Best Online Sportsbooks: August 2022 Betting Site Reviews & Sign-Up Promos

Best Online Sportsbooks

Are you looking for online sportsbooks with the very best odds & betting promos? Our team at BettingInsiderJourna.com has used years of sports betting and industry analysis, to uncover some key features to watch for. From our in-depth reviews, we determined which online sports betting sites are worth signing up for in 2022.

Best Online Sportsbooks for 2022

SportsbookSign-Up Promo
Caesars Sportsbook$1,500 Risk-Free Bet
FanDuel Sportsbook$1,500 No Sweat Bet
BetMGM$1,500 Risk-Free Bet
PointsBet$500 Deposit Match
BetRivers$250 Deposit Match

Caesars Sportsbook is our #1 choice for the best online sportsbook of 2022. Caesars offers competitive odds and risk-free bets and it has a top-rated Caesar betting app for iOS & Android.

Find an Online Sportsbook That’s Best For

Even the best online sportsbooks have their strengths and weaknesses. Just like any product, we tested which features are best for certain aspects of online sports betting. Let’s see which are the stand-out features from these top-five betting sites.

Best Betting Promos: BetMGM

If its value for you’re money you want, look no further than BetMGM Sportsbook. BetMGM has continuously updated promotions giving long-term bettors remarkable offers that can’t be missed! Depending on your state, you can be looking at anywhere from 6 to 12 ongoing promos. Here are a few BetMGM promotions worth checking out:

  • $1,000 Risk-Free Bet
  • ‘Monday Money Club’: $10 Free Bets
  • One Game Parlay Insurance
  • Parlay Plus
  • 100% Risk-Free Token for Current Sports
  • Bet $10, Win $20

Unlock a $1,500 risk-free bet offer from BetMGM Sportsbook here.

Best Odds: FanDuel

FanDuel Sportsbook ranks among those with the lowest quoted pricing for a wide variety of wagers, such as straight bets, money lines, futures, and spreads, as well as often posting the best or lowest vig.

Check out this offer of the month from FanDuel, click here for a $1,500 no-sweat bet.

Among our major sportsbook rivals, FanDuel is also near the top in terms of odds selection. After an extensive performance review, we have found that FanDuel prices on the same moneylines are roughly equal to or better than others. This is especially true, for live betting where the competition typically charges 10% more vig compared to FanDuel’s extremely fair-priced betting lines for in-play betting.

Best Betting App: DraftKings Sportsbook

Having a solid betting app makes a huge difference if you are serious about betting online. That’s where the DraftKings Sportsbook app really shines, with the most downloads of any betting app for iOS and Android with excellent reviews.

The DraftKings Sportsbook app is a superior product to most other online sports betting apps. It has the look and feel of a well-polished application and performs exceptionally well for live betting and navigating to the latest odds.

Best Prop Bets: BetRivers

At BetRivers you can bet on most of the top US sports plus international and most alternative sports you can think of. BetRivers props come in all varieties of sports from NFL, NBA, NCAA Football, NCAA Basketball, Tennis, Soccer, Boxing, MMA, Racing, Rugby Union, PGA Tour, and Darts.

BetRivers are offering new customer five $100 free bets, sign-up here for this unique promo.

BetRivers has a simple sportsbook layout and an extensive list of betting lines will help you find NFL spreads, NBA odds or any other type of bet type you might be looking for. If you have a SugarHouse account, BetRivers allows you to reach your other bets easily.

Quickest Deposit & Payouts: Caesars Sportsbook

Caesars Sportsbook has one of the most effective banking options of any online sportsbook. Caesars Sportsbook offers several payment methods, including Visa, Mastercard, and online bank transfers via your local provider.

Caesars is offering a huge $1,500 sign-up bonus – click here to unlock this offer.

For withdrawing your winnings, the method you chose to use is usually the same as the one used for deposits and withdrawals. The processing time generally lasts one business day, but you may have to wait up to 72 hours.

