Cloudbet offering a bonus of $33,000

**moojoo** · 06-20-18, 03:06 AM

Yes but its not Fp or cash. After you rollover x amount they relese x amount to your acc.

**TheMoneyShot** · 06-20-18, 04:59 AM

Exactly. One of the dumbest bonuses I ever heard of.

**Optional** · 06-20-18, 05:55 AM

Originally posted by ronald

Has anyone done this? Apparently they offer a 100% bonus up to 5 BTC, which is approximately $33,000 USD at the moment.

If you went the max you would have 365 days to earn 400,000 loyalty points to redeem the full bonus in 500 increments as you accumulate each 800 points.

You earn loyalty points at a rate calculated as the square root of the odds - 1 and then multiplied by your stake

So betting at +100 you would get 410 points per 1 BTC you bet.

Meaning you need to turn over 18.75 BTC per week avg to redeem it all at average odds of +100 (975 btc total bets within a year)

At -120 average odds you get 350 points per 1 BTC. (22 BTC a week)

At -150 avg you get 290 points per 1 BTC. (26.5 BTC wk)

**TheMoneyShot** · 06-20-18, 09:01 AM

Originally posted by Optional

If you went the max you would have 365 days to earn 400,000 loyalty points to redeem the full bonus in 500 increments as you accumulate each 800 points.

You earn loyalty points at a rate calculated as the square root of the odds - 1 and then multiplied by your stake

So betting at +100 you would get 410 points per 1 BTC you bet.

Meaning you need to turn over 18.75 BTC per week avg to redeem it all at average odds of +100 (975 btc total bets within a year)

At -120 average odds you get 350 points per 1 BTC. (22 BTC a week)

At -150 avg you get 290 points per 1 BTC. (26.5 BTC wk)

I just don't get CloudBets garbage.

This isn't a bonus....

It's like a loyalty program.

And who knows even if you'd ever see the 33k? lol They could keep your original 5 BTC that you sent.... and say buh bye.

**sNoWmAn2169** · 06-20-18, 09:09 AM

Yea, sounds like something for suckers. Would stay away from that after reading all the negative things about cloudbet.

**raiders72001** · 06-20-18, 09:01 PM

Originally posted by TheMoneyShot

Exactly. One of the dumbest bonuses I ever heard of.

agree and there are too many problems at Cloudbet.

**ronald** · 06-21-18, 01:17 AM

Thanks to everyone for their input.

**PowerMoves** · 06-21-18, 01:36 AM

If it sounds to good to be true, it usually is...

**xKMACKx** · 06-22-18, 10:35 PM