Crypto sports betting site Cloudbet has recorded a sharp acceleration in wagering volume across its top markets in the first quarter of 2026, with basketball bettingCrypto sports betting site Cloudbet has recorded a sharp acceleration in wagering volume across its top markets in the first quarter of 2026, with basketball betting

Crypto Bettors Are Leaving Traditional Sportsbooks Behind — Cloudbet’s 2026 Numbers Show Why

2026/03/20 23:00
5 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Crypto Bettors Are Leaving Traditional Sportsbooks Behind — Cloudbet’s 2026 Numbers Show Why

Crypto sports betting site Cloudbet has recorded a sharp acceleration in wagering volume across its top markets in the first quarter of 2026, with basketball betting volume nearly doubling year-on-year and tennis and soccer posting gains of close to 50% and 30% respectively over the same period in 2025. The figures point to a broader shift in how and where serious sports bettors are choosing to operate — away from traditional sportsbooks and toward crypto-native sportsbooks built for speed, depth and high-stakes action.

“Nobody is surprised that basketball, soccer and tennis top the list — but the way they top it tells you something interesting about how crypto bettors actually behave,” said a Cloudbet spokesperson. “Soccer draws more individual bets than any other sport on our site, but basketball ranks higher when you measure by the total money placed. That gap reflects the difference between recreational bettors placing frequent smaller stakes on familiar matches, and higher-value players making larger, more deliberate bets — often on live markets where odds move fast and instant deposits actually matter. Crypto isn’t just a payment method for these players. It’s what makes the strategy viable.”

Why Basketball and Esports Are Dominating Crypto Sportsbook Volume in 2026

Cloudbet’s internal data for the 2026 year-to-date period (January 1 through March 20) places basketball as the site’s highest-volume sport ahead of tennis and soccer — a ranking that reflects both the NBA’s global reach and the outsized engagement driven by tournament betting windows such as the NCAA Tournament. Soccer, notably, attracts more individual bets than any other sport on the site, but ranks third when measured by total money placed — a frequency-versus-stakes split that speaks to the different bettor profiles each sport draws.

What is arguably more significant from a market-structure perspective is the emergence of esports as a substantial fourth tier. Dota 2, League of Legends and Counter-Strike collectively represent the fourth through sixth largest categories by betting volume on the site YTD — a distribution that traditional sportsbooks, built around legacy sport infrastructure, are structurally less equipped to serve. Crypto-native bettors skew younger and internationally distributed, and their wagering behaviour increasingly spans both traditional and competitive gaming markets within a single session.

Cloudbet currently covers 40+ sports and esports markets, spanning everything from major league fixtures and international tournaments to niche competition formats that attract specialist volume.

How Cloudbet’s Crypto Sportsbook Outperforms Traditional Betting Sites

The case for crypto in sports betting is operational as much as ideological. Three practical advantages consistently drive volume to crypto-native sites over their traditional counterparts:

●     Instant deposits. On-chain transactions clear in seconds across Bitcoin and 30+ supported cryptocurrencies. When odds shift — as they do constantly during live events and around breaking team news — bettors on crypto sites can act immediately. Bank transfers, card processing windows and withdrawal holds don’t exist in the same form.

●     High limits without a ceiling. Traditional sportsbooks cap bet sizes based on their own liquidity exposure — and routinely restrict or close accounts that win consistently. Cloudbet approaches this differently on two fronts. Its proprietary trade execution engine aggregates liquidity from the largest sportsbooks worldwide into a single pool, enabling bets of virtually unlimited size that no single operator could otherwise absorb. For high-stakes players specifically, Cloudbet launched Whale Mode in January 2026 — an automated system that takes large wagers, such as six-figure bets on major events, and fragments them into market-optimised positions that execute efficiently without moving the line. The result is institutional-grade execution for individual bettors, with full position tracking throughout. Neither feature exists in the same form at a traditional sportsbook.

●     Market depth. Covering 40+ sports and esports markets with competitive odds and live in-play betting across all of them requires a site architecture that legacy sportsbooks built for a different era struggle to replicate at the same quality level.

About the Data

Figures cited reflect Cloudbet internal site data for the period January 1 – March 20, 2026 (UTC), compared against the equivalent year-to-date window in 2025. Year-on-year growth figures are calculated on a like-for-like calendar basis.

For the full range of sports and esports betting markets, visit the Cloudbet Sportsbook.

About Cloudbet

Founded in 2013, Cloudbet is the world’s longest-running crypto casino and sportsbook. Over the past decade, players worldwide have placed millions of bets using over 30 different cryptocurrencies. In 2024, Cloudbet introduced the most generous welcome offer and loyalty program online, featuring stacked rewards and guaranteed daily cash drops for frequent bettors.

With a wide selection of slots, live casino games, and sports markets—ranging from esports to Premier League and NFL player props—Cloudbet is the leader in secure crypto betting. Visit us at Cloudbet.com; Instagram (@cloudbetofficial); Twitter/X (@Cloudbet).

Press contact: irene@media.cloudbet.com

The post Crypto Bettors Are Leaving Traditional Sportsbooks Behind — Cloudbet’s 2026 Numbers Show Why appeared first on Metaverse Post.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Uphold’s Massive 1.59 Billion XRP Holdings Shocks Community, CEO Reveals The Real Owners

Uphold’s Massive 1.59 Billion XRP Holdings Shocks Community, CEO Reveals The Real Owners

Uphold, a cloud-based digital financial service platform, has come under the spotlight after on-chain data confirmed that it safeguards approximately 1.59 billion XRP. According to Uphold’s Chief Executive Officer (CEO), Simon McLoughlin, these tokens are fully owned by customers, not the exchange itself.  Uphold Clarifies Massive XRP Holdings The crypto community was taken by surprise […]
Share
Bitcoinist2025/09/18 00:30