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- Fantastic football and basketball odds
- Numerous local payment options
- Extensive range of customer support options
- Modern betting features like Boosted Odds and Bet Builder
- Dedicated mobile apps for Android and iOS users
- Licensed by two local boards
- Sports welcome bonus could be better
Information about the bookmaker
Founded in
|
2006 |
Country
|
United Kingdom |
Languages
|
English, German, Norsk, Finland, French, Danish, Spanish, Italian, Portuguese |
Account currencies
|
NGN, USD, EUR, GBP |
Payment systems
|
Mastercard, Visa, Trustly, PayPal, Neteller, OPay
|
First deposit bonus
|
100% bonus |
Mobile app
|
|
Live betting
|
|
Min. bet
|
₦100 |
Support service
|
Live Chat, Email, Phone |
Min. deposit
|
₦100 |
Withdrawal
|
₦1,000 |
Payout time
|
Up to 24 hours |
Betway is undeniably one of the most popular sportsbooks in the world. The platform launched internationally in 2006 but didn’t make its way into the Nigerian sports betting market until 2018. Thanks to its massive reputation, it didn’t take long for Nigerian punters to jump on the Betway wagon, and today, it’s one of the leading bookmakers in the country.
If you want to learn all about placing bets on this sportsbook, then our Betway review is exactly what you need. You’ll also discover the bookmaker’s bonuses and promotions, betting features, licenses, and how to register an account in a few minutes.
Is Betway Legit?
Betway holds licenses from multiple international boards but also understands the importance of being licensed in local jurisdictions. That’s why it has obtained licenses from the Lagos State Lotteries and Gaming Authority (no. LSLGA/OP/OSB/BW221017) and the National Lottery Regulatory Commission (no. 1371620).
Betway is also the lead betting sponsor of several sports teams, including English Premier League clubs like West Ham and Manchester City, as well as NBA teams LA Clippers and Golden State Warriors. The bookmaker also boasts impeccable security features like 2FA and SSL Encryption, in addition to positive reviews from thousands of players. So yes, Betway is a legit Nigerian bookmaker that you can trust.
Overview of Website and App
The Betway online betting site is accessible on any device with access to the internet. As long as you have a modern web browser, simply type in the website on your search bar, and you’re good to go.
Betway mobile users can choose to play on the mobile site or download the dedicated mobile app for Android and iOS. We did a Betway review on both versions of the platform and found them to be mostly similar. While the apps have added perks like bet notifications and biometric locks with face ID and fingerprint, they offer the same functionality as the site.
Also, if you’re a fan of Betway casino games, especially live dealers, we discovered that the live streams are much better on the mobile site version. You’ll even enjoy them the most if you access the platform from your desktop. However, for faster access to your favourite markets and easy follow-up on all your bets, we recommend the mobile app. Here are steps to follow if you want to download the Betway online sports betting app on your device.
Android
The Android version of the app is available on the Google PlayStore for direct download and installation. To do so, launch the PlayStore app on your device, search for Betway NG, and hit the Install button.
Betway no longer offers manual downloads of its app from its official site. While there’s an app page, clicking on any links will redirect back to Google PlayStore or the Huawei App Gallery.
iOS
Similar to the Android version, you can only download the Betway app for iPhone or iPad from the App Store. The procedure is also similar: open the App Store and search for ‘Betway Sports Betting.’ Then click on Get and wait for the app to install before tapping open.
Betway Registration Process
Creating a Betway account is a very simple process that can be completed in just a few minutes. Here are the basic steps to follow:
- Visit the Betway website and hit the Sign Up button.
- Enter an active mobile number and choose a strong password.
- An OTP will be sent to the number you entered; fill in the code in the provided box and click next.
- Enter your date of birth, first and last name, which must match your bank account, and your email address. You can also enter a Betway promo code if you have.
- Tap the Register button, and you’ll be directed to the home page with your account logged in.
Nigerians don’t need any ID or further verification to register a Betway account, complete a deposit, or bet on games. However, you might be asked to verify your identity further if suspicious activity is identified on your account. Even then, just your NIN number is enough to verify you. It might take up to 48 hours to get the confirmation email though.
To delete your account, complete your Betway sign-in and scroll down to find the Contact Us option. Choose email from the list and send an email to [email protected] requesting them to close your account. You’ll be asked to provide info to confirm your identity, after which your Betway Africa account will be permanently closed.
