BetOnline sportsbook has been around since 2004 but its early years were a little rocky. They’ve been making a steady climb since then since then– you might remember when they attempted to become the “first bookmaker to take bets from Mount Everest”.
I joined BetOnline about 2 years ago. When I deposited, I noticed that they weren’t accepting MasterCard. However, I didn’t have any problems funding with my Visa. I rarely use MoneyGram or any of those services, but they accept those as well. Actually, they seem to prefer them, as their telephone agent tried to convince me to use one. He understood when I wasn’t into it and they’ve let me use Visa since then without any problems. Overall their customer service has been better than average.
Bet Online has a tiered bonus structure, which is designed to get you to deposit more initially. However, keep in mind that the bigger the bonus the tougher the rollover requirement becomes.
|$100 – $299||10%||3x|
|$300 – $499||15%||4x|
|$500 – $999||25%||6x|
|$1000 – $1999||35%||7x|
To put that into words, if you were to deposit $2000 to become eligible for the 45% bonus, you’d get a $900 freeplay. However, in order to cash out with the freeplay you’d need to bet that 8 times over, so you’d have to bet a combined $7,200 to get that $900.
As far as the actual betting goes, Bet Online pretty standard. They have a few nice features like 21-team teasers and 25-team parlays, but odds themselves focus mostly on American sports and they aren’t released as quickly as some other books. Their racebook also sticks primarily to American tracks. They offer head-to-head horse betting if you prefer that over the classic win/place/show.
Apart from that, BetOnline offers a casino and poker room which both provide a unique set of promotions and tournament opportunities. BetOnline also offers a selection of sports handicapping articles called Sports Betting Edge. This gives you something to read while you’re on the site, but it’s nothing you can’t find for free at, say… sportsbettingdime.com.
Payout-wise, I mentioned BetOnline had a rough patch. Most of that was related to payouts in the early days, but they’ve been improving since around the time I joined. They’re getting much quicker and more dependable. Still, if fast payouts are your number one priority, I’d read our SBG Global review.
Overall, there’s not a lot to set this book apart from others, but they have all the pieces in place. Bet Online may someday climb the list reach our top 3, but for now they have an uphill battle to prove their reliability.
Especially Suited for:
- Beginning bettors who want handicapping advice from their sportsbook
- Super-geniuses who can pick a 25-team parlay
Not suited for:
- Players who need quick payouts
- Fans of international sports and horse races