Cloudbet has operated since 2013, making it one of the oldest continuously running Bitcoin casino and sportsbook platforms. Its age gives it an established track record that newer crypto casinos cannot match, and its sportsbook has long been a core feature rather than an afterthought. The welcome bonus headline (100% up to 5 BTC) is attractive but the 40× wagering requirement is high — evaluate the real value carefully.
Cloudbet at a glance
| Best for |
Players who want an established, long-running crypto casino + sportsbook. |
| Main catch |
40× wagering on deposit + bonus is high; max cashout cap may apply. Confirm current terms. |
| Advertised offer |
100% up to 5 BTC on first deposit. Confirm current terms before opting in. |
| Wagering |
40× on deposit + bonus is typical. This means 80× your deposit before bonus winnings are withdrawable. |
| Minimum deposit |
0.001 BTC or equivalent; confirm current threshold in cashier. |
| Typical payout timing |
BTC and major crypto: varies by network and internal review; typically hours for standard amounts. |
| Operator |
CloudBet B.V. |
| Licence |
Curaçao Gaming Authority |
Games: casino and sportsbook
Cloudbet’s sportsbook is its historical differentiator — broad prematch and in-play coverage across football, basketball, tennis, and esports, all denominated in crypto. For players who want to move between casino play and sports betting without separate accounts or wallets, this remains a practical advantage.
The casino section covers slots from major providers, live casino tables (Evolution among others), and a smaller selection of table games. Cloudbet does not operate proprietary crash games or provably fair Originals — it is a traditional-format casino with crypto payment rails rather than a crypto-native game experience.
Bonus terms and wagering
Cloudbet’s welcome bonus of 100% up to 5 BTC headlines well. The critical detail is the wagering: 40× on deposit + bonus combined. If you deposit 1 BTC and receive 1 BTC bonus, the total wagering requirement is 40× × 2 BTC = 80 BTC that must be staked before any bonus-derived winnings become withdrawable.
At a €5 max bet (typical during bonus active) and 400 spins/hour, clearing 80 BTC would take an extremely large number of sessions. In practice, most players either lose the bonus during clearing or cannot clear it at all. Treat the 5 BTC headline as the cap, not the expected value. The loyalty program and VIP rakeback structure are typically better long-term value for regular players. See our crypto casino bonus rules guide.
Withdrawals, KYC and coin support
Cloudbet supports BTC, ETH, USDT, LTC, BCH, DOGE, XRP, ADA, SOL, and other cryptocurrencies. Withdrawal processing is typical of automated crypto platforms — fast for verified accounts on standard amounts, with manual review for larger sums. See our crypto withdrawal speed guide for the approval vs. settlement breakdown.
KYC: identity verification applies at withdrawal thresholds. For our casino KYC guide, see what documents to prepare in advance.
Licence and location eligibility
Operator: CloudBet B.V. Licence: Curaçao Gaming Authority. As a Curaçao-licensed operator, Cloudbet operates under lighter regulation than MGA or UKGC platforms — external dispute resolution is limited. See our crypto casino risks guide for what this means in practice. Cloudbet restricts certain jurisdictions; always check the current blocked-location list before registering.
Pros and cons
Pros
- Operating since 2013 — one of the oldest Bitcoin casino/sportsbook platforms.
- Integrated sportsbook with broad market coverage in crypto.
- Broad cryptocurrency support (BTC, ETH, USDT, ADA, SOL and more).
- Established track record and payment history.
Cons
- 40× (deposit + bonus) wagering is very high — headline bonus value is misleading.
- Curaçao licence: lighter regulation, limited external dispute resolution.
- No provably fair originals — traditional casino format only.
Verdict
Cloudbet’s longevity and sportsbook integration are its genuine differentiators. The welcome bonus headline is hard to clear due to the 40× (deposit + bonus) wagering — evaluate it honestly against alternatives. For established-operator reliability in crypto gambling, Cloudbet is a reasonable comparison point.
Responsible gambling and crypto-risk warning
Crypto gambling carries price volatility risk on top of standard gambling variance. No casino generates reliable income. Set a budget before playing, use deposit limits where available, and seek help if play becomes a problem. 18+ only.
Frequently asked questions
How long has Cloudbet been operating?
Since 2013, making it one of the oldest Bitcoin casino and sportsbook operators. This gives it a payment track record that newer crypto casinos cannot match.
Is Cloudbet’s 5 BTC welcome bonus genuinely valuable?
The 5 BTC cap is the maximum possible bonus, not a realistic expected value. The 40× wagering on deposit + bonus makes it one of the harder offers to clear in the market. For most players, the ongoing VIP and rakeback structure is better long-run value than focusing on the welcome offer.
Related crypto guides
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