BetVIP is a brand new sportsbook. They claim to be the first to receive their gaming license (in Curacao).
They offer fast deposits, 24 hour or less withdrawals and a deposit bonus with a rollover that is lower than most online sportsbooks. More on that in a second.
They also have excellent customer service. They respond to most posts made in the Bitcoin Talk forums. They handle complaints and critiques well, too. In one case they even waived the rest of a player’s rollover requirements (by 50 mBTC) so that they could withdraw their funds.
And if you can’t catch them in the forums, you can ship them an email at: support@BetVIP.com. I received a reply to my email in less than 1 day (and I shipped my email over the weekend).
The biggest downside is that they stopped accepting American customers. Here are a couple of (email/forum) responses that explain why:
Unfortunately we have a ban on all US IP address for legal reasons. Though some customers who get routed through US IP’s use VPN’s like Tunnelbear. – Email
We were applying an update as we have been advised by our legal counsel to block any IP address that resolves to the United States in order to prevent prosecution of anyone involved with our project under the Wire Act of 1961. A page explaining the matter will appear should you access the site from a US IP now. We are preparing to go public with a marketing and PR campaign and had to make sure all our legal affairs were in order, – Forum
That’s unfortunate. It really is. It looks like only international players will be able to participate in their 100% match bonus with an incredibly low play through requirement. Of course if one were to read between the lines, it may seem that using a VPN would enable US residents to use BetVIP, though doing so is purely at your own discretion.
Established year: 2014
Wagering limits: High
Cashout times: Fast
Other crypto currencies accepted: None
PROS VS. CONS
Solid live betting platform
Very low rollover on signup bonus
Wide selection of betting markets
Fully licensed sportsbook
Mobile site could be improved
Do not accept players using US ips
Not yet proven in the industry
The BetVIP Platform
BetVIP uses BetTech Gaming software. This gives them the opportunity to offer in-play betting, casino games, poker and lottery games. BetTech uses Microgaming software too. So, by extension, BetVIP could offers hundreds of casino games if they wanted.
But for now, BetVIP is strictly a sports betting site. Here are all the sports you can bet on:
- American Football
- Aussie Rules
- Beach Volleyball
- Ice Hockey
- Winter Sports
You can also bet on events like:
- The Ryder Cup
- English Premier League
- Spanish La Liga
- Champions League t20
- Today’s Events
- Virtual Football – This is different. It’s like betting on an uglier version of FIFA.
They have in-play betting too. When I last checked out their site, you could make bets in real time on hockey, baseball, soccer and football.
Basically, all the standard stuff you can bet on anywhere.
Note: According to this interview  they should have casino games added by the end of September.
Excellent Bonus – No Americans Allowed = A Good Sportsbook?
So, one question remains – should you join BetVIP?
Well, they appear to be a decent sportsbook. They’re licensed, mobile responsive and have a good selection of things to bet on. And they plan to add casino games too (I hope from Microgaming).
You could even justify signing up just for their deposit bonus (with the excellent rollover). For that reason I give them a B. If they ever decide to accept Americans, or happen to be in business a year or two from now unscathed, I could see bumping their grade up to a B+ or A-.
However, I would add one cautionary note. When a site is new in the industry, I always take the stance that they should be approached with caution. BetVIP look good to me, but the low rollover on the bonus is a small warning sign. I feel they are safe to use, but as with any online gaming site – be careful.