Bitcoin Gambling

Bitcoin Wagers Soar A Whopping 600% At Cloudbet

Bitcoin is proving to be a truly global currency for a truly global game, according to our latest figures.

Over the first 10 days of the World Cup in Russia, we've seen the number of bitcoin and Bitcoin Cash bets soar by 600% from the same period immediately before the start of soccer’s premier competition. The platform has drawn tournament-related wagers from over 100 countries, according to Mirio Mella, Cloudbet’s head of acquisition.

Established in 2013, we're one of the few operators in the crypto-gaming space to offer World Cup bitcoin betting for a second straight tournament. Aside from the obvious difference in the coin’s price and the phenomenal leaps in adoption since Brazil 2014, the surge in betting firmly underlines that bitcoin betting has come of age in Russia.

“Crypto holders are looking to grow their coin stack and add even more excitement to the action,” Mella said. “Drawing so many bets from all over the world demonstrates a global acceptance of bitcoin as a convenient and practical medium for betting.”

Plenty of new customers will have no doubt been attracted by the generous 6.5mBTC risk-free bet currently available for the World Cup. For crypto enthusiasts new to betting or experienced bettors new to crypto, a risk-free bet is the perfect incentive to try bitcoin betting for the first time.

Our reputation as a trustworthy sportsbook is one reason behind its World Cup success, but there are other key factors: the focus on offering, choice of currencies, and the best value odds among bitcoin sportsbooks – with margins of just 2.5%.

We've also guaranteed World Cup betting limits of 20BTC per game, and there have been plenty of whales testing those limits. The games involving established sides like Germany, Brazil and Argentina in particular have attracted multiple maximum bets.

“The World Cup has so far been a tremendous success for Cloudbet,” said Mella. “We fully expect our 100BTC limits for the final to be taken advantage of.”

About the Author
Cloudbet

Cloudbet

Cloudbet

Posted on 2018-06-29

Cloudbet has a team of contributors that produce high quality content across a range of subjects related to betting and crypto.

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