Sportsbet.io Review

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Sportsbet.io Review Canada

Established June 1st, 2016, Sportsbet io quickly raised through the ranks to become one of the world’s best Bitcoin sports betting platforms.

The site gained worldwide attention through strategic partnerships with sports clubs and organizations around the globe. At the moment, Sportsbet io is the official betting partner to Arsenal FC, Southampton FC, Watford FC, and Conifa.

It’s quite clear that the platform focuses on soccer, but that’s not the only sport available. In fact, Sportsbet io covers a wide array of sports betting markets, and many of them are popular in Canada. We’ll discuss them in detail in this article.

Here’s the best part:

Sportsbet io is the ultimate cryptocurrency sportsbook. Although it’s marketed as a BTC platform, it expanded the number of accepted cryptos to other popular options, such as Litecoin, Ehtereum, Tether, and more. Fiat deposits & withdrawals are also possible.

If cryptocurrencies and sports are your passion, Sportsbet io might be the platform you need.

Before opening an account, make sure to read this comprehensive Sportsbet.io review. We’ll cover all the important aspects of the popular sportsbook, including bonuses, sports, odds, payments, customer support, and more.

Most importantly, we’ll explore the major advantages and disadvantages of the sportsbook.

Read on!

Sportsbet.io Welcome Offer and Promotions

This may come as a surprise, but Sportsbet io doesn’t feature a welcome bonus at the moment. Although this may be considered a significant downside of the sportsbook, we beg to differ.

Online gambling platforms use free bets and welcome bonuses as a way to attract new players. Most of the time, these bonuses have unrealistic wagering requirements and short expiry dates, making them anything but lucrative.

Here’s the deal:

Sportsbet io decided to go the other way and attract new users by offering a superb betting platform with great odds, plenty of betting opportunities, and an easy-to-use interface.

We’re not claiming that a deposit bonus is inherently bad. We’re just saying it’s not necessary when other aspects of the platform are great.

Promotions and Offers

The lack of a welcome bonus doesn’t mean there aren’t any promotions for regular customers. On the contrary, there are plenty of great promos that could enhance your betting experience on Sportsbet io.

Still, most of them are time-limited offers, so instead of describing them here, we encourage you to check the latest ones yourself and see whether you like them.

All of them are listed in the Promotions section, including past promotions.

VIP Club

The popular Bitcoin sportsbook features a great VIP section where loyal players receive additional goodies, including a VIP manager, invitations to prestigious events, and unique offers.

The most active players receive prizes such as weekend getaways to Macau or Croatia!

What makes this VIP club unique is that it doesn’t feature the tiered system used by many other sportsbooks.

So, how does one become a part of the VIP club? According to the platform, this program is invite-only. If you’re active enough, you can expect the platform to send you an invitation.

Let’s be honest for a second.

Unless you’re a big spender, you probably aren’t going to make it to the VIP club. Analyzing the potential gifts, it seems that you’d have to spend a lot of BTC to get an invite. That said, if you’re a high roller, the VIP program might be an excellent bonus.

Clubhouse

However, even regular players who aren’t prepared to spend thousands of dollars can get their share of additional goodies via the so-called Clubhouse, which is a loyalty club of sorts.

You can become a member by applying for it and gain additional benefits, such as money-back guarantees, dynamic rewards, tiered bonuses, better odds, and more.

You’ll collect points and progress through tiers by placing bets. The lowest tier is Steel, and it doesn’t require any points to enter, but it also doesn’t offer point multipliers or tier rewards.

The other levels include Bronze, Silver, Gold, Platinum, Titanium, and Diamond. To reach the last level, you’ll need a total of 3,750,000 points. At this point, you’ll have a 3x point multiplier and unlimited tier rewards.

Sportsbet.io Sports and Betting Markets

It’s no secret that Sportsbet io favours soccer. Given that the platform is available in many countries worldwide and that soccer is the most popular sport in the world, it’s only logical that the site offers the most betting options for this sport in particular.

Still, if you’re a fan of other sports, you’re likely to find plenty of betting opportunities at competitive odds. Here’s the list of sports on offer:

  • Soccer
  • Basketball
  • Tennis
  • Table tennis
  • American football
  • Baseball
  • Boxing
  • Cricket
  • Cross country
  • Cycling
  • Darts
  • Floorball
  • Futsal
  • Gaelic football
  • Golf
  • Handball
  • Ice Hockey
  • MMA
  • Motorsports
  • Rugby
  • Snooker
  • Volleyball

On top of that, the platform features special bets for non-sporting events, such as presidential elections.

Fans of eSports will also be happy to know that Sportbet.io includes several popular video games, which we’ll cover below.

However, we couldn’t find any horse racing options!

The Sportsbet Specials category provides special odds for specific events.

