Last Updated on Tuesday, 07th Jul 2020
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Betway Review 2020 & UK Horse Racing Rating

Comprehensive Betway Horse Betting Review

Betway have made a rapid rise in the sports betting industry since being founded in 2006 and racing has played its part. As sponsors of the Queen Mother Champion Chase at the Cheltenham Festival, Betway horse racing enjoys a significant role in this particular sport. To have come so far in so short a time is testament to this brand and their popular sportsbook. Read all about it in our Betway review below.

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. 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 aims to resolve any queries you might have about opening an account and betting with them. With payment options aplenty for both depositing and taking out funds, plus customer service you can count on, getting a bet on your favourite sports is simple. Wondering is it safe to bet with Betway or how to withdraw money from Betway? We’ve got the answers below! There’s an array of ante post and other pre-race markets, plus in-play betting to choose from. The beauty of Betway horse racing is you can still place bets like each way bets besides win only. 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. Unlike other Betway racing reviews, we’ll also take you through the sign up an depositing process too, plus how to place that all important first bet.

Know Your Bookmaker

Our Betway racing review continues with more details about how you can back horses with this bookie. Their Lead at the Last offer sees horses you’ve backed at selected race meetings every day pay out as winners up to £100 if they are in front over the final flight or fence and go on to lose the race. Be sure to check those Betway corporate terms though. More information relating to the new customer bonus and that matched bet up to £30 follow below and we also want your help with Betway horse racing ratings later on.

Betway Welcome Bonus

Now, this Betway new customer offer is a 100% match bonus up to £30 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 £30). Single bets must be at odds of 3/4 (1.75) or greater and each way bets 2/5 (1.4) or greater. 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. Don’t forget the Betway Free Bet Club too!

Horse racing punters will also want to take advantage of the Lead at the Last offer. A selected British or Irish National Hunt race meeting every day is covered here. If your horse is in front jumping the final flight of hurdles or fence and goes on to lose, then Betway pay out as though it were a winner up to £100. Place a minimum of £5 (or £2.50 each way) up to £20 on a horse in a race at the selected meeting at odds of 1/2 and higher to qualify. National Hunt Flat races, also known as bumpers, do not qualify.

We’re guiding you every step of the way, which is something other Betway horse racing reviews might not do. It’s no trouble for us as we break the process down into signing up, then making your first deposit and finally getting a racing bet on. That way you can see is Betway legit and also be sure you’re doing things right. Having that confidence all is well gives you peace of mind when betting.

Betway Mobile App

As they’re a digital age bookie, it’s hardly surprising to learn Betway have a betting App you can download for your Android and iOS mobile devices for free. Just visit the App store and download straight to your smartphone or tablet. There’s also their mobile site which closely reflects the desktop equivalent and is designed for those finger-tapping moments when you want a mobile bet. You can take your betting with you thanks to Betway.

How To Open Your Account

Step 1: Click the green ‘Register’ button at the top of Betway’s sportsbook home page, then start to create your account by setting a username and password.

Step 2: Continue registration by entering personal details and your preferred currency.

Step 3: Click the tick box confirming you are over 18 and to accept the Betway corporate terms and conditions, before clicking ‘Register’ again at the bottom.

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 match bonus bet goes up to a maximum of £30 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.

Licensing

Betway has obtained its licenses from the Gibraltar Gambling Commissioner and the UK Gambling Commission. 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 states which helps it to operate in 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.

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.

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.

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.

Odds

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.

Conclusion

Betway racing is just one element of a diverse sportsbook that contains a vast amount of betting on both actual and virtual events. 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. 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 Lead at the Last offer. To pay out losing horses who were in front jumping the last obstacle is a unique take on the sport instead of fallers insurance. The black, green and white colour scheme suits this modern company and its clientele. Price boosts and best odds guaranteed also reward customer loyalty, so this is one bookmaker to keep in with.

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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