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Cloudbet Review

By PokieGallery Editorial TeamUpdated 16 October 20265 min read
Summary

Cloudbet is one of the longest-running crypto casinos, launched in 2013. It combines a large casino with a full sportsbook in one account, accepts more than 25 cryptocurrencies and is known for its rewards system built on rakeback. New players can earn up to $2,500 in welcome rewards over their first 30 days, paid as cash rewards rather than a traditional matched bonus.

Cloudbet at a Glance

Launched
2013
Operator
Halcyon Super Holdings B.V.
Licence
Curaçao Gaming Authority
Offer
Up to $2,500 in Welcome Rewards
Games
Thousands of pokies, live dealer tables and Cloudbet Originals
Payments
25+ cryptocurrencies, including BTC (with Lightning), ETH, USDT, LTC and SOL
Crypto withdrawals
Most processed instantly once approved
Also offers
Full sportsbook and esports betting
Mobile
Browser-based, no download needed
Support
24/7 live chat and email

Our Verdict

Cloudbet is a mature, feature-rich crypto casino and sportsbook. Its standout points are a rewards system that pays rakeback as real cash, a wide coin range including Bitcoin Lightning, a solid library of pokies and live games and a strong sportsbook. It suits players who want a long-established brand and ongoing value rather than a single large bonus. The main thing to know is that the welcome rewards are earned gradually through play, rather than paid upfront.

Play Now at Cloudbet

Welcome Rewards

Cloudbet's welcome offer works differently from a standard deposit match. After your first deposit, you can earn up to $2,500 in cash rewards over your first 30 days. The rewards are made up of:

  • Welcome rakeback: a share of the house edge on your casino bets returned to you, with part paid straight to your wallet and part released through a rewards calendar
  • Daily cash drops: extra rewards based on your play
  • Cash Vault: an additional reward unlocked at the end of the welcome period

Rewards are paid as cash rather than bonus funds, so they do not carry a traditional wagering multiplier. Reward calendar instalments must be claimed within their claim window, and general account terms still apply. No promo code is needed. Always check the current terms on the Cloudbet site.

Claim Welcome Rewards at Cloudbet

Games

Pokies

Cloudbet offers thousands of pokies from more than 75 studios, including Pragmatic Play, Play'n GO, NetEnt, Red Tiger, Hacksaw Gaming and Nolimit City. The available games can vary by country.

Cloudbet Originals

Cloudbet Originals are in-house games such as Plinko, Mines, Dice, Limbo and Keno, along with versions of classic table games. Many are provably fair, so players can verify each result.

Live Casino

The live casino includes a large selection of blackjack, roulette, baccarat and game show tables from studios such as Evolution, Ezugi and Pragmatic Play Live.

Sportsbook

Cloudbet's sportsbook covers more than 35 sports and esports, with pre-match and live betting. It offers features such as Zero Margin Odds on selected major events and is known for catering to high-stakes bettors. The sportsbook and casino share one wallet, and sports turnover counts towards your VIP progress.

Cloudbet Rewards and VIP

After the welcome period, Cloudbet Rewards continues with:

  • Rakeback: an ongoing share of the house edge on casino play, with higher rates at top VIP tiers
  • TURBO boosts: short windows when rakeback rates are temporarily increased
  • Level-up rewards: paid as you move up through VIP levels, from Bronze to Blue Diamond
  • Cash drops: extra rewards based on activity

Rewards are paid in cash without wagering requirements. Cloudbet also offers VIP status transfers for players with high status at other casinos.

Payments

Cloudbet accepts more than 25 cryptocurrencies across multiple networks, including Bitcoin, Ethereum, Tether, USD Coin, Litecoin, Solana, Dogecoin, XRP and BNB. Bitcoin Lightning is supported for very fast transfers. Selected fiat deposit options are available through third-party providers.

Most crypto withdrawals are processed instantly once approved, although some can take up to 24 hours. Unverified accounts have deposit and withdrawal caps, which are removed once you complete identity verification.

Mobile Play

Cloudbet does not have a native app, but its mobile site works well in browsers on iOS and Android, and you can add a shortcut to your home screen. Only use the official website, as any app-store listing claiming to be Cloudbet should be treated with caution.

Licence and Security

Cloudbet is operated by Halcyon Super Holdings B.V. and licensed by the Curaçao Gaming Authority. Its Originals use a provably fair system, and third-party games use certified random number generators. See Slot RNG Explained.

Cloudbet sets its own list of restricted countries, including Australia, so check that the site is available where you live before you sign up.

Pros and Cons

Pros

  • Long-running brand, active since 2013
  • Welcome rewards paid as cash, without a wagering multiplier
  • Ongoing rakeback and VIP rewards
  • 25+ cryptocurrencies, including Bitcoin Lightning
  • Strong sportsbook in the same account

Cons

  • Welcome rewards are earned gradually, not paid upfront
  • Sports bets do not earn rakeback
  • Game availability can vary by country
  • No native app

Compare Cloudbet With Other Casinos

Win Spirit 100% + 200% up to A$2,000 + 100 Free SpinsTwo-deposit welcome package. Min. deposit A$30, 40x wagering on bonus funds. Win Spirit Review Play Now
FortuneJack Up to 500% Welcome Bonus + 15 Bonus RoundsMulti-stage welcome package with wagering conditions. FortuneJack Review Play Now
Cloudbet Up to $2,500 in Welcome RewardsActivity-based rewards over 30 days, subject to eligibility and conditions. Cloudbet Review Play Now
BC.Game Up to $500 + 100 Free SpinsPublished new-user offer with deposit requirements and wagering conditions. BC.Game Review Play Now
BitStarz 180 Welcome Free SpinsWelcome offer with qualifying deposit and wagering requirements. BitStarz Review Play Now
Stake VIP Rewards + RakebackActivity-based rewards, including VIP bonuses and rakeback. Stake Review Play Now
Roobet Rewards + Exclusive PromotionsRotating promotions and activity-based rewards, subject to eligibility. Roobet Review Play Now

See all our casino reviews for full comparisons.

Playing Responsibly

Rakeback and cash drops return only a small share of what you bet, so they never make up for losses. Set a budget and time limit before you play, and use the account tools to set limits. Our guides on setting gambling limits and recognising gambling harm explain practical steps, and Gambling Help Online offers free, confidential support 24/7 on 1800 858 858.

Related Pages

Casino Reviews Stake Review FortuneJack Review

Frequently Asked Questions

What is the Cloudbet welcome offer?

New players can earn up to $2,500 in cash rewards over their first 30 days, through welcome rakeback, daily cash drops and a Cash Vault reward.

Does the Cloudbet welcome offer have wagering requirements?

The rewards are paid as cash rather than bonus funds, so they do not carry a traditional wagering multiplier. General account terms still apply.

What is Cloudbet rakeback?

Rakeback returns a share of the house edge on your casino bets to you as cash. Rates increase at higher VIP tiers.

Does Cloudbet accept Bitcoin Lightning?

Yes. Cloudbet supports Bitcoin Lightning, along with more than 25 other cryptocurrencies.

Is Cloudbet licensed?

Yes. Cloudbet is operated by Halcyon Super Holdings B.V. and licensed by the Curaçao Gaming Authority.