GTBets Sportsbook Review
Original Publication: 7/10/2014
They are somewhat of a new player in the market of sportsbooks, but GTBets has made some positive noise recently. GTBets offers an amazing amount of promotions and have a great system of rewards. I do not like to touch on the legal climate of gambling in the United States, however, I think a great reference can be found at Is Online Sports Betting Legal?
After playing around with the GTBets system, I can really say that I have come to enjoy it. I will touch on all the major components below. Hope you enjoy!
Depositing funds into sportsbooks can sometimes be a little bit tricky, but I haven’t heard of any issues with GTBets. VISA and MasterCard are the simplest way to deposit funds, though at the time of this writing, MasterCard appeared to be temporarily unavailable.
The minimum for credit card transactions is a very reasonable $35, but with a 100% first time deposit bonus (up to $250) I would recommend depositing that to get the best bang for your buck.
The newest and best way to deposit money into your account is through Bitcoin. With this method the minimum deposit is $35 and the maximum deposit is $3,000, and it comes with no associated fees.
Limits/Ease of depositing money: 8/10
Back when we first wrote this article in 2014, one of our biggest complaints was of the GTBets betting interface. It did not come with a lot of flash, and it looked very dated. See the old interface below…
In June of 2016, GTBets rolled out their new betting interface and it was very impressive to say the least. Not only is the interface more aesthetically pleasing, but it is also much easier to use. See the new interface below…
Using the betting interface is simple. Once a sport and league is selected on the left, the interface brings up the events and lines for the games within that category. In what is another improvement over the old version, instead of the interface listing all the full lines, halftime lines, etc. together, you can now filter these categories.
Selecting your bet is very self-explanatory. Simply select the spread, money line or totals bet you wish to make and then you can then either put in the amount that you wish to wager or the amount that you wish to risk for each bet on the right side of the screen. Once this is completed, you can review and confirm your bet.
This improvement really takes one of GTBet’s biggest weaknesses and turns it into one of their biggest strengths.
Look and feel of the betting interface: 9/10
This is sure to be the most boring sections in this review. As a whole, GTBets is about as run of the mill and standard as they come.
First, The lines come out at a decent time. They don’t rush to get their lines out, but they aren’t slow to get them out ever either. Second, you typically get the standard 20 cent lines that are seen across all the major sportsbooks. Last, the minimum online wager for a match is one dollar, which is also pretty much the standard across the industry.
Odds Prices and minimum bet limits: 8/10
GTBets offers a slick design coupled with easy navigation to make their mobile platform a good one.
Navigation at the bottom of the screen allows the user to choose between the sportsbook, casino, and all of their account information. The menus are then designed to pop up in the middle of your screen to make it easy to select which sport or option you wish to choose.
I would actually say that the GTBets mobile site is the easiest site to navigate of all the different sites that I have reviewed to date.
With the 2016 update, the mobile site looks very similar to the desktop site. So, if you as a user, place a high importance on the quality of the mobile site then I would certainly direct you toward GTBets.
Mobile Betting Platform: 9/10
Withdrawing money from offshore sportsbooks can be a little bit costly and expensive and GTBets is no different. All clients of GTBets using credit card as a deposit method must provide documentation prior to receiving a withdrawal. All credit card depositors are also required to receive their first two lifetime withdrawals through bank wire. Cash methods are not available until a third withdrawal request.
Bank wires or getting a check by courier are typically the easiest forms of payment. The fees for these forms of payout are quite standard with a bank wire costing $60 and a check by courier costing $30.
The positive spin on this is that GTBets is very upfront and honest about the availability of their payout methods, whereas many sportsbooks try and hide their shortcomings. Other good news for GTBets is that you can trust that the payout methods they say are available will indeed work. If payouts are of the highest importance then I would highly recommend Bovada as an alternative.
Starting in 2016, GTBets upped their game a little bit and is offering free Bitcoin payouts up to $5,000. This welcomed addition puts them on a much more level playing field with a lot of the other sportsbooks. This is definitely a game-changer for GTBets and really quells what we have always considered their biggest weakness.
Ease and price of payouts: 8/10
Simply put, GTBets gets very high marks for their promotions and rewards programs.
The first deposit bonus of 100% (up to $250) matches the best bonuses that we have seen in the sportsbooks that we have reviewed. It is important to note that there are rollover requirements that are credited on a point basis, but that is standard and expected. Reload bonuses start at 5%, but depending on your account status can go all the way up to 50%. It should be noted that if you are at the 50% level, you are most likely losing way too much money and should probably curtail your betting habits a bit. Finally, and perhaps the most unique thing at GTBets offers is their “favorite team” bonus. Before the season starts, you go on and select your favorite NFL, NCAA Football, NBA, and NCAA Basketball teams and every time they play you are awarded bonus points on the spread. This amounts to a 1/2 a point in football, and 1 point in basketball. It may not seem like much, but those points will add up in the long run.
The rewards system that GTBets uses is also pretty neat. Teaming up with GameTimeRewards, GTBets lets you earn points every time you bet to be traded later for more bets or merchandise. The one downside to this system is that you are transferred to a different web site to view your rewards. I think it would have been much more clean and preferable to all be done within the GTBets site.
Overall, this is about as good as it gets for rewards and promotions!
Pro: Awesome mobile site for smartphones.
Pro: Reputable and honest.
Pro: High marks for their rewards and promotions.
Pro: Very well designed mobile site.
Pro: Free Bitcoin payouts up to $5,000.
Con: Traditional payouts are costly.
Con: Still pretty new to the industry.
6/13/16: GTBets updated their entire platform so we updated our review.
3/2/16: GTBets is now offering free Bitcoin payouts up to $5,000. This jumps their Payout section from a 6 to an 8 rating.
In all, it is very fair to say that GTBets is a very good sportsbook. I will again highlight their impressive promotions and very neat rewards system. Betting with these guys is easy and fun and if it weren’t for their high cost of payouts then I would be giving GTBets even higher marks.
To sign up at GTBets: Join GTBets