Review of Cloudbet
This is a review of Cloudbet.com. It is an online platform for casino games and sports betting that mainly uses cryptocurrency. Cloudbet.com started in 2013. This review will look at its games, website, bonuses, payment options, languages, and safety features.
Quick Facts
- Launch Date: 2013.
- License Issued In: Curaรงao.
- Supported Languages: English, Spanish, German, Italian, French, Indonesian, Polish, Portuguese, Russian, Japanese, Korean, Turkish, Vietnamese, Thai, Greek, Dutch, Hungarian, Portuguese (Brazil). Some sources mention 15, 17 or 18 languages.
- Supported Currencies & Cryptocurrencies: Fiat currencies like EUR, USD, CAD, AUD, JPY are supported. A wide range of cryptocurrencies are accepted, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Dash (DASH), Cardano (ADA), Solana (SOL), Binance Coin (BNB), Ripple (XRP), Polkadot (DOT), Shiba Inu (SHIB), Avalanche (AVAX), Polygon (MATIC), Tron (TRX), USD Coin (USDC), Paxos Standard (USDP), Dai (DAI), Chainlink (LINK), Uniswap (UNI), Algorand (ALGO), EOS (EOS), Zcash (ZEC), Tezos (XTZ), Stellar (XLM), Monero (XMR - though not listed in all sources), Hedera (HBAR), and many others. Over 30 cryptocurrencies are supported.
- Platform Access: Browser-based access on desktop and mobile. No dedicated mobile app is mentioned, but the website is optimized for mobile devices.
Whatโs Inside Cloudbet.com?
- Game types:
- Slots: A large selection of slot games is available, including classic slots, video slots, and progressive jackpot slots with visible prize pools. Popular titles and games from various software providers are featured.
- Table Games: Players can find various table games, including Bitcoin Baccarat, Bitcoin Blackjack, Roulette, and other options like 3 Hand Casino Hold'em and First Person Dragon Tiger.
- Live Dealer Games: A live casino section offers games with real dealers. This includes popular games like Lightning Roulette, Power Blackjack, Infinite Blackjack, and Lightning Dice. These games are streamed live.
- Provably Fair Games: A selection of provably fair arcade games is available, such as Dice, Keno, Mini Roulette, Plinko, Aviator, and Mines.
- Other verticals:
- Sports Betting: A comprehensive sportsbook allows betting on a wide range of sports. This includes popular sports like soccer, basketball, tennis, American football, cricket, and motorsports. It offers pre-match and live in-play betting. High betting limits are available.
- Esports Betting: Betting on various esports titles is supported. Games include CS:GO, Dota 2, League of Legends, Rainbow Six, FIFA, NBA2K, Starcraft, Valorant, and Rocket League. Live streaming of esports events is sometimes available.
- Virtual Sports: Bets can be placed on virtual sports like virtual tennis, cricket, football, and basketball. These games use random number generators for outcomes.
- Horse Racing: Cloudbet.com became the first crypto sportsbook to offer horse racing in 2021.
- Exclusive or in-house features:
- Cloudbet Marketplace: While not extensively detailed in all searches, some casinos have marketplaces for loyalty rewards. Specifics for Cloudbet's marketplace were not prominent beyond a general loyalty program.
- High Limits: The platform emphasizes high betting limits, particularly for sports.
- Crypto Arcade: Features provably fair games.
- Zero Margin Sports Bets: Offers potentially better odds on selected sports events.
How Smooth Is the Website?
- Design and layout: The website has a user-friendly interface that is designed to be easy to navigate. It allows users to find casino games or sports betting options quickly. The layout is described as seamless and clean.
- Load time and responsiveness: Pages are reported to load quickly. The live betting interface is described as sleek and optimized with minimal lag. The mobile site also performs reliably.
- Mobile vs. desktop experience: There is no dedicated mobile app for iOS or Android. However, the website is fully optimized for mobile browsers. The mobile site offers the same promotions, betting features, and games as the desktop version. It provides a seamless gaming experience across devices.
Bonuses and Perks
- Welcome offer:
- New players can receive a welcome package. One common offer is a 100% matched deposit bonus up to a certain amount, such as 5 BTC or up to $2500.
- The welcome package may be a 30-day reward program. It can include features like 10% rakeback on every bet, daily cash drops based on activity, and a final "Cash Vault" bonus.
- Rewards from this welcome package are often paid in cash with no rollover requirements.
- A minimum deposit is typically required to activate the bonus, for example, 0.001 BTC.
