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Betway

Steven D. Thompson

Updated:

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Established: 2018
Minimum Deposit: $100
Licenses: Malta Gaming Authority
7/10 Betpack Rating

Betway Review

Betway Pros & Cons

Pros

Pros

  • Wide range of betting markets
  • Standout customer support
  • Betway Mobile App
Cons

Cons

  • Jurisdiction Limitations
  • High odds margins
  • Monotonous design

Betway Review

Licenses
Malta Gaming Authority
Languages
English
Established
2018
Loyalty/VIP Programme
No
Betway Extra Features
Bonuses, Tournaments, Casino, Live Streaming, Odds Boost, Mobile App
Withdrawal Limits
N10000 Per transaction

Betway Payment Methods

Depositing Methods
Withdrawal Methods

Betway Extra Features

Extra Features

Betway User Reviews

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Table of Contents

    Betway Review

    Betway is one of the leading betting sites in Nigeria, and if you're interested in learning more about this exciting sportsbook, make sure to check our Betway review. Betway entered the Nigerian market in 2018 and has developed into a major player in the country, so stick with us to learn the essentials of the platform.

    Betway Bonus Offers

    Unlike some similar platforms in the region, Betway's sports betting bonuses and promos really stand out. In addition to a generous welcome bonus for new customers, the bookie offers a variety of enticing promos to existing players, including a 700% Boost and Awoof NaiJackpot, as well as several high-rewarding betting contests. 

    We will walk you through all the bonuses the bookie offers and show you how you can claim them. Without further ado, let's review Betway's bonuses and promotion offers in detail down below.

    Betway Welcome Bonus

    With the Betway welcome bonus, you can get a 100% bonus on your first deposit in free bets up to N100,000 if you are a new customer who qualifies for the promo. To activate the bonus, you must make a minimum deposit of N100 and place bets equivalent to 10x the value of your initial deposit at odds of 3.0 or higher. 

    Betway's Welcome Bonus only relates to the odds. It doesn't matter if you bet on a single game or a parlay as long as you match the minimum required odds of 3.0.

    However, there's a small catch, as time is a factor in this promotion. You have 30 days to meet the playthrough criteria to unlock the Welcome Bonus. So make sure to act swiftly once you've registered your Betway account.

    You can then use Free Bets as cash for future bets, but all potential winning will reflect in your cash balance minus the initial stake. All the winnings acquired using Free Bets are eligible for future bets or withdrawals. 

    Betway Free Bets

    As you may be aware, the Betway welcome bonus is a free bet promo that can get you between N100 and up to N100,000 in free bets if you are a new customer. 

    As for existing customers, there are various ways to earn free bets through several exciting betting contests on the website. But we will discuss this matter later. 

    Betway VIP/Loyalty Program

    While Betway currently does not have a VIP/Loyalty program on the menu, the bookie has promised to develop an innovative betting loyalty rewards program for existing customers.

    But since the loyalty program is unavailable, we find this a bit disappointing, especially considering Betway's long-standing presence in the betting industry. 

    Other Betway Bonuses

    At Betway, you can also benefit from several enticing perks besides the above-mentioned welcome bonus. These promotions include a 700% accumulator bonus, Beat the Odds, Awoof NaiJackpot, and other daily benefits. Let's find out more about each.

    700% accumulator bonus (multi-bet offer)

    Betway provides customers with up to a 700% winnings boost on accumulators.

    If you want to benefit from the Betway Boost, you can add two or more legs to your bet slip, each with odds of at least 1.2 per selection. It's pretty straightforward - the greater the number of picks, the larger your reward.

    The 700% accumulator boost promotion enables you to bolster your accumulator profits by adding more legs to your combo bet. For example, if you add 11 picks, you'll receive an extra 50% profit, and if you have 18 or more qualifying legs, you'll increase your winnings by 100%.

    To make this simple:

    • Pick two to 40 legs for your combo bet. The mandatory odds that qualify you for the Betway Boost is 1.2 or over.
    • Get a bonus from 3% to 700% of your potential winnings on top, provided your bets are accurate. 

    Awoof NaiJackpot

    By placing a cash bet on any sports game, whether pre-match or live, you will receive one free entry to the Awoof NaiJackpot, a daily opportunity to predict the result of selected bet types and win a cash prize of N50,000.

