The former England and Somerset hero, now a commentator for Sky, was clocked by one of the most lucrative mobile speed cameras in Scotland as he drove along the M80 near Falkirk last summer.
The camera, which is mounted in a police van periodically parked on the Barnego Road overbridge at Stenhousemuir, Stirlingshire, recorded him driving at 81 miles per hour on the motorway on June 24 (2013).
The road is subject to the national 70 mile per hour limit for motorways.
At Falkirk Justice of the Peace Court, a local solicitor representing Botham, 58, of Richmond, North Yorkshire, tendered a guilty plea on behalf of the all rounder.
Botham was not present as he is currently in the West Indies working as a pundit for Sky TV covering England's T20 series.
Prosecutor Lorna Harris told the court that a "conditional offer of a fixed penalty notice" had been made to Botham, but not taken up.
The court heard that Botham was driving his Land Rover Discovery Hse Luxury Sdv6 A.
Justice of the Peace Ian Sneddon ordered his licence to be endorsed with three penalty points.