BetOnline Sportsbook Review 2020

Overview of BetOnline Sportsbook

BetOnline is a professional sportsbook aimed at U.S. bettors. The country of Panama fully licenses it, and it’s popular for a variety of reasons. 

For example, it offers casino and poker games and comes with a few key features, including live betting and Sports Betting Edge. This section keeps bettors up-to-date with all the latest stats to help them make better betting decisions.

Numerous sports are covered, including football, soccer, tennis, and basketball, but non-sporting events – such as politics – aren’t covered. Bettors can choose from a variety of bet types, such as straight bets, teasers, and totals. At the same time, payment methods include the usual debit, credit cards, and eWallets, as well as Bitcoin, Ethereum, and Litecoin. 

Things To Consider Before Signing Up

Before you sign up for any betting site and place your bets online, you must consider a few things. For example, check the welcome bonus to make sure you’re not getting the short straw. The bigger the welcome bonus is, the more fun you’ll have straight away. 

However, focusing only on the welcome bonus is a short term strategy. Other things make up a good sportsbook experience. For example, check the wagering requirements, so that you don’t get burned. The smaller the wagering requirements are, the more of your bonus winnings you get to keep. 

Other things to look out for include sports variety, promotions, and whether or not the site offers other betting options, such as casino and poker opportunities. All of these things give you an idea of how established a betting site is. 

Markets and odds, meanwhile, can determine how much of a good time you have at a betting site, as well as what kind of value you’re getting. 

BetOnline Broken Down: What It’s Got?

Let’s take a closer look at what BetOnline Sportsbook has to offer. 

Sports You Can Bet On

BetOnline gets the thumbs up from us when it comes to the number of sports you can bet on. All the popular ones and markets are here, including football, soccer, ice hockey, baseball, basketball, and tennis. 

Niche ones are here as well, such as darts, martial arts, and even pool. 

Here’s a full rundown of the sports you can bet on: 

Live Betting

When you bet online, it’s always better when live betting is on offer. Live betting (in-play) is available at BetOnline, and there’s no need to download or install any additional apps to access it. 

There are plenty of live betting options to choose from, and it’s available for the main sports (football, soccer, basketball, tennis). However, there aren’t as many in-play options as some rival sites, and it doesn’t have the complexities that pro bettors will be used to. 

What we do like, though, is the fact that you can choose which games you want to monitor. This is ideal for when things suddenly change during a match because it means you won’t miss a betting opportunity. 

Casino 

BetOnline’s casino is separate from its main site. It looks more glamorous and “classy” and comes complete with table games, video pokers, slots, and skills games. A live casino is also available. 

We liked how organized the table games were, but some gamblers will be a bit disappointed to learn that there are only 19 slots on offer. On the flip side, BetOnline gets the thumbs up for their 3D slots, which are varied and lots of fun. 

The skill games section, meanwhile, includes games like Gin Rummy, Tonk, and dominoes. And instead of competing against the house, you battle other players. It’s a lot of fun. 

And to get the action started, BetOnline treats you to a 100% welcome casino bonus if you deposit at least $25 after registering. 

Poker 

BetOnline poker is part of the Chico network. It’s functional, very user-friendly, and has a good amount of traffic so that you’re guaranteed to be playing in a competitive atmosphere. Moreover, the software that BetOnline uses has been created specifically for their poker rooms, and to that end, they look unique. 

Video poker is available at BetOnline. The high-quality graphics are a major benefit to those who enjoy a slick online poker experience, while the vast amount of gaming options (just less than 20) is also a big plus point. 

There’s also a 100% poker welcome bonus on the table for new players. 

eSports 

You can bet on eSports at BetOnline. In terms of variety, there isn’t a huge amount, but all the popular titles are here, including DotA and League of Legends. 

The site has recently added new titles for soccer and basketball fans, and these include FIFA and NBA2K. 

And unlike many rival sites, BetOnline provides a link to a live Twitch stream for many of their eSports so that you can keep up with the action. We think this is a great touch that will go down well with those who enjoy live betting. 

