BetOnline Sportsbook Review 2024

The Top Ranked Vegas Online Sportsbook

Anyone who is interested in laying some action on pro or college sports in the United States should familiarize themselves with BetOnline AG. This BetOnline Sportsbook review focuses on all aspects of their online sports betting operation, from the sports they offer to the services they provide.

The content of our online Vegas gambling reviews consists of first-hand knowledge based on years of experience. We go through the good and the bad at the BOL sportsbook and discuss the legalities of placing online wagers with them in the USA.

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Overall Rating
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👍 BetOnline Pros And Cons 👎

BetOnline Sports screenshot
  • Rollover Free BetOnline Welcome Bonus
  • Supports Cryptocurrency Payouts And Deposits
  • Accepts Members Starting At 18-Years-Old
  • Coverage For All Major Pro Sports And Most College Sports
  • Featured Betting Contests
  • Sportsbook, Casino, and Poker Under One Account
  • Has Been Operating Online Legally Since 1991

The BetOnline Mobile App For Sports Betting

BetOnline mobile logoSince we place most of our bets on mobile devices, compatibility with current smartphones and tablets is a must with any sportsbook we review. Unlike domestic applications, the BetOnline app doesn’t need to be downloaded.

You place mobile bets with BetOnline just like you would on a computer or laptop – by logging into your account using a web browser. What’s different from the desktop experience is the touchscreen controls.

The layout is similar to what you see online but condensed to fit the smaller screens that Apple and Android devices feature. The entire web-based sportsbook can be accessed via the app, and that includes their casino, poker room, promotions, and contests.

Is BetOnline Legit?

BOL began serving US customers over the web in 2001 and predate domestic online sports betting sites by over fifteen years. They operate among a family of sportsbooks and casino brands that are respected and trusted among experienced online players in the US.

They are regulated and routinely inspected by the government of Panama in a similar manner to what US-based books must go through. Their online encryption matches current criteria for the banking industry standards, and they don’t share your information with third parties.

Why Trust Our Review?

We have used them to bet on the NFL, NBA, NHL, college football, and other major sports for over a decade and have never had an issue collecting a payout. Their odds are always fair and within the similar range of other respected books, and their site includes all the necessary security measures to ensure a safe experience.

Any of the findings reported here are easily duplicated per your own experience and we invite readers to click on any links provided in this guide to take a personal tour of BOL.

Is BetOnline Legal?

Their corporate base is in Panama City, Panama, where offshore gambling sites like BOL are permitted to offer online gambling over the Internet. They are not governed by US law, and their country of residence allows them to offer their services to web-based patrons worldwide.

Furthermore, US gambling laws are intended to govern domestic sportsbooks, and have no impact on offshore gambling sites like BetOnline. Some sites restrict use within a select state or two, but BOL allows access to their online sportsbook nationwide.

How To Sign Up For A BetOnline Account

If you are on the BOL website, you create an account by clicking the green join button at the upper-right corner of any page. The first page will ask for your name, email, phone number, and for you to create a BetOnline login.

Your next step will be to fund your account using any payment method they accept. You can also employ a BetOnline bonus code by getting one from their promo page or selecting one from the available bonuses button at checkout.

After your account is funded, find the sportsbook button at the top of the page and press it. Next, locate the sport you want to bet on in the menu on the left. Inside that given section, find the game or prop you want to wager on and click the odds, spread, or total to get started.

User Experience

Starting from the top, the account creation process at BOL is easy and doesn’t take very long to complete. Accounts are funded quickly no matter which banking option you choose, so you can get to the betting without much waiting around.

Finding the game, team, or player you want to bet on can be done fast using convenient menus. The sports hierarchies make sense and keep you from surfing around through lines you aren’t interested in. The bet slip has a modern feel that doesn’t interfere with the main page.

The payout process is as seamless as when funding accounts. Customer service is friendly and helpful when needed, rounding out the entire experience as well above satisfactory.

BetOnline Promo Codes For November 2024

BOL’s No Strings Welcome Offer

When you make your first deposit at BetOnline, you can add $250 in promo cash and 100 free spins by entering the promo code FREE250. This is a 50% matching bonus, so you’ll need to deposit $500 to get the full value.

The minimum required deposit is $50, which may be better suited for you depending on how often you bet on sports. The money must be used within 30 days. Any winnings acquired using free bets will be credited to accounts immediately without any rollover attached. The free spins must be used within 10 days.

The offer states no strings attached because there are no conditions. Bet the money and keep the winnings.

Refer-A-Friend

A bonus of up to $100 will come your way any time you refer someone to BOL who signs up for an account and deposits at least $50. This is a 50% bonus that can be maxed out (for you) by your friend depositing at least $200.

