Cloudbet Review

Last Updated: August 11, 2021

Cloudbet offers another refreshing take at the modern wave of online sportsbooks that focus solely on cryptocurrencies. This bookie offers a lot of great features like good bonuses, fantastic customer service, anonymity, security, and a focus on cryptocurrency.


Cloudbet Review

History of Cloudbet

Established in 2013 and based in Malta, Cloudbet joined a long line of cryptocurrency-centric sportsbooks. The sportsbook had been designed from the ground up to support anonymity, promote security and help with the adoption of crypto in the European region.
Cloudbet has continuously evolved its betting platform to include more casino games and better sports categories. Even though the website is fairly new in the market, it has still been able to make a name for itself due to its amazing service and high bonuses. The bonuses offered at Cloudbet are one of the largest in the industry for a crypto-centric sportsbook.
While the brand has suffered because of a few customer complaints that highlight its platform issues and lack of stellar odds, the overall package offered by Cloudbet beats even a lot of conventional casinos and sportsbooks.
If you have been looking for a good, reliable, and fresh sportsbook to try, then we highly recommend that you check out Cloudbet.

Mobile Experience

The mobile experience of Cloudbet can be deemed as more than adequate for any bettors’ needs. While the bookie does not have any dedicated mobile app, you can browse the mobile-optimized website from any device and experience mobility at its finest. Cloudbet has implemented a lot of industry best practices to make its website stand out. From its reliability, stability, and navigation, everything has been revamped to support different types of mobile devices. Whether you use your phone, tablet, or TV, you are likely going to see a smooth website experience.

Desktop Experience

The desktop website is geared towards efficiency and aesthetics. We love how the website looks and feels. It is lightweight yet very functional, which is an important trait to have in a modern website. We tested the website on Google Chrome running on a basic-level configuration PC. We discovered that while the website did run smoothly throughout, there were a few quirks here and there in the betting software – but nothing too drastic. We hope to see Cloudbet continuously upgrade its website over time.

Cloudbet Welcome Bonus, Promotions, and Rewards Program

Cloudbet offers one of the best bonuses in the business, especially when it comes to cryptocurrency sportsbooks. This bookie will give you a 100% matched-up bonus worth up to 5 BTC. Meaning that you can potentially get 5 BTC if you were to deposit 5 BTC. One Bitcoin is worth around $51,000 as of writing this review which means that you can earn up to a whopping $255,000 bonus if you were to deposit the same.
While this bonus amount will not be available to you from the get-go, you can instead earn loyalty points and unlock the bonus in “parts” if you stick with the platform, you can very easily unlock the full bonus within no time!
Again, this is an outstanding bonus scheme as far as online sportsbooks go. You are likely never going to see this much value in bonuses elsewhere. Remember, the bonus value is linked to the value of BTC, so whether you deposit 1 BTC or 5 BTC, you are going to have a win-win situation, especially considering the upward trend of BTC in recent years.

Cloudbet Betting Experience

Variety of Sports and Leagues

This bookie will offer you a lot of different sports and leagues. While it is not available in the USA, it still offers an amazing array of American sports. The website is targeted towards all types of bettors. You will find super-popular sports categories and even a few niche categories as well. The best part is that Cloudbet also includes a lot of non-sports categories too and with the benefit of Bitcoin, you are likely going to win big in every category.

Quality of Odds

The quality of odds offered at Cloudbet is not that stellar, especially if you compare it to other rival sportsbooks and even some crypto-centric sportsbooks. While there is a lot of room for the odds to improve, we still think that Cloudbet offers an amazing overall package, so you can’t just dismiss the brand for not offering great odds. Most of the time, the odds will be akin to industry standards or slightly lower.

Cloudbet Casino

The casino section provides users with a lot of value in terms of diversity and options. You are likely going to find your favorite casino games on Cloudbet. While the website does need to work a bit on its casino software, it is still a much better contender in the online casino space than other same-tier casinos. We spent quite some time at the casino section and found it to be enjoyable, and we believe that most players would feel the same way.

Cloudbet Poker

The poker room is loaded with active players, and with its amazing poker offerings, Cloudbet provides one of the best table games and poker rooms in the online casino scene. We were pleased by the overall value that the bookie provided in terms of its poker products, and we mostly experienced fast matchmaking and minimum wait times.

Cloudbet Live Dealer

The live dealer section is good enough to provide most enthusiasts a stable dose of their favorite live dealer games. With HD quality and low-lag video streams, you are bound to enjoy a good game at Cloudbet.

Cloudbet eSports

The eSports section and the use of cryptocurrency is a match made in heaven. The sportsbook provides a comprehensive eSports section that offers players a lot of online games to bet on, good coverage of events, and more!

Methods of Deposit

As expected, Cloudbet offers players cryptocurrency banking options that range from Bitcoin, Ethereum, and Litecoin. All currencies are processed in Bitcoin, so you are likely going to benefit from the exchange rate, and there is no upper limit on the deposit amount as well. The best part is that the payments are processed within seconds, and you can link up your e-wallet to use your Bitcoin.

Methods of Withdrawal

The withdrawal options are the same as the deposit options. You get Bitcoin, Ethereum, and Litecoin. You can make free withdrawals at any point and without any delay. The processing time is within seconds, and you can get your “money” out with just a few taps. This is truly online betting like never before.

Customer Service & Support

While the support service is top-notch, it has proven to be slow in recent years due to unknown reasons. We tried the live chat feature and got connected to an agent within 5 minutes. The connection time can go up during peak hours. You can reach out to support using email and phone support channels too.

Cloudbet Reputation

Cloudbet is a crypto online sportsbook that is designed for netizens. The sportsbook has a generally favorable reputation in the online sportsbook scene due to its fast payouts and amazing bonus offers. However, it has faced some heat due to its lack of software optimizations that have caused players some trouble.

Cloudbet Reddit

There are several posts regarding Cloudbet on Reddit that focus on payment issues, customer-specific account holds, and more. Other posts highlight a lot of the good that this sportsbook brings as well. You will need to go through all of these posts before you make up your mind about Cloudbet.

FAQ about Cloudbet

Is Cloudbet a legit site?

Yes, this is a legitimate crypto-centric sportsbook.

Is Cloudbet Sportsbook Legit for US Players?

No, unfortunately, this sportsbook is not available in the USA as of yet.

How long does it take to get your money from Cloudbet?

You can get your money off the platform within seconds. You can use either Bitcoin, Ethereum, or Litecoin to make withdrawals.

Do you pay taxes on Cloudbet winnings?

You may be taxed as per your local tax laws. Please consult with a local tax lawyer regarding casino and sports betting winnings with the use of cryptocurrency.

Can you place bets on the Cloudbet app?

You can use the mobile-optimized website to place all your bets conveniently.

Does Cloudbet report to the IRS?

No, this sportsbook does not report to the IRS because it is not available in the USA.

Is Cloudbet a good sportsbook?

Yes, this is a good sportsbook for crypto-currency users. Although it has a few software problems and does not provide stellar odds, it is still a reliable and adequate bookie for a lot of players.

Cloudbet provides cryptocurrency users with a chance to bet and win big at the sportsbook’s many offerings. The casino games offered at the bookie are also fantastic and will surely be a great way for players to take a break from the site’s sportsbook section.

  • Cryptocurrency-centric sportsbook
  • Fast payouts
  • Great bonus
  • Amazing betting options
  • Not available in the UK
  • Odds may not be as good as competitors
Cloudbet
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