BetOnline Sportsbook Review

Posted by Elliot Nield on
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About BetOnline

BetOnline are a long-running offshore gambling brand. They are based in Panama – and have been welcoming online bets since 2004. You will find a huge range of sports covered. These include all the major league and college action – plus sports and leagues from around the world. BetOnline’s portal includes a full sportsbook, in-play betting, eSports betting and a horse racing section. They also have a casino and a poker room.

You’ll get a big 50% matched first deposit bonus at BetOnline. There are additional promotions including a free mobile bet, enhanced cryptocurrency bonuses and specials for props and in-play (live match) bets too. German players are welcome, along with players from the US, Canada and around the world.


  • Long running brand, history goes back pre-internet
  • Sharp lines including many dime-lines, and enhanced odds promos
  • Get free bets the first time you use mobile betting, bet in-play, or place a parlay
  • Get a 25% bonus for every deposit for as long as you bet
  • eSports, Horse racing bets, poker, and casino games all from one account


  • Higher minimum deposits required for bonuses
  • Need to send an e-mail to claim free bets

Welcome Bonus and Promotions

Your first deposit at BetOnline will get a big boost. The sportsbook will add 50% to your deposit in bonus bets – up to $1000 maximum. Use bonus code BOL1000 to claim this offer.

Once the bonus funds hit your account you have 30 days to meet a 10x rollover requirement. Wagers to meet your play-through must be used in the regular sportsbook. In-play betting and horse racing bets do not qualify.

This is just the start of the deals for new players. There are free bets available to encourage you to try out the different areas of this sportsbook. These are a $25 free play for live betting, $50 for mobile betting and $25 for player props betting. Each offer takes the form of a rebate. You bet your own money, and if your selection loses, you get a rebate in betting credits. Note that refunds are not automatic. You will need to send an email to to claim them.

Bitcoin Welcome Bonuses

If you are depositing with Bitcoin for the first time, you will receive a 100% match bonus up to $1,000, to be claimed once. The roller is 14x, but make sure you read the terms and conditions to take advantage of this offer in full.

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Weekly Promotions

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Reload Bonuses

BetOnline will give you a bonus on every deposit that you make. This is a 25% boost, up to $250 max each time you reload your account. You need to use promo / bonus code LIFEBONUS to claim it. Your free bets then have a 6x rollover requirement before the money can be withdrawn. This bonus is only available for US / Canada residents at the moment, and deposits with Skrill or Neteller do not qualify.

If you deposit with cryptocurrency, BetOnline will boost your bonus to 35%. You can use Bitcoin, Bitcoin Cash, Ethereum, Litecoin or Ripple.

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BetOnline Rebates for eSports and Horse Racing

Esports betting is becoming popular, and BetOnline give fans of these sports a big incentive. You get 20% back on any losses every week. This is capped at 20%. This rebate comes in the form of a bonus which you can use in the BetOnline Casino.

The race book gives a daily rebate of 7% for online bets, and 4% for telephone bets. This covers all regular bets that pay $2+ except for prop bets.

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Contests at the BetOnline Sportsbook

Contests covering the major leagues and big sporting events which have significant prize pools are available at BetOnline. These include the NFL Draft, March Madness and the ‘Super Bowl Predictor’. Contests covering eSports are also run. With prize pools between $5,000 and $100,000 these contests are a great way to top up your sports betting bankroll.

Look out for one off and special promotions at the BetOnline sportsbook, especially around major events. These can include enhanced odds, boosts for parlays or insurance against matches lost in overtime. Check the ‘Odds Boosters’ section on the left side menu of the main sportsbooks for the latest deals.

BetOnline Sports Betting Markets Available

While BetOnline started with a focus on the major US sports, there are plenty of German leagues to bet on. You will see a long list of sports in red on the left of the main sportsbook. When you click on them, a section opens with the ‘Top Leagues’, with ‘Other Leagues’ below this.
For example, soccer first shows the EPL and Bundesliga. They have check boxes that you can use to populate the main section of the site with matches. Clicking ‘other leagues’ then brings up an A-Z. This includes country leagues, champions league and more.
Navigation is a little different to many sportsbooks, though fast and efficient once you get used to how the side menu works.
Popular sports listed include NFL, NBA, NHL and MBL. Soccer, Tennis, Golf, Rugby, and Motorsports are covered in depth. You can also bet on Boxing, Table Tennis, Aussie Rules, darts and even entertainment / politics bets.

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Bet Types at BetOnline Sports

The bet slip at BetOnline is split between the popular US betting formats. You will find Straight Bets, Parlay and Round Robin, IF Bet and Reverse and Teaser / Please bets. Straight bets are Moneyline, Spreads and Totals – with period betting, props and sport-specific specials listed at the match-level on the wider part of the sportsbook.
You can use a pull-down menu above the match listings to toggle between American, Fractional and Decimal odds.
Live betting covers the same types of single match bets you can place before the games start. The difference is that the odds are updated in real time based on the on-field action. eSports betting and the race book have their own bets – these are based on the bets used in the US.

Mobile Sports Betting Options

BetOnline do not have native apps for smartphones or iPhones. Instead all the betting takes place through their website. This will adjust to your screen size – and works perfectly on mobile phones. In play betting is popular on mobile devices. This allows you to place bets while you are enjoying the match, whether in person or at your local bar.
You’ll get a no-lose $50 bet the first time you place a wager on your mobile phone. Remember to claim the refund if your selection loses.

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Banking Methods


Offshore sportsbooks have a limited number of banking options compared to those licensed in Europe. Most of the options at BetOnline are aimed at the US market – where depositing using regular cards can be difficult.

Cryptocurrency options include Bitcoin, Litecoin, Bitcoin Cash, Ethereum and Ripple. You can use Visa, MasterCard, AMEX or Discover cards, person-to-person transfers (international wiring services), bank wires or cashier’s checks. Neteller and Skrill are allowed from some countries – though keep in mind that bonuses are restricted if you choose these electronic wallets.


Withdrawal options include cryptocurrency, bank wires, person to person transfer or a check by courier.

a man wearing a tie next to a bag of money

Safety and Security

This brand has built a solid reputation since they started accepting internet bets back in 2004. They are located and licensed in Panama. BetOnline use SSL technology to keep their site secure. They have honored bonuses and paid their winning bettors quickly. Keep in mind that there is little oversight or recourse if you did have a dispute with any offshore sportsbook.
BetOnline have a detailed responsible gambling page, and offer self-exclusion, links to help organizations and advice.

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Customer Support Options

The FAQ page at this site is reasonable detailed. This is worth checking out before you get in touch with the support team. This team is available around the clock. There are three ways to contact them:
– Live Chat: This brings up a window where you are instantly connected to an agent
– Telephone: 1-888-426-3661
– E-mail: write to (there are separate email addresses for casino and poker players).

BetOnline Sports FAQ

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