Cloudbet Review, Bonuses & Promo Codes 2023

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

Launched in 2013, Cloudbet is a top cryptocurrency casino betting site with more than 300,000 users. With Cloudbet, users can leverage cryptocurrencies to bet on sports games, live dealer games and much more. 

This Cloudbet review will discuss all the available Cloudbet promo codes, promotional schemes, supported cryptocurrencies and more. 

What is Cloudbet?

Since launching in 2013, Cloudbet emerged as one of the pioneers of the Bitcoin casino betting industry. Leveraging blockchain technology, Cloudbet supports multiple cryptocurrency payment methods which can be used to access betting on popular games. 

This best provably fair Bitcoin casino is owned and operated by Halcyon Super Holdings BV. This platform allows players to bet on various casino games, live dealer games and has recently added a sports betting library to its arsenal. A legitimate casino site, Cloudbet has an official gambling license and is regulated by the government of Curacao.

Apart from Bitcoin (BTC), Cloudbet supports some of the top cryptocurrencies on its platform - including Tether (USDT), Ethereum (ETH), Binance Cash (BCH) and more. This popular betting platform is not supported in the USA, UK or Australia. 

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Cloudbet Key Facts

Our Cloudbet casino review will now analyze some of the bonuses and game types available on this popular platform. 

Cloudbet Bonuses & Promos 

The sections below will discuss all the available Cloudbet bonuses and promotional schemes for new customers and long-term members. 

Cloudbet Welcome Bonus Offers

Firstly, new users can benefit from Cloudbet’s welcome bonus offers. After making an initial deposit, members can earn a matched deposit bonus of 100% on up to 5 BTC, equating to over $80,000 at the time of writing. 

However, players must fulfil some wagering requirements to receive the bonus. After participating in various Cloudbet casino games, users can collect points on the platform. Every 150 points can be redeemed to unlock 0.001 BTC worth of bonuses. The matched deposit bonus can be beneficial when attracting new customers to the platform. Users have a total of 60 days to complete the wager requirements to receive the welcome bonus. 

Existing Customer Promos

Offering one of the best Bitcoin casino free spins, Cloudbet hosts multiple regular promos to offer existing customers regular benefits. For example, users can access Free Spin Tuesdays on the platform. By depositing $20 or more on Tuesdays - members are provided with 20 free spins. 

Another ongoing promotion is the Slots tournament - which has a prize pool of $5,000. On Cloud, users can also access the VIVO Roulette tournament and collect points to win from a $5,000 prize pool. 

Cloudbet also offers some of the best odds for sports betting - as players can access zero margin sports betting on some of the most popular sports such as football, baseball, tennis and more. 

Cloudbet Loyalty Program

Cloudbet runs a loyalty program where VIP and loyal customers can earn multiple benefits. The loyalty program has six tiers, from the Bronze to the Ruby Tier. The way to climb up the tiers is by playing games within the platform and earning ‘Lightning Points’. 

As a user moves to a higher tier, the lightning points start accumulating faster. For example, the Silver tier multiplies your Lightning Points earned by 1.2x. The Ruby tier multiplies each lightning point earned by 2x. 

One of the benefits on the loyalty program includes priority customer support - where players can access their dedicated account managers for any account queries. Rewards on the sports betting library also heighten depending on your loyalty tiers - reaching a total of 4x earnings with the Ruby tier. 

From exclusive promotions to deposit bonuses, loyal customers can access a range of benefits with the Cloudbet loyalty program. 

Reload Bonus

Every Monday, Cloudbet VIP and loyalty program users can access additional rewards. An individual can access a reload bonus based on their loyalty tier. By depositing a minimum of 0.001 BTC, members can access the following bonuses depending on their tiers: 

• Silver Tier: 50% matched deposit bonus on up to a $125 deposit
• Gold Tier: 50% matched deposit bonus on up to a $275 deposit
• Emerald Tier: Matched deposit bonus of 50% up to a $1,250 deposit
• Sapphire Tier: 100% matched deposit bonus of up to $2,500 
• Ruby Tier: Get a 100% matched deposit bonus of up to $5,000

To redeem these bonuses, Cloudbet requires users to comply to a few terms and conditions: 

The rollover bonus has different wagering requirements - 40x for Silver, 30x for Gold, 20x for Emerald and Sapphire, 15x for the Ruby Tier. 

The Emerald, Gold and Silver tier users must have already made a previous deposit to stand a chance to redeem this bonus. The wagering requirement must be met within seven days.

After the bonus is activated, it remains active for only 48 hours. 

Cloudbet Bonus Promo Codes

To access the Cloudbet bonus code promotions, the sections below show how users can take advantage when creating a new account. 

Cloudbet Matched Deposit Bonus Code

The Cloudbet bonus code to redeem the matched deposit bonus is ‘NEWBONUS’. 

When registering, users can enter this bonus and make their first deposit to earn the 100% matched deposit bonus after completing the wagering requirements. 

