Sportsbet.io Review

Betting with Bitcoin and other Cryptocurrencies in India

Offer applies to selected Sportsbet.io customers | Play any Sports Guru IPL contest | Enter your selections and win prizes | Duplicate Accounts are not eligible for the promotion | Bets made with bonus funds, free bet tokens, or any other promotional funds will not be eligible | Full T&Cs apply | https://begambleaware.org

Prizes:
Every contest winner will be displayed on the leaderboard. Leaderboard is updated once per day.
Final match contest TOP-5 winners will share a prize pool of 2,000,000 INR.

NOTE: Only winners of previous IPL matches contests are allowed to play in the final match contest.
General:
Sportsbet.io reserves the right to make amendments or cancel the promotion at any time.
This offer cannot be used in conjunction with any other offer.
All other Sportsbet.io terms and conditions apply.
The offer is limited to one per user, IP address, electronic device, household, residential address, telephone number, payment method, e-mail address and any public environments where computers; and IP addresses are shared such as, but not limited to: universities, schools, libraries and workplaces. In other words, only one bet is allowed per one individual.
If the user is involved in any suspicious and/or fraudulent activity, Sportsbet.io reserves the right to cancel the user’s bets, remove the user from the current promotion, exclude from all future promotions and not credit any winnings.
These Terms and Conditions may be published in several languages for informational purposes and ease of access by players. The English version is the only legal basis of the relationship between you and us and in the case of any discrepancy with respect to a translation of any kind, the English version of these Terms and Conditions shall prevail

Claim!
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Sportsbet IO Logo
Sportsbet.io
Bonus: ₹2,000,000 IPL Quiz
Topics

Offer applies to selected Sportsbet.io customers | Play any Sports Guru IPL contest | Enter your selections and win prizes | Duplicate Accounts are not eligible for the promotion | Bets made with bonus funds, free bet tokens, or any other promotional funds will not be eligible | Full T&Cs apply | https://begambleaware.org

Prizes:
Every contest winner will be displayed on the leaderboard. Leaderboard is updated once per day.
Final match contest TOP-5 winners will share a prize pool of 2,000,000 INR.

NOTE: Only winners of previous IPL matches contests are allowed to play in the final match contest.
General:
Sportsbet.io reserves the right to make amendments or cancel the promotion at any time.
This offer cannot be used in conjunction with any other offer.
All other Sportsbet.io terms and conditions apply.
The offer is limited to one per user, IP address, electronic device, household, residential address, telephone number, payment method, e-mail address and any public environments where computers; and IP addresses are shared such as, but not limited to: universities, schools, libraries and workplaces. In other words, only one bet is allowed per one individual.
If the user is involved in any suspicious and/or fraudulent activity, Sportsbet.io reserves the right to cancel the user’s bets, remove the user from the current promotion, exclude from all future promotions and not credit any winnings.
These Terms and Conditions may be published in several languages for informational purposes and ease of access by players. The English version is the only legal basis of the relationship between you and us and in the case of any discrepancy with respect to a translation of any kind, the English version of these Terms and Conditions shall prevail

Claim!
×
Sportsbet IO Logo
Sportsbet.io
Bonus: ₹2,000,000 IPL Quiz
opics

Sportsbet.io Review

Betting with Bitcoin and other Cryptocurrencies in India

Deposit at Sportsbet.io with:

Special features

Wide range of deposit methods
Competitive cricket odds
Cricket Betbuilder avalable
Impressive promotions and offers
Low minimum bets
review by: Jim

Looking to learn more about what Sportsbet.io has to offer?

They are a Bitcoin betting site with a host of other cryptocurrencies available. With bonuses for existing customers plus competitive odds and it’s a good first impression.

Explore what else this site has in store as a fully licenced, legal sportsbook in India.

Sportsbet.io Welcome Offer

At the moment, there’s not a welcome offer available for new Sportsbet IO customers in India. This is somewhat unusual for an online betting site. However, there are several interesting bonuses and promotions on offer to existing customers.

They are clearly focused on the experience of loyal customers. There is a choice of offers that make this a cricket betting site worthy of consideration for players in India.

How to Open an Account

  1. Visit Sportsbet.io
  2. Click “Join Now”
  3. Pick a username and password
  4. Enter your email and date of birth
  5. Select your default currency, such as Indian rupees
  6. Confirm your registration via the welcome email
  7. Deposit funds into your new account
  8. Start betting

₹2,000,000 Jackpot on Brett Lee’s IPL Quiz

As the Indian Premier League continues, there is a specific IPL offer that will be of interest, especially with a 2,000,000 INR prize pool.

It’s in partnership with Brett Lee who had a successful career in India with Kings XI Punjab and Kolkata Knight Riders.

