Overview of Bitcoin Accepting Sportsbooks (with margin/house edge comparisons)

[DarkStar_]

If you want to include some useful information, how about including what the maximum wager amount is for certain events.

This was on my list, but it's too complicated and unreasonable to do. For example, there's no easy way to show BitcoinRush's increasing limits, or BetKing's heavily varying limits. Even worse are sites like Sportsbet.io who don't show the limit at all. I've been placing ~140 mBTC Baseball bets on Sportsbet with no issue in the past, and tried to place one today, but I couldn't play over 105 mBTC.

If you're a high roller, there's still probably no singular book that's good for you. For example, BetKing takes 2 BTC bets on some soccer events no problem, but they won't let me place 0.07 BTC on an NFL outcome. If you care about limits for all sports, Cloudbet is likely your best bet.

Sportsbet.io, for example, is one of the only sportsbooks (to my knowledge) that offers Ethereum sports betting.

Information like this could be useful to newcomers and just in general to the community.  

Meh. I don't want to deal with the mess that is Ethereum smart contracts for sports betting, and this is an overview of Bitcoin Accepting Sportsbooks. I also don't want to deal with more people requesting altcoins. I believe Sportsbet.io, Betcoin and a million smart contracts offer Ethereum sports betting.

[goliathhh]

Maybe you won too much and they capped your limits?

[Cloudbet]

If you're a high roller, there's still probably no singular book that's good for you. For example, BetKing takes 2 BTC bets on some soccer events no problem, but they won't let me place 0.07 BTC on an NFL outcome. If you care about limits for all sports, Nitrogen is likely your best bet.

We have had some of the highest limits for a while now, for example we were offering 100 BTC limits during the world cup!

Obviously it varies based on the sport, specific line, the time left till the event, etc, but for most main markets I like to think we are up there with the asian bookmakers and Pinnacle.

Ronnie @ Cloudbet

[DarkStar_]

If you're a high roller, there's still probably no singular book that's good for you. For example, BetKing takes 2 BTC bets on some soccer events no problem, but they won't let me place 0.07 BTC on an NFL outcome. If you care about limits for all sports, Nitrogen is likely your best bet.

We have had some of the highest limits for a while now, for example we were offering 100 BTC limits during the world cup!

Obviously it varies based on the sport, specific line, the time left till the event, etc, but for most main markets I like to think we are up there with the asian bookmakers and Pinnacle.

Ronnie @ Cloudbet

Right, I do believe you have the highest limits. I've corrected my statement.

Maybe you won too much and they capped your limits?

Probably. Either way, quite a few books hide their limits so it is not feasible to have a table of limits.


As promised, NHL is added. Jetwin is under maintenance, so their margins are left blank for now.

NHL:

|	Sportsbook	|	Match Winner Margin	|	Over/Under Margin	|	Handicap Margin	|
|	Betcoin.ag	|	7.86%	|	7.52%	|	8.13%	|
|	BetKing	|	4.74%	|	5.01%	|	6.39%	|
|	BitcoinRush	|	2.42%	|	2.93%	|	2.51%	|
|	Cloudbet	|	3.76%	|	4.03%	|	4.11%	|
|	Jetwin	|		|		|		|
|	mBitCasino	|	4.35%	|	4.70%	|	5.23%	|
|	Nitrogen	|	2.97%	|	3.28%	|	3.66%	|
|	Sportsbet.io	|	3.89%	|	4.13%	|	3.82%	|

NFL updated to include all books. BetKing is the clear winner in all lines that are close to 50/50 odds, but is a bit worse in less equal ML lines. Also updated BetKing Totals lines for soccer.


BitDice is launching a sportsbook in ~two weeks! Should be interesting to see how they compete.


For the UEFA Nations League: Cloudbet and Jetwin race to see who has the highest margins, and BitcoinRush once again sweeps with the lowest margins overall.

UEFA Nations League:

|	Sportsbook	|	Match Winner Margin	|	Over/Under Margin	|	Handicap Margin	|
|	Betcoin.ag	|	5.11%	|	6.56%	|	6.99%	|
|	BetKing	|	3.96%	|	8.31%	|	N/A	|
|	BitcoinRush	|	2.96%	|	3.38%	|	2.63%	|
|	Cloudbet	|	12.75%	|	5.87%	|	5.93%	|
|	Jetwin	|	12.39%	|	8.49%	|	8.41%	|
|	mBitCasino	|	5.98%	|	5.55%	|	4.89%	|
|	Nitrogen	|	3.45%	|	4.01%	|	3.18%	|
|	Sportsbet.io	|	4.19%	|	4.92%	|	3.98%	|

Very good thread.
-snip-

Post deleted. Needlessly quotes the full thread, and seems to be more of an unrelated advertisement than something that contributes.

