[ANN] Bitcoin Sportsbook, Racebook and Casino - www.btcsportsbetting.com

[BTCSports]

We would like to introduce http://btcsportsbetting.com a new Bitcoin only Sportsbook, Racebook and Casino.  

We have been in private beta for the last two weeks and will be taking on players within the next 48 hours.  If you would like an account you can request an invite at http://btcsportsbetting.com/requestinvite.htm.

We are also offering .01 BTC free to anyone who Likes us on Facebook and Follows us on Twitter.  More details on this can be found here, http://www.btcsportsbetting.com/freebtc.htm.

Now for the details on our service from our FAQ.

Who Are We?

We are an online Sportsbook, Racebook and Casino based in San Jose, Costa Rica. We have considerable experience in bookmaking and online gaming.

Why Are You Opening a Bitcoin Sportsbook, Racebook and Casino?

Although not early adopters we see the opportunity that Bitcoins offer to online gaming as incredibly unique and useful. From a legal point of view we feel that gambling with Bitcoins is considered “play” money comparable to Zynga’s online Zynga Poker. (Please see http://btcsportsbetting.com/is-it-legal for more on this) The ability to send Bitcoins securely and unhindered across borders in combination with the use of anonymity programs such as those offered by Tor Project (http://www.torproject.org) means that anyone anywhere can play with us. Simply put Bitcoins may be exactly what online gaming needs.

What Can I Bet On?

In our Sportsbook we take action on all Professional and Collegiate American sports (Football, Basketball, Baseball and Hockey) in addition to MMA, Nascar and Golf. We also take action on various international Soccer leagues and other sports such as Rugby, Tennis and Cycling.

In our Casino we offer over thirty games including Blackjack, Craps, Roulette, Video Poker and Slots. Basically if the game can be found in a land based casino you can bet on it with us. You can see screenshots of all of the Casino Games we offer here (http://btcsportsbetting.com/casino-games).

We currently only take horse wagers on major stakes races such as the Kentucky Derby, Preakness and the Belmont Stakes but that may change in the future.

What Are The Betting Limits?

The minimum bet in our Sportsbook is 5 dBTC (.5 BTC) and our maximum bet is 500 dBTC (50 BTC). Higher limits can be negotiated.

Our Casino features limits as low as .05 dBTC (.005 BTC) up to 200 dBTC (20 BTC).

Are My Bitcoins Safe?

Definitely. We take security very seriously. Without getting into detail the steps we have taken to protect our Bitcoin wallets are substantial.

If there is one criticism about Bitcoins currently it is the security (or lack thereof) that is included with the Bitcoin client. The security of sending Bitcoins has never been in question, all Bitcoin transactions are done in a secure and anonymous manner, but the security of the wallet.dat file that is stored on your computer and basically holds your Bitcoins in it is another story. Hopefully with the next update of the Bitcoin client wallet encryption will be included. Until then it may be a good idea to read this thread (http://forum.bitcoin.org/index.php?topic=5194.0) on the bitcoin.org forums about how to create a secure wallet.

Although it is not the most time or cost efficient we have chosen to make it necessary for a human to verify every deposit and withdrawal request prior to being processed. If and when we feel that the security of Bitcoin and the wallet.dat file is satisfactory we will likely make these automated processes.

Can I Call In Wagers?

Yes we do offer phone wagering. If you have an account and would like the option of calling in bets please contact our Client Services to setup a phone password. You will then be given a 1-800 phone number that goes directly to our wagering desk that is staffed 24 hours a day.

What Hours Are You Open?

Wagering is open 24 hours a day 7 days a week.

Customer Service is open from 16:00 UTC to 04:00 UTC daily.

Our Security Department is available 24 hours a day.

Can I Bet Or Get Paid Anything Other Than Bitcoins?

No. BTC Sportsbetting deals exclusively with Bitcoins and the unit we use is the deci-Bitcoin (dBTC or Bitdime) where 1 dBTC is worth 1/10 of a BTC. When you send a BTC deposit we convert it to dBTC units in your account. For example, if you deposit 10 BTC your account will be credited 100 dBTC. All wagers in the Sportsbook, Racebook and Casino are in dBTC.

[Gabriel Beal]

Get an invite code and 20% deposit bonus (on deposit up to 25 btc) for today's MetaCo.in deal:

[Gabriel Beal]

Only one purchase away from tipping the deal.  Btcsportsbetting is open to US customers, by the way.

