Named after the March Madness basketball competition this month, the campaign will seek to incentivize players into betting more on college basketball games.
The campaign will ask for participants to guess which teams will make the Sweet 16 Round, first with a $5,000 Bitcoin prize pool on the line. Once this is sorted out, the campaign will continue with two lucky draws.
Participants will get a chance to win an Elite Eight team jersey as well as gain access to more Bitcoin bonuses following the Championship Round.
A Cloudbet spokesperson had this to say on the occasion: “We welcome anyone who’s into March Madness Bitcoin betting. It doesn’t matter if you’re a Gonzaga or Michigan fan.”
Cloudbet continues to run intuitive bonus options designed to appeal to sports fans from all over the world.
Previously, Cloudbet introduced a number of zero margin games where the sportsbook refused to charge any additional fees, allowing sports fans to keep the full amount of their wagers.
Cloudbet is known for its focus on low-margin odds and you can expect the platform to be always there when there is a big sports event to bet on with Bitcoin.