Sportsbook.io Introduces First Crypto Cashout Feature


One of the leading sportsbooks that exclusively caters to Bitcoin users, Sportsbet.io , has just presented the pioneering cryptocurrency cashout feature, the first-ever to be deployed on a sportsbetting website.

Players will now have more control over their bets, even letting them adjust the bets or back out of them while the sporting event is still in progress. It virtually means that if one's team is losing, they can withdraw the recalculated winnings as a way of locking in profits or cutting losses. This would guarantee the profit for players by maximizing winnings or minimizing losses, or at least a specific sort of cashback.

This particular feature is already available across many real-money wager websites, and Sportsbook.io representatives say this was introduced in a record-breaking timeframe due to demand from their punters. The site's slogan is, "fun, fast and fair," and so they managed to dish out this cool cashout feature in a mere two weeks since its conception; and just in time for the biggest sporting event of the year - the FIFA World Cup 2018 in Russia.

Director of the sportsbook, Joe McCallum, stated: "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."

CEO, Tim Heath, was equally excited about this: "It's unbelievable that we've prepared the maths, backend functionality and created a superb UI ready to go live in such a short space of time. This is a credit to the whole sports team for such a rapid and brilliant turnaround time."

Source: Thomas, Lucy "A Bitcoin sportsbook first: Sportsbet.io pioneers cashout feature", . Medium.com. May 2, 2018.

Sportsbook Banking

Members Comments

  • Serbia Marinna

    9/5/18

    Such a great news for Sportsbet.io players, hopefully others will follow their example.

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

11s ago someone from us flag United States read article The Surprising Tumult Of The 2018 NBA Playoffs

Sports Community

Share this page on:
Follow LSB on:
Follow LSB

Join Now for full access

In the last 24h

Totals

  • New Members
    2
  • Members Online
    21
  • Guests
    890
Online Sports Reviews
Bet365 Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (159 Ratings)
Pinnacle Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (73 Ratings)
William Hill
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (125 Ratings)
Bodog Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (42 Ratings)
Betfred Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (68 Ratings)
188Bet
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (85 Ratings)
Sportingbet
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (97 Ratings)
Intertops
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (136 Ratings)
Sports Interaction
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (83 Ratings)
Interwetten Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (85 Ratings)
Big Bet World
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (49 Ratings)
Gamebookers
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (36 Ratings)
SportsBet
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (103 Ratings)
Boylesports
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (107 Ratings)
888sport
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (116 Ratings)
bet-at-home
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (95 Ratings)
10Bet
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (116 Ratings)
Bovada
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (81 Ratings)
Betway
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (95 Ratings)
Paf Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (50 Ratings)
GTbets
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (83 Ratings)
BookMaker Sportsbook
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (106 Ratings)
JenningsBet
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (62 Ratings)
Sports Betting Online
star ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar ratingstar rating  (71 Ratings)



eighteen plus only

Follow LSB on Facebook Follow LSB on Twitter Follow LSB on Pinterest Follow LSB on Google plus