A historic event has just taken place in the world of online bitcoin casinos, as a player at Cloudbet.com has just been able to walk away with a huge 160 BTC win from a single session. The prize is equivalent to just over €750,000, and the player was able to make this incredible sum of money in just one live dealer baccarat session. Even Cloudbet have termed this as the biggest win in their history.
The player stands to make a huge sum of money with this victory, as bitcoins prices have skyrocketed in recent months. The prices have broken through the $6000 barrier for each bitcoin after witnessing a rise of more than 800% in just 12 months. Bitcoins have found a lot of favour not just as an investment tool, as it manages to hold several advantages compared to regular Fiat currencies. Bitcoins allow for players to game with higher limits, while they are also able to cash out much faster than the Fiat operators. Furthermore, the transaction fees are extremely low and the player can also protect their identity since bitcoins are not regulated in most parts of the world.
Began in 2013, Cloudbet has quickly established itself as one of the top casino and sports betting platforms that only accept bitcoins. This is a sizeable shift from the industry which is just slowly moving towards crypto currencies. Even though Fiat currencies still have a sizeable portion of the market share, Cloudbet is doing its best to stay in touch with the modern times by offering a welcome bonus offer – after the first deposit matching at 100% up to 5 BTC.
Cloudbet casino head Leandro Rossi claimed that the speciality of the institution happens to be high limits in both sportsbook and casino offerings. Even then, they have not witnessed a victory of this magnitude. Rossi claimed that he would like to see more players break the record of 160 BTC in the coming months and years.
While the player was able to pocket this incredible sum of money through a session on live dealer baccarat, the casino also offers several other live dealer options. Furthermore, the regular list of categories at an online casino are also featured. Slots, jackpot slots, video poker, Instant Win, bingo, and Keno are the different gaming categories available at Cloudbet. There are more than 600 titles available in these different categories with slots – from popular developers like BetSoft and Play’n GO – having the bulk of options.
Apart from the array of casino games, Cloudbet is also a great destination for betting on sporting events from around the world. Since it is a bitcoin-only platform, Cloudbet removes all of the restrictions placed upon by certain countries with regard to sports betting. Even then, the institution employs responsible gambling solutions so as to prevent players from losing control. Snooker, tennis, American football, motorsports, rugby and soccer are some of the popular sports covered in the sportsbook segment. There is even a section with exclusive focus on the in-play bets.