BetOnline Sportsbook Review

BetOnline Sportsbook Review

Company Information
Established: 2001
Location: Panama City, Panama
Customer Service: Yes (phone, fax, e-mail, live chat)
Tel: 1-888-426-3661

BetOnline Overview

As the name implies, BetOnline is an online sportsbook where sports fans can bet on their favorite sport event over the Internet. In the early days, the sportsbook began taking wagers online via BestLineSports in Costa Rica in 2001, but in 2004 it moved to Panama becoming of the two online sportsbooks offering online sports betting in the country. Soon afterwards, the company expanded its business and it became one of the top facilities employing over 300 people. The best investment of the company was the buying of BetOnline sportsbook and the website name BetOnline.

Not only has it devoted itself on providing online sports betting products and services, but BetOnline also offers other Internet gambling departments such as casino, poker, scores, horses and live odds. The people behind BetOnline have also invested in experienced wagering and customer service managers who clearly understand that the most important priority of the sportsbook is service over sales. Each customer service agent is required to pass this attitude. The main focus of BetOnline is on treating bettors with respect and they gain the loyalty of customers by offering excellent VIP service as well as various types of bonus offers like sign up and reload bonuses.

Besides top level service, BetOnline offers other incentives such as the best live betting products on the Internet. The sportsbook has recently moved a step forward and created a mobile compatible sports betting platform. BetOnline is the best choice for both new and experienced bettors from all over the world, including bettors from the United States. The sportsbook offers both low and high wagering limits suitable for low, mid and high rollers. BetOnline also offers re-bets allowing bettors to overcome limits by waiting for a change in the odds. These bettors can make phone wagering.



If you are new to BetOnline sportsbook, register a real money account and boost your initial deposit with 25% deposit bonus up to $1,000. The bonus has 6x rollover. BetOnline also offers reload bonus of 25% on every qualifying deposit. The maximum bonus amount is $1,000 and it comes with 6x rollover. Bettors can also take advantage of the refer-a-friend bonus of 20% up to $100 if they invite a friend to join the sportsbook and make a deposit. Other bonus offers include 7% racebook rebate as well as $25 risk- free horse track bet. Last but not least, bettors at BetOnline are eligible for bonus rewards that are part of the loyalty program based on their activity.


Minimum Bet:

BetOnline sportsbook has its own minimum as well as maximum bet limits. The minimum bet limit online is $1, while the minimum bet limit on phone is $25.

Maximum Bet:

The maximum bet limit at BetOnline is $2,000 per game over the Internet as well as on the phone. Bettors can place multiple bets.

Sports Offered

  • NFL: Yes
  • College Football: Yes
  • NBA: Yes
  • College Basketball: Yes
  • MLB: Yes
  • NHL Hockey: Yes

BetOnline offers a great deal of sports customers can place various bets on. Some of them include soccer, NFL, college football, NBA, basketball, MLB, hockey, tennis, boxing, golf, rugby and many more. In addition, bettors can see the live odds on sports like baseball, basketball, boxing, cricket, football, golf, hockey, rugby, soccer, tennis and even martial arts. Furthermore, BetOnline has all the bases covered when it comes to providing top notch quality expert advice in order to help bettors make the correct picks.

The sportsbook also offers horse racing, which is known as the "sport of kings", and it gives bettors information on the biggest events of the year, such as the Kentucky Derby, the Belmont Stakes, the Preakness Stakes and the Breeders Cup.

Wager Types:

BetOnline sportsbook allows bettors to make the following types of wagers:
- Straight bets (NFL, soccer, NBA, basketball)
- Totals (offered on soccer, NHL, NCAA football, boxing, NBA, NCAA basketball, tennis, baseball)
- Parlays (offered on sports like hockey, baseball, soccer and most other sports)
- Teasers (soccer and basketball)
- If Bets (offered on soccer and basketball)
- Futures (offered on golf, NFL, college football)
- Propositions (NCAA Football, NBA, NCAA Basketball, golf)
- Money lines (boxing, tennis, NCAA Basketball, NHL, tennis)
- Half Sides (soccer, NFL, NCAA Football, NBA, basketball)
- Quarter Sides (NFL, NCAA Football)


BetOnline sportsbook offers a couple of safe and suitable online payment options like Visa, MasterCard, Amex, Money Gram, Western Union, Skrill, Neteller, Bank Wire, Cashier's Check, UseMy Funds, Citadel and EFT. Deposits via the first three methods have minimum and maximum deposit limits of $25 and $1,000 respectively. Deposits via Money Gram and Western Union have min deposit limit of $50 and max of $2,500; the minimum deposit amount via Skrill and Neteller is $10, while the max is $50,000. For Neteller, players need to cover the standard 3% fee. The minimum deposit for Bank Wire is $1,000, while there is no max deposit limit. Cashier's Check has $1,500 min deposit limit and $24,900 max deposit limit.


The withdrawal options available at BetOnline sportsbook include Wire Transfer, Bank Wire, Cashier's Check, Skrill and Neteller. The minimum cash out limit via Wire Transfer is $100, while the max is $8,500. Fees vary according to amount of withdrawal. Bank Wire has min withdrawal of $2,500 with a maximum of $15,000 per transaction and it takes up to 10 days to complete. It also comes with $75 transaction fee. The min and max withdrawal limit for Cashier's Check is $500 and $2,500 respectively and comes with $50 transaction fee. Depending on the methods selected, the transaction can take from 7 up to 30 working days. Withdrawals via Neteller and Skrill are subject to $20 fee.