How the World’s First Bitcoin Casino Started With Leandro From Cloudbet
LX: Hi, I’m Leandro. My team and I created Cloudbet, one of the world’s oldest bitcoin betting sites. We operate an online sportsbook and casino, much like many other Internet betting operators, with the one major and obvious differentiator being that our deposits and withdrawals are all in cryptocurrency. All bets are placed in one of the 12 coins that we support.
I say we’re the “oldest” which makes us sound geriatric, but that just speaks to the relative youth of cryptocurrencies and all their related services and industries. In reality, Cloudbet officially launched in October 2013 — that’s when we took our first bet. Incidentally, that bet was on K-League soccer in South Korea and it was worth 0.12 bitcoin — just $24 at the time! Like bitcoin, we’ve come a long way since then, we’ve taken millions of bets and we’ve now got more than 200,000 registered customers all around the world.
LX: This story starts with abject curiosity and diving into a bitcoin Internet rabbit hole at some point in 2012, which led us to the realisation that bitcoin can solve so many problems and challenges that exist in payments for gambling.
