Bitcasino
Bitcasino
Crypto Casino

Bitcasino

How Bitcasino Lifted 90-Day NGR per Cohort by 38% — and Hit a 4.3x ROAS — with Blockchain-Ads

+38%
90-day Net Gaming Revenue per acquired cohort
1,101
High-LTV FTDs across 23.8M+ verified impressions; 0.41% CTR; $1.01 CPC at scale.
4.3x
90-day ROAS, attributed
−55%
lower CPA — $195 → $89 per FTD
industry
Crypto Casino
Duration
10 months
Key Markets
APAC (Japan, Korea, Vietnam), LATAM, Western Europe
Primary KPI
90-day NGR per Acquired Cohort
Objective

Quality User Acquisition (High-LTV FTDs)

About
Bitcasino

About the Brand

Bitcasino has operated since 2014 as a pioneering crypto-native online casino with global reach. It offers slots, live dealer tables, and games from its original studios. The brand is known for fast withdrawals, multi-asset wallets, and higher-stakes players.

Target Audience: Adult crypto holders with established casino preferences; over-indexed against APAC live-dealer enthusiasts and Tier-1 high rollers.

Growth Stage: Enterprise / Mature Operator.

The Challenge

The goal was to keep growing without sacrificing cohort quality by targeting wallets with larger, longer-tail deposit behavior at a CPA that didn't undercut their margins. But these obstacles made it difficult:

  • Quality plateau. Existing channels were producing volume, but average deposit size and 90-day retention had stagnated.
  • Geo concentration risk. Performance had drifted toward a small number of mature markets. The team needed credible expansion paths into APAC and LATAM.
  • Audience-signal gap. The team could not target demonstrated wallet behavior on the channels they were already running on. Lookalike modeling on email lists had hit diminishing returns.
  • Brand-safety drag. Some open-exchange placements were undermining a brand whose entire equity was built on premium positioning.

Why Blockchain-Ads

A decade of paid acquisition before using Blockchain-Ads had narrowed Bitcasino's sourcing channels into a stable but slowly decaying mix. CPAs were holding, but LTV per acquired cohort was not. Here’s why the team decided to use Blockchain-Ads to solve these problems:

  • Wallet-level audience targeting—a way to reach players defined by what they do on-chain, not what email lists guess.
  • Premium curated inventory — the Web3 publisher network preserved the brand's positioning rather than diluting it.
  • Lookalike modeling on actual depositor wallets — a direct upgrade over CRM lookalikes.
  • Wallet-level retargeting — to re-engage high-intent users without third-party cookies.

Unique Capabilities Leveraged

  • High-balance wallet segments — wallets demonstrating deposit-size patterns matching Bitcasino's existing high-LTV cohort.
  • APAC-focused on-chain segments — Korean exchange depositors, Japanese yen-stablecoin power users, and Vietnamese DeFi traders.
  • Cohort-quality optimization — bidding tuned to predicted 90-day NGR, not raw CPA.
  • Privacy-safe wallet retargeting — re-engagement of connected-wallet visitors who didn't deposit.

Campaign Results

Before Blockchain-Ads → After Blockchain-Ads

  • CPA (per FTD): ~$195 → $89
  • CTR: 0.10% → 0.41%
  • Click → FTD: 0.46% → 1.14%
  • 90-day ROAS: 1.6x → 4.3x
  • 90-day NGR per Cohort: Baseline → +38%

Blockchain-Ads cohorts consistently beat Bitcasino's blended baseline across every key quality metric. They delivered 38% higher 90-day NGR, 29% more second deposits, and 44% stronger live-dealer play. A lower-paid CPA and a higher LTV strengthened unit economics, funding brand marketing the team previously couldn't afford.

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Campaign Strategy

Phase 1 — Learning (Month 1)

Objective: Identify wallet behaviors most predictive of high-LTV deposit patterns.

Actions:

  • Four wallet behavioral segments tested in parallel: High-balance multi-chain holders (>$5K equivalent on-chain), stablecoin power users (Korean Won, Japanese Yen, USD-pegged), Existing crypto casino look-alikes (seeded from Bitcasino's depositor list), DeFi power-users in target geos
  • Six creative variants — premium-positioned, live-dealer-led, and bonus-led variants
  • Geo split: APAC (45%), Western Europe (30%), LATAM (25%)

Insights:

  • High-balance wallet holders converted at parity volume to look-alikes but with 2.7x the average deposit size.
  • Live-dealer creative outperformed bonus-led creative on LTV in APAC; bonus-led won in LATAM.
  • Korean exchange-depositor wallets showed the strongest 90-day NGR profile of any tested segment.

Phase 2 — Consideration (Month 2–3)

Objective: Concentrate on high-LTV segments and refine the creative-by-geo strategy.

Actions:

  • 60% of budget reallocated to high-balance and Korean exchange-depositor segments.
  • Two-track creative library locked: live-dealer creative for APAC, bonus-led creative for LATAM.
  • APAC users were routed to a localized Korean/Japanese language welcome flow; the rebuild reduced first-step drop-off by ~24%.

Performance Improvements:

  • CTR climbed 0.22% → 0.46%.
  • CPC compressed $1.45 → $0.94.
  • Click-to-FTD rate improved 0.62% → 1.18%.

Phase 3 — Acquisition + Retargeting (Month 4–10)

Objective: Scale on quality and lock in retention through retargeting.

Actions:

  • Daily spend lifted 2.8x against winning cohorts.
  • Wallet-based retargeting for connected wallets that browsed live tables but didn't deposit.
  • Behavioral retargeting for visitors who registered without depositing.
  • Cohort-quality bidding activated — bid caps reweighted toward segments with the highest predicted 90-day NGR.
  • Geo-expansion into Brazil and Vietnam — both cleared the NGR-per-cohort threshold.

Outcome:

  • Steady-state CPA settled at $89.
  • Average 90-day NGR per acquired cohort rose 38% vs. pre-campaign baseline.
  • Retargeted cohorts converted at 2.5x the rate of cold prospecting.

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