Werner August Josef Betz (1 September 1912 – 13 July 1980) was a German philologist who was Chair of German and Nordic Philology at Ludwig Maximilian University of Munich.

Werner Betz was born in Frankfurt, Germany on 1 September 1912.

From 1937 to 1940, with a grant from the Deutsche Forschungsgemeinschaft, Betz was a research assistant of Theodor Frings.

After the war, Betz became Chair of German and Nordic Philology at Ludwig Maximilian University of Munich.

His writings on Germanic mythology were influenced by the theories of Georges Dumézil.