The 100% Honest Wagerweb Review
55% cash or 100% Free Play (18x rollover), 50% cash or 75% Free Play (15x rollover), 20% cash or 30% Free Play (10x rollover), or 10% cash or 15% Free Play with 1% sports cash back (8x rollover)
Undisclosed private ownership (formerly BetCBS)
San Jose, Costa Rica
Football, Baseball, Basketball, Hockey, Soccer, Tennis, Horse Racing, Fighting, Golf, Cricket, Rugby, Handball, Snooker, Darts, Softball, Bandy, Esports, Politics, Entertainment
Windows, Mac, iOS, Android
50+ Video Slots, 20+ Video Poker Variations, Scratch Cards, Keno, Blackjack, Roulette, Craps, Pai Gow, Pontoon
Bitcoin, Visa, Mastercard, Cash Transfer, Bank Wire, Cashier's Check
Email, Telephone, Live Chat
Betting Line Odds
- 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
- 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
- 1 The 100% Honest Wagerweb Review
- 1.1 Wagerweb Sportsbook Overall
- 1.2 The Wagerweb Bonus “Hack”
- 1.3 More Wagerweb Promotions
- 1.4 Wagerweb Betting Lines
- 1.5 In-Game Live Betting
- 1.6 Mobile
- 1.7 Player Props
- 1.8 Racebook
- 1.9 Signing up at Wagerweb
- 1.10 Deposits
- 1.11 Payouts
- 1.12 Casino
- 1.13 Wagerweb Customer Support
- 1.14 My Conclusion on Wagerweb
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, Wagerweb scores well across the board in my 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 live 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 sportsbook.
Wagerweb 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 this market. 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 live betting market.
Wagerweb checks those boxes, putting it on my short list of recommended sportsbooks.
The Wagerweb Bonus “Hack”
Wagerweb prominently advertises 3 bonuses, with the largest being a choice between 50% cash or a 75% Free Play bonus.
However, I was able to find an unadvertised private offer for 55% cash or 100% Free Play. This is a private promotion that you won’t find at the main Wagerweb website.
To get the larger bonus, you’ll need to sign up at Wagerweb using this landing page, which you’ll see if you click on link to them on this review.
To be eligible, you’ll need to deposit at least $100 and ask for the bonus by contacting Wagerweb support. The rollover is 18x before you request a payout.
More Wagerweb Promotions
I’m not always a huge fan of bonus promotions at sportsbooks, mainly because it ends up restricting your payouts in the form of a rollover.
If you don’t like a sportsbook or find their line prices too high, you’ll probably want to take your money and run after a few bets.
If you claimed a bonus, you can’t do that. Rollover means you have to bet your balance a certain number of times before you’re allowed to request a withdrawal.
Wagerweb does have 3 bonus options, which is nice for flexibility. Each one has a different rollover amount, with the bigger bonus requiring a bigger rollover.
I think the Elite bonus is the best deal, giving you 10% cash with an 8x rollover. That’s the lowest bonus rollover Wagerweb offers and there are no restrictions on betting.
Although the bonus amount sounds modest, the real gem of Elite is the 1% cash back on sports bets, which is paid out in Free Plays every Monday. That essentially makes your lines -109 instead of -110, which can be huge if you’re betting for volume.
The largest bonus at Wagerweb is just called the Welcome Bonus, which gives you 50% cash and has a 15x rollover. This does come at the expense of the 1% sports cash back, though, and you can’t wager more than 20% of your deposit on a single bet.
Finally, there’s the High Roller bonus, which is 20% cash with a 10x rollover and no restrictions on your bets. Those rollover numbers are about average for online 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 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, 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.
Don’t claim a bonus if you don’t want payout restrictions
Keep in mind that you aren’t required to take a bonus if you don’t want to be locked in to restrictions on your payouts. As nice as bonuses are, that’s usually what I opt for at a new sportsbook so I’m free to do what I want with my money.
If you don’t want to have restricted payouts, just deposit at Wagerweb and start playing. You aren’t awarded a bonus by default.
Wagerweb Betting Lines
Wagerweb has a huge number of sports to bet on. I can’t think of any league, obscure or not, that they don’t offer betting lines on. Wagerweb also has non-sports categories such as politics, entertainment, and esports.
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.
Competitiveness of 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 some great prices on live betting lines 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 has 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 sportsbook and I can see why.
Unlike the live 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.
Live betting is also perfectly formatted for the Wagerweb mobile site, which I think is essential. Live betting is most popular on mobile 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 live 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.
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 casino games.
Each one does load and work, but there can sometimes be formatting glitches where half the game is off the screen.
The easy live 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.
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.
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
Wagerweb support 5 deposit methods, all of which cater to American sports bettors:
- Credit Card
- Cash Transfer
- Cashier’s Check
- Bank Wire
Those last 2 options, which will only be used by a fraction of players, will require you calling in or opening Live Chat to get the details as they aren’t built in to the cashier.
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.
Serious online sports bettors, casino players, and poker players have already discovered the gem that is Bitcoin for all deposits and withdrawals. It’s private for players, it has low minimums, and you’ll always get the fastest payouts.
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.
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.
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 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.
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.
Although I doubt players are going to be joining Wagerweb for the casino, they actually have quite a large number of games. Casino games are developed by Betsoft, who is a veteran for sportsbook casino 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 Casino 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.
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. The 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.
I asked Live Chat some specific 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.
My Conclusion on Wagerweb
Wagerweb is one of my highest-scoring online sportsbooks open to USA players due to its strength in key areas like payout speed, live 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.
A lifelong poker player who moved online in 2004, Josh founded Beat The Fish in 2005 to help online poker players make more-informed decisions on where to play and how to win once they got there. He hopes to counter the rampant dishonesty in online gaming media with objective reviews and relevant features. Tech nostalgic. Fondly remembers the soup avatar at Doyle’s Room.