BetDSI Sportsbook Review

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BetDSI Review

BetDSI has been a part of the offshore sports betting industry since 1991, making it one of the longest-running sportsbooks. Over the years, it gained a reputation for high betting limits and sharp odds, especially after partnering with Bookmaker.eu, a top-tier sportsbook.

However, its reputation has taken a hit in recent years, with reports of delayed payouts and frozen accounts becoming more frequent. Since its split from Bookmaker.eu in 2017, BetDSI has struggled to maintain player trust, leading many bettors to seek alternative sportsbooks.

This review takes a deep dive into BetDSI’s history, ownership changes, betting limits, and overall reliability, helping you determine if it’s still a viable option.

Best Alternatives to BetDSI Sportsbook

BetDSI Sportsbook – Origins & History

Diamond Sportsbook International (BetDSI) was founded in 1991, long before online sports betting became mainstream. For much of its early history, BetDSI was considered a reliable choice for serious sports bettors, particularly after partnering with Bookmaker.eu, one of the largest sportsbooks in the U.S. market.

In 1998, BetDSI launched its online platform, marking its transition into the digital betting space. Over the years, it operated under various names, including DSI, 2BetDSI, and Diamond Sportsbook. The company was officially registered as Aracosia de Oriente, S.A. in Costa Rica, where it continued to operate.

Despite its strong start, BetDSI’s reputation began to decline in the late 2000s, especially after it parted ways with Bookmaker.eu in 2017. Since then, the sportsbook has faced numerous player complaints related to frozen accounts and delayed payouts, leading to a downgrade in its overall rating.

BetDSI Shut Down

Since parting ways with Bookmaker.eu, BetDSI has experienced a rise in player complaints, particularly concerning frozen funds and delayed withdrawals. One prominent case involved a player whose account—holding nearly $24,000—was frozen after multiple successful withdrawals.

Despite processing deposits and payouts for this player over two years, BetDSI suddenly claimed the player hadn’t completed identity verification. This situation, unresolved after months of attempts to withdraw, has significantly damaged BetDSI’s reputation.

BetDSI’s Troubled Past and Ownership Change

Before BetDSI’s acquisition by BetCRIS in 2003, the sportsbook faced significant internal issues. There were reports of financial instability and complaints about how the company treated its employees. According to Costa Rican law, employees are entitled to one-month severance pay for every year worked, but it’s unclear whether BetDSI met the legal requirements to file for bankruptcy. These problems eventually led to BetDSI’s acquisition by BetCRIS, which stabilized the company for a time.

BetCRIS Acquisition

After substantial downsizing, BetDSI was acquired by BetCRIS in June 2003. They kept their few dozen employees and moved their operations into the BetCRIS offices. DSI began by renting their offices but later started using the same betting software and customer service. BetCRIS left U.S. online betting markets due to legal issues. Bookmaker.eu was formed to take on their U.S. customer base. Both BetDSI and Bookmaker continue to operate in the U.S. market today.

BetDSI.eu vs Bookmaker.eu – Compared

Although BetDSI and Bookmaker.eu were once closely linked, they now operate as separate entities. Many bettors assume they are direct skins of each other, like Sportsbetting.ag and BetOnline.ag, but while they share the same cashier system, fast payouts, and reliability, there are notable differences.

For instance, their odds and markets are not identical. Most lines are similar, but players may notice small differences between the two. While we’ve looked for significant advantages—such as underdogs being better valued at one sportsbook over the other—there isn’t anything concrete. Both sportsbooks accept Bitcoin and process payouts quickly, typically within a day, making it easy to move funds between them if better odds are spotted.

Betting Limits and Markets

BetDSI is known for its high betting limits, making it a solid choice for sharp bettors. These limits are on par with Bookmaker.eu, which offers some of the highest stakes available in the offshore market. However, recreational bettors may find BetDSI less appealing due to its focus on high-stakes action and fewer promotions for casual users.

Betting limits at both sites are now the same, although BetDSI once had lower maximums. Both also share the BetPoints VIP program, but their promotions differ, with BetDSI offering some deals that aren’t available at Bookmaker.eu.

Can You Bet at Both Sportsbooks?

There is no rule that players can’t hold accounts at both BetDSI and Bookmaker. They can even bet on both accounts simultaneously. The only issue to consider here is the circumventing of betting limits. If players max out a market at BetDSI and head over to bet more on it at Bookmaker, would that cause of a problem? The short answer seems to be no.

Management has stated to players that “once you reach the betting at one of the sportsbooks, you will need special approval to bet at the other.” However, bettors have maxed out markets at one book and then gone to the other without any problems.

For larger markets, this won’t be an issue for most betters. Both sites have identical limits that are quite large. It’s something to consider for smaller markets, but we highly doubt that they would mind much about that.

Either way, it would be highly unlikely that management at either site cancels a wager either pre-match or retroactively. The necessary steps they would take is to make sure it doesn’t happen again after a player maxes out a market at both sites.