CloudBet Sportsbook
If you are a fan of football and you are tired of losing all your money on the bet you placed on your favorite football team, then the cloudbet sportsbook is the perfect solution for you.
CloudBet Review
New users will get the welcome bonus of 100% on their first deposit when they successfully complete their successful Sign-UP process.
Cloudbet Benefits and Promos
If we talk about promotional offers of world’s best online sportsbook Cloudbet then this will help you know that in cloudbet you will get amazing promotional offers on a weekly basis even on a daily basis. Cloudbet is a well-known and successful gambling company in the world of online betting. They also offer promotional offers for users, such as:
- No deposit bonuses
- Zero Margin Sports Bet
- Free bets
- Turbo Tuesday
On the other hand if we talk about Benefits of Cloudbet then we will see some of these points.
- Online Customer Services
- Reputable Software Partnerships
- VIP Club
- Sportsbook
- Play in free mode
- 24/7 live chat customer care support
Cloudbet Loyalty Program
In the Cloudbet loyalty program you will get special offers but these offers depend on your tier. In loyalty program there is Six Tier which is as follows:
- Bronze
- Silver
- Gold
- Emerald
- Sapphire
- Ruby
Types of Bonuses
Bookmaker | Welcome Bonus | Exclusive Bonus | Freebet | Loyalty Program | Cashback |
---|---|---|---|---|---|
No | No | No | No | No | |
30 USD | No | Up to 30 USD | No | No | |
100 EUR | No | No | No | No | |
1000 USD | No | No | No | Yes |
Cloudbet is one of the most authentic and reliable bitcoin sports betting sites on the market. With their powerful tools, easy-to-use interface, and multiplicity of features they have accomplished quite a lot. The company’s products are top quality much like their customer support team.
Cloudbet license: are they legit?
The company was founded in 2013 and already has a great reputation in the community. Critics and users can’t get enough of it. At most other bitcoin sportsbooks, you have total anonymity, you won’t even have to sign up, it will just automatically generate a profile. With Cloudbet this is not the case.
There are multiple ways to notice a scammer in this industry. It’s a matter of common sense. Never do your betting with a newly established company that offers an unheard number of promotions. It’s a red flag. These types of companies pop up every year when major championships like the NFL are in place. Another red flag is when a betting company is unregulated and is very vague about everything including the matter of qualification itself.
Cloudbet is the antithesis of the upper mentioned qualities. As a regulated gambling company, they follow all the protocols and offer transparency and safety. It’s noteworthy to mention in our Cloudbet review that they use a two-factor authentication process for all their user accounts. Which is a good option to secure your funds with. Especially knowing about the volatility of the crypto market.
As for the specifics of the actual permits, know that Cloudbet operates with a Montenegro and a Curacao license. The company is ever-changing so it’s no surprise that as of now they have applied for multiple licenses as they are a very international company.
Cloudbet customers will also benefit from cashbacks on their losing spread bets and zero-margin odds on various events from the NBA, MMA, NHL, NFL, and MLB. Keep an eye on the app’s promotional section for the latest offers for the sportsbook. Bear in mind some bonuses are intended for casino players only.
Cloudbet Betting App Bonuses
Offering bonuses is a common way for online bookies to attract new customers and retain existing ones. Cloudbet is no exception to this rule. The mobile sportsbook gets new recruits to a flying start with a 100% welcome bonus of up to 5 BTC (or 1,000 USDT). Opting in for the offer is a breeze – you simply must sign up on your smartphone or tablet, and invest at least 0.01 BTC (10 USDT).
As generous as the offer is, we took trouble with the fact that not everyone can afford to invest 0.01 BTC just to get a bonus. At the moment of writing, 0.01 BTC equaled roughly US$590, which is hardly a modest amount of money. Of course, if this amount is unaffordable, you can use Tether, which currently trades at a rate of 1 USDT for US$1.
Punters can earn the bonus by collecting loyalty points through sports betting or playing the casino games. You must generate 800 loyalty points for the sportsbook to release 0.01 BTC into your bonus balance. The free credits will appear in your balance in increments of 0.01 up to a maximum of 5 BTC. Respectively, you need 100 points to get 10 USDT.
You gain loyalty points by placing real-money wagers. The sportsbook uses the following formula to calculate punters’ loyalty points: converted bet x price score x 0.1. The price score is equal to the square root of your market’s odds minus 1.
Each eligible customer has one year to generate the points required for the release of the full sign-up bonus. You can track your current progress from your account’s dashboard. Mobile bettors can cash out their bonus funds as soon as the sportsbook adds them to their main balance.
