Betcoin Review in India
100% Deposit Bonus up to 1 BTC (1,000 credits) + 1 free spin
- Website: www.betcoin.ag
- Available Sports : Cricket, American Football, Basketball, and Boxing
- Deposit and Withdrawal Methods : Cryptocurrencies like Bitcoin, Litecoin, and Ethereum
- Acceptance : Accepts Indian players
- Betting Functions : Live betting
- Apps : The site is mobile-optimized
- Support : 24/7 live chat
- License : Curacao eGaming
Betcoin is quite a new sportsbook compared to other sports betting sites that accept Indian punters. However, it is not that new when it comes to providing services Indian punters will surely love. It started in the industry in 2013 but originally appealed to the North American markets. Betcoin eventually expanded its services and began opening its doors to the Asian market, including Indian punters. It established a name for itself as a betting site that uses state-of-the-art software and a visually appealing interface. Although it operates online, it has a physical location in Costa Rica, but the server is located in Amsterdam. The people behind Betcoin have 16 years of experience in the industry, including fiat-based sportsbooks. Should you wish to find out more information about Betcoin, you are in the right place. We will tackle Betcoin and everything you need to know about it.
Fact-checked & Updated on 14th June 2022 by Ushan Arya Industry Researcher.
Published on 12th Feburary 2022.
Bonuses & Promotions
Deposit & Withdrawal methods
Betcoin Bonus & Promotions
Although Betcoin does not offer many bonuses and promotions when compared with other sports betting sites, it made sure that it offers something that Indian punters love. First-time depositors, who made at least 5.0 BTC, will receive 1.0 BTC. You have to roll over the bonus amount 3x, but certain requirements have to be met. You have to wager in 20x, and at least 10 of these wagers are done in the sportsbook section. Please note that even if you deposit more than 5 BTC, you will still receive the same amount of bonus, which is 1. BTC. Although it is a let-down to some, there are things to be delighted to do, such as the overall rollover, which is 3x. For instance, if you deposit 5 BTC and the bonus of 1 BTC, you will have a total rollover amount of 18 BTC. It is pretty much of a generous rollover requirement, especially if you compare it with other sports betting sites.
Betcoin Pros & Cons
- It is a sports betting site dedicated to bitcoin lovers.
- It offers a quick banking option.
- It has an impressive selection of sports to place a bet on.
- It is better betting limits when compared to the sportsbook that accepts bitcoin.
- It has excellent rollover terms.
- It only accepts bitcoins.
- It is quite new in the industry when compared to other sportsbooks.
- It only offers a max wining of 5 BTC per wager.
- An email address is needed when creating an account.
- The mobile version is not as visually appealing as the web version.
- You have to contact the customer support department first before the bonus is activated.
- The bonuses only apply to the web version. You can enjoy the bonus when using the mobile version.
Betcoin Cricket Odds
The sports betting selection is not as vast as the ones offered by other older sportsbooks, but you will find the largest markets, including the most used betting options. It focuses more on sports popular in North America, but it also takes into consideration other markets. It also has the best live betting platform for bitcoin sports punters. It offers the most advanced wagering platform. Betcoin also offers live betting not only for cricket but also for other sports such as basketball, baseball, and handball. However, it does not offer live betting for horse racing.
When betting, you have to keep in mind the wagering limits. The minimum wagering requirement is $5, which is equivalent to 0.005 BTC. Unfortunately, Betcoin does not offer liquidity to offer over 1 BTC. However, you have to remember that no wager can be placed in a potential winning of more than 5 BTC.
Betcoin General Terms and Conditions
✅ You should be at least 18 years old to be eligible to create an account with Betcoin.
✅ There is a minimum deposit of 0.1 MBTC.
✅ There is no maximum deposit limit.
✅ The minimum withdrawal is 0.0005 BTC.
✅ There is no maximum cashout limit.
✅ The player must pass the verification process first before the bonus is activated. It is a way for Betcoin to prevent account fraud.
✅ If the player won 3 BTC or more, the payout could be divided into ten installments during the ten months.
✅ If the game already started but for some reason got miscarried, Betcoin will refund the wagered money in the game.
✅ When making a request for self-exclusion, you only have three months to send a request to unblock your account. Failure to do so would result in a permanent shut down of your Betcoin account.
✅ In the event that Betcoin decides to terminate your account because of fraudulent activities, whatever amount remains in your account will be held by Betcoin. In addition, it will inform the regulatory commission about your behavior.