Sportsbetio Brett Lee IPL Quiz

Sportsbet.io run quizzes for each match during the tournament. These are provided by a company called SportsGuru and require players to answer several questions about the upcoming contest.

The entry fee for all contests is set at 1 Euro (approximately 80 INR).

Questions include:

  • Who will win the match?
  • How many runs will be scored?
  • How many batsmen will hit a 6?
  • Will any opener score a half-century?

If you win a daily contest, you’ll secure a prize. More importantly, you’ll earn entry into the final match contest.

The top 5 entries will share the 2,000,000 jackpot. This is a unique offer across the Indian betting market, especially with a sizeable prize on offer to the winners.

How to Enter

  1. Visit the site
  2. Sign in to your account or open a new one
  3. Click on the “Sports Guru” section from the main menu
  4. Enter a daily contest on an upcoming IPL game
  5. If you win, you win a prize and are entered into the final match contest
  6. The top 5 places in the final contest will share the 2,000,000 INR prize pool

Other Bonuses and Promotions

As well as the IPL quiz, there are several other promotions and bonuses to be aware of at Sportsbet.io. These will be useful for betting on cricket or any other sports. The appeal of them will depend on your betting style, but it’s an encouraging sign that so many are available to all customers, not just new ones.

Multi Master

This is a weekly prediction contest. The betting site select 15 matches – usually football – and users can pick who they think will win each one. There’s a 3,000 mBTC prize for those who can correctly pick them all.

It’s important to opt in from the promotion page before placing your bet of at least 80 INR to be eligible. The bet must include each of the 15 specified events.

Predicting 15 football matches is no easy task. However, there is a consolation prize of 300 mBTC also available if no entrant manages to get them all correct. The prizes will be split in the event of multiple winners on any game week.

Price Boost

Getting bigger odds is positive for bettors. Sportsbet.io have a promotion that allows customers to select one outcome a day and boost the price on it. It’s available once every 24 hours and resets each day.

Sportsbet IO price boost promotion

This can be a single bet, or a single leg in a multiple such as an accumulator. Either way, the overall potential winnings will go up once this is applied. These bets won’t be available for cash out because of the increase in original odds.

Joy of Multis

Accumulators of five or more legs that lose by a single selection are eligible for a free bet. The value will match the original stake of the multi, up to 25 mBTC. This offer is available once every 24 hours and there’s no need to opt in.

To add this to your bet, select “Apply Multi Insurance” in the bet slip. This will ensure the free bet is automatically credited if your accumulator misses by one leg.

Sportsbet IO Multi Master Promotion

Multi Bet Multiplier

Customers backing accumulators can also take advantage of the multi bet multiplier. This sees the overall odds increased when you place a bet with five or more legs. The percentage increases the more legs there are, up to a 12-fold which triggers the maximum 20% boost.

Here’s how the percentage increases the more legs there are:

  • 5 legs – 7% boost
  • 6 legs – 8% boost
  • 7-12 legs – An additional 2% boost per leg, up to 20% for 12-folds.

To qualify for this, each leg must have minimum odds of 1.30. The maximum stake available to boost is 130 mBTC.

Safety and Security

Bettors can be assured of a safe and secure betting environment with Sportsbet.io. Secure Socket Layer (SSL) technology is in place on the website. This ensures that any information or data passed between a customer and the site stays secure.

Although this is standard practice across the online gaming world these days, it’s good to see that it’s operating in this instance too. As a bookmaker with their focus on cryptocurrency, ensuring customers’ data remains secure, especially during financial transactions, is clearly important.

What Licence Do They Hold?

Sportsbet.io is fully licenced by the Curacao eGaming Authority. This enables them to offer legal betting in India and several other countries around the world.

In order to obtain this licence, betting sites must demonstrate their trustworthiness in several areas including providing a fair and honest gaming service.

Payment Methods – A Focus on Cryptocurrency

Sportsbet.io is a betting site focused on wagering using cryptocurrency in India. These are relatively new payment methods that have grown in popularity in recent years.

Not least after India’s Central Bank clarified that commercial institutions could freely offer their services to those trading in Bitcoin and other cryptocurrencies. That means players can bet with confidence using them as their stake.

Customers who want to bet in Bitcoin or similar currency will need access to a separate online wallet to store their digital funds. This can then be connected with your Sportsbet.io account for deposits and withdrawals.

Transactions are made instantly, saving time compared to many other deposit methods available with online betting sites.

The range of coins available to deposit into your account is the widest on the market. They include:

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Tron (TRX)
  • Ripple (XRP)
  • Allsportscoin (SOC)

Players select their primary choice of deposit method when opening an account, although this can be updated if you want to switch between different payment methods.

