BetOnline

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Last updated April 1, 2024
BetOnline review

Betonline Review

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BetOnline Sportsbook Review – $1K Sports Bonus, Pros & Cons, and More

BetOnline Sportsbook made headlines in 2009 by accepting the first bet placed from Mount Everest and donating $20,000 to charity – and it’s been making headlines ever since.

This sports betting site has been taking online bets for over 25 years. It is favored by millions of enthusiasts for its competitive odds, sports contests, and innovative betting features. The site offers reduced juice as low as 10 cents per bet throughout the MLB and NHL seasons.

Now, if you have doubts about whether BetOnline actually pays out and whether it is safe to bet with them, you are in the right place. We have answered all the main questions about the betting site here; check it out!

BetOnline Sportsbook Pros:

  • Early lines – futures available months in advance
  • Match bonuses on all qualifying deposits
  • Huge variety of promos and contests
  • High betting limits & low bets accepted
  • Zero fees on crypto transactions
  • Wide selection of safe payment methods
  • Crypto cashouts within minutes

BetOnline Sportsbook Cons:

  • 9.75% Fees for credit card deposits
  • Withdrawal fees on non-crypto cashouts

BetOnline Bonuses Available Now:

CRYPTO100 — New users who deposit with Bitcoin or Altcoins get a 100% First Deposit Sports Bonus up to $1,000

BET1000 — Cash depositors get a 50% First Deposit Sports Bonus up to $1,000

CRYPTO30 — Existing bettors can claim a 30% Sports Bonus up to $300 on all Bitcoin and Altcoin deposits of $50 or more

LIFEBONUS — You can also claim a 25% Sports Betting Bonus up to $250 on all regular cash deposits of $50 or more

$25 Risk-free Player Props Bet — Get a $25 Cashback Bonus on the first player proposition bet that you wager using the Prop Builder if it loses

$25 Live Betting Cashback Bonus — Get a $25 Cashback Bonus on your first live sports bet if it loses

$100 Fight Night Knockout Bonus — Earn double your winnings up to $100 per fight on select Bare Knuckle Fighting Championship and boxing matches

BetOnline Sportsbook: Outstanding Features

We signed up at BetOnline and tested the betting features, sports bonuses, and promotions. This sportsbook is breaking new ground, and we’ll show you how to sign up and capitalize on it in a few minutes.

Check out some of the most exciting features that we’ll dive into throughout the review:

  • MLB and NHL odds 
  • Double your winnings per fight on sponsored combat sports when there’s a knockout
  • No fees on cryptocurrency transactions – ever
  • Lifetime bonuses on all qualifying deposits
  • Customize your props bets with the Prop Builder
  • Request bets that haven’t been posted yet

Is BetOnline Legit?

BetOnline is one of the most consistent online sportsbooks in the US. It’s taken millions of bets since its launching in 2004 and boasts an A+ rating across the top review sites in the gambling industry.

The sportsbook’s online transactions are secured by the latest encryption protection, and users’ deposits are kept in an insured escrow account. Hence, your deposits are always safe and available to be withdrawn on short notice.

BetOnline’s business model has proven itself through the sports betting site’s long-term stability and success. This sportsbook is safe, reliable, and dedicated to customer satisfaction.

>> Sign up at BetOnline with $1,000 bonus

How to Join the BetOnline Sportsbook

This sportsbook is fully optimized to run on all devices and operating systems. Next, you can learn how to register on the BetOnline sports betting site:

Step One: Create Your BetOnline Sportsbook Account

  • Open BetOnline Sportsbook in your browser with this link.
  • Click on “JOIN NOW”.
  • Provide your details and create a password in the labeled fields.
  • Click on “Create Account”.

Step Two: Initiate A Deposit & Choose Your Bonus

  • You’ll be logged in automatically and directed to the Cashier. Here you can view the promo codes that will boost your first deposit. 
  • Select Bitcoin, Credit Card, or Altcoins as your deposit method, or click on “View More Deposit Options” to deposit with MoneyGram, Wire Transfer, Cashier Check, or Money Order.
  • Complete any fields required on the Payment page, select the amount you want to deposit, and enter a promo code if you want to claim a bonus.
  • Click on “CONTINUE DEPOSIT”.