Payment Options 

BetOnline is a very forward-thinking sportsbook and was indeed one of the first in the U.S. to add cryptocurrencies as a payment method. In 2020, you can deposit using Bitcoin, Litecoin, and Ethereum. Processing time is under 48 hours for each of these, and the minimum deposit is $20. 

For those who prefer instant deposits, there’s Skrill and Neteller. VISA and MasterCard are also available, though again, the processing time can take 48 hours or less.

In terms of withdrawals, the same payment options are available. However, while there are no fees involved, if you withdraw via a cryptocurrency, Skrill withdrawal comes with a $20 fee. 

It’s also worth mentioning that PayPal isn’t offered as a payment option, which will surely disappoint some bettors. 

Customer Service

Excellent customer service is often the reason we sign up for a betting site. At BetOnline, we have nothing but good things to say about their customer service. While it’s unclear what the exact hours are, their telephone service is available throughout the day, and the team is polite, helpful, and works very quickly to resolve your concern. 

We also like the fact that there are different customer support teams for different sections. For example, there’s a customer support team specifically for poker, one specifically for the casino, and so on. 

Bonuses and Promotions at BetOnline 

There are a variety of bonuses and promotions on offer if you sign up to BetOnline. At the time of writing, here are some of the best ones: 

What Are Others Saying About BetOnline?

For the sake of fairness and balance, we like to take a look at what other customers are saying about the sportsbooks we review. 

When it comes to BetOnline, customers, in general, have issues with the fees and withdrawal process but have good things to say about the layout, sports variety, and customer support. 

BetOnline Sportsbook FAQ

Is BetOnline Legit?

BetOnline has been around for almost three decades. It started life as a poker book and expanded into a sportsbook in 2004. It’s one of the most trustworthy and legitimate betting sites we’ve come across. Yes, some people will lose money, but others will win. Whatever happens, we can say with confidence that this isn’t a scam site. 

Is BetOnline Safe?

Like all reputable betting sites, BetOnline takes your safety and security very seriously. The company is fully licensed and regulated in Panama, and their website is safe and secure. We have no concerns on this front and are sure your banking details will be in good hands if you sign up.

What Are BetOnline VIP Points? 

VIP Points are BetOnline’s very own rewards/loyalty scheme. The more you play, the more points you will accrue. It’s that simple.

However, some users have trouble understanding how to use their VIP points, as it isn’t apparent on the main website. Your VIP points can be used in specific poker tournaments, but it’s also worth mentioning that BetOnline occasionally suspends the usage of these points. 

Therefore, it’s a good idea to use your points when you can, or just to keep “saving them for a rainy day.” 

How Fast Are The Payouts?

It depends on which payment option you’ve selected. Cryptocurrencies (Bitcoin, Litecoin, and Ethereum) take just 24 hours or less, while Dash takes even less than that (only an hour). 

However, Neteller and Skrill both take at least 36 hours, while bank wire or P2P takes between 5 – 15 business days.

As mentioned, PayPal isn’t available. 

Can I Bet On Non-Sporting Events, Such as The Election? 

No. BetOnline’s sportsbook is specifically for sporting events. There is also a casino and poker book, and you can even gamble on skill games. 

Can I Bet Outside The U.S.?

Yes. While BetOnline is popular with U.S. bettors (and is legal in all states), it can also be accessed in most other countries. There are a few exceptions, and these include Nigeria, Pakistan, Egypt, and Ghana. 

Make sure to check whether or not BetOnline is legal in your country before you sign up. 

Any Betting Limits?

The maximum pay on parlays is $150,000. The maximum amount you can win in 24 hours, meanwhile, is also $150,000.

BetOnline Review: Final Verdict

BetOnline is ideal for U.S. based bettors who enjoy betting on a variety of games, and who enjoy playing casino and poker games, too. There are some great welcome bonuses to get you started, and the user-interface is professional, and payouts are reliable. We also like their customer service.

It’s disappointing that there are deposit fees for bank transfer, which the lack of PayPal might put some off. Overall, we can’t fault BetOnline too much and recommend it as a sportsbook. 

If you’re interested in this sports betting site, the next step is to pop over to the website, create an account and grab a welcome bonus.