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- Well established with 15+ years of experience.
- Some bonuses do not apply to e-wallet deposits
BetOnline Sportsbook Review
BetOnline has long been one of the web’s premier sports betting sites, and as the industry continues to expand, BetOnline’s ability to stick to what made them the go-to for many bettors has allowed them to remain one of the leaders in the internet gambling space today.
Having first opened their doors in 1991, BetOnline has nearly 30 years of experience making them one of the longest standing operations in the online sports betting space. Known for their wide variety of betting options, easy to use platform and some of the best customer service in the industry, few sportsbooks are able to offer a betting experience that rivals that of BetOnline.
For those of you not wanting to read a full detailed review, we can save you the time and energy by simply stating that yes, BetOnline is a legit sportsbook that offers a safe and clean sports betting platform.
All of the betting sites we review are graded by the features we feel are most important to bettors, and while we highlight the betting options, deposit and withdraw methods, bonus and loyalty programs, and legal restrictions, you will also find some of the small details we stumbled across that most sportsbook review sites tend to miss. These small features can both make or break a product, and in this instance, BetOnline passed with flying colors.
BetOnline is based in Panama City, Panama and has been operational since 1991, but first went online in 2004 where it quickly gained international popularity.
Yes, BetOnline is legal in the United States, and sports bettors from every state can open an account and deposit money freely with the sportsbook. BetOnline is fully regulated and licensed by a few international governments, all of whom which check that the site operates within the legal requirements in place. You will find more on the topic of legality elsewhere on this site, but again, US players can legally bet at BetOnline with no real concern.
Simple To Use, Easy To Navigate
Sports bettors want a simple and easy to use interface that allows them to quickly check the latest odds and lock in their bets with little in the way, and that is exactly what we encountered when we first visited BetOnline.
Unlike many online betting sites, BetOnline opted to pass on the flashy calls to action and focus on providing an intuitive interface allowing the bettor to get to their desired destination as quickly as possible.
While some new bettors might be drawn to the casino style glamor at other sites, time has proven that the no frills approach taken here saves time and has made it a favorite for regular bettors.
The simple to use platform combined with their wide variety of betting options means most first time bettors can easily find their way around the site and locate the games they want to wager on with little to no issue.
BetOnine does not have an app, but the site offers a solid mobile experience that is both fluid and easy to navigate. A recent update to the sites skin has also benefited their mobile platform in terms of overall user experience.
Depositing At BetOnline
BetOnline offers a wide variety of deposit and payment methods, and players will likely have no issue funding their account.
In terms of credit card deposits, BetOnline accepts both Visa and Mastercard deposits between $35 and $500. Other payment options allow for deposits between $10 and $50,000. Currently, BetOnline does not accept Mastercard or American Express, but we encourage you to chat with a customer service representative for more insight as to how one can fund their account with these credit/debit cards.
A continual pioneer in the online sports betting space, BetOnline was one of the first sportsbooks to buy into the Cryptocurrency hype, and gamblers can easily make deposits and withdraws via Bitcoin, Ethereum and numerous other forms of digital currencies.
Should you prefer another deposit method, the customer support team was eager to offer more insight when we inquired about other payment options. As stated earlier, the minimum and maximum limits do change depending on the deposit method being used.
Do note that BetOnline does not accept PayPal at this moment.
How Do I Withdraw Money From BetOnline?
Payment methods continues to be the most important factor for those looking to select a new sportsbook, and we are constantly asked about our experiences in dealing with particular books.
BetOnline payout limits require that withdraw request be between $20 all the way up to $24,900 per request, and while we have not submitted a request larger than the maximum value, we were informed that exceptions can sometimes be made for VIP customers.
Our experience has shown that payouts at BetOnline always come through within a few days of submitting the request, and tracking numbers were always provided to allow us to closely monitor the movement of our winnings.
Much like their funding options, BetOnline’s payout methods come with different time frames, and customers looking for the quickest cashout option possible would be smart to request it in the form of cryptocurrency.
Regular payout options include Bitcoin, Litecoin, Ethereum, bank checks but asking customer service can sometimes yield other options to those with a specific request.
Does BetOnline Offer Signup & Reload Bonuses?
Both new and existing customers will find the sportsbook bonus options at BetOnline more than generous, with new players often receiving a 50% or 100% signup bonus depending on seasonality and deposit method.
BetOnline’s 50% signup bonus appears to be the standard offering to new players, good up to $1000 in bonus cash (off of a $2,000 deposit). Players may access this promotion by using promo code BOL1000 when making their first deposit between $25 and $2000, offering a maximum bonus value of $1000.
The new player signup bonus currently has a 10x rollover attached.
Players opting to make their first deposit with Cryptocurrency are currently receiving a full 100% bonus, with BetOnline matching their deposit amount dollar-to-dollar for choosing to go with the easier and faster payment method. BetOnline’s crypto bonus is accessed by using promo code CRYPTO1000 and is valid for all first time crypto deposits between $25 and $1000, with maximum bonus of $1000 on offer.
