BetOnline Sportsbook Review
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BetOnline is one of the oldest providers of online sports betting and casino gaming. The company was founded in 2004 and its headquarters are located in Panama City. The company operates internationally, accepting wagers from bettors who live all over the world.
BetOnline was the first online betting operator to accept a wager placed at Mount Everest. The bet was placed by an experienced mountain climber and the company kept its promise to donate $20,000 after accepting the wager, despite the fact that the bet eventually won.
Bettors can place wagers through BetOnline’s website, but there’s also an option to download the sports betting client which will allow you direct access to the betting platform from your desktop. The software is free and it can be downloaded directly from the website.
Sports are divided into main sports and other sports at BetOnline. The main sports category includes hockey, baseball, basketball, football soccer and tennis. Betting on eSports is also available and there is a separate page for horse race betting. While the list of featured sports is in no way short, it has to be said that there are operators which offer betting on a wider range of sports.
Major leagues and events are available for betting, especially for the main sports. There aren’t too many betting markets at BetOnline, this operator limits itself to ‘match winner’ and ‘over/under’ markets with few other options on certain matches. The odds can be displayed as American, decimal and fractional.
Once you’re registered, you can add selections to your bet slip, simply by clicking on them. If there’s a wagering limit lower than the usual for a certain selection it will be market with an ‘o’. You may add multiple selections to a single betting slip and then choose the type of bet that you want to place.
At BetOnline you can place a straight bet, a parlay & robin bet, an If bet & reverse, and teasers and pleasers. Up to 15 selections can be added to a parlay bet. A teaser is a bet similar to a parlay, where the line is adjusted in your favor, which makes it easier for you to win. However, the odds are decreased as well. A pleaser is an opposite of a teaser where the lines are adjusted in the opposite direction. An ‘If’ bet is a bet consisted of two parts, only if the first selection (if selection) wins, the winnings, or a fraction of the winnings is then wagered on the next part of the bet.
BetOnline allows live betting on events of the main sports and some of the other sports. If you click on the red ‘Live’ banner, you will be able to see all the upcoming days for that day on which live betting is offered. If there is a game that’s already underway you will see the possible markets and selections, as well as the odds. Selections are added to the bet slip simply by clicking on them, just like with pre-match betting.
Owners of Android, iOS and Blackberry smartphones and tablets can place wagers at BetOnline. There’s no need to download any apps or software, and all that is necessary is to open the website in your mobile browser, choose what you like to bet on and then place a wager. In addition to betting on your smartphone or tablet, you can also call in directly and place your bet through a wagering clerk.
All new bettors at BetOnline can claim a 50% Welcome Bonus on their first deposit by using the bonus code NEW2500. The minimum required deposit is $50 and the maximum amount that you can receive is $2,500. The wagering requirement is x10 and you must use the bonus amount in full before you can claim other bonuses. The first withdrawal can be made 30 days after the bonus has been claimed.
BetOnline gives its bettors a lifetime bonus guarantee which allows them to get a 25% bonus on every deposit. The minimum qualifying deposit if $50 and the maximum bonus amount is $1,000 per individual deposit. The bonus code is LIFEBONUS and the wagering requirement is x6. Bettors can claim the bonus whenever they make a deposit, but they can’t request a withdrawal in the following 30 days after they’ve received a bonus.
Customers who send their friends to BetOnline will earn $100 for every friend that has joined the sportsbook and made a deposit. There are other promotions and bonuses that are offered by BetOnline. Bettors who make their first live bet are entitled to a refund up to $25 if their first live bet loses. A similar bonus, up to $50 is offered on the first mobile bet as well. BetOnline also offers few racetrack bonuses for horse racing fans.
BetOnline accepts payment methods that are traditionally accepted by other betting sites, such as credit and debit cards and popular e-Wallets such as Neteller. But, BetOnline also accepts payments made via Bitcoin and Litecoin, the two most popular crypto-currency and that is a big plus for this operator, since there are many bettors who prefer non-standard payment methods that guarantee their anonymity and safety.
The minimum and maximum deposit and withdrawal limits may vary, depending on the choice of currency. The minimum deposit if you’re using your credit card is $50, but if you’re making a deposit using Skrill or Neteller, the minimum amount is just $10. When it comes to withdrawals, the minimum amount that you can withdraw is $20 if you’re using Bitcoin and $25 for Neteller. The maximum amount that you can withdraw in one week is $24,900 if you’re using book to book or bank transfer.
The waiting period for transactions to be processed may vary. Deposits made via Bitcoin, credit cards, Neteller and few other methods are processed instantly. Withdrawals may take up to few days depending on the chosen method. Cheques, for example, are delivered within 7 working days, whereas bank wire transfers may take up to 15 days.
BetOnline’s customer support team is active 24/7, so if you have any concerns regarding payments, bet settlement, or simply have a question on any related issue, you can contact them either via the toll free phone number, or via email. A live chat window can also be opened, as soon as you choose what you’d like to talk about. The website also features an FAQ page where many questions that might be of interest to the customers are answered.
BetOnline is a reliable betting provider with over a decade of experience in the industry. It is one of the most popular betting operators in Canada and North America in general and despite the fact that it offers fewer sports than some other operators, it still covers all the sports that are of interest to Canadians. The Welcome Bonus is particularly favorable and there are quite a few bonuses that can be claimed. Numerous payment methods are accepted, including crypto-currencies.
No, once you place a wager, you are no longer able to cancel it or change it, that is why it is wise to check before you place a bet and make sure that you’re not making a mistake.
The lowest amount that you can place on a bet if you’re betting online is $1. However, if you’re placing a bet over the phone the minimum amount is $25.
No, free bet bonus amounts can only be wagered on football (only certain competitions), basketball (only NBA, WNBA and NCAA), MLB, NHL, cricket, soccer, boxing, UFC and tennis.