BetOnline is a brand that’s well-known amongst online punters, specifically for its sportsbook. But the service goes well beyond teasers and parlays with something for everyone. Poker, live casino action, and esports are also on the main menu, along with a full casino.
The casino features about 150 slots, primarily from the Betsoft brand. Players will also find a few dozen video poker options, as well as keno and bingo.
Thent a few months later a story broke – BetOnline acquired SportsBetting.ag. The crazy part wasn’t so much the acquisition, it was the fact that BetOnline also agreed to be on the hook for all the current and past payouts. So I guess about a year ago (Jan 6 2012 to be exact)I deposited $500 into betonline.ag, and got a bonus or some shit. I am pretty sure I got the 'free' extra $100 and got another $50 along the way. Make a deposit of $20 or more using Bitcoin, Bitcoin Cash, Ethereum, Ripple, Stellar, or Litecoin and BetOnline.ag will match it 35%. The maximum bonus you can receive per deposit is $350. You’ll need to rollover the deposit and bonus 8x within 30 days before you can cash out your winnings. BetOnline has one of the largest selections of deposit and payout options in the industry, all of them 100% secure and reliable. Bitcoin is the easiest way to deposit and get paid at BetOnline. No bookmaker payment due again. Betonline/Sportsbetting paid on 8/14. Bovada updated to expect payout on the 20th, however we are still waiting (8/21).update, Bovada payment received the afternoon of the 21st. July 2018 – Bookmaker, 5Dimes, Intertops all paid by 7/9. Betonline made last months payment finally around the 4th.
When it comes to table gaming, particularly for Americans, the site is tough to beat with 23 blackjack variations alone, plus another few dozen tables covering craps, roulette, baccarat, and more.
While the variety of options in the BetOnline Casino is one of the primary reasons why this particular site consistently makes our list of recommended US online casinos, there are other factors that we consider.
If you’re curious about its operation as a whole, be sure to check out our full review of BetOnline.ag. We revisit it often to make sure that we’re passing along the most current information.
In this post, though, I’m going to focus solely on the payment options accepted by BetOnline.ag. As it’s one of the top real money gambling sites for US players, it’s essential that the menu goes beyond e-wallets, and you’ll soon see if that’s the case.
Compared to many other US-facing gambling sites, BetOnline.ag allows for bigger bets by accepting higher deposit amounts. Whereas some sites impose transfer limits of $5,000 or less, high rollers can transfer in as much as $100,000 in a single transaction.
On the flip side, if you’re looking to do some recreational betting or play low-limit slots, then $20 is all you need to get things rolling. To take advantage of the low minimum, though, you’d need to pick one of the cryptocurrency options.
Methods Determine Minimums
For standard debit and credit funding, you’re looking at a $50 starting point.
BetOnline’s financial menu will vary slightly depending on where you live. For example, Neteller and Skrill are both listed as possibilities, but they won’t appear in the deposit and payout menus for Americans.
I immediately noticed that cryptocurrency is the preferred method. It’s certainly not unusual for an online gambling site to include a Bitcoin option, but this particular one lists five crypto alternatives.
As you’ll see when you review the individual requirements that I’ve listed below, opting for Bitcoin, Ethereum, or any of the other three possibilities is the best strategy. It’s going to keep more money in your pocket and allow you to move money in and out of your betting account quickly and effortlessly.
Using Cryptocurrency at BetOnline
- Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple
- Minimum Deposit: $20
- Maximum Deposit: $100,000
- Deposit Turnaround: 15 minutes (average)
- Minimum Withdrawal: $20
- Maximum Withdrawal: $3,000
- Payout Turnaround: Typically less than a day
- Fees: $0
- Currency: USD
Instead of building up to the all-around best when it comes to deposits and payouts on BetOnline.ag, I’m going to leave the starting gate with the winner.
You can’t do any better than selecting one of the five cryptocurrencies to fund your betting account on the BetOnline site, as any of them will tick off all of the preferred boxes. You’ve got the lowest minimums and highest maximum deposit allowances, as well as no-fee withdrawals.
While you may have to wait 15 or 20 minutes for your wallet transfer so that you can start playing, instead of an instant credit with traditional cards, you’ll be much better off at payout time. Using something like Bitcoin takes away the payout turnaround time, which can be as long as 15 days with some of the other payment methods.
Additionally, cryptocurrency is a near slam dunk for US players. I’ve read reviews about a high debit and credit card acceptance rate with BetOnline, which is a plus for anyone from the United States. However, money doesn’t flow in both directions with card use.
