Housebets Review

**Our Housebets review has been updated as over October 27, 2023 due to security vulnerabilities on the site.

In the past six months, Housebets has seen two distinct hacks of its smart contracts. For that reason, our team have downgraded the “Trust and Fairness” score of Housebets to a 1, resulting in a significant drop of its overall score.

Our Housebets review takes a look at this newcomer to the web3 sport betting scene. Although new, the platform is making waves in the world of decentralized betting by offering a seamless experience, a great deposit bonus, and tons of web3 perks for players!

Housebets has been a Web3 sportsbook platform since October 2022, claiming itself as the first household name in offering DeFi sports betting solutions for businesses. Built on the Polygon blockchain, it has lifted its prominence by providing various sports events and tournaments with pre-match and live betting options infused with early odds on multiple sports betting events. Housebets.io has acquired its licenses from the Curacao Gaming Authority.

New crypto sports bettors can conveniently access this sports betting platform using its advanced Web3 connectivity and place wagers directly on the blockchain. To dive deeper into this crypto sportsbook, let’s explore its various segments.

Housebets Sports Selection

Numerous sports betting enthusiasts have experienced a significant increase in their interest, owing to the inclusion of major sporting events in the gaming segment. Thus, this Web3 sports betting platform has developed a deep product offering that creates fun and discovers many casino games per their interests. 

The Housebets web3 sportsbook offers over 20 sports for betting, including:

💰Soccer

💰Tennis

💰Basketball

💰Ice Hockey

💰Baseball

💰Cricket

💰Boxing

💰Snooker

💰Rugby

💰Darts

💰MMA

💰Volleyball

💰Table Tennis

💰Aussie Rules

💰Waterpolo

💰Handball

💰CS:GO

💰Squash

💰Starcraft 2

💰League of Legends

While betting on these sports, bettors can use traditional sports bets, accumulator bets, spread bets, and eSports odds. The other betting area of Housebets.io sportsbook is a live streaming facility, encouraging the players to infuse in-play betting with many live statistics tables that update constantly. If the urge to bet does not stop here, you can also click on its e-sports betting option. 

Housebets Live Betting

One key feature of Housebets.io is its seamless live bet offering for multiple sports.

The stunning interface and easy user navigation help them go through each live betting section and wager quickly, so a bet is always just a click away. You can bet on In-play Tennis, Soccer Premier Leagues, NFL, Boxing, MMA, and much more live.

It is an excellent option for players to have access to live sports events. You can make a live bet on these matches occurring in any part of the nation, determining the odds that effectively change amidst the ongoing matches. Another perk of this crypto sportsbook is that it triggers pre-match bets, where a bettor bets on sports events one week or two days before the game. 

Housebets Review: Registration

Being a web3 sportsbook, registering here is a smooth task. It has simplified its registration process for the convenience of its gamblers.

Visit the site and initiate the registration. The login button is in the official site’s right-hand side corner. 

Bet straight at this crypto sportsbook platform by logging through the Web3 wallets. First, bettors can wager instantly on any favorite sports using the top cryptocurrencies. Secondly, you must choose your preferred wallet, including the MetaMask, Trust Wallet or other wallets that are available through Wallet Connect.

Accept the terms and policies. You have to tick on the small empty box where the sportsbook says to agree with the terms and conditions and the privacy policies. 

Housebets Currencies

Being a decentralized platform, it works as a polygon network – an on-chain sportsbook, offering diversity in payment methods and guaranteeing early payouts. This Web3 sportsbook allows access to bitcoin, Ethereum, USDC, and their native LunaFi token (LFI).

It works with multiple tools enhancing the third-generation POS speed of funding at the sportsbooks account, reducing the cost, interoperability, and complexities of transactions while applying Polygon’s security model and reach to blockchain networks.

As the project continues to grow, more cryptocurrencies will be added to the platform. This addition of more tokens will help accommodate bettors that hold a wide range of crypto.

Housebets KYC Review

Housebets.io Web3 sportsbook requires the bettor’s practical information and legitimate documents at deposit and withdrawal time above $2000. In addition, they ask for identity and age documents to determine the legitimacy of the age, as the sportsbook does not allow players under 18 years to gamble. Therefore, they need proof of identification information to confirm the validity and mark the user’s age. 

Our Housebets review shows onboarding information such as wallet addresses and other details collected by the Housebets may include address details, country, birth details, name and wallet address, or postal code.

Housebets.io relies on various risk-based measures, and for that, they collect verified data and IP address-based geo-blocking. Furthermore, Housebets.io subjects restriction policies on user activity to prevent risk, fraud, and AML standards associated with their service permissibility under certain jurisdictions.

Housebets Bonus Review

Housebets has recently launched a brand new deposit bonus of 180% for all new web3 sportsbook players. All the sportsbook players are can also benefit from bonuses on their 2nd and 3rd deposits, which range from 240% to 300% of their deposit amount.

Here’s our Housebets review of their deposit bonus:

1st Housebets Deposit: 180% up to $20,000 USD value

2nd Housebets Deposit: 240% up to $40,000 USD value

3rd Housebets Deposit: 300% up to $60,000 USD value

The Housebets deposit bonus is extremely straightforward, which makes it simple for players to understand. Just make your deposit and receive your bonus allocation in locked LFI (the native LunaFi token) which becomes unlocked as you continue to bet in the web3 sportsbook and casino.

Housebets Review Summary

This Housebets review shows the the site is a complete package offering sports lovers a solid betting option. You can experience competitive odds and widespread market coverage.

Housebets satisfies all gamblers’ gambling needs, taking care of their convenience in the payment opinion. It is a Web3 sportsbook platform where the registration process, betting on sports events, and exchanging payment is at your fingertips. By offering the most extensive gambling needs, Housebets.io looks toward the arrival of newcomers to remain a top player in the industry.