1xBit.com Bitcoin Sportsbook Review

The blockchain technology has brought disrupting innovation to many industries and the gambling one has not been an exception. More specifically, the possibility of accepting cryptocurrency payments and deposits can of course be seen as a valuable asset for established businesses. At the same time it can also be considered as a great opportunity for new players like 1xBit.com to enter the arena and try to differentiate themselves in a very competitive market.

In this article we are looking at what their platform offers, its cryptocurrency focus and why it could be appealing for online gambling.

What is 1xBit

1xBit has been established in 2016 and defines itself as a Bitcoin sportsbook and casino website. According to them, they developed their own unique software for placing sport bets and playing casino games of top-providers. The selection of game categories available is pretty wide:

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In more detail:

• More than 50 kinds of sport including Australian Rules, Horse racing, Rugby, Cricket, Baseball, Soccer, Gaelic football, Darts, Greyhound racing, eSports, Virtual Sports etc.
• Video streams or informative graphic simulations for most of live events.
• Platform for slot games from more than 100 providers and 4000+ slots, allowing to play up to 4 games at the same time.
• Live dealers casino with all types of games – roulette, blackjack, baccarat and more.
• More than 90 self-developed casual games.

Aside from having its own casino table, 1xBit allows to enter a number of lotteries too and offers its own interface for financial bets, which can be accessed from the top right menu:

The website offers support for popular types of sport bets (pre-match and live), cathering for both casual and advanced players with a betting constructor and a betting exchange. Also worth noting, the website has a mobile-friendly version but 1xBit offers apps for Android and iOS as well.

Betting using cryptos

Despite the “Bitcoin betting website” standard label, the cryptocurrency support goes as usual well beyond BTC. More specifically, their official blog has a guide with the following list:

Source: 1xbit.com/en/blog/betting_guides/multicurrency/

Customers are able to play directly using all the currencies (as a separate balances) above. Importantly, 1xBit has no fees for deposits and withdrawals, available anytime. We have been informed that also 4 stablecoins have been added: Tether, USD Coin, True USD and PAXOS ST. At the time of this writing we could not find confirmation of that in the guide linked above, although the logos of such stablecoins are displayed in different sections of the website. 

Bonuses and other features

The homepage features a quite appealing bonus to invite new customers to register to the website.

At the time of this writing, that bonus alone is worth almost A$90k. The details are explained at 1xbit.com/en/bonus/rules/welcome_bonus/ and T&C’s apply which can be read at 1xbit.com/en/information/rules/ under Bonuses. A number of other bonuses are currently available too, for example:

• Unlimited Cash Back Bonus 1xbit.com/en/bonus/rules/cash_crypto/
• VIP Cashback Bonus 1xbit.com/en/bonus/rules/crypto_cashback/
• Accumulator of The Day 1xbit.com/en/bonus/rules/express/
• Advancebet 1xbit.com/en/bonus/rules/doverie/

The website explicitly targets a global audience with localisation for 60 countries and over 40 languages, including a 24/7 live-chat and email support for most of them. On a different note, it is also worth mentioning 1xBit’s affiliate program which offers up to 40% commission for each new customer introduced. More information available at partners1xbit.com/home/login .

Conclusion

1xBit is trying to cut its own slice of the gambling market cake against a very fierce competition. Their platform looks ready for it and their overall offer is quite comprehensive, also thanks to the range of Bonuses available for newly registered users as well as recurring customers. Even with plenty of alternatives available inside and outside of the crypto-sphere, 1xBit is an option.

A necessary reminder: online betting can be very addictive, so remember to gamble responsibly. Support and help are always available, including from 1xBit itself who offers a self-restricting option on-demand for their customers.