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Cloudbet Bonus - Welcome Bonus + Free Bets

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cloudbet logo4.3/5

Cloudbet ⛔️ does not accept players from United States of America

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Welcome Bonus Up to 1,000$

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CloudBet is one of the leading crypto-based sportsbooks and a pioneer in the iGaming sector. Owned by Halcyon Super Holdings BV, This sportsbook has been around for over a decade (since 2013) and has made a name for itself as a legitimate betting site and one of the few that only supports cryptocurrency payments.

CloudBet also standsout because of its several sports, betting markets, and impressive coverage. The CloudBet casino bonus and sportsbook bonuses are also quite enticing. For this reason, this review will primarily focus on CloudBet sportsbook bonuses.

What We Like
  • Multiple betting markets with focus on eSports

  • Generous signup offer

  • A loyalty program with six tiers

  • No deposit limits

  • Multiple cryptocurrencies

What We Don't Like
  • No mobile app

  • Unclear bonus terms and conditions

Cloudbet Sports Bonus

Overall Rating

4.3/5
Bonus Offers & Free Bets4.2/5
Usability, Look & Feel4.5/5
Payment Methods3.9/5
License & Security4.6/5
Rewards & Loyalty Program3.6/5

Details

Withdraw:1-5 Days
Win Rate:94.95%

Evaluation:

4.3

License:

Curacao eGaming

Bonus:

5₿

Available languages:

EN flagEN
FR flagFR
DE flagDE
IT flagIT
JA flagJA
ES flagES
Payment Methods
Payment Provider:Deposit/min/max:Deposit Time:Withdrawal time:Safety:

bitcoin

At least 0.0001€Instant24.00High

ethereum

At least 10.00€Instant24.00High

tether

At least 10.00€Instant24.00High
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logo

Welcome Package

Welcome Bonus Up to 5₿

Aaron Jones
Last Updated 21 October 2024

Cloudbet Welcome Offer

Betting Bonus
Cloudbet logo4.3/5
Welcome Bonus Up to 5₿

The CloudBet welcome betting bonus is the first offer you will come across when you create an account on the site. Therefore, this sportsbook goes above and beyond to make its welcome offer enticing. CloudBet sportsbook offers a generous 100% matched deposit bonus. The maximum bonus amount is up to 5 BTC, which is quite a large sum of money if you convert it. There is no minimum deposit requirement at this betting site. This means that you can deposit any amount up to 5 BTC and the betting site will instantly match the value 100%. If you want to unlock your winnings, you have to wager through both the initial deposit and the matched bonus.

All you need to do to get this sports welcome bonus is create an account with CloudBet sportsbook, verify it via email, and make an initial deposit. Interestingly, this site does not provide any information on turnover requirements for the welcome bonus. This fact gives Cloudbet very high welcome bonus points in the eyes of potential bettors considering the sportsbook.

Excellent!

4.3/5

Better than 85% of all operators tested

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Lowest Bonus

50

Cloudbet logo

5₿

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Highest Bonus

1,400

Calculate Bonus

Deposit

Bonus

5

Value

10

You need to wager 10 before you can withdraw!

Turnover:1 x Bonus and Deposit
Min. Deposit:₿0.001
Withdrawal:-
Payment Methods:
bitcoin
ethereum
bitcoincash
tether

How to claim the Cloudbet Sign Up Offer

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You can follow the steps below to claim the sign up offer at CloudBet sportsbook:

  • Step 1: Visit CloudBet.com and register an account by filling the registration form that pops up after clicking 'register'
  • Step 2: Open your email and click the verification link
  • Step 3: Go to the cashier page at the CloudBet and choose a payment method (cryptocurrency)
  • Step 4: Make an initial deposit of as little as 0.0001 BTC ($10)
  • Step 5: No Cloudbet bonus code is required to claim the bonus - the site will automatically match your deposit up to 5 BTC and you can start playing through the bonus immediately after receiving it

Free Bets at Cloudbet

A free bet is a credit given to customers at an online betting site or sportsbook that allows them to place bets without incurring any inherent risks. Free bets at CloudBet are given in the form of free cash. However, you cannot withdraw the money. You are only allowed to spend the money on placing bets. So, even the welcome bonus at this site counts as a free bet. You can use the money to place as many bets as possible depending on the amount you receive.

Cloudbet No Deposit Bonus

No deposit bonuses are quite rare. A no deposit bonus allows players to place bets and explore the games at the site without making a deposit. This type of bonus aims at attracting new players by allowing them to familiarize with the site while standing a chance to win real money from the site without incurring any inherent risk.

Unfortunately, CloudBet does not offer a sportsbook no deposit bonus at the moment. The entire welcome bonus is based on making a deposit. However, you can keep checking the bonus page at CloudBet for any updates regarding this type of bonus in the future.

Cloudbet Bonus Program for Existing Players

New customers are covered at CloudBet thanks to the generous welcome bonus. However, CloudBet sportsbook does not stop here when it comes to betting promotions and betting bonuses. Existing customers also get to enjoy some lucrative promotions. There’s a six-tier loyalty program at CloudBet that provides players with exclusive perks and bonuses like better odds, exclusive promotions, priority customer support, and more. Let us look at some bonuses at CloudBet sportsbook for existing customers.

