Cloudbet stands as one of the true pioneers in cryptocurrency gambling, having launched when Bitcoin was still in its infancy. With more than a decade of operations under its belt, this platform combines sports betting, casino gaming, and esports under a unified crypto wallet. Cloudbet has developed a reputation for fast payouts, high limits, and a no-nonsense approach to bonuses. But how does it stack up in today’s competitive crypto gambling landscape? Let’s dive into what makes Cloudbet distinctive in 2025.
Cloudbet’s history and background
Founded in 2013, Cloudbet ranks among the oldest cryptocurrency gambling platforms still operating today. The company is run by Halcyon Super Holdings B.V., based in Willemstad, Curaçao, with payments processed through Solas Technologies Ltd. in Cyprus. This dual corporate structure is fairly common in offshore gambling operations and helps facilitate international payment processing.
Cloudbet holds a license from the Curaçao Gaming Control Board, having migrated to the new OGL regulatory framework in 2023. While Curaçao licensing doesn’t provide the same level of player protection as jurisdictions like the UK or Malta, Cloudbet’s decade-long track record without major incidents lends considerable credibility to their operations.
The platform has secured notable sponsorship deals, becoming the official betting partner of the Professional Fighters League (PFL) and Karate Combat in January 2025. These partnerships suggest a strategic focus on combat sports, which aligns with their sportsbook offerings.
Cloudbet’s Trustpilot banner claims a 4.3/5 rating, indicating generally positive user sentiment, though as with all gambling platforms, individual experiences can vary significantly based on factors like winning patterns and withdrawal amounts.
Game selection and betting options
Cloudbet maintains a competitive game library with approximately 2,500 RNG slots from major providers. While this figure falls short of the 9,000+ titles offered by mega-platforms like Stake or BC.Game, Cloudbet focuses on quality over quantity, with 120+ provably-fair and RNG-tested titles forming the core of their offering.
The live casino section is powered primarily by Evolution Gaming, the industry leader in live dealer experiences. This provides players access to professional dealers across traditional table games and innovative game shows with varying stakes to accommodate different bankrolls.
Cloudbet’s sportsbook covers more than 30 sports with thousands of live events daily. The platform offers high-limit lines that appeal to serious bettors, in-play cash-out functionality, and live streaming for combat sports and esports. This streaming integration is particularly valuable for sports bettors who want to watch events while placing in-play wagers.
The platform maintains a 60/40 split between sportsbook and casino in terms of handle (total amount wagered), according to their annual report. This balanced approach ensures both verticals receive proper development attention, unlike some competitors that clearly prioritize one segment over the other.
Cryptocurrency features and payment processing
Cloudbet shines in its cryptocurrency support, accepting 28-30 different coins including all the major options: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, XRP, Cardano, Solana, USDT, USDC, and others. This diverse selection ensures that virtually any crypto user can find their preferred token supported.
The platform sets extremely low barriers to entry with a minimum on-chain deposit of just 0.0000001 BTC. Withdrawals are processed relatively quickly, ranging from instant approval to 24 hours maximum in most cases. Once approved, cryptocurrency withdrawals typically arrive in wallets within 30 minutes, with many coins like ADA and TRX processing even faster.
One of Cloudbet’s strongest selling points is the absence of maximum withdrawal limits for verified users. While withdrawals exceeding 10 BTC may require additional verification, there’s no hard ceiling that restricts how much players can cash out. This policy particularly appeals to high-rollers who may feel constrained by the withdrawal caps imposed by many competitors.
For users without cryptocurrency, Cloudbet offers fiat on-ramp solutions through MoonPay, allowing deposits via Visa, Mastercard, and Apple Pay. These fiat deposits automatically convert to USDT for use on the platform. However, Cloudbet doesn’t maintain a native fiat cashier, reinforcing its identity as a crypto-first gambling destination.
