Esports betting using the cryptocurrency

AfkEsportsBar
4 min readOct 25, 2021

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Cloudbet is a cryptocurrency betting platform, that offers the best in-game betting experience for crypto enthusiasts.

The company was founded by Sam Davies, a professional poker player, and Chip Seigel, a professional poker player. Cloudbet is on a mission to bring esports and crypto together and believes the best way to do that is through an in-game betting platform.

The main benefit of using Cloudbet is that you will be able to enjoy all the advantages of cryptocurrency betting. The decentralized nature of the platform enables users from around the world to access it, and the bets are instantly processed.

Cloudbet accepts payments in BTC, ETH, LTC, and DASH. Cloudbet is also the proud sponsor of many esports teams, including Astralis, Gambit, Virtus.pro, G2 Esports, Team Liquid, Team Dignitas, HellRaisers, and many more.

➤ Cloudbet

Coin Fox spoke with Cloudbet CEO and founder Sam Davies about the company’s unique value proposition, and plans for global expansion.

Coin Fox: How would you describe Cloudbet’s value proposition to crypto enthusiasts?

Sam Davies: Cloudbet is a decentralized, instant, transparent, and anonymous esports betting platform.

Cloudbet is a fully decentralized, instant, transparent, and anonymous esports betting platform.

CoinFox: What are your plans for global expansion?

Sam Davies: We already offer betting in 9 languages with 12 currencies and more than 35 countries, but we have a roadmap for 2022 that will see Cloudbet betting available in 50+ countries.

Coin Fox: What are the main differences between Cloudbet and other esports betting platforms?

Sam Davies: Our main goal is to offer the most engaging and highest-quality esports betting experience, while also providing our players with fast, transparent, and anonymous transactions.

Coin Fox: Could you explain the benefits of betting with cryptocurrency for crypto enthusiasts?

Sam Davies: The main advantage of using cryptocurrency is that any bets placed are instantly processed. This means users don’t need to wait for confirmations, and it’s more secure since your transactions are hidden from any third parties.

Coin Fox: What are the advantages of blockchain over traditional payment systems?

Sam Davies: The main advantage of blockchain is security. Unlike traditional payment systems, blockchain ensures that your bets are irreversible and cannot be changed.

Coin Fox: Why did you choose to launch Cloudbet on the Ethereum blockchain?

Sam Davies: Ethereum’s smart contracts are very flexible, which allows us to use our tokens for a number of different purposes.

Coin Fox: What are the plans for your token, Cloudbet (CBET)?

Sam Davies: CBET is an ERC-20 token and is an esports betting token, which users will convert into betting points. Betting points will then be used to redeem Cloudbet services.

Coin Fox: Are there any plans to integrate other tokens in the future?

Sam Davies: Yes, we’re working on adding support for more tokens in the future.

Coin Fox: What are your main plans for 2022?

Sam Davies: We’re focusing on improving our services and delivering the best esports betting experience. We’re currently working with leading esports organizations to provide their members with an even better betting experience.

Coin Fox: Could you tell us about the Cloudbet team?

Sam Davies: We’re a 16-person team located in London, London, and Amsterdam.

Coin Fox: Could you give us a brief history of Cloudbet?

Sam Davies: Cloudbet was founded in 2018.

Coin Fox: Do you have any competitors?

Sam Davies: There are plenty of competitors in the esports betting space, but we believe we offer the best experience.

Coin Fox: What are your plans for Cloudbet’s PR strategy?

Sam Davies: We’re planning to launch a comprehensive PR campaign in 2022.

Coin Fox: Could you tell us about the Cloudbet token distribution?

Sam Davies: CBET is an ERC-20 token and is an esports betting token, which users will convert into betting points. Betting points will then be used to redeem Cloudbet services.

Coin Fox: How do you plan to attract users to the Cloudbet platform?

Sam Davies: We have a fantastic range of features that allow users to get the most out of Cloudbet. We’ll continue adding new features and expanding our services in 2022.

Coin Fox: What are the advantages of betting with cryptocurrency for esports organizations?

Sam Davies: Esports organizations will benefit from the instant and anonymous nature of cryptocurrency transactions.

Coin Fox: Which are the benefits of betting with cryptocurrency for casual bettors?

Sam Davies: Cryptocurrency betting offers immediate, transparent, and anonymous transactions. This means that bettors can enjoy better odds, and it’s a lot more secure than betting with fiat.

Coin Fox: What are the main advantages for casual bettors?

Sam Davies: Cryptocurrency betting offers immediate, transparent, and anonymous transactions. This means that bettors can enjoy better odds, and it’s a lot more secure than betting with fiat.

Coin Fox: What are the main advantages for esports organizations?

Sam Davies: Esports organizations will benefit from the instant and anonymous nature of cryptocurrency transactions.

Coin Fox: What are the main advantages for betting companies?

Sam Davies: Betting companies will benefit from the instant and anonymous nature of cryptocurrency transactions.

Coin Fox: Could you tell us about your plans for the future?

Sam Davies: We’ll be focusing on improving our services and delivering the best esports betting experience.

Coin Fox: Would you like to add anything else?

Sam Davies: Yes, we’re currently working with leading esports organizations to provide their members with an even better betting experience.

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Visit our website to learn more about Cloudbet.
https://afkesportsbar.com/cloudbet-esports-review/

Originally published at https://steemit.com on October 25, 2021.

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