- For some types of welcome bonuses, bonus funds are released incrementally by earning points through gameplay. For instance, earning 150 points might release 0.001 BTC. There's usually a time limit to release the full bonus, such as 60 days.
- Ongoing promotions:
- Zero Margin Sports Bets: Offers very competitive odds on selected events by removing the sportsbook's margin.
- Turbo Thursday: A deposit match bonus offered on Thursdays, such as a 50% match up to a certain amount.
- Free Spins Tuesdays: Some promotions may offer free spins on Tuesdays.
- Telegram Trivia: Weekly trivia contests on Telegram for a chance to win free bets.
- Specific promotions may vary and players should check the promotions page.
- VIP/loyalty program:
- Cloudbet has a loyalty program called Cloudbet Rewards.
- Players earn points as they play. These points can lead to different tiers or levels.
- The program features multiple tiers, starting from Bronze and going up to levels like Blue Diamond.
- Rewards can include rakeback (up to 25% or 60%), daily, weekly, and monthly cash rewards, level-up rewards (which can be substantial), free spins, an account manager, dedicated support, and access to exclusive bonuses or tournaments.
- Higher tiers offer better rewards. For example, higher rakeback percentages and more significant cash rewards.
- Some rewards, like those from the Welcome Package and some loyalty rewards, are paid in cash with no wagering requirements.
Crypto & Payment Options
- Supported fiat and crypto currencies:
- Fiat: EUR, USD, CAD, AUD, JPY, NZD, NOK, CZK, GBP, SEK, BRL, VND, RSD, THB, DKK, INR, MXN, IDR, KRW, CHF, ARS, PHP, HUF. Availability of fiat deposits can depend on jurisdiction.
- Cryptocurrencies: A wide range including BTC, ETH, USDT, USDC, BCH, LTC, DOGE, DASH, ADA, SOL, BNB, XRP, DOT, SHIB, AVAX, MATIC, TRX, PAXG, DAI, LINK, UNI, ALGO, EOS, ZEC, TON, ENA, USDe, sUSDe, BRETT, DEGEN, PONKE, TOSHI, DOGS, HMSTR, HBAR, TRUMP, and others. Over 30 are supported.
- Deposit and withdrawal process:
- To deposit, users sign into their account, go to the "My Account" or "Deposit" page, and get the wallet address for their chosen cryptocurrency. They then send funds from their personal crypto wallet to this address. Fiat deposits can be made using methods like Visa or Mastercard in some cases.
- Withdrawals are made by issuing a withdrawal notice from the "My Account" page.
- Cryptocurrency transactions are generally fast.
- Limits, speeds, and KYC procedures:
- Minimum deposit: Often low, such as 0.001 BTC or equivalent. Some sources say any deposit amount activates the Welcome Package.
- Withdrawal limits: Players can withdraw any amount up to their account balance. Specific maximums per transaction may apply depending on the currency or method.
- Speeds: Crypto deposits are often instant. Withdrawals are also typically processed quickly, sometimes within minutes, especially for crypto.
- Fees: Cryptocurrency transactions generally have lower fees compared to traditional methods. Cloudbet aims for no withdrawal admin fees. Some network fees for crypto transactions may apply.
- KYC (Know Your Customer) procedures: While initial sign-up may only require an email, Cloudbet reserves the right to conduct KYC checks at any time to verify identity. This is to comply with anti-money laundering regulations. For individual customers, automated KYC verification services like Sumsub may be used. Documents like an ID or passport might be requested, especially for certain transactions or if unusual activity is detected.
Languages & Access
- Interface languages: English, Spanish, German, Italian, French, Indonesian, Polish, Portuguese (Portugal and Brazil), Russian, Japanese, Korean, Turkish, Vietnamese, Thai, Greek, Dutch, Hungarian. The site aims to support around 17-18 languages.
- Mobile support (browser/app): Cloudbet.com does not have a dedicated downloadable mobile app. The website is fully optimized for mobile browsers on iOS and Android devices, offering access to all games, betting markets, and account features.
- Country availability and restrictions: Cloudbet.com is not available in several countries. Restricted jurisdictions include Australia, Belgium, China (including Macau and Hong Kong SAR), Curaรงao, Cuba, Germany, Iran, Lithuania, Myanmar, Netherlands, North Korea, Singapore, Syria, Spain, the United States of America and its territories, and the United Kingdom. Some regions in Ukraine (Crimea, Donetsk, Luhansk) are also restricted. Players are responsible for ensuring online gambling is legal in their location.
