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Cloudbet is one of the industry leaders in as far as online crypto gaming is concerned. The site has gained a significant following in its years of existence for various reasons.
But is this the platform for you? We’ve taken an in-depth look at its bonus structure, software providers, free spins for new users, games, regulatory status as well as pros and cons to guide you.
Read on to figure out why Cloudbet is the ideal online casino for you.
About Cloudbet Casino
Established in 2013 in Montenegro, Cloudbet is a Bitcoin casino owned and operated by CB Holdings. It functions under licensing and regulation from E-Gambling Montenegro and also has a license from Curacao eGaming.
On E-Gamblin, it holds the registration number 50615951 with Podgorica, Moskovska br. 65 as its registered address. The Curacao eGaming license number is 1668/JAZ under the company name Halycon Super Holdings BV, whose address is Pareraweg 45, Curacao.
This casino is a bitcoin only operation offering a comprehensive online casino as well as a sports betting platform.
It was one of the earliest online casino in the bitcoin betting market. And since its founding, it has managed to retain a high position as one of the top bitcoin gambling sites. In fact, it holds a world leader title in bitcoin casino and bitcoin sports betting.
The online casino allows users to enjoy the benefits associated with bitcoin and blockchain technology. These include transparency, speed, low cost and security.
👁️Cloudbet Look and Feel: Usability and User Experience
Everything about the Cloudbet website looks compelling. From the black and grey background and the arrangement of information, and its content, it is a great blend of function and appeal. On the main page, it provides links to all the details you can find on the site.
It is a highly advanced bitcoin casino platform with an authentic and intuitive layout. Its user interface is highly professional, but also user-friendly. Everything is right where it should be making for a seamless experience. And the fact that it is available in multiple languages is yet another advantage for its users.
The theme has a clear focus on sports with sports betting taking center stage. However, if your interest is in its Bitcoin Casino, there is more than enough information and content under the casino sections.
🔢Cloudbet Software Providers
Like our Monte Cryptos review, Cloudbet Casino has a number of top-tier software providers who developed and maintain the gaming platform. These include:
🎮 Games at Cloudbet
💰 Cloudbet Welcome Bonus
When you sign up on the online casino, you will get a 100% first deposit bonus of up to 5 BTC. Note that in order to qualify for the first deposit bonus, your deposit must be a minimum of 0.01 BTC.
You can wager the bonus at the casino slots, keno, table games, live dealer tables and video poker. Additionally, you will get 80 free spins as part of the welcoming package.
The welcome bonus does not come with the typical wagering requirements most casinos outline. Rather, to earn the amount, you need to collect loyalty points over a total of 365 days. You will get 0.01 BTC for every 800 loyalty points. Let us find out how the loyalty points work.
Additionally, you will get 80 free spins as part of the welcoming package.
Through its loyalty points program, players generate reward points with every bitcoin bet, regardless of the stakes, odds or sport in question. Only the quantity of points varies with these different factors.
For casino games, the loyalty points you get are equal to your mBTC stake times your score. But for the sportsbook, you get points equal to the stake times the price score. Note that for casino games, slots earn the highest amount and blackjack earns the least.
When your loyalty points accumulate to 800, the online casino will automatically give you a reward of 0.01 BTC. This amount will appear in your account on the site. But to qualify for this, you need to earn a sufficient number of points so as to release the bonus within 365 days.
Check your loyalty point balance or the BTC bonus balance on your player dashboard. Here you can also check how many more points you need so as to get the next reward bonus.
Money Back Monday
This bonus program is only accessible to players who place deposits on Mondays. In case they make losses, they can get up to 25% of their losses back. The amount can be up to a maximum of 50 mBTC.
The minimum total deposit for this offer is 0.1 mBTC and only losers qualify. This means if you win you cannot qualify. You must use cash funds to qualify for this offer and the bonus will only be valid for 1 day.
On Tuesdays, players qualify for 1 free spin for every 2 mBTC bet. The offer only applies to the online casino’s slots games. No matter the outcome of your bet, you get the offer.
The total number of free spins per player is capped at 100 and you need a minimum cash fund turnover of 10 mBTC. The online casino awards the free spins on The Sword and the Grail. You will get your free spins on Wednesday, and they are only valid for 1 day.
Win Win Wednesday
Winners get to enjoy bonuses of up to 50 mBTC every Wednesday under this promotion. All you have to do to qualify is place a deposit and win. In case you win, you automatically get a 20% bonus.
To be eligible for the offer, your minimum deposit should be 0.1 mBTC and if you lose, you cannot qualify for the offer. The system will award bonuses on Thursday and they will be valid for only 1 day.
On Thursdays, all you have to do to qualify for a bonus is simply reload your account. That will earn you a 100% reload bonus.
