BetOnline Review

by Bookmakers Review | Updated October 8, 2021

Our Verdict

BetOnline is one of the best online sportsbooks in the business. BetOnline offers quicker payouts than the vast majority of its rivals, and the sportsbook offers high-quality odds on a huge range of sporting events. BetOnline is not perfect, as the poker product has received complaints, but overall this would make an excellent choice for seasoned bettors and newcomers alike.

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Pros
  1. Opinionated Lines
  2. Early to release Odds
Cons
  1. Poker product has been subject of complaints
country-not-accepted-icon Costa Rica CR Sports Bettors Not Accepted

BetOnline is renowned for offering unique lines, a competitive suite of bonuses and high-quality customer service. The team has invested heavily in refining the offering in recent years, and it now offers live streaming and in-play odds on a huge range of sporting events. It also processes withdrawal requests within an hour, so you can enjoy same-day payouts via certain payout methods.

The BetOnline review will explain the sign-up process, break down the various bonuses, explain your banking options and rate the mobile experience. The team at BookmakersReview (BMR) has delved deep into the range of sports covered, the wagering limits and the strength of the customer service, and you will receive a detailed report on each category. You can then make an informed decision about whether you want to sign up for an account with BetOnline.

BetOnline Sportsbook Sign-Up Process

The sign-up process at BetOnline is quick, convenient and simple. Click on the lime green “JOIN NOW” button at the top right of the homepage to trigger the registration form. Enter your name, email address, phone number and date of birth, choose a password and click “Create Account”. You will receive a verification email. Click the link to confirm your email address, and then you can claim your welcome bonus and start betting. You may be asked to provide documents for a standard KYC process.

Banking

Currencies Accepted

USD BTC

BetOnline offers you several different deposit options, but there are many clear incentives to choose Bitcoin or an altcoin. These are the deposit methods you can choose from:

Bitcoin | You can deposit $20 to $500,000 if you choose Bitcoin. It is rare to find a sportsbook that offers such a high deposit limit. Bitcoin deposits are fast and free, and they entitle you to a larger welcome bonus, so this is a common deposit method.

Altcoins | You can deposit $20 to $100,000 into your account using Ethereum, Litecoin, Bitcoin Cash, XRP (Ripple) or Stellar. Litecoin offers very low network fees, so it is a popular option among crypto users.

Credit and Debit Cards | BetOnline accepts Visa, Mastercard, American Express and Discover. Most sports betting sites allow Visa and Mastercard, but American Express and Discover are not as common. The limits are $50 to $5,000 for credit and debit card deposits.

Person to Person | You can send a P2P transfer from $100 to $600. BetOnline will cover the fees for deposits of $300 or more, but you will be charged for smaller deposits.

Money Order | You can use a paper money order after handing over cash or another form of guaranteed funds at the post office, Walmart, Western Union or a convenience store. The limits are $300 to $9,000.

Wire Transfer | BetOnline customers can deposit an unlimited amount of money via a wire transfer. The minimum is $1,000, but there is no max deposit. Just bear in mind that it will take three to five days to reach your account.

Cashier’s Check | BetOnline accepts cashier’s checks worth $1,500 to $25,000. You can send one via FedEx, DHL or UPS, but not USPS.

Deposit Methods Min Max Fee Comments
Visa $50 $5,000 Variable
Mastercard $50 $5,000 Variable
Bitcoin $20 $500,000 Free
Amex $10 $5,000 Variable
Discover $50 $5,000 Variable
Ethereum $20 $100,000 Free
P2P $100 $600 Variable
Litecoin $20 $100,000 Free
Bank Transfer $1,000 No max $50
Cashiers Check $1,500 $25,000 Variable

You also have a number of convenient withdrawal options at your disposal:

Bitcoin | Bitcoin is the easiest way to get paid out at BetOnline. Payouts are fast and free, the minimum withdrawal is $20, and you can request up to $100,000. BetOnline.ag offers a comprehensive guide to setting up a crypto wallet, buying and transferring Bitcoin and altcoins and using your crypto to make deposits and withdrawal requests. We received our funds in less than 24 hours when we tested out the Bitcoin withdrawal process for this BetOnline review.

Altcoins | Ethereum, Litecoin, Bitcoin Cash, XRP or Stellar are all available as withdrawal methods. The minimum is $20 and the maximum is $100,000. All crypto withdrawals are free.

