Welcome to our in-depth review of the safety measures that GTBets offers its customers. Safety should be your main priority when choosing an online sports betting site.
- Early lines
- Competitive odds
- Great bonuses
- Strong mobile site
- Reduced juice on NFL sides and totals
- Narrow withdrawal limits
- Basic interface that lacks features
We urge all readers to choose an online sportsbook that is fully licensed and regulated, with a long history of providing fast and reliable payments to all customers. This GTBets review will explain on the steps that the brand has taken to keep customers’ details safe and its track record for trustworthiness and security.
What is GTBets?
GTBets is an innovative online sportsbook that offers eye-catching bonuses, quick crypto payouts and reduced juice betting lines. It was set up in 2011 on Curacao, a Caribbean island in the Netherlands Antilles, so it is now more than a decade old.
The domain name its GTBets.ag, which is hosted in Antigua. It is short for Game Time Bets. There is also a casino and a racebook, which accepts bets on various US and Australian racetracks.
Is GTBets a Legit Betting Site?
GTBets is a legit online betting sites. It has a sports wagering license with the Curacao Gaming Control Board, which is a government agency. The Curacao Gaming Control Board is a reasonably strong regulator. It is not quite on the level of the UK Gambling Commission, but it does regulate hundreds of online betting sites and it holds them to tight licensing conditions.
GTBets has a reputation for treating customers fairly and providing quick, dependable payments if you win. For those reasons, we rate it as a legitimate online gambling brand, and it has an excellent reputation in the sports betting community.
Is GTBets a Safe Betting Site?
GTBets is a safe betting site that uses an SSL certificate to enable an encrypted connection. This should keep you safe when using the site, which also sits behind a strong firewall. GTBets does not have any security breaches on its record, so you can sleep easy without worrying about the status of your account balance or your personal details.
What Deposit Options Does GTBets Provide?
GTBets offers a strong selection of secure deposit options. You can use Visa, Mastercard or American Express to fund a GTBets account. It also offers a prepaid gift card deposit option, and QuickCash is available.
Like many peers in Curacao, GTBets has embraced the cryptocurrency revolution, so you can top up your account balance using Bitcoin, Litecoin Bitcoin Cash or Ripple’s XRP token. Your funds will be converted to USD when they arrive, so you can bet in dollars, and then you can request a crypto withdrawal at a later date. That means you do not need to worry about exchange rate fluctuations – cryptocurrencies are notoriously volatile, after all – as you will be paid out at the current USD rate.
How Are Withdrawals Processed at GTBets?
As previously mentioned, crypto withdrawals are available at GTBets. You can withdraw between $125 and $5,000 per week. Those limits are not particularly broad. A minimum withdrawal of $125 may be too high for casual bettors, whereas high rollers might seek out higher maximum payouts than $5,000.
We should also point out that you will only get one free crypto withdrawal per month at GTBets. All subsequent withdrawals in the month are charged at either 5% of $60, whichever is highest. That is another onerous stipulation, which does not give you a great deal of flexibility.
There are two more options: bank wire withdrawals and QuickCash withdrawals. You are allowed one wire transfer payout per week, but you will always have to pay $40. The minimum payout is $100 and the maximum is $5,000. If you choose QuickCash, you will be charged $50 or 8%, depending on which amount is larger.
GTBets processes payments from 10 a.m. to 4 p.m. on Monday through Friday. Crypto withdrawals are the quickest, as they take 48 hours, whereas a bank wire may take up to two weeks.
What Welcome Bonuses Does GTBets Offer?
GTBets provides you with a 100% deposit match worth up to $500 when you sign up for an account. It has a 12x rollover requirement.
That offer does not compare favorably with MyBookie’s 100% deposit match bonus of up to $1,000, which has a 10x rollover. It also falls well short of the BetUS crypto welcome bonus, which is a 100% deposit match offer worth up to $2,500, with a 10x rollover.
Another issue with the GTBets welcome bonus is that it goes up to 30x for baseball bets. Sportsbooks make slimmer margins on baseball than other sports, but a 30x MLB rollover is very punitive.
There is also a 50% bonus up to $250 on your second deposit, so you can claim $750 in bonus funds after signing up. You can also use the bonuses on horses (8x rollover), slots (30x rollover), table games (60x rollover) and video poker (40x rollover). A 60x rollover on table games sounds high, but it might actually be your best bet if you play a high RTP game like blackjack with the right strategy.
What Loyalty Bonuses Do GTBets Customers Receive?
GTBets rewards customers for their ongoing loyalty in lots of different ways. The loyalty program, GameTimeRewards, allows you to accrue points, which can be exchanged for free bet credit, golf clubs, speakers, wine, cigars and vacations. You will start out as a silver member, but you can progress to gold and platinum, earning better rewards along the way.
There is a reload bonus for all customers, but you will only get it if your balance is 25% or less of your previous deposit amount. The reload bonus starts at 5% and goes up to 50%, depending upon your loyalty level.
