Betway Review: A Globally-Trusted Bookmaker

The Sports Betting Lobby: Markets and Betting Options

The Betway sports betting lobby includes a variety of niche and popular sports. There are roughly 35 different sports to bet on all year round, though this can be as small as 15 at any given time. This is because the operator only lists the sports that can currently be bet on as opposed to a complete year-round list.

Included in the sports list is football, basketball, tennis, ice hockey, golf, and the major US sports leagues such as NFL, NBA, MLS, and NHL. Many of these sports have dozens of local and international leagues and divisions, so there is always something new to bet on. The following are some of the most popular leagues at Betway.

As the most popular sport in Portugal, we were pleased to see that the operator offers plenty of betting options for football. While there is a primary focus on the English Premier League, you can also wager on Portuguese leagues such as the Primeira Liga and the Segunda Liga.

Other popular sports options are basketball, tennis, and golf. We were quite disappointed to find that there are no eSports markets or novelty bets such as political outcomes, as these tend to be a standard betting option at the best betting operators. For this reason, we’ve been unable to award full marks for the sports.

The standard odds format for Portuguese betting sites is the decimal format. However, if you wish to change the odds layout to fractional or American odds, you can do this easily within the account controls. As for the available market types, you can expect all the standards including futures, handicaps, exotics, line bets and player props.

The Live Betting Lobby

Live betting is the most popular way to bet for Portuguese sports bettors as it tends to be a much more fast-paced and thrilling experience. The In-Play platform at Betway Portugal gives players the chance to make wagers on match outcomes as they unfold, and a great benefit is that bets are settled immediately after predictions occur.

You can bet on a range of sports, including football, basketball, golf and tennis. This includes games in popular leagues, and bettors can even wager on major sporting events such as the Olympics. Building a bet is easy, and you have a range of useful tools and infographics to ensure your bets are informed by accurate statistics.

One of the biggest perks to this operator is that you are also able to live stream certain events as you wager on them, including the Portuguese Primeira League. To take advantage of this feature, you will need to first register a new account and make a deposit. You can also live stream on mobile devices.

Multiples Betting

There are several ways to make your Betway sports bets more interesting. One of these ways is to make a multiple bet. These are special types of wagers that allow you to combine multiple market selections into one wager which you can set a stake on rather than betting on each individual leg.

To calculate your selections together, just click on the Combo tab at the top of the bet slip. You can add up to 20 legs to one wager, which tends to be standard for European bookmaker sites. Many bettors choose to be conservative with their selections as the odds to win will drastically shrink with every leg.

Betway also supports system betting. These system bets are similar to multiple bets but are even more diverse and have different features. Once you click on the Systems tab in the bet slip, you’ll be recommended the available types. This could include Yankees, Trixies and Luckys.

You are also able to cash out early at Betway. This means that if your bets appear to be successful, you can claim your winnings before the match finishes. At times, you may even be able to cash out your bet if it looks like you could lose, which essentially voids your wager and gives you a return of your stake. This is a very worthy feature to have.

Stake and Win Limits at Betway Portugal

All betting sites will have minimum and maximum values on how much can be bet and how much can be won. At Betway, the minimum bet amount on all wagers is 10c. The maximum stake, on the other hand, will depend on which sport you bet on. You will be informed of this when you go to set your stake.

As for the maximum payout, this is set at the equivalent of £100,000 per day. This roughly equates to €120,000 per day. The maximum is the same for all sports. This is quite a standard daily win cap, and there aren’t many other major Portuguese betting sites that offer much higher payouts.

Fair Odds for All Sports

As a part of our review, we grade the odds and payout rates of bookies through an in-depth odds comparison with the site’s biggest competitors. We found that the Betway odds are competitive with other major sportsbooks thanks to an average house edge of around 4%.

This means that 96% of revenues are returned to bettors as winnings. Bookmakers use their profit margins to inform their odds. The lower the profit margin, the better the payouts can be. The best way to calculate your potential payouts is to choose your markets and enter a stake. This will show you your winnings.