The cash won’t be added to your account until your friend plays through their initial deposit at least once through, or the money is held at BOL for 30 days.

Most books add an additional $25 to your account when your referral uses crypto, but that’s not the case here. BetOnline more than makes up for this negation by not including any rollover terms. You read that correctly. No playthrough at all.

BetOnline VIP Rewards

Each time you bet a dollar in the BOL sportsbook you’ll get 3 rewards points. These points are collected and count toward your current level. You’ll begin at the Bronze level and will rise to Silver, Gold, Platinum, Diamond, Elite, and Black levels as you continue wagering.

As you reach new levels, you’ll gain access to the following perks:

  • Increased bet limits
  • Birthday bonuses
  • Monthly and weekly cash boosts
  • Bonuses each time you move to a new level
  • Reduced deposit fees
  • Priority placement for payout processing
  • Free cryptocurrency payouts
  • VIP customer support

The VIP program is free to join for any existing member.

How To Claim A Bonus At BetOnline

Once you’ve decided which promotion you want to take advantage of, take note of the BetOnline bonus code and click the deposit button at the top right of any screen at BOL. After entering all the details of your deposit, there is a line to type in the promo code before submission.

There is also a button you can click titled “view promo codes” next to where you enter the information. A pop-up screen will appear listing any bonuses that you’re eligible for with corresponding codes.

Type in the code, ensure it has been accepted properly, then submit your deposit. The bonus cash and additional items such as free spins will be credited to your account at the same time the transaction completes.

You can track your available balance, free spins, and any applicable playthrough conditions in your account in real time.

Live Betting

When you enter BOL's online sportsbook, the first thing you will see is a listing of live betting lines for active or upcoming games. You can scroll through them all to see what's happening when or jump into a live betting line for a game that's ongoing now.

There is also a "LIVE BETTING" button at the top of the left menu in the sportsbook. This live betting page removes the side menu to make the lines as wide as possible. Leagues can be toggled at the top of the page so that you can easily jump from game to game, no matter what sport it is.

The betting work the same as it does before the game starts, there’s just the potential for the for odds to change or get removed towards the end of the contest.

The BetOnline Props Builder

The games for most major pro and college sports will feature prop bets for stats, but you cannot combine them for a parlay or buy points via standard lines. To do this, you’ll need to access BOL’s prop builder app which can be found at the top of the left menu in the sportsbook via a button labeled “PROPS BUILDER.”

Once you’ve entered the app, there’ll be leagues to choose from in a menu at the top. The section just underneath that lets you select individual games or players if you prefer going that route. Otherwise, all games and players from that given league will be displayed.

In the next section, wagers are broken down by bet type and stats. In most cases, different sets of stat totals for each player or team will be displayed, with betting odds listed next to each one. Odds are automatically added to a prop bet parlay upon selection and can be adjusted in the bet slip.

BetOnline prop builder

BOL’s Odds Booster

Another unique section that is exclusive to BetOnlineAG is labeled "ODDS BOOSTER" in the sportsbook menu. This is a page full of betting options where the moneyline odds have already been raised in your favor.

Here is an example of boosted odds:

Joe Burrow (CIN) And Lamar Jackson (BAL) Throw 1+ Interception Each

  • Was +290
  • Now +325

With the odds boost, this NFL prop bet will payout at $3.25 on the dollar instead of $2.90. There are numerous lines and props available in this section for any sports happening that given day.

Mega Parlays At BOL

Also listed near the top of the sportsbook menu is “MEGA PARLAYS,” a section that lists out pre-arranged combination bets that offer astronomical payouts if they hit. Here is an example:

NHL Mega Parlay

  • David Pastrňåk Artemi Panarin, Nathan MacKinnon 2+ Goals Each +14000

If each of the above listed players score two goals apiece, bettors will be rewarded with $140 per each dollar risked.

Bet Types

  • Match Or Game Lines: Point Spreads, Moneylines, Over Under Totals
  • Prop Bets
  • Futures
  • Parlays And Teasers
  • Exclusive Boosted Odds
  • Mega Parlays

Minimum And Maximum Bets

The minimum bet you can place at BOL is $1, but there could be higher minimums depending on the sport. Call-in bettors must place a minimum wager of $25.

The standard max bet at BetOnline is $500, but that number is raised depending on the sport and the time of season. For instance, the max bet you can place on an NFL point spread up to the Sunday prior to the game is $1,000. You can wager up to $5,000 between Monday and Wednesday of game week.

There are detailed charts for each sport that BOL creates odds for in their terms and conditions.

