They are somewhat young in the market of sportsbooks, but GTBets continues to make a lot of positive changes. Gone are the days of GTBets being a new player in the market. In the last few years, they’ve established themselves as one of the bets. The GTBets sportsbook offers an amazing amount of promotions and they have a great system of rewards.
After playing around with the GTBets system, we can really say that it is very enjoyable. We will touch on all the major components below. Hope you enjoy!
Depositing Money
Depositing funds into sportsbooks can sometimes be a little bit tricky, but we haven’t heard of any issues with GTBets. The easiest way to fund your account at GTBets is with Bitcoin, Bitcoin Cash or Litecoin. However, VISA and MasterCard are still options available to deposit funds.
The minimum for credit card transactions is a very reasonable $35, but with a 100% first time deposit bonus (up to $500). We would recommend depositing that to get the best bang for your buck.
The best way to deposit money into your account is through Bitcoin. With this method the minimum deposit is $35 and the maximum deposit is currently at $10,000. The newest method of deposit is also in the crytpo space with both Litecoin and Bitcoin Cash. The good news is that all cryptocurrency methods come with no associated fees!
Limits/Ease of depositing money: 9/10
Betting Interface
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…
GTBets Old Interface – GTBets Sportsbook Review
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…
GTBets New Interface
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
Odds/Bet Limits
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 bet is one dollar. This is pretty much the standard across the industry.
Odds Prices and minimum bet limits: 7/10
Mobile Betting
GTBets Mobile Site
GTBets offers a slick design coupled with easy navigation to make their mobile platform a good one.
The navigation menu at the top-left corner of the screen allows the user to choose between the sportsbook, casino, and all of their account information. Menus are then designed to pop up on the left side of your screen to make it easy to select which sport or option you wish to choose.
The GTBets mobile site is the easiest site to navigate of all the different sites that we reviewed to date. In fact, we will also go so far to say that no other sportsbook has spent as much effort as GTBets to improve their mobile site.
With an update to the site in 2016, the mobile site began to look very similar to the desktop site. With their update in the summer of 2018, it’s safe to say that they’ve come close to perfecting it. So, if you as a user, place a high importance on the quality of the mobile site then we would certainly direct you toward the GTBets sportsbook.
Mobile Betting Platform: 10/10
Payouts
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 are typically the easiest forms of payment. The fees for these forms of payout are quite standard with a $40 cost.
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 the GTBets sportsbooks and really quells what we have always considered their biggest weakness.
In July of 2018, GTBets began to offer payouts in the form of Bitcoin Cash and Litecoin. These withdrawals follow the same rules as Bitcoin with one free payout every 30 days. If you need one more often, they will come with a fee of either 5% of the payout or a $60, whichever is less.
Ease and price of payouts: 8/10
Promotions
Simply put, GTBets gets very high marks for their promotions and rewards programs.
The first deposit bonus of 100% (up to $500) matches the best bonuses that are available. 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, then you should slow down. You are most likely losing way too much money and should probably curtail your betting habits a bit. Further, there is also 50% bonus on your second deposit up to $500.
Perhaps the most unique thing that 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 with every 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. It would have been preferable for all of this to be done within the GTBets site, but the structure is still great.
Overall, this is about as good as it gets for rewards and promotions!
Offers/Promotions: 10/10
Pros/Cons
Pro: Awesome mobile site for smartphones.
Pro: High marks for their rewards and promotions.
Pro: GTBets is continually innovating their site for the better.
Pro: Free Bitcoin payouts up to $10,000.
Con: Traditional payouts are costly.
Con: Still relatively new to the industry.
Updates
The original publication of this blog was on 7/10/2014. Listed below are the updates that we have made to the review since that time.
3/2/2016: Now offering free Bitcoin payouts up to $5,000. This jumps their Payout section from a 6 to an 8 rating.
6/13/2016: GTBets updated their entire platform so we updated our review.
6/24/2017: A few small updates, but not substantial to note. GTBets currently sits at #5 on our list of top sportsbooks.
7/2/2018: Added a few deposit and withdrawal methods. Increased rating on deposits. Increased rating on mobile site.
4/15/2019: Some small updates across the board. Nothing major.
7/27/2021: A few more minor updates. With every year that goes by, GTBets continues to get better.
Conclusion
Concluding, it is very fair to say that GTBets is a very good sportsbook. We 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 we would be giving GTBets even higher marks.
To sign up at GTBets: Join GTBets