Cloudbet No Deposit Bonus Codes

Cloudbet does not offer any no deposit bonuses at this moment. However, as discussed earlier, users that access the VIP and loyalty programs will benefit from multiple offers such as the Lightning Points multiplier and special customer support. 

What Games Can You Play at Cloudbet Casino?

One of the best cryptocurrency casino sites, Cloudbet offers a range of slots, sports betting and live casino games to choose from. From an immersive live dealer casino experience to hundreds of sports and esports betting options - Cloudbet offers a diverse range of betting opportunities. 

The sections below discuss all of the available gaming features that you can access on Cloudbet:

Slots

One of the best Bitcoin casino sites on the market, Cloudbet features more than 1,000 Bitcoin slot games in its extensive gaming library. Some of the most popular games in this category include Wild Rails, Book of Dead, House of Doom and Book of Merlin.

Some of the available slots offer a high RTP (Return to Player) - which refers to the net percentage of wagered money that is returned to the players. Some of the top RTP games include ‘In the Rabbit Hole’ - which has an RTP of nearly 96%. 

Similarly, slot games like Golden Dragon Inferno and Athens Megaways also offer an RTP in excess of 95%. 

Cloudbet is also running a Slots tournament with one of its most popular gaming developers ‘ Play’nGO. Hosting a $5,000 slots tournament - players can win rewards on popular games including Canine Carnage, Clash of Camelot and Rise of Olympus.

Provably Fair Games

Provably fair gambling is a process that leverages an algorithm to verify fair play and winnings on various casino-based games. Cloudbet offers a vast section of provably fair games including the likes of Aviator, Mines and Gold Mines. As such Cloudbet is among the best mines gambling sites.

Dice, Hi Lo and Keno are among the other provably fair games available on Cloudbet.

Baccarat

Cloudbet also offers a live casino with a live dealer table of over 65 popular casino games. One of the most popular games on Cloudbet is Baccarat - the popular card game. 

Cloudbet features a range of Baccarat-based games, including First person Dragon Tiger, First person Baccarat, First person Golden Wealth and the normal Baccarat game. 

Blackjack

Another one of the popular games on Cloudbet is Blackjack. 

Game variations include European Blackjack, American Blackjack, Single Deck Blackjack and First person lightning Blackjack. 

Roulette 

Players can also access live roulette tables and engage in a game of European Roulette or First person Lightning Roulette. Cloudbet even runs a VIVO Roulette tournament with a $5,000 prize pool. 

By competing in this tournament, players can accumulate points. 10 points can be earned by wagering $10 within the game. The top performer in the ongoing tournament can win an individual cash prize of $1,500, while the remaining prize money is distributed to the top 30 performers. 

Live Games

Blackjack and Roulette are among some of the most popular live games which can be accessed on Cloudbet. Moreover, players can also access other games such as poker, video poker and Teen Patti. 

Other popular live games include 32 Cards, Roulette Lobby, Ultimate Sic Bo and Football Studio Dice. 

Cloudbet Sports Betting

In 2021, Cloudbet incorporated a sportsbook in its library. Sports fans can engage in betting for live sports and access multiple markets. Here’s a list of some of the available sports markets on Cloudbet. 

List of Sports Markets 

The following are some of the available sports which users can bet on with Cloudbet: 

• Soccer
• Tennis
• Baseball
• Basketball
• Cricket
• Snooker
• Table Tennis
• Horse Racing
• MMA
• American Football 

Live Sports Betting 

Cloudbet incorporates live sports betting and allows its users to make new bets on various sports in real time. The live sports betting options are supported for the top sports such as Soccer, Tennis, Cricket, Horse Racing and others. The platform supports more than 30 sports to choose from. 

Notably, Cloudbet became the first casino site to incorporate live horse racing bets via cryptocurrency payment methods. On Cloudbet, users can bet on some of the top sports leagues such as the UEFA Champions League, Premiership, NBA, FIFA World Cup, NCAA, NFL, the Rugby Championship and more. 

The sports betting library supports a range of betting wagers such as spreads, money line bets, virtuals, pre-match bets and competitive spreads. At the time of writing its World Cup season, and we ranked Cloudbet highly on our list of football betting sites that accept crypto.

eSports Betting 

One of the best reasons to begin betting with Cloudbet is due to its range of eSports betting options. eSports refers to competitive gaming among individual’s. On Cloudbet, the platform will allow a user to bet on 60 + eSports games. Some of the popular eSports games include: 

• FIFA
• Counter Strike
• DOTA 2
• NBA 2K
• League of Legends
• Starcraft 
• Valorant

Cloudbet Odds 

Odds on the Cloudbet platform look favourable - especially on the sports library section. With Cloudbet’s API (Application Programming Interface), users can screen betting lines to better understand the odds. 

Our Cloudbet review has also gathered that this popular platform offers competitive betting margin odds - usually just 2%. For comparison, the industry average is around 10%. 

What Software does Cloudbet Use?

