Betway vs. DraftKings – Which Sportsbook is Better?

Betway is a respected sports betting business with a long history of paying out consumers in a timely and dependable manner. It employs a white-label sportsbook technology from SBTech, allowing it to cover a wide range of sports in great depth. Although the odds are decent, the sports betting site is incredibly sophisticated. Betway is presently giving a small welcome bonus, but it may introduce more unique incentives in the future. The Betway app is among the finest in the industry, and the desktop Betway sportsbook site is incredibly user-friendly. It is an amazing choice for all bettors, with large betting limits and excellent customer service.

DraftKings began as a Daily Fantasy Sports site in 2012 and has since developed into a high-quality betting service that provides a fantastic user experience for both casual bettors and seasoned handicappers. It offers a variety of handy deposit methods for sports bettors, and withdrawals are speedy and dependable. The site covers a wide selection of athletic events in great depth, with plenty of pre-games and live betting choices, as well as future wagering. DraftKings compensates users with a tremendous selection of free bets, competitions, and short-term incentives. DraftKings also offers a reward program that is highly appealing. The sportsbook has a detailed FAQ section covering most questions for the bettors.

Comparison of both sportsbooks

Early Cash Out

The Betway betting platform allows users to exit bets early to lock in their profits and minimize their losses. Even though most sportsbook offer this feature, Betway stands out in that, it allows full and partial cash out. This allows you to exit a part of the bet and keep some money waiting on the outcome of the game. Before you place a bet, you will be alerted that it is covered by the cash-out function at Betway Sportsbook.

DraftKings Sportsbook allows you to cash out your bets before the game ends if you're stressed that your team will not win. This means you can take an early profit and relax as you watch the rest of the game. Further, this option allows you to mitigate against the potential for increased losses.

Site Experience

The Betway sportsbook is incredibly professional and attractive. It has chosen a sleek, trendy grey-on-black colour scheme that appears far more appealing than some of the other sites that utilize the SBTech design. This makes it simple for users to navigate through the app. There is a search tool, which many sportsbooks ignore, and the general site is well-designed. The pages are tidy and well-organized, and the Betway bet slip is simple to use. One significant advantage is that the Betway sportsbook provides you with a lot of stats on each game before you place a bet, which is quite useful.

The user experience provided at DraftKings is great. DraftKings has a visually appealing colour palette of gray, black, and green. Navigating through the sportsbook is simple and effective because most menus are designed intuitively, and pages load quickly. In addition, there are multiple helpful shortcuts for users. The pages are clean and tidy, allowing customers to discover wagers fast. The bet slip is organized into singles, parlays, and round robins, and it fills quickly.

Payment Methods

DraftKings provides sportsbook customers with a variety of deposit options. You don’t get charged to deposit money and most deposit options are instant. Some deposit options include credit card, debit card, ACH direct transfer, e-check, PayPal, Play+ prepaid card, or PayNearMe. In addition, the sportsbook allows you to withdraw your winnings using different methods. The withdrawal process is smooth and easy. Your options include an electronic check via ACH, a mailed check, Play+, cash at the casino cage, or PayPal.

Betway also provides its users with different deposit methods, and they are all free. These options include Visa, MasterCard, Discover, PayPal, ACH online banking transfer, a Play+ card, or a PayNearMe. When it comes to the withdrawal of your winnings, you can choose a Play+ card, PayPal, or ACH.

How many offers are there in both?

Sign-Up Bonuses

As an incentive to open an account, Betway provides new users with a risk-free wager of up to $250. This Betway sportsbook promo code is only available in Iowa, Indiana, New Jersey, and Pennsylvania. It is a straightforward, appealing welcome bonus with reasonable wagering conditions. Before you can withdraw the bonus cash, you must only roll them over once, and the minimum odds are just -330. This Betway promo code deal also has a modest minimum deposit of $10, making it appealing to novice bettors. Ensure you follow all DraftKings sports betting rules to claim this offer.

