Bet365

Online Sports Book Review

Overall Rating: 4.6/5

Bet365 has been a well known name in the United Kingdom since the early 2000s, and a lot of people were very excited to see it establish an online presence in New Jersey in 2019. The online sportsbook partnered with the Hard Rock Hotel & Casino in Atlantic City to bring its same European site and style to the United States. The site is available to Mac and PC users with a desktop browser version and available to iOS and Android users with both an app and a mobile browser version.

Pros:
  • Live streaming of over 140,000 sporting events each year
  • In-game live betting
  • Cash bonuses on American and Canadian parlays
Cons:
  • Drab website
  • No live news feed
  • Not a great deposit bonus

FAQs

How can I withdraw my winnings? And how long does the withdrawal process take?

To withdraw money from a Bet365 account, users can choose AstroPay, bank wire, cash at the Hard Rock Hotel & Casino in Atlantic City, check in the mail, debit or credit card, Neteller, PayNearMe at a 7-Eleven, PaySafeCard, PayPal, or Skrill. All options take two to five business days except cash which is immediate and a check in the mail which can take up to three weeks.

Are my winnings taxable?

All New Jersey online casino winnings must be reported to the IRS when you complete your annual federal tax return. This is done on Form 1044. You will tally up your total winnings and report them under the “other income” section. The winnings must also be added to your state tax return and are taxed according to your tax bracket.

How do I get started?

The first step for new users will be to create an account. New users are required to provide some personal information including the last four digits of their Social Security number. The site or app will then run a geolocation search to ensure that the user is in New Jersey.

How do I deposit and is there a minimum?

To deposit money into their account, users have a wide variety of different options. They can use AstroPay, bank wire, cash at the Hard Rock Hotel & Casino in Atlantic City, check, debit or credit card, Neteller, PayNearMe at a 7-Eleven, PaySafeCard, PayPal, or Skrill. There is a $10 minimum on all deposits.

Is there a deposit bonus?

There is a 100% match on a first-time deposit of up to $100. However, this match only qualifies for certain wagers, so it is encouraged to read the terms of the agreement before wagering.

Pros

One of the things that makes Bet365 unique is its online live streaming option. As long as a user has a funded account, they can live stream more than 140,000 live events each year. This is a great feature for users who like to place live bets on games and want to keep up with the action while they place wagers. In-game live betting is one of the most featured parts of the Bet365 website. Bet365 offers live betting on hundreds of sporting events daily and has one of the most extensive sports menus on the internet. They, of course, have betting options for all of the major American sports, but they also have odds for snooker, darts, horse and greyhound racing, cricket, cycling, and many other sports. In total, the site has 18 different sports betting options with multiple leagues for most of those sports. There is an incentive for users to bet on North American sports as Bet365 offers a bonus between 5% and 50% on winnings from parlays on Canadian and American sports. These bonuses are placed into a user’s account as cash that can be withdrawn or used on other bets. They even offer a specific tennis bonus which allows users to get a bonus between 5% and 50% for winning bets. Some of the other things that Bet365 does well are their deposit and withdrawal methods. The site has a wide variety of each for their users to select from.

Cons

One of the things currently afflicting the Bet365 site is its overall appearance. It has a green, yellow, and gray color scheme which can appear very drab but also make it tough for some users to differentiate between bets as everything on the site often appears to blend together. There is also no live news feed which is strange for a site that has such an emphasis on live bets and live streaming Having some sort of live news feed would be a big upgrade for the site. Also, the first time deposit bonus is one of the more difficult on the internet in terms of the user actually being able to withdraw their funds. The site offers a 100% match deposit bonus up to $100, but there are strict rules on what kind of bets need to be placed to receive the funds, and all bets need to be placed within 30 days in order to receive the funds. This is different than most of the other New Jersey sites which offer a free play bet upon first deposit.

How To Place A Bet

In order to place a bet, the bettor must determine what they want to gamble on. If the bettor decides to place a bet on the New York Mets moneyline against the Philadelphia Phillies, they simply have to click the moneyline option for that game. Once clicked, the bet will appear on the betslip on the right side of the page. The betslip can hold multiple bets, so a player can choose up to 10 different betting options and place money on them individually or in a parlay, round robin, or teaser bet. Once the bets are placed, the betslip is cleared and the player can place more wagers if they choose to.

How To Deposit Or Withdraw

The first step for new users will be to create an account. New users are required to provide some person information including the last four digits of their Social Security number. The site or app will then run a geolocation search to ensure that the user is in New Jersey.

To deposit money into their account, users have a wide variety of different options. They can use AstroPay, bank wire, cash at the Hard Rock Hotel & Casino in Atlantic City, check, debit or credit card, Neteller, PayNearMe at a 7-Eleven, PaySafeCard, PayPal, or Skrill. There is a $10 minimum on all deposits, and there is a 100% match on a first-time deposit of up to $100. However, this match only qualifies for certain wagers, so it is encouraged to read the terms of the agreement before wagering. To withdraw money from a Bet365 account, users can choose AstroPay, bank wire, cash at the Hard Rock Hotel & Casino in Atlantic City, check in the mail, debit or credit card, Neteller, PayNearMe at a 7-Eleven, PaySafeCard, PayPal, or Skrill. All options take two to five business days except cash which is immediate and a check in the mail which can take up to three weeks.

Conclusion

Bet365 has an expansive selection of sports for their users to bet on and great promotions both daily and weekly. The site does lack some aesthetic appeal with a drab color palette, and they have a difficult first-time deposit bonus. However, the live streaming and emphasis on in-play live betting is a major positive for the site, and, overall, it is a solid option for New Jersey gamblers.

  • Reputation and Licensing: 5/5
  • Game Variety: 5/5
  • Game Quality: 4.5/5
  • Bonuses and Promotions: 4/5
  • Deposits and Withdrawals: 5/5
  • User Experience: 4/5
Overall Rating: 4.6/5