It’s official, Betway India has stopped trading - alternative websites available

With Betway pulling out of India, you can instead bet at 1x Bet, who are offering a 100% welcome offer bonus of up to 8,000 INR for Indian customers.

So long Betway – no longer India's most popular betting site?

An email left bettors in dismay on October 1st, as they woke to news that Betway has withdrawn from India in the wake of recent legislation changes affecting international sportsbook websites.

Betway’s decision to “regrettably elect to cease trading” comes after a turbulent year in India – first having its app banned in February, then weathering a hefty 28% tax on all proceeds from its customers in the country since July.

Joining Betway in retiring from India is online gambling titan Bet365 India.

Aside from wondering which sportsbooks will be next to join Betway and abandon ship, we at THESPIKE find our eyes turning to the budding esports scene…

Will Betway’s India withdrawal affect esports plans?

Betway isn’t just a household name and incredibly popular online betting company, it’s one of the most prominent betting companies in the growing esports industry, and one of esports’ largest commercial sponsors and partners.

The company has a long and profitable presence in the globally worshipped Counter-Strike games.

It has sponsored many popular teams, from BIG and G2 Esports to Ninjas in Pyjamas, and built hugely successful partnerships with tournament organizers like BLAST.

Given prolific rumors circling around official betting for VALORANT (Counter-Strike’s spiritual successor), the stage was primed with high expectations for Betway to enter the VALORANT betting market with some high-profile sponsorships.

With over 540 million global esports viewers, almost a million daily players, and 1,291,000 in online attendance for the recent VCT 2023 tournament, the VALORANT esports scene is only growing.

Considering most teams’ reliance on sponsorship for revenue, however, Betway's uprooting from a major profit market like India is worrying news.

Betway had also been testing BGMI betting, with a clear eye to invest in the Indian esports scene.

Do you think this news for Betway India will affect its esports partnerships and potential future plans on the VALORANT scene?

Betway FAQs

Is Betway legal in India?

Betway is still technically legal, but the online sportsbook has removed all its services from India as of October 2023.

Who owns Betway?

Founded in 2006, Betway is owned by Super Group, a global digital gaming company listed on the New York Stock Exchange.

Is Betway safe?

Absolutely! Betway is an entirely legitimate global online sports betting operator that adheres to the high security and safety standards of the Malta Gaming Authority.

How do I claim a welcome bonus on Betway?

You’ll be prompted to claim it as soon as you create a new Betway account. If you miss it, check out the Promotions tab.

What’s the Betway payout process like?

Betway pays out bets smoothly, based on your chosen payment method. You’ll receive PayPal withdrawals within 24 hours, that’s the fastest payout Betway offers. Other payment methods can take a few days to complete.