- Deposit Bonus: 50% up to $500
- Payout Speed: Very quick
- Minimum Deposit: $17 via credit card. $25 via Bitcoin
- Industry veterans, they know what their customers want
- Low limits aren’t aiming for professional bettors
- Excellent mobile betting platform
- No 24/7 service is limiting
- Chat and email support can be unreliable
- Quick and easy to work with once connected
Overview of WagerWeb
Founded in the mid-90s, WagerWeb (operating out of Costa Rica) is more secure and stable than ever before. Like most early online sportsbooks, they’ve had a few bumps along the way, but currently run a reliable betting site with no reported issues as of late.
WagerWeb offers several interesting bonuses, has a competitive selection of betting opportunities, and provides same-day payouts. They’re one of the best sports betting sites catering to seasoned bettors, which has earned them a loyal following and excellent reputation.
WagerWeb has been very consistent in recent years with transactions being reliable, and payouts on time. The variety of ways to fund and withdraw are also substantial.
The WagerWeb depositing process is a little different than other sites: A phone call is required, but it isn’t difficult or time-consuming.
Though you can deposit $1,000 or more (using a cashier’s check), and $5k or more (through a bank wire), both take time to get credited to your account.
WagerWeb reimburses all fees for checks and wires, and covers costs for P2P deposits over $300
Credit card funding is instant, and starts as low as $17. It’s capped at $500 per transaction. Bitcoin deposits are fee free and start at $25. Person-to-person money transfers begin at $100 and max out at $680. WagerWeb reimburses all fees for checks and wires, and covers costs for P2P deposits over $300.
Note: The customer is responsible for any foreign exchange fees issued by credit card companies.
WagerWeb Payouts & Withdrawals
Once every 30 days, WagerWeb customers can request a free payout, which is excellent compared to a lot of other books. Bitcoin withdrawals are offered from $100 to $3,000 and are always free. There’s a $50 fee on checks (offered for payouts between $500-$3,000), $75 charge on bank wires (for withdrawals of $10,000 or more), and variable person-to-person fees ($100-$300 payouts) are waived once a month.
Free payout requests must be received on Tuesday or Wednesday. Regular requests are only taken until 12:00PM (PST) Monday through Friday.
WagerWeb offers three interesting sign-up bonus options for new players:
1. The Elite Bonus offers either a 10% cash bonus or 15% free play bonus with 8x rollover. If you take the cash option, you get your risk amount back when you win. What’s most enticing is no betting restrictions on the cash bonus and getting 1% cash back as a free play on your sportsbook volume each Monday.
New players will find an ideal bonus within the three options.
2. The Welcome Bonus provides 50% in cash or 75% for free plays with 15x rollover. Regardless of your bet size, the maximum amount that will be credited towards your rollover requirement is 20% of your deposit amount. This means that if you deposited $100, and made a $60, only $20 of that bet would contribute to your rollover requirements.
3. The High Roller Bonus offers 20% cash or a 30% free play bonus with 10x rollover. Those who place big bets will find that this meet their needs.
Each bonus at WagerWeb requires a minimum deposit of $100 with bonuses capped at $100. All include a 5% kickback on racebook volume and casino losses. Most new players will find an ideal bonus within the three options.
One of our favorite parts about WagerWeb promos is that they’re simple and easy to understand.
They may be light on advertising additional promotions, but there are 10-cent baseball lines that’ll certainly help your ROI. They also offer decent reload bonus options and – for the long haul – an intriguing 1% cash back which is paid to your player account on a weekly basis.
WagerWeb has been around long enough to know what customers want. They provide tons of in-game opportunities and are constantly evolving to comprehensively cover things like eSports.
Plus, there are plenty of props and futures to keep things interesting. Of course, major sports are available in endless ways and niche events are touched upon. Most fans will find what they want in an easy-to-use format.
As you would expect, WagerWeb dives deep into MLB, NBA, NFL, NHL, and college sports, but also has tons of options on worldwide soccer, tennis, golf, and eSports. Other niche options are available, though limits on less prominent games decrease significantly.
There’s nothing overly-innovative about the ways to wager at WagerWeb, but all the standard sides, moneylines, totals, if bets, parlays, and teasers are available. All of the methods used by daily bettors are on the table. Oddly, two-team parlay odds are better than many other sites, but larger parlays are not as fruitful as the competition.
Standard -110 pricing is mostly in effect, though WagerWeb occasionally changes the juice instead of the point spread. Dime lines for baseball are great news for volume players who recognize how that edge impacts long-term profitability.
Betting Limits (Minimum and Maximum)
Wagering starts at $2, with a fairly low maximum of $500 on overnight lines. The day of games, you can get $5,000 on NFL lines, $4,000 on moneylines, and $3,000 on totals. College football sides go up to $4,000, with most other major sports being capped at $3,000. As you’d expect, minor events have much lower ceilings.
Low limits reinforce WagerWeb being geared towards fans, not professionals. There doesn’t seem to be a lot of wiggle room with their limits, and they aren’t aggressively seeking high rolling clients.
Live Sports Betting
WagerWeb’s live betting section is more than adequate. Games you’d expect to be present are, and most major events are available for in-play action. The site is equipped and optimized for easy minute-by-minute bets.
While they don’t really do to set themselves apart in terms of live betting, they’re also not behind the times. Their average live betting (which functions at a high level), serves the needs of most players.
Phone and tablet betting is one of the best things WagerWeb does. Fast, well-organized, and easy-to-use, the app is essentially a scaled-down version of their normal site. It adjusts to whatever device you are using, and there is no drop-off in quality or efficiency.
The WagerWeb.eu mobile web site not only moves quickly, but also offers ways to streamline multiple bets. This way, you can confirm more than one bet at once.
Additional Offerings: Casino & Racebook
Though WagerWeb has a couple of extras, a racebook, and casino, it’s more geared toward occasional users than serious horse bettors and card/slot users. There’s no poker site available.
Want to bet on an occasional horse to win? The WagerWeb racebook will do the trick. However, without Pick 4’s, 5’s, 6’s, and superfectas—not to mention keeping the minimum bet at $2—serious handicappers should look elsewhere. Exotic wagers are frequently available at tracks and other sites for as little as $.10 and frequently for $0.50/$1.
The WagerWeb casino is competitive among sportsbooks. With a solid slots selection, they offer a normal assortment of table games and lots of video poker games. There are no live dealer options though, and WagerWeb doesn’t have many large brand name slot machines.
When we spoke to customer service on the phone, they quickly answered questions and problem solved. While we appreciate dedicated lines to get through to the right department, representatives aren’t available 24/7.
Chat and email support are also frequently unreliable. Not being able to drop a short note via chat or having to wait on the phone on hold is disappointing.