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Betway Ontario sportsbook review 2023

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This review of Betway is specifically for bettors in Ontario. To learn more about using Betway outside of Ontario, check out our in-depth review.

Betway: Our verdict

Whether you’re a casual or experienced bettor, Betway offers plenty of fun features. Their variety and quantity of markets are among the best in the business, and their sportsbook interface is simultaneously attractive and easy to navigate.

While bettors with a preference for live betting may be frustrated by the sporadic cash out options, Betway ticks every box for an in-depth yet enjoyably straightforward sportsbook. Read on to find about more about why BET.CA recommends you sign up with Betway.

Betway pros and cons

Pros

✅ Expansive choice of lines, both pre-game and in-play

✅ Enhanced odds for selected events and markets

✅ User-friendly on both desktop and mobile

✅ Ability to customize interface with your favourite sports teams

Cons

❌ Live betting hindered by limited cash out options and stats

❌ In-play odds can be slow to update

❌ No 24/7 customer support

How to sign up to Betway in Ontario

Signing up to Betway is simple and straightforward and the sign-up process is clearly signposted. Make sure to have the relevant documentation to hand to verify your age and identity, as well as a recent bill and credit card or bank statement. Depositing funds is equally simple, though money transfer services may take longer to clear than the more commonly used card deposit methods.

Betway deposit and withdrawal methods in Ontario

Betway payout speed

Betway aims to settle all bets within an hour of the event finishing. You can withdraw from your account as soon as you receive the payout for a winning bet, so long as you have the minimum amount required for your desired method. At present, Betway does not offer cryptocurrency options for deposits and withdrawals.

Betway deposit methods

There are plenty of options for depositing to your Betway account in Ontario:

Option

Minimum deposit

Maximum deposit

Process time

eCheck

$200

$100,000

2-10 business days

ecoPayz

$10

$30,000

Instant

iDebit

$20

$5,000

Instant

Instadebit

$20

$10,000

Instant

Interac

$10

$10,000

Instant

Mastercard / Visa

$10

$50,000

Instant

Neosurf

$10

$500

Instant

paysafecard

$10

$100

Instant

Betway withdrawal methods

There are four options for withdrawing from your Betway account in Ontario:

Option

Minimum withdrawal

Maximum withdrawal

Process time

Interac

$10

N/A

24 hours

iDebit

$20

N/A

24-48 hours

Mastercard / Visa

$5

N/A

1-2 business days

paysafecard

$20

N/A

24-48 hours

Betway market coverage and betting options in Ontario

Does Betway have good odds?

Betway’s competitive odds include strong ranges for both markets and sports. They offer odds on over 40 sports, including those popular in Canada such as hockey, baseball, basketball, and football. Betway also helpfully allows you to view odds in either an American, decimal, or fractional format.

Betway’s odds are relatively slow to update compared to other sportsbooks, which makes timing your bet an even more crucial and potentially frustrating consideration. Payouts on winning bets at Betway are not taxed and betting limits vary between different sports.

Does Betway offer live betting?

Betway has live betting options on nearly every sporting event they offer, including for popular leagues such as the NFL, NHL, MLB, NBA, and EPL, as well as sports like tennis, golf, and rugby. However, their live betting interface offers only very basic stats and betting tips for selected soccer and NBA markets.

Betway does offer bettors a cash out option, but the range of events and markets available to bettors is somewhat limited. The feature is also very slow to react and generally gets suspended during games more often than it’s available to use.

Betway app review

The Betway app is free to download on both iOS and Android and offers a very good experience on both platforms.

The app is easy to use and has the same functionality as the desktop sportsbook, with straightforward access to deposits and withdrawals, account information, pre-game markets, in-play betting, and live streaming on selected events.

On top of that, it also allows you to personalize your experience based on your odds preferences and favorite teams and leagues, making it even quicker to access the markets you want.

