When betting with Bitcoin online, sometimes it’s better to quit while you are ahead rather than risk all that you’ve invested by hoping for a bigger payout. Well, one lucky bettor certainly felt the same way when he made a profitable decision to cash-out his 10-leg betting slip early at Sportsbet. And that’s all it took for him to earn a place in Sportsbet’s hall-of-fame by becoming the winner of the biggest cash-out since the Bitcoin sportsbook introduced the revolutionary feature.
Talk About Great Timing
According to Sportsbet, the lucky punter took a tennis multiples bet on 10 events. All the events were played on the same day, starting with the first one at 11 AM. For a stake of 75 mbTC, the user was able to amass winnings of 10 BTC by the afternoon as he won 9 out of the 10 matches on his slip.
His last bet was on Wawrinka vs. Fucsovics, where the punter backed Wawrinka. But after deciding that this wasn’t a sure bet, he made the call to cash-out his bet slip ahead of time. His decision turned out to be well-justified as Wawrinka lost the match, which could have cost him all that he managed to earn on the previous games.
By cashing out his bet, he became Sportsbet’s biggest cash-out winner, receiving 10 BTC (€65,000) out of the 13 coins his slip indicated. An excellent win, especially for a bet which the player claims was created “as a joke”, never expecting that he would have such a “huge luck” with it.
Sportsbet’s Director of Sportsbook, Joe McCallum, commented on this new milestone for the operator by saying that the betting provider was proud to have the opportunity to offer such a top-of-the-line fixed-odds experience to its members. He also added that he expects more lucky punters to achieve such a feat in the future as the cash-out function is made use of more frequently.
A First in Bitcoin Betting
While an early cash-out feature has been a staple at many betting sites that operate with fiat money, in the world of Bitcoin betting such an option was missing for quite some time. Sportsbet is the first betting operator to allow for early cash-outs in cryptocurrency – a novelty feature that was only introduced at the start of this month. And it seems that the decision to allow such an option is already paying off for the operator as more Bitcoin punters will surely flock to the site after this win.
Basically, the cash-out feature allows you to cash out multiples ahead of time when you don’t want to wait for the final match to finish. Not long after introducing this feature, the sportsbook also introduced the In-Play Cash-Out, which allows punters to cash-out partially during a match. In either case, the sportsbook gives you a chance to win something back – an amount that is calculated according to the operator’s terms and conditions. To learn more about the feature, or give the cash-out function a try, you can head down to Sportsbet’s website.