Be your own bookie!
That’s Xbet.IO’s slogan – and it fits them. I’ll tell you why in a second.
But first, you should know that they don’t accept Americans. They don’t have any real promotions to speak of (I think I know why), either. If those things bother you, I suggest checking out a different sportsbooks – 5Dimes, GoBetGo or BetVIP.
And, as of 10/2014, they only let you create bets or bet on horseracing and soccer matches. Even though just a couple of months ago they had basketball and the World Cup.
Anyway, just wanted to give you a heads up. Now onto their slogan (and why it fits).
So, the premise of their service (and ultimately their slogan) is this:
All the bets you make on their site are against the other users (peer-to-peer (P2P) betting). You’re not betting against the house, thus accepting odds that may or may not be that profitable.
Instead, you’re able to set your own odds. And the other users have the choice to take, counter or pass on them.
Xbet.IO takes a small 1 percent fee (smaller than other books’ margins), and are 100% transparent – all bets are settled fast and publicly on the bitcoin blockchain. You can see their public key for each bet.
Sound good? You can get started right now – no registration or account is needed. Just head on over to their website.
And if you have any questions about their service, you can try contacting them in their dedicated thread on the Bitcoin Talk forums (https://bitcointalk.org/index.php?topic=645313.0). They also have a live group chat option on their website; although when I used it last I never got a response.
The rest of this review will focus on promotions, your betting options and the pros/cons of using their service.