150% Free Play

Terms and Conditions Apply

country-accepted-icon Costa Rica CR Sports Bettors Accepted
country-accepted-icon Costa Rica CR Sports Bettors Accepted

BetPhoenix Review

by Bookmakers Review | Updated October 16, 2023
About BetPhoenix

BetPhoenix has been online since 2006. The sportsbook holds a BMR rating of 8.3.  New registrations are offered a 150% Free Play. The sportsbook is headquartered in San Jose, Costa Rica.  Players can contact BetPhoenix via email at wecare@betphoenix.ag.

Check out all of our online sportsbook ratings in the 2024 Betting Sites Guide, which is updated weekly throughout the year.

Rating: 8.3

Our Verdict

A simple online sportsbook with a wide selection of bonuses.

BetPhoenix is an offshore sportsbook with a reputation for offering generous bonuses and a wide range of betting markets. It is based in Costa Rica, along with sister sites BetMania and Skybook, but it is designed to serve bettors in the United States.

The site offers a comprehensive sportsbook, a full-service racebook for horse racing fans and a variety of real-money online casino games. BetPhoenix had a bad reputation many years ago, as it had player complaints regarding payout issues, but they were resolved and it now holds a B rating with BMR.

About our Ratings

BMR betting sites ratings are based on over 20 years worth of experience helping players resolve disputes with offshore sportsbooks. Sportsbooks are carefully vetted before being rated. Ratings are fluid and analyzed by BMR weekly. The industry’s best sportsbooks are rated 9.5 and up. | How We Rate

rating-full-star rating-full-star

150% Free Play

Terms and conditions apply

country-accepted-icon Costa Rica CR Sports Bettors Accepted

Creating an Account at BetPhoenix

Just click the link on this page to visit BetPhoenix, claim the sign-up bonus and begin the registration process:

  • Hit “REGISTER” when you land on the site.
  • Provide your full name and email address.
  • Select your country from the dropdown menu provided.
  • Confirm you are at least 18 years old and that you are not a robot.
  • Agree to the terms and submit the form.

You can then make a deposit and start betting.


Currencies Accepted:


BetPhoenix offers a variety of deposit methods. You can go for a credit card deposit, but the minimum deposit is $50 and the maximum deposit is just $500, while there is also a 10 business-day hold period.

As such, we recommend using crypto, ZPay, a bank wire or a P2P transfer instead. You can send $50 to $5,000 per transaction via Bitcoin or Litecoin. Withdrawals are available via Bitcoin, P2P or a check in the mail.

The tables below clarify BetPhoenix’s deposit and withdrawal banking options, along with the fees and payout time associated with each payment method.

Deposit Methods Min Max Fee
Visa $50 $500 Free
Mastercard $50 $500 Free
Bitcoin $10 $5,000 Free
Litecoin $10 $5,000 Free
Neteller $50 $500 Free
PayPal $50 $500 Free
P2P $50 n/a Variable
Withdrawal Methods Time Fee
P2P 1-3 days Variable
Cashiers Check 1 to 2 weeks $50

BetPhoenix Bonuses & Promotions

BetPhoenix serves up a strong selection of bonuses, from an appealing welcome bonus to a tempting referral bonus and various recurring promotional offers.

Sign Up Bonus – USD
150% Free Play up to $1,500 Terms and conditions apply

150% Free Play offered to new first-time depositors who enter promotional code BP150. Bonus not offered for credit card depositors; you may deposit via bitcoin, P2P, or any other method to claim the promotion.

Sign Up Bonus – USD
100% Free Play up to $1,500

100% Free Play is offered to new first-time depositors who enter promo code BP100. This promotion carries a 12x rollover and a two-week hold.

New customers can choose from a 150% free play bonus up to $1,500 (16x rollover requirement) or a 100% free play initial deposit bonus (12x rollover requirement). The bonuses are large, but they do come with high wagering requirements.

