Cloudbet Sportsbook Review 2024 | Join and Enjoy Great Odds!

Established in 2013, Cloudbet is one of the industry's oldest crypto sportsbooks and casino sites. It supports several dozen cryptocurrencies, trusted fiat payment options, and a solid selection of sports betting markets – check it out yourself!

That said, if you want to find out more about this sportsbook before signing up, you’ve come to the right place! In this detailed Cloudbet sportsbook review, we’ll overview all the important features you should know before depositing your money into Cloudbet.

Key Features

• A veteran cryptocurrency sportsbook with over a decade of experience in the industry.
• Exciting Loyalty Lightning Points system with tons of great perks and bonuses.
• Great sports betting coverage with nearly 30 pre-match and in-play betting markets.

Cloudbet Bonuses and Promotions

Cloudbet’s bonus selection doesn’t include many bonuses, but it does include some interesting offerings.

This mainly pertains to its Loyalty Rewards, which is excellently designed and provides great value for bettors who decide to commit to the platform long-term.

The sportsbook’s offers are all outlined in its Promotions tab, where you can also find all of the bonus terms and conditions displayed transparently. With that in mind, here’s a more detailed overview of the bonuses and promotions you can find at Cloudbet:

Cloudbet Welcome Deposit Bonus

Although you can find superb perks with Cloudbet’s offers for regular members, the sportsbook doesn’t offer any promotions for new players at this point.

Unfortunately, unlike most online sports betting sites, Cloudbet doesn’t have a welcome bonus for new sign-ups.

This is certainly a considerable drawback, as welcome deposit bonuses are a great opportunity to increase your betting bankroll and get more entertainment value for the money you deposit.

Cloudbet does offer a welcome bonus of up to 5 BTC, but the site’s support staff confirmed to us that this is only for casino players.

The lack of a welcome bonus is important to factor in as this puts Cloudbet at a disadvantageous position compared to sites that can provide added value when you sign up.

Cloudbet Bonuses for Regular Members

Like the welcome bonus, most Cloudbet bonuses are primarily aimed at casino members, and there’s not much content for sports bettors. However, Cloudbet’s Loyalty Rewards club offers great benefits worth considering.

The Loyalty Rewards club comprises six loyalty tiers, with each higher tier offering additional benefits.

As you progress through the loyalty levels, you can unlock better reward multipliers and lower rollover requirements. Players who reach the sixth and highest level also get a dedicated account manager.

The site uses Lightning Points as part of this rewards system. You can collect Lightning Points by placing bets or wagering in the casino. When you collect enough points, you can redeem them for sports bonuses and other casino perks.

Cloudbet even offers some luxury real-world prizes you can obtain through these Lightning Points, such as a vacation on a private island, a Rolex watch, or even a Lamborghini Huracan.

Sports Betting at Cloudbet

Cloudbet's sportsbook currently offers 29 betting markets. These categories cover everything from mainstream sports to more niche ones. You can also find betting markets on various events, such as reality shows, music and video awards, and political events.

There is also a separate in-play betting markets section that makes it very easy to find ongoing games and events.

Additionally, the sportsbook’s search function is very intuitive and enables you to search specific games and teams you want to bet on, allowing you to quickly find desired betting options.

The betting slip is a bit simplistic and more suitable for beginners than experienced bettors looking for a more modifiable ticket. You can make single and parlay bets but don’t have any other options.

Licensing and Safety

Cloudbet possesses a license from Curacao eGaming, and its certificate of licensing is featured on the footer of every page of the site.

Curacao licenses over a thousand online casinos and sportsbooks and is a particularly popular licensing body for cryptocurrency betting and gambling sites.

While Curacao’s license is credible and trustworthy, it’s important to note that it doesn’t carry the same weight as a license from the UK Gambling Commission or Malta Gaming Authority. Additionally, if you also want to play casino games on Cloudbet, it’s good to know that the casino doesn’t have any RNG certificates.

In terms of safety, Cloudbet is the premier option for sports bettors looking for a trusted and secure cryptocurrency betting site.

The site was launched in 2013, long before crypto’s mainstream popularity, and grew to become the go-to betting brand in the cryptocurrency sports betting space.

Cloudbet protects its platform with industry-standard SSL encryption. It also empowers its members to bet securely by offering two-factor authentication options and multi-signature cold wallet storage.

Deposits and Withdrawals

Cloudbet doesn’t have any limits for deposits and withdrawals, both when it comes to the minimum and maximum amounts that you can put into or take out of your account.

This makes it a favorable choice for both those betting with a tight bankroll and those who want to wager larger amounts.

Cloudbet processes withdrawals within 24 hours, but the exact transaction time depends on the blockchain network as well. With the latter in mind, there is a blockchain network fee for each withdrawal, which depends on the network and can fluctuate.

The sportsbook supports over two dozen cryptocurrencies, including:

• Bitcoin
• Ethereum
• Dogecoin
• Tether
• Solana

You can also buy cryptocurrencies using a third-party fiat method. Cloudbet currently supports a number of trusted third-party payment providers, including Visa, MasterCard, ApplePay, and GooglePay.

Cloudbet Mobile App

Betting on your mobile or tablet device can be very convenient, especially if you’re primarily interested in betting on in-play betting markets. With that in mind, Cloudbet is an excellent choice, as this sportsbook is a good pick for both Android and iOS users.

While it doesn’t have a native Android or iOS app, Cloudbet offers an excellently-optimized mobile platform. You can access Cloudbet directly through your mobile browser and enjoy a very responsive and streamlined site.

Casino Games

Although Cloudbet offers a very comprehensive sports betting platform, it is still primarily an online casino. As such, it offers a solid selection of casino games with titles across many popular categories.

Cloudbet’s casino section is neatly divided into eight game sections, making it easy to browse selections and quickly find games that suit your preferences.

It also features a useful search bar and filters that allow you to tailor various attributes and even game volatility when searching for games.

While Cloudbet’s casino library certainly isn’t among the biggest you’ll find online, it still numbers a variety of options, from popular picks like slots and live casino to more niche ones like game shows and arcade games.

Pragmatic Play is the most reputable and best-represented provider in its library, supplying games for both its casino and live casino sections.

Customer Support

Cloudbet offers very reliable and prompt customer service through live chat. Their staff can provide helpful assistance even on more demanding inquiries about the site. The live chat service is available around the clock, every day of the week.

You can access live chat support on every page or directly through the Cloudbet Help Center. There, you can also find over 100 articles covering various topics, so you can find useful answers without even having to contact customer service in most cases.

Cloudbet Sportsbook Review – Our Verdict

Cloudbet offers good betting odds, a varied selection of betting markets, and great deposit and withdrawal options.

Additionally, its mobile app is very well-optimized for both Android and iOS. The Loyalty Rewards program is also worth considering if you want to stay with the site for a longer period.

Unfortunately, the lack of a welcome bonus for sports bettors is a downside that shouldn’t be overlooked. Sports betting bonuses are a great tool for boosting your betting bankroll and you can find great bonus deals at many online sportsbooks.

With all of this in mind, if you’re looking for a sportsbook that offers a welcome bonus, we recommend checking out the best sports betting sites we’ve reviewed for you.

On the other hand, if you don’t mind this disadvantage, we recommend checking it out, as it undoubtedly has a lot to offer on many fronts.

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