Betway Sportsbooks
The Betway sports betting platform is home to 25+ sports and thousands of betting markets. As you’d expect, football tops the charts with leagues and competitions from over 30 countries. You can bet on the English Premier League, the UEFA Champions League, the Italian Serie A, the German Bundesliga, the Nigerian Professional Football League, and dozens more.
However, it’s not just the availability of events that’s exciting, but also the range of betting options. Whether you’re looking to bet on Match Results(1x2), Total Goals(Over/Under), Correct Score, Halftime Bets, Goal Scorer, Bookings, Corners, and even shots on targets, you’ll find the option at Betway.
Tennis fans also have it good with multiple ATP, ITF, and WTA events lined up almost every day. You can also bet on outright winners of the match or tournament, winners of specific sets, or the total number of games that will be played in the game. Likewise, basketball lovers have access to top markets, such as the NBA, WNBA, and Euroleague. 1. Lig, and PHL.
Betway Odds
When it comes to sports betting odds, calculating the margins is a great way to determine profitability. Margins refer to the percentage of profit a bookmaker takes from a betting market. If the margins are low, that means the odd is more profitable, and you’ll get higher returns for your wagers.
The margins on the big five football leagues and European competitions like the UEFA Champions League and Europa League hovered around 5%, which is in line with that of many other top sportsbooks in the country. When we went down a bit to the lower divisions, the numbers started to go high, even reaching 6.5% for some markets. This is far better than you’d get at other bookmakers who tend to focus more on the big competitions.
We also calculated the Betway bookmaker odds for top basketball and tennis events, and they averaged 6.2% and 9%, respectively. When you compare this to the odds at other sites, Betway doesn’t really stand out. While the odds of basketball are great, tennis could be way better. It even gets worse when you try to bet on less popular competitions.
Nevertheless, if you enjoy betting on the biggest sports events, especially football, you’ll have an amazing and profitable time at Betway. You’ll also enjoy great odds on basketball games but might not really enjoy the best returns on your tennis wagers.
Betting Features
Whether it’s a simple cashout option or a bet builder, there’s no denying that certain betting features can make your wagering experience so much better. They can even be your saving grace at times, and luckily, Betway has a host of these features available to both new and existing players. Let’s take a look at some of them below.
BetYourWay Bet Builder
If you enjoy placing multi-bets but don’t like the hassle of having to follow multiple games, BetYourWay is a Betway Bet Builder feature that gives you exactly what you need. This feature allows you to simultaneously place bets on multiple selections in a single match for a unique price.
Let’s say you wanted to bet on Real Madrid to win their rivals Barcelona 3-1, Kylian Mbappe to score, and at three yellow cards. Simply visit the game page on the Betway sportsbook and enter the Popular section; you’ll find some #BetYourWay picks with boosted odds. Next to the Popular tab is the Build a Bet tab, where you can add up to 10 selections from that same match. When you’re done, Betway will boost your total odds.
Betway Boosts
Odds Boost is a Betway promo feature where selected odds from top football, basketball, and tennis events are priced up more than usual. For example, instead of 1.60 for Chelsea to defeat Arsenal, you might see it for 1.70, and this boost will be reflected in your winnings, too. You can identify odds that have been boosted by the yellow lightning logo next to them. It’s also worth noting that while betting on boosted odds, the maximum stake limit might be reduced considerably. That means you won’t be able to wager certain high amounts as you would with standard odds.
Betway Early Cash Out
With Betway Cash Out, you will be able to take parts of your winnings for your bet before the final event is settled. The payout will be calculated based on the current settled odds and live status of the remaining events. This puts you in control over your betting experience and lets you secure a portion of your returns or minimize losses.
How to Wager in Betway?
Placing a bet on Betway online is truly simple and can be completed in less than a minute. First, you need an account and can follow our above steps to create one. If you’re already a member, hit the login button and ensure your account is funded. Now follow these steps:
- Choose the Sports you like from the homepage; their logos are displayed at the top side of the screen.
- Top games from that sport will immediately appear on the screen, and you can also click the Upcoming tab to find other fixtures.
