BetOnline Review - www.BetOnline.com

BetOnline began taking wagers online as BestLineSports in Costa Rica in 2001 using a bookmaking model that involved discounted line pricing at -108. BestLine moved to Panama in July of 2004 becoming one of two online sportsbooks occupying the country. BLS began expanding its business and by 2006 had moved into one of the industry's top facilities where it employed over 300 Panamanian citizens. The company made what was likely its best investment by purchasing BetOnline Sportsbook, and more importantly, its website name BetOnline.

However, BetOnline is not one of the all too common examples of a sportsbook that plans to get by on a home run website name while leaving other parts of the business lacking. BetOnline ownership has invested in experienced wagering and customer service managers who understand that the sportsbook's first priority is service over sales. This attitude is passed along to the staff during training classes that each wagering clerk and service agent is required to pass. BetOnline treats players with respect and aims to gain a player's loyalty by providing VIP level service; including a generous sign-up and reload bonus.

Along with a top level service, BetOnline offers incentives and high value to the bettor. BetOnline also offers one of the best Live Betting products available. Additionally, BetOnline recently made big improvement to their Mobile betting platform.

BetOnline is a good choice for the new or experienced bettor, especially those seeking relatively high wagering limits. Not only does BetOnline offer high limits, but they also offer Re-bet capabilities allowing players to circumvent limits by waiting for a change in the odds or 61 seconds. BetOnline also excels in phone wagering for those players.


 SBR On-Site Inspection:

2007

  • January

2008

  • March

2008

  • October

2009

  • March

2010

  • September

2011

  • September

2012

  • February

2013

  • March

2014

  • February

2015

  • February

Country Restrictions

None.

Hours of Operation

Account management & wagering staff on duty 24 hours, 7 days, 365 days per year. Online and phone wagering 24/7/365.

New Account Bonuses

Signup bonus
50% freeplay bonus.
Max bonus $1000. 10X rollover.

Reload Bonus

Lifetime Bonus Guarantee: A 25% freeplay bonus on every qualifying deposit. Max bonus $1000. 6X rollover.

Special Promotions

Loyalty Program

Players are eligible for bonus rewards based on activity.

Most Common Complaint

CS occasionally giving the wrong information on one of the many bonus offerings.

Customer Service

Customer service, which remains open 24 hours, is tested regularly by management and SBR through both phone and email.

Live Chat

Yes

Languages

English & Spanish

Min. Bet

 
$1 on-line wagers
$25 phone wagers

Max. Bet

  • NFL
    -$25,000 sides
    -$5,000 ML
    -$5,000 totals
    -$5,000 & $2,500 1st half sides & totals
    -$1,000 Quarter sides & totals
    -$500 Propositions
    -$1,000 Preseason
  • NCAA Football
    -$15,000 Sides
    -$5,000 ML
    -$5,000 totals
    -$5,000 Game totals & 2nd half totals
    -$5,000 & $2,500 1st half sides & totals
    -$5,000 $ 1,000 1st half totals & team totals
    -$500 Propositions
    -$2,500 Added games
  • NBA
    -$10,000 sides
    -$5,000 ML
    $5,000 totals
    -$3,000 1st half sides & totals
    -$1,000 Team totals
    -$500 Propositions
  • NCAA Basketball
    -$5,000 Sides
    -$2,000 Moneylines
    -$3,000 Totals
    -$500 Propositions
    -$1,000 Added games
  • WNBA and WNCAA Basketball
    -$1,000 All wagers
  • NHL
    -$3,000 Game spread & moneylines
    -$3,000 Game totals
    -$500 Team totals
    -$500 1st period spread, moneylines & totals
  • MLB
    -$10,000 ML
    -$5,000 RL
    -$5,000 totals
    -$1,500 1st five innings
    -$1,500 Last four innings
  • Tennis
    -$2,000 moneylines ,$1,000 spreads & totals
  • Golf
    -$2,000 matchups
    -$1,000 futures
    -$500 props
  • Arena Football
    -$1,000 Game & 2nd half spread
    -$1,000 1st half sides & totals
  • Boxing
    -$2,000 Spread, Moneyline, & Totals
  • Canadian Football, MMA, Soccer, NCAA Hockey & NASCAR
    -$1,000 All wagers

Reduced Juice

No

Overnight Lines

Yes. Limits will be lower on overnight lines.

