Are you a sports fanatic who likes to make a wager or two, or maybe quite a few more…? If yes, then you may be interested in hearing about CloudBet. CloudBet is a sportsbook based online betting platform that presents itself as the hub of live sport event betting on the net. Sounds good? We’ll cast our eye over their online offering in this review and find out what they are all about…
First introduced to the public way back in 2013, and licensed and regulated in Montenegro and owned by the E-Gambling company. In 2018, CloudBet has one of the largest and most comprehensive online sportsbooks on the web. Truly centered on sports and sports betting, the site does its best to main superiority in this area, yet it does as also run a sizeable blockchain casino under its stable. The gambling site runs on software provided by BetSoft and is fully optimized for use on desktop and mobile android or iOS devices.
Let’s start the investigation with a glance at the available gaming options…
Before we get stuck into the sportsbook, we’ll take a look at the site’s casino option. We were actually very pleasantly surprised in this department, as initially we expected CloudBet’s casino offering to be nothing more than an aside and a diversion to provide some interactive light relief for hardcore sports bettors. Well, we were very wrong! With over one thousand games to be played here, it’s fair to say that CloudBet casino can stand on its own two feet as a competitive blockchain casino.
The crypto casino mainstays are all well represented here, with classic table games including poker, blackjack, baccarat and roulette, slots and jackpot slots, video variants of the latter, Keno, and even bingo. What’s more, there are a respectable 65 live dealer games too.
As we have already established, CloudBet’s blockchain casino effort is far better than we expected. Hopes are already high for the site’s sportsbook, however, so let’s see if it lives up to the hype.
Right. First of all, is it as big as the fanfare suggests… Well, absolutely yes! This betting hub is staggering in its enormity! Soccer, NFL, basketball, tennis, rugby, snooker, MMA, golf… the whole competitive sports gamut is pretty much covered from A to B. Even the oddballs and niche sports can be found here without too much difficulty.
Live, in game betting is also supported almost as broadly, with the focus being on soccer. Further to this concentration on footballing events, the gambling site declares itself to offer the very best odds on soccer matches, covering all major promotions including the Champion’s League and EPL. This best odds promise is also extended to combat sports in the UFC, and US league games including NFL, NBA and NHL, as well as tennis and cricket. Quite a claim, and if upheld, quite a competitive advantage that is hard to beat!
The sign up process at this gambling site is simple, standard procedure stuff. Start by providing an email, password and date of birth for legal minimum age restrictions. Once this is done you’ll be prompted to check your email account for a verification link from the CloudBet admin team. This doesn’t take long, and we were up and running within 2 mins, from start to finish.
Sign up screen
Fully accessible on the go, both the CloudBet casino and sportsbook are optimised for use on mobile and can be accessed through an android or iOS device, as well as via Windows or Apple desktop. Both versions of the site, desktop and mobile, are identical and offer the same games, functions and play options.
Bonus Offers & Promotions
CloudBet entices visitors to the site and tempts them to become players with a 100% first deposit bonus of up to (a very generous) 5 Bitcoin. As expected, it’s crucial to check out the small print of any deposit bonus offer. In that regard, this particular promotion makes the following stipulations:
The bonus balance will be added to your ‘loyalty points’ (loyalty points are gained by playing casino and slot games)
0.01 Bitcoin will be made available to your account for conversion to cash for every 800 loyalty points you acquire
Accumulated bonus funds will become unavailable after 365 days
For those committed to the site, is there a VIP loyalty scheme or similar? Well, at the time of writing this review there doesn’t appear to be, and if one does exist, CloudBet are hardly shouting from the rooftops about it.
Privacy, Policy, and Scam Prevention
The vast majority of Bitcoins held by the site are stored in a cold wallet, with a hot wallet of funds equal to approximately a day’s worth of site transactions also in use. The site also utilizes 2 step authentication which can be managed using the Google Authenticator mobile app.
There is no allusion to the Provably Fair industry standard on the CloudBet site, so we can safely assume that they are not participants. However, CloudBet do state that all of their casino games “carry an official Certification of Random Number Generator (RNG) Evaluation conducted by GLI (Gaming Laboratories International) and issued through Curaçao eGaming”.
Customer support is accessible through a ‘support’ button on the bottom right hand corner of the screen. This button simply opens up a search box where keywords can be entered to search a database for the top previously resolved queries. Live chat with customer support is called up via the ‘live chat’ button that at the bottom of the search results screen.
Deposits and Withdrawals
Calling itself the “High Limits Bitcoin Betting Site”, CloudBet asserts to offer the highest wager limits of any online sportsbook. European soccer games, and US NFL, NBA, and NHL games all have an upper limit of 36 Bitcoin per bet.
Deposits are unlimited in amount and are stated to be instantaneous. Withdrawals are also given to be instantaneous, although this is written elsewhere as taking “minutes or hours”.
The minimum deposit amount is 0.001 Bitcoin. There is no ceiling on deposits, as mentioned above.
Minimum withdrawal is 0.001 Bitcoin, and again, there is no cap on withdrawals.
The Bottom Line
To conclude this review of the CloudBet sportsbook and bc casino, we will say that is a strongly recommended online gambling destination for seasoned hands and new players who like to earn a bit of cash through traditional sports betting or trying their luck at a good mix of traditional and novelty table and slots games.
Certainly, there is room for improvement, and a couple of areas where these improvements could be made became apparent as we tested out this blockchain casino and betting site. First of all, why only accept Bitcoin? The altcoin market, including the likes of Litecoin, Dogecoin, Ethereum, Bytecoin et al. is growing steadily, and is no longer considered a niche market of also rans. Secondly, a few more bonuses and a loyalty program wouldn’t hurt, as at the moment CloudBet is rather threadbare in this area.
However, these points don’t detract from the very favorable overall impression we got from CloudBet – its high quality presentation, comprehensive sports coverage and helpful FAQ section make it a worthy destination for anyone looking for an enjoyable gambling experience.