Betting Bonus
Cloudbet logo4.3/5
Welcome Bonus Up to 5₿

Risk Free Bets

A risk free bet is an offer that gives customers at a sportsbook a chance to place a wager and get a refund if it loses. So, the condition attached to this offer is that a bet must settle at a loss before this bonus is activated. Most of the time, sportsbooks do not give out this bonus in real cash that you can withdraw. Instead, the funds are given as free bets. When you claim a risk free bet and the bet settles as a win, you get to keep the winnings you make. All you’ll need to do is ensure that you meet the rollover requirements.

At the moment, there is no mention of risk free bets at CloudBet. However, you can keep an eye out at the promotions section in case such an offer is introduced in the future.

Friend Referral Bonuses

A referral bonus is normally given to bettors who invite their friends to register and place bets with an online sportsbook. A sportsbook referral bonus usually takes on one of two forms. The betting site will either give you a fixed bonus amount for the referral, or a bonus based on a percentage of your friend's first deposit.

Unfortunately, this sportsbook does not have an active referral bonus at the moment. However, there are other bonuses and promotions for existing customers.

Price and Bet Boosts - Enhanced Odds

Cloudbet's frequent enhanced odds promotions provide users with the opportunity to place bets at significantly higher odds on select events, offering increased potential returns compared to standard odds. These promotions are made to motivate customers to place wagers on unpopular selections. The point of such offers is to make specific markets more attractive to players.

By taking advantage of enhanced odds, bettors can maximize their winnings on successful bets, making Cloudbet an appealing choice for those looking to boost their potential earnings. Additionally, these promotions are regularly updated, ensuring that users have ongoing opportunities to benefit from better value bets.

Cashback/Rakeback

When you place real money bets on Cloudbet, you earn 5-30% Rakeback. A portion of this Rakeback is credited directly to your wallet, while the rest is scheduled for future unlocking, visible on your calendar. You must claim these unlocked rewards within 12 hours, and they unlock daily at 00:00, 08:00, and 16:00 UTC. Cloudbet sends reminders, but it’s important to log in and claim your rewards on time.

Rakeback is earned whether you win or lose, with additional rewards available through Daily, Weekly, and Monthly bonuses, along with the TURBO feature, which boosts your Rakeback temporarily after claiming a reward. The goal is to maximize the cash players receive while adding excitement through timed incentives.

Cloudbet VIP Program for the sportsbook

CloudBet sportsbook has a six-tier loyalty program and the highest level can be looked at as the VIP level. The loyalty program at CloudBet features Bronze, Silver, Gold, Emerald, Sapphire, and Ruby levels. The higher you climb on the loyalty program, the better the perks and exclusive promotions you receive. You climb up these levels by placing real money bets and playing crypto casino games at CloudBet.

Some of the perks of the loyalty club at CloudBet include cashbacks, price boosts, better sports rollover requirements, priority customer service, and account management.

Cloudbet Bonus Terms & Conditions

CloudBet offers have terms and conditions attached to them. Note that the rules aren’t the same across all bonuses. However, below are some general ones that apply to all CloudBet bonuses and promotions:

  • You must have a registered account to claim bonuses
  • Your account must be verified
  • You must make a qualifying deposit to claim the bonuses at CloudBet
  • Bonuses have rollover requirements attached to them

Bonus Deposit Limits

This is the minimum amount of money you have to deposit if you want to claim the offers on this site. At CloudBet, there are no bonus deposit limits but it is impossible to deposit less than 0.0001 BTC, which is equivalent to $10. However, you can deposit whatever amount you want, and the bookmaker will match the amount in BTC.

Min/Max Bonus Odds

This sportsbook also does not mention any maximum or minimum bonus odds in the terms and conditions for existing bonuses. This is a problem since the bonus terms and conditions are quite lacking.

Wagering Conditions & Requirements

The wagering or rollover requirement is the number of times you’ll need to wager the offer so that you can withdraw it. Something that is concerning about CloudBet is the fact that there are no wagering requirements mentioned regarding the bonuses, including the welcome bonus.

So, it is unclear if the site has simply failed to mention these conditions or they actually do not exist. If the latter is the case, then customers would be very lucky as they can withdraw their bonus and winnings at any time. We doubt that this is the case.

Bonus Expiration Period

This refers to the amount of time you have to play though the bonus. When the bonus expires you will lose your bonus and associated winnings. At CloudBet, there is no mention of a bonus expiration date. So, it is safe to assume that you have an unlimited amount of time to spend your bonus and make the most of it.

Cloudbet Sports Mobile App & Promotions

CloudBet does not have a dedicated sportsbook mobile app. As such, mobile app promotions and bonuses also do not exist. However, the official website does have a fully mobile-compatible mobile design. This means that mobile players can play via this site and claim any of the bonuses that exist for desktop players.

