Betonline sportsbook review

Editor’s View – Key Facts We Discovered About BetOnline

• Official partner of La Liga, LFA, Matchroom, and Golden Boy
• Bettors can wager on ongoing games and also live stream popular events
• High 96.5% average payout rate for top sports events
• Exclusive odds boost bonuses for higher winnings
• Daily Cash Race with up to a $25,000 prize pool

All the same, 20+ years of experience does BetOnline a lot of good, as it means the sportsbook has a rich history to explore. That said, I wasn’t quite impressed that the operator holds a license from Panama. While it does signify regulatory compliance, the jurisdiction isn’t as reputable as others, such as the Malta Gaming Authority or Curaçao Gaming Board.

Despite the poor license, I still registered a BetOnline account after discovering that the sportsbook is an official partner of La Liga, LFA, Matchroom, and Golden Boy – these affiliations put the platform in a good light. I enjoyed using BetOnline via browsers on my PC and mobile device, and the experience was smooth for both.

From a quick scan of the sportsbook, I found that the available betting options were quite extensive. One way or the other, this early information contributed to my 3.5 rating of the site. You can learn the other details as you continue reading.

My User Experience on Mobile App and Website

On mobile, BetOnline delivers effortless betting, which I can testify firsthand. If you’re after an installable app, the operator doesn’t have one. However, while using the mobile site via Safari on my iPhone, it sure felt as smooth as using an application.

In my opinion, the highlight of the mobile interface is the bottom tap with a menu button at the center. Upon clicking the menu, I got a grid of options to access all top sections on the sportsbook website. These include sports, live betting, eSports, promos, and more. Thanks to the tab, it only took me seconds to arrive at any page I wanted.

Another feature worth commending is BetOnline’s arrangement of sports events. The mobile site — and the desktop version, too — features each event in a separate box with round edges and a shadow. From my experience, the shadow not only made it easy to distinguish the sports games, but it also gave the interface an elite appearance.

My Registration Experience with BetOnline – Step-by-Step Sign-Up Guide

BetOnline has an entirely manual sign-up procedure. If you want to register an account, you can’t use third-party sites like Google and Facebook, as other crypto sportsbooks allow. While this didn’t please me, I had no hassles while creating my account. Here’s a rundown of the steps I took:

1. Visit the website and click “Join Now”: First, I went to the BetOnline website and clicked the green “Join Now” button at the top right corner. Doing this gives you access to the signup form.
2. Complete the form: The registration form requires a couple of details, including name, email, password, country, zip code, phone number, and date of birth. I provided each requested detail in this second step.
3. Finalize the signup: At the end, I clicked on “Create Account”. That was it, and I got a notice saying, “Congratulations, you’re now a BetOnline member.” Subsequently, I was redirected to my dashboard to deposit and start betting.

The range of payment methods at BetOnline Sportsbook deserves a round of applause. If you’re wondering what options are available, there are four main categories: Bitcoin, credit card, eCheck, and altcoins. I think it’s pretty interesting that the operator places BTC in a class of its own. Besides the king of the market, other supported coins include ETH, XRP, SOL, BNB, USDT, and many others.

From my experience, BetOnline has varying limits for the different payment options. When I deposited using Bitcoin, the minimum was $20, while the maximum was $500,000. The minimum was the same for altcoins, but the maximum was lower at $100,000. Meanwhile, upon testing the credit card option later, I got a $25 to $500 limit. Interestingly, eCheck has no minimum or maximum limits.

I recommend Bitcoin and altcoins for depositing at the sportsbook since they have zero fees. If you use eCheck, you’ll pay 4.5% as charges, and with credit cards, it’s a high 9.75%.

Moving on to withdrawals, I noted that the minimum and maximum limits also vary. I submitted my first payout request using Bitcoin, and the limit was $100 to $100,000. But when I checked for altcoins, the range was lower, from $20 to $10,000 or $25,000. I found fiat options such as Money Order, ACH, Check by Courier, Money Gram, and Bank Wire for withdrawals, and the limits varied significantly.

Notably, BetOnline Sportsbook also has withdrawal fees, but they are generally based on the withdrawal amount. Nevertheless, you can cash out without paying fees with crypto coins such as Litecoin, Ripple, Binance Coin, Cardano, and Dogecoin. To clarify, Bitcoin, Ethereum, and Tether all have charges.

How Was My Deposit Process?