[BTCSports]

We want to give everyone a chance to take a look at our software and casino offerings so we set up a guest account that can be used to sign in.

You cannot place wagers or play in the casino but you can poke around a bit if you like.

www.btcsportsbetting.com

Username: btcguest1
Password: guest1

[geek-trader]

I am a member, I joined earlier today.  The site is top notch.  I deposited BTC, played some Blackjack, won some BTC, and withdrew my BTC all with zero problems.

I'm in the US, so some other online casinos are closed to me.  This one is open, and it's great.

[Gabriel Beal]

Thanks for the review!

[herzmeister]

I think casino and sports betting sites should also act like exchanges.

It's too complicated for new folks to grasp the concept of bitcoin first and get a client up and running when all they wanna do is gamble.

So bitcoin gambling sites should accept USD, EUR, etc to load one's account. The gambling money then must be bitcoin and it can be advertised that bitcoin is "by the way" a new and open digital currency standard and can also be used on other sites and for other purposes. People will surely like that.

This would also bring a whole lot of money into the economy.

[Gabriel Beal]

I think they would run into legal problems then.  Plus they'd have the same problems as anyone accepting credit card payments for btc, chargebacks/fraud/etc.

[MemoryDealers]

Bump for a great looking site!
I'm almost tempted to start betting on some UFC fights!

[sequence]

The site looks great!  I am interested in joining however when I try to send a request for invite it states "invalid email"?

[geek-trader]

The site looks great!  I am interested in joining however when I try to send a request for invite it states "invalid email"?

 I have an invite code for you.  PM me if you want it.

They have a good referral program.  Designed to limit forum spam:

"You are allowed to invite two players per week using your Invite
Code.  Our week goes from Monday-Sunday.

Note that whenever someone uses your Invite code you will receive a
5% referal fee on their first deposit.  For example, if they
deposit 100 dBTC you will receive 5 dBTC.  We reserve the right to
change this promotion at any time.  We do have a zero-tolerence
policy regarding spam and also would prefer that you not advertise
your invite code on things such as your signature on forums."

[BitcoinPorn]

Love this so far.  Bingo is my game!  Can't wait to check the sports side out.

[hi]

Hi,

Your website has no encryption...makes me wonder how secure the BTC would be on the backend.

Hi

[hi]

Hi

Have already signed up for an invite..can I still use the invite code bought for .5 BTC at metaco ?

Hi

[BTCSports]

There are 1000+ real money players on our platform and we have never had a serious security breach.

We have taken additional steps when dealing with Bitcoin, such as the use of SecureForms which are encrypted, to further enhance our security measures.

[BTCSports]

If you would like to take advantage of the Metaco.in offer simply sign up using that invite code and disregard the other invite.

[grantbdev]

Oh man, I have never been a gambler before, but using bitcoin to show off my blackjack skills is tempting 

[hi]

Hi

With betjam closing to USA customers today...a new out is always good...although this site could take all the bitcoins etc...they have no history...perhaps let SBR do a review/audit?

Hi

[BTCSports]

Yes the move of the US players from The Greek to Heritage and the closing of BetJam was an unpleasant surprise.

We would have no problem working with SBR but it is probably a little early in our life-cycle for them to want to get involved.  I can't remember if it was John or Bill but one of them has commented before that Bitcoins were promising so I know they are at the very least aware of Bitcoin.

For the time being all we can do is let our Customer Service and the timeliness of our deposits and withdrawals begin to build our reputation.

[geek-trader]

Yes the move of the US players from The Greek to Heritage and the closing of BetJam was an unpleasant surprise.

We would have no problem working with SBR but it is probably a little early in our life-cycle for them to want to get involved.  I can't remember if it was John or Bill but one of them has commented before that Bitcoins were promising so I know they are at the very least aware of Bitcoin.

For the time being all we can do is let our Customer Service and the timeliness of our deposits and withdrawals begin to build our reputation.

BTC Sports Betting's customer service has been great for me so far.  I've had zero problems, and great communication since I became a member.  They stayed late last night night and paid out my withdrawal after hours.

I gamble A LOT on many of the games in the forum's gambling section.  BTC Sports Betting is head and shoulders above all those games.  I am very happy with the site (even tho I am down to them ATM    )