Hi folks,
I'd like to let you know about our new Bitcoin sports betting site
www.blockbet.net and invite you to try out sports betting with us.
We've been working really hard on the site these past few weeks and while there's still a lot of work to be done, I'm happy to say that betting works as intended, and while the interface isn't anything fancy, it should at least be clear and simple to use. We update our selections and odds many times per day, as well as handle payouts quickly.
We don't ask our customers to register, and we're not interested in holding on to their bitcoins. You make a bet using the easy to understand form, pay your bet to the provided address, and if your bet wins you get paid directly to your (or any) Bitcoin wallet. I believe that our betting odds are quite fair in comparison to many other sportsbooks around the Internet and competition can only be good for the industry.
At the moment we have NBA, NFL and NHL games and European football leagues, as well as international competitions. I know there's a lot of suspicion towards new Bitcoin businesses, so people feel free to start betting at 0.001 BTC to see how it works and never bet any more than you can afford to. I hope you guys take a moment to have a look around the site, and we would definitely love to hear your feedback through the Contact Us form or this forum.
There are a lot of Americans on this forum, are you familiar with the decimal odds that we use? It's very simple, you just multiply your bet with your odds to get your possible winnings, like 3 BTC * 2.10 = 6.30 BTC. You should also note that we always list the home team first, this is so that we have a universal system that applies to all games on the site.
We're open to requests about which leagues you would like to see, but at the moment we're focused on bringing you all the games from the biggest leagues around the world. We want to establish the core functionality first and then slowly add features without breaking anything, so stay tuned for updates and if you have any ideas they're more than welcome!
I'm here to answer your questions and talk about whatever. We hope that you like our site and we're very excited to be taking your bets!
-Paul from
BlockBet.net[edit] Update April 21, 2013:Alright guys, I think the time time has come for me to retire Blockbet. Obviously with the NBA and NHL heading into the playoffs and soccer leagues with their summer breaks, there will be less games to cover over the summer, and I've made nothing but losses on baseball up to this point.
It's been a great experience and a lot of fun, but it's also been a full-time job with no days off, so a small break from everything will be welcome. Also the sportsbook game is a lot more crowded than it used to be, and let's face it, some of these new guys can offer more features than we do. I knew from the start that it won't take too long for guys with more technical knowledge and more time to invest to come along, and I wish nothing but good luck for them. The sportsbooks offerings are now a lot stronger that what they used to be, and I'm glad to have been a part of that process.
I'm gonna stay involved with Bitcoin, I have a lot of faith in the currency. I also have a couple of other ideas that I want to work on, and I can't do that with Blockbet taking so much of my time at the moment. Hopefully one of those ideas will some day become bigger than what Blockbet could ever dream of being!
I'll get to work on payouts from yesterday in a moment. Outstanding NBA bets (playoff series starting later today) will be returned. After that I'll probably shut down the site (server rent is almost finished anyway) and lock the thread.
It's been a crazy ride with a lot of ups and downs, peaks and valleys, and a valuable learning process. So with that, I want to thank everybody for their support. Thanks for playing!
-Paul
Update: Site is now closed. Thank you for your support.