Chico Poker Network
BetOnline Poker Overview
- Rakeback Date Permanent
- Rakeback Payment Poker Account
- Rake Method Calculation Weighted Contributed
- Cashout Duration 24 hours
- Cashout Payment Direct Cashier
- Trackers Support Hand Grabber Required
- High Stakes Action Up to NL1000
- MTT & SNG fees Included in rakeback calculation
BETONLINE POKER RAKEBACK DEAL
Players who register at BetOnline Poker via RakeAdvisory benefit from the following:
- Welcome Bonus: 100% up to 1,000$
- VIP System: Earn Comp Points to exchange into tournament tickets
- BetOnline Promotions: Daily Cash Race, Bad Beat JackPot, Sit & Go Leaderboard
- Special Rewards after Welcome Bonus expires
BetOnline Poker Review
BetOnline is a major website that offers betting, casino games and poker since 2001. It has a wide variety of games at various buy ins, a good software, reliable payment options and a good amount of traffic. Now let’s dive deeper into it, in this BetOnline Poker Review.
The company started in 1991 as a bookmaker and got online in 2001. They initially used the software platform of the former Chico and later on developed their own software in 2016 (with the help of Connective games). The software is good and reliable and it is also used by SportsBetting Poker.
BetOnline Poker Bonus and Rakeback
In the first few years they didn’t offered any bonus at all to poker players. But eventually they realized that this was not ok, and they added one of the best bonuses for poker websites. This consists of 100% of the initial deposit, up to $ 1,000.
Just like on any other website, this money is not available on the spot. There is a certain system in place that allows you to gradually release this bonus. For example, if you play at a No Limit table of $ 0.05 / $ 1, you can release around $ 3 per hour, which is quite good compared to other websites which have an average of $ 1.5 per hour.
The rakeback system works by offering you points each time you contribute rake to cash games or tournament entry fees. So the more you play, the sooner you can release the full bonus. The conversion is simple and straight forward – for every 1,500 points that you have, you will get $ 5 in cash.
You then have 60 days to release the bonus, which is a very reasonable amount of time. The only down side is that you have to e-mail customer support in order to activate the bonus. In the modern times that we live in where everything is automated, this seems like an unnecessary step.
BetOnline Poker Promotions
BetOnline Freeroll Ticket
Most players tend to avoid freeroll tournaments because you play against thousands of other people and you barely win some small prizes. But it’s not the case on BetOnline. The freeroll entry that you get is for a tournament with a prize pool of $ 10,000, which definitely surpasses all the competition.
The tournament takes place every week, and the average number of competitors is 300. The usual buy-in for a tournament is the total prize pool divided by the number of players. So in this case the value of the buy-in that you get would be $ 33. You get it even if you only deposit the minimum of $ 25, so it’s definitely a good deal.
It doesn’t even seem to have a time limit, so you can redeem it whenever you want. But things might change in the future, so better to redeem it sooner and try your luck.
Comp Points and Leaderboard Prices
You don’t get points only for the initial bonus. You get them all of the time, and you can then use them to enter daily tournaments with attractive prizes.
They also offer pretty good prizes for Sit & Go leaderboards. There are actually 3 different ones (under $ 2, under $20 and above $ 20), so everyone has a chance, regarding of the level they play at.
The leaderboards are updated in real time and they reset every week. There are not that many participants, so recreational players have a chance too. The total offered prizes add up to $ 5,000 which is quite good.
BetOnline also has other occasional promotions for both cash games and tournaments. Overall their bonus system is really attractive and competitive.
BetOnline Poker Rake Structure
|Stakes||Rake %||Rake CAP at HU Tables||Rake CAP at 4-max/6-max/FR tables|
|NL2 - NL6||5.5%||$0.25||$0.5|
|NL25 - NL50||5.5%||$1||$2|
BetOnline Traffic and Currency
The traffic is very good, especially for the competitive and strictly regulated US market. BetOnline is the third (sometimes the second) website in the US when it comes to traffic.
