Bwin’s history may not be as long as some bookies’, but they are still recognized as one of the pioneers of online gambling. Bwin’s services were never really available through traditional betting shops; instead, their efforts have been focused solely on online betting and online casinos since day one. The betting site was originally named “betandwin” at its founding in 1997, but that was changed to Bwin in 2006.
Nowadays, this betting site boasts an unmatched selection of markets, and regularly provides punters with some of the best betting offers in the industry. These can number up to 30,000 separate offers a day in more than 90 different sports. Keep reading to find out how and why Bwin grew from a small office of 12 employees to an international giant, and is one of the best betting sites currently available.
Cream of the Crop
Bwin was at the helm of the rapid growth of online sports betting in the early 2000s. They quickly grew alongside the industry, but their true breakthrough into the big leagues came with a completely new form of betting, largely developed in-house at Bwin. This new service allowed punters to place their bets while the actual event was taking place – that’s right, we’re talking about live betting.
This game-changing innovation firmly placed Bwin as one of the top online bookmakers in the business, a position they have not yet relinquished.
Bwin was originally founded in Vienna, Austria, but they moved most of their operations to Gibraltar through the acquisition of a local company in 2001. Gibraltar is well known for its receptiveness towards gambling companies, and the move further helped Bwin expand its influence to an international level.
Although their origins are as an online sportsbook, nowadays Bwin’s offer has expanded to include other services geared towards online gambling enthusiasts. These include an online casino and live casino, complete with live poker and blackjack tables. Other such services are virtual sports and jackpots, and hundreds of different games for you to try out.
We should also probably note that the full range of Bwin’s services is available to you 24/7 via their mobile app. It’s available for both Android and iOS, has a lot of interesting and useful features, and allows you access to special mobile betting bonuses.
Today, Bwin’s current parent company is GVC Holdings. This name should be familiar to all fans of online betting, seeing how they are responsible for several brands of the best online bookmakers, such as Ladbrokes, Sportingbet, and many others.
This betting site has attracted a lot of attention with their sponsorship deals with some of the most famous teams in football. Over the years, the Bwin brand has found it’s way to the jerseys of many teams, most notably Real Madrid and FC Bayern Munich.
Licensing & Safety
Like any respectable company in this heavily regulated business, Bwin operates under remote gambling licenses. These make sure that everything they do is moderated, transparent, and fair. Their primary license is issued by the Gibraltar Gambling Commissioner, which makes sense given that they are based in Gibraltar.
Beyond that, they also have a license issued by the United Kingdom Gambling Commission (UKGC) which makes sure that they can bring their business to punters in the UK. They hold an additional number of smaller regional licenses. All of this means that Bwin is obligated to work legally and fairly, under the watchful eyes of some of the most respected regulative bodies in the world of gambling.
All transactions on the Bwin betting site are made via encrypted SSL protocols. This bookie uses tested and reliable encryption technology from Verisign, ensuring security to every exchange. They also seem dedicated to distancing themselves from shady business practices and dealing with problem gambling. Bwin claims their entire business model is built around the consumer, and they creatively dubbed this campaign “Changing for the Bettor”.
Deposit and Withdrawals
The number of banking methods available on Bwin is simply staggering. Let’s start off by stating that all deposits to Bwin are instant and free, except bank transfers and cheques which can take up to a few days.
Needless to say, the popular options of Visa, Mastercard, and Maestro are covered along with many other credit and debit card options. All sorts of eWallets and online payment systems are also available, such as Skrill, Astrocard, Apple Pay, ecopayz, Netterel,Trustly, Giropay, and the Russian Webmoney. These options further extend to small nation-wide services such as eps, and SOFORT. All in all, there are more than 30 different payment methods, so you’re sure to find something to your liking. Bwin also accepts transactions in more than 10 different currencies: EUR, NOK, CHF, HUF, EEK, HRK, PLN, LTL, GBP, SEK, USD, LVL and RUB.
All withdrawals are free just like deposits. They may take up to a few days, however, depending on your bank and how quickly they process payments.
We always like to stress the importance of this aspect of any online bookmaker. The best odds in the world, the most generous bonuses and promotions – none of these matter if a company’s customer service is not up to par. Here we’ll list several ways in which you can contact Bwin or find information in case you need help.
Sadly, we’ve found that customer service only operates during limited hours: between 8 and 22 CET every day. This should cover most of your needs, but many may find that it’s not enough considering what a huge international brand Bwin is. This has been known to result in slow problem resolving due to backlogs.
24/7 Live Chat: the exception to this is Bwin’s live chat service which seems to be open all the time. Anyone can submit a question or contact a representative, all you need to provide is an e-mail address.
