Bwin Review: A Slick, Fast and Well-Stocked Sports Betting Site

bwin Portugal is a reputable, market-leading sportsbook that is trusted by hundreds of thousands of Portuguese sports bettors every day. In this Bwin review, you will discover what it is that sets this bookie apart from the competition. You can expect to learn about everything from the markets and betting odds to the bonuses.

Our Rating of Bwin - PortugalPortugal Flag

Overview – One Click to Your Topic
Sports to bet on 18
Avg. markets 36
Live streaming Yes
Payout rate 94.58%
Sponsorship Liga Portugal logo
Languages offered PortugueseEnglish flag
Customer service Live Chat/Email
Gambling license Number: 002 & 006
Boosted Odds
Play Here Visit Site!
Website www.bwin.pt
Overall Rating 4.9 / 5
Bwin Highlights:
Sports Rank Best Betting Sites
PayPal Rank Best PayPal Betting Sites
Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+

The sole aim of these reviews is to help our readers find the ideal site for their individual betting preferences. To ensure that all of our reviews are assessed as fairly and accurately as possible, we adopt standard grading criteria that judge the most important and niche topics, including the platform, the customer support, the safety and the payouts.

Introduction to the Bwin Sports Betting Lobby

We have kicked off our Bwin review by taking a look at the sports betting lobby. We believe that the ideal sportsbook will offer a plethora of sports categories and varied betting options through multiple market selections and live betting features. We can reveal now that we found exactly this at Bwin.

Markets and Betting Options

The Bwin sports betting site boasts more than 90 sports in its betting lobby, though they aren’t available to wager all year round. Instead, Bwin will display only the sports that can be bet on in that period. You can expect a varied list of both popular and niche sports.

You’ll be able to bet on football, golf, tennis, ice hockey, basketball and major sporting events such as the Olympics. You can also wager on the Big Four US leagues such as the NFL and NBA. These are just a couple of the hundreds of international leagues and divisions that can be wagered on. The following are a small selection of your Bwin betting options.

The Most Popular Markets at Bwin
Football Tennis Basketball Rugby Cricket
Premier League Grand Slams NBA Super Rugby World Cup
Champions League ATP International Friendlies World Cup Test Matches
Bundesliga WTA Euroleague Six Nations Twenty20 World Cup
Ligue 1 Davis Cup Eurobasket Premiership County Championships
Club Friendlies Fed Cup WNBA Challenge Cup Women’s Cricket
Women’s Football Challenger Liga ACB European Champions Cup Natwest Twenty20 Blast

The sport with the most betting options is, of course, football. This is undoubtedly the most popular sport in Portugal, so it was great to see that among the English Premier League and EFL CHampionship that players can bet on Portuguese football leagues such as the Primeira and Segunda Ligas.

There are also Portuguese events and leagues for basketball, tennis and golf, many of which can be wagered on live as well. The sheer number of betting options means that you will always have something new to bet on. That said, we were quite disappointed to find that there are no eSport betting markets or novelties.

As for your market options, you can wager on the standard markets such as money lines, player props, exotics, futures, handicaps and many more. The decimal format is the standard odds format for Portuguese betting sites. That said, you are able to change the format to fractional or American odds if you prefer this.

The Live Betting and Streaming Platform

The Live betting platform at Bwin Portugal is one of the best that we’ve seen in the country, and that’s saying a lot. If you are yet to experience the thrill of live betting, this fun option allows you to bet on events in real-time. This requires plenty of sporting knowledge so is not for the faint of heart.

You can make live bets on plenty of popular sports, including football, tennis, basketball and golf. You can also wager on major events such as the Olympics. The live betting lobby will provide you with a list of in-play markets for you to build a bet from along with some up-to-date statistics and game visualisation tools.

You are also able to live stream some sports through the betting lobby, which enhances the experience further. The stream will also suggest bets and show overlays of odds to help you make bets, too. This is a versatile service that can be used on desktop and mobile devices.

Multi Betting

The Bwin sports betting operator gives bettors a chance to spice up their bets with the Multi betting option. Essentially, players can add between two and 20 markets to one bet slip and calculate the odds together to form a single bet rather than a collection of single bets to stake on.

