Coin Gaming launches bitcoin-only sportsbook ahead of Euro 2016

(PRESS RELEASE) -- Coin Gaming, the operator of world-leading bitcoin casino Bitcasino.io, has launched Sportsbet.io, a new bitcoin-only sportsbook, ahead of Euro 2016, providing thousands of betting opportunities on the prestigious soccer tournament.

The new operator has gone live giving bitcoin users an exciting, new option for betting on the largest gambling event of 2016, which is expected to attract the equivalent of at least 1.5m BTC in bets across the gambling industry.

Players signing up for a Sportsbet.io account can enter an exclusive competition to win tickets to matches during the month-long tournament, as well as the final itself.

Licensed in Curacao, Sportsbet.io will provide its players with a dedicated, customized VIP program that features a personal hostess and 24/7 live chat to cater for all their wagering needs.

It will boast over 350,000 pre-match events per year, with a peak of 70,000 events during prime months. Sportsbet.io will also feature a comprehensive live offering with hundreds of 'in-play' markets available on major sports fixtures.

As the partner site of Bitcasino.io, the world's biggest bitcoin casino, Sportsbet.io aims to quickly achieve the same position in the bitcoin sports betting market, says company spokesperson Joe Jordan.

"With Bitcasino.io we are used to being the best and we have high ambitions for Sportsbet.io that will make it the number one bitcoin sports betting destination.

"Bitcasino.io has an average winnings withdrawal time of 2.5 minutes, something that Sportsbet.io plans to replicate. When it can take upwards of 24 hours for some traditional bookmakers to pay out, we believe this will give us real differentiation in the market," said Jordan.

With an estimated two-thirds of bets placed on portable devices, Sportsbet.io has been built mobile-first and offers excellent UX and UI across all platforms.

Players will be able to bet with their own bitcoins, or exchange for local currency on the site, via Sportsbet.io's broker integration with Cubits and Coinify.

"Our focus is not only to offer great odds and promotions – as demonstrated by our competition to win tickets to the final of Euro 2016 – but to excel on the player experience.

"We are providing a personalized VIP program, whereby customers are allocated their own hostess, to provide a tailored service that gives players the level of attention they deserve," said Jordan.

Featuring 24 of Europe's best international soccer teams, Euro 2016 will be broadcast in more than 230 territories around the world, with 150 million spectators expected to follow each game live.