GTbets.eu Review – Is GTbets a Reputable Place to Bet?

One of the less well-known gambling websites is called GTbets.

However, that is not always a negative thing to be the case.

You may take it to indicate that they are not one of the popular websites that everyone is gushing about, but another way to look at it is that nobody is complaining about them either.

That is a positive thing. We’d rather not be popular than be popular for all the wrong reasons, like cheating people out of their bonuses or not paying our customers. We’d also prefer not to be known for not paying our clients.

If you Google “GTbets fraud” or “GTbets scandal,” the majority of the results you will discover are at least two years old. This is presuming that the complaint is even a legitimate one.

No matter what the “cool kids” tell you, popularity is not the be all and end all of anything.

It is also feasible that GTBets.eu is one of those “hole-in-the-wall” secret locations that only a select few people know about, and the only reason they know about them is because they discovered them by mistake. After that, they tell all of their friends about the amazing discovery they made.

Is that the case in this situation?

Let’s find out. Enjoy the review.

The Positive

The following are the aspects of GTBets that we appreciated the most:

They Have Respect for Their Clients

When GTbets first went up in 2011, one of the first things they did was acquire the now-defunct VIP Sportsbook as well as a number of the latter’s sibling sites. According to reports, GTbets made good on payments totaling more than $40,000 that were owing to players by the prior company. They didn’t have to act in that manner at all.

Reduced Costs

You will have a difficult time finding a betting site that costs nearly no fees to make deposits, however GTbets does not charge any of these fees.

A Comprehensive Offering

They provide a large and varied assortment of casino games to choose from. The selection of their slot machines, video poker, and table slots is similarly outstanding.

A Reputation for Success

Since they took over VIP Sportsbook, they have had very few complaints and difficulties of a significant kind, if any at all. We investigated and determined that all of the issues had been immediately addressed.

A Sportsbook That Supports the NFL

Their sportsbook is a fantastic destination for those who follow the NFL. It would appear that they concentrate more on that market than any of the others that they cover (at the expense of neglecting their other markets, according to experts).

The Negative

Despite the fact that GTBets provides several compelling options, it is lacking in a number of key areas. The following is a list of items that we do not like about GTBets.eu and believe the website should improve upon:

Unaltered Management is in Place

According to reports, they employ the same management team that worked for the prior company (VIP.com, BetGameDay and NINE). It does not make much sense to put the people in control of your new company who were responsible for the downfall of your former company.

Exorbitant Charges for Withdrawals

They have significant costs associated with their cash outs, charging $60 for wires, up to $60 for bitcoin, and either $50 or 8% for rapid cash.

Constrained Markets

They provide a limited selection of betting markets that are centered on the US.

Keeping Bad Company

They continue to cooperate with BetSoft despite the news that BetSoft has been featured in the media (as well as on at least one blacklist) for failing to pay a player who had won one of their progressive jackpots.

The fact that GTbets continues to collaborate with people who aren’t fully above board or who were previously involved in the demise of an earlier company is, in our opinion, the company’s most significant shortcoming.

It kind of makes you wonder their objectives and whether or not they would have the backs of their own customers in the event that something similar occurred to them in the future.

Alternatives of Paying Bank Fees

You have the following banking alternatives available to you that you may use to fund your account:

• Visa – $35 min
• MasterCard, minimum charge of $35
• American Express, minimum charge of $35
• Bitcoin – $3 min / $3,000 max
• Minimum purchase of $35, maximum purchase of $1,000 for pre-paid gift cards
• Deposits of less than $200 incur a charge of ten dollars and have a minimum requirement of one thousand dollars. All fees are waived for deposits exceeding $200.
• Quick cash has a minimum deposit of $100, a maximum deposit of $1,000, and a charge of $10 for deposits that are less than $200. All fees are waived for deposits exceeding $200.
• Skrill – $35 min
• Neteller – $25 min

One of the things that we like about their deposit options is that they do not charge any fees, which is something of a rarity these days among online gambling sites that accept customers from the United States. The only exception to this thing is if you deposit a small amount using the direct or quick cash options.

The absence of transaction fees more than makes up for the somewhat higher deposit minimums they need. Since the majority of sites cost around twenty dollars, this appears to be a fair exchange.

However, the fact that your maximum deposit limitations change depending on your VIP membership is the one thing that really bothers us. Why does a player have to wait until they have accumulated a certain number of VIP points by playing a certain amount of games before they can make a deposit of more than $1,000 or $2,000?

The vast majority of people would simply go somewhere else. Having said that, there is a good likelihood that this will only have an impact on a limited number of clients.

