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First Successful Month for Bitcoin Sportsbook

Shortly before Euro 2016, the Bitcoin sportsbook went live, and it has since already paid out in excess of 800,000 mBTC to players.

The largest individual win from a single bet was worth 8,650 mBTC and was won by a player betting on a match between Kansas City Royals and Houston Astros.

Other notable statistics were that 33% of bets were made via mobile, and more than 19,000 individual bets were processed.

SportsBet.io also sent 10 players to the European Championships finals. The operator has plans to launch a new lottery mechanism for the kick-off of the new football season to ensure that even more fantastic prizes are given away in a provably fair and open manner.

Joe Jordan, spokesperson at SportsBet.io, said: “As part of our desire to be an open and transparent Bitcoin sportsbook, we felt it would be nice to share some numbers with the community from our first month of activity.

“As the numbers show, it has been a hugely successful launch for both ourselves and many of our punters who have cashed big wins during Euro 2016. We look forward to offering more great Bitcoin betting opportunities throughout the summer and into the next football season.”

SportsBet.io launched last month, and is offering more than 350,000 pre-match events per year, with a peak of 70,000 events during the prime months. It also features a comprehensive live offering with hundreds of in-play markets available on major sports fixtures.

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