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BetOnline Review

Welcome to our BetOnline sportsbook review. Did you know that estimated 300 billion dollars' worth of wagers are placed every year in the United States? BetOnline is part of this continuous churn of money and wagers. In operation since 2004, this website has gone a long way, and we've been around for long enough to play-test it ourselves, committing wagers and often ending up with a solid win under our belts.

History & Background

Betonline is a full casino with table games, slots, and poker rooms as well as a sportsbook. In operation since 2004, it is one of the more experienced sites on the web and it’s sportsbook has always enjoyed a good reputation. There have been some bad press popping up from time to time but nothing that was ever that serious or wasn’t fixed in due time. The online gambling industry is a young one and has always been growing and the same can be said for Betonline. They have made mistakes in the past. There were questions about security, however, these have been easily addressed and are years in the past. With these problems in their rearview, Betonline is now one of the most popular online gambling sites, especially it’s sportsbook.

BetOnline
Official Website
https://www.betonline.ag
Payments Accepted
Bitcoin, Litecoin, Ethereum, Visa, Mastercard, Am Express, Wire Transfer, Moneygram, Money Order, Western Union
Minimum Bet
$1
Date Launched
2011
License Certifier
Panama City, Panama

PROS: Reasons to Bet at BetOnline

  • check Great point spreads and odds
  • check Fast payouts and Bitcoin banking
  • check Powerful mobile betting platform
  • check Excellent bonuses that clear easily
  • check Many sporting events covered
  • check Live betting platform
  • check One of the largest traffic sportsbooks

The popularity of a sportsbook will always help give you the point spreads and odds you need to be successful. The more action there is, the more a line moves and BetOnline has successfully developed a betting platform where the odds continue to churn, so spotting your next winning wager is a breeze.

To best capture this action, BetOnline provides you with an exciting range of sports odds, payment options, and of course – Live Betting. There are over 20 sports you can place a wager on, providing you with a great choice indeed.

CONS: Areas of Improvement for BetOnline

  • cross Check & bank wire thresholds are too high

BetOnline has come a long way since 2004. Caught in a few controversies of its own, the sportsbook has cleared its act and come forth as an example of a modern and transparent operator.

They provide bettors with accessible around-the clock options to place a wager on multiple outcomes. The only fault we could find with the sportsbook was that we would have to cash out at least $500 to be able to withdraw with a check or a bank wire.

betonline bank wire check withdrawal image

This has more to do with inherent difficulties to the U.S. financial system as opposed to BetOnline’s own policy. For all other methods, you can cash out quickly in increments of $20.

On the plus side, a bank wire allows you to cash out almost $25,000, the sportsbook’s highest.

BetOnline Bonus Details

No sports betting experience is complete without a proper bonus to top off your bankroll and allow you to quickly build up your casino funds. BetOnline brings several distinct offers that help you add something extra to your betting balance, whether you are a new player or an existing member.

Promotional Offer Promo Code Deposit Maximum Amount
50% Welcome Bonus BOL1000 $25 $1,000
100% 1st Time Crypto Bonus CRYPTO100 $20 $1,000
35% Crypto Reload Bonus CRYPTO35 $20 $1,000
25% Lifetime Bonus LIFEBONUS $50 $1,000
$25 Risk-Free Player Props Wager E-mail support $25 $25
Mobile Betting $50 Free Play E-mail support $50 $50
Live Betting $25 Free Play E-mail support $25 $25
Refer a Friend N/A $25 $200

For some of the bonuses, you will need to contact customer support at a specified e-mail and use a special headline as your subject. You will be then credited the bonus amount within a few hours at the latest.

50% Welcome Bonus


Players that choose to deposit as part of the 50% Welcome Bonus offer, will receive a bonus amount up to $1,000 on their first deposit. To qualify for the bonus, you will need to deposit a minimum amount of $25.

There are several specific conditions associated with the bonus that need to be observed, so that you can benefit from the full offer:

  • Deposits made via Skrill and Neteller do not qualify for the offer
  • The deposit comes with a 10x rollover requirement
  • No other free play offers must be currently active on the account
  • The validity date expires 30 days after the bonus has been grantedNo other free play offers must be currently active on the account

This bonus applies solely for the sportsbook and cannot be used in the racebook.