It’s worth pointing out that with every leg selection, you will be reducing your odds to win. This is because all legs will need to come through to win a payout. The benefit is that you can set a smaller stake and increase your payouts. We suggest you err on the side of caution with your multis and do plenty of research..

We were surprised to find that Bwin does not support system betting. If you are unfamiliar, system bets are similar to multiple bets in that they allow you to add multiple legs to a single bet, though each has its own characteristics that affect the odds. Common systems include Yankees, Trixies and Luckys.

There is also CashOut available at Bwin. An early cash out may allow players to close their bets and retrieve their winnings if it appears to be successful, or cancel bets early and receive a stake refund if their prospects are sketchy. This is a great feature that gives players more security, so we were pleased to see it at Bwin.

Bwin Portugal Bet Size and Payout Limits

No matter where you choose to bet, all betting sites will set limits on the minimum and maximum stake sizes as well as how much can be won on a single bet or in a day. At Bwin, the minimum bet size is 10c which is great for low rollers. The maximum stake, on the other hand, will depend on what sport you are betting on.

In what is both rare and somewhat frustrating, Bwin does not list its maximum payouts. Instead, it is likely that the maximum payout will depend on the popularity of the sporting event. Rather than adopting a blanket payout per sport, players will be informed whether or not their stake will exceed the payout amount and be instructed to lower bet sizes.

Fair Odds and Low Profit Margins

In order to judge the fairness of the Bwin odds, we compared the site’s payout margins with other major bookies in Portugal. We were pleased to find that Bwin, thanks to its size and popularity, can have a profit margin of 4.5% for all sports. This means that the remainder of revenues go back to inform odds.

It’s worth noting that not all sports benefit from such high profit margins and that this is just an average value. For example, popular events like football championships will have lower margins to drive more competition, while single events for small division sports will have higher margins to make up for the lost revenues.

  • .
  • Football 94.18 - 95.34%
  • Basketball 94.24 - 95.67%
  • Ice Hockey 95.28 - 96.46%
  • Handball 95.84 - 97.12%
  • Volleyball 94.35 - 95.21%
  • Golf 94.36 - 95.17%
  • Table Tennis 95.39 - 96.25%
  • Badminton 94.58 - 95.67%
  • ..
  • .....
  • Return to Player (%)

One of the best things you can do to always get the best prices is to open multiple accounts with several top bookmakers. This way, you can always do pre-match odds comparisons and get the best deal, or even use the matched betting strategy. Fortunately, Bwin regularly offers the best prices and payouts.

If you’re primarily interested in live betting, remember that the odds may fluctuate after you’ve confirmed your bet. At Bwin, you are able to toggle on whether you want the odds to be fixed which is a great feature. In any case, just be quick to place your bets to guarantee the best prices.

Accepted Payment Methods

In order to appeal to the most bettors, Bwin accepts a number of payment methods for both deposits and withdrawals. This includes major credit cards, eWallets, prepaid cards and bank transfers. The benefit of this is that there are always extra secure methods available that can be processed instantaneously.

Payment Methods Withdrawal Limits Deposit Limits Withdrawal Time Deposit Time Fees
Visa Unlimited €10 – €10 000 2 – 3 days Instant Free
Mastercard Unlimited €10 – €10 000 2 – 3 days Instant Free
PayPal Unlimited €10 – €10 000 2 – 3 days Instant Free
Bank Transfer Unlimited €10 – €70 000 2 – 3 days Instant Free
Mbway Not Available €10 – €5 000 Not Available Instant Free

As the above shows, the payment method characteristics are similar at Bwin, meaning that deposits should be processed instantaneously. It’s worth mentioning though that while Bwin processes all deposits instantly, different providers may not process them as quickly. In our experience, eWallets such as PayPal are the quickest.

The Web Platform and User Experience

The Bwin betting platform has been expertly-constructed to ensure the most seamless and enjoyable user experience, and this feature was a highlight of our review. In terms of aesthetics, the platform uses a bold black, white and yellow colour-scheme that gives a professional and consistent atmosphere throughout.

