Betway

Modern betting platform
Dedicated loyalty program
You need to be of legal gambling age. Play Safe.
Sports Betting Editor authorBadge
| Fact checked by Trifon Boyukliyski

Pros

  • Great sports selection, including an expansive live betting section
  • Broad range of casino, live casino, and Vegas-style games
  • Special sports bonuses every day of the week
  • Wide variety of approved payment processors
  • Solid customer support
  • Mobile apps for iOS and Android

Cons

  • One of the sports betting welcome bonuses is tied to a losing initial bet
  • You must be logged in to see additional promotional packages
  • Betway offers an all-round online gambling experience by incorporating sports betting, casino, and live casino opportunities at competitive odds and wagering requirements.
  • Users can cash out their bets before the game is over to limit potential losses relating to unfavorable outcomes.
  • There are literally thousands of betting markets to choose from, especially when you consider Betway’s versatile sports library.
  • Betway works with the most popular payment service providers in Canada and offers a substantial number of withdrawal options.

Betway is an international sportsbook and casino operator that has been providing online gambling services wherever online gambling is legal or, at least, not banned by law. To carry out its operations across Canada, Betway relies on a couple of very important licensing agreements, namely:

  • A license by the Alcohol and Gaming Commission of Ontario (AGCO) issued to Cadway Limited – valid for Ontario only
  • A license by the Malta Gaming Authority (MGA) issued to Betway Limited – valid for the rest of Canada

Registered in the Channel Island of Alderney, Cadway Limited is responsible for managing Betway’s operations in Ontario. In addition to its iGaming Ontario license, Cadway also holds a license by the Alderney Gaming Control Commission. Betway Limited, on the other hand, manages Betway’s market presence overseas thanks to a license issued by the Malta Gaming Authority (MGA). The latter provides sufficient room for seamless business operations in the rest of Canada.

Why Betway?

  • Intuitive interface
  • Consistently popular worldwide
  • Multi-faceted betting options

Betway partnerships

  • Tottenham Hotspur
  • West Ham United
  • Arsenal F.C.

Betway Canada’s portfolio covers a large selection of sports and esports categories, on the one hand, and countless online and live casino games, on the other. If you have a passion for traditional slot machines, you’ll be thrilled to dive into Betway’s Vegas section solely dedicated to slots designed with the Las Vegas tradition in mind.

Betway Quick Facts

4.8/5
Ontario Launch Date April 18, 2022
Mobile App iOS and Android apps
Sportsbook Yes
Live Betting Yes
Live Streaming Platform Yes
Welcome Sportsbook Bonus Bet Token up to C$200
Online Casino & Live Casino Platform Yes
Multi-Payment Support Yes
Pending Withdrawal Period Up to 72 hours
Approved Betting Service Providers Microgaming, Playtech, NetEnt

Are you an avid sports fan who knows your favorite team inside out? Also, do you keep track of every game, every player’s achievement, and any relevant statistical data? If so, then you must have toyed with the idea of placing a bet on your favorite team to win its next match. We think so, because such a thought usually crosses pretty much every sports fan’s mind sooner or later.

Once in, chances are it may either die away or put down roots and start nagging you to dip your toes into the waters of sports betting. Should you go for the latter, you’d want to deal with reputable bookmakers with excellent track records among most sports betting communities in Canada.

At least, we’d want that if we were at your place. Since we share your enthusiasm for sports betting, we set out to do a background check on the most popular Canadian bookmakers and pinpoint the details you need to know in advance.

Today, we’ve focused our attention on Betway Canada and Betway Ontario – a sportsbook operator with a global appeal offering an impressive range of sports categories, betting markets, and bonus programs. Betway also hosts hundreds of casino games to enhance your gaming experience whenever you wish to break out of sports betting for a second or two.

