In it’s latest blog post Cloudbet announced it will be accepting Ethereum on it’s sports betting platform.
Obviously with a big news like that you can bank on some exclusive bonuses. Cloudbet doesn’t disappoint and offers new players a 100% Welcome bonus up to 5 ETH.
Why would you choose ETH over BTC?
Bitcoin is by far the biggest cryptocurrency so why would you choose to bet with anything else?
As we can learn from cloudbet’s blog post, there are several advantages to betting with ethereum:
- faster and cheap transactions compared to BTC
- especially suited to live betting where things happen fast
- great for taking advantage of arbitrage opportunities
- ideal for securing value from a tip before the odds move
- a good choice if time is very valuable to you, often the case with VIPs
- a good choice if you want any profits to be immediately available to withdraw
Is Cloudbet a good choice for betting with ethereum?
Cloudbet has been in the industry since 2013 and is still going strong.
For an in depth evaluation of their platform I recommend you check out our Cloudbet review, where we have a deeper look at their available betting options, deposit and withdrawal methods, customer support and overall look and feel.
If you don’t have time for that though and are simply looking for an established bookie offering good bonuses, decent selection of betting options and supporting BTC, BCH and ETH then I would definitely recommend you give them a try!
To find more opportunities to gamble with ethereum make sure to checkout our ETH gambling page where we compare top casino and sports betting platform accepting this cryptocurrency.