How to Deposit via Cryptocurrency

  1. Open a crypto wallet if you don’t already have one. Popular choices include BitPay Wallet, Trust Wallet or Bitcoin.com Wallet.
  2. Buy bitcoin or another cryptocurrency
  3. Deposit funds using the QR code or your unique Sportsbet.io wallet address
  4. The deposit should be completed instantly
  5. Begin betting on your favourite sports in BTC or another cryptocurrency

Other Choices include Skrill, Neteller, and MuchBetter

As well as plenty of crypto options, there are many of the most popular, traditional deposit options available too. E-wallets such as Skrill, Neteller, ecoPayz, and MuchBetter are common choices when betting in India.

Overall, the choice of payment methods at Sportsbet.io is one of the best on the market. Here’s a look at what’s available:

Payment Method Minimum Deposit Minimum Withdrawal
Bitcoin (BTC) BTC 0.001 = mBTC 1.00 BTC 0.002 = mBTC 2.00
Litecoin (LTC) LTC 0.1 LTC 0.2
Ethereum (ETH) ETH 0.01 ETH 0.02
Tether (USDT) USDT 10.00 USDT 20.00
Tron (TRX) TRX 100.00 TRX 200.00
Ripple (XRP) XRP 50.00 XRP 100.00
Allsportscoin (SOC) SOC 100.00 SOC 200.00
Visa/Mastercard ₹800 ₹1600
Skrill ₹800 ₹1600
Neteller ₹800 ₹1600
ecoPayz ₹800 ₹1600
MuchBetter ₹100 ₹1600

Rapid Withdrawals

One of the main advantages of betting with cryptocurrencies like Bitcoin is the speed at which winnings can be back in your online wallet. Withdrawals can be completed in as little as four minutes at Sportsbet.io.

This is very fast, especially compared to waiting times of several days when using traditional banking methods such as debit cards and some e-wallets.

Cricket Odds

The range of cricket odds available is wide-ranging, an encouraging sign regardless of how experienced you are.

The average pre-game IPL offering consists of 64 different betting markets. While this isn’t the biggest selection on the market, it makes Sportsbet.io one of the leading Indian betting sites.

Sportsbet IO Cricket Betting IPL Odds

Each of the most popular betting markets was well covered, as well as some more obscure options. This applies whether you’re backing who will win the match, score the most runs or how many boundaries there will be. There are also dozens of futures odds priced well ahead of each series or tournament getting underway.

At the time of writing, odds were available for the following tournaments:

  • Indian Premier League
  • Big Bash League
  • Pakistan National Cup
  • Cricket World Cup
  • T20 World Cup

BetBuilder is Available on Cricket Odds

One of the unique features that Sportsbet.io currently offers is BetBuilder. This allows bets from a single match to be combined into an accumulator.

This has become very popular with many major European sportsbooks but it’s usually restricted to other sports such as football. This the first instance we’ve seen of it in use on cricket odds. It’s certainly a reason to consider using Sportsbet.io if you’re a fan of cricket accumulators.

Some of the markets on offer include:

  • Player to score 10+ runs
  • Match result
  • Player to take a wicket
  • How many runs will be scored in the match
  • Player to hit a four or six
  • Team to hit the most sixes or fours

Competitive Odds on Cricket

Sportsbet.io’s odds are competitive. They are operating at a similar margin compared to the competition. Not every match will have the same “house edge” built-in but understanding how much is being added to the potential outcomes of big events is a good guide.

Given that there is a daily price boost available too, these odds can be improved even further.

Here’s how the regular odds compare to several other betting sites in India.

Bookmaker Margin % for CSK vs RCB (IPL 2020)
bet365 5.56%
888Sport 5.93%
Sportsbet.io 6.18%
LeoVegas 6.98%
FunBet 8.75%

Low Minimum Bets

Currency Minimum Bet
Indian rupees 5.00 INR
Bitcoin mBTC 0.01
Ethereum ETH 0.01
Litecoin LTC 0.01
Tether USDT 0.07
Tron TRX 10.00
Ripple XRP 1.00
Allsportscoin SOC 10.00
Euro 0.07 EUR

Live Cricket Odds

The range of live odds was impressive. During several live matches from the IPL there were over 20 different markets to pick from. On top of this, there were several betting options with a big selection of outcomes.

Sportsbet IO IPL Live Betting Odds

For example, instead of offering just one line on the number of runs in the first six overs of an Indian Premier League match, there were three different lines, each with the option to back over or under the current number. This allows bettors even more control over their picks.

The choice of odds will reduce when a wicket is taken, but this is to allow the prices to be adjusted. Each of the markets will re-appear in a few seconds so there are minimal delays in placing any bets.

Scorecards and Ball-by-ball Tracker

As well as the latest odds, Sportsbet.io have a ball-by-ball tracker that shows what’s happening on the pitch at any given point.