Payment Methods excluded from Cloudbet´s Bonus Program

bitcoin
ethereum
tether

A unique feature of CloudBet sportsbook is the fact that this is an exclusively crypto-based platform. This means that you can only make payments in cryptocurrencies. This site does support several types of cryptocurrencies. However, the good thing is that none of the cryptocurrencies is excluded from the CloudBet bonus program. Therefore, you can use any of the methods below to make deposits at CloudBet without missing out on the bonuses:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Tether, and more

Creating Your Cloudbet Sports Bonus Account

Creating a CloudBet account is quite simple and takes only a few minutes. The steps below explain the entire process.

  • Step 1: Visit the CloudBet website via your browser on your phone or desktop
  • Step 2: Click on the 'register' icon
  • Step 3: Choose between registering with your social media account or your email. If you choose the first option, the sportsbook will use the information from your account to set up your profile. If you choose the email option, proceed with the steps below.
  • Step 4: Provide the information requested in the registration form
  • Step 5: Navigate to the deposit page, choose a cryptocurrency, and make a deposit
  • Step 5: Pick your bonus and start playing

Keep in mind that you will need a crypto wallet before you can make a deposit. The wallet will depend on the type of cryptocurrency you decide to use.

Cloudbet Bonus FAQ

🚌 Can I transfer my sports bonus money to another account?

No, CloudBet does not allow you to use bonuses among different accounts. In fact, there is no procedure that you can follow to do this. Even attempting to do so may cause the sportsbook to ban your account. Instead, the site offers all players equal chances to claim bonuses and participate in promotions.

💳 Can I withdraw my bonus funds?

Yes, Cloudbet allows players to cash out their bonuses. Just keep in mind that you’ll have to meet some conditions before withdrawing the offers. For instance, if the terms indicate that the bonus has a wagering target attached to it, you’ll have to meet it before you withdraw your bonus.

❓ Why was my bet not contributing to the completion of the wagering requirements?

The answer to this can easily be found in the bonus terms and conditions. For instance, if your bet does not meet the requirements explained in the terms and conditions, like the min bet odd or amount, then you will not benefit from it when it comes to completing wagering requirements. So, the key is reading and understanding the wagering requirements.

💸 I made my first deposit, but I did not receive my sportsbook bonus, why?

This may have a lot to do with the deposit you made. You have to make a 'qualifying' deposit. This refers to the amount of money you deposit and the method you use to make the deposit. For instance, if the min deposit amount is set at $10, making a smaller deposit will hinder you from receiving the bonus.

Also, if the site has excluded some payment methods from the bonus program, then using such a method may also have the above effect. The good news is that, at the moment, none of the payment options is excluded from the CloudBet bonus program.

🆓 How can I claim my free bet?

You can do this by creating and verifying an account with CloudBet, making a qualifying deposit, and claiming the bonus. Also, the more you play at CloudBet, the more chances you have at receiving free bets at the site.

🎁 Can I get a refund on my bonus bet?

No, the moment you place a bet with your bonus funds, you cannot reverse the action. While there is a cash out option, it does not count as a refund for your bonus bet. So, you ought to be careful before placing a bet with your bonus funds.

🪓 Will I be able to split the amount for my bonus bet?

Yes, Cloudbet lets players use the bonuses to place multiple bets. You should just make sure the bets meet the qualifying requirements. However, you cannot use your CloudBet sportsbook bonus money in the casino section.

⚽ When does Cloudbet sports settle my bonus bet?

CloudBet settles your bonus bet when the actual bet settles. However, even if your bet settles at a win, you will not be able to withdraw your money until you meet all the withdrawal conditions explained in the terms and conditions.

🏐 Why can’t I withdraw my promo bet winnings?

Cloudbet won’t let you withdraw your promo bet winnings if you haven’t met the rollover requirements. Also, it may be because you have not met the withdrawal limits or exceeded them. Technical errors may also prevent you from making the withdrawal.

💶 How long does it take to cash out any sports bonus winnings?

Since the only payment methods accepted at CloudBet are cryptocurrencies, you get to enjoy fast withdrawals. With cryptocurrencies, you can cash out your winnings within 24 hours. It may even be a couple of hours, depending on the type of cryptocurrency you choose and how much you want to cash out.

Cloudbet Bonus Overview

CloudBet is a fantastic betting site that has existed for about a decade. The site has an enticing welcome bonus of 100% up to 5 BTC. This is among the most generous bonuses you’ll ever find in online casinos, especially if you consider the conversion rate for Bitcoin.

There are also bonuses for existing customers like reloads and free bets. The site also has a loyalty program that features six tiers. The offers and perks of the loyalty program get better as you climb up the tiers. However, the terms and conditions of the bonuses are not transparent.

Aaron Jones
Aaron Jones
Editor
Last Updated 21 October 2024

Aaron Jones is an experienced chief editor for multiple acclaimed sports betting websites and magazines. His enthusiasm for sports, coupled with his proficiency in sports betting, has enabled him to forge a remarkable career within the sector.

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