- Mastercard, Visa, American Express, Discover (including gift or prepaid programmed for international online purchases)
- Minimum Deposit: $50
- Maximum Deposit: $2,500
- Deposit Turnaround: Instant
- Minimum Withdrawal: $500 via Cashier’s Check
- Maximum Withdrawal: $2,500 via Cashier’s Check
- Payout Turnaround: Approximately seven business days
- Fees: $50 fee for withdrawals under $1,500 and 3% for withdrawals over $1,500
- Currency: USD
As I just mentioned, American players may have more success in getting debit and credit card transfers approved through BetOnline as compared to other sites. However, Mastercard, Visa, American Express, and Discover are only allowed for deposits.
When you’re anxious to request a payout and get those big winnings in hand, you’ll end up playing the waiting game. Cashier’s checks are used as the primary alternative withdrawal method, and they come with a price.
Not only will you end up paying 3% on your winnings as a fee, but it could take at least a week for you to receive your funds. If you’re like me, you’re anxious to reap the rewards of your good fortune, so it’s a bummer to have to wait that long.
- Wire Transfers
- Minimum Deposit: $1,000
- Maximum Deposit: No maximum
- Deposit Turnaround: 3-5 business days
- Minimum Withdrawal: $500
- Maximum Withdrawal: $3,000
- Payout Turnaround: 5-15 business days
- Fees: Depend on payout ($45 to 3%)
- Currency: USD
The reason I wanted to highlight wire transfers instead of some of the other financial alternatives is that a wire (or bank) transfer is number one for high rollers. Yes, cryptocurrency allows for up to $100,000 transfers, but wires have no limit.
There is a downside, though, as you can’t initiate a deposit and then turn right around and start playing. There’s a delay of three to five days with this method. It takes even longer for the reverse process, as you could be waiting two weeks or so to have a payout back to your bank.
I wanted to hit the highlights of BetOnline’s payment system primarily for US players who have a more significant challenge when it comes to banking with online casinos. The five cryptocurrency options should suffice. But for players who don’t want to go that route, there are a few other alternatives.
Aside from the wire transfers, BetOnline also accepts Person to Person and Money Order payments. Cashier’s checks are issued to card users for their payouts, but they can also be used for deposits. Using the cashier’s check method, you can replenish your betting account with anywhere from $1,500 to $15,000 at a time.
If you’re interested in opening an account with BetOnline and you don’t live in the United States, you have even more alternatives. You can turn to e-wallets, like Skrill and Neteller, and benefit from quick turnarounds.
Summary
Compared to some other websites that are on the shortlist for USA players, you get a slight edge by using BetOnline, as it doesn’t impose deposit fees. However, if you want to avoid those extra charges altogether, you’ll need to turn to Bitcoin or another crypto alternative. Otherwise, you lose some of your winnings without a bet with the 3% withdrawal deduction.
Another thing to consider is that you can transfer in as little as $50, but when it comes time to cash out, you need at least $500 accumulated to receive a cashier’s check. The bottom line is that it’s best to review all of your options before you jump in and make a transfer so that you pick the all-around best method for you and your betting budget.
I’ve only focused on the money end of things at BetOnline.ag, but we’ve got you covered in all areas when it comes to this betting site. Our comprehensive review goes well beyond what I’ve listed above and will clue you in on the complete service, including the games, promotions, customer service, and our overall impressions. Yahoo downloaded games.
Or you could just try the site for yourself and see what you think.
BetOnline Sportsbook bring online sports betting to their players covering a range of aspects. Whether on the computer or through a mobile device, BetOnline truly epitomizes sports wagering online in the 21st century. This sportsbook accepts a wide range of players, among them being those in the United States. This fact had made BetOnline one of the most popular sports betting sites going today.
But it's not all about who they accept and what odds they offer. There are key factors that come into play, of which none are more important than the options BetOnline gives their account holders to get paid! Withdrawing from BetOnline requires only a few steps and choices to be complete by the player. Check out what can be done at the time a player wants to receive a payout, below.
How Long Do BetOnline Withdrawals Take?
The nice thing about receiving a payout from BetOnline is that they do not take very long to receive. Even the longest methods take a few weeks at the most, and that is just the window of when it's guaranteed to be there.
What kind of payout times, in terms of total duration, can bettors expect? Checks are very common methods chosen by BetOnline players, especially those living in the U.S. It's simple to get, because all that is required is the address on the account. Checks can get to a player anywhere from seven days to thirty days.
BetOnline also gives players the chance for wire transfers as well, with Western Union as one option, and a MoneyGram as the other. It takes considerably less time to receive sportsbook cashouts this way. How does less than 36 hours sound? Hopefully that is music to your ears because, players are only looking at a 12 - 36 window once the withdrawal is processed, to it being received.
