Cloudbet players feel the fork of unexpected cash boost

Cloudbet players feel the fork of unexpected cash boost

Friday, April 6, 2018 Posted by Luke Massey
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The crypto sportsbook has honoured last year’s BCH fork

Cloudbet has become the first crypto based sportsbook or casino operator to honour last year’s bitcoin cash (BCH) fork by providing its players with an unexpected windfall.

Players on Cloudbet who held bitcoin in their accounts when the digital currency forked on 1 August 2017 will receive the equivalent in BCH, with the timestamp of the last common BTC block used to determine each customer’s BCH balance.

The operator believes it has set a precedent within crypto gaming by releasing the funds, which players can now use to take advantage of some of the best crypto odds and highest limits online, as Cloudbet have simultaneously launched betting with BCH.

Mirio Mella, Cloudbet’s Head of Acquisition, told “We have no position on the politics of bitcoin forks, but are happy to offer our players the choice of BCH providing fast, cheap and reliable transactions. We are having fun with the Star Wars fork theme and will leave it to others to decide who is the Empire and who are the Freedom Fighting Rebels.”

Totally Gaming says: Cloudbet has sought to underline the credibility of its platform, launched in 2013, by releasing funds tied to what is now the world’s fourth-largest cryptocurrency. The move signals Cloudbet’s intention to offer crypto bettors more choice of coins with which to bet.

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