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Cloudbet Review 2023

2023.04.17

1. Key Takeaway

  1. Cloudbet is an online platform for sports betting and casino games.

  2. The platform uses Bitcoin (BTC) for all transactions.

  3. Creating an account at Cloudbet is quick and easy, allowing users to deposit funds and start placing bets immediately.

  4. Cloudbet has been operating for over five years. Established in 2013, Cloudbet was one of the first Bitcoin betting platforms on the market.

  5. Cloudbet has maintained a leading position in the Bitcoin gambling industry.

  6. Cloudbet’s Bitcoin gambling allows users to take advantage of the benefits of Bitcoin, such as transparency, low cost, security, and speed.

2. Overview

3. Is CloudBet Legit?

Cloudbet is an online platform regulated by Montenegro and Curacao eGaming. It has a comprehensive set of rules and regulations, including strict terms and conditions that should be carefully reviewed before creating an account on the platform, as is the case with any betting website.

4. Prohibited Countries

UK, USA, China, Hong Kong, Singapore, Northern Ireland, Italy

5. Casino Features

Cloudbet is a popular online platform for sports betting and casino games, utilizing Bitcoin (BTC) for all transactions. Creating an account is a quick and easy process, allowing users to deposit funds and start placing bets right away. The platform offers all the features one would expect from a Bitcoin casino and betting site, and has been operating for over five years.

 

Established in 2013, Cloudbet was one of the first Bitcoin betting platforms on the market and has maintained a leading position in the Bitcoin gambling industry ever since. By using Cloudbet’s Bitcoin gambling, users can take advantage of the cryptocurrency’s benefits, such as transparency, low cost, security, and speed, as well as benefiting from the appreciation of Bitcoin as a value store.

 

In addition to Bitcoin, Cloudbet also supports Bitcoin Cash, and was the first major Bitcoin operator to honor the Bitcoin Cash fork in April. Users can choose to make their active currency either Bitcoin or Bitcoin Cash, with the option to switch between the two as often as desired.

5-1. Pros and Cons

      A.Pros

  • Mobile-friendly.
  • Fast Withdrawals.
  • Numerous games.
  • Generous Bonuses and free spins.
  • Bitcoin sportsbook is available.
  • The best online site for Cryptocurrencies.
  • Placing bets in test mode or free mode is available.

 

     B.Cons

  • Non-cryptocurrencies are not allowed.
  • Lack of Cloudbet app.
  • Contact information is limited.
  • Stringent VIP program rules.
  • Cloudbet does not offer exclusive casino games.
  • Payout, restrictions, and fee details are hard to find.

6. Game Experience

For those seeking a break from sports betting, Cloudbet’s online casino is worth exploring. The casino boasts a diverse range of games, including 40 slots, 15 jackpot slots, 28 video poker games, and 22 table games. Additionally, Cloudbet offers instant win and keno games. The online casino’s extensive game selection is impressive.

 

Furthermore, we were thrilled to discover that Cloudbet provides live dealer games to its clients. Live dealer games are currently very popular, as they offer added interaction and visibility. At present, Cloudbet provides live dealer games for Baccarat, Blackjack, and Roulette. During our comprehensive evaluation, we tested some of these games and were extremely satisfied with our experience.

 

What impressed us about Cloudbet’s online casino was their inclusion of well-known brand games. It’s common to come across online casinos that only feature generic or imitation games. Fortunately, Cloudbet offers a variety of brand games. Our personal favorites were Gladiator and Dr. Jekyll & Mr. Hyde. We hope that Cloudbet will continue to expand their selection of brand games in the future.

 

Live Casino

This section provides players with access to their favorite casino games and live dealer games. In addition to the virtual slots and 50 Live Tables on offer, players can also test their luck with a wide range of other casino games, including video poker, jackpot games, and more.

7. Sports Betting

Cloudbet offers a wide selection of sports for betting enthusiasts, with over 20 sports available on their sportsbook. It is worth noting that the list provided below is as per our review and is subject to change based on the availability of wagers. In case a desired sport is not listed, customers may want to check back on Cloudbet when the respective season commences.

 

The sports available for betting on Cloudbet include American Football, Aussie Rules, Badminton, Baseball, Basketball, Boxing, Cricket, Cycling, Darts, Floorball, Futsal, Golf, Handball, Ice Hockey, MMA, Motorsports, Pesapallo, Rugby, Snooker, Soccer, Table Tennis, Volleyball, and Winter Sports.

