PRESS RELEASE: Betmax Entertain, the team behind the next generation online crypto casino ‘Bombastic,’ is pleased to announce the release of the official Bombastic sportsbook, expanding its offering to the exciting world of crypto sports betting. With thousands of sports events and leagues on offer, including the Paris Olympics, UEFA Euro 2024, and the English Premier League, Bombastic seeks to strengthen its position as the future platform for crypto betting.
Following the successful launch of the Bombastic casino platform by the Betmax Entertain team earlier in the year, the release of the sportsbook and the addition of crypto sports betting to Bombastic provide a more holistic experience for its players, combining a highly entertaining casino product with a competitive sports betting offering.
A Next-Generation Crypto Sports Betting Platform
Built by a team of industry veterans at Betmax Entertain, Bombastic seeks to bring its vision of providing innovation, an unbeatable player experience, a thriving community, integrity, and a crypto-first approach to its players.
The Bombastic sportsbook features a sleek and modern user interface with the option to place bets pre-match, live, and for outright futures where available. As with all premium sportsbooks, Bombastic offers Early Payouts, Bore Draw, and Bet Builders to provide players with the flexibility to tailor their crypto sports betting experience to their own risk profile.
For select matches and leagues, a live video stream of the market is available for players to watch and track the action as it happens. If a live stream is not available, an illustrated stats hub is presented to keep players up to date with the latest developments in the match.
Bombastic is also offering players a generous rewards program which features weekly cashback, 0% margin odds, and daily boosted odds on select matches. Additionally, for a limited time, Bombastic is giving new players of the sportsbook a welcome bonus worth up to $50 USDT on a first bet, which gives you the opportunity to experience the sportsbook firsthand.
The Growth of Cryptocurrencies and Sports Betting
The release of the Bombastic sportsbook seeks to capitalize on a lucrative global sports betting market, which was estimated to be valued at US$98.36 billion in 2023 and is projected to grow at a rate of 9% YoY from 2024-2029, according to Business Wire. This growth has occurred alongside an increasing number of players choosing to use cryptocurrencies such as Bitcoin, Ethereum, USDT, and others as their preferred currency for online casinos and sportsbooks.
The cryptocurrency sector was estimated to reach 420 million global users in 2023, with Grand View Research projecting that the overall market value will experience a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030 should the growth trend continue. This indicates a strong and sustained interest in cryptocurrencies, which further supports the growth of platforms like Bombastic that integrate these digital currencies.
Bombastic Sportsbook – Secured by the Blockchain
Crypto betting platforms such as Bombastic have leveraged the inherent synergies between blockchain and iGaming to provide an elevated level of entertainment appropriate for an audience living in the world of Web 3.0. The integration of these technologies has not only improved the security and efficiency of transactions but also offered a level of transparency that traditional betting platforms struggle to match.
Bombastic is committed to continuously enhancing its platform by incorporating feedback from its user community. Regular updates and new features ensure that Bombastic remains at the forefront of the crypto sports betting industry, delivering a state-of-the-art experience to all its users.
