Betonline Review

Betonline Company Details

  • Founded: 1991
  • Location: Panama
  • Payments: Bitcoin
  • Payout Speed: 6-48 hours
  • Bonus: 50% to $1000
  • Bonus Requirement: 10x Rollover
  • Bonus code: BOL1000

Bet Online is another older name in the online sportsbook industry. They have never been as big as sportsbooks like Bovada and Bet365, but in the last 3 years they have been becoming very popular. BetOnline has been around since 1991 and is based in Panama City, Panama. They are a division of BLS International (Bestline Sports) and are currently they are holding a B+ SBR rating.

I have always been reluctant to add them to as I have never actually used them for betting. Now I’ve been using them since January 2015 and I must say I’m pretty impressed. This is my main sportsbook for my baseball bets.

BetOnline Bonuses and Promotions

Bet Online is currently offering all new players 50% in bonuses (up to $1,000 in Free bets). This is not just another “Welcome” or “Sign Up” bonus, this is a BONUS FOR LIFE! Every deposit you ever make will get a 25% FreePlay bonus.

Other Promotions:

  • 100% Crypto bonus
  • MLB No-hitter Refund – bet the over on MLB games and if the game finishes as a no-hitter, you get your money back!
  • Nil-Nil Refund for Soccer – If the score is 0-0 at the end of the game, all over bets are refunded.
  • What the Puck? – Bet the Under on NHL and if one of the teams covers the Over by themselves your bet is returned.
  • 7% Daily Track Rebate for horse betting

Available Sports

Bet Online is just a standard sportsbook with all the common sports.  The usual sports include:

  • Football
  • Basketball
  • Baseball
  • Hockey
  • Soccer
  • Tennis
  • Golf
  • Boxing
  • Cricket
  • Martial Arts (MMA)
  • Auto Racing
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Bet Online Customer Service

Bet Online is really easy to place bets.  I place most of mine online, but they also take bets on the phone.  They have 24 hour phone support and 24 hour live chat online powered by  I used the live chat and the person seemed to know what they were talking about, but I really haven’t put them to the test yet.

Bet Online Deposits and Withdrawals

Players have a variety of options including Visa, prepaid gift cards, money orders, echecks, person to person, moneybookers, neteller, book to book and cashiers check.

The easiest cashout method for me was a standard paper check.  Please note there are fees for some withdraw methods, but with the state of things now this is becoming a standard at online sports betting sites.

BetOnline Summary is a online sports betting site that is not going anywhere.  They are a permanent source for placing your bets, just be sure to check the lines at the other sites so you are getting the best bet you can.