BetOnline Withdrawal Options For 2013
How To Withdraw From Betonline
There are a half-dozen withdrawal options BetOnline users can pick from as of 2013. We mentioned most of them in the paragraph above detailing withdrawal times, but we can take that a step further here, especially when it concerns checks. That's because there isn't just one check option account holders can pick from, there are three! Standard,courier, and ExpressCheck options are available.
We mentioned Western Union transfers and MoneyGram transfers up above as well and these are perhaps the most used options because of their friendly limits. While these are fast, expect to pay a surcharge for this convenience.
One more payout option to be aware of is a bank wire. It's rather similar to a wire transfer, but like most of the fastest sportsbook payment options, sending the money directly into your bank account can take a bit more work to setup.
BetOnline Payout Methods | Min. | Max. | Avg. Time It Takes | Withdrawal Fees | Available To US? |
---|---|---|---|---|---|
Check By Postal Service | $500 | $2,000 | Average: < 4 Weeks | $25 Per Withdrawal | |
Check By Courier | $500 | $2,000 | Average: < 2 Weeks | $35 Per Withdrawal | |
Express Check | $500 | $2,000 | Average: < 1 Week | $50 Per Withdrawal | |
Bank Wire Transfer | $500 | $5,000 | Average: < 10 Days | As Low As $45 To $75 | |
Cash Wire Transfer | $100 | $950 | Average: < 24 Hours | As Low As $26 To $101 |
BetOnline Withdrawal Policy
A couple of notes to make, as far at BetOnline's withdrawal policy goes, are as follows. First, and perhaps most important, is the fact that the address listed on the account will have to match the one being sent to. This is very important to avoid confusion and problems.
It should also be noted though that when requesting a payout, BetOnline says that players are able to get a free payout every 30 days. This applies to the check method only, and must be specifically mentioned when you request your payout.
BetOnline Withdrawal Fees
No one likes to pay fees, regardless of what it's for. But in terms of online sportsbooks, it's pretty standard practice. Of course the nice thing that BetOnline offers is that free payout we mentioned in the policy section above.
It's important to know the fees that come with payouts though, so here we go. A breakdown of the three different check options range in fees from $25 to $50. The standard check is just $25, with the courier set at $35. The ExpressCheck will charge players $50.
When it concerns the electronic options, fees are too far off. A Western Union fee carries a $34 charge for a $100 payout, all the way to a $101 charge for $800 payout. MoneyGram fees vary from $26 - $80. Those interested in a bank wire will pay anywhere from $45 - $75.
BetOnline Withdrawal Limits
The type of payout a player wants could depend on how much they want to withdraw from their account. Therefore, it's important to know the limits on each. And you are in luck, as we have those.
Check limits at bet online are anywhere from $500 up to $2,000. This does not depend on which check is being received, as all checks are grouped with this limit.
Western Union and MoneyGram payouts need to be at least $100, though for the maximum payout a WU transfer can be up $950, while a MG transfer is $150 less at $800.
For a bank wire, the limits are quite high. They are the highest limits of any method, for minimum and maximum payouts. Players must withdraw at least $2,500 here, but cannot exceed $7,500. For big players though, a bank wire can be made every three days, so only a 72-hour waiting period is required in between transactions.
BetOnline Withdrawal Issues + Problems
Players who want to be able to request a payout when it's time should make sure that they meet all of the requirements to join BetOnline Sportsbook to avoid any potential problems problems. This would include that you be able to use their payment methods in the first place. Having a sportsbook account that you cannot get money out of is useless.
Another issue that could be encountered is not providing the correct information during registration. This can complicate matters and it's better to be as accurate as possible when going through the process whenever you sign up at any USA online betting site if you plan on using the account.
Also, identity verification is an issue at this sportsbook but it generally comes up when making deposits instead of withdrawals. If you are asked to provide additional information when requesting payment and you've already verified, contact the cashier and they will be able to sort out the matter.
Betonline Payout Problems
Finally, one common complaint we hear is about the minimums. Know that if you use BetOnline, you are going to need to be able to cash out at least $100. This can be a deal-breaker because most players don't typically deposit $100, at least not when depositing for the first time. This means you will need to win a few bets to stay above the minimum plus pay fees that usually accompany minimum deposits - BetOnline will cover fees for payouts over a certain amount.
Betonline Ag Payouts
This BetOnline Sportsbook review is provided by SportsbookWithdrawals.com and received a 4.6 out of 5 points!