BetPhoenix: The Best Sportsbook for American Sports Bettors?
BetPhoenix launched in 2006 and has since been providing punters with American and international gaming markets all in one gaming site. When you sign up with this sports betting site, you will find a number of free play bonuses that you can claim and use for a better betting session. Plus, you can be sure that your account will be secure as the brand uses SSL encryption technology.
North American and Latin American punters are most welcome to BetPhoenix as well as other bettors who are not in Costa Rica, UK, or other restricted countries. The sportsbook breaks down language barriers by providing Chinese, Vietnamese, Spanish, and English language options. You can find out if you are allowed to enjoy the sportsbook by checking the terms and conditions on the site. If you are not living in any of the brand’s restricted areas, read on and see how you can get the 175% Free Play Bonus and more.
Bonuses and Promotions
You will find free play promotions on BetPhoenix that match your budget and preferred wager limit. These free play bonuses are for sports bets. While you can use these bonuses for race betting or casino games, any bets made outside of the Sportsbook section will not count toward the rollover requirement. There are even Bitcoin bonuses on offer if you own digital coins. Here are some of the bonuses waiting for you.
175% Free Play
You will get 175% deposit bonus when you use the promo code for this promotion. But you need to deposit at least US$300 to be eligible for the bonus. Also, you must rollover the deposit and bonus amount 18 times to withdraw the bonus credit.
150% Free Play Bitcoin Deposit Bonus
Deposit at least US$300 worth of bitcoins and you will get the 150% Free Play Bitcoin Deposit Bonus. If you want to withdraw this incentive, you must rollover the bonus and deposit amount 18 times.
100% Free Play
You need to deposit at least US$100 to claim this bonus. To be able to cash out this gift, you only need to roll over the deposit and bonus amount 12 times.
10% Free Play
This bonus also needs at least a deposit of US$100. Because of the low bonus amount you get from this promo, the rollover requirement is only twice the bonus and deposit amount. This makes it easy for you to cash out the bonus.
The flexible promotions available on BetPhoenix ensure that there is something for any type of punters. You can go for the high free play bonus with high risks or low free play bonus with low risks like the 50% Free Play and 20% Free Play promos.
Sportsbook Odds, Matches, and Betting Types
There are betting markets for 17 sports or competitive events available on BetPhoenix, like NBA Playoffs and NFL Super Bowl matches. There are also markets available for motorsports like NASCAR and the Formula 1.
Since US punters are the primary targets of BetPhoenix, the most promoted sports onsite are basketball, baseball, football, and hockey. Even the Odds format is set to American and there are no options to change the odds to decimal or fractional. Meanwhile, the sportsbook still features sporting events popular in other countries like UEFA and Grand Slam games.
Apart from lacking any option to change the odds format, there are barely any other bets outside of the common money line, totals, and spread wagers. This is a significant flaw because other Bitcoin sportsbooks offer nearly hundreds of betting markets for many popular events.
Cash payments are limited to credit cards and bank wire transfer. Fortunately, BetPhoenix provides Bitcoin payment option which opens the door to any bettors across the globe.
The minimum deposit amount for Bitcoin and Visa card transactions is only US$50. Bank wire payments, on the other hand, require at least US$1,000 worth of deposit. Below is the complete list of deposit methods you can use:
- Bank Wire
- Crypto Wallet
The deposit method options on BetPhoenix may be limited, but they should be enough to cater to both those who deal in cryptocurrency and those who use fiat money when betting. The drawback here, though, is when your preferred payment method is not among the three payment options available. If you use e-wallets, you might as well just avail yourself of a Bitcoin wallet. Besides, Bitcoin deposit is the easiest way you can fill your player account with funds, especially when you have already been using the crypto wallet for so long.
Withdrawals are limited to Bitcoin, money transfer, and e-checks. The most you can withdraw is US$4,000. And if you will cash out your winnings in Bitcoin, you will delight in the “no minimum withdrawal requirement” feature of the sportsbook.
BetPhoenix: Is It Worth It?
The variety of betting markets and promotions in this sportsbook will not disappoint you, especially when you are looking to make moneyline bets on NBA, NFL, NHL, MLB or other major games. There are even betting markets for many International sporting competitions. If you are a US bettor, you will enjoy the Bitcoin payment option, not to mention that Bitcoin is now so easy to buy and sell in America.
However, there are minor issues with the sportsbook on certain aspects. There is a lack of prop bets in the sporting events covered by the gaming site, and there is a limited number of payment options. Surely, there are other Bitcoin sportsbooks that will give you a large variety of prop bets and will let you choose from among a big selection of e-wallets and payment digital currencies.
Still, BetPhoenix stands as a great choice for American bettors as it has the betting market and promotions that suit the taste of punters in North and Latin America. The issues mentioned, though, make the sportsbook hard to recommend to sports bettors in Europe.