Cloudbet Review

• Read the concise Cloudbet review to know more about the impressive platform and its exciting features of instant withdrawals, flourishing betting markets, attractive welcome bonus offers, and more.
• Cloudbet is a safe and secure choice for betting on sports and on casino games online. The site went live in 2013 but the security measures have been updated frequently over the years.
• Cloudbet Review. 100% up to 5 Bitcoin. New customer offer - Minimum deposit 0.01 BTC - The Cloudbet bonus is released through Loyalty Points - After receipt, the amount must be released within 365 days. 100% up to: 5 Bitcoin.
• Cloudbet Review. By: Alex Miguel Last updated: 1/12/21. Cloudbet is an all-in-one online betting platform, which includes casino games as well as sports and esports betting services. In this article, I’ll review.

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.

PROS

• Bitcoin-only casino and sportsbook
• Fast deposits and withdrawals
• Live dealer casino

Here we introduce Cloudbet, which may not have the reputation of some of the largest gambling operators out there, but which can be considered a new kid on the block with a very unique advantage. It’s a bitcoin-only site, and while it has only been in operation since 2013, it has quickly grown a strong customer-base among players who are concerned about their anonymity and who like fast transactions with zero fees. The site is powered by Betsoft software – a company which specializes in 3D slots – and along with some of these great slots, there is a very good range of casino table games, instant win games, and keno and lottery games. It offers a good sportsbook, with in-play action available on local and international sports, and a live casino with dealers based in five different locations around the world: Central America, South America, Asia, Central Europe, and Western Europe. The site is fully instant-play so there is no need to download software, and mobile and tablet users can benefit from the optimised mobile site simply by logging in via their device web browser.

A New Breed of Casino

Bitcoin casinos are relatively new to the gambling scene, but they have made a big impact on the industry. One of the biggest changes they have helped to force is ‘provably fair’ gaming, and it is now common for all online websites to be much more open about the randomness of the technology that powers their games. Bitcoin is a digital currency that has grown exponentially over recent years, and fits hand-in-hand with online gaming. Users can open a bitcoin wallet with a number of different providers which works in a similar way to e-wallets – allowing you to pay for goods and services online – but crucially allows the user to remain completely anonymous. Bitcoin currency is not linked to any central authority or fiat currency, and all that is needed to open a bitcoin account is an email address which means you don’t have to provide any of your personal details. Transactions are notoriously fast with deposits and withdrawals often carried out within minutes, and there are no banking or transaction fees to contend with.

Casino and Betting

The casino is well-developed for such a new operator, with a great selection of slots including the likes of Mega Moolah, Greedy Goblins and Ninja Fruits. Table games are also well-covered with several versions of Roulette, Blackjack, Baccarat, Craps and Red Dog, but it’s the live casino which really gets the juices flowing. Cloudbet offers live dealer casinos from five different parts of the world, with croupiers based in studios in Central America, South America, Central Europe, Western Europe and Asia, so whatever your preference you can enjoy the ‘real’ casino experience with dealers from each area. Sports betting is also comprehensive, and the majority of our local leagues and competitions are covered, with Kuwait, Saudi Arabia, and Egypt among the football leagues available for betting. If you like to bet in-play on the action you can do this too, and with the excellent mobile site on iOS, Android and Windows, you can bet while you watch games live. The welcome bonus for new players offers up to 5 bitcoins as a matched deposit bonus – this is equivalent to over $1000 – and ongoing loyalty promotions offer extra bitcoins on a regular basis just for playing slots and casino games in the casino. However, the casino is not available in the US, UK, Hong Kong and Singapore.

Secure, Safe and Private

The most obvious advantage to Cloudbet is the fact that it uses bitcoin currency, and as privacy and security are so important in our countries, this should not be overlooked. We have detailed guides to the regulations in each country in our region, and you should familiarize yourself with these to ensure your own safety. As bitcoin is anonymous and untraceable, it is easy to keep both your identity and your gambling activity completely secret when using bitcoin. Do not forget though, that your internet activity can also be traced by your internet service provider, and we strongly recommend the use of a VPN to disguise your web browsing activities so it is impossible for anyone to trace the websites you visit. For more information on how to use bitcoin currency and how to route your internet connection through a VPN read our guide to your country. Neither of these methods is difficult and neither requires technical knowledge, but when used together they will provide you with the peace of mind that your betting activity is entirely secret.