Step Three: Enjoy 1000s of Online Betting Markets

  • You’ll be redirected to the Payment Provider’s secure Payment page. Complete the page and follow any confirmation prompts as you usually do when making online payments using this method.
  • Click on the confirmation button to complete your deposit.
  • Your cash and bonus will be added to your balance.
  • Bet on your favorite sports and take advantage of the earliest lines, most competitive odds, and live betting action at BetOnline.

How Does BetOnline Treat Its Customers?

Customers are the number 1 priority, a statement that this online betting platform backs up with action. Unsure? Then check out these examples:

  • Drastic Measures: When a live dealer at Global Gaming Labs was caught switching cards in 2017, the BetOnline legal team took swift action, and the sportsbook immediately cut all ties with the 3rd party operator.
  • High-End Customer Support: BetOnline provides 24/7 customer support via live chat, phone, and email, so you can contact the customer service team at any time of day or night, regardless of your communication preferences.
  • Phone support: If you can’t access the online sportsbook for any reason, you are welcome to phone the call center to place bets of $25 or more.
  • Prop bets: This is one of the few online betting operators that lets customers test out their bookmaking skills. If you’ve been looking to place a specific props wager that you can’t track down, send your bet idea to BetOnline for the Odds Team to review.

BetOnline Sportsbook Review: Why Should You Place Bets Here?

Wondering how easy it is to withdraw at BetOnline? Or how many sports are available? We look at all this and more below:

Sports Betting Markets: 5/5

BetOnline delivers competitive odds across its betting catalog, which covers over 25 categories, including popular sports: baseball, basketball, football, hockey, golf, martial arts, soccer, and tennis, as well as less common sports, entertainment betting, and politics.

BetOnline Odds: 5/5

You can be certain that you won’t find better odds on baseball and hockey lines anywhere else. The sportsbook reduces its juice to the bare minimum throughout the MLB and NHL seasons, taking commissions as low as 10 cents on Money Lines and Totals.

The site offers daily odds boosters on a variety of sporting events, such as the NBA Playoffs, UFC, auto racing, and PGA Tour events, to name a few.

Live-Betting: 4.9/5

BetOnline is a big supporter of combat sports, regularly sponsoring Bareknuckle FC and boxing matches. 

The sportsbook rewards sports bettors on select fight nights by going all out with game props and live betting odds – and you can double your winnings on every fight that ends in a knockout during the sponsored event!

Bonuses, Sports Promos, & Contests 4.8/5

BetOnline offers a choice of 2 welcome bonuses:

  • A 50% Sports Welcome Bonus up to $1,000
  • A 100% Crypto Sports Bonus up to $1,000

You can also claim bonuses on every deposit (and crypto deposit) of $50 or more, so there’s a lifetime of guaranteed bonuses waiting for you.

Sports betting bonuses come with relatively low turnover requirements, ranging from 3x to 14x rollover. We’ll further give you all the details about the multitude of amazing bonuses!

The site runs fun and engaging promotions on horse racing, golf, Esports, NFL, NHL, NBA, UFC, NCAA, MLB, NASCAR, and horse racing events. This includes free contests with prize pools of up to $25,000 – and signed merchandise up for grabs, perfect for sports fans!

Built-in Features & Bet Types: 5/5

To be among the best in the world, you need to bring together quality, quantity, and a good dose of innovation. Below, we show you some of BetOnline’s key features:

  • Variety: In addition to Straight bets, BetOnline offers If bets, Parlays, Same-game Parlays, Teasers, and Live Betting with rich in-play features and stacks of live odds for major events, including MLB, NBA, NHL, soccer, tennis, rugby, and NFL games.
  • Calendar: You can access the calendar to view all upcoming sporting events with live betting options and use the “Multi View” feature to keep track of two matches simultaneously while placing real-time bets.
  • Player props: The sportsbook features specialized Player Props software that lets you create and tailor your own proposition wagers. You can use the state-of-the-art Live Betting Tool and the Props Betting Customizer risk-free on your first attempt!