Wire Transfer | You can request a wire transfer from $500 to $25,000. However, you will be charged a fee of either $45 or 3%, and you will have to wait for up to 15 business days to receive your funds, so this is not one of the more appealing banking methods.

Person to Person | P2P payouts requested before 1PM EST will be available within five business days and must be picked up within 10 days. The limits are $50 to $400.

Check by Courier | BetOnline can courier you a physical check worth $500 to $2,500. However, $50 fee applies on payouts under $1,500 and a 3% fee applies on payouts of $1,500 or more. The fee will be deducted from your bank balance.

Withdrawal Methods Payment Time Fee Comments
Bitcoin Free
Ethereum Free
Litecoin Free
Bank Transfer $80
P2P Variable
Cashiers Check $50

BetOnline offers an impressive amount of wagering options.

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BetOnline’s User Experience

BetOnline invested in a sweeping overhaul of its sports betting platform in 2021, leading to a drastic improvement in the user experience. The new design was a lot clearer and more attractive. The pages previously looked a little lifeless and cluttered, but that is no longer the case. The upgraded software is slick, the site now feels polished and navigation is effective.

The main sports are listed at the top left of the homepage, and you can click to see an A-Z of the other sports covered. There are separate tabs for game props, player props and futures, which aids navigation. You will not find a search function, which would be a nice addition in future, but overall it is quick and easy to find games. Icons at the top of the screen provide shortcuts to the sportsbook homepage, live betting, casino, racebook, poker, esports, contests, and promos, while the banking section and the live chat function are easy to find.

Placing a bet is quick and easy. The bet slip populates effectively and it is easy to edit. Another nice touch for beginners is the Sportsbook 101 microsite, which can be accessed via the homepage. You can learn about a variety of bet types here. BetOnline is also renowned for actively engaging with its players on Twitter. We have reviewed many sports betting sites at BMR, and it is rare to find a sportsbook that is so quick to respond to bettors.

BetOnline Mobile Review

BetOnline does not have an app, but you can access a mobile optimized version of the site directly from your mobile browser. The development team also oversaw a sweeping revamp of the mobile site in 2021, and it has improved significantly. It follows an identical design to the desktop site, with clear text and a smooth navigation process. The design is bright and uncluttered, making it easy to use on a small screen.

We tested out the mobile sports betting site on several Apple and Android devices for the purposes of this BetOnline review. We found that pages loaded quickly and there were lots of helpful shortcuts to speed up the navigation process. You will instantly be presented with the biggest live and upcoming sporting events, so you can place wagers on those games with just a couple of taps on the screen. A dropdown menu features an A-Z of sports, and we could quickly navigate towards niche cricket, handball and rugby league games when testing out the mobile site.

You should be able to place bets quickly and efficiently using this mobile site, which is especially important for live betting. The graphics look pretty sharp, even on older mobile devices. Some players may prefer an app, but BetOnline’s mobile sportsbook is really easy to use and it offers strong functionality.

Betting Options at BetOnline

BetOnline provides a huge range of pre-game, in-play and futures wagering options. It covers all the major sports, plus several niche sports, and you can place bets on action taking place across the world.

Sports Covered

The main sports covered by BetOnline are displayed in a menu to the left of the homepage:

  • Football
  • Basketball
  • Baseball
  • Golf
  • Hockey
  • Mixed Martial Arts (UFC)
  • Soccer
  • Tennis

You can click on the “Other Sports” tab to trigger a list of the alternative sports featured at BetOnline sportsbook:

  • Aussie Rules
  • Auto Racing (NASCAR and Formula One)
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Handball
  • Horse Racing
  • Rugby League
  • Rugby Union
  • Table Tennis
  • Volleyball
  • Wrestling

That is a very comprehensive range of sports. It is pretty rare to find a sportsbook that takes bets on wrestling, for instance. You can also bet on entertainment markets such as competitive eating contests, while the politics section focuses on U.S. elections. BetOnline takes bets on financial markets and lottery draw props too, while there is a dedicated esports section, so it really does cover all bases.

