera Liga), the odds have payout ratios of 92%-94%.
- LIVE betting is below average: odds on Live Betting generate a payout ratio of around 91%-93% only
- We do recommend to look for other bookmakers if you wager high amounts or if you play ACCAs. This is, in particular, the case for the 2nd tier European competitions.
Betway Odds other sports
- Tennis odds are around market average (payout ratios of 94%-95%).
- LIVE betting odds are around 93% and slightly below market average.
- Snooker and Darts odds are in line with the market average.
- Rugby Union odds are better than average. It pays off to bet 1 day before the match or on matchday.
- Aussie Rules payout ratios are clearly much lower than the market average.
BETWAY PAYOUT RATIOS FOOTBALL
The chart below provides a summary of the payout ratios we have calculated for you.
Please note: these are for 1×2 bets only.
The payout ratios of other bets (such as Asian Handicap, Over/Under or Both Teams to Score) are provided on our Betway Odds Analysis Page.
BETWAY PAYOUT RATIOS OTHER SPORTS
The chart below shows the payout ratios we have calculated for you. These are for 1×2 bets or Home/Away bets.
More details, including a comparison with the market average, are provided on Betway Odds Analysis Page.
WHY BETWAY IS RELIABLE
- Licensed and regulated in Great Britain
- Relatively new, but has been able to position themselves actively in the betting market
- Sponsors several sporting events, such as the Premier League of Darts and West Ham United.
- Betway is registered with IBAS, a member of ESSA and certified by eCOGRA
CONCLUSIONS BETWAY
Betway is a solid, trustworthy choice if you are looking for a customer friendly bookmaker. The odds are around market average.
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