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BetNow Sportsbook Review

newadminSeptember 18, 2019
October 01, 2019
Rating 3.9/5

BetNow is a relatively new player in the online sports betting space. In a short time it has evolved to become a widely popular sports betting platform, particularly among high rollers. While there are issues that might detract some casual bettors, BetNow has managed to assert itself well in a short time.

Pro’s Con’s
• High max bet limits • High rollover requirement on bonuses
• Easy to navigate / User-friendly • High funding requirements on bonuses
• Unparalleled customer service • Slow withdrawals on non-Bitcoin transactions
• Deposit / Withdrawal via Bitcoin
• They create their own lines

And then there’s Bitcoin. Have you been looking for a way to transform your hard-earned Bitcoin into betting money? Look no further than BetNow. It allows you the opportunity to use the popular cryptocurrency to make a deposit use it to wager on sports!

Background Information

BetNow was originally licensed in Curacao back in 2015, which might leave some players leery. But the company has the endorsement of the Off Shore Gaming Association (OSGA). The OSGA are highly regarded when it comes to assessing the quality and risk of off-shore gaming companies. And, this sportsbook is one of just a handful of offshore gaming institutions to accept and payout in Bitcoin. A huge bonus that we’ll discuss further below.

Deposit and Withdrawal Options

As referenced earlier, Bitcoin is king at BetNow. That should come as great relief to cryptocurrency enthusiasts looking for a sportsbook. Users can deposit anywhere from $20 up to $40,000 of the cryptocurrency, and your funds will be available almost immediately. Don’t worry if you who prefer something other than cryptocurrency. BetNow also accepts a variety of other options including credit card, Moneygram, prepaid card and Western Union.

Remember what we said at the top of the previous paragraph? That’s especially true when it comes to withdrawals. Players can opt to have their money withdrawn via Bitcoin, which comes without a processing fee and is usually processed within 24 hours. If, however, you request a cheque, you might be waiting up to 24 days. You can also expect a processing fee of up to $85 depending on how much you’re requesting. Bitcoin withdrawals are maxed at $40,000, while wire transfers max out at $50,000.

Bonus Details

This is where BetNow both ingratiates and infuriates prospective bettors.

The Good

The sportsbook offers a welcome bonus of up to 100% on deposits up to $500. This bonus is offered periodically in place of the standard bonus offer of 50% on deposits up to $1,000. It’s a potentially significant amount for users, particularly with BetNow offering some of the highest betting limits of any sportsbook available to Canadian players.

There’s also a Refer a Friend offer which entitles you to a credit of 50% of the amount your referral deposits. This maxes out at a payout of $250.

The Catch

As good as the sign-up bonus is, there’s a catch. Two of them actually. And they’re kind of big. For starters, the minimum deposit required to qualify for the bonus is $50. This is much higher than most other sportsbooks in the industry. And, to claim the entire bonus, you’ll need to achieve an 8x rollover. It’s steep, for sure, and requires an awful lot of betting activity, not to mention winning!

8x Rollover = 8 times your initial deposit needs to be bet in order to claim the bonus.

There’s a catch when you refer someone too. You’ll need to have a 4x rollover to redeem the offer. It’s more reasonable than the base sign-up bonus but still steeper than most sportsbooks.

Sports Available at BetNow

BetNow offers a decent complement of major professional sports. including MLB, NFL, NBA, NHL, soccer, tennis, boxing and mixed martial arts. But, two things set this sports betting site apart from the majority of the competition.

  1. The sportsbook offers higher limits than most on popular leagues like the NFL.
  2. It provides odds for minor-league sports. That’s a significant offering that, as a bettor, you won’t find anywhere else.

Supported Betting Types

Bet Types
  • Moneylines
  • Spreads
  • Totals (Over/Under)
  • Futures
  • Parlays
  • Teasers

BetNow supports all the major bet types you would expect to find at a standard online sportsbook.

BetNow’s futures and league-wide props offerings are a bit lean compared to other books, but BetNow has improved in this area in recent months. As well, their individual game prop offering is substantial. While the majority of sportsbooks tend to stick together when it comes to odds, BetNow generates its own numbers. This gives bettors plenty of choice within the market.

Live Betting Options

BetNow has always been a leader in the live betting space, which will come as a comfort to those new to the platform. You will find live betting options for every major North American professional sport. There’s also a variety of options for international sports competitions.

BetNow’s odds for live sporting events are adjusted in the blink of an eye. This coupled with the simple interface, makes it easy to track down any live event you’re interested in betting on, and identify the bet you’d like to make.

Rewards and Contests

BetNow doesn’t just offer healthy bonuses for those who stick around long enough to redeem them. You’ll also find that they run a wide variety of contests throughout the year:

  • Annual March Madness Bracket Tournament (six-figure prize)
  • King of the Hill NFL handicapping competition
  • Thanksgiving NFL Contest
  • Grand Slam Contest during MLB regular season

BetNow also offers eight percent return on all standard horse racing losses (harness not included). That return is refunded to players each week.

Customer Support

As a sportsbook that’s just over four years old, BetNow’s commitment to customer service is evident. On top of offering 24/7 online chat support, BetNow also provides support via email or telephone. BetNow takes the customer service experience one step further by showing a willingness to make concessions, including raising the maximum betting limits on a particular betting event. All you have to do is ask!

Conclusion

High rollers will love this sportsbook for the max bet limits. Casual bettors or people new to betting will appreciate the easy to navigate interface. The customer service element is second to none for this sportsbook. Furthermore, patrons are able to deposit and withdraw via Bitcoin. This opens BetNow up to opportunities that other sportsbooks are missing out on at the moment. That, combined with the benefit of creating their own lines, makes BetNow a legitimate player for Canadians in the offshore sportsbook industry.

Nothing comes easily to the majority of sports bettors. That extends to BetNow’s bonuses mentioned above. The welcome bonus commands a high deposit. Also, both it and the Refer a Friend carry an incredible rollover requirement. This is something most players will struggle to hit, making them frustrating bonuses. Even if you do manage to make a little betting profit, you’ll likely be waiting a while to see your returns. That is of course unless you deal in Bitcoin. In an age where sportsbooks are prioritizing speedy withdrawal timetables, BetNow still has plenty of work to do in this regard.

Join BetNow Today!

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