Elite Sportsbook Review
Top Takeaways for 2021
After testing 20 online sportsbooks for our 2021 review, here are our top findings on Elite Sportsbook:
- Overall, the quality of the sports betting experience is nowhere near that of DraftKings, FanDuel, or PointsBet, all of which are available in the same states where Elite Sportsbook operates.
- Elite Sportsbook cuts corners in almost every category: It has limited banking options, lacks a dedicated live betting menu, and daily odds boosts (among other essentials) are nowhere to be found.
- As of February 2021, Elite Sportsbook has no mobile app, forcing users to make do with its mobile website.
Supported states: Colorado and Iowa.
|Sports & Bets Offered|
|Bonuses & Promotions|
|Ease of Use|
Sports and Bets Offered
The most common sports and bet types are available at Elite Sportsbook, and that’s about it. Compared to industry leaders like DraftKings, FanDuel, and PointsBet, it simply lacks the firepower to compete. For example, a typical offering on an NFL or NBA game is well over 50 prop bets at those sportsbooks. At Elite Sportsbook you’ll likely find just 10 or 20 prop bets. That, combined with the lack of unique bet types, free-to-play contests, and daily odds boosts, and Elite Sportsbook falls well short of being an elite option for bettors.
Prop bets: Elite Sportsbook offers several player props for most games. Quick refresher: A prop bet focuses on something other than the outcome of the game, typically team or player stats (e.g., “Will Bradley Beal record over or under 33.5 points?”).
Cash out feature: Like most sportsbooks, Elite Sportsbook has a cash out feature that allows bettors to amend their original bet and lock in a profit or a loss by settling the bet (or a portion of the bet) before the event has concluded.
Daily odds boosts: Elite Sportsbook is one of the only betting sites that does not offer any sort of daily odds boosts. An odds boost is like getting a free gift with a purchase, giving you more bang for your buck on specific bets.
As denoted by the table below, Elite Sportsbook offers good odds on NCAAF moneyline bets, NFL total bets, NHL moneyline bets, NHL total bets, and NHL spread bets. For comparison, if average NHL spread odds on a team are +130 at other sports betting sites, Elite Sportsbook might offer odds at +140. In this example, every dollar wagered would return $1.40 at Elite Sportsbook versus $1.30 at other sites.
Meanwhile, Elite Sportsbook offers below average odds on soccer moneyline bets. For comparison, if average soccer moneyline odds on a team are -110 at other sports betting sites, Elite Sportsbook might offer odds at -115. In this example, every dollar wagered would return $.87 at Elite Sportsbook versus $.91 at other sites.
Methodology: To score Odds, Moneyline.com gathered data from 20 sportsbooks over five months. For our 2021 Sportsbook Review, over 34,000 data points were collected for spread, moneyline, and over/under (bets).
Leagues and bet types collected include NCAA football moneyline bets, NCAA basketball moneyline bets, NFL moneyline, spread and total bets, NBA spread, moneyline and total bets, NHL moneyline, puckline and total bets, and soccer 3-way result (moneyline) bets. When collecting odds, we made sure to collect the same games at the same time for each sportsbook, ensuring data accuracy.
Live betting at Elite Sportsbook is closer to a strikeout than a homerun. For starters, there’s no dedicated tab for the live betting menu. Users have to take a detour back to the homepage to get there. No bueno. There’s also no live running clock on the live betting page (you’ll have to wait for the clock to auto-refresh every couple of seconds). And even standard features — like instant betting, live match tracking, and a display of each team’s score by quarter — are absent. Outside of betting live spread, moneyline, totals, and a few props, live betting at Elite Sportsbook is bland.
Live Streaming: Live streams, as the name implies, allow users to stream games live from their phones. Elite Sportsbook does not yet offer live streaming. (Note, due to the high cost of broadcast licensing rights, live streaming at most sportsbooks is currently limited to international leagues and less-popular sports such as soccer and tennis.)
A sportsbook that doesn’t have a mobile app? The lack of mobile apps (as of when this review was written) is a one of the biggest strikes against Elite Sportsbook. Users can still bet from a mobile device using the Elite Sportsbook website, but it’s just not the same. Mobile apps have dedicated tabs at the bottom to help users effortlessly navigate the to their account, different sports, live betting, bet slips, promotions, etc. Mobile websites don’t typically have these tabs. They can also take longer than an app to load games and betting options — not ideal when every second counts.
Elite Sportsbook’s quality of education is surprisingly good and is sufficient enough to teach newcomers the most common bet types. Finding the educational content isn’t easy, though. Hint: It’s buried in the frequently asked questions section.
