Cloudbet Sportsbook Review

Cloudbet is one of the older mainstream crypto casinos, established in 2013, a year before Curacao regulators got into overseeing coin-based gambling. It added sports betting several years back and included an eSports wagering section in 2020. Over the years, Cloudbet has slowly been building up its payment arsenal, now boasting a list of dozens of crypto transaction methods.

Halcyon Super Holdings B.V. from Curacao runs this crypto bookmaker and gaming platform under a Curacao eGaming license, and that is the only online gambling brand this company owns and manages.

Much of the promos here lean on point collection, and even though this sportsbook lacks several modern functions, it offers good odds, an acceptable range of markets, player props, and a cool VIP system.

Cloudbet Bonus Offers

We cannot call Cloudbet a bonus-heavy site. Nevertheless, that does not mean that this crypto casino and sportsbook does not award you for selecting it as your wagering home, as much of the benefits here revolve around the Lightning Point collection system, something we get into below.

Cloudbet Welcome Bonus

Cloudbet has a 100% match bonus for new users that can supply up to an impressive 5 BTC. However, it is only on hand for casino gamblers who deposit at least 0.001 BTC to become eligible to claim said match. It is valid for sixty days, and Welcome Bonus points are earned by placing casino wagers. These get calculated based on the stake and return-to-player (RTP) percentage of the game played.

Cloudbet Free Bets

Sadly, this platform does not give out any on-the-house wagers. It does not list such promos.

Cloudbet VIP/Loyalty Program

Cloudbet has a VIP system for casino and sports gamblers. Let’s break down the sports wagering program in the following subheading.

VIP Program

The Cloudbet VIP system bears the name the Cloudbet Loyalty Club. It has six tiers—Bronze, Silver, Gold, Emerald, Sapphire, and Ruby. You progress through these via your betting activity en route to unlocking additional benefits at each level.

A feature of the scheme is the introduction of Lightning Points. These get earned through gameplay and are a new type of on-site currency, as they can be redeemed in the Cloudbet Marketplace. Using them, you can buy a range of benefits on this platform, even luxury items like a Lamborghini. You get the flexibility to customize your rewards. Know that each tier offers unique advantages. These are increased bonus earnings, additional referral Lightning Points, and reduced rollover requirements.

So, for example, in the Silver level, you get 25% extra Lightning Points from referrals, x2 bonuses, reduced x4 rollovers, and fourteen-day loyalty level depreciation. In the Ruby one, bonus earnings get multiplied by four. Then, referral point accumulation jumps up by 45%, and you get an x1 rollover and forty-two-day loyalty level depreciation. Plus, a VIP account manager gets awarded.

The level of depreciation periods varies. They start at seven at the Bronze tier and go up to forty-seven at the Ruby tier. Hence, the higher your level, the longer you are allowed to maintain your status here.

Other Cloudbet Bonuses

The promo section at Cloudbet generally revolves around this site’s Marketplace. That is this hub’s go-to destination for redeeming Lightning Points earned through bets and referrals. The cool thing about this part of the Cloudbet website is that you can customize your bonuses for sports and casino gambling, tweaking terms and given sums. That is a flexibility we do not remember seeing elsewhere.

The site also likes to run defined gaming promotions like free spins deals. Therefore, the only other way for Cloudbet bettors to snag benefits from gambling here, aside from the mentioned methods, is via this bookie’s affiliate scheme advertising a 25% revenue share of the hub’s net revenues. There is no limit on the amount of cryptocurrency you can earn as an affiliate here.

Cloudbet Design & UX

We are unsure what sportsbook solution Cloudbet implements or if it has developed its own. We asked the support staff about this. And they said that they could not provide this info. The organizational pattern is pretty much the standard one with some subtle differences. For instance, how the in-play section gets handled. You only get an event selection area with featured odds and sports tabs at the top. One aspect of Cloudbet’s UX design we like is that when you click on a bet choice – a window appears, allowing you to instantly make that wager by selecting a stake size or typing out your own.

