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Sportsbook Review : Olympic Sportsbook
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Summary Review | >>Sign-Up
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Overall
Rating (1-5 Stars):
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Pros & Cons
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Pros:
Good selection of sports
Comprehensive choice of wagers
Cons:
No contest and below average bonuses
Poor website and limited sports information |
URL
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www.thegreek.com |
Description
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Upon visiting TheGreek Sportsbook for the first time, users will note a unprofessional layout & user interface. Hosted by "the Greek," who claims to have launched the service in response to the challenges he faced while using other online sportsbooks, TheGreek offers a more personalized approach to wagering. Unfortunately, this means poor site content, a lack of information, and an overall negative first impression for new users who visit the site. One could never imagine, from visiting the website, that it is a professional operation that employs 150 staff.
Creating an account and getting started is easy enough. TheGreek clearly targets high-stakes players, requiring a minimum deposit of $100 & allowing bets of $20,000 or more. Once an account has been created, users can place wagers via the Internet or by phone. The range of sports covered is fairly standard -- users can bet on the 4 Major US sports, Horses, Golf, Soccer, Tennis, Boxing, Motor Racing, Rugby, and Cricket.
Deposits can be made in a number of ways, including Neteller, Firepay, Visa/Mastercard, Western Union, FedEx, and by Bank Wire. While the company advertises a 10% Bonus on Deposits over $500, users reading the small-print will note that this does not apply to credit card deposits, and it only applies to accounts created online. Deposit fees are waived when the funds transferred exceed $300.
Utilizing the TheGreek wagering system is relatively easy. A minimum deposit of $5 applies to all Sports wagers, while horse bets require a minimum of $1. An experienced player seeking efficiency will appreciate the bare-bones interface and straightforward wagering process. Others have the option to place bets by phone. Telephone access and customer support is provided 24-hours a day, via a toll-free number. Customer service is good, but a clear notch below the leading online sportsbook sites. Conversations are recorded for all telephone bets, so that they may be referred to in the event of a misunderstanding or dispute.
Known for processing fast withdrawals, TheGreek claims that in some cases they can even offer same-day fund transfers. However, the fees associated and stipulations noted in the small print tell a slightly different story. Withdrawal methods include Visa, Neteller, Firepay, FedEx/DHL check, Bank Wire, and Check by Mail. There are fees associated with almost every withdrawal type, ranging from $25 for Bank Wire to $5 for a check by regular mail. Various limitations include the inability to withdraw for the first 7 days after making certain types of deposits. The additional fees and regulations add to the many negatives associated with the service. Cheaper and more professional alternatives clearly exist.
With an established user base and betting lines that are attractive to experienced players, TheGreek Sportsbook has survived for a long time within the increasingly competitive world of online wagering. An outdated UI, poor site content, and limited bonuses place the Jamaica-based service several notches below the majority of major Sportsbooks.
Upshot: Not Recommended |
Initial
Deposit Bonus
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10% |
Initial
Deposit Bonus Terms
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Bonus on deposits over $500 with a maximum bonus offered of $1000 |
Re-Load
Bonus
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10% |
Re-Load
Bonus Terms
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Deposits over $300 |
Recent Contests
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None |
Sports Offered
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| Year
Started |
1987 |
Languages
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English |
Site
Speed
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Slow |
Deposit Methods
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Neteller; Firepay; Visa/Mastercard; Western Union; FedEx; Bank Wire |
Withdrawal & Pay-Out Methods:
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Visa; Neteller; Firepay; FedEx/DHL; Check; Bank Wire; Check by Mail |
Minimum & Maximum Bets/Pay-Outs:
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Minimum Bet:
$5 for Sports
$1 for Horses
Minimum Deposit: $100
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Types of Wagers
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Parlays, Teasers, Straight Wager, Buy Points, Futures, Props, Moneylines, Over/Unders, Pointspreads, If/Win & If/Action, 1st & 2nd Half |
Customer Service
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Telephone: 24x7, 365 Days/Year
Email: 24x7, 365 Days/Year |
Software
Used
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V-Chip |
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