Cloudbet Welcome Offer
The CloudBet welcome 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.
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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: |     |
How to claim the Cloudbet Sign Up Offer
You can follow the steps below to claim the sign up offer at CloudBet sports:
- 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. With these offers, a sportsbook 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 the promotions and 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.
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 on lost bets
A cashback offer is when a sportsbook provides a refund of the money lost when bets settle at losses over a specific period. Most of the time the sites cover loses over a specific period like a week or a month, instead of a day. The bonus is usually a percentage of the money you lost. The money is also commonly given in the form of site credit. This means that you can use it to place more bets without risking your real money. However, usually you cannot cash the money out, though this depends on the sportsbook. As of the writing of this article, there is no mention of a cashback offer on lost bets at CloudBet.
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
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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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