BetOnline Review 2020
BetOnline Review 2020
BetOnline is one of the most well-known cryptocurrency betting sites. It features good odds and is fun to play. The casino site is limited in what it has to offer but does feature fun games like Yahtzee. It accepts all kinds of crypto, so you aren’t limited to just Bitcoin casinos. It has had trouble with its Live Casino in the past but has worked to put that behind them.
But overall, this is a decent crypto casino with a few bad marks that fit into our BetOnline review.
BetOnline: Pros & Cons
- Decent odds
- A workable casino
- Nice welcome offer
- A bunch of sports
- Had an incident with their live casino
BetOnline has two welcome bonuses – one for people who make deposits with their credit card and one who uses any of the cryptos they accept. If you use Bitcoin, Bitcoin Cash, Ethereum, Litecoin, or Ripple you will get a 100% matching bonus on your first deposit up to $1,000. If you use your credit card you will only get a 50% matching bonus on your first withdrawal up to $1,000.
With both bonuses, you will have to play your money through 14 times before you can withdraw it. If you use crypto you will also get 35% in matching funds on every deposit you make in the future.
BetOnline has a simple feel to it. It uses crisp colors to show off exactly what they have to offer. You can easily navigate through what you are looking for and find the type of bet you want to make.
Their casino is another story. It is all glitz and flashing lights. This shows that BetOnline is trying to make the most out of both markets. The casino end is still a work in progress but on the sports end, they certainly get the look and feel right. While the simplicity of the sportsbook design may be a turn off at first, as you bet there, you’ll see exactly what an advantage it is. All of this goes into our BetOnline review which is mostly positive.
BetOnline is entirely centered around using cryptocurrency. If you use Bitcoin, Bitcoin Cash, Litecoin, or Ethereum you will pay no fees for either your deposit or withdrawal. If you use any other form of payment you will get stuck into the trap of fees. The fees are variable but at a minimum are $20 per transaction.
The maximum fees you’ll have to pay for a transaction are well over $100. And the minimums for non-crypto are also insane – for example, if you want to send them a wire transfer or get a wire transfer for your withdrawals the minimum of $1,000. We take this into account when we write our Nebula review as well as our BetOnline review.
We should note that the biggest negative is not having a live chat link. They do have telephone support which is nice and better than nothing but still is not as easy to use as live chat would be. They also have a general email you can use or dedicated emails for their sportsbook and live casino.
Still, in our BetOnline review, we have to take them down a bit for not having live chat – the medium most online gamblers are used to. Their phone service was pretty good and while it took over an hour for them to respond to our emails, they were at least helpful.
BetOnline is licensed by the country of Panama. That’s a step up from other casinos that are not licensed anywhere. You know the games are not rigged and have gone through the Panamanian licensing review.
They have top-level encryption enabled on their site. This earns them high marks in our BetOnline review. They seem to take their license and their security seriously and it shows. You can feel safe about spending money at BetOnline.
BetOnline has a VIP program. The way it works is that you collect points you can then exchange for cash, physical prizes, or entry into special tournaments. The various prizes are not as good as they are at some online gambling sites but at least they are in place.
While some people have reported there to be some challenges in exchanging their points for goods overall the feedback seems to be mostly positive. We give mid-level marks to the sportsbook in our BetOnline review, just like in our Betwinner review.
BetOnline is a great sports betting site. It’s been around forever and knows exactly what it is doing. The odds are fair and their site is simple to use and easy to navigate. Their casino option is not as good. It has few games and has been plagued by a scandal with its live casino. While they may have fixed that scandal it still haunts them, and they don’t seem to have put as much effort into their casino since. If you are just going there for the sportsbook you can pick up a great bonus and have lots of fun.