WagerWeb is a offshore online sportsbook that provides its clientele with the ability to bet on sports, including Baseball, Football, Soccer, Basketball, Hockey, Tennis, Golf, Combat Sports and much more! They also have a casino that allows you to play such games as Slots, Poker, Blackjack, Roulette and many of your other favorite table games. For horse racing fans, WagerWeb provides you with a sportsbook that takes most horse racing tracks wagers.
History & Background
WagerWeb has been around the industry since 1994. They are based out of Costa Rica and serve clients all around the world. All though they will serve most clients around the world, their base clientele is from the United States.
PROS: Reasons to Bet at WagerWeb
- Clean and easy to use website
- Quick payouts
- Ability to buy up to 5 points per game
One of the most frustrating things about betting online, using an offshore sportsbooks, is when companies complicated things by making the website interface difficult to use. Many times they think they are making the website upgraded but in all reality, most of the time sports bettors are simply looking for something basic and easy to use. That is exactly what you get with WagerWeb. Their website is very easy to use and if you can follow directions, you can use their service. There are no complicated parts to the website to navigate and placing a wager will take you no more than 3 clicks.
Another feature that we like is the fact that WagerWeb has some of the fastest turnaround time for payouts in the sports betting industry. In most situations, payouts are same day!
The final reason to bet at WagerWeb is the fact that you can buy up to 5 points on most games. This is unheard of in the industry and they are one of only a few sportsbooks that will allow you to buy points, rarely up to 5 points!
CONS: Areas of Improvement for WagerWeb
- Large rollover on bonuses
- Late line releases
One of the cons that we want to mention is the fact that WagerWeb has some really large rollover requirements associated with their bonuses. A perfect example is on their initial sign up bonus, they will give you 50% bonus on whatever your initial deposit is up to $1000. If you deposit $500 and receive a $250 bonus, the rollover on that bonus is 10x. Therefore, before you can withdraw any money, you must first reach $2500. This restriction sort of forces a lot of people away as they don’t want to have to wait that long for their money.
Another area that WagerWeb needs to improve is their late line releases. It seems, mostly with some of the not-so-popular sports like combat sports, WagerWeb releases their lines very late. This works against the common bettor as most want to wager early to get the best line. This is nearly impossible with most UFC events as WagerWeb routinely posts their lines very late.
WagerWeb Bonus Details
Like any other offshore online sportsbook, WagerWeb offers various bonuses for deposits, new accounts and for promotional incentives. WagerWeb offers the following bonus structure for all of their players:
- Elite Bonus – With the Elite Bonus, you will receive 10% cash bonus or 15% free play bonus. This bonus has a 8x rollover that must be reached before any withdrawal can be requested. There are no betting restrictions with this bonus and you can use a cash bonus on any available wager options. You will get 1% cashback on your sportsbook volume every Monday, 5% on racebook volume on all major horse racing tracks and 5% on all of your casino loses.
- High Roller Bonus – With the High Roller Bonus, you will receive 20% cash bonus or 30% free play. This bonus has a 10x rollover that must be reached before any withdrawal can be requested. You will get 5% on racebook volume on all major horse racing tracks and 5% on all of your casino loses.
- High Bonus Special – With the High Bonus Special, you will receive a 50% cash bonus or 75% free play. This bonus has a 15x rollover that must be reached before any withdrawal can be requested. Be advised that this bonus has a 20% cap of your deposit amount for the largest wager you can place, until you meet the criteria for the rollover. You will get 5% on racebook volume on all major horse racing tracks and 5% on all of your casino loses.
WagerWeb Banking Options
Banking with WagerWeb is no different than any other offshore online sportsbook. They have many options available to you for making deposits and payouts. One of the nicest aspects of WagerWeb is most all of their banking options, both deposits and payouts, are within 24 hours.
The most popular option to make a deposit or withdraw is by using Bitcoin. Bitcoin is a cryptocurrency that has gained popularity due to its security features and little or no fees. Bitcoin has low minimum and high maximum amounts that you can make withdrawals with and best of all, as we said before there is no fee!
WagerWeb accepts your Visa and Mastercard for making a deposit. They will also accept debit cards and certain gift cards. The nice part about using a credit card or debit card to make your deposit is the fact that the funds will immediately be made available.
Money Transfers are available for both deposits and withdrawals. If you request a payout using a Money Transfer, you will be responsible for the fees, that range in price according to the amount you are requesting. Money transfers are only available to players in the United States, Canada and the United Kingdom.
Cashiers Check’s are also available for both deposits and withdrawals however we do not recommend you using this option as there are high fees associated with the withdraws. You can request 2 check payouts per week for a maximum of $6,000 per week. If you decide that you want a check mailed to you, it will cost you a $50 fee plus it will take 2-3 weeks for you to actually receive your winnings.
WagerWeb offers customer support to their clients from the hours of 10am ET until the last halftime of the final game of the evening. They are one of the only offshore online sportsbooks that I know of that do not offer 24 hour/7 days a week/365 days per year customer support.
Customer Support Agents at WagerWeb are bilingual, speaking English and Spanish. There have been times when we have contacted WagerWeb and there have been sort of a language barrier but for the most part, you are able to understand what they are saying.
You can contact customer support via Live Chat, email and telephone. To contact WagerWeb Customer Support for deposits or payouts by phone, you can call 1-800-397-4319 or 1-888-464-2387. If you wish to open a new account, you can contact them at 1-800-326-6088. If you are wanting to call in regards to bookmaking, please use one of the following numbers: 1-877-512-7095, 1-800-701-2381 or 1-855-924-3793. If you would like to fax them something, please use 1-877-848-6582. To contact WagerWeb by email, use [email protected]
Public View of WagerWeb
WagerWeb has had their issues and have somewhat of a shaky public view. A simple Google search will result many complaints of the company taking winnings from their players for various reasons and they still have the syndicate betting rule that affords them the ability to take winnings from those that they believe are “Professional Gamblers”.
WagerWeb’s social media reach is moderate. They have just over 1,000 Twitter followers and their engagement on Twitter is fair. They run a lot of sports polls but the actual amount of tweets that they post are limited. They would greatly improve their engagement by posting more frequently.
On Facebook, they have just over 800 followers and they post a decent amount of posts pertaining to sports but their engagement is very low. There are times when they go several days without any engagement and its somewhat lacking.
WagerWeb will most likely never be one of the top offshore online sportsbook basically because of the abundance of complaints regarding their past issues but they are moving forward and progressing in ways that make us optimistic. They are not for the professional bettors but for a casual or part time gambler, they are a fine option. They offer a standard bonus structure that is generous, however they do have those large rollover requirements attached to the bonus. We do recommend them for the casual bettor as they offer decent bonuses that allow you to bet more often and have fun betting on your favorite sport.Bet Now at WagerWeb