Navigation here should be pretty easy for all, and we do like that this site offers something a bit novel in terms of design. It is not much, but it is enough to make this sportsbook appear somewhat fresh compared to its opposition online.

Cloudbet Sports

The sports you can bet at on Cloudbet are Snooker, Volleyball, Aussie Rules, Golf, Handball, Greyhounds, Rugby Union, Squash, Ice Hockey, Boxing, Baseball, MMA, Table Tennis, Horse Racing, Basketball, Cricket, Kabaddi, Darts, Floorball, Soccer, Rugby League, Tennis, American Football, Olympics, Bandy, and Futsal.

The platform also accepts wagers on virtual sports, politics, horse/dog races, and entertainment events.

On the eSports front, you can bet on Call of Duty, Counter-Strike, Corssifre, Dota 2, FIFA, League of Legends, NBA2K, Rainbow Six, Valorant, and Starcraft.

Cloudbet Betting Markets

It surprised us to see that Cloudbet allows player props for popular sports for distinct events. Regarding soccer/football games, you can bet on totals and handicaps. You can also explore 1st/2nd half markets, corners, bookings, and other specials. We saw many player pros for all NFL games, but we could not see any for NBA games. Tennis games had a decent market selection, and the same applied to some other sports but not to combat ones.

In-Play Betting & Live Betting

In-play wagering is on hand here, but the number of events listed is not as robust as we hoped. That said, you get the cash-out feature for select events. Know that you cannot edit bets in this sportsbook. Thus, be careful when you make them. There is also no advanced Bet Builder here. The platform also lacks a modern tracker feature for most games, with live stats being available for select events.

Cloudbet Odds

The odds formats presented at Cloudbet are American, Hong Kong, Malaysian, decimal, and fractional. Overall, the odds here are good, with the bookie margin falling in the low 5% range (as a rule of thumb). They offer good value in sports like football and basketball but taper off in quality for events that do not draw significant interest. You can choose to automatically accept better odds at Cloudbet.

Cloudbet Live Streaming

In general, you will not find many live streams at Cloudbet. There are some, but these are usually YouTube feeds or ones embedded here from other platforms.

Cloudbet Mobile App

You will not find a Cloudbet mobile app for any device type. The good news is you do not need one. We tested the Cloudbet version, and it ran fine on our older Android (Samsung) phone. At first, we experienced some slow load times, but we quickly discovered this was due to our unstable router. The organizational structure you see on a smaller screen is concise, and everything is readable. The Cloudbet website looks a tad more basic on smartphones than some other top-rated crypto sportsbooks we have reviewed. In our eyes, that is not a bad thing. We think that anyone should be able to bet fairly smoothly on the go here.

Cloudbet Customer Service

The live chat window at Cloudbet quickly connected us to a site representative. The person we communicated with through this support avenue for over an hour was super pleasant. Nevertheless, he did not know everything we asked. Do not get us wrong, he knew loads. But, he gave us two bits of inaccurate information and did not know anything about one aspect of this platform, nor could he access that info. So, our live chat experience here was so-so.

Email assistance is available at [email protected], and we got some decent service through this method, with replies to our questions landing in our inbox within thirty minutes. The Cloudbet Help Center is pretty extensive, featuring over ninety articles on seven subjects, plus a category dedicated to FAQs.

How to Register at Cloudbet

You join Cloudbet by supplying your email, inputting a password, and clicking on a confirmation link sent to your email inbox. Alternatively, you can create an account on this platform by providing your Google, Facebook, or GitHub credentials.

Cloudbet Payment Methods

Cloudbet allows you to use the following cryptos: Solana, Ethereum, Bitcoin Cash, Fantom, Uniswap, Litecoin, Polkadot, Algorand, USD PAX, USD Neutrino, USD Coin, EOS.IO, Shiba Inu, Zcash, Chainlink, TRON, Dai, Stellar Lumens, Dogecoin, Avalanche, Bitcoin, Binance Coin, Staked Ethereum, Cardano, Dash, Paxos Gold, Polygon (formerly Matic Network), and XRP.