Bitcoin Banking

Cloudbet accept Bitcoin and Bitcoin Cash as payment methods, so it is truly a bitcoin-only casino. As we mentioned earlier, bitcoin is not subject to any transaction fees and deposits and withdrawals are practically instant. This is another huge advantage as traditional payment methods often take several days to release funds, and many will charge you for the privilege of withdrawing your winnings. This is not something you need to worry about with bitcoin, and that is why the digital currency has quickly become so popular among the online betting community. But if you come across any hiccups, get in touch with the helpful support team via email and live chat.

Our Final Thoughts

Cloudbet operates under an E-Gambling Montenegro and Curacao licenses, and while bitcoin casinos are not fully recognised by some of the more regulated authorities, there should always be a little bit of caution when using bitcoin-only casinos. However, Cloudbet is arguably the biggest and best bitcoin casino out there, and we are seeing substantial growth in this sector of the industry. Our members report a safe and satisfying experience when playing at Cloudbet, and the privacy this operation offers is vital for users in our part of the world.

Cloudbet is one of the oldest and best-known Bitcoin casinos. It was launched in 2013, several years after Bitcoins were first developed and a year before the launch of the hugely popular Bitstarz, which is considered to be one of the biggest and best in the industry.

…one of the oldest and best-known Bitcoin casinos

Unlike other casinos that accept multiple different currencies and cryptocurrencies, Cloudbet sticks with Bitcoin. It is the only currency used on the site and the only way to get money into and out of your Cloudbet account. If you don’t use Bitcoins and have no intention of doing so, this is not the online casino for you. But let’s be honest, this is a Bitcoin casino review site—most of you will be very familiar with this payment method by now and should be more than happy to use it.

Cloudbet is fully audited and guaranteed to be safe and fair. The site can be accessed in a selection of common languages (including English, Chinese, Korean, Russian, and Turkish) and it has an impressive and professional customer support team behind it. You can contact these support experts by Live Chat to get the help you need.

In this Cloudbet review, we’ll look at the best features of this cryptocurrency casino, covering its many games, its generous bonuses, and everything else that it has to offer.

Bonuses

All new Cloudbet players can get 5 BTCs when they join this casino and make their first deposit. This bonus comes in the form of a Matched Deposit, which means that your deposit will be “matched” with a number of bonus credits up to a maximum of 5 BTCs.

Unlike a traditional Welcome Bonus, which releases the money all at once, Cloudbet’s bonus releases them at a steady rate of 0.01 BTC per 800 points earned. This may sound like a step back when compared to traditional bonuses but it’s pretty much the same bonus structured in a different way.

A traditional bonus, for instance, would require players to meet wagering requirements once the money has been released. They could be tasked with wagering 50 BTCs just to unlock a bonus of 1 BTC. With Cloudbet’s bonus, the process is essentially flipped, with players unlocking the bonus first and then getting complete access to it once it is released.

This bonus has a minimum deposit of 0.01 BTC, which means all players can find their level and earn some credits.

Cloudbet also has a very generous loyalty program. Every time you take a spin of a slot machine or play a table game, you will earn loyalty points. When you get enough points, you can swap them for cash, tickets, free plays, and rewards. It’s these loyalty points that players need to collect in order to unlock their 5 BTC Welcome Bonus. The Cloudbet loyalty scheme also increases table game limits, giving high rollers access to higher bets.

Highlights

• Mobile-Friendly Casino with Support for Many Devices
• Only Accepts Payments in Bitcoin
• Very Fast Withdrawals for All Players
• No Withdrawal Limits (at all!)
• A Varied Selection of Great Games from Top Developers
• Very Generous Bonuses
• One of the Best BTC Online Casinos we have Reviewed

All new Cloudbet players can get 5 BTCs when they join this casino and make their first deposit. That’s a huge sum of money when you consider that a single Bitcoin is worth more than €25,000 at the time of writing and is climbing all of the time. In fact, it makes sites like Rabona Sportsbook and Casino look pretty tame by comparison and make Cloudbet one of the best options for high rollers.

