Type of business Private Available in English Industry Gambling Headquarters Panama City, Panama Motto Because you can | Type of site Online gambling Key people Eddie Robbins III, CEO Customer service 00 1 507-206-3369 Founded 2004 | |
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Area served International (via Internet) | ||
BetOnline is a privately held online gambling company offering sports betting, casino games, and wagering on horse racing. The company’s CEO is Eddie Robbins III. In 2006, according to Casino City Press, BetOnline.com was among the top 60 online sportsbook, racebook, and betting exchanges, by overall traffic received. The site has been in operation at least since September 2004.
Contents
Betonline and eye on gaming
Innovations
BetOnline has publicized some of its more innovative approaches to online gaming. In 2009, the company set out to place and accept the first wager from the summit of Mount Everest. Hiring a veteran climber, Tim Rippel, the company promised to donate $20,000 to a popular charity (as chosen by voters on Facebook and Twitter) upon successfully summiting the peak and placing a bet. While the climbing team was unable to place a bet from the summit, a wager was placed on May 18, 2009 (local time) from “Base Camp 4” at 26,000 feet above sea level. The bet was a winner, wagering that the Los Angeles Lakers would cover the spread against the Houston Rockets in Game 7 of the NBA Western Conference Semifinals. BetOnline still donated the $20,000 across three top vote-getting charities.
Domain Name
BetOnline has switched to the Betonline.ag domain name. Their Betonline.com domain is still active but they told their partners that the Betonline.ag domain will be their primary address starting on April 4, 2012.
Allegations of fraud
An online video surfaced which clearly showed BetOnline cheating by switching cards and hence causing the house to win and the player to lose in a blackjack match