Overall

GT Bets has the framework of a solid sportsbook, but still needs to make a few changes before evolving into a major contender in the industry.

Joey Shadeck | April 17th, 2020

Dislikes
  • Banking options, limits, and fees
  • Loading times for pages
  • Limited additional bets
  • Sportsbook serves less than 5,000 clients

Review Sections:

BettingBuck.com always recommends betting with a US regulated sportsbook over an offshore sportsbook. Offshore sportsbooks are not legal, not regulated by a US governing body, and often not regulated at all. If you live in New Jersey check out our Best New Jersey Sportsbooks.

FeatureGT Bets
US Regulated Sportsbook (legal) No
Casino Yes
Poker No
Legal in New Jersey No
Legal in Pennsylvania No
Legal in Iowa No
Legal in Indiana No
Legal in Nevada No
Legal in West Virginia No

Launched in 2011, GT Bets has less than 5,000 customers, making it the smallest online sportsbook reviewed by BettingBuck.com. The company currently does not accept U.S. players from the District of Columbia, Kentucky, Louisiana, Maryland, Missouri, New York, Oregon, and Washington.

Is GT Bets Safe?

help 43
Trust Score

GT Bets is considered high-risk, with an overall Trust Score of 43 of 99. GT Bets is an offshore sportsbook that accepts U.S. residents as clients, which is considered illegal in the eyes of the U.S. Because GT Bets is an offshore sportsbook, there is no protection of client funds if the company were to go bankrupt or mistreat clients. Trust Score is determined by several factors, such as years in business, legal status, and global footprint, amongst others.

Sports Offered

GT Bets keeps its sports selection simple by catering to U.S. bettors. International leagues are offered on sports such as hockey, soccer, basketball, volleyball, and baseball. Below is a table of some of the most popular sports and leagues offered.

FeatureGT Bets
Total Sports Offered18
Aussie Rules (AFL) Yes
Baseball (MLB) Yes
Basketball (NBA) Yes
Basketball (NCAA) Yes
Boxing Yes
Cricket Yes
E-Sports Yes
Football (NFL) Yes
Football (NCAA) Yes
Golf (PGA) Yes
Hockey (NHL) Yes
Horse Racing Yes
MMA (UFC) Yes
Rugby (League) Yes
Rugby (Union) Yes
Soccer (EPL) Yes
Soccer (MLS) Yes
Tennis Yes
Sports Offered 4.5 Stars

Bets Offered

GT Bets currently offers futures, if bets, parlays, props, moneyline, total, spread, and teaser bets. Prop bets are rarely offered, which is disappointing.

GT Bets offers few additional team bets besides moneyline, total, and spread bets. Soccer games have around 5-6 extra bets, while most hockey, basketball, football, and baseball games have less than 10. This is a key are GT Bets is lacking in. The overall display of bets appears old and is not visually attractive.

Min/Max Bets

Maximum betting limits for GT Bets, which range from $500-$5,000, are slightly disappointing. While the limits on spreads range up to $5,000, professionals will be deterred by the limits on moneyline and total bets ($1,000 for all five major sports and $500 for less popular sports).

Odds

GT Bets finished in 3rd place in our 2019 odds rankings, offering great odds across the board!

GT Bets top odds: MLB moneyline bets (1st), NBA/NCAAF spread and total bets (2nd), NFL spread and total bets (2nd), NFL total bets (3rd), NFL moneyline bets (4th), MLB spread bets (3rd), NHL spread bets (3rd), NCAAB moneyline bets (4th)

GT Bets worst odds: NCAAF moneyline odds (10th), MLB total odds (11th), soccer moneyline bes (12th)

Ranking Process- For this review, odds testing data spanning the NFL, NCAAF, NBA, NCAAB, MLB, NHL, and top soccer leagues was collected. Odds data measures over 1,400 games across nine offshore sportsbooks and eight US regulated sportsbooks. Moneyline, spread, and total bets were analyzed and weighted to comprise a 2019 ranking for each league, with moneyline bets typically receiving over 50% of the weighting.