Betway Overview

4.8/5
Company Started 2006
Address 9, Empire Stadium Street, Gzira, GZR 1300, Malta (Betway Limited) La Corvee House, La Corvee, Alderney, GY9 3TQ (Cadway Limited)
Phone +356 2149 0426 (Betway Limited)
Email
License iGaming Ontario (AGCO), Malta Gaming Authority (MGA), Alderney Gambling Control Commission (AGCC)
Live Streaming Yes
Live Bets Yes
Casino Yes
Poker Yes
Mobile Android app only
betway

Betway sports betting

4.7/5

Betway Canada’s catalogue features 25 different sports, some of which also available for in-play betting. Here’s a list of all sports type Betway keeps track of:

  • Football Tennis
  • Basketball
  • Hockey
  • Baseball
  • Formula 1
  • Boxing
  • Cycling
  • Darts
  • Floorball
  • Futsal
  • Gaelic Sports
  • American Football
  • Golf
  • UFC / Martial Arts
  • Aussie Rules
  • Baseball
  • Greyhounds
  • Rugby League
  • Rugby Union
  • Snooker
  • Volleyball
  • Motor Sport
  • Cricket
  • Table Tennis

Each sports category covers dozens (sometimes even hundreds) of sports leagues from various countries across the globe. For example, Betway Canada/Ontario tracks sixteen soccer leagues and competitions in England alone, such as the Premier League, FA Cup, and Championship, to name a few.  Tennis, on the other hand, features 11 big tournaments, including the 4 Grand Slams. The basketball section encompasses twenty different national markets, plus a couple of international competitions, as well. The list goes on and on.

Overall, you have thousands of games to place money line bets on. However, we all know sports betting stretches well beyond the game’s outcome because each game comes with a lot of supplementary betting markets, including but not limited to total goals/points scored, first/second/neither team to score, total corners/homeruns, double chance, yellow and red cards, various player props, etc. When you consider all those markets, the resulting variety of betting opportunities may reach unfathomable proportions.

The same goes for in-play games. Roughly 4 out of each 10 sports types supported in Betway Canada and Betway Ontario have found a place in the live betting section. As a result, you can place your bets midway through the game on a large number of sports events, as long as those events belong to the following categories:

  • Football
  • Baseball
  • Tennis
  • Cycling
  • Cricket
  • Snooker
  • Table tennis
  • Volleyball
  • Basketball
  • Esports

Pre-game betting is based on how you expect a game to develop. Live betting, on the other hand, allows you to place your bets based on how the game is unfolding in real-time. The in-play betting markets are more volatile because every goal, corner, homerun, or other circumstance brings in immediate changes to the betting options.

Nevertheless, it pays off most of the time because placing a bet later in the game can help you eliminate the number of losing bets you might have placed pre-game. So, if you made a pre-game bet of only one team scoring in the first half of a football game and the half-time result ended up being a 1-1 draw, you’d know you have lost your bet way before the game has even ended. Postponing your bet till halftime may help eliminate such scenarios.

Betting Markets at Betway Canada

4.8/5

Betway offers a dazzling variety of pre-game and in-play betting markets contingent upon the sports category. If we take football/soccer for example and click on a random upcoming match (Luton – Tottenham Hotspur scheduled for Oct. 7 at 14:30)), we can see a slew of betting options such as:

  • Outcome (Win/Draw/Win)
  • Total goals (Over/Under)
  • Double chance
  • First half score
  • Correct score
  • Both teams to score
  • Handicaps
  • Half-time/full-time

In addition, you can also bet on the first goal scorer, multiple goal scorers, number of corners and or goals in the first/second half, and first goal intervals.

What we’ve got for an upcoming NBA game (LA Lakers – Denver Nuggets due Oct. 25 at 2:30) is a mix of money line, point spreads, totals (Over/Under), alternative spreads and totals, total points range, winning margin bets, and various combinations in between. You can bet on the same markets for each of the four quarters and each of the two halves. However, we could see no player props for this sports category.

A quick glance at the upcoming Daniel Altmaier – Yoshihito Nishioka tennis match scheduled for Oct. 4 at 5:00 in Shanghai reveals dozens of betting markets – match winner, set winners, set and match handicap winners, total games per set and match (Over/Under), total games number (even or odd), etc.