Additionally, if you can’t find the bet you’re looking for, BetOnline encourages its users to test their bookmaking skills and submit their own props ideas.

Deposits & Payouts: 4.6/5

BetOnline offers expansive payment options and boasts the highest credit card acceptance rate, facilitating deposits via Mastercard, Visa, Discover, and American Express. You can make a minimum deposit of $25 – but be prepared to pay a 9.75% card fee.

Crypto is the easiest way to top up and cash out at BetOnline. The sportsbook never deducts fees for cryptocurrency transactions and accepts Bitcoin and Altcoin deposits starting at $20.

If you don’t want to use cryptocurrency and you’re not keen on the credit card charges, you can deposit without fees using MoneyGram, Money Order, Bank Wire Transfer, or Cashier Check. However, you will incur fees if you use these methods to withdraw.

Crypto withdrawals are 100% free and released within 24 to 48 hours – typically faster, often within minutes. The site processes crypto cashouts of $20 or more, except for the following coins that have higher minimum cashout limits:

  • Bitcoin: $50 (BTC)
  • Shiba: $50 (SHIB)
  • Ethereum: $100 (ETH)
  • Tether: $300 (USDT)
  • USD Coin: $300 (USDC)

Other Altcoins supported at BetOnline are Avalanche, Binance, Bitcoin Cash, Cardano, Dogecoin, Litecoin, Polygon, Ripple, Solana, Stellar, and Tron.

>> Sign up at BetOnline with $1,000 bonus

BetOnline Sportsbook Review Score

The sportsbook rallied a total score of 4.9/5. We take many attributes into account in the final score, but BetOnline takes its biggest blows due to fees on credit card deposits and non-crypto withdrawals.

If you’re a crypto bettor, this online betting site is smooth sailing all the way. You can top up and cash out without thinking about fees, and you’ll likely have your winnings within minutes.

Regular bettors also have it good at BetOnline. The site offers a range of fee-free deposit methods, above-average cashout speeds, relatively low rollover requirements, and industry-best odds on many betting lines.

Overall, BetOnline provides a safe and secure online environment with reliable payment methods. It delivers a sophisticated yet streamlined interface – on both the desktop platform and mobile betting site – that’s more user-friendly than 95% of the best sports betting sites in the USA.

When you’re not betting on sports, you can peruse around the other site areas, including a first-class Racebook, a professional poker room, and an online casino that houses over 360 slots and live casino games.

>>Sign up at BetOnline today and get a 100% Welcome Sports Bonus up to $1,000!

Things to Consider Before You Join BetOnline Sportsbook

When you sign up with BetOnline, you officially open the floodgates to sports betting bonus nirvana. But keep in mind that bonuses always come with rollover requirements.

Fortunately, the bonus requirements at this sportsbook is relatively low. However, betting on certain sports events may have less impact than others. Only these types of bets contribute towards the rollover requirement:

  • Football, Basketball, Soccer & Tennis: Spreads and Totals to max odds of +125
  • Golf & NASCAR: Moneyline bets to max odds of +125
  • MMA & Boxing: Moneylines to max odds of -200 for favorites and +125 for underdogs
  • Baseball & Hockey: Moneylines and Totals to max odds of +125

BetOnline Promo Codes & Sports Bonuses Available Now

Check out these fantastic offers and use the unique bonus codes to claim them. You can only successfully redeem bonus codes if you have not cashed out in the last 8 days and have no existing bonus balance.

Betting bonuses expire in 30 days, so familiarize yourself with the bonus conditions to make the most of your boosted bankroll.

100% Sports Crypto Welcome Bonus

BetOnline currently gives new sports bettors a 100% Match Bonus up to $1,000 on your very-first crypto deposit, so if you don’t have an account yet, now’s the time to cash in!

