As Bitcoin rapidly becomes one of the most common payment methods in the online gambling industry, a constantly increasing number of Bitcoin-powered casinos and sportsbooks are being launched. For this reason, it is essential that each new site to join the Bitcoin gambling scene is of an extremely high standard if it wants to stand out from the crowd.
The team behind Powerbet is clearly well aware of this since they have launched a site which is a fierce competition to all of its rivals. The first thing new players are sure to notice about Powerbet is that it has one of the biggest sporting event selections of any sportsbook. Powered by a Swissbet platform, Powerbet was only launched in 2016 but has already shot to the top of many players’ favorite Bitcoin betting sites.
Powerbet only has two promotions at present, but they are both impressive enough to entice new members to join.
The welcome bonus rewards players with a 100% match on their first deposit up to a maximum of 200mBTC. This bonus is paid automatically, without requiring customers to fulfil any tasks. There is, however, a 6x wagering requirement attached to the bonus which must be played through before funds can be withdrawn.
The other ongoing offer at Powerbet is the parlay bonus. A parlay bet, also known as a combo or accumulator, links together two or more wagers. This is a high-risk, high-paying style of bet which is more difficult to hit but pays out much bigger prizes than a single bet. Players brave enough to place four or more bets on a single wager are rewarded heavily at Powerbet thanks to the parlay bonus which adds up to 50% additional credit to the winning payout.
If any problems arise during a player’s time with Powerbet there are two main ways to contact the helpful team of knowledgeable support staff. The options are to send an email to the email address found in the site’s contact details section, or send a message using the pop-up email form at the bottom of the page. It usually takes around 24 hours to receive a reply. The site would definitely benefit from a more direct way to seek support, such as a live-chat dialogue box.
The fact that Powerbet is powered by the reputable Swissbet platform is the first indicator that this is a trustworthy place to play. A disclaimer on the FAQ page of the site informs customers that all personal information and other sensitive data is stored in a private database which is protected by state-of-the-art firewall software and SSL 128-bit encryption. Upon signing up for an account with Powerbet, players are required to submit only their email address and date of birth.
Restricted countries at Powerbet
This bitcoin site has no restricted countries. Get started!
Pros and Cons of Playing at Powerbet
- Easy to use
- Powered by the trusted Swissbet platform
- Supports both in-play and pre-match betting
- Relatively few sports to bet on
- No live-chat feature
- Not many promotions
Powerbet Sportsbook Review
Powerbet boasts an extensive sportsbook and a wealth of events from just about every important league in the most popular sports around. In fact, more than 10,000 live sporting events are hosted here every month. Of course, the most common sports can be bet on, such as football, boxing, basketball, tennis and Formula 1 racing, but the in-play section of the site also supports more obscure options including handball, sailing, netball, and pesapallo to name just a few.
The only focus of Powerbet is Bitcoin sports betting. There are two choices when it comes to placing bets in this full sportsbook. The first option is to place a pre-match bet which will be closed off a few hours before the event kicks off. Alternatively, there is in-play betting which allows players to place their bets as the game unfold. Powerbet’s betting platform supports both of these options extremely well and, as mentioned previously, offers one of the fullest sporting event calendars to be found anywhere online – especially in Bitcoin sports betting. All players have to do is decide which of the two betting options they wish to play with and search under the Sports tab for the upcoming events.
Powerbet is the place to be for straightforward, stress-free sports betting. The interface of the site is easy to navigate and extremely user-friendly both on mobile and desktop. Since Powerbet is so newly released, there are aspects which could use improvement – mainly the support options and the lack of promotions. However, the pros definitely outweigh the cons here and Powerbet is expected to become one of the major names in the Bitcoin sportsbook industry.