Even before you cash out your winnings, Caesars allows users to use an early cash-out feature on certain bets. This cash-out feature lets you cash out wagers before the event is over. Either take your winnings at the specific payout amount or reduce your losses short. Caesars Sportsbook promotes this feature via the ‘Open Bet’ tab.

How To Choose Sports Betting Sites Online

There are a few key factors to look for when signing up for an online sportsbook. The first is the reliability of the site- you want to make sure that your bets are being placed with a site that is going to pay out when you win. The second is the range of betting options offered. You want to be able to bet on as many different sports as possible, as well as on different types of wagers within those sports. The third factor is the sports betting bonuses they offer for new and existing customers.

We’ve reviewed a number of sports betting sites during our thorough examination. Only the sites with the best user experience were considered for a top 5 rating, as a result, only the most important criteria were considered.

Best Online Sportsbook Features

  1. Sports Betting Promotions
  2. Best Odds
  3. Betting Props
  4. Quick Deposit/Payouts
  5. Betting App
  6. Live Betting

We’ve reviewed hundreds of online betting sites to bring you this list, but each comes with its own set of advantages and disadvantages. We’ve made sure that before selecting the finest sports betting site for you, we implemented a variety of checks. Our how-to-bet on sports successfully guide has some insider advice on the best sports betting methods.

If you are an avid MMA or UFC fan it’s worthwhile checking out our list of top UFC betting sites. That will give you a more custom view with bonuses tailored towards UFC bettors.

Online Sportsbook Promotions: Bonuses & Offers To Watch For

Lucrative betting bonuses and sportsbook promo codes are common across all online sports betting sites in order to attract new and returning customers. These bonuses come with their own set of terms and conditions that should be considered before making a decision.

First-time players at an online sportsbook can claim a new user promo. Returning sports bettors can log in and access the promos tab and see what reoccurring promos are available. These can be centered around key events such as the Super Bowl, Stanley Cup Finals, or NBA Finals. We’ll tell you about the greatest bonus possibilities so that you don’t miss out.

Best Sportsbook Promo Codes

One of the biggest attracting for new users joining online sportsbooks in 2022 is the no-brainer of getting a promo code. Other online sportsbooks can range anywhere from $20 to $3000 depending on the site and region you are wagering from. Below are some of our favorite promo codes to keep an eye out for.

  • Risk-Free Bets: If you lose the betting site will give you your money back in the form of bonus cash to be used for wagers on their site.
  • Deposit Match: One of the most common bonuses, the sportsbook will match your deposit amount, up until a certain amount.
  • Odds Boots: Once odds are boosted on your team or player, it signifies a payout increase if your bet comes through.
  • Seasonal Promotions: check your sportsbook offers around Thanksgiving, NBA Finals, and Super Bowl for these seasonal offers.

Best Sports Betting Odds

Knowing what sites offer the best-valued odds is essential for growing your bankroll. Using an odds comparison site can really assist with this, or just manually compare sportsbooks to see where you can make some last-minute line shopping deals.

Most betting sites will offer live odds for all major games. So if you are looking to wager on NBA or NFL this weekend, make sure you check out the live odds via your sportsbook app to see the betting line and spread move in tandem with how the game is being played out.

Best Deposit & Withdrawl Options

The process of depositing to an online sportsbook of choice can seem daunting at first. Once you find the right deposit method and withdraw option, it becomes a breeze.

Online Sportsbook Deposit Methods

The most common types of sports betting site deposit methods are Mastercard, Amex, Credit Visa, Debit Visa, PayPal, P2P, PaySafe Card, eWallet and Bank Transfer.

Be sure to see what your online sportsbook’s minimum deposit amount is, for those last-minute deposits that don’t leave a dent in your bank account.

Withdrawal Options at Online Sportsbooks

The majority of the same deposit options are also available for withdrawing your winnings from a sportsbook. One tip is to check out the fastest withdrawal times from the site of your choice, so you can get paid in a timely fashion.

If you are looking for more advice before betting, check out our how to bet on sports successfully guide. It lists 10 vital tips that will enhance your chances of becoming a more profitable bettor.

