The Greek Sportsbook Review

When finding any online sportsbooks, there are some factors a prospective customer should take into consideration: financial status, betting ease, ease of making deposits and withdrawals, wagering options and bonus programs.

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Of these five, definitely financial status matters most, as it does not matter how many bonuses a sportsbook gives you or how easy it is to make a bet if they do not pay you when you ask for your money.


Here we will look at The Greek, an online sportsbook which consistently gets high marks from sports gamblers and for good reasons. The Greek was a well known sportsbook for United States gamblers until 2011, when it pulled out of the US market, but is still very popular for bettors that reside in other nations.

Having The Greek pull out of the US market was not enough for the Department of Justice and founder Spiros “The Greek” Athanas was shown in 2013 for Racketeering Conspiracy, Illegal Gambling Business and Conspiracy to Commit Money Laundering. A plea agreement is expected to be reached late in 2015.

The Greek Background

The Greek has existed since 1996, making it one of the longest lasting sportsbooks around. The Greek is also popular to many sports bettors as Olympic Sports, which is now the name of the parent company which controls The Greek.

The Greek is situated in Montego Bay, Jamaica and they accept deposits by credit card, bank wire, money transfers, cashier checks or bank drafts, among others, making getting started a quite easy process.

The Greek provides many methods for making deposits or withdrawals, so funding an account or getting your money should be a quite simple process.

Financial Status

Gamblers are confident to deposit their funds in The Greek, as the company’s reputation for making quick payments is well known in the sports betting fraternity, including by several independent online sportsbook watchdogs, Sportsbook Review and the Off Shore Gaming Association.

The Greek’s slogan is “Sweat the game, not the payout” and the company does a great job of living up to this motto.

Wagering Ease

The Greek’s online site is quite simple to navigate and players can login into the system by using a guest account to work out any bugs before making their first wagers. The company accepts phone bets for those times you cannot be at your computer and the minimum phone bet is just $5 USD.

Bettors can make a number of exotic bets, including teasers, reverses, parlays, round-robins, and can purchase half points.

The Greek advertises that it welcomes action from professional gamblers, so gamblers do nto have to worry about being cut off if they are winning on a regular basis. This alone, makes The Greek a worthwhile place to open an account.

Several years ago, The Greek was noted for being one of the few online sportsbooks that accepted bets on the added basketball games, which many other sportsbooks now do. The Greek is still ahead of many other sportsbooks, as it is one of the first places to provide overnight lines.

Bonus Program

The Greek provides an solid bonus program, where you can gain up to $1,100 on your first deposit and you earn 10% up to $250 and $500 each month on extra deposits. The Greek also provides a 20% bonus when you refer somebody to open an account. Not all deposit methods qualify for subsequent deposit bonuses, make sure to check the rules or inquire with customer service first.

The Greek is still a great option for sports gamblers who are not living in the United States.


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