Bitcoin sportsbook celebrates successful first month

Bitcoin sportsbook operator SportsBet.io is celebrating a successful first month following its launch in June. Sportsbet

The sportsbook went live shortly before Euro 2016, and has already paid out in excess of 800,000 mBTC to players. The biggest individual win from a single betwas 8,650 mBTC (£4230) which was won by a punter betting on an Kansas City Royals v Houston Astros match.

Other notable statistics were that 33% of bets were placed on mobile and over 19,000 individual bets were processed.

SportsBet.io also sent ten players to the finals of the European Championships. The operator has plans to launch a new lottery mechanism for the start of the new football season to ensure even more great prizes are given away in a provably fair and open manner.

SportsBet.io spokesperson Joe Jordan, said: “As part of our desire to be an open and transparent Bitcoin sportsbook, we felt it would be nice to share some numbers with the community from our first month of activity.

“As the numbers show, it has been a hugely successful launch for both ourselves and many of our punters who have cashed big wins during Euro 2016. We look forward to offering more great Bitcoin betting opportunities throughout the summer and into the next football season.”

SportsBet.io launched last month and offers over 350,000 pre-match events per year, with a peak of 70,000 events during prime months.

It also features a comprehensive live offering with hundreds of ‘in-play’ markets available on major sports fixtures.

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