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Betway Review 2020 & UK Horse Racing Rating

Comprehensive Betway Horse Betting Review

For frequent horse racing punters who are after a solid loyalty programme, Betway has everything you could possibly want and more!

Given the presence of the £10 welcome bonus offer and the Bet Club loyalty programme, which is the best around, there’s really no need to question why our Betway horse racing review rated Betway as the best bookie for regular punters.

Betway: The good stuff (and not-so-good)
Betway: The good stuff (and not-so-good)
  • Secure and trusted brand
  • Best range of global horse racing markets
  • Bonus bet club awards loyal customers
  • £10 welcome bonus
  • No live betting or cash out for horse races

We don’t mince our words here at HorseBetting.com, so you won’t find that our Betway review is littered with pointless facts. We’re all about getting straight to the point to tell you why this bookie is a longstanding favourite of the keen horse racing bettor.

Betway Welcome Bonus

Now, this Betway new customer offer is a 100% match bonus up to £10 on your first bet on the sportsbook. You must deposit a minimum of £10 via debit card or through PayPal within seven days of signing up for a sports account. To activate the match bonus, customers must be totalling the value of their first deposit (up to £10). Single bets must be at odds of 3/4 (1.75) or greater and each way bets 2/5 (1.40) or greater. Find out if you need a Betway bonus code in our detailed review of the offer. The match bonus expires after seven days after the deposit is made regardless of whether it has been activated or not. You can see full Betway corporate terms and conditions relating to this offer online and the compare it to the Betdaq promotions code deal.

Usability, Look & Feel

Our Betway racing review continues with how does it feel to use the site? You can access links to popular betting sports both down sidebar and a menu across the top of the sportsbook. The Betway horse racing ratings are high because that is one of the specific section called out in the latter.

The black, green and white colour scheme suits this modern company and its clientele. Daily boosts are advertised in among the races listed in time order. Most Betway racing reviews don’t touch on the mobile experience which gives you a streamlined version of the desktop sportsbook.

Mobile betting is now big business, so the Betway app is well worth downloading for free if you want to take your betting with you. Thee is a crisp feel to the site too. Unlike other Betway horse racing reviews, we rate the aesthetic because Timeform picks for all British and Irish races are included above the betting markets.

Payment Methods

How long does a Betway withdrawal take? What are your options? We’ll tell you. All major cards and eWallets, including debit cards, Neteller, PayPal and Skrill are payment methods open to you. Remember, to qualify for the new customer offer, you can only use debit cards or Paypal and you must deposit £10 minimum. Depositing is pretty much instant across the board with this bookmaker, while withdrawal times vary depending on your chosen method. If you want to learn more about limits for depositing and/or taking money out of your Betway account, keep on reading!

How To Make Your First Deposit

  • Click on the Betway banking button, then choose and enter details of your deposit method. To qualify for their new customer offer, you must use either a debit card or PayPal.
  • Decide how much money you want to deposit and enter the amount. The matched bonus bet goes up to a maximum of £10 for new customers.
  • Click the ‘Deposit’ button to complete this transaction. Should any problems arise, there is customer service to provide support.

How To Withdraw Your Winnings

  • When logged in to your Betway sportsbook account, click on the Withdrawal button.
  • Now enter how much money you want to take out of your account.
  • Click Confirm and wait for the funds to be transferred. The time this takes depends on the method.

Customer Service

Don’t let problems spoil your betting experience with Betway, because there’s several ways you can get help if you need it. Get in touch with support staff via the Live Chat function when logged in to your account. There’s also a comprehensive FAQs section packed full of common queries customers raise. Their UK phone line is manned 24 hours a day, so you can call customer support on (+44) 0808 238 9841.


With more than a decade of betting in the digital age under their belt, Betway hold licenses to operate in several European countries and are expanding all the while.

Much like what we found in our Betfair bookmaker review, they have obtained these from the Gibraltar Gambling Commissioner, the UK Gambling Commission and other official bodies abroad. Due to securing these licenses Betway is allowed to operate in the UK, as well as all over Europe. It also has licenses from other countries which helps it to operate in many other states too – you need to go through the license list of Betway before going for it in any country outside Europe since most countries have their licensing bodies. Since the top licensing bodies certify and regulate Betway, you can be sure that you are in safe hands with them. However, there are different auditors for online games.

Online games, especially in online games used in the casino, have an RNG or random number generator which keeps it safe and fair. These RNG games need to be tested regularly and certified by third-party auditors who look into these games and test their fairness. The online RNG games of Betway UK is tested by the premier auditor eCOGRA. They are the most trustworthy auditor in the gambling world who not only test whether the games are fair or not but also check whether the RTPs declared are accurate or not.

Encrypted SSL servers protect your betting

You’re probably wondering is it safe to bet with Betway? Yes, it is! To ensure that your personal information is kept safe and secure, casinos utilise different security measures. Betway uses a top-notch 128-bit SSL encryption, a technique which is provided by Rapid SSL. This encryption helps to keep all of your personal and financial data completely secure with the operator. Overall, Betway ensures that they are at the top when it comes to customer safety.

So, is Betway legit when it comes to protecting you while betting online? Absolutely! You can bet with confidence that all is well with complete peace of mind thanks to their encrypted servers and state of the art firewall.

