BetOnline Sportsbook Review for 2020

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Pros
  • Earliest sportsbook to post odds on games
  • Baseball odds among the best in the industry — dime line up to -184
  • Large betting limits

Cons
  • 10x rollover on welcome bonus (14x rollover on Bitcoin deposit)
  • Average user interface
  • Cashier’s Check and Wire Transfer withdrawals require $500 minimum

Overview
Founded:  2001, Panama
Email:  cs@BetOnline.ag
Countries Served:  BetOnline primarily serves the United States, Canada and Mexico, but is available worldwide, except for Australia, France, Malta and Panama 
Telephone:  1-888-426-3661

Bonuses and Promotions
BetOnline has a 50% welcome bonus for first-time clients, and (for USA and Canada clients only) also offers a 100% bonus for first-time cryptocurrency deposits.  The bonus takes the form of a free play, and the maximum bonus amount is $1000.  BetOnline’s rollover requirements are 10x for non-cryptocurrency deposits, but 14x when you use cryptocurrency.  

After a client has joined BetOnline, the bonuses don’t stop.  In fact, BetOnline has a 25% reload “LifeBonus” for USA and Canada residents (and it’s 35% if you use cryptocurrency).  Just deposit a minimum of $50 (or $20 with crypto), and you’ll get your reload bonus.  The maximum bonus is $500, but is $1000 if cryptocurrency is used.  And BetOnline’s LifeBonus has a reasonable 6x rollover (8x with crypto).

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Deposits and Withdrawals
BetOnline has the widest range of deposit options, including five different cryptocurrencies (Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple).  The minimum cryptocurrency deposit is $20, while the maximum is $100,000.  Additionally, BetOnline accepts deposits via credit/debit card ($50 min/$2,500 max), cashier’s check ($1,500 min/$15,000 max), wire transfer ($1,000 min/no max) and person-to-person ($100 min/$600 max).

Withdrawals are fast and easy at BetOnline.  Cryptocurrency withdrawals are free, and your money will be in your e-wallet within 24 hours.  Other payout options include cashier’s check (subject to a 3% fee (minimum fee is $50)), bank wire (also subject to a 3% fee (minimum fee is $45)) and person-to-person.  The maximum withdrawal amounts vary by method, but are as high as $3,000 for crypto and bank wire, and $2,500 for cashier’s check.

Odds
BetOnline’s #1 feature is that it’s the EARLIEST (on average) to post the odds across the industry.  Why is that important?  Because if you’re a sharp player like myself, you want to be able to bet into the soft lines first, before they’re attacked by other sharps!  It’s especially key during the college basketball season when BetOnline will be out with its lines an hour or two before the other “fast” sportsbooks (like BookMaker).  And when you’re the ONLY sportsbook in the world with odds on a game, then, ipso facto, your odds are unique.  For this reason alone, BetOnline is a “must-have” sportsbook for line shoppers.  Once the other sportsbooks release their odds, then BetOnline’s numbers do fall in line with the rest of the industry, and are no longer unique.  But just for that initial betting window, having a BetOnline account is worth its weight in gold.

BetOnline also has dime line odds on baseball games (up to -184), which rank among the best in the industry.  For football and basketball, BetOnline has standard -110 odds.

User Interface and Mobile Betting
BetOnline’s user interface reminds me of that old crop of AT&T television commercials that used the tag line “just OK is not OK.”  To be fair to BetOnline, its “just OK” user interface is actually good enough for me.  But it’s not as nice as, say, the platforms at Bovada or MyBookie.  And one annoying feature at BetOnline is that it actually does have a search bar at the top of its page for you to search for the game you want.  But unlike Bovada’s and GTBets’ search bars, where you can just enter a team’s name, at BetOnline, you have to enter a rotation number to search for a game (which sort of defeats the entire purpose of making a search fast and easy).

BetOnline’s mobile betting platform is decent, and is compatible with iOS and Android.

Betting Limits
Large bettors will love playing at BetOnline.  It will take upwards of $50,000 on an NFL side, $30,000 on an NBA side, $25,000 on a college football side, and up to $10,000 on major sports like soccer, MLB and golf.  Hockey ($6,000) and college basketball ($5,000) are a little bit lower.  Another nice advantage for BetOnline clients is that they can re-bet after hitting the maximum by waiting 61 seconds, or for the odds to change, whichever comes first. 

Live Sports Betting
BetOnline offers live betting for all the major USA sports, and also has a “Quick Bet” function for fast betting.  BetOnline is surely a Top 5 sportsbook for its early odds and high betting limits, but rates just average in the live sports betting category.  

Additional and/or Unique Offerings
BetOnline’s casino and poker room are solid, with great graphics, and include all the games players have come to expect, like blackjack, baccarat, and roulette.  BetOnline also has a customer-friendly racebook, which gives up to 7% in daily rebates on losing wagers (though it gives less than, say, MyBookie (8%)).  Finally, BetOnline has a nice menu of “fun” entertainment and political prop bets.

Customer Service
BetOnline’s customer service team might be the best in the industry.  Whenever I’ve had a question, its representative has sent a real response (as opposed to just cutting-and-pasting a generic answer), and has sent it f-a-s-t!  You can reach BetOnline 24/7 via live chat, telephone (1-888-426-3661) or email (cs@BetOnline.ag).

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