Once you’re registered, you can enter the bonus code “CRYPTO100” in the Cashier and deposit at least $20 in Bitcoin or Altcoins to get the bonus. Rollover requirements of 14x apply to the offer.

50% Sports Welcome Bonus

Claim a 50% First Deposit Bonus up to $1,000 if you sign up and make a regular deposit of $55 or more. The benefit of this Welcome Offer is that it comes with lower, 10x rollover requirements.

Redeem the bonus code “BET1000” in the Cashier when you make the qualifying deposit to have the bonus added to your balance immediately.

30% Sports Crypto Reload Bonus

At BetOnline, you’re guaranteed a 30% Match Bonus up to $300 on all your Bitcoin and Altcoin deposits of $50 or more. It’s an unlimited offer, so there’s no waiting around until the next bonus becomes available.

Enter the bonus code “CRYPTO30” in the Cashier whenever you make a qualifying deposit to claim the bonus. The offer comes with 7x rollover requirements.

25% Sports Betting Lifetime Bonus

Non-crypto deposits are eligible for unlimited reload bonuses of 25% match up to $250.

To claim your 25% reload bonuses, provide the code “LIFEBONUS” in the Cashier when you deposit at least $50. The offer has 6x rollover requirements attached.

$25 Live Betting Cashback Bonus

Use the Live Betting Feature for the first time with zero risk up to $25! You can only claim this bonus when you wager your first-ever live bet with the sportsbook and only if the bet loses.

The maximum value of the bonus is $25, but your bet isn’t restricted to $25. If you place a $50 live bet that loses, you’ll still be refunded a $25 bonus.

Rollover requirements of 6x apply to the offer.

$25 Player Prop Cashback Bonus

BetOnline will give you a risk-free wager worth $25 when you use the sportsbook’s cutting-edge “Props Builder” to customize and wager your first player proposition bet.

The $25 Cashback Bonus will only be awarded if your first-ever player props bet loses. You can place a bet exceeding $25, but you’ll still only be refunded $25 if it loses. Rollover requirements of 6x apply.

Win Double Up to $100 per Fight on Fight Night

Get double your winnings on sponsored fight nights – up to $100 per fight if your bet wins and the match ends with a knockout on the BetOnline logo.

Any part of a fighter’s body or garb touching the logo counts as a knockout. TKO stoppages count, as well as a fighter attempting to get back up but not making the Standing Eight Count.

You must place straight bets of at least $5 on Moneyline or Totals odds before a fight begins to qualify for the promo. Rollover requirements of 3x apply to these bonuses.

$50 Sports Betting Cashback Bonuses

BetOnline offers a string of Cashback Bonuses for various sports. The value of each bonus is 100% Match up to $50 with 6x rollover requirements.

You have 24 hours after the completion of an event to redeem these bonuses and you can claim each bonus once.

NFL Shutout Refund Promotion:

Get a 100% cashback bonus up to $50 on your NFL point-spread bet if the team you back doesn’t manage to score any points.

The bonus can only be redeemed on regular season and postseason NFL games.

NBA Blue Balls Blowout Promo:

Place a risk-free Moneyline bet on an NBA regular season or postseason game and get your bet refunded up to $50 if it loses.

To redeem the 100% cashback bonus, the NBA team you bet on to win must be leading by 15 points or more at halftime.

MLB No-hitter, No Problem Promo:

Place a Moneyline bet on any MLB regular season or postseason game and get a Cashback bonus if your bet loses and the opposing team throws a no-hitter.

You can only redeem this bonus if the game goes for at least 8.5 innings.

UFC Championship Split Decision Refund:

Get a Cashback Bonus on a UFC Championship fight if you bet on the loser and the fight ends in a split decision.

What the Puck? NHL Cashback Bonus:

Get a refund on your losing NHL Under Total bet if one NHL team is responsible for the total Over score. You can only claim the bonus on a regular season or postseason NHL game.

