Cryptocurrency betting platform Cloudbet has been successfully operating since 2013, which is a really impressive life span for a Bitcoin website. This resource is primarily known as a Bitcoin sportsbook, it also has a great online casino and offers esports betting markets.
Cloudbet offers a massive welcome bonus. The first deposit will bring a 100% bonus up to 5 BTC. The minimum amount required to get the bonus is 0.01 BTC / BCH / ETH or 10 USDT.
Pay attention here: the bonus cap is different for every cryptocurrency. If you make a deposit in Bitcoin Cash, your limit will not be equivalent to 5 BTC. In this case, the maximum possible amount of bonus money is going to be 5 BCH.
Loyalty is awarded small yet nice incentives. If you make bets with real money daily from Monday through Friday, you will get 1 mBTC or an equivalent amount in ETH or BCH on Sunday. But in order to qualify, you should make at least one bet that is 2 mBTC or bigger each day.
But that’s not all. There is also a VIP Bitcoin Club which grants access to additional benefits, such as:
• Increased betting limits
• Increased withdrawal limits
• Faster and simpler withdrawals
• Cashbacks and tailored bonuses
• Personal account managers and exclusive support
• Special events and gifts
Overall, the resource makes it more advantageous for players to make bets on a daily basis. In crypto casino Cloudbet, deposits on Mondays bring an additional 50% as a reload bonus with the maximum possible amount being 25 mBTC. And if you top up your balance on Thursday, the same 50% bonus will bring you up to 50 mBTC.
Those who revel in gambling contests will find something to their liking, too. Each weekend, the online casino hosts tournaments with copious prizes like 1500 free spins. The terms are very simple: each 1 mBTC you spend on crypto games brings you 1 point. The top ten leaders in the scoreboard are awarded with prizes.
Deposits and withdrawals
Cloudbet allows you to bet on sports with different cryptocurrencies:
• Bitcoin (BTC)
• Ethereum (ETH)
• Bitcoin Cash (BCH)
• Tether (USDT)
• USDCoin (USDC)
• Pax Gold (PAXG)
The minimum amount of a deposit is 0.0001 BTC or an equivalent amount in altcoins. There are no limitations on the maximum amount.
The same applies to the minimum and maximum amounts for withdrawals.
Cloudbet sports betting
Traditionally, users can make Bitcoin bets in two ways:
1. Before the game (pre-match)
2. During the game (live)
As for sporting events, there are tons of options. Those who like crypto betting have access to such sports as football, soccer, tennis, MMA, boxing, snooker, and many others including Esports.
Bitcoin casino Cloudbet has slots with progressive jackpots and all the popular table games: roulette, poker, baccarat, blackjack, and others.
Besides, there are virtual games for those who crave for more sporting events. They include football, speedway, and all sorts of races.
Cloudbet on mobile devices
There is a mobile version of Cloudbet, which has a slide-out sidebar and slightly different user interface. In general, it is very convenient and looks nice on smartphones and tablets.
Using the link in the footer, you can switch between the desktop and mobile versions at any moment.
Security and fairness
The deposited cryptocurrency is kept on cold storage wallets. It means that potential intruders will not be able to exploit software vulnerabilities in order to hack them and gain access to users’ money. It should be noted though that it applies only to Bitcoin and Bitcoin Cash.
But how about those promised fast payouts? Cloudbet has found the way: the platform has a separate hot wallet that is used to process the transactions of players on a daily basis. Therefore, users can make bets with cryptocurrency without worrying about withdrawal delays.
Cloudbet is a licensed casino so all its games undergo the tests of independent third-party organizations that evaluate the fairness of random number generators.
Cloudbet pros and cons
If you pay close attention to details, you may notice some shortcomings in terms of betting and gambling at Cloudbet.
The first one has to do with a vague reference to the possible commission fee for user transactions. The website “reserves the right” to charge 5% fee for handling deposits and withdrawals. It does not specify in which cases this handling charge is applied though. We can only hope that such cases are rare.
The second is related to the unequal distribution of bonuses among the users of the website. Those who prefer sports betting might have the impression that they are taken for granted as most bonuses are for online casino games only.
It would be great if the platform devoted more attention to cryptocurrency sports betting. This is not to say, however, that it is neglected. In fact, this aspect of Cloudbet is almost impeccable.
Anyway, the numerous benefits of Cloudbet far outweigh any possible drawbacks:
1. Six accepted cryptocurrencies
2. Big welcome bonus
3. Variety of sporting events
4. Decent collection of casino games
5. Licensed operations
6. User privacy
7. Low minimum bets
8. A serious approach to the safety of user funds
9. Highly competent tech support
10. Awesome mobile version
It is clear now why Cloudbet has become the choice of many crypto enthusiasts. With this platform, Bitcoin betting is not only profitable but also really convenient. So, if you like to make bets with Bitcoin, Ethereum, Bitcoin Cash, or Tether, Cloudbet will not disappoint you.