Bonuses & Promotions
Elite Sportsbook’s first-deposit bonus is in line with most of the industry. Ongoing promotions for existing customers, however, feel like they’ve been added as an afterthought.
New customers: A risk-free bet up to $500 is the headlining bonus at Elite Sportsbook. It’s the same bonus found at several different sports betting sites, except elsewhere new bettors are offered the choice of additional welcome promotions. For the best bonuses, check out FanDuel and PointsBet.
Existing customers: To my surprise, Elite Sportsbook offered only a single ongoing promotion when this review was written in February 2021. For comparison, top sportsbooks almost always have three to eight ongoing promotions, especially during the winter months.
Without a dedicated mobile app, Elite Sportsbook isn’t even in the same league as sportsbooks like DraftKings, FanDuel, and PointsBet. Add to that Elite’s sub-par live betting experience and average variety of bets and promotions, and it’s hard for us to even justify opening an account just for fun.
About Elite Sportsbook
Elite Sportsbook is operated by Elite Casino Resorts, which owns and operates hotel and casino properties in Iowa and South Dakota. Read more about Elite Casino Resorts website.
What states is Elite Sportsbook legal in?
Elite Sportsbook is legal in Colorado and Iowa.
What deposit methods does Elite Sportsbook offer?
Deposit options vary by state. We tested Elite Sportsbook in Colorado and bettors were limited to depositing money exclusively via Play+ prepaid cards or cash at certain casinos. There was no option to deposit directly from an existing bank account or PayPal account… a big inconvenience for Elite Sportsbook customers.
|Minimum Deposit||Not listed|
|Total Deposit Methods||2|
|No Debit/Credit Card Deposit Fees||No|
|Deposit Min/Max - Debit/Credit Card||N/A|
What withdrawal methods does Elite Sportsbook offer?
Withdrawal options vary by state. When we tested Elite Sportsbook (Colorado), Play+ prepaid cards and cash at certain casinos were the only two available withdrawal methods. As with deposit methods, Elite Sportsbook is sorely lacking here and, in fact, has the fewest number of banking options of any sportsbook we’ve tested.
|Minimum Withdrawal||Not listed|
|Total Withdrawal Methods||2|
|Check Payout Speed is < 10 days||No|
|No Withdrawal Fees - Check||No|
|Withdrawal Min/Max - Check||N/A|
What kind of customer support does Elite Sportsbook provide?
Elite Sportsbook currently offers email support, live chat support, and phone support. Hours of operation for each method of customer support are not currently listed on the sportbook’s website.
What sports can you bet on at Elite Sportsbook?
Elite Sportsbook offers betting on 13 different sports throughout the year.
|Total Sports Offered||10|
|Aussie Rules (AFL)||No|
|Sports & Bets Offered|
For Moneyline.com’s annual best online sportsbooks review, we collected more than 36,000 data points over five months from 20 sportsbooks that serve 11 states where full-scale mobile betting is legalized. Hundreds of hours were spent testing and scoring each sportsbook (mobile and online/desktop) in seven core categories: sports and bets offered, odds, live betting, mobile betting, education, ease of use, and bonuses and promotions. The results determined each sportsbook’s overall rating.
Data from more than 1,700 bets (including moneyline, spread and total bets) was used to generate each sportsbook’s comparative odds ranking. Leagues and bet types collected include NCAA football moneyline bets, NCAA basketball moneyline bets, NFL moneyline, spread and total bets, NBA spread, moneyline and total bets, NHL moneyline, puckline and total bets, and soccer 3-way result (moneyline) bets. When collecting odds, we made sure to collect the same games at the same time for each sportsbook, ensuring data accuracy.
About Moneyline.com’s chief sportsbook researcher, Joey Shadeck: I’ve been a hobby sports bettor for more than six years, placing hundreds of bets on my favorite sports (football, basketball, MMA) and teams (Packers, Spartans, and whoever is playing the Lions). Beyond sports betting, I’m known for saying “Wanna bet on it?” in almost any situation and that is how I found out I can eat 42 chicken nuggets in less than 20 minutes.
As of February 2021, 22 different states have legalized sports betting to some capacity. Of those 22 states, the following 11 have legalized full-scale mobile betting: Colorado, Illinois, Indiana, Iowa, Michigan, Nevada (must register in-person), New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia.
About the author: Joey Shadeck Joey Shadeck is the lead writer for Moneyline.com and content strategist for Reink Media Group. He has closely tracked sports betting in the United States for the last two years, compiling hundreds of data points across dozens of sportsbooks. He has 6 years of online betting experience with hundreds of bets placed during that time.