CloudBet Sportsbook is a new bookmaker, operating since late 2013 and tapping into the potential of Bitcoin . It is an operator allowing players to deposit in crypto currency and have recently opened an online casino. At the time of writing, their collection of games is relatively small, but feature plenty of 3-D Betsoft slots. The advantage of using crypto currency consists in the fact that deposits are performed faster and in total anonymity. Players can browse the collection of casino games at leisure and the betting website.
Key facts about Cloudbet
- CloudBet offers more sports betting options than most of its Bitcoin counterparts and has high limits.
- Deposits and withdrawals are processed almost instantly and are secure
- CloudBet has one of the biggest deposit bonuses offered by BTC sports betting operators and a welcome package.
- The casino uses the latest encryption technology and has all its games tested for fairness, a unique trait for BTC operators.
- Some restrictions apply to American sports, with CloudBet only allowing parlays and not offering any teasers.
This bookie is regarded as a safe haven by American players, so it was only natural for the bookmaker to meet them halfway with a great selection of American sports. One can bet on NFL, MLB, NHL and NBA and enjoy a similar range of markets when wagering on college sports. Football and basketball are well covered on the other side of the Atlantic as well and punters can also bet on the most important matches in Africa, Asia and South America.
CloudBet is well-liked among European players and these prefer to bet on continental football. The most important first divisions are well covered, but players can dig a bit deeper and wager on lower leagues. The betting options are limited to a handful of team props, player bets and futures. There is an inadequate offer for those who use Asian handicaps to boost the odds.
Cloudbet horse racing
The bookie doesn’t neglect those who bet on horse races but is far from meeting the highest expectations. They are far behind leading English bookmakers, such as Paddy Power, William Hill and Ladbrokes. On the bright side, they are ahead of Asian facing bookies like Nitrogen, Youwin or Betclic.
Live and Mobile Gaming at Cloudbet
CloudBet is miles ahead of most Bitcoin sportsbooks when it comes to live betting, offering dozens of popular markets on most sports. You can bet on outright winner, spreads, totals, handicaps, player props and various team totals on soccer, American sports and other leagues. However, you won’t get the chance to watch any of these matches live. That's because they didn’t bother to introduce a live streaming feature.
The website is optimized for mobile gaming and one can bet on sports on table games on smartphones and tablets. There is no such thing as a mobile app right now.
How are the limits and odds at Cloudbet?
Compared to traditional bookmakers, CloudBet is quite average in terms of limits and odds but it is significantly ahead of most of its Bitcoin counterparts. One can bet as much as 50 BTC on the major markets which is a huge amount by crypto currency standards. Beginners don’t find themselves at a disadvantage, since the minimum amount acceptable per wager is of only 0.001 BTC.
CloudBet Casino Games
Betsoft is the software developer providing all the games here, so players can spin the reels of 3-D slots. This is what Betsoft is famous for and you can play most of the games on mobile devices using the flash browser. Players used to face the RNG when playing table games, but they can compete with real dealers. Players don't have the possibility of playing bingo or poker, and their absence is easy to explain. For a gambling operator that tries to stand out from the crowd , the absence of this type of gaming is disheartening.
CloudBet offers nearly 100 video slots, including the best-known 3-D titles such as A Night in Paris, Under the Bed, At the Copa, Safari Sam and Sugar Pop. Less than 20 table games can be played here, but the list includes Draw Hi-Lo, Red Dog and Oasis Poker. Roulette, baccarat and blackjack can be played against real dealers. Lottery fans will get to choose between Klub Keno and Instant Keno. There are few video pokers, with players preferring All American Video Poker, Bonus Deluxe and Joker Poker.
Is Cloudbet safe and reliable?
Those who are seeking a reliable Bitcoin casino have plenty of reasons to choose CloudBet. On one hand, they don’t have to disclose a lot of information about themselves and benefit from anonymous transactions. At the same time, the casino uses the 128 bit SSL encryption and has the RNG tested for fairness and audited.
How do you register at Cloudbet?
The registration process is straightforward and quite similar to what regular casinos and bookmakers demand. This is actually a surprise for those who are in the market for a Bitcoin sportsbook. Some might find the request for using an email when signing up a bit excessive. Players are also supposed to confirm their email before depositing, so they give up a bit of their anonymity.
Payment options and cash out times at Cloudbet
The casino chose to rely exclusively on bitcoins, so players have one way of depositing and cashing out funds. The good news is that both transactions are performed instantly and the currency is kept safe in a cold storage. No conventional deposit and withdrawal options are available, so the waiting times don’t differ. You will have your bitcoins transferred in and out in a few seconds and completely anonymous.
Cloudbet promo & bonus codes
CloudBet has a great welcome bonus of up to 5.0 BTC and all the deposits of this magnitude will be matched by 100%. Players unlock the bonus by accumulating the necessary loyalty points and the bookmaker will release it in increments of 0.01 BTC whenever players earn 800 points. It can take a while to clear the entire bonus, which depending on the currency rate exchange can amount to as much as a few thousand Euros or currency equivalent.
Cloudbet service and support
CloudBet only offers assistance via email, which is always frightening when signing up with a new casino, especially one using Bitcoin. On the bright side, responses come in only a few hours, so your heart won’t keep a bit when you ask a sensitive question and a long time passes without an answer.
What are others saying about Cloudbet?
This is a better choice than most online bookmakers relying exclusively on Bitcoin in terms of odds, betting products and available markets. They also offer better bonuses, albeit these freebies are difficult to redeem. It can take a while until you cash out the entire amount. The large selection of live betting markets and odds is overshadowed by the absence of teaser bets on American sports.
As far as punters and online casino players who are in the market for Bitcoin operators are concerned, CloudBet is in a league of its own. The limitations caused by the crypto currency are easy to accept given the fast cash outs. Bitcoin fans were disappointed by the fact that complete anonymity is compromised by being forced to register with email.
My rating of Cloudbet
CloudBet took me by surprise with their healthy selection of games, competitive odds and high betting limits. To some extent, I’ve enjoyed a similar package to those offered by William Hill Casino, Bet365, Paddy Power or Bwin. I’m not a huge fan of fringe technologies in general and I had my doubts about Bitcoin. I have to admit that players who enjoy using crypto currency will find a reliable partner in CloudBet. They’ve got decent odds, a great selection of sports and also offer the games in high demand for casino players. In their niche, they are a force to be reckoned with and worth a review score of 7 out of 10.