BetOnline Overview
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BetOnline Key Figures
BetOnline Deposit/Withdrawal Methods
BetOnline Currencies
BetOnline Legal Information
BetOnline Detailed Review
BetOnline is a US-oriented bookmaker with a mixed reputation. The bookmaker concentrates on sports which are popular in the United States and neighboring countries. As such, European customers might find its choice of sports and betting lines lacking as these do not concentrate on soccer, hockey or tennis.
LEGAL INFORMATION
BetOnline has been established in 2001, and had been working before that under a different name. Before 2001 the company was called BestLineSports and had its headquarters in Costa Rica. Right now the team has a license in Panama and concentrates on players from the United States. This is the only bookmaker which allows registration from all fifty states.
As has been said, the HQ is located in Panama, where it employs about four hundred employees.
DESIGN, NAVIGATION, AND FEATURES
The design leaves a pleasant impression. The website provides access to bookmaker and other BetOnline’s departments, such as poker and casino. So far poker is probably the most prominent BetOnline’s activity as it attracts the most clients, many of which get interested in betting after being poker-oriented clients.
The top panel provides several categories. To access the bookmaker one has to choose either “Sports” or “Live Betting” tab. Horse racing and cybersport are designated separately.
The interesting peculiarity of this bookmaker is the odds’ format. Since BetOnline is US-oriented one would have to get accustomed to North American odds format, which are drastically different to the traditional English format. If the odds are favourable, the odds reflect the sum one would win if one would bet a hundred points. If the odds are unfavourable, the odds reflect the sum one would need to bet in order to win a hundred points.
For instance, 3,00 odd would equal to “+200”, while 2,00 would translate into “+100”. This could prove obscure for a European player. However, the bookmaker has implemented a European setting, available after one registers.
The website is convenient but does not provide sufficient information for making a bet as there is practically no statistics, and BetOnline supports neither live feeds nor video streaming of events in general. So, one would have to use auxillary resources to make a smart bet.
DEPOSIT AND WITHDRAWAL
BetOnline was among the first bookmakers to work with cryptocurrency. One can use Bitcoin, Etherium and Litecoin as well as other traditional payment systems, such as Visa and MasterCard cards. Furthermore, one has the option to use Skrill, Neteller and other popular in the US options such as money orders, cashiers’ check, bank wire transfers and others.
The fee is quite large as BetOnline claims six percent from each deposit via credit or debit cards. Putting fee on deposits is a rare choice among bookmakers in general.
Withdrawal is available through all the options mentioned, but BetOnline claims 25 US Dollars from each withdrawal transcaction.
EVENTS VARIETY AND WAGERS TYPES
The betting line seems quite unusual for a European player. BetOnline’s priority lies among such American leagues as NFL, MLB, NBA, NHL and others. As such, one can recommend BetOnline only for those who would be interested in American football and other American sports, where the betting line and wagers variety is quite extensive.
Overall BetOnline provides options for betting in 15-20 different sports types. Soccer, hockey, tennis and MMA are barely represented, though – sometimes an event would have only three odds available to choose among.
ODDS
The odds’ rates are decent for an American bookmaker. The odds on an equally probable outcome float around 1,90 mark. In case of soccer these odds would be around 1,85-1,86. The usual bookmaker’s fee would be seven to eight percent.
BONUSES AND PROMOTIONS
BetOnline provides a wide array of generous bonuses for its clients. There bonuses are usually related to ongoing events.
To claim a welcoming bonus one would need to enter a special promo-code, “NEW2500”. The bonus is equal to 50% of the first deposit amount. The maximum bonus is limited to 2500 US Dollars.
BetOnline stresses the fact that it provides services for recreational betting. Surebets and other dubious betting practices will result in account ban.
MOBILE APPLICATION
BetOnline does not have a designated mobile application, but it is not needed as the website adjusts to the device that is being used. The functionality remains the same, and it is convenient to use.
CONCLUSION
BetOnline is a solid choice for those who would like to bet on American sports. Neither reviews mention the bookmaker’s practice of impeding withdrawal of funds and BetOnline’s reputation in the US can be characterized as good. For a typical European player, however, BetOnline is mostly irrelevant as other bookies provide better and more convenient experience.