Outlook Spotlight

Best Online Sports Betting Sites & Sportsbooks In 2023 Ranked By Odds, Bonuses, And More

Ready to get started with online sports betting? Check out the top 10 online sportsbooks ranked by competitive betting odds, bonuses, and more.

Online Sports Betting
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Your overall online sports betting experience and the payouts on your parlay betting slips will heavily depend on your sportsbook of choice. 

Are you willing to sacrifice a portion of your payouts by making the wrong choice? Probably not.

This is why we went through the market and compared the betting odds between hundreds of sportsbooks until finally narrowing down the 10 best online sports betting sites available right now.

They all stand out when it comes to sports variety, betting tools and features, competitive odds and markets, and bonuses for new players – with BetOnline completely nailing all of it.

Read on to learn more about all the rest.

Best Online Sports Betting Sites

  • BetOnline: Best overall 
  • Bovada: Over 30,000 daily betting markets
  • BUSR: Up to $5,000 welcome bonus
  • MyBookie: Over 200 props for big games
  • EveryGame: Lowest, 4x wagering requirements
  • XBet: Top-notch betting interface
  • Thunderpick: Excellent choice for crypto bettors
  • MyStake: Great live betting experience
  • BetUS: Offers free picks and predictions
  • Sportsbetting.ag: Awesome prop builder

Whether you enjoy NFL games, NBA matches or get a thrill from betting on horse races, our list has something for everyone. Each platform offers unique features, from daily betting markets, to generous welcome bonuses, and so much more. Let's explore together.

1. BetOnline — Best Online Sports Betting Site Overall 

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Pros:

  • 50% bonus up to $1000 (100% match for crypto deposits)

  • 10+ different sports betting promotions

  • Highly competitive odds across 30 sports

  • Live stream for many events

  • 24/7 live support

  • Also offers casino games and poker tournaments

Cons:

  • Higher minimum deposit to qualify for the bonus

  • Simple website design

With multiple welcome bonuses, including special packages for crypto and card deposits, competitive odds across 30 sports (as well as boosted odds) – BetOnline practically nailed all the benchmarks to perfection.

Betting Experience: 5/5 

BetOnline offers the best betting experience you can find online. All popular betting options like moneyline, over/under, and spread are offered for each matchup. In addition, users can explore player props and more betting options.

Not to mention, all popular sports are available for betting here at BetOnline, like basketball and football. You can also place live bets, craft your own parlay, explore boosted odds, and much more.

What’s unique about BetOnline is that it offers a live stream for many of the games it covers, as opposed to a simulated match preview as you’d find at most online sportsbooks. Of course, some leagues aren’t covered due to copyright restrictions, but there’s a simulated preview for them.

Other Features of the Sportsbook: 4.9/5

Besides sports betting options, there is a full casino here filled with slots, table games, an entire poker interface (including tournaments), high jackpots, and more.

We also like the live casino offered here. It is refreshing as a gambler to have a human dealer and real cards available for your online gambling enjoyment. Not to mention, part of the fun is engaging with the dealer and other players. There are live dealers available for roulette, blackjack, baccarat, and Super 6.

New Player Bonus: 4.7/5

As a new sports bettor, you can get a great welcome bonus of up to $1000. Simply enter the code "BOL1000" on the deposit page, and receive a 50% bonus up to this amount. This offer comes with fair 10x wagering requirements, but you’ll have to deposit at least $55 to qualify.

There is also a higher deposit bonus ready for those who hold Bitcoin. When using the code "CRYPTO100" during your deposit, you will get a 100% bonus of up to $1000. However, keep in mind that there are higher 14x wagering requirements.

Customer Support: 4.9/5 

The customer support here at BetOnline is top-tier. There is a complete help center, FAQ page, and live chat tool. You can also get assistance over email. We recommend using the live chat for the quickest responses.

2. Bovada — Most Extensive Sports Betting Markets of All Sportsbooks

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Pros:

  • Generous bonus up to $750

  • Great sports betting odds

  • Over 30,000 daily betting markets

  • Fair 5x wagering requirements

  • Large player community

Cons:

  • Late lines for college basketball and football

  • No e-wallet payments

If you’re looking to get started with a real bang for your buck and have an overwhelming number of sports betting options at your disposal – Bovada says hello with a $750 bonus and over 30k daily betting markets!

