Crypto Casino

Incline.bet

How Incline.bet Drove 938 Crypto-Bettor First Deposits at $228 CPA Across Three Emerging Markets with Blockchain-Ads

Incline.bet
938
First-time depositors
$228
CPA
2.6x
ROAS
22.9M+
Verified Impression
industry
Crypto Casino
Duration
11 months
Total Ad Spend
Crypto Sportsbook
Key Markets
SEA, LATAM, Sub-Saharan Africa
Primary KPI
Cost per First-Time Depositor (FTD)
Objective

Acquire deposit-grade crypto bettors across three emerging markets where mainstream sportsbook channels are policy-blocked

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About
Incline.bet

Incline.bet is a crypto-native sportsbook where bettors deposit in BTC, ETH, or USDT and receive near-instant on-chain settlement. This speed is their main advantage over mainstream fiat-rail sportsbooks. The platform covers global football, basketball, esports, and emerging cricket leagues, targeting crypto-active bettors across SEA, LATAM, and Sub-Saharan Africa.

Target Audience: Crypto-wallet holders in SEA, LATAM, and Sub-Saharan Africa with demonstrated on-chain transaction activity and a demonstrated interest in regional football, cricket, and esports markets. 

Growth Stage: Scale-up

Campaign budget: $200,000

A note on attribution: This case study documents an affiliate-managed campaign aligned with Incline.bet, not a direct corporate campaign. Results reflect one affiliate partner's segment focus and creative approach.

The Challenge

Deposit intent peaks sharply around live match windows, but the operator had no channel that could automatically surge media weight into those moments. Four problems compounded the miss:

  • Mainstream exclusion: Google, Meta, and TikTok block the crypto sportsbook category outright across all three target regions.
  • No match-window bidding: fixed media plans couldn't concentrate spend during the hours around Tier-1 fixture announcements and kickoff windows.
  • Audience imprecision: broad sports-interest demographics attracted content viewers, not bettor-intent wallets, producing clicks without deposits.
  • Creative mismatch: a single translated creative failed to reflect sport preferences across three distinct regions, reducing relevance and conversion in each market.

Why Blockchain-Ads

No existing channel could combine wallet-level bettor intent with match-calendar bid timing, leaving the operator at a $430 CPA its deposit economics couldn't sustain. Blockchain-Ads addressed all four gaps:

  • Bettor-intent targeting: sports-betting-active wallet segments built from on-chain sportsbook history, stacked with an exchange-depositor lookalike layer filtering for wallets with demonstrated fiat-to-crypto conversion behaviour.
  • Match-window bidding: automated bid cap lifts of 40–70% around weekly Tier-1 fixture windows, concentrating spend precisely when deposit intent peaked.
  • Blocked-market inventory: the only viable paid acquisition surface across three regions where the category is excluded from Google, Meta, and TikTok.
  • Geo-by-sport creative routing: three independent creative libraries built natively for SEA football, SSA football and cricket, and LATAM football and esports, plus connect-cohort retargeting converting non-depositors at 2.4x the cold prospecting rate.

Campaign Results

  • $228 CPA per FTD (47% reduction from Phase 1) 
  • 938 First-Time Depositors across SEA, LATAM, Sub-Saharan Africa
  • 22.9M Verified Impressions; CTR: 0.65%; CPC at scale: $1.44 
  • 2.6x ROAS (90 days)

Blockchain-Ads cohorts delivered a 48% 30-day repeat-bet rate, confirming sports-betting-active targeting reached multi-session bettors, not one-time visitors. Connect-cohort retargeting added a second-activation layer, converting initial non-depositors at 2.4x the cold prospecting rate. The campaign established a scalable acquisition channel across three mainstream-blocked markets, with a match-window bid-surging mechanic validated across three major tournament events.

Campaign Strategy

Phase 1: Learning (Months 1–2)
Objective: Establish baseline FTD CPA across the three regions; identify the highest-converting wallet segments and the creative formats that drive click-to-FTD most efficiently.

Actions:

  • Three wallet segments were tested simultaneously: sports-betting-active wallets, exchange-depositor lookalikes, and generic crypto-active wallets.
  • Two creative formats ran per geo: sport-specific match-action footage and brand-led creative.
  • Bid caps were held at flat baseline rates to establish unbiased segment performance data. 

Insights: Exchange-depositor lookalikes converted at 2.3x the rate of generic crypto-active wallets at the same CPA. Sport-specific match-action creative beat brand-led creative by 38% on click-to-FTD across all three regions. The geo-by-sport preference pattern, SEA on football, SSA on football and cricket, and LATAM on football and esports was confirmed and used to define the three-track creative library for Phase 2. 

Phase 2: Consideration (Months 3–7)
Objective: Concentrate budget behind the winning wallet segments, launch the three-track geo by-sport creative library, and activate match-window bid surging on the weekly Tier-1 fixture calendar. 

Actions:

  • 65% of the budget was reallocated to sports-betting-active wallets and exchange-depositor lookalikes.
  • The three geo-specific creative tracks replaced the Phase 1 test units.
  • Match-window bid surging activated on every weekly Tier-1 fixture window, with bid caps lifting 40–70% above baseline during the window.
  • A wallet-aware deposit preview was introduced for connected wallets, reducing first-deposit drop-off by 26%. 

Performance Improvements: CTR lifted from 0.31% at end of Phase 1 to 0.55% by end of Phase 2. Click-to-FTD conversion improved materially across all three geos, with the geo-by-sport creative match accounting for the majority of the lift. The wallet-aware deposit preview reduced first-deposit drop-off by 26% on the highest-volume market.

Phase 3: Acquisition + Retargeting (Months 8–11) 
Objective: Scale proven cohorts, activate full connect-cohort retargeting, and expand geo coverage into new markets within each region that cleared the CPA threshold. 

Actions:

  • Daily spend scaled 2.8x against the proven cohorts.
  • Connect-cohort retargeting went live, targeting wallets that had connected but not deposited within seven days with deposit-focused creative.
  • Geo expansion into Vietnam, Nigeria, and Mexico proceeded sequentially, with each new market clearing the CPA threshold before receiving incremental budget weight. 

Outcome: Steady-state FTD CPA settled at $228, down 47% from the $430 starting point. 938 first-time depositors were acquired across the full engagement. CTR held at 0.65% through the final quarter. Three tournament finals during the engagement: World Cup qualifiers, Champions League finals, and Asia Cup—each triggered same-day budget shifts into sports-betting-active segments, with deposit intent following within 24 hours of fixture announcement.

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