Topbet Sportsbook in the testing stages of adding bitcoin
Online sportsbook Topbet (SBR rating C-) has informed SBR that they have started testing adding bitcoin to their cashier.
The sportsbook is testing the integration on their software backend before releasing it for closed group testing.
Topbet Sportsbook expects bitcoin to be available as a deposit and withdrawal option in time for football season.
The betting site has struggled with paying players in a timely manner for methods which are overly reliant on third-party processors.
As many as 10 Topbet complaints have been submitted to Sportsbook Review in recent weeks, the oldest outstanding payout complaint dating back to February 26 ($1,100 owed).
Topbet Sportsbook has been downgraded a half-grade to C- until their payouts are able to be put back on track.
SBR readers may recall that Topbet was similarly downgraded last spring after an influx of complaints that Topbet also attributed to third-party processor delays.
Bitcoin allows online sportsbooks to pay players more efficiently and without cost, the demand for bitcoin has prompted as many as 35 online sportsbooks to add bitcoin to their cashier in 2015 alone.