Betcoin Review

Betcoin Review

Betcoin is a crypto sportsbook that provides sharp odds, a large welcome bonus, quick payouts and comprehensive coverage of 23 different sports. It also offers an online casino featuring slots and table games from 79 of the world’s leading suppliers, including NetEnt and Microgaming.

Betcoin Background

This online gambling site was founded in 2013. A company called Dutch Antilles Management operates Betcoin, and the site is licensed and regulated by Gaming Curaçao. It had a couple of encryption issues when it first launched, but they were quickly fixed, and Betcoin is now regarded as a very secure, trustworthy online sportsbook.

One of its key strengths is its payout speeds. You will normally receive your funds within 15 minutes of requesting them, whereas rival, fiat-based sportsbooks often keep you waiting for several days. It started out as a Bitcoin casino, before adding an online sportsbook, and it now accepts a wide variety of altcoins, including Ether, Litecoin and XRP.

You will often find reduced juice betting lines at Betcoin. On the whole, the odds are a lot more appealing than those found at rival crypto sportsbooks such as Nitrogen Sports. It is also a great option for anyone seeking variety, as you will find around 100 betting options on big games. This Betcoin review delves deeper into the quality of the odds, the payout speeds, the limits for deposits and withdrawals, the deposit bonuses, the live chat service and the sportsbook markets available. It is primarily a sportsbook review, but we will also focus on the casino games that Betcoin offers, the live casino section and the online poker room. Read on to learn more about this popular Bitcoin gambling site.

Deposit Bonus

The sign-up bonus promoted on the Betcoin site is a 100% deposit match offer worth up to 1 BTC. You will typically find Bitcoin broken down into millibitcoin (mBTC) at this site. 1 mBTC equals 0.001, so it is also described as a 100% welcome bonus worth up to 1,000 mBTC.

This first deposit bonus is strictly for slots. You cannot use it on table games, live dealer games or sports. The promotions page does not state a rollover requirement, but it is usually 50x for new customers. This is a large bonus, as 1 BTC is worth more than $36,000 at the time of writing, and it has been as high as $67,000, so it is far bigger than the sign-up bonuses at fiat-based casinos.

In the past, Betcoin has offered sports welcome bonuses. For example, you could claim a 100% sportsbook sign-up bonus worth up to 0.1 BTC (100 mBTC). It had an 8x rollover requirement, but the minimum odds were just 1.25 (-400), so completing it was not particularly taxing. It was also a cash bonus, as opposed to a free play, so you would keep your stake (bet amount) on successful bonus wagers.

We have also recently seen a 50% sign-up bonus worth up to 100 mBTC, which came with a 15x rollover requirement and minimum odds of 1.67 (-150). This could be claimed in addition to the 100% up to 1,000 mBTC casino welcome bonus. You can raise a support ticket when you sign up for a Betcoin gambling account to request a sports betting deposit bonus. The customer support team will let you know what is available, including the wagering requirements.

Ongoing Bonuses

There is a bonus section within the Betcoin.ag site, which highlights any ongoing promotions for existing customers. You can claim a 50% second deposit bonus for slots at Betcoin, and a 25% third deposit bonus.

Both of those deposit bonuses are worth up to 1 BTC (1,000 mBTC), so you would need to deposit 2 BTC of your own money to claim the full bonus amount on your second deposit, and 4 BTC on your third deposit.

VIP Player’s Club

There is a rewards and VIP program called VIP Player’s Club at Betcoin. You will start out as a Bronze III member, which ensures you receive 0.01% back for every sports or casino bet you place, and 1% back for any casino losses. When you reach 1,000 status points, you will move up to the Bronze II level. You will receive 0.1 status points for every $1 you wager.

Bronze II members enjoy 0.01% back on all sports bets and 1% back on all sportsbook losses, along with 0.02% back on all casino bets, plus 2% back on any losses incurred playing casino games. The next level is Bronze 1, which earns you 3.5% back on casino losses and 2% back on sportsbook losses, plus 0.03% back on all casino bets and 0.02% back on all sportsbook wagers. You will then move up to Silver III, Silver II, Silver I, Gold III, Gold II, Gold I, Emerald III, Emerald II, Emerald I, Ruby III, Ruby II, Ruby I, Diamond III, Diamond II, Diamond I and finally Master.

The redemption rates improve each time you move up a level. By the time you reach Master, you will receive a 33% rebate on any casino losses and 20% back on sports losses, plus 0.35% back on all casino bets and 0.2% back on sports bets. However, you would need to earn 10 million status points to reach that level, which would require $1 billion worth of wagers.

Leaderboard Challenges

There are also daily, weekly, and monthly leaderboard challenges at Betcoin. The categories are most crypto casino bets, most sports bets, top casino bet, and top sports bet. They are divided into different cryptocurrencies too.

You can win free bet tokens for performing well in leaderboards. In the past, Betcoin has also given out free bets to customers that provide feedback, and it runs prize draws, contests, and parlay bonuses too at certain times.

