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Author Topic: [ANN] Bitcoin Sportsbook, Racebook and Casino - www.btcsportsbetting.com  (Read 1476 times)
BTCSports
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July 20, 2011, 12:15:18 AM
 #1

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.

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koin
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July 23, 2011, 07:31:49 AM
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just to avoid any confusion, this is different from BTCSportsBet, which has been around since January: http://forum.bitcoin.org/index.php?topic=2933.0 and http://btcsportsbet.com
jsidhu
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September 08, 2011, 11:30:10 PM
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is this website down? I can load hte front page, but everything after that is timing out..

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September 23, 2011, 04:43:47 PM
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reports of problems: http://bitcointalk.org/index.php?topic=45379.0
Cusipzzz
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September 24, 2011, 02:24:24 PM
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Just to clear it up (and thanks koin above) - BTCSportsBet.com has nothing to do with this, has been up since January (the dark ages of bitcoin) and everyone has been paid consistently with no problems.

So if you want a legit trusted sportsbook that has paid out thousands of BTC, try it out.
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