Cloudbet

Cloudbet was one of the very first Bitcoin sportsbooks, launching in 2013. It established a reputation for high betting limits and secure cold storage of customer funds. The platform allows users to bet on sports and play casino games using Bitcoin, Ethereum, USDT, and other stablecoins.

Cloudbet focuses on a premium experience, offering massive liquidity for high rollers (whales). Their sportsbook is comprehensive, and they were early pioneers in offering live esports betting. It is a legitimate, veteran operator in the crypto space that has maintained a clean track record for over a decade.

Frequently Asked Questions

1. Is Cloudbet safe?

Yes, Cloudbet stores the majority of customer funds in offline cold storage wallets, protecting them from online hacks. They have been operating since 2013 without a major security incident, which is a strong testament to their reliability.

2. specific betting limits?

Cloudbet is famous for its high limits, allowing players to bet up to 100 BTC on major events like the NBA Finals or World Cup. This makes it the preferred sportsbook for high-net-worth crypto holders.

3. What is the welcome bonus?

Cloudbet offers a massive 100% matched deposit bonus up to 5 BTC. The bonus is released in increments (e.g., 0.001 BTC) for every 150 loyalty points you earn by playing games, rather than being given upfront with a wagering requirement.

4. Can I bet on esports?

Yes, Cloudbet has a dedicated esports section with markets for CS:GO, Dota 2, League of Legends, and FIFA. They often offer live streaming and in-play betting for these matches.

5. Is KYC required?

Cloudbet generally allows for anonymous betting but reserves the right to request KYC documents if they suspect fraud or for very large withdrawals. It is less strict than fiat casinos but not as anonymous as a DeFi protocol.