The bookmaker Cloudbet was founded in 2013. The company operates under licenses from Curacao and Montenegro. The company holding the license in Montenegro is TIGER TREE HOLDINGS. The cloudbet.com website operates in 20 languages.
The company calls itself the most convenient resource for bitcoin betting but supports a very limited set of cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum and stablecoin Tether. Many “”regular”” bookmakers that accept cryptocurrencies process transactions of 20 or more tokens. Cloudbet does not accept fiat currencies at all.
On the homepage, the operator also promises its customers a fixed margin of 2%. At the very first e-football match, which we checked, it was more than 10% (odds 2.95, 4, 1.95). The margin for top Premier League matches is around 3.7%.
In addition to football, Cloudbet accepts bets on tennis, American football, basketball, MMA, virtual simulations and eSports.
Sometimes there are no video broadcasts on the site even when the operator offers to put in Live mode in a competition in a simulator, for example, cyber football or cyber basketball.
Cloudbet offers a stunning bonus for new players – doubling the deposit up to 5 BTC (that’s almost $ 160,000), but wagering is tied to a loyalty points system with an opaque settlement system. The promotion rules state that the operator does not provide services to players from the USA, UK, Hong Kong and Singapore, and they cannot claim this offer.
The company also advertises zero-margin sports betting on select events. But not all users receive such coefficients – the rules of the promotion say that the operator chooses 1000 people – so it will not be possible to verify this statement.
The site has a short notice about Responsible Gaming: “We want you to have fun, but it’s also important for us that you gamble responsibly.”
Line and odds
The line is displayed in European and Asian formats. The rest of the line of BC Cloudbet is no different from the lines of competitors. It is difficult to recruit two dozen categories in it, which is not as many as the opponents have, but it is acceptable given the “age” of the office.
Popular sports in the Cloudbet line are well represented. We will also call the painting of these events sound. Top matches of European football championships are offered in the area of one hundred markets, and among the offers of traditional markets you can find something original.
The odds are above the market average. The section with live bets is implemented efficiently and conveniently: on the left – events, in the center of the page – the choice of the type of bet. But in terms of the number of events, Live Sports is inferior to similar sections in other offices.
Cryptocurrency deposit options
Players can make deposits in the following cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Chainlink (LINK), Paxos (PAX), Paxos Gold (PAXG), Tezer (USDT), USD Coin (USDC) and Dai (DAI). None of these cryptocurrencies require additional deposit fees. Although the maximum withdrawal amount is not limited, there is a certain limitation on the minimum deposit. In fact, you need to deposit at least 0.0001 BTC / 0.0001 BCH / 0.0001 ETH / 1 USDC / 1 PAX / 1 DAI / 0.001 PAXG / 1 LINK / 1 USDT in order to receive the CloudBet bonus. More information on Cloudbet minimum bet you can find on official site.