Cloudbet is a bookmaker and casino that offers gambling with cryptocurrencies. When it comes to the range of casino games offered, there are some traditional game providers although not all of them, instead you can find other game providers. This means you get the chance to experience new games which can be fun. In terms of sports and esports, it’s a bookie just like others, with both pregame and live betting, and the amount of sports offered is quite decent as well.
Cloudbet has a number of big bonuses that players can look forward to. The biggest bonus at Cloudbet and frankly one of the biggest bonuses that we have ever seen in online sportsbooks, is the welcome deposit bonus. You can get up to 5 BTC for your first deposit. If you consider the incredible rise in the value of Bitcoin at the time of this writing, you will come to realize that this is a huge bonus. But don’t go jumping for joy just yet. You won’t get the 5 BTC immediately. You will need to deposit and wager money for a long time before you’ll be able to claim the full sum. The bonus will be incrementally released to you as you play. And as you play, you will collect loyalty points that you can use for this purpose.
That aside, there are other good bonuses to be had on the platform. There are deposit matches (up to a smaller sum of Bitcoin, compared to the welcome bonus), and there are enhanced odds bonuses as well. What we’d advise you to do is to visit the Cloudbet promotions section where you will get a rundown on the latest and greatest bonuses that you can expect to see on the platform. Moreover, we suggest that you read the terms and conditions to learn more about how you can make the best of what the promotions have at Cloudbet.
The sports and esports coverage is solid. There is a big list of sports on which you can place wagers at Cloudbet. Some of the available sports are basketball, baseball, ice hockey, football, boxing, cycling, cricket, and more. And there are a number of esports to bet on, such as DOTA 2, League of Legends, CS:GO, and others. The esports section is not one of the most populated compared to what other online sportsbooks offer. But it gives just enough choice for the players to have fun with, and most esports betting fans will be satisfied with the number of esports on the Cloudbet betting platform.
Unfortunately, there is no mention whatsoever about the all-important subject of responsible gambling. We couldn’t think of any reason why this should be the case, as the vast majority of online sports bookies have all implemented at least a handful of resources and measures that the players can use to deal with problem gambling. You can’t use any self-exclusion measures here, nor can you implement deposit and wagering limits. And there aren’t many websites where you can seek professional help in treating your problems with gambling. So this is a big disadvantage to the Cloudbet platform and it shows a real degree of disregard towards the safety of the player base. We hope that Cloudbet will create a responsible gambling page on the bookie’s platform and that the page will be well-populated with measures and resources that players can use at any time.
The deposits and the withdrawals can only be made by using cryptocurrencies. The good news is that there are several popular cryptocurrencies that you can use for making payments to and from Cloudbet. The bad news is that you won’t be able to find any other payment method such as credit and debit cards or electronic wallets.
But if you want to make cryptocurrency payments, then you will be delighted with the Cloudbet payment platform. In most cases, you won’t even need to verify your identity when making withdrawals, though the bookie reserves the right to ask you to deposit various documents that will confirm your identity. Best of all, the deposits and withdrawals will be instant, you won’t have to wait at all for the deposits and withdrawals to be processed. Then again, there are no regular payment methods that you can use whatsoever, and this will turn off a lot of sports betting fans.
Customer support for Cloudbet is also lacking. There is only one way to contact customer service, and this is by writing an email. The existing email form on the platform has the name “live chat”, but in reality, it’s a simple email form. So there’s no way in which you can contact the Cloudbet customer service team live. To make things worse, you may need to wait a relatively long time before you get the answers by email. There are no working hours that we could find, so the Cloudbet customer service team reserves the right to get back to players at any point in time. There is great room for improvement in this regard, as customer service is one of the most important things about legitimate online sportsbooks. Players need to be able to contact a customer support agent whenever they want to get answers to questions regarding the betting platform.
Lastly, there are no utility features to mention. This is another big disadvantage. The vast majority of other bookies have at least a handful of features available to their players, but this is not the case with Cloudbet. Are you a fan of live streaming, edit bet options, bet builder features, or mobile sports betting apps? Well, you’d better search for these utility features elsewhere, as you won’t be able to find them at Cloudbet.
Cloudbet definitely has its strengths, but there are several disadvantages as well. And the disadvantages may end up proving too much at Cloudbet. We simply can’t justify the fact that there is no mention of responsible gaming anywhere on the Cloudbet platform and that there are no utility features, either. But there are solid sports betting and esports betting sections on the platform, and sports betting fans that wish to make deposits and withdrawals with cryptocurrencies may find Cloudbet a solid option for online sports betting.
Cloudbet offer the following Bonus:
Sport / Game Coverage
Pregame margins on Cloudbet are shifting a lot depending on what sports you are looking at. For example, British premier league football sits around 3.4% while other sports seem to sit much much higher here. We calculated an average margin of around 6.3% though, which is higher than the industry average. When it comes to live betting, it’s higher, but since the industry average for live sports is also higher, Cloudbet is actually doing better here. At the time of review, the live odds margin seems to be 9.52%. That’s also high, but if compared to how high the pregame margins is here, at least it’s ok.
The sports and esports coverage at Cloudbet is solid. If you’re solely a fan of esports betting, then we suggest that you look for another website as there are some other bookies that specialize in esports betting and Cloudbet isn’t one of them. But regular sports betting fans and those more casually interested in esports will still find many options to bet on at Cloudbet.
There is not a single mentioning of responsible gambling anywhere on Cloudbet, nor are there any features or support organizations that work with responsible gambling.
We sincerely hope, for the sake of the players, that Cloudbet will start installing and implementing new features and resources regarding responsible gambling. Online gambling and sports betting can be very addictive. It’s important for the players to be able to use all of the help they can get if they happen to have any problems with excessive gambling or sports betting.
Deposit & Withdrawal
The only available payment methods are cryptocurrencies. Cryptocurrencies are relatively rare in online sports bookies, so players that prefer to use this payment method will feel at home at Cloudbet. But the players that wish to use traditional payment methods should look for another bookie.
Withdrawals here are so simple since it’s also done in crypto. Cloudbet does, however, reserve the right to request any identification documents if needed. It’s not standard though, and one should normally be able to withdraw without verification. The funds should arrive in the account very quickly, if not instantly, into the crypto wallet.
Cloudbet onboarding is great and so easy. You can either sign in using Facebook or Google, or create an account from scratch filling in your email and wanted password. Then you get to enter birthdate, username, and the odds format. Once done, you are good to go.
Account Verification is not normally required on Cloudbet, however they do reserve the right to go through a verification process. Since the account verification is a non-standard process on Cloudbet there is no information on how long time it takes, and albeit customer support sais it’s quickly done, they also say it can take a couple of days. If, for some reason, you are requested to send in identification documents, Cloudbet are reserves the right to require any document necessary for verification in accordance with their third party partners.
The Live Chat support at Cloudbet is simply amazing in our experience. The staff is incredibly polite, fast and helpful. The support is 24/7 and all emails are answered within a day. No FAQ section nor phone support, but the Live Chat is exceptional.
There are no specific features offered here. This too is a disadvantage to the Cloudbet platform. Most players are more than happy to use the most popular utility features in online sportsbooks, such as live streaming, bet builder, edit bet, early cash-out, and the like. But there are no such options at Cloudbet. We hope that Cloudbet will start implementing some of the more popular utility features in the near future.
Check out the latest news on the dedicated Cloudbet blog
- Live Streams
Enjoy watching some sports events live while you bet on them