May The Fork Be With You: Bitcoin Casino Cloudbet Unveils Bitcoin Cash Giveaway

Leading crypto sportsbook and casino Cloudbet becomes first to honour bitcoin fork

Montenegro - April 16, 2018 —

Leading bitcoin sportsbook and casino Cloudbet is offering its users the chance to share a considerable cryptocurrency windfall. Players who held bitcoin in their Cloudbet accounts on August 1st, 2017, at the time of the bitcoin fork, 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 the platforms intention to offer crypto bettors more choice of coins with which to bet.

Mirio Mella, Cloudbet’s Head of Acquisition had these words to say about the platform;

“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. 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.

Learn more about the Cloudbet website: www.cloudbet.com
Follow Cloudbet on Twitter for latest news and promotions: @Cloudbet
Find Cloudbet on facebook here – https://www.facebook.com/cloudbet
Join the Cloud bet community on Bitcointalk – https://bitcointalk.org/index.php?topic=333552.0;all
Check out Cloudbet on Reddit – https://www.reddit.com/r/cloudbet/

Media Contact

Contact Name: Christian Brown
Email: press@cloudbet.com
Location: Montenegro

Cloudbet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

Contact Info:
Name: Christian Brown
Email: press@cloudbet.com
Organization: Cloudbet

For more information, please visit https://www.cloudbet.com/en/

Release ID: 330835

More Press Releases

UK lawmakers: 'Wild West' cryptocurrencies need regulation

Sep 19, 2018

LONDON — British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of control to a market that more resembles the "Wild West." In a report on digital currencies published Wednesday, the Treasury Select Committee called for regulations to protect consumers and prevent money laundering. Lawmakers highlighted a rapidly emerging industry that's been troubled by wild price swings, allegations of fraud and worries it could be used to finance criminal or terrorist activity. Virtual currencies, also known as tokens, are electronic alternatives to traditional money. The appeal of cryptocurrencies like bitcoin...

Port wine? Feta? Brexit may spell trouble for famed EU names

Sep 19, 2018

PINHAO, Portugal — The scorching late summer sun of northern Portugal is ripening the black, super-sweet grapes that will go to make what European Union rules say is the only wine in the world that can be called port. Winemaking has for centuries been a way of life for many families here in the picturesque valley of the River Douro. It's a tradition the EU regulations are designed to protect. "If it wasn't for wine, the Douro region would be on its knees," says 59-year-old Jose Pereira, a foreman for the Rozes port wine producer, as behind him two dozen...

Global shares rise as traders shrug off new China-US tariffs

Sep 19, 2018

TOKYO — Global shares were mostly higher Wednesday despite jitters over the escalating trade dispute between the U.S. and China. KEEPING SCORE: France's CAC 40 edged up 0.3 percent to 5,380.16, while Germany's DAX gained 0.2 percent to 12,185.36. Britain's FTSE 100 was flat at 7,301.46. U.S. shares were set to rise with Dow futures up 0.1 percent at 26,325. S&P 500 futures were flat at 2,911.80. ASIA'S DAY: Japan's benchmark Nikkei 225 added 1.1 percent to finish at 23,672.52. Australia's S&P/ASX 200 was up 0.5 percent at 6,190.00. South Korea's Kospi was virtually unchanged at 2,308.46. Hong Kong's Hang...

Asian shares rise as traders shrug off new China-US tariffs

Sep 19, 2018

TOKYO — Asian shares were mostly higher Wednesday, despite jitters over the escalating trade dispute between the U.S. and China. KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.4 percent in early trading to 23,741.29. Australia's S&P/ASX 200 rose 0.4 percent to 6,195.70. South Korea's Kospi slipped 0.3 percent to 2,303.34. Hong Kong's Hang Seng advanced 1.0 percent to 27,355.73, while the Shanghai Composite also jumped 1.0 percent, to 2,726.27. TRADE TENSIONS: The administration of President Donald Trump has decided to impose tariffs on an additional $200 billion of Chinese goods. China responded by saying it will go ahead with plans...

The Latest: China's premier appeals for global support

Sep 19, 2018

NEW YORK — The Latest on the U.S.-China trade war (all times local): ___ 11:30 p.m. China's No. 2 leader has appealed for global support for free trade following tit-for-tat U.S. and Chinese tariff hikes in an escalating battle over Beijing's technology policy. Premier Li Keqiang said Wednesday in a speech to a business conference that disputes must be worked out through consultation. China announced a tariff hike on $60 billion of American imports on Tuesday in response to U.S. President Donald Trump's increase on $200 billion of Chinese goods. Speaking at the World Economic Forum in the eastern city...

Subscribe to our newsletter!

Your Name

Your Email Address