What sports bets can you make at Betway?

You can choose from sports including hockey, football, tennis and esports, then decide whether to place a bet before an event or while it is in progress.

The difference is when you place the bet: before the event begins or after it has started. The timing changes how much of the contest you can see before making your selection.

Pre-match betting

With a pre-match bet, you make your decision without knowing how the event itself will unfold, although starting lineups and other circumstances can change before the start.

In-play betting

During an event, the score, time remaining and events on the field can affect the odds as play develops.

Live markets can move quickly, and a price may change while you are deciding. A selection made in play is still subject to the settlement rules for its market.

Each selection is a leg of the parlay. Generally, all legs must win for the combined bet to win; the treatment of a void leg depends on the applicable rules. Combining outcomes can increase the potential return, but it also means more outcomes must go your way.

Cash out lets you settle a bet before its normal conclusion for a quoted amount. The amount can be lower or higher than your stake and changes with the event and the chances reflected in the odds.

Full and partial cash out

A full cash out settles the entire bet early, so it no longer returns anything from the final result. A partial cash out settles part of it and leaves the remainder running.

Settling early or letting a bet run

Taking an early amount gives up some or all of the potential return tied to the final outcome. Letting the bet run keeps that outcome in play, including the possibility of losing the stake.

Odds express the price of a selection and determine its potential return alongside your stake. Settlement depends on the outcome defined by the market, not simply on which team or participant you prefer.

Reading odds

Decimal odds include the original stake in the potential return. Multiply the stake by the decimal price to calculate the total return from a winning bet; the profit is the return minus the stake.

Shorter odds generally imply a more likely outcome and a smaller return for the same stake. Longer odds imply a less likely outcome and a larger potential return, not a greater chance of winning.

Understanding outcomes

A market defines the event that must occur for a selection to win. Some markets concern the final result; others concern a particular part or statistic of an event.

Settlement rules matter when an event is postponed, abandoned or otherwise affected. A void bet is treated differently from a losing bet, so the applicable market rules determine the result.

Players in Canada can open a Betway account and bet on sports. The Android app is distributed through Google Play, and the iOS app is in the App Store.

The iOS app requires iOS 15.1 or later and takes about 63 MB. See the phone app guide for more about the mobile options.