Press Releases
Sportsbet.io becomes first bitcoin sportsbook to introduce cashout

Operator introduces tool on back of significant customer demand
2nd May 2018 – Sportsbet.io, the leading bitcoin-led sportsbook, has taken yet another pioneering step by introducing a cashout feature, the first of its kind for crypto sportsbooks.
Bettors will now be able to lock-in profits, minimise losses and manage their wagers with ease on Sportsbet.io’s proprietary platform, putting them firmly in control of their betting experience.
Customers will also have the opportunity to back out of bets they’ve placed by mistake or quickly changed their mind on, allowing them to re-stake on other selections.
The move comes after a number of customer requests and has been delivered in a short space of time, in keeping with Sportsbet.io’s desire to provide the best customer-centric sportsbook on the market.
Cashout is just one of the latest innovative features reinforcing Sportsbet.io’s drive for personalisation and ultimate desire to create the best user experience. It’s also the first in a long line of extra special features due to be added to the sportsbook in the lead-up to Sportsbet.io’s market-leading World Cup campaign entitled ‘Your Road To Glory’.
Sportsbet.io has consistently led the field since founding in 2016 on the back of its ‘fun, fast and fair’ approach, cementing its position as a premium operator and a market innovator.
Now live, the cashout feature will be available to customers on the majority of sports on site, both pre-match and in-play, ensuring a more tailored experience.
Joe McCallum, Director of Sportsbook at Sportsbet.io, said: “We aspire to be one of the leading sportsbooks around and this requires not only the best betting content but also a quality user experience, and introducing cash-out is sure to enhance this.
“Being the first bitcoin-led operator to introduce cash-out not only confirms our position as the premium crypto-sportsbook, but also demonstrates our commitment to our players around the world, many of whom have demanded these kinds of features.”
About Sportsbet.io:
Founded in 2016 as part of the Coingaming Group, Sportsbet.io is a leading bitcoin-led sportsbook operator.
Sportsbet.io has an expansive, quality betting product across all major sports and eSports, offering more than 350,000 pre-match events per year, as well as comprehensive in-play content. It also provides innovative markets such as player prop bets for soccer, American football and basketball, and is the only bitcoin-led sportsbook to provide live streaming across all major sports. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry.
For more information about Sportsbet.io, please visit https://sportsbet.io.
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