The Best Online Sportsbooks for 2020

Are you searching for a quality site for online sports betting? Our team at Betting Insider Journal uses expertise from years of sports betting and industry analysis to review the top ranked betting sites for you.

Betting Insider Journal Philosophy

We are a small unbiased team that have helped countless of bettors find the most trusted online sportsbooks.

We review the key features and user experiences to find out what sports bettors really want. Such as large welcome bonuses, betting apps, range of deposit options, quick payouts and high bet limits.

Below our are top list from over 200+ online betting sites we reviewed in the past year.

Our Top 5 Sports Betting Sites for 2020

RankBetting SiteBonusBet Now
1.MyBookie SportsbookUp to $1,000 First Deposit Bonus. Match 50% of your first deposit in Free Play.Visit MyBookie
2.Bovada SportsbookMake a deposit and instantly receive a 50% bonus up to $250.Visit Bovada
3.BetUS Sportsbook100% Sign-up Bonus up to $2500 on your first deposit.Visit BetUS
4.BetNow Sportsbook100% welcome bonus up to $1000.Visit BetNow
5.5Dimes SportsbookSign-up bonus offers up to 50% in free cash on deposits of $100-$2,000.Visit 5Dimes

How To Choose a Top Site for Sports Betting

We tested various betting sites in our extensive review process. To sure only the best sites were recommended and given a top 5 ranking. These were the key factors that we took into account.

Key Factors That Matter Most to Sports Bettors

  1. Secure and simple banking transfers with no fees
  2. Large bonuses and regular promotional offers
  3. Wide range of sports and events to wager on
  4. Competitive odds for bigger profits

While each site listed above met our strict checks, they are not without their pro’s and con’s. Knowing that, we’ve listed various checks in place before choosing the right sports betting site for you.

Best Betting Site Features

  • Bonuses
  • Betting Options
  • Banking
  • Promo Codes
  • Betting Apps
  • Live Betting

Online Betting Sites Bonuses & Promotions

Every online sporstbook will offer an array of bonuses and promotions to entice new and returning players. There promotions comes with their perks but also have terms and conditions that should be read before commiting.

From no deposit welcome bonuses for first time players, to reload bonuses for those who need an account top up. We list the best bonus options you should keep an eye out for.

Types of Sportsbook Bonus Offers:

  • No Deposit Bonus – Gives players a chance to win money with no risk, using a small amount.
  • Risk Free Bet – If you lose the betting site will give you your money back in the form 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 sportsbooks offers around Thanksgiving, Boxing Day and Super Bowl for these seasonal offers.
  • Reload Bonus – Added cash as an incentive for reloading your betting account, can’t beat it!

Line Shopping

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.

Best Banking Options

The process of funding your sportsbook of choice can seem daunting at first. However, once you find the right deposit method and withdraw option, it becomes a breeze.

Common Deposit Methods

The most common types of sportsbook deposit methods is Mastercard, Amex, Credit Visa, Debit Visa, PayPal, P2P, PaySafe Card, eWallet, Bank Transfer and last but not least a good old fashioned check.

Be sure to see what your sportsbooks minimum deposit amount is, for those last minute deposits that don’t leave a dint in your bank account.

Fast Withdraws Options

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 withdraw times from the site of your choice, so you can get paid in a timely fashion.

Full List of Top Ranked Sports Betting Sites Betting Insider Journal Has Reviewed:

Why we review these sites?

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

#1 European Betting Site

Betway Sportsbook

Betway Logo Image banners

Betway is our number best online sportsbook for Europe, Betway represent the gold standard of betting on a global scale. With a wide selection of UFC, boxing and football betting markets, all available on a functionally seamless desktop and mobile Betway site. An important note is that it is not available to US players.

Betway sign-up promo here.

MyBookie Sportsbook

Bet on MyBookie

MyBookie have excelled in recent years and are now the #1 choice for US bettors across the country and beyond. They offer quick payout times and accept bitcoin as a deposit method. We were impressed by the props builder engine, which allows used to customize their wagers. MyBookie sportsbook offers a wide variety of combat sports to bet on and the latest NBA, NFL, MLB & NHL odds & betting lines.

Bovada Sportsbook

Bovada is a household name and one of the best sportsbook’s for US players. Known as Bodog outside of the US. They are the industry standard when it comes to betting on UFC and boxing. Offering the best odds for NFL odds, MLB lines and NBA betting lines. Bovada offer consistently secure and transparent banking options to get you up and running.

BetNow Sportsbook

Bet on UFC

In our review of BetNow we found it to be a superb online sportsbook for all your UFC betting odds, football odds and generous NFL lines. They offer a 50% welcome bonus up to $1000, with a minimum deposit of $20 with Credit Card and Bitcoin among four other deposit options to get you started. Other BetNow incentives include a refer a friend promotion and Life VIP bonus program that treats dedicated players to 10-15% bonus on added deposits.

5Dimes Sportsbook

Bet at 5dimes

5Dimes sportsbook have an extensive UFC betting line selection with betting options with a sign-up deposit that offers reduced vig (juice). They’re betting interface mightn’t be the most user friendly, but they make up for that with generous odds and variety of betting markets.

BetOnline Sportsbook

BetOnline has one of the biggest bonus sizes to offer to new and existing players. They offer a safe and evolving sportsbook platform and are really turning heads within the betting industry. The key positives about BetOnline is their high bet limits, being the first to post UFC betting lines and vastly improved live betting options.

BetOnline sign-up promo here.

Outside of our top five online sportsbooks are more top rated sites we have reviewed below. These sites can have unique seasonal sports betting promotions and offer highly competitive odds that’s worth keeping an eye on.

GT Bets Sportsbook

GTBets.ag offers a 100% cash sportsbook deposit bonus up to $500 on your first deposit, and 50% cash bonus up to $250 on your second deposit. You can earn the ability obtain 5%-50% on every reload bonus for life. They also accept VISA, MasterCard, Amex, Bitcoin, and Cash options are now all available!

Deposit at GTbets now to receive the top welcome bonus online.

SportsBetting.ag Sportsbook

SportsBetting.ag offer all the same betting odds as BetOnline as they are under the same company. In 2019 SportsBetting have a minimum deposit of $55 in order for the bonus to trigger. 

That’s – 50% up to $1,000. Min deposit – $55. Take advantage of 50% up to $1,000 by signing with SportsBetting.ag here.

Xbet.ag Sportsbook

Bet on Xbet

Xbet excel by offer new players more competitive odds than other competing betting sites. They are of the most secure offshore betting markets and offer a 100% sign-up bonus up to $300 that applies to Xbet sportsbook or casino.

Xbet also have a juicy 50% reload bonus up to $250. It’s important to note that the minimum payout amount is $100 USD except for Bitcoin, which is $25.

Check out all the sign-up promotions Xbet.ag have to offer.