Cloudbet is the largest Bitcoin online Sportsbook and Casino. This review focuses on software, banking and bonuses with the process for player security. CloudBet is one of the behemoths of the bitcoin online gambling world and has been around since 2013. This bitcoin-accepting gambling site doesn’t just offer online casino games: they also deliver sports betting to their customers, as well as a live casino and live sports betting options, too.

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.

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.

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?

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.

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.

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.

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.

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!

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!

This Cloudbet review is another addition to our newest addition of the “casino” section on this website. Throughout this Cloudbet review and the entire series of Casino reviews over here, we aim to share our experience and a transparent insight into how good(or bad) the casino(s) is and its true potential are.

How do we decide that? Well, we take in lots of factors into accounts, such as trust level which we establish based on the companies’ license and registration, the security measures for the users, fairness of the games, the payment methods along with the supported currencies, and the bonuses that the Bitcoin casino is offering.

Apart from all this, we first test out every single casino and only then we move forward to sharing the experience here with you folks. Up till this point, we’ve reviewed Fortunejack casino, as well as mBit casino.

So without further beating around the bush, let’s get along with this Cloudbet casino review.

Cloudbet Casino Overview

Before starting on this Cloudbet review, here’s an introduction; Cloudbet isn’t a new player to the game, it has been around since 2013, and it does offer good enough odds along with great deposit and withdrawal limits, but how much exactly and how good they are is what I’ll be covering in detail in this Cloudbet review.

This section is meant for those of you who’re in a hurry and need to get the crux of this whole Cloudbet review in the next couple seconds, and a glance at the following points should in most cases be enough to get you an idea of the casino.

• Provably Fair.
• Licensed under E-gambling Montenegro.

At this point of this Cloudbet review I think it’s important to mention that unlike most other similar platforms out there, Cloudbet isn’t just a Bitcoin gambling site, rather it’s a “gambling and betting” site in general, which also has sections for live sports betting such as for Basketball and soccer.

Although we won’t be covering those sections in this Cloudbet review and will limit ourselves to the features and powers of its Bitcoin casino exclusively.

User-Interface

I bring this in at the very #1 spot because not everyone is a tech-geek, and even if they were, how simple, easy to use and newbie-friendly any platform is certainly helps determine its overall value, doesn’t it?

The user interface at cloudbet is as simple as it can be. Basically, it’s a no B.S page, as soon as your page opens you see all the games listed in a row, you can simply click on any of the games to start playing them.

The game playing interface too is simple, there are clear buttons and options you need to press to perform any action as indicated on the button itself. And the user dashboard page too is minimal as well as self-explanatory.

So in short, even though it’s your first day at an online casino ever, you wouldn’t get into trouble or wouldn’t have to hunt for options and features, it’s really easy and I’ll give it that.

Promotional Offers

Every Bitcoin lottery site offers some kind of promotional offers to enhance your gameplay, it basically is free money, which platform provides how much bonus goes on to say a lot about the platform doesn’t make it?

Well generally casinos offer handsome bonuses to new members, but Cloudbet doesn’t seem too eager about it, so there’s just one signup bonus (100% of your first deposit) that’s being offered, while other bonuses such as weekly bonuses, loyalty bonuses, second-third deposit bonuses etc seem missing.

Also note that, the offer seems kind of confusing, you don’t instantly get “double” of your deposited money, rather you’ll have to earn “loyalty points” by playing games, and for every 800 points, you’ll be provided 0.01BTC as bonus, upto your deposit amount’s limit or 5BTC!

Also, there’s a time-limit of 365 days for you to claim all of your bonus amounts, or else it expires. (And it means you’ll have to play A LOT of games).

So in my opinion, it’s pretty lengthy, and seems more like a smokescreen rather than a genuine “bonus”, although yes you totally will get the money if you complete their terms and earn the loyalty points, but even then I’m not too happy about the whole process.

Not Provably Fair

For those who don’t know what Provably fair is, it’s basically a process by which any Bitcoin betting site proves its “fairness” to its users, so the users know that the site won’t cheat or isn’t programmed to always make the players lose.

In the cases of casinos which are probably fair, they generally include a link to their provably fair page for users to check the algorithm and verify the games for themselves.

In the case of Cloudbet, no such link could be found, indicating that it isn’t a Provably fair casino. But that doesn’t mean that the games aren’t fair, or that you’ll always lose. Considering how it’s been around for over half a decade now since Cloudbet was born, I’d say it’s fair enough.

