Mbitcasino eSports Review
Mbit Casino is a Bitcoin-only online betting platform. Although the site is fairly new (established in 2014), it quickly became one of the premier online Bitcoin casinos with a high-ranking online presence. Mbit is operated by Direx N.V., a company registered and regulated by the government of Curacao, with registration number 131879 and address Wilhelminalaan 13, Willemstad, Curacao. The company doesn’t have many social media accounts, only Twitter and Facebook.
Mbit offers both classic betting and betting on live matches. Mbit’s gambling platform exists for less than three years, but it was recently revamped to improve its look and feel, optimize it for mobile devices, and generally, give Mbit a better foothold in the eSports betting industry. The new website can be found here.
Although Mbit is licensed and regulated, some customers have reported that the betting platform canceled their winning bets. Also, some players were required to verify their identity before claiming their money. Some claim that Mbit Casino has been running games stolen from Net Entertainment, but there are no proofs to support those claims.
eSports Betting Experience at Mbit
Mbit currently supports eSports betting for the following games:
- Dota 2
- Counterstrike: Global Offensive
- League of Legends
- Heroes of the Storm
When it comes to the interface – the site is very responsive and fairly easy to navigate. Its registration process is quick and requires only a username, email, and password to get started.
The online platform for eSports on Mbit Casino was launched along with an improved sportsbook in 2017, in response to demand from players hoping to bet on eSports with Bitcoin. A cashout option exists for live games, and there’s a mobile version of the site for players who prefer to gamble using a smartphone or tablet. Mbit’s entire user experience is significantly improved over the previous version, especially in the realm of eSports, offering users new gambling opportunities with Bitcoin.
Deposits and withdrawals are processed directly on the site. The main currency used on the site is Bitcoin, but the payments are made in mBTC, which is 1/1000 of a Bitcoin (in other words, 1,000 mBTC = 1 BTC). If a player has no Bitcoins to deposit, a partner website can be used to obtain bitcoins. The time it takes to confirm a Bitcoin deposit varies from about half an hour for larger deposits to almost instantly for smaller amounts.
Partner sites which allow placing deposits on Mbit platform include:
- Sofort Banking
Withdrawals can be made only with Bitcoin, the player needs to simply enter address and specify withdrawal amount. All withdrawals from the site require confirmation from the staff. It’s worth mentioning that Mbit maintains separate account balances for deposits and bonuses – the bonuses will only come into play when the Bitcoin balance of the player’s account has been depleted.
Mbit offers the following bonuses:
- Welcome bonus or first deposit bonus of 110%, up to 1 BTC
- Second deposit bonus of 50%, up to 1 BTC
- Third deposit bonus of 25%, up to 1 BTC
- Cashback bonus on Thursdays, 20% bonus for up to 1 BTC
- Reload bonus for deposits on Monday, 25% bonus for up to 250 mBTC.
The bonuses listed above can be cashed but must be wagered 35 times every month so that they don’t expire. Bonuses can only be redeemed by contacting the Mbit Casino staff via online chat – there is no automatic option for receiving the bonuses.
VIP rewards exist for players who use reload bonuses. The VIP reward is offered through email once the player meets the necessary requirements.
Security and Anonymity
The betting platform protects its users with 128-bit SSL encryption on the website. This gives it an edge in the security department. Also, since Mbit only uses Bitcoin, the site doesn’t require the user to input any credit card or bank information. The company provides better anonymity protection than other betting sites that require extensive account information for bank verification and user registration purposes. Also, two-factor authentication is available for those who are looking for extra protection for their accounts.
Mbit casino uses Betsoft and Play’n’GO platforms, which are audited by third parties to test whether they meet reliability and fairness standards. Although this is no guarantee of the fairness of the games on the site and applies more to the gaming side of the site than the eSports side, it does suggest that Mbit has credibility as an overall secure online platform.
Mbit registration requires only a username, email address, and password. This makes it one of the more anonymous options for online bettors. Since Mbit doesn’t collect personal information, there is no risk of the security of addresses, phone numbers, or other identity-related information being compromised. Furthermore, Mbit doesn’t require verification, which may benefits users in certain circumstances.
The casino offers customer support exclusively through a live chat option on the website. The chat is constantly active and users have found staff to be very responsive. Although the site lacks email or phone contact options, the omnipresence of its live chat means that it’s easy for a user to get questions answered fast and in real-time, without having to wait to be contacted. This makes the Mbit support superior to the competition.
MBit is a good choice for online bettors who want to use Bitcoin exclusively in a secure, anonymous online betting environment. Its recently relaunched sportsbook offers betting on popular eSports, with both web-based and mobile options. Although it doesn’t have the reputation or the banking options and complex infrastructure of larger sites, Mbit’s anonymity and Bitcoin support make it a worthwhile choice for users who want a no-fuss option for eSports betting.
- Extremely fast customer support through live chat
- Fast deposits and withdrawals
- Multiple bonuses available
- Users have to claim bonuses manually to receive them and wager them 35 times per month to prevent them from expiring
- Adobe Flash is required for the site
Have you tried MBit? Tell us what you think about the new eSports betting experience the comments below.Go to www.mbitcasino.com