Even though every sport is important for online sports betting operators but soccer has a special place for its popularity around the world and if we are around a big international soccer event, online betting business is expected to increase three fold and this is something that happened during just concluded Euro 2016 which proved to be the biggest popular tourney after the world cup.
Hence, almost every online sportsbook has seen a surge in its business especially online bets placed on the soccer games and its allied odds. Bitcoin sportsbook operator SportsBet.io is one such operator who has enjoyed a hugely successful last month in terms of revenue. Actually, Bitcoin based online sports betting platform was launched just ahead of the Euro 2016 and proving its success in the debut international event itself, it has claimed to be paid out more than €509,800 worth of Bitcoins to players which is a record in itself for any sportsbook offering its services with nontraditional form of money.
As far number of online bets placed using their platform is concerned, they have revealed to have taken 19,000 individual bets which comes to almost a bet after every 27 seconds that hints what the shape of future online sports betting would be. If we look at the remote devices used to place bets, then mobile phones are on top with a 33% bets to its name and it includes the largest single win of 8.6 million Bitcoins via a bet placed on MLB baseball match played between Kansas City Royals and Houston Astros. Talking about the successful month for SportsBet.io, spokesperson Joe Jordan said, “As part of our desire to be an open and transparent Bitcoin sportsbook, we felt it would be nice to share some numbers with the community from our first month of activity.
“As the numbers show, it has been a hugely successful launch for both ourselves and many of our punters who have cashed big wins during Euro 2016.”
While more reactions are still in waiting over the success of bitcoin based online sports betting platform but it is expected to grow even more during upcoming soccer domestic seasons after knowing the acceptance of nontraditional money based online bets.