BetPhoenix Sportsbook Bonus

Rollover requirements must be met in sports, casino,s or horses depending on the specific bonus. As with all bonuses and promotions offered by Betphoenix.ag all rollovers and play through periods must be completed before any withdrawal can be processed.

Bonuses and Promotions Rules

All of our bonuses and promotions are intended for recreational players, any customer who is deemed not to be a recreational player is not eligible for any bonuses or promotions of any kind at any time. Customer who reside outside of the Americas need to contact our support team to verify if they are eligible to receive bonuses.

We reserve the right to deny or reverse any bonus and winnings derived from such bonuses at any time if we deem a customer not to be eligible to have received it.

Free Play Rules

Free Plays can only be used on any of the 4 major sports (point spreads and totals only). Moneylines are only allowed for Baseball.

Free plays can be used ONLY in the following wager types.

  1. Straight wagers on side, totals
  2. Parlays up to a maximum of 3 teams
  3. Teasers up to a maximum of 2 teams
  4. Money Lines must be between -200 and +200.
  5. Buying points is not allowed in free plays.
  6. Free plays will show separate from the customers cash balance and can only be used to wager on sports, rollover requirements must be completed in sports, no casino or horse action will count towards the rollover.
  1. Proposition bets or futures are not allowed
  2. Restricted games cannot be parlayed or teased.
  3. Maximum payout for any Free Play is $5,000.
  4. Maximum wager limits established for each sporting event will apply when using a free play.
  5. Free plays are restricted to the Winnings Only. The free play amount risked will not be returned to the player when a free play wager results in a win for the client.
  6. Free play funds cannot be used to bet Asian handicap lines in soccer.

Rollover Calculation:

The formula for the rollover calculation for free play bonuses will be as follows:

  • Deposit + Transfer Fees (if any) + Free Play winnings (if any) x the specified rollover requirement of the bonus
  • Important Notice: Maximum winnings allowed from any free play wager is $5000, any amount won above this figure will be reversed. All rollovers and hold periods must be completed before a withdrawal can be processed.

Cash Bonus Rules

Cash bonuses are awarded as special offerings from time to time and are extended for a limited time to eligible clients.

Rollover requirements must be met in sports, casino,s or horses depending on the specific bonus. As with all bonuses and promotions offered by Betphoenix.ag all rollovers and play through periods must be completed before any withdrawal can be processed.

Rollover Calculation:

The formula for the rollover calculation for cash bonuses will be as follows:

Deposit + Transfer Fees (if any) + Cash Bonus x the specified rollover requirement of the bonus; Casino Bonuses are non-cashable unless otherwise stipulated in the promotion.

BetPhoenix.ag – Founded in 2007, BetPhoenix.ag has seamlessly united sports betting enthusiasts from around the globe. The Costa Rica-based sportsbook, Racebook, and live casino have the unique ability to cater to players that speak English or Spanish, as well as Chinese or Vietnamese. Bringing together the Western and Eastern gaming markets put BetPhoenix in position to offer some of the best odds, customer service, and bonuses in the industry.

BetPhoenix Review

BetPhoenix.ag – Founded in 2007, BetPhoenix.ag has seamlessly united sports betting enthusiasts from around the globe. The Costa Rica-based sportsbook, Racebook, and live casino have the unique ability to cater to players that speak English or Spanish, as well as Chinese or Vietnamese. Bringing together the Western and Eastern gaming markets put BetPhoenix in position to offer some of the best odds, customer service, and bonuses in the industry.

You can already infer that their customer service is second to none since they are able to accommodate players from so many different backgrounds. What you may not know is the numerous ways that BetPhoenix allows you to fund your account. Many players like the safety and security of Bitcoin, the innovative cryptocurrency that is completely digital. With Bitcoin deposits ranging from $50-5000, it has never been easier to start betting today. Along with Bitcoin, BetPhoenix accepts deposits from Skrill/Moneybookers, Visa, Neteller, Person To Person, Person-2-Person, Bank Check and Bank Wire. Choose whatever method works easiest for you.