- If you’re looking for a specific event, use the Choose League or Choose Bet Type option to filter by country and competition, or better still, use the search from the menu to type in and find it. There’s also a Stats button that’ll show you detailed information about that game.
- The Match Result market is the default market, but you can click on More Bets to reveal dozens of other bet types.
- Now, find the bet type you are looking for and click on your preferred odds to fill out your bet slip.
- Review all picks again on your bet slip; you can also add and remove selections.
- Enter the amount you want to stake; your potential return will be displayed immediately. The Betway minimum stake in Nigeria is 100 NGN.
- Click on Bet Now.
Betway Payment Methods
Betway is flexible when it comes to making payments and withdrawing winnings. Lots of local payment options are supported, and transactions are processed quickly. Let’s explore Betway payouts and deposit methods and review the banking policies.
Betway Deposit Options
Betway offers a total of 11 deposit options ranging from bank transfers to USSD and debit cards. The available payment methods include:
- Opay:
- Palmpay:
- Pasytack Checkout (Visa, MasterCard, QR Code, and Bank Transfer):
- Flutterwave Checkout (Visa, MasterCard, QR Code, and Bank Transfer):
- Visa and Mastercard Credit/Debit Card:
- Bank Transfer:
- USSD (GT Bank *737#):
- Interswitch Quickteller:
- Paga:
- MTN Momo.
The minimum deposit in Betway using any of the above methods is 100 NGN. With Momo, you can only fund your account with up to 50,000 NGN at a time. Credit and Debit cards have a 250,000 limit, while bank transfer and Betway e-wallet options like Opay and Palmpay have a 10,000,000 NGN limit. All deposits are completed instantly.
Betway Withdrawal Policy
There are two Betway withdrawal methods — Bank transfer and mobile money. The mobile money options are Paga and Opay. The bookmaker can also transfer to any bank account as long as it shares the same name with your Betway profile.
Betway doesn’t charge any transaction fees. Bank transfer withdrawals usually take 1-2 days to be completed, while mobile money options are instant. Furthermore, the minimum Betway withdrawal limit for bank transfers is 100 NGN, while the maximum is 10,000,000 NGN. Mobile money options (Opay and Paga) share the same maximum limit but have a lower minimum limit of 50 NGN.
So far, there have been no complaints about withdrawals from regular players.
Bonuses and Promotions
The Betway sign up bonus is a 100% deposit match up to 250,000 NGN. To claim this Betway bonus, you must deposit at least 5,000 NGN and wager in a specific game. If you meet all the requirements, the deposit match bonus will be credited to your account within 48 hours.
Betway also offers an insurance promotion where 50% of your net losses every 24 hours are returned back to you. You must place bets of at least 500 NGN to qualify for this reward and can only earn up to 10,000 NGN. Other Betway promotions include:
- Betway Win Boost: The more selections you have on your Multiple Bets in Betway, the higher your win boost; you can get between 5% for 4 selections to 700% for 40 or more selections. However, only selections with odds greater than 1.2 will count towards the win boost. You can always view the current boost percentage at the bottom of your bet slip.
- Bet & Get Promo: After claiming this one-time offer from the promotion page, place bets of at least N500, and you’ll enjoy a 50% Betway Free Bet within 24 hours.
Betway Customer Service
Betway customer service is truly among the best among Nigerian bookmakers. The fastest way to reach an agent is via the live chat feature. You’ll first be put in a queue, but an agent will surely contact you in less than two minutes. You can also place a call to them or message them on WhatsApp or other social media platforms. Here are the available channels.
- Betway customer care number: 07000238929;
- Email: [email protected];
- Live Chat: Click the Contact Us option from the bottom of the homepage and then ‘Chat to Live Support’;
- Social networks (Х, WhatsApp, Facebook).
Recap of Betway Review
The Betway online betting platform is the perfect companion for any Nigerian punter looking to wager on sports events. The bookmaker is highly trusted and licensed, features amazing odds on top football and basketball events, and has a quality range of betting options on over 25 sports.
The Betway sign up bonus could be a bit better, but the 700% acca win boost and boosted odds surely make up for it. There is also an app for mobile users and a great website as well.
Latest Predictions
Bookmaker rating
300% bonus up to ₦145,600
100% bonus up to 207500 NGN
300% up to 180 000 NGN
50% up to ₦200,000
100% bonus up to 100000 NGN