How did we find DraftKings and BetOnline’s sportsbook overall? Well, BetOnline emerges as the recommended choice. DraftKings excels in terms of safety and regulation, holding licenses from reputable authorities and prioritizing responsible gambling. Their bonuses and promotions are more diverse and transparent, providing additional value and excitement.
However, BetOnline offers a wider range of markets and sports, including niche and international options, ensuring a comprehensive betting experience. They also provide a variety of bet types to cater to different preferences. In terms of payment methods, BetOnline offers more flexibility and convenience, supporting various options beyond the standard ones, including cryptocurrencies.
BetOnline is also more well-stablished in the industry, having been setup in 1994. It is an offshore sportsbook, which may raise concerns to some players that prioritize safety. However, it is licensed and regulated in Panama. Its offshore license also means you can access BetOnline from anywhere in the US, whereas the availability of the DraftKings Sportsbook is heavily influenced by location.
When it comes to sports betting, exploring the key differences between different sites, such as BetOnline and DraftKings, is prudent. This online sportsbook comparisons article will delve into a balanced comparison, shedding light on various aspects of both sportsbooks, allowing you to make an informed decision based on their features, offerings, and user experience.
If you want to choose between BetOnline and DraftKings sportsbooks, this article presents a fair and unbiased analysis. Examining factors like features, offerings, and user experience, it equips you with the necessary insights to make an informed decision, without any bias, before you explore our BetOnline review and DraftKings sportsbook review.
| BetOnline Sportsbook | DraftKings Sportsbook | |
|---|---|---|
| Welcome Bonus | 50% up to $1,000 on the first deposit. | Up to $200 in bonus bets |
| Wagering requirement | 10x | N/A (no rollover) |
| Launch year | 2001 | 2012 |
| Rating | ||
| Best for | One of the best US sportsbooks, offering competitive odds, massive bonuses, secure payments, and a brilliant mobile app. | Great for those looking for daily fantasy sports, a user-friendly platform, and an intuitive mobile app as well as great odds on various sports. |
| Minimum deposit | $20 | $5 |
| Mobile betting | Yes | Yes |
| Live streaming | Yes | Yes |
| eSports betting | Yes | Yes |
| Sports available | 30+ | 20+ |
| Deposit methods | Wire transfer, money order, credit and debit cards, USD coin, Bitcoin cash, Bitcoin | e-wallets, bank transfers, paper checks, prepaid cards, VIP Preferred, Venmo |
| Withdrawal methods | Bitcoin, USD coin, wire transfer, money order, person-to-person, check by courier | Online banking, VIP Preferred, PayPal, Venmo, Play + prepaid card, check |
| Security | ||
| Odds | ||
| Customer service |
BetOnline is one of the best online sportsbooks for American players. Here are other highly rated options for online wagering that are available in the United States.
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125% up to $3,125 475 21
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50% up to $1,000 312 23
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50% up to $250 112 15When comparing BetOnline and DraftKings sportsbooks, several crucial aspects come into play, including security, safety, regulation, license, and public opinion. Both sportsbooks operate under different licenses and have varying levels of public perception.
DraftKings launched in 2012 as a daily fantasy sports provider before expanding into the realm of sports betting. It is licensed and regulated by multiple reputable authorities across the US and beyond, and adheres to each of the state gambling age restrictions that it is licensed in. In terms of security and safety, DraftKings holds a strong reputation due to its stringent compliance and robust security measures.
On the other hand, BetOnline, launched in 2001, has faced mixed opinions from the public. While it holds a license from Panama, some users have expressed concerns about the transparency and accountability of the sportsbook. However, the operator’s experience and ability to have maintained a market leading position in the US for over twenty years prove to use that it is a safe and trusted option.
Moreover, DraftKings, being licensed by prominent authorities according to US state gambling laws, is subject to strict regulations, audits, and compliance checks on a state-by-state basis. This provides users with an added layer of trust and confidence in the platform, but does limit the places in which it is available. BetOnline, operating under the license from Panama, is accessible state-wide.
DraftKings offers all new sportsbook users up to $200 in sportsbook bets. No bonus code is required, and the minimum deposit limit for the bonus is just $5. And the best part: there are no rollover requirements. This arguably makes the DraftKings welcome bonus one of the top promotions for casual players and low-rollers that are looking to have fun on a budget.
However, for anyone wanting to significantly increase the size of their bankroll, the BetOnline welcome bonus is far superior. It provides a bonus of 50% up to $1,000 for new sportsbook users. This means if you deposit $2,000, you can get a $1,000 bonus and take your total bankroll to $3,000 instantly. The bonus code “BET1000” is required to claim the offer, and the minimum deposit limit is $55.
