Sportbet Sportsbook Review

Based out of San Jose, Costa Rica, Sportbet has been around since 1996. Having never looked at the site before, it doesn’t even seem like they’ve done a ton of work to their page. It has something of a dated look to it. The blue lettering is thin with a small font and the background is dark. You can always just turn up your screen brightness but its initial presentation doesn’t necessarily make you want to see what there is to offer but if you do, you will find there is plenty to do.

Availability, Currency, and Limits

Sportbet is available to U.S. customers and deals in U.S. dollars, Canadian dollars, and Euros. The minimum bet for the sportsbook is an exceptionally high $50. You can also bet over the phone where the minimum wager for a straight bet is $50. $25 for parlays, teasers, pleasers, and futures. If you like to bet on games already in progress, Live Betting is available and you can also bet from your phone or tablet.

The range of sports to bet on are extremely wide. In addition to all the major sports in America, Sportbet allows you to bet on other games like snooker, darts, cricket, volleyball, wrestling, water polo, handball, bandy, rugby, and the Olympics. The site has comprehensive details about all the different bet types you can make and explain how they work. There is also a betting glossary that encompasses the lingo for all the gambling on the site.

Other Games to Play

Apart from the sportsbook, Sportbet has an exceptional number of other games to play. There is a casino and live casino with hundreds of jackpot slot machines and table games. The minimum bet is $5. They also have a poker room, a racebook, bingo, and you can even play the lottery offering payouts as great as 9,000 to 1.

The racebook allows you to bet on hundreds of tracks around the world for all types of races including harness racing as well as greyhounds. They include all the same exotic wager types you would get in person.

You can bet the major events like the Kentucky Derby, the Preakness Stakes, the Belmont Stakes, and the Breeder’s Cup as well, all of which have a max payout of $100,000 per race.

Betting the harness racing has a $5,000 max payout per race and $2,500 for the greyhounds.
Betting a race on an A Track has a max payout of $30,000 per race. $15,000 for a B Track. $10,000 for a C Track. $7,500 for a D or E Track.

The most special feature of the Poker Room are the rebuy tournaments you can play in for a single penny. Cash games are also available and SportBet also has a section on their website illustrating various unwritten rules of etiquette for newcomers along with the rules of poker, a glossary for the lingo, along with details of each hand ranking.

Bingo can be played for as little as $5 and you can win as much as $10,000 each month. There are multiple bingo rooms to choose from along with different weekly specials being offered.

How to Deposit

Click on the banking center at the top of the homepage to see all deposit and withdrawal methods.

You can use your credit or debit card with a deposit range of $50 to $500. SportBet charges no fee for this and you can do this any time you want.

You can transfer money to SportBet from another sports betting account. SportBet charges no fee but will not pick up any fees the other site may charge. The minimum transfer is $500. Very conveniently, you can also have funds transferred to you from another player’s account. Both of these options are 24/7.

Bitcoin betting is now an option but only available 9 AM to 11 PM every day. You only have to deposit $25 and can put up as much as $10,000 with no fee.

The other 2 options are a person 2 person transfer or a money order. Money orders can be sent from many different merchants starting at $100 and must be $1,000 for SportBet to cover all the fees.

Depending which color option of Person 2 Person you use will allow you to deposit up to $750 and as little as $100. You must deposit upwards of $250 to have SportBet pay for all the fees.

You will have to contact customer support for details for these 2 options if this is how you wish to fund. Note that if you wish to use live chat you can only do so with an account unlike some other sites.

How to Withdraw

All players are entitled to a free payout every 30 days. If you need your money faster than that, there are 5 options.

Bitcoin charges no fee and will pay out $50 up to $10,000. Higher limits may be available upon request.

Bank wires are available starting at $1,000 up to $9,500 with an $80 fee. Note that you cannot use a bank wire as your first withdrawal. If you need to cash out in Canadian dollars or Euros the withdrawal range is $5,000 to $7,500.

To receive a money order payout you must call customer service and the ranges are $1,000-$9,500 and can be turned over in 3 business days. The fee is $80.

A cashier’s check can be issued with a fee of $40-$80. You will receive it via FedEx and the withdrawal ranges are $1,000-$7,500. $3,000 to Canada.

Person 2 Person is also available for withdrawal but has a maximum amount of $350 with fees costing $10-$25.

Promotions and Bonuses

For newcomers as a 1 time offer only, players who deposit $100-$400 will receive a 50% bonus up to $200 in free play. Deposits excess of $400 are entitled to an extra 20% in free play. Deposit up to $2,000 and receive $520 total in free play. There is a 10x rollover. However, every time you reach 10% of the rollover you receive 10% of the free play. In other words, if you deposit $100 you can earn $50 in free play. $150×10=$1,500 total money wagered to receive the complete bonus. Instead of having to wager $1,500 and getting your $50 free play all at once, for every $150 you wager $5 in free play will come in. This unique offer makes SportBet more appealing for those who like to actually use their free play rather than risk losing all their money before they come anywhere close to getting their bonus.

Reload your sportsbook account and receive 20% in match play up to $500. The incremental 10x rollover is the same.

There is also a 50% match play bonus for the casino up to $125. Deposit anywhere from $50-$250 to be eligible. The rollover is 10x. If you reload you will receive 33% up to $100 in match play bonus. Rollover is 5x.

You also have the option of the Super Save Bonus. If you are going to be a super save bettor, use this option and receive a 30% discount on certain lines for football, baseball, basketball, hockey, tennis, and boxing/MMA. Having to only pay -107 instead of the usual -110 will save bettors a lot of money in the long run. There are other promotions pertaining to sports betting that allow you to get lines at -105 with a $500 max bet for all.

Deposit exactly $77 through your credit card or e-wallet and get 77 free shots at the lottery. Make sure to notify customer service you want this promotion applied after you’ve made the deposit.

Use promocode Lotto900 or Lotto9000 to receive up to $25 in lotto free play. The bonus is 5% starting with $100.

If you lose deposit 7 times and lose it all every time with no withdrawals in between, the 8th and 9th deposit will be on the house. The max on the house bonus is $5,000. Outside North America is $500. Your bonus is based on the average deposit amounts you have made. Losses from poker and sports pools are taken out of the equation along with any tips you left in the Live Casino.

There are numerous cash back offerings for the sportsbook, racebook, lotto9000, and all casinos. You can get 20% back in free play twice a year or 15% once a month, 10% every week, or 5% every day. Note that whichever percentage you select, you are no longer eligible for the percentages greater than it.

If you are a sports bettor who likes to buy points, SportBet offers a promotion on buying points that offer excellent payouts when you do a teaser. If there is a line you want at a specific price, this is the promo you will want.

Always be on the lookout for other promos in the poker room or with the mini games and other jackpots as there are new ones coming out all the time. Also, do not forget to tell anyone who joins the site because of you to reference your account name when signing up to put you in line with the 20% referral bonus.