On Cloudbet, members can access some of the best betting games that the top software providers in the industry have developed. 

Some of the leading game developers in the industry have provided all the best live dealer tables to slots and sports betting options. The platform’s slots gaming category features some top providers, including Relax Gaming, MicroGaming, NetEnt and Betsoft. 

Through the likes of these software providers, users can access some of the top slots such as ‘Game of Thrones’, ‘Black Gold’ and ‘Bridesmaids’. Other top software providers include Evolution Gaming, Play’n Go, Ezugi, VIVO Gaming and Spinomenal. 

Cloudbet Deposits & Withdrawals

One of the reasons why Cloudbet is so popular is due to its beneficial deposit and withdrawal fees. Users not only have to pay additional fees when depositing funds on the platform, but the transfers are instant. 

The table below outlines the Cloudbet withdrawal times, deposit limits and more.

Cloudbet Interface & User Experience

Once you create an account and join the Cloudbet platform, you can access the different betting features in a single click. On the top left of your screen, Cloudbet displays a recently visited section and also lets players pick their favorite crypto betting games. 

Users can also benefit from the RTP ratings per each of the slots and casino games - to get a better idea of the success rate per game. To simplify crypto-based betting, Cloudbet has integrated a ‘blog’ section on its website to allow users to learn more about cryptocurrencies. 

The blog discusses new features on Cloudbet, the basics of cryptocurrency, and even explanation guides on esports tutorials, casino games and more. Cloudbet is also compatible via desktop, laptops or a mobile device. The platform can be accessed via iOS, Android, Windows and Mac OS operating systems. 

The popular live betting markets in the sportsbook section are also available 24/7, allowing users to constantly engage in new bets via some of their favorite markets. 

Does Cloudbet Have a Mobile App?

While Cloudbet does not have a separate mobile app, this casino site is easily accessible through mobile via a web-based browser. As mentioned above, Cloudbet is accessible on iOS and Android through the website - which gives access to all the available betting markets, including the live casinos, slots, sports betting and more. 

Using Cloudbet through a mobile device is a simple and convenient way to bet on the go. See our full guide to Bitcoin casino apps.

Cloudbet Security

One of the most important features of a crypto casino site is to guarantee safety and security to users. To begin with, Cloudbet has an official gambling license, as the government of Curacao regulates it. The platform is licensed under the company name, ‘Halcyon Super Holdings BV’. The official registration license number is 1668/JAZ.

Cloudbet also has its users best interests in mind and offers 24/7 customer support to all members. Users can also access dedicated account managers and special customer support depending on an individual's loyalty tier. 

To ensure secure betting, Cloudbet holds all assets in cold storage. This means that the digital assets are not stored online on the internet - making them immune to online hacking and fraud. Cloudbet only offers hot wallet facilities for day-to-day withdrawals. 

Cloudbet Pros & Cons 

Pros 

• Over 30 accepted cryptocurrencies
• Extensive sports and eSports betting options
• One of the best Monero casino sites for 2023
• Regular slots and roulette tournament pools
• Matched deposit bonuses
• 24/7 customer support
• Low minimum deposit of 0.0001 BTC
• VIP Tiers offering several benefits

Cons 

• Does not offer a ‘No deposit’ bonus
• Not available in the US, UK and Australia

Readers in the United States may be interested in our BC.Game review as that site does accept US players.

The Verdict

Cloudbet’s cryptocurrency betting platform allows over 300,000 users to leverage the top digital assets to access sports betting, virtual games, live dealer games and thousands of slot games. With Cloudbet, investors can access loyalty benefits, matched deposit bonuses and even exclusive customer support options. 

Cloudbet’s instant withdrawals, low deposit limits and extensive gaming options make it one of the best cryptocurrency casino sites. 

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FAQs

How legit is Cloudbet?

Cloudbet holds a gambling license and is authorized and regulated by the government of Curacao. The platform protects customers’ funds by storing assets in cold storage. 

Where is Cloudbet based?

Cloudbet is based in Curacao, Costa Rica. The platform was launched in 2013 and was one of the first of its kind. 

What is the minimum deposit at Cloudbet?

The minimum deposit on Cloudbet is only 0.0001 BTC, or the cryptocurrency equivalent. 

How do I cash out on Cloudbet?

Users can navigate to the ‘My Bets’ section and then access ‘Bet History’. From this section, users can access the ‘Cash Out’ option to close their bets. 

How do you earn loyalty points on Cloudbet?

Loyalty points are earned on Cloudbet simply by engaging in the various games available on the platform. Cloudbet also offers lightning points to users - where every $1 wagered results in 10 points on the platform. With 150 points, users can redeem 0.001 BTC of the available matched deposit bonuses. 

Where is Cloudbet allowed?

Cloudbet is allowed in more than 100 countries worldwide, including India, Argentina, Nigeria and Canada. 

What is the Cloudbet bonus?

After making your first deposit, Cloudbet offers a matched deposit bonus of 100% on up to 5 BTC.