Cloudbet Deposit Rating: 7,3/10 1049 reviews
If you want to take advantage of the amazing odds and limits available at Cloudbet but don’t have any crypto, don’t worry. We’ve made it quick and easy to buy with a card on our site.

We appreciate that if this is your first foray into the crypto-verse, you may be tentative about making the leap. This article explores how you can easily make the transition using USDT and our on-site crypto purchasing service.

To begin with, consider buying USDT - a token that is pegged to the US dollar, and so is closer to what you’re familiar with - using a “normal” currency (in the crypto world, these are referred to as “fiat” currencies).

Because USDT - you may have seen it referred to as “Tether” - is linked, or indeed “tethered”, to USD, it doesn’t experience the wild swings in volatility that you see in other cryptocurrencies like Bitcoin (BTC). In fact, it’s one of a subset of coins commonly referred to as “stablecoins”.

Cloudbet offers a 100% bonus on the first deposit made via Bitcoin, Ethereum, Bitcoin Cash, and Tether USDT. This reward can be up to 5 BTC, ETH, and BCH, or up to 1000 USDT. The bonus balance will only be released once you make your first deposit. No several consecutive free bonuses are allowed. In order to use this bonus, please make a deposit in case your last session was with a free bonus. Only players who have made a deposit in the last 3 days can redeem this bonus. Level 1 players receive 10 free spins. Level 2 players receive 30 free spins. Level 3 players receive 50 free spins. This means that if you got $10 of free credit, you’ll have to play for example 1000 spins Victoria Gambling at $1 each to roll it over. Note that not all games are allowed to be played with the bonus credit, and not all games contribute at the same rate to roll over requirements. As one of the first operators to offer bitcoin betting, Cloudbet has a well-deserved reputation as a trusted bitcoin sportsbook, serving more than 100,000 satisfied customers worldwide. More than just bitcoin betting You can now buy, deposit and bet with more than just bitcoin. Bet with ethereum, bitcoin. Cloudbet users can deposit, bet and withdraw in Bitcoin, Bitcoin Cash, Ethereum and USDT Tether, giving players the advantage of speed and choice, particularly with the addition of USDT––a stablecoin.

You’ll essentially spend $1 to buy 1 USDT and whenever you cash out, that trade should happen at the same level at which you bought.

Think of it as similar to exchanging money for a holiday abroad.

You can read a more in-depth article on Tether at this Cloudbet blog post.

How do you get USDT? Easy! In fact, you can purchase USDT and other coins on our site using your credit card, virtual, prepaid or debit card, or Apple Pay, through Cloudbet’s partnership with MoonPay, the leading provider of fiat to crypto purchasing.

There are three account levels available which determine how much crypto you can buy in a 24-hour or 30-day period, each with different requirements of personal information. Just pick the one that is right for you and you'll be up and running in no time.

Level 1 - Daily card purchase up to €50 (No ID required)

Credit card purchases of USDT, BTC, BCH or ETH under €50 don’t need any know-your-client (KYC) requirements. You can be up and running in minutes, but cannot purchase more than €50 in a 24-hour period or €150 in a 30-day period.

Follow these steps:

  • Look for the ‘Buy USDT’ button under ‘My Account’. If your active currency is USDT, BTC, BCH or ETH you will see that option. Change your active currency to purchase a different coin.
  • Select the currency you want to use to make the purchase and the amount you want to buy or spend.
  • You’ll see a quote for the transaction based on the current price.
  • Provide an email address and hit ‘Continue’; you’ll be sent a verification code.
  • Retrieve the code from your email, input and agree to the MoonPay Terms of Use.
  • You’ll now see a purchase summary including the transaction fee.
  • Choose your payment method and provide the associated details.
  • Hit the ‘Buy Now’ button - and you're done.

Once the transaction is confirmed you’ll receive an email with details of the successful transaction and a link to the transaction hash to monitor confirmation on the blockchain. Once confirmed on the blockchain, you’ll receive another email and the funds will appear in your account.