There are 16-17 sportsbooks ranked for each league, except the MLB, where only 13 sportsbooks were ranked. This is due to some US regulated sportsbooks rolling out after the MLB season concluded.

Banking Options and Fees  

GT Bets pairs an average selection of deposit options with below average withdrawal options and limits.

GT Bets does not allow players to withdraw by check. Instead, they offer a bank wire with a $60 fee and a $100 minimum withdrawal request.

If no bonus is accepted, there are no rollover requirements for withdrawing money.

Deposit Fees

GT Bets offers a variety of depository options that have relatively low minimums and no fees. Other deposit methods include QuickCa$h, Skrill, Neteller, and Pre-paid gift cards.

FeatureGT Bets
Total Deposit Methods6
No Debit/Credit Card Deposit Fees Yes
Debit/Credit Card Fees
No Cryptocurrency Deposit Fees Yes
Deposit Min/Max - Debit/Credit Card$35/Depends on status
Deposit Min/Max - Cryptocurrency$35/$10,000
Banking Options and Fees 2.5 Stars

Withdrawal Fees

GT Bets requires a lot of authentication for payouts, which ensures client safety but also requires more time. All depositing clients must provide documentation before making a withdrawal. Such documentation includes front and back copies of cards used, a valid ID, a signed authorization form, and a copy of a recent utility bill.

Players who deposit by credit card are limited to withdrawing by bank wire for their first two payouts, unless management approves otherwise. This is frustrating considering the largest fees are charged by bank wire withdrawals. No other online sportsbook reviewed on this site forces you to withdraw your money through a certain medium. Even if management approval is lenient, the notion that you have to seek special approval to withdraw money via a cheaper medium is ridiculous.

Banking with GT Bets is only made worse by the $300 withdrawal minimum for bitcoin. The next highest bitcoin withdrawal minimum from an online sportsbook reviewed on this site is only $100.

The overall banking structure of GT Bets needs to be improved. If you are a small-time recreational gambler, I recommend you take your money elsewhere. The only way to gamble at GT Bets fee-free is if you deposit more than $300 in bitcoin and request a bitcoin withdrawal of at least $300.

FeatureGT Bets
Total Withdrawal Methods3
Check Payout Speed is < 10 days No
Cryptocurrency Payout Speed No
No Withdrawal Fees - Check No
Withdrawal Fee Ranges - CheckCheck withdrawal unavailable
No Withdrawal Fees - Cryptocurrency Yes
Withdrawal Min/Max - Check
Withdrawal Min/Max - Cryptocurrency$300/$5,000
Free Check Withdrawals - Set Time Periods No
Banking Options and Fees 2.5 Stars

Live Betting

While GT Bets offers live betting, the display is primitive.

The live betting menu looks the same as the normal betting menu. When odds change there are no indicators showing whether they are going up or down. There is no display of the current score of a game or who is winning. Also, a player can make only a limited number of live bets – usually less than five – on a game. For me, the overall experience was dry and forgettable. Currently, GT Bets offers live betting for the NFL, MLB, NHL, WNBA, NBA, soccer, tennis, and the NCAAB/NCAAF.

Mobile Betting

The mobile interface on iPad and iPhone 7 looks exactly like the online website. On my iPhone 7, the only difference is additional menus for navigating through the site. These menus are messy and make it harder to use the website. Unfortunately, the site operates at slower speeds on both mobile devices. At this point in time, GT Bets has no plans for a mobile app.

Customer Service

GT Bets is one of few sportsbooks that does not offer 24/7 customer service. Their live chat support and phone lines only run from 10:00 am-3:00 am. However, their email support responded to me the same day, and was friendly and most helpful.  

The quality of customer service is mediocre. Employees are knowledgeable, but not friendly or quick to respond. There were a few instances where I was left on live chat unanswered for a few minutes. While waiting is a minor annoyance, the fact that I was not told I was going to have to wait aggravated the issue.