100% 1st Time Crypto Bonus


If you have been toying with the idea of betting with cryptocurrencies, but don’t know the industry too well, BetOnline will offer you an extra incentive with the 100% 1st Time Crypto Bonus.

You can use a number of cryptocurrencies to bet with, including:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Dash
  • Litecoin

This is a 100% bonus offer on your first deposit and you must use one of the designated cryptocurrencies to deposit to make sure you are eligible for it.

To qualify, you will need to deposit the crypto equivalent of at least $20. The rollover requirement is 14x. Any other free play bonuses must have been used up before you claim this bonus.

The offer applies to players in the United States and Canada only and the validity date is 30 days after claiming the promotion.

35% Crypto Reload Bonus


If you are keen on recharging your account, the 35% Crypto Reload Bonus has you fully covered. You will need to deposit with one of the cryptocurrencies that the sportsbook accepts.

The qualifying minimum deposit is $20 and you can receive up the equivalent of $1,000 in cryptocurrency depending on that first deposit.

To avoid confusion, the rate of each cryptocurrency is fixed as of the time of the deposit – and withdrawal, for that matter, so you will always receive a fixed amount net worth of crypto.

Here are some of the other requirements about the bonus that you must know:

  • You can only deposit with one of the specified cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin
  • You must deposit the equivalent of at least $20 of cryptocurrency at current exchange rates
  • There is a 6x rollover requirement which will help you clear any bonus quickly and without any extra hassle

The reload bonus is an unlimited offer and you can qualify for this bonus multiple times as long as you meet the requirements and currently have no other free plays running.

25% Lifetime Bonus


Wouldn’t it be perfect if you could just find an online sportsbook where you can receive a small bonus on every deposit? BetOnline lives up to that expectation with the 25% Lifetime Bonus.

You receive a 25% top off on your deposit every time you deposit as long as you reach the minimum qualifying amount – $50.

You can get a maximum of $1,000 on a deposit and if you are prepared to invest $4,000 on a regular recharging of your account, you will get that extra top-off.

Here’s what else you need to know:

  • The bonus comes with a very accommodating rollover requirement of 6x
  • No other bonuses must be currently active to claim the Lifetime Bonus
  • You will be able to use up the bonus funds within 30 days of granting you the deposit
  • Deposits via Skrill and Neteller are excluded from the offer

$25 Risk-Free Player Props Wager


BetOnline has introduced a desktop-only props bet software that allows you to create your own prop bets.

To spread awareness about its latest technological solution, the sportsbook is offering a $25 Risk-Free Player Props Wager which is good on your first bet placed with the help of the desktop software.

You will need to place a $25 bet to qualify for the offer. If you win, you will be able to enjoy the profit, but if you lose, you can immediately ask the sportsbook for a refund. What you need to do is:

  • Send an e-mail to [email protected]
  • Enter the Account Number and Ticket Number of the bet you want refunded
  • Write “$25 players prop free bet” as the title of your bet
  • Wait 48 hours for your losing bet to be refunded

If your first Players Prop bet wins you won’t be eligible for a refund. If the initial bet you place exceeds $25, for example $40, you will still be eligible for a $25 refund should the bet loses.

There is a 6x rollover requirement, which makes this bonus highly-accessible and very easy to accomplish.

The exact same promotion applies for the Live Betting $25 Free Play which you can use with the live betting software.

Mobile Betting $50 Free Play


The Mobile Betting $50 Free Play applies to any first wager you place via a mobile device. You can bet any amount up to $50.

If your wager flops, BetOnline will return your losses once. To do this, you will need to send an e-mail to [email protected] and state your bank account and ticket number as well as use “$50 Mobile Free Play” as the specific topic of your e-mail.

If you wager less than $50, your refund bet, on the off chance you lose, will amount to the amount you wagered, for example $30.

Refer a Friend

betonline refer a friend example image
BetOnline runs an extensive and very generous Refer a Friend (RAF) program that will provide you with a decent 200% $200 bonus for every friend you bring.

The bonus will apply for any friend that you bring as BetOnline currently has no restrictions on the number of friends you can have playing alongside you.

For the bonus to be granted, your friend will need to make a minimum deposit of $25. You will have 30 days to play through the entire bonus, which is very generous timeframe. This and the fact that you only need to rollover the bonus money 5x times.

