BetOnline.ag Review

Overview

BetOnline is a comprehensive betting platform that was founded back in 1991, and is therefore one of the most experienced and trustworthy bookmakers in the industry. Licensed and fully regulated by the government of Panama, the site offers a wide selection of options for esports punters, even accepting real-time withdrawals on crypto!

Learn more about BetOnline in our comprehensive review below.

Registration Process 5/5

Making an account with BetOnline is as easy as it gets with the entire process taking less than a minute to complete. If you are qualified to register an account with BetOnline, you can start signing up by clicking ‘JOIN’ on the upper-right corner of the homepage.

Then, you fill in the required information such as name, email, and country of residence as shown below. Afterwards, BetOnline will send you a confirmation email with your generated alpha-numeric username. You will use this username to login to your account, which you can now start betting with once you make a deposit.

Deposits and Withdrawal Options 3/5

BetOnline is known, first and foremost, for being one of the first-ever bookmakers to accept Bitcoin deposits and withdrawals. Since the rise of cryptocurrencies, the site has adapted to even more tokens such as Ethereum, Litecoin, and Solana. Even today, there are not many bookmakers out there allowing these payment methods. For those who are unfamiliar with the payment method, BetOnline has a dedicated guide on how you can cash in using crypto. You can start depositing by clicking on ‘DEPOSIT’ on the upper-right corner once you have logged in.

Aside from cryptocurrencies, BetOnline accepts payments from credit card providers, Moneygram, and wire transfers. Among its list of accepted credit card providers are Mastercard, VISA, American Express, and Discover.

However, unlike cryptocurrencies, credit card deposits have harsh restrictions. As such, you can see how BetOnline pushes cryptocurrency as their users’ primary method of payment.

For withdrawals and payouts, you can use the same methods used in depositing funds. Before you get to cash out, you may be required to submit IDs for verification purposes (KYC). Of which can be submitted through BetOnline’s verification team when requested thru email or live chat.

In terms of processing time, cryptocurrencies are the fastest which can be completed within minutes and are guaranteed to arrive within 24-48 hours. Meanwhile, withdrawals through Moneygram and wire transfers can take anywhere from 5-15 days.

Open Account Offer 1/5

Upon signing up, you are welcomed by a number of promotions for sports, casino, and poker. These deposit promotions usually come in the form of a generous 50% bonus with a 10x rollover. For bettors using cryptocurrency for the first time, BetOnline offers a first-time deposit bonus to double your money given a 14x rollover requirement.

Furthermore, you can even get bonuses for every reload you do with up to 35% bonus for cryptocurrency deposits. However, these bonuses do not apply for bets placed on esports. As such, you should look towards the rest of BetOnline’s offered promotions before you place your bets.

Sportsbook Promotions 3/5

Although they do not have a welcome bonus for esports, promotions are regularly hosted for esports betting on BetOnline. As of writing, BetOnline has a weekly rebate and a parlay power up promotion up for use. For the esports rebate, bettors who have lost over €225 are given a 20% rebate on their losses. These losses are paid in the form of casino credits with a maximum rebate of €180 and a 50x rollover. The rebate is calculated on a weekly basis from Monday till Sunday.

Meanwhile, the parlay power up promotion is applicable for punters who place pre-match combo bets with five or more selections. Using BetOnline’s esports bet builder, parlay bets of five or more selections get an equivalent bonus of 5% of up to 60% with twelve selections. All you have to do is place bets greater than 1.5 odds for each selection.

After you have placed enough bets and become an avid bettor at BetOnline, their team can contact you to be a part of their VIP programme. There are factors required to qualify for VIP such as deposit activity and account activity. But as of now, these metrics and criteria are not fully released by BetOnline making it an exclusive club for bettors to get into.

