BetOnline Review – High Limits, Fast Payouts & Crypto Betting
Best Promo: 50% up to $250
- FREE250
- Minimum $50 deposit
What This Means For You
- Deposit $100 get $50 Free Bets
- Deposit $500 get $250 Free Bets
Reviewer’s Notes
- Use crypto for a 24-hour payout and looser security checks.
- Earn $100 cash for ever friend you refer
Pros
- Outstanding Crypto Options
- Ground-Breaking Parlay Builder
- 24/7 Customer Support
Cons
- Limited Live Betting Options
- Slow Payouts on Some Methods
- Not Available in NJ
Why BetOnline?
Often seen as the King of the offshore sportsbook market, BetOnline is the go-to option for rookie and veteran players due to its reliability and welcoming user experience. They were also the first major sportsbook to open up their banking methods to include cryptocurrency, making it easier than ever to deposit and have your money paid out in your preferred method.
Is BetOnline Legit?
Yes BetOnline is both legal and legitimate. In the United States they accept players from 49 out of 50 states (New Jersey excluded) and they hold a license from the Panama Gaming Control Board. That control board has been in operation since 1947 and demands their members uphold strict standards to protect players and ensure access to honest and fair gaming.
On top of that, BetOnline have been an established brand since 1991 and have an active problem gambling section with support from established associations like Gamblers Anonymous which further strengthens their reputation as a trustworthy brand.
Available States
Restricted States:
New Jersey
Restricted Countries:
France, Spain, United States, China, Italy, Turkey, Mexico, Thailand, Germany, United Kingdom
VPN Status:
Allowed
License:
Panama Gaming Commission
BetOnline Deposit Bonus
FREE250
Up to $250 in free bets and 100 free spins in the casino
BetOnline Promos
$50 Risk-Free Live Bet
For your first wager on a live event!
- Place Wager on Live Event
- Refund up to $50
- Early odds on events
Welcome Bonus
For new players only
- Claim When You Sign Up
- Bet on restricted events
- Early odds on events
Refer A Friend
For new players only
- Refer All Your Friends
- Rewards for Both of You
- More Funds to Wager
BetOnline VIP Rewards
Although most sites focus purely on attracting new customers through welcome bonus offers, BetOnline does have an active scheme to reward loyalty from their customers known as BetOnline VIP Rewards.
You level up through the program depending on how much you wager, with the following rewards on offer:
- Daily Cash Race: a chance to win up to $15K in cash every day
- Birthday Rewards: A reward on your birthday
- Monthly Cash Boost: A cash boost emailed to you every month
- Weekly Cash boost: Claim a weekly cash boost via the Telegram channel
- Level Up Bonus: A cash bonus every time you advance to the next level
- Dedicated VIP Team: 24/7 Priority help from a dedicated team
- Prioritized Withdrawals: Receive your winnings even faster
- Free Crypto Withdrawals: No fees on your crypto withdrawal
- Reduced Deposit Fees: Credit Card users will see a reduced deposit fee
- Exclusive Refer-a-Friend: Exclusive offers when introducing new customers
- Tailored gifts and Rewards: Experiences and invitations that money can’t buy
How to Use Freeplay on BetOnline
BetOnline’s freeplay usually comes in the form of bonus bets, these are separate from your account balance and allow you to place a wager without the amount being deducted from your available funds. To use the freeplay amount simply click the free bet button on the bet slip:
Be aware that when using freeplay, you won’t receive the stake back as part of the overall win and you can check your current freeplay balance at any time in your account information.
Betonline Horse Racing + Bonuses
The Racebook is dedicated completely to horse racing on BetOnline, and there is a different feel when you click on it. You can quickly see any upcoming meets in different countries or search for specific tracks, while some events also have a video feed so you can watch the race happen in real time:
BetOnline up to 9% rebate on horse racing wagers
Bets placed online will receive a 9% daily rebate, while wagers placed via the telephone will receive 5%. There is currently no limit to how much you can earn through the rebate scheme and no volume of wagers that need to be placed to qualify.
