Bonus Code: GTWONDER
GTbets, a sportsbook and casino operator which launched in 2011 sets a high bar with a superb sports betting interface that includes a racebook, all the major sports available to the North American, and Australasian markets, and a Casino that is powered by Betsoft Gaming.
The operator is licensed by the Curacao Gambling Board and offers a variety of promotions that include a start-up bonus of up to $750 on deposit. Also in the lineup is withdrawals through Bitcoin amounting to $5,000 which are cleared within 48 hours and an excellent reward program that satisfies both high rollers and novices.
“One of my favorite betting sites. Easy to deposit and has lots of bets.”
Promo Code: GTWONDER For a 120% $500 first deposit Cash bonus plus free points on your favorite teams.
GTbets Deposits & Cash-Out Methods
There are a few deposit and payment methods available to you of which Bitcoin is chief. Popular banking options like Bitcoin, Bank Wire, Quick Cash, credit cards (Visa, MasterCard, and American Express), and Prepaid Gift Cards are open to players.
To play at GTbets, the minimum deposit is $35, the maximum deposit for credit card is $999, and for Bitcoin, it is $2,000. No deposit fees are charged. Players can use Neteller and Skrill to deposit, but not as payout methods.
If we look at the withdrawal section, Bitcoin bookie transactions of up to $5,000 are handled within 48 hours (2 business days), and customers are granted one free Bitcoin withdrawal every 30 days. Players who request extra Bitcoin withdrawals in a 30 day period are charged a fee of $60 (5%).
Bank wires are cleared within 12 days, and a withdrawal fee of $60 is charged. Quick Cash withdrawals are handled within 48 hours with a fee of $50 or 8% for every withdrawal made. The quickest and most convenient way to get your cash in and out of the online sportsbook is through Bitcoin. Bitcoin transactions are cleared within 21 hours, even during peak periods such as November and December.
Quick Cash is another fast withdrawal method, and all payments are cleared within 48 hours. Bear in mind that a transaction fee of $50, or 8% is charged. Only one Quick Cash withdrawal is allowed every 7 days.
Withdrawals can be made from 09:00 to 17:00 EST Monday to Friday. If you are wondering what the withdrawal satisfaction at GTbets is, 82% of players are happy. In the grander scheme of things, we think this is pretty good.
- How do I speed up the withdrawal process at GTbets?
- Make sure the online sportsbook has your correct email address.
- Please don’t give a P.O. Box address.
- If you request a withdrawal, make sure you have enough cash in your account to cover it and the fee.
Deposit Bonus and Promotions
In GTbets’ own words, it serves up a “serious” dual deposit bonus of 100% up to $500, followed by a match bonus of 50% up to $250. It is entirely up to you whether you want to accept the bonus or not. However, if you do accept it, you must play within the bonus roles.
The total bonus package is valued at $750. Unlike other sports betting bonuses, they are unique because they are ‘Cash Bonuses,’ and they can be used as you see fit. To qualify for a bonus, you must deposit $35 or more. Any withdrawal is permitted once the rollover requirement of 10x the deposit and sum of the bonus is completed. Only one bonus per player or household is allowed.
Reload Bonuses: Regular sportsbook bettors qualify for a reload bonus of 5% up to 50%. Before you are eligible for this bonus, you must adhere to the following criteria:
- Your account balance must be less or equal to 25% of your previous deposit. In other words, your last deposit of $100 must have at least $25 in your account before you can qualify for a reload bonus.
- If you requested a withdrawal on your last transaction, you don’t qualify for a reload bonus.
- To receive a bonus your account must be segmented. Rollover points are earned for every $10 wagered. For example, 10 Rollover Points are awarded if you bet $20 on sports and 3 Rollover Points on video poker.
Note: bonus money cannot be used to play European Roulette, Baccarat, Craps, Chilli Pop, The Golden Owl of Athena, Legend of the Nile, Reels of Wealth, Sin City Nights, and Dr. Jekyll & Mr. Hyde. If you use the bonus on any of these games, you’ll lose it and the winnings you gained with it.
Favorite Teams Bonus
The maximum bets allowed on college football is $3,000, and for NFL it is $5,000. Be warned though, this is only applicable to regular-season games, sides, and straight bets. You’ll receive 1/2 (half) Point Free for every bet you make on your favorite NFL team (Dallas Cowboys) that is favored at -3 at a line of -2.5.
GTbets has a refer-a-friend bonus program too. For every friend that deposits and plays, you’ll receive a bonus of 50% up to $400. The bonus carries a rollover of 5x points bonus amount on a minimum of one deposit over the course of 3 months. The refer-a-friend bonus from the same household is not eligible and applies only to accounts within the USA. Other countries are excluded.
GTbets offers a superb range of International sports that includes sports lines from basketball, soccer, rugby, E-sports, and tennis.
