BetOnline Review2020-06-25T14:11:20-06:00
Betting Sites » BetOnline Review

BetOnline Review

Last Updated on June 25, 2020

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  • Impressive Reload Bonuses
  • Multipule Deposit Options
  • Largest Wagering Limits for Canadian Players
  • “First to Market” Early Odds


  • Largely Focuses on US Sports
  • Credit Card Deposit Fee of 6.5%
  • 30 Day Withdraw Restriction After Appling Bonus

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, BetOnlineag 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.

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, the BetOnline review returned among our best grades for any book.


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Is BetOnline Legal?

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. They have one of the best reputations in the sports betting industry. Not only are one of the top shop among players, they’re frequently quoted by websites like ESPN, Sports Illustrated and many other places in the mainstream media when they need information on odds.

Where Is BetOnline Located?

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.

Is Legal In Canada?

Yes, BetOnline is legal in Canada, and sports bettors from every province and territory can open an account and deposit money freely with the sportsbook. BetOnline, which is sometimes referred to as BetOnlineus, 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, CA players can legally bet at BetOnline with no real concern.

BetOnline Deposit Bonus

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. If you read any BetOnline reviews, one of things that reviewers give them high marks for is their deposit bonus.

BetOnline’s 50% signup bonus appears to be the standard offering to new players, good up to CAD$1,400 in bonus cash (off of a CAD$2,800 deposit). If you’re thinking to yourself “How do I use my sports bonus on BetOnline?”, players may access this promotion by using promo code BOL1000 when making their first deposit between CAD$35 and CAD$2,800, offering a maximum bonus value of CAD$1400.

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 Sportsbook 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 CAD$35 and CAD$1400, with maximum bonus of CAD$1400 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 CAD$70 to CAD$2,800, offering up to CAD$700 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, 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.

BetOnline Betting Website & Platform Review

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.

User Experience

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.

BetOnline App and Mobile Website

Although there is no BetOnline 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.

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. A lot of BetOnline ag reviews tout their “first to market” approach to odds-making and we consistently found that they open the lines before anyone. 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.

Game Lines and Game Props

Individual game lines and props were available for CFL, 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.

BetOnline Game Lines and Game Props

Betting Futures

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.

CFL Championship Odds, 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.

BetOnline Futures

How Do I Deposit Money On BetOnline?

Deposit Methods

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 CAD$50 and CAD$700. Other payment options allow for deposits between CAD$14 and CAD$70,000. 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.

BetOnline Deposit Options

Prop Betting

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.

BetOnline Prop Betting

Wagering Types

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.

Live Betting

Bettors looking to wager on live events will be happy to find that BetOnline has developed a section of the site to cater specifically to those looking for in-game betting 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.

How Does BetOnline Payout Work?

Withdrawal Methods

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 CAD$30 all the way up to CAD$35,000 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 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 CAD$7,000 on most basketball, baseball and soccer matches, while NFL point spread limits can go as high as CAD$35,000.

BetOnline has set up a sports betting limits page to help you stay up to date with the latest wagering limits.

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. As part of our review, we even put their customer service team to the test. We asked 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.

BetOnline Customer Support


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.

BetOnline FAQ

Is BetOnline Legal?2020-04-19T12:56:17-06:00

BetOnline is a completely legal online sportsbook. While they’re an international company, they are fully licensed and regulated. Since opening their doors in 1991, they have built one of the best reputations in the business.

Where Is BetOnline Located?2020-04-19T12:56:43-06:00

BetOnline is based out of Panama, which is a country in Central America. They’ve been in business since 1991 and have grown into what is arguably the biggest sportsbook in the industry today.

Is BetOnline Legit?2020-04-19T12:57:06-06:00

BetOnline is a completely legit online sportsbook, which is why you see so many websites like Forbes, ESPN, Food & Wine and many others reference their betting odds for all of the major sporting events.

How Do You Get Free Play On BetOnline?2020-04-19T12:57:25-06:00

You get your free play at BetOnline by simply placing your bets. If your bet ends up losing, contact with your account number and the ticket number. Remember, different free play promos have different ruls.

Avg. Rating: 98%

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50% First
Up to $1000
Use Bonus Code: BOL1000    Minimum $25 to Qualify

Terms and conditions apply

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