Cloudbet Review

Cloudbet are an excellent crypto gambling platform with a great sportsbook. Our Cloudbet review found that they are a solid and reliable company who offer highly competitive odds, a huge range of crypto payments with speedy withdrawal times, a good range of sports and genuine depth to the leagues and markets you can bet on. The welcome bonus sees you consistently rewarded for playing regularly over a 30-day period and their loyalty programme continues in the same way, giving consistent users of the site a great chance to maximise value.

Cloudbet may lack the range of promos that other operators have and may not have traditional payment methods. But if you’re looking to be rewarded as a regular player, consistently get quality odds and fund your account with crypto, it may just be the site for you. Read on to discover more.

Info

Cloudbet does not support all territories and if you are in the UK, you may need a VPN to access the site. Through this, you will still be able to buy cryptocurrency and use the site. Check out our guide to betting with a VPN here.

Player safety and security is a top priority for us when reviewing any betting site. So, the first thing we need to address in our Cloudbet review is the operator’s licence and security. We can report that Cloudbet are licenced by the Curaçao Gaming Control Board (eGaming), number 5536/JAZ, with the licence being granted to their operating company Halcyon Super Holdings B.V. This has been the case for well over a decade. Cloudbet were formed in 2013 and have earned their reputation as a trustworthy, solid and reliable crypto gambling platform.

With regards to security, Cloudbet have SSL encryption in place along with MPC wallet security and two-factor authentication, meaning that you can be extremely confident that your personal details and financial information are safe.

Our Cloudbet sportsbook review discovered that they have a responsible gambling section with resources and tools that include self-exclusion options, and access to professional external support agencies.

Is Cloudbet Legit?

Chris Sampson: Cloudbet holds a full licence and enjoys a deserved reputation as a solid and reliable crypto gambling company. They have several measures in place to ensure that your cash and data remain secure. You can be confident in security and in fairness of all bets and games at Cloudbet.

You can be registered with Cloudbet and enjoying the sportsbook within a matter of minutes. It is a simple process, and we have provided you with a step-by-step guide.

Cloudbet's sign-up form

Go to Cloudbet, click the joint button and then enter your email and create a password.

Confirm your email with Cloudbet

Verify your email address.

Cloudbet's personal details registration page

Create a username and then enter your date of birth. You are then up and running.

KYC Account Verification

For further verification to gain full access to Cloudbet, you need to enter your mobile number, fill in a Captcha box and then provide proof of identity with your passport or driving licence.

Straightforward registration process at Cloudbet

Chris Sampson: Our Cloudbet Review found that the registration process is quick and easy. It can be a bit of a nuisance bouncing between your email and the site, though, overall, the procedure is quick and simple enough. Further verification is needed as part of the bookie’s KYC checks. This is a positive, as it shows that Cloudbet are taking this seriously, which is very much in line with their solid reputation.

Cloudbet Sign-Up Offer

Cloudbet have an attractive welcome bonus that offers cash rewards up to $2,500 dollars. Like many similar sites, if you want to get to the higher end of this amount for your welcome bonus, you are going to have to place a lot of bets. However, unlike a lot of their competitors, there are no actual wagering requirements on this Cloudbet bonus for new customers. It simply means that the potential to earn rewards for more casual punters will be on the small side. Once the 30 days are up, you will then graduate to Cloudbet Rewards, where, once again, there will be plenty of incentives for regular customers. The offer is simple to claim, and you just have to opt in. When registering, there is a space for a Cloudbet promo code, however, this is simply a formality, as it is entered automatically. Check out our guide to sign-up offers to know more.

Cloudbet Bonus for new customers: Great value for regular bettors

Chris Sampson: The Cloudbet sign-up bonus is a great 30-day program where you are rewarded in cash for depositing and betting. While players who use the site on a more casual basis and/or bet sparingly still get daily rewards, you need to make a greater commitment to get the higher rewards. We would encourage you not to dramatically increase your betting output to fall in line with this bonus, but to take advantage of the lack of wagering requirements and enjoy whatever rewards you manage to earn while sticking to your betting strategy.

Cloudbet Other Promotions

There are very few regular promotions for existing customers at Cloudbet. This is due to the bookie putting all their energy into Cloudbet Rewards loyalty scheme and into the welcome offer. Occasionally, the bookie will have specials around big events or there will be special bet builder offers. But there is nothing at the time of writing other than refer and earn.

