The Honest Wagerweb Review
NAME | Wagerweb |
---|---|
WEBSITE | |
USA PLAYERS | Yes |
LIVE betting | Yes |
ONLINE SINCE | 1999 |
BONUS | 30% Cash Bonus up to $500 (12x rollover), 20% Cash Bonus up to $1,000 or 30% Free Play (10x rollover), 10% Cash up to $1,000 or 15% Free Play bonus (6x rollover) |
LICENSED BY | Costa Rica |
OWNER | Undisclosed private ownership (formerly BetCBS) |
LOCATION | San Jose, Costa Rica |
sports | Football, Baseball, Basketball, Hockey, Soccer, Tennis, Horse Racing, Fighting, Golf, Cricket, Rugby, Handball, Snooker, Darts, Softball, Bandy, Esports, Politics, Entertainment |
SOFTWARE | Windows, Mac, iOS, Android |
CASINO GAMES | 50+ Video Slots, 20+ Video Poker Variations, Scratch Cards, Keno, Blackjack, Roulette, Craps, Pai Gow, Pontoon |
live dealers | Yes |
mobile wagers | Yes |
banking | Bitcoin, Visa, Mastercard, Cash Transfer, Bank Wire, Cashier's Check |
support | Email, Telephone, Live Chat |
Wagerweb
Overall
4.3-
Sports Available
-
Betting Line Odds
-
Bonus
-
Deposits
-
Payouts
-
Betting Interface
-
Live Betting
-
Casino
-
Mobile
-
Player Props
-
Player Support
Pros
- One of the oldest online sportsbooks, with roots going back to 1994
- Encourages signups from US sports bettors
- Bitcoin payouts are free and sent within 24 hours
- Bitcoin deposits are credited before network confirmation
- 55% cash bonus is on the high end for sportsbooks
- 1% cash back essentially makes your lines -109
- Mobile is perfectly formatted
- Excellent live betting and player prop systems
Cons
- Spread line odds are mostly -110, but can vary from +100 all the way up to -120
- The casino, and especially the live dealer section, can glitch or go down entirely
- Check payouts have a $300 minimum
- No game search function on mobile
Table of Contents
Wagerweb Sportsbook Overall
Going back more than 20 years, Wagerweb has a long and mostly positive history as an online sportsbook open to USA players. Although they often fly under the radar of larger sports betting sites, It definitely scores well across the board in my Wagerweb review.
After betting there extensively, I found their strongest areas to be the number of sports and betting lines available, the flexibility to choose from several different bonuses, and one of the better in-game betting interfaces I’ve seen.
Wagerweb has also clearly made an effort to work perfectly on mobile, something I think should be essential at every current online sportsbook.
Wagerweb Sportsbook seems to understand the massive shift towards Bitcoin for US sports bettors, making Bitcoin payouts free and processed within 24 hours on any day of the week. Personally, I get payouts from them within hours.
As online sports bettors, we can afford to be picky in the online gambling industry. There are plenty of books, like Wagerweb, open to US players that all offer the same product.
Sportsbooks need to be exceptional with payouts, offer competitive or reduced prices on lines, and cater to the burgeoning in-game betting market.
The Wagerweb sportsbook checks those boxes, putting it on my short list of recommended sportsbooks.
WagerWeb Sign Up Bonus
Wagerweb does have 3 generous welcome bonus options, which is nice for flexibility. Each one has a different rollover amount, with the bigger bonus requiring a bigger rollover.
Bonus Type | Min Deposit | Max Bonus | Rollover | Cashback |
---|---|---|---|---|
30% Cash Bonus | $100 | $500 | 12x | None |
20% Cash or 30% Free | $50 | $1,000 | 10x | 1% Free Play Every Week |
10% Cash or 15% Free | $50 | $1,000 | 6x | 1% Free Play Every Week |
I’d say the best option is the 10% cash with the 6x rollover. That’s the lowest bonus rollover Wagerweb offers and is quite low when compared across the industry.