Of course, we wouldn't have featured this sportsbook if they didn't also have solid betting odds for all popular sports. They also have a large player community and one of the most prompt customer support teams.

Betting Experience: 4.9/5 

If you already place bets on sports at your retail sports betting location, Bovada will only boost your experience. 

You can browse a vast library of odds and at least three betting options for each matchup for popular sports and some lesser-known ones like snooker, badminton, golf, and more.

Don’t let “three” in that sentence confuse you, as Bovada offers over 200 markets for NFL, NBA, NHL, and popular soccer games on the regular. Among these, you can find plenty of player and game prop bets and make use of the handy bet builder to create your perfect parlay.

Our only gripe with this sportsbook is that odds for college sports are usually released just a few hours before the games begin, leaving sharp bettors a bit in the dark.

Other Features of the Sportsbook: 4.7/5

Once your bets are placed, you might have some extra money in your sportsbook account. If this is the case, we highly recommend checking out the Golden Buffalo, Mythic Wolf, and Shopping Spree slots – the latter of which had a massive $1 million jackpot at writing.

Like BetOnline, users can also play poker with other human players and compete in tournaments. There is also a great live casino with an excellent game selection like baccarat, Super 6, blackjack, and roulette.

New Player Bonus: 4.9/5

Bovada has the best welcome bonus in the sports betting industry right now for sports fans. After signing up and making your first Bitcoin deposit, you can get a generous 75% bonus of up to $750.

Best of all, this offer has low 5x wagering requirements, which will make taking home some bonus winnings as real money pretty easy. If you use fiat currencies to deposit, you can claim a 50% up to $250 bonus instead.

That said, crypto sports betting is the way to go at Bovada.

Customer Support: 4.9/5 

In addition to a large player community and active player forum, you can get help over live chat and email at Bovada. We recommend using live chat for fast responses. There is also a complete help center ready for common problems.

3. BUSR — Best Sports Betting Site for Horse Racing Betting 

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Pros:

  • 8% horse racing rebate

  • Early horse racing odds

  • Over 30 sports covered

  • Two sports betting bonuses

Cons:

  • 14-day bonus expiration period

  • Only a few esports offered 

Looking to bet on horses? BUSR has odds on everything from the Kentucky Derby to Santa Anica and Swedish horse races nobody has ever heard of – as well as a full guide about horse betting and a dedicated 8% rebate on your losses.

There are two pretty generous bonuses you can get started with, too.

Betting Experience: 4.8/5 

We wouldn't have featured this sportsbook if we weren't impressed by the overall experience it offers. March Madness was fully underway at writing, and we saw some of the best basketball odds available. Not to mention, there were about 100 betting options for each game!

A couple of other features that stood out here included the excellent props builder tool, where users could select various props from a massive list to create their own parlay. In addition, users can place live bets during each game.

Horse racing gets its own section in the form of “Racebook.” There were betting odds for over 30 tracks from all over the world available, and BUSR prides itself on releasing the odds for most of these way ahead of the competition.

Other Features of the Sportsbook: 4.8/5

Outside the sportsbook, there is a full online casino here, complete with slots, jackpots, video poker, table games, and a full live dealer casino. Some real money online slots we recommend include Thai Blossoms, Golden Dragon Inferno, and Hearts Desire.

In addition, another section that stood out to us was the video poker section. You can play variants like Deuces Wild, Jacks or Better, and more here. There is also a full live casino complete with popular titles such as blackjack and roulette.

New Player Bonus: 4.5/5

If you’re looking to go big on your first deposit, then BUSR is willing to match it up to $5,000. However, the wagering requirements are a bit higher – depending on which bonus you select.

Two bonuses are ready: a 200% crypto bonus up to $5000 and a 150% bonus up to $2500. Each of these bonuses has 20x wagering requirements. Also, keep in mind that there is a 14-day expiration period for this bonus.

Customer Support: 4.9/5 

There is also a fast customer support team at BUSR that can help you at any moment. Support is also available by phone. If you want immediate assistance, we recommend using the live chat tool.

