Nitrobetting is an offshoot from the Nitrogen Group which created the first “Bitcoin only” sportsbook in Nitrogen Sports! As a Bitcoin sportsbook, Nitrobetting looks the same as other sportsbooks, but takes a little bit of getting used to. With Bitcoin becoming more mainstream, depositing and withdrawing with sportsbooks in the Bitcoin currency has become the standard. We will address all of the positives and negatives in this blog.
Depositing Money
Players can deposit directly with BTC, like in the old site, but can also buy crypto with their credit card, or Paypal.
The entire process, from setting up an account to having Bitcoin on the site, took us no more than five minutes. Those who have signed up at other books know that this turnaround is incredible! We were betting in no time!
Limits/Ease of depositing money: 10/10
Betting Interface
New NitroBetting Interface
The newly redesigned interface brings both simplicity and functionality to your betting experience. One standout feature is the enhanced bet slip, which now not only handles BTC betting amounts but also includes a built-in conversion tool. This helps players easily calculate their desired betting amounts without needing to deal with complicated math, making the process smoother and more intuitive.
They have also improved the layout and organization across the site. Information is better distributed, creating a cleaner and more user-friendly experience. The search function has been relocated to a more accessible spot, making it easier than ever to find your games. Whether you’re searching by rotation number, team name, or player, the updated search bar ensures you can quickly and effortlessly locate your desired bets.
The updated look and feel of the page have been designed with speed and simplicity in mind. The goal was to streamline the decision-making process for bettors, reducing any potential confusion. Now, placing a bet is as easy as selecting your team, entering your bet amount in either dollars or mBTC, and clicking “accept bet”—and you’re done! This improved flow ensures a more seamless and enjoyable betting experience.
Look and feel of the betting interface: 8/10
Odds/Bet Limits
One area where the Nitrobetting Sportsbook really picked up their game is here!
Nitrobetting offers a comprehensive range of betting options that cater to all types of bettors, from casual users looking for a bit of entertainment to serious punters seeking more specialized markets. Whether you’re interested in mainstream events like NFL, NBA, and Premier League soccer, or niche markets like darts, eSports, and lower-division football leagues, they’ve got you covered.
Competitive Odds on Major Markets: Nitrobetting’s odds on major markets are designed to be as competitive as, if not better than, the top sportsbooks in the industry. This means you’ll always get a fair deal when betting on popular events. They strive to ensure that our users have access to the latest lines and live odds, giving them the opportunity to place bets with confidence and maximize potential returns. Whether you’re betting on pre-game lines, live in-play markets, or futures, you’ll find consistent value across the board.
Extensive Offerings on Smaller Markets:In addition to major markets, NitroBetting has started in offering an extensive range of smaller or less popular markets. These include up-and-coming sports, lower-tier leagues, and various global events. Many sportsbooks limit their focus to the big names, but Nitrobetting goes beyond that. The aim is to give users the chance to explore a wider array of betting opportunities—perfect for those who enjoy exploring beyond mainstream sports. You might find yourself betting on a rugby match in New Zealand or a volleyball tournament in Brazil!
Bet limits are posted above the offerings
Customization and Transparency: Lastly, NitroBetting believe in transparency when it comes to our odds and bet limits. Everything is clearly displayed, so you know exactly what you’re getting into with each bet. Users can easily track betting lines as they shift, and we even offer customization options, letting users choose between fractional, decimal, or American odds formats based on their preference.
Odds Prices and minimum bet limits: 10/10
Sports Offered
Nitrobetting currently has 15 category offerings to bet. This is subject to change by season as sports are added and removed as bets becomes available.
| Nitrobetting Category Offerings | |||
|---|---|---|---|
| eSports | Tennis | Basketball | Soccer |
| Cricket | Football | Baseball | Golf |
| Hockey | MMA | Boxing | Darts |
| Handball | Rugby | Volleyball | Auto Racing |
| Chess | Badminton | Futsal | Squash |
Although Nitrobetting doesn’t have the coverage of sports that a book like Bovada has, they do have an amazing array of offerings within each sport. Nitrobetting, by far, has the greatest listing of soccer odds that we’ve seen in any sportsbook. They seemingly cover every league and cup match in every country in the world. This may be a slight exaggeration, but it’s unbelievable the amount of coverage that they do have.
