We evaluate bitcoin sportsbooks on a number of objective pre-defined criteria. We keep personal opinion to a minimum and use measurable and verifiable facts as much as possible.
Here are the criteria we score sportsbooks on, a definition of 10/10 performance and examples of things that would cause a sportsbook to lose points.
Ease of use
User interface and user experience elements such as
- Intuitive design.
- Clear navigation.
- Layout and clarity of things like betting history and account settings.
- Site speed.
A 10/10 sportsbook has easy navigation, logical layout, intuitive settings, is easy to bet on and loads in under 3 seconds. We test all of this on desktop and mobile.
Points are lost for things like intrusive casino adds, your preferences not being remembered, disorganized lists of markets, confusing bet slips and page load times over 5 seconds.
10/10 is given to whichever bitcoin sportsbook has the best odds. Other sportsbooks lose 1 point for every full % of overround they have above the sportsbook with the best odds.
For example, at the moment
Nitrogen Sports has the best odds of any sportsbook with a 3.68% overround.
Nitrogen receive 10/10.
Cloudbet has 6.12% overround (2 full % more than Nitrogen).
Cloudbet receive 8/10 (2 points less than Nitrogen).
Range of bets
There are 2 elements in this rating
- The range of sports, leagues and events available to bet on.
- The range of different bet types and betting markets available per event.
A 10/10 sportsbook offers odds on everything from water polo to chess and horse racing. They offer dozens of different bet types from first player to score a 3 pointer in a basketball game to how many corners each team will take in the second half of a soccer game.
This score considers live betting specific features like live scores, video streams and cashout buttons to automatically trade out of all bets on an market with the same profit/loss on all possible outcomes.
This score has a big focus on how reliable and bug free a sportsbook’s live betting availability and features are.
There are 3 transaction types we look at
- Is it possible to generate a new address for every deposit?
- Number of confirmations you have to wait before you can bet.
- Wait time.
- Player to player transfers.
A 10/10 sportsbook provides deposits, withdrawals and player to player transfers for any amount instantly with 0 confirmation betting available.
Sportsbooks lose points
- Confirmations a deposit needs before you can bet with it.
- Not-instant withdrawals.
- If there is no way to generate a new address for every transaction.
- If there is no player to player transfer available.
There are 3 elements to this rating
- What channels customer service is available though.
- The speed of replies from customer service.
- The accuracy of replies from customer service.
A 10/10 sportsbook has 24/7 live chat support with operators who are knowledgeable about bitcoin sports betting and their sportsbook. Email customer service answers question in less than an hour, with the correct information. Customer service is also offered via social media.
Points are lost by things like slow response time to emails, undertrained staff and only having 1 method of contact available.
Privacy, security and transparency
There are 3 main elements to this rating
- What information is required at sign up? The less the better.
- Is 2 factor authentication available?
- Are funds verifiable on the blockchain?
A 10/10 sportsbook allows fully anonymous accounts without requiring an email address. 2 factor authentication is available and users have some way to verify their balance and/or the sportsbook’s cold storage wallets on the blockchain.
Sportsbooks lose a point
- For every piece of information they require on signup.
- If 2 factor authentication is not available.
- If there is no funds verification on the blockchain available.
Combines all of the above elements plus things like feedback we have received from real users, fun factor, trustworthiness, positive input to the bitcoin community and if a sportsbook’s bonuses are worth taking.