The sports betting lobbies are well-organised and categorised so that it’s easy to find your favourite sports and markets, no matter whether you’re making pre-match or live bets. The buttons are responsive and pages quick to load so that you will not be hampered when trying to place bets as fast as possible.

This is a bookmakers that all betting sites in Portugal could learn a lesson from when it comes to building a technically proficient site. The account controls are easy to navigate and deposits and withdrawals are stress-free. The mobile browser and app platforms are also built to facilitate all basic functions, including live streaming.

How to Build Your Bet

Before you can place any paid bets, you will need to first create a new player account. The site provides very clear instructions on how to do this, but registration mainly consists of providing your personal details and verifying your identity. This is an essential step to prevent minors and excluded gamblers from joining.

Once you have been verified, you can claim your new player betting bonus then head to the pre-match or live betting lobby. From here, it’s a matter of finding the available sports and clicking on the odds below the market categories to add them to your bet slip. You can follow our three-step guide below.

  • [1] Create an Account Create accountProvide your identity details and verify your identity to create an account. Make a deposit and claim your welcome bonus.
  • [2] Head to the Lobby Sports lobbyFind the sports and markets you want to bet on through the lobby. Click on the odds to add them to your bet slip.
  • [3] Build Your Bet Build your betChoose whether you want to make a single, multi or system bet. Set your stake, then click to Place Bet. Confirm the wager to lock it in.

The live betting process is simple and almost identical to the pre-match betting process. The major difference is that live odds will fluctuate and you may need to confirm that odds will fluctuate after you place your bet. If you wish, you can also choose to keep the live odds fixed.

Now is a good time to warn you that when it comes to bonuses, you will need to read the bonus terms and conditions. The terms will outline important restrictions such as minimum odds or have minimum qualifying deposit or bet amounts. Failure to follow the terms will result in your bonus being voided.

About Bwin

In this upcoming section of our BWin review, we’ve looked at the business behind the sportsbook. To begin with, we’ve covered the history of the site, before looking at its customer support details. We’ve rounded it out by looking at the important topic of safety and security, licensing and responsible gambling practises.

A Closer Look at the Business

Bwin was founded in Austria in 1997 as betandwin before rebranding to Bwin in 2006. Since then, the company has expanded its operations throughout Europe and the globe, and the Bwin Portugal site is one of its many brands. In Portugal, the site’s branding and licence is through a company called Go Bet.

The main Bwin brand was purchased by Entain in 2016, which is one of the largest gambling operators currently working in Europe. It has several well-known operator’s under its belt, including Ladbrokes and Coral. There are more than 20 million players signed up with the site, indicating a tried and trusted betting operator.

All About the Bwin Business
Company Support Security Player Protection
Name: GOBET Entertainment Live Chat: 09:00 – 00:00 Encryption: 256 bit Deposit Limits: adjustable
Head Office: Avenida dos Combatentes Lisbon Phone: N/A Licence Number: 002 & 006 Betting Limits: adjustable
Owner: Norbert Teufelberger Email: support.es@bwin.es Testing Agency: eCOGRA Self-Exclusion: available
Employees: 1570 Fax: N/A Audit Organisation: eCOGRA Child Protection: guaranteed
Registered Players: N/A Other: betting help FAQ/Contact form Anti-Money Laundering Controls: KYC Partner Organisations: Liga Portugal, Borussia Dortmund

Bwin has longe sponsored several sports teams and leagues. Currently, this includes the Europa Conference League, Borussia Dortmund FC and St Pauli FC among many others. The company is licensed in Portugal and its parent company, Go Bet, has a headquarters in Lisbon to maintain its Portuguese operations.

Customer Support Options

A welcomed finding of our Bwin review was that customer support is available 24/7 through a number of methods. These include email, a contact form and live chat. While live chat is only available between 9 AM and 12 AM daily, support workers are still available outside of those hours.

Players are also able to make use of an FAQ section if they wish to find solutions to their problems first, and we recommend this if you’re not in a hurry or the issue isn’t urgent. Support is offered in Portuguese and the service agents were found to be helpful, professional, knowledgeable and prompt at replying.