As you can see, Betway offers a different selection of betting markets depending on the sport you are interested in. The remaining sports categories on Betway offer just as many and versatile betting markets, both pre-game and in-play. If you are a newbie and need help to get started, there’s an informative Betway Insider Blog containing useful tips in this regard.

Betting odds

4.7/5

Getting to know the odds can be an intimidating task the first time you open a sportsbook betting sheet. Of course, it gets much easier once you get to know them. Most online sports betting sites lets you choose among Decimal, Fractional, and American odds formats, and Betway makes no exception.

The decimal odds format is the default one and you don’t need to change it unless you prefer fractions or American odds. A decimal odd number of, say, 4.00 for a home win in a football game, stipulates that you’d earn four times as much as you’ve bet if you guess right. A C$100 winning bet on a match with 4.00 Home Win odds would add a total of C$400 to your account.

That same odd would show up as 3/1 as a fraction (meaning you’d win C$3 on top of every C$1 bet) and +300 as American odds (meaning you’d earn C$300 on top of every C$100 bet you make). Such positive bets refer to the game’s underdog, i.e., the weaker team that is, according to bookmakers, more likely to lose the game based on current statistics.

A negative bet of, say, – 225, is typically tied to the favorite in such a game, i.e., the stronger team that is expected to win the game. If you bet on the underdog, you’d need to wager C$100 to get a C$300 potential reward. By contrast, if you bet on the favorite, you’d need to wager C$225 to earn an additional C$100 potential reward. The greater the risk, the higher the benefits.

betway-odds

Bet slip

4.8/5

The Bet Slip is the place where you place all your bets. It usually takes center stage on any sports betting platform. The Bet Slip is one click away on the top right corner of the site, just a tad below your login credentials. The Betway Bet Slip shows every bet you make, regardless of the betting market. Bets made on multiple markets on the same game (such as moneyline and total goals, for example), show up as single bets on the Bet Slip. Multiple bets, such as doubles, trebles, four-folds, etc.) occur when you wager on the outcome of at least two different games.

To wager on a sports event, find its sports category and click on the event itself to open the betting markets available for the event. To select a betting market, such as First team to score, click on the odds for the team you expect to score first and your bet will show up on your Bet Slip. Finally, fill in the “Stake” button with the amount you wish to wager to see your potential winnings. Follow the same procedure to add more markets and games. Placing multiple bets, i.e., placing a Win/Draw/Win bet on two or more sports games turns your single bets into a multiple bet. If successful, such bets bring an exponential increase in your winnings.

Note! Betting odds are subject to constant changes during in-play betting. So, if you want to bet on a game in progress, you will be getting notifications from the Bet Slip about any current odds and line changes. These alerts are switched on by default and you must approve (or dismiss) them one by one. To avoid this, tick the box beside “Accept all odds and line changes”. To save you bet selections, tick the box beside “Keep selections in Bet Slip”, as well.

betway-bet-slip

Live Betting at Betway

4.8/5

Like any other reputable sportsbooks, Betway has a built-in live betting section which allows you to place your wager after the game or match has already started. Called In-Play, this section includes almost half of all the sports categories in Betway Canada’s library, as well as all esports events. Thanks to in-play betting, you can place your bet after your team has:

  • scored a goal
  • hit a homerun
  • lost a key player to an injury
  • performed any other game-changing action which weighed the odds in their favor

Such situations inevitably bring about changes in the current market odds tied to the game in question, and you could take advantage of them after knowing what has already happened in the game so far.

Live betting typically includes most of the betting markets available when placing pre-game wagers. After all, you can’t have a 15-minute first goal score interval if it has already happened by the time you decide to place your live bet. Luckily, there are so many betting markets to choose from nonetheless, especially when you consider that Betway Canada (and its Betway Ontario sibling) offer numerous live-betting sports altogether.

betway-live-casino

Esports

4.8/5

Electronic sports, or Esports, is a relatively new addition to online sports betting sites. Yet, its popularity is on the rise and shows no signs of slowing down, as are computer-based video game competitions across the globe.

Top championships based on popular video games such as DOTA 2, League of Legends, and CS:GO are gradually filling up an ever growing annual esports calendar, much to the delight of gaming and betting maniacs alike.