It’s worth noting that different sports will have different profit margins, with the most popular sports such as football offering better odds to be more competitive. These may be different for live events, though our odds comparison found that the Betway live odds are very fair and generous.

Odds comparisons can be difficult during the fast-paced activity of live betting due to rapid odds fluctuations. This is why it’s important to place your live bets as quickly as possible before they change. One of the benefits of live streaming events is that you may be recommended bets.

Accepted Payment Methods

There are a number of popular payment methods available to make transactions to and from your Betway account. This includes credit cards, eWallets, prepaid cards and bank transfers. Each method has its own unique characteristics that may make them more attractive to different bettors, as you can see below.

Betway is quite unique in that it processes all methods similarly. For the most part, the minimum deposit and withdrawal method is €10. If you plan to use a credit card, keep in mind that Mastercards can’t process withdrawals. As for transaction times, Betway processes deposits instantaneously and withdrawals within 48 hours.

The Web Platform

As a globally trusted betting site, we weren’t too surprised to discover that the Betway web platform is beautifully-designed. There is a sleek black and white aesthetic that gives a very professional atmosphere, and the sports lobby is well-categorized to allow for easy navigation and bet-building.

The buttons are responsive and pages load quickly to facilitate a seamless user experience. When you enter the betting lobby, you will find a list of the available pre-match sports. If you click on the sport, a drop-down menu will reveal the different leagues organized according to countries.

The account controls and cashier are intuitive so that you’ll be able to make transactions with little effort. Overall, the Betway betting platform sets an example for all betting sites in Portugal and we were very satisfied with the quality and stability of the web design.

How to Make a Bet

You will need to create an account with Betway before you can place a pre-match or a live bet. This is a very easy process that requires you to provide your name, address, and identification information. The verification of your ID can take up to 48 hours, so it’s best to get started sooner rather than later.

After this, you’ll be able to make a deposit and claim your betting bonus. Then, head to the Betway sports lobby to find the sports and markets you’re interested in and click the odds to add them to your bet slip. We’ve shared an easy-to-use guide to betting below.

• [1] Create an Account Set up your account. To do this you will need to verify your identity so make sure you have all of the relevant documents to hand.
• [2] Find sports markets Find the sports market that you want to place your wager on, make sure that it is a market that interests you and click through to place your wager
• [3] Place bet Enter the stake you wish to place on the sport of your choice. Once you enter your wager the betting slip will calculate your odds for you

The live betting process is also easy. The live odds can be found within the In-Play betting tab. You will see a list of all the events that are in play, and you are able to click on the odds to add them to your bet slip. Just be quick as odds will fluctuate.

When you’ve confirmed your bet, you may be given a warning about odd fluctuations that may occur during the time you’ve placed your bet. You will need to accept or decline this. Another important point to consider is that when you make your first deposit, be sure to follow the bonus terms and conditions or risk losing your bonus entirely.

About Betway

Betway was launched in 2006 as an online sports betting brand and has now become a global leader in all things online gambling. The Betway Portugal site offers the same betting experience that users around the world have grown to love. In this section of our review, we’ve looked at the business history, its licensing, support and more.

A Closer Look at the Company

Betway is a Malta-based company that operates as a part of the Super Group. It’s CEO is Anthony Werkman. For more than fifteen years, the company has sought to revolutionise the online gambling sphere and has been at the forefront of technological advancements that have forever changed the market.

One of the biggest draws to Betway Portugal is that the site is trusted by the world’s most strict gambling regulators and the world’s largest sporting leagues. It is an official betting partner of the NFL, NBA and NHL in the USA, and sponsors several English Premier League, Serie A and Bundesliga teams.

Betway is also accredited by eCOGRA, an independent auditor that ensures that gambling operators remain fair and have not rigged their products. There are more than five million players registered to the site and over 600 employees based around the company’s offices in Malta, London and Guernsey.

Customer Support Options

We were satisfied to find in our Betway review that support is available 24/7 via numerous contact methods. The available options include live chat, email and telephone, and a FAQ section is also provided so that users can troubleshoot their own issues before reaching out to a professional.