License & Safety
- Licensing authority and jurisdiction: Cloudbet.com is owned and operated by Halcyon Super Holdings B.V. It is licensed and regulated by the Government of Curaรงao. An older license number mentioned is 1668/JAZ. More recently, an application (OGL/2024/328/0599) for a gaming license is in progress with the Curaรงao Gaming Control Board (GCB), operating under a Certificate of Operation issued by the GCB based on a transitional arrangement.
- Security measures:
- SSL Encryption: The platform uses SSL encryption to protect user data and financial information.
- Two-Factor Authentication (2FA): Available for users to enhance account security.
- Cold Storage: A significant portion of user deposits are moved to offline cold wallets to protect against online threats. Hot wallets with smaller amounts are used for daily payouts.
- Multi-Party Computation (MPC) and Multi-Signature Approvals: Used to protect wallet systems and disperse risk.
- Audits/Fairness: Provably fair games are offered. Virtual sports use certified random number generators (RNGs) that are regularly audited. The platform has policies for Fairness & RNG Testing Methods.
- Responsible Gaming Tools: Cloudbet promotes responsible gambling. Features like self-exclusion are available. Tools for setting deposit limits may also be present.
- AML/KYC Policies: Anti-Money Laundering and Know Your Customer policies are in place.
Pros & Cons
- Pros:
- Extensive support for a wide range of cryptocurrencies (over 30).
- Comprehensive sportsbook with many sports, esports, and high betting limits.
- Large selection of casino games, including live dealer and provably fair options.
- User-friendly website design, optimized for desktop and mobile.
- Generous welcome package and ongoing loyalty rewards with some cash-based bonuses (no rollover).
- Fast deposits and withdrawals, especially with crypto.
- Strong security measures, including cold storage and 2FA.
- Supports a large number of interface languages.
- Established in 2013, making it one of the older crypto gambling sites.
- Cons:
- Restricted in several major countries, including the USA, UK, Australia, Germany, and Spain.
- No dedicated mobile application.
- The Curaรงao license might be perceived as less stringent by some players compared to other jurisdictions.
- Welcome bonus structure involving points to release funds can be complex for some.
- Customer support options may be primarily live chat and email; phone support is not commonly mentioned.
- Fiat currency options and payment methods might be more limited compared to crypto.
What Stands Out
- Pioneer in Crypto Gambling: Established in 2013, Cloudbet.com is one of the earliest online platforms to combine casino gaming and sports betting with cryptocurrencies, building a long-standing presence in the crypto gaming space.
- Extensive Cryptocurrency Support: The platform accepts a very broad array of over 30 different cryptocurrencies, offering flexibility for crypto users beyond just Bitcoin.
- High Betting Limits and Comprehensive Sportsbook: Cloudbet.com is known for offering high betting limits, especially in its sportsbook, which covers a wide range of traditional sports, esports, and even introduced crypto horse race betting.
Things to Be Aware Of
- Geographical Restrictions: Access to Cloudbet.com is blocked for users in many significant countries, including the US, UK, Australia, Germany, and Spain, so players need to check their eligibility.
- Bonus Release Mechanics: While the welcome bonus can be large, some bonus funds are released incrementally by earning loyalty points through gameplay, which has specific conditions and a time limit. The newer welcome package model offers direct cash rewards and rakeback over 30 days.
- Primary Focus on Cryptocurrency: While some fiat options are available, the platform is fundamentally designed for cryptocurrency users, meaning those unfamiliar with crypto may face a learning curve for deposits and withdrawals.
Verdict on Cloudbet.com
Cloudbet.com is a well-established online casino and sportsbook that launched in 2013, specializing in cryptocurrency gambling. It offers a wide variety of betting options, including thousands of casino games like slots, table games, and live dealer experiences, alongside a detailed sportsbook covering many sports, esports, and horse racing. The platform supports a large number of cryptocurrencies and some fiat currencies, with an emphasis on fast transactions and high betting limits. Its website is designed to be user-friendly on both desktop and mobile browsers. Key strengths include its long history in the crypto space, extensive cryptocurrency support, and robust bonus and loyalty programs that can offer cash rewards. However, potential users should be aware of significant country restrictions, the nature of its Curaรงao license, and the fact that there is no dedicated mobile app. Cloudbet.com is best suited for individuals comfortable with using cryptocurrencies who are looking for a platform with a wide range of betting options and high limits, provided they are not in a restricted region.