The largest bonus at the Wagerweb sportsbook gives you 30% cash and has a 12x rollover. However, it only gives you a maximum of $5,00 in bonus money.
Finally, there’s the 20% cash bonus with a 10x rollover. Those rollover numbers are about average for sportsbooks.
Take Cash over Free Play
I recommend you take the cash over the larger Free Play amount on all Wagerweb bonuses, since you can use it in any section and you get to keep the risk amount for bets.
You do need to deposit at least $100 in order to get a bonus. Wagerweb sportsbook has a minimum deposit of just $20, but you won’t get a bonus if you put in less than $100.
Unless you claim the largest cash bonus, you’ll also get 5% cash back on all casino losses.
You need to contact the sportsbook to claim a bonus
If you want a bonus at Wagerweb Sportsbook, you’ll have to manually contact them through email, live chat, or telephone to request it. Be sure to let them know which bonus you’d like after you’ve made your deposit but before you start any betting.
By default, Wagerweb doesn’t automatically award you a bonus when you deposit.
I made 2 deposits at Wagerweb and was never prompted to select a promotion offer. However, the promo bonuses are plastered all over the website, so you’re certainly entitled to one if you don’t mind the rollover requirements.
Wagerweb Betting Lines
Wagerweb Sportsbook has a huge number of available betting markets. I can’t think of any league, obscure or not, that they don’t offer betting lines on. All major sports leagues are covered, and the Wagerweb betting site also has non-sports categories such as politics, entertainment, and esports.
As for the actual betting lines, I find them nearly identical at Wagerweb to the consensus lines you’ll find from Vegas or other large online sportsbooks such as Bovada or BetOnline.
Their lines are sourced from LinePros, which is a sports betting data aggregating company, so other books are using the same lines.
Occasionally, you’ll see a half-point difference at Wagerweb than other sportsbooks, but they don’t seem to overreact to public betting. That’s what you want if you’re looking to get a particular favorable pick in before the line changes.
✅ Are the odds competitive at WagerWeb?
I would say WagerWeb offers competitive odds, in that they are about the industry standard. There are betting sites out there with much worse odds, so reactional bettors will be happy with what’s on offer here.
✅ Are there any betting restrictions?
Wagerweb is not in the business of putting strict limits on player wagers. The only time betting restrictions come into play is when you have a bonus with a pending playthrough, which would stop you from being able to withdraw until you’ve completed the wagering requirements.
✅ How quickly does Wagerweb pay out?
The betting site offers the quickest payout speed for Bitcoin withdrawals, taking as little as 90 minutes for the money to hit my wallet. Wagerweb is know for its timely payouts for cryptocurrency banking methods but if you prefer to withdraw by cashier’s check, this can take up to three weeks.
✅ Is there a poker room at WagerWeb?
Unfortunately, there is no poker room at Wager Web. If you want to play at a US sportsbook that offers poker games, I’d recommend Bovada.
Wagerweb’s Competitive Odds
As for line prices, Wagerweb mirrors what you’ll find at most sportsbooks. Around 80% of spread lines are the industry standard -110, meaning you’ll pay $110 to win $100.
What’s interesting is that the rest of the straight spread lines can vary from as cheap as +100 all the way up to -120. It’s going to depend on which side you’re betting whether that’s a bargain or overpriced.
You can also tell which side Wagerweb is seeing more bets on, as they’ll increase the price on that side and discount the other side in an attempt to even the action.
Odds for professional sports leagues will usually stick between -105 and -115 at Wagerweb, where you’ll see the more extreme prices like +100 and -120 on college sports.
I’ve also seen attractive betting lines on live games if you can get them quickly. For example, in live baseball, +150 odds on a -1.5 run line for the 2-run leading team in the 7th inning.
In general, Wagerweb offers very good odds on baseball, sometimes 5-10% better than other online sportsbooks.
In-Game Live Betting
Wagerweb mentions live betting as one of the highlights of the online sportsbook and I can see why.
