BetOnRed review
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BetOnRed betting bonus
The BetOnRed welcome bonus package consists of three deposit bonuses with a total bonus amount almost four times the median bonus offer in Canada. The first deposit bonus is the most generous one as it’s a 100% bonus, whereas the rest match a fraction of your deposit in bonus money.
You trigger the bonus offer on your deposits, meaning you don’t have to wager your deposit at some minimum odds to get the bonus money.
Bonus | Offer |
---|---|
First deposit | 100% up to $150 |
Second deposit | 75% up to $250 |
Third deposit | 50% up to $300 |
Bonus packages of this kind are rare in Canada. If you’re into betting bonus, we recommend you claim the bonus and choose BetOnRed as your next betting site.
Bonus terms
The bonus terms are the best in Canada among Curacao licensed betting sites. With only five times the bonus amount WR, you shouldn’t find it difficult to complete the requirement within the 14 day period.
Wagering requirement (WR) | 5x bonus |
Minimum qualifying odds | 1.40 each event on parlays of 3 events or more |
Minimum qualifying deposit | $30 |
Sports restrictions | N/A |
Time to complete WR | 14 days |
Restrictions | Early cashout, System bets, Void bets and any Casino bets |
However, to complete the WR, you must place parlay bets with at least three events on the bet slip. Moreover, the minimum odds of each of the events must be at least 1.40 or -250.
Betting promotions for registered customers
We don’t like that both casino and betting promotions are mixed together. It’s just creating more confusion among audience that has other things to worry about, not if the offer they is available to them or not.
BetOnRed is not keen on bonuses, such as a conventional reload bonus or booster odds. Instead, you can get Bet & Get offers, or get Insurance on matches in the knockout phase in the European Semi-finals.
Champion of the Week | $5,000 |
Weekly Free bet | Up to $150 |
Big Sports | 35% free bet |
Semi-finals No Risk Bet | $50 Insurance |
Bet & Get | Up to $30 |
Multiply with Comboboost | 1.5x multiplier |
The Big Sports offer and the Bet & Get are available on all sports, just make sure you check the terms as they vary a lot. In addition, while they say customers should only opt-in, the terms are subject to change. Once you lock in the offer, the terms can’t change.
Overall, we like the approach, but customers who are new to online betting will be confused by the various betting offers and the confusing terminology used to explain the bonuses and promotions.
VIP program
The VIP club at BetOnRed is rather complex, but they’ve made sure to explain all aspects. You can progress up the levels by betting. Each $30 bet bring you 1 point. To get in the Silver level you must wager 500x$30= $15,000. To to the Gold level you must wager this amount times 100, which is more than $1,000,000 in bets. It’s unrealistic that any casual player will see any benefit from the VIP perks.
Level – points required | Cashback boost | Monthly rakeback | Weekly rakeback |
---|---|---|---|
Bronze | 0% | 0% | 0% |
Silver – 500 | 1% | 2% | 0% |
Gold – 50k | 2% | 3% | 4% |
Platinum 3m | 3% | 5% | 5% |
As far as the perks go, the focus is on rakeback and cashback boosts.
It’s a well-structrured loyalty program, but it’s not something you should force. Then again, BetOnRed covers the essentials, making it a decent betting platform for casual betting.
They’ve made sure to include FAQs for the terms they use in the VIP club, such as rakeback and how Exclusive Tournaments work.
Banking at BetOnRed
The cashier is easy to use, but the deposit and withdrawal options are limited. So far, BetOnRed has the most limited payment options out of all Canadian betting sites we’ve reviewed.
You can deposit with cards, prepaid cards, online banking and crypto.
Depositing with CashtoCode at BetOnRed
Despite the limited depositing options, CashtoCode is accepted at BetOnRed. You can deposit between $30 and $1,500. The operator decided to raise the minimum deposit limit of $15 to $30.
Here’s how you can deposit at BetonRed with CashtoCode.
