SportBet Sportsbook Review
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Sportbet is an online sportsbook and part of the 5Dimes Group, which caters mainly to sports bettors based in the United States. In addition to a full service sportsbook, Sportbet offers an online casino, an online racebook, lottery games and a poker room.
Sportbet is located in Costa Rica and has a large customer service staff. Established in 1997, they have a long history in the offshore gambling business. They are listed as a top sportsbook on the OSGA’s (Offshore Gaming Association) site and have a faultless reputation with bettors across the internet. As part of the 5Dimes Group, one of the most prestigious gaming companies in existence, bettors can rest assured player balances are safe, and payouts will be processed in a timely matter.
- US Players: Yes
- Site founded: 1997
- License: Costa Rica
- Bonus: 50% up to $500
- Bonus Rollover: 1x-2x
- Last Updated: 03/11/2015
- Mobile Compatible: No
- Payment Methods: Visa, Money Order, Check, MoneyGram, Western Union
- Open to bettors in the US
- Offers reduced juice line
- Accepts MasterCard and Visa deposits
- US facing sportsbook
- Owned and operated by the 5Dimes group
- Site is ugly and not mobile responsive
- Better US options available
Sportbet has an absolutely enormous amount of wagering options for players. All the leading American sports are available, such as Football, Basketball, Baseball and Hockey. However, there are also a ton of other betting markets for a predominantly US facing site. It offers over two dozen soccer leagues and international soccer. Other sports offered are Golf, Tennis, Motor Racing, Mixed Martial Arts, Boxing, Aussie Rules, Rugby, Cricket and Volleyball.
Sportbet offers lines earlier than most other sites and has an extensive array of future bets. Wager types include parlays, teasers, if bets and action reverses. Props are also abundant, especially for NFL wagering. The site uses a system of check boxes when placing bets so it is extremely easy to tie bets together for parlay and teaser betting.
Like their sister sportsbook 5Dimes, Sportbet offers -105 pricing instead of the regular -110 vig that most online betting sites charge. Paying less juice on every bet is a substantial advantage for sports bettors, and will save them thousands a year in betting fees.
The ability to bet live during each commercial break is available for games every night. Nationally televised games from nearly all the major sports will be available, and will have a variety of betting options, such as live money line odds, which team will score next, the type of score and many more bets. This bookie is truly a live bettor’s dream come true.
Sportbet offers a 50% free play bonus to newly depositing players up to $500. They also offer a number of other bonus and reward programs from cash back programs, free payouts rewards and more. Frequent reload bonuses are offered for existing clients, so active players aren’t left out in the cold for bonuses after their initial bonus. Also, offered is a refer a friend bonus, which existing players can earn up to $200 per friend that they refer.
Takes Action from Pros and Casual Gamblers Alike
Sportbet offers tons of betting options for both bettors who bet big and small time gamblers. Wagering limits can be as be as high as $5,000 on sides and totals in major sports, and as low as $50 on some exotic propositions. However, bettors can place the same wagers after the limit resets or the line moves, so the amount wagered on certain sports can be much higher. Sportbet is certainly not afraid to take big money action, but also caters to the $100 a game player who enjoys high odds bets and lots of exotics.
Sportbet offers some of the best customer service in the offshore gambling industry. They provide 24/7 support and three phone separate lines for both sports wagering and customer service. Live chat is actually available 24 hours a day, and they have email customer service, as well. Their service representatives are expertly trained, and they’ll do their best to resolve any issues as quickly as possible.
Cashier and Banking Options
Deposit options are plentiful, and bettors will have no problem getting money online to bet. E-wallets are recommended for international depositors, as they are instant payment methods and hassle free.
The most popular options for US bettors are credit cards and person to person transfer. Credit cards are instant, and there are no fees for the transaction. However, a player’s bank may charge them a fee for an international credit card transaction. The min deposit is $50, and the max is $500.
Person to person transactions are sent via Western Union or MoneyGram, and take a few hours to be credited to your account. These can be sent online or at thousands of locations across the United States. The min deposit for this method is $100, and the max is $2500. The deposits fees can be hefty for this method, but Sportbet will cover fees deposit fees for deposits of $250 or more. Other deposit methods include sportsbook transfer and cashier’s check/money order – which has no deposit limit.
Withdrawal options are also vast for players. Each player is entitled to one free withdrawal within a 30 day period, with subsequent withdrawals being subject to fees.
US players have several options, as well. The most popular amongst players is paper check, which takes 7-10 business days via FedEx. These come with a $1,000 min and a $3,000 max per check. Person to person transfers are also an option for payout and are the fastest current withdrawal method. This method is usually processed between 24-48 hours, and has min and max withdrawal of $100 and $450, respectively. Fees can be large when withdrawing using this method, and can range from $60 to $110, depending on the amount requested.
There isn’t much not to like at Sportbet; they’ve got more selections and options than most sites and are still servicing US players when many other bookmaker have left the market. It’s hard to ask for more than a reputable online sportsbook with a decade of experience and an industry leading customer service staff and cashier.