We are also very pleased with the availability to buy points and play a variety of alternate lines across every sport. It is very rare to find a sportsbooks that has this much flexibility.
Sports Offerings: 8/10
Mobile Betting
Gambling apps are still not allowed in the Apple Store or Google Play, so we still need to rely on mobile pages to do the trick. With it’s mobile page, Nitrobetting really didn’t put forth their best effort. Though usable, bettors will find the page clunky and a bit difficult to use.
Although the page is styled in the same way that it’s desktop page is, it is much harder to navigate. When a bet is added to the bet slip, the user is left mystified as to where the bet slip is. Certainly, this is something that Nitrobetting sportsbook can improve in the future.
Mobile Betting Platform: 7/10
Payouts
Like all sportsbooks, Nitrobetting requires users to go through several steps before receiving their funds. First, the user must submit a withdrawal request. Then, the request needs to be approved. Finally, the funds are sent, often through a third party. These steps take time, and processing speeds can vary. A top-tier sportsbook may have your money to you within 48 hours, while slower services can take up to six weeks or longer.
Nitrobetting stands out with its fast Bitcoin processing. Withdrawals are nearly instant, with the user only needing to wait for Bitcoin network confirmations. Larger withdrawals may take a bit longer, which is expected, but in our tests of several withdrawals under 0.05 BTC, the funds appeared in our wallet in about 90 minutes (give or take 15 minutes).
However, one downside is that Nitrobetting is no longer an anonymous platform, as it now requires KYC (Know Your Customer) verification. This process is more rigorous than usual, requiring extensive documentation. While payouts are smooth once KYC is complete, getting through the verification process can be a bit of a hassle.
Ease and price of payouts: 7/10
Promotions
The promotion structure for Nitrobetting is significantly different than what we used to see at Nitrogen Sports. Gone are the parlay bonuses and survivor pools and in are the deposit bonuses. Consequently, this puts Nitrobetting more in line with the standard sportsbooks.
The current sportsbooks promotion is a 250% welcome bonus up to $1000. There is a 20X turnover requirement to be able to make a withdrawal.
Offers/Promotions: 7/10
Pros/Cons
Pro: One can reap the benefit of a positive price swing in Bitcoin.
Pro: Great variety of sports and props to place bets.
Pro: Amazingly speedy deposits and withdrawals.
Pro: Pretty cool and interesting new rewards program.
Con: One is at risk of a negative price swing in Bitcoin.
Con: One needs to be a little computer savvy to understand and use Bitcoin.
Con: No longer an anonymous book.
Con: Payouts require a long and detailed KYC process.
Updates
The original posting of this blog was on July 25th, 2017.
11/30/2017: Added a few notes on payouts and the price of BTC.
3/7/2018: Added some additional commentary on the betting interface. Included information on the Nitrogen Sports Casino.
6/1/2022: Converted the review from Nitrogen Sports to Nitrobetting as Nitrogen Sports is no longer accepting new bettors and it’s part of the same group.
9/4/2024: Many changes as the sportsbook has rebranded a bit.
Conclusion
As noted in the pros/cons, there is an extra element of suspense when betting with bitcoin. The price of Bitcoin is all over the place and there is really nothing to make us believe that this trend won’t continue. Since we first published this article in July of 2017, the price of Bitcoin has gone up 1200%! In essence, one could call it the bet within the bet (i.e. betting sports, while betting on the price of Bitcoin at the same time!). While this can be a bit of a roller coaster, it can also add an element of fun. If you, the reader, are still uncomfortable with using Bitcoin then we would suggest the Bovada Sportsbook, or you can do research with our review on Bovada here.
Overall, the Nitrobetting Sportsbook has made a solid name for themselves in the community. For a user that wishes to keep their anonymity, there is no question that this is the sportsbook for you.
To sign up at Nitrobetting: Join Nitrobetting