- Visit BetonRed by clicking on the Play button.
- Register an account and verify your email.
- Select CashtoCode in the cashier as your deposit method.
- Provide the amount you wish to deposit.
- Provide the 20-character PIN code on your eVoucher.
- The transaction is complete, and you can place your first real money bet in a couple of minutes.
Other deposit methods
Besides CashtoCode, you can deposit with Interac, VISA, MasterCard and Neosurf if you want to deposit in CAD. If you’re comfortable with crypto, you can take advantage of the much more wide deposit limit that goes in the six digit area.
Deposit method | Limits |
---|---|
Interac | $30 – $3,000 |
MasterCard | $30 – $3,000 |
VISA | $30 – $3,000 |
Neosurf | $30 – $3,000 |
Crypto | $15 – $145,969 |
The deposit methods that are missing are MuchBetter, MiFinity, Payz and eZeeWallet. It’s also strange that BetOnRed require at some cases more than double as a minimum deposit per method. This also means you get to qualify for most bonuses that have come with a minimum qualifying deposit of $30.
Withdrawal methods
They are transparent, but this doesn’t mean we can spare them for their lack of withdrawal options. BetOnRed almost forces you to withdraw with Interac e-Transfer. It’s the most common payment method at Canadian gambling sites. Your other alternative is eCashout which many of you may not have heard about.
Deposit method | Limits |
---|---|
Interac | $50 – $5,000 |
eCashout | $50 – $5,000 |
Crypto | $50 – $5,000 |
Another thing we really don’t like is the huge difference in depositing and withdrawing limits for customers who transact in crypto. It’s not fair to be able to deposit more than $140,000 yet you can withdraw only $5,000 per withdrawal.
Also, there’s no mention of improved withdrawal limits for VIP customers.
Customer support
You can start a live chat with the customer support agents by clicking on the floating button in the bottom right corner. If there are any technical issues that affect all customers, they provide a notification so you are informed they are aware of the issue.
Live chat | Less than a minute |
Email support | support@betonred.com |
Phone support | Not available |
FAQs | Yes, decent |
There’s no phone support, and you can use email support if you prefer it. The FAQ section is structured nicely, but they can expand the topics. Nevertheless, the most important issues customers can face are well covered and concisely explained.
Is BetOnRed safe?
BetOnRed maintains a high 4.4 rating on Trustpilot, one of the highest among Canadian betting sites that are licensed in Curacao. It has over 800 user reviews, and none are verified by Trustpilot. This can be seen as suspicious, but they seem like genuine reviews.
Trustpilot rating | 4.4 |
Launch date | 2022 |
License | Curacao |
Parent company | Uno Digital Media B.V. |
Affiliate program | Betmen Affiliates |
The sportsbook is operated by Uno Digital Media which has a similar platform to Rabidi N.V., but is a bit limited in some areas.
Overall, considering all the positive user reviews, we can recommend BetOnRed as a good pick for both casual and serious bettors.
Betting with BetOnRed
We noticed that BetOnRed likes to display different eSports games as separate sports. This can be confusing, but it also hints that eSports is important to their customers. This also explains why there are betting promotions that emphasize eSports betting.
The sportsbook includes the top tier leagues and the more niche tournaments that can be of interest to more serious bettors.
However, we couldn’t change the odds format, meaning we were stuck viewing the sportsbook with decimal odds only. We later had to convert them to carry out our odds comparison.
Lastly, there’s no clear focus on American sports. We tried to find settings that could change this, but to no avail. You can use the search bar to find your favorite league or team.
Betting features
There’s a bet builder available for pre-match betting and there’s a strong emphasis on player props. More popular events even get special bets. You can combine all of these with the provided Bet Builder. However, there’s nothing out of the ordinary.
BetOnRed has a Quick Bet feature which allows you to place bets with a single click or tap. You don’t have to confirm the bet in your bet slip. Consider it like the one tap purchase at Amazon. It’s a great feature if you want to place a complicated parlay bet in the last minute.
