DirectBet is a newcomer to bitcoin betting markets. The sportsbook and racebook opened their doors in December 2013. In their short time in the market, they have paid players promptly and emerged as a solid option for Bitcoin sports bettors.
DirectBet has no country restrictions and accepts players from around the world. They also accept Dogecoin and Litecoin, in addition to Bitcoin.
DirectBet is fully anonymous, in that players don’t need to create an account to wager and receive their winnings. Players simply have to send their bets to a designated Bitcoin address for each corresponding wager and their winnings will be sent directly back to their wallet.
The full anonymity is excellent, especially given the relatively large number of new Bitcoin online sportsbooks that setup shop with the sole intention of running off with players’ funds. However, personally speaking I prefer to have the option of holding an account with a rolling balance. So, while the pure anonymity aspect is nice, the option to have an account and hold a balance is a feature I think Direct Bet would be wise to add.
DirectBet’s site and interface are somewhat dated looking, but placing wagers by sending your bitcoins off to specified addresses is simple.
Although, their sports and markets aren’t exactly optimal it works well in practice. The layout of the site itself is reminiscent of one designed about five years ago. Players can choose between American and Decimal odds. Placing bets via parlays and other non-side and total wagers is straightforward.
I hate to be too critical of DirectBet because of their graphics and layout, but they are quite terrible. Again, everything seems to work well from an efficiency standpoint, but it’s hard get past how outdated the site looks. I can’t imagine designing a site to look this way if I was opening an online sportsbook today.
DirectBet does reward their high volume players through a rewards program. Players can earn up to 10 BTC per month in rewards depending on the amount they wager. For every 0.001 BTC wagered, players will earn 1 loyalty point. The rewards will be paid to players in the form of free bets or freeplay wagers.
How does this work with their anonymity and players not having an account at DirectBet? When bettors place a wager, they can optionally provide their email address. This still works if the player is using multiple payout addresses, all his wagers and rewards will be linked to that email.
This takes away some of the anonymity aspect because if you want to get credited for your rewards you will either need to use the same BTC Address or link all your wagers to your email address. However, DirectBet is simply asking for an email address, and doesn’t require any other personal information.