Coingaming Launches Sportsbook for the International Bitcoin e-Gaming Market
Coingaming.io, the leading software provider for white-label Bitcoin casino solutions, today announced that it has launched its bitcoin only sportsbook product ahead of the forthcoming English Premiership football season which starts on August 8th 2015.
The sportsbook solution will offer several unique opportunities for bitcoin gaming operators. The product has been designed and built in-house to maximize profits for bitcoin operators looking to add sports to their gaming portfolio, or for those wishing to improve their current sports offering.
Mark McGuinness, Communications Director of Coingaming, said:
"The underlying bitcoin sportsbook technology shall offer significant advantages over traditional fiat currency based fixed-odds platforms. We have over 10,000 live betting markets on offer per week, including fast developing betting sports such as MMA and eSports. Benefits for the player include the ability to place larger bets on events on any device with better odds, instant deposits and cash-outs. These features will appeal to young smart, mobile focused sports bettors that demand instant gratification.”
Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.