Support is available in English and Portuguese. We tested all of the methods in English and found that the support staff were extremely knowledgeable, patient, kind and helpful. We recommend that you use live chat, as it tends to have the fastest response times and is more convenient.

Good customer support is an especially important facet to online sports betting sites. This is because betting is more time-sensitive than other forms of online gambling, so it’s essential that a bookie offers round-the-clock support in the case of technical issues. We advise you to make customer support a priority in your bookie selection.

Licensing, Safety & Security

In Portugal, sports betting sites must be licensed by the SRIJ. This is the country’s Gambling Inspection and Regulation Service, which is in charge of ensuring that all licence applicants are safe, secure, fair and are paying taxes. It’s not only illegal to gamble at unregulated sites, but also dangerous.

We only recommend licensed bookies on this site. Fortunately, Betway Portugal has been licensed by the SRIJ, the Malta Gaming Authority and the UK Gambling Commission among many other regulators. The bookie has been independently tested for fairness, and it implements SSL encryption technology to protect users’ financial details.

Betway also works with responsible gambling organisations such as Gambling Therapy to ensure that it has created the safest possible gambling environment. Players who are trying to get their gambling habits under control are able to use self-exclusion tools and other functions such as timers and deposit limits.

Bonus Points

We have dedicated this section to giving some bonus points for highlights that have yet to be covered to ensure that the best site features have been acknowledged. These include whether the site offers live streams, if it has won any awards, special markets that can be bet on, promotions and sponsorships.

Firstly, we’ve given full marks for the live stream section as Betway allows users to stream a myriad of events such as football as they bet on them. As for sponsorships, Betway is a sponsor of the West Ham FC, Brighton Hove Albion FC and Leicester FC among several others. The site has also won several major industry awards.

• LIVE STREAMS . 3/3
• SPONSORSHIP . 3/3
• AWARDS . 2/2
• EXTRA MARKETS . 0/1
• BONUSES . 1/1
• BONUS POINTS . 9

We have not given any points for the extra markets as there are no Betway betting options for eSports or novelties such as politics or TV show outcomes. Finally, the generous welcome bonus has been acknowledged with a point. Overall, the site performed very well when it comes to extra site features.

Final Thoughts

Now that we’ve reached the conclusion of our Betway review, we can reveal that this is a high-quality betting platform with a lot to offer. Players can wager on plenty of pre-match and live betting markets on a beautiful website and at the fairest prices. There are decent payout rates and a high maximum win potential.

The biggest area of improvement to the site would be the addition of Betway odds for eSports and novelty markets, as these are now a standard. It would also be nice if the bookie displayed all the sporting events of the upcoming year rather than just upcoming sports. In any case, this is among the best Portugal betting sites.

FAQs

We have put together an overview of questions to help you find answers to commonly asked questions about the Betway bookie below. In each response, we’ve provided a jump link to the relevant sections of our review so you can find more in-depth information. If you have any more questions, send us an email to info@bestbettingsites.com and we will get back to you with an accurate answer.

📺 Can I place a live bet at Betway?

You can make in-play bets within the In-Play betting lobby at Betway. There are often more than a dozen games to wager on at one time. You can find live betting statistics to help your wagers, and you are even able to stream events while you bet.

🏆 Does Betway have a welcome bonus?

There is a welcome bonus available for all new players at Betway. These often come in the form of bonus funds or risk-free bets. Just be sure to read the terms and conditions first, as you will need to make a qualifying deposit first and will be subject to odds restrictions.

🔍 What are the Betway odds levels like?

The Betway odds are extremely fair as they are informed by relatively low profit margins. That said, this will depend on which sport you’re betting on. Football odds tend to be extremely competitive, while lesser-known sporting events may be less attractive.

💻 What are the customer service options available at Betway?

There are different customer support methods available to players who wager at Betway. You are able to use live chat, telephone and email 24/7, which is about as good as it gets. We recommend using live chat as it is the most convenient and fast method to receive a reply.

📱 Can I play on the go at Betway in Portugal?

If you prefer to gamble on your mobile device, you are in luck. There is an app available for download for both Apple and Android devices. If you don’t want to download any software, you can also log in to your account through the mobile web browser.