    Here's a funny thing. Even if you miss out on the reward on a given day, the cash prize will transfer to the Jolly NaiJackpot Saturday pot, where it will be up for grabs on the final Saturday of the month.

    Betway's rich promo offer doesn't end here. The bookie also runs three good-looking promotions on a weekly basis. Let's take a look at each.

    Top Up Tuesday

    The Top Up Tuesday promo means you can earn more with your next deposit by simply making a deposit on a Tuesday and wagering the entire deposit amount at minimum odds of 2.0 on the same day. 

    Free Play Friday

    The Free Play Friday has nothing to do with your deposits or betting volume. You qualify for this promo by simply having an account at Betway. Only log in to your Betway account every Friday and check whether you are among the fortunate ones to get a Free Play Friday reward.

    Super Boost Saturday

    The Super Boost Saturday promo is another eye-catching incentive for existing customers. It gives you 'super boosted odds' on high-profile matches taking place over the weekend. All you have to do to receive boosted odds is choose bet types of your test on five 'big' weekend matches.

    It only gets better. If you are on the lookout for a life-changing win, Betway is a place you should visit. Indeed, we saved the best for the last. And here's why.

    Pepper Don Rest Jackpot

    With as low as N25, you can win up to N500,000 by predicting the outcome of eight matches selected by the bookmaker. 

    Here's how it works. Visit Betway's promotional page, check for the bookie's eight-match selection, and make 1×2 predictions on the games listed. 

    Even if you don't guess all eight fixtures accurately, you can still earn decent consolation prizes.

    However, if you dream big, the two following promotions have you covered. Both promos work on the same principles but could get you much bigger rewards.

    Do-Ri-Me Jackpot 

    Bet as low as N50 on 13 matches on the promotional page to win N14,300,000. Again if you fail, you qualify for consolation awards, split equally in the prize pool.

    17 Gbosa Jackpot

    If you consider yourself a betting expert, you should try and guess 17 fixtures right. The task is arduous, but with as low as N100, you can earn a whopping N850,000,000. 

    Just make 17 accurate predictions to become a multi-millionaire. Piece of cake, right? 

    Betway: Design & Usability

    Navigating the Betway sportsbook is pretty straightforward. While it's evident that the Betway layout prioritises football over other sports, you don't have to go through the tedious work of clicking to find them as they are conveniently listed in the centre of the page.

    Although there is a menu button, all of the betting categories can be accessedctly on the homepage, situated beneath the site's logo. Whether you are interested in pre-match or live betting, you are one click away from finding the section of your preference.

    But even though we find the Betway main page plain and easy to navigate, you can argue it's somewhat monotonous. The website uses black, grey, white, and a touch of green, which may not be as visually appealing as some would like. However, if you prefer some old-fashion design, you will enjoy Betway. 

    Betway Sports

    Betway offers a wide range of sports for betting, and we must confess that it exceeded our expectations. The sports available on the platform offer plenty of betting opportunities, even if you are a highly selective bettor who prefers niche events with limited coverage.

    With over 35 sports to choose from, we find that only a few can match the popularity of football, although some stake their claim for the top. Among these contenders, tennis and basketball are the two main sports vying for the top spot on the platform.

    These are the sports that come with the most comprehensive betting markets at Betway. 

    Football

    If you are a football bettor, you have everything you need at Betway to place educated bets. Betway provides a vast selection of football leagues and competitions to choose from, with many prominent tournaments across Europe and South America included.

    Nevertheless, Betway offers more than just the English Premier League, Champions League, and Copa Libertadores. Football enthusiasts can also place bets on youth and amateur competitions, which is excellent news.

    Basketball

    Betway Basketball also comes well-represented at Novibet. The sportsbook lets you bet on all the most popular European, Australian, Asian, and South American competitions.

    However, if you want to experience basketball betting in all its glory, you obviously must bet on the NBA. The most competitive basketball league in the world comes with a fantastic range of markets, from regular and alternative point spreads to player prop bets.

    Tennis

    If you enjoy betting on tennis, this bookmaker provides an excellent range of popular betting markets for the "white sport."