The Best Online Sportsbook Alternatives to BetOnline

The debate is long: Which is better, Bovada or BetOnline? We took advantage of our review to show you 3 other popular options among sports betting enthusiasts:

 

Bovada – Up to $750 Welcome Bonus

Kickstart your betting journey at Bovada Sportsbook with a choice of 2 Welcome Bonuses depending on your depositing currency. Both bonuses have 5x rollover requirements and can be used on any sport, wager type, and odds. You can also meet the rollover by betting on horses.

  • Get a 75% Crypto Match Bonus up to $750 on your first deposit with code “BTCSWB750”
  • Deposit with Visa or Mastercard and enjoy a 50% Match Bonus up to $250

Bovada offers dozens of sports categories, with some of the most popular betting markets coming from the NBA, NFL, College Football, and UFC matches.

BUSR – First Deposit Bonus up to $1,500

Make a first deposit of $100 or more at BUSR and choose one of the Welcome Bonuses below. Be sure to use the correct promo code based on your deposit method:

  • Fiat Welcome Bonus: Use bonus code “SPORTS100FP” to get a 100% Match up to $1,500 with 20x rollover requirements
  • Crypto Welcome Bonus: Use code “100CRYPTO” to get a 100% Match Bonus up to $1,000 with 10x rollover requirements

The site has a dedicated Racebook and delivers tons of betting promotions and specials. It offers pre-game betting markets on over 25 sporting categories, including the USFL and politics, and live lines on golf, soccer, baseball, basketball, tennis, cricket, esports, and more.

BUSR accepts all major credit and debit cards, Person to Person Money Transfers, and a range of cryptocurrencies. We recommend withdrawing in Bitcoin if you don’t want to incur fees on your payouts.

MyBookie – $1,000 Sports Welcome Bonus

MyBookie delivers a wide range of compelling betting odds on global sports events, US professional sports, and college sports, including the NFL, NBA, MLB, NHL, NCAA, and NASCAR, to mention a few.

Claim a 50% Welcome Bonus on your initial deposit of $50 or more when you use promo code “MYB50” – and get a 25% Sports Reload bonus on all qualifying deposits once you’re an existing customer!

You can place Straight wagers and an array of other bet types, such as Parlays, If Bets, Teasers, and Action Wagers.

The sportsbook accepts MasterCard and Visa deposits from $45, Person 2 Person deposits from $100, and Bitcoin and alternative cryptocurrencies starting at $20.

BetOnline Sportsbook Review Verdict

If you’re ready to take your front-row seat at the next big sporting event, all that’s left is to sign up at BetOnline and decide which of the two alternative welcome bonuses to claim.

You aren’t required to make use of a Welcome Bonus when you join the sportsbook. However, it offers an opportunity to minimize your risk while learning the ropes.

Feel free to redeem the Welcome Offers at the alternative sports betting sites so you can compare the features and determine which sites you prefer. Above all, remember to gamble responsibly!

DISCLAIMER: The information on this site is for entertainment purposes only. As we’ve always emphasized, gambling is a risky entertainment form. With this in view, you should never take this path to resolve financial difficulties as there’s nothing assured. Remember, at any given point, the “house always wins.”

Do you feel as though you’re approaching problem gambling, or do you know someone with a similar issue? Without further ado, call the National Gambling Helpline at 1-800-522-4700. Also, gambling sites are 21+ only.

For free gambling resources, visit:

 


Jessica Simonson

author

I'm Jessica Simonson, a passionate poker player, bingo enthusiast, and gambling writer. My journey into the world of gambling began with a simple game of poker as a teenager, and it's been a thrilling ride ever since. I've honed my skills, played in tournaments, and shared my experiences through writing, aiming to demystify the world of gambling and promote responsible gaming. Beyond the cards and bingo numbers, I'm a firm advocate for setting limits and enjoying gambling responsibly. Join me as we explore the exciting world of chance and strategy together.


jessica@casinomaxius.com

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