Cloudbet’s Bitcoin Wagers Soar A Whopping 600% Thanks to World Cup

Cloudbet’s Bitcoin Wagers Soar A Whopping 600% Thanks to World CupReading Time: 2 minutes

Bitcoin is proving to be a truly global currency for a truly global game, according to figures released by leading crypto sportsbook ​Cloudbet​.

Over the first 10 days of the World Cup in Russia, ​Cloudbet has 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, Cloudbet is 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 Cloudbet 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.

Cloudbet’s 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%.

The operator also has 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.

Find Cloudbet’s ​World Cup odds here​.


About Cloudbet:

Established in 2013, Cloudbet is the world’s​ leading bitcoin sportsbook and bitcoin casino platform, fully licensed and regulated with satisfied customers in over 100 countries.

Cloudbet offers ​exceptional value​ odds and unrivalled bitcoin betting limits, while new customers also receive a generous 100% deposit bonus up to 5BTC/BCH.

Source: European Gaming Industry News

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.