Betway is one of the premier sports betting providers in the world. Based in Malta, Betway is active in over 20 nations including the US. Betway is currently active in CO, IN, IA, NJ, and PA.
Per the agreement with Digital Gaming Corporation, Betway will be entering the online sports betting market in ten states. Betway is also expected to launch its online casino in the states where online casino games are legal.
In this review, we will give you a complete overview of the sportsbook, pros and cons, promo code and bonuses, and everything else there is to know about Betway Sportsbook.
The registration process is somewhat confusing as it will ask you for a promotional code that is not needed nor available for the US market. According to Betway, promo codes will be available in the future, but you can ignore the Promotional Code field in the registration process.
No Promo Code Needed
The registration process at Betway looks like this.
Open an account with Betway either online or via the mobile sports betting app. The registration process is
Choose the sports that you wish to place a bet on.
Find the market(s) that you wish to bet on.
Select your bet type (default is match result), fill in how much you wish to bet, and click ‘Bet Now.’
Yes, Betway is currently legal in CO, IN, IA, NJ and PA.
Yes, you can play for real money in CO, IN, IA, NJ and PA and in all other states you can play the Betway Big Pick where you can win up to $5000 in cash prizes.
Betway entered the US market on April 5 2021 when they went live in Colorado. Since then they have entered several new states.
Betway is a global online sports betting and gaming provider based out of Malta and Guernsey. It launched in 2006 and currently holds gambling licenses in over 20 countries.
Yes, Betway does have an online casino.
Betway is an experienced online sportsbook and knows the importance of offering its users a diverse selection of sports and betting markets. Their range of sports to bet on is similar to what's being offered on the major US sportsbooks.
|Selection of sports to bet on
|🏎️ Motor Racing
|🎓 College Sports
Betway will likely provide a range of betting markets for every sport. Over the years, Betway has developed a reputation for having some of the most competitive odds in the business. There is no reason to think that trend will not continue in the US.
An online sportsbook must carry comprehensive coverage of American Football in the North American market, namely the NFL and college football (and to a lesser degree, the CFL). As it stands today, American bettors can be happy with the odds and options Betway has for football.
Live streaming is becoming more and more popular at sportsbooks as live, in-game betting continues to grow. Like most sportsbooks that offer live streaming, the service is only available to account holders.
Live streaming is one of the great features at Betway.
With the popularity of mobile sports betting in the US, having a quality mobile app is going to be vital to Betway’s success in US markets. Betway’s initial mobile app was not well received. But it appears that Betway has been able to work out the kinks.
Their mobile app is now considered one of the better ones. Users can download the Betway mobile app for Android and iOS devices (as well as Blackberries).
Betway is one of the few US sportsbooks that offers users a loyalty program to earn perks and rewards. But while many require users to wager a certain amount of money, the Betway Loyalty Program seems to be based more on how frequently you bet (along with how much).
It looks like you earn bonus bets (which expire in 180 days) according to how much you bet after achieving a particular tier in the rewards program. Should you stop betting after completing a story, you remain at that level for the remainder of the month and go into the following.
For an online sportsbook, having proper, safe, and secure banking methods is essential. Users will feel more comfortable using some options over others, making it necessary to have a variety. Otherwise, sportsbooks risk losing potential users due to fear over the safety of financial transactions.
To that end, Betway offers an impressive number of options for users to make deposits and withdrawals.
It only makes sense for online sportsbooks to offer multiple methods for users to make deposits. While every technique will not be available in every country, the site provides an incredible 22 different ways:
Like most sites, Betway does not offer as many options for withdrawing money as for deposits. But it still provides an impressive number of options and should be sufficient for most users.
From the agreement Betway has with Digital Gaming Corporation, we know that they plan to launch in ten states. According to a statement on the DGC Betway website, DGC has secured market access to ten states.
While an official announcement of which ten have not been made, we know that New Jersey and Colorado will likely be the first two. There have been reports that Pennsylvania will be in the mix as well. The chances are good that Betway will likely target states where it is relatively easy to gain market access.
Colorado saw four online sportsbooks launch on the first day of sports betting on May 1, 2020. Since then, the market has included around twenty online sports betting providers. Betway entered Colorado through a partnership with Bonanza Casino.
New Jersey was one of the first states in the US outside of Nevada to legalize betting on sports. Since launching in June 2018, the New Jersey market has expanded to include 19 online sportsbooks. But with the state flirting with clearing $1 billion in handle a month, there is room for further expansion.
Sugarhouse took Pennsylvania’s first mobile bet on May 31, 2019. Other sportsbooks followed soon after. With Caesars' last launch in March 2020, there are eleven active online sportsbooks in the Keystone State.
With over 85 percent of the handle in the Keystone State coming from online operators, Betway has a good chance of succeeding in PA.
Indiana became the 13th state in the US to legalize betting on sports back in May 2019. The first retail location began taking wagers on September 1. Online sportsbooks followed a month later. While the market is not as large or expanding as quickly as others, it took in nearly $1.3 billion in handle in 2020 with just ten online providers.
Iowa became the eleventh state to legalize sports betting and one of the first in the Midwest in August 2019. Betway joined the Iowa sports betting market, and it was the first new online sportsbook to join since the last books did so on August 29, 2019.
Sports betting launched at retail locations in Illinois in March 2020. Online sportsbooks followed soon after in June. With nearly $2.5 billion in handle since sports betting found through March 2021, Illinois is one of the country's more active sports betting states. With the launch of the Barstool Sportsbook in March 2021, Illinois has six active online sportsbooks.
Tennessee is relatively new to the sports betting industry, having launched in November 2020. Even though sports betting has only been legal for a few months, the state has already taken in over $500 million in handle.
With no plans to build retail locations, the market is primed and ready for an experienced mobile provider like Betway to move in.
The Michigan online sports betting market has only been live since January 22, 2021, but has already gotten off to a fast start. In the first ten days of legal online sports betting, books took $115 million in handle.
In the state’s first whole month in February, sportsbooks took in over $325 million in handle. So, there certainly appears to be room for additional providers in the market.
Virginia is one of two sports betting markets in-state with only online betting. But that is not entirely by design (like in Tennessee). Retail sports betting has been approved, but there are no casinos in Virginia. Construction is in progress, and the state hopes to launch retail betting in Spring 2022.
West Virginia was among the first states to legalize sports betting in 2018. Retail locations were taking bets by the end of the year. But the first online bets were not accepted until August 2019. With only three active online sportsbooks in-state, there is certainly room for more.
As the longtime home of sports betting before the repeal of PAPSA by the Supreme Court in 2018, it only makes sense for a new sportsbook to want to enter the Nevada market. While the market is full of established sportsbooks, there is room for more in a market that regularly takes in over $600 million in handle a month.
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