Bitcoin Sportsbook Sportsbet.io Added to Rating Guide
Online sportsbook Sportsbet.io has been added to the rating guide at C+.
The betting site is a sister company to BitCasino.io (SBR rating C+), a gaming site that was added to the rating guide in February.
SBR spoke with the management team on the background of each company and how payouts are handled.
BitCasino & Sportsbet.io
BitCasino initially launched their sportsbook in July of 2014. In June of 2016, Sportsbet.io was created, and BitCasino redirected their sportsbook to Sportsbet.io.
Both companies are owned by and operate under the license of Curacao registered company mBet Solutions NV.
Both BitCasino (now casino only) and Sportsbet.io use software developed by CoinGaming.io, which is a b2b company that services companies such as mBet. As far as payment processing is concerned, CoinGaming also handles the transactional platform and would, along with mBet Solutions, financially support BitCasino & Sportsbet if necessary.
SBR was told that the average withdrawal is 63 seconds and a max generally around 2.5 minutes. 24/7 support is provided to players.
The betting site has received most of its action from Asia so far and is especially interested in tennis, baseball, and soccer betting customers.
Player feedback is welcomed.