BetOnline Sportsbook Review

BetOnline Logo

BetOnline have been providing US-friendly online gambling since 2004. The company is based in Panama, where they are licensed to operate, and are operated by Thort Management. In addition to offering sports betting, BetOnline also provides a separate racebook, casino and real money poker games. All BetOnline services can also be accessed through their mobile-friendly site, which works on the browsers on all modern smartphones and tablets.

Technology and excellent lines on the major events and leagues are the key reasons that BetOnline has grown to be one of the most popular US sportsbooks. Live-betting and their mobile platform are both excellent, and the selection of dime lines is industry leading.

This review provides a detailed look at what BetOnline has to offer sports bettors. First up is a quick overview of the platform and a look at the different markets and lines offered. After that the bonuses and promotions are examined – as well as the many different deposit and withdrawal options. After this there is a quick summary of the sites positives and negatives.

Markets and Lines on BetOnline

When you open up BetOnline’s smart sportsbook interface you will see all the sports displayed along the left hand sidebar, with the various lines displayed in the centre of the screen for your selected market. The site is very easy to navigate, with a clean and uncluttered feel compared to many US books.

BetOnline has a large focus on US markets, featuring all the top leagues. The major US leagues are the most prominent, with NFL, MLB, NHL and NBA all having comprehensive coverage. With college games and niche sports also covered – you’ll find lines for most matches. Only 5Dimes has a greater depth of coverage.

Among the international sports, BetOnline has prices for all major worldwide soccer leagues, including the English Premiership, Spanish La Liga and German Bundesliga. All major tennis championships are covered too, as well as UFC, PGA golf, boxing, and both rugby league and union.

Live betting is a particular strength of this site – with a selection of lines available on events which have already started. These are generally totals (Asian handicap), and allow you to make additional selections, or cover existing bets as the flow of the game changes.

For each game or competition you can find win lines and spreads. These are set to US odds format by default, although this can be changed to decimal if you prefer. There are plenty of futures and props to choose from too – especially for major events and finals. Overall the quality of the lines is decent, with industry-leading prices on MLB lines and line on most other sports which meet or slightly beat the market average.

Horse racing fans can use the separate Racebook to discover details of all racing within the US for that day. Here you can find all the race cards, prices for all the horses and details including jockey, trainer and form. This area also includes tips and previews of the Triple Crown races.

Betonline Sportsbook

BetOnline Sportsbook Bonuses and Promotions

You can find a number of offers on BetOnline which are regularly updated to tie in with the season and for major events. I recommend you keep a regular eye on their website to ensure that you do not miss out.

All new customers on the site receive a welcome bonus which is match on your first deposit. Presently this is a 50% match up to $1000, so if you deposit $2000 you will have $3000 to bet with. There is a rollover requirement which need you to wager 10 times the bonus amount before it can be withdrawn, which is high in comparison with other books. You must wait a month after the promotion has been claimed before you can process a cash-out. You can also find reload offers which often tie in with the start of the season for the different sports.

Other popular ongoing promotions at BetOnline include:

  • Live Betting $25 Free Play – Get a risk free Live Bet up to $25. If your first bet wins then you get to collect your winnings – not then BetOnline refund it to you as a free bet. Winnings from the free bet need to be wagered 6x before withdrawing.
  • Mobile Betting Free Bet – Another free bet, this time for your first mobile bet. When you place your first wager via your smartphone or tablet, if it loses BetOnline will refund it up to $50 as a free bet. The 6x rollover applies before cashing-out.
  • Bet MLB Dime Lines – Throughout the 2015 MLB season BetOnline are providing industry-best dime lines going up to -199

Deposits and Withdrawals from BetOnline

US bettors can get money onto BetOnline with Wire Transfer or by using Western Union and MoneyGram services. The site also accepts the digital currency Bitcoin or money orders, which can be purchased at convenience stores. Credit cards can be an option, providing they are authorized for international transactions – both Visa and MasterCard are accepted. International customers can also use e-wallets such as Neteller and Skrill.

Withdrawals can be processed back to most deposit methods, and checks by mail or courier are also offered. All cash-outs are subject individual minimum amounts from $20 to $500, along with fees which start at $20. Bitcoin is the exception which only charges a 2% fee. Active bettors are given a $50 credit against withdrawal fees each month, though you may still end up paying fees if you wish to make multiple withdrawals.

BetOnline – Positives

US players are welcomed, with the main focus of this site being the major US sports. The welcome bonus is large compared to many other sportsbooks, and the regular reload bonuses are useful for casual bettors. You will also find some great value lines and special ‘money back’ promos for some losing bets.

BetOnline Negatives

Minimum withdrawal limits and fees can be on the high side.

BetOnline – Conclusion

Overall BetOnline offers a solid sportsbook with a great reputation, especially catering to US sports bettors. There is plenty of coverage of US sports, as well as major competitions from around the world. Prices tend to be on the better side of average, with some nice boosts on markets like MLB. The welcome bonus is generous, offering up to $1000, although the 10x rollover requirement is on the high side.