Special deposit bonuses are available depending on the method you choose to fund your account. An exclusive Bitcoin bonus is available for first-time deposits. Also for first-time deposits, signing up through BangTheBook could get you up to 175 percent in free play with just a $100 minimum cash deposit. Rollovers do apply. Credit card deposit bonuses are also available, as well as referral bonuses, reload bonuses and casino bonuses.

Withdrawals are painless as well, with checks and person-to-person transfers available. Withdrawals can take up to 10 to 14 days on the high end, but most are processed much faster than that. Peace of mind is so important to account holders. BetPhoenix accepts payout requests from 8:00 a.m. ET to 2:00 p.m. ET Monday through Friday and process them as quickly as possible.

The sportsbook at BetPhoenix has a user-friendly interface with up-to-date odds and no shortage of betting options. Bet on the NFL, NBA, MLB, and NHL, as well as the non-major sporting events like tennis, golf, racing, boxing, MMA, and soccer. All of the bet types that you are accustomed to are offered at BetPhoenix, with standard bets, money lines, “If” bets, Round Robins, parlays, futures bets, and so much more. BetPhoenix also offers clients the chance to buy points.

As great as the sportsbook is (and believe us, it is great!), the top feature at BetPhoenix.ag just might be the casino with a live dealer option. Enjoy all the same elements as a real casino without leaving your couch or home office. Play baccarat, blackjack, and roulette without having to stack up your bets or wait for slow players. That’s one of the top characteristics of BetPhoenix. Everything is built for efficiency. They know their players and they know how things are supposed to run.

That’s also true of the excellent Racebook, which offers a 15 percent rebate on net losses each week for those that meet the program terms and conditions. If you’re unfamiliar with the types of bets, but want to get some adrenaline pumping with the ponies, take advantage of BetPhoenix’s complete horse wagering guide with a glossary of terms and helpful handicapping strategies.

BetPhoenix is all about the customer and all about providing a good experience that makes you want to keep coming back for more. Sign up through BangTheBook for an exclusive bonus opportunity and join other like-minded gambling enthusiasts from around the world!

Withdrawals with credit cards are not available at the BetPhoenix Sportsbook.

Going Above and Beyond

Shortly after registering for an account, we received a phone call from BetPhenoix’s account services team to check up on us and see if we had any questions. An email from the same representative followed not long afterward. That prompt follow-through was a breath of fresh air for an industry that’s not always known for great customer service.

Moreover, BetPhenoix also has a live chat system to help answer any questions or troubleshoot issues. In our experience, questions were answered within minutes by an agent — a real person, too, not a bot.

Again, though, in recent years, there haven’t been too many complaints alleging this. Some may have gone unreported, but it’s certainly possible they have changed their ways.

A Personal Opinion on BetPhoenix Sportsbook

What We Like About BetPhoenix

Their backend and sportsbook menu is pretty solid, and while they’re certainly not what we would call a trustworthy site in the US market, their ratings at major watchdog sites like Sportsbook Review have improved over the past few years.

BetPhoenix may also be one of the better sites for Asian transplants living in the United States. They offer live help, not just in English, but Vietnamese and Chinese as well. There are also many Asian focused markets. It has an excellent selection of odds for expats from the region and has a similar betting menu in those markets to offshore giant, 5Dimes.

What We Don’t Like About BetPhoenix

Until late 2012, the sportsbook has had many issues with payment complaints and with the dreaded “syndicate betting” rule that is a favorite among dishonest bookmakers. Again, these issues have not happened in the past several years, but they can’t be forgotten.

There have been several slow pay disputes. Worst yet, slow-pay payment issues with BetPhoenix’s non-US customers, including withdrawals to Skrill. Payments in the US market are tougher due to laws against online gambling, but international e-wallet delays are worrisome. These were eventually resolved but are an awful sign to see from any online bookmaker.