Betway’s progressive and forward-looking development policy has turned Esports into a permanent fixture in its portfolio since 2015 when the Netway eSports portal was first launched. Needless to say, you can find it in Canada and Ontario, as well. At present, Betway offers more than a dozen Esports markets based on games that have stood the test of time such as:

  • CS:GO and the new CS2
  • Call of Duty
  • DOTA 2
  • Mobile Legends
  • WarCraft III
  • Rocket League
  • CrossFire
  • Valorant
  • Starcraft BroodWar
  • Starcraft 2
  • Halo
  • Rainbow Six

Esports games at Betway Canada and Betway Ontario are subject to pre-game and in-play betting, which gives you plenty of betting market opportunities for those of you with a fertile imagination and whimsical sense of adventure.

betway-esports

Virtual Sports

4.8/5

Virtual sports are short-lived, computer-simulated matches, races, and competitions that typically last for a couple of minutes at the most. While their origin dates to fantasy sports, virtual sports are inspired by real sports events, which is why most of them resemble real games when you look at their impressive graphics. Betway Canada and Betway Ontario currently offer seven virtual sports categories, namely:

  • Motor racing
  • Football/soccer
  • Greyhounds
  • Trotting
  • Horse racing
  • Speedway
  • Cycling

Most games and matches last for 30 seconds to 1 minute, with a theoretical average return to player of 75%. You are entitled to a maximum payout of C$250 thousand per person for all virtual markets.

Virtual sports are closer to casino games than traditional and electronic sports because you cannot lean on any historical statistics to make an educated guess about the potential winner(s). In essence, betting on a virtual sports game is, more or less, a shot in the dark and a game of chance because the game is programmed to end with a certain outcome anyway.

Note! Betway Canada and Betway Ontario also have an eSoccer and eBasketball markets. eSoccer is traditional soccer enveloped in a video game (FIFA anyone?), while eBasketball replicates real basketball but features tech-savvy computer users rather than professional sportsmen on the court.

You don’t need to know how to play basketball, but you must be proficient in joystick games. If you are into eSoccer and eBasketball, look them up in Betway’s Football (Soccer in Ontario) and Basketball sports categories, respectively.

Betway Canada Betting Features

4.7/5

Now that you know the betting markets available on Betway Canada and Betway Ontario, let’s look at a couple of features which can enhance your overall betting experience. Such features are Betway Canada’s:

  • Bet Builder
  • Live Streaming Platform
  • Cash Out and Partial Cash Out
  • Betway Insider (w/ Online Bet Calculator, Tips, Picks, and Predictions)
  • Sports-specific Betting Rules

Betway’s Bet Builder is a recently introduced tool designed to gather all betting markets for a certain sports game under one roof, except for a few player proposition bets accessible from the “Players” and “Goalscorers” tabs. To access Betway’s Bet Builder tool, click on the game you wish to place a bet on, then press the “Bet Builder” tab next to the “Main Markets” tab.

If you select a football game, chances are that the Bet Builder will present you with more than 100 betting markets applicable to this game alone. However, you won’t find ALL the game-related markets here – pre-built bets, player shots on target, goal score intervals, etc. – will only be accessible through their corresponding tabs next to Bet Bilder.

Betway Live Video allows account holders to stream select sports events and is especially useful to in-play bettors. Some events, such as sports races, may require placing a bet beforehand to unlock live streaming.

Betway’s Cash Out and Partial Cash Out feature gives you the opportunity to cash out your single, multiple, or system bets before the games related thereto are over. The cash out amount is based on the current cash out value of your bet. You can either cash it out completely or take out a part of it, leaving the rest of your stake intact until your bet is settled. If used right, this feature can help you limit your potential losses in the event of an unfavorable outcome.

You can repeat this exercise more than once over the course of the game, but you may have to endure temporary suspensions which often occur following a goal or other game-changing events. The Cash Out and Partial Cash Out feature can be exercised on any game on “My Bets” that has the Cash Out icon next to it.

