Cloudbet

Cloudbet is a bitcoin sportsbook and online casino operator. Established back in 2013, Cloudbet comfortably offers online sports betting and casino games without sacrificing quality of one for the other. It even offers live casino games! To crown it all, payment with Bitcoin makes payment more private without involving personal or bank details.

Cloudbet Review

Cloudbet Review India

Pros / Cons
  • Combined sportsbook and casino
  • Payments in Bitcoin
  • Free play mode
  • Live Casino games
  • Low betting commissions
  • Progressive slots
  • Lack of variety of payment methods
  • No INR payment
  • Only has licenses from Montenegro and Curaçao
  • Limited customer support

Regardless of whether you’re a sports bettor or casino gambler, you’re sure to find your preferred games at Cloudbet. I am really impressed with the variety offered on this website as it’s made up of more than 1000 casino games. With its in-betting and live gaming, your gambling experience is even made more enjoyable. 

The icing on the cake is the cryptocurrency payment method which ensures privacy of transactions. Another plus is its UI which is offered in up to 7 different languages. If English is not your preferred language, you can easily set your preference.

The downside of Cloudbet is that it only offer payments in Bitcoin. Also, I’m not really impressed with the customer support provided. Customers can only send complaints through e-mail or live chat and so may not be able to get immediate resolution to their complaints. The lack of payment not being offered in INR is also another downside of this casino. 

Cloudbet Welcome Bonus – 100% up to 5BTC

Cloudbet offers new customers a 100% deposit match Bitcoin bonus. Once you make your first bitcoin deposit, Cloudbet rewards you with a bonus of 100% up to five bitcoin. For example, if you deposit 5BTC you’ll get 5BTC extra to play with. 

How to claim

  1. Create a new account by clicking “sign up”.
  2. An activation link gets sent to your e-mail.
  3. Click the activation link to confirm your new Cloudbet account.
  4. You will be provided with a bitcoin address
  5. Send as many bitcoins as you would like to the address

Terms & conditions

The bonus at Cloudbet works a little bit different from most online casinos. Before you can receive your bonus cash you must first collect loyalty points. This is how it works: 

  1. Deposit a minimum of 0.01 BTC.
  2. For every 800 Loyalty points you earn 0.01 BTC and which will be released to your Cloudbet account.
  3. You have 365 days to earn loyalty points.
Example: To take advantage of the full bonus (5BTC extra bonus) you must first deposit 5BTC (100% up to 5BTC). But before the extra 5BTC can be fully released to your account you must first earn 400,000 loyalty points ((5/0.01)x800)) within 365 days.

The loyalty points are calculated using the following formula: 

  • Sportsbook: Loyalty points = ConvertedStake×0.1×PriceScore
  • Casino: Loyalty points = ConvertedStake×0.008×(100−RTP)
Example: Slots earn 0.345 points, Live Roulette earns 0.216 points and Blackjack earns 0.049 points. If you play on slots you must make about 2319 spins (800/0.345) for each additional 0.01 BTC release (800 LP earned = 0.01 BTC). To take advantage of the full bonus (5BTC extra) you must then make 1,159,500 spins. 

Other Bonuses & Promotions

Apart from the welcome bonus, Cloudbet also offers a variety of exciting bonuses and promotions to new and existing customers. They are discussed below.

Money Back Monday

When you deposit on a Monday, if you lose, you’re given back 25% of your losses as a bonus up to 50 mBTC. Bets must be placed between 00:00-23:59 UTC on Monday on any Live Casino game. 

Minimum total deposit is 0.1 mBTC/0.004 BCH to be eligible for the promotion. Slots contribute 100% to the rollover and Table games contribute 10%. For example, for a 5 mBTC bonus, 150 mBTC must be wagered on Slot games or 1,500 mBTC on any other Casino game, or a combination of both).

Turnover Tuesday

You can accumulate up to 100 free spins when you play on slots. the more you turnover, the more you win. For each 2 mBTC / 0.07 BCH bet, you’re awarded 1 free spin! 

Free Spins are awarded on latest slots and capped at 100 per person. Only bets on Tuesdays between 00:00-23:59 UTC will count. A minimum turnover of 10 mBTC / 0.35 BCH is required in order to take part.

Win Win Wednesday

Simply make a deposit on Wednesday and play any game. If you win, you’re given a 20% additional bonus. Minimum total deposit is 0.1 mBTC/0.001 BCH to be eligible for the promotion. 

The 20% bonus will be awarded on total Live Casino wins between 00:00-23:59 UTC on Wednesday. If you lose you will not be eligible for this promotion. 

Slots contribute 100% to the rollover and Table games contribute 10%. For example, for a 5 mBTC bonus, 150 mBTC must be wagered on Slot games or 1,500 mBTC on any other Casino game, or a combination of both.

Turbo Thursday

Simply log-in on and go to your Dashboard where your bonus will be waiting for you after 05:00 UTC. Select the T&Cs box and then select the “Opt in” button to activate the bonus. Make a deposit of 0.1 mBTC or more. You’ll be given a 100% Reload Bonus of up to 50 mBTC/1 BCH

The bonus is only available for casino games and has a 30x play-through attached before you can withdraw funds.

Slots tournament

There are slots tournaments offered to casino players. When you play any of the qualifying slots in the bitcoin casino, you stand a chance to win a share of the prizes. 

For instance, there was a “Spring Supreme” tournament held between the 2nd of April to the 9th of April. This slot tournament offered 8+ BTC prizes on the qualifying slots.

Cloudbet Sports Betting

Cloudbet sportsbook also offers bettors a variety of online sports betting types. These include point spread betting, moneyline betting, betting totals, in-play betting amongst others. 

Sports bettors are given a really wide variety of sports which include Cricket, Soccer, American Football, Boxing, Golf, Ice Hockey and more.

