The biggest advantage of bitcoin is probably the fact that it does not require/allow any third party (banks, governments) involvement. This means there is virtually zero processing or transaction fees and no tax is levied on your bitcoin winnings. Withdrawals and payouts are almost instantaneous and bitcoin bookmakers do not put you through a tedious verification processes where you are required to send them utility bills and copies of your passport or drivers license.
A growing number of bitcoin sportsbooks have developed mobile web-apps that are compatible with virtually any iOS, Android, Windows Phone or BlackBerry device. After testing every major bitcoin sports betting app, we think these 2 are the best.
NITROGEN SPORTS - WWW.NITROGENSPORTS.EU
Like with most bitcoin bookies, Canadian and American sports leagues like the NFL, NBA, NHL and MLB take centre stage. Of course it is also possible to bet on popular global sports such as boxing, cricket and soccer via the Nitrogen app.
Signing up with Nitrogen Sports is quick and easy. All they require is an active email account and little else. No personal information is required so it's a prefect option for sports bettors in the United States who would prefer to remain anonymous. Nitrogen Sports will instantly double your initial deposit up to five bitcoins, making it the most generous bitcoin welcome bonus available today.
Nitrogen offer by far the largest betting limits of any Bitcoin sportsbook. For instance, you can place a bet of up to 50BTC on American Football or English Premier League games. The minimum bet amount currently stands at 0.001 BTC. In our experience Nitrogens betting odds compare favourably to major online bookmakers like 5Dimes, Pinnacle and Ladbrokes.
Like with most Betcoin bookmakers, withdrawals are instantaneous. The vast majority of payouts are automated so you have instant access to your winnings 24/7. Larger withdrawal requests that need approval may take a few hours to process. The security of player funds is also a top priority, with most bitcoin kept offline in cold storage with split keys. You can also opt to enhance the security of your account using 2-step authentication.
To summarise, Nitrogen is currently streets ahead of the competition when it comes to bitcoin betting online. Their sports betting apps is well designed, offers competitive odds on a wide range of betting markets and you get an instant deposit of up to 5 BTC. The addition of live chat support would be a welcome addition but that is a minor quibble.
BETCOIN SPORTSBOOK - WWW.BETCOIN.AG
BetCoin are one of the few bitcoin betting sites to accept both BitCoin and LiteCoin. BetCoin welcomes United States sports bettors and only require an e-mail address for registration (incase you forget your login details). No other personal information is required.
The BetCoin sports betting app has a slick black and red design that is not too dissimilar to anyone familiar with the Bovada or Bodog app. Just enter the live betting section to get a complete list of the days upcoming events. Betting options include parlays, half betting, propositions, futures and teasers. The minimum bet is 0.1 credits (0.0001 btc) and the maximum bet amount is 2,500 credits (2.5 BTC).
Unfortunately, at the time of writing Betcoin do not offer sports bettors any kind of deposit bonus although their new casino and poker players do enjoy a 100% match bonus of up to 1BTC. Customer support is provided by email or live chat.
Overall Betcoin have produced a well-designed mobile sportsbook that works great on any iOS or Android device. The site caters for all types from the novice to intermediate and experienced gamblers. Their poker software and casino games are also compatible with most smartphones and tablets.