    Whether it's major Grand Slam tournaments like the US Open and Wimbledon or lesser-known events such as ITF and Challengers, Betway caters to all levels of tennis enthusiasts, delivering a first-class betting experience.

    Betway Markets

    Betway is anal platform for players interested in football betting, thanks to its extensive range of betting markets. Some of the bet types available for football betting on Betway are:

    • 1x2 

    • Double Chance

    • Draw No Bet

    • Over under goals 

    • Both teams to score 

    • Correct score and multi correct score

    • Exact total goals

    • European handicap (3-way)

    • Half time/full time

    • Interval betting: outcome, double chance, goals

    • Prop and stat betting: bookings, corners, etc

    • Combo bets

    But if basketball is your passion, Betway won't let you down. The basketball betting markets at Betway include some of the following bet types:

    • Moneyline

    • 1x2 HT

    • Over/Under

    • Asian handicap (match and half time)

    • Race to points

    In-Play Betting & Live Betting

    As with most leading bookmakers, in-play betting is available at Betway. To access it, select the "Live" option from the menu. The sports available for in-play betting usually include football, tennis, and basketball, with other sports such as ice hockey, volleyball, handball, or rugby appearing periodically.

    The range of odds available for live betting on BetKing is slightly smaller than pre-match, but still significant. One of the key features offered to sports bettors is Cash Out, which is highly sought-after among experienced online bettors. This feature allows users to settle their bets before the event concludes. To access this feature, you need to check your bet slip.

    Betway Odds

    As a global conglomerate, Betway has always been among the most competitive sportsbooks in the world in terms of odds. But while the overall odds are often higher than industry standards, the betting margins are slightly higher in the Nigerian marketplace.

    Margins start low at 1-1.5% for betting markets with “Odds Boost” turned on. According to our tests, the average is around 7.66%. That is slightly higher than industry standards (4-5%). In Nigeria, the betting margins are generally higher compared to other popular bookies, with margins as high as 14%. 

    Betway Live Streaming

    Many online betting sites now offer live streaming as a standard service, and it is undoubtedly one of the most thrilling features available. Fortunately, those who sign up with Betway can take advantage of their live streaming service to enhance their betting experience and make it more engaging.
    With the live streaming feature, players can bet in real-time while watching their favourite teams compete in major sports tournaments. Betway provides mobile-optimized streams, which can be accessed conveniently from anywhere via mobile phones, enabling customers to enjoy the service from the comfort of their own homes
    During our review of Betway's live betting and live streaming services, we discovered that all the features and services provided on the site exceed expectations and are highly satisfactory.

    Betway Mobile App

    One of the standout features at Betway is the outstanding mobile app. Mobile betting apps have been an industry standard for a few years now and it seems that Betway has taken the matter seriously, creating one of the most impressive betting apps out there.

    The app is available for both iOS and Android. To download the Betway app, visit the homepage, where you'll see two buttons at the bottom of the site for downloading the app on iOS or Android. We find this the most straightforward way to access the app.

    Upon downloading the Betway app, you will gain access to a complete range of the site's sportsbook. All the features and functionalities are available on the Betway website are also accessible through their mobile app. 

    Betway Customer Service

    Betway Nigeria offers excellent round-the-clock customer support with multiple ways to get in touch. You can access its customer service by clicking on the "Contact Us" option in the dropdown menu or scrolling down to the footer. These are the channels through which you can get in touch with Betway.

    Betway Live Chat

    While Betway has a 24/7 available Live Chat, you have to find the channel by finding the "Contact Us" section first, which is a bit of a fuss. But the Betway team usually gets back to you instantly.

    Betway Email

    Reaching out via email might not be the fastest way to get your response, but if you are looking for a detailed answer, this is the best way to go.  

    Betway Phone

    While many sportsbooks no longer provide phone support, Betway still offers this option. If your issue or inquiry requires a more detailed explanation, contacting them via phone might be the best solution.

    Betway WhatsApp

    If you want, you can also contact them via WhatsApp at the contact number +2349070071660. You can also find Betway on Facebook and Twitter. On top of that, Betway has an impressively helpful FAQ section if you want to avoid using any of the usual channels.

    How to Register at Betway 

    To sign up to Betway, you only need a few clicks and then you are done! Just follow our four steps to create your account.

