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BWin review


BWin.com (former BetAndWin)

http://www.bwin.com

( review written on 04/09/2006, 4. revision )

BWIN BREAK DOWN
Get to The Point!

History

BWin (former name BetAndWin) bookmaker is registered in Gibraltar, and was founded in 1999 under name Simon Bold (Gibraltar) Ltd. The founder of the company, Simon Bold, has more than 26 years experience in the international betting industry. As founder and main shareholder of Liverpool-based Mawdsley Bookmakers, he was the first to introduce large-scale betting via "debit card" in 1989. In November 1999, Simon Bold (Gibraltar) Ltd. secured the last betting license to be issued in Gibraltar to date. In December 1999, the company began offering telephone betting, opening up its second distribution channel on the Internet in June 2000. After its June 2001 takeover by the publicly listed Austrian company BETandWIN.com Interactive Entertainment AG the company was renamed BAW International Ltd.

BWin has reached 1 million registered customers as of January 2005.

BWin is one of the co-founders of European Betting Association (EBA).

Company Info & Contact information

BAW International Ltd. is the actual bookmaker company behind Betandwin.com web site.

BAW International Ltd.
Company register no: 71839
Company register court: Register of companies, Gibraltar
Competent regulatory authority: Government of Gibraltar

BAW International Ltd. is registered in Gibraltar and employs a full staff of bookmakers, operators and service agents with international experience and core competence in their respective fields. BAW International Ltd. holds Gibraltarian sports betting and casino license's and runs the Group's operational business from Gibraltar on the web sites http://www.betandwin.com/, http://www.playit.com/, http://www.beteurope.com/, http://www.sanalcasino.com/, http://www.casinoturk.com/ and http://www.bahsegir.com/.

Contact information:
BAW International Ltd.
Suite 611
Europort
Gibraltar
Telephone: +350-77 754
Fax: +350-47 905
E-mail: admin @ betandwin . com

BETandWIN Interactive Entertainment AG is a parent company of the groups BAW International Ltd., Playit.com Ltd., and WEBSPORTS ENTERTAINMENT Marketing Services GmbH.

BETandWIN.com Interactive Entertainment AG was founded in December 1997 with the objective of developing online gaming products for the global Internet market. The company has been listed on the Vienna Stock Exchange since March 2000, and carries out central functions for its subsidiaries, BAW International Ltd. (Gibraltar), Playit.com Ltd., and WEBSPORTS ENTERTAINMENT Marketing Services GmbH. The BETandWIN Interactive Entertainment AG offering on March 27, 2000 was the most successful IPO in the history of the Vienna Stock Exchange. BWin shares have been listed on the Vienna Stock Exchange since March 2000 under the exchange trading code BWIN. The parent holding company BETandWIN.com Interactive Entertainment AG has its registered offices in Vienna/Austria, and provides services for the entire group.

Web Site?

Web site design is very colorful and utilizes more images than usual by bookie sites. Navigation is good, all the menus are simplified and you should be able to navigate easily. Betandwin has developed a new betting procedure after listening to remarks from customers so placing a bet is easy and fast.

Users have the ability to change a lot of preferences for web site, most important ones are odd formats (all three standard formats offered, fractions, decimal and whole format), time zone and time and date format, "standard bet" which allows you to set your "default" stake, you can choose to receive email reports of your bets, odds list from pre selected competitions and some more stuff.

Some parts of web site are made in Flash. I don't have any concerns against Flash, those parts are very nicely designed, animated and with dynamic content. Excellent example of this is Live Betting panel (read more about it in "Features" paragraph). Flash also allows some very good tutorials like "My First Bet" which will quickly explain how to place your first BWin bet. Also Flash tutorials for mobile phone (WAP) betting and a few more.

Site is offered in 11 languages: English, German, Italian, Spanish, Swedish, French, Turkish, Greek, Polish, Norwegian and Danish.

Offer and Odds?

BWin has a very large offer. The offer selection targets both European and International audience and especially soccer punters and they have done a really good work on this. Soccer punters can bet on around 30 national competitions and their divisions and that sums to around 70 soccer competitions overall. You can find all the important European and World national leagues and some also you won't find anywhere else like Peru, Wales or Bosnia and Herzegovina league. For instance odds are laid on all matches from English Premier League to Conference. Bet types on soccer vary from competition to competition and from excellent 13 different bets to only 2 or 3 bet types offered on matches in less popular leagues. Soccer bets supported are: 3Way, Handicap, Halftime result, Number of goals, Double chance, Halftime/Full time, Goal bet, Goal scorers, Team to score, Goal times, Type of goal, Long term, Outright winner, Groups and Specials. Numerous bet types supported are a great advantage of Betandwin.
Sports offered are: Soccer, Snooker, Golf, Horses, Tennis, Formula 1, Basketball, Skiing, Cycling, Ice Hockey, Nordic Ski, Handball, Volleyball, Cricket, Boxing, Specials, Bandy, Inn bandy, Trotting, Rugby Union, Darts, Pool, NASCAR, Motorbikes, Field Hockey and Water Polo. Singles are accepted.

