Expert Overview of BetOnline
Despite undergoing a bumpy beginning, BetOnline has since become one of the biggest success stories in the world of U.S. online poker over the last five years. With fast payments and great traffic, they should now be at the top of your list among U.S. facing poker rooms.
BetOnline Poker Summary
BetOnline was founded in 2004. The group operated in relative obscurity until a massive marketing push in 2011 brought them into the spotlight. This marketing also included a newly opened poker room on the Action Poker Network. Until BetOnline joined them, Action Poker did not accept U.S. players. The network was renamed the Chico Poker Network after BetOnline poker joined it. BetOnline and Sportsbetting.ag are the only U.S. friendly poker rooms on the network.
BetOnline has exploded in recent years. It is now the third largest site that accepts U.S. players. It averages 575 players at any given time, according to PokerScout.
The current BetOnline poker company is not related to the failed sports book that operated under the same name in the late 90’s. The new BetOnline is completely different. It is so popular that it receives many mentions in the mainstream media.
A Personal Opinion on BetOnline
What we like about BetOnline Poker
The player pool is very weak. Any experienced player should be able to crush the cash games and tournaments. There are a few promotions that appeal to lower limit players. The first deposit bonus is one of the best ones available to U.S. players. It clears at a rate of 33% rakeback. Cashout speeds are fast to players throughout the world.
What we do not like about BetOnline Poker
There is no VIP program. The soft player pool offsets this though. Players only receive a $50 withdrawal fee credit once per month and it must be requested on Friday. Bitcoin deposits have a 6% fee, while withdrawals have a 2% fee.
What Players are Saying about BetOnline
In their early days, BetOnline was hardly a model for how to operate an online poker room. They changed significantly for the better and they have done so for long enough period of time that we feel good about recommending the poker room. Still, some players who remember the old BetOnline poker still harbor negative feelings.
Today, players have positive things to say about BetOnline’s payment processing and juicy games, while being critics of the software and lack of player rewards program.
“I have played MTTs online for years and have decided that Betonline is the best run Poker Site for Rec. Mtt Players by far.”
“The client is 10x better than the previous version.”
“The site was super soft when I played on it.”
Just because a poker room has a clean record, doesn’t mean there can’t be issues in the future. If you have a problem or know about a problem with BetOnline, please let us know about it.
BetOnline Deposits and Withdrawals
BetOnline’s payment processing is one of the best aspects of the BetOnline poker room, consistently receiving a cashout grade of A in our monthly reports.
Making a Deposit
For deposits, players have a variety of credit card and money transfer options as well as Bitcoin and bank wire transfers. Bitcoin remains the easiest way to deposit instantly on the site. BetOnline also has a high acceptance rate for credit cards, including Visa, Mastercard and American Express. They also accept Bitcoin.
Making a Withdrawal
For withdrawals, players can expect cashout in as little as 1 day with Bitcoin, making this option the preferable for withdrawals as well. BetOnline also mails checks to U.S. players, which are generally received in 1-2 weeks. Cash transfer services offer a maximum amount of $500 with transfers in 1-2 days. The fees for withdrawals are as follows:
- Check: $50
- Western Union: $50
- Bitcoin: 2% of withdrawal request
Players outside the U.S. can deposit by Neteller or Skrill. Note that players outside the U.S. will be charged a $20 fee to withdraw to ewallets.
BetOnline Poker Safety
BetOnline has emerged over the last few years as one of the most reliable online poker rooms accepting United States players. This wasn’t really the case 5 years ago, as players reported various problems.
In what has been one of the greatest comeback stories of the last 5 years, they have since turned their operations around and today thousands of players confidently play on the poker room. We see BetOnline as safe due to their growing player base and quick payouts, which are now among the best in the industry.
Why is BetOnline Legit?
BetOnline is essentially a self-regulated online poker room and sportsbook. That in itself does give players pause, but BetOnline has proven in recent years that it is legit, as they want to do the right thing. As a result, they have earned the trust of players from the United States and around the world.
BetOnline Deposit Bonus
100% up to $2,500
- 60 Days to earn
- 33% rakeback clear rate
- Email BetOnline to claim
BetOnline offers a 100% up to $2,500 first deposit bonus. It releases in $5 increments after 1500 in comp points are earned, which is the equivalent of raking $15 (100 Comp Points per $1 of rake).
The bonus is not an automatic process so after your first deposit is made, make sure to email firstname.lastname@example.org to receive your bonus. Players have 60 days to clear the BetOnline poker bonus.
You will also receive entry to a $5,000 New Player Freeroll on a first deposit.
BetOnline Poker Promotions
BetOnline poker does not offer any poker VIP program. Player points may be used to enter freerolls and satellites.
Even though BetOnline does not offer a VIP program, they do offer a respectable amount of promotions that is greater than Ignition but falls short of the Winning Poker Network.
BetOnline offers up to $100k in tournament guarantees each weekend. In addition, BetOnline also offers players $10-$100 freerolls every hour.
BetOnline offers a variety of leaderboards regardless of the type of games you like to play, whether it be cash games, MTTs or SNGs:
$10,000 Weekly Cash Race
$10,000 in awarded in each week to cash game players over three levels: $0.10/$0.25-$0.50/$1.00 (Bronze), $1/$2-$2/$4 (Silver) and $3/$6-$5/$10 (Gold)
Each week, $5,000 will be awarded to BetOnline poker tournament players over three buy-in levels: $0.05 to $1.99, $2 to $19.99 and $20 and above.
