bitcoin gambling news
World’s highest limits on the NBA Finals are now only available
to those with bitcoin, says Cloudbet.com
- Limits of a whopping 36 BTC mean players can wager the equivalent of over $80,000 with every single bet on bitcoin-only sportsbook Cloudbet.
- The Cleveland Cavaliers face off against the Golden State Warriors in a 7-game series starting on 1st June, in the most heavily bet event of the season.
- The company describes this as the highest limit it has seen available on this series on any platform anywhere, in either bitcoin or fiat currency.
May 30, 2017 – Cloudbet today launched its highest ever limit on the NBA Finals – the league’s most highly anticipated, and heavily bet, series. And with the value of bitcoin also at a historic all-time high, it appears that high rollers are now better off with the cryptocurrency than with any fiat-based bookmaker.
Cloudbet now allows bets of up to 36 BTC – or over $80,000, at the current exchange rate. The site places no limit on the number of bets that can be placed.
At nearly four years old, Cloudbet has a reputation for some of the highest limits in the betting world, bitcoin and fiat currencies included. “We specialize in high limits across both our casino and sportsbook, and this is the single biggest limit we’ve ever been able to offer,” says Cloudbet Head of Sportsbook Joe Jameson. “We’re confident that no other mass market operator can match it on a bitcoin or dollar basis.”
Bitcoin has always been valued for being faster, easier and more secure than fiat currencies, allowing big winners to get paid instantly. So, it seems fitting that the highest betting limits found anywhere are now in the cryptocurrency. As Jameson notes, “This is an opportunity to service a new market – those bitcoin millionaires who’d like to see their luck continue. We’d love to see more players switch to bitcoin as a result of this development.”
Cloudbet’s casino, meanwhile, continues to provide users with a wide range of games, including Slots, Roulette, Blackjack, Baccarat, Video Poker, as well as global Live Dealer tables available on all devices.
– Ends –
Cloudbet is the leading bitcoin-only sports betting and casino platform. Operating since 2013, it was one of the first to market and has established itself at the forefront of the bitcoin gambling industry. The site offers best-in-industry odds, the highest betting limits of up to 36 BTC, and a huge 100 percent first deposit bonus of up to 5 BTC to all new players.
Visit the site at cloudbet.com.