Cloudbet launches UEFA Euro 2016 Bracket Competition

Cloudbet has launched their Euro 2016 bracket competition, giving users the chance to win up to 300 bitcoins – worth over US$160,000 – for correctly selecting a perfect bracket in the upcoming tournament.

Entering the competition is free, said Cloudbet. From June 6, users can sign-in to their Cloudbet account, and follow the prompts to the Euro 2016 bracket. Here they can select the teams who advance to the Round of 16, Quarter Finals, Semi Finals, and the Final using their interactive team selector.

Anyone who correctly picks the winners for all stages will receive up to 50 bitcoin, with a massive 250 bitcoin given to the user who also correctly picks the overall winner of the tournament.

If multiple users correctly select the teams that advance to each stage, the prize pool for that stage will be shared amongst the winners.

“At Cloudbet, we strive to provide our loyal users with the best online bitcoin betting experience by offering unique and exciting rewards and competitions,” said Leandro Rossi, head of sports at Cloudbet. “The Euro 2016 bracket competition is open to all Cloudbet users, and even if you don’t have a Cloudbet account, you can easily create one in order to take part in this exciting promotion.”

In addition to the Euro 2016 bracket competition, from now until the end of the tournament, Cloudbet users can bet on 1×2, Asian Handicap, and Total Goals markets with super high limits of up to 200 bitcoin for each bet. These limits are unprecedented in the online gambling industry, and are possible only due to bitcoin’s unique properties.

Users will also have the opportunity to make live In-play bets, such as next goal, next goal scorer, corner kicks, next booking, penalty shootout goal scorer, correct score and many more, adding even more excitement to the bitcoin betting experience.

The 2016 European Championship kicks-off in France on June 10, and runs through until July 10.