BetOnline

BetOnline Company Bio

BetOnline was introduced to the online sports betting industry first as BestLineSports in Costa Rica in 2001, using a bookmaking format that allowed for discounted line pricing (-108). The company moved the Panama in July of 2004, where it became one of two online sportsbooks to operate out of that country. BLS now employs over 300 Panamanian citizens, all of whom have extensive experience in wagering, customer service and sales. It holds regular training classes for each of its employees, providing for an exceedingly knowledgeable staff that understands trust and respect are key in the eyes of the online sports bettor.

In early 2007, BLS changed the name of its sportsbook from BestLineSports to BetOnline. Among some of its new features is a VIP service, higher incentives and a choice between two different benefits, or bonus, packages. Its line pricing has been discounted further at -105. BetOnline is ideal for any punter, especially those that like to wager high amounts.

The most common complaint about Bet Online is that its freeplay rollovers for NFL betting are determined using the winnings amount rather than the wagered amount. That this is the most common speaks wonders for the site.

Founded: 2001
Online since: 2001
Jurisdictions & License: Panama
Betting Software: Action Sports International (ASI)

Go To BetOnline

BetOnline Betting Details

Deposit options: Bitcoin, Cashier's Check/Money Order, Check, ECheck, moneygram, neteller, skrill/moneybookers, westernunion
Withdrawal options: Bitcoin, Cashier's Check/Money Order, neteller, skrill/moneybookers

Singles accepted: Yes
Minimum deposit: $25
Deposit options: Credit Card (min $100, max $1,000), Wire Transfer(min $100, max $1,900), 900Pay (min $100, max $500), Bank Wire(min $1,000), Cashier¡¯s Cheque(min $1,500, max $24,900), Prepaid Card (min $50), InstaDebit (min $100, max $500), NETeller (min $100, residency restrictions apply)
Accepted credit cards: Visa
Deposit fees:  Fees reimbursed for all deposits of $300 or more; fees for Western Union and Moneygram deposits less than $300 dependent upon amount of deposit; standard Neteller 3% fee covered, but recharged to account if 1x rollover not met before withdrawal request; standard 5% InstaDebit fee covered, but recharged to account if 1x rollover not met before withdrawal request.
Minimum bet: $1.00 Online, $25.00 Over the Phone
Maximum bet:  NFL ($2,000 Sides, Totals, Parlays, Teasers, 1st-Half Sides and Totals; $1,000 Moneylines; $500 Propositions; $1,000 Preseason) NCAA Football ($2,000 Sides, Totals, Parlays, Teasers, 1st-Half Sides and Totals; $1,000 Moneylines; $500 Propositions; $1,000 Added Games) NBA ($2,000 Sides, Totals, Parlays, Teasers, 1st-Half Sides and Totals; $1,000 Moneylines; $500 Propositions) NCAA Basketball ($2,000 Sides, Totals, Parlays, Teasers, 1st-Half Sides and Totals; $1,000 Moneylines; $500 Propositions; $1,000 Added Games) WNBA ($500 all wagers) NHL ($1,000 Games, Totals and Parlays)MLB ($2,000 Games and Totals; $1,500 Parlays) Golf, Canadian Football, Arena Football, Soccer & NASCAR ($500)
Maximum winning: None
Maximum payout: $150,000 per parlay, all payout formats are subject to change.
Withdrawal options:  Wire Transfer (min $100, max $1,500; limited daily transactions) Bank Wire (min $1,000; expect 2-4 day payout) Cashier’s Check (min $1,500; expect 2-4 day payout)  ACH Transfer (min $100, max $1,500; expect 2-4 day payout)
Withdrawal fees: Wire Transfer: fees vary according to amount of withdrawal; Neteller: $15 transaction fee; Bank Wire: $50 transaction fee; Cashier’s Check: $50 transaction fee; eCheck: $25 transaction fee
Account currencies: USD
Supported languages: English, Spanish
Odds format: Moneyline
Secured website technology: Secure level III socket ¨C 128 but encryption security with firewall
WAP betting: No
P2P betting: No
Online chat with customer service: Yes
Bonus offers: Customers are given a number of benefits packages to choose from, depending on the amount deposited.
10% Free-Play, 3x rollover on deposits $100-$299
15% Free-Play, 4x rollover on deposits $300-$499
25% Free-Play, 6x rollover on deposits $500-$999
35% Free-Play, 7x rollover on deposits $1,000-$1,999
45% Free-Play, 8x rollover on deposits $2,000+
Other Promotions: 10% Reload on a minimum deposit of $100; 7% rebate on horse racing wagers online ¨C 4% over the phone; 15% Referral Bonus; Loyalty Program allows activity points to be redeemed for fee play; Seasonal Bonuses and Promos, announced via e-mail, sports schedules, newsletters, etc.
Entertainment/novelty bets: No
Types of wagers available: Straight bets, Over/Under, Moneyline, Futures, If bets, Reverse, Parlays, Teasers, and Props

Go To BetOnline

BetOnline Review

Site Interface & Ease: 9/10
Sign-up, Reload & Referral Bonuses: 8.5/10
Money Transfer Ease: 9.5/10
Lack of Fees: 8.5/10
Odds/Fairness: 10/10
Event Variety: 8.5/10
Service: 9.5/10
History/Reputation: 9.5/10

Total Score: 91.25%

What They Say:
BetOnline.com’s management has had a significant presence in the online gaming community since 1991. During this time we have been incredibly dedicated to one thing and one thing only: delivering the most exciting and dynamic experiences possible in online gaming. Our staff is committed to providing the best possible Account Management service in every aspect, from general questions, promotional notifications and lightning-fast response times.

