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Sportsbet.io pays out biggest cashout bet in its history

George Miller

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Sportsbet.io pays out biggest cashout bet in its history
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Lucky punter wins 10 Bitcoin jackpot (€65,000) from tennis multiple

 

May, 2018 – Sportsbet.io, the leading Bitcoin-led sportsbook, has made history by swiftly paying out a whopping 10 Bitcoin (€65,000) via its new cashout feature.

The lucky player picked out a 10-leg tennis multiple, of which the first nine won. It was only during the final match involving Stan Wawrinka that the Sportsbet.io punter made the decision to cashout early.

It proved to be a wise move as Wawrinka went on to lose the match 6-4 6-0, while the player became Sportsbet.io’s biggest ever cashout-winner. The player’s winnings were paid out before the final match had finished.

The punter, a tennis enthusiast, said: “This multibet was huge luck as it is never easy to hit 10 games. I bet on it as a joke, and this happened!

Thanks to the cashout option I was able to get the money before the last match which was actually losing.

Joe McCallum, Director of sportsbook at Sportsbet.io, added: “We’re proud to be able to offer such a first class fixed odds betting experience, and think it stands testament to our promise of being a fun, fast and fair operator.

The player was right to cashout and we’re certain there will be many more lucky players to come.

Sportsbet.io became the first crypto sportsbook to add a cashout feature earlier this year, allowing bettors to lock-in profits, minimise losses and manage their wagers with ease.

As part of Sportsbet.io’s ‘Your Road To Glory’ World Cup 2018 offering, cashout plus a range of premium, innovative features will be made readily available to all those betting in the crypto sportsbook’s World Cup Centre.

 

 

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.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Bitcoin

Bitcasino.io enters purple patch with new website design

George Miller

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Bitcasino.io enters purple patch with new website design
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‘Purple mode’ skin instantly developed and launched following player feedback

 

Bitcasino.io, the leading licensed Bitcoin casino operated by the Coingaming Group, has responded to customer feedback by adding a new purple mode for players who want an extra splash of colour during their gaming experience.

The newly-designed skin is the direct result of user feedback, with some customers reaching out to the pioneering Bitcoin casino saying they missed the iconic Bitcasino.io purple following the site’s relaunch at the beginning of December.

While the new, cleanly produced white website is proving extremely popular with new and existing players, Bitcasino.io’s commitment to putting the customer at the ‘centre of the universe’ led it to add new colour schemes. As well as purple, a brand new ‘dark’ mode is set to follow early next year.

Pavel Navolochko, Head of Design, Bitcasino.io said: “Our players have been really impressed with the new website, but when they told us they missed the classic purple look, we knew there was still work to be done.

“We pride ourselves on reacting quickly to feedback from our customers and rolling out the new purple Bitcasino.io mode just weeks after we received the first comments underlines this commitment.

“We will continue to place our customers at the heart of our development process and look forward to using future feedback to drive forward innovation.”

Bitcasino.io re-launched its website to offer players the fastest and most user-friendly casino experience on the market in early December. The new site boasts and array of innovative new features as well as load speeds of up to eight times faster than its competitors.

 

About Bitcasino:

Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator.

Bitcasino has an expansive, quality casino product featuring more than 1,400 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes among the fastest in the industry and cutting-edge security measures in place.

 

 

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Bitcoin

Cryptocurrency: Top 8 Women In Cryptocurrency

George Miller

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Cryptocurrency: Top 8 Women In Cryptocurrency
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With the dramatic rise in the bitcoin price, the word cryptocurrency has now become ubiquitous with masses. Now everybody who gets introduced to this marvel wants to learn more about it. When we think about any kind of currencies, the main area of concern remains the security.

Hence in case of cryptocurrencies, security has been given the paramount importance through the use of cryptography. Before understanding cryptocurrencies, you should first understand the concept of general currency itself. Money as the way we know i.e.

