Cloudbet, a leading Crypto Casino and Sportsbook, recently launched a new Marketplace that includes a 2023 Lamborghini Huracán, Rolex Daytona Rainbow Watch, a trip to the most luxurious resort in the Maldives, and other luxury items that are worth over $500,000.
Cloubet argues that their new Marketplace will set a trend in how Crypto Casinos distribute loyalty rewards. And, I couldn’t agree more.
Typical Loyalty Rewards Programs pre-set the promotions and perks players get by giving them a certain amount of Free Spins, Bonus Cash, or Cashbacks for a required number of points earned. Obviously, the more points you earn, the better the promotions.
Cloubet’s Marketplace lets players pick their own rewards based on Lightning Points that are accumulated by placing bets.
This means that players can spend their Lightning Points in the Marketplace to buy either physical goods (such as the Lamborghini, or a Rolex) or more typical betting products such as Bonuses or Free Spins.
But, what makes this Marketplace so unique, is that players are able to customize their Bonuses and Free Spins by using a slider system that allows them to adjust the bonus amount/bet credit, bet amount per spin, winning payout currency, and also the wagering requirements.
“If a player wants a lot of free upfront betting credit with a higher wagering requirement, that’s great. If they prefer less credit and as low as a 1x wagering requirement, they can have that too,” Cloudbet wrote.
Here’s What You Need To Know:
- Ways to Earn Lightning Points
- Move up Through the Loyalty Levels
- Refer Your Friends
- Shop at the Marketplace
There are two ways to earn Lightning Points:
- Placing Real Money Bets
- Referring Friends that make real Money Bets
Here’s the thing. Other Crypto Casinos generally tie loyalty points to deposits or losses and some actually also reset your loyalty points completely.
At Cloudbet, it does not matter if you’re on a winning (or a losing) streak or how many deposits you make. As long as you or your referred friends make real money bets, you accumulate points.
Move Up Through the Loyalty Tiers
As you collect Lightning Points, you’ll move up through the Loyalty Tiers. Every level has its own perks but what makes these levels so attractive is that you earn more Lightning Points per bet, the higher your status level is.
The Loyalty Tiers for the Casino and Sportsbook are separated, which means that you could potentially be both a Silver Tier Sportsbook player or a Sapphire Tier Casino player.
These tiers also change the way you earn points, which you can check by clicking on the ‘’more details’’ arrow below a game in the Casino.
On the Sportsbook, the initial reward for Bronze Tier is currently 0.12% when you wager on high-limit events with standard margins. But, again, the higher your level, the higher the percentage.
Refer Your Friends
Cloudbet offers you a chance to earn lifetime commissions on your friends’ bets and all you need to do is share a link.
When you open an account at Cloubet, you automatically get a personal referral link. When your friends sign up with that referral link, all bets they place after opening the account earn them Lightning Points as usual.
But, you also earn a percentage of what they are earning. And, the higher your status level, the higher the percentage of your earning power.
Shop at the Marketplace
Here’s the fun part.
You get to decide how you want to spend your points by selecting any of the prepackaged Bonuses and Free Spins with the required number of Lightning Points, clearly visible below the bonus offer.
Now, here’s the really cool part…
Cloudbet Casino Bonus
When you choose a Casino Bonus, you are able to choose the amount as well as the wagering requirements.
In this example, a €1000 Casino Bonus with wagering requirements of 10x is 75,000 Lightning Points. If you adjust the slider to x1 wagering requirements and leave the bonus on €1000, you’ll need 97,500 points to buy the bonus.
The max amount for this bonus is a whopping €10,000 and all the bonuses also give you the option to select your preferred payout currency.
Cloudbet Sportsbook Bonus
If sports betting is your thing, you’ll be able to buy a Sports Bonus by selecting the value and the winning payout currency. The minimum odds and the rollover requirement will remain the same.
Cloudbet Live Casino Bonus
There is also a Live Casino Bonus. Here you’ll need to select a game from the drop-down menu, your preferred winning payout currency, and the value of the bonus.
Cloudbet Free Spins Bonus
And, finally, we get to the Free Spins Bonus. Here you need to select your preferred game, your winning payout currency, the number of Free Spins, and the value per spin.
Cloudbet Exclusive Rewards
And, last but not least, if you manage to earn a monstrous amount of Lightning Points, you also have the option to cash them in for a 2023 Lamborghini Huracán, a Rolex Daytona Watch, or Private Island Maldives Getaway.
|Prize||Worth of Prize||Points required|
|Rolex Daytona Watch||$410,000||59,000,000|
|2023 Lamborghini Huracán||$450,000||22,000,000|
|Private Island Maldives Getaway||It doesn’t say but I’m guessing expensive!||40,000,000|
I don’t know about you but I’m really tired of the typical cookie cutter Loyalty Bonuses.
The concept of Cloudbet’s Marketplace is pure genius and I won’t be surprised if other casinos will adopt this concept very soon.
The bonuses and rewards on offer are incredible and I’m really impressed that you have so many options when customizing your bonuses.
Want to start earning those Lightning Points? Then join Cloudbet by clicking here.
And. Please fill me in if you manage to buy that Lambo!