Betway Sportsbook focuses on casual sports bettors and live betting. To this end, the software is extremely simple to use and lacks the sophisticated features of more comprehensive apps. The company is based in Malta and operates across Europe and in Mexico. In the US, it has licenses in Colorado and Indiana, and is on the way in Pennsylvania and Iowa, as well.
This page will go over what you can expect from Betway in Iowa, including the wagers you’ll be able to place and the sports you’ll be able to place them on, Betway’s banking options, and its welcome bonus for new users as well as promotions for ongoing users.
When you register for an account at Betway, you’ll be eligible for a risk-free bet capped at $250. That means if you place your first sports wager and it loses, Betway will provide a refund in bonus funds for the amount of the losing bet, up to the offer’s maximum.
|Online Sportsbook||Betway Sportsbook Iowa|
|Betway Promo Code||TBD|
|Risk Free Bet||Up to $250|
|Last Updated||October 5, 2021|
The terms and conditions for Betway’s risk-free bet are pretty straightforward. You qualify for the bonus by depositing $10 or more within seven days of opening an account. Registering for your account is a simple process. First, head to the Betway Sportsbook website and click the join button in the upper right corner. Follow the prompts from there to complete the process.
You must make your initial bet no more than seven days after your deposit. Also, you cannot place the qualifying bet on any odds boost games. There is a link to all such games at the top of the list of sports on the homepage.
Should you win your bet, you receive no benefit from the promotion. But if you lose, Betway adds the bonus funds to your account, matching your wager as described above. The bonus conditions explain that you cannot cash this money out but must use it to place further bets. If any of these bets win, the winnings go to your account, but you do not get the original stake.
Promotions are the default marketing tool of online sportsbooks: permanent promotions, seasonal promotions, big games and promotions to boost a slow month’s activity. Odds boosts are part of Betway’s regular promotions. The boosts offer you the potential to win more money for a successful bet.
Betway offers a weekly Big Pick game, as well. It’s free to enter, and if you get all the picks correct, you share a prize of $5,000 with any other winners.
The Betway Plus loyalty program lets you accrue points every time you wager real money. All customers are eligible to be members. You receive a VIP level based on how much you wager each month. The higher your VIP level, the more points you receive and the more valuable the benefits.
After the US Supreme Court overturned the Professional and Amateur Sports Protection Act in May 2018, states gained the ability to legalize and regulate sports betting. Iowa passed legislation doing so in 2019.
Online sports betting is now legal in the state, and Betway is in the process of gaining approval to launch. To participate in sports betting in Iowa, you need to be 21 years or older and within state lines.
To begin wagering with Betway, you need to register for an account. To do so, the online registration form is available on Betway’s website. Fill in the form with the required personal and account details, read the terms and conditions and you are ready to begin.
If you want to bet using your mobile device, you will need to download the app available for Android and iOS devices. You can do this after you register for an account. The login details are the same no matter which device you use.
Simplicity is the watchword for Betway’s app. The sports page sticks to sports information. To access other features, you have to go to the “About Us” page. Both links are at the top of the homepage.
The first main menu item will be for live betting on games that are in progress. The screen is in three columns. On the left, you see highlighted games, links to odds boosts and a list of sports. Click on any sport for more options. The center column lists games that are in progress. Click on any of these to see what betting options are available.
The betting slip occupies the right column. You place a wager by clicking on it. The bet slip automatically populates with your bet and offers options to select a bet size and other choices specific to that wager.
The betting process could not be more straightforward. It is not that Betway does it differently from other sportsbooks; it keeps everything clear at each stage of the process. When you are on the page covering your game, a graphic displays progress in the game above the bet slip. Below the slip is where you can see statistics relevant to the game—all in all, a simple app that works well on all screen sizes.
Here are some of our favorite aspects of wagering with Betway:
Compared to some other apps, Betway offers a limited range of features. This is more than counter-balanced by its extra betting markets and live betting options. At some point, Betway will bring live-streamed games to its app, but that feature is currently only available in some European markets.
Secondly, Betway needs to add more withdrawal options to its banking process. Three options are a bit light for the modern market.