It’s Still Fair

While it’s not “Provably Fair”, as in a user can’t independently verify the legitimacy of its results, it’s still fair. Its games use a RNG (Random number Generator) to generate their results and other number-sequences.

This number is really random and can’t be predicted or pre-defined by the Casino or any other third-party. Obviously, why should we believe that?

Pcloud Scam

Because it has been verified by GLI (Gaming Laboratories International) and the certification is issued through Curacao eGaming. So even though the fairness of the games can’t be verified independently, the results still are trustworthy.

But it just probably doesn’t wish to share its algorithm or method by which it decides the results of a game, either way in my personal experience too, you don’t always lose, and obviously don’t always win either, it’s random, just like it should be.

Availability and Types of Games Available

This is a major section of this Cloudbet review, because hey “games” are what people go to casinos for, don’t they? How many games are available on any specific casino, and of what type again helps us decide the worth of any casino out there.

As for Cloudbet, it has over 7 types of games available as of now, namely:

• Slots
• Jackpot Slots
• Video Poker
• Table Games
• Instant Win
• Bingo and Keno
• Live Games

Since our last update to this Cloudbet review, the casino has added nearly a thousand games to its arsenal.

Slots, as is the case with any real-life casino as well are the most popular game type on Cloudbet, with 1220 games in the category. And in my “not so brief” experience as an online Bitcoin gambler, I’d say 1220 is a good enough number for any type and not just slots.

Then there’s Jackpot slots which are played as “slots” but hold jackpot rewards in case you win, there are just around 59 games in the category but considering how the rewards are huge, I’d say it’s acceptable.

Video Poker is exactly what the name claims it to be, it’s poker, but in the video form. As for the number of games, it’s 48 too be exact followed by 18 games in the Table Games category. Then there’s Instant win with 35 games, I personally haven’t tried this type yet, but if I’m not wrong it would be something like cricket, or “spin” and let you win (or lose) instantly without a lengthy game.

Finally, there’s the Bingo and Keno type, with eight games and they hold miscellaneous games . So basically the total number of games on this Bitcoin gambling site comes around to 1300+ (excluding Live games, what they are? Scroll down!)

Now 1300 isn’t a “huge” number, nope it isn’t considering how FortuneJack or mBit casino both over 1,000 games to their credits as well, but as an individual platform yes the games are interesting, rewarding, and enjoyable in my personal opinion.

Live Casino

For some reasons, Cloudbet hasn’t included Live Casino under the same game types as the above categories we talked about, rather they’ve another option on their top-bar, linking to a separate page for the Live Casino games.

Live Casino games are my personal favorites, they’re basically real life, physical, actually existing casino-games, where a real dealer deals your cards or other casino elements, you place your bets using your computers, and the video is streamed to you in real-time.

So basically you can play with a real person, on a real table, and in some cases in a real casino, from the comfort of your homes. Also because there’s no “algorithm” involved, there’s also no doubt of the games being “not fair” or wrongly coded!

The game types included in a live casino are:

• Roulette
• Baccarats
• Blackjack
• Table Games
• And Others.

Each of these sections has 4-8 games, so that furthers the total number of games available on the casino to around 200. Again, isn’t a lot but is enough for most people to get started, and you won’t run out of games anytime soon.

Cloudbet Sportsbook Review

Although note that, you’ll need a good enough internet connection to stream the games, because the quality is good enough, and you can’t lower it, so if your internet isn’t fast enough, you’ll just lose money or misplace your bets.

Free Games

This is something that makes Cloudbet one of the best Bitcoin gambling site in the industry, not even the top-most gambling platforms let you play games for “Free”, but Cloudbet does.

Meaning, you do not have to signup, register, or even deposit any money. You can simply head over to the platform, and start playing a game of your choice. Obviously, you can’t win money in these games, but it’s a great time-killer, and let’s you learn the rules and regulations of games before risking actual money! (Or Bitcoins in this case).

Registration Process

Another aspect I’d like to review in this Cloudbet review is its registration process. If the process is too long, or asks for too much data, I generally ask you guys to avoid it, don’t I?

Cloudbet No Deposit Bonus

Well here’s the registration page that Cloudbet is currently using:

Cloudbet Review

As you can see, it’s extremely simple, and minimumfont-size:>