Software provider Coingaming has launched a bitcoin-only sportsbook product.

bitcoin

The sportsbook solution will offer several opportunities for bitcoin gaming operators.

The product has been designed and built in-house to maximise profits for bitcoin operators looking to add sports to their gaming portfolio, or for those wishing to improve their current sports offering.

Mark McGuinness, communications director of Coingaming, said: "The underlying bitcoin sportsbook technology shall offer significant advantages over traditional currency-based fixed-odds platforms. We have over 10,000 live betting markets on offer per week, including fast developing betting sports such as MMA and e-sports.

"Benefits for the player include the ability to place larger bets on events on any device with better odds, instant deposits and cash-outs. These features will appeal to young, smart, mobile-focused sports bettors that demand instant gratification.”