When you are ready to cash your money, you can utilize either:

• Bank Wire – $100 min / $5,000 max / $60 charge
• Bitcoin: minimum cash of $300, maximum withdrawal of $3,000, and one free withdrawal every 30 days. If not, there is a cost of 5 percent, with a maximum of $60.
• Fee for direct cash transactions is either $50 or 8% of the amount requested, whichever is greater.
• There is a cost of $50 or 8 percent of the required amount for quick cash.

A handful of important points to highlight here:

If you made your deposit using a credit or debit card, the first two times you cash out, you will be required to get a bank wire. After that, you will have the ability to request cash outs to be returned to your card (if you have the option of doing so).

There is a cap of one payment per week that can be taken out of your cash balance. Withdrawals can be processed and sent as quickly as the same day, but can take as long as two weeks. This time frame can range anywhere from one to three days to two weeks. It is entirely dependent on the approach that is used.

As a side note, the fact that several reviewers have mentioned quick processing times is encouraging news.

The expediency of their cash outs is one of the aspects that we like most. You have no grounds for complaint if you get payment from a site that targets the United States in 14 days or fewer. You really can’t.

Having saying that, we wish there were more choices available. For instance, they do not provide the option of using paper checks, but you will be able to discover this choice practically anywhere else.

The costs for making withdrawals are also a little bit pricey.

Promotions including Sports Betting and Casino Games

At the moment, GTBets.eu is running a number of different contests and promotions. The information that you need to know about their primary offerings, such as the amount and any terms and restrictions that apply, is shown here.

Bonus for Signing Up

This pertains to both their casino and their online sportsbook. There are two different bonuses available for your selection:

• 100% matching funds up to a maximum of $250
• Matching contribution of up to 50%, up to $500

In any case, you will end up with the same amount.

However, due to the fact that GTbets needs you to rollover both the deposit and the bonus, we believe that it is in your best interest to clear the 100% bonus as opposed to the 50% bonus. You have a better chance of winning and walking away with part of the money still in the pot.

However, there is one notable exception:

KEEP THIS IN MIND:

Deposits made with Skrill or Neteller do not count toward the maximum bonus of one hundred percent. Only those players who make a deposit using one of these ways are eligible for the maximum bonus of fifty percent.

However, before anybody can withdraw their winnings from a bonus, they will have to fulfill the wagering requirements a certain number of times. Whether you bet on sports or play games in the casino will determine how great the rollover requirement is for your winnings.

For example, you will get one (1) Rollover points for every twenty dollars that you gamble on sports. You will get three Rollover Points if you play a total of $20 worth of Video Poker.

One thing that we appreciate is that before you take any bonus, they will inform you in advance of the total number of points that are associated with the offer. This information may be used to help you determine whether or not the bonus is worthwhile, as well as whether or not you are genuinely capable of achieving it.

However, fulfilling the rollover criteria might not be a particularly difficult task. Because, according to our understanding of their conditions, if you cash out early or if your balance hits $0 prior to collecting all of your points, you will simply walk away with however much you earned up to that point and nothing more, regardless of whether you cashed out early or not. After that, you’ll begin over with a brand new point requirement dependent on the subsequent deal that you take advantage of.

(I almost don’t want to believe it when I say this, but…)

When it comes to meeting the requirements for receiving their deposit bonus, there are a few more guidelines that should be kept in mind.

• In order to qualify for rollover point rewards, a sports moneyline wager with odds of -300 (1.33 or lower) or below is required. Therefore, betting on NBA games involving the New York Knicks at odds of -350 will not generate rollover points toward a bonus.

You are unable to play in baccarat, craps, or European roulette games.

Automatic Reload Bonus

They provide a program whereby you will automatically earn a cash bonus everytime you reload money into your account. This program is called an automated bonus program. You are able to know how much of the prize pool you are qualified to collect by checking your player account.

You have to satisfy these three requirements in order to be eligible for a bonus:

• The amount that is now available in your account must be less than or equal to twenty-five percent of the deposit that was most recently deposited. If your most recent deposit was $100, for instance, you can only have $25 or less in your account at any given time.
• If you made a withdrawal during your most recent transaction, you will not be eligible for a bonus (probably to prevent people from gaming the system).
• In order to qualify for the bonus, your account must really be divided.

This final point isn’t very well explained. Consequently, I contacted their live chat in order to inquire about it. This is what they had to say:

If there are two accounts associated with the same home, you will not be able to earn the bonus, and if management determines that you misuse bonuses, they have the option to deny you. Your account must qualify in order to receive bonuses.

