Crypto casinos and sports books are transforming the online gambling industry. As crypto adoption swells in the coming years, crypto owners who are using the asset class for more and more of their day-to-day transactions are likely to increasingly turn to sites that allow users to bet their crypto.
Crypto-based newcomers like Lucky Block are attracting new users in droves as they bring the transparency of the blockchain to an industry historically known for being opaque and “dodgy”. Unlike the legacy industry, crypto-based gambling platforms offer near-immediate payouts – crypto wallets are credited as soon as the transaction is confirmed on the blockchain.
As more and more users become aware of the benefits of decentralized blockchain platforms over their traditional, highly centralized peers, crypto casinos and bookies are expected to explode in popularity. This in an industry that is already on the up. According to Custom Market Insights, the industry was worth $58 billion in 2021 and is likely to triple in size to nearly $150 billion by 2030.
Lucky Block – The New Kid On The Block
Since starting life less than a year ago as an NFT-based competition platform, Lucky Block has already proven highly popular. The platform already has significant traction, having secured high-profile sponsorships of famous boxers like Dillian Whyte and Savannah Marshall.
But Lucky Block recently turned up the heat on the traditional betting industry and its crypto rivals. On the 29th of November, Lucky Block released their brand-new Casino and Sportsbook. The platform features a massive range of games and options to appeal to all customers.
Today, we are pleased to announce the debut of Lucky Block Casino and Sportsbook.
Our New full-featured service includes all of your favourite gambling games, including slots, poker, live casino, table games and many more!
— Lucky Block (@luckyblockcoin) November 29, 2022
Lucky Block hopes that its new platform will help the company surpass crypto-betting industry leader Stake.com in value. Stake.com was recently estimated to be worth around $1 billion.
Unlike in the legacy online betting industry, there are no limits to the amount that can be staked in bets and there are no limits on withdrawals. Moreover, Lucky Block charges no fees on deposits or withdrawals (although blockchain network fees apply) and already supports deposits and betting in nine cryptocurrencies, including bitcoin, ethereum, USDT, Litecoin and Dogecoin.
For non-crypto native users, Lucky Block allows users to buy cryptocurrency using their credit or debit card on the platform, and plans to integrate Apple and Google Pay in the future. The minimum deposit amount is just $1.0. The platform has already garnered glowing reviews on prominent crypto casino and bookie review websites, including cryptonews.com, insidebitcoins.com and business2community.com.
Lucky Block’s Amazing Offer For New Customers
To help spur its growth, Lucky Block is offering the new users of its Casino and Sportsbook 15% cashback on any losses made during the first seven days following registration. All users have to do is contact customer services on their eighth day following sign-up and state which cryptocurrency they prefer to receive their cashback in for losses on the previous seven days.
The first day of sign-up is considered as day 1. For example, should a user sign up on Monday, Sunday will count as the seventh day. So they will not be eligible for cashback on any losses incurred the following Monday. If a new user’s account is not in a net loss after seven days, they will not be eligible for any cashback. Lucky Block outlines a scenario to make things clearer.
“You deposit 50 euros and start playing. You win and get a balance of 120 euros, which you decide to withdraw. At this moment your net profit is 70 euros. Then you make a new deposit of 90 euros, whereupon you win 250 euros, but then you lose all your balance. That would make your total net deposit losses €20 (€70 – €90). In this case, you accumulate a cashback of 3 euros (15% of your 20 euros of net losses).”
As an added bonus as part of our marketing campaign, users who deposit and wager any amount will be eligible for the $10,000 #LBLOCK Airdrop, which will go live in December.
— Lucky Block (@luckyblockcoin) November 29, 2022
Meanwhile, new users that make a wager of any amount will be eligible for an airdrop of $10,000 worth of Lucky Block’s native LBLOCK token. The airdrop will go live in December. Investors can buy Lucky Block’s LBLOCK token on the following centralized exchanges: Gate.io, MEXC and LBank.
Lucky Block - Undervalued Crypto
- Listed on Gate.io, LBank, MEXC, PancakeSwap
- NFT Competitions, Jackpot Draws
- Powers Casino & Sportsbook Platform - luckyblock.com
- 10,000 NFTs Minted
- $2M+ in Prizes Awarded
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