Bonuses and loyalty program
Cloudbet takes a refreshingly transparent approach to bonuses with its flagship “”no-wager”” welcome offer. New players can claim 100% up to $2,500 (or 5 BTC/USDT), but rather than locking this bonus behind steep wagering requirements, Cloudbet releases it daily based on wagering activity with zero rollover requirements for the released portions.
This system means players can withdraw their released bonus funds immediately without having to bet a multiple of the bonus amount first. Cloudbet also provides 10% rakeback for the first 30 days, giving new users a taste of their loyalty program benefits.
Speaking of loyalty, Cloudbet’s Rewards Club features 8 tiers ranging from Bronze to Blue Diamond. As players climb the ranks, they can access increasingly valuable benefits, with rakeback reaching up to 60% at the highest levels. The level-up rewards throughout this program are substantial, with Cloudbet claiming the total value exceeds $2.5 million.
Cloudbet’s “”Cash Vault”” system for storing and releasing bonuses provides transparency about how players earn rewards, unlike the mysterious “”luck”” components found in some competitors’ programs. The straightforward approach to bonuses—no wagering requirements, clear rakeback percentages—appeals to experienced gamblers who prefer mathematical certainty over flashy but restrictive promotional offers.
Security, fairness, and licensing
Cloudbet operates under a Curaçao Gaming Control Board license (OGL/2023/0911/CLB), which represents a middle-tier regulatory framework in online gambling. While not as stringent as licenses from the UK Gambling Commission or Malta Gaming Authority, Cloudbet has supplemented this baseline regulation with robust internal security measures.
The platform mandates two-factor authentication prompts for sensitive account actions, maintaining stronger login security than many competitors that make 2-FA optional. Cloudbet also runs a bug-bounty program, inviting security researchers to discover and report vulnerabilities for rewards. This proactive approach to security helps explain why Cloudbet has maintained a clean record with no publicly reported wallet breaches since its 2013 launch—a remarkable achievement in the cryptocurrency gambling space.
Game fairness is addressed through provably fair verification for relevant titles, allowing players to mathematically verify that the outcomes weren’t manipulated. Third-party RNG certification provides additional assurance for proprietary and partner games.
When comparing Cloudbet’s security posture to competitors, it’s worth noting that even major platforms like Stake.com have suffered significant security incidents (such as Stake’s $41 million hot-wallet hack in September 2023). Cloudbet’s clean decade-long security record represents a meaningful competitive advantage and indicates strong internal controls.
Geographic restrictions and accessibility
Cloudbet maintains a relatively standard restricted territories list for a crypto casino operating under a Curaçao license. The platform is geo-blocked in the United States and United Kingdom, with strict KYC procedures implemented if access is attempted via VPN.
Several tier-1 European jurisdictions including France, Germany, Spain, Netherlands, and Lithuania are listed among restricted territories. Similarly, Australia, Belgium, and China block access to the platform.
Cloudbet’s strongest markets include Latin America, Africa, and parts of Asia where cryptocurrency adoption is growing but regulated gambling frameworks may be less developed. The Curaçao license technically covers global crypto play in jurisdictions that don’t specifically prohibit offshore gambling, though players should always verify their local laws.
In terms of device accessibility, Cloudbet offers a responsive web interface that adapts to different screen sizes. However, unlike some competitors, Cloudbet doesn’t provide native mobile applications for iOS or Android. Instead, they rely on progressive web app technology, which works well but lacks the integrated feel and notification capabilities of dedicated apps.
User experience and interface
Cloudbet presents a clean, professional interface that prioritizes functionality over flashy animations. The site architecture logically organizes the casino, live dealer, and sportsbook sections, with clear navigation between different product verticals.
The betting interface for sports and esports deserves special mention for its intuitive design. Markets are clearly displayed with competitive odds, and the bet slip functionality makes it easy to build parlays or place single wagers. The integration of live streaming for certain events enhances the in-play betting experience, allowing users to watch and wager simultaneously.