Email Support:As is to be expected, Bwin’s staff can also be contacted via email. They typically reply within 24 hours.
Telephone Support: Some problems are best resolved with a direct conversation with a help desk representative. For those cases, you can call Bwin’s staff using the good old telephone, at 004312531726982
Online inquiry form:Much easier than the typical email format, you can drop a question directly to Bwin on their website. Again, response times are typically within 24 hours.
FAQ:Beyond that, you should consider the fact that most questions you may have already been answered. Bwin’s website boasts an extensive FAQ and Help sections. These can offer a lot of additional information not touched on in this review. Everything from game rules to suggestions and explanations about banking methods can be found here.
Market & Odds
A lot of the biggest online bookies can boast a wide selection of sports and categories, but Bwin takes this to a whole other level. While most of the competition keeps the number of such sports somewhere around 30 or 40, Bwin goes up to a whopping 90. Even the smallest of specialised markets and the most obscure of betting niches are represented on Bwin.
The rising trend of eSports betting has not gone unnoticed by Bwin, and this betting site can be a good new home for you if that’s what you’re looking for. Beyond that, you can find betting offers for even sports like Alpine Skiing, Bandy, Biathlon, Cross Country Skiing, and Floorball.
Football betting is still Bwin’s biggest focus, though, with some major league matches having more than 150 markets per game. So don’t think that just because their offer is wide it’s not also deep: if your just looking for some good old Premier League betting, Bwin will still deliver.
The mileage you will get with their odds may vary, however. This is where their origins as a bookie from mainland Europe rather than the UK start to show. For example, the usually major betting sports of horse racing and greyhounds are easily outclassed by the competition. However, Bwin’s football and basketball odds are very competitive.
They are also probably the best betting site if you want to bet on sports leagues from the USA, such as the NFL, NBA, and NHL. Their odds for some of these are better than even most US-based bookies’.
You might remember that we stated that Bwin is one of the companies that initially started the boom of live betting back in the early 2000s. With that in mind, it stands to reason that their In-Play betting section should be among the industry leaders. We’re glad to see that Bwin does not disappoint on this front either.
Live betting has seemingly remained a focus for the company, and Bwin maintains one of the best in-play betting services currently available. There are endless betting opportunities thanks to the unmatched number of sports and markets on offer. These are constantly updated with relevant information, allowing you to make informed snap decisions about your betting.
All of this is presented through a neat, slick Live Betting screen which lets you quickly assess the situation in the field and place whichever live bet you want to. Of course, this functionality is also available to customers on the go using the Bwin mobile app.
Bwin Live Streaming Offer
Going hand-in-hand with the live betting feature, live streaming on Bwin is another strong point for them.
Betting sites these days are turning into huge platforms that cover all the needs of your average sports fan. From betting on sports, to reading about them, all the way to watching them. This is realized through the use of so-called Live Streams, which are able to bring your favorite sports broadcasts right to your computer or even phone screen. Bwin excels here as well, and their live streaming service is robust with over 2,000 different games streamed every month.
Licensing is always an issue with these, however, so bear in mind that you won’t be able to watch just anything. The Premier League and other major national European leagues are all there; however, other important events like the Champions League are not.
All you need to access Bwin’s live broadcasts is a verified account on their website, and either any number of funds on it or a bet made in the last 24 hours.
Bwin Bookmaker Margin
The principal way in which bookies make profits is through bookmaker margins. These represent the difference between the “actual” odds of a sporting event and the ones offered by the bookmaker. Therefore, the bigger this margin is, the smaller the eventual payout for the punter.
The average bookmaker margin for football matches on Bwin is 7.36%. This is not the best out there, as some competitors can go as low as 5% - but it is still enough to rate Bwin as higher-than-average when it comes to this particular sport.
The margins for some other sports are as follows: 4.19% for basketball, 7.13% for tennis, and 8.33% for cricket. All of these average out to about 6.4% across the board of Bwin’s massive selection of sports.
Bwin seems to hit all the right notes a distinguished bookmaker should. While the sheer variety of offers on their sportsbook is a big positive in its own right, they also do not seem to shy away from specialising in some forms of betting over others. To this reviewer, they seem like the premier choice if in-play football bets are what you’re after.
To make their offers even more attractive, Bwin spices them up with some interesting betting promotions and sportsbook bonuses. Just like any bookie of this size and renown, they offer enticing welcome bonuses for new customers. This first deposit bonus can go up to a £100 in free bets, depending on where you’re from.
Furthermore, Bwin offers a loyalty programme centred around gathering “B’ points”. This can be done both through the sportsbook and the online casino and can net returning customers increasing rewards in the form of freebets and even free merch like jerseys.
How to open an account at Bwin?
This covers pretty much all the aspects of Bwin’sonline sportsbook.