To qualify for the promotion, you need to make a minimum deposit of 0.1 mBTC and the maximum bonus is 50 mBTC. In this case, unlike the others, you have up to 3 days to complete the bonus offer.
It is however only available for Casino and requires a 30x play-through before you can withdraw the funds.
Free Spins Tournament Weekend
Under this tournament, playing a select list of games makes you eligible for a share of 1,300 free spins. You can get up to 300 free spins and will earn 1 point for every 1 mBTC that you spend.
At the end of the day, the system will award the free spins to the players with the highest number of points.
💳 Payment Options at Cloudbet
The online casino only supports two cryptocurrencies:
- Bitcoin Cash
Therefore, it does not offer any fiat payment options. To deposit funds to the account, log in to your account and click “Deposit” to get the relevant BTC or BCH wallet address. Copy this address and paste it in your source wallet then transfer any amount of funds. Alternatively, you may simply scan the QR code and transfer funds.
The minimum deposit that you can make on the site is 0.001 BTC, but there is no maximum limit.
Note that deposits to the online casino are instant. In case you do not see the deposit in your account within a few seconds, contact the support team for assistance. Remember to include the transaction details.
As is the case with deposits, there is a minimum withdrawal limit of 0.001 BTC but there is no maximum.
⚡Payout Speed at Cloudbet
Like our 7bit review, the online casino processes payouts instantly. However, it does not process large withdrawals automatically. Rather, they require manual processing, which can result in a delay. But in case you feel it has taken too long, you should consult the support team, including the transaction details.
Like our Monte Cryptos review, you can easily access it on your desktop, laptop or mobile device. It offers compatibility with the following operating systems:
- Mac OS
It supports a good number of languages allowing users from various countries to access services with ease:
Cloudbet geo-blocks players in a number of countries due to restrictive regulations. These include:
🔒Cloudbet Security and Regulation
Security is a topmost concern when selecting a bitcoin casino and it is one feature that Cloudbet takes seriously. To start with, the online casino is regulated by Curacao eGaming as well as E-Gambling Montenegro.
Additionally, it receives user deposits directly into cold storage. This keeps them offline and away from the possible reach of hackers. But the online casino also keeps a hot wallet, which means it’s online. The purpose of this wallet is to hold sufficient funds for processing user withdrawals on daily basis.
But even for these funds, the online casino employs top notch security technology with best-in-market encryption to protect user funds.
Like other Bitcoin casinos, it does not require sensitive personal information during signup. Therefore, the level of risk is generally much lower than on platforms that use fiat money.
💁Cloudbet Customer Support
Cloudbet offers reliable customer support on multiple platforms. The customer support team is extensively knowledgeable and friendly, offering helpful information to users at all times. It has a live chat facility on the website, which is accessible all day, every day and offers instant responses to queries.
Email support is also available on the platform; the address is email@example.com. Oftentimes, the support staff responds to emails within 1 hour
The site has a comprehensive FAQ section which adequately covers most of the common user queries. However, the site does not offer support over the phone.
Pros and Cons of Playing at Cloudbet
Doubtless, Cloudbet is among the top bitcoin casinos in the market. It is a comprehensive online casino that offers both casino and sports betting services, making it a great one-stop-shop.
Its signup process is simple and fast and there are lots of bonus offers for both new signups and existing players.
Website design is another major highlight that places it a notch above many others, as an easy to use, professional and attractive online casino.
The only major downside is that it limits the use of digital assets to Bitcoin and Bitcoin Cash. That necessitates converting any other crypto asset into one of the two before you can place a deposit.
Overall, Cloudbet bitcoin casino gets our full recommendation.
The maximum bet you can place varies on the basis of multiple factors. Generally speaking, the maximum bet amounts increase as events approach and liquidity increases surrounding the event. In case you try to place a deposit higher than the maximum, the system will reduce it to the maximum allowable.
The minimum bet you can place in the casino is 10 Satoshis or 0.0000001 BTC. However, the casino minimums will vary according to the game in question. They can go as low as 0.00002 BTC for slots.
All casino games on the online casino carry an official Random Number Generation (RNG) certification of evaluation. This certification comes from Gaming Laboratories International which issues them through Curacao eGaming.
For safety purposes, Cloudbet only stores the funds it requires for daily transactions in hot online wallets. All other funds are in cold storage. This means that when a player requests for a large withdrawal, the funds are processed from cold storage which takes longer than from the hot online wallets.
You will get access to your bonus as you earn loyalty points when placing bets on casino games and sporting events. The online casino will release 0.01 BTC for every 800 loyalty points that you earn.
Though the system grades all events automatically, there can be system delays from time to time as it awaits verification. In most cases, low profile events take longer than more popular events.