Pre-Match Offer 4.5/5

As we mentioned, BetOnline has a limited number of esports titles available for betting. However, for each of these titles, BetOnline offers deep and comprehensive markets for betting. Whether it comes to early markets or futures, the platform can have up to over a hundred betting lines ready for your wallets. As now, here are the following esports games supported by the bookie:

• FIFA
• NBA2K
• CS:GO
• League of Legends
• Dota 2
• VALORANT
• Rainbow Six Siege
• StarCraft 2
• Honor of Kings
• Arena of Valor

Types of Bets

With BetOnline, you are guaranteed to have your pick of the litter when betting on your favorite esport. As an example, we can look towards a League of Legend match in the LCK between T1 and BRION. In this matchup, there are 132 betting lines available across a best-of-three series. These betting markets include futures, moneylines or match winners, handicaps, totals, and specials or prop bets.

For League of Legends, you can have betting lines as complex as ‘team to destroy first inhibitor’ or ‘kill first baron’. But across all esports, you will generally see map handicaps, total maps played, and correct match score. You can also look to predict the champion of each upcoming tournament. After you have placed your bets, you can then check the result of the matches you bet on all in the same section.

Esports Odds

BetOnline offers competitive odds that you can take advantage of no matter where you are from. Depending on your country of origin, you can view the schedules for upcoming matches in your timezone of choice. Furthermore, you can view betting odds in American, Decimal, Fractional, and Hong Kong formats. However, as of right now, betting lines are only provided in English and Mandarin.

With regards to the competitiveness of its odds, you can see that the vig or overround of each betting line in BetOnline is around 6-7%. While this is considered to be a higher-than-average vig in sports betting, as esports betting is a relatively new scene. This means that volatility is expected, which bookmakers try to account for with higher margins. However, this can mean higher odds that you can make money off given the right value bets.

Combined with betting strategies like using parlays and finding value bets in underdog teams, there is much to be won from BetOnline’s vast betting markets. You can find out how much you can place on a singular bet by clicking on ‘Bet Max’ right below your stack for each bet. However, just remember that for parlays, you can only stack one bet from each match you place a bet on.

Sportsbook and Racebook

If esports alone does not satisfy your itch, you can bet on traditional sports through BetOnline’s sportsbook and racebook betting markets. For their sportsbook, the choices are almost limitless with selections all the way from baseball, basketball, tennis, and even darts. If you are an avid follower of pop culture, you can even bet on events such as box office predictions, Oscar winners, next elected prime ministers, and many more. Meanwhile, you can also bet on thoroughbreds across a number of horse races around the world.

Live Offer 5/5

As expected from a top-tier bookmaker like BetOnline, they offer live betting for almost all esports titles. You can choose among which live streams you want to watch and place your bets accordingly. With BetOnline’s live bets, you can adjust your bets to how you think a match will go based on a team’s draft or form at the start of the game. But of course, that means odds will change real-time based on how the match shapes up. So, you must be quick to your feet.

Security 4.5/5

As a bookmaker that has been in the running since 1991, you can trust that BetOnline is a trustworthy and dependable platform for your betting needs. Firstly, BetOnline is legally licensed by the Panama government and are fully regulated to operate internationally. As long as betting or wagering is legal in your place of origin, you are safe to bet on BetOnline.

Moreover, you can also trust that your confidentiality is taken seriously in BetOnline. For further details, you can read their commitment to your privacy on their privacy policy.

Next, BetOnline assures that all customer deposits are held in an insured escrow account. So, you can rest easy that your money is fully secured and available for withdrawal at any given time. Given their available payment methods, you can have your money as soon as 24-48 hours as well. Furthermore, your transactions are coded and encrypted for added protection.

Lastly, BetOnline offers two-factor authentication to truly bolster your account’s security. Once you sign up for 2FA through your account settings, you will need to verify your person with a 6-digit code sent to your email every time you login.

Responsible Gaming

Thankfully, BetOnline redeems itself with its inclusive limitations for responsible gaming. Aside from having a dedicated section to betting responsibly, they have concrete choices for you to limit your betting time. You can message customer support to take a break from your account or even self-exclude yourself permanently. If you have any concerns, you can easily contact their team 24/7 as well.

