SportBet Sportsbook Review
Originally Published: 10/15/2015
Welcome to our review of the SportBet sportsbook! Here we are going to to break down all the positives and negatives about using the SportBet book. SportBet has been around since 1997 and is the sister site for 5Dimes (our review for 5Dimes can be found here.). In fact, the two sites are so closely related that if you have a 5Dimes account then you can log into Sportbet using the exact same login and password. As always, we will throw in the disclaimer that none of us at DRatings are lawyers, but the post found at Is Online Sports Betting Legal? is a great reference.
There is a lot to love about SportBet! As you will eventually come to realize after reading the rest of this review, we are pretty big SportBet fans. It all starts with them having an impeccable reputation! Online sportsbooks seem to pop up weekly and there are a lot of them that can not be trusted. Being that SportBet has been around now for almost twenty years makes it one of the earliest players to enter the industry. And you certainly don’t last that long in this industry unless you are one of the best and treat your players fairly. We detail more about the SportBet sportsbook below, hope you enjoy!
SportBet has a wide variety of options for deposits into the account and the most popular options are always free of charge. If you’d like to see a full list of deposit options and fees, see SportBet Deposit Options. Most of these options are more trouble than they are worth so we will focus on the two that are the easiest.
First, the VISA Processor option, is the easiest mainstream way to get money into your account. First time users are limited to a minimum of $50 and a maximum of $250 for their first deposit but the maximum range jumps to $500 after your third deposit. By your third deposit, you will be able to make regular deposits with out any time limitation (i.e. no need to wait 24 hrs after your first deposit, and 48 hours after your second deposit).
Second, is Bitcoin. This is certainly the most recommended option as it gives the user the most flexibility in deposits (and withdrawals as you’ll read about later). Bitcoin deposits are essentially unlimited. There is actually like a $100,000 maximum deposit, but it’s highly unlikely that anyone reading this is looking to push that much money into SportBet.
In short, the deposit options into SportBet is top-notch.
Limits/Ease of depositing money: 10/10
The best way to describe SportBet’s user interface is that isn’t the prettiest, but it is very functional. There have been a lot of books lately that have made some very impressive interface changes like Bovada, so it is a little shocking that SportBet hasn’t tried to follow suit. At the same time, one can argue that if it works then there is no need to fix it.
The one advantage about the SportBet set up is that it is very simple to use. On the left side of the screen (as one can see in the image above) are the bet types and in the middle of the screen the sports. To move on to the next screen, the user simply selects a bet type and the sport and they are directed to a list of bets within those parameters.
Once the bet (or bets) are selected, the user is then brought to a screen to confirm the bet. Again there is not much room for error as they use a bold font on the bet, the amount that you are risking and the amount that you can win. You are then also asked to put your password in again for final confirmation of the bet. We find these to all be good policies as SportBet makes it near impossible to bet on something that you didn’t intend to bet on.
Look and feel of the betting interface: 8/10
With an impressive slate of things to bet and with very little juice on the matches, SportBet is very strong in this category. The odds here will get even better if you go with their 30% Super Saver Promotion which puts the odds on almost all head-to-head match ups at -107 style pricing. In the long run, this is a huge advantage to the better as with this pricing you only need to win 51.7% of your match ups to break even. Compare that to the 52.4% that you have to win with -110 style pricing to break even and it’s easy to see that the advantage at SportBet can make or break a season.
One of the things that always impresses us with SportBet is the variety of lines and the speed at which they come out. In the summer, SportBet (along with 5Dimes) were the first to put out odds on 150 or so college football match ups through out the season. If soccer is your game, then just about every European football league is covered along with all the leagues in South America and the MLS in the United States.
With all this in mind, these are all very good things for the serious high-volume sports bettor.
Odds Prices and minimum bet limits: 10/10
Our dialog on SportBet’s mobile platform will sound a lot like our dialog on the web site’s user interface – it’s not super pretty, but functional. It is no doubt challenging to organize and fit all the different betting types and such into something that can be viewed on a mobile phone and SportBet actually does do a pretty admirable job.
Once logged in, the user is given all of the sports and leagues in a list under the “Bet the Board” option. For convenience, the option to “Continue” or move to the next screen is always available at the top of screen as well as your account settings and the ability to deposit money. Once the sport or league is selected, you are taken to the page that looks very similar to what the bet selection screen looks like on the web site (see image to the left). You are actually given a notification to turn your phone into landscape mode for easier viewing and it is true that viewing it this way does help a little bit. However, even in portrait mode, you are easily able to scroll to the right to see all the odds and easily make bets on the games. Once a bet is selected, the user is taken to a bet confirmation screen, that again, is very similar to the screen that one would see if confirming a bet on their computer. Once the bet is confirmed, the process is completed and you are good to go.
Overall, while SportBet doesn’t have the most impressive mobile platform, it certainly does the trick for users who are constantly on the go.
Mobile Betting Platform: 7/10
If you are looking for the shining star of payouts in the industry then you’ve found it here with SportBet. Along with 5Dimes, if I could rate their payouts any higher then a ten then I would. There is a huge list of payout methods on their web site, but I will focus on the options that are the most popular.
First are the cashier’s checks. Requests for check payouts are free once every 30 days, and additional payouts outside of that window will cost $40-$80. Though with the limit currently at around $3,800, you’d be in very good shape to need a payout more often than every 30 days.
Another option which is my favorite is the Bitcoin payout. Here you can request payouts of up to $10,000 straight through their Cashier system and up to $100,000 through an email. The last time I requested a payout through Bitcoin I had the money in my account in four hours. Those that have been around this industry know that type of turn around time is extremely impressive.
Ease and price of payouts: 10/10
We need to clarify right off the bat here that are final rating on Promotions doesn’t include the 30% Super Saver Bonus. We more or less assume that every user reading this would pick that bonus and thus include it in our 10 out of 10 rating in the Odds/Bet Limits section of this review. If that promotion were included in this section then it would be rated much higher.
There are three main promotions that the user can sign up for when they originally sign on with SportBet. The first is the 30% Super Saver Bonus which we highly recommend and have already covered here in pretty serious detail. The other two contain different varieties of free play bonuses in the sportsbook, casino and lottery which are built into the site. The terms on these promotions can be a little bit confusing though they are all listed out in good detail on the web site.
Pro: Simply the best payouts in the industry!
Pro: The Super Saver Bonus gives the bettor incredible odds.
Pro: Early lines and tons of options for action on games across the globe.
Pro: Better parlay odds then just about any book out there.
Pro: The sister site to 5Dimes which is a highly reputable site.
Con: A somewhat dated betting interface.
Con: While their mobile betting system isn’t bad, it’s not one of the better ones out there.
3/21/16: Removed some payout methods.
There is a certain type of bettor that feels like a good fit for a certain type of sportsbook. A recreational bettor who likes fun promotions and occasionally likes to spend time in the casino area is more well suited for Bovada. SportBet, however, is the perfect site for the seasoned, high volume bettor. If you are someone that simply wants a huge list of things to bet and the best odds available on those things to bet so you can win as much money as possible, then SportBet is absolutely the place for you!
To sign up at Sportbet: Join SportBet