Cloudbet Casino Review

Cloudbet is one of the oldest and best-known Bitcoin casinos. It was launched in 2013, several years after Bitcoins were first developed and a year before the launch of the hugely popular Bitstarz, which is considered to be one of the biggest and best in the industry.

…one of the oldest and best-known Bitcoin casinos

Unlike other casinos that accept multiple different currencies and cryptocurrencies, Cloudbet sticks with Bitcoin. It is the only currency used on the site and the only way to get money into and out of your Cloudbet account. If you don’t use Bitcoins and have no intention of doing so, this is not the online casino for you. But let’s be honest, this is a Bitcoin casino review site—most of you will be very familiar with this payment method by now and should be more than happy to use it.

Cloudbet is fully audited and guaranteed to be safe and fair. The site can be accessed in a selection of common languages (including English, Chinese, Korean, Russian, and Turkish) and it has an impressive and professional customer support team behind it. You can contact these support experts by Live Chat to get the help you need.

In this Cloudbet review, we’ll look at the best features of this cryptocurrency casino, covering its many games, its generous bonuses, and everything else that it has to offer.

Bonuses

All new Cloudbet players can get 5 BTCs when they join this casino and make their first deposit. This bonus comes in the form of a Matched Deposit, which means that your deposit will be “matched” with a number of bonus credits up to a maximum of 5 BTCs.

Unlike a traditional Welcome Bonus, which releases the money all at once, Cloudbet’s bonus releases them at a steady rate of 0.01 BTC per 800 points earned. This may sound like a step back when compared to traditional bonuses but it’s pretty much the same bonus structured in a different way.

A traditional bonus, for instance, would require players to meet wagering requirements once the money has been released. They could be tasked with wagering 50 BTCs just to unlock a bonus of 1 BTC. With Cloudbet’s bonus, the process is essentially flipped, with players unlocking the bonus first and then getting complete access to it once it is released.

This bonus has a minimum deposit of 0.01 BTC, which means all players can find their level and earn some credits.

Cloudbet also has a very generous loyalty program. Every time you take a spin of a slot machine or play a table game, you will earn loyalty points. When you get enough points, you can swap them for cash, tickets, free plays, and rewards. It’s these loyalty points that players need to collect in order to unlock their 5 BTC Welcome Bonus. The Cloudbet loyalty scheme also increases table game limits, giving high rollers access to higher bets.

Highlights

• Mobile-Friendly Casino with Support for Many Devices
• Only Accepts Payments in Bitcoin
• Very Fast Withdrawals for All Players
• No Withdrawal Limits (at all!)
• A Varied Selection of Great Games from Top Developers
• Very Generous Bonuses
• One of the Best BTC Online Casinos we have Reviewed

All new Cloudbet players can get 5 BTCs when they join this casino and make their first deposit. That’s a huge sum of money when you consider that a single Bitcoin is worth more than €25,000 at the time of writing and is climbing all of the time. In fact, it makes sites like Rabona Sportsbook and Casino look pretty tame by comparison and make Cloudbet one of the best options for high rollers.

This bonus comes in the form of a Matched Deposit, which means that your deposit will be “matched” with a number of bonus credits up to a maximum of 5 BTCs.

Unlike a traditional Welcome Bonus, which releases the money all at once, Cloudbet’s bonus releases them at a steady rate of 0.01 BTC per 800 points earned. This may sound like a step back when compared to traditional bonuses but it’s pretty much the same bonus structured in a different way.

A traditional bonus, for instance, would require players to meet wagering requirements once the money has been released. They could be tasked with wagering 50 BTCs just to unlock a bonus of 1 BTC. With Cloudbet’s bonus, the process is essentially flipped, with players unlocking the bonus first and then getting complete access to it once it is released.

This bonus has a minimum deposit of 0.01 BTC, which means all players can find their level and earn some credits.

Cloudbet also has a very generous loyalty program. Every time you take a spin of a slot machine or play a table game, you will earn loyalty points. When you get enough points, you can swap them for cash, tickets, free plays, and rewards. It’s these loyalty points that players need to collect in order to unlock their 5 BTC Welcome Bonus. The Cloudbet loyalty scheme also increases table game limits, giving high rollers access to higher bets.

This may not sound like the perfect for small stake players, as that bonus is a little out of reach. In such cases, you may be better off with Cadoola Casino and other sites that focus on smaller Matched Deposit offers and traditional currencies. 

If you are a higher roller, this is definitely the website for you. Not only are the bonuses geared more toward high stake players, but the limits are also much more favourable.

Games and Software

All Cloudbet games can be accessed on mobile and desktop, with instant play supported on both. Providing you have a good connection and a popular web browser, you can join Cloudbet regardless of your device or platform. First and foremost, Cloudbet is a Microgaming casino. This is the brand responsible for some of the world’s best progressive jackpot slots and the creator of games like Thunderstruck, Avalon, Football Star, Mega Moolah, and countless others.

