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BetOnline is a privately held online gambling company offering sports betting, online casinos, poker and wagering on horse racing.The company's CEO is Eddie Robbins III. [1] In 2006, according to Casino City Press, BetOnline.com was among the top 60 online sportsbook, racebook, and betting exchanges, by overall traffic received. [2]
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Many online sports books now offer bonuses like free bets or free money. These bonuses usually come with a stipulation that the bettor place a certain number of bets. For example, a site may offer a bettor $50 free if they deposit $100 and place a total of $1000 in bets.
A phantom bonus is deducted from the player's balance at the moment he places his withdrawal request. For example: if a player deposited $100, received $100, played, and finished the wagering at $150. If the bonus is sticky, the player will be able to withdraw just $50. If the bonus is cash-able, then the whole balance is available for withdrawal.