[veleten]

added to bookmarks, excellent job!
you may want to add bitgameonline to the list-they don't offer the best odds  but they are there as a bitcoin sportsbook https://bitcointalk.org/index.php?topic=1745040.0
Stake and Bitdice both plan to add sportsbooks, with Bitdice's coming in under a month (they say it is two weeks, but can take longer)

[DarkStar_]

Basketball

For Basketball, the Match Winner, Under/Over and Handicap markets are used. The lowest margin is bolded. Cloudbet is currently the best book to play at as BitcoinRush does not have NBA betting available yet, however I fully expect them to add it. I will update my table once they do.

NBA:

|	Sportsbook	|	Match Winner Margin	|	Over/Under Margin	|	Handicap Margin	|
|	Betcoin.ag	|	5.91%	|	6.20%	|	N/A%	|
|	BetKing	|	4.55%	|	4.71%	|	4.73%	|
|	BitcoinRush	|	2.56%	|	2.57%	|	2.47%	|
|	Cloudbet	|	3.06%	|	2.57%	|	2.85%	|
|	Jetwin	|	4.56%	|	3.63%	|	3.53%	|
|	mBitCasino	|	7.10%	|	8.76%	|	9.29%	|
|	Nitrogen	|	3.59%	|	3.64%	|	3.61%	|
|	Sportsbet.io	|	5.82%	|	6.39%	|	5.84%	|

added to bookmarks, excellent job!
you may want to add bitgameonline to the list-they don't offer the best odds  but they are there as a bitcoin sportsbook https://bitcointalk.org/index.php?topic=1745040.0
Stake and Bitdice both plan to add sportsbooks, with Bitdice's coming in under a month (they say it is two weeks, but can take longer)

Thanks! I never knew that Stake was looking to have a sportsbook. Should be interesting to see what they come up with  

[Cloudbet]

I'm now constantly checking our odds and margins against our competitors thanks to this thread!  

On the plus side I'm very happy to report that we are currently offering some of the best odds and lowest margins on the NBA, and have just added a huge range of player prop bets to our offering: Celtics v 76ers

[tokeweed]

Holy sh*t!  Noice!

Will you be updating this thread regularly Darkstar?  If so, at what intervals are planning in updating all the info.

Anyway, awesome thread.  Thanks.  

[casinobitco]

You seem to be missing one, intentionally it seems: https://www.bitcoinrush.io/sportsbook/nba

I'm now constantly checking our odds and margins against our competitors thanks to this thread!  

On the plus side I'm very happy to report that we are currently offering some of the best odds and lowest margins on the NBA, and have just added a huge range of player prop bets to our offering: Celtics v 76ers

[DarkStar_]

You seem to be missing one, intentionally it seems: https://www.bitcoinrush.io/sportsbook/nba

I'm now constantly checking our odds and margins against our competitors thanks to this thread!  

On the plus side I'm very happy to report that we are currently offering some of the best odds and lowest margins on the NBA, and have just added a huge range of player prop bets to our offering: Celtics v 76ers

https://i.imgur.com/ugNtR5D.jpg

I don't think there's any malicious intent as my table didn't have BitcoinRush listed. You guys added it an hour or so after I created the table, and my guess is that Cloudbet assumed you didn't have it. Rush is currently marginally (heh) better with 1.51/2.76 versus Cloudbet's 1.51/2.73


Thread updated. BitcoinRush is now included, and they win on everything except for Under/Over markets, where they tie with Cloudbet.

Holy sh*t!  Noice!

Will you be updating this thread regularly Darkstar?  If so, at what intervals are planning in updating all the info.

Anyway, awesome thread.  Thanks. 

I'm aiming to do updates when needed (margin changes, new sports/events, etc). No specific interval; it's going to update when things change.

