Online crypto-exclusive casino Cloudbet celebrates Bitcoin Cash's (BCH) first year with "Bitcoin Cash Birthday Bash," which multiplies BCH deposits by two.
Online casino and sportsbook Cloudbet is throwing a party to celebrate the birthday of cryptocurrency Bitcoin Cash (BCH).
As part of the Bitcoin casino’s “Bitcoin Cash Birthday Bash” promotion, bettors taking part in the celebrations can receive as much as 100 percent Bitcoin Cash deposit bonus. To honor the first anniversary since the birth of the altcoin, Cloudbet would double all Bitcoin Cash deposits made on August 1 up to 1 BCH.
Mirio Mella, head of acquisition at Cloudbet, said:
“Since honouring the fork last year and crediting bitcoin players with their Bitcoin Cash, we’ve seen an unprecedented rise in players using BCH at Cloudbet. So on its first birthday, we wanted to reward those customers who have supported Bitcoin Cash with a special gift.”
Bettors can make use of the bonus Bitcoin Cash on some of Cloudbet’s offered betting options, including games from the National Basketball Association (NBA), the English Premier League (EPL), and the Major League Baseball (MLB), among others. In addition, players can wager the bonus on some of the online casino games and live dealer tables found on the casino.
Bitcoin Cash Birthday Bash Terms and Conditions
Players must follow several conditions before they could claim their bonus Bitcoin Cash.
Eligible accounts are those made at 23:59 on July 31, 2018. Bettors must also opt into the promotion first before their Bitcoin Cash deposits can be qualified for the bonus. Cloudbet will then double up deposits worth at least 0.007 BCH up to 1 BCH made on August 1. In addition, players’ cash funds must be played first before the received bonus.
Players must take note that the bonus entails a 30x rollover requirement. Only bets wagered using the bonus would count on the requirements. Slot games found on Cloudbet contributes 100 percent to the rollover requirement, while other games grant only 10 percent. Moreover, players have 30 days to complete the rollover before the online casino forfeits the bonus.
Lastly, similar with all other of the online casino’s bonuses, Cloudbet’s general Terms and Conditions apply on the “Bitcoin Cash Birthday Bash” promotion.
Accepting Bitcoin Cash Bets
On April 6, Cloudbet embraced Bitcoin Cash as part of its acceptable crypto payments, citing the altcoin’s benefits such as accessibility, privacy, and low transaction fees. The betting site also accepted Bitcoin Cash as an alternative to Bitcoin (BTC) bets, which was the only mode of payment accepted before the inclusion of the altcoin.
Mella, back in April, said:
“The creation of derivative bitcoin products in what are termed as ‘forks’ has both practical and political implications. Cloudbet is focused on the practical; players want fast, cheap, and reliable transactions, and BCH offers a great alternative to BTC.”
The crypto-only casino started accepting Bitcoin Cash wagers eight months after the altcoin introduced itself to the crypto market as the “Peer-to-Peer Electronic Cash” promised by Bitcoin founder Satoshi Nakamoto.
Bitcoin Cash launched on August 1, 2017, following a hard fork from the original Bitcoin network. This is following discussions from a group of developers who wanted a larger block size for Bitcoin blocks.
The altcoin is currently valued at US$823.77 and is the fourth largest crypto with a market cap of more than US$14 billion. Bettors can use Bitcoin Cash on several online bitcoin casinos.