30 August, 2023 (updated 3 April, 2024)
9 minutes to read

How to Play and Win with Betway

In this guide, we will provide detailed instructions on how to place bets on Betway, one of Kenya’s most popular online betting platforms. Whether you are a seasoned punter or new to the world of online betting, we have got you covered. We will discuss the platform’s requirements, including age and registration, and share tips on how to increase your chances of winning. Additionally, we will go over the available types of bets on the Betway sports betting platform, like single and multibets, and explain how to place them. By the end of this guide, you will be equipped with all the information you need to start betting on Betway like a pro.

Sadly, Betway stopped operating in Kenya in August 2023. We are hopeful that the company will return to Kenya and will keep you updated on the situation.

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What You Need to Know About Betway Before Betting

What You Need to Know About Betway Before Betting

Before you start betting, there are a few things you need to know to ensure a smooth and enjoyable experience. Here are the key points to keep in mind.

Main Requirements and Conditions

To start betting on Betway, you need to be at least 18 years old and have a registered account. Additionally, you must provide accurate personal information during registration to ensure a smooth betting experience. 

Limits and Fees

Betway has different limits for deposits, withdrawals, and bets. For example, the minimum deposit is 10 KSH. You can read about the Betway minimum stake in our separate article.

Account Verification and Tax Deductions

Before you can withdraw your winnings, Betway requires you to complete the account verification process. This involves submitting documents proving your identity and address. Remember that winnings from betting in Kenya are subject to a 20% withholding tax.

How to Place a Simple Bet – A Beginner’s Guide to Betway

How to Place a Simple Bet Betway

If you are new to online betting, placing your first bet can seem intimidating. But fear not. In this section, we will provide you with a simple and easy-to-follow guide on how to place a basic bet on Betway. We will break down the process into simple steps, explain the terminology you will encounter, and provide tips on how to make informed decisions when you place. By the end of this beginner’s guide, you will be ready to place your first time with confidence.

  1. Select a Sport you prefer.
  2. Then, choose the event you wish to bet on.
  3. Choose a selection and click the odds price to add to your bet slip.
  4. Now, input the amount you want to stake in your bet slip. You will see the potential returns underneath.
  5. Once you are sure about your selection, tap on “Place Bet.”

Key Concepts, Types of Bets, and Features of Bet Placement

Key Concepts, Types of Bets, and Features of Bet Placement Betway

Understanding the key concepts, types of bets, and features such as Betway Boost or  Betway outright betting is crucial to maximizing your chances to succeed when betting. In this section, we will delve into these topics and provide you with the knowledge and tools you need to become more informed. Whether you are a casual bettor or a seasoned pro, understanding the different types of bets and how to place them on Betway will help you make better decisions.

Single Bet

A single bet is one of the simplest types you can place a bet on Betway. It involves wagering on the outcome of a single event, such as the winner of a soccer match or the score of a tennis game. Single bets are a great option for beginners, as they are easy to understand and require no prior knowledge of the amount you want to wager. The potential payout of a single bet is determined by the odds offered by Betway. Generally, the higher odds, the larger the potential payout. If the outcome you have bet on comes to fruition, you will receive your winnings based on the odds and your stake.

Multi Bet

An accumulator bet is a type that combines multiple single bets on different events. For example, you can place a multibet on the winner of two soccer matches and the total number of goals scored in a third match. To win an accumulator bet, all the individuals within it must be successful. This means that if even one of the bets is unsuccessful, the entire multi is lost. Accumulator bets offer higher potential payouts than singles because the odds of each individual are multiplied together. However, they are also riskier than singles because of the requirement that all individuals must be successful in winning. When placing a multibet, it is important to choose events with reasonable odds and to limit the number of individuals to avoid increasing the risk too much. With a bit of strategy and luck, multibets can be a great way to maximize your winnings. 

Build a Bet

It is a feature on Betway that allows you to combine multiple selections from a single event to create a custom multibet. For example, you can choose the winner of a soccer match, the total number of goals scored, and the first goal scorer, all in one. This feature is only available on pre-match events and allows a minimum of two selections with a maximum of 10 selections. If any selection within the Build a Bet culminates in a loss, the entire will be a loss. 

How to Place a Winning Bet

How to Place a Winning Bet Betway

There are certain thing you absolutely need to know before placing a bet on any sport and event. Let’s talk about several of them in short.

Do Your Research

Before making any predictions, carefully review and analyze the performance of both teams, their lineups, and essential players. This way, you will be able to avoid losing your money on reckless and pointless wagers.

Keep Calm

Although many people tend to bet emotionally, you should not do that in any case. Keel calm, make only the decisions that were thought thoroughly, and you will be in the clear!

Control Your Budget

Setting up a limited budget to use on bets is an excellent way to save quite a bit of money and not ruin your overall finances with unwise decisions in the heat of the betting process.

The Convenience of Withdrawing Winnings on Betway

The Convenience of Withdrawing Winnings on Betway
BenefitDetails
ConvenienceWithdrawing your winnings on Betway is a straightforward process.
AccessibilityWithdrawals can be made through the website or mobile app.
Payment Method FlexibilityYou can use the same payment method you used to deposit funds to withdraw your winnings.
Withdrawal OptionsThe platform offers multiple withdrawal options. For example, bank transfers, mobile money, or by using a Betway SMS number.
Processing TimeMost withdrawal requests are processed within 24 hours.
Regulatory RequirementsBetway may require you to verify your identity before processing a withdrawal.
Prevention of FraudBetway may require you to verify your identity to prevent fraud.

Conclusion 

Betting on Betway can be a fun and rewarding experience if done responsibly. We hope this guide has provided you with valuable information on how to place bets on Betway, the key concepts and features of placement, and Betway winning tips for placing winning bets. As a responsible bettor, it’s important to follow Betway’s requirements, including age and registration, and to use the platform’s responsible decisions when placing your bets, to manage your bankroll effectively, and stay up to date with the latest sports news and events.

FAQ

How do I deposit money into Betway?
You can deposit money into your account using M-PESA, Airtel Money, and Card Transactions.
Which bank does Betway use?
Betway uses a lot of banks, depending on the payment method and your location.
How do I download the Betway app on my phone?
You can use the download link on the Betway website.
Is the Betway app legal?
For sure! The app is legal in Kenya.
Can I use Betway without a bank account?
Yes, you can use it by using mobile payment methods like M-PESA or Airtel Money.
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