[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.

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[geek-trader]

I requested an invite a few hours ago.  When might I hear about it?

Eager to play BlackJack, and later in the year, bet on NFL.

Do you accept bets on Formula 1 racing?

[BTCSports]

Your request was received.  The first accounts will be issued within 48 hours.

Yes we do offer wagering on Formula 1.

[geek-trader]

Your request was received.  The first accounts will be issued within 48 hours.

Yes we do offer wagering on Formula 1.

Excellent, thanks for the quick response!

[geek-trader]

Whatever happened with this?  It's been over 48 hours.

http://forum.bitcoin.org/index.php?topic=30261.0 kind of stole your thunder, but they are non-USA.  As a proud American, I demand a place to gamble!   

[geek-trader]

I got my invite, I'm all set up, just waiting for some confirms on my deposit (blocks are coming slow at the moment).

Site looks really good.

[geek-trader]

Looking good.

I got an invite, signed up, and a bit later got the confirmation email, and was able to log in.
I deposited 1 BTC.  After 4 confirms, it was in my account as 10 deci-bitcoins (DBTC)

I went to go play Blackjack.  I was confused at first because they have A LOT of casino games, and "regular" Blackjack was way down in the middle of the list, while the first game in the list was "3 hand Blackjack".  The minimum bet for that was 25 DBTC.  Super high. 

Eventually, I found the "regular"  Blackjack and played.  The game plays well.  It opens in it's own window.  It's full Vegas Blackjack, with splits, double down, every thing.  It's way better than the bitcoin Blackjack I have been playing at other sites.

I was up as high as +9.5, but then I lost a few rounds, and at +5.5  I decided to see how the cash out process works.

I clicked on the Cashier button, entered the amount I wanted to withdraw, 15.5 (again in DBTC).  A message came up that all withdrawals are done manually, and the hours were limited.  It was during the open withdrawal hours, so no problem there.  10 minutes later or so and the BTC are now in my wallet.

The site is very well done.  Blackjack played very well.  I won some BTC.  I cashed out with no problems.  I can recommend this site without hesitation.  I'll be playing there a lot.

I have invite codes.  They say I can invite 2 people a week, but they don't want me to post them in the forums.  So PM me if you want one.

[BTCSports]

Thanks for the review.

[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

[whirlpool]

I decided to play some Blackjack on this site, so I deposited 1.20 BTC. The deposit went through in just under an hour. After only about 10-15 minutes of gambling, I ended up 1.80 BTC richer, so the rules for Blackjack seem to be very reasonable. The graphical interface for Blackjack is simple and fast as well.