 

Cloudbet offers a fantastic selection of sports to choose from, including both major sports like football and soccer, as well as some harder-to-find sports like Pesapallo and Floorball. However, one notable absence is esports, which is a rapidly growing trend in the online sportsbook industry. It would be great to see Cloudbet expand its offering to include esports wagers in the future.

8. User Experience

Upon first visiting the Cloudbet website, a player’s initial impression will be of its formal, simple, and appealing appearance. The platform avoids wasting users’ time with unnecessary one-liners or call-to-actions, instead directing them to choose between Casino, Sports, and Esports, accompanied by impressive motion footage in the background. The landing page’s arrangement of information, navigation, and concise content is user-friendly and straightforward, with content available in multiple languages for users across over 100 countries.

 

Once a player becomes familiar with the Bitcoin gambling interface, they can easily begin placing bets with ease. Notably, compared to other Bitcoin gambling sites, sports are the prominent theme, with sports pages receiving more prominent placement on the website. However, if a player is interested in Bitcoin Casino, they can navigate to the relevant section for more information.

9. Bonuses & Promotions

In our experience, most online sportsbooks and casinos offer bonuses and promotions to attract new customers and retain existing ones. In this review, we will evaluate Cloudbet’s bonuses and promotions and compare them to other online sportsbooks and casinos. The following is the only bonus Cloudbet had to offer at the time of our review:

 

100% Deposit Bonus for New Players

If you are a new player at Cloudbet, you can benefit from their initial deposit bonus program, which matches your first Bitcoin deposit up to 5 Bitcoins. Your bonus Bitcoin will be credited to your account as soon as you make your initial deposit.

 

This bonus can be quite substantial since one Bitcoin is valued between $3,500 and $4,500. Therefore, if you deposit at least 5 Bitcoins, you could receive a bonus match of over $20,000, which is incredibly rare. It is a massive amount, and we recommend taking advantage of this promotion if possible.

 

However, we found that Cloudbet releases bonus funds in increments as you play on their site and earn loyalty points. Although Cloudbet has a solid welcome bonus match, it is the only promotion they offer. We searched the site for other deals but could not find any. To be competitive with other online sportsbooks and casinos, Cloudbet should offer more promotions and bonuses to retain current customers. Without them, they may lose customers to their competitors. We strongly suggest that Cloudbet adds more promotions and bonuses for their clients.

10. Payment Methods

Cloudbet is distinct in that it exclusively uses Bitcoin as its sole banking method, unlike most other online sportsbooks and casinos that provide multiple banking options. Here are the details of deposits and withdrawals at Cloudbet.

 

Deposit Options

As previously mentioned, Bitcoin is the only deposit option available at Cloudbet. Here are the key details regarding deposit timing, minimums, and maximums:

  • Minimum Deposit Amount: 0.001 BTC
  • Maximum Deposit Amount: N/A
  • Deposit Processing Time: Instant

 

Withdrawal Options

Similar to deposits, Cloudbet only allows Bitcoin for withdrawals from their platform. We’ve included essential withdrawal information below for your convenience:

  • Minimum Withdrawal Amount: 0.001 BTC
  • Maximum Withdrawal Amount: N/A
  • Withdrawal Processing Time: Instant for most requests

 

While a few other online sportsbooks and casinos only use Bitcoin, it remains uncommon. In our opinion, Cloudbet’s exclusivity to Bitcoin is severely limiting its potential client base. Although some individuals have embraced Bitcoin, much of the population is still unfamiliar with it or intimidated by it, making it widely unaccepted. Therefore, we strongly urge Cloudbet to broaden their range of banking options, such as bank wires, credit cards, and Neteller, to appeal to more potential clients.

11. Customer Service

As part of our thorough review of Cloudbet, we also delved into the quality of their customer service. We believe that great customer service is essential for online sportsbooks and casinos, regardless of how good their website appears. It’s reassuring to know that reliable assistance is available if and when needed.

 

Cloudbet currently provides two options for contacting their customer service team: email and live chat. Below, we will provide more information on each of these methods.

 

To reach the Cloudbet team via email, simply send an email to support@cloudbet.com. During our review, we sent several emails to their support team and were pleased to receive timely and satisfactory assistance for each email.

 

The other way to contact Cloudbet’s customer service team is through live chat, accessible through a green bubble labeled “support” on the bottom right corner of every page on their website. By clicking on “Live Chat,” you will be connected with one of their customer service team members. Additionally, if you’re searching for help on a particular topic, you can also browse through help topics from the same support bubble.