BetOnline free $25
This offer only applies to every customer’s first bet placed in the racebook, but it’s a risk free bet which will give you a cash refund of up to $25 if you lose. You don’t have to wager a full $25 as refunds are given on lesser amounts, but only on the first wager placed.
BetOnline Sportsbook Review
BetOnline recently updated their website to bring them in line with every other major sportsbook out there, and it provides a user friendly experience. Although the homepage is busy, it allows you to access everything in one place, from the latest odds and events to your account information, bonuses, exclusive enhanced odds and also their industry leading bet builder which allows you to build your parlays.
BetOnline claims to have the quickest odds in the offshore betting industry and they’re also competitive with their pricing, while the depth of the markets allowed us to find odds that weren’t available elsewhere. Unfortunately, their live or “in-game” betting options are basic at the moment, so you need to make sure you get your bets on before events begin to get the most out of the experience.
As you would expect from a major sportsbook, every major sport is covered in depth but there are also gems to be found in the entertainment market which offers everything from video games to celebrities.
BetOnline Deposit Methods
| Deposit Method | $Min-$Max Deposit Limits | Timescale |
|---|---|---|
| Credit Card | $25-$2,500 | Instant |
| Crypto | $10-$1,000,000 | 15 mins – 2 hours |
| Person to Person | $100-$600 | Up to 1 Hour |
| Money Order | $300-$9,000 | Instant (Once Received) |
Credit Cards Accepted: Mastercard, American Express, Discover, Visa
Crypto Methods: Bitcoin, Avalanche, Binance, Bitcoin Cash, Cardano, Dogecoin, Ethereum, Litecoin, Polygon, Ripple, Shiba Inu, Solana, Stellar, Tether, Tron, USD Coin
BetOnline Payout Review
| Withdrawal Method | $Min-$Max Withdrawal Limits | Timescale |
|---|---|---|
| Crypto | $25-$100,00 | 24 hours |
| Person to Person | $50-$400 | 5 Business Days |
| Money Orders | $1,000-$5,000 | 7 Business Days |
| Bank Wire | $500-$25,000 | 5-15 Business Days (Bank Dependent) |
| Check | $500-$2,500 | Up to 15 Business Days |
Crypto Withdrawal Methods: Bitcoin, Avalanche, Binance, Bitcoin Cash, Cardano, Dogecoin, Ethereum, Litecoin, Polygon, Ripple, Shiba Inu, Solana, Stellar, Tether, Tron, USD Coin
Although the non-crypto methods of cashing out are slightly behind the industry standard, the size of the withdrawal limits does set BetOnline apart from many of its peers and still makes this part of the service respectable.
What happens if I win more than the payout limit?
Being able to withdraw money safely and efficiently has always been the number one priority of every bettor. As BetOnline operates with limits on the amount you can withdraw. The crypto methods allow you to make four individual withdrawals per week, however, the cash methods require you to wait until the first withdrawal is fully processed before requesting another, making it a longer process if you win big.
BetOnline Mobile
Again, bringing them in line with the other major sportsbooks in the betting industry, BetOnline does offer a mobile site that is simple to follow and industry-leading. Unlike the vast desktop homepage, the mobile experience is pleasingly slimmed down to allow you to focus on the relevant page, but it’s still simple to navigate between the sections with one or two clicks.
BetOnline Customer Service
A sportsbook’s reputation is put on the line every time something goes wrong, or whenever a customer needs quick help. BetOnline does offer a FAQ section for basic inquiries, but also an impressive 24/7 support option where you can ask any question and have a real human on the other end to answer. On top of this, they can also be contacted through email via help@betonlinecs.ag and a 24/7 phone line at 1-888-426-3661.
BetOnline is located in Panama City, Panama, with its license coming from the Gaming Commission of Panama
BetOnline is safe to use thanks to its license from the Gaming Commission of Panama and extensive security on the site.
To withdraw funds from BetOnline, head to the cashier section in your account and select your preferred payout method. Depending on your withdrawal method, you may be required to present a government ID so it’s imperative that you use your correct details when you sign-up for a new account.
BetOnline does not place limits on accounts who win, unlike other sportsbooks