Awarding $5,000 each week to the top BetOnline Sit N Go players over three buy-in levels: $0.05 to $1.99, $2 to $19.99 and $20 and above.
Bad Beat Jackpot
If you have four jacks or higher lose and meet other criteria, your table will share at least $100,000 in cash at BetOnline’s Bad Beat Jackpot. It’s one of the most difficult jackpots in online poker to hit but when it does, you’ll be rewarded handsomely.
- Third largest U.S. facing poker room with growing traffic.
- Excellent and consistent payment processing.
- Relatively juicy games.
BetOnline Game Selection
The only constant action at BetOnline poker is micro No Limit Texas Hold’em. There is regular action up to 5/10 blinds. Most of it is at 6-max tables. Fixed Limit Hold’em action is nonexistent.
Pot Limit Omaha action may be found 24 hours a day. There is ample action up to 1/2 blinds with some extra tables at 2/4 during busy times. Six-max tables are the most common. There is some micro-stake Pot Limit Omaha High/Low action most hours of the day. The software does not spread any games besides Texas Hold’em and Omaha.
BetOnline poker spreads more than $250,000 in guaranteed tournaments each week. The biggest are spread on weekends. There is a $22 No Limit Texas Hold’em tournament with a $10k guaranteed prize pool every Saturday at 7pm ET and Sunday at 6pm ET. There is a $50,000 guaranteed tournament every Sunday with a buy-in of $99.
Sit and gos starting at pennies up to $11 run nearly 24 hours a day. Most are No Limit Texas Hold’em, although a handful are Pot Limit Omaha, although 32 Card Draw, Americana and 7 Card stud are available.
- No Limit Hold’em
- Fixed Limit Hold’em
- Pot Limit Omaha
- Pot Limit Omaha Hi/Lo
- Other Games
0.01 / 0.020.02 / 0.040.05 / 0.100.10 / 0.250.25 / 0.500.50 / 1.001 / 22 / 43 / 64 / 85 / 10
0.05 / 0.100.10 / 0.250.25 / 0.500.50 / 1.001 / 21.50 / 3
0.01 / 0.020.05 / 0.100.10 / 0.250.25 / 0.500.50 / 1.001 / 21.50 / 32 / 43 / 64 / 85 / 10
0.05 / 0.100.10 / 0.250.25 / 0.500.50 / 1.001 / 21.50 / 32 / 4
0.10 / 0.201 / 22 / 4
Pot Limit Hold’emLimit Omaha Hi/LoNL AmericanaNL 32 Card Draw
Has There Ever Been a Scandal at BetOnline?
There have been dozens of scandals at BetOnline involving big winners being accused of cheating in one way or another. Some of these players convinced BetOnline to pay them by taking the issue public. All of these issues happened in 2011 and 2012. There have been no issues reported since then. BetOnline appears to have cleaned up its act. It has been more than four years since the last legitimate player complaint at BetOnline.
BetOnline was not honest about their connection to the Action Poker Network when they first launched. The company claimed that they were a member of the new Hero Poker Network. This is not to be confused with the legitimate Merge Gaming skin known as Hero Poker.
It was discovered quickly that BetOnline was actually on Action Poker, later renamed Chico Poker. Not only did they deny the connection, they failed to prevent players from being able to log into BetOnline and Action Poker and sit at the same table at the same time. Action Poker and their skins do not accept U.S. players but players outside the U.S. could log into Action Poker or a skin and sit at the same online poker table as their username at BetOnline. This is a recipe for collusion.
Action Poker has been plagued with problems ever since the Unlawful Internet Gambling Enforcement Act came into law in the U.S. The network was left with a handful of loyal Canadian players and failed to peak at 100 players on most days. Late payments to players and affiliates gave the network a bad reputation.
The network attempted to enter the rake free poker model with their skin PayNoRake. Players that raked $100 in a day would get 100% rakeback. The problem was that there were not enough games for players to reach this goal. The addition of BetOnline into the network added much needed stability.
All of the network issues seem to have been resolved. This all happened more than five years ago. The quality of BetOnline has improved drastically since then. That is why we now recommend BetOnline poker. The site got past its growing pains.
- 100% up to $2,500 sign-up bonus is one of the largest available to US players.
What poker network is BetOnline on?
BetOnline is a member of the Chico Poker Network.
What states are banned at BetOnline?
How do I deposit at BetOnline?
BetOnline accepts Bitcoin, Visa, Mastercard, American Express, cash transfers, Skrill and Neteller for deposits.
Is there rakeback at BetOnline?
What is the BetOnline Poker Bonus?
How do I withdraw from BetOnline?
Bitcoin offers checks, Bitcoin and cash transfers as withdrawal options. Non-US players can withdraw from Skrill, Neteller and other options.
Is there a fee for using Bitcoin at BetOnline?
There is a 6% fee when depositing by Bitcoin. BetOnline charges a 2% fee on Bitcoin withdrawals.
Are there free withdrawals at BetOnline?
BetOnline offers players one free withdrawal per month. The maximum fee discount is $50. That amount is applied to any withdrawal with a higher fee.