Many new players will overlook the importance of strong customer support when signing up to a new bookie. This can be a critical error, as you never know when an issue will arise. We are more than happy with the Bwin support, hence why we’ve given it full marks.

Licensing, Safety & Security

For a site to be legal and licensed in Portugal, it must be licensed by the SRIJ, which is the country’s sole online Gambling Inspection and Regulation Service. In order to be approved, it must prove that it meets the strictest safety, security, player protection and responsible gambling guidelines. Never gamble with unlicensed sites.

Bwin Portugal has been licensed by the SRIJ as well as other major regulators such as the Malta Gaming Authority and the UK Gambling Commission. To protect users’ personal details and finances, it uses SSL encryption technology. It also works with the EGBA to promote integrity in the sports betting market.

In terms of responsible gambling and player protection, Bwin works side-by-side with SICAD, which is the government organisation dealing with addiction. Players are able to self-exclude from the site and can use tools to limit their spending and time spent gambling. Bwin is a very trustworthy, legal and reputable site.

Extra Points Round

As we reach the conclusion of this Bwin review, we first want to address some other site highlights by awarding points for bonus features. This includes features such as live streaming, industry awards, sponsorships, special markets and the promotions on offer to new and loyal customers.

Bwin managed to earn nearly all bonus points. We have acknowledged its live-streaming feature with full marks, as we have for the sponsorships that were discussed earlier. Bwin has also won plenty of industry awards for its sports betting platform and technology.

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

We did not award a point for the Extra Markets category as Bwin does not have odds for eSports or novelties such as politics and entertainment. As for the bonuses, new players can claim a generous perk at sign up, and loyal customers can regularly get reload bonuses and free bets depending on their spending.

Conclusion

Now that we’ve concluded this Bwin review, we can surmise that this is a high-quality bookmaker that offers a diverse betting experience. You can wager on dozens of sports, including international and local leagues. A highlight is the ability to wager on Portuguese leagues.

There is a beautiful web platform that creates a stress-free and enjoyable user experience. A 24/7 customer support line ensures that all players can find help in the rare event that a technical issue arises, and the live betting platform boasts early cash out and live streaming options.

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Strengths and Weaknesses of Bwin
  • Major Strengths
  • 24/7 support
  • Live streaming
  • Major Weaknesses
  • Portuguese leagues
  • Minor Strengths
  • No eSports
  • Minor Weaknesses
  • No novelty markets
Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+

When it comes to downsides, there really aren’t many. The only thing that we were disappointed by was the lack of Bwin odds for eSports and novelty markets. If this is a dealbreaker for you or you simply want to weigh up more of your options, we suggest that you take the time to peruse more reviews for the best Portugal betting sites.

FAQ

Now that you have got to the end of this Bwin review we know you will most likely still have some questions. Take a read through the answers to the frequently asked questions we have included below. If you cannot find the answer to your question then you can also email it to us via info@bestbettingsites.com.

📺 Can I place a live bet at Bwin in Portugal?

There are plenty of live betting options at Bwin. Just head to the In-Play section of the site and you’ll find markets for all events that are in progress. One of the biggest perks to the site is the fact that you can live stream some sports while you bet on them.

🏆 Does Bwin Portugal have a welcome bonus?

You are able to claim a new player welcome bonus at the sign-up stage. The bonus could come in the form of a risk-free bet, bonus funds, odds boosts and more. Just be sure to read the terms and conditions before you make a deposit because their may be requirements on minimum deposits.

🔍 What are the Bwin's odds levels?

The Bwin odds levels are informed by relatively low profit margins. This is a good thing for players, because the less that sites keep, the more they return in winnings. You can expect particularly generous odds for popular sports such as football.

💻 What are the customer service options available at Bwin Portugal?

The Bwin customer service is available 24/7. You can reach the team through live chat and email. If you do not wish to wait for a response, you can also use the FAQ section for answers to commonly asked queries. Our experience of the support team found the agents to be kind, professional and fast.

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

Yes, you can wager on mobile devices such as smartphones and tablets. There is a Bwin app for Apple and Android devices, or you can login to your bookmaker account through the web browser. Either way, you’ll be able to use all of the same features that are available on the desktop version.