BetOnline Sportsbook Bitcoin Review
BetOnline has been an operational online sportsbook since the early 2000’s. As one of the premiere sports betting sites for American players, BetOnline has a stellar reputation for efficiency, reliability, and security. This book is located in Panama City, Panama, regulated by the gaming commission that the Panamanian government put together.
Under the strict guidance of this commission, BetOnline has never missed a payout to its players and has remained steadfast in updating their security features and betting interfaces so that everything is state of the art. BetOnline is one of the best bitcoin sportsbooks around, so we’ve put together a small review of the site so that you know exactly what to expect when you sign up for BetOnline Sportsbook.
BetOnline has a multitude of banking options, giving you the opportunity to deposit and withdraw the best way you see fit. Quite possibly their best banking method is Bitcoin, though. Bitcoin allows you to quickly add credit to and withdraw from your account, with generous limits and minimal fees. While it’s free to deposit money into your account using Bitcoin, – one of the only methods that doesn’t charge a processing fee – there is a 2% fee assessed to your withdrawal. BetOnline makes up for this by providing a credit to your account to cover any withdrawal fees once every month.
Bitcoin banking at BetOnline is very simple. Head over to the cashier tab on the homepage of the book and choose the bitcoin option. Once there, you’ll fill out some basic information and enter the amount you’d like to deposit. From there, the Bitcoin sportsbook software will convert the digital currency into USD, which is what BetOnline uses. When withdrawing, the software will convert your USD funds back into Bitcoins. While it may take up to 48 hours for your payout to reach your Bitcoin wallet, deposits take only a few moments to hit your sportsbook account.
BetOnline provides the highest wager limits of any online sportsbook that is available to US Bettors. After this section, we’ll list the limits they have on their site, but there is one really important thing to remember about these limits – they’re adjustable. Getting in contact with the book in order to raise the maximum bet on say a moneyline is simple and easy. If you don’t feel like getting in contact with the book, then that’s no problem. BetOnline allows players to place the bets on the same line as many times as they like. So there really isn’t a “limit” when it comes to betting at BetOnline. No matter the size of your wager, retrieving your winnings is always a breeze. As one of the best bitcoin sportsbooks, this site is one of our favorites to recommend for players looking to withdraw large sums quickly.
- Moneylines $15,000
- Spread $25,000
- Totals $15,000
- Team Totals $1,000
- Moneylines $1,000
- Totals $1,000
- Team Totals $1,000
BetOnline’s Customer service is above reproach. They provide three different options for users to get in touch with them, all of which are answered in an efficient and friendly manner. You can choose to live chat with someone, which operates through an instant messaging program. You may also choose to email the book, and a response will be returned to you usually in a couple of hours, but if it does take longer than that, it never takes longer than 24 hours to hear back. If you’d rather speak to someone, you can call their toll-free number. You’ll be asked to choose which department you’d like to speak with, and once that’s done, you’ll be immediately directed to a live representative who will work with you to resolve any and all issues. All lines of communication are available 24 hours a day, seven days a week, so you’re never more than a few moments away from someone who will gladly work with you.
BetOnline's mobile betting feature is pretty simple to use but might take you a few minutes to get used to. It's not set up the same way that the desktop is, and finding specific links that you're used to may be a problem if you're trying to get something done quickly. The mobile feature is browser based, so you can log in through whichever browser you prefer. On the homepage, you'll find the lines for three or four of the most popular games going on at the time. You'll also have an upcoming matchup section right beneath that, followed by their running promotions. To find a specific line or sport, you'll have to go the drop down menu in the upper left-hand corner of the site. There, you have to choose the sportsbook section, then the sport you're looking for. Once there, you can look at all of the lines provided. For props and futures, you'll have to go to that specific section, and then choose the prop or future you want to bet on. Because the mobile betting feature is browser based, it is compatible with Apple, Android, and any other type of smartphone. Once you get used to the mobile interface, it's a snap to use, allowing you to bet on your favorite events no matter where you are.
Adjustable Wager Limits – BetOnline already has the highest wagering limits of any USA online sportsbook. But what really makes them the number one spot for high rollers is their adjustable wager limits. All the book needs to adjust the limit is a little extra information, which you can email to them book any time of day. And once you’ve hit it big on one of those wagers, you’ll be able to quickly withdraw large sums from your sportsbook through Bitcoin. It’s a win-win when it comes to BetOnline.
Useful Links – At the bottom of their Main Sports section, you’ll find a tab called useful links. Here is your one stop shop for everything you need to know about BetOnline and betting on sports. You’ll find links that will help you learn how to bet on sports, all team schedules and future matchups, a section on bet types and limits and how they can be adjusted, and much more. This little tab is chock full of great sports betting tips and strategies, while also giving you the low down on everything you could possibly need to know about wagering at BetOnline.
Stats Center – At BetOnline, they allow you access to something called their stats center, which can be found under the useful links tab. Here, you’ll find a record of every team sport and each team in that sport. Those records include their ATS track, whether or not they are more likely to go over or under the total, and how they’ve done against every opponent they’ve ever come up against. This stats center is one of the best tools for players who like to do a lot of research before placing their wagers. It puts all of the information you could ever need in one place so you don’t have to go searching through the entire internet.
Bonuses are wholly unique to the world of online sports betting. These are offers that will never be made at land-based sportsbooks and are one of the many reasons why an online sportsbook is infinitely better for US players. In addition to some really great features that are unique to their sportsbook that accepts Bitcoins, BetOnline also provides quite a few promotions for their players. From deposit bonuses that can be added on every time a player funds their account to free play credits for trying out a new feature, there are so many different ways to earn a little extra money at BetOnline. Below, we’ve listed all of the currently running promotions at this sportsbook.
Welcome Bonus – This bonus will match 50% of your initial deposit when you first sign up with the sportsbook. There is a limit to how much they will match, $2,500. When using this bonus, you’ll have a rollover requirement of 10x before you can withdraw the funds.
Lifetime Bonus Guarantee – This is another match bonus that the sportsbook offers. For every subsequent deposit you make at BetOnline, the book will match 25% of it, up to $1,000 each time. You can choose to use it only occasionally or all the time, but no matter what, you’ll have the choice to have an extra 25% added to your deposits every time. The play-through requirement for this bonus is 6x.
Refer-A-Friend – This bonus is exactly what it sounds like – Refer someone to the sportsbook, and receive a credit to your account. BetOnline will give you $100 free play credit for each friend who signs up and deposits money into their account. This bonus is unlimited and comes with no play-through requirements.
Live Betting Free Play – If you’ve been hesitant about straying away from your typical wager types, BetOnline wants to offer you a risk-free way to branch out. They are currently offering a $25 credit to cover any wager you place through their in-game betting feature. If you win the wager, congrats! But if you lose, BetOnline will cover the wager for you, no fuss.
Mobile Betting Free Play – Just like with their live betting offer, BetOnline wants you to branch out. The first wager you place on a mobile device is on the house. The credit they offer here is $50, so you can risk quite a bit without having to worry about anything. What do you have to lose?
You may have noticed that several of these bonuses have play-through, or rollover, requirements. This is a stipulation that many sportsbooks put into place when offering credits and match money. In order to fulfill them, you’ll have to wager the full amount of your deposit and bonus before you can withdraw funds. Most sites set this at 10-12x. At BetOnline, the requirements are a little lower. If you decide that the bonuses aren’t for you, that’s no problem. The only way to claim them is by putting in their promo codes when you fund your account. Simply opt out of doing that and nothing will be added to your account.