This bonus comes in the form of a Matched Deposit, which means that your deposit will be “matched” with a number of bonus credits up to a maximum of 5 BTCs.

Unlike a traditional Welcome Bonus, which releases the money all at once, Cloudbet’s bonus releases them at a steady rate of 0.01 BTC per 800 points earned. This may sound like a step back when compared to traditional bonuses but it’s pretty much the same bonus structured in a different way.

A traditional bonus, for instance, would require players to meet wagering requirements once the money has been released. They could be tasked with wagering 50 BTCs just to unlock a bonus of 1 BTC. With Cloudbet’s bonus, the process is essentially flipped, with players unlocking the bonus first and then getting complete access to it once it is released.

This bonus has a minimum deposit of 0.01 BTC, which means all players can find their level and earn some credits.

Cloudbet also has a very generous loyalty program. Every time you take a spin of a slot machine or play a table game, you will earn loyalty points. When you get enough points, you can swap them for cash, tickets, free plays, and rewards. It’s these loyalty points that players need to collect in order to unlock their 5 BTC Welcome Bonus. The Cloudbet loyalty scheme also increases table game limits, giving high rollers access to higher bets.

This may not sound like the perfect for small stake players, as that bonus is a little out of reach. In such cases, you may be better off with Cadoola Casino and other sites that focus on smaller Matched Deposit offers and traditional currencies.

If you are a higher roller, this is definitely the website for you. Not only are the bonuses geared more toward high stake players, but the limits are also much more favourable.

Games and Software

All Cloudbet games can be accessed on mobile and desktop, with instant play supported on both. Providing you have a good connection and a popular web browser, you can join Cloudbet regardless of your device or platform. First and foremost, Cloudbet is a Microgaming casino. This is the brand responsible for some of the world’s best progressive jackpot slots and the creator of games like Thunderstruck, Avalon, Football Star, Mega Moolah, and countless others.

In addition to this historic and popular developer, Cloudbet also has games from Betsoft, one of the most graphically advanced and innovative creators in the iGaming sector. If you have ever played games like Slotfather, It Came from Venus, and Jekyll and Hyde, you will have seen just how jaw-droppingly beautiful and stunningly creative Betsoft’s games are.

We have spoken extensively about Betsoft in the past and have praised this developer for its brilliant 3D graphics and its devotion to creating innovative titles. Max Quest: Wrath of Ra is a great example of that, as it completely removes all game reels and swaps them for a shoot-em-up style theme, creating something that looks more like a mobile game than a traditional slot machine.

This innovation didn’t really pay off, because while the game did secure numerous awards for Betsoft, it wasn’t hugely popular and was eventually pulled from most casinos. But the Betsoft team are still creating top titles and we’re always excited to see what new games they have to offer.

Cloudbet also has a Live Casino, with all games provided by Evolution Gaming. While Microgaming is the king of the real money slot and of standard casino games, Evolution Gaming is the king of Live Casino games.

This brand and its tireless team of developers has created some of the most noteworthy Live Casino games in recent history, helped by the addition of licenses from major board games and game shows (including both Deal or No Deal and Monopoly). It also has a plethora of classic card games, wheel games, and dice games, all of which are available at Cloudbet.

Payment Methods

As noted already, Cloudbet is a Bitcoin-only casino. You cannot use any other method to deposit or withdraw, and why would you want to? Let’s be honest, you wouldn’t be here reading this Cloudbet review if you weren’t a big fan of Bitcoins and cryptocurrency gambling in general. Bitcoins are fast, secure, and anonymous. It is the perfect payment method for online casino players who value security and speed.

Cloudbet does have a pending period, which is the amount of time that the casino sits on a withdrawal before initiating it, but this period lasts for less than 12 hours on average. This means that you should receive your winnings in your Bitcoin wallet within hours of pressing “Confirm”.