Cloudbet customers will also benefit from cashbacks on their losing spread bets and zero-margin odds on various events from the NBA, MMA, NHL, NFL, and MLB. Keep an eye on the app’s promotional section for the latest offers for the sportsbook. Bear in mind some bonuses are intended for casino players only.
Cloudbet App Bonuses | |
---|---|
Bonus | Key Terms |
A 100% Welcome Bonus of up to 5 BTC (1,000 USDT) | Bonus is released in increments of 0.01 BTC (10 USDT); Each 0.01 BTC increment requires 800 loyalty points (100 points for 10 USDT); loyalty points are generated through real-money bets; bonus expires after 1 year |
Basketball Bingo | Recoup your losses from NBA spread bets if a player scores the exact number of points as their jersey number; cashbacks range from $20 to $300; players with jersey numbers 0 and 00 are excluded; applicable to pre-match spread bets only; parlays and bonus bets do not qualify; cashbacks are credited within 48 hours |
Another interesting feature of the website is Esports betting. Cloudbet sportsbook offers an esports bitcoin betting experience. Real-time bets can be made on more than 60 markets with cryptocurrencies including CS: GO, League Of Legends, Dota 2, and Starcraft.
When a player first clicks on the website URL, the first impression is the appearance of the website. And, this platform is formal, simple, and is appealing. The Cloudbet website does not waste the time of the users with any one-liners or call-to-actions but directs them to choose between Casino, Sports, and Esports, with some impressive motion footage in the background. The arrangement of the information, navigation, and crisp content on the landing page is user-friendly, straightforward. The content is available in multiple languages for its users spread over 100 countries.
Once the player gets acquainted with this bitcoin gambling user interface, he can easily pick up the game of bitcoin betting with ease. Not to mention, compared to other bitcoin gambling sites, sports is the prominent theme, and sports pages are highlighted more than the other options on the website. However, if the player is interested in the Bitcoin Casino, he can navigate through the section for more information.
They have similar promotions all throughout the year.
Screenshots
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:
- 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.
Just as their explanation of how to use Bitcoin is excellent, so is the rest of the support that Cloudbet has to offer. Their FAQ, blog and all sources of information are top-class. And if you still don’t find the answer to your question, then you have 24/7 live chat coverage with what we found to be a helpful and quick to respond support team. Not only that but you don’t need to sign up to speak to them. This means that if you want to ask questions while still deciding whether to join – the answers for which may perhaps seal that decision – then the Cloudbet team are on hand to help. We suppose there could be some more contact options but we think that the vast, vast majority of users will be more than satisfied with what is available here.
Cloudbet Sports Betting Review 2022
It’s pretty clear that Cloudbet’s unique selling point is its preferred payment method. After all, you can hardly avoid the mention of Bitcoin the second you step foot through the virtual doors of this bookmaker . However, what is also clear is that they are not content with merely resting on their laurels and letting this be the sole reason to use their site.
This is a Bitcoin operator that clearly wants to compete with any kind of betting site when it comes to quality, from its welcome bonus to its top-tier site design. This not only immediately provides a clear sense of professionalism and class, but does so in a way which is as fun as it is stylish. It also shows off just how much they have to offer. And what exactly do Cloudbet have to offer? Well, let’s take a closer look.
Bitcoin betting site Cloudbet has been getting a lot of praise for its quality online experience. And it’s easy to see from a quick glance why there’s so much hype.
It’s often the case that bookmakers which have a niche seem to think that they don’t have to make the same kind of effort we expect from any and all online betting sites. However, we’re happy to say that’s not the case with Cloudbet. Not only do they have promotions but they have a pretty generous amount too.
We’ll only be looking at a sample here but it should be enough to give you an excellent idea of the sort of thing to expect. However, don’t be surprised if some of the promotions we discuss here have been changed, replaced or discontinued, as that is very common with bonus sections. A lot of sites like to keep these pages fresh with new offers and especially with sports promotions, which tend to be time-sensitive by their nature.