This forms part of a scorecard that includes which batsman are at the crease, the bowler and the current score. Although not a revolutionary addition, it’s a useful tool if you’re betting in-play.

No Mobile App For Now

At the moment there is no dedicated app for either Android or iOS.

Given how popular mobile betting has become, it would be a big improvement if a native app was released, especially for Android devices that dominate the market in India.

The Mobile Website Is a Good Alternative

Although there’s not a specific Sportsbet.io app yet, it’s still easy enough to place bets on your smartphone or tablet. The mobile version of the website is optimised well for smaller screens.

Navigation is simple and finding different markets is straightforward. Although not a perfect solution, this is a fair alternative. All the usual desktop features and offers are available on mobile too.

Loyalty Scheme – The Clubhouse

The Clubhouse is the loyalty scheme available to all customers, including those in India.

This is one of the most honest and open programs on the market.

There are 7 tiers of the membership program. The more you wager, the better the benefits. Players can earn points based on their sports betting and casino play. Every bet, spin and hand will contribute to the total.

The levels are as follows:

  • Steel
  • Bronze
  • Silver
  • Gold
  • Platinum
  • Titanium
  • Diamond

You can track your progress in real-time, which is a useful tool. Reaching higher levels also trigger points multipliers which allow players to rise through the ranks more quickly the more they play. Points reset on the first of each month.

Benefits

Once rewards are unlocked, players can choose the benefit they want. These include:

  • Free bets on sports events
  • Free spins on slots
  • Cashback
  • Free hands for casino games

How to Earn Loyalty Points

Points are earned using the following formula:

  • Sports points: 15 x valid stake x tier points multiplier
  • Casino points: 1 Euro = 5 points x points multiplier

VIP Scheme

Unlike the loyalty program, information on Sportsbet.io’s VIP scheme isn’t made publically available. The site advises that players will be invited if and when they reach a certain level of play.

This isn’t unusual. Many online betting sites have these programs in place but don’t disclose the level at which they come into play. Some of the benefits include a VIP account manager, invites to exclusive events, and personalised offers or promotions.

If more information becomes available, we’ll be sure to update our review accordingly.

Customer Support

There are a couple of ways to contact Sportsbet.io customer support. Live chat is available 24/7 and should be the first option in case of any queries.

Email support is also an option although response times will likely be slower than a live chat agent can provide.

At the moment there is no telephone number listed for customer inquiries. This isn’t usual for online betting sites. Usually, a good live chat service combined with email support and FAQ section is robust enough for all issues to be resolved.

Live Chat is only Available Once Logged In

During our review process, we found that it’s only possible to contact live chat once you’re logged in. This is somewhat unusual for a betting site in India. Many of them have this service available before signing up.

Once logged in, no agents were available at the first attempt. Although it’s good to see that a live chat option is available, this is an area where Sportsbet IO can improve.

Summary

Sportsbet.io is a market leader for those looking to bet in Bitcoin or other cryptocurrencies. Betting in rupees is available though, including all major e-wallets. Although there’s no welcome bonus, they do have a series of promotions and offers for existing players.

These include a market-leading IPL prediction quiz with a 2,000,000 INR prize pool. The cricket odds are highly competitive with a good selection of markets, especially for top competitions. A mobile app for Android would be a big step forward but they remain a worthwhile cricket betting site to consider for Indian players.

Pros
Bonuses and offers for existing customers
A trusted online betting site with years of experience
IPL Quiz with a huge jackpot
Good choice of cricket betting markets
Unique BetBuilder odds for cricket
A betting site focused on Bitcoin and other cryptocurrencies
Betting offered in Indian rupees
Fast withdrawals
Cons
No welcome bonus available
Live chat only accessible once logged in
Live chat service slow to respond
No mobile app for Android or iOS

Sportsbet.io - Frequently Asked Questions

OPEN / CLOSE ALL
Is Sportsbet IO Legit?

Yes. Sportsbet.io holds a licence from Curacao eGaming. This ensures that they offer a high standard of sports betting, online casino, and live casino services in several regions including India.

How do I place a Bitcoin bet online?

Betting with Bitcoin is easy with Sportsbet.io. You can deposit using a number of cryptocurrencies via the QR code or the wallet address on your betting account.

Do Sportsbet.io accept Indian players?

Yes, customers from India are welcome. There are also specific promotions for Indian players including an IPL quiz with a 2,000,000 INR jackpot.

Does Sportsbet.io accept Indian rupees?

Although focused on crypto, many popular currencies are available too. These include Indian rupees, US dollars, and Euros.

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Jim
Jim is a cricket fanatic with a decade of experience in the iGaming industry. He is a real sports nerd and since falling in love with betting while at University he has combined his passions. He strives to provide sports fans and gamblers alike with the most insightful, accurate analysis possible.