If any of this sounded appealing to you – and it should – you might be interested in how to get started with them.
All that stands between you and betting on Bwin is a simple registration process.
- Go to https://sports.bwin.com/en/sports using the internet browser of your choice.
- In the upper right-hand corner, click on the yellow “Register Now” button.
- This will open step one of the registration process. Firstly, you will need to provide your full name, e-mail address, and country of residence.
- Step 2 will require you to select a unique user ID and set up the password you will need to log in. Furthermore, here you will select your currency and provide your date of birth. Remember to keep your login information safe and private to prevent security breaches.
- Step 3 will require you to provide your billing address and other personal information. This includes street name and number, city of residence and postal code, as well as a phone number. Such information may be private, but it is vital to keeping Bwin’s operations safe and legal.
- The next step will require you to verify your email address by opening the link in the e-mail Bwin will send you.
- Make sure to claim your Bwinwelcome bonus. Luckily, this betting site does not require you to fill in any referral codes and such. Just open the account, and make sure to meet the requirements for your welcome freebet.
- After that, you will be asked to provide a vailid form of ID before you can withdraw any money. This can be a photo or scan of your passport, ID card, or driver’s license. All self-respecting betting sites require you to make such personal verification to prevent minors gambling and fraud.
Should you encounter any problems or have any questions, remember the ways of contacting the Bwin support staff we mentioned previously. Also, their FAQ can answer a lot of questions before you even need to ask them.
How does Bwin work?
Bwin’s business model is not all that different from any other online bookmaker. Basically, no matter the odds on the bets you place, Bwin takes a small percentage from the transaction as profit. The size of this cut depends on the services you use. Regardless of the size of your stake, it’s usually a fixed percentage.
On the other hand, your possible winnings depend on the likelihood of your bet winning. The less likely your bet is to win – the bigger the payout. On Bwin, these odds are expressed in decimal points. The bigger the number – the smaller your chances. For example, odds of 2.0 represent a roughly 50% chance of something happening, and pretty much double your money if you win.
Which countries can use Bwin?
Due to the licensing restrictions online gambling service providers are faced with, not all countries can access Bwin. Here is a full list of the countries whose residents can notuse Bwin’s betting site:
Afghanistan, Argentina, Armenia, American Samoa, Bermuda, Belarus, Brazil, Bulgaria, Colombia, Congo DR, Croatia, Cyprus, South Korea, Finland, France, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories, Greece, Grenada, Guadeloupe, Guam, Haiti, Hong Kong, Hungary, India, Iran, Iraq, Israel, Italy, Latvia, Lebanon, Liberia, Lithuania, Macedonia, Myanmar, New Caledonia, Northern Mariana Islands, Pakistan, Peoples Republic of China, Poland, Puerto Rico, Republic of Sudan, Reunion, Romania, Rwanda, Samoa, Serbia, Sierra Leone, Singapore, Slovenia, Somalia, St Barthelemy, St Martin, Syrian Arab Republic, Turkey, Ukraine, United States Minor Outlying Islands, United States of America, Virgin Islands (U.S.), Zimbabwe.
Can I use Bwin in the USA?
As you can see in the above list, Bwin’s services are currently not available to US residents, unfortunately.
What does Bwin stand for?
Bwin is not actually an abbreviation, as many people seem to believe. Bwin just used to be called “betandwin” back when it was founded in 1997, which was eventually shortened to Bwin.
How long does it take to withdraw money at Bwin?
Bwin’s standards comply with the industry’s when it comes to the time it takes to deposit and withdraw money. In other words, deposits do not take any time and are processed immediately. When it comes to withdrawals, though, funds will be credited to your account once the transfer has cleared and been credited to Bwin’s account.This can take anywhere from 1 to 4 business days, depending on the processing time at your bank.
Are Bwin’s odds guaranteed as best?
May online bookies have recently taken to guaranteeing the best odds possible when it comes to horse racing and greyhounds markets. Bwin is not one of these bookies, and they currently offer no best odds guarantees for Irish and UK horse and greyhound races. Instead, their odds for these markets are standard. You can bet on win or each-way singles, engage in ante-post markets and place multiple or system bets on their sportsbook, though.
Is Bwin a safe betting site?
Yes, Bwin is a safe place for you to bet online. As previously mentioned, they hold the remote gambling license issued by the Gibraltar Gambling Commission. They are also based in Gibraltar, and thus operate under the strict supervision of the Gibraltar government. It should be stated that this gambling license is one of the most respected in the world of online gambling.
Furthermore, all the electronic transactions used via Bwin are protected by secure and tested encryption technology from VeriSign®. You can rest assured that your hard-earned money is safe while using Bwin’s services.