WagerWeb Sportsbook Review

Last updated February 5th, 2023

WagerWeb Sportsbook is a solid place to play for Americans. It was a company that managed to generate a little bit of criticism several years ago, not as much as many other competitors but more than any bettor should feel comfortable with. They have settled all disputes and truly cleaned up their act since then.

So now things are better and there have been no complaints reported. The site claims same-day payouts, but this does vary by method. The bottom line is that they will pay you out pretty fast compared to most of the competition.

They do seem to emphasize that they only want what they call ‘recreational’ bettors. This implies high rollers and sharp players will struggle to get accommodated with WagerWeb Sportsbook. That is not an issue with the other firms USA Betting recommends, so if you bet big then maybe this bookie might not be the right fit for you, but we think it is still worth giving it a go and seeing how you get on.

WagerWeb Bonuses

Bonuses are available as free-play or cash. Cashback on sports, casino and horse action is redeemable weekly.

The bonuses appear generous – up to 50% on deposit according to the method of deposit. However there are play-through requirements (between 8 x and 15 x the bonus), as is obviously standard across the board with all online sportsbooks.

You can also get a handy 1% rebate on your sports betting volume and 5% on the racebook and in the casino.

It is worth noting that you are no longer forced to take a bonus if you deposit with a credit card, as was once the case. That is a change for the better because not everyone wants to take up a bonus due to the terms and conditions that always come with them.

The point is to get a few good sportsbooks that you can regularly play at and know your bankroll is safe. The idea is to try to win a bit of money and not have to worry about the bookie messing you about. If you, unlike us, are keen to exploit bonuses to their maximum then make sure you know the rules and those terms seem to change with all firms on a fairly regular basis.

We found the ‘bonus rules’ section on the WagerWeb site far more illuminating that the ‘promotions’ section. So do read the bonus rules before depositing. To do this go to the ‘general rules’ link, which is in small font size at the very bottom of their website home page, and then click the ‘bonus rules’ tab for the crucial smallprint.

If there is a criticism to be leveled at WagerWeb Sportsbook regarding the bonus structure then it would be that it is too complicated with too many different options to choose from. Less might actually be more because clarity is key.

Sports To Bet On

One thing that does have clarity is the website, which is nice and easy to use. There are all the sports events any American can want from the big ones like NFL, MLB & NBA through to golf, tennis and soccer. There is also a dedicated racebook and a good online casino.

Payments & Deposits

Players can deposit using their choice of 10 cryptocurrencies, Visa, Mastercard or Moneygram. Like all the US-facing sportsbooks, Wagerweb’s site is pushing the use of Bitcoin. We have found it to be a really convenient and trouble free way of making and receiving payments online, so if you have not given Bitcoin a go then maybe it is time to dip your toe in the water. You will wonder what took you so long because there are numerous benefits to using Bitcoin.

WagerWeb claim same-day payouts, but this does not apply to all methods. The payout costs are high, at around $50 a transaction (and they say they are only for recreational players!), but you can get one free payout a month. At least all Bitcoin payouts are free. If using BTC, then WagerWeb will pay out same day (if requested in the morning) or next day bitcoin payouts seven days a week.

Our WagerWeb Sportsbook Verdict

Criticisms would relate to the complicated nature of the bonuses and the fact that there is a school of thought that WagerWeb are not that keen to attract big sportsbook players. Reading their terms and conditions, the site describes itself as being for ‘recreational players.’ So if you need to earn a living from your betting just be aware they are not too friendly to sharp action. At least that seems to be the strong implication.

The website software itself is good but there is a certain sloppiness that is annoying. For instance the FAQ section is farcical in its brevity and unhelpfulness. We particularly like the FAQ question “How Much Are The Payouts?” The answer states: “All of our payout fees have different amounts.” It was obviously written by someone who had a long day and could not care about impressing potential players – but the fact it has been allowed to remain is not good. As well as other strange phraseology you will even find the odd spelling mistake. That sort of thing undermines the sense of professionalism and affects trust.

Ultimately the negatives are minor stuff and this is a big firm that was established in 1994 and in recent years has a solid track record of integrity. They are based and licensed in Costa Rica, have a mammoth USA client base and are worth trying out. The only restricted American state is Maryland and WagerWeb told us that was really because of the problems residents of that state have depositing. They do not overtly declare that Maryland is restricted, but because of the hassle factor with the payments it might as well be. One way around for Maryland residents is to adopt the use of Bitcoin as that currency would solve all issues for them.

At USA Betting we are keen only to advise companies that are honest and straight in their dealings. Wagerweb Sportsbook does fall into that category so we are happy to recommend them. We would be grateful for your personal feedback and brief review below to help other readers of this page.

Your Rating & Review of WagerWeb Sportsbook