Cloudbet was established in 2013 but recently updated its interface so that it is more user-friendly. The most important aspect to know about Cloudbet Sports is that it only accepts deposits through BTC and other cryptocurrencies. This also goes for bets and withdrawals, making it a complete crypto betting site. If you are interested in learning more, we will give you the whole picture in our Cloudbet sportsbook review. When it was launched, Cloudbet was pretty much the only sportsbook that worked exclusively with crypto. Obviously things have changed since then but through this Cloudbet review, you will see that this sportsbook continues doing an excellent job.
The design is gorgeous and modern especially on a mobile device. Everything is where you would expect it to be, laid out beautifully and works perfectly. The site is very fast and ranks among the best crypto sportsbooks. The only problem is that sometimes bet types have unintuitive names or there can be 2 bet types with very similar names and no explanation of the difference between the two. At the moment, the Cloudbet sportsbook offers a lot of markets. One of the best ones is their NBA market. Below, we will share some important details about the sportsbook. For more information, make sure to visit the Cloudbet official website.
For those of you looking to bet on sports, you’ll be pleasantly surprised to see the lineup of sports that Cloudbet has to Offer. In total, you’ll find over 20 sports available for wager on the Cloudbet sportsbook. For your convenience, we decided to mention all the available sports in this Coinbet Review.
It is worth noting that the list of sports below is the one that Cloudbet had at the time of our review. Like many other online sportsbooks, Cloudbet only lists a sport if they have available wagers on that sport at that time. After reviewing the list below, if you don’t see a sport that you’re looking for, try checking back on Cloudbet once that sport’s season starts.
- American Football
- Aussie Rules
- Ice Hockey
- Motor Sports
- Table Tennis
- Winter Sports
CloudBet’s live betting offer has been significantly improving. Real-time options are available for almost all disciplines in the area named “Live Sports”, depending on the time of day. During our test, we were very impressed by a large number of basketball bets. Here you will find not only the big tournaments like the NBA but also matches from tournaments that are not as popular.
Changes in quotas are marked with a green or red arrow. However, the visual implementation is not particularly extensive. In this way, active gameplay is not shown graphically, like at other bookmakers. Statistics on the respective match are also not available. Overall, the live betting area at CloudBet is clear and user-friendly.
Cloudbet Review – Bonuses & Promotions
The Cloudbet Sportsbook offers bonuses and holds special promotions for its users. You can benefit from the great deals right now by registering and adding funds.
The first bonus on the list is the welcome offer of 100% on the first deposit. It goes up to 5 for BTC, ETH, and BCH deposits, and up to 1,000 for USDT. The bonus amount is not released all at once, however, like most other bonuses. Instead, the operator will add 0.01 BTC for every 800 loyalty points you earn by betting on sports and on casino games. Different rates apply for different currencies.
On-going promotions and bonuses
The bookmaker offers zero-margin betting options for selected sports, leagues, and events. This basically guarantees the best prices around but availability is limited. Only the first 1,000 customers can benefit from each promotion. Furthermore, each customer cannot exceed the equivalent of $1,000 in total winnings from zero-margin markets.
Deposit and Withdrawal Options
As you might have noticed from this Cloudbet review is that this entity is a bit unique in that they only deal with a single form of banking method. Unlike most other online sportsbooks and casinos that deal with many options for banking, Cloudbet offers Bitcoin as your only banking option. Below, we’ll discuss the details of deposits and withdrawals on Cloudbet.
As discussed above, Bitcoin is your only deposit banking option at Cloudbet. Below, we’ve broken down our key details surrounding deposit timing, minimums, and maximums.
- Minimum Deposit Amount: 0.001 BTC
- Maximum Deposit Amount: N/A
- Deposit Processing Time: Instant
Similar to deposits, Cloudbet also only offers Bitcoin for withdraws from their site. For your convenience, we’ve added in key withdrawal information below.
- Minimum Withdrawal Amount: 0.001 BTC
- Maximum Withdrawal Amount: N/A
- Withdrawal Processing Time: Instant for most requests
Bet Types & Security
Cloudbet mostly focuses on the main bet types but also offers plenty of betting options, including Asian handicap.
- In-play / Live betting
- Asian handicap
- Alternative spreads
- Alternative totals
Sportsbook’s overround: 5.22%
50:50 equivalent: 1.9
As you can see in this Cloudbet review, their odds are good. They offer good value on the more popular sports, but their edge gets a little larger on the minor sports and events.
Cloudbet is a safe and secure choice for betting on sports and on casino games online. The site went live in 2013 but the security measures have been updated frequently over the years. All connections are now encrypted and users can enable two-factor authentication for extra safety. Halcyon Super Holdings B.V. is the company that operates the website and it is registered in Curacao with a valid eGaming license.
Cloudbet Review – Mobile App & Customer Support
Despite the fact that Cloudbet doesn’t have native sports betting apps for mobile devices, it is very easy to place bets while on the go. The mobile-friendly version of the site looks great on just about any handheld device and it works just as well. You can instantly access the mobile sportsbook, sign in, and add selections to the slip. You can even deposit and withdraw directly from your phone to always stay in control and benefit from every opportunity.
Bettors can use the Cloudbet live chat function for customer support after logging into the site. An agent from the support team will usually be available to answer your questions or help out with other issues. Users can also send their questions via email, but replies are not always prompt.
- Live chat available 24/7
- Email: [email protected]
- Phone: Not available
- Support languages: English + 6 others
- Twitter: @Cloudbet
Pros & Cons
- Good live betting.
- Large max bet.
- Good customer service.
- Longstanding trusted operator.
- Fast website, great on mobile.
- Having to play through deposits before withdrawal.
If you are looking to use major cryptocurrencies for sports betting, or even for online casino games, Cloudbet is one of the best options there is. It has plenty of betting markets with good value odds and has the history to guarantee that it is reliable. Cloudbet was among the first operators to offer support for Bitcoin betting. It expanded its banking system and now also accepts other popular cryptocurrencies. It has a good reputation and a community of over 100,000 customers worldwide.
Sports selection is good and Cloudbet offers a lot of marginal sports. Some examples would be some smaller leagues like Danish Ice Hockey League (Metal Ligaen), All Ultimate Fighting Championship (UFC) matches and for example Korean Volleyball. And of course Cloudbet features the most popular major league betting choices.
Cloudbet is a very good choice for one all-around sports betting and casino site. If Bitcoin and Bitcoin Cash support is enough for you, you shouldn’t look elsewhere.