Nitrogen Sports was initially opened in 2012, but struggled to gain a profitable customer base for almost a year after the company’s inception. That all changed when they added Bitcoin as a deposit option in 2013, which, at the time, was an unknown and untested currency that had its fair share of controversy surrounding it at the time. However, once bitcoin started to explode and started to become more accepted by mainstream consumers in the United States and abroad, Nitrogen Sports knew they finally had a selling point to market to its customers.
So they quickly began shifting their business model to only accept bitcoins and from there they’ve established themselves as one of the premier bitcoin-only gambling sites in the world. They offer dozens of sports markets to customers from all reaches of the globe today and pride themselves in being one of the most secure and encrypted sportsbooks operating in the industry.
The site is licensed in San Pedro, Costa Rica, and has no country restrictions whatsoever. They have actually managed to earn and keep a solid “B” rating on SBR, which is somewhat surprising given its relative youth in the business. However, the fact that they don’t physically hold customer funds and operate in an encrypted, bitcoin-only space also makes the book instantly one of the safer options for bettors today.