VIP and Loyalty Programme

Cloudbet Rewards is a comprehensive loyalty scheme that rewards all punters for betting. As soon as you have completed your 30-day welcome package, you start earning points each time you bet, which comes in the form of cash. It comes in the form of a rakeback, where each bet you place earns you a percentage of the house edge. Some of this goes straight into your wallet, while other cash is added to your rewards calendar to claim later. The rewards unlock three times each day, after which you have 12 hours to claim them. This is linked to the VIP programme, where you can progress through the tiers. There are eight levels ranging from Bronze to Blue Diamond. At Bronze you get instant rakeback, a daily cash reward and a turbo boost for casino players. As you go through the levels, the cash rewards increase and you can get other perks including VIP events.

Comprehensive VIP & Loyalty Program at Cloudbet

Chris Sampson: Cloudbet may lack variety when it comes to promos for existing customers, but the 30-day welcome bonus and Cloudbet rewards mean that the potential is there to increase value.

Cloudbet specialise in cryptocurrency and they provide punters with a great deal of choice. Popular options including Bitcoin, Tether, Etherium, and Ripple are there. Unfortunately, this bookmaker does not accept traditional payment methods such as debit cards, but one of the reasons punters choose Cloudbet is for the quality and quantity of the crypto payment options.

How to Deposit Funds to Cloudbet – My Experience

Our Cloudbet sportsbook review found that depositing was a simple procedure. We have broken down the process into steps.

1. Go to Cloudbet, sign into your account and then go to your wallet.

2. Go to “Deposit” and click on “Buy Crypto”.

3. Select your preferred cryptocurrency from the available options.

4. Scan the QR code or copy the unique deposit address or scan the QR code.

5. Open your crypto wallet and start the transfer.

6. Confirm the transfer, wait for blockchain confirmation and then the funds will be in your Cloudbet wallet.

How to Withdraw Funds from Cloudbet – My Experience

Withdrawing funds at Cloudbet is a secure and speedy process. All the crypto payment options state that you will have your funds within 24 hours and, in many cases, the process is instant. The process is easy. Check out our guide to the Cloudbet withdrawal procedure. There is also the option to get crypto with Fiat using USD or Euros.

1. Log into your Cloudbet account and go to your wallet.

2. Select Withdraw.

3. Click on the cryptocurrency you want to use to withdraw.

4. Provide your external wallet address and choose how much you want to withdraw.

5. Check the network fee, confirm and complete security verifications.

6. After processing and blockchain confirmations your funds should be in your account.

Cloudbet: Great choice of crypto and speedy withdrawals

Chris Sampson: As a gambling platform specialising in crypto payments, you would expect Cloudbet to excel in this area. And you won’t be disappointed. They have a great choice of cryptocurrencies available, Cloudbet withdrawal is rapid and with the security measures they have in place you can be confident that your funds are safe. A reason punters use Cloudbet is for the speed, range and quality of their crypto payments. Nonetheless, if you don’t want to use crypto, there are no Cloudbet alternatives such as debit cards or conventional bank transfers.

Cloudbet have over 25 sports to bet on. This may be less than some of their rivals, however, they still provide odds on popular sports among bettors such as football, horse racing, tennis, golf, basketball and cricket along with more niche options, for example, squash. What they may lack in sheer numbers, they make up for in quality with a huge depth of leagues and markets. The bookie has a dedicated esports section, a decent in-play section and a bet builder for several sports.

In terms of limits, most punters will be satisfied. The minimum stake is 0.0000001 Cryptocurrency or equivalent in fiat. There is no set maximum stake. This is at the discretion of the operator; however, the limit is generally up to 12 BTC for most sports. The maximum payout given by the bookie for multiple bets has a cap of €1,000,000.

Cloudbet Football Betting Coverage

Football is the most popular sport to bet on globally; therefore, it is vital for top bookmakers to cover the sport with both depth and quality. Our Cloudbet review found that there are a huge number of leagues covered around the world with a fantastic array of markets for the most popular and important matches. You can bet on the lower divisions in Poland and Norway, regional leagues in Australia and the coverage of English football goes deep into non-league, with the odds on the Northern Premier League, the seventh tier on the pyramid. There is a good range of outright bets available for loads of leagues, cups and competitions and the odds offered compare favourably to the best football betting sites in the UK. The bookie also have football leaderboards, which highlight the punters who have had the best ROI in football betting, the leading parlay bettors and more.

Cloudbet Horse Racing Betting Coverage

Horse racing punters at Cloudbet can wager on meetings from around the world, including the UK, Australia, South Africa and the United States and selected meetings have livestreaming. Cloudbet offer a good range of markets as well as betting on the winner. You can bet each-way, on places, quinella and trifecta.

Cloudbet Tennis Betting Coverage

Tennis is a hugely popular sport among bettors and Cloudbet cover a fantastic range of tournaments. Obviously, the Grand Slams, the Davis Cup and the ATP and WTA events are covered, but our Cloudbet sportsbook review can confirm that they go deeper with the Challenger Tour, ITF men and women and other international events. Obviously, the Slams and the top ATP/WTA events have a greater choice of markets, but the lower-level tour matches still have over/under betting on total games and handicap betting alongside the match result.

