First things first, the reviews of BetNow.eu on the web aren’t exactly gleaming. It’s not a shocker to find 3 star, 2 star, or even 1 star reviews (out of 5) from past members of BetNow. You can take two routes of approach when you find a book with this rating – 1) steer clear and move on or 2) dig a little deeper and see exactly what’s going on.
There are multiple reasons why it might pay off to review a site like BetNow on a personal level. For one, maybe the company earned many of their poor ratings in their infancy phases and have since invested a large amount of time, money, and marketing into providing one of the best betting experiences on the web. Also it’s not a stretch to think that some of these poor reviews were provided by scammers – mad that the company wouldn’t let them get free money with multiple accounts or complaining that they had to wait a whopping three days for a $15,000 payout.
Not saying that any of these applies to BetNow, but it always pays off (sometimes literally) to do some investigating on a book on your own.
BetNow has only been around since 2015/16. Bettors can spin that one of two ways – either they’re a young company that is only going to develop and improve or they’re a young company that has no qualms boarding up their doors on a whim one day. The site is originated in Curacao which is known for its traditionally lax policies on setting up gaming licenses.
BetNow does have some big name backing in their corner. 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.
BetNow 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.
Reputation and Any Problems
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.
BetNow Bonus Details
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.
Deposit methods are expanding as BetNow finds their niche in the industry. Currently they offer
- American Express
- Debit Card
- Western Union
Accepting American Express is a kind of rarity across the online sportsbook landscape. BetNow also accepts the pre-paid gift cards that are predominantly found in convenience stores. The minimum deposit is $50 and there are fees associated with funding your account with any of these types of methods with perhaps Bitcoin being the most cost effective process.
Withdraw Options and Time Frames
Withdrawing your winnings offers a few more options which include:
- Western Union
- Direct Deposit
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.
Is BetNow.eu Legit?
Gamblers by nature like to take chances and you’re definitely doing that by opening up an account with BetNow. It’s not that the site is horribly defunct or filled with poor reviews – it’s just that they’re new. There are a number of reasons to take the BetNow plunge including the fact that they’re open to US bettors, accept Bitcoin, and feature live betting and mobile wagering. You can also get a pretty hefty deposit bonus for signing up with BetNow and they do seem to be intent on sticking around for awhile with all their marketing tactics.
BetNow is a new book, but even long timers like 5Dimes and Bovada had to start somewhere.