Depth of Sporting Coverage

BMR has always been impressed by the depth of BetOnline’s sporting coverage. You can place bets on basketball games taking place in Australia, Lithuania, Turkey and many other countries, alongside NBA and NCAAB games. The hockey section features plenty of European action, the baseball covers games in Asia and you can bet on soccer games taking place all over Europe, Asia, Africa, Australia and the Americas. It goes deep into the lower leagues too – you can bet on the fourth tier of English soccer and the third tier of German soccer.

Betting Markets

You will always be presented with the odds for the spread, moneyline and total on any sporting event. If prop bets are available, an icon will appear, and you can click on it to trigger a list of your wagering options. You will find a large range of betting markets on NFL games, including unusual game props and player props, plus customizable head-to-heads and player statistic bets. BetOnline also offers an impressive array of NFL futures betting markets, so it is an excellent choice for football fans.

The range of betting options is more limited when it comes to basketball, baseball, hockey, soccer and so on, but you should find some interesting props on the biggest games of the week. Alternate run lines on MLB games can be valuable, and it has some interesting NBA player futures. You can use the bet slip to easily compile parlays, round robins, if bets, reverses, teasers and pleasers.

Live Betting

An icon at the top of the homepage takes you to BetOnline’s live betting section. The middle of the screen will feature the live odds on the biggest game taking place at the time, but you can click on any other sporting event to quickly see your wagering options. It features a number of sports and leagues. For example, we found basketball in Greece, tennis in Monaco, baseball in Japan, soccer in Costa Rica, table tennis in Russia and volleyball in Turkey when writing this BetOnline review.

You can click the “Watch Live” tab to enjoy live streaming on a range of sporting events or “Match Tracker” for play by play updates. The list of live wagering options is pretty impressive, as you will find regularly updated moneylines, spreads and totals, but also props and markets such as race to 10 points and race to 20 points.

Wagering Limits at BetOnline

The minimum wager at BetOnline is just $1, so it is a popular site among casual sports bettors. However, it also appeals to serious bettors with high maximum limits.

NFL fans can wager up to $50,000 on spread bets and $20,000 on moneylines and totals between Thursday and Sunday.

NBA spreads can go up to $30,000 and MLB moneylines can go to a maximum of $10,000.

Limits on other sports vary according to the league and the type of wager. However, it is possible to increase wagering limits for individual accounts by calling the player services line, so BetOnline is suitable for high rollers.

Quality of Odds at BetOnlines

BetOnline is renowned for offering opinionated lines. It regularly provides significantly different lines to those on offer at the majority of its rivals, which can yield positive expected value (EV) opportunities. EV is the amount of profit or loss you would earn by placing the same bet an infinite number of times. If you crunch the numbers and uncover a positive EV, you can gain an edge over the general betting public.

BetOnline generally provides odds of -110 on sides and totals. However, it often offers -112 on one side and -108 on the other, or -113 on one side and -107 on the other. You can therefore find valuable betting opportunities on certain teams. BMR analyzed the odds at length for this BetOnline review, and found the site’s futures and prop betting odds to be generally above average.

BetOnline User Reviews

BMR has fostered a community of passionate sports bettors over many years, and we regularly interact with the players on our forum to gauge their opinions on a variety of online sportsbooks. We have received very positive feedback overall on BetOnline. Users have praised the rapid payouts, the opinionated lines, the competitive bonus program and the face that BetOnline actively engages with players on social media.

BetOnline’s Customer Service

BetOnline provides impeccable customer service on a 24/7 basis, 365 days a year. Many sportsbooks will only provide customer support on weekdays, or only from 8am to 10pm, so BetOnline should appeal to anyone that likes betting at random times of the day. You can choose from live chat support, email or toll-free phone support.

We put all three methods to the test for this BetOnline sportsbook review, and we were impressed with the quality of the multilingual support. The agents could answer questions about payment options, sportsbook rules, BetOnline Casino and BetOnline Poker, betting options, wagering limits and more. They were polite and helpful, and we were never kept waiting long before being able to speak to someone.

Other Betting Options with BetOnline

BetOnline is an online wagering hub divided into several different sections. Alongside the sportsbook, you will find these options:

Casino

You can play a variety of casino games at BetOnline. There are around 150 slots to choose from. That is a pretty narrow range compared to some rivals, but it has been thoughtfully curated, with several new 3D slots rubbing shoulders with old-school classics. There are lots of table games, including 20 online blackjack options. Games are provided by a range of leading software developers.