BetOnline.com operates out of Panama City, Panama, which has been referred to as "the banking capital of Latin America". Panama is a reliable and secure business environment, providing a solid infrastructure, cutting-edge Internet bandwidth and a government that strictly regulates and monitors offshore gaming activity.
Our Sportsbook offers the best odds in all major sports and leagues including the NBA, NHL, MLB, NCAA basketball and football, golf, soccer, boxing and much more. Wondering how your team did in its last game? BetOnline.com has you covered with our own Stats Center, complete with wagering trends. For those who may not follow sports as in depth as we do, BetOnline.com has been designed to offer opportunities to wager in many other realms. Odds in every aspect of politics and entertainment are constantly being added to our futures and propositional bet listings. Our Racebook is the best in the world, with up-to-post-time wagering and the most major/minor track listings offered in the industry.
If sports, horses or politics are not in your list of favorite things to wager on, don’t hesitate to try BetOnline.com’s brand new, state-of-the-art live virtual Casino, featuring a full selection of table and card games like Hold ‘Em, Keno and Blackjack. Launched to the public as recent as April 2008, this casino is the first of its kind with incredible new graphics, Blackjack tournaments and cash back offerings for casino losses.
Whether your passion is sports, politics, entertainment, horse racing or casino action, look no further than BetOnline.com for the most exciting and enjoyable experience on the web. With the world’s highest parlay odds, lightning-fast payouts and a constant stream of promotions for you to take advantage of, it only makes sense to bet online at BetOnline.com.

What We Say:
Bet Online Sportsbook Company Summary: BetOnline has made its way to the top of the industry in offering unique wager prices and innovation. It allows higher wagering opportunities than most, and more reasonable prices and bonuses. It accepts U.S. punters, which is a feat in itself. The company takes pride in itself managerial abilities, as well as its well educated customer service staff ¨C as well it should, as it is one of the best in the industry.

Bet Online Sportsbook Marketing and Brand: Bet Online relies mostly on its newsletters, media room, and customer referrals to spread the word. The online sportsbook has a number of staff writers on board, whose articles are posted almost daily. The company has been featured in the Milwuakee Journal-Sentinel, the Calgary Herald, the Sports Business Journal, LasVegasSun.com, Sports Illustrated, the LATimes, Fox Sports, Wall Street Journal, CNETNEWS.com, the Detroit Free Press and many more.

Bet Online Sportsbook Prices & Lines: Bet Online sportsbook boasts that it offers the world¡¯s highest parlay odds and a free loyalty program. Not only does BOL have the best discounts in the industry, it also offers some of the highest wagering limits. The most common complaint is that its freeplay rollovers are calculated by the winnings rather than the risked amount.

Bet Online Sportsbook Cashier: Bet Online will hopefully add more deposit and withdrawal methods in the future, but for now it is relatively limited to its punters ¨C especially those in the U.S. With credit cards the most common method of payment, it is unfortunate that BOL only offers Visa as an option. Aside from that, it is notable for its speedy payout, and its excellent account management, which is available 24/7.

Bet Online Sportsbook Customer Service: Bet Online¡¯s trump card is its customer service. The company does not outsource; rather, it employs over 300 citizens of Panama that are rigorously trained in wagering, sales and customer service. Account management and wagering staff is on duty 24/7, 365 days a year via telephone, e-mail and live chat.

Bet Online Sportbook Bet/Game Variety: Bet Online is not notorious for its wide selection of games. There are no novelty/entertainment or exotic bets, and the company tends to stick toward the standard sports betting opportunities such as football, basketball, baseball, hockey, soccer and golf. That being said, it does offer the best odds in the industry, quoted by many reputable news venues, and a number of wagering types for each.

Bet Online Sportsbook Bonuses: Bet Online offers a fair bonus program, up to 45% which is rare with online sportsbooks. It also offers a referral program, where customers can enjoy 15% of their friends¡¯ deposits. Rebates on horse racing are far above the 3% industry standard at 7%, and the newly-added loyalty program is another great perk.

Bet Online Sportsbook Other Promotions: The loyalty awards one point for every dollar wagered. Players will receive points on every sportsbook and prop wager, no matter the amount or type. Points are then redeemed for freeplay or other prizes, on a five-level, play-based system. BetOnline also pays out 100% on horse racing wagers that are not covered by a host track, to allow for more wagering opportunities than a punter would find anywhere else.

Bet Online Transfers and Fees: The fees at Bet Online are quite minimal, and almost always covered or refunded by the online sportsbook. Players can expect payout on winnings anywhere from 2-4 days, even with a cashier¡¯s check.

Go To BetOnline