At Betcoin Sports you can try the unique experience of betting online using the newly found (since January 3rd, 2009) cryptocurrency called Bitcoin. Using Bitcoins when gambling online is not only considered safer by some users, but it also comes with lower costs and less hassle when settling scores after some wagering has been done. You can read all about why we think Bitcoin is an excellent alternative to using regular currency when you want to bet on sports online in our article; Using Bitcoin for Online Gambling.
If you know enough about Bitcoins so that you feel comfortable using it, you can read on for our review of one of the best online bookmakers when it comes to Bitcoin sports betting at the moment. We have taken a look at the different aspects of this website and its functions for the user.
Given that this is a relatively newly formed operation, Betcoin Sports does not have as wide a selection of sports and betting options that other bookmakers might have. However, you will still find the largest markets offered in conjunction with the most used betting options. You have the 4 biggest american sports in american football, baseball, basketball and ice hockey. In addition there are soccer, horses, tennis, UFC, golf and a few other markets. At the moment, they do not offer cricket, but they are in the process of adding this to the mix.
Besides their sporsbook, Betcoin also features two other sites, Betcoin Poker and Betcoin Casino. You can fund these using the same Bitcoins that you add to your main betting wallet. The traffic isn’t huge at the poker site, but it is far lower leveled considereding the clients are just looking to spend their coins. I found the playing level to be rather low, but that may vary relatively to your skill level.
In the casino you will the find the best games like blackjack, baccarat, roulette, craps, slots and more. These are like you find at regular online and BM casinos and will give a pleasent experience and the chance to strike it big with your coins.
Betcoin’s support is very good. They do not have a phone service or live chat like the biggest bookies, but between their peak hours, 10am-10pm eastern standard time, they will respond quickly to mail correspondence. Just fill out their form and they will get back to you very quickly. For me, I got a response within 10 minutes everytime (think I had 4 questions when doing this review).
As for your banking options, you don’t have that many choices, as the only currency used is Bitcoins. This is what sets this sportsbook apart from other online bookies. Using Bitcoins allows for total anonymity. If you regard Bitcoins safe, as I assume you do, then this is a great option to use to meet your gambling needs and feel secure about your funds.
When you deposit 10 BTC you will receive 1000 Universal Sports Dollars (USD, what a coincedence :)) that can be used to wager with. The minimum deposit amount you can do is 0.05 BTC, and the same is the minimum betsize, whereas the max is all the way up to 200 BTC. You will also receive a bonus of 1 BTC on your first deposit.