BetBTC.co provides one of the simplest and easy-to-use betting platforms in the bitcoin industry today.
Their betting exchange charges the lowest fees ANYWHERE for resolved wagers and offer new customers a sizable signup bonus of 100% up to 1 Bitcoin when you make your first deposit.
The easy to use interface makes sports betting here a very rewarding experience.
As far as promotions and bonuses are concerned, there aren’t very many to speak of at BetBTC. What they do offer, however, is a deposit bonus aimed at new players who are making their first deposit. The bonus works as a 100% match bonus that is worth up to 1 Bitcoin should you choose to fund your account with the maximum amount.**
** As a reminder, this is the ONLY bonus you will eligible for (at least for the time being) so you should really attempt to deposit as much as you can up to the maximum 1 Bitcoin threshold, as the site does not currently offer reload bonuses like a traditional sportsbook usually does.
Now the way in which this bonus functions is interesting. As an example, rather than matching a hypothetical .5 BTC deposit with another .5 BTC in bonus funds, the bonus is actually paid out in increments over time. Once you have deposited your first time, the bonus will be automatically tracked and connected to your account.
From that point forward, the bonus will be paid out as you accrue loyalty points. Basically, for every .02 BTC that is wagered and settled on bets of odds higher than -200 (1.50 decimal), your account will be credited with one loyalty point. Each loyalty point is worth .0001 BTC and it will be automatically added to your account balance. Each and every loyalty point will be converted to BTC until the bonus has been fulfilled. It’s a bit complicated because the site operates as a betting exchange, but rest assured the bonus can always be tracked and monitored in your account dashboard.
Being that BetBTC is a Bitcoin-only sportsbook, you are only able to deposit via Bitcoin. For all transactions under 1BTC, only one authentication is required. For any and all deposits 1BTC or greater, they may need to be authenticated up to 3 times. In all, no deposit should take more than 45 minutes to post.
With regard to withdrawals, they are processed instantaneously. The beauty of bitcoin isn’t just the anonymity and security of it all, but the speed in which you receive your money once you submit for a cashout.