Winner: BetOnline
DraftKings offers a range of exciting bonuses beyond the welcome offer. They provide regular promotions like free bet rewards, odds boosts, parlay insurance, and profit boosts, giving you more value for your wagers. Additionally, DraftKings offers special promotions tied to specific sports events, such as enhanced odds for major tournaments or cashback offers.
BetOnline also offers various bonuses for sports betting enthusiasts. However, they all tend to be deposit bonuses, such as a 25% reload bonus of a 100% match on your first cryptocurrency deposit. Considering this, DraftKings stands out as the better choice. They have a wider variety of bonuses, including special event promotions, which BetOnline lacks.
Winner: DraftKings Sportsbook
DraftKings boasts an extensive selection of sports, providing a comprehensive betting experience. They cover major sports like football, basketball, baseball, soccer, hockey, and tennis, along with a variety of niche sports like MMA, cycling, and cricket. DraftKings also offers a wide range of international sports, ensuring a global reach. Their diverse sports portfolio caters to a wide range of interests, making it a go-to platform for sports enthusiasts.
BetOnline also offers a wide range of sports markets to cater to various interests. They cover popular wagers like football, basketball sports betting options, baseball, soccer bets, and tennis, as well as niche sports like darts, snooker, and table tennis. As an offshore sportsbook, they also offer US players exclusive bets that are unavailable on state-licensed sites lite DraftKings. For example, you can bet on eSports, entertainment, politics, and college sports more freely.
To summarize, while DraftKings covers a decent range of sports, BetOnline offers a wider variety, including more niche, international, and novelty options. If you’re looking for a broader selection and a diverse range of sports to bet on, BetOnline is the recommended choice. It’s a top-notch sportsbook for tennis, soccer, football, baseball, and more.
Winner: BetOnline
BetOnline offers live betting options, allowing you to place wagers on ongoing sporting events. They provide real-time odds and and up-to-date game states on their a user-friendly interface for live betting. However, BetOnline doesn’t offer live streaming services, which means you won’t have access to live video feeds of the events you’re betting on.
DraftKings, on the other hand, provides a wide range of live betting markets and live streaming services for select events, enabling you to watch the action unfold in real-time at one of the best real money sportsbooks. This combination of live betting and live streaming enhances the overall experience and brings you closer to the sports you love.
Winner: DraftKings Sportsbook
DraftKings offers a wide range of bet types to cater to different preferences. They provide popular options like moneyline, point spread, and over/under bets, as well as more advanced options like parlays, teasers, and prop bets. The odds on DraftKings are generally competitive and fair, keeping in line with industry standards. The odds offered are fair and reflective of the underlying probabilities.
BetOnline also offers a variety of bet types, including standard options like moneyline, point spread, and totals, as well as more specialized bets like futures and player props. And while the bet types available are decent, their odds are event better. Although there are variations between sports, we found the odds for almost all events more favorable at BetOnline compared to DraftKings.
The only feature that BetOnline is missing is the option to cash in your bets early. DraftKings is notable for being one of our top cash out sportsbooks—if this is important to you, opt for this provider. However, in general, BetOnline is superior in its selections and odds.
Winner: BetOnline
When it comes to user experience, BetOnline tends to have an edge over DraftKings. DraftKings features a modern and visually appealing design that is user-friendly and intuitive. Their platform is well-organized, making it easy to navigate through the different sections and find the desired markets.
However, BetOnline – while initially looking slightly more outdated – has a much simpler setup, making it even easier for you to find wagers and place your bets. BetOnline also offers a functional platform and is a reduced juice sportsbook site and web-based app. Both platforms are identical, with the mobile site simply optimized for smaller screens. This makes for seamless transitions between both the mobile and desktop platforms for effortless betting wherever you are.
Winner: BetOnline
DraftKings has one of the best mobile sports apps for both iOS and Android platforms, ensuring compatibility with a wide range of devices. The mobile interface of DraftKings is user-friendly and optimized for smaller screens, allowing for easy navigation and quick bet placements. DraftKings also includes mobile-specific features like live betting and streaming, enhancing the overall experience.
However, you need to download the app to your phone before you can start placing wagers. It takes up valuable storage space on your device and it only compatible if you have the latest software updates. Moreover, DraftKings has separate apps for their sportsbook, casino, and DFS platforms. If you’re interested in all three types of betting, the storage required is quite substantial
In comparison, while BetOnline doesn’t offer a downloadable app, there is a mobile version of their website. This offers the same functionality and usability as DraftKings’s downloadable applications, only it doesn’t require storage space nor the latest updates. It also allows for instant wagering wherever you are, as opposed to waiting until you’re on Wi-Fi to initiate an app download.