You may be required to submit a photo ID and other verification data before you make a withdrawal. This can be frustrating as a player, especially if you’re expecting your money in a few hours and are forced to delay that time by a few days, but it’s standard practice. Furthermore, Cloudbet expedites this process and its support team is on hand to help if you encounter an issue.

Limits and Licenses

Cloudbet Review Reddit

It has been claimed in other Cloudbet reviews that this site has a withdrawal limit in place. It certainly wouldn’t be an unusual addition as it is common on many online casinos (albeit less so on cryptocurrency casinos). However, there is no mention of such a limit in the site’s terms and conditions and we have also received confirmation from the site themselves.

We can confirm, once and for all, that there is no withdrawal limit on Cloudbet. Usually, we would preface this with a note that you might face limitations on specific transactions and payment methods, but that should not be the case with Bitcoins.

We can’t express just how rare it is to find an online casino that doesn’t have a withdrawal limit. Even sites like SlotsHeaven, which is owned by one of the biggest casino brands in the world, has a withdrawal limit in place. Some of the best casinos that we have come across have been ruined by disappointingly low withdrawal limits so it’s great that Cloudbet doesn’t have one.

The lack of a withdrawal limit, combined with fast withdrawals, doesn’t mean you can deposit and withdraw huge amounts at will and without requiring any additional steps. As is the case with all reputable online casinos, you will need to verify your identity using a photo ID. Casinos do this to prevent money laundering and underage gambling and it is a legal requirement with many regulators.

If you have any issues during the verification process, simply contact Cloudbet customer support via Live Chat. The support team is very helpful and professional and via Live Chat, you can often get the help you need in just a few minutes. This applies regardless of where you are in the world and what time you’re contacting them.

Cloudbet is licensed in Curacao, which means its services can be provided to players in countries all over the world. The only exception is for countries that have their own strict regulators, such as the United Kingdom and Sweden. Cloudbet is also restricted in the United States, where all forms of online gambling are highly restricted, and it can’t be accessed in Italy, Spain, Switzerland, Singapore or Hong Kong.

FAQs

When Was Cloudbet Founded?

Cloudbet launched in 2013, making it one of the longest-running BTC casinos on the market right now.

Does Cloudbet Accept PayPal?

You cannot use PayPal on Cloudbet. You will have to take your money elsewhere if you want to use this popular web wallet.

Is Cloudbet Safe?

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It is one of the safest online casinos out there right now. Your money is definitely safe and secure with this website.

Can I Play Cloudbet in the UK?

You cannot join Cloudbet if you are in the United Kingdom. A handful of other regions are excluded as well. Take a look at our restricted region list below for more information.

What Currency Can I Use at Cloudbet?

You can only use Bitcoin at Cloudbet. That shouldn't be a problem for most of our readers, though, as the majority of you are here for cryptocurrencies!

Where is Cloudbet Regulated?

Cloudbet is regulated in Curacao, the same region that oversees the option of some of the industry's biggest online casinos.

Does Cloudbet Have a Loyalty Program?

Yes, and as noted in our review, it's a very generous program with lots of great offers. For more promotions like this, take a look at our review of Kingdom Casino.

Conclusion

Cloudbet Review

Cloudbet might not have the variety seen on casinos like BitStarz but if Bitcoin is the only payment method that you care about and you want a casino with big bonuses, varied games, and top-drawer customer support, you can’t go much wrong.

Cloudbet Casino

Cloudbet was one of the first casinos that we reviewed here at Coinbuzz and since we first posted this review, we have reviewed hundreds of other online casinos. Roughly 90 to 95% of those have withdrawal limits and many of them limit players to withdrawals of just €3,000 to €5,000 a month. A larger number don’t have VIP schemes, either, and some of them have very substandard customer support, a limited selection of games, and a few other faults.

Cloudbet No Deposit Bonus

Once you take all of those things into consideration, you realize just how great Cloudbet is and how much it has to offer modern BTC casino players. It truly is a fantastic online casino and one that we would recommend to all players seeking a new full-time gaming destination.

Is Cloudbet Legit

Sign up to Cloudbet today, collect your new player Welcome Bonus, and see what all the fuss is about.