Cloudbet
October 2018 bonus

5 BTC Sportsbook Bonus

  • The best site for Bitcoin betting
  • Lucrative moneyback bonus system
  • High betting limits
cloudbet Summary

Cloudbet is the top pick for Bitcoin betting. They’ve got high betting limits for high rollers and offer great odds. They’ve got plenty to sports to bet on, and they respect your privacy – bet in complete anonymity.

Accepted Currencies
Bitcoin
Bitcoin Cash
Bonus Info
Bonus Total
5 BTC
1st Deposit Bonus
100% up to 5 BTC
Free Spins
-
Bonus Code
None - Use our link
Wagering
-
Reload Bonuses
Yes
Features
Mobile Friendly
Yes
Altcoins Accepted
Yes
Fiat Accepted
No
Live Casino
Yes
Sportsbook
Yes
Dice Games
Yes
Pros & Cons
  • High betting limits
  • Excellent bonus
  • Breeze on mobile
  • Anonymous gambling
  • Only Bitcoin and Bitcoin Cash accepted

Software and Games

At Cloudbet, you play top-of-the-line casino games and bet at the best BTC sportsbook.

Cloudbet is known first and foremost as one of the top destinations for Bitcoin-based sports betting. Its reputation for great betting action is no accident, Cloudbet’s sportsbook has high betting limits and covers every sport under the sun.

Besides sports betting, Cloudbet features a full-fledged online casino with all the games you’d expect. Whether you want to play a spin on the latest bitcoin slots or enjoy a hand or two of blackjack, the casino has you covered.

While it does have a casino and a sportsbook, there are a couple of game types Cloudbet doesn’t have. If you’re after dice games or Bitcoin lottery games you need to head to other sites.

Besides its sportsbook, another thing that makes Cloudbet interesting is that it’s built specifically for Bitcoin and Bitcoin Cash gamblers. The site doesn’t take any other currency, neither cryptocurrencies nor fiat-money.

You can play Blackjack, Keno, Golden Tiger and many other games in Cloudbet’s Live Casino. Just like at their sportsbook, you can play very high stakes.

Cloudbet’s Casino Games

Cloudbet offers the casino games you can think of from slots and other gambling machines to live casino gaming.

At CloudBet you get to play casino games from big-name casino game developers, like BetSoft and SoftSwiss. The list of game providers is a bit shorter than at a couple of other bitcoin casinos (like at Bit Casino), but that’s for a good reason: Cloudbet doesn’t feature games that nag you with requests for personal information.

Even with the slightly shorter list of game providers, Cloudbet covers all bases. There are enough slot machines to keep you entertained for weeks (try Gemix and Super Flip for a couple of lesser known, but ridiculously fun games), video poker machines are plentiful, and classic table games are numerous.

Live casino gaming is also available. You get in on the action of a real-life casino via a live video feed. Games you can play live are classics like roulette, blackjack, and baccarat, but also keno and lottery (wheel-of-fortune style) are available.

In true bitcoin style, the casino’s betting limits accommodate gamblers of all bankrolls. The minimum bet in most games is 0.00002 BTC (0.02 mBTC). The maximum is…well, let’s just say I need more bitcoins to find that one out.

Any casino gamer will have a good time at Cloudbet’s casino, which even has scratch cards (under “instant win” tab) that are often hard to find at bitcoin casinos. If there’s something that could be improved, it’s how the games are organized. I have my favorite casino software providers, but at Cloudbet you can’t directly see one providers’ games unlike at most other casinos.

Cloudbet Sports Betting

You can bet on anything from football to eSports and beyond at Cloudbet’s sportsbook.

Cloudbet’s sportsbook has everything you can expect from a modern betting site. You can bet your bitcoin on any sport under the sun from classics like football and ice hockey to current betting favorites like UFC and eSports. Each of the events has multiple markets (ways to bet) available, and you can bet both pre-event and live (during the match).

eSports is one of Cloudbet’s specialties, and you can bet on all major even most minor events. The games covered by Cloudbet include CS: Go, Dota, Heroes of The Storm, Hearthstone, League of Legends, Starcraft and even many not often seen at betting sites, like Street Fighter.

Minimum bet at the sportsbook is 0.001 BTC. They used to have it at 0.01 BTC, but as the Bitcoin price rose, they adjusted accordingly late in 2017. It was a welcome change.