Funding my BetOnline Sportsbook account wasn’t a challenge. If I were to describe it in one word, I believe “effortless” does the job. You can check out the steps I took below:

1. Click the “Deposit” button: I tapped the green “Deposit” button with a dollar sign at the top right. Instantly, it opened up the payment page.
2. Choose a payment option: The deposit page features all 4 supported payment methods: Bitcoin, credit card, eCheck, and altcoins. I selected BTC, which was the first.
3. Enter deposit amount: Next, I typed in the amount I wanted to add to my account in USD and continued. The sportsbook featured a real-time exchange that converted the USD value to BTC.
4. Copy address or scan QR code: BetOnline gave me two options for the payment: a Bitcoin wallet address and a QR code. I opted to copy the address.
5. Make the transfer: For this step, I switched to my crypto exchange wallet and pasted the BetOnline BTC address. Then, I transferred the exact amount of Bitcoins I had specified on the betting site.
6. Confirm the transaction: After transferring the coins, I checked the BetOnline website and saw that the funds were already in my account. The processing was that fast.

How Did I Place a Bet on BetOnline?

With funds in my account, I was ready to start betting on the BetOnline website. The process was also not complex, and here’s how I went about it:

1. Navigate to the sports section: I started by clicking Sports on the top tab on my dashboard — it was the first in the row.
2. Choose a category: Using the left-aligned menu, I scrolled through the sports categories until I found soccer. That’s what I wanted to bet on.
3. Select a competition: Next, I had to choose a soccer league or tournament to bet on. During my review, I selected the UEFA Euros and Copa America.
4. Pick odds: On the soccer page, I selected the games I wanted to bet on by clicking on the odds that matched my predictions. These selections were automatically added to my bet slip.
5. Place bet: Finally, I opened the bet slip and entered the amount I wanted to bet on – “Risk,” as the sportsbook puts it. Then, I clicked “Place Bet” to submit.

My Experience with Withdrawing Winnings at BetOnline

I placed my first payout request about a week after signing up with BetOnline Sportsbook when I scored some winnings. If you’re interested in how it went, I must say it was as effortless as depositing. I went through the steps below:

1. Access the withdrawal section: I began by tapping the deposit icon again, but this time, I switched to the Withdrawal tab.
2. Specify the payout amount: The next step was to enter the amount I wanted to cash out.
3. Select a payment method: BetOnline prompted me to choose a payment method from a list of cryptocurrencies and fiat options. For my first payout, I went with Bitcoin.
4. Enter wallet address: Next, I pasted my BTC wallet address into the designated field on the withdrawal page. I made sure to double-check that it was correct.
5. Submit the request: Finally, I sent the payout request and waited for BetOnline to process and credit me.

Generally, BetOnline aims to process payments within 24 hours, which was what I got with Bitcoin. However, the turnaround time varies for altcoins and fiat options. I won’t recommend using fiat options for withdrawals, as processing takes 5 to 15 days. You can find out more details in the table below:

Payment Method	Withdrawal Limits	Fees	Processing Time
AVAX	$20 to $10,000	Free	24 hours
BNB	$20 to $10,000	Free	24 hours
BTC	$100 to $100,000	Based on amount	24 hours
ADA	$20 to $25,000	Free	48 hours
DOGE	$20 to $10,000	Free	48 hours
MATIC	$20 to $10,000	Free	24 hours
SHIB	$50 to $10,000	Free	24 hours
SOL	$20 to $25,000	Free	48 hours
USDT	$200 to $100,000	Based on amount	48 hours
TRX	$20 to $25,000	Free	24 hours
USDC	$200 to $100,000	Based on amount	48 hours
ETH	$200 to $100,000	Based on amount	48 hours
LTC	$20 to $25,000	Free	48 hours
BCH	$20 to $10,000	Free	48 hours
XRP	$20 to $10,000	Free	48 hours
XLM	$20 to $10,000	Free	48 hours
ACH	$100 to $1,000	$20 + 2.5%	5 days
Money Order	$500 to $5,000	$80	7 days
Check by Courier	$500 to $2,500	Based on amount	7 days
Bank Wire	$500 to $25,000	Based on amount	15 days
MoneyGram	$50 to $400	Based on amount	5 days

Betting Market – Over 30 Sports

While exploring BetOnline Sportsbook, I discovered that the platform offers more than 30 sports betting markets. If you check the options, you’ll find both popular and lesser-known categories. Soccer, basketball, tennis, baseball, and American football are among the top categories. Additionally, there’s hockey, horse racing, and golf.

The variety doesn’t stop there, as BetOnline Sportsbook also covers sports like lacrosse, martial arts, and darts. I was particularly impressed by the options to bet on politics, entertainment, and financials. How many other crypto sportsbooks offer such categories?

Odds

From my review of BetOnline Sportsbook, my conclusion is that the platform generally offers fair odds for popular events. If you’re betting on games with less traction, the odds may not be so competitive. The average margin I calculated for top soccer, basketball, and tennis games was around 3.5%. However, when I checked for less popular competitions, the rate was over 7%.

