Cloudbet

[BTBAM]

I am looking to add a Bitcoin bookmaker affiliate ad to my website where the punter can deposit, bet and withdraw entirely in Bitcoin.

I am considering Cloudbet but their regulator is known to be very lax and effectively useless. They are quite new which is a concern however this applies to all Bitcoin bookmakers.

I approached their live chat as a new customer inquiriung about the new customer signup bonus and they have a complicated formula to release the bonus funds which is quite difficult to achieve for most bettors especially with the max limits on the bets and the timeframe to complete it so while they advertise a 5 BTC bonus which can get peoples attention they have made it effectively impossible to achually achieve it however my main concern before adding an affiliate ad is this...

Player fund security!

I do not want to recommend a bookmaker who will disappear overnight with all the player funds. Cloudbet seem to be quite legit however there is the issue with the regulator and I can't get their accounts to gain an insight into their profitability.

Secondly their commission on the sportsbook is 0.2% of turnover which is pretty poor.

If you are an affiliate for Cloudbet what is your impression of them and what do you view as the pros and cons?

Thanks.

 

[TJ Moore]

I noticed your comment here. Mentioning this Crypto book paying 0.2% of Sportsbook Turnover.
Is that 2% or 0.2%?

I don't know what a good handle rate is because it's not commonly used by most affiliate structures.
I've heard some PPH affiliate programs paying 1-2% on customer handles which is a multiplier of 0.02 x $100 = $2
Earning $2 from every $100 wagered is actually a very good rate.
So if 2% (0.02%) on handle (wagers placed) this would be a very good number if you had activity.

A $100 avg. wager player could easily do a monthly handle of 10K which is worth $200 just for playing.

If in reality it's 0.2% = 0.0002 multiplier X $100 = you'd make $0.02 per $100 wagered which is really bad.

 

[BTBAM]

Its 0.2% = 0.002
€100 turnover x 0.002 = €0.2

It doesn't seem very appealing versus the usual 30% of net losses offered by UK books for example so I'm wondering if there are affiliates here who have negotiated better terms as I can't imagine people bothering to promote Cloudbet under these terms.

 

[TJ Moore]

Sounds like you should skip on cloudbet.

After 2 mins of research I think either of these two BTC programs could work:

https://www.bitstarz.com/affiliate-program

Standard tiers based on NGR 25-40% Rev.Share

https://sportsbet.io/about/affiliates
Under the same umbrella as this BTC casino group https://bitcasino.io/affiliate-program
Based on monthly FTDs

• Tier 1 = 0 - 15 FTDs required to receive 25% commission
• Tier 2 = 16 - 40 FTDs required to receive 30% commission
• Tier 3 = 41+ FTDs required to receive 35% commission

Doesn't look like bitstars has a sportsbook

Then their is this one similar to the one you mentioned before:
https://nitrogensports.eu/affiliates/

Every time someone you referred to Nitrogen places a bet you’re paid 0.3% of their total wager. A wager is calculated as the lesser of the amount bet or the amount that can be won on a bet. Whether your referral players win or lose, you get paid!

These BTC sites are so bizarre everyone is anonymous.
Good luck contacting someone if you have an issue.

 

[Btting]

They dont payout unless u have 5 'active' players either.

 

[ddm]

what's wrong with BOL, Bovada, mybookie ? @ OP -
all change the deposit to FIAT i guess? [USDT would be optimal, no?]