Please Note: For reasons BetOnline Poker is Rogue we are no longer recommending them. Please check our Sportsbook Rating Guide for an alternative.

Betonline
Bet Online Site

BetOnline is a popular online gambling site that services the US market with sports betting, poker and an online casino. Americans can deposit here with credit cards including Visa and American Express (note: this review is NOT outdated; as of November 2011 they have a 98.2% acceptance rate on US issued credit and debit cards). Even more impressive is each deposit made via credit card is met with a 15% bonus in the form of free play credits. If you don’t have a credit card, you can deposit with Western Union or MoneyGram – in this case, the fees will be covered and the bonus increases to 25% free play credits. No doubt this is the most hassle free and rewarding site for United States residents to deposit with.

Withdrawal Fee Concern

Perhaps the biggest downside to BetOnline is their withdrawal fees. A person to person transfer ends up costing $184.00 for a $2500 withdrawal (7.4%) and for some other methods the fees are as high as 10%. On the positive side, their company has been in business since 1991 and is well known as the fastest for paying cashouts via person to person (MG/WU). Also, considering they give a 15-25% bonus on all deposits (both initial and reloads) the fee isn’t as bad as it seems. These days there a lot of betting scams on the net or sites that take forever to pay, and the fact BetOnline pays fast and has bonuses and promotions makes them a top choice for US residents.

BetOnline Wagering Options

At BetOnline you’ll find all the usual wagering options. For example, when betting basketball before the game starts you’ll find wagers on the point spread, moneyline and total for both the first quarter, first half and full game. At half time you’ll find the same for the second half which also includes any overtime. The same applies to other sports such as football, soccer, hockey and baseball. Of course, teasers, parlays, if bets and other exotics are available too. For major games, ones covered on national television, Live In-Play betting is offered.

Quick note: If you bet a lot of parlays and Teasers with 3 or more selections per ticket, you should consider 5Dimes who has great odds on these. For combo bets of 3 or more teams, BetOnline’s payouts are some of the worst in the industry. There are no issues on odds for anything else other than 3-team, 4-team, 5-team, 6-team parlays and teasers, which are horrible here.

Geographical Restrictions: None, clients from all locations welcomed.

Bet Online Bonus and Promotion Offers

At BetOnline there is no shortage of promotions; the three most popular for NFL football are:

  • Halftime Surrender – Once per NFL season BetOnline allows bettors to surrender at half time. Just like surrenders work in blackjack, you’ll get back your stake as a free play.
  • Mulligan Bet – One losing bet per season (up to $250.00 max stake) qualifies for a do over. If your bet loses and you want take a Mulligan they’ll give it to you in free play credits.
  • Shutout Bailout – if an NFL team you wager on fails to score a single point, you get back your entire stake.
  • Additional promos are offered as well such as bore draw for soccer, what the puck for hockey and wilt effect for basketball. There are also bonuses in their poker room and casino, plus 7% win or lose rebates for horse racing. You can find details of all this at www.betonline.com. Also don’t forget, all reload bonuses are met with a 15-25% bonus in the form of free play credits.

    Customer Service: Bet Online has outstanding customer support available through phone, email and live website chat.

    Min. Bet: $1 on internet, $25 phone.

    Max. Bet: Sides: $2,000 to $5,000 on most sports. $500-$1500 on less popular ones. For NFL with special approval it is possible to get limits raised to $35,000 per side (phone them for approval).

    Reduced Juice: No, on the contrary. Their juice is standard for point spreads, totals and moneylines and near criminal for parlays and teasers of 3-teams or larger.

    Overnight lines: Yes but with low betting limits.

    Professional Action Limits: Only in extremely rare cases are limits slashed for professional players.

    Bet Online Corporate Information

    Bet Online is the classic underdog story. In a day of big name and/or corporate ran sportsbooks dominating the market it seems unlikely a smaller bookmaker could possibily work their way up to the top. This however is exactly what the company behind bet online did. Their company began as an online sportsbook in 2001. At the time they operated out of Costa Rica under the name BestLine Sports. By 2004 Bestline Sports outgrew their Costa Rica operations and moved to Panama City, Panama.

    By 2006 Bestline sports housed one of the industries top facilities and employed more than 300 Panama citizens. In mid 2007 Bestline purchased and merged with a small online sportsbook now known as BetOnline.com. The domain name was the key asset that was acquired and BestLine decided it would be best to brand under this name. The entire operation is still located Panama City.

    to work their way to the top. This however is exactly what Bet Online has done. Their parent company first started in the business in accepting bets under the name BestLine Sports in 2001.

    To explain things simply – the original BetOnline no longer exists and the very successful and hard working bookmaker who worked their way up to the top after starting from scratch (BestLine Sports that is of course) is now operating solely from the Bet Online name.