It seems like all they want to do is stop people from abusing the system in any way they can.

The wagering conditions for this promotion are the same as those for their sign-up bonus (above).

Favored Competing Teams

During the regular season of your favorite sports, basketball and football, you will be eligible to receive free points. If you choose your preferred teams, you will automatically be registered for the upcoming season.

The operation is as follows:

• Pick two of your favorite football teams from either the NFL or NCAA, as well as two of your favorite basketball teams from either the NBA or NCAA. Once you’ve selected your teams, you won’t be able to modify them.
• You will receive a free half point for every game played in the NCAA as well as every game played in the professional leagues. If you choose to bet on a side that is favored by three points, for instance, the line will be presented to you as being -2.5.

Only games played throughout the regular season will count. Only halves and entire games are allowed; totals, halftimes, and quarters are not allowed.

A useful piece of advice is that although it might not seem like much to save half a point, the more money you bet, the more money you save. When you win, your profit margins will grow as a result of this.

Parlay using Progressive Bets

This is a progressive jackpot, and the winner will receive at least fifty thousand dollars if they take it home. It increases by one week until someone finally gets through it.

You just need to bet a $5 wager and choose 15 different teams. If you choose all 15 squares correctly, you’ll win away with the prize. This only applies to football and basketball played in the NFL, NBA, and NCAA.

And if you go 0-15, you’ll be rewarded $2,000 (for having such bad luck).

10% Casino Cash Back GTbets will compute your losses beginning on Tuesday of the week prior and continuing through Monday of the week following using the following formula:

Casino Losses equal Casino Wins minus Casino Losses plus Bonuses, Rewards Cash, and Rebates. Your account will then be credited with 10% of this casino loss.

If you have a negative balance as of the previous Tuesday, you will receive a 10 percent refund applied to your account on the following Tuesday. The best thing is that there is no rollover requirement associated with this promotion.

Horse Rebate

If you make a net monthly loss while betting on horses, you will be eligible for a reimbursement of 15% of that loss. When determining how much money to pay you, they make use of the method described earlier (based on your net losses).

Refer a Friend

If you refer your friends to GTbets, the company will reward you a finder’s fee that is equivalent to fifty percent of the initial deposit that your friends make. The most money that can be given to you is $400. In order to participate in this promotion, you must have added at least one new deposit to your account during the past three months.

And…that brings us to the end of their primary offerings.

You are not only able to utilize the points you earn to clear bonus offers, but you can also use them to swap for more cash incentives, to join contests, or to purchase products. On their rewards website, you may view the full scope of what they provide.

One more thing: GTbets notes that members to their email newsletter may occasionally receive exclusive deals and promotions not available elsewhere. They describe sending out a variety of offers, some of which include the following:

• Reloads twice as fast
• Discounts on bets based in points
• Make bets at no cost on a selection of games
• Bonus reward point promotions worth twice as much
• Highlights from the previous week’s games
• There are no specials on juice or 1⁄2 juice.
• Sweepstakes giveaways

If you do decide to become a member, it is in your best interest to sign up for their email list so that you may be among the first to learn about special promotions and deals.

GTbets Sportsbook

How do you like the sportsbook on GTbets? Let’s have a peek.

The following is a list of the markets that they cover:

• Basketball
• Hockey
• Baseball
• American Football
• College Football
• Canadian League Football
• Golf
• Soccer
• Tennis
• Boxing
• MMA
• Auto Racing
• Politics

First impressions indicate that the list of markets is not terrible, although it does not include too many markets. You won’t find nearly as many betting opportunities anywhere else as you will at Bovada, BetOnline, or 5Dimes. Having said that, it is difficult to compare a sportsbook that is around five years old to other sportsbooks that each have decades of expertise.

Additionally, GTbets places a significant emphasis on US sports and events. However, this is very typical for sportsbooks who cater to US customers.

In terms of bets, you may choose between the following options:

• Wagers on a Straight Path
• Moneylines
• Parlays
• Over/Under
• Teasers
• Games of “Round Robins”
• Buying and selling points
• At the Midpoint
• Quarters
• 1st 5 innings
• Futures
• Props
• If bets
• In-person performance
• Mobile bets

As is customary, the types of bets open to you will be determined by the market as a whole as well as the particular event that you are wagering on.

According to professional gamblers, GTbets places a significant emphasis on football, frequently to the detriment of their other markets. However, who is to say that this is actually a negative thing, given that their target audience is most likely composed of American men who bet for fun on the sport that holds the title of the most popular sport in North America?

