Betway Review (2024)

WHY TRUST US?
WHY TRUST US?
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  • User-friendly design suitable for beginners
  • Low minimum deposit of ₹200
  • High-quality live streaming of select matches
Our rating
4.5
100% Welcome Free Bets up to ₹4,000
CLAIM BONUS
Main Features Fast payout
Live Streaming
In-Play Betting
Live Chat
Stats
INR
24/7 Support
Mobile app
Bitcoin
positive
  • Excellent betting site for beginners
  • Accepts Google Pay, PhonePe, Paytm, UPI
  • Low minimum deposit of only ₹200
negative
  • One-click registration unavailable
  • No Indian languages offered
  • Relative dearth of sports betting promos

betway Quick Facts

WEBSITE
www.betway.com
ESTABLISHED
2006
OWNER
Super Group
HEADQUARTERS
9 Empire Stadium Street, Gzira, GZR 1300, Malta
BETTING OPTIONS
Sports betting, casino, live casino, poker, bingo, virtual sports, and more
LICENSE/S
Malta Gaming Authority Licence
APPS AVAILABLE
iOS , Android
SUPPORT
Live chat and phone
MIN. DEPOSIT
₹200
TWITTER
@betway 01
DEPOSIT METHODS
WITHDRAWAL METHODS

About betway

  • Betway does not accept players from India anymore

One of the world's most renowned bookmakers, Betway, was founded in 2006, and there has been no looking back since. Licensed by the Malta Gaming Authority, this bookie has taken little time to cement itself as one of India's best cricket betting sites, thanks to its user-friendly design and an extensive set of betting-related features. Add to that a high-quality livestreaming function and competitive cricket betting odds across various markets, and you know why the majority of Indian punters flock towards this Malta-based bookie.

Through the course of this Betway review, you will learn that the bookmaker:

  • Provides a wide range of banking services, including Netbanking, UPI, Google Pay, and others.
  • Offers a broad range of cricket betting markets, some of which you will not get at many other bookies.
  • Has a high-quality and free livestreaming function for select matches.

In this Betway review, we will cover all the above facets in detail — from the convenience of payment methods to the competitiveness of odds and live betting to examining how prompt their customer support is.

Betway-home-page

(Source: Betway)

Sign Up Process

5

How to register on Betway?

Here’s a step-by-step guide:

  • Step 1: Enter your first name, surname, date of birth, and click on ‘Next’.
  • Step 2: Type in your desired username, password, email ID and click on ‘Next’.
  • Step 3: You need to further enter your address, phone number, and PAN number.
  • Step 4: Choose your currency and finally click on ‘Register’.

And that’s it. Follow the above steps to successfully open your Betway account.

What’s the Welcome Offer?

5

Though not extraordinarily high compared to some of the other sports betting welcome promotions, the Betway welcome bonus is nevertheless generous. The bookmaker offers you 100% matched free bets up to ₹4,000 if you happen to lose the first wager.

T&C Evaluation

Make sure you go through these terms and conditions before you decide to avail the bonus from this bookie. While researching for the Betway review, we found these technical terms that might prove important to you for planning bets and withdrawals:

  • Minimum qualifying deposit is ₹250.
  • You have to bet on odds of 2.00 and above to avail the welcome bonus.
  • Bets on all sports qualify (both pre-match and in-play).
  • Maximum free bets you can avail is ₹4,000.
  • Only the first ever bet you place qualifies.
  • You have to comply with Betway’s wagering requirements to avail any promo.
  • Free bets will expire seven days after it is credited.

Please check the official Betway website for the entire list of bonus-related terms and conditions.

Payment Methods

4

For our Betway review, we went through the various betting payment methods accepted by the bookmaker.

Thankfully, Betway is a low deposit betting site, where you can start from as little as ₹200 using all payment methods except NETELLER. Important, the bookmaker supports quite a few India-specific payment methods, including Visa/Mastercard, UPI, Paytm, PhonePe, Google Pay, and Netbanking.

Here’s a list of all the Betway deposit and withdrawal options for you — just toggle between the deposit and withdrawal tabs to get the entire list.

  • DEPOSITS
  • WITHDRAWALS
METHOD MIN MAX FEE
₹200 2 crores N.A.
₹200 2 crores N.A.
₹500 2 crores N.A.
₹200 2 crores N.A.
₹200 2 crores N.A.
₹200 2 crores N.A.
₹200 2 crores N.A.
₹200 2 crores N.A.
₹200 2 crores N.A.
₹200 2 crores N.A.

