Cloudbet.com Review

 
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Cloudbet.com Review
100% up to 5BTC
CloudBet

Are Cloudbet Sky High?

First opening its doors in November 2013, Cloudbet.com continues to be one of the largest Bitcoin sportsbook/casinos in the market, currently. They offer a wide variety of casino games, both live and through software, and one of the largest sportsbooks, on the market. Cloudbet also boasts some of the highest limits for sports wagering, with limits reaching as high as 50BTC, depending on a few factors. Aside from the games and sportsbook, what really sets cloudbet.com apart from others, is a mobile platform that you can both wager on sports and play casino games on. Cloudbet continues to roll out features for players and has always been on the forefront when it comes to providing players with a very large selection of choices.

Casino Games

Live Dealer

Cloudbet offers a wide variety of casino style games, both with software, and with live dealer. They have two different live dealer casinos, each having blackjack, baccarat, and roulette. The minimum bet in the live dealer casino, begins at 10mBTC and ranges all the way to 5 full Bitcoins. The only downside to the live dealer casino, is the availability, at times. With traffic, at Cloudbet, being as high as it is at times, the tables that they do provide tend to fill up very quickly. Generally though, this doesn’t happen but for a few hours each day. Overall though, adding the live dealer portion to their site makes Cloudbet one of the top places that players can be trust to play at.

Software

Cloudbet also offers games through software, as well. As one would probably guess, there are a vast selection of games through software than through the live dealer. They provide various slot games, as well as popular table games and different variations of those table games. They also have included over 25 different variations of video poker. As if these games weren’t enough, they have also included a section labeled “soft games”, which provide players games such as Keno and Virtual Horse Racing. (If you have never tried virtual horse racing, we suggest you try it at least once. You might very well lose, like we did, but it is one of the more enjoyable ways to wager with Bitcoin!) Even though some of the cards lag when you are being dealt some table games (we suggest you use Chrome when playing), for the most part it is only slightly noticeable. Overall though, with the selection the Cloudbet provides, it is one of the largest choices of games in the industry.

Sportsbook

Although Cloudbet provides a great casino service, what they always have hung their hat on, is their sportsbook, and they very well should. To say that they have a large sportsbook, would be a VERY LARGE understatement. The selections that they provide are truly at the top of the Bitcoin sportsbook industry. Players truly have to experience the Sportsbook and compare it to others, just to realize how far ahead cloudbet is when it comes to providing selection and quantity of games. They provide most every sport a player can think of, and even some sports, that players have never even heard of. When we compared the lines throughout the top Bitcoin sportsbooks, Cloudbet did have some prices that were a little higher than other books. That being said, while other books had a slightly better value for main lines, such as the game’s spread and total, they did not have the selection that Cloudbet did. From first-half lines, to individual team totals, and even which side would get the first yellow/red card, the selection is so vast, that it blows away most every other sportsbook. If that wasn’t enough, they also provide teasers and parlays, up to seven teams. Available to players is also the ability to bet in-game, with live betting. We found this to truly be one of the more remarkable and comprehensive sportsbooks, not only within the bitcoin community, but with the online gaming community, in general. If players can’t find what they’re looking for when it comes to placing a wager on a particular game or part of the game at Cloudbet, they will probably have a hard time finding it anywhere else.

Banking

When it comes to the banking portion of Cloudbet, they offer instant 0 confirmation deposits as soon as it hits the blockchain, with the according transaction hash. Withdrawals take three confirmations of each deposit, a player deposits, but when they are all cleared, the withdrawal of funds is usually instant. While they do ask for up to 24 hours to process withdrawals, it is usually quite instant, unless it is a large withdrawal and not enough funds are in their hot wallet.

Bonuses Offered

Cloudbet does offer a deposit bonus of 100%, up to 5BTC. While this does sound very enticing to players, we found that it is very hard to even get a small portion of the bonus. They require you to achieve 800 loyalty points to release .01BTC into your main account. This is the chart they provide when determining how many loyalty points you get for each wager:

“Reward points are generated every time you place a bitcoin bet.

The amount of points you are awarded will vary depending on your stake size and price. The higher the stake size and price, the more loyalty points you’ll earn. Reward points are calculated using the following formula:
Sportsbook:
Loyalty points = stake (in mBTC) x price score (up to 1)
The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1. 
Casino:
Loyalty points = stake (in mBTC) x game score
The game score varies depending on the game you play. Slot games earn the most points, blackjack earns the lowest points. 
For example, Live Roulette earns 0.216 points, European Blackjack earns 0.049 points, and The Slotfather earns 0.345 points.”

After doing some calculations, we found it rather difficult and costly to even have .01 released. For instance it takes over 2BTC worth of wagering within the slot games, just to release .01BTC. While this bonus may look appealing from the outside looking in, we tend to believe it is just a way to get more customers depositing, as it would be extremely difficult for the average player to get their full bonus.

Site Details

Website URL: www.cloudbet.com
Software: Betsoft, Vivo, and Ezugi. Custom built mobile interface
Languages: English
Min Bet: 1mBTC
Max Bet: 5BTC
License(s): DBA CB Holdings Limited
Established: 2013
Compatibility: PC/MAC/Mobile

Cloudbet.com Review Features

Bitcoin Casino

  • 3D slots games
  • 25 variations of video poker
  • Virtual Horse Racing

Poker

  • No

Sportsbook

  • HUGE range of markets
  • Competitive odds
  • Asian handicap markets

Dice

  • No

Lotto

  • No

Live Dealer

  • Yes, roulette, black jack and baccarat offered

Customer Support

Customer support at Cloudbet is above average for the amount of traffic that they get, but  definitely could be improved in some aspects. While most of our emails were responded to within a two hour time frame, a couple of our emails didn’t get responded to for about 10 to 12 hours. They quote that they will get back within 24 hours, but by today’s standards, that is below average to say the least. Granted we do realize that some time frames are busier than others, but 10 to 12 hours for a response is highly disappointing. However, when we did get a response, the representative that handled our query was very professional and polite and resolved the matter, quickly. While time frames are an important part of customer support, players tend to value the actual support itself, which Cloudbet ultimately succeeds at.

Fair Gaming

Cloudbet uses a couple of different software applications when it comes to their casinos. Cloudbet uses both Vivo and Betsoft, which are two of online gaming’s most notable software applications. Each using RNG, or Random Number Generation, they both provide a security to players knowing that the game is indeed fair. While most Bitcoin casinos use the Provably Fair system, large casinos such as CloudBet, use software to further handle increased traffic. Of course with live dealer portion of Cloudbet, players are secure knowing that they are seeing the game being played out in real time. When it comes to fair gaming, players can feel secure playing at Cloudbet.

Conclusion/Ratings

When players are looking for a comprehensive Bitcoin gambling site, Cloudbet is near the top of their selections. With a full featured casino and a sportsbook that features hundreds of selections daily, in numerous sports, Cloudbet is one of the industry leaders when it comes to providing the selections that come with a gambling experience. Although their lack of an achievable deposit bonus is one downside, along with some betting lines that are a few cents overpriced, we believe it shouldn’t keep players away from playing at a site that provides what it does. Cloudbet impresses with the selection they provide and going forward, we believe Cloudbet is here to stay for a very long time.

Bonuses Available

Name 100% up to 5BTC
Bonus 800 loyalty points must be achieved for every .01BTC to be released.
Code Not needed