In addition, wagering limitations are rather modest, which is typical for sportsbooks in the United States. Although there are a few exceptions, the maximum amount that may be wagered on most bets is anywhere between $500 and $2,000. For instance, the maximum wager that you may bet on NFL and NBA teams is $5,000, while the maximum wager that you can place on MLB and NCAA sports is $3,000. On the other hand, the restrictions for everything else will be far more restrictive.

Do you want bigger betting limits? Here’s a pro tip. Try Bookmaker. In addition to having large betting limits and attractive line pricing, they are player-friendly.

Live betting is offered, but there isn’t much of a selection to choose from at this time. It is often restricted to only include events that are shown on national television.

Aside from that, according to the opinions of the experts, you will get competitive pricing on spreads and totals. And because GTbets caters to casual gamblers who don’t like winning (they like to lose), underdog lines are more appealing than favorite lines because of the general public’s propensity to bet on the favorite.

The GTBets.eu sportsbook may be accessed from any computer, as well as mobile devices running Apple, Android, and BlackBerry operating systems.

Casino Games

Because GTbets has partnered with software developers such as Arrow Edge and Betsoft, they are able to provide more than 175 different casino games to its customers. Here you can discover a wide variety of games to choose from, including slot machines, video poker, table games, and speciality games.

Let’s play a look at all the different games that are available to you.

Slots

The following are some of their 3D slot machine titles:

• 2 Million B.C.
• 4 Seasons
• A Christmas Carol
• After Night Falls
• A Night in Paris
• Alkemors Tower
• Arrival
• At The Copa
• At the Movies
• Aztec Treasures
• Barbary Coast
• Birds
• Black Gold
• Boomanji
• Charms And Clovers
• Curious Machine
• Jekyll & Mr. Hyde
• Enchanted
• Event Horizon
• Exterminator
• Frankenslots Monster
• Fruit Zen
• Gladiator
• Glam Life
• Gold Diggers
• Good Girl, Bad Girl
• Great 88
• Greedy Goblins
• Gypsy Rose
• Heist
• House of Fun
• It Came From Venus
• Lost
• Mad Scientist
• Madder Scientist
• Mamma Mia
• Mega Gems
• Mega Glam Life More Gold Diggin
• Vegas
• Ned and his Friends
• Once upon a Time
• Paco and the Popping Peppers
• Pinocchio
• Puppy Love
• RockStar
• Rooks Revenge
• Safari Sam
• Slotfather
• Slots Angels
• SugarPop
• Sushi Bar
• Three Wishes
• The Tipsy Tourist
• Treasure Room
• True Illusions
• True Sheriff
• Tycoons
• Under the Bed
• Under the Sea
• Viking Age
• Who Spun It
• Weekend In Vegas

BetSoft will provide the vast majority of these games, if not all of them. Playing these games is certain to play you a good time. They offer excellent visuals as well as motion and bonus rounds. The first games that you should try are Mad Scientist, Greedy Goblins, and The Slotfather.

These are their slot machines with three reels and five reels:

5-Reel Slots

• 7^th Heaven
• Invaders
• Jackpot Jamba
• Out of this World
• The Bees
• The Ghouls
• Wizard’s Castle
• Pharaoh King
• Reel Outlaws
• Monkey Money
• Royal Reels

3-Reel Slots

• Aztec Treasure
• Back in Time
• Captain Cash
• Chase the Cheese
• Diamond Dreams
• Diamond Jackpot
• Hidden Loot
• Ghouls Gold
• Lucky 7
• Mermaid’s Pearl
• Triple Crown

And here are the slot machines they call “Super Slots:”

• Dodge City
• World Leaders
• Dragon’s Cave
• Lilly’s Pad
• Yakuza
• Alice In DreamLand
• Arcade Fortunes
• Pierre’s Patisserie
• Ocean Life
• Mad Road
• Star Slots
• Blue Beard’s Gold
• Shopping in the Hills 4th and Goal
• Aruban Nights
• Game of Kings
• Cleopatra
• Fast Lane Freddie
• Top Dog
• Chef Wars
• Showcase
• Yellow Brick Reels
• The Winning Dead
• Days of our Slots
• Drab to Fab
• Around the World

If you enjoy playing slot slots, there will be much for you to do in this player.