[Cloudbet]

You seem to be missing one, intentionally it seems: https://www.bitcoinrush.io/sportsbook/nba

It definitely wasn't intentional, at the time I checked Sportsbet and Bitcoinrush both had the lines missing (I'm assuming a provider issue as most lines were missing across the board)

It's great to see so many sportsbooks competing to show off the best odds and margins though, it just means better options for the players 

[SyGambler]

You seem to be missing one, intentionally it seems: https://www.bitcoinrush.io/sportsbook/nba

It definitely wasn't intentional, at the time I checked Sportsbet and Bitcoinrush both had the lines missing (I'm assuming a provider issue as most lines were missing across the board)

It's great to see so many sportsbooks competing to show off the best odds and margins though, it just means better options for the players 

it's great to see you guys compete to give the best odds , I'm really glad that Darkstar added the thread
at the moment bitcoinrush is beating all the other sites like 95% of the times , but would love to see you offering even better odds

I only bet with the site that has higher odds ( as long as it's not 1xbit of course  ) so would love to start betting again with cloudbet once I find better odds than rush and king

[win008]

Bump. Been quite busy lately so haven't been able to add much, but hopefully it will be done some time this weekend. Any more things people would like to see?

Live / In-Play odds, selections, markets, etc.  I am spending more and more time playing live and I do not see any information on this.  I have my favorites, but it would be good to hear from you or others on this.

[Cloudbet]

You seem to be missing one, intentionally it seems: https://www.bitcoinrush.io/sportsbook/nba

It definitely wasn't intentional, at the time I checked Sportsbet and Bitcoinrush both had the lines missing (I'm assuming a provider issue as most lines were missing across the board)

It's great to see so many sportsbooks competing to show off the best odds and margins though, it just means better options for the players 

it's great to see you guys compete to give the best odds , I'm really glad that Darkstar added the thread
at the moment bitcoinrush is beating all the other sites like 95% of the times , but would love to see you offering even better odds

I only bet with the site that has higher odds ( as long as it's not 1xbit of course  ) so would love to start betting again with cloudbet once I find better odds than rush and king

I'll try and do the comparisons more if I have time (and we are winning the odds race  )

I tend to post in the sports discussion threads though as I don't want to hijack Darkstar's thread with promotional stuff.

[DarkStar_]

mBitCasino seems to be matching (or even beating!) BitcoinRush in margins for NFL and NBA. Always nice to see a book become more competitive. (they were sitting around 8% margins before this).

I'll try and do the comparisons more if I have time (and we are winning the odds race  )

I tend to post in the sports discussion threads though as I don't want to hijack Darkstar's thread with promotional stuff.

For what sports? Based on my comparisons, you seem to win in a very few number of categories  
I counted one market in one event from my comparisons where you have the best margins, and you're tied with 2 other sportsbooks there. Perhaps I miscalculated, or you changed your margins. If so, please let me know and I'll update it.

You (and any other book) are welcome to use this thread in promotional material, and post promotional stuff if it's accurate, not misleading, related to margins/best odds or promotions. However, please be respectful and not spam your promotional stuff.

Bump. Been quite busy lately so haven't been able to add much, but hopefully it will be done some time this weekend. Any more things people would like to see?

Live / In-Play odds, selections, markets, etc.  I am spending more and more time playing live and I do not see any information on this.  I have my favorites, but it would be good to hear from you or others on this.

Betcoin has the best live offering in my opinion as they offer the most markets and don't close them as often. Their GUI is pretty bad though. I'll add a more in depth overview of Live betting on sportsbooks in the near future.

[buwaytress]

This thread is getting even better by the week. So good to check back and see that for once, bookies are comparing their margins against competitors and lowering what used to be extremely high margins on some lines.

Full disclosure, I used to bet only with BitcoinRush, but since coming to know about BetKing's odds on the big European games (football/soccer), I'm spreading my bets across the 2. My findings after almost a month (loosely) comparing on both:

1. In general, BetKing always has better odds than BitcoinRush on popular European games, when choosing winners. However, they offer few, if any, lines on the lower leagues, friendlies, U23s, women or even Continental competition like African, South American, Asian, CONCACAF etc. - and when they do, Rush typically beats them hands down.
2. Over/Unders for goals, cards, corners are usually the other way round, higher odds on Rush. So a simple 2-leg parlay on over/unders can give you 5-8% advantage.
3. Long odds on lesser leagues are usually in your favour if you choose Rush so if I back the underdog, it's almost always on Rush. I don't have enough stats but once you go about 4/1 or higher, you'll likely find Rush with even 2% higher winnings. At around 8/1 or more, it can even hit 3% or more higher winnings.

[DarkStar_]

I've grouped the events for other major European soccer together as there would be way too many tables otherwise. Margins for them are quite similar across each sportsbook, which is why I combined them.