Unlike the betting screens on some other sportsbooks that can really confuse me, Wagerweb seems straightforward and laid out well. You can easily expand or hide by sports and the available lines are easy to keep track of.
In-game betting is also perfectly formatted for the Wagerweb mobile site, which I think is essential. It’s most popular for mobile users because those doing it are either at the game, realized a game started late when they’re out of the house, or are on the sofa watching it.
Another test I like to do with sportsbooks is line up several of them on in-game betting to see how their lines compare.
Wagerweb must source their live lines from a slightly different place or have them set for slightly better prices, as I found them to almost always have favorable live lines to other books.
Mobile
For sports bets, the Wagerweb mobile site layout is excellent. I’ve seen some sportsbooks still having trouble showing betting lines on mobile, either forcing you into turn your phone to landscape mode or just being difficult to manage.
Wagerweb has clearly optimized for mobile, allowing you to see spread lines, money lines, and totals all on one screen.
You can also either tap to add bets to your bet slip, or do a one click bet. Wagerweb lets you set the one click bet deafult amount to your choice, which is a nice touch.
A minor gripe would be the lack of a bet search function on mobile, which is especially useful on a smaller screen.
Also, for sports with a lot of games on the daily slate, such as college basketball, the games are split into multiple pages. It can be a chore to check 3 pages for the game you want to bet.
The casino does work on mobile, but it isn’t perfect. The Wagerweb mobile casino is a long unorganized list of some of its usual desktop games.
Each one does load and work, but there can sometimes be formatting glitches where half the game is off the screen.
The easy in-game betting interface stays easy and quick to load on Wagerweb mobile, which is probably where you’ll be doing most of your live betting anyway.
Player Props
Wagerweb has the most robust and easiest to understand player prop system I’ve seen on any sportsbook. I know there are a lot of prop specialists out there who would love this interface.
Besides every player prop you can think of for games, what’s unique at Wagerweb is you can see the odds for adjusting every prop.
What’s also cool is you can even just build your own random prop for just about any player in all the usual prop stats.
I’ve seen a lot of sportsbooks missing a lot of players or specific props. With Wagerweb, that isn’t going to happen.
Racebook
Although I don’t pretend to know enough about betting on horse racing to give a detailed analysis, the Wagerweb racebook section seems to have a solid interface.
If even a racebook noob like myself can understand enough to place a bet, then I imagine it would be cake for pros.
Signing up at Wagerweb
Unfortunately, a subpar website seems like a prerequisite for a lot of the better US sportsbooks. Wagerweb is no exception, down to last year’s date in the copyright footer.
I would like to see them add more information on the essentials for prospective players, such as their current lines and more of the fine print details on their promotions.
Once you’re logged in, the interface works well, but I still feel like the entire Wagerweb site could do with a fresh coat of paint.
One important note for new players is that you should be sure to use your correct phone number when you sign up. As is now common at a lot of sportsbooks, Wagerweb verifies your number before they let you finalize your account. They’ll call you with an automated code to insert at the site right after you sign up.
For security, I’m glad that Wagerweb makes you log in with an account number rather than just an email address. That way, even though you know I have a Wagerweb account and my email address, you don’t know my account number to even try to hack it.
Most of all, I really appreciate that Wagerweb makes you verify your withdrawals by sending a text message with a code to insert. Someone is going to need physical access to your phone in order to approve a payout.
Wagerweb is available in almost all USA states, including Kentucky for sports betting.
Deposits
Wagerweb support 5 deposit methods, all of which cater to American sports bettors:
Method | Amounts available | Clearance Time | Fee |
---|---|---|---|
Bitcoin | $25+ | 45 minutes to 1 hour | FREE |
Credit Cards / Prepaid Cards | $17 - $500 (per transaction) | Immediate | Possible Foreign Exchange |
Person to Person Money Transfer | $100 - $680 | 1 hour or more | Wagerweb reimburses the fees on deposits of $300+ |
Cashier's Check | $1,000 + | A percentage when trackable and the rest when received (5-7 business days) | Wagerweb reimburses the fees |
Bank wire | $5,000 + | 24 to 72 hours | Wagerweb reimburses the fees |
For credit card deposits, Wagerweb has a low minimum of $20 and a maximum of $500. Although everyone has access to a credit card, I never recommend using it over Bitcoin.