It’s important to only refer reliable acquaintances and friends who are willing to go through with BetOnline’s identity verification process. The sportsbook will revoke RAF privileges for any user who is trying to use VPN and ingenuine registrations to gain a financial edge

Limited Time Offer: March Madness (Claim Now!)

betonline march madness bonus example image
There’s a limited offer for NCAA’s Mach Madness. You can use the Refer a Friend to compete in a special Leaderboard Contest for a share of a $10,000 prize pool. What you need to do to win a top spot by referring the most friends.

Bring your friends in and enjoy free cash! The more people you refer, the higher up the rank list you will go. Overall you can win up to $4,000 for 1st place, $2,000 for 2nd place and $1,000 for 3rd. There are more cash prizes to be won for places 4 through 15 as well.

BET NOW: Limited BetOnline Offers

The Limited Contest section is one of BetOnline’s most brilliant ideas to date. The contests sprout around the time of major competitions, the Super Bowl, March Madness and other high-profile events throughout the year.

March Madness has excited quite a bit of interest. If you hurry up, you can still wager on some exceptional limited promotions, including:

  1. $25,000 Sweet 16 Bracket
  2. March Madness Refer-a-Friend Leaderboard
  3. $50,000 Bracket Madness

Each promotion is worth the effort, and you can still pluck some of the benefits. Far more importantly, though, you should get into the habit of checking the Contests regularly, as they will change from one month to the next and almost certainly provide you with brilliant sports betting opportunities time and over again.

Register Yourself at BetOnline in a Few Clicks

Registering at BetOnline is a very simple process that takes only a few clicks to accomplish. Unlike most other books, you will get everything done by filling out a quick registration form that will ask you for your name, e-mail, residence, and phone number.

Once you are done wrapping up the details, you will be sent a confirmation e-mail. Simply check your mailbox to be sure that the registration has gone through as planned and you are ready to play.

There will be a verification link in it that you will need to click. If you can’t see the e-mail, check your junk and spam folders or contact BetOnline directly.

It’s worth noting at this point that any information you provide the sportsbook with must be truthful as there will be identity checks later on to confirm that you are the actual person who is playing with the account.

As long as the information you provide is on point and truthful, you will enjoy yourself a very pleasant time at BetOnline.

BetOnline Sports Betting Products

Sports vareity has been BetOnline’s signature style for a fair while now. The sportsbook offers extensive professional, collegiate and overseas events, giving bettors enough opportunities to enjoy themselves regardless of the time of the week.

Sports Events Odds
Baseball MLB, INTL & others Spread, Moneyline, Total Points, Futures, Props
Basketball NBA, NCA, WNCAA, Europe & others
Football NCAA, AAF, NFL & others
Hockey NHL, AHL, Russia, Sweden & others
Golf Masters, Country Club Tour & others
Soccer EPL, La Liga, Bundesliga, UEFA, Serie A & others
Tennis ATP, WTA, ATP Doubles, WTA Doubles & others

Apart from the most heavily featured sports, BetOnline has introduced dozens of other sports disciplines you can wager on, from Auto Racing to Darts, Cricket, Martial Arts, Snooker, and many more.

There are over 20 possible sports to bet on, including the Olympics and less popular sports as Softball.

betonline sports betting example image

The availability of such markets will also depend on the time of the year, but you can usually enjoy hundreds of possible wagers every day, especially when it comes to the more prominent sports in the table.

Live Betting

betonline live betting example
BetOnline’s Live Betting section is one of the most comprehensive you have ever seen. The sportsbook has a very intutive navigation for this section alone. You can follow multiple events at once or just focus on a single one.

betonline live betting navigation example

As the circumstances of each individual game will change very quickly, you will be allowed to use the My Wagers menu to keep track of all your active bets.

You will also notice that there are far more markets per Live Games available than for standard sports betting options, which is another reason to at least try and study up this vertical a little more.

Here are some of the available markets for each individual sport in Live Betting. Keep in mind that they will change rather often too.

Baseball

  • Run Line
  • Moneyline
  • Total
  • Win the Rest

Soccer

  • Game Winner
  • Exact number of Goals
  • 3 Way – 1st /2nd Half Only
  • Correct Score
  • Total Regulation
  • 3-Way Regulation
  • Win the Rest 1st /2nd Half Only
  • Total – 1st /2nd Half Only
  • Next Goal in 1st /2nd Half Only
  • Next Goal in Regulation
  • Player Goals
  • Team Goals

Futures, Props and Other Bets

Apart from the traditional markets you will find at BetOnline, there are many fun new ones to explore. They are also part of the mainstream, but allow you to place slightly more customizable wagers. You can choose from:

  • Player Props
  • Game Props
  • Futures

Player props are offered at the discretion of the sportsbook and they usually feature well-known athletes.

