This sportsbook is offline
The circumstances behind the demise of BetEagle left SBR with no choice but to put the operation on the blacklist. The owners were running an illegal sports betting operation which led to prosecutions in 2014. The site is obviously offline but there are many reputable operations covered on our best sportsbooks page. Here is a review of the illegal operation that went by the name of BetEagle.
The BetEagle website no longer exists but when the sportsbook was online there were no traditional bonuses. In 2011, the operation changed its domain from BetEagle.com to BetEagle.ag because the authorities had begun to investigate. Traffic was diverted to the domain in Antigua which hosts other sportsbooks on the SBR blacklist.
There are many other sportsbooks on our betting sites list that offer transparent and achievable sportsbook bonuses. It is rare for one of these sites not to offer new customers a welcome bonus. A typical welcome bonus can be activated by opening an account with trusted sportsbook such as Bovada. New customers can claim a 75% matched deposit bonus up to $750, yet BetEagle did not offer a similar incentive to register.
BetEagle was ultimately proven to be illegal so did not use signup offers and ongoing promotions to attract new customers and maintain the loyalty of existing customers.
Conventional betting sites that we review allow customers to transfer funds using debit and credit cards, Wire Transfer and e-Wallets. However, there were no online payments with BetEagle. Transactions were handled by agents so money was only exchanged when winning or losing bets had been settled. Organized crime was part of the operation and threatening tactics were used to collect money. Prompt payments are key to running a trusted sportsbook and operators like Intertops are strong in this area.
Sports Betting Experience
BetEagle arrived as an offshore sportsbook at the turn of the century. The operation appeared to be authentic and by 2009 the site was established and accepted as a good destination for sports betting. The sportsbook offered odds on the main leagues in the professional and college sports in the United States: NFL, NHL, MLB and NBA. Bettors could also place wagers on global sports like soccer, boxing, tennis and golf. There is no record of the value in the odds but you could assume the lines were attractive to take business away from the reputable sportsbooks.
It appears that some customer service from BetEagle amounted to agents collecting balances from losing bets. However, customers who believed it was a genuine operation had contact methods to raise queries.
In terms of online sports betting, it can’t get much worse than using organized crime to collect account balances. BetEagle brought together technology and mafia-style practices to run an illegal sportsbook. When the authorities made arrests the BetEagle reputation for illegal sports betting was in the public domain. This operator has a D+ rating and it is clearly still on the Sportsbook Review blacklisted betting sites page.