Table Games

The following is a list of all of GTbets’s blackjack and table games:

• Tri Card Poker
• Multihand Blackjack
• 21 Burn Blackjack
• BSG American Blackjack
• BSG Baccarat
• Pirate 21
• Baccarat
• Blackjack
• Oasis Poker
• BSG Pai Gow
• Poker3 Heads Up Holdem
• Red Dog
• BSG Red Dog
• Ride’m Poker
• Pai Gow
• Roulette
• American Roulette
• BSG European Roulette
• Common Draw Roulette
• Zoom Roulette
• Triple Edge Poker
• Three Card Rummy
• Top Card Trumps
• War
• Let It Ride
• Draw Hi/Low
• BSG Craps
• Craps
• Caribbean Stud Poker
• Caribbean Poker
• Super 7 Blackjack
• Single Deck Blackjack
• Pontoon
• European Blackjack

The thing that they provide a wide variety of blackjack games is one of the aspects of their table game selection that we appreciate. It’s wonderful to see a casino that caters to US players offering nearly ten different blackjack variants given that we’ve observed other Real Time Gaming casinos reducing the number of blackjack games they provide.

You won’t find anything else blackjack and roulette at other casinos, but here you may play several variants of a wide variety of other table games, which you won’t find anywhere else.

Having said that, there are occasional instances of duplication (like craps). However, taking everything into consideration, this is a strong and varied collection of games.

Video Poker

Here are GTbet’s video poker games:

• All American
• Bonus Deuces
• Bonus Poker
• BSG Deuces Wild
• Deuces Wild
• Double Bonus
• Double Bonus Poker
• Deuces And Jokers
• Double Joker
• Five Draw Poker
• Jacks Or Better
• BSG Jacks or Better
• Joker Poker
• Jokers Wild
• PokerJack
• Split Way Royal
• Tens or Better

I’ll say it again: this is an excellent balance of quantity and quality. Players from the United States have access to one of the most comprehensive collections of video poker games (15+) accessible anywhere. Something that used to be possible to be said about casinos powered by Real Time Gaming.

Unique games

Their specialized games come last, but certainly aren’t the least.

• Instant Keno
• Klub Keno
• Krazy Keno
• Keno
• The Original Keno Game
• Scratcherz
• Virtual Racebook 3D (in a nutshell)

You’ll find a slightly more limited selection of specialty games here compared to what’s offered at other casinos. They also offer numerous versions of keno, but almost none of the games that use scratch cards or bingo balls.

The conclusion of their games has been reached.

BetSoft is one of the things that need clear thing from us. They were recently in the news (together with Betcoin) for failing to pay a player who had won a progressive jackpot. This happened not too long ago. You may learn more about it by reading this. They are also on the naughty blacklist over here.

Because of the severity of the issue, many other online casinos, including Ignition, Bovada, and Bodog, removed all of their games from their respective websites.

GTbets has not done so, and we are not aware of any future plans on their part to do so. However, if they did that, their online casino wouldn’t be nearly as successful as it is now.

This is not to imply that GTbets is a poor service. However, when they choose to continue working with a software vendor whose legitimacy is in question, you have to wonder about their motivations and their integrity.

Support

You can reach out to GTbets at any time of the day or night with any inquiries that you might have. They may be reached by e-mail at support@gtbets.eu, over the phone at 1-800-509-4847, or through live chat.

During our evaluation, we made advantage of the live chat. Tim was a nice guy who was also quick and knowledgeable.

Conclusion

Earlier on, we made the assumption that GTbets might be one of those obscure, hole-in-the-wall establishments that you stumble into completely by mistake but ultimately come to adore and recommend to all of your friends.

Is this truly the situation with regard to GTbets.eu? No, sadly this is not the case.

They provide a first-rate platform for gamblers who are interested in both casino players and sporting sports. They welcome players from the United States, offer a variety of bonuses and promotions, provide a sizable assortment of casino games, and have a sportsbook that is geared toward the American market and focuses on the NFL. In addition, they have been fair to players by paying off any outstanding obligations.

Sounds like the location of a dream, doesn’t it?

However, it is difficult to ignore the fact that they have retained previous management, which we can only assume played a part in the failure of the previous company. To what extent is unknown to us at this time. On the other hand, you would think a new company would want to begin from scratch.

They carry on with this pattern by maintaining their provision of BetSoft’s games. If you happen to win one of their jackpots, what will happen next? Will you run into the same problem that we discussed earlier, in which the website and the software provider failed to pay the customer who won?

We have no idea, and that fact alone is a little bit unsettling.

Therefore, despite the fact that GTbets possesses a great number of advantages, the company also has a great number of disadvantages, some of which present a significant threat to players who gamble online.

Because of this, we strongly suggest you start by registering for an account with either Bovada, 5Dimes, or Ignition Casino. Then, if you’re finding that your needs aren’t being met in some way, you should think about registering for an account on this website…while keeping in mind that doing so exposes you to a small amount of risk.