Using a sports betting app can enhance a bettors live betting experience

Online Sportsbook Customer Service

One remaining key indicator of a top-rated online sportsbook is five-star customer service. We examine the various communication methods through which customers of online sportsbooks can receive assistance.

Secondly, the time frame between a question submitted from a sportsbook account to hear an answer back is vital too. This can include customer service via telephone, email, or live chat. Many online sportsbooks also have a FAQ section on their website where customers can find answers to common questions.

Best Sports Betting Apps for 2022

In addition to providing sportsbook reviews, we also have you covered for mobile sports betting apps and reviews of online sportsbooks mobile sites.

The factors to consider when selecting the best mobile sports betting apps include:

  • Compatible with multiple devices
  • Range of betting markets
  • User friendly
  • Available betting promotions
  • Helpful customer service
  • Security & safety features
FanDuel Sportsbook App

As sports bettors are on the move more than ever, the need for mobile sportsbooks is essential. With a highly competitive market that’s continuously evolving; sports betting apps are widely available from most major sportsbook operators. These apps have simplified the desktop versions of their sites into a seamless user-friendly mobile experience.

Best Sports Betting Apps for US players

  1. DraftKings App
  2. BetMGM Sportsbook App
  3. BetRivers App
  4. FanDuel App
  5. Caesars Sportsbook App

How to Create a Sports Betting Account

Creating a sports betting account is relatively easy. Most online sportsbooks will require you to fill out a simple sign-up page. You will also need to choose a username and password for your account. Once your account is created, you will need to deposit money into it in order to start betting.

  1. Pick an online sports betting site
  2. Sign-up
  3. Make a deposit
  4. Start betting

Online Sportsbook Reviews for You

We are a small, unbiased team that has assisted many bettors in locating the most trustworthy online sportsbooks. We have you covered whether you’re looking for sportsbook reviews of sites & betting apps based in the United States, Canada, or elsewhere around the world. There are even regional-specific betting apps, like NY sports betting apps for those of you in The Empire State.

We examine the most important features and user experiences to discover what sports bettors actually require. Best sites for online sports betting have a variety of deposit options, quick payouts, and high bet limits are just a few of the benefits. We have reviewed over 200+ online betting sites, to provide you with only the best sports betting sites available.

Online Sportsbooks FAQ

What is a mobile sportsbook app?

This is a verified app from the official online sportsbook. These are essentially the same as sports betting apps and the sportsbooks have these apps ready and available on Android and iOS.

What are the benefits of using a sports betting app?

The main benefit of using a sports betting app is to have a simplified sports betting sites experience that’s formatted for a mobile device. The most essential functions such as markets, live odds, deposits and withdraws are clearly visible.

Which sportsbook has the quickest payouts?

Most online sportsbooks will process payments immediately back into your betting account. It’s cashing out those winnings that can be more timely with anywhere from 7-10 business days or under 24 hours for Bitcoin payments.

Are Online Sports Betting Sites Safe?

Online sports betting sites are reasonably safe in general, provided that you use a reliable website with positive reviews. However, as with everything else, you should do your due diligence and research the site. Most important of all always gamble responsibly and remember sports betting is purely for entertainment not to supplement your income.

Why do the odds differ depending on the sportsbook?

Every sportsbook has its own way of setting the odds, so there may be slight variations among betting sites. Online sportsbooks provide various odds to make sure they keep losing profits to a minimum and attract potential bettors with generous odds.

What is a risk-free bet?

Risk-free bets let you wager with real money with less to lose. If you win, it’s settled and your winnings are credited as normal. If you lose, the stakes up to the specified dollar amount of the guaranteed bet, are credited back to your account in the same form you placed it with.

Is Sports Betting Online Legal?

In the United States, most states have allowed online sports betting, with New York going live prior to Super Bowl 56. Depending on your region outside of the U.S. most countries allow regulated online gambling.

Why We Review Online Sportsbooks?

We aim to be an industry leader in the sports betting news and sportsbook review space. If you see a sportsbook that isn’t here and would like us to review it. Please contact us here.