The next big thing in sports betting is placing bets on fantasy sports. You can place your bets on any NFL player where the juice on the bets can be anything from exotic props of -120 instead of the standard -110. GTbets is not the fastest when it comes to posting its lines. However, it is quite on the ball when it comes to posting its football results on weekends.
Sunday evening is a different story because the results are posted 24 hours later before the next spread is released. Fees are charged on every bet that’s mad,e especially on popular teams like the Patriots. Before shifting spreads, the juice is adjusted to -120/+120.
Limits on Sportsbetting
The minimum bet starts at $1. Because GTbets cater primarily to your casual bettor, VIPs are often restricted.
The site is an ace when it comes to its live betting mobile platform. One of the main events it covers exceptionally well is the live bets on college sports and NFL. It needs to sharpen up on its NBA and NHL games, while soccer is restricted to marquee matches. On live betting events, the juice differs from -120 to -125. This is not a healthy business model because it becomes increasingly difficult to make a profit.
Mobile Betting at GTbets
The mobile platform at GTbets is very stable since it covers a nice variety of sports, ponies, has an extensive rewards program, loyalty program, and Casino section. Mobile users must download the site’s app before they can place their bets. Overall, we’re impressed with GTbets’ mobile section since it offers a seamless and robust betting experience.
Casino & Racebook
GTbets includes a Casino and a Racebook too. Players can try their luck at the various Betsoft 3D slot machines, table games, video, or specialty games at the Casino. If you accepted the casino’s welcome bonus, make sure you understand the conditions linked to it. The Casino also gives active players a rebate of 10% on all their losses.
The Live Casino offers a few live games too. It is indeed a welcome distraction if you are looking for something different.
Horse racing bettors receive a cashback of 15% on their losses, the maximum bet is only $500 on exotic wagers and individual plays. It also caps wins on exotic bets, and it does not offer Pick 5 and Pick 6 bets. The good news is that it pays on Pick 4 winners. Unfortunately, it does not allow 50% super exotic winners.
The VIP program at GTbets is called Game Time Rewards. Players get points for each wager placed which can be exchanged for cash back, merchandise or entry into sweepstakes. The program is tiered from Silver to Gold to Platinum. Players move up through the tiers by volume-play.
Obviously, the higher the reward level reached, the more points players can earn. Please note that VIP’s may not withdraw income derived from rewards exchanges unless he or she makes an effective deposit within 30 days before requesting support to redeem the specific rewards redemption.
Support at GTbets comes in 3 forms. There is the live chat option in the bottom right of the screen and telephone support (1-800-509-4847 in English and Spanish for U.S. and Canadian players).
Support via email is split into four sections, and each addresses a specific issue. General Support Team: [email protected], Cashouts Team:[email protected], Rewards Team: [email protected], New Sign Ups: [email protected]. All the above can be contacted round the clock 24/7, all days of the week. The operator provides a list of Frequently Asked Questions that covers general queries like how to claim a bonus, banking, security, and so on.
Security and Trustworthiness
You know the quote, “every saint has a past.” Well, GTbets had a rocky start with a few now-defunct sportsbooks, but they gloriously redeemed themselves by paying out about $45,000 in backed payments and cleaning up their business model. It is now known as one of the fastest-growing legitimate sportsbooks in the American sports betting market.
Based and licensed in Curacao, the operator consistently receives excellent reviews from industry watchdogs and players alike. Their software is encrypted with SSL encryption keys, which means that player information is kept safe and secure.
Each game is governed by a Random Number Generating which ensures fair play and transparency. GTbets is dedicated to responsible gaming. It urges players to treat it as a recreational activity and not a means to generate their only income.
Players should keep track of the time and money they spend gambling or betting. If you’ve spent more money than you intended to, you can use the self-exclusion program on offer from the support agents. The self-exclusion period ranges from a few days, few weeks, months to indefinite. Only a written request is acceptable before your account will be re-opened.
Underage gambling is prohibited, and regular checks are run on the platform to ensure this. Parents are also referred to filtering systems to regulate their children’s internet usage such as Net Nanny&trade (http://www.netnanny.com) and CyberPatrol (www.cyberpatrol.com)
GTbets does a good job as far as its online sports betting offers go. On a more personal note, we think Bovada and MyBookie are superior. The fact that it charges a withdrawal fee for extra Bitcoin pays progressive wins in increments, and players who use e-wallets as deposit methods can’t use them to withdraw their winnings is a bitter pill for us to swallow.
- Decent fixed odds
- Accepts punters from Australia and the United States
- Accepts Bitcoin and Prepaid Gift Cards
- Unique promos and awards points on your teams
- Casino and Racebook
- Major markets have sharp odds
- Covers fewer markets than other sportsbooks
- Fee for extra Bitcoin withdrawals