BetWhale Review – A Longstanding Sportsbook with Big Betting Limits
Best Promo: 200% up to $6,000
- Crypto Welcome Bonus
- 100% up to $1,000 for Other Methods
- $100 Minimum deposit
What This Means For You
- Deposit $100 get $200 Bonus
Reviewer’s Notes
- First Offshore Sportsbook to Accept PayPal
- Modern-Day Sportsbook to Challenge the Establishment
Pros
- Use PayPal to Deposit
- Extensive E-Sports Betting Options
- 24/7 Customer Support
Cons
- Limited Bonus Options
- Only Withdraw $2,500 at a time
- Lacking in Prop Bet Options
Why BetWhale?
Newly established late in 2023, BetWhale has quickly positioned itself as a serious contender to the established offshore sportsbooks on the scene. There’s an apparent effort to provide a user-friendly interface with a wide range of betting options, while some of their banking options immediately set them apart from their competitors. There are areas where improvements are needed, so let’s examine the strengths and weaknesses in this BetWhale review.
Is BetWhale Legit?
While some players may have reservations around using a newly established brand, BetWhale have already forged a solid reputation since their formation and have everything we look for from a player safety point of view. Betwhale’s gaming license comes from the Autonomous Island of Anjouan. This requires them to demonstrate a secure and fair system for players, to identify players who may require problem gambling help, to report their financial ratios and they must comply with multiple other measures.
On top of this, they are subject to The Betting and Gaming Act 2005 which further offers peace of mind to players and confirms a legit experience for all.
Legal States
Restricted States:
None
Restricted Countries:
None
VPN Status:
Allowed
License:
Panama Gaming Commission
BetWhale Deposit Bonus
Crypto Welcome Bonus, 100% up to $1,000 for Other Payment Methods
BetWhale Promo Codes
To unlock the welcome bonus, sign up for a new account and select the option to make a deposit. The promo bonus should activate automatically; however, if not, use the code “WHALECOME” to trigger the bonus on your deposit.
Unfortunately, BetWhale does appear to lag behind other sportsbooks when it comes to rewarding loyalty from existing users:

In your account, you will find a bonus section as seen in the image above which shows the potential for missions and tournaments to help unlock further bonuses. Sadly at this stage, it does appear to be a work in progress, albeit with the potential to add real value for loyal customers.
BetWhale Sportsbook Review
As expected from a relatively new site, the sportsbook experience is sleek, and finding a specific event is a straightforward process, especially with the search bar, which allows you to locate a team or an event quickly. At a glance, we can see odds from 30 different sports and thousands of games. Building a parlay is as simple as clicking on your selection, which is then added to your bet slip. One downside we did notice was only being able to see two of your selections on the slip at a time before you need to scroll, something which could cause issues when drawing up a long parlay:

Although the overall game markets were impressive and the odds competitive, there are minimal options when it comes to prop betting. Unlike BetOnline, for instance, which has an impressive prop and parlay builder for each game, we feel BetWhale’s options are limited here. Some of the soccer games had an impressive array of player and team props, however, there was nothing of the sort available on the majority of the other sporting markets.
Live Betting
Live betting is an ever-growing market in the US and worldwide, but the Betwhale experience is basic at best. We did like the depth of market available in some of their live events, but there’s limited stat tracking and no live streams which sees them trailing competitors when it comes to live, in-play wagers.

BetWhale Deposit Methods
| Deposit Method | $Min – $Max Deposit Limits | Timescale |
|---|---|---|
| Credit Card | $30-$1,000 | Instant |
| Crypto | $20 – Unlimited | 15 mins |
| Paypal | $30-$9,000 | Instant |
| Neosurf | $10-$250 | Instant |
| Flexepin | $20-$500 | Instant |
Accepted Cryptocurrencies: Bitcoin, Litecoin, Ethereum, Solana, Tether, USDC, BNB, Dogecoin, Ripple, Cardano, Shiba Inu
BetWhale Withdrawal Methods
| Withdrawal Method | $Min – $Max Withdrawal Limits | Timescale |
|---|---|---|
| Credit Card | $150-$2,500 | 1-3 Business Days |
| Bank Wire | $150-$2,500 | 1-3 Business Days |
| Bitcoin | $150-$2,500 | 1-3 Business Days |
| Tether | $150-$2,500 | 1-3 Business Days |
Please note these withdrawal limits are per transaction and not per account. We have verified directly with BetWhale that once a withdrawal is approved, you can then immediately request another.
BetWhale Esports
Although the main sportsbook experience is still a work in progress, the Esports page is truly impressive compared to others. There’s an impressive array of games and markets available to you, while you can access live Twitch streams on the page to keep up to date with events as they unfold:

BetWhale Mobile
Betwhale’s mobile experience is excellent, with the mobile site offering everything you see on the desktop version, but the speed and ease of navigation set it apart. You can use the same account on mobile and desktop, allowing you to access your BetWhale account on the go. This truly feels like a mobile site built for mobile devices, whereas most competitors offer a laggy version of their desktop site.
BetOnline Customer Service
Like other leading offshore sportsbooks, BetWhale provides 24/7 customer service through various contact methods and a responsive chat team. When tested, we received a response in three minutes or fewer each time, while the site does inform you how long it should take to receive a response to your query. They can also be contacted by phone at +1-855-470-0558 or by email at assistance@betwhale-mail.com.
BetWhale is actually owned and operated by WONDER PLAY COMPANY N.V. They have a registered address in Curacao at ZUIKERTUINTJEWEG Z/N (ZUIKERTUIN TOWER). Additionally, they have a gaming license issued by the Autonomous Island of Anjouan, Union of Comoros.
Yes, BetWhale is legal in the US and in several countries worldwide.