In order to provide you with an idea of the type of quality to expect, we will of course be bringing up some terms and conditions, as they make up a huge part of whether a bonus is worthwhile. However, this is meant to be an overview and we will not include the full terms and conditions here. They can all be found on the Cloudbet site itself. With that and mind, we may as well start at the beginning with that welcome bonus we already mentioned. 100% Deposit Match BTC Bonus : This is slightly more complicated than similar welcome bonuses but still easy enough to understand. Simply create and confirm your account and make your first deposit, with a minimum deposit of 0.01 BTC. Your maximum bonus is 5 BTC. The release of these Bitcoins works through their loyalty points scheme, at a rate of 0.01 BTC for every 800 loyalty points. The formula for the loyalty points is explained in greater detail on the site itself but it follows a basic principle of stake x price score for the sportsbook.
Money Back Monday : The principle of this promotion is pretty much explained in its title. If you make a deposit on Mondays, you can receive some of your money back if you lose on the live casino. You’ll get 25% of your losses back up to 50 mBTC.
Turnover Tuesdays : This is about as straightforward as it gets. You can receive a free spin for every 2 mBTC bet, with free spins being capped at 100 per player.
You may have noticed that with the last two examples, there’s a bit of a theme going on. In fact, you can get bonuses that are specific to four days of the week at Cloudbet, at the time of writing. We will say that a few more sportsbook promotions would be appreciated but this is still far and above so many of their competitors.
Another area where Cloudbet certainly doesn’t scrimp is in its betting markets. You’ll find a huge amount of sports to bet on available here, many of which are available to bet on live too. You can even bet on things like entertainment. Not only are plenty of sports covered but the scope within those sports is generally pretty large too, with leagues available in many from all across the world and throughout different levels. It’s not just the big events that are covered here but many more niche and left-field betting options too. On top of that, there is, of course, the casino and live casino, although we will say that a lack of e-sports is a slight disappointment.
Although there is no mobile app for Cloudbet, the site does appear to work perfectly well on mobile devices during our usage. We can’t find too many reports regarding other people’s experience with the mobile site but we can say that everything we tried appeared to be working smoothly. Of course, a dedicated app would be preferable but it doesn’t appear as though you’ll find many issues should you want to access Cloudbet while on the go.
The surprises just keep on coming, as Cloudbet actually has a huge amount of live streaming options to choose from, whether it’s German football in the Bundesliga, basketball in the NBA or tennis in the Australian Open, to give but some examples. It’s hard not to be hugely impressed by that kind of offering. One thing that does appear to be missing here though is virtual sports. Whether that is an issue for you depends on the type of betting experience you are interested in.
There are few prizes for guessing what the preferred payment method is here. Of course, Bitcoin is a huge part of the reason people choose Cloudbet over its competitors. And we have to say that they make it as easy to understand as they possibly can, with lengthy sections on how to deposit with the online currency, even including an illustrated guide. It really is very extensive and should do a lot to put your mind at ease if you are unsure about utilising this cryptocurrency . Among the benefits of Bitcoin are fast transactions, anonymity and low fees, although more information on this is available on the site.
Just as their explanation of how to use Bitcoin is excellent, so is the rest of the support that Cloudbet has to offer. Their FAQ, blog and all sources of information are top-class. And if you still don’t find the answer to your question, then you have 24/7 live chat coverage with what we found to be a helpful and quick to respond support team. Not only that but you don’t need to sign up to speak to them. This means that if you want to ask questions while still deciding whether to join – the answers for which may perhaps seal that decision – then the Cloudbet team are on hand to help. We suppose there could be some more contact options but we think that the vast, vast majority of users will be more than satisfied with what is available here.
This Bitcoin betting site is licensed under E-Gambling Montenegro and Curacao eGaming, with full information available on the site. Alongside the licensing information – and a lot of other details too – is an excellent security section. This explains how the two-step authentication works, how information is kept safe in “cold storage”, as they put it, and also their very extensive privacy policy. All in all, Cloudbet might be one of the finest examples of a betting site having everything you could want to know available easily at hand.
On top of that, Cloudbet has a reputation as a Bitcoin operator with very competitive odds and also provide a link to help encourage responsible gaming amongst its customers.
There are a few things that are notable for their absence at Cloudbet that we simply couldn’t ignore, such as the lack of e-sports and virtuals. But if that isn’t something that is an especially vital part of your betting experience, then there’s very little to fault here for a Bitcoin betting site.
Of course, that is something that is absolutely intrinsic to whether you would be interested in Cloudbet or not. If you want to use other payment methods, then obviously this won’t be suitable for you. If, however, you want to use the cryptocurrency, then it’s among the best out there. It boasts a great website, is easy to use, explains itself brilliantly and has a ton to offer across both sports and casino. Even its promotions are good.
Cloudbet has carved out its very own space in the online gaming world and it will take some very tough competition to challenge it.