iGaming

Blockbet

How Blockbet Acquired 803 Crypto Bettors at $37.36 CPA with Blockchain-Ads

Blockbet
803
Players Acquired
850K+
Impressions
$1.07
Blended CPC
3.25%
Blended CTR
Campaign Type
Display
industry
iGaming
Duration
45 days
Total Ad Spend
$30,000
Key Markets
Global
Primary KPI
Cost Per Acquisition (CPA)
Objective

New player acquisition for crypto sports betting and casino products

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About
Blockbet

Blockbet is a decentralised crypto sportsbook and casino accepting all major cryptocurrencies. It offers sports betting and casino products with a 200% deposit bonus up to $1,500 for new players. It targets crypto-active sports bettors, stablecoin holders, and high-value casino players who prefer blockchain-based gambling over traditional fiat alternatives. The campaign ran for 45 days to build a base of recurring crypto bettors from qualified on-chain audiences globally.

  • Target Audience: Crypto-active sports bettors, stablecoin holders, and high-value casino players seeking blockchain-native gambling platforms
  • Growth Stage: Scale-up

A note on attribution: Blockbet's paid acquisition runs through a network of specialist affiliate partners. Multiple Blockbet-aligned affiliates operate independent campaigns on Blockchain-Ads, each with its own creative, audience, and geo focus. This case study documents one of those affiliate-managed campaigns. It is presented as representative of the kind of result Blockchain-Ads enables for Blockbet-aligned advertisers, not as a single Blockbet corporate campaign. Results across affiliate partners vary based on segment focus and creative discipline.

The Challenge

Blockbet needed to reach crypto-native sports bettors and casino players who would register and deposit on a blockchain-based platform. This is a conversion requiring verified crypto wallet holders with both gambling intent and stable funds to deploy.

Four obstacles stood in the way:

  • Platform restrictions: Google and Meta restrict crypto gambling platform promotion, leaving no compliant path to crypto-active sports betting and casino audiences at scale.
  • Audience specificity: Blockbet needed users at the intersection of crypto nativity, sports betting engagement, and stablecoin holdings, a segment interest-based targeting cannot isolate.
  • Deposit quality: Reaching users who would make meaningful deposits required stablecoin and crypto wallet holders with funds ready to deploy, not casual observers.
  • Platform awareness: Blockbet was competing against established crypto casino brands. Creatives needed to lead with the $1,500 deposit bonus to convert users already evaluating competing platforms.

Why Blockchain-Ads

Google and Meta restrict crypto gambling promotion across most global markets. Blockbet needed a network with verified crypto-active audiences and compliant iGaming inventory at global scale. Standard ad networks had no reliable signal for stablecoin holdings, crypto deposit behaviour, or sports betting engagement among blockchain-native users.

Blockchain-Ads was the only network that could cover all three through four capabilities:

  • On-chain wallet targeting: Campaigns reached stablecoin holders and crypto-active wallets with verified deposit and gambling engagement history, not interest proxies.
  • iGaming publisher inventory: The network covered crypto sports betting, casino, and gambling content publisher environments where Blockbet's target audience was already active.
  • Bonus-led creative alignment: Targeting was paired with the 200% deposit bonus up to $1,500 to convert users already comparing crypto casino welcome offers.
  • Global reach: The platform delivered qualified crypto-active and sports betting audiences across multiple regions throughout the 45-day campaign window.

Campaign Results

  • 803 crypto bettors acquired across a 45-day global campaign.
  • CPA: $37.36 per player acquired.
  • Impressions: 850K+ delivered globally across display formats.
  • CTR: 3.25% blended across all formats.
  • CPC: $1.07 blended across the full campaign.
  • Total clicks: 28,013 driven to the Blockbet registration page.
Selected Ad Examples

Campaign Strategy

Phase 1: Learning (Weeks 1–2)

The campaign launched globally across stablecoin holder and sports bettor wallet segments with display formats.

Two creative angles ran simultaneously:

  • A deposit bonus angle leading with the 200% deposit bonus up to $1,500 alongside sports imagery.
  • A platform authority angle positioning Blockbet as the leading crypto sportsbook and casino.

Multiple ad variants were tested across both angles. This was to identify which combination of offer framing and imagery drove the lowest cost per registration among crypto-active gambling audiences.

Phase 2: Consideration (Weeks 3–4)

Data from Phase 1 identified stablecoin holders and high-value casino player segments as the strongest converters. The deposit bonus angle outperformed the platform authority angle on registration rate among users already holding stable crypto funds. Budget shifted toward the deposit bonus creative. The platform authority angle was retained for targeting sports bettor segments unfamiliar with Blockbet. Retargeting was introduced to re-engage users who had clicked through to the Blockbet registration page without completing sign-up or deposit.

Phase 3: Acquisition and Retargeting (Weeks 5–6)

The campaign concentrated spend on the deposit bonus angle across verified stablecoin holder and high-value casino player segments globally. Retargeting layers re-engaged users who had visited the platform without registering or depositing. The deposit bonus creative was "200% Deposit Bonus Up to $1,500: Play Now." And it drove the highest retargeting conversion rate among users already aware of the platform and comparing welcome offers. The retargeting layer delivered a meaningful share of the campaign's 803 acquired players in the final two weeks.

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