4. MyBookie — Best Sports Betting Site for Props Bets 

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Pros:

  • Up to $1000 welcome bonus

  • Generous VIP program for sports bettors

  • Reload bonus up to 25%

  • Over 200 props for big games

Cons:

  • Interface is subpar

  • Higher minimum deposit to unlock the welcome bonus

If you’re looking for a sportsbook to use for a long time, you might be shopping around for the best VIP program. To get the best VIP treatment possible at an online sportsbook, we recommend going to MyBookie.

Some of the standout features of the VIP program include special promotions, cashback offers, your own account manager, and more.

Betting Experience: 4.7/5 

The betting experience at MyBookie is attractive but not as top-quality as the interface we found at BetOnline. However, you can still choose from all ranges of sports – from basketball to cricket and 30 others.

One feature that we like here is that they post featured odds boosts – where hungry gamblers can take advantage of lines with some extra potential winnings. Furthermore, MyBookie is very popular among those exclusively betting on props. 

The variety you’re getting for the big games, and even the smaller ones, is genuinely insane.

Other Features of the Sportsbook: 4.5/5

Once you finish up your bets, you might find yourself with the drive to play some slots. If so, we recommend playing Triple Cash Crash and Cappadocia first. We also like how there are over 25 jackpot slots.

New Player Bonus: 4.8/5

With up to $1000 in bonuses available, this is a great way to get started at MyBookie. Since the VIP program is by invitation only, you must work up the ranks and take advantage of bonuses such as the $1000 bonus with 10x wagering requirements first.

Each time you need to reload, you can also get a 25% bonus of up to $1000. This bonus has slightly lower 6x wagering. After your first few rounds of deposits, you could already find yourself with an invitation to the VIP program.

Customer Support: 4.9/5 

The customer support team is prompt and easy to get in touch with. Simply click the plus sign located at the bottom right of any page on this site to connect with a customer support agent instantly. There is also a full help center ready.

5. EveryGame — Best Bonuses of All Sports Betting Online Platforms 

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Pros:

  • Up to $750 in bonuses

  • Low 4x wagering requirements

  • Over 20 sports offered

  • Special bonuses for NFL and NBA bettors

Cons:

  • Odds for niche sports aren’t as competitive

  • Limited collection of sports compared to our top picks

If you want the lowest possible wagering requirements for a sports betting welcome bonus, the 100% up to $750 offer from EveryGame with 4x wagering requirements is a solid deal to consider.

Betting Experience: 4.6/5 

Once you head to the sportsbook at EveryGame, we highly recommend you start by looking at the "Special Offers" page. From there, you will often get access to exclusive deals and bets. Sports available for bets include popular ones like basketball, football, baseball, etc.

However, we don't find all of the sports here that can be found at BetOnline. However, we still see rarer picks like Aussie football, eSports, and handball.

Other Features of the Sportsbook: 4.3/5

There is also a full casino available at EveryGame, complete with most classics, including video poker, slots, and progressive jackpots. If you want to play poker with other players worldwide, there is also a poker app you can download.

New Player Bonus: 4.9/5

You came to the right place if you are after a bonus with low wagering requirements. In total, there are up to $750 in bonuses available here – with low 4x wagering requirements.

These are the lowest wagering requirements found at any online sports betting site right now. Keep in mind that you must make three $250 deposits to get the full $750 bonus. You have 100 days after the signup process to claim the full bonus.

Customer Support: 4.8/5 

Help is always right around the corner when you are online betting at EveryGame. We recommend going to the help center if your problem is relatively standard. However, if you need a human response, go straight to the live chat tool. You will get a response within minutes.

Ranking the Best Online Sports Betting Sites – Our Criteria

There are a lot of different factors that make a sports betting site the best. We know what these are and took each of them into consideration when reviewing these platforms.

Betting Markets and Quality of Odds

We evaluated sports betting sites based on their range of betting markets and odds quality. This involved looking at the diversity of betting options they offer across various sports and events. We also compared their odds with other providers to ensure they provide competitive rates.

Gambling Options

In addition to sports betting, many players enjoy other forms of gambling. So, we have taken into account the diversity and quality of other gambling options available on these platforms. This includes casino games like slots, roulette, and blackjack, among others.