Cash, is simply a token we use to exchange goods and services. The piece of paper we carry in our wallets doesn’t have any inherent value. It gets its value from the fact that we people believe it to possess value.

In present times, the need for any physical token has reduced drastically and the focus has clearly shifted to virtual currencies. Like traditional currencies, cryptocurrencies too are digital currency except some crucial differences among the two like the widespread use of internet.

Let’s check out how cryptocurrencies are different from traditional currencies. First of all they are not issued by any government. They are created and controlled by computer programming and super specialized algorithms.

The users themselves along with their combined computing power execute all the aspects of the transactions pertaining to a particular cryptocurrency. No banks or intermediaries are needed for maintaining records or for processing the transaction.

This system, where the transactions are directly carried out by and among the users and the sophisticated computing machines is known as blockchain. The transaction happening over a blockchain is termed as ‘peer to peer’ transaction.

The second major difference between cryptocurrencies and conventional currencies is that the total amount of a particular cryptocurrency that can ever be in circulation is limited. Hence we see that conventional currencies work on inflationary model while cryptocurrencies has been designed to work on a deflationary model.

Women In Cryptocurrency: Top 8 Women In Cryptocurrency

Check out the following infographic on Top 8 women in Cryptocurrency, its all about the most popular Crypto women and their achievements to this industry. 

Women In Cryptocurrency

This infographic was developed by MrBTC.org, please go through it and let us know your thoughts.

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Bitcoin

Bitcoin Dice: A Dice Game Revolution

George Miller

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Bitcoin Dice: A Dice Game Revolution
Reading Time: 2 minutes

 

Bitcoin dice games are probably the most popular Bitcoin powered casino games in existence at the moment. Bitcoin dice was first invented by one of the first Bitcoin casinos to appear, SatoshiDICE.

Bitcoin dice is a very innovative and exciting game, that cryptocurrency gamblers are enjoying playing at the moment. There are thousands of different combinations which can appear whilst playing Bitcoin dice, whereas traditional dice games only feature six numbers to choose from and is not played based on blockchain, like Bitcoin Dice is. Still the probability of dice rolls in a classic dice game applies to all dice related games, including bitcoin dice games. Dice games have always been popular in many forms, so it is no surprise Bitcoin versions of the games are making waves.

This fantastic cryptocurrency game is very simple to play and that is partly what makes it so attractive. It has an easy to understand layout and learning how to play the game is not difficult at all. These dice games have a low house edge, that usually stands at around 1-2%. Rolls are very quick, and the player receives instant feedback. The sites that let you play these games enable the player to choose a precise win percentage and then they have a variable reward, another reason they have become so popular. It is the most simple, raw form of gambling you will find, you pick a number and place your bet.

There are many different strategies that Bitcoin dice players can choose to implement, many similar to traditional forms of gambling strategies. A common bitcoin gambling strategy is the well know Martingale strategy. This involves betting on something that will double your bet, then if it loses simply doubling your stake on your next bet, then if you win go back to your original wager amount and if you lose then double it again. The plan seems simple; however, it often bankrupts players as even if you have just lost 10 times in a row, your chance of winning the next time doesn’t actually increase, it’s exactly the same every single time and you can end up risking hundreds or thousands of dollars to win one dollar back.

Another well-known method is the Paroli system, which actually increases the stake when a win occurs. This is used by some Bitcoin players on popular sites such as PrimeDice. You would double your wager after a win, reset after a loss and reset after 3 wins. There are many other gambling strategies that can be used, that should be researched before using and the player should understand the risks.

Cryptocurrency betting is becoming a big deal and has actually earned more than 3.7 million Bitcoin in just 3 years. This year saw a massive win on popular site Cloudbet of 160 Bitcoin, which is around $255,000. Furthermore, there are some who estimate profits from established bitcoin sites to be in excess of $19.3m.

Bitcoin dice is becoming increasingly popular and can be played on many sites now such as top ones like Betchain, SatoshiDice, bitStarz and Cloudbet.

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