Early cashout is also available on both live and pre-match betting. However, there’s no sign of partial cashout, like it’s available at 1Bet.
Live betting
Finding the live betting button is like finding a needle in a haystack. We nearly missed it! You can access all live betting odds by clicking on the LIVE button in the top left corner. The betting markets are neatly organized which enables you to get a good overview if there are any opportunities worth placing a bet on.
What we didn’t like here is how to filter the live odds, you can only use the top horizontal bar or the search bar. The latter is fine, but it’s very easy to confuse the vertical sports bar on the side with the horizontal live odds filter. Using the first one takes you to pre-match odds.
Live streaming
Live streaming is partially available. BetOnRed offers a Live Tracker, which is more of a commentary than a stream. It shows the game stats and a rudimentary commentary of the game. Again it’s fine, but it can’t match the thrill of live betting with a live video feed.
If you’re looking for a betting site that offers live streaming you should check out 1Bet or SG Casino Sportsbook.
Odds comparison
The odds comparison showed that BetOnRed has the same odds as the wider Rabidi N.V. family featuring BetRiot in this case. 1Bet comes with more betting features and top class live streaming, but the betting margins are twice as high.
Chicago White Sox vs Atlanta Braves | BetOnRed | 1bet | BetRiot |
---|---|---|---|
Home | +185 | 179 | 185 |
Away | -230 | -250 | -230 |
Margins | 4.77% | 7.27% | 4.77% |
Speaking of margins, there are no promotions that might boost your odds at BetOnRed. The provided betting bonuses are the only mechanic you can use to increase the chances of winning in the long run. The minimum qualifying odds of 1.40 per match means you should find it easy to find less risky bets.
BetOnRed app and user-interface
We have mixed feelings about the user interface. At first it seemed easy to use and straighftorward, but once we tried to put it in practice, it was confusing. We had trouble changing between different sports in the live betting section, and we also find it tricky to check the bonus terms. All the details are available, but finding them was a difficult on mobile.
We advise you to use the search bar whenever possible. The provided filters can cause chaos and put you in position to miss out on good live betting opportunities.
You don’t have to download the app, but if you have an Android smartphone, you can get the app directly from BetOnRed. The app is not available on in app stores.
Conclusion
BetOnRed isn’t cut for bettors who want a simple betting experience, especially for ones based in Canada. It has the necessary betting features, it has a nice selection of promotions with a VIP program, but you don’t use these on a daily basis. However, you will get frustrated with the countintuitive filters.
It’s a safe betting site that’s not designed for serious bettors who prefer live betting over pre-match betting.
Alternatives of BetOnRed
Considering there’s no live streaming, the first recommendation we have to make is 1Bet, which outlcasses its competition in Canada, at least out of Ontario. Next is the SG Casino Sportsbook, which has a better user interface, which has no confusing elements whatsoever.
Last but not least we like to highlight Sportuna, which is by far the best place for casual betting.
FAQs
Yes BetOnRed is a safe betting site licensed in Curacao. The sportsbooks is operated by Uno Digital Media B.V. It maintais a very high 4.4 rating on Trustpilot which is a strong indicator of reliability, despite its subpar license.
Yes, you can cashout bets early if you want to reduce volatility. Early Cashout is available on pre-match and live bets. You can cashout directly from your betslip. There are no out of the ordinary terms that apply to Early Cashouts.
No, you don’t need bonus codes to claim bonuses at BetOnRed. Simply follow the instructions on the screen once you enter the Promotions page. Alternatively, you can check your account from the sidebar on the left for promotions that are available to you.
No, BetOnRed doesn’t offer live streaming. The closest it gets is their Live Tracker, which shows basic stats and commentary of the game.
Our odds comparison showed that the BetOnRed odds are decent, better than what some other sportsbook have to offer. Unfortunately, there are not boosted odds promotions that can further reduce the betting margins.
Specification: BetOnRed review
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