BetOnline Deposits

Credit Cards (Fees: Under $50 = $5.75, Over $50 = 11.5%)

  • American Express - Min: $50 Max: $500
  • Visa - Min: Min: $50 Max: $500
  • Mastercard - Min: $50 Max: $500
  • Discover - Min: $50 Max: $500

Electronic Checks (No Fees)

  • Min: $50, Max: $2,000

Cryptocurrency (No Fees)

  • Bitcoin (BTC) - Min: $20.00 Max: $1,000,000
  • BitcoinCash (BCH) - Min: $20.00 Max: $1,000,000
  • Ripple (XRP) - Min: $20.00 Max: $1,000,000
  • Ethereum (ETH) - Min: $20.00 Max: $1,000,000
  • Litecoin (LTC) - Min: $10.00 Max: $1,000,000
  • Polygon (MATIC) - Min: $20.00 Max: $1,000,000
  • Avalanche (AVAX) - Min: $20.00 Max: $1,000,000
  • Binance Coin (BNB) - Min: $20.00 Max: $1,000,000
  • Cardano (ADA) - Min: $20.00 Max: $1,000,000
  • Dogecoin (DOGE) - Min: $20.00 Max: $1,000,000
  • Shiba Inu (SHIB) - Min: $20.00 Max: $1,000,000
  • Solana (SOL) - Min: $20.00 Max: $1,000,000
  • Stellar (XLM) - Min: $20.00 Max: $1,000,000
  • Tether (USDT) - Min: $20.00 Max: $1,000,000
  • Tron (TRX) - Min: $20.00 Max: $1,000,000
  • USDCoin (USDC) - Min: $20.00 Max: $1,000,000

BetOnline Payouts

Cryptocrrency (No Fees, 24 Hour Processing Time)

  • Avalanche (AVAX) - Min: $20 Max: $10,000
  • Binance (BNB) - Min: $20 Max: $10,000
  • Bitcoin (BTC) - Min: $20 Max: $100,000 (some fees)
  • Cardano (ADA) - Min: $20 Max: $25,000
  • Dogecoin (DOGE) - Min: $20 Max: $10,000
  • Polygon (MATIC) - Min: $20 Max: $10,000
  • Shiba (SHIB) - Min: $50 Max: $10,000
  • Solana (SOL) - Min: $20 Max: $10,000
  • Tether (USDT) - Min: $200 Max: $100,000 (some fees)
  • Tron (TRX) - Min: $20 Max: $10,000
  • USDCoin (USDC) - Min: $ 200 Max: $ 100,000 (some fees)
  • Ethereum (ETH) - Min: $200 Max: $100,000 (some fees)
  • Litecoin (LTC) - Min: $20 Max: $25,000
  • Bitcoin Cash (BCH) - Min: $20 Max: $10,000
  • Ripple (XRP) - Min: $20 Max: $10,000
  • Stellar (XLM) - Min: $20 Max: $10,000

Cash

  • Money Order - Min: $1,000 Max: $5,000, Fee: $ 80, Processing Time: 7 days
  • ACH - Min: $100 Max: $1,000, Fee: $20 + 2.50%, Processing Time: 5 days
  • Check by Courier - Min: $500 Max: $2,500, Fee: Varies, Processing Time: 7 days
  • Bank Wire - Min: $500 Max: $25,000, Fee: Varies, Processing Time: 15 days

Excluded Regions

  • States: New Jersey
  • Countries: Afghanistan, Australia, Cuba, Congo, Eritrea, France, French Guiana and Polynesia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Mali. Malta, Myanmar, Netherlands and Antilles, North Korea, Panama, Sierra Leone, Slovenia. Somalia. Sudan, Syria, United Kingdom, Yemen, Zimbabwe

BetOnline Customer Service

  • Live Chat For Logged In Members
  • Telephone Support: 1-888-426-3661

Social Media

Summary

When we go online to place a bet on sports, we shop around to find the odds that will payout the most. This requires memberships with more than one book, and BetOnline is a site that we check every single time we risk money.

We probably place about 30% of our sports wagers with BOL. For entertainment gambling, that ratio goes up to around 70%. They have the slickest interface of all the top online Vegas sportsbooks we frequent and one of the largest selections of cryptocurrency banking options we’ve ever seen.

They accept members at 18, which is very handy in states where the minimum age is 21. Account-holders are also allowed to gamble in their online casino and poker room, with hundreds of real money games to choose from.

The experience is identical whether you are using a computer or mobile device. Their nationwide coverage (except for New Jersey) means you never have to worry about what state you’re in when you’re placing an online bet.

FAQ's

BOL is located in Panama City, Panama.