Reap the Rewards of the Betway Bet Club

The Betway Bet Club gives you £10 in bonus bets for every £25 that you bet on trebles and accumulators. This is perfect for Betway horse racing punters that like to place multiples. Make sure you opt in to the Club, then place trebles and accas (but not system bets like Canadians and Lucky 31s) with minimum combined odds of 2/1 (3.00) within a week to get 2x £5 bonus tokens. Betway corporate terms apply.

Betway Sports Betting

Betting Markets

As great as horse racing is, why limit yourself to just betting on that? The Betway sportsbook has a massive selection of odds and markets on a ton of other sports, celebrity and TV specials, virtual events and eSports. Like all leading bookmakers, Betway also have casino, Vegas, poker and bingo platforms where you can play card and other gambling games, plus lotteries to your heart’s content. There is so much more available here than is highlighted in Racebets reviews, but that operator is focused solely on horses.

Live Betting

Betting in-play on horse racing isn’t current possible on Betway, but that doesn’t mean you can’t bet live on other sports, including football, tennis, cricket, ice hockey, basketball, snooker and eSports. You can stream some horse racing online through them, but Betway coverage is not as extensive as other bookmakers in this regard.


Betway are one of many bookmakers that offer the best odds guaranteed when betting on UK and Irish horse racing on the day of the event. If, for example, you take a 7/2 price on a horse in a particular race and it has a bigger starting price (SP), say 5/1), then you will receive winnings paid out at the larger price if your selection is victorious. Terms and conditions apply and other offers may not be compatible with the best odds guaranteed.

Betting Margins

If you don’t know much about betting margins on popular sports like horse racing, then fear not. Horsebetting.com are here to help providing important information on this very subject in our handy table that is kept regularly up to date. With gambling all about the pursuit of profit, our easy to follow percentages show you what the sports with the biggest betting margins are.

Before you place your bets, it might be useful for you know what the betting margins on a particular sport are. Our simple table below breaks this down into percentages on both pre-event and in-play betting, so you get the full picture.

Betting Limits

Betway don’t generally believe in betting limits, so that leaves the onus on you to ensure responsible gambling. They do set a minimum limit of 5p you can stake, though, and there is also a maximum bet of £100,000. What you could win on their sportsbook on horse racing is limited to £250,000 for UK races, £100,000 for the Irish and £50,000 for events in other countries. When it comes to withdrawals, there is no upper limit but there is a minimum amount you can take out which is set at £10.


As well as taking bets on all major sporting events, they are prepared to back them by providing sponsorship for football and horse racing. On top of the Queen Mother Champion Chase, another Grade 1 race sponsored by Betway is the Aintree Bowl during the Grand National meeting in April. Having their brand associated with these events and with Premier League football club West Ham United have afforded Betway wider attention than just the gambling community. Unlike older bookies, you can only bet online or mobile with this firm as they among the leading bookmakers to emerge from the internet age.

This Betway horse racing review found an array of ante post and other pre-race markets, plus in-play betting to choose from. Best odds guaranteed comes as standard for all UK and Irish horse racing bets placed from 9am on the day of the race, but check for restrictions. The beauty of Betway horse racing is you can still place bets like each way bets besides win only. It scores so much higher than our Geoff Banks review or the 32Red review because of the genuine commitment made to the sport.

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Betway racing is just one element of a diverse sportsbook that contains a vast amount of betting on both actual and virtual events. Like the 888sport rating awarded, this online bookmaker scores highly. Whatever tickles your fancy, be it casino games, cards or slots, the brand’s other platforms cater for it. Customer service is available around the clock, while iOS and Android can download the App to streamline betting on mobile. No in-playing betting specific to horse racing and delayed streams are slight downsides, but overall there’s plenty to like.

One thing that really sets Betway apart on the horse racing front from its competitors is the Bet Club. This reward customer loyalty, alongside price boosts and best odds guaranteed, so this is one bookmaker to keep in with and another reason why they are ranked above the Betsafe rating issued.

For more betting provider comparisons, you can start by visiting our Jetbull safe guide and Betsafe sports review.

Do feel free to get in touch and let us know what your user experience of Betway was like. You can post your review below and help us to form Betway horse racing ratings that way!

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Betway Review FAQs

🎓Is Betway a legit site?

While not all online betting sites have state approval, Betway holds a license from the UK Gambling Commission to operate in the UK. Any sportsbook which has one of those has official approval and can be viewed as a fully legit place to put bets on. This is because they are regulated. Find out why Betway were voted best betting site for horse racing accumulators by Horsebetting.com readers in 2018.

⚖️ Which is better Betway or bet365?

There is very little difference between top end online bookmakers like Betway and bet365. Both firms have global profiles with many bettors using their sportsbooks around the world. By using a bookmaker comparison site like Horsebetting.com, you can see what both of these bookies scored in the detailed horse racing betting reviews conducted by industry experts.

📲 Is the Betway app safe?

Having a mobile betting app is something that all leading online bookies including Betway have, as these offer punters a streamlined gambling experience for when you are on the go. Apps use passwords and passcodes as standard safety measures which protect you when betting on wireless networks while you’re out and about. To find out how the Betway app fares, see which site has the best horse racing software according to Horsebetting.com. 

⌛ What is the Betway withdrawal time like?

An online bookmaker such as Betway will give its customers the choice of various deposit and withdrawal options. That boils down to debit card and eWallet services these days. While there isn’t much difference among the time it takes to make a deposit, taking money out of your account is a different matter. To find out more about Betway withdrawal times, make sure to read Horsebetting.com to see if it features among the best horse betting sites for cash out today.

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