Customer Support

The availability and quality of customer support significantly impact the overall user experience. Therefore, we have thoroughly examined the customer service quality of each sports betting site.

Promotions and Bonus Offers

Promotions and bonus offers are important features for many bettors. We've paid special attention to the range, regularity, and overall value of promotions and bonuses offered by these sites.

Security Measures

The security of a betting platform is very important. We have looked at the security measures taken by each site, including their encryption standards, privacy policies, and whether they have licenses from reputable regulatory bodies.

Interface and User Experience

We looked at the overall user experience on these platforms, focusing on how easy it is to use the interface and navigate the site. User-friendly sites can make the betting process smoother and more fun, leading to a better overall experience.

Why is BetOnline the Best Online Sports Betting Site?

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If you are new to online sports betting, you might not be confident enough to sign up at BetOnline simply because we like it. Here are some key factors regarding why we think this is the best online sportsbook.

Solid Betting Odds: The betting odds are always the bottom line for sports bettors. Therefore, if you want to cut greedy sportsbooks with outrageous odds out of the market, joining BetOnline is a smart move to make.

All Popular Sports: Next up, we highly recommend going to BetOnline because they offer all popular sports – alongside rare sports that your local sportsbook doesn't support.

Welcome Bonus: Finally, another reason we absolutely love BetOnline is that they have a great welcome bonus – up to $1000 in bonuses for new users with fair wagering requirements.

Sports You Can Bet On Online

Football

Football is one of the most popular sports you can bet on, particularly the NFL. From the regular season to the Super Bowl, there's always something to wager on.

Soccer

Another popular option among bettors, most sites offer wagers on leagues worldwide, including the English Premier League, La Liga, Serie A, and the Champions League.

Basketball

Whether you're a fan of the NBA, EuroLeague, or college basketball, you can find plenty of betting options. You can bet on everything from game outcomes to player stats.

Baseball

Baseball provides a wide range of betting opportunities. Most sportsbooks cover the MLB, but some also offer odds for international leagues like the NPB in Japan.

Tennis

Tennis is a popular choice for online betting. Sportsbooks often offer a variety of bets for matches in the ATP and WTA, as well as major tournaments like Wimbledon and the US Open.

Golf

Betting on golf tournaments, such as the Masters or the Open Championship, is also quite popular. You can typically place bets on the tournament winner, top finishes, match-ups, and more.

Horse Racing

Horse racing is a long-standing favorite for bettors. Many sites provide opportunities to bet on races from around the world, including events like the Kentucky Derby and the Grand National.

Esports

The rising popularity of esports has led to its inclusion on many online betting sites. You can now place bets on popular games like League of Legends, Dota 2, and CS:GO.

Virtual Sports

Virtual sports betting allows you to bet on simulated sports events. This includes virtual horse racing, virtual football, and more. The outcome of these events is determined by algorithms, offering a unique and continuous betting experience.

Why Should I Place Sports Bets Online?

If you are new to online sports betting apps, you might not feel confident enough to jump into regulated sports betting online. Here are some reasons we highly recommend doing so:

More Betting Options: Betting online will often give you access to more betting options, including a live betting tool, many betting props, and more. In comparison, a retail sportsbook might just let you place moneyline, spread, and over/under bets.

Save Time & Money: Think about your time commuting to the sportsbook. Then think about all the gas money you spend doing this. Now, if you put that extra saved money on a bet, you’re likely to win more if it comes out as a winner, right?

Free Bets: You will likely never be given free bets with real value solely for walking into your local sportsbook. You will typically get free bets when you sign up and deposit for the first time on an online sportsbook, though.

Guide to Sports Betting Online – FAQ

Can You Bet On Sports Online?

Yes, you can place real money bets at each of our listed sports betting sites. If you win, you can request a withdrawal and get paid out quickly.

Can I Win Real Money with Online Sports Betting?

Yes, there are plenty of sports bettors who win money online. Most of these spend days and nights analyzing teams, betting odds, and constantly seeking value bets. 

Most of them are likely former oddsmakers, so we strongly recommend you bet online for the fun of it – and maybe you’ll win money if your predictions go through. Becoming constantly profitable with sports betting is a massive grind that will always involve uncertainty.