Reviews of the Betway app from bettors in Ontario in November 2022 include:

  • "I’ve been using this app for a good 2 years now and haven’t had any problems with it whatsoever."

  • "Customer service is very helpful also with whatever problems you may come across."

  • "All in all, if you want a trusted betting app for sports and gambling, this is the one!"

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Betway's reputation

Betway have been serving customers worldwide for over 15 years, during which time they have earned a reputation for being an easy-to-use sportsbook that prides itself on their variety of sports and markets available. It is estimated that they are used by approximately 10 million bettors monthly, with Canada being among their top five largest customer bases in 2021.

Betway is also certified by the Malta Gaming Authority and the UK Gambling Commission, holding two of the world’s most reputable gambling licenses. The sportsbook is widely expected to become regulated in Canada in 2022.

How safe is Betway in Ontario?

Betway is safe to use, and its certification by the Malta Gaming Authority and UK Gambling Commission means it is available to Canadian bettors as an offshore sportsbook. They are accredited by IBAS and eCOGRA and use stringent measures to both protect user data and information, while ensuring that customers signing up with them are legally allowed to do so.

They also have a range of Responsible Gaming tools in place to provide an enjoyable yet safe betting experience, including deposit limits, self-exclusion measures, time-outs, and activity trackers all designed to help you stay in control of your betting.

Betway key information

📅 Year founded:

2006

🍁 Licensed in Canada:

License applied for in Ontario from April 2022

Available in Canada:

Yes

🎫 Licenses:

Malta Gaming Authority, UK Gambling Commission, IBAS, eCOGRA

🌎 Operating regions:

All major regions in selected countries as specified in their T&Cs

💸 Average payout speed:

Within 1 hour

🕜 24/7 support:

No, although the customer support team can be contacted from 6am-midnight daily via live chat

💬 Languages:

15, including English and French

🏈 Number of sports offered:

40+, including baseball, basketball, football, hockey, soccer, tennis, MMA, golf, horse racing, and boxing

🔢 Number of markets:

Dozens for games and events in major sports leagues, including NFL, NBA, MLB, NHL, and EPL

📺 Live betting:

Yes

💰 Cash out offered:

Yes, although comparatively not as widely compared to other sportsbooks

📱 App:

Android, iOS

🤩 Additional products:

Casino, esports, Live Casino, Poker, Slots

Is Betway regulated in Ontario?

Betway is currently licensed and regulated by reputable bodies including the UK Gambling Commission and Malta Gaming Authority. The brand is also among the first group of sportsbook operators to apply for a license to be regulated in Ontario from April 2022, as part of their move to join the Canadian sports betting market.

Betway support

Betway has a reliable customer support team who can be contacted daily between 6am and midnight via live chat. They are generally efficient at responding to queries and solving issues at hand. Their live chat function is only available in English, but Betway do offer customer help emails and telephone lines for selected other languages, including French.

If you would prefer not to speak to someone, both the desktop site and app includes a Help function, which has detailed answers to FAQs and other queries. Betway also has step-by-step guides available for important processes, including depositing and withdrawing money from your account.

Why should you bet with Betway in Ontario?

There’s no shortage of reasons to bet with Betway. Their sportsbook boasts an easy-to-navigate interface and strong range of markets, which combine to provide an enjoyably smooth betting experience. Their offering easily caters to all bettors, regardless of their skill and experience levels.

Overall, if you enjoy having plenty of options to wager on and a simple, straightforward user experience, a Betway account is simply a must-have.

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Betway Ontario betting FAQs

Is Betway legal in Ontario?
How can I deposit money in Betway from Ontario?
Does Betway have an app?

The team at BET.CA have over 40 years’ experience in the sports betting and gaming industries, and have worked and written for several of the world’s leading sportsbooks. Possessing unrivalled knowledge and a massive passion for sports, the team regularly bet with all of the sportsbooks we feature and continuously update our reviews to help you make the best choice.

BET.CA staff
BET.CA staff