Very good Live betting (you can read more in "Features" paragraph) on soccer, tennis, Formula One, American Football, ice-hockey or skiing.

BWin also offers European Super Toto

Odds are slightly under average. They especially lower odds on favorites, but offer slightly better odds on outsiders. They do not slash their odds as often as certain other bookmakers do, which is positive seen from a punters point of view.

Except sportsbook on BWin.com site you can find also casino, poker and lottery games.

Deposits?

Accepted methods for deposit's:
Visa Visa Electron MasterCard Diners Club Neteller.com Moneybookers.com Bank Transfer Western Union

 

Please note that methods of deposit may vary from country to country and for different currencies. You can run your account in CHF, DM, US$, NLG, ATS, ITL, and Euro.

For VISA, VISA electron, Master card, Diners and Neteller minimum deposit is 10 EUR and maximum 1.000 EUR, with 2% commission charged from BWin. Western Union min. transfer is 10 Euro and max 1.000 Euro, no commission charged from BWin. Moneybookers transfers, min 1 euro, no commission charged and with Bank Transfer min 1 Euro, max 10.000, no commission charged from BetAndWIn.

Withdrawals?

Accepted withdrawal's methods:
Visa Visa Electron Bank Transfer Neteller.com Moneybookers.com Western Union

 

Each month, you will get one free withdrawal. Requests for the payout of amounts exceeding EUR 1.000 are also free. The minimum amount to be paid out is EUR 30,00. The customer will bear the bank charges for all other withdrawals below EUR 1.000 per month.

For your own security and due to BWin license agreement, you will be required to provide BWin with the copy of a photo and some ID upon your first payout of winnings. This is a standard procedure required from many bookies.

Limits?

Minimum bet is 0.50 Euro. The winning limits for each user and week are EUR 100.000. The winning limits for each user and one bet are EUR 10.000.

There have been some reports that BWin tend to set low limits on customers who win a few Euros more. I found something they call an early warning system that reacts i.e. to unusually large deposits and winnings.

Features?

Excellent mobile phone (WAP enabled) betting support developed with Mobilkom Austria (the Austrian mobile phone market leader) enables you to easily place bets from your mobile phone wherever you are. News and results from your bet's on your mobile, SMS betting. A very good Flash tutorial founded on the site guides you for first time during this process.

Very good Live betting. This whole panel is made in Flash and looks and feels very good. Thanks to "Flash", the odds can be updated in real time without having to reload the page. This allows users to place their bets in real time. Bet types offered are very good, stats are also dynamically updated. Live betting also features a chat room to make it a fully interactive experience. During the FIFA World Cup some 4,000 users were logging in to this new feature simultaneously.

Excellent stats offered, live results and stats for soccer, tennis, handball, hockey, basketball, football, formula 1, baseball, cycling, golf. Very good in-depth soccer stats covering all important national leagues. Head to head comparison, tables, current form and results.

BestSeller Multi - an interesting feature that allows you to add other users' most popular picks to your bet slip with a single click.

Security?

Like they say in BWin they utilize" five-step security system" (whatever that is), multiple firewall's and 128-bit SSL encryption. The Group also has an early warning system (set off whenever there are unusually high stakes and winnings). Verisign certified. Click here for explanation.

As an additional security measure you will also be asked to send BWin a copy of an official document, which includes a photograph of yourself, either by fax or as a scan by e-mail when applying for your first payout.

Customer Support?

Support is not always fast to answer, but that can be expected with 1 million registered users.

A multilingual team processes customer queries in eleven different languages, and support team is at your disposal 7 days a week between 08h00 and 24h00 (GMT+1).

E-Mail:
support.en @ betandwin.com
Telephone:
+350-777 61
Fax:
+43-(0)1-5856044-18

Hint: Support e-mail changes different on your language selection.

Incentives& Promotions?

Friendship Bonus. Refer a friend and you both receive a 10 Euro bonus. If you manage to refer three friends you enter competition and may win a trip to Spain. At the time of writing this review BWin has 5 Euro bonus reward for new player registrations.

Pros & Cons?

Large sports offer, especially soccer, numerous bet types supported. Functional and easy mobile phone betting, very good Live Betting implementation. Comprehensive stats and live results.

Commission charged for deposits (2%) is something they should change. Some bookies who's reviews you can also read on bookmakerwatch.com do not charge any. North American sports offer is limited. Some rumors that they tend to limit wagers from successful punters. Help is full, but nevertheless I was not able to find some relevant information. Odds could be better.

Conclusion?

BWin is absolutely recommended bookie for fun&leisure punters. Because of it's large offer, interesting features and lot's of bet types supported. Soccer punters should definitely sign with BWin as their offer on soccer is among the largest. BWin will strive to become one of the largest European sports betting companies and with one million customers already the are on a right way.

For professional punters BWin is maybe not recommended as they tend to limit more successful punters and cut down large stakes.

Overall Rating

rating explained?

A+

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