BetOnline is an incredibly popular online sportsbook, offering a large range of different sports to Bitcoin gamblers. It was founded back in 2004, so has been accepting bets for nearly 15 years, and this shows that this online sportsbook is one with pedigree. As with many Bitcoin sportsbooks, you’ll also find other gambling pursuits at this site too, namely casino games and poker.
There are no details to be found on the website regarding any licensing and regulation, which is slightly concerning. The fact that the company has been operating since 2004 makes us confident in the assertion that this is a safe and secure place for you to gamble online though.
The BetOnline website is a fantastic one for both desktop and mobile players. You’ll find that the site is simple to use when gambling using a PC or Mac, plus the mobile site is also incredibly intuitive. There is no option to download an app though, which might put off a few keen mobile gamblers. We will, of course, let you know if an app becomes available in the future though.
You can check out all the markets and other options before you sign-up with the site, which is good, and you should find that this is a sportsbook offering a good range of markets, especially to those who are looking more for US sports, such as NFL and MLB. There is also a really good live betting section, where you’ll be able to bet on sporting events as they are taking place.
Bitcoin deposits are available at this sportsbook, plus you can also add funds using a wide range of other cryptocurrencies too, including Litecoin and Dash. Withdrawals can also be made using the full range of cryptocurrencies. You can find out more about the depositing and withdrawal options when you read further down this BetOnline review.
You will find that all odds at this site are displayed in American form, and there is no way to change this to the decimal or fractional odds that some players prefer. So, you’ll have to understand how American odds work if you’re to play at this website. The odds compare well to those found at many other sites, and this is particularly the case when it comes to traditional American sports. Of course, if you are planning on making a sizeable bet though, we’d recommend still shopping around at other Bitcoin sportsbooks to find the best odds for you.
The main bonus at this online sportsbook is the welcome bonus, as is the case with most gambling sites out there. You can claim this bonus while making your first deposit by using the code BOL1000, and it will add 50% extra to your deposit amount. What’s more, this bonus can be worth up to $1,000, making it perfect for high rollers. This promotion has a 15x rollover requirement, which is more than reasonable, and a minimum deposit of $25 is needed in order to use this bonus. This bonus is available to those depositing using all cryptocurrency options, however those depositing using Skrill or Neteller are not eligible.
Most people depositing using a cryptocurrency will opt for Bitcoin, as it is simply the most popular cryptocurrency in the world. Others are available at BetOnline though, namely Bitcoin Cash, Ethereum, Litecoin and Dash. Depositing using a cryptocurrency is really easy and the minimum deposit amount for them all is just a sum equal to $20, which is certainly reasonable. High rollers will also be pleased, as the maximum that can be deposited in a single transaction is a massive $25,000.
Bitcoin, as well as all other offered cryptocurrencies, can be used to withdraw funds from this sportsbook, and you will find that the transactions take less than 24 hours to be processed. There is one problem though, and it’s this: every withdrawal, regardless of the method used, has a $50 charge, which is ridiculously high. Luckily though, you do receive one free withdrawal per month, which does make things slightly more bearable. The minimum that can be withdrawn using a cryptocurrency is an amount worth $20, while the maximum you can withdraw is an amount worth $10,000.
So, what is the support like at BetOnline? Well, most will choose to start by looking through the FAQ section, although this isn’t that comprehensive, and often won’t lead to you finding the answer you’re looking for. If you don’t, you can contact the site by dialling 1-888-426-3661 or by emailing them via [email protected], and you’ll find that there are customer support assistants waiting to help you 24/7. There is no live chat at this online sportsbook though, which is unusual nowadays.
Some will find the fact that there is no clear licensing and regulation at this site to be concerning, however we don’t think that there is anything to be concerned about. This is because BetOnline has been operating since way back in 2004, and would they still be going strong if they consistently treated their customers poorly or dishonestly?
So, we’re happy to say that this is a fair and honest place to play. Why not see how good this online sportsbook is for yourself by heading over there today and signing up?Read More