How Incline.bet Drove 938 Crypto-Bettor First Deposits at $228 CPA Across Three Emerging Markets with Blockchain-Ads
Acquire deposit-grade crypto bettors across three emerging markets where mainstream sportsbook channels are policy-blocked
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.
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:
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:
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.
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:
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.
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:
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.
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:
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.