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Alan Draper

PowerBet Sportsbook

PowerBet.io has one of the sleekest and easiest to use betting platforms in the bitcoin sportsbook world as of right now.

Despite their young age, the site operates like a seasoned veteran. What’s more, its all-inclusive sports offering makes it a true power house in the industry.

Powerbet is the ideal place to start off your hopefully successful betting career.

Bonuses and Promos at Powerbet

As is the case with any competent, growing sportsbook, PowerBet does well to welcome new players nicely. It isn’t just new players that PowerBet concerns itself with as there are a number of different ways by which you can increase your bankroll without doing anything special. It is unclear whether they will start offering other bonuses for more popular sporting events, but in most cases sportsbooks like these tend to roll out special incentives when these types of events are announced.

First and foremost, there is an attractive 100% deposit bonus given to people who have just created an account and have just executed their first deposit. Beyond that, there are bonuses for those who are bold enough to make bets other than just single game wagers. An example of this is their additional 50% bonus for parlay bet wins that consist of at least 4 teams!

If you’re looking for just the standard bonus, though, they definitely do not disappoint. In fact, new players can claim a 100% bonus up to mBTC 200 once they make their first deposit. It may not be one of the largest bonuses in the sportsbook world, but its certainly one of the easier ones to clear. The rollover is a modest 10x the bonus amount, with bets needing to have odds of at least 1.70 to qualify for the bonus to start clearing!

Your bonus will be triggered on any sport you want, including in-play wagers. As long as that odds are higher than 1.70 you will be good to go as far as your bonus monies are concerned. You can also track the bonus via your account dashboard on the top right of the PowerBet.io homepage.

Simply place a parlay wager with anywhere from 4 or more selections and you will be credited with a potential 50% bonus if the parlay hits. Below are how the bonuses are paid out relative to the parlay selection:

  • 4 or 5 selections: 5% winning bonus
  • 6 or 7 selections: 10% winning bonus
  • 8 selections: 15% winning bonus
  • 9 selections: 20% winning bonus
  • 10 selections: 25% winning bonus
  • 11 selections: 30% winning bonus
  • 12 selections: 35% winning bonus
  • 13 selections: 40% winning bonus
  • 14 selections: 45% winning bonus
  • 15+ selections: 50% winning bonus

Depositing at Powerbet

Being that this is a Bitcoin sportsbook, it goes without saying that the only approved methods of deposit and withdrawal are via Bitcoin. With regard to making a deposit, this can be done in a matter of seconds. There are no fees tied to depositing funds and the deposited funds will become available instantaneously.

If you are attempting to withdraw funds, the story is more or less the same. There are no limits with regard to how much or how often you can withdraw during a given timeframe and most withdrawals will show up in your bitcoin wallet in a matter of seconds. There are no fees attached, so things are about as easy as they possibly can be.

Alan Draper
Alan Draper

Alan has been working in the gambling industry for over a decade and is a prolific writer on blockchain gambling. He uses his expert knowledge of cryptocurrencies, sports betting, and online casinos to bring you the highest quality crypto gambling guides out there. Alan Draper is a highly experienced and knowledgeable gaming expert, who has been involved in the gambling industry for over a decade. He has developed an extremely detailed comprehension of bitcoin gambling through his work as the Chief Editor of Business2Community.com, StockApps.com & InsideBitcoins.com. Alan's expertise extends beyond merely understanding the technical aspects of blockchain gambling, as he is also capable of making gambling strategies easily digestible and writing up honest brand reviews.