Betway Review

Betway

88/100
  • Valid bookmaker in NZ
  • Tested & Verified on 16 August 2022

Get a Free Sports Bet up to $60

New Customers from New Zealand only. Min Deposit: 10 NZD. First deposit matched up to 60 NZD. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card and Debit Card deposits only. T&Cs Apply

In our Betway review for 2022, we tell you all you need to know about this top sportsbook. The Betway site is now one of the go-to platforms for sportsbook customers, as well as those looking for casino games.

We walk through the sign-up procedure, Betway bonus offers and extra features. Also, we also look into deposit and withdrawal options, security and customer service while also answering your top questions.

We have included Betway sportsbook key features in the table below.

Betway ReviewOur Rating
BonusGet a Free Sports Bet up to $60
3/5
Bonus TermsNew Customers from New Zealand only. Min Deposit: 10 NZD. First deposit matched up to 60 NZD. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card and Debit Card deposits only. T&Cs Apply
Betting Markets4/5
Extra Features3/5
Payment Options3/5
Security & Customer Support4/5
Overall Score3.5/5
Register

Signing Up to Betway

The first thing we went to check in our Betway review was the ease of the sign-up procedure. On the main site, you’ll see ‘Casino’, ‘Live Casino’, ‘Vegas’, ‘Sports’ and ‘eSports’ options. In terms of the sign-up however, they are all dealt with in one place.

Follow these steps to sign up to the sportsbook:

  1. On the main site, hit ‘Sign Up’ in the top corner.

  2. Enter a username, password and email address.

  3. Enter your personal details. This includes your title, full name and date of birth.

  4. Then, enter your contact details; address, region and mobile number.

  5. Set any required daily, weekly or monthly betting limits.

  6. Select that you want the deposit bonus.

  7. Click to agree to the terms and conditions and then hit ‘Register’.

You may need to produce documents to verify your identity. This shouldn’t delay the procedure too long. Once your account is fully live, you can use your sportsbook bonus as long as you have met all the bonus T&Cs.

Betway Bonuses

Get a Free Sports Bet up to $60
New Customers from New Zealand only. Min Deposit: 10 NZD. First deposit matched up to 60 NZD. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card and Debit Card deposits only. T&Cs Apply Full T&Cs

Our main focus in our Betway review is on the sports betting bonus, but there are others. Many betting sites have bigger offers in terms of cash value, though this one is pretty standard.

Here’s how the Betway sports betting offer lays out:

  • Get a Free Sports Bet up to $60.
  • New customers from New Zealand only.
  • Minimum deposit is $10.
  • First deposit matched up to $60.
  • 1x wagering at odds of 1.75 (3/4) to unlock free bet.
  • Credit card and debit card deposits only.
  • T&Cs apply.
Betway Sport Betting Bonus

This is an interesting free bet offer. The 1x wagering is a crucial element. Once you have received your offer, you’ll only need to bet the same amount you were given before being able to cash out. Do keep in mind that you can’t use PayPal or other eWallets to claim the offer. Any deposit made by Visa or Mastercard, however is fine.

Other Bonuses

Our Betway review uncovered two other bonuses for new players. One is a casino offer, and the other concerns eSports. The casino bonus looks like this:

Up to NZ $1000 Welcome Bonus
New customers only. Opt-in required. 100% match bonus based on a min. first deposit of 10 NZD up to 250 NZD. Additional bonuses available on 2nd and 3rd deposits. Total max. bonus of 1000 NZD. 50x bonus wagering applies. Other conditions apply Terms Apply Full T&Cs
  • Up to $1000 Welcome Bonus.
  • New customers only.
  • Opt-in required.
  • 100% match bonus based on a minimum first deposit of $10 and up to $250.
  • Additional bonuses available on 2nd and 3rd deposits.
  • Total max bonus of $1000.
  • 50x wagering requirements.
  • Other terms apply.
Betway Casino Deposit Bonus

As always, the casino offer is more demanding with a 50x wagering requirement. The bonus can be used on live casino games, but be aware that if you manage to claim the full $1000, you’ll need to wager a total of $50,000 before being able to withdraw from your account.

Our main advice here is always to review the full terms and conditions before accepting the deal.

The eSports welcome deal mirrors the sports betting offer. Betway is a key player now in this sphere, having more eSports markets than most betting sites. Here’s the deal:

100% Deposit Bonus up to NZ $60
New Customers from New Zealand only. Min Deposit: 10 NZD. First deposit matched up to 60 NZD. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card and Debit Card deposits only. T&Cs Apply Full T&Cs
  • 100% Deposit Bonus up to $60.
  • New customers from New Zealand only.
  • Minimum deposit $10.
  • First deposit matched up to $60.
  • 1x wagering at odds of 1.75 to unlock free bet.
  • Credit card and debit card deposits only.
  • T&Cs apply.
Betway eSports Deposit Bonus Offer

Betting Markets

During our Betway review, we chose to use the menu on the main site, which brought up various options. We found it one of the easier betting sites to navigate. There is a good choice of overall markets to choose from here. Betway will also review these constantly. Sports and events to choose from include:

  • Football
  • Cricket
  • Tennis
  • Horse Racing
  • Golf
  • Boxing
  • Motorsports
  • Rugby Union
  • Rugby League

Many other niche sports are also listed, along with options to switch to eSports and the live casino. You can use the free bet on your account with any of these sports.

