1xBit Sportsbook Review

About 1xBit Sportsbook

The international bookmaker company 1xBit is developing a popular innovation in the field of gambling - Bitcoin gambling. All financial transactions are carried out in cryptocurrency, clients are offered high odds, quick registration and withdrawal of winnings without commission. Additionally, there is a lot of gambling entertainment, bonus offers for new players and regular customers.

History of creation

1xBit has been operating since 2016. The company is focused on clients from Europe and Asia, the website has been translated into more than 60 languages. Users can bet on sports, virtual competitions, slots, currency movements, play in online casinos, betting and the lottery. The bookmaker operates under license No. 1668/JAZ, which is issued by the Government of Curacao to 1x Corp N.V.

Odds and Margin

Bookmaker 1xbit offers clients favorable pre-match odds for e-sports tournaments, as well as tennis and hockey competitions. For these sports the margin is below 5%. From 5 to 6% commission is taken when calculating odds for football, handball, basketball and volleyball. In the live line, the average margin is 6-8%. The bookmaker offers bets on totals, handicaps and other additional markets with a fee of 5.8%.

Registration

In the registration form, the client only needs to provide his email address from his personal information. Additionally, a password and promotional code are required if the bonus combination is available. Next, you need to confirm your agreement with the rules of the bookmaker company and the age of majority. To activate your account, you need to follow the link that will be sent in the email.

Verification

The client can top up the balance, place bets and withdraw funds immediately after creating a profile. The bookmaker does not require an identity verification procedure. This correlates with the principles of anonymity that are observed when using cryptocurrency.

Personal Area

After registration, the bettor receives a login for authorization in the Personal Account. You can also log in to your account using your email address. The following sections are available to the client in the personal account:

• Personal data. The account number, email, date of user registration, and IP addresses of previous sessions are indicated here.
• Safety. To reliably protect the account, the user can change the password and set up two-factor authentication.
• Account settings. This section contains a list of cryptocurrency wallets linked to the profile. You can configure the display of the current balance on the top panel, subscribe to news, activate alerts about the receipt of funds, bonus offers, and use a promotional code.
• Deposit/Withdraw from account. There are more than 40 cryptocurrencies available in the system for making deposits and receiving winnings.
• Betting history. This section is filled with information about all bets placed. You can select bets on totalizator or unsettled bets separately.
• History of translations. List of transactions on the main and bonus accounts.
• Bonuses and gifts. Information about current promotional offers, there is also a field for checking the promotional code.
• VIP cashback. Information about the user’s status in the loyalty program, the number of points remaining before moving to the next level.
• Request to the administrator. Field for sending a request to support staff.

In the site settings, the bettor can additionally change the type of odds and choose which sections will be displayed on the main page.

Bonuses

New players can take advantage of the welcome bonus at bookmaker 1xBit. To receive it, you need to register and deposit money into your account. Bonus funds are awarded on the first four deposits. The maximum reward amount is 7 BTC. After funds are credited to the bonus account, they must be wagered within a month with a wager of x40. To do this, you need to bet real money on single bets and accumulators. Events with quotes of 1.6 and higher are taken into account. In the future, the user earns points for all bets in the bookmaker. Their number depends on the bet size and the current odds. Bonus points can be exchanged for real money: $10 = 500 points.

Promotions

On an ongoing basis, the bookmaker company offers clients to participate in the following promotions:

• 100% bet insurance. The cost of the service depends on the odds for which the player placed a bet. If the user loses, they will receive the bet money back to their account.
• Express of the day. Every day the bookmaker offers several express bets in the live and pre-match lines, consisting of the most interesting events in different sports. If a customer places a bet on one of these coupons, the final quote will increase to 10%.
• Star jackpot. All bettors who bet in the last 24 hours take part in a drawing for cash prizes every day.

Loyalty program

Bonus points, which depend on the size of the odds, allow bettors to increase their status in the loyalty program. The higher it is, the higher the cashback percentage. Users get back up to 11% of their lost money. Upon reaching the VIP level, cashback up to 0.25% is calculated on the size of all bets placed.

Payment systems

Bettors can use 51 cryptocurrencies to deposit and withdraw funds.

Available currencies

The bookmaker accepts all popular world cryptocurrencies, including Bitcoin, Dogecoin, ZCash, Litecoin, Ethereum and Monero.

Commissions and limits

You can top up your balance with an amount starting from 1 mBTC. There is no maximum threshold. There are no commissions for making deposits and withdrawals.

Deposit and withdrawal deadlines

All financial transactions are carried out by the system within 15 minutes.

1xBit pros and cons

As with any good unbiased review, you should weigh the pros and cons of using this platform, especially if you are planning to start working with this operator/vendor.

Some pros

– 40+ cryptocurrencies accepted (Bitcoin, Ethereum, Dogecoin and more)

– Multicourse account

– Sports betting and additional games

– Huge selection of international sports markets

- Live betting and streaming

- High odds and bet insurance

- Lots of promotions

- Simple and fast registration

– Available in over 60 different languages.

Some cons

– Only cryptocurrency is used on the site.

Support

Technical support can be contacted via live chat on the website or by email. Response time is usually fast, since 1xBit consultants work twenty-four hours a day, seven days a week.

1xBit Sportsbook Review: Conclusion

Our experts recommend 1xBit for betting to almost all players. For beginners, this is a great opportunity to learn how to place bets in one of the bookmakers with the largest selection of events. 1xBit will help professional cappers hide their income and, as a result, avoid paying taxes on additional profits. It also opens up great prospects for betting with maximum limits.