The Betway Insider is Betway’s blog section aimed to provide useful information to square and sharp bettors alike. Featuring an online bet calculator, the blog is full of sports betting tips, analyses, and predictions, tacking every sport of its sportsbook portfolio. Betway Insider is a real treasure trove and is sure to up your successful betting game.

When browsing through Betway’s sportsbook portfolio, we were delighted to find specific details regarding the betting rules under each sports category. A nice touch from an intuitive standpoint as it saves you a great deal of toing and froing across the website.

Betway Casino

4.8/5

Sports betting and online gambling often go hand in hand, which is why Betway Canada offers a vast selection of 400+ online and 100+ live casino games. Both categories feature roulette, blackjack, baccarat, poker, and slots games to cater for every customer.

Some of those games also have a live dealer spinning the roulette wheels and dealing the cards right in front of your eyes. It still isn’t the same as being in a physical casino, but it’s as close to the real experience as it can get.

You can also find some of Betway Canada’s casino games in a dedicated Vegas section containing all the slot games whose design resembles the one you’d find in classic slot machines across all casinos based in Nevada. However, the “Vegas” tab is not available on Betway’s local Ontario site, which is one of the few minor differences between Betway Canada and Betway Ontario.

Anyway, both Canadian Betway outlets offer top-quality games developed by Microgaming, NetEnt, and the likes, and you know they are not the sort of businesses that tend to leave things to chance, don’t you?

betway-casino

Bonuses & Promotions at Betway

4.7/5

The key purpose of any sportsbook and casino operator has always been one and the same – to constantly attract new clients and keep them in the long term. As expected, Betway Canada/Ontario follows suit offering ample bonus options for both sports bettors and casino players. Let’s take a quick look at Betway’s current offers for its Canadian and Ontarian customers:

Betway Branch Betway Welcome Bonus
Sportsbook Casino Live Casino
Betway Ontario Up to C$200 Bet Token on a losing bet 100% Match Bonus of up to C$250 (x3) 100% Match Bonus of up to C$250 (x3)
Betway Canada Up to C$200 Bet Token on a losing bet 100% Match Bonus of up to C$250 (x3) 100% Match Bonus of up to C$250 (x3)
Subsequent Promotions
Betway Ontario Odds Boosts, Home Run Specials, First Touchdown Wins Deal of the Day, Special Torunaments, Free Spins, Match Bonuses, Free Credits Deal of the Day, Special Torunaments, Free Spins, Match Bonuses, Free Credits
Betway Canada Odds Boosts, Home Run Specials, First Touchdown Wins Deal of the Day, Special Tournaments, Free Spins, Match Bonuses, Free Credits, Flexi Bonus Deal of the Day, Special Tournaments, Free Spins, Match Bonuses, Free Credits, Flexi Bonus

In addition, Betway Canada offers a Special Vegas welcome bonus of up to C$200 in free spins.

Payment Methods

4.7/5

Betway supports a wide range of payment processing solutions, ranging from credit cards to prepaid vouchers and e-wallets. Ensuring maximum coverage in this regard is essential to keeping a large fan and customer base. Betway’s current roster of approved payment processors includes:

  • VISA
  • MasterCard
  • Credit cards
  • Interac e-Transfer
  • Neosurf vouchers
  • Paysafecard vouchers
  • MuchBetter digital wallets
  • Payz (formerly known as ecoPayz)
  • ecoVouchers
  • Flexepin vouchers
  • iDebit payments
  • InstaDebit payments

As you see, there are a lot of payment options to choose from, especially in Canada. However, not necessarily all of them support both deposits and withdrawals. Nevertheless, if the processor of your choice only supports deposits, Betway would use an alternative payment method that works for you when you cash out.

As usual, payout times vary by provider. Traditional payment outlets such as VISA, MasterCard or Wire Transfers may take a few days, while e-wallets and most of the modern web-based processors could be able to speed things up considerably. What they would not be able to optimize, however, is Betway’s pending withdrawal period that can last up to 72 hours and may vary from one weekend to the next.