Deposit Methods

There are eight deposit options at Betcoin. You can use Bitcoin, Ether, Litecoin, Ripple (XRP), Bitcoin Cash, Dash, Monero or IOTA. The altcoins accepted are those that came to the fore during the great bull run of 2017. It has not incorporated some of the newer coins, such as Cardano (ADA), Polkadot, and Shiba Inu, and stablecoins like Tether and USDC are not listed on the site as deposit options.

Although this is predominantly a crypto betting site, you can use a credit card to make a deposit too. Just click the green “Use Credit Card” button at the top of the page. Credit card deposits are instant, whereas crypto deposits may take around 15 minutes depending upon network speeds at the time you send the funds.

Withdrawal Methods

You can also use Bitcoin, Ether, Litecoin, Ripple (XRP), Bitcoin Cash, Dash, Monero, or IOTA for withdrawals. Your first payout may take up to 24 hours while Betcoin runs security checks, but all subsequent withdrawals should take around 15 minutes.

That makes Betcoin one of the quickest sportsbooks in the business for withdrawals. Some users have previously reported having to wait a day for a payout, but that is very rare. If you are kept waiting longer than four hours, email the customer support team, submit a support ticket, or try live chat. The cool internal chat system also puts you in contact with other players to seek advice.

Sportsbook Menu

The sportsbook menu at Betcoin is very comprehensive. It lists the sports covered in descending order of popularity, starting with football, basketball, tennis, soccer, baseball and ice hockey and going down to the likes of field hockey, badminton, water polo and beach volleyball.

Its motorsports coverage is impressive, featuring Formula One, NASCAR, IndyCar, Formula E, stock car racing and motorcycle racing. There is also a vibrant esports section that includes Dota 2, League of Legends, CS:GO, StarCraft, Overwatch and Rocket League.

Betcoin covers an impressive selection of worldwide leagues. For example, basketball fans can bet on games in 32 different countries. That includes Bosnia & Herzegovina, El Salvador and Tunisia, which are not renowned for hosting elite leagues.

The soccer section is even more comprehensive. It goes down to the semi-professional and amateur leagues in countries like England, Germany, Spain, Austria, Denmark and Turkey, along with under-21 leagues and lots of women’s leagues. There are obscure games in countries such as Angola, Tanzania, Kuwait, Bangladesh and Singapore covered, along with a simulated reality league for virtual sports fans.

Betting Options

It is great to see so many sports covered, including reasonably uncommon options such as futsal and field hockey. You will only find around five betting options on games taking place within niche sports. However, there are around 100 betting markets on big football and basketball games. It does not offer player prop bets on NBA, MLB and NHL games, which is a little disappointing. You will find lots of game props, team props and alternative lines.

Once again, the strongest coverage is reserved for soccer. There are more than 250 betting options available on Premier League, La Liga, Serie A, Bundesliga and Champions League games. You can find player props on soccer games, along with a wide variety of Asian handicaps. There are lots of betting markets on bookings, corners and so on.

Website Review

The Betcoin website is stylish and user-friendly. It features light gray text on a dark background, with flashes or red and green to brighten things up. Navigation is very simple. There is a main menu to the left of the screen, which is laid out in an intuitive manner, allowing you to find sports, leagues and competitions with ease. Whenever you click on a league or sport, a list of games and events within that sport will appear in the middle of the screen. You can alternatively use the powerful search option at the top of the page to find individual games or tournaments.

The betting options are neatly compartmentalized when you click on a specific game or sports event. You can filter it down to all sportsbook markets, main markets, totals, half markets and so on, which speeds up the user journey. The betslip is also easy to use. It allows you to place straight bets (singles), combinations (such as parlays) and system bets with ease. There is a “My Bets” section, which allows you to keep track of your open wagers, and the live betting section is very thorough.

The odds are displayed in the decimal format by default, but you can change them to the American format. In general, the Betcoin odds are of a very high quality. We found reduced juice lines on football and basketball sides and totals when conducting this Betcoin review. It occasionally charges more than the standard juice, but most of its lines are reduced juice. The standard vigorish (house edge) on sides and totals at online sportsbooks is 4.77%, as you typically find odds of -110 on either side of the bet. At Betcoin, we found NBA totals priced at 1.89 (-112) / 1.95 (-105), which is a house edge of just 4.19%. That is great for bettors. On the flipside, some of the MLB moneylines could be sharper.

Ideal For High Rollers

We should also point out that Betcoin is an excellent option for high rollers. You can wager up to 1 BTC (1,000 mBTC) on a pre-match market and 0.5 BTC (500 mBTC) on live betting options. In fiat terms, that gives Betcoin higher limits than most rival sportsbooks that are licensed by Gaming Curacao, the primary regulator in the Caribbean and Central American region.

Betcoin Mobile Review

The Betcoin mobile site has a similar design and layout to the desktop site. It features the same categories and menu headings. There are some neat shortcuts to speed up the mobile browsing experience.

It does not offer a native mobile app for download through the App Store or Google Play. However, the site has been optimized for mobile use. The mobile betslip is not particularly user-friendly, so it is better to use the desktop site if possible. The mobile site will suffice when you are on the move. They are constantly working on it to improve the mobile version, though.