Service and Customer Support 5/5

As we mentioned, if you ever encounter any problem or simply have a query you want to be answered, BetOnline’s support team has you covered. At the moment, you can first ask for support through their comprehensive help center. If that does not resolve your concern, you can then move on to their extensive customer support choices through Live Chat, Email, and Hotline.

Upon contacting their customer support through live chat, you are immediately assigned a customer service agent to address your concern. There was almost no waiting time, and the customer service representative was polite, knowledgeable, and was able to address all of my queries and more. You can even have the transcript of your conversation sent to your email address should you want to review your discussion.

The only drawbacks to BetOnline’s customer support are that they only offer their services in English or Spanish. Although it can take up to 24 hours for their email support to respond (in our case it took less than five hours), it is more than compensated for by their almost instantaneous response time thru live chat and their hotline.

Design and Usability 4/5

BetOnline’s design language speaks to its standing as one of the most trusted bookmakers in the industry. It is simple, straight to the point, and has a classic look and feel. It follows a minimal aesthetic of a faded black, red, and white which keeps all the attention to where it should be.

What is great about BetOnline is that it features a Classic or retro view that the bookie used in its earlier days while giving bettors the choice to use their newer, sleeker, and more modern design iteration. Whether you like the old, classic look or their redesign, you can plainly see each of the betting sections available for play in a cohesive header.

Furthermore, BetOnline offers betting news for all its clients through its news room. Here, you can find the latest news about sports leagues such as the NFL, MLB, and the NBA to help you make better betting decisions. One of our only gripes with the platform so far, however, is its lack of supported languages with BetOnline only providing English and Mandarin on their sportsbooks. That and the lack of a dedicated betting stats section to further help users with their decision making.

Mobile 4/5

Regrettably, BetOnline does not have a dedicated mobile application for Android and iOS devices. However, the betting platform has adapted its services particularly well for mobile devices. As such, accessing BetOnline through your phone or tablet allows you to still be able to perform all the actions you would be able to do through your laptop or desktop. Whether you want to bet on esports or roll a slot in their casino, you can do it all from the palm of your hand.

Other Products 4.5/5

If you want to go back to the basics, BetOnline offers a diverse selection of betting alternatives aside from esports such as traditional sports, casinos, racebooks, and poker. What is more is that they offer first-time deposit bonuses that you can use for betting on these choices.

Furthermore, you can compete with fellow bettors by competing in paid or free contests. In these contests, you try to predict the outcome of events such as the NFL’s Super Bowl, the Pegasus World Cup, or even CS:GO’s Intel Extreme Masters. If you get the prediction right, you get a share of the grand prize.

These betting alternatives allow you to get outside the usual betting markets and find an all-new way to enjoy betting. Just remember to read the terms and conditions before joining any contest or taking advantage of a promotion as some only allow participants from particular countries (such as the UK and the US) or have a set rollover or condition to claim your reward.

Summary 4/5

BetOnline is an esports bookmaker that has been in the industry for a good while now. The bookmaker was established in 1991, and ever since then, BetOnline has grown to be one of the leading betting platforms with its unparalleled security and reliability. This is because throughout the years, BetOnline has continued to adapt by embracing cryptocurrency and welcoming the rising world of betting that is in esports. Furthermore, BetOnline goes beyond esports as they did start with betting lines on sportsbooks, racebooks, and wagers for casinos.

As of now, we highly recommend BetOnline for their exceptional rates when it comes to betting with cryptocurrencies. They accept coins all the way from Bitcoin and Ethereum to altcoins even like Dogecoin. With their generous deposit rates and regular promotions for cryptocurrencies, you can start betting on BetOnline whenever you want for as much as you want with deposits up to €450,000.

To sum up our BetOnline review, BetOnline is the perfect betting platform for the tech-savvy ‘crypto bros’ who are into esports. If you are a bettor who is only concerned with the top esports titles, you can find all the matches and tournaments you would want to bet on in BetOnline. Although their odds’ overrounds are not over the top, they compensate for this with diverse betting markets and higher odds which gives you the opportunity to find more bets with great value. That is, if you have the eye to spot it.