As is customary in the gambling business, the maximum you can bet depends on the event. The more popular the event, the more you can bet. However, I haven’t so far come across with a match where I couldn’t bet as much as I liked (so either the limits are high, or that I’m a small timer when it comes to betting…).

One boring but important point about CloudBet’s betting platform is that it’s easy to navigate. When there are thousands upon thousands events to bet on with over a hundred markets per event, finding the one you’d like to bet on can get time-consuming. With Cloudbet, finding what you want is not a problem, couple of taps/clicks and you’re at the event you’re aiming to bet on.

Cloudbet has a super easy interface to bet your favorite matches. Like a sportsbook in 2018 should, they’ve also got live betting to give you the option of betting mid-game.

Mobile Cloudbet

Playing at Cloudbet is easy with a phone, tablet and computer. For mobile gambling Android and Apple devices work equally well.

There are no differences in the gaming experience you’ll get at Cloudbet whether you play with your phone, tablet or computer. Besides the games, also the betting limits, deposits and everything else works the same regardless of what device you have. This is exactly how things should be in 2018.

Playing mobile at Cloudbet doesn’t require downloading an app or installing any software. For your gaming, head on over to Cloudbet’s website and start gambling.

I’ll hand extra points for Cloudbet for getting mobile sports betting right. You don’t need a “phablet” for betting. Even on a smaller screen phone, it’s easy to find the match you want to bet on and bet however much you like. This small-screen friendly is layout is welcomed by everybody with an older Android phone or one of the smaller iPhones.

Casino games work equally well with mobile devices. In my highly unscientific test, I found that pretty much any decent data connection will do, 3G or 4G are not an absolute requirement. Some of the slots will start losing their sound effects if your connection is super slow, but that’s about it. I also found that playing slots on a tablet is especially fun, so if you have an iPad or a big-screen Samsung tab you’re in for a treat!

Cloudbet Bonus 2018

Casino Bonus 5 BTC
Sportsbook Bonus 5 BTC
Bonus Code None – Use This Link
Altcoins Accepted Bitcoin Cash
Fiat gambling No
Mobile Friendly Yes

Cloudbet doesn’t have free spins or a no-deposit bonus. Instead you’ll receive a very clever deposit bonus.

Many online gambling sites entice new players with big bonuses and lots of free spins. Cloudbet has chosen a different strategy, which is similar to how poker bonuses work at poker sites.

When you make your first deposit at CloudBet, you’ll receive a 100% bonus. So in short, the bonus doubles your deposit. The minimum deposit for receiving a bonus is 0.001 BTC and, while you can deposit any amount, the maximum bonus is 5 BTC.

After you initial deposit you need to earn the bonus money. To do this, play real-money games, which gives you loyalty points. The points you earn are converted into real money. For every 800 loyalty points, you receive 0.01 BTC of your bonus money.

Once you’ve earned a batch of your bonus money, it’s yours to keep. You can keep on earning more (you have 1 year to get bonus money) or cash out, whatever you like.

I think this is the best bonus of any bitcoin casino or betting site!

Because of how the bonus works, you can cash out any time. There are NO wagering requirements and NO maximum bet sizes. There are NONE of the other annoyances you come across with other bitcoin bonuses.

Best of all, because of how the bonus works there is no need for CloudBet to verify your identity at any point; you play in 100% anonymity. This fits the spirit of Bitcoin gambling better than any other bonus.

Loyalty Program and Loyalty Points

You earn Cloudbet’s loyalty points both from sports betting and casino gaming.

While I love Cloudbet’s bonus, I have to admit the exact details of how you earn points are a bit convoluted. But here we go.

At the sportsbook you earn loyalty points with this formula:

  • Loyalty points = stake (in mBTC) x price score (up to 1)
  • The price score is the square root of the odds, minus one
  • The maximum price score is 1

Uh, so let’s see. If I bet 5 mBTC with the odds of 2.2:
(pulls out a calculator) So the square root of 2.2 = 1.483, deduct 1 out of that and it’s 0.483. Then multiply that by my stake of 5 and I’ll receive 2.415 loyalty points.

Okay, so the key takeaway here is that you earn points by betting. Better let the system figure out how many.

Casino games pay loyalty points with an equally convoluted formula: Loyalty points = stake (in mBTC) x game score

The game score is different for each game with slots paying out the biggest points. Cloudbet gives these examples: live Roulette earns 0.216 points, European blackjack earns 0.049 points, and The Slotfather earns 0.345 points.