Options

If bets: Yes. BetOnline offers If-win-only as well as If-win and If-push wagers
Reverse bets: Yes
Action points: No
Open parlays: Yes
# of TeamsStandard Payout
2

+264

3

+600

4

+1228

5

+2435

6

+4741

7

+9142

8

175 to 1

9

335 to 1

10

642 to 1

11

1226 to 1

12

2342 to 1

13

4473 to 1

14

8541 to 1

15

16,306 to 1

16

31.100 to 1

17

59,400 to 1

18

113,400 to 1

19

216,600 to 1

20

413,550 to 1

21

789,500 to 1

22

1,507,000 to 1

23

2,877,000 to 1

24

5,593,000 to 1

25

10,487,000 to 1

Vegas Mixed Teasers

  Football  
FOOTBALL6 pts6½ pts7 pts7½ pts
     
  Basketball  
NBA4½ pts5 pts5½ pts6 pts
     
2 TeamsPays-110-120-130-150
3 TeamsPays+160+150+135+120
4 TeamsPays+260+240+200+185
5 TeamsPays+420+375+350+270
6 TeamsPays+600+550+475+380
7 TeamsPays+1000+900+800+530
8 TeamsPays15 to 112 to 110 to 1+725
9 TeamsPays20 to 115 to 112.5 to 1+975
10 TeamsPays25 to 120 to 116 to 1+1325
11 TeamsPays35 to 125 to 120 to 1+1775
12 TeamsPays50 to 135 to 125 to 124 to 1
13 TeamsPays75 to 150 to 135 to 125 to 1
14 TeamsPays100 to 175 to 150 to 132 to 1
15 TeamsPays150 to 1100 to 175 to 158 to 1

Special Teasers

Football (NFL & NCAA)

10 pts

13 pts

Basketball (NBA & NCAA)

8 pts

9 pts

3 Teams

Pays

10 to 13

NO

4 Teams

Pays

10 to 11

10 to 13

5 Teams

Pays

11.5 to 10

10 to 11

6 Teams

Pays

13.5 to 10

11 to 10

Football

21pt Teasers
3 Teams10 to 150
4 Teams10 to 75
5 Teams10 to 50
6 Teams10 to 35
7 Teams10 to 30
8 Teams10 to 25
9 Teams10 to 20
10 Teams10 to 17

Software Provider

ASI

Transaction Polices

Currencies Accepted

USD

Methods of Deposits

  • Bitcoin
    min $20, max $2,000
  • Visa
    min $25, max $3,500
  • Mastercard
    min $25, max $1,500
  • American Express
    min $25, max $2,500
  • JCB/Diners/Discover
    min $25, max $1,000
  • Moneygram, Western Union
    min $50, max $2,500
  • Money orders
    min $300, max $9,000
  • Moneybookers
    min $10, NO MAX per website
  • Neteller
    min $10, max $50,000
  • Book-to-book transfer
    min $500, no max
  • Bankwire
    min $1,000, no max
  • Cashier's check
    min $1500, max $24,900

Methods of Withdrawal

  • Wire Transfer & WU and MG
    -max is $950 Western Union and $800 Moneygram
    - min withdrawal $100, max $8500
    - same day payout when requested before 1:00 p.m. (ET) Up to 36 hours.
    - limited daily transactions

  • Bank Wire
    - min withdrawal $2,500, max $24,900
    - Up to 10 business days.

  • Bitcoin
    - min withdrawal $100, max $2,000

  • Cashier's Check
    - min withdrawal $500, max $2500
    - It can be from 7 business up to 30 business days depending on the method selected. Express Check 7 business days, Courier check up to 15 business days and Mail Check up to 30 business days.

  • Interbook transfer
    max transfer $24,900

Location

Panama City, Panama

Date Established

2001

Current License

Government of Panama - In good standing

Phone Numbers

Customer Service: 1-888-426-3661
Local: +507-206-3369
Fax: 1-800-453-0804

Hyper Link

BetOnline