Live Casino

There are two live casino options to choose from at BetOnline: Red and Black. In the Red casino, players can choose from blackjack, roulette, baccarat and Super 6. The Black casino is powered by FreshDeck Studios, and it offers baccarat, roulette, blackjack and Hold’em. BetOnline has a large array of live dealer games to suit almost every budget.

Racebook

The BetOnline racebook covers all the big tracks in the USA, along with harness racing. You can also bet on thoroughbred racing in Australia, the UK, Ireland, France, South Africa and Japan, plus harness racing (trotting) in Sweden. The racecards are clear and easy to use, and BMR found it simple to put exotic bets like trifectas and Pick 3 wagers together when conducting our BetOnline review.

Poker

The dedicated poker section at BetOnline has a busy tournament schedule, and it runs a range of enticing promotions. However, the poker product has received various complaints, so you might want to proceed with caution if you decide to use it.

Esports

A dedicated esports section features betting on FIFA, CS:GO, League of Legends, Dota 2 and Rainbow Six Siege. It is available in English or Mandarin. You can bet on spreads, totals, maps, props and futures. There are early markets too, while you can also access from a detailed results section and benefit from a 20% esports rebate on any losses you might incur while betting on the action. The range of esports covered is a little narrow, but it covers the most popular titles in exceptional depth.

Sportsbook Information
Languages:
English
Location:
Panama City, Panama
Telephone:
1-888-426-3661
Email:
cs@betonline.com
Date established:
2001
Live Chat:
Yes
Service Hours:
Bets accepted 24/7

Summary

BMR Verdict on BetOnline
BetOnline is one of the best online sportsbooks in the business. It offers quicker payouts than the vast majority of its rivals, its security record is spotless, and the new sports betting platform is highly polished. BMR found that the customer service is excellent, while it provides high-quality odds on a huge range of sporting events, the live streaming service is fantastic, and the bonus program is competitive. BetOnline is not perfect, as the poker product has received complaints, but overall this would make an excellent choice for seasoned bettors and newcomers alike.

BetOnline FAQs

Is BetOnline trustworthy?

BetOnline sportsbook has displayed a long-term commitment to treating players with respect and paying out on time. It is widely considered to be one of the most trustworthy online gambling sites available to US players.

Is BetOnline legal in the US?

BetOnline is licensed and regulated in Panama. It is permitted to accept customers from across the world, and it is perfectly legal for US players to sign up for a BetOnline account. The only international restricted countries are Australia, France, Malta and the UK.

How do I get my money from BetOnline?

You can visit the cashier site at BetOnline, choose your preferred withdrawal method, enter the amount you would like to withdraw and confirm the transaction. Our BetOnline sportsbook review covers the withdrawal process in greater detail, and explains the quickest and most convenient payout methods available.

How do you get a bonus at BetOnline?

BetOnline offers new customers a free-play bonus worth up to $1,000. You can also benefit from a reload bonuses, a range of free bets and entry into contests. Visit the site and head over to the promotions section, or click through from our site to secure your BetOnline deposit bonuses today.

How long does it take BetOnline to payout?

BetOnline is known for offering some of the fastest payouts in the US market. It processes requests within an hour, and BetOnline offers withdrawals in under 24 hours via certain payout methods.

Where is BetOnline located?

BetOnline sportsbook is located in Panama City, Panama. It mainly serves sports bettors in North and Central America, but it is popular around the world.

Is my money safe with BetOnline?

All customer deposits at BetOnline are secured in an insured escrow account, either in cash or cash equivalents. All deposits are fully secured, and withdrawals are available on a daily basis, with the funds often hitting your account in 24 hours or less.

How did BetOnline get started in the industry?

The company launched back in 1991 and built up its reputation by running BestLineSports, a sportsbook that offered reduced juice lines. It bought the BetOnline sportsbook in 2004 and moved to Panama City, Panama.

If you’ve made it this far and are still not sure about giving BetOnline your business, check out the top rated sportsbooks suggested below, or visit the Bookmakers Review rating guide to search for another sportsbook.

A+_coin
Terms and conditions apply
country-not-accepted-icon Costa Rica CR Sports Bettors Not Accepted
Visit BetOnline