It’s worth noting for high-volume bettors that want to look for inefficiencies in the lines or chase steam that BetPhoenix has marked several players as “professional” and cited a syndicate rule. These players have six-figure balances and were slow-paid for nearly over two years. They did eventually get paid, but sportsbooks that pull these stunts are hard to trust fully. That’s the real risk of BetPhoenix. If you happen to win big, they will offer up delays and try to brand you as a non-recreational bettor.

Again, though, in recent years, there haven’t been too many complaints alleging this. Some may have gone unreported, but it’s certainly possible they have changed their ways.

The sportsbook also has absurd fees and limits on withdrawals. This is especially dishonest because of the many deposit methods available to deposit larger amounts. They make it extremely expensive and time-consuming to get money off their site. It’s tough to have confidence in a sportsbook that slow-pays their big winners or has tried to use their terms and conditions to invalidate winnings and/or slow-pay. Thankfully, once pressured by watchdog sites like SBR and other forums, these issues were resolved.

? Betphoenix is one of the leading bookmakers offering its services at almost all 50 US states. They are based and licensed in Costa Rica in order to give the best customer service in the US time zone. They are owned by BetPhoenix Entertainment Group and can be reached from the customer service phone line at +1 877-717-7747. They use high level casino softwares from Rival and Amigotechs.

Is Betphoenix Licensed?

✔ Yes, Betphoenix is licensed. They are licensed in Costa Rica. Costa Rica used to be the hot spot of operators when online sports betting was completely unregulated in the US back in the early 2000s. Now they only host US focused Bitcoin sportsbook sites like this one. Costa Rica licensed bookmakers list include Bookmaker, BetDSI, BetIAS and JustBet. As you can see all of the Costa Rica based sportsbook’s primary market and focus is USA. You can mail to [email protected] and ask about more details about their license.

Betphoenix Bonus Code and Free Spins

Betphoenix bonus offers

? You can get up to $1.500 at your first deposit to Betphoenix. This 150% bonus is offer with the coupon code BP150. You can also get $300 bonuses with promo code BP100 with %100 percentage or with promo code BP50 for 50% percentage. The wagering conditions are easier if you choose a lower bonus percentage. It changes between 16 and 8 depending on the bonus percentage. Do not forget that bonuses must be claimed at the time of the deposit and before placing any bets.

  • 150% bonus up to $1.500 – Coupon Code: BP150
  • 100% bonus up to $300 – Coupon Code: BP100
  • 50% bonus up to $300 – Coupon Code: BP50
  • 500% Virtual Casino Bonus
  • 25% Free Play Referral Bonus

? They also offer $25 free play for horses if you fund your account with $200 or more. You have to use BP25PONIES coupon codein order to claim this free play.

Can I register anonymously to Betphoenix?

?‍♀️ Unfortunately no. You have to enter tour name, country and email address in order to register to Betphoenix. This is mainly to verify that you are over 18 and you are not a bonus abuser trying to take advantage of the one time welcome bonus offers. But the good thing is they do not share this information with any third parties other than the Costa Rica iGaming authority. If you use Bitcoin and crypto currency at your deposits and withdrawals, you will stay anonymous in the financial world. Your BTC transfers can not be traced into this site and back.

Betphoenix Deposit and Withdrawal Options

Betphoenix deposit options

? Crypto currencies are the easiest and safest way to deposit and withdraw from this betting site. They only use these crypto currencies for deposits and withdrawals:

  • Bitcoin
  • Litecoin

The minimum limit is $50, where the maximum amount is $5.000’s BTC or LTC equivalent. Your deposits will be converted in USD at the time of the transaction. After you bet and would like to collect your winnings, the USD amount will be converted back into BTC or LTC and sent to your wallet. You can also use BOSS Revolution from BOSS Revolution Money Transfer App. ZPay, MoneyPay, EasyPay, Person to Person and Credit Card are the other available payment methods.

