Skip to main content Enables Sports Bets Using Blockchain and Counterparty XCP joins the collection of Bitcoin sports betting sites but introduces innovative technology that can also benefit the world of Bitcoin casino gambling. Blockchain Counterparty XCP

Among the new additions to the industry of online Bitcoin sports betting is an innovative sports book that is built on the Counterparty protocol, enabling bettors to wager on the NBA Finals and FIFA World Cup in Brazil in a decentralized method.

Branded as, this sports betting site becomes the first distributed betting application that gives online players worldwide the ability to place bets on sporting events like basketball and football without the need for a third party or a middleman.

The application, which is based on the Bitcoin blockchain technology and works using the Counterparty protocol, requires bettors to also acquire XCP, the native currency of the said protocol, in order to place wagers on the sportsbook.

This type of currency can be purchased through the traditional exchange services or via Counterparty’s built-in decentralized exchange, according to the’s post on

Based on the benefits that result from the implementation of the Counterparty protocol, online sports bettors will enjoy wagering anonymously, will keep their funds secure through the absence of any party that manages the funds, and will have the ability to retrace transactions through the system’s transparency which is provably fair.

The anonymity of the players is maintained through’s policy of not requiring credit records, bank transfers, and personal information. Meanwhile, it promotes transparency by opting to publicly settle all bets on the open source Bitcoin blockchain and by signing its broadcast with its public key, according to its website.

While these aspects make the sports betting services offered by faster and more secure, the same advantages can further benefit the technology currently used by Bitcoin casinos online.

Given that casino gambling with bitcoins entails players to transfer funds to a middleman, implementing the same protocol should make all transactions much faster and the system safer for every registered bettor in the system.



Decentralized Affiliate Networks Empower Merchants and Advertisers

April 12, 2019

Incorporating blockchain in affiliate marketing paves the way for a seamless affiliate process in a transparent, merchant & advertiser-centric ecosystem.

Game of Thrones: Who Will First Perish in Season 8?

April 11, 2019

With the Game of Thrones Season 8 to close the epic series, many are excited to know who will sit on the Iron Throne. But many also seek who will perish.

Luxury Trip to Cancun, €50,000 & 1 BTC up for Grabs on BitStarz

April 5, 2019

BitStarz Casino will treat its players to 1 BTC, Luxury trip to Cancun for two, and €50,000 in prizes through the two massive BitStarz April promos.


5 Times Sic Bo Macau Proves to Be Among BGaming’s Finest

March 13, 2019

BGaming recently released its new Sic Bo Macau game. Here's a rundown of features that make this game a must-play for fiat and Bitcoin casino players.

Get Ready to Samba to These 10 Rio Carnival Slots

March 4, 2019

Ready to samba? These 10 Rio Carnival slots will take you to the streets of Rio de Janeiro as you party your way to wilder and bigger wins in every spin.

10 Online Slots That Will Make You Rock On

February 11, 2019

Can’t get enough of your favorite rock music? These 10 rock-themed online slots will give you the satisfaction you need with better wins and gaming.

No account yet? Register here
Already have an account? Login