But while some sportsbooks are running away from the U.S. players, others are stepping forward, including the new TopBet, which is now beginning its second year under new ownership.
Throughout this article you'll see me refer to the new TopBet, which is the best way to describe the sportsbook. At one time TopBet was under the FutureBet/GameTech/IGS umbrella, a sportsbook provider that didn't have the best of reputations. But since the new ownership team took over the domain, it's hard to find fault with what they have done in their first year.
One of the first things the new owners did was bring in a new management crew, including several who have experience with some of the biggest online sportsbooks around. To the average bettor this may not seem like much, but it is worth noting that when the TopBet managers were at their old establishments, the reputations of those sportsbooks were better than they are now.
TopBet is licensed by the Government of the Netherlands Antilles.
TopBet also brought in a new group to handle customer service, including handling payments and payouts, which are all processed by TopBet and player account details are not disclosed at the cashier level. Third-party payment processors are used to deduct the funds from the credit card or mail checks to players. The third-party processors used to make the final transaction are also the same used by BetOnline, Bodog, SBG Global and other big US sportsbooks.
TopBet has one of the best credit card acceptance rates around, averaging 78%, while the industry standard is much closer to 40%. The company said many of the failures are due to players submitting incorrect information, such as an old address or different names on the player's account and credit card.
TopBet leases its primary betting platform from GameTech, but owns all updates and add-ons, which are done in-house. The site itself is definitely a strong point, as it is easy to navigate and very user friendly. Players have the option of getting an e-mail receipt of their wagers, which is a nice feature.
TopBet offers a 10-cent line on baseball, which is a definite must for any serious sports bettor and as an added bonus, often shades the line ever-so slightly towards the favorite, which is great for underdog bettors.
TopBet also offers a complete array of events to wager on, from the major sports to cricket and plenty of others.
Many players are interested in sportsbook bonuses and the new TopBet has a solid program, including a 50% bonus on your initial deposit and 10% thereafter. A number of promotions, such as free wagers on certain events and increased parlay and teaser odds on football Friday nights are also available.
If you're a U.S. player looking for a sportsbook or another outlet, you should definitely give the new TopBet a look. The initial deposit bonus is a great thing for players and the site is one of the better ones. Throw timely payouts (nearly all between four and seven business days) into the mix and you have an excellent place to play.
50% Signing Bonus
Right now when you deposit for the first time at Top Bet we will give you a huge 50% initial deposit bonus on your account instantly. You can use your bonus to make bets or play in our casino right away! The maximum value of the bonus is $250 and it is subject to a 5x rollover* in the sportsbook and a 25x rollover* in the casino. Sign-up now and get your bonus.
10% Bonus on all Reloads
Any time you want to make a deposit you’ll get free cash. After your first deposit you’re always rewarded with a 10% reload bonus up to $100 and it carries a very low rollover requirement* of 3x in the sportsbook and 20x in the casino. Deposit now and automatically get your bonus.