The goal here is to guess whether an athlete will be able to achieve a particular milestone during a game.

Game props also introduce specific conditions about sporting events, although, they needn’t necessarily have to do with athletic performance.

You may bet on things such as who the halftime featured performer during the Super Bowl would be and place wagers well ahead of events next year.

Expanding the significance of game props a little, BetOnline have introduced Political props which are usually placed a year or more ahead.

betonline politics props wager example

Futures are what the name suggests – bet placed well ahead of a game or an event. They normally ask of you to support a higher risk, but the returns are far better. The earlier you place a wager, the better your win ratio will be.

There are dozens of categories that go under Futures and they are constantly added to, depending on the availability of events. On the plus side, the categories don’t change too often as a whole, as they are long-term bets.

BetOnline Future Bets
CFL Futures NBA Futures
Cricket Futures NCAAF Futures
Entertainment Futures NFL Draft
Golf Futures NFL Futures
Hose Futures NFL Regular Season
MLB Futures HL Futures
Motor Sports Political Futures
Rugby Union Futures Soccer Futures

There is also a category under Futures listed as Specials. With Specials, the bets will change rather more quickly, but they will be something trending and interesting for sure.

betonline Mcgregor betting example

In this case, we have a bet on Conor McGregor’s future. The Irish fighter has a raucous nature and a short fuse, so he has definitely brought himself a lot of negative press and a few lawsuits along the way.

BetOnline is trying to guess what his future moving forward will be, offering a return to his career in fighting sports to ending up arrested or owning a bar.

Mobile Betting

betonline mobile betting example

BetOnline offers extensive mobile bonuses that fit nicely with the overall mobile friendliness of the sportsbook. You can access and play BetOnline from a range of devices that are powered by iOS, Android or BlackBerry. You can load the mobile version manually or by scanning a dedicated QR code.

The mobile version of the website is perfect for those sports bettors who are on the go and want to enjoy fast, no-download and highly-accessible sports betting solutions.

Fantastic Navigation

Part of the success of BetOnline is the sportsbook’s ability to adapt. The operator has a distinctly modernized look which allows it to help customers find everything they need in a few clicks. You will notice that the sports section is not the only option you have here.

betonline navigation example

At the same time, it’s very easy to focus on the sports betting content. You can navigate to all pertinent section in a single click, including:

  • Sports
  • Live Betting
  • Promotions
  • Cashier/Financials
  • Bet Slip

Design wise, all your bets will be centered in the main body, allowing you to quickly sift through all available wagering options.

betonline betting navigation example

Everything in the sportsbook has been simplified for the sake of comfort. You will be able to place your wagers and build solid bets using the Bet Slip.

BetOnline’s Bet Slip

The Bet Slip is a powerful tool that allows you to place multiple wagers, build props for players and games, pick a future bet, and keep your entire betting history in check.

You can place individual wagers per multiple events or you can combine the whole bunch of them by using the Parlay option. Parlays will allow you to lump several bets together, creating even better opportunities for returns.

To successfully win a Parlay bet slip, you will need to get win all wagers that you have listed in the bet slip which carries a higher risk, but it also boosts the yields several-fold. In the grand scheme of things, it’s a very fair trade-off.

BetOnline Banking Options

Banking at BetOnline has been simplified and explained in great detail. The sports book uses special “More Info” prompts to invite players unfamiliar with specific payment methods to find out more.

Payments Bitcoin, Ethereum, Litecoin, Dash, BitcoinCash, Visa, MasterCard, Person to Person, MoneyOrders, Neteller, Skrill, Bank Wire Transfer, Cashier Check, Secure Voucher, ecoPayz, entropay, Credecard plus
Min/Max Deposit Limit $10 – $25,000
Min/Max Withdrawal Limit $20 – $10,000
Processing Times Deposits *Instant for all available methods bar Bank Wire Transfers (can take up to 3-5 business days)
Processing Times Withdrawals E-wallet – 24 hours
Credit/debit card – 3-5 days
Bank Transfer -3-7 days
Cryptocurrency – 24 hours
Mobile banking Available

There are dedicated pages that will guide you through the process if you choose to play with cryptocurrencies as well.