Nevertheless, a 3.5% to 7% odds margin indicates a 93% to 96.5% payout, which is still commendable. As for how the odds are displayed, BetOnline Sportsbook defaults to the American format since the sportsbook primarily serves bettors in North America. However, with the option on the left-aligned tap, I was able to switch to decimal or fractional formats.

Range of Bets

BetOnline Sportsbook doesn’t provide extensive bet types. If you want to know what I mean by that, visit the website and navigate to any sports category. For most major sports events, I found 7 to 30 markets available. That’s significantly low compared to other top sportsbooks I’ve reviewed.

Perhaps the plus side to it is that the site has popular options. For instance, top markets like matchwinner, totals, handicap, both teams to score, and correct score were available for soccer. Similarly, when analyzing a basketball game, I found only 7 bet options, but it included money lines, spreads, totals, and quarters.

Live Betting and Streaming

When you visit BetOnline Sportsbook, you’ll find the live betting option on the top menu. If you use mobile, it’s at the bottom tab. Based on my experience, BetOnline offers live betting for all top sports, such as soccer, basketball, cricket, baseball, and tennis. The live betting interface is quite neat and not cluttered, which made it easier for me to bet and follow the games.

Interestingly, BetOnline Sportsbook supports live streaming. However, from my findings, the streams are only available for popular events when a valid video source is found. All the same, I commend the limited support, as not all crypto sportsbooks offer it.

BetOnline Esports

Games – Over 10 Esports

Regarding eSports, BetOnline performs impressively. If you visit the section on the site, you’ll find 11 categories to choose from. Notably, the eSports section is easy to locate since it’s on the top tab.

BetOnline’s eSports offerings caught my interest thanks to their extensive selection. The sportsbook includes major titles such as Counter-Strike, League of Legends, Call of Duty, FIFA, and Valorant. However, I didn’t find Dota 2, which is the primary downside of the eSports coverage.

Tournaments

BetOnline doesn’t leave out any major tournament for its supported eSports titles. On the site, I was able to bet on top leagues such as RES EU for Counter-Strike, LPL for League of Legends, and CDL for Call of Duty. I also found them easy to access as each tournament was nested in its eSports category on the left tab.

Odds

Esports odds margins on BetOnline Sportsbook range from 7% to 8%. If you ask me, that’s quite fair because some other platforms have as high as 10%. Interestingly, I was able to change the odds from American to decimal, fractional, and Hong Kong — one more than the regular sports option.

Live Betting and Streaming

As I expected, BetOnline offered live betting markets for eSports, and the setup was the same as that of traditional sports. If you want to live stream, the option is also supported, thanks to links from Twitch.

Betting Bonuses and Promotions

I found a lengthy list of promotions on the BetOnline website — more than 15. After checking each one, I discovered that most were market-specific, such that you get your bet back if your wager on a particular market doesn’t win. You can explore these offers when you sign up, but here are the top 5 standard promotions that I claimed:

• Welcome bonus
• Risk-free live bet
• Odds boosters
• Daily Cash Race
• Referral bonus

Welcome Bonus

Description: Get 50% up to $1,000 as a new bettor.

How it Works:

• Create a new account.
• Deposit up to $55 with the promo code BET1000.
• Get bonus.

Experience: My first deposit was $100 worth of BTC, so I got the bonus immediately after payment. To withdraw winnings, I had to complete a 10x wagering requirement within 30 days, which was pretty convenient.

Risk-Free Live Bet

Description: Up to $50 risk-free bet on first loss.

How it Works:

• Place up to a $50 wager in the live betting section.
• Email promos@betonlinecs.ag if your bet loses with “$50 Risk-Free Live Bet” as the subject.
• Receive the free bet bonus.

Experience: It took me up to a day to get the bonus after emailing. Impressively, it had no wagering requirements.

Odds Boosters

Description: Get odds boosts on popular markets.

How it Works:

• Navigate to the sports section.
• Check for sports markets with increased odds.
• Place your bets.

Experience: I appreciated this bonus since BetOnline often offered it for parlays, props, and futures. Also, the promo had no requirements regarding deposits, stakes, or playthroughs.

Daily Cash Race

Description: Up to $25,000 for grabs every 24 hours.

How it Works:

• Place bets as usual.
• Finish among the top 2,500 BetOnline users each day.
• Get a share of the $25,000 prize pool.

Experience: This is another of my favorite bonuses because I found it easy to qualify. All I had to do was submit bets. When I finished among the top users, I got the reward as cash with no restrictions or rollover requirements.

Welcome Bonus

Description: Get 50% up to $100 per referral.

How it Works:

• Refer new users to sign up via your link.
• Your referral makes a first deposit of up to $50.
• You get 50% of their payment up to $100.

Experience: I claimed this offer twice during my BetOnline Sportsbook betting sessions. Like the others, it had no restrictions or wagering requirements.

