BetNow Bookmaker History And License
BetNow has been in the industry for less than ten years. The site is originated in Curacao which is known for its traditionally lax policies on setting up gaming licenses. They are promoted by the site Covers.com and feature heavy advertisement on what is one of the web’s biggest gambling resources.
They also have a recommendation from the Off Shore Gaming Association (OSGA), a site that ranks online sportsbooks. Still, any book that has less than three years of operation always carries a significant risk not to mention greasing the palms of some ranking sites can help any book obtain a positive review.
The sportsbook does cater to American players and they also accept Bitcoin. Being a newly developed site they have also integrated a mobile betting platform. These features alone may offer enough reward to take a risk on BetNow.
Newer companies such as BetNow are always going to be hit or miss mostly due to the fact that the feedback from players can be minimal. It takes a lot for a person to switch from their reliable online sportsbook to a newcomer in the industry (insane deposit bonuses usually help in that decision).
One of the most prominent early complaints about BetNow is that they are invasive. If you sign up for the site expect to get flooded with emails and even calls to your home phone. Maybe they have waned on that a bit now that they have become more established and don’t absolutely need to have the incessant marketing. Customers have reported waiting up to three weeks for a $750 payout even though they were verified which seems kind of frustrating.
At first glance, the bonus details from BetNow seem elite. They offer a 50% match on your sign up bonus up to $1,000. This is very indicative of a newer sportsbook offering incentive for players to give their site a try. Reload bonuses include a 50% free play and the refer-a-friend program allows you to gain up to $250 for recruiting members. The rollover on the sign-up bonuses is 8X but another interesting aspect of BetNow is that you must make at least 16 wagers of $10 or more per month to keep your account active. If your account goes inactive, you forfeit your bonus.
BetNow Deposits And Withdrawals
The bookie offers deposits. The bookie also accepts the pre-paid gift cards that are predominantly found in convenience stores. The minimum deposit is $20 for most options. Bitcoin has a large $40k limit and bank wires can be made up to $50,000.
Direct deposit and Bitcoin withdrawals offer minimal withdrawal processing fees but all the other methods will take a considerable chunk out of your profits. The time frame is another issue. The industry standard for checks to clear is about two weeks but BetNow takes up to 24 days. Even Moneygram payouts take up to 72 hours which is very much on the high side. Bitcoin withdrawals seem to be the fastest way to get your money from BetNow.