Wagerweb will eventually require you to fill out a credit card authorization form before you receive any withdrawals.
Most importantly, although Wagerweb can process most credit cards successfully, some banks will decline the transaction and possibly lock your card until they speak with you. That’s an awkward conversation you’d rather not have.
Also, the $500 maximum credit card deposit won’t be enough for serious sports bettors.
Bitcoin
Serious online sports bettors, casino players, and poker players have already discovered the gem that is Bitcoin for all deposits and withdrawals.
Wagerweb builds Bitcoin into the cashier, has a $25 minimum Bitcoin deposit with a $10,000 maximum. Although Wagerweb has a clunkier Bitcoin deposit system than others, it works.
Instead of asking how much you’d like to deposit and giving you an exact amount of BTC to send, Wagerweb just gives you a Bitcoin address to it to. No QR code or anything flashy about it.
Like many sportsbooks, after you send the Bitcoin to Wagerweb from your wallet, there’s no confirmation that they’ve received it and it’s just awaiting confirmation.
However, Wagerweb is one of the only sportsbooks that credits your Bitcoin almost immediately. Almost every other online gambling site I’ve played at waits to credit your balance until it’s fully confirmed 6+ times on the Bitcoin network. That can take 15-30 minutes.
Admit it – you compulsively refresh your cashier while you wait for that, too.
Wagerweb credited me as soon as I sent it, which earns them big props from me. That’s an unnecessary risk taken by them that puts trust in the player.
Keep in mind that if you want to have access to 24/7 free Bitcoin payouts at Wagerweb, you’ll need to deposit exclusively with Bitcoin.
Payout Speed
When it comes to online sportsbooks, the bottom line for regular bettors is probably going to be how cheap the lines are and how reliably you can get payouts. I appreciate that Wagerweb highlights their payout strength, guaranteeing next-day payouts if you use Bitcoin.
Payout Method | Withdrawal Limits | Payout Speed | Fee |
---|---|---|---|
Bitcoin | $100 - $3,000 | Same Day | FREE |
Check | $500 - $3,000 | 10 to 15 Business Days | $50 |
Bank Wire** | $10,000 and up | 3 to 7 Business Days | $75 |
Sports Book Transfer | $500 - $10,000 | Same Day | FREE |
Person to Person | $100 - $300 | 3 to 5 Business Days | Fees vary per location |
I don’t have to wait anything close to next-day for my Bitcoin payouts, however. Wagerweb sends my Bitcoin withdrawals within 90 minutes, which sets a record as the fastest I’ve ever gotten one from any gaming site. I can’t overstate how good it feels to get a payout that quickly.
Wagerweb has a very simple cashier for withdrawals, offering only cashier’s check or Bitcoin. Those methods are likely going to satisfy 95+% of players.
Cashier’s checks will arrive at your physical address within about 2-3 weeks and have a $300 minimum. That minimum is higher than I would like, but it accentuates that I think every online gambler should be using Bitcoin at this point.
I do find it obnoxious when sportsbooks allow you to deposit less than you can withdraw, but that’s common practice at all online gaming sites.
Bitcoin Withdrawals
Bitcoin payouts are where Wagerweb shines. They beat a lot of larger sportsbooks by allowing you to make a Bitcoin withdrawal 24/7. Ridiculously, a lot of books actually restrict Bitcoin (and sometimes other methods) payouts to specific days and times.
The minimum for Bitcoin withdrawals at Wagerweb is $100 with a maximum of $3,000 per day and $10,000 per week. A vast majority of players aren’t going to come close to that, but it’s something larger bettors should keep in mind.