You should also sign up for the GTBets newsletter, which pops up in your inbox with fresh bonuses and promotions each week. You will get a 10% cash rebate (no rollover requirements) on casino and racebook losses each week, which is an interesting bonus.
Perhaps the best offer is “Favorite Teams.” You can choose your favorite NFL, NCAAF, NBA and NCAAB each year, and GTBets will give you an extra half-point on spreads on every game featuring that team. For example, if you go for the LA Lakers and they are 4.5-point favorites, you can bet on the Lakers -4. That is a really good promotion, as GTBets’ lines are strong already.
What Sports Does GTBets Feature?
GTBets is a sportsbook based in the Caribbean, but it was primarily created to serve the American market. Its main sports are therefore football, basketball, baseball and ice hockey.
You will find a few other sports – soccer, MMA, boxing, tennis, golf, MMA, auto racing, rugby, cricket, darts, volleyball and handball – but it has a narrower range than sites like BetOnline and Bovada.
GTBets will appeal to football and basketball fans. It offers -109 sides and totals on NFL games, whereas most rival sports betting sites offer -110 lines, so you are getting a 10% discount on every bet. That boosts your chances of long-term betting success, particularly when combined with the half-point extra on your favorite teams.
You can bet on NFL, NCAAF and CFL games, along with a huge selection of basketball leagues from around the world. If you only want to bet on football and basketball, GTBets is a great choice. If you like betting on baseball and other sports, you might find a better service elsewhere.
What Wagering Options are Available at GTBets?
The selection on betting options at GTBets is pretty good. You can bet on a few dozen markets within a football or basketball game. That includes spreads, totals and moneylines, half-time / full-time betting, game props, player props and team totals.
Player props are only available on the starters and the most famous players, but there are some interesting options. You can also buy and sell points, which allows you to create alternative spreads. Parlays, round robins, teasers, if bets and futures are available too.
There are also some betting markets on esports and on US presidential elections.
Does GTBets Provide Live Betting?
There is a live betting section at GTBets. It covers an impressive array of sporting events from around the world. For example, we found in-play markets on tennis in Qatar, hockey in Denmark and football in Canada when writing up our GTBets review.
It does not offer many live betting options on each game, and it could offer more in the way of stats and updates on the action, but it is a solid live wagering platform.
Does GTBets Have a Casino?
GTBets has an online casino featuring games from Betsoft and Arrow’s Edge. It is a user-friendly casino, which allows you to sort games in alphabetical order or by paylines or features.
There are lots of slots, divided into all slots, super slots, 5-reel 3D slots, mystery slots and cash grab slots. The game variety is strong, with various table games, high roller tables, video poker games, live dealer games and specialty games.
The casino naturally cannot compete with a heavyweight like BetMGM, but that is only available in a few states. For most Americans, GTBets Casino is a solid choice, with lots of fun games and some interesting bonuses.
What Special Features Does the GTBets Site Include?
The main features at GTBets are the -109 lines and the ability to claim an extra half-point on your favorite teams.
It is a pretty basic online sportsbook in terms of the design, but it is clean and easy-to-use. You can buy and sell points, and the betslip allows you to create same game parlays.
You will not find features like cash out or live streaming, but it has a decent live betting section.
What are the Key Strengths of GTBets?
GTBets is a great online sportsbook for football and basketball bettors. It offers better lines and more appealing odds than most of its competitors. You can earn an extra half-point when betting on your team too. It is rare to find a sportsbook offering reduced juice lines – even if it only knocks them down from -110 to -109 – so that alone should be enough to ensure GTBets secures a loyal customer base.
It also offers an excellent loyalty program and plenty of generous promotions, so you should find lots of value at GTBets. It has a reasonably broad selection of props to choose from, and it is an uncluttered, user-friendly site with a trustworthy reputation. It does not have a mobile app, but the mobile site is easy to use. It has a pretty good online casino too.
GTBets also offers 24/7 customer service through live chat, and it has a toll-free phone number for anyone that needs support.
What are the Weaknesses of GTBets?
The design at GTBets is basic compared to many established rivals, and its sporting coverage is not as broad as competitors like BetOnline.
Its welcome bonus is not particularly appealing either. It is smaller than many rival offers, and it comes with a large, challenging rollover requirement.
Another weakness is the withdrawal process. It charges high fees, and the withdrawal limits may be too narrow for casual players and high-stakes players alike.
Is GTBets a Reliable Online Sportsbook?
GTBets is a reliable online sportsbook. Unlike rivals such as Bovada, it holds a license from a gaming control board, which regulates its activities. It has now been running for more than a decade, and in that time, it has proven itself to be a legit company that pays customers their winnings.
We rate GTBets as a safe, secure online sportsbook that you can rely on. It has lots of strengths, so it should do well in future. We believe it is not quite as strong as BetOnline, BetUS and MyBookie, but it is not too far behind, and it could join the elite ranks with a few small improvements in the years ahead.