Cloudbet review – Crypto Casino| Bitcoin Betting
Pros
Positive aspects of the game- Incredible promotions, specifically at sign up (up to 5 BTC)
- Accepts a vast range of cryptocurrencies and coins
- Offers both sports betting and casino games
- Free deposits and withdrawals
Cons
The disadvantages we highlight- Geo-blocked in some of the regions
Established in 2013, Cloudbet was in between the very first platforms in the market that offered bitcoin betting. It has been at the top of the Bitcoin gambling business since then, and it now owns the titles of leader in the world in Bitcoin casino and bitcoin sports betting.
What is cloudbet?
It is a platform that operates online for casino games and sport betting with bitcoin transactions. For using Cloudbet, you just need to sign up at cloudbet and that you can make within minutes, do your deposits and then start placing bets. Also, you can enjoy immediate withdrawal anytime you want. Overall, the platform contains everything you wish from betting and casinos that use bitcoin. Cloudbet now makes an impact in the community within 8 years of its establishment.
What do they offer?
Cloudbet offers an extensive range of games in categories including eSport, Sport, live casino, Arcade and casino.
Sport:
By clicking on the “Sport” in the dashboard of your account, you will be directed to the sportsbook where you can choose the game you want to bet on. There are a lot of options available on the left side of the screen for you to choose. You can also see the in-play games that give an idea which game is being played on at the moment. You can bet on every game that is being displayed on the screen such as baseball, boxing, basketball, floorball, golf, American football, bandy, handball, ice hockey, darts, cricket, futsal, soccer, snooker, tennis, rugby and MMA. among all these games the popular ones are:
- Soccer
- Tennis
- Baseball
- MMA
- basketball
eSport:
It is an organized, competitive video gaming. The competitors from various teams or leagues compete for the same games which are popular with in-home gamers. With this platform, You may bet on games like adding the 5 esports on the left-hand side, ranging from Call of Duty to League of Legends.
Casino:
Cloudbet offers many casino games such as Roulette, Table Games, Jackpot Slots, Blackjack, Poker, and Baccarat. It has both contemporary and classic variants of the above-given games. It also has some live casino games.
Arcade:
Betting on an arcade would be a casino and arcade combination. While arcade casino games are mainly focused on skilled player games. Some arcade games are as following:
What payment methods are accepted?
As cloudbet is a crypto-based casino, it offers numerous crypto options for you to fund your account. You can use the following cryptocurrencies for depositing:
- Dash
- Dogecoin (Doge)
- Tether (USDT)
- Chainlink (Link)
- Paxos (PAX)
- USD Coin (USDC)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Dai
- Paxos Gold (PAXG)
However, in some areas, you may not be able to use a credit/debit card for depositing.
Is CloudBet Safe?
Cloudbet ensures that your funds remain safe and for that purpose, it receives deposits in cold storage for bitcoin cash and bitcoin. The keys to that cold storage are kept offline and away from any online threat. The platform also guarantees to keep your deposits safe. It also holds an online hot wallet that can process enough funds and withdrawals each day. It allows a secure and quick withdrawal process that you will appreciate.
Cloudbet being the leader of bitcoin gambling sites, has to maintain its integrity because people trust this platform. It has a commitment to provide the best in the market. Be it the games or security. It is also focused on offering an easy and enjoyable betting experience in both bitcoin cash and bitcoin.
Fees and costs:
Cloudbet doesn’t charge any deposit and withdrawal fees. Transactions are made with currencies platform support. The transactions are clear and are recorded on a blockchain, which means there would be a record of every problem that can occur, adding protection to your funds. Although there are no charges on deposits and withdrawals, sending your transactions with blockchain will charge you network fees, with Ethereum and bitcoin being more costly because of network congestion. Apart from network fees, third-party exchanges linked to cloudbet will charge their own fee for asset exchange.
Crypto transfers:
Crypto transfers are immediate to Cloudbet for both withdrawing and depositing. It is better if you buy cryptocurrency from a well-trusted crypto exchange before making any deposit as it can charge you extra charges for crypto exchange to a platform.
Cloudbet regulation:
Cloudbet is owned and managed by Halcyon Super Holdings BV (Abraham Mendez Chumaceiro Boulevard 50, Curaçao). It is regulated and licensed by Curacao under the license 1668/JAZ. Few payments are operated by a totally owned subsidiary named technologies (25 Voukourestiou Street, 3045 Limassol, Cyprus).
Welcome bonus:
Cloudbet offers a welcome bonus to attract customers. When you make an account at cloudbet you can enjoy a deposit bonus of 100% and up to a massive 5 BTC/ETH/DASH/BCH/ LTC/PAXG, 1000 USDT/DAI/PAX/USDC, 100 LINK or 10000 DOGE. The requirement of this bonus is making a deposit of at least 0.01 BTC.
Cloudbet Alternatives
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Conclusion:
Cloudbet is an advanced online betting and gambling platform that enables its users to place a bet in cryptocurrencies and a facility of remaining unknown while doing so. It is a well-regulated platform and the first of its type among online platforms. It was founded in 2013 and licensed through E-gambling Montenegro. The welcome bonus is also an attractive feature if you are searching for online casinos or sports betting.