Casino game filtering and organization is straightforward, though not as feature-rich as some dedicated casino platforms. Games load quickly on both desktop and mobile devices, with minimal lag or technical issues reported by users.
Account management tools are comprehensive and accessible, making it easy to track deposits, withdrawals, bonus progress, and wagering history. The platform supports multiple languages to accommodate its international user base.
While Cloudbet doesn’t offer the social features or chat functionality found on some newer crypto casinos, this absence creates a more focused gambling environment that may appeal to serious players who prioritize efficiency over community interaction.
Responsible gambling tools
Cloudbet provides a standard suite of responsible gambling features, though they don’t quite match the comprehensive protections found on platforms licensed by the UK Gambling Commission or similarly strict regulators. Available tools include:
– Deposit limits that allow players to control their spending
– Loss limits to prevent excessive losses
– Time limits to manage session duration
– Session timer pop-ups that appear every 60 minutes
– Time-out options for short breaks from gambling
– Self-exclusion for longer periods
– Withdrawal-lock functionality to prevent impulsive deposits
– Links to external support resources like GamCare
The platform makes 2-FA mandatory, which inadvertently serves as an additional responsible gambling measure by creating a small barrier to impulsive gambling sessions.
Cloudbet’s responsible gambling approach leans toward providing tools for player self-management rather than implementing the proactive intervention systems found on more heavily regulated platforms. This aligns with their general approach of treating users as capable adults while providing necessary safeguards.
Pros and cons of using Cloudbet
Strengths:
– Long-standing brand (since 2013) with zero public wallet breaches
– Unified wallet for casino, sports, and esports betting
– Innovative “”no-wager”” welcome bonus and up to 60% rakeback
– Support for 30+ cryptocurrencies plus MoonPay fiat bridge
– No maximum withdrawal limit for verified users
– High-limit betting options for serious sports bettors
– Mandatory 2-FA security and clean decade-long track record
Weaknesses:
– Curaçao license provides lower consumer protection than MGA/UKGC
– No native mobile application for iOS or Android
– Restricted in many major jurisdictions including US, UK, and parts of Western Europe
– Mixed reports on KYC delays for large withdrawal amounts
– Smaller game library (≈2,500) compared to mega-platforms like BC.Game or Stake
– Limited social features compared to community-focused crypto casinos
Is Cloudbet right for you?
Cloudbet represents an excellent choice for cryptocurrency enthusiasts who value security, straightforward bonuses, and a balanced offering across sports and casino gambling. With a decade of stable operations and no major security incidents, Cloudbet has demonstrated staying power in a volatile industry where platforms regularly come and go.
The platform particularly excels for serious sports bettors who appreciate high limits, competitive odds, and live streaming integration. The absence of maximum withdrawal limits also makes Cloudbet attractive to high-rollers who may find themselves constrained by caps on other platforms.
Cloudbet’s no-wagering bonus approach stands out in an industry often criticized for deceptive promotional terms. This transparency extends to their loyalty program, where the rakeback percentages and benefits are clearly defined rather than shrouded in mystery.
However, players in strictly regulated markets like the United States, United Kingdom, or much of Western Europe will need to look elsewhere due to Cloudbet’s geographic restrictions. Similarly, those who prioritize massive game libraries with 5,000+ titles may find Cloudbet’s selection somewhat limited, though the 2,500 games offered cover most popular categories.
Mobile-first players might be disappointed by the lack of native applications, though Cloudbet’s responsive web design functions well on smartphones and tablets. And while the Curaçao licensing is standard for crypto casinos, it doesn’t provide the strong consumer protections found under UK or EU regulation.
In summary, Cloudbet represents a solid, battle-tested option for cryptocurrency gambling with particular strengths in sports betting, transparent bonuses, and security. For players in regions where it operates legally who value these attributes, Cloudbet deserves serious consideration, especially given its remarkable decade-long clean security record in an industry where hacks and scandals are unfortunately common.