VIP Rewards

Description: The VIP Club is quite extensive, with 7 different levels: Bronze, Silver, Gold, Platinum, Diamond, Elite, and Black.

How it Works:

• Place bets up to specific amounts.
• Climb the tiers of the VIP program.
• Receive exclusive bonuses and other benefits.

Experience: Although I was only a Bronze member throughout my review, I commend the program for its many benefits, such as a cash boost, lower deposit fees, a dedicated VIP team, tailored gifts, and rewards.

Limits

When placing bets on the BetOnline website, I found a $1 to $1,000 limit. If you check other crypto sportsbooks, you may find $0.5 minimum or even $0.01. Nevertheless, I still rate the BetOnline limits as accommodating. My only problem in this aspect is that I found no tools to limit my gambling.

Reaching out to BetOnline’s customer service was straightforward. If you click the red NEED HELP? button on the website, you’ll find 4 options.

• Live chat
• Email: help@betonlinecs.ag
• Phone: 1-888-426-3661
• Help Center

I highly commend the phone option since I don’t get it from most other crypto sportsbooks. That said, I got the best experience with live chat. After clicking the option, I connected with an agent, Adeline Josephs, and the responses were relatively fast. There was no bot in between.

BetOnline is safe and legit, and the most obvious proof is that the site has been around for more than 20 years. If the sportsbook weren’t legit, the operator wouldn’t be standing strong. Furthermore, BetOnline is a partner of La Liga, LFA, Matchroom, and Golden Boy — all renowned brands in the sports industry. However, I don’t rate the site’s Panama license highly. In terms of security, BetOnline uses the standard SSL encryption, which is 100% dependable.

Restricted Countries

BetOnline is unavailable in 30 countries. Nevertheless, it’s noteworthy that the platform is available in the US and Canada, as these regions are usually limited for crypto sportsbooks. Check out the complete list of restricted countries below:

• Afghanistan
• Australia
• Belgium
• Bulgaria
• Central African Republic
• Côte d’Ivoire
• Cuba
• Democratic Republic of the Congo
• Democratic People’s Republic of Korea
• Eritrea
• France
• French Guiana
• French Polynesia
• French Southern Territories
• Guinea
• Guinea-Bissau
• Iran
• Iraq
• Lebanon
• Liberia
• Libyan Arab Jamahiriya (Libya)
• Mali
• Malta
• Myanmar (Burma)
• Netherlands
• Netherlands Antilles
• New Jersey
• Panama
• Republic of Korea
• Sierra Leone
• Slovenia
• Somalia
• Sudan
• Syrian Arab Republic
• United Kingdom
• Yemen
• Zimbabwe

Reputation – What do BetOnline Player Reviews Say?

During my BetOnline Sportsbook review, I analyzed players’ feedback on Trustpilot to measure the platform’s reputation. If you check the review site, you’ll find that the sportsbook scores an average of 3.6/5. While 50% of bettors rate it 5/5, 28% assign only 1-star.

Based on my checks, the website’s intuitive interface, fast payouts, and top-notch customer support drive the high ratings. Meanwhile, bettors who rate the site low complained about not being able to complete verification for withdrawals and the high 9.75% credit card deposit fees.

BetOnline Commitment to Responsible Gambling

I wasn’t impressed by BetOnline’s responsible gambling commitment. I only found time-out and self-exclusion — available manually by contacting customer support. The site doesn’t have tools to set limits on deposits, sessions, losses, and others.

Did I Have any Problems Playing on BetOnline?

Yes, the problem I had with BetOnline was that the withdrawal limits for cryptocurrency significantly increased at a certain point. However, there was a notice that it was due to network issues, and things will return to normal once everything is resolved. Indeed, it happened that way. So, in case you experience this, don’t panic. Just give it time.

Why Did I Give BetOnline Crypto Sportsbook a Rating of 3.5?

BetOnline Sportsbook gets an average 3.5 rating for multiple reasons. First, the site impresses with its rich 20+ years history, support for fiat and crypto, fast payouts, and reliable customer support. However, the sportsbook doesn’t get a higher score due to the transaction fees, few bet types, and Panama license. In comparison, my 3.5 rating for BetOnline matches the 3.6 score on TrustPilot and 4.2 on AskGamblers.

My Final Verdict – Do I Recommend Betting at BetOnline?

Yes, I can recommend betting on BetOnline sportsbook, but the ultimate decision should depend on your personal preferences. While the Panama license isn’t as reputable as others, BetOnline’s partnership with renowned sports brands and its 20+ years of experience cements its legality. Additionally, I must commend the highly dependable customer service, reachable via live chat, email, and phone. My ultimate verdict is this: If you don’t mind the limited bet types and fees for some crypto coins and fiat methods, then, the platform is an excellent choice.