Cloudbet Sports Betting

Live Betting

Another huge feature of Cloudbet sportsbook is its live betting feature. Players can make bets on a variety of ongoing games. Some of the games can also be streamed live while simultaneously betting on such game.

Betting Odds & Commissions

The betting odds offered by this Sportsbook are of top quality. Generally, the commissions charged on main sports such as Soccer, American football, Basketball, Ice hockey and Tennis are low. 

On soccer, the average commission is 2.5% and this is wonderful. An average of 3.3% on NFL games, 4.0% on Tennis games, Ice Hockey is 3.8% while Basketball games come with a 2.3% betting margin. As for smaller competitions, they have higher charges. However, this is common to every sportsbook.

The live betting odds also feature small commissions. Players have to pay about 5.5% on games. This sportsbook only provides formats of Asian and European odds. You can also access boosted odds on this sportsbook once in a while.

Softwares

The available casino games are from the top software providers. They include big names like: 

  • Microgaming
  • Betsoft
  • Play‘n GO
  • Evolution Gaming 
  • Asia Gaming
  • Spinomenal
  • Tom Horn Gaming
  • VIVO Gaming
  • Ezugi
  • and many others

Casino Games

Cloudbet offers diverse casino games which number about 1100+ with majority of these games being slots. Others include table games, virtuals and live casino games. 

Cloudbet Casino Games

Slots

There are well over 500 online slot machine games on this casino. Some slot machine games include Book of the Dead, Book of Gold, Rise of Merlin, Wild Burning Wins, Legend of Cleopatra, Dragon chase, and many more. 

There are also progressive slots like Dragon Chase, Fruit Bonanza, Mega Moolah, Divine Fortune and more. These slot games come with favourable RTPs with many having high volatility. This means you have a huge potential for big wins.

Table Games

The casino offers table game lovers more than 50 table games. These include Roulette, Blackjack, Baccarat and Poker games. Some roulette versions include European Roulette with track, European Roulette Pro, American Roulette and more. It also includes live versions of table games amongst many others.

Virtuals

For virtual sports bettors, there are about 6 available virtual games. These games include instant football, instant greyhounds, instant horse, instant speedway, virtual trotting, as well as instant velodrome.

How to open an account with Cloudbet

For newbies yet to create an account on this sportsbook. Here is an orderly guide which shows you how to how your account can be set up in no time.

  1. Simply log on to the Cloudbet website and click on the “Join” button at the top right corner of your screen
  2. Fill your email address, password and date of birth in the required spaces and your account will be created.
  3. Activate your account by clicking the ”Activate account” in the message sent to your email-address.

VIP Club

Cloudbet has an unconventional VIP system for Casino and Sports betting. Compared to other casinos like Royal Panda which inform players the amounts needed to earn Loyalty Points (LPs), players are welcomed to Cloudbet VIP Club through invitation. 

Queries on VIP can be directed to vip@cloudbet.com. The benefits of getting into the VIP Club include Higher limits, Fast and simple withdrawals, exclusive promos, exclusive customer support and more.

Deposits & Withdrawals

Cloudbet has a very limited method of payment. As noted previously, deposits and withdrawals can only be done through Bitcoin and Bitcoin Cash.

Both deposits and withdrawals have a minimum limit of 0.001 BTC but no maximum limit.

User experience

Navigating through the Cloudbet website is quite easy and straightforward. After logging on to the homepage, players can easily access the menu at the top which contains “Sports, Live Sports, Casino, Live Casino”. 

The bottom of the site also contains vital information on Promotions, Competitions, Security, Help and much more. Games can also be played without money, thanks to the Instant play feature. Another really impressive feature is the UI is multilingual. It comes with up to 7 different languages

Mobile

Cloudbet offers online sports bettors and gamers an optimized mobile version of the Cloudbet site. Players can easily place bets while on the go and play in the sportsbook or casino through smartphones or tablets.   

Security & Licenses

For a secure betting experience, Cloudbet offers a 2-Step Authentication, powered by Google Authenticator. Also, all deposited funds are sent directly to an offline cold-wallet, out of reach of potential hackers. 

Cloudbet has two gambling licenses:

  • E-Gambling license from Montenegro
  • eGaming licence from Curacao

Customer support

Cloudbet offers customer support options but there is no phone number included. The available methods include:

FAQ

🍌 Is Cloudbet legal in India?

Yes. This is a legal online sportsbook and casino which accepts Indian players. There is no law banning international online casinos from operating in the country. So, it is legal for you to play at Cloudbet from anywhere in India.

🥭 How long is the withdrawal time?

Withdrawals are done in cryptocurrency and so are delivered into your BTC deposit address instantly.

🍒 How do I make a deposit at Cloudbet?

Just visit the site and go to payment section. You can make a deposit through Bitcoin or Bitcoin cash.

🍎 Can I bet on cricket on Cloudbet?

Yes. Cricket betting is one of the many available sports open to sports bettors on the casino.

🍑 Does Cloudbet accept Indian Rupees?

No. Cloudbet only deals in cryptocurrency (Bitcoin and Bitcoin cash).

Conclusion

Overall Cloudbet is a great sportsbook and online casino. Players can access a variety of casino games (including live casino) and sports betting (live betting included). The casino games number over 1000, and the top sporting events in the world can be wagered on through the sportsbook. 

In simple terms, it does a good job in combining both. Paying in Bitcoin also helps to ensure Indian players need not make any casino or betting transactions with their bank accounts.

As long as you are OK with not making payment in INR or receiving the best customer support, Cloudbet is a good choice. If you wish to make payments in INR you should check our other casino reviews. For example, Jeetwin and 1xBet are two great operators offering payment in INR while combining betting with casino games. 

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