On the other hand, when you sign up for a new DraftKings account and bet $5 on any sport, you may earn $150 if you win. It's vital to remember that no DraftKings sportsbook promo code is required to take advantage of this promotion. Players must be at least 21 years old. The promotion is only available to new DraftKings Sportsbook customers. The user must first deposit $5 into their DraftKings Sportsbook account before placing a wager of $5 or more on any sport. They will receive $150 immediately, in addition to any winnings from the initial wager when it settles. The bonus is distributed in the form of eight $25 free bets. The Free Bets are only available for seven days.

Additional promos offered by both sportsbooks include,

DraftKings No Deposit Bonus

Draftkings sports betting often offers a $50 no-deposit bonus. DraftKings also offers $50 in site credits casino bonus, but the sportsbook incentives need a deposit of your own money to be claimed. DraftKings' "Bet $1, Win $100" promotions are likewise similar to no deposit bonuses. These offers are frequently issued around important UFC fights. DraftKings typically provides a promotion that delivers $100 in site credit from a $1 wager if a single punch is landed. Every battle has a punch, so that is practically a free $100 bet. This deal requires a deposit of at least $50 to be claimed, but you can claim the deposit match on that.

DraftKings Deposit Match Bonus

When you deposit money into your account for the first time, DraftKings will match your deposit by 20%. Because the highest you may get is $1,000, a $5,000 investment is necessary to access the whole amount. If you deposit $100, you will get a free bet of $20. You will then have 90 days to satisfy a release requirement, whereby $1 will be released for every $25 you bet. When you create an online DraftKings casino account, you will also receive a 100% match bonus worth up to $2,000. You can also get a $500 deposit bonus when you sign up for a daily fantasy sports account. If a player deposits more than $2,000 on their initial deposit, they can get up to $4,000 in free DraftKings casino credits.

Additional Betway Offers

Betway sportsbook bonuses provide an array of exciting odds boosts, free-to-enter contests, and exclusive daily promotions customized for individual customers. For instance, you can get a $5 free bet every time your favourite team scores a touchdown.

FAQs

Do Betway and DraftKings have cash-out features?

Yes. Both sportsbooks have a cash-out feature, which allows you to exit wagers early so as to earn a profit or get back some of your risk amounts. The Betway cash-out feature allows you to fully and partially cash out.

Who owns Betway or DraftKings?

DraftKings is owned by DraftKings Inc., while Betway is owned by SGHC Limited.

Which sportsbook has a minimum deposit amount, Betway or DraftKings?

DraftKings has a minimum deposit amount of $5, while Betway has a minimum deposit amount of $10.

Which sportsbook offers better promotions between, Betway or DraftKings?

DraftKings has more promotions compared to Betway, including the sportsbook's loyalty program, which Betway doesn't have.

Which sportsbook has better odds, Betway or DraftKings?

DraftKings offers better odds, while Betway has average odds. Betway Sportsbook rarely offers the best prices on the market, while DraftKings odds offer great flexibility.

What is the difference between Betway and DraftKings?

The minimum bet accepted at Betway is just $0.10, while the minimum bet accepted at DraftKings is $1 on most sporting events.

Where can I make more money, Betway or DraftKings?

You can make more money on DraftKings. The maximum bet you can win on any bet at Betway is $500,000, while the maximum bet you can win on any bet at DraftKings is $1 million.

Which sportsbook is the most widely available, Betway or DraftKings?

DraftKings is more widely available as the sportsbook is available in 19 countries. Betway, on the other hand, is only available in five states.

Which sportsbook offers the best customer service?

Betway offers better customer service because their live chat option is available 24/7. The staff is friendly and responsive. The customer service at DraftKings is inconsistent, and the response times are sometimes slow.

Who can place bets on DraftKings and Betway?

Anyone who is 18 years and above can place bets on Betway, while the legal age for placing bets on DraftKings is 21 years. You should go through varying Betway sportsbook reviews and DraftKings sportsbook reviews to understand how the geolocation feature works to understand more about eligibility.