Betonline Review


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BetOnline is a popular offshore online betting site that was founded back in 2001 and is headquartered in Panama, where corporate taxes are much lower than in the United States. This is similar to other popular locations like Curacao and Costa Rica, where many offshore sportsbooks are operated from. Betonline.AG is a legitimate online sportsbook and full casino that offers slots, poker, blackjack, and even a racebook. WIth some of the best bonuses in the industry, full access to betting on any sport, and even some pretty outrageous promotional stunts, BetOnline is one of the most popular gambling sites amongst younger generations, and it is fully available to bettors from all 50 states!

BetOnline Bonuses:

If you think BetOnline is the sportsbook for you, get ready to enjoy some of the best welcome and deposit bonuses in the industry. Since this is a sports betting review, we’ll focus on the sportsbook welcome bonus. When you sign up for a new account with BetOnline, the site offers a generous 50% deposit match when you enter the code BOL1000, up to a maximum of $1,000 in free bonus money. That’s just one example of the bonuses BetOnline offers, so here’s a few more if that’s not enough to impress you!

  • Sign Up Bonus: As mentioned above, BetOnline offers a 50% match of your initial deposit. This does have a maximum bonus amount of $1,000 as well as a minimum deposit amount of $55.00. The bonus also comes with a 10x rollover stipulation which is common for sportsbook bonuses. 
  • Reload Bonus: Whenever you add more funds to your BetOnline account the site will offer a 25% reload bonus. You do need to deposit a minimum of $50.00 and a 6x rollover stipulation for this type of bonus. 
  • Crypto Bonus: As with many online sportsbooks, BetOnline is promoting cryptocurrencies as a deposit method now. Currently BetOnline is offering a 100% deposit match for your first crypto deposit, with a minimum deposit of $20.00 and a maximum bonus amount of $1,000. This bonus comes with a 14x rollover and applies to Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Stellar, or USD Coin. 
  • Crypto Reload Bonus: BetOnline also offers a 35% crypto reload bonus using those same cryptocurrencies. This also requires a minimum deposit of $20.00 and a maximum bonus amount of $350.00. 
Betonline bonus plans

How Does Rollover Work: 

It’s a great question and most online sportsbooks and casinos do implement a rollover for the bonus awards. Here is how it looks for an initial deposit of $200, the 50% deposit match of $100, and the 10x rollover. 

$200 + $100 = $300 x 10 (rollover) = $3000

This means you have to wager $3,000 of your own money, before receiving the $100 bonus. When you put it like that, it’s not as generous as it seems but this is standard for most online gambling sites!

Banking at BetOnline: Deposits and Withdrawals:

Perhaps the most important part about opening a new account with an online sportsbook: funding your account! BetOnline offers its customers multiple different ways to deposit money into their accounts. The minimum deposit is $20, so it’s easy to get right into the action! Let’s take a look at the ways in which players can add funds to their BetOnline accounts:

Visit Betonline and see why they have been a sportsbook of choice for so many sports betting enthusiasts since 1994. 

Deposit Methods

BetOnline is definitely in tune with what its clientele want and offers a wide selection of cryptocurrencies as a way to fund your bankroll. Of course, the site accepts all of the traditional methods of payment as well. Here is a chart that illustrates the ways that you can deposit to BetOnline:

Deposit Method

Minimum Deposit Amount

Maximum Deposit Amount

Visa/MasterCard

$50.00

$5,000

Person to Person

$50

$900

Money Order

$300

$9000

Wire Transfer

$1000.00

No Max

bitcoin

$20

$3,500

ethereum

$20

$25,000

Withdrawal Methods

BetOnline also has an extensive amount of payout options available for customers. Here is a chart that illustrates the ways you can withdraw from BetOnline:

Withdrawal Method

Minimum Amount  

Maximum  Amount

Wire Transfer

$500 

$25,000 - Fee  $45 - $60 

Money Orders

$50.00

$9000 - Fee $80 

Check by Courier

$500

$2,500 - Fee  $50 

Money Gram

$50.00

$400 Fee  $26 - $51

Cryptocurrencies

$20.00 

$100,000 - Fee, None

BetOnline Sportsbook Features:

BetOnline offers a full catalogue of sports to bet on, including all of the major North American leagues, European leagues, and even Asian leagues. While all of the obvious sports are here like the NFL, NBA, MLB, NHL, PGA, NCAA, MMA, and Tennis, there are also more obscure sports like cricket, darts, lacrosse, and even politics. There is also an extensive eSports betting page, as well as a horse racebook and live betting options. 

betonline features

The BetOnline sportsbook page can seem like a lot is going on, and the interface can be a little difficult to decipher the first few times you bet. BetOnline also offers prop bets like individual player props and full game props, as well as futures betting. The BetOnline sportsbooks offers everything you need to get in on the action before or during the game!

BetOnline Overall Site Experience: 

For the most part BetOnline has a very friendly user interface that is clear to read given the company’s trademark red and white color scheme. The sportsbook can be a bit cramped with some fairly small writing, but other than that it’s hard to complain about using the site. It is easy to navigate, and offers an incredibly high-end online gambling experience no matter what you are playing! 

  • Betting interface: Very user friendly
  • Mobile Betting:Yes
  • Downloadable App: No, use in a mobile browser
  • Live Betting: Yes
  • Casino: Yes

BetOnline Mobile Betting:

Let’s be honest, everyone wants to play on their smartphones these days, so luckily BetOnline allows mobile browser compatibility. No need to download an app, just type in BetOnline in the search bar and log in with your account details on the mobile site!

BetOnline Final Verdict:

BetOnline is one of the most popular online sportsbooks for a reason! With great customer support, a long list of deposit and withdrawal methods, and excellent bonuses to help get your bankroll started, BetOnline is your one stop shop for all your online gambling needs! 

BetOnline is licensed and regulated to conduct business by the gaming commission in Panama City, Panama.


BetOnline Customer Service:

Like any reputable website, BetOnline offers excellent customer service that is available 24 hours per day and seven days per week. 

  • Customer Service hours: 24 hours a day, seven days per week
  • Toll free phone:1-888-426-3661
  • Live Chat function: Yes
  • Email: cssupport@BetOnline.AG

21 and over

21 and over


50% sign up bonus

Top 5 Sportsbooks is for casual purposes, intended for sports news, game matchups and sports trivia. Offshore sports betting, wagering, and gambling is prohibited in certain countries. We suggest you look into any offshore sportsbooks you visit and check the legality of sports betting in your country. The information here is accurate to the best of our knowledge. Top 5 Sportsbooks is not responsible for any activities outside of our own domain. Gambling addiction, as all addiction is an illness and should be treated properly. If you have a gambling problem we suggest you visit Gamblers Anonymous to learn more about it. Please be 21 or over.

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