If you do not have any cryptos in your wallet, you can buy some here without leaving the site using a MoonPlay widget.

Cloudbet does not impose any deposit fees. No minimum or maximum limit is in play. The minimum withdrawal amounts on this website will vary depending on the blockchain used. Additionally, you will be responsible for a blockchain network fee/gas fee for each withdrawal. There is also no max withdrawal cap at Cloudbet.

The customer support agent we spoke to said this crypto sportsbook does not have defined rules for when KYC will get activated here. He said – feel free to withdraw and deposit as you please for the time being. Yet, keep in mind that you may be asked to undergo a KYC eventually. The Cloudbet AML/KYC Policy has been established to mitigate risks associated with illegal activities. Customer due diligence here is conducted through identity verification processes. Individual customers undergo identity verification through contracted services like Jumio Corporation. Enhanced measures are applied to high-risk customers. For one to earn this label, considering factors include Politically Exposed Persons, jurisdictional risks, and correspondent banking relationships. You will have to supply a copy of your ID and proof of address to complete this process here and know that Cloudbet reserves the right to keep making you go through it if it suspects you of something nefarious.

You must bet 100% of your deposited funds here in order to ask to take out any winnings.

Is Cloudbet Safe?

Cloudbet boasts a Cloudflare security certificate listing ECC-based encryption. Users are urged to read the Privacy Policy alongside any other provided rules to understand how their data gets used here. That part of the site is quite detailed and deserves praise.

The general T&C mentions 2FA, but we did not see such an option in the profile ones. We only saw the ability to review past bets there and noticed no responsible gambling features. Self-exclusion is possible here if you contact the support staff by email/live chat and ask for such a ban to be implemented.

The user reviews for this brand are a bit mixed. On two sites, they were a blend of positive and negative grades, and on another platform, the reviews dominantly sang this hub’s praises. It is good that we saw a few users complain about withdrawal-related issues, only noting that fund removals may take longer than expected on some occasions.

Cloudbet Gaming License

Curacao eGaming, an international regulator active since 1996, licenses and monitors Cloudbet’s activities. Without question, this body is considered the best master license holder from Curacao’s batch of four.

Cloudbet Review Conclusion

Is Cloudbet a top-five crypto sportsbook? The short answer is no. It has many positive aspects and seems to boast a fairly acceptable reputation. Nonetheless, it cannot compete with the big dogs when it comes to functionalities, market offerings, features, and more. We would still call it a notch above average and a virtual bookie you should not shy away from.

Explore the Cloudbet website. Maybe by the time this review finds you, its management will have added various new elements. We like that there are no limits here and the wide range of cryptos you can use. We also rattled off many other positives above, but those are not enough for us to label this Internet bookmaker as a non-miss premium one. We will rank it as just – good.

Frequently Asked Questions

• Does Cloudbet have a gambling license? +
  Yes, it has one from Curacao eGaming.
• Which payment methods are available at Cloudbet? +
  They are Chainlink, Solana, Ethereum, Dogecoin, Algorand, USD Coin, Bitcoin Cash, Zcash, Dai, Cardano, USD PAX, Shiba Inu, Litecoin, Polkadot, Fantom, TRON, Uniswap, EOS.IO, Stellar Lumens, Binance Coin, Dash, Avalanche, Staked Ethereum, Bitcoin, Paxos Gold, Polygon (formerly Matic Network), USD Neutrino, and Ripple.
• Does Cloudbet have a mobile app for Android and iOS? +
  No, it does not.
• What is the maximum payout at Cloudbet? +
  The site staff told us there is no such limit. It all depends on the odds and how much your limits currently allow you to bet on a given event. Nonetheless, we saw that the terms and conditions page states there is a €300,000 sports bet win cap.
• Is live streaming available at Cloudbet? +
  Video feeds for real-time sporting events at Cloudbet are only available for minor sports.