Reload bonuses are meant to reward existing players for staying loyal to the brand by offering a 25% bonus when they refund their account with $50 to $2000, offering up to $500 in bonus money. Promo code LIFEBONUS unlocks this bonus and will see the funds instantly added to a players account once properly claimed.
As standard with all sportsbooks, rollover requirements are attached to both, and these can vary with seasonality, so be sure to read the terms and conditions to understand all strings attached. Rollovers, for those that don't know, requires bettors to rebet their winnings a specified number of times before cashing out, and this practice is commonplace at nearly every sportsbook offering bonus incentives.
Aside from your standard bonuses, BetOnline regularly offers freeplays and other incentive based promotions to new and existing players. Freeplays work differently than bonuses, as rollover requirements are not always attached. Customers will have a seperate freeplay balance where they can essentially take a free wager on any game available, but sometimes are limited to a particular sport or event that is being promoted.
Those who are registered will receive mailers that offer between two and five ongoing promotions each week. You can remove yourself from these mailing list, but we found that the variety of promotions and offers made it worth the extra click or two each week given the savings usually attached.
Does BetOnline Set Betting Limits?
As an industry standard, betting limits differ depending on the type of bet in question, but even serious gamblers will find the wagering limits at BetOnline more than sufficient.
BetOnline allows for wagers up to $5000 on most basketball, baseball and soccer matches, while NFL point spread limits can go as high as $25000.
BetOnline has set up a sports betting limits page to help you stay up to date with the latest wagering limits.
Sports Betting & Wagering Options Available at BetOnline
Sports bettors will be hard-pressed to find a wagering option not on offer at BetOnline, as they house one of the widest varieties of betting lines on the web. Proud to tout their “first to market” approach to oddsmaking, savvy gamblers all know that BetOnline is one of the first sites to make lines available for matchups, often hanging lines hours before the competition.
Once in the sportsbook, the sidebar menu allows for easy navigation between sports and available betting markets. Here you will find the standard offerings, along with a few prop and exotic markets for those looking to wager on less common events.
Individual game lines and props were available for NFL, College Football, NBA, College Basketball, NHL, Major League Baseball, and various global soccer markets. Combat sports, including UFC, Bellator, and boxing were also readily available. E-Sports, darts, rugby, snooker, handball, golf and a full racebook are also offered to cater to the wider global audience that frequent the site.
Futures bets and individual player props can all be found under the dropdowns for the particular sport in question, and the offerings are what one would expect from a book of this size.
Super Bowl odds, NBA Championship odds and futures for nearly every major sporting league are available here immediately after one season concludes, and in some instances we were able to find them before the ongoing season concluded. While this might not be a decisive factor when picking a betting site for some users, it does show just how creative and forward thinking the BetOnline odds team likes to be.
Propositional betting has exploded in popularity in recent years, and BetOnline’s prop betting offerings did not disappoint. The site hosts political wagers, TV and movie specials, and numerous pop culture references as well.
Previously bettors had been able to wager on Game of Thrones episodes, Dancing With The Stars outcomes and even the crowd response to Donald Trump’s attendance at numerous sporting events.
The team behind the odds clearly follows the news, as the BetOnline twitter feed had posted a slew of odds for Trump’s Alabama vs. LSU appearance less than an hour after the announcement was made that he would attend the game.
The site offers a wide variety of wagering types to add to their already impressive array of available markets. We were pleased to find that we could place parlays, teasers, round robin, pleasers contingency wagers and action reverses all on one platform with ease.
We even put their customer service team to the test by asking them to define the difference between a teaser and a pleaser bet. Assuming that the customer service team was likely outsourced, we were pleasantly surprised when they not only answered, but sounded quite knowledgeable on the subject as well.
Bettors looking to wager on live events will be pleased to find that BetOnline has developed a section of the site to cater specifically to those looking for in-game getting options.
Here players can easily sort through events that are currently in play and the platform allows for bettors to quickly lock in bets knowing that time is a major factor when choosing to participate in live betting.
In setting up these reviews, we have seen countless sites and have checked them regularly to confirm who hits the boards first and who is leading the pack when it comes to new offerings. BetOnline continues to lead the pack in these tests and that, combined with the other reasons mentioned in this review, has seen them earn top marks here and across most sportsbook review sites across the web.
Top Notch Customer Service
Betonline offers the standard customer service options: Live chat, Email and Telephone.
All options are available 24 hours a day, seven days a week, and each method saw a desirable response time.
Tending to prefer the “Live Chat” option, we had a live agent ready to assist us moment after opening the chat box.
Without gushing too much, I was honestly blown away by the level of customer service offered at BetOnline, as we found that each person we dealt with appeared to be knowledgeable on the subject of sports betting.
As the term “customer service” implies, we are really after “service” here, but the fact that a recent conversation SportsbookAudit had with a CS rep (Screenshot Posted Above) saw a representative explain the difference between to of the more advanced betting types.
An experienced bettor might turn his nose up and exclaim that this should be the standard at any sportsbook, but let us assure you that many less reputable books will point you to another website or let you know they are only here to help you with your account issues.
BetOnline’s telephone customer service reps can be reached by calling 1-800-426-3661, and those opting to communicate via email can do so by using cs@BetOnline.ag.