*List only includes payment methods active at the time of writing the article.

How to Deposit on Betway?

Betway-deposits

Here’s a step-by-step guide to depositing money into your Betway account:

  • Step 1: Sign in to your Betway account and navigate to the ‘Bank’ section.
  • Step 2: Click on ‘Deposit’ and choose your preferred method from the available options.
  • Step 3: Enter the amount you wish to deposit.
  • Step 4: Follow the instructions and confirm your deposit.

And that’s it, you’ve successfully funded your Betway account. However, please note that while the minimum deposit for first-time bettors is ₹200, the same becomes ₹500 from your second deposit onwards.

How to Withdraw from Betway?

The process for a Betway withdrawal isn’t time consuming at all; in fact, the bookmaker is one of India’s many fast withdrawal betting sites. Given the bookie‘s track record and according to inputs gathered from the punter community during our research, withdrawals are almost always processed within the mandated timeframes. The processing speed is also commendable, with most withdrawals processed within a couple of hours at most.

However, remember that you will not be able to withdraw any winnings unless you’ve verified your Betway account. This is a step that has been made mandatory across bookmakers as an attempt to beef up user safety and safeguard your financial information at all times.

Here’s a step-by-step guide to withdrawing from Betway:

  • Step 1: Sign in to your Betway account and navigate to the ‘Withdrawal’ section.
  • Step 2: Choose your preferred withdrawal method from the available options.
  • Step 3: Enter the amount you wish to withdraw.
  • Step 4: Follow the instructions and confirm your withdrawal.

There you go! Just follow these easy steps and your withdrawal request will be successful.

Can You Trust This Betting Site?

5

Trust is critical in the online cricket betting sphere, and it is vital that you only place your bets with bookmakers you can rely on. Analysing the trust factor formed an integral part of our Betway review, and here’s a summary of the findings:

  • The operator is licensed by the Malta Gaming Authority (MGA) — an internationally recognised betting regulator.
  • Betway uses 128-bit SSL digital encryption technology, and all Visa/ Mastercard transactions are made via a secure File Transfer Protocol (File Transfer Protocol).
  • They have an eCOGRA certification for data protection. So, as a player, you can absolutely feel safe and secure when using it.

However, you can always learn more about whether online gambling is legal in India, and we suggest you do the basic research and comply with the local betting-related rules and regulations in your state.

Cricket Betting on betway

5

How to Bet on Betway?

Betway-place-bets

(Source: Betway)

Throughout our Betway review, we found that the processes — be it payments or placing bets — are extremely smooth and straightforward, with no unnecessary steps or procedures.

Here’s a step-by-step guide to placing a bet on Betway:

  • Step 1: Choose the team or player or market you wish to bet on
  • Step 2: Select the best odds and suitable markets
  • Step 3: Enter your stake and click on ‘Place Bets’.
  • Step 4: Once that’s done,

Once that is done, you will be able to view your bets under the ‘My Bets’ section.

Quality of Odds

The overround percentage is important to determine whether a bookmaker is the right fit for you. The general conception is that the lower the overround, the more competitive the odds.

In general, overrounds between 0-3% are considered ideal, while anything ranging between 3-5% is acceptable. But if it’s more than 7%, this is an indicator that you should look elsewhere. To learn more about this, check out our article on cricket betting odds.

For the purpose of our Betway review, we selected the match-winner odds of five upcoming matches, as you will see in the table below. Please note that overrounds can be high on particular matches, but that doesn’t mean the bookie is a bad fit. It only tells you that, if possible, you should steer clear of betting a large sum on that game/event.

You can use a simple online overround calculator to find out the overround percentages for a bookmaker before confirming your bet.

MatchOverround (%)
India vs Sri Lanka5.22
Sunrisers Eastern Cape vs Pretoria Capitals9.73
Zimbabwe vs Ireland8.14
Pakistan vs New Zealand2.58
Sydney Thunders vs Perth Scorchers7.86

Variety in tournaments

Betway offers an exciting mix of the top cricket tournaments and domestic leagues like the Ranji Trophy and the Vijay Hazare Trophy. That aside, betting markets for some of the world’s most-followed leagues like the IPL, Big Bash, and CPL are also regularly offered.

Betway Features

In this section of our Betway review, we take a deep dive into the various add-ons and features available. You can check out our exhaustive and thoroughly researched cricket betting reviews done by our cricket nuts to get a fair idea of the various bookmakers’ pros and cons, so you can make an informed decision.

