Cloudbet Sportsbook Review

About Cloudbet Sportsbook

Bookmaker Cloudbet was founded in 2013.

It operates under licenses from Curacao and Montenegro.

The website cloudbet.com operates in 20 languages. The company calls itself the most convenient resource for Bitcoin bets, but supports a very limited set of cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum & the Tether stablecoin. Cloudbet doesn't accept fiat currencies at all.

Cloudbet bonuses & promotions

Cloudbet offers a stunning bonus for new players - doubling your deposit up to 5 BTC (that's almost $160,000), but wagering is tied to a loyalty points system with an opaque calculation system.

The company also advertises zero-margin sports betting on select events. But not all users receive such odds - the rules of the promotion say that the operator selects 1000 people - so this statement cannot be verified.

Top available promos

Players can currently find eight different types of bonuses at CloudBet. The most profitable is definitely the welcome bonus, where you can get a 100% matched bonus of up to 5 BTC or 1000 USDT. The minimum deposit to receive a CloudBet bonus is 0.01 BTC/BCH/ETH/PAXG or 10 USDT/USDC/DAI/PAX/LINK. To receive the CloudBet bonus, players need to make a deposit in an available currency. Other attractive bonus offers are Mega Match Monday and Turbo Thursday, where you can get 50% up to 25 mBTC and 50% up to 50 mBTC respectively.

Deposit and Withdrawal Options

Cloudbet might seem like a crypto-only gambling site, but that's not the case. You can fund your Tether account using a credit or debit card. Although it's not a banking option, Cloudbet will guide you through the process to get it sorted. Anyway, here are some cryptocurrencies you can use to deposit and withdraw funds:

• Bitcoin
• Ethereum
• Bitcoin Cash
• Tether

Key Features

There is a new interface for Cloudbet's online sports betting that looks better and can be used more easily. Furthermore, it offers several key features that can be very useful when betting real money online.

• Live Betting

Nowadays, live betting is a must, and we're glad Cloudbet Sports offers it as well. A pretty good section of the bookmaker's website is dedicated to in-play betting, with multiple matches always available. In a live event, various stats are typically provided as well as a graphic representation of the match. There is an immediate update of the lines.

• Live Streaming

Cloudbet Sportsbook offers live streaming, but the coverage is not very impressive. It is actually e-sports that have the most live streaming. Twitch live streams are incorporated into the live betting section of the interface.

Wagering Limits

When it comes to betting limits, CloudBet beats just about every other Bitcoin sportsbook in the market. For those looking to wager smaller amounts, they also offer a minimum bet of 0.001 BTC. Limits at CloudBet won't be static and will change based on the amount of action in a contest. Those betting on high liquidity markets, such as the NBA Playoffs and NFL Playoffs, can bet up to 200 Bitcoins!

Mobile Compatibility

Mobile-friendly, Cloudbet allows users to access the platform and play games from their smartphones and tablets. Multiple screen sizes and operating systems were supported by its responsive online interface.

Security and Privacy

In addition to protecting players' funds, Cloudbet places a high priority on personal privacy. User data is protected by SSL encryption technology and stringent security measures are taken to ensure fair gaming and secure transactions.

Reputation of the Bookmaker

CloudBet is a reliable and secure online platform that is licensed by not only one, but two regulatory authorities. Specifically, CloudBet is regulated by the Curacao Gaming Authority under the name Halcyon Super Holdings BV with registration number 1668/JAZ. In addition, it holds the E-Gambling Montenegro license with registration number 50615951. Both licenses were renewed in March 2021. Regulators ensure the protection of customer rights, and in addition, CloudBet supports responsible gaming.

Registration Process

You can register with Cloudbet in just a few steps. The following steps will guide you through the process of creating an account with Cloudbet Sportsbook:

1. Users can create an account using their email addresses, Facebook, Github, or Google accounts.
2. Verify the legal age and language by clicking the box.
3. To make the account fully functional, players must first select a username and date of birth, choose a sports odds format, and finally add cryptocurrency funds to the account with a card or Bitcoin wallet.
4. To purchase crypto directly with the card or MoonPay, the player must select the currency of his country in the "add funds" section.

Conclusion

Based on the Cloudbet review, we can conclude that Cloudbet is an online betting platform devoted to cryptocurrency gambling. It offers a wide variety of sports betting options and casino games.

Cloudbet provides an enjoyable and convenient gambling experience for users thanks to its user-friendly interface and seamless mobile compatibility. With a wide range of sports markets, competitive odds, and live betting options, Cloudbet is particularly appealing to sports enthusiasts.

Furthermore, the platform prioritizes security, fairness, and responsible gambling, ensuring users can place bets with confidence. In general, Cloudbet is a trustworthy and reliable option for individuals wishing to gamble using cryptocurrencies.