Winner: BetOnline
When comparing the deposit and withdrawal options of BetOnline and DraftKings, BetOnline tends to offer a more favorable experience. It supports various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, allowing for secure and anonymous transactions. In fact, it is one of the best crypto sports betting sites. DraftKings, unfortunately, does not currently accept cryptocurrencies as a payment method.
If you’re not a fan of crypto, FIAT paymeny options are available instead. Both platforms support major payment methods such as credit/debit cards and bank transfers. However, DraftKings goes a step further by accepting additional payment options, including prepaid cards, PayPal, and ACH transfers, providing users with more flexibility. Still, if we had to choose between these additional FIAT payment options and crypto, we’d choose the latter.
One thing that DraftKings does excel in is its deposit and withdrawal limits. While BetOnline has a minimum deposit limit of $20, DraftKings allows $5 with some methods, making it our recommended low minimum deposit betting sites. In terms of maximum withdrawal limits, BetOnline imposes a cap of $100,000 per month, whereas DraftKings offers higher limits, allowing for larger withdrawals.
In terms of withdrawal times, however, BetOnline shones. The website states that average processing time is around 48 hours for crypto, which is relatively standard in the industry. However, we made three separate crypto withdrawals and received our winnings in less than 1 hour on all three occasions. DraftKings, on the other hand, typically processes withdrawals within a few business days.
Overall, while both platforms offer reasonable deposit and withdrawal options, BetOnline provides advantages in terms of cryptocurrencies and paying out your hard-earned winnings at record speed. DraftKings does have the perks of eWallets and wider payment limits, but the advantages of BetOnline still leave it standing ahead.
Winner: BetOnline
What about customer service options? Well, both offer a comprehensive and accessible support system. Both sportsbooks provide 24/7 customer support through various channels, including live chat, email, and telephone support. The live chat is available round the clock, ensuring immediate assistance for any queries or concerns.
However, we found DraftKing’s customer support to be below par, with far slower response times. Comparatively, BetOnline tended to have shorter waiting times and quicker response rates, ensuring prompt resolution of customer inquiries. The availability and responsiveness of BetOnline’s customer service options contribute to a more satisfying and reliable user experience.
Winner: BetOnline
DraftKings was established in 2012 and holds licenses from reputable gaming authorities across the United States. They prioritize responsible gambling and offer tools such as deposit limits, time limits, and self-exclusion options to promote responsible play.
DraftKings also employs secure encryption technology to protect user data and transactions. The fairness of their bonuses is ensured through transparent terms and conditions, providing a clear understanding of wagering requirements. Public opinion generally reflects a positive sentiment towards DraftKings, further highlighting their credibility.
Panama-licensed BetOnline, while having faced some controversies that have raised concerns about their overall safety standards, has been around for longer since 2001. The iGaming market in the USA is extremely competitive, so for a sportsbook to survive for over twenty years in such a competitive environment shows the site must be doing something right. In general, it has a steller reputation.
BetOnline also employs the latest SSL encryption technology and offers secure payment options that DraftKings lacks, such as cryptocurrencies. It’s also among our top offshore sports betting sites, operating under free reign in most US states—a luxury that DraftKings cannot provide due to its state-licensed position in the market.
Winner: BetOnline
BetOnline is the better choice between BetOnline and DraftKings. With its comprehensive sports offerings, more competitive odds, user-friendly interface, and availability in almost all US states, BetOnline is one of the safest online sportsbooks and provides a more satisfying sports betting experience.
DraftKings is legal and licensed to operate in multiple U.S. states, including but not limited to Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia. The legal status in other states may change, so it’s essential to consult our US gambling by state guide for up to date information.
A DFS betting site, such as DraftKings, is a platform that offers daily fantasy sports contests. In DFS, players create virtual lineups using real-world athletes and compete against others based on the statistical performance of those athletes in actual sporting events.
Unlike a typical online sportsbook, DFS focuses on skill-based contests rather than traditional sports betting, where outcomes depend on the performance of a team or individual. DraftKings provides a platform for users to participate in DFS contests and win prizes based on their skill in assembling successful line-ups alongside conventional sports betting options.
Yes, BetOnline is a trustworthy sportsbook. It has faced some controversies over the years, but it is fully licensed and regulated and has been serving the competitive US market for more than two decades. Read our online sportsbook reviews to learn more.
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