Level 2 - Daily card purchase up to €5,000 (Photo ID required)

You can purchase up to €5,000 per 24-hour period or €20,000 in any month and the only additional requirement to the above is providing a photo ID. After you provide verification of your email address you’ll be asked to ‘Tell us more about yourself’’.

The process for Level 1 applies (as above), plus the following:

  • Provide First/Last Name and Date of Birth.
  • Provide a Billing Address.
  • Choose a form of photo ID to submit - Passport, Driving License or National Identity document.
  • Upload a scan of your ID - follow the instructions and continue.
  • Upload a selfie - follow the instructions and continue.

Level 3 - Daily card purchase up €10,000 (Photo ID & Source of Income/Funds)

You can purchase up to €10,000 per 24-hour period or €50,000 in any month, but in addition to the processes for Levels 1 and 2 above, you may be asked for proof of income or source of funds, which is essential to protect you from potential fraud and to follow anti-money laundering (AML) guidelines.

Buying Crypto with MoonPay - FAQs

Buying crypto with MoonPay is quick and simple, but in case you have some questions about the process we've pulled together these FAQs:

What types of cards are supported by MoonPay?

You can purchase with a credit card (Visa or Mastercard), debit card, prepaid card or virtual card. What happens if I have a problem with my purchase? After purchasing crypto/fiat, MoonPay sends two emails: the first is a purchase confirmation (receipt), the second provides more detailed information like transaction ID and transaction hash which can be useful to check how many blockchain confirmations this specific transaction has.

If you experience any further problems with your purchase you can contact MoonPay or Cloudbet’s customer service (providing the transaction hash). If you are concerned that you didn’t authorise transactions, speak directly to your bank.

Where can I see a record of my purchase?

The first time you deposit with MoonPay you’ll create an account within which you can access your transaction history. You will also receive an email confirmation which acts as a record, and also view the transaction in your Cloudbet account history.

Do I have to add a destination wallet address?

No. This is automatically pulled from your player account.

What currencies can I use to purchase coins?

You can buy crypto using AUD, BGN, CAD, CHF, CNY, COP, CZK, DKK, DOP, EGP, EUR, GBP, HKD, HRK, IDR, ILS, JPY, JOD, KES, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NOK, NZD, OMR, PEN, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TWD, USD, VND and ZAR.

Can I add more than one credit card to purchase with?

You can add as many cards as you want.

Is the MoonPay system available in other languages?

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Yes. You can use MoonPay using many languages, just choose from the language drop-down. Please note changing language in Cloudbet won’t change MoonPay language and vice-versa.

What countries does MoonPay support?

Please follow this link to see the full list of countries that MoonPay supports, and remember Cloudbet's own country restrictions apply. See our terms and conditions for further information on that.

Make a deposit with MoonPay

So if you don't have crypto but want to take advantage of Cloudbet’s great odds and high limits, sign up, deposit through Cloudbet and get started!

Cloudbet Review

CloudBet Review

  • Overall Rating: 4 stars
  • Bonus Rating: 5 stars
  • Deposit Bonus: 100%, up to 5 BTC
  • Official Website: Cloudbet.com

Looking for a site where you can gamble with bitcoin? In this case, CloudBet is a sportsbook and casino where you can deposit, wager, and withdraw using cryptocurrencies. This is a great way to bet online if you want to keep your activities private and secure. The website is owned by a company called CB Holdings and is licensed by E-Gambling Montenegro.

Some standout features include:

  • Deposit and withdraw quickly and easily in bitcoin and bitcoin cash.
  • All funds are safe in cold storage.
  • Low minimum deposit (just 0.001 BTC).
  • 100% match bonus up to 5 BTC.
  • Live sports betting is available.
  • Remain fully anonymous as you bet.

Let’s check it out in-depth!

Is Cloudbet Legit? Are they an Honest Sportsbook or a Scam Site?

