Betway Horse Racing Betting: The complete review
Having only been around since 2006, Betway has quickly gone from being a relative outsider to an established member of the online betting world. Available only on the internet, Betway can now boast over 2 million members across the European continent. This Malta and Guernsey registered operator offers a wide selection of sports markets that can be accessed via your desktop, tablet and even mobile. This review will assess the horse racing betting offering, including its unique offers and promotions, in-play capabilities and live streams available, payment methods that can be used and those all-important odds levelsRead More
- Big Welcome Bonus
- Top Odds Prices
- Lots of Live Streams
- Licensed by:
- UKGC
- #39372
- Accepted Payment Methods:
- Visa
- MasterCard
- Skrill
- Skrill Tap
- Neteller
- PayPal
Betway Horse Racing Offers
When it comes to welcome offers, Betway has a particularly tasty one that caters specifically to those interested in horse racing. If you register and create an account you will be entitled to not only a 100% deposit bonus worth up to £50, but also money back as a free bet if the horse you are punting on finishes second in any live race on ITV.
In addition to this great welcome offer, Betway also provides many features to help you find the perfect horse for you to punt on. The most helpful of these is the HorseFinder sidebar, which allows you to find the best horses running on that day. With fifteen different filters on offer, as well as a review system provided by the highly respected Timeform, finding the best horse to spend your money on has never been easier. This is aided by Betway’s own blog, deploying the best horse racing analysts around to give their verdict on who you should back.
Betway Horse Racing Odds
When it comes to horse racing odds, Betway offers some of the best value available online, with an average odds level of 87.30%. However, with flat races ranging from 87 – 92.54% and national jumps ranging from 86 – 90.81%, it is better to bet on events such as the Cheltenham Gold Cup and the Epsom Derby than events such as the massively hyped Grand National.
| Flat Races | National Jumps | Average |
|---|---|---|
| 87.46 – 92.54% | 86.42 – 90.81% | 87.30% |
In addition to its great odds, this operator makes horse racing betting easy with its no-nonsense and simple to use platform. Nonetheless, compared to the wildly successful coral, Betway is still lagging a little behind.
Betway Live Horse Racing Streaming
One of the best things about betting on horses online is being able to watch the races live. Sadly, for Betway, while there are some live streams available, the availability of streams on offer cannot compare with the vast selection on sites such as Paddy Power.
Another factor against its live horse racing streams is the relatively high stakes needed in order to access these streams. Betway streaming is only available on a race by race basis when you stake either a £2 single bet or a £1 bet each way on the race you want to view. Additionally, as their help website states, the live video is subject to a time delay, and while this varies depending on different factors, this delay is usually somewhere between 2 and 5 seconds behind the race you are viewing. Therefore, for those who relish the idea of seeing a race unfold in real time, then this operator does not meet these demands.
The Betway Betting App
Betway’s app, on iOS and Android, is one of the cleaner mobile sportsbooks: uncluttered racecards, quick navigation between meetings and the same boosts and offers as the website. Live streaming is available on qualifying races, and the slip handles multiples and cash out without fuss.
Payment Methods
Like most successful betting operators, Betway have a large variety of payment methods you can use to deposit and withdraw your money. Deposits can be made via traditional methods such as Visa, MasterCard, Maestro as well as e-wallets such as Neteller, Skrill and PayPal. When choosing your payment method, please note that only deposits with debit cards, and Paypal, can be used when claiming your welcome offer. Additionally, you cannot withdraw money to either a MaestroCard or a MasterCard Debit card, which is something worth keeping in mind.
All deposits towards Betway are processed almost instantaneously, while deposits usually take an average of 2-3 days to be put into your account. One of the biggest benefits of this operator is that there are no maximum withdrawal limits at any given time, meaning you can take out as much money as you want. In addition to this, there are no fees required for any payment method. Nevertheless, it is worth remembering that, no matter who you deposit with, there is always a minimum deposit limit of £10 required before you can start placing your bets.
Responsible Gambling at Betway
As a UK Gambling Commission licensee, Betway is required to offer safer gambling tools, and the full set is available from your account settings. Deposit limits cap what you can pay in each day, week or month; time-outs give you a short break from 24 hours up to six weeks; reality checks show how long you have been playing; and your complete transaction history is always available. If you need a longer break, self-exclusion is built in, and GamStop lets you block every UK licensed operator in one step, free of charge.
If you feel your betting is becoming a problem, free and confidential help is available from GambleAware and GamCare, which runs the National Gambling Helpline on 0808 8020 133. You must be 18 or over to bet in the UK. Please gamble responsibly. GambleAware.org 18+
For the Expert Bettor
Due to its HorseFinder innovation, and the decent value odds on offer, our review found that Betway is a great option for more discerning bettors looking to find value in perhaps underrated horses. In combination with its awesome welcome offer, expert punters will see it as a great opportunity to get ahead and win big on the races. Nevertheless, where they let you down is with regards to the live streaming capabilities, meaning that a) there are very few races to stream and b) those that are available require a minimum deposit of £2 in order to start watching, which is one of the minimum entry prices across online betting. Despite this, we would still recommend Betway as a site to bet on horse racing, as its easy-to-navigate and aesthetically pleasing platform, in addition to its enticing offers and reasonable odds, gives the bettor both an enjoyable experience and a serious opportunity to find some of the best returns on his investments. Our daily horse racing tips can help point you towards them.