In addition to this historic and popular developer, Cloudbet also has games from Betsoft, one of the most graphically advanced and innovative creators in the iGaming sector. If you have ever played games like Slotfather, It Came from Venus, and Jekyll and Hyde, you will have seen just how jaw-droppingly beautiful and stunningly creative Betsoft’s games are.

We have spoken extensively about Betsoft in the past and have praised this developer for its brilliant 3D graphics and its devotion to creating innovative titles. Max Quest: Wrath of Ra is a great example of that, as it completely removes all game reels and swaps them for a shoot-em-up style theme, creating something that looks more like a mobile game than a traditional slot machine.

This innovation didn’t really pay off, because while the game did secure numerous awards for Betsoft, it wasn’t hugely popular and was eventually pulled from most casinos. But the Betsoft team are still creating top titles and we’re always excited to see what new games they have to offer.

Cloudbet also has a Live Casino, with all games provided by Evolution Gaming. While Microgaming is the king of the real money slot and of standard casino games, Evolution Gaming is the king of Live Casino games.

This brand and its tireless team of developers has created some of the most noteworthy Live Casino games in recent history, helped by the addition of licenses from major board games and game shows (including both Deal or No Deal and Monopoly). It also has a plethora of classic card games, wheel games, and dice games, all of which are available at Cloudbet.

Payment Methods

As noted already, Cloudbet is a Bitcoin-only casino. You cannot use any other method to deposit or withdraw, and why would you want to? Let’s be honest, you wouldn’t be here reading this Cloudbet review if you weren’t a big fan of Bitcoins and cryptocurrency gambling in general. Bitcoins are fast, secure, and anonymous. It is the perfect payment method for online casino players who value security and speed.

Cloudbet does have a pending period, which is the amount of time that the casino sits on a withdrawal before initiating it, but this period lasts for less than 12 hours on average. This means that you should receive your winnings in your Bitcoin wallet within hours of pressing “Confirm”.

You may be required to submit a photo ID and other verification data before you make a withdrawal. This can be frustrating as a player, especially if you’re expecting your money in a few hours and are forced to delay that time by a few days, but it’s standard practice. Furthermore, Cloudbet expedites this process and its support team is on hand to help if you encounter an issue.

Limits and Licenses

It has been claimed in other Cloudbet reviews that this site has a withdrawal limit in place. It certainly wouldn’t be an unusual addition as it is common on many online casinos (albeit less so on cryptocurrency casinos). However, there is no mention of such a limit in the site’s terms and conditions and we have also received confirmation from the site themselves.

We can confirm, once and for all, that there is no withdrawal limit on Cloudbet. Usually, we would preface this with a note that you might face limitations on specific transactions and payment methods, but that should not be the case with Bitcoins.

We can’t express just how rare it is to find an online casino that doesn’t have a withdrawal limit. Even sites like SlotsHeaven, which is owned by one of the biggest casino brands in the world, has a withdrawal limit in place. Some of the best casinos that we have come across have been ruined by disappointingly low withdrawal limits so it’s great that Cloudbet doesn’t have one.

The lack of a withdrawal limit, combined with fast withdrawals, doesn’t mean you can deposit and withdraw huge amounts at will and without requiring any additional steps. As is the case with all reputable online casinos, you will need to verify your identity using a photo ID. Casinos do this to prevent money laundering and underage gambling and it is a legal requirement with many regulators.

If you have any issues during the verification process, simply contact Cloudbet customer support via Live Chat. The support team is very helpful and professional and via Live Chat, you can often get the help you need in just a few minutes. This applies regardless of where you are in the world and what time you’re contacting them.

Cloudbet is licensed in Curacao, which means its services can be provided to players in countries all over the world. The only exception is for countries that have their own strict regulators, such as the United Kingdom and Sweden. Cloudbet is also restricted in the United States, where all forms of online gambling are highly restricted, and it can’t be accessed in Italy, Spain, Switzerland, Singapore or Hong Kong.

FAQs

Conclusion

Cloudbet might not have the variety seen on casinos like BitStarz but if Bitcoin is the only payment method that you care about and you want a casino with big bonuses, varied games, and top-drawer customer support, you can’t go much wrong.

Cloudbet was one of the first casinos that we reviewed here at Coinbuzz and since we first posted this review, we have reviewed hundreds of other online casinos. Roughly 90 to 95% of those have withdrawal limits and many of them limit players to withdrawals of just €3,000 to €5,000 a month. A larger number don’t have VIP schemes, either, and some of them have very substandard customer support, a limited selection of games, and a few other faults.

Once you take all of those things into consideration, you realize just how great Cloudbet is and how much it has to offer modern BTC casino players. It truly is a fantastic online casino and one that we would recommend to all players seeking a new full-time gaming destination.

Sign up to Cloudbet today, collect your new player Welcome Bonus, and see what all the fuss is about.