VIP/Rewards Grade: 2/5 Summary: BetOnline has a structured VIP program based on handle.
Updated: Oct 30, 2025
2 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
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What To Know
BetOnline is regulated by your local gaming commission. Regulated sportsbooks provide customer protections that you will not have when using an unregulated sportsbooks or sweepstakes sportsbooks.
BetOnline is unregulated. Unregulated sportsbooks do not provide the same customer proctections that regulated sportsbooks have.
BetOnline is CFTC-Regulated. CFTC-regulated platforms are federally regulated futures markets, which offer different protections than sportsbooks regulated by a state gaming commission.
BetOnline follows a sweepstakes model. Sweepstakes platforms are regulated by the Federal Trade Commission and state sweepstakes laws instead of your jurisdiction's gaming commisison. These protections are less than those provided by a regulated sportsbook, and are designed for traditional sweepstakes, not a sportsbook.
BetOnline is a sportsbook. Sportsbooks, unlike exchanges, act as "The House" and often have more vig than a betting exchange.
BetOnline is an exchange. Exchanges often offer better odds than a traditional sportsbook, do not limit players, and are matched betting friendly.
BetOnline is a P2P/Marketplace. P2P/Marketplace betting platforms often operate like a Betting Exchange. There might be minor differences, such as commission and fee structure.
BetOnline is an Prediction Market. Prediction markets work like a stock market, but instead of trading shares, you’re buying and selling contracts based on future events, from sports to weather to elections.
In some states BetOnline operates as a betting exchange, and others they operate as a sportsbook. In both situations BetOnline will not limit bettors.
BetOnline is "Player Friendly". Player friendly sportsbooks/exchanges do not enact limits on players making them perfect for matched betting.
BetOnline is "Slower-to-Limit". Slower-to-Limit sportsbooks take longer than average to enact limits on winning bettors.
BetOnline is "Quick-to-Limit". Quick-to-Limit sportsbooks enact limits signifcantly faster than your average sportsbook. If you show signs of being a winning bettor, limits will quickly follow.
BetOnline has high limits. Sportsbooks with higher limits are useful for generating VIP status and hedging large promotions.
BetOnline has low limits. Sportsbooks with lower limits are can make hedging larger promootions, such as those assocaited with VIP status, difficult.
BetOnline seems to be more likely than other sportsbooks to limit bettors after a withdraw. Avoid withdraws from BetOnline as much as possible.
BetOnline is an online sportsbook and casino that began operating in 2001. It offers betting on a wide range of sports, including football, basketball, baseball, hockey, soccer, and combat sports, as well as non-sporting events such as politics and entertainment. The platform also features an online casino, poker room, and racebook. BetOnline supports deposits and withdrawals through credit cards, and a variety of cryptocurrencies including Bitcoin, Ethereum, and Litecoin.
The company is based in Panama and operates under an offshore license, which allows it to serve U.S. customers. Its website and mobile platform provide standard sportsbook functions such as live betting, early cash-outs, and prop wagers. BetOnline also runs frequent promotions, deposit bonuses, and reload offers that vary by product type. While not regulated by any U.S. state authority, it continues to market directly to American bettors as part of the offshore sports betting market.
Notes Before Signing Up
Double check, and make sure you understand the rollover requirements for any deposit matches.
BetOnline has restrictions on Free Bets that reduces their value from the typical 70% to ~50%.
Football, Basketball, Soccer & Tennis Free Bets can only be used on spreads and totals to max odds of +150.
Baseball and Hockey Free Bets can only be used on Moneylines and Totals to max odds of +150.
Baseball and Hockey Free Bets are restricted to a maximum wager of $500 per event.
Golf Free Bets can only be used on Moneyline match-ups to max odds of +150.
MMA and Boxing Free Bets can only be used on Moneylines to max odds of -200 for the favorite and +150 for the underdog.
NASCAR Free Bets can only be used on Moneyline match-ups to max odds of +150.
Rebets are not permitted with the use of Free Bets.
Free Bets cannot be used on futures, props, Live, parlays, teasers or If Bets.
Free Bets lose when a push or tie results.
Free Bets and bonuses expire in 30 days. Any unused free bets at the 30 day mark will disappear from your account.
Free Bets can only be wagered online via the website or the mobile site. Free Bets wagers cannot be made through the Call Center.
Only the Free Bets winnings get added to your account balance. The value of the Free Bet is not included.
The maximum winnings from any single wagered Free Bets bonus is $5,000 or $5,000 cumulative from multiple Free Bets bonus wagers from the same bonus.
Free Bets not allowed on Contests.
Unique Terminology
Free Bets = Bonus Bets
Signup Offers
$250 Deposit Match
50% Deposit Match in Bonus Bets up to $250 on a $500 deposit
Notes: Verify the promo code for the 50% deposit match is applied before making your first deposit.
BetOnline has restrictions on using Free Bets that reduces their value to ~50%. Learn more in our BetOnline review.
Football, Basketball, Soccer & Tennis Free Bets can only be used on spreads and totals to max odds of +150.
Baseball and Hockey Free Bets can only be used on Moneylines and Totals to max odds of +150.
Baseball and Hockey Free Bets are restricted to a maximum wager of $500 per event.
MMA Free Bets can only be used on Moneylines to max odds of -200 for the favorite and +150 for the underdog.
Available in: Offshore
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MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Available Locations
BetOnline is available in the following locations.
BetOnline is an online sportsbook and casino that began operating in 2001. It offers betting on a wide range of sports, including football, basketball, baseball, hockey, soccer, and combat sports, as well as non-sporting events such as politics and entertainment. The platform also features an online casino, poker room, and racebook. BetOnline supports deposits and withdrawals through credit cards, and a variety of cryptocurrencies including Bitcoin, Ethereum, and Litecoin.
The company is based in Panama and operates under an offshore license, which allows it to serve U.S. customers. Its website and mobile platform provide standard sportsbook functions such as live betting, early cash-outs, and prop wagers. BetOnline also runs frequent promotions, deposit bonuses, and reload offers that vary by product type. While not regulated by any U.S. state authority, it continues to market directly to American bettors as part of the offshore sports betting market.
Notes Before Signing Up
Double check, and make sure you understand the rollover requirements for any deposit matches.
BetOnline has restrictions on Free Bets that reduces their value from the typical 70% to ~50%.
Football, Basketball, Soccer & Tennis Free Bets can only be used on spreads and totals to max odds of +150.
Baseball and Hockey Free Bets can only be used on Moneylines and Totals to max odds of +150.
Baseball and Hockey Free Bets are restricted to a maximum wager of $500 per event.
Golf Free Bets can only be used on Moneyline match-ups to max odds of +150.
MMA and Boxing Free Bets can only be used on Moneylines to max odds of -200 for the favorite and +150 for the underdog.
NASCAR Free Bets can only be used on Moneyline match-ups to max odds of +150.
Rebets are not permitted with the use of Free Bets.
Free Bets cannot be used on futures, props, Live, parlays, teasers or If Bets.
Free Bets lose when a push or tie results.
Free Bets and bonuses expire in 30 days. Any unused free bets at the 30 day mark will disappear from your account.
Free Bets can only be wagered online via the website or the mobile site. Free Bets wagers cannot be made through the Call Center.
Only the Free Bets winnings get added to your account balance. The value of the Free Bet is not included.
The maximum winnings from any single wagered Free Bets bonus is $5,000 or $5,000 cumulative from multiple Free Bets bonus wagers from the same bonus.
Free Bets not allowed on Contests.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