How to deposit funds at Betway

4.8/5

Depositing funds is a prerequisite to placing a bet on Betway Canada or Betway Ontario. You can only deposit funds after you’ve set up a Betway account and after you’ve provided the required evidence to prove your identity, age, and residence (within or outside Ontario, in your case). You’ve also got the option to set your daily, weekly and monthly deposit limits during the registration process, although that’s something you could do later on.

Once you’ve logged in, your profile icon will show up on the top right corner of your screen. Open your profile and click on the “Deposit” tab to see a list of supported payment methods. The list should contain the following entries:

  • Interac e-Transfer
  • Paysafecard
  • InstaDebit
  • iDebit
  • Debit Card
  • Visa/Master Cards
  • Neosurf
  • Electronic Check
  • Payz

If you want to use a credit or debit card to deposit funds into your Betway account, open the “Deposit” tab, select the card type (VISA/MasterCard, etc.), enter the desired deposit amount and fill out your card details to add it to your profile.

Alternatively, click on the “Bank” tab located to the left of your Profile icon, and follow the prompts to place your deposit that way.

Deposit and withdrawal methods

4.8/5

The withdrawal methods Betway Canada utilizes are almost identical to the deposit ones mentioned above, with the notable exception of MasterCard due to region-specific restrictions concerning withdrawal procedures. You can use a MasterCard to deposit funds, though. Processing times vary by method and usually take:

  • 2 to 24 hours – for web wallets
  • 1 to 3 business days – for debit and credit cards
  • 1 to 3 business days – for bank transfers

Mind you, these processing times start after Betway’s pending withdrawal period has ended.

Betway mobile app

4.8/5

Unlike some of its rivals who still struggle to take their platforms to Android and iOS devices, Betway Canada has already gone fully mobile and excelled at that. Whether you’ve got an Android phone or prefer Apple’s mobile beasts, Betway has got you covered.

We’ve checked out both apps and they left a lasting impression on us in terms of their well-designed UI, built-in features, and fast loading time. If you only use Betway’s mobile apps in your gambling adventure, you are unlikely to miss out on pretty much anything comparted to the web-based platform.

Betway 1

Security and Regulation at Betway

4.8/5

If you safely use Betway Canada or Betway Ontario thanks to the safety precautions the operator has taken. Both websites have a valid SSL certificate, and both platforms undergo regular checks by independent labs such as eCogra and IBIA. What is more, Betway’s collaboration with reputable and trusted payment service providers adds yet another layer of security to your financial transactions.

Customer Support

4.8/5

Even though Betway has created an intuitive interface for its platform, there’s a lot to digest, especially if you are a newbie. That’s where customer service comes into play. Betway offers live-chat, email, and phone support whenever you need assistance.

A rich library of useful queries and video tutorials is also available. It is so detailed that you are likely to find what you are looking for before even contacting a support agent. Nevertheless, if you do want to speak to a Betway representative, you can always approach one, provided that you have logged into your account beforehand.

FAQ

Yes, Betway is licenced to operate in Ontario by the AGCO and in the rest of Canada by the MGA.
Yes, you get up a Bet Token worth up to C$200 for a losing initial bet, as well as three 100% Match Bonus deposits of up to C$250 each for Betway’s Casino and Live Casino sections, respectively.
To use Betway for the first time, you must register an account and provide valid documents to prove your identity and residence.
You bets are settled as soon as the game you’ve betted on is over. If you’ve guessed right, you win. Otherwise, the bet is lost.
Betway may decline cash out settlement if the cash out amount has been wrongly calculated, or on suspicions it has been requested after the end of the game.

Conclusion

4.8/5

Betway Canada and Betway Ontario are highly-reputable platforms providing a safe online gambling experience to prospective and returning customers alike. They have passed our meticulous checks with flying colors and maintain high security standards.

Betway’s collaborations with leading software developers and payment service providers have built a foundation strong enough to keep the operator on a path to sustainable growth.

This review was last updated on

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    Stefan Tonev Author
    Graduated from Language High School in Plovdiv, and in 2022 graduated as a Bachelor of Philosophy at Sofia University "St. Kl...
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