If you are not into esports betting, but you enjoy watching your favorite streamers play titles such as Fortnite, League of Legends, Apex Legends or other popular games, we here at Topgamersguide have something special for you. If you are wondering if bitfight.tv is legit, I assure you that it is.
Bitfight is no longer active, the company have shutdown the website and are not currently offering any services under the bitfight.tv domain.
What is bitfight.tv?
As mentioned above, bitfight.tv is the only platform that is fully committed to twitch.tv betting. You can find all the popular twitch.tv streamers here and I am positive that if you give bitfight.tv a chance, you will have a good time.
So if you are wondering how does all of this work, let me guide you through. First and foremost, you have to sign up for an account. This process is fairly easy as you will only have to provide them with your email and password.
Once you have entered the information I mentioned above, you should be good to go. The next thing you want to do is to top your account with a deposit. I will discuss deposit and withdrawal methods below, so do not miss out.
Now that you have money to gamble with, find the stream of your choice and wait for bets to be available. Take note that bets will be available every 90 seconds and you will not have much time before they are closed.
The best thing about bitfight.tv is that this platform and gambling on it is available 24/7, 7 days a week, without stopping. So if you are ever feeling bored or you just want to have fun while gambling, then bitfight.tv is the perfect solution for you.
Is Bitfight.tv Safe and Legit?
Bitfight.tv was recently in the Y-combinator business accelerator, the same one as Twitch.com was in its early stage. They even got coached by one of the Twitch founders, so I would say that it is one of the very trustworthy services out there and it has a lot of potential.
Bitfight.tv is registered in Curacao and they are officially licensed as a gaming provider by the Government of Curacao. It is also important to mention that all of the billing services are provided by Bfight Ltd. which is an England and Wales based company.
Even though bitfight.tv is a relatively new betting site, they are becoming more and more popular. At the time of writing, there are over 1000+ users actively betting on games such as Fortnite and League of Legends.
What Should You Know About Bitfight.tv?
Since this is an alternative type of esports betting, there are certain rules that apply which you definitely need to know. So let’s start with the basics.
There are three market stages. Markets are basically betting offers bitfight.tv provides you with.
Open – Market is open and you can place your bets.
Pending – Once you see that certain market is pending, this basically means that you can no longer place bets on it and you are waiting for the outcome.
Settled – the market is concluded and the winners have been paid out
Voided Markets – Just like every betting site out there, bitfight.tv reserves the right to void any markets because of errors in their data feeds or stream delays. It is also important to mention that all wagers will be refunded and no commission will be charged if a certain market is void.
There are 4 reasons when bitfight admin can void market and these are:
- Early Termination
- Market Error
- Data Error
Withdrawal – When the markets have been opened and the streamer decides not to play the game or he goes offline.
Early Termination – If something happens so we cannot know with certainty that market outcome will occur. For example, “who will have more kills after the first 5 minutes?”. The match ended after 4 minutes and Bitfight cannot be 100% certain that the market is correct.
Market Error – Personally, I do not agree with this one, but still, it is a reasonable void. If the phrasing or timings are wrong, Bitfight admin can void certain markets. For instance, streamer already has 7 kills while the market is opened “Will the streamer finish the match with more than 6 kills?”
Data Error – If bitfight.tv is unable to settle a market because of an error with their data feeds or reasons outside of their control, they will try to use publicly available information such as replays. However, this can take more time than usual and if the market cannot be settled within 24 hours, the market will be void.
Deposit and Withdrawal Methods & Bonuses
After you sign-up for an account, do not forget to claim your $5 in free bets. This will allow you to test things out, and who knows, maybe turn those $5 into much more. It is also important to state that you can grab an additional $5 for every friend you refer to the site. Lastly, if you want to join bitfight.tv community on Discord, you can grab yourself an additional $1.
As for deposits, a minimum of $5 can be deposited and there are 4 various banking methods. The best thing about bitfight.tv is that you can use PayPal. Here is the list of every deposit method available on this site.
When it comes to withdrawals, you can withdraw once every 24 hours. Contrary to a minimum deposit of $5, the minimum withdrawal is set to $15.
The same methods apply to both deposit and withdrawals which makes deposit and withdrawal process very fast and easy to use.