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May the Fork be with you: Cloudbet unveils bitcoin cash windfall

Tags: bitcoin cash, cloudbet, cryptocurrency.
Posted on Tuesday, April 10, 2018 by "T".

Players at Cloudbet (www.cloudbet.com), the leading bitcoin sportsbook and casino, this morning could be waking up to an unexpected crypto windfall: Those who held bitcoin in their Cloudbet accounts on August 1st, 2017 (when the digital currency forked) will receive the equivalent in bitcoin cash.

Cloudbet has set a precedent within crypto gaming by releasing funds tied to what is now the world's fourth-largest cryptocurrency. The company is the first bitcoin sportsbook and casino in the world (and the Galaxy) to honour the fork, underlining the credibility the platform has built since its 2013 launch in what has become a rapidly growing segment of the gaming industry.

Should they choose to, Cloudbet players will be able to use their windfall to take advantage of some of the best crypto odds and highest limits online, as Cloudbet have simultaneously launched betting with bitcoin cash. The move signals Cloudbet's intention to offer crypto bettors more choice of coins with which to bet.

"The creation of derivative bitcoin products in what are termed ‘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," said Mirio Mella, Cloudbet's Head of Acquisition.

"We have no position on the politics but instead 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."

Cloudbet will use the timestamp of the last common BTC block (block 478558; 1 August 2017, 13:16:14 UTC) to determine customers' BCH balances; full details on the BCH fork.

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.

Follow this link to visit the Cloudbet website: www.cloudbet.com
For more information contact: press@cloudbet.com
Follow us on Twitter for latest news and promotions: @Cloudbet

 


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7 comments for "May the Fork be with you: Cloudbet unveils bitcoin cash windfall"

 CALICUL4/10/2018 4:09:22 PM GMT
If the customers of this Cloudbet are satisfied is very good. They opened 5 years ago and are the leaders in this market with bitcoin sportsbook and casino. They can make nice surprises to the players. I think it's worth playing there because here is the good money for lucky players.
 pajalnick4/10/2018 5:04:51 PM GMT
this is certainly very nice news for those players who did not make a withdrawal and continued to keep their bank in the bitcoins on the account of this casino ... but it seems to me that such people are very few therefore this casino and makes this promo stock by estimating the losses and anticipating the profits from the players who read this news
 godoy4/10/2018 5:55:03 PM GMT
that yes is a company of respect and with this praiseworthy attitude if you consider it even more in the market with that it boosts your credibility a lot and causes you to increase more and more your customer portfolio very good and we will bet what came in double
 bowie19844/10/2018 6:52:43 PM GMT
Not sure anybody wants to do anything with bitcoin now - give it a couple more weeks and it is going to be worth less than the close competition despite the efforts to hype it through the roof last year. It crashed spectacularly in the last weeks.
 Mober4/11/2018 6:35:51 AM GMT
Through its history the bitcoin, keeps losing at this time of the year.
And it is known if you are in the field.
Still holds the 6k so far hitting at some point the 7k.
So it may start rising again in the near future.
Maybe not at the same speed or heights like last year, but it is going to go higher.
I think.... Smile
 bowie19844/11/2018 7:13:10 PM GMT
Posted by Mober:
Still holds the 6k so far hitting at some point the 7k.
So it may start rising again in the near future.

Or not. So I would recommend that only buy them when they are below fifty bucks again Big Smile Big Smile Big Smile Blink
 pochui4/12/2018 7:14:22 PM GMT
my head hurts reading all this sh1t about cryptocurrencies fork funds and derivative products. why the fcuk people just cannot use dollar or euro? does it stink? do the Japanese ninjas come into your house cut off your arm and put it in your a55 because you're not using crypto?

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