If you enjoy the thrill of live betting, you’ll love the great In-Play betting section on Sportsbet io. The majority of sports listed above are part of the in-play section as well.

We’ve tested it on a live soccer game and were more than happy with the results.

There were plenty of exciting live betting markets and an interactive overview of the game in progress where you can follow what happens on the field, who scored, who received a yellow/red card, and other vital stats.

Despite the detailed overview of the underway games, the platform doesn’t have a live stream feature. However, that shouldn’t affect your overall betting journey as the well-laid and smooth interface make in-play betting a pleasurable experience.

The platform is marketed as high-roller-friendly. In some cases, you can make up to 100 BTC on a single match. That’s more than C$2 million at the moment of writing this article. The minimum betting amount is 0.00001 BTC.

Esports

Bettors who enjoy video games have an exciting opportunity to bet on leagues and competitions in the following titles:

  • CS:GO
  • Dota 2
  • LoL
  • Rainbow Six
  • Starcraft

You can find the most popular betting markets for most games, including winners, map handicap, total maps, correct score, map winners, first kill, and more.

Needless to say, many games are also available as part of the in-play betting feature, meaning you can place live bets while games are underway.

If you enjoy esports betting, check out the available options at Sportsbet io!

Casino

In case you get tired of placing bets, you should check out the online casino lobby at Sportsbet io. Some of the games you’ll find are:

  • Live dealer games
    Slots
  • Roulette
  • Blackjack
  • Baccarat
  • Video bingo
  • Video poker

…and many more slots, card games, and table games.

The casino features popular titles from leading software providers, including Microgaming, Play’n GO, Wazdan, Yggdrasil, NetEnt, and more. In fact, the provider list is quite lengthy and features less popular yet great providers, such as Ezui, Caleta, Tom Horn, Green Jade, and others.

Right now, the casino offers a total of 3,035 games, but that number will likely increase in the future as Sportsbet io continues to improve its online casino offer.

If you’re after big prizes in online casinos, you’ll enjoy the Jackpot Slots section, where you’ll find a few legendary titles featuring progressive jackpots worth millions of dollars. The most popular ones are:

  • Mega Moolah
  • Irish Coins
  • Divine Fortune
  • Dr. Fortuno
  • African Legends
  • Wheel of Wishes

Make sure to join Sportsbet io to play real-money online casino games with cryptocurrencies!

Sportsbet.io Mobile App

Android users can download the dedicated mobile betting app offered by Sportsbet io. Install it by downloading the .apk file from the site and gain access to the platform on the go.

The app works flawlessly and allows you to access all betting options available in the desktop version.

Unfortunately, Sportsbet io doesn’t feature a dedicated app for iOS users.

That said, you can access the site on your Apple mobile device by loading it in the browser. The platform is made with responsive design in mind, meaning it works pretty well on small screens.

Licensing and Regulation

Sportsbet io is licensed and regulated by Curacao eGaming. Curacao is one of the most reputable offshore regulators globally, and its gaming licence confirms that the site is legal and safe.

Moreover, the site uses cutting-edge security protocols, such as SSL encryption, protecting users from cyberattacks.

Sportsbet.io Customer Support

If there’s one thing that Sportsbet io does best, it’s definitely customer support. In this case, the support you’ll get goes way beyond contacting the support team, who are all professional and helpful.

The entire platform is designed to help even total beginners get around and enter the world of sports betting.

First things first, let’s list the available contact methods:

Live Chat — available on the left side of the page.
Email — [email protected]

No matter which method you select, you’ll have support agents at your disposal 24/7.

But before you reach out to support, feel free to go through the FAQ section and check out some of the most common questions.

Even though this site is by default in English and suitable for bettors in Canada, it’s worth mentioning that it’s also available in several other languages, including Japanese, Chinese, Spanish, Portuguese, Turkish, German, Thai, and Vietnamese.

Available Payment Methods at Sportsbet.io

As indicated earlier, Sportsbet io is a cryptocurrency sportsbook. At the moment, the available cryptos you can use for deposits and withdrawals are:

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Tron (TRX)
  • Ripple (XRP)
  • Allsportscoin (SOC)

Despite cryptos being the main focus, the platform did not completely forget about potential users. Therefore, you can also make deposits and withdrawals using fiat payment methods, including:

  • Credit card
  • Skrill
  • Neteller
  • EcoPayz
  • MuchBetter
  • Bank transfer
  • Interac
  • Rapid transfer
  • Pay4Fun

Depending on your location, there might be some additional fiat banking options available.

Judging by this list, Canadians have more than enough deposit and withdrawal alternatives in fiat currencies.

Still, you can’t really make bets using fiat currencies, so once you load your balance, you’ll have to convert it to Bitcoin using the BTCXE cryptocurrency exchange that’s part of the platform.