Betway offers all the standard wagers that you would expect from a sportsbook. These are almost all available for live betting, as well. Here are the main options you’re likely to see:
All the sports you can wager on at Betway appear in the left column on the main page. The full list compares well with other Iowa sportsbooks:
All these sports are available for professional teams, and you’ll also find options to bet on college football and basketball in Iowa. One wager that Iowa does not allow is prop bets on individual college athletes.
Iowa is a wonderful place to live, but it has no major league sports teams. However, for local betting, there still are the main college teams in the state. Both the University of Iowa and Iowa State University basketball and football teams offer options for bettors.
In addition, with pro sports loyalties in Iowa often going to teams in neighboring states, you’ll also find favorites to wager on like the Chicago Bears, Green Bay Packers and Kansas City Chiefs in football, the Chicago Cubs and St. Louis Cardinals in baseball and the Minnesota Timberwolves and Chicago Bulls in basketball, to name a few.
Futures bets allow you to bet on events that are still potentially a full season away. For instance, instead of betting on a regular-season game that happens next weekend, you can wager on which team will claim the title at the end of a full season.
Wagers on things like the next Super Bowl winner, which teams will make the College Football Playoff, which player will win the Heisman Trophy or who will win the next Masters are all popular futures bets. Because of the size of the field you will often be wagering on, particularly if you place a wager early, a futures bet can have a pretty hefty payout if you’re lucky enough to get it right.
Betway offers the following banking options for making a deposit:
Withdrawals are available via the following methods:
The Betway Play+ Card is available from the cashier. It takes seven to 10 days to arrive. It’s a prepaid Discover card that you can load with your debit card and use to pay for purchases or withdraw cash from ATMs. Withdrawal times are around seven days for e-checks. The other two methods are much faster, ranging from a few hours to a few days.
Customer support is available via three channels. There is an FAQ page, a live chat option and a support ticket process. The FAQ provides answers to the most common questions as well as providing advice for responsible gambling.
The live-chat option works 24 hours a day, seven days a week and provides fast answers to most questions. For anything complicated, the support ticket option allows you to write about your issue in detail and obtain a written answer. All are accessible from the “About Us” menu at the very top of the homepage.
Responsible gambling features at Betway enable you to set limits on depositing, the size of individual bets and the amount of time you can spend betting. There also are self-exclusion options for you if you think it’s a good idea to stop gambling for a while.
The responsible gambling section also provides advice to help to you learn if you have a gambling problem, and links to Iowa support services to get help.
In Iowa, Betway only offers online sports betting. Betway is the third skin at Diamond Joe Casino in Dubuque; however, there isn’t a retail version of Betway at the casino.
If you want plenty of live betting, a variety of sports and a simple user interface, Betway may be a good option for Iowa. Check the other sportsbook reviews on this site, and you’ll see that each has its strong points. All are trying to carve out their own slice of the market.
Betway is targeting sports fans who want to bet on their favorite teams. To this end it has pitched its bets and promotions directly at this section of the market. The $250 risk-free bet is indicative of Betway’s priorities. Other sites may target higher spending, more experienced bettors with matching deposit bonuses of up to $1,500. These are great for many customers, but if you are new to sports betting, an initial deposit of $250 or even just $10 may feel like a more sensible option.
Betway is be fully licensed by the Iowa Racing and Gaming Commission. The commission has a website and is available via email at [email protected] The telephone number for general inquiries is 515-281-7352.
All the sportsbooks in Iowa are competing in the same market. If betting lines at Betway were out of step, the sportsbook would soon have a problem. Overall, the odds are very similar across the market. Still, it’s a good idea to shop around for any small advantage you can find on any bets you want to place.
Betway charges no fees for making a withdrawal. Your payment processor may charge a fee, however, but Betway charges nothing when you deposit or withdraw.
Betway is licensed and regulated in Iowa. The state regulations are strict and ensure fairness, but also that all player funds reside in segregated accounts. In short, at Betway your money is safe. The same may not be true at offshore sportsbooks. There is no legal redress available if you have a problem with an offshore sportsbook.
Betway does offer online casino games, but not in Iowa. The state’s gambling laws do not permit online casino games.
Yes, many of Betway’s wagers offer the option to close the bet before you know the result. This cash-out option lets you get away from a losing bet with lower losses or claim a portion of a winning bet before the game is over.