Odds are fair, and there are thousands of games and events priced up including live markets. Horse racing, football, cricket, tennis and rugby are the mainstays of this brand, as with other betting sites.

Betway offers plenty of smaller markets, especially within the biggest sports. You can follow horse racing and football live with betting odds updated constantly. Our Betway review found the most crucial element, the odds, competitive versus major competitor betting sites which is always pleasing to see.

Betway Features

We found plenty to look at in our Betway review aside from sports betting. Many betting sites offer casino games of course, but it’s Betway’s live casino that catches the eye. The live casino features real dealers at real tables. Games are streamed live in real-time, giving you that genuine casino atmosphere from home or while travelling.

As we’ve mentioned, the Betway eSports section is a winner. It’s perhaps the most comprehensive around. eSports betting is increasing in popularity, and Betway is at the heart of this. Games are available to bet on live pretty much all day.

In fact, in general our Betway review discovered lots of live betting and live streaming options. Streaming is not available in every territory and can vary by sport, so be sure to check this. Remember too that you can get a free bet on your account for sports betting, or a separate free bet should you specifically wish to target eSports.

Betway offers apps, both for Android and iOS. Currently, Android users can download the app directly from the operator’s site, whereas iOS users will be able to find it on the App Store.

Payment Options

All of the major payment options were discovered by our latest Betway review. That said, there are more available on some rival betting sites, and you may not get your free bet when using anything other than credit or debit cards.

These are the ways you can fund your account. The minimum deposit is $10:

  • Mastercard
  • Visa
  • Skrill
  • Neteller
  • Paysafecard
  • MuchBetter
  • ecoPayz
  • Neosurf
  • Flexepin

It’s free to fund your account, though certain operators such as eWallet providers may charge a monthly fee or a percentage. Payment methods are always under review at Betway.

Current withdrawal methods are:

  • Mastercard
  • Visa
  • Paysafecard
  • Neteller
  • Skrill
  • ecoPayz
  • MuchBetter
  • Flexepin
  • Neosurf

Once more, all of these options are free. Deposits are dealt with instantly.

The majority of withdrawals are processed in 1-24 hours. Most customers find this to be very quick, however in some cases it can take a number of days. The officially listed timeframes are:

  • Credit Card & Bank Accounts – 3 days.
  • eWallets – 24 hours.

If you ask for a cash out on Fridays and Saturdays, the funds may not make your account for up to 4-5 days so do keep this in mind. You should also remember your wagering requirements. If you’ve taken the sports betting bonus then you’ll need to wager the bonus equivalent before you can make a withdrawal.

Security and Licensing

In terms of security for players, don’t worry. Our review found Betway to have excellent SSL encryption. They also keep their privacy policy up to date. Your personal and financial data is not at risk.

The company is fully licensed to provide betting services in New Zealand, so no players are breaking any laws by using any Betway site, mobile site or betting app.

Customer Support

During our review we found that getting to the right contact details wasn’t the easiest. Once you do spot it, however, the Live Chat option is always best. Using live chat means you can get answers in real time, much like with a phone call, but completely for free, in writing and while you are getting on with other things.

The Help Section of the site is pretty comprehensive. If your query isn’t urgent then this option will likely do, but the live chat is where we’d go every time. Here, operators are polite and knowledgeable and will always be able to fix your problem in a matter of moments.

Even without the need to contact the customer care team, there are steps you can take to look after yourself with Betway. The brand offers deposit limiting, bet limiting, self-assessment, self-exclusions and more to ensure you are betting safely and responsible, which we like to see.

Overall, the customer service is very good here. The only thing we’d like to have seen in our review is easier and more identifiable links to the live chat and other services.

Betway Review Conclusion

Overall, Betway remains a strong sports betting brand for players in New Zealand. Our review found mostly positive elements, especially the variation offered. When there are no sports to bet on, the options always remain open for casino, live casino and eSports.

Here are our main pros and cons of Betway:

ProsCons
✔️ Good choice of sports betting markets❌ Bonus not available with eWallets – credit and debit cards only
✔️ Strong customer support❌ Average overall choice of payment methods
✔️Reasonable sports bonus wagering requirement

Betway Review FAQ

Your top questions answered by our Betway review.

⭐ Is Betway trusted?

Yes, Betway is fully licensed by the Malta Gaming Authority. They are trusted to offer NZ customers sportsbook odds, casino games, a live casino and eSports.

🎁 Is there a Betway bonus code?

Customers should check the Betway promotions page on the main site. An opt-in may be required to get bonus offers, though not always a bonus code.

💵 Is it easy to withdraw from Betway?

Very easy. Go to ‘Banking’ and select ‘Withdraw’. Choose your payment method and the amount you want to withdraw. Click ‘Request withdrawal’, and your payment is processed.

⚖️ What is better, bet365 or Betway?

Both brands offer different features. bet365 is a more comprehensive platform, especially for horse racing. Those looking for eSports and casino games may prefer Betway.

18+ | Please play responsibly | Terms and Conditions apply | Commercial Content