On June 17, 2020 the English Premier League returns. The countdown is on…
To celebrate, Cloudbet is marking the occasion by offering zero margin bets on all of the 92 remaining matches in the 2019/20 season.
What does that mean? It means Cloudbet takes nothing for placing your bet and winners win bigger. Here we give you a run down of the promotion and how it works.
This offer is available to all Cloudbet customers with an account – which you can set up in minutes by clicking here and following the simple step-by-step instructions. All you need to sign up is an email account and to answer some basic questions. including age and phone number verification. You can also sign up simply by using your Google or Facebook account. (Existing Cloudbet account holders will also need to verify their phone numbers to enjoy the zero margin campaign.)
Ready to play?
Ahead of each game, Cloudbet will open a window – 12 hours or so before kick off – through which zero margin bets of up to US$1000 (in equivalent) can be placed by as many as 1000 customers. The window for each match will close once the match cap has been reached (equal to $1000 x 1000), or when the ref’s whistle blows – whichever happens first.
Cloudbet is offering three markets on each game: 1×2 (win/draw/loss), Asian handicap and total goals.
Multiple bets per match are allowed, provided the total amount of potential winnings does not exceed the US$1,000 equivalent value in USDT, Bitcoin, Bitcoin Cash or Ethereum. Cloudbet will not be taking parlays on zero margin bets and only one account per player/household/IP/device is allowed.
What is margin?
That’s a great question. It’s the kind of thing you may think you know a bit about, or are vaguely aware of, but would struggle to actually explain to a friend.
Margin is essentially the price you pay to a bookmaker to take the risk of placing your bet. Think of it as the price you pay to play. This zero margin offer means that Cloudbet is letting you place your bets at no commission, meaning you get bigger winnings when you win.
For those wanting a more comprehensive explanation, we offer more detail here.
New to crypto? No problem
Although Cloudbet is a cryptocurrency platform, Cloudbet has made it no more difficult to get started than if it wasn’t.
At the Cloudbet site you can buy and deposit a number of cryptocurrencies seamlessly, using a credit card, debit card or Apple Pay. Getting started has never been simpler.
Your step-by-step guide can be found here.
It pays to sign up
Cloudbet offers a welcome bonus for first-time depositors, matching 100% their deposit of up to 5 BTC/BCH/ETH or 1000 USDT. Bonus funds are unlocked via loyalty points earned when you play in our sportsbook, esports or casino. Although they won’t be earned on zero margin bets placed during this promotion, they will for other positions taken at our regular best market odds and are a great way to earn more crypto and help build your stack long after the EPL season has ended.
Cloudbet’s best odds still on offer
Finally, while Cloudbet is excited to offer this promotion, it also stands by its long-time commitment to offering some of the best odds and lowest margins out there, as well as some of the highest limits available. Once the zero margin window closes, players can still bet at highly competitive regular market prices, while anyone looking to lay some action above the promotion limit while the zero margin window is open can still do so.