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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

Top Recomended Bookmaker
Up to £30* In Free Bets
Operator Rating:
  • Races: 4/5
  • Bonuses: 4/5
  • Mobile App: 4.5/5
  • Extras: 4/5
Overall Score: 4.12/5
Why Betway?
  • Big Welcome Bonus
  • Top Odds Prices
  • Lots of Live Streams
Extra Features: Form guides, results centre, horse racing blog
Full T&Cs apply. *New UK and Ireland Customers Only. Min Deposit: £/€10. First Deposit matched up to £/€30. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card & PayPal deposits only.
Last Updated on 25 Jun 2020 by Chief Editor Francis Fraser
  • 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.

Mobile Betting

Betway Horse Racing Mobile AppBetway Horse Racing Mobile App
  • Daily promotions:Yes
  • Live streams:Yes
  • Quickbet feature:Yes
  • Live customer chat:Yes
  • Bet on Mobile!

If you are fond of betting on the go, then Betway has a great mobile app that allows you to bet in-play, view detailed stats and keep up to date with all sporting developments while you are out and about doing other things. Nonetheless, unlike some of its competitors, they doesn’t offer any mobile specific promotions for horse racing, although its welcome offer can be easily played through on the mobile app itself.

The mobile app can be downloaded for either Android or iOS. iOS users will need version 8 or higher to be compatible, and Android users must download the app directly from the site, as Google does not host any betting sites on its store. All downloads of this app are completely free.

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.

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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.

Safety, Security & General Operator Info

You will be pleased to know that Betway are highly committed to the safety and security of its customers. It employs hundreds of people and is accredited by the highly respected eCOGRA (eCommerce Online Gaming Regulation and Assurance). In addition to this, any disputes between you and the operator can be solved by the IBAS (Independent Betting Adjudication Service) who make sure that every punter has the necessary legal protections.

Operator Information
Company: Betway Group
Rapidssl Security LogoProtected by RapidSSL e-Cogra logoeCogra means sports betting integrity
Founded: 2006
Headquarters: Malta
License: 000-039372-R-319367-003
Phone: 0808 238 9841
Email: [email protected]
Live Chat: Yes

If anything ever goes wrong with your betting account, Betway has a variety of ways for you to get in contact with them. There is a 24/7 live chat service, which provides speedy resolution to most minor problems, and you can also call them up by phone or send them an email. This dedication to customer service is one of this operator’s strongest points, meaning that there is help on hand no matter the time of day.

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.