GT Bets is a US-friendly sportsbook, established in 2011. Operating out of Curacao, where it is licensed, GT Bets also provides a racebook and real money casino games. Having quickly established a trusted reputation thanks to its quick cash-outs and reliability, GT Bets is one of the fastest growing offshore bookmakers to accept US customers.
Uniquely, this sportsbook focuses on the recreational betting crowd with serious bettors discouraged. Their lines focus on the major US leagues. This book also offer a reload bonus for every additional deposit – as well as a generous welcome bonus package.
This review covers GT Bets in some detail. First up is a look over the interface, along with highlights of the different markets and lines on offer. Then you can discover GT Bets different promotions and accepted payment methods. Finally there is a brief summary on the positives and negatives before wrapping up with a summary.
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Markets and Lines on GT Bets
GT Bets has a unique webpage, which is both colorful and high-impact. On first impressions it looks like it was designed for mobile devices, although GT Bets operate a separate mobile-optimized site too. You can log into your account on the top right of the page, and the main menu bar allows you to access the Casino, Racebook, Cashier and Mobile site.
The first page is dominated by an ad for their sign up bonus, and the different markets are all listed down the left. When you select a market, the lines this includes take over the main area of the screen. The layout is simple and feels less intimidating than other sportsbooks, although it may lack the detail and variety of bets that more experienced sports bettors prefer.
GT Bets has lines for all the top American markets, with extensive coverage of football in the NFL and Canadian leagues. There are also MLB lines, NBA and NCAA basketball – and NHL. In addition to regular money line betting, GT Bets incorporates betting on daily fantasy sports, where you can wager on who will be the highest scoring fantasy player in a series of Matchup lines.
Other sports on GT Bets include PGA golf tournaments, major tennis championships such as the WTA, rugby, boxing and MMA. You can also find soccer from all the major worldwide leagues. Once you select this sport you then select from a long list of major competitions including the German Bundesliga, English Premier League and Italy’s Serie A. Meanwhile horse racing coverage can all be found in its separate section, featuring a large number of US tracks.
Once a market has been selected all the relevant lines and prices are displayed. For the most part these are win lines only, shown in standard US odds format, although some also show different prop bets. Overall for both markets and lines, GT Bets includes all the essential bets you would expect, although it does miss out on depth by not including sports with smaller audiences and a variety of lines.
GT Bets Sportsbook Bonuses and Promotions
You will get a choice of two sign-up bonuses when you register with GT Bets. The first is a 100% match on your first deposit, up to $250, while the second is a 50% match up to $500. Both of these are released with a 5x point rollover and funds can be used in the sportsbook, racebook or casino. Each bet you place on GT Bets is worth a certain number of points, based on what activity you are betting on, which are all laid out in the terms and conditions.
Betting purely on sports, other than baseball or horses will mean you are betting through your deposit and bonus amounts 10x before it is released. Just betting on baseball will mean you have to wager 25x your bonus and deposit and horse racing requires 6.7x. If you venture over to the casino, play-through varies on games between 25x for slots and 50x for table games.
In addition to this GT Bets honors their customers with automatic reload bonuses on every deposit. Bonuses vary for each customer, and the details can be found under ‘Bonus Alert’ on your account. This generally clears along the same lines as the sign-up bonus.
Other ongoing offers at GT Bets include:
- Favorite Teams – State your favorite NFL, NBA and NCAA teams at the start of the season and you can get 1/2 Point Free on every bet throughout the year.
- Progressive Parlay – Place $5 on a 15 team parlay and be in with a shot of $50,000 jackpot if all your teams come in. And if they all fail you, you can still get rewarded with $2000 for going 0/15.
- Horse Rebate – Get a 15% cash rebate on your monthly horse racing losses.
Depositing and Withdrawing from GT Bets
Getting money onto GT Bets can be done with your Visa, MasterCard or American Express credit cards, providing they can process international transactions. These deposits are free- and there is a low $35 minimum. Also US customers can use Direct Cash or Quick Cash payment services, for minimum deposits of $100 and varying fees. Digital currency users can deposit in Bitcoin.
International sports bettors can use Neteller and Skrill e-wallets. Keep in mind that first deposits in this way are only entitled to the 50% bonus, up to $500.
For cash-outs you can request a bank wire or couriered check. These have fees of $49-60 and are subject to minimum transactions of $100. Direct Cash and Quick Cash can process withdrawals too for a $50+ fee and $300 minimum.
Bitcoin transfers are cheapest by far, offering free withdrawals, although there is a $300 minimum and some knowledge of digital currency is advised before you start using them. International customers can request a refund back to the credit card or their e-wallets for lower fees and $50 minimums.
GT Bets – Positives
Accepts US customers and has built up a solid reputation over a short period of time. Great promotions, which offer flexibility. GT Bets also features a sharp looking website which is fully compatible with mobile devices.
GT Bets – Negatives
High cash-out charges and withdrawal limits for US customers. While the major markets and lines are covered, you will not find the smaller leagues or niche sports featured here. I would also add that the bonus terms are confusing, with points giving weightings for different bets and different sports.
GT Bets – Conclusion
GT Bets has a lot to offer for sports bettors, particularly those who are in the US. The sportsbook has an easy to use interface, although it does lack many of the smaller markets and alternative lines. GT Bets’ sign-up bonus is decent and the automatic reload bonus is a great value ongoing offer. Being a US-facing site, payment methods on GT Bets can be expensive, so make sure you are aware of all the conditions (particularly minimum withdrawals for your method) before you deposit.