Sportsbet.io

What Sportsbet.io does

Sportsbet.io is a crypto-native online sportsbook and casino platform founded in 2016 and operated by mBet Solutions NV, a Curaçao-incorporated entity holding gaming license OGL/2023/110/0072 issued by the Curaçao Gaming Authority. The platform serves approximately 1,010,000 registered players globally (excluding restricted jurisdictions such as Japan and the United States), with cumulative lifetime volumes of over 2 billion bets accepted and approximately $6.3 billion USDT in player withdrawals. Its product surface combines a sportsbook covering 30+ sports (soccer, basketball, tennis, baseball, esports, horse racing, MMA, Formula 1, cricket, and more) with pre-match, live in-play, and futures markets, alongside a casino offering 3,000+ titles from 45+ providers including live dealer tables (Evolution Gaming), slots (Pragmatic Play), crash games, virtual sports, and proprietary Sportsbet.io Originals built on certified RNG with provably fair verification.

The underlying technology stack centers on cryptocurrency-based betting with blockchain transaction processing, supporting 14+ cryptocurrencies (BTC, ETH, USDT, USDC, XRP, LTC, TRX, BNB, MATIC, DOGE, TON, ADA, SHIB, SOL) and wallet-to-wallet settlement that bypasses traditional banking intermediaries. The casino layer runs on SoftSwiss platform technology with Hub88 game aggregation, while user authentication supports social logins (Google, Facebook, Telegram, Line) plus MetaMask Web3 wallet sign-up. Distribution is fully digital via desktop browser, mobile browser, and native Android application, with integrated fiat-to-crypto on-ramps through Binance, Coinbase, Onramper, and bitFlyer (the latter specifically for Japanese users). Acquisition leverages a partners.io affiliate program and brand sponsorships including an Official Partnership with Aston Villa FC.

The business model is transaction-based: Sportsbet.io generates revenue through margins on sports betting odds (pre-match and in-play), the house edge on casino games (slots, live dealer, crash, table games), and promotional structures including a 100% welcome bonus up to 300 USDT, rakeback, free spins, and tiered Clubhouse VIP loyalty rewards. Player segments span online sports bettors, online casino players, esports enthusiasts, and horse racing punters, all served through a single unified account and crypto wallet with no mandatory ID required to begin wagering. The platform has won multiple industry awards including EGR Brand of the Year (2022), SBC Crypto Operator of the Year (2022), AskGamblers Players' Choice (2019, 2023), and SBC Sponsorship of the Year (2020, 2021), and operates an additional Cyprus-based entity, mProcessing Solutions Ltd, handling payment processing as a wholly owned subsidiary.

Name

Sportsbet.io

Legal name

mBet Solutions NV

Website

https://sportsbet.io

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Sportsbet.io is a crypto-native online sportsbook and casino founded in 2016, serving approximately 1 million global players with sports betting across 30+ sports and 3,000+ casino games, operating under a Curaçao gaming license and supporting 14+ cryptocurrencies for wallet-to-wallet wagering.

Ownership category

akta.pro rank

Product category

Online Sports Betting & Casino

NAICS

Other Gambling Industries (713290), Gambling Industries (7132)

SIC

Services-Miscellaneous Amusement & Recreation (7990), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Sportsbooks (Online & Mobile Operators) (MPAEACAA)

akta.pro secondary industries

Crypto Payments & Digital Asset Settlement for Gaming (MPAEALAL), E-Wallets & Stored-Value Accounts for Gaming (MPAEALAD), Payments, Wallets & Cashiering for Sports Betting (MPAEACAG)

Keywords

• Crypto sports betting
• Online casino gaming
• Live in-play betting
• Esports wagering
• Bitcoin sportsbook

Headquarters

HQ city

Willemstad

HQ country

Curaçao

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure

Revenue model

1. Sports Betting Margins: Platform takes a margin on sports betting odds across pre-match and in-play markets covering soccer, basketball, tennis, baseball, esports, and more
2. Casino House Edge: Casino games including slots, live dealer tables, crash games, and table games generate revenue through built-in house edge
3. Bonuses and Promotions: Various bonus structures including welcome bonuses (100% up to 300 USDT), rakeback, free spins, and leaderboard promotions that drive player engagement and wagering

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Sportsbet.io is a crypto-native online sportsbook and casino that lets customers wager on 30+ sports, esports, virtual sports, and over 3,000 casino titles aggregated from 45+ third-party providers plus its own Originals studio. All deposits, bets, and withdrawals are settled in cryptocurrency via wallet-to-wallet transfers with no identification required to begin playing.