What’s noteworthy here is that you can earn loyalty points playing bitcoin roulette and bitcoin blackjack.

Getting bonus money for playing table games is revolutionary. I can’t think of another bitcoin-accepting casino where you earn bonus money by playing live roulette for example! Bitcoin table game players should definitely concentrate their action to Cloudbet.

Gemix is a fun and not so known game from the developer Play’n Go. Please remember that you can generate your bonus money when playing games like Gemix in Cloudbet Casino.

Cloudbet Bonus Codes 2018

You don’t need a bonus code at Cloudbet (as of October 2018).

Cloudbet trusts its ingenious bonus described above. Because the bonus doesn’t create any extra hassle for players (it doesn’t limit when you can cash out), you receive the bonus automatically when you deposit. You don’t need bonus codes or special links.

Depositing, Cashing Out and Cryptocurrencies at CloudBet

Cloudbet only accepts Bitcoin and Bitcoin Cash. It doesn’t take any other cryptocurrencies and it doesn’t accept fiat-currencies.

There are no depositing or cashing out fees, transferring money in and out is free (as it should be).

Deposit and withdrawal limits at CloudBet are:

  • Minimum deposit: 0.001 BTC
  • Maximum deposit: no limit
  • Minimum withdrawal: 0.001 BTC
  • Maximum withdrawal: no limit

When you deposit, the amount is credited to your CloudBet account as soon as it enters the blockchain.

Withdrawals are instant. However, if you manage to break the bank and cash out huge sums, there is going to be a slight delay before the funds are in your wallet. I assume this is because with a big enough win you send the site scrambling for its cold storage for extra cash.

Anonymous Gambling at Cloudbet

Gambling at Cloudbet is fully anonymous.

When it comes to the issue of anonymity, Cloudbet is not shy. It states that all you need for gambling is a valid email address.

Because of its ingenious bonus system, Cloudbet doesn’t need to check your identity when you cash out. This is a big deal because poorly thought-out bonuses are usually a reason why at other casinos need you to provide an ID if you cash out after playing with bonus money.

Everything Cloudbet does shows that it takes your privacy seriously. It has taken anonymity much farther than other major sites like Bitstarz, which is a big plus.

Out of all the top-quality bitcoin gambling sites, Cloudbet is the most anonymous and private site to play.

Legal, Legit and Safe Gambling

Cloudbet operates under a legit gambling license. It stores player funds into cold storage for extra security.

Some bitcoin gambling sites are happy to exist in a legal limbo. Cloudbet has taken a different, more legit approach and operates under a Montenegro gambling license.

Montenegro licenses are rare at gambling sites, but it’s not because there’s anything wrong with the license. It’s because banks don’t like to work with Montenegro-based gambling operations. For Cloudbet this is not a problem because with bitcoin banks are pointless (yay for that!).

For safety, Cloudbet states that player funds are stored in cold storage, with just enough funds in the hot wallet to process daily cash outs. I assume this is what other bitcoin gambling sites do too, but CloudBet is one of the few ones to say it out loud, so points for that.

Provably Fair Gambling at Cloudbet

Cloudbet doesn’t have provably fair games because it doesn’t need them. All the casino games are from big-time game developers whose games are fair by default.

Cloudbet doesn’t have verifiably fair games, but then again why should it? All the casino games at the site are from big-name software developers (whose best interest it is to keep its games functioning as they should), and Cloudbet doesn’t have any access to how the games work.

The site also states that Gaming Laboratories International has tested all its RNG (random number generator) based games for randomness. That’s great, but it would be nice to have a test report available for players though.

Great Site, Ingenious bonus

Cloudbet is a great gambling site that has been built from start to finish with bitcoin-only gambling in mind.

Many bitcoin-accepting gambling sites are not built with “bitcoin-ideology” in mind. They have annoyances like unnecessary ID checks, money transfers that cost up to 2% of your transfer and other irritating things.

Cloudbet, on the other hand, is doesn’t have these problem. It offers great gambling both at its casino and world-class sportsbook, and it does all this in total anonymity with super-fast and free money transfers. Even its bonus has been designed specifically for Bitcoin gamblers so that you can cash out at any time instead of worrying about predatory terms and conditions.

Two thumbs up, I highly recommended CloudBet for both betting and casino gaming.