For a while now, crypto settlement has become an appealing feature for bettors around the world due to the added layer of privacy it offers users and the possibility of facilitating instantaneous transactions. This is why traditional betting sites are increasingly adopting crypto to appeal to a growing community of bettors that would very much prefer to fund their betting activities with digital assets. Interestingly, one of the betting websites that has made the appropriate adjustments to incorporate crypto as a payment and settlement option is BK8, an Asia-based website that focuses on providing a wide array of betting niches.
In this guide, we will take a look at the workings of this platform, highlight its core features and list out its strengths and weaknesses.
What is BK8?
BK8 is an all-in-one gambling website licensed by the government of Curacao. The website provides a wide variety of gambling options for its network of users who are predominantly based in Asia. Although BK8 says that it has more presence in Asia, its marketing campaign embodies a global strategy that has since helped it boost its reputation in Europe. For one, it has partnered with high-profile brands, most especially in the footballing community. At the start of the 2018/2019 season, BK8 sealed a season-long deal with La Liga that meant that the betting platform’s brand will be showcased on digital billboards during matches.
In the 2019/2020 season, BK8 signed John Terry, a former captain of England and Chelsea FC, as a brand ambassador. Following the expiration of this deal, BK8 went ahead to sign Van Persie, the former Manchester United player, on a year-long brand ambassador deal. This deal was later renewed for the following year. In addition to its current deal with Van Persie, BK8 is also the official Asia betting partner for five Spanish clubs, including Elche CF, Valencia CF, Athletic Club, Villareal, and RCD Mallorca.
With these high-profile marketing campaigns, BK8 has been able to establish itself as a serious player in the global gambling scene. However, when it comes to analyzing the viability of a betting platform, sponsorships and partnerships is never the defining factor. What defines the potency of a gambling website is its offerings and how it resonates with its target audience. This is why we have elected to dig more into the operations of BK8. And from our findings, we noticed that the platform has opted for a more dynamic system that embodies both a sportsbook and a casino. The whole idea is to ensure that everyone gets what they want whether it is sports betting or casino gambling. However, it is worth mentioning that BK8 prioritizes the sportsbook section of its website considering that it contains a lot more gaming options.
Notably, the sportsbook includes a wide range of sports betting data providers, including BK8-sports, Maxbet, CMD368, and Betradar. Also, it came as no surprise that football is highly loaded considering that the BK8’s sponsorship and partnership strategies have centered around professional football leagues and ex-footballers. Therefore, you will access solid odds on live matches from some of the most prestigious football tournaments, including the English Premier League, the Spanish La Liga, UEFA Champions League, and much more. Other prominent sporting events that you can access on BK8 are the Olympics, the NBA, and top Tennis tournaments. All in all, BK8 provides betting infrastructures for over 50 sports and over 25,000 in-play bets monthly.
As an added incentive, BK8 allows users to watch the live broadcast of sporting events both on their mobile devices or desktop. In other words, you cannot only bet on our favorite sporting events on BK8, but you can also enjoy them on the go.
While exploring the casino section of this website, we discovered that although BK8 offers a respectable list of casino games, the collection is not as rich as some of the top casinos we have reviewed over the years. This is understandable, considering that BK8 is not a casino-focused platform. That said, BK8’s casino features slots, live casinos, poker, lottery, fishing, and racing games. Like most betting platforms that are serious about what they do, BK8 updates its games collection regularly.
Residents of the following countries are not permitted to register an account on BK8:
- St Maarten
- The U.S.A or the U.S.A dependencies
- The United Kingdom.
Bonuses and promotions
Bonuses on betting platforms are some of the core reasons bettors try out new gambling websites. In the case of BK8, the bonuses are appealing enough to lure bettors. New players are entitled to a welcome bonus when they make their first deposit. They receive a 100% bonus that is only applicable to live casinos, slots, and sports games.
Another bonus that you can take advantage of is the 10% unlimited bonus created only for slot games. Then there is the VIP Rescue Bonus applicable to all games. The last bonus available to players is the 1% Daily Unlimited Cash Rebate. With this, you can receive 1% of the amount you lost while betting on BK8.