Cloudbet appears to be legit. I trust them with my bitcoin for betting.

Here is what I like and leads towards trusting them:

  • Active thread since 2013 on the bitcointalk.org forums.
  • An overall positive reddit consensus (even the scam warnings seem to be user issues more than cloudbet.
  • Confirmed consistent withdrawals
  • Readily available support.

Bonuses and Promotions

If you sign up on CloudBet, right now there is a 100% match bonus of up to 5 BTC available.

If you are familiar with Bitcoin exchange rates, you know that this is a lot of money.

All you need to do in order to get this bonus is create your account, confirm it via email, and make your initial deposit.

The deposit amount will typically be credited within seconds.

The bonus however needs to be accrued, and in this sense it works like a loyalty program.

You wager on sports and play the casino games the site offers, and this helps you earn points. For every 800 loyalty points you accumulate, you earn 0.01 bitcoin. You are given 365 days to accumulate as many loyalty points as possible toward your maximum possible reward.

Interestingly enough, I saw nothing about turnover requirements to satisfy to withdraw the bonus money, so it appears that once it is credited to your account, it is yours to use or withdraw as you like.

Along with this match deposit bonus, CloudBet also provides specific promotions on special events.

For example, right now you can score bonuses up to 50 mBTC on certain NCAA and NFL games.

There is also a cool promotion on the US Open. If you wager on any match in the US Open, you have a chance to earn points. You get one point for every 10 mBTC you wager at odds of 1.50 and up. The top ten players then get to split shares of a 2.5 BTC bonus.

They have similar promotions all throughout the year.

Sports Available For Wagering


Here are all of the sports you can bet on at CloudBet:

  • American Football / NFL
  • Aussie Rules
  • Badminton
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Futsal
  • Golf
  • Handball
  • Ice Hockey
  • MMA
  • Motor Sport
  • Pesäpallo
  • Rugby
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball
  • Winter Sports

Betting Types Available

What types of bets can you place on CloudBet? There is a huge list. Here are just a few of the types of wagers which are offered:

  • Straight bets on teams or players to win or lose
  • 1st half bets
  • 2nd half bets
  • Double chance
  • Draw no bet
  • Exact bookings
  • Goals scored
  • Highest scoring half
  • Totals
  • First player to score
  • Last player to score

The types of bets you will find listed depend on the sports you are betting on. Some sports (like soccer) have a lot more bet types available than others.

Cloudbet Casino


Enjoy casino games? Along with sports betting, CloudBet also offers slots, jackpot slots, video poker, bingo, keno, and table games. There is a live casino as well featuring roulette, baccarat, and blackjack.

Cloudbet Deposit Services

Deposits & Withdrawals

You can get started on CloudBet with a low minimum deposit of 0.001 BTC. Incidentally, this is also the minimum withdrawal amount, and it is the minimum bet size as well. There is no maximum deposit; you can add as much money to your betting account as you want. There is no maximum withdrawal amount either.

One of the best things about betting with bitcoin is that you do not need to wait for hours or days for your deposits and withdrawals to be processed. The majority of transactions are processed almost instantaneously.

Something else that is awesome about CloudBet is that you do not need to provide any personal information when you sign up, deposit, or withdraw!

You just need to register using a valid email address, and connect to your Bitcoin wallet. That’s it.

So if you have privacy concerns, CloudBet is the perfect place for you to gamble.

In terms of security, the funds you deposit are kept offline in cold storage, which keeps them safe from hackers. You can also secure your account using two-factor authentication.

Any fees?

CloudBet says on its terms and conditions page that it “reserves the right to apply a handling charge of up to 5% on deposits and withdrawals to cover transaction costs.”

In the FAQ, however, it states that there are “no payment processing costs” associated with bitcoin. So I would gather based on this that the site may not be charging fees at this time, but may introduce a 5% fee at its discretion.

Are USA Players Allowed to Wager at CloudBet? (No)

Sorry, but quite simply, nope.