  • Straightforward UI

Betway has arguably the most straightforward user-interface of all betting sites and a design that’s very easy on the eye. You can find your way around the website easily, making it ideal for beginners and novice bettors still trying to figure out how to bet on cricket online.

  • Competitive odds

You can rely on Betway to provide some of the most high-value odds on the biggest cricket leagues across the globe, including the Indian Premier League or other massively popular ones like the Big Bash and Super Smash.

  • Livestreaming

Betway offers high-definition and free cricket livestreaming of select top-tier matches and tournaments on the desktop version as well as on the Betway mobile app.

  • Mobile betting app

Betway offers a feature-loaded cricket betting app for both Android and iOS users. The mobile betting application works like a dream and is an exact replica of the website version, allowing you to bet on the move.

  • Sizeable welcome bonus

Betway rolls out handsome free bets consistently, which, when combined with the raft of other promotions and welcome bonuses, make this operator a great choice for sports betting.

Free bets banner

 

Top 5 Other Sports

Apart from cricket, here are some more sports you can bet on at this bookie:

Top-5-other-sports

Live Betting

5

In-Play Betting

Betway-in-play-betting

(Source: Betway)

With Betway, you get access to a glitch-free live betting site that lets you place bets on a match (on a variety of sports) when live action is still unfolding.

To access Betway’s in-play betting, simply click on ‘In-play’ on the bar where you see all the ‘Promotions’, ‘Cricket’, ‘Football’, ‘Tennis’, ‘Bet Slip’, and ‘Cash-Out’. All the matches available for in-play betting will be listed there, and you can choose your preferred event and the live betting market. Just ensure you keep an eye out for the best odds as they keep changing fast in keeping with what’s unfolding on the ground.

Livestreaming

Betway-live-streaming

(Source: Betway)

Betway offers free-of-cost, high-quality cricket livestreaming to all its players, where all you need is a funded Betway account and a stable internet connection. And the best part is the livestreaming feature isn’t only available for top-tier matches but also for local and domestic competitions like the Ranji Trophy. It is this point that we believe separates Betway from most of its rivals.

To access the Betway livestreaming feature, you should have a funded account to begin with. Once you have signed in, choose the match you want to watch and bet on. If that game is available for livestreaming, you will find a green box marked ‘Watch’ at the centre of the screen. Click on that, and the stream will start for you. You will find all the betting markets for that event under the livestreaming box.

Mobile Betting

5

Betway-mob-betting

(Source: Betway)

The Betway app is available and optimised for both Android and iOS devices, and we think it’s undoubtedly one of the best apps for cricket betting in India at the moment. It functions flawlessly, on par with the desktop or mobile browser version of the site. The Betway mobile app is simple to use, and you can log in just like you would on a PC. You can access the same features as the website, like livestreaming, in-play betting, cash-out, and all the sports betting promos.

Customer Support

4.5

24x7 AssistanceYes
Live Chat SupportYes (on the website)
TelephoneYes (08082389841)
EmailYes (support@betway.com)
Twitter Support@betwaysupport

Customer support is one of the best ways to determine the legitimacy of the betting site you’ve chosen, and we can confidently say that Betway passes all evaluations on this front. The bookmaker’s customer service is available around the clock via phone, live chat, or email.

However, we suggest you go through the FAQs before, as the majority of answers to issues that could arise (with your account or your bets) are available online.

This bookmaker provides live chat support 24/7; however, accessing it is a pain. What we felt was that the bookmaker was almost trying to keep the live customer interaction at bay. They have a multitude of FAQs, which supposedly have all the answers, and only if your query is beyond their scope can you access the live chat feature. But that’s not the end of it.

Initially, it will be a virtual bot assisting you, and then a “human” assistant. If the queries get too complicated but stay within the scope of the given keywords, the virtual assistant rephrases them on its own. We believe that this is an area where the bookmaker needs to improve.

Cricket Betting Advice Final Verdict

4.5

And that’s a wrap on our Betway review — we hope we were able to answer all your questions!

Having been around for quite some time, Betway has established a strong name for itself in the industry, riding on its comprehensive sportsbook, handsome odds, seamless in-play betting feature, and multiple India-specific payment methods.

The few issues we came across (like the relative shortage of sports betting-related promos and the lack of a generous welcome offer) need to be ironed out, and we believe this would hold the operator in good stead in the long run.

We suggest joining Betway today to start betting on cricket on their user-friendly mobile application and website. And most importantly, bet responsibly!

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