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Bet small. Dream BIG: the lowest Bitcoin betting stakes

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Bet small. Dream BIG: the lowest Bitcoin betting stakes
Source: CloudBet

Looking for low stakes bitcoin betting? Well, look no further. Cloudbet has lowered minimum bets to an incredible 10 Satoshi. Here is what it means for you.

  1. Small risk, big fun
  2. How much is 10 Satoshi?
  3. What can I bet on?
  4. Dream BIG

Low stakes bitcoin betting have just been redefined by Cloudbet.

From today, with only 10 Satoshi, you can place a bet on our sportsbook. That doesn’t sound like much, but with the right odds – say, 100 to 1 or more – such small value can potentially turn your proceeds into a considerable sum.

Small risk, big fun

Perhaps you would like to just test the waters and your analytical skills before, and you prefer to take smaller risks, or maybe you just can’t risk that much. Maybe there is some leftover BTC in your account that is bigger than the network fees. Or perhaps you only want to get as many betting thrills as you can.

Whatever the reason, you can win life-changing prizes with the smallest of bitcoin stakes.

And while in richer countries winnings measured in Satoshis wouldn’t be enough incentive for people to bend down and pick it up from the street, in less affluent places this can be quite a meaningful amount. So if you are in possession of cryptocurrencies in the African continent, or in the Indian subcontinent, you can take advantage of this to place bets that fit your pocket.

We cater to everyone, from all walks of life – Cloudbet is definitely for the faint of heart, too. All the excitement of betting, but with an only tiny risk.

How much is 10 Satoshi?

What can you do with a cup of coffee – that is, apart from drinking it, what can you do for the price of your regular coffee?

Well, for your typical €3 coffee you can place up to a whopping 9,000 bets at Cloudbet – that’s how many minimum bets you can get. Now that’s what we call maximizing your chances.

Moreover, there is no better way to spend those small payouts you get from free bitcoin faucets, websites or apps – and you can check our article for a list of places you can go to earn free crypto.

Also, as firm believers in the future of bitcoin and cryptocurrencies, we believe that these humble 10 Satoshi that you bet – and potentially win – today may well turn out to be worth much, much more in the future. It happened repeatedly throughout bitcoin’s history. Bitcoin will continue to transform the world – that is our bet.

What can I bet on?

With only fractions of a cent at stake, suddenly those longer bets – with small odds and enormous payouts – start looking much more attractive. That is especially true when it comes to underdogs and accumulator bets in sports. Luckily, that is exactly where our 10 Satoshi minimum bet applies.

Dream BIG

One of the most spectacular cases to ever take place on our sportsbook happened in 2017 when a lucky basketball fan placed a 0.005 bet on the NBA at 2387.4 odds. This daring decision ended up leading to a major win, netting the brave player nearly 12 BTC winnings from their bet. That is over €40,000 for around 16 Euros – not bad, right?

Accumulator bets can be quite the use case. Another noteworthy case involved a sportsbook player placing a humble 0.05 BTC stake in a portfolio comprising seven results combining MMA and basketball. She got the seven correct and took home 2.1455 BTC, a massive gain. And depending on the individual odds, you can combine up to ten sporting events to much higher returns – the sky is the limit.

And apart from the NBA and basketball, there are a lot more sports there with great, juicy odds up for grabs – you can bet on the soccer, at the UEFA Champions League, or on MMA’s top event – the UFC.

Our bitcoin casino also has super small minimums [starting at 0.001 BTC]. So after you win some sports bets, you can join some of our biggest bitcoin winners ever at our casino lobby.

So what are you waiting for? Join now, make a deposit, and make your dreams come true.

For more in-depth discussions on all things crypto, tune into our In the Cloud section and follow us on Twitter.

The original version of the article was published by Cloudbet and is part is part of the Cloudbet Blog’s series on big-picture blockchain stories. For more in-depth discussions on all things crypto, tune into our In the Cloud section and follow us on Twitter.



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Press Release

Are Blockchain Casinos on the rise?

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Are Blockchain Casinos on the rise?
Source: Pixabay

Over the years, the online casino industry has gone through many changes with new technology allowing for better payment methods and software on the sites. One of the newer additions to online casino sites is blockchain and sites that use this.

Here, we are going to discuss whether we think that blockchain casinos are on the rise or not. Keep reading if you’d like to find out more about these casino sites.

What Is A Blockchain Casino?

Blockchain technology is essentially a system that allows digital information not to be copied when it is being distributed. This technology originally started out as a method for Bitcoin which is a cryptocurrency and now is present in many online casinos. Blockchain was first invented in 1992 and since then it has come a long way.

A blockchain casino is a safe and secure casino that uses this special technology to pass the information on. There are many new casino sites that are already using blockchain technology but is the number of these still rising?

Why A Blockchain Casino?

You might be wondering about the advantages of blockchain casinos and why many casino operators are making the switch to this technology. The main reason for this is that there are many advantages to using this technology. Firstly, there is more transparency and trust and there is also a reduced risk of fraud.

This is something which is very important to many players at online casinos as they want to make sure that they are not passing their details onto a company that is going to sell it on.

When a casino uses blockchain technology, they can also allow players to make payments with cryptocurrencies like Bitcoin which are becoming even more popular in recent years. Of course, there are many other advantages of using a blockchain casino both for the player and the operator. For this reason, we have seen a rise in the number of blockchain casinos online right now.

Issues With Blockchain

There are some minor issues with blockchain casinos that operators are working hard to resolve as soon as possible. The fact that it is new means that there are some general infrastructure issues and the transactions can go through a lot slower than some players would like. Of course, these issues are set to be resolved sooner rather than later.

The Rise Of Blockchain Casinos

From the research done by companies interested in blockchain casinos, it is clear that these casinos are on the rise. In the first quarter of 2019 alone, there was $1 billion of TRON cryptocurrency gambled online. This is a lot of cash and it shows that players are not afraid to try out this new type of casino when it comes to spending their own cash.

Research also suggests that this income came from over 432,000 users which are a lot more people than it would have been in the past when this technology was first invented.

Of course, it is also important to note that the online casino industry is growing at the same time as the popularity of blockchain casinos. It is expected that the online casino industry will earn more than $50 billion this year which is a lot of cash.

With more people playing online in general and the technology improving so much – it is expected that blockchain casinos will become even more popular as time goes on.

Final Verdict

It is clear that blockchain casinos have been on the rise for a while now and they don’t plan on stopping any time soon. As the technology gets more advanced and players can be sure that their details are going to be kept safe, these casinos are set to become even more popular.

On top of this, online casino regulators can rely on technology when it comes to ensuring casino operators are sticking to the regulations. Look out for the rise of blockchain casinos as time goes on and more casino operators start to make the switch to this technology.

We expect more payments being allowed in Bitcoin form as well as the other cryptocurrencies that are gaining a bit of momentum right now.

Source: Buzz Engine

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