Cloudbet Basketball Betting Coverage

Another strength of Cloudbet is their basketball coverage. The NBA has a range of outrights available, as well as loads of markets for each match including player props. As well as the NBA college basketball and women’s basketball in the US, the bookie has plenty of choice in terms of matches, markets and outright bets. Leagues from all over the world are covered, including big European competitions such as the Euroleague and the Eurocup.

Cloudbet Esports Betting Coverage

Our Cloudbet review discovered a dedicated esports section with a whole host popular games such as Dota 2, Valorant, Call of Duty and FIFA. There are several markets available and livestreaming on selected events. Markets available for Dota 2 include match/series winner, team total kills, over/under on game duration and most kills during each game.

A major plus point of Cloudbet is the quality of their betting odds. Our Cloudbet sportsbook review found that this operator consistently offers great value odds across a range of sports. For three random international matches, Cloudbet averaged 106.06% on the overround, meaning that the bookie is taking a margin of less than 7%. 110% on the odds overround is good odds, so Cloudbet offer decent value for money for football. We checked out a range of other sports, and it was a similar story. We then put Cloudbet up against bet365 and BetVictor, two of the best bookies in the UK, both of whom are known for offering good odds.

Cloudbet offered better odds for the football and tennis matches we looked at than both bet365 and BetVictor. They fell well short of this with the Premier League Darts odds, however, overall, they came out marginally behind bet365 and ahead of BetVictor across the three events we picked, proving that Cloudbet can go up against leading online bookmakers and offer comparable or better value.

In terms of markets, we find that punters have plenty of choice at Cloudbet. Like all bookmakers, more popular sports, tournaments, events and matches have more extensive markets. However, in many cases, lower profile events still provide players with a decent range of betting options.

Cloudbet: Great value odds

Chris Sampson: Our Cloudbet review found the bookie to consistently offer great value odds across the range of sports. They stood up well against betting giants bet365 and BetVictor and this, combined with the depth of markets you can wager on, mean that Cloudbet provide you with a great betting experience.

Live Betting

You can find Cloudbet’s live betting section listed under In-Play at the side of the page. There are large number of sports available for live betting, including football, basketball, ice hockey, volleyball and darts. The in-play odds, like the pre-match odds, are competitive. You will find that the odds are refreshed quickly and there are plenty of stats to help you, especially when betting on higher profile events. There are plenty of markets available and you can keep up with the action through graphics. Selected events are available for livestreaming.

Cash Out

Cloudbet have a cash out feature that allows you to secure some of your winnings early if a bet is winning and helps you to reduce losses if it looks as though your wager will lose. Like many other top bookies, you have the option to go for full or partial cash out. You can take advantage of this on selected wagers and markets. The system is easy to use and events that are available for cashout are clearly marked.

Bet Builder

The bet builder is a strength of this operator. Our Cloudbet review found that the feature is available for a range of sports including football, basketball, cricket, tennis, rugby union and rugby league. This is more sports than many bookmakers. For example, in cricket, there are greater betting options available than at many operators in terms of player props and this makes the cricket bet builder worthwhile and a useful tool.

Casino

Cloudbet has a strong casino vertical alongside their sportsbook. Our Cloudbet casino review found that there are over 3000 games from leading providers, such as Pragmatic Play and Evolution. You can move between slots, including Gates of Olympus Super Scatter and Book of Dead, table games, with classics like blackjack and roulette, and live games shows.

The welcome offer is the same format as the sports betting Cloudbet bonus for new customers. Again, there are fewer promos than many sites, as most of the opportunities to increase value come through firstly, the welcome offer and, secondly, the loyalty program. At the time of writing, the one standalone casino promo is Pragmatic Play Drops & Wins, where there are 100,000 prizes up for grabs every week from a €25 million prize pool. Like the sports betting vertical, the Casino at Cloudbet provides a good quality gambling experience with a great rewards system.

There are several links at the bottom of the page under support, including the responsible gambling section. There is a “Help Center”, where there is a good bank of information, including FAQs. There is a 24/7 live chat option, which is automated but can solve some problems. You can email the operator for a detailed explanation; however, you will have to wait 24 hours for a response. As well as English, there are 17 languages, which reflects the global nature of this operator’s service.

There is no Cloudbet app to download. Cloudbet are only accessible via your browser, but the good news is that the site adapts exceedingly well to mobile devices. Everything functions well on mobile, from live betting to the bet builder or Cloudbet withdrawal.