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Many fans of Bitcoin, the anonymous digital currency, may not have fully grasped the importance of Bookmaker.eu announcing its new Bitcoin sportsbook platform this past week. To say this is the biggest news related to the marriage of Bitcoin and online gambling would be an understatement.
Bookmaker, for those who don’t know, is the oldest established sportsbook catering to the North American sports bettor. Bookmaker was established in 1986. It is also the largest of the sportsbooks in terms of bet amounts taken and the biggest employer of all online sportsbooks outside of Europe.
"This is an important miliestone for Bitcoin and its exposure in the world of online gambling," noted Payton O'Brien, Senior Editor of the Gambling911.com website.
"Our customers have been asking to use Bitcoin, and we’re happy to deliver this easy payment processing option," stated a spokesperson for Bookmaker. "The fact that we’re bringing it in time for this exciting Super Bowl isjust an added bonus."
Bitcoin is a peer-to-peer payment system and virtual currency that originally debuted in 2009, growing exponentially ever since.
Note that Bitcoin deposits are immediately converted to US dollars and available for real money betting. You can find the option in the cashier section of their site. The minimum for a deposit is $50 and there is a $10,000 maximum per transaction with a $25,000 daily limit. Withdrawals have a $50 minimum and a $50,000 monthly limit.
When the Super Bowl is over, Bookmaker.eu is switching its attention to its online poker section with the $1,000,000 Winning Millions on February 22nd (3pm ET). This is the first million dollar prize pool offered to U.S.players in almost four years.
- Chris Costigan, Gambling911.com Publisher