Product overview

Sportsbet.io is a crypto-native online gambling platform combining a full-scale sportsbook with an extensive crypto casino in a single unified account. The core offering consists of the Sportsbook (covering 30+ sports including soccer, basketball, tennis, esports, and horse racing with pre-match, live, and futures betting), the Crypto Casino (3,000+ games from 45+ providers including slots, live dealer tables, crash games, table games, and virtual sports), and the proprietary Sportsbet.io Originals (in-house Dice, Plinko, Blackjack, Roulette, Baccarat, and HiLo games). The platform is further differentiated by dedicated esports betting, unique Sportsbet Specials markets, the Clubhouse VIP loyalty program, and regular promotional competitions like League of Sportsbet and Slot Challenges. All products share a single account and crypto wallet, with support for 15+ cryptocurrencies and fiat on-ramps through integrated partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Sportsbet.io Sportsbook Crypto-funded sports betting product offering pre-match and in-play wagering across 30+ sports for individual consumers holding BTC, ETH, USDT, XRP, ADA, and other supported cryptocurrencies.
• Sportsbet.io Crypto Casino Online casino offering slots, live dealer tables, crash games, virtual sports, and in-house Originals titles funded entirely via cryptocurrency deposits for individual consumer players.
• Esports Betting Dedicated esports betting product offering pre-match and live wagering markets on competitive gaming tournaments for crypto-funded individual bettors.
• Horse Racing Betting Horse racing wagering product with live streaming coverage of global racing events, funded via cryptocurrency deposits for individual bettors.
• Live Dealer Casino Live dealer casino product offering real-time streamed table games (blackjack, roulette, baccarat, and game-show-style titles) for individual consumer players using cryptocurrency.
• Virtual Sports Virtual sports wagering product offering simulated sports events with continuous betting opportunities for individual consumer players using cryptocurrency.
• Sportsbet.io Originals In-house Originals game studio offering proprietary casino titles (including crash-style and provably fair games) exclusive to Sportsbet.io for individual consumer players using cryptocurrency.
• Crash Games Crash-style casino game category offering quick-decision multiplayer and single-player wagering for individual consumer players using cryptocurrency.
• Sportsbet Specials Sportsbet Specials product offering unique event-driven markets and enhanced promotional wagering opportunities for individual consumer bettors using cryptocurrency.
• Clubhouse VIP Program Tiered VIP loyalty program offering cashback, exclusive rewards, and personalized service for high-value Sportsbet.io sportsbook and casino customers using cryptocurrency.
• League of Sportsbet Promotional loyalty program offering prize-driven competitions and rewards for active Sportsbet.io sportsbook and casino customers using cryptocurrency.
• Slot Challenges Slot Challenges promotional product offering prize-based competition and rewards for active slot players on the Sportsbet.io casino platform using cryptocurrency.

Quantifiable outcome

• 10 years of operating history without major security incidents (2016-2026)
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Aston Villa FCcoreGTM or Marketing PartnerOfficial Partner of Aston Villa football club. Sportsbet.io sponsors the Premier League club for brand visibility and marketing exposure in the UK and global football market.
• Evolution GamingcoreTechnology or IntegrationPrimary live dealer casino content provider powering Baccarat, Blackjack, Roulette, and game shows with real dealers streamed live
• Pragmatic PlaycoreTechnology or IntegrationMajor slots and live casino game provider with titles like Sweet Bonanza, Gates of Olympus featured on the platform
• Hub88coreTechnology or IntegrationGame aggregation platform providing access to third-party casino game providers
• SoftSwisscoreTechnology or IntegrationCasino platform provider and game aggregator for Sportsbet.io casino
• BinanceminorChannel Partner/ Reseller/ DistributorCrypto on-ramp partner enabling users to purchase cryptocurrency directly through the Sportsbet.io cashier
• CoinbaseminorChannel Partner/ Reseller/ DistributorCrypto on-ramp partner enabling users to purchase cryptocurrency directly through the Sportsbet.io cashier
• OnramperminorChannel Partner/ Reseller/ DistributorCrypto on-ramp aggregator enabling users to purchase cryptocurrency directly through the Sportsbet.io cashier
• bitFlyerminorChannel Partner/ Reseller/ DistributorCrypto on-ramp partner enabling Japanese users to purchase cryptocurrency through the Sportsbet.io cashier
• Curaçao Gaming Authority (CGA)coreOthersLicensing authority issuing operating license OGL/2023/110/0072 to mBet Solutions NV for Sportsbet.io operations

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Rollbit: Crypto casino and sportsbook that built its brand on proprietary crash/instant-win games and token-incentivized loyalty. Comparable on crypto-native originals, crash-game focus, and sportsbook expansion strategy.
• BC.Game: Crypto casino and sportsbook with proprietary originals, multi-coin support, and a tiered VIP/loyalty program closely mirroring Sportsbet.io's Clubhouse VIP. Directly comparable in product scope, crypto rails, and player overlap.
• Roobet: Crypto casino and sportsbook with in-house proprietary games, Curaçao licensing, and a similar target audience of crypto-native bettors. Comparable on game library, originals strategy, and crypto-only deposit model.
• Stake.com: Leading crypto-native online sportsbook and casino founded in 2017, offering the same combination of sports betting, in-house originals, and crypto deposits/withdrawals that Sportsbet.io targets. Direct head-to-head competitor for crypto bettor wallet share.
• Cloudbet: One of the earliest crypto sportsbooks and casinos (founded 2013) supporting BTC, ETH and multiple altcoins with a combined sportsbook and casino offering. Closely comparable in crypto-first DNA and product mix.
• Thunderpick: Crypto-native sportsbook and casino with strong emphasis on esports betting (CS2, Dota2, LoL) alongside traditional sports. Comparable to Sportsbet.io's dedicated esports product and crypto on-ramp approach.

Broad incumbents

• 1xBet: Large international online sportsbook and casino with extensive sports coverage, multi-currency support including crypto, and Curaçao licensing. Comparable in global reach, broad product, and Curaçao-based operating model.
• DraftKings: Major US-licensed online sportsbook and casino now progressively adding alternative payment rails. Overlaps with Sportsbet.io on sportsbook and casino product but with materially different regulatory positioning.
• Betway: Established global sportsbook with Premier League football sponsorships (similar marketing playbook to Sportsbet.io's Aston Villa deal) and a growing casino product. Comparable in sportsbook focus and football-driven brand investment.
• Bet365: Global incumbent online sportsbook with deep market liquidity across 30+ sports and a long-running brand. Competes for the same global sports bettor wallet but operates as a mainstream fiat operator rather than crypto-native.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Sportsbetio
• YouTubeyoutube.com/channel/UCLPR6uURNr4u8p64-PaGHKg
• Facebookfacebook.com/Sportsbet.io
• Instagraminstagram.com/sportsbet.io
• TikToktiktok.com/@sportsbetio?lang=en

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sportsbet.io