How Do I Choose the Best Online Sportsbook?

The first thing you need to do is consider the overall quality of the online betting experience. Look for solid betting odds, many betting options, bonus bets, live betting, and a quality interface. Finally, consider the quality of the customer support and welcome bonus.

Best Online Betting Sites – Top Sportsbooks, Compared

As a reminder, here are the top five online sports betting apps, why we like them, and their active bonuses.

BetOnline: We chose BetOnline as the top sports betting online site for today because it scored highly across all benchmarks – competitive odds, plenty of betting markets, and an intuitive live betting experience. Use the code "BOL1000" to qualify for a  $1000 bonus.

Bovada: If you want the best welcome bonus, Bovada should be where you make your first deposit for online sports betting. Sign up and deposit crypto to claim up to $750 in bonuses with fair 5x wagering requirements.

BUSR: Horse racing, anyone? BUSR offers the absolute best horse racing betting experience thanks to its dedicated Racebook section with odds for over 30 tracks across the world, as well as an 8% rebate on horse racing losses and a generous welcome bonus of up to $2,500.

How to Sign Up at an Online Sportsbook

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If you haven't yet got your feet wet using one of the top sports betting sites, we can help you get started. Here is how to sign up and activate a bonus at BetOnline.

Step 1 - Create an Account

  • Navigate to BetOnline's website

  • Select the "Join" button to initiate the sign-up process

  • Fill in the registration form

  • Enter your name, email, and country

  • Create a strong password

  • Accept the terms and conditions

  • Click "Create Account"

Step 2 - Verify Your Email

  • Open your email client or app

  • Search for an email from BetOnline

  • If you can't find the email in your inbox, check your spam folder

  • Inside the email, find the verification link

  • Click on the verification link to confirm your account

Step 3 - Open the Cashier

  • Log in to your BetOnline account

  • Click on "DEPOSIT" to access the cashier section

  • Choose your preferred payment method

Step 4 - Enter Your Bonus Code

  • If depositing with crypto, input "CRYPTO100" as your bonus code

  • For all other deposits, use "BOL1000" as your bonus code

Step 5 - Start Betting!

  • Complete your deposit following the on-screen instructions

  • Start placing bets on your favorite sports!

  • Enjoy your BetOnline betting experience

Tips and Tricks for Sports Betting Online

To maximize your sports betting experience, here are some tips to consider:

  • Use the Welcome Bonuses: Take advantage of welcome bonuses, but ensure you meet the wagering requirements on time to fully benefit from these offers.

  • Bet on Familiar Matchups: Stick to betting on sports and matchups you're familiar with to use your knowledge.

  • Consider Parlay Bets: Place parlay bets when possible to potentially improve your winnings.

  • Avoid High-risk Bets: Steer clear of betting on heavy favorites with steep odds like (-900). These typically offer little value.

  • Do Your Homework: Research team form, potential lineups, and injuries before placing a bet. This can influence game outcomes significantly.

  • Bet Responsibly: Only wager with money you're prepared to lose to ensure your betting activities remain a fun pastime.

So, What Are the Best Online Sports Betting Sites?

You’ve reached the end of our online sports betting primer – but this is only the beginning for you.

It’s now time for you to select your next favorite sportsbook and lay down some bets of your own. We’ll continue placing ours at BetOnline – but you won’t go wrong with any betting site on our list.

Good luck, fellow punters, and remember to always bet responsibly!

DISCLAIMER: Online gambling comes with risks. There’s no guarantee of financial gain, so you should only gamble with what you can afford to lose. All information on this site is for entertainment purposes only.

While gambling can be fun, it can also be addictive. If you or anyone you know suffer from a gambling addiction problem, we recommend that you call the National Gambling Helpline at 1-800-522-4700 to speak with an advisor. Please remember that our guides and all gambling sites are only for people who are 18+. Also, check with local laws to find out if online gambling is legal in your area.

For free online gambling addiction resources, visit these organizations:

  • https://www.gamblersanonymous.org/
  • https://www.ncpgambling.org/
  • https://www.gamblingtherapy.org/

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.