BetPhoenix’s User Experience

The user interface at BetPhoenix is basic and the software is a little dated. However, some players will appreciate the spartan design.

The site is uncluttered, straightforward and easy to use for online gambling, and navigation is simple. You can quickly find active sports and events that are for live betting. It has a strong live, in-play betting section, and the tab is easily spotted at the top of the left-hand main menu of the desktop version.

BetPhoenix’s Mobile Compatibility

BetPhoenix offers a mobile version of its site, which you can access via any browser on your mobile device. Mobile users should find it reliable and easy to use, but it would be great to see more features added in the future.

Betting Options Available at BetPhoenix

You can bet on major sports from across North America and international sporting events at BetPhoenix. The casino offers slots, card games, roulette games and live dealer games, while the racebook is comprehensive.

BetPhoenix’s Depth of Sports Markets

BetPhoenix has you covered for most major American sports and leagues, including NFL, NCAAF, NBA, NBAAB, WNBA, NHL, MLB and MLS. Additionally, it serves up a good smattering of alternative sports, such as MMA, boxing and golf. It offers a modest range of sports betting markets on these sports.

Betting Markets Offered by BetPhoenix

There are multiple bet types provided by BetPhoenix. You will find a moneyline, spread and total on most sporting events featured at BetPhoenix. It also provides some props on major American sports, but it cannot compete with the breadth of betting markets available at rival sportsbooks such as Bovada.

Live Betting Availability at BetPhoenix

BetPhoenix offers a comprehensive live betting section, which allows you to bet in-play while the action takes place. The betting possibilities are limited and there is no live streaming, but it is quick and easy to use.

BetPhoenix’s Wagering Limits

Betting limits per bet depend on the sport and on the type of wager in question. Some sports will have a lower ceiling than others. You can contact customer service for information about a particular bet.

Quality of Odds at BetPhoenix

BetPhoenix offers standard juice betting lines, while its moneyline odds are reasonably competitive. It has a sister site, BetMania, which offers reduced juice lines, so that is the best choice for anyone seeking great odds.

User Reviews of BetPhoenix

BetPhoenix has a mixed reputation in the sports betting community. There were lengthy periods in which it was dogged by poor customer reviews, including serious complaints from players that had grown increasingly frustrated by slow payouts. However, those issues ended many years ago, and BetPhoenix now receives solid reviews from existing customers who are satisfied with their online gambling experience.

Customer Service at BetPhoenix

You can contact the BetPhoenix customer service team via email, phone and live chat. The agents are fluent in English, Mandarin and Vietnamese. The customer support team answered our questions quickly and clearly when we tested out the service.

Additional Betting Options Available at BetPhoenix

The BetPhoenix Casino features around 60 games, including various slots and table games, American roulette, European roulette, blackjack and video poker. There is also a full-service racebook, but it does not have a poker room.

FAQs – BetPhoenix

What is BetPhoenix Sportsbook?

BetPhoenix is an offshore sportsbook based in Costa Rica. This betting platform is designed to serve U.S. bettors, primarily in states that do not have locally regulated online gaming industries.

How long has BetPhoenix Sportsbook been in business?

BetPhoenix was founded in Costa Rica in the mid-2000s. It has been in business for almost 20 years, and the parent company also owns BetMania and SkyBook.

Is BetPhoenix Sportsbook licensed and regulated?

BetPhoenix Sportsbook is licensed and regulated by Gaming Curaçao, a government agency in Curaçao.

How do I create an account with BetPhoenix Sportsbook?

Just visit BetPhoenix.ag and click the red “REGISTER” button at the top right of the homepage to create an account with BetPhoenix. This type of gambling site offers a quick and simple sign-up process.

How can I deposit funds into my BetPhoenix Sportsbook account?

Visit the cashier to deposit funds into a BetPhoenix Sportsbook account. It accepts credit cards, debit cards, P2P transfers, ZPay, MoneyPay, ZPay, Bitcoin, Litecoin and Boss Revolution.