However, as we have always advised, it is not enough to just look at the bonus on the surface alone. You must research the terms and conditions governing each bonus to ensure that they are not governed by strict conditions. In line with our recommendation, we explored the requirements that came with each bonus, and we discovered that BK8 imposes wagering requirements for its welcome bonus. In contrast, the daily rebate promotion does not come with a similar condition.
As mentioned earlier, BK8 is more of a traditional betting website. Therefore, it supports conventional payment options like bank transfer, Help2Pay, and EeziePay. Since BK8 is an Asia-focused offering, it comes as no surprise that it accepts local currencies of Asia countries. The list of supported currencies includes Indonesian rupiah, Malaysian ringgit, Thai Bhat, and Vietnamese dong.
Apart from fiat currencies, BK8 also accepts cryptocurrencies, which is why we are doing this review in the first place. The accepted crypto are Bitcoin, Ethereum, and USDT. Interestingly enough, the platform does not charge any extra fees except for the one charged by the third-party payment platform or the crypto network on which the transaction was executed.
When it comes to betting, anything could go wrong. As such, it is important to take the time to review the customer support system of the platform you are about to pay your money into. The first thing you need to know about BK8’s customer support system is that it provides 24/7 response via live chat. You can also get a hold of the appropriate representative via email or on any of the messaging apps popular in countries where it does most of its business.
You can as well head to the website’s information center to find answers to some of the burning questions about BK8. However, it is important to point out that this section of the website has been designed in such a way that it might be difficult to find your way around featured articles. As such, a better option might just be to stick to the communication channels highlighted above. Importantly, the customer service is available in various local languages including, English, Chinese, Thai, Malay, Vietnamese and Indonesian.
Security is another sensitive topic you need to take seriously, especially when dealing with a betting website like BK8 which will require that you verify your identity by submitting personal documents. BK8 says that all the information submitted by users is encrypted with 128-bit SSL. Also, it is a good sign that the betting platform is licensed and regulated in Curacao. As such, it must comply with certain standards, even though Curacao is believed to be a somewhat lenient territory for gambling websites.
Truth be told, there is not much to say about the user interface of BK8. Simply put, we have seen better designs. One of the notable flaws we noticed was the absence of a search bar on the home page. Likewise, the arrangement of the menu is a bit confusing. In essence, navigating the BK8 website may be a daunting task.
However, what BK8 lacks in design, it has made up for it in other aspects. For one, the platform has launched mobile apps for both iOS and Android users. With this, it becomes easier to use the website on the go.
What are the pros and cons of BK8?
Pros of BK8 betting website
It offers a hybrid payment system
The hybrid payment system of BK8 is one of its most appealing attributes. The possibility of depositing funds either via fiat payment rails or a crypto network will resonate with both the mainstream and crypto bettors.
BK8 supports both sports betting and casino
BK8 enables a dynamic gaming platform that combines a casino and sportsbook. In essence, there are numerous gaming options available to players as they can either choose from the BK8’s library of casino games or the over 25,000 in-play matches available every month.
It offers 24/7 customer support
The availability of a live chat mechanism on the website means only one thing: Users can access timely assistance whenever they encounter problems while using the betting website.
There are no extra fees on all deposits and withdrawals
Remarkably, BK8 is one of the few hybrid betting websites that would not collect commission on transactions executed via its website. Instead, users only need to worry about the fees charged by their preferred third-party payment services.
Cons of BK8
The casino section is not as loaded as established competitors
The collection of casino games featured on BK8 is not as vast as that of top casino websites. This may be due to the hybrid nature of BK8’s betting platform and its decision to invest more of its resources in providing top-notch sports betting services.
It does not support popular fiat payment solutions
Understandably, BK8 has opted to focus more on incorporating popular payment systems in Asia countries. Therefore, you may not find popular services, like Google Pay and PayPal, on BK8’s payment section.