Major European Soccer: (La Liga, Bundeseliga, Ligue 1 and Serie A)

|	Sportsbook	|	Match Winner Margin	|	Over/Under Margin	|	Handicap Margin	|
|	Betcoin.ag	|	2.90%	|	7.34%	|	7.16%	|
|	BetKing	|	1.96%	|	2.63%	|	N/A	|
|	BitcoinRush	|	2.86%	|	2.89%	|	2.08%	|
|	Cloudbet	|	3.83%	|	5.10%	|	3.55%	|
|	Jetwin	|	8.43%	|	5.85%	|	5.98%	|
|	mBitCasino	|	5.96%	|	3.72%	|	3.09%	|
|	Nitrogen	|	3.36%	|	4.22%	|	3.60%	|
|	Sportsbet.io	|	5.00%	|	4.69%	|	4.56%	|

Here's a WTA comparison. Unfortunately, Cloudbet didn't offer odds for the major markets of this event, so they were not included. If someone sees them with working pre-live odds, it would be nice if you could send me an archive of the page so they can be added. Not averaged for now because only one WTA final is going on at the moment.

WTA:

|	Sportsbook	|	Match Winner Margin	|	Over/Under Margin	|	Game HandicapMargin	|
|	Betcoin.ag	|	4.76%	|	5.34%	|	3.91%	|
|	BetKing	|	6.25%	|	5.87%	|	5.82%	|
|	BitcoinRush	|	2.07%	|	2.59%	|	2.56%	|
|	Cloudbet	|	N/A	|	N/A	|	N/A	|
|	Jetwin	|	10.64%	|	N/A	|	N/A	|
|	mBitCasino	|	3.89%	|	4.19%	|	5.26%	|
|	Nitrogen	|	3.56%	|	4.17%	|	3.95%	|
|	Sportsbet.io	|	6.01%	|	6.14%	|	5.83%	|

BitDice's sportsbook launches tomorrow. I'll try to get comparisons for them up ASAP assuming they have competitive margins.

[bitedge]

DarkStar_ is there a reason you did not include Anonibet? What is your opinion on them?

BetBTC.co is another option for an exchange, except they charge a whopping 4% commission

Be aware only the winner pays commission making it equivalent to a 2% house edge, about as good as the lowest edge sportsbooks. The real problem with BetBTC is the lack of liquidity which causes slippage if you wane to make a decent size bet in a hurry.

Could you please add some detail about the territories that the sportsbooks allow? Im not sure if any of the good ones allow UK players

Yeah that is a big problem, we maintain a chart of geoblocking by bitcoin gambling operators here and it's pretty bad news for Brits. If I lived there I would use a VPN.

[DarkStar_]

DarkStar_ is there a reason you did not include Anonibet? What is your opinion on them?

I'm not familiar with them and have not heard of anyone share their experiences recently. I made this post on Peeps Place's sportsbook rating thread:

Anyone know what happened to Anonibet? Their promotions seemed pretty good and I was thinking of depositing, but their forum account hasn't logged on since July, hasn't posted since June 2017, and their thread seems to be filled with complaints.

Peeps, have you used or know anyone who has used Anonibet recently?

No response from anyone who recently used it. I wanted to try them myself, but I kept getting randomly logged out. I would include them if I was sure they were still operating, but I am not.

BetBTC.co is another option for an exchange, except they charge a whopping 4% commission

Be aware only the winner pays commission making it equivalent to a 2% house edge, about as good as the lowest edge sportsbooks. The real problem with BetBTC is the lack of liquidity which causes slippage if you wane to make a decent size bet in a hurry.

That would be true except their Taker odds are already worse than low edge sportsbooks for the most part, so you would have to make your own odds and hope it gets matched. For example:


BetBTC on Left, BitcoinRush on Right

@1.74 becomes @1.71 after commission, @4.1 becomes @3.98 and @4.9 becomes @4.74 after commission. I'm sure there's a few games where you might come out ahead, but generally I believe Fairlay is better due to a much smaller 0.25% commission on winnings and increased liquidity.

[FrueGreads]

Really amazing work. Thanks for doing it. I'm sure bookies will also keep an eye on this, and this will probably generate a healthy competition among them, "forcing" them to lower their margins to be competitive, which will benefit all of us.

Any plans on adding E-Sports comparison since they are quite popular these days?

Also, I do notice sometimes, that inside each League, popular games seem to get "different treatment/margin", and although the average margin for the entire League (let's say La Liga) could be better on a certain bookie, a popular game (let's say Barcelona vs Real Madrid) would have a better margin on another one.

This is just my impression, and I didn't do any particular work to back this up, it's just based on my impression of course, but I'm curious to know if there is any way to check this by monitoring these type of important games (top level teams, that usually generate a bigger volume of bets among users) individually?

Edit: An overview like this but on sportsbooks promotions, or loyalty programs would also be great, but I guess that would be to much work to ask.