    Step 1: Click on Sign Up

    Visit the Betway home page and click on the "Sign Up" button in the top right corner. 

    Step 2: Provide a Phone Number & Create a Password 

    Next, you have to enter your phone number, password, first name, and last name. Surprisingly, the email box is optional. 

    Step 3: Enter Personal Info

    Now you have to enter your date of birth, address and state, and click "Register."

    Step 4: Select Deposit Method

    The final step is to pick your deposit method. Here you can choose to make a deposit immediately or do it later. 

    Betway Payment Methods

    When you enrol at Betway Nigeria, you get a variety of payment methods for sports betting. To fund your Betway Nigeria account, you can use online bank money transfer services, prepaid cards (Visa Card or MasterCard), e-wallets like, Flutterwave, Opay, or Quickteller, and the Paga app. 

    Be aware that while most of these transactions come at no additional charges, some warrant nominal fees. To spare you time, we compiled a list of available payment methods featuring minimum and maximum deposit amounts, processing times, and transaction fees charged. 

    Note that all below-listed deposits are instant.

    Debut/Credit Cards (Flutterwave)

    • Visa – Min. N100 – Max. N250,000 – No fees

    • Mastercard – Min. N100 NGN – Max. N250,000 - No fees

    Debit/Credit Cards (Quickteller)

    • Visa – Min. N100 – Max. N250,000 – No fees

    • Mastercard – Min. N100 – Max. N250,000 - No fees

    Paga

    • Paga: Min. N100 – Max. N100,000 – Standard Charges

    Bank Transfers and Online Banking

    • Flutterwave: min. N100 – max. N250,000 – no fees

    • Bank transfer: min. N100 NGN – max. N10,000,000 – no fees

    As one of the most common and popular deposit methods, USSD is also available at Betway. The minimum deposit amount via the USSD option is N100. The maximum deposit you can make with it is N50,000. But you have to pay a service charge of N25.

    Withdrawals

    Withdrawing funds from Betway Nigeria is another positive experience. The three available withdrawal methods on the platform are:

    • EFT (Electronic Funds Transfer)

    • Opay

    • Paga

    The minimum withdrawal amount at Betway Nigeria is N100 for most transactions, while the minimum amount for bank transfers is N1000.

    Likewise, the maximum amount you can withdraw per transaction is N10,000 via e-wallets and the Paga app, while the maximum withdrawal amount via bank transfer is N10,000,000. 

    The withdrawal time depends on the payment methods, but it can take up to a maximum of 2 business days. 

    Is Betway Safe?

    While it is true that Betway endured a rocky start when it first launched the website around 15 years ago, it has turned into one of the leading bookmakers in the industry. 

    You wonder why? The founding fathers changed the management team twice within the first five years of its online operation. In order to make the site trustworthy, Betway chiefs have gone a long way, from being accused of scamming to earning worldwide recognition as an established platform.   

    As the platform grew, it spread to the African marketplace, opening one fraction in Nigeria in 2018. 

    Now certified by eCOGRA and the International Betting Integrity Association, third-party groups dedicated to providing safe and fair online gambling opportunities, Betway deserves the benefit of the doubt.

    As for your privacy, Betway, like many other leading players in the industry, employs high-level security measures like cutting-edge encryption (SSL). It's no wonder the platform has reached these heights.

    Betway Gaming License

    Licensed by both the UK Gambling Commission and the Malta Gambling Authority, Betway is as legit as it gets. Anyone familiar with the world's gambling licensing authorities knows the two above-mentioned regulators are among the most well-respected in the industry, courtesy of their high standards and consistent auditing. 

    Frequently Asked Questions

    Does Betway have a gambling license?

    It does. It's licensed by the UK Gambling Commission and the Malta Gambling Authority.

    Which payment methods are available at Betway?

    Betway supports a variety of payment methods, including bank money transfer services, prepaid cards, and e-wallets.

    Does Betway have a mobile app for Android and iOS?

    It does. And it's one of the best in the industry.

    What is the maximum payout at Betway?

    The maximum payout on Betway is N25,000,000 for a single bet and N50,000,000 for a multi-bet per bet slip.

    Is live streaming available at Betway?

    Yes, Betway has one of the best live-streaming features.

    Our odds and reviews have been featured in:
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