Another great feature is the dedicated Bitcoin tutorial featuring text and step-by-step videos explaining legitimate Bitcoin exchanges and wallets for both desktop and mobile devices.

You can always rely on the Live Chat customer support to help you smooth out any wrinkle.

betonline bitcoin banking diagram example image

As of our last update of this review, the operator offered 16 payment solutions you can deposit with and 12 options to withdraw subdivided into multiple categories:

  • Banking Cards
  • E-wallets
  • Cryptocurrencies
  • Vouchers
  • Cashier Checks
  • Bank Transfer

The minimum and maximum deposits and withdrawals vary, but they are very accommodating and you can always find a payment method that will help you sort out any financial transaction on the spot.

You can start playing with as little as $10 and deposit as much as $25,000 in a single instance. So far as withdrawals go, you will be able to cash out as little as $20 and as much as $10,000. Here’s a detailed breakdown:

Method Deposit Payout Min Max Deposit Speed Payout Speed
Bitcoin Yes Yes Deposit:$20
Payout:$20
Deposit:$25,000
Payout:$10,000
Instant 24 Hours
Litecoin Yes Yes Deposit:$20
Payout:$20
Deposit:$25,000
Payout:$10,000
Instant 24 Hours
Ethereum Yes Yes Deposit:$20
Payout:$20
Deposit:$25,000
Payout:$10,000
Instant 24 Hours
Dash Yes Yes Deposit:$20
Payout:$20
Deposit:$25,000
Payout:$10,000
Instant 24 Hours
Bitcoin Cash Yes Yes Deposit:$20
Payout:$20
Deposit:$25,000
Payout:$10,000
Instant 24 Hours
VISA Yes No Deposit:$50 Deposit:$5,000 Instant N/A
MasterCard Yes No Deposit:$50 Deposit:$5,000 Instant N/A
Person2Person Yes Yes Deposit:$100
Payout:$50
Deposit:$600
Payout:$400
Instant Up to 5 days
Money Orders Yes Yes Deposit:$300
Payout:$500
Deposit:$9,000
Payout:$9,000
Instant Up to 5 Days
Skrill Yes Yes Deposit:$10
Payout:$25
Deposit:No Limit
Payout:$9,900
Instant 48 Hours
Neteller Yes Yes Deposit:$10
Payout:$25
Deposit:No Limit
Payout:$9,900
Instant 48 Hours
Wire Transfer Yes Yes Deposit:$10
Payout:$500
Deposit:No Limit
Payout:$24,900
3 Days Up to 5 Days
Cashier Check No Yes Payout:$500 Payout:$2,500 N/A Up to 5 Days
Secure Voucher Yes No Deposit:$35 Deposit:$500 Instant N/A
EcoPayz Yes No Deposit:$10 Deposit:$10 Instant N/A
Entropay Yes No Deposit:$25 Deposit:$500 Instant N/A
credEcardplus No Yes Payout:$200 Payout:$3,000 N/A 1 – 2 Days

The majority of cashouts are processed and with you within 48 hours. In some specific cases, such as Person to Person transfers or Checks, it will take slightly longer to accomplish the transaction due to physical travel time.

Overall, BetOnline cuts a great profile as a reliable sports book where you can settle any financial transaction.

Customer Support

Looking to sort out something with BetOnline? You can rely on their customer support lines. They have a dedicated staff for the sportsbook alone, so you can always reach a helpful customer care agent who will help you with any question you might have. Hit up BetOnline at:

Public View of BetOnline

Betonline is extremely popular right now with plenty of action and bets taken every game. As mentioned before, they have had some bad press but those issues were resolved or non-issues in the first place. The loudest complaints came after they corrected a security issue which hurt people cheating their bonus system. This was over 7 years ago and the biggest take-away from the story should be how they fixed their security. As of today, the lines are great, the odds are great and the bonuses are generous. These are the reasons to support Betonline.

Conclusion

BetOnline is definitely one of the better online gambling sites you can find. Their lines are fair, their payouts are fair, and the transaction times are among the quickest in the offshore industry. Their bonuses are ample and signing up is easy.

With a versatility of regular and live betting options, a rich sports database, and inexhaustible imagination for great promotions, BetOnline are a great choice of a sportsbook.

Bet Now at BetOnline