There was a time when US players could in fact play at Cloudbet despite an article floating around on the internet about an end coming to that fact. Unfortunately, it did come true and the US has been banned.

Will there come a time in the future when they’re let back in? This author hopes so. Naturally we will update if that is to happen.

Deposit

For the time being, you can check out all of our other reviews and find yourself a casino that is Yank friendly.

What Are The Wager Limits At CloudBet?

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There are wager limits on CloudBet, but they vary based on the liquidity of an event and how soon it is taking place.

If you attempt to exceed the maximum wager, the site will automatically reduce your stake to the maximum bet size allowed.

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Betting limits also vary from one customer to the next.

The site provides no information on this, save to say that you can talk to customer service about having your limits increased if you want. To do that, you need to contact support@cloudbet.com.

Customer Service

Customer service on CloudBet is offered via email and live chat. I tried to get a hold of someone on live chat during a weekday, but the system told me that the agents were extremely busy, and offered me the option of leaving my email address instead.

I opted to wait another 20 minutes. Nobody ever showed up.

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Hopefully this is because the agents really were busy, not because they were not there. In any case, I appreciate that the system did not simply kick me off the line, and at least provided me with options for getting in touch.

Most chat lines on other sites will just kick you off and give you a form to fill out, which makes me think they are never staffed. That does not appear to be the case here.

Up to 5 BTC Welcome Bonus

Yes.

A 5 btc Match.

That ain’t shabby at all considering the current price of a single bitcoin, $10,187.70 as I type this!

You don’t even need a code for this one over here, just make your deposit and Cloudbet will give you that match all the way up to 5 btc!

Of course, you don’t have to have 5 btc to take advantage of this, (I know I don’t!) but you must deposit at least 0.01 btc to take part.

Turbo Thursday

Part of gambling is that sometimes you’ll hit a loss. It happens!

If you had it happen to you, take advantage of this to top off your account and get going again!

Gain a 100% reload bonus when you deposit every Thursday.

Kick start your weekend the right way.

How this one works –

  • The bonus will be available on your account after 05:00 UTC.
  • Log-in and go to your dashboard where your bonus will be waiting for you after 05:00 UTC.
  • Select the T&Cs box and then select the “Opt in” button to activate the bonus.
  • Make a deposit of 0.1 mBTC or more on a Thursday.
  • We will give you a 100% Reload Bonus of up to 50 mBTC/1 BCH.

3 Reasons To Play At CloudBet

Here are a few benefits of wagering at CloudBet instead of at your local betting shop or another site which doesn’t take bitcoin:

You can preserve your privacy. While sports betting is an incredibly popular activity, there is stigma surrounding it in some places—not to mention geographical barriers. CloudBet allows you to bet no matter where you are located without worrying about others prying into what you are doing.

CloudBet has very reasonable minimums. If you only have a small amount of bitcoin to bet with, you can get started here without a problem. But if you have a lot of bitcoin to bet, you can feasibly get a bonus as high as 5 BTC. Because it is awarded to you as a loyalty bonus, you do not need to worry about any further turnover requirements to withdraw it.

There are plenty of betting markets to choose from on CloudBet, and for certain sports, numerous different types of wagers are available. You will never get bored betting here!

Cloudbet No Deposit Bonus

The minimum deposit, withdrawal and stake sizes are all quite low.
Customer funds are kept in cold storage and 2-factor authentication keeps your account secure.
The website is not 100% clear about deposit and withdrawal fees.
Players have said that the team is not always all that helpful.

Cloud Bet First Deposit Bonus

Final Thoughts: CloudBet Is Knocking Down Barriers for Gamblers Around the World

To summarize, it can be frustrating looking for a solid sports betting site if you are located in the USA or another country which is commonly geo-blocked. CloudBet however has no geographical restrictions and allows for totally anonymous sports betting, barring any restriction from your government. For bitcoin gamblers who want to stay anonymous and take advantage of fabulous promotions, CloudBet is an exciting choice!