Adequate support: Their customer service seems good. I joined their live chat on several occasions; waiting time was short and the clerks were helpful. No problem there. They even have phone lines for people speaking Chinese or Vietnamese.

QUICK FACTS

The parent company is called BetPhoenix Entertainment Group.

They have sister sites called BetMania and Skybook.

Beautiful website: In my opinion, their site is stellar. Truly stunning images and some animated GIFs (including one of the greatest catch of all-time by Odell Beckham Jr.).

Good bonuses: Their bonuses are enticing and plentiful. Here is an overview:

          • New depositors can select one of three bonuses upon making a “cash” deposit (not via credit cards): a) 175% free play up to 2625$ carrying an 18x rollover; b) 100% free play up to 2250$ carrying a 12x rollover; c) 50% free play up to 1875$ carrying an 8x rollover. They have similar reload bonuses.
          • Deposit between 300$ and 1000$ on Tuesdays or Wednesdays via a person to person money transfer and receive a 100% cash bonus. The promotion comes along an 18 times rollover requirement; therefore, if you deposit 1000$ you are getting an additional 1000$ but you must wager a total of (1000$ + 1000$) * 18 = 36,000$ before being able to cash out. Ouch.
          • Upon making your first bitcoin deposit between 200$ and 1000$, you will receive a 100% free play that requires a 15 times rollover. So notice how this is a free play rather than a cash bonus, which is not as great for you since free plays need to win in order to earn some money!
          • Make a credit card deposit and choose between the following three possibilities: a) 10% free play up to 50$ carrying a 2x rollover; b) 15% free play up to 75$ carrying a 3x rollover; c) 20% free play up to 100$ carrying a 4x rollover.
          • Make a UPayCard deposit and receive a 200% free play (wow!!) along with a cash bonus (5% if deposit amount less than 300$, 10% if between 300$ and 499$ and 15% if 500$ or beyond). The rollover requirement is hard to obtain at 18 times.

Reasonable odds: I wasn’t sure whether the competitiveness of BetPhoenix ‘s lines should be placed under “Pros” or “Cons”. I ended up choosing to grade it as a positive, but please note their commissions are not spectacular. On Major League Baseball they do have 10-cent lines (i.e. -105 lines), but the juice is doubled on totals and tripled on prop bets. International basketball (like Italy, Spain and Turkey) have 30-cent lines (i.e. -115 lines) which is not advantageous to players at all. Same thing on major tennis matches.

Adequate support: Their customer service seems good. I joined their live chat on several occasions; waiting time was short and the clerks were helpful. No problem there. They even have phone lines for people speaking Chinese or Vietnamese.

Payout rules: Many things related to withdrawals are negative. First of all, there are only three options available! Also, some conditions are pretty harsh or just plain weird. If you want to receive a check, the payout amount must be between 1000$ and 2000$ USD, but checks are sent in increments of 500$ USD and are associated with a 50$ USD fee per check! That’s a 10% fee rate, which is outrageous! The only good news is players are eligible for a free payout every 30 days. If you want to go the person 2 person route, be advised the payout amount cannot exceed 450$ USD, which will be very small in the eye of many gamblers. You need to contact customer service to get more details about the fees, but I’m betting they are on the high end.

Limited props: Players enjoying proposition bets won’t feel very satisfied here. On MLB games you only get three common offerings (which team will score first, will there be a run in the first inning, total number of hits+runs+errors). I couldn’t find any on football (soccer) games!

Few markets: Market diversity is below-average; the BetPhoenix sportsbook posts lines on fewer sports and leagues compared to the norm in the industry.

Ridiculously low limits: Another website reviewing sportsbooks mentions their “high” betting limits. I inquired to a BetPhoenix customer representative named Jonathan Mora about their limits and I was told they are set at 250$ for new accounts, even on major sporting events like NBA spreads or MLB money lines. How can some websites claim BetPhoenix has high limits? That’s probably one of the lowest limits I have ever seen.

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