GTbets Offshore Betting 2021
GTbets opened its business in Curacao back in 2011 and offers US customers an offshore gambling resort with a rather modern look and lucrative promotions, enjoying a limited market and lenient laws. However, it also holds many risks for players one needs to learn before even considering it.
With lack of suitable licenses, there is no real control over the bookie and we thus cannot suggest making an account here, but let’s now take on a detailed GTbets review to learn what the sportsbook is all about and the actual reasons why it should be avoided by the US players.
GTBets Sportsbook: Pros & Cons
GTbets bonus consists of two deposit bonuses, where you get a match first deposit bonus of up to USD 500 as well as a 50% second deposit bonus of up to USD 250, with a 5x wagering requirement and a minimum eligible deposit of USD 35. The bonuses are not available for depositors using Skrill and Neteller – where the provider gets a little vague and advertises a single 50% bonus where players should contact customer support to claim it.
This bodes well among the offshore competitors but still feels a long way behind the state-licensed casinos and bookies, who often get players better welcome packs including free money and bigger match deposit bonuses.
To compare this offering with bonuses from top betting sites, take a look at our guides to the latest DRF coupon code and TheScore sportsbook promo code offers.
GTbets app looks slick and boasts a modern design with big pictures and easy controls through a dropdown menu on the left, as well as all important links at the bottom of the page. However, this seemingly comes costly as the website can feel sluggish on occasions, which is literally unacceptable especially with live betting and cash outs.
The deposit options include a number of different options but get limited for US players, which is against a limiting factor. Players can use Bitcoin, VISA, MasterCard, American Express, and gift cards to deposit money but the GTbets withdrawal options are even more restricting – especially at the sole start.
Indeed, withdrawals take fees and management needs to approve players’ requests to do so via Bitcoin, Direct Cash, Quick Cash, or Back2Card, which adds to the unwanted suspense and unpredictability when one wants to take their money out. Otherwise, GTbets bank wire is available and takes a big fee of USD 60.
The customer support is easily accessible on the website, with a Contact Us form in shape of a drop-down which links players to a number of different channels available. There’s one call center telephone line available through most part of the day, Live Chat option which is online 24/7, as well as a number of e-mail addresses for different purposes.
While the CS offers different approaches, many reviews for GTbets have seen a mixed bag of opinions on their professionalism, friendliness, speed, numbers of knowledgeable agents, and more. We have also seen the live chat inexplicably unavailable at certain points, which can be worrying for some players.
Indeed, sports betting books have been in the focus of online controversy as offshore betting companies enjoyed a limited market with no great possibilities for American players over the years. This has been slowly changing and the lenient gambling laws have now allowed prominent bookies to ask for online licenses in many states – most prominently New Jersey and Nevada – which has affected the development of the market.
While the offshore online casino operators still offer US players access to their sportsbook, with legal alternatives and renowned companies moving into the market come increased choices – which could soon see a halt in the offshore business. The state-licensed bookies offer high-quality service with a guarantee of fair play and player safety, regulated by government agencies such as Division of Gaming Enforcement.
Completing a detailed GTbets sportsbook review is impossible without questioning is GTbets legal, which holds no simple answer and asks for a closer look at the US laws and regulations. The offshore operator holds no license to operate in the United States but still accepts US players, using loopholes and working in a grey area to provide such services.
GT sportsbook thus works as the sole arbitrator when it comes to issues with players from the United States, which comes as a worrying factor for more experienced players who have had such contacts with operators before – knowing well the customer support often only works to protect the interest of the company.
The changing laws have now allowed the players with legal alternatives, where many renowned companies opened online businesses with proper licenses to better satisfy the customers’ need to take their gambling on the go or from the comfort of their home.
This brings on a question of how long it takes for the government to start controlling the market strictly, which could see the offshore operators shut down or blacklisted and prosecuted. While there have been no player prosecutions yet, this also holds dangers for player data and funds in such circumstances – which could be unretrievable if such a scenario.