There are always active tables, no matter the limits that you choose. The deposits and cash-outs are fast and easy, so players tend to play loose games and are more likely to spend more.
The most traffic is found in cash games, and at peak times there are around 2,000 players online. For lower limits of up to $ 1 / $ 2 there are 10-20 active tables all the time, while up to the $ 5 / $ 10 limit there are even more tables.
Even Omaha tables are full, and you can find up to 10 games going on at any hour of the day or night. While most websites focus on 6 seats games, BetOnline also has active 10 seats games that have players all the time.
Most tournaments they make have around 300 players, and Sit & Go games have enough action so the waiting time is not that long.
As most of Chico's traffic comes from American and Canadian players, all games run in USD.
BetOnline Poker Software
As mentioned above, in 2016 they created a brand new and much better software, that is now one of the best in the US. One year later, they also added the highly useful and addictive mobile app.
This means that users can play some poker wherever they want, whenever they have a few spare minutes. The app is compatible with all devices and both Android and iOS. It works great and has plenty of useful features, including multi tables (up to 4), chat bubbles and a cashier.
The lobby has a standard layout that is easy to understand and allows you to add filters in order to see just the type of game that interests you the most. While the number of hands per hour is not shown, we counted around 60 hands per hour for tables with 10 seats, and around 70 hands for 6 seated tables.
There is also a feature that allows you to create a list of friends to play with, or fish to follow around or people to avoid, which comes in very handy for those who are not using a tracking software.
They have multiple games, and besides the classic Texas Hold’em and Omaha, you can also play Americana, 32 Card Draw and the 7 Card Stud. The overall graphics are attractive, so you won’t easily get bored with the games. You can also change certain colors and designs, and customize your avatar.
When playing, the remaining time to act is displayed clearly, and you also have a time bank for those hands when you need more time to make an important decision.
BetOnline Deposits and Withdrawals
The website offers plenty of options for both deposits and withdrawals. The most advantageous one seems to be the Bitcoin, because you can have the minimum deposit of $ 20 and it will 100% be accepted. Payouts in Bitcoin are anonymous and they are processed in about 1 day.
When it comes to American credit and debit cards, BetOnline has a success rate of 90 – 95 % which is great news. Even if you card was declined at another poker website, you still have good chances of it being accepted here at BetOnline.
Transactions are quick and reliable, making this website the leader on the American market. The minimum deposit is that of $ 50, while the maximum is $ 500.
Other accepted methods are those of cash transfers through services like Western Union and Money Gram. The minimum for both is $ 50, while the maximum is $ 700 for Western Union and $ 600 for Money Gram. These methods do have some fees, but if you transfer more than $ 300, then BetOnline will support them.
They also accept wire transfer (with a minimum of $ 1,000), book to book (with a minimum of $ 500), cashier’s check (with a minimum of $ 1,500), money orders (with a minimum of $ 300), Litecoin and Ethereum (with a minimum of $ 20). All of these methods are 100% to be approved.
So as you can see, BetOnline really has a lot of options for deposits. But there are plenty to choose from for payouts as well and you will have the money in up to 24 hours, which is great.
They have a solid reputation when it comes to payouts, and never had any scandals or issues. The best option is also the Bitcoin, allowing you to benefit from the minimum accepted amount of $ 20, and a fee of just 2%. These are some of the best terms in the industry when it comes to payouts.
They also offer Express Checks via courier, Standard Checks via courier, Checks via mail, Money Gram cash transfer, ATM cards, wire transfers, Skrill and Neteller. Each of these options have their own processing time, as well as various accepted minimums and maximums.
Overall BetOnline is a great place to play poker for US players, offering some of the best bonuses and cashier options in the industry. They have enough games and buy in levels to suit all types of players, and plenty of traffic day in and day out. You should definitely give it a try!