BetOnline Sportsbook Review

Welcome to the in-depth review for one of the leading names in U.S. online sportsbooks, BetOnline. This site probably needs no introduction to seasoned sports fans, as the millions of satisfied members can attest to. If you are new to the online sports wagering world however, we would like to introduce you to one of the best places to play on the web.

In this review, LegalBettingUS is going to go in depth on every aspect of BetOnline so you can know exactly why this site destroys the competition in almost every respect. First, we will cover the legal side of U.S. sports betting, showing you exactly how BetOnline is allowed to serve players from all over the nation. After that, we will go through all aspects of the site including deposits, payouts, mobile betting, live betting, and bonuses. Get ready to take a trip through the wonderful and profitable world of BetOnline.

Is BetOnline’s Sportsbook Legal?

The answer to this question is yes, the sportsbook is legal. That having been said, it is worth your time to learn a little about the laws so you can wager to your heart’s desire without reservations. There are two main federal laws that dictate how an online sportsbook for U.S. residents can function. We will cover these laws in a bit, but first we would like to invite you to visit our dedicated legal sports betting pages if you would like a full in-depth analysis of the laws. For now, let’s take a brief glance at the regulations that are in place.

UIGEA: The Internet Gambling Enforcement Act (UIGEA) of 2006 regulates the way sites are allowed to pay their members. One of the most important aspects of online wagering is collecting your winnings, so understanding the UIGEA is important. The law restricts sites from paying out funds directly to a credit card. Luckily, BetOnline offers many fast and safe alternatives such as cash wire transfers, checks in the mail, and more, which we will cover later. As long as a sportsbook utilizes payout methods that don’t go directly to a credit card, it can function within the bounds of the UIGEA.

The Wire Act: The federal wire act is an old law from 1961 that originally meant to squash the organized crime elements that pervaded the wagering world. The law has gone through several ratifications, and now only affects sports betting in the states. The Wire Act restricts online sports wagering sites from transferring information between states, so if a site operates in Nevada, only Nevada residents are allowed to use it. This is not a problem for BetOnline or many of their contemporaries, because these sites operate outside of the U.S. BetOnline functions in the Republic of Panama, and therefore resides outside of U.S. federal jurisdiction. The Wire Act does not affect BetOnline, and players from all fifty states can play at the site as much as they want too, legally.

Is BetOnline Safe For US Bettors?

As one of the leading online sportsbooks for U.S. players, BetOnline has a giant reputation to keep on top of. One matter of prime importance is player safety. This site would not have the amount of members it does without putting security as a top priority. BetOnline utilizes the latest security software and impenetrable encryption techniques to ensure your information and identity are safe. We have never read a bad review of the site that had to do with security leaks or concerns, in fact, a bad review is tough to find in general. Check out our safety pages to learn more about all of the protocols that sites like BetOnline have in place to protect you.

BetOnline Deposit Methods

Deposits are arguably the most important part of online sports betting in the U.S. You must add money to your account in order to start wagering for real, and you can’t win big without first risking a little. BetOnline makes deposits simple, safe, and fast. You are able to deposit with any major credit/debit card, including Visa, AmEx, MasterCard, Discover, JCB, and Diners Club, as well as with gift cards. If you don’t want to use a card you can also choose cash wire transfers such as MoneyGram or Western Union, or even money orders, Bitcoin, or check. This site utilizes more deposit methods than almost any other sportsbook we have come across.

Each method comes with differing transaction speeds, fees, and limits, and some methods do not charge a fee. For instance, credit/debit cards usually take less than five minutes, have small fees between 2.8%-4.6%, and have minimums of $50 and maximums of $3,500. Each method will have this information listed on the cashier page for your convenience. Check out our sportsbook deposits page to learn in depth about every method available.

BetOnline Payout Options

Many people agree that the most fun aspect of sports wagering is collecting winnings. BetOnline has almost as many payout options as they do deposit options, and they are all just as simple, fast, and secure. The UIGEA does not allow payouts directly to a credit card, so BetOnline uses a myriad of alternative methods for getting you your money. You will find checks, cash wire transfers, bank wires, bitcoin, and more at this essential sportsbook.

As with deposits, every method has differing speeds, fees, and limits. For instance, person to person (aka cash wires/MoneyGram/Western Union) take 12-36 hours to process, come with fees of $26 to $101 depending on the withdrawal amount, and have a minimum of $50 and a maximum of $600. Each method will have this information on the cashier page. Check out our sportsbook payouts page to learn more about each method.

BetOnline Welcome Bonuses

Well now, we have come to the section that tends to surprise everybody. If you were on the fence about joining BetOnline up until now, this should push you over the edge. This site repeatedly rewards loyal members from the day they sign up, until the day; they decide to stop betting on sports (if that day ever comes). Some of the unbelievable promotions include a whopping 50% welcome bonus that can add up to $1,000 to your initial bankroll. This bonus, along with most others, comes with rollover requirements, meaning you must wager a certain amount before collecting the bonus. This is par-for-the-course for sportsbooks, because if they all gave away $1,000 to every new member they would go broke. Think of it as assurance that you will remain loyal and actually place some bets on the sportsbook. The bonuses don’t even start to end there. You will find reload bonuses, free plays, mobile and live bonuses, refer-a-friend, and many more.

BetOnline Mobile Betting

Have you ever been stuck someplace away from home, and realized that your favorite team was about to play? Now, with BetOnline’s mobile betting, you can put money down on a game from anywhere. This special new feature allows players to access the entire sportsbook, and even manage their account, on their mobile device. Whether you own an iPhone, Tablet, Android, or any other instrument that connects to the internet, you will have access to BetOnline from the palm of your hand. You don’t need to download anything, and there is no extra cost; just sign in to your account from your phone and you will have the entire site at your fingertips. Check out our mobile betting page to get a full grasp of this awesome feature.

BetOnline Live/In-Game Betting

Another excellent feature to add to the massive list of BetOnline’s innovations is the live/in-game betting page. This real-time sportsbook allows you to wager on a game as it is happening. The various odds change with the ebb and flow of the action, and you can place as many bets as you’d like on all aspects of the game until it is over. This is by far the most exciting way to wager, as you have the ability to wager on every moment up to the final bell or whistle. This is also a great feature for if you happen to be late to wager on a game that has already started. Most traditional odds close once a game begins, but with live/in-game betting, you can jump in at any time and start putting down money. Check out our live/in-game page for a full explanation of how all of this works.

BetOnline Is The Best Legal Sports Betting Site

If you have made it this far, you know we just can’t say enough about BetOnline. This award winning U.S. sports betting site has more than earned its reputation as the best all-around wagering experience on the web. We suggest you read our in-depth pages on payouts, deposits, bonuses, laws and more, or just head on over to BetOnline and check it out for yourself.