Nitrogen Sports Review
Pros and Cons
- Fastest Bitcoin payouts online.
- Large betting limits compared to other sportsbooks servicing U.S. players.
- Huge list of sports and markets.
- Bitcoin is only cashier option.
- Sportsbook is still relatively new.
Deposits and Payouts
- Year Established: 2012
- Headquarters: Costa Rica
- Customer Support: Email, Phone, and Chat
- Languages: English
- Types: Sportsbook and Live Betting
- Other Products: Casino
- Problems with this site?: Contact Us
Expert Review of Nitrogen Sports
Nitrogen Sports is a popular online sportsbook that has been around for over 8 years. It has a decent reputation among other online betting sites. The one feature that makes it stand out: it is a Bitcoin-only sportsbook. What this means is that members will only be able to gamble using Bitcoin. Nitrogen accepts BTC as the only deposit and withdrawal option.
Making a deposit is quick and easy, with the safety Bitcoin has to offer. You can request 1 free payout every 6 days (0.0001 BTC fee for subsequent withdrawals); with a minimum withdrawal of 0.001 BTC. A big advantage of betting at Nitrogen Sports is that they have an insanely low minimum bet: 0.0001 BTC.
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Nitrogen Sports Review Summary
Nitrogen Sports is one of the gems in the growing market of Bitcoin sportsbooks. The cryptocurrency’s adoption has spawned a number of online gambling sites, including casinos, poker rooms, and online sportsbooks. Nitrogen touches all these bases, offering players a full-service sportsbook, poker room and Vegas style online casino.
Some bitcoin sportsbooks have much of their ownership details clouded or nonexistent. To be fair, however, much of the fiat-based offshore sportsbooks are hidden through shell corporations and their true ownership is hard to nail down.
Though, in the case of Nitrogen, thankfully, their location and ownership details are readily available. They have operated from San Pedro, Costa Rica since they originally opened their doors in 2012. All of their servers and customer service staff are located in the country, but their marketing team and corporate offices are based in Canada. Their parent company is Ideal Media Inc, which is also based and registered in Costa Rica.
A Personal Opinion on Nitrogen Sports
What We Like About Nitrogen Sports
Nitrogen is the king of the bitcoin sports betting market and is easily the most trustworthy bitcoin-only online sportsbook. Their customer service staff is top notch, and the community surrounding the site is outstanding.
These guys are hands-on and are in touch with their customers, a factor that is readily apparent from the get go. It’s also an area where many sportsbooks fail tremendously. They’re also a welcomed addition to the reduced-juice list of sites Americans can use and offer some of the bets odds online for the vast majority of their markets.
The number of sports offered is also outstanding. They have odds on just about every sport and league on the planet. The number of betting options they offer may even dwarf 5Dimes, a shop that is renowned for their massive list of betting markets.
What We Don’t Like About Nitrogen Sports
As with all sportsbooks that are just several years old, there is always going to be an element of risk. Nitrogen has always paid players and quickly, but the reality is that many sportsbooks under five years old fail. That’s just the nature of the market, the longer a sportsbook is around and pays their players, the more trustworthy they become.
That goes twofold for bitcoin sports betting markets. There’s a long list of positives that go along with bitcoin concerning a currency used for online gambling, but some drawbacks as well. So many sites have opened their doors and left the market in the time that Nitrogen opened their doors, and many of them ran off with funds, stiffing players.
There are also risks from hackers if a bitcoin sportsbook doesn’t have adequate security measures and stores their customer’s balances improperly. Nitrogen claims they store most of their funds offline, in cold wallets, but this has been claimed by other bitcoin sportsbooks as well, and it turned out not to be the case. We believe Nitrogen, but even sites have misled players before.
In February 2015, they did have a complaint filed with Sportsbook Review regarding the ruling on an NHL prop. Nitrogen rules stipulate that all NHL bets are for regulation time only and do not include overtime or penalty shootouts. These rules were not listed on the page where the player made the bet, but they were listed on their NHL rules page.
The player thought he pushed his wager, but the bet was instead graded as a loss. In response, Nitrogen agreed that their rules page could be hard to find and may have caused some confusion for the bettor and others who bet NHL markets.
Though they did not re-grade the wager, Nitrogen credited the player with $100 in bitcoins and has now added a link to their betting rules on every page. They handled the dispute in a matter of three days, which is much faster than most offshore sportsbooks move these days.
In our opinion, the resolution of this issue was excellent. They weren’t trying to scam or mislead players and the additional link on each page of their site makes it much easier for players to check over their betting rules before the placing a wager.
The above blurb on Nitrogen may seem like we have issues with them, but that’s not the reality. Security concerns and a lack of longevity in the market are issues for every bitcoin sportsbook. Nitrogen is the best bitcoin sportsbook in the market today concerning odds and markets and the most trustworthy.
We’re huge fans of them here at Safest Betting Sites, but we’re also straight shooters. There’s always going to be more risk with newer shops and the bitcoin betting market since opening has been susceptible to a lot of scams.