Betway’s new sportsbook welcome bonus is reshaping the standard offer we’re used to seeing. The bookie did away with risk-free bets on losses and introduced a Bet $25 Get $150 if the first bet wins. In my book that’s substantially better than the previous risk-free bet of $250 and the boost to $150 instead of a typical wager match is actually quite nice. Not to mention uncommon I can’t think of another bookie willing to slap $125 on top of an already winning bet at this time. The odds requirements are also fair and there are no current Betway bonus codes I’m aware of (so you won’t have to search high and low for the best deal out there). As for a VIP program that’s one thing Betway doesn’t have. The offering here is a bit lacking with long-term players needing to stick to football and parlays to get any bonuses at all.Betway’s online sportsbook also normally offers several recurring bonuses but at the time of this update (August 2024) the offers are suspended in most states and the linked terms and conditions result in a 404. Until I can confirm the validity and terms of the offers including the welcome bonus I can’t confidently recommend this sportsbook’s promotional offers.

Betway online sportsbook boasts seven payment methods. These include seven deposit methods and three withdrawal methods. You can deposit using VISA Mastercard VIP Preferred PayPal Betway Play+ card PayNearMe and cash at the casino cage. You can withdraw with PayPal VIP Preferred and Play+.

There are no payment fees at Betway sportsbook. There is however a minimum deposit and withdrawal limit of $10. There is also a maximum deposit limit of $10000. Withdrawal limits vary per player and transaction method used.

Betway is available in nine states which means it has nine licenses and nine licensing boards watching its back. If Betway were to slip up it would start losing licenses quickly.

Betway also benefits from 256-bit SSL encryption so your payment information is kept safe and sound. If you’re unsure about any terms and conditions they can be found at the footer of the site as well as on all the promos on the Promotions page.

The site also has a dedicated Responsible Gaming page with tabs for each state. You’ll find several tools such as deposit limits bet limits time limits and loss limits. You can also give yourself a cooling off period between three to 31 days or set a self-exclusion period for either six months one year two years three years or five years.

Betway also offers a Statewide Voluntary Self-Exclusion Program in collaboration with the IRGC which will restrict you from all online or land-based gaming in the state of Iowa for either five years or a lifetime exclusion.

Betway’s standout feature is its early cashout system allowing both full and partial early cashouts on live betting. This means you can collect on your bet before the match finishes.

This works well with Betway’s in-depth live betting system which has detailed data speedily delivered so you can make quick decisions. The live schedule is quite full with around 30 events per day. Live streaming though is not available.

Betway allows plenty of different bet types on the more popular sports with moneyline spread totals and parlays available. The site also allows you to see the odds in your preferred mode with a drop-down menu to see American odds Decimal odds or Fractional odds.

The odds at Betway online sportsbook tend to come in at around 95.8%. This can vary somewhat with more popular sports like football and basketball which come in just above the 96% mark. Keep in mind that whilst we have tools to calculate an average payout percentage these can still fluctuate from bet to bet and payout percentages are rarely revealed by the sportsbook.

Live payouts are a little lower coming in just over 94% to compensate for the player getting to see the match in action. Betway offers boosted odds though these are not common. At the time of writing only one bet on a soccer match has a boosted odd.

Betway sportsbook has 13 sports on offer. These include popular sports such as football and basketball as well as more niche sports such as lacrosse and jai alai. There is no esports or entertainment betting at Betway.

Betway is partnered with several leagues which means you will find events such as the NFL NBA NHL and NCAAB on this site.

Markets can be inconsistent with some basketball matches having nearly 300 markets and others barely coming in at 30. Most of the niche sports like tennis table tennis and MMA have just 1 market: winner after full-time.