Education and Research

GT Bets has a glossary of sports betting terms as well as a few pages and videos dedicated to betting types and placing bets. The videos are a nice touch for anyone betting for the first time.

Education GT Bets
GT Bets provides first-time users vidoes on how to place a bet.

Statistics

GT Bets offers players useful statistics on team performances, as well as head-to-head pitching previews for baseball. These stats are a useful bonus GT Bets offers players at no extra cost.

Statistics 1
Some of the free statistics GT Bets provides bettors.

Reputation

GT Bets is an offshore sportsbook, meaning it is illegal in the eyes of the US government. BettingBuck.com always recommends betting with a US regulated sportsbook over an offshore sportsbook. If you live in New Jersey check out our Best New Jersey Sportsbooks

GT Bets shares some of the same management team as VIP Sports, which has had conflicts in paying winning players in the past. That said, GT Bets has not had any legal discrepancies or reports filed against them since the company’s establishment in 2011. Any minor payout issues appear to have been resolved. The company scored low in this category because it has been online for only a few years and has a smaller number of clients than other offshore sportsbooks.

Other Notes

Bonuses

The "favorite teams" bonus GT Bets offers is uniquely amazing.

I opened my account without depositing any money. Afterwards, a sales agent emailed me with a welcome to the website and offered me an additional 5% bonus on my first deposit.

Aside from industry-standard bonuses, GT Bets offers a favorite teams’ bonus. For this bonus, bettors select their favorite NBA, NFL, and NCAAB/NCAAF teams prior to the start of the season to receive a half point line adjustment free on every game. This offer has no rollover requirements and is available only on straight wagers. For example, if you select the Green Bay Packers and they are favored at -7, the line offered for you will be available at -6.5. This promotion/bonus is unique and makes betting for your favorite team a lot more fun. A half point on NFL lines can make a substantial difference.

Below are the current bonuses GT Bets offers. Always be sure to read all the terms and conditions before accepting a bonus from an online sportsbook.

GT Bets Bonuses

Once I opened my account, the bonuses page became personalized to my account. Each bonus I was eligible for was shown, as well as the rollover amount. This was the first time a sportsbook I've used has outlined the rollover in transparent terms.

Promotions
I appreciated the honesty displayed in rollover points for my personalized bonuses.

Newsletter

GT Bets also offers a unique email newsletter promotion. If bettors add newsletter@gtnewsletter.com to their email contact list, they will receive newsletters that contain point discounts on bets, game-of-the-week specials, sweepstakes giveaways, no juice or half juice specials, and more. GT Bets goes above and beyond to keep players engaged and having fun with unique offerings throughout the year with this newsletter. 

Restricted Countries

GT Bets does not accept wagers from players residing in Israel, Russia, Latvia, Belarus, the United Kingdom, The Netherlands, The Netherlands Antilles, Aruba, Canada, Chad, Cuba, Denmark, France, Haiti, Iran, Iraq, Italy, North Korea, Myanmar, Serbia, Sierra Leone, Somalia, Syria, Sudan, Suriname, Libya, and the following U.S. States: District of Columbia, Kentucky, Louisiana, Maryland, Missouri, New York, Oregon, and Washington.

Final Thoughts

The discounted lines GT Bets offers for favorite teams as well as the statistics and newsletter promotions make the sportsbook positively unique. Unfortunately, however, the lack of additional props/bets, short lifespan of the website, outdated website, and horrible banking options make GT Bets a long shot for modern bettors.

Methodology

For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.



Learn more about how we test.


Joey Shadeck

About the author: Joey Shadeck is a research analyst for BettingBuck.com. He has been a sports fan all his life, football and basketball being his two favorites to watch. Joey remembers betting his mom that the Green Bay Packers would beat the Detroit Lions as early as elementary school. He has 5 years of online betting experience with hundreds of bets placed during that time.


Ratings Overall

Summary

Odds
Bets Offered
Banking Options and Fees
Live Betting
Mobile Betting
Education and Research



arrow_drop_upBack to top