Free Withdrawals
Another aspect I give Wagerweb props for is that you never have to pay withdrawal fees if you do it strategically. Although the usual check fee is $50, you can get a free cashier’s check payout every 30 days.
Just be sure you type FREE PAYOUT in the comments field, which is a strange hoop to have to jump through, but certainly worth it.
Bitcoin payouts are always free so long as you only deposit via Bitcoin.
Casino
Although I doubt players are going to be joining Wagerweb for the casino, they actually have quite a large number of games, with a wide range of betting limits. Casino games are developed by Betsoft, who is a veteran for online sportsbook slots and table games.
There are around 25 tables games, 25 video poker variations, 50 slots, Keno, scratch cards, and virtual horse racing. The Wagerweb casino game graphics are around the middle of the pack, neither as painfully basic as some sportsbooks nor as flashy as some dedicated casinos.
One positive of the Wagerweb casino is you can play casino games without first transferring money over from your sportsbook balance. That has irritated me at other sportsbooks in the past. You do still have to make transfers for the live casino.
The Mini Games section feels pointless to me, essentially offering a small selection of the main Wagerweb casino offerings in a miniature browser window. If you try to resize it, you just distort the graphics. Stick to the normal casino section.
Live Dealers
I’m surprised that Wagerweb has a live dealer section in their casino, as it can be tough to find game providers willing to offer that to US-friendly sportsbooks.
Wagerweb has live Blackjack, Roulette, Super 6, and Baccarat with 2 or 3 tables of going around the clock. You can see a preview of who the live dealer is and how many seats are open.
Keep in mind for Blackjack, however, that the tables will often fill up due to the limited number of live dealers at Wagerweb. There is also a $10 minimum bet for live Blackjack, higher than the $1 minimum on the other games.
As a player used to old-school casino games, it takes some getting used to waiting on a dealer and other players. That’s part of the charm and casino experience, though, if you’re playing with live dealers.
The biggest problem with the Wagerweb live dealers is that the whole system goes down, sometimes for several days. You’ll see a simple “Contact Customer Service” text message where the live dealer lobby should be.
I’d rather see Wagerweb just take down the live dealer section entirely rather than offer a half-functioning product.
Wagerweb Customer Support
Wagerweb is unique in that they really encourage telephone support for players. They have 6-8 different toll-free phone numbers dedicated to new accounts, banking issues, and placing wagers. Live Chat is also easy to see in the main navigation menu.
So, I’d say the site has exceptional customer support – and, that is not something I say lightly about a betting site. Even the other top online sportsbooks struggle to offer support that is as effective and responsive as Wagerweb’s.
I asked Live Chat some specific Wagerweb bonus questions, which usually stymies outsourced support reps. This one seemed to get it. One of the benefits of smaller sportsbooks like Wagerweb is often better support.
Wagerweb Sportsbook Review – Final Thoughts
Wagerweb is one of my highest-scoring online sportsbooks open to USA players due to its strength in key areas like payout speed, in-game betting, and an excellent mobile interface. It’s tough to find an event they don’t offers odds on and their player prop interface is unmatched.
I appreciate their guarantee of free next-day Bitcoin payouts and the hidden gem of making Bitcoin deposits available for betting as soon as you send it.
Although I’d like to see a promotion for more discounted odds, the Wagerweb lines are in line with other books. Some of their live betting odds do beat larger books.
If you’re from the US, Wagerweb is an easy recommend as one of the top handful of online sportsbooks in the market.
Josh is one of the world’s most respected online gambling experts. He has been featured on outlets such as CardPlayer, the World Poker Tour, Google News, and Forbes. Josh has nearly 20 years of experience reviewing poker rooms, casinos, and online sportsbooks. He launched Beat The Fish in 2005, which has been peer-certified as a trustworthy gambling portal. Josh’s proven systems and extensive knowledge of the iGaming industry have been used by thousands of online bettors to make more informed decisions.
been betting here for donkeys years, best place for live betting on my phone when i’m at the bar. 10/10