Universal Sports Dollars
Betcoin has a special feature called Universal Sports Dollars, wherein players can convert bitcoin into their own virtual currency. It is a betting credit based on the amount of bitcoin available in the player’s account. For example, the rate is 1 BTC equates to 1,000 Universal Sports Dollars. By accruing these points, players can slowly unlock the deposit bonus.
Betcoin has an impressive VIP Program. There are over three dozen tiers with exciting reward levels. For every bet placed by the player, he will earn a corresponding point. The rewards increase as the player progresses through the level. Some of the rewards available include surprise boxes, bet-backs, and loss-backs. Higher levels may take some time to reach, but you will surely enjoy elite rewards like 2% back on the total wagered amount, and 20% losses return. It is a big help, especially if you are a high roller. If you are someone who is looking for a great VIP Program, head over to Betcoin, and you will not be disappointed.
Betcoin has a wide selection of team propositions for live betting. Although it does not have a reduced juice market for many sports, it does offer football, basketball, and cricket. It has an impressive wagering menu not only for cricket but for a wide array of games. Your obvious choices would be propositions, alternate lines, and futures markets for odds. It is not much when compared to other sports betting sites, but it is planning to add other wager types.
More Betcoin Betting Selection
If you are looking for a betting market other than cricket, rest assured that Betcoin does not fall short with betting market selections. Some of the betting selections available include the following:
🏈 American football
🏓 Table tennis
🏒 Ice hockey
🥋 Mixed martial arts
🤽 Water polo
🕹️ eSports like Dota 2, Counter Strike, ESport League of Legends, Cal of Duty, Rainbow Six, Esports Overwatch, and Star Craft
How to Sign-Up on Betcoin?
Creating an account with Betcoin is easy. It only takes a few clicks to have your account set up and functional. The moment you visit the official Betcoin site, you will see the link for registration on the homepage. You have to key in your email address before you are taken to the registration page. You will be asked to set up a unique username and password. Keep in mind that you will not be allowed to sign up for an account if you are below 18 years old. Once your account is set up, you can proceed with funding your Betcoin account.
How to Deposit funds on Betcoin?
Funding your account with Betcoin is easy peasy. The following steps have to be followed:
- Log in to your Betcoin account.
- You will receive a unique deposit address and your preferred cryptocurrency type.
- Create a cryptocurrency wallet.
- Purchase bitcoins to fund your cryptocurrency wallet.
- Your deposit address will show up in the dashboard section of your gaming account.
- The deposit address is used to send bitcoin from your crypto wallet to your gaming account.
- Confirm your fund transfer, and the bitcoin you deposited will automatically reflect in your account.
- You can now proceed with betting using cryptocurrency.
Keep in mind that when you sign up for an account with BetCoin, you will have a unique deposit address, and all your deposits will be directed from there. You will need a single blockchain confirmation with this process, and you can proceed with playing.
How to Withdraw funds from Betcoin?
When it comes to withdrawing funds from your Betcoin account, you will not have any problem because Betcoin processes your withdrawal request in just a few minutes, but it processes withdrawal requests every 10 AM to 10 PM Eastern Time. If you happen to send your withdrawal request during off-hours, the processing will take longer than usual, which could take up to 8 hours.
While there is no maximum cashout amount, you have to keep in mind that there is a minimum cashout amount, which is .0005 BTC. However, if you won 3 BTC or more, the payout can be divided into ten installments of 10% each every month until the amount is paid in full. More so, currency exchange is not possible in Betcoin. Therefore, you have to be certain that the currency you use during deposit is the same as the one you are going to use when withdrawing your winning.
The withdrawal process includes the following steps:
- Log in to your Betcoin account.
- Go to the wallet section.
- Click the “withdraw” button and choose your preferred currency.
- Enter the amount you want to withdraw (MBTC/Chips).
- Confirm and submit your withdrawal request.
Frequently Asked Questions
Is Betcoin a trusted site?
What are the safety and security measures used by Betcoin?
How can I delete my Betcoin account?
How can I contact the customer support team?
Betcoin has grown into one of the preferred bitcoin betting sites since its inception in 2013. It stays on par with state-of-the-art development and updates on cryptocurrency. As of the moment, it supports a total of nine types of cryptocurrency. Although it is not as old as other sports betting sites, it does not fall short in offering the kind of gaming experience that seasoned Indian punters want. If you are a cryptocurrency enthusiast such as bitcoin, you will surely enjoy your time in Betcoin. Although it does have areas needing improvement, one thing is for sure; it continues to improve to achieve its goal of becoming the one-stop-destination for bitcoin sports bettors.