BetOnline Sportsbook Review
Original Review: 7/18/2013
Welcome to the fifth review in my series of sportsbooks that cater to people in the U.S. This review will discuss all the positive and negative aspects of the BetOnline sportsbook! I’ve been betting at sportsbooks across the web (that allow me since I live in the U.S.) and I’ve come up a list of five sportsbooks that are the best to use for U.S. citizens. I am not a lawyer and do not get into the legal climate of gambling in the United States, however, I think a great reference can be found at Is Online Sports Betting Legal?
BetOnline is a great sportsbook that has grown on me as I’ve used it more. It makes my list of top sportsbooks, and I can say that it is very legit and is almost as good as the rest of the books on my list. For the full list see: Top 5 Online Sportsbooks for U.S. Players
BetOnline fits with the industry standard in that they offer a variety of options for deposit. Western Union and MoneyGram are options as well as different types of money transfers. One of the big benefits is that they accept the three most popular type of credit card in VISA, MasterCard and AMEX.
I made my first deposit using my Visa card for the $50 minimum. I decided not too push the envelope with the testing of this sportsbook since there really weren’t any great signup promotions going on. The money was credited to my account within minutes and I was able to make my first bet shortly after.
BetOnline is also now offering deposit by Bitcoin which is becoming a more popular method across all sportsbooks.
Limits/Ease of depositing money: 9/10
The betting interface at BetOnline is by no means my favorite, but overall, I think that it does the trick.
The look of the interface is stellar. As one can see in the image above, there is the standard listing of sports listed on the left side of the page along with links to live betting. In the center of the page, there is a listing of all the games that come up under the sport that is selected.
The sports are very simple to navigate and manage in the left hand column, but the thing that throws me off the most is how the functionality works on the bet slip.
Once you mark a check box for the game that is to be bet, you must then go over to the bet slip and select which type of bet you wish to make (Straight Bet, Parlay & Robin, If Bet & Reverse, or Teaser & Pleaser). This simply feels strange and it actually took me a minute or two to figure out what to do next once I selected the team that I wanted to bet. Once you get a feel for this it isn’t a big deal, but if you bet on other sportsbooks then this will certainly feel funky every time you try and bet.
Everything else on the bet ticket is well designed and simple enough to use. The image to the left shows two sample bets and the options that are available. I like that it is very easy to bet either a “risk” amount or a “to win” amount, and there is an option available to buy points on the line.
In conclusion, I did eventually get used to the set functionality of this system, but I still think it should be made a little more user friendly.
Look and feel of the betting interface: 7/10
If there is one thing that stands out about BetOnline then it would have to be the consistency with their odds and availability of lines.
For starters, the minimum bet is only one dollar! If you have read any of my other reviews then you will know that I’ll give a sportsbook bonus points for cheap minimum bets! Secondly, the lines are up very early for every sport and there isn’t a lot of juice on the early lines. You will see dime lines on every MLB game. (Note: A dime line means that if each team had a 50% chance of winning that you would have to bet $105 to win $100. The standard is that you need to bet $110 to win $100). Lastly, I’m very impressed with the amount of futures betting that BetOnline has to offer. With it’s offerings in a variety of sports, it has the best selection of any sportsbook that I reviewed.
Odds Prices and minimum bet limits: 10/10
I’ve tried to be a stickler and find some bad things to say about the BetOnline mobile site, but they have made that very difficult for me.
The design, layout, and functionality all seemed to be flawless on my Android-based smartphone. As one can see in the image to the right, the menus are all well displayed and it is simple to jump between sports and different types of bets. I would actually say that it’s easier to place a bet on their mobile site than it is their web site which is still is a bit of a mystery to me.
In conclusion, the only competition to the mobile sportsbook site of BetOnline would have to be BetDSI’s mobile site. I give both of them perfect marks and it is next to impossible to pick a winner between the two. As one that places a majority of my bets online, I think that this platform really gives BetOnline an edge over all it’s competitors.
Mobile Betting Platform: 10/10
BetOnline follows a common theme regarding all of the sportsbooks that I recommend in that they are very reliable with their payouts. BetOnline offers one free payout every 30 days by cashier’s check, but the minimum withdrawal amount is $500 dollars.
While a lot of sportsbooks offer Bitcoin payouts for free, it is a little disappointing that BetOnline charges a 2% processing fee with their Bitcoin payouts. The current minimum withdrawal for Bitcoin is $20 while the maximum is $5,000 (also on the low end in comparison). Other methods of withdrawal include bank wire, wire transfer, and NetTeller.
Ease and price of payouts: 8/10
There are a few things that stand out with the promotions that BetOnline offers. The first thing is that there is really no great sign on bonus when joining the sportsbook. Other sportsbooks around the web will offer a one time 50% bonus or free bet, and BetOnline does nothing of the sort. On a positive note, however, they do offer a lifetime guarantee of a 25% bonus on every qualified deposit when the proper promo code is used.
There are a few other benefits that BetOnline has to offer. For instance, the have a $25 live betting free play and a $50 mobile betting free play, but there are kind of a pain to redeem. In short, if you want a good sportsbook for great promotions then I suggest you look elsewhere.
Pro: Lines come out early and have a very low minimum bet.
Pro: Very low juice on most of their bets.
Pro: Excellent mobile web site. Works seamlessly on the smartphone.
Pro: Incredible selection of futures bets.
Con: Interface functionality can be a bit frustrating.
Con: There are no great sign up promotions.
6/10/16: Added new deposit and withdrawal methods.
All in all, there is really a lot to like about BetOnline. Like every sportsbook, they have a few weaknesses, but as a whole, there really are a ton of great reasons to use these guys. As a futures fanatic, I do a ton of sports simulations to predict total team wins, champions and other things across a lot of the major American sports. With this in mind, I will always go to BetOnline to bet these because of their cast array of futures bets. There mobile site is one of the best I’ve seen and makes it very easy to bet games very quickly through that method. And lastly, who can argue with the $1 minimum bet! I have BetOnline rated as my #5 sportsbook for U.S. players and I would certainly recommend these guys to anyone.
To sign up at BetOnline: Join BetOnline