Betcoin Live Betting Review

You can click on the “Live Sportsbook” section at the top of the Betcoin homepage to check out a list of in-play betting options. It provides a list of featured sports to the left of the screen. Betcoin offers live betting on all major sports like football and basketball, along with smaller sports such as beach volleyball, darts, handball and futsal. You can also bet in-play on esports and virtual sports.

Switch to “event view” to check out your wagering options on a particular live game. It does not offer live streaming, but you can follow the action via a “match tracker” tool. That includes an infographic, play-by-play updates and stats. This is an impressive live betting section, which offers a strong overall user experience and a strong variety of betting options. For example, you will find a long list of live betting markets on a random Turkish basketball game. Once again, the live betting section works best on a desktop, as it is quicker and easier to use.

Betcoin Casino Review

Betcoin was initially launched as a Bitcoin casino, and that remains the primary focus of the site. It offers a strong selection of online casino games from 79 leading suppliers. That includes industry heavyweights such as Evolution Gaming, NetEnt, Microgaming and Pragmatic Play. There's also highly-rated smaller studios such as Thunderkick, Yggdrasil and Nolimit City.

There are more than 1,000 Betcoin.ag casino games in total. That includes live casino tables, slots, virtual table games, Provably Fair games, virtual sports and progressive jackpots. You can sort by categories, providers, popular games, new casino games, live casino games slots, blackjack, baccarat, roulette, craps, table poker, virtual sports, Provably Fair dice games and video poker. There is also a search option, which allows you to find individual games.

Slots

The casino games offered on Betcoin.ag are provided and regulated by Gaming Services Provider N.V., a licensed operator in Curaçao. It has furnished Betcoin with a huge selection of slots. You will find the list of providers running down the left of the page. However, the links appear to be broken, as a blank screen greets you if you click on any of them. Instead, you need to venture into the slots section and filter by categories such as “New” and “Popular.” The game variety is impressive, with far more titles than most online casinos, and the overall quality within the online casino game section is high. 

Table Games

The table games section at Betcoin is divided into blackjack, baccarat, roulette, craps and table poker. Each section is packed with virtual table games and live games. Suppliers including NetEnt, Microgaming, iSoftBet and Genii have supplied the table games. You will find a great deal of variety, with all sorts of fun blackjack, roulette and baccarat variants on offer. The table poker section of this online casino and the video poker section are currently empty.

There are not many specialty games, aside from the virtual games for sports fans, but you can find some Provably Fair games / dice games. Provably Fair Games are designed to show that Betcoin cannot manipulate the outcome of a randomly generated roll. It is worth remembering that these table games do not count towards completing rollover requirements on the online casino bonus. However, you will earn VIP program points when you play casino games.

Live Dealer Games

There is an impressive live casino section at Betcoin. It features games from market leading supplier Evolution Gaming, along with Ezugi, Asia Gaming, eBET and BetGames.tv. You can play a wide variety of roulette, blackjack, baccarat and table poker variants. You can also get into games like craps, Sic Bo and Dragon Tiger. Popular game shows such as Mega Ball and Crazy Time are featured. You can even bet on classics like Rock Paper Scissors. There are more than 100 live games in total, including speed games and VIP and Salon Privé live tables for high rollers. The connection is reliable, and the live dealer section is user-friendly.

Betcoin Poker Room

Betcoin is also famed for its online poker room, which sits alongside the sports betting section and the Betcoin.ag Casino. It is renowned as one of the best online poker rooms in the business. Until 2019, BetCoin’s poker room was part of the Winning Poker Network. They parted ways as Betcoin decided to go down an independent route. BetcoinPoker.ag is currently under maintenance, but it should return with an impressive selection of cash games and tournaments in future, along with a competitive rake back program. However, traffic could be an issue.

Customer Service Review

You can file a support ticket 24/7 if you need customer support. It also offers live chat 24/7, which is a slightly quicker way to get your questions answered. Alternatively, you can send an email to [email protected]. The representatives are normally quick to respond and knowledgeable.

You can ask about sports betting deposit bonus options, casino offers, the Betcoin Casino and live casino, the VIP program, virtual games, how to play poker, minimum deposit, average betting limits, what bet types entail, and any other questions you might have about your crypto gambling account.

There is also the option of creating a community ticket, which allows you to gain feedback from the community and gain rewards in the process. There is a lively community chat on this Bitcoin casino and sports betting site, talking about game results, betting strategy and more. It really enhances the overall user experience.

Conclusion

Betcoin is one of the best sports betting sites in terms of crypto. They excels in lots of important areas, offering very competitive odds, cover a huge array of sports events, deposits and withdrawals are rapid and reliable, the interface is stylish and there is a great support team.

You can deposit with credit card, play with crypto and bet anonymously. That's something that many players look for..

In terms of the Bitcoin casino, they feature a very impressive lineup with some appealing deposit bonuses and a large selection of slots, table games, virtual games and live casino games. It is not perfect – a stronger mobile betslip would be welcome, along with a broader selection of sports betting bonuses – but overall, it is a very impressive crypto gambling site.