All cryptocurrency deposits and withdrawals are free. However, if you choose a fiat deposit process and convert it to BTC, you’ll have to pay a processing fee of 1.95%. Also, please pay attention to additional fees that may be charged by the payment method of your choice.

So, should you make fiat deposits?

It depends. If you already have a cheaper way to obtain BTC or any other accepted cryptocurrency, it’s not worth paying 1.95%.

However, if you don’t have experience using cryptos, and this is your first time betting on a platform such as Sportsbet io, don’t hesitate to use BTCXE.

The exchange works hand-in-hand with the sportsbook, making it convenient to purchase cryptos, especially if you’ve just entered the crypto world.

Minimum cryptocurrency deposits & withdrawals depend on the crypto you use. Here’s the list of minimum deposits.

  • BTC 0.001 = mBTC 1.00
  • ETH 0.01
  • LTC 0.1
  • USDT 10.00
  • XRP 50.00
  • TRX 100.00
  • SOC 100.00
  • BTCXE Exchange method = mBTC 3.00

If you decide to deposit using one of the fiat payment methods, the minimum deposit will be C$15.

Withdrawal amounts are a bit different from deposits. Let’s take a look at them.

  • BTC 0.002 = mBTC 2.00
  • ETH 0.02
  • LTC 0.2
  • USDT 20.00
  • XRP 100.00
  • TRX 200.00
  • SOC 200.00

The minimum amount you’re allowed to withdraw in CAD is C$30.

The majority of withdrawal methods are instant, but a slight delay might occur if you use bank transfer and cards. In that case, you might have to wait up to five business days before receiving your funds.

Finally, the minimum bet you can place on Sportsbet io is pretty low, making the platform suitable for casual bettors. Here’s the list of the minimum bets depending on your (crypto) currency:

  • mBTC 0.01 (BTC 0.00001)
  • ETH 0.01
  • LTC 0.01
  • USDT 0.07
  • TRX 10.00
  • SOC 10.00
  • XRP 1.00
  • CAD 0.10

The maximum bet may vary a lot depending on the sport, league or betting market. According to the Sportsbet io marketing team, the maximum bet can go up to 100 BTC.

Is Sportsbet.io Reliable?

We’ve noticed that one way to sign up with Sportsbet io is via your Google or Facebook account, which is not typical for gambling websites.

Combined with its strategic partnerships with reputable clubs and organizations, we can only conclude that Sportsbet io is a reliable and trustworthy online sports betting platform.

We took the liberty of going through user comments on reputable review sites and forums. The majority of the reviews were rather positive.

The few negative ones were mostly submitted by frustrated users whose accounts were closed down.

We liked that Sportsbet io’s team contacted these people explaining why they were in breach of rules and what to pay attention to next time. We can’t stress this enough — make sure to read the rules of every sportsbook you join to get the best possible experience and avoid the frustration of having your account closed.

Business Information

Sportsbet io started operation on June 1, 2016. It was founded by Timothy Jon Heath, who is the current CEO of the platform. The current Director of Sportsbook is Joe McCallum.

The site is an extension of the Coingaming Group that already operates in several countries, including Malaysia, Brazil, the Philippines, Ukraine, the UK, and Estonia.

Coingaming Group was established in 2014 and currently has 300+ employees and 18 products. Apart from the Bitcoin sportsbook, the company operates Bitcasino.io and Slots.io.

Since its inception, the platform has been upgrading its offer, resulting in better revenue, approximately $8.1 million in Q3 of 2020.

Betopin’s Verdict

Sportsbet.io should be your #1 sportsbook if you meet the two following criteria:

You own Bitcoin – You like sports betting

The platform offers its services around the globe and covers all popular sports and betting markets.

On top of that, it offers competitive odds and plenty of special offers that aim to improve your overall betting experience and reward you with hefty prizes if your predictions are correct.

The only major disadvantage of this platform is the lack of a welcome bonus. Still, the site offers plenty of promotions for regular players, which should do the trick.

Overall, we are pretty happy with how Sportsbet io operates and highly recommend it to Bitcoin users.

Sportsbet.io FAQ

Is Sportsbet io legit?

Yes, it is. Sportsbet.io is operated by a reputable company and licensed by Curacao eGaming, one of the most popular offshore gambling regulators.

Is Sportbet.io safe?

Sportsbet.io uses cutting-edge safety and security protocols to protect its customers and their funds.

Can Canadian residents sign up at Sportsbet.io?

Canadian bettors are welcome to join Sportsbet.io.

Can you receive a welcome bonus as a Canadian player at Sportsbet.io?

Unfortunately, Sportsbet.io doesn’t offer a welcome bonus to new players, regardless of their location.

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