Cloudbet

1. At a Glance

• Name: Cloudbet
• Launched: 2013, the oldest continuously operated major crypto casino and sportsbook
• License: Curacao eGaming, Master Licence 1668/JAZ issued by Antillephone N.V.
• Currencies: Crypto-only - no fiat accepted. Supported coins: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), XRP, Solana (SOL), BNB, USD Coin (USDC)
• KYC: Soft - most withdrawals processed without identity documents, though enhanced checks may apply for large sums or suspicious activity
• Welcome offer: Up to $2,500 in cash rewards via 10% rakeback on net losses, zero wagering requirements
• Payout speed: Fastest typical rail ~2 minutes via Solana (network estimate); other coins vary
• Game portfolio: Thousands of slots, table games, live dealer titles and in-house provably fair games, alongside a deep sportsbook and esports betting
• Restricted jurisdictions: United States, United Kingdom, Australia, France, Netherlands, Spain, Germany, Russia, China, Singapore and others; full list maintained in the operator’s terms
• Affiliate scheme: 30% lifetime revenue share; negative carryover applies
• Key features: Provably fair verification, 24/7 live chat, no-deposit fees, integrated loyalty rewards programme

2. Welcome Bonus and Ongoing Promotions

Cloudbet’s headline welcome offer departs sharply from the industry standard. Instead of a traditional match deposit that ties you into onerous rollover, the casino pitches what it calls “Cash Rewards”: up to $2,500 in real, withdrawable money earned as 10% rakeback on your net losses. This bonus carries absolutely no wagering requirement.

Here is how it works. A new player registers an account and opts in through the rewards dashboard (no specific bonus code is required, but you must activate the promotion). Over the first 30 days, Cloudbet automatically tracks every wager you place across the casino, live casino and sportsbook. At the end of each weekly settlement period, the operator calculates your net loss - total amount wagered minus total wins - and credits 10% of that figure directly to your cash balance, up to a cumulative cap of $2,500 in total rewards across the entire 30-day window. The cashback is paid in the same cryptocurrency used for play and can be withdrawn instantly or used for further betting, entirely at your discretion.

Because there is no playthrough obligation, you are not required to bet the bonus amount any number of times before cashing out. This fundamentally changes the risk dynamic. If you lose $1,000 over a weekend, you wake up to $100 in real funds on Monday morning, with no strings attached. The only condition is that you opt in before placing any qualifying wagers. Reading the full terms confirms that both winning and losing sessions contribute to the net loss calculation, but only net losing periods trigger a reward; if you are net positive over a week, no cashback is awarded for that week, although you can still reach the $2,500 cap in subsequent losing weeks.

While the “up to $2,500” headline can sound modest compared to gaudy 5 BTC match bonuses, the zero-wagering structure makes it genuinely valuable. It rewards play volume and softens losing streaks without locking your capital. That said, high rollers might feel the $2,500 ceiling is restrictive, and recreational players who deposit small amounts may never see the higher end of the reward tier. The promotion is best suited to regular bettors who want a straightforward safety net.

Beyond the welcome offer, Cloudbet maintains a rolling promotions calendar that tends to shift frequently. Recurring types include:

• Slot tournaments and leaderboard races - usually tied to specific studio releases, with prize pools denominated in crypto.
• Free spins drops - occasionally offered to players who have made a recent deposit, often with minimal wagering (for example 5x or 10x).
• Sportsbook free bets and acca boosts - such as enhanced odds on certain leagues, or a free bet token if your multi-leg accumulator loses by a single selection.
• Loyalty rewards (Cloudbet Rewards) - an integrated points system that tracks every bet (casino or sports) and awards redeemable points. These can be exchanged for bonus funds, free bets or merchandise for higher-tier members. The programme has multiple tiers, with the rate of point accrual and exchange improving as you climb. Exact thresholds and rates are displayed inside the rewards lobby, though the opaque structure means you have to visit the page to see your current level and benefits.
• Refer-a-friend - a small bonus for bringing in new players, terms variable.

It is worth noting that Cloudbet does not run a constant suite of reload deposit bonuses in the style of many fiat casinos. The cashback model acts as the backbone of player retention, meaning deposit-match reloads are rare. Players who enjoy periodic matches may find the ongoing rewards lighter than expected, but those who value immediate cash over locked bonuses will appreciate the approach.

All promotions are subject to the operator’s general T&Cs, which stipulate that only one bonus can be active at a time unless explicitly stated. Payouts from free spins or tournament prizes are cash with no further wagering in most cases, but always check the individual promotion rules. The KYC policy also states that Cloudbet reserves the right to request verification before releasing bonus-derived winnings if it suspects bonus abuse or irregular play patterns. In practice, low-stakes casual players rarely face such requests.

3. Payments and Withdrawals

Cloudbet positions itself as a pure crypto destination. It does not accept fiat currency of any kind, nor does it facilitate buying crypto on its platform. You must already have a funded wallet with one of the ten supported coins.

Accepted deposit and withdrawal coins: Bitcoin (BTC), Ethereum (ETH), Tether (USDT on ERC-20 and possibly TRC-20; always verify the latest network options in the cashier), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), XRP, Solana (SOL), Binance Coin (BNB) and USD Coin (USDC). The casino generates a unique deposit address for each asset and monitors the blockchain for confirmations. There are no fees charged by Cloudbet on either end; you only cover the relevant network mining or gas fees.

Deposits are typically credited after a coin-specific number of confirmations: 1 for BTC, LTC, BCH and DOGE; 12 for ETH and ERC-20 tokens; 1 for XRP, SOL and BNB. In practice, a Bitcoin transaction can show as “pending” for 10-30 minutes before the balance updates, while Solana and XRP deposits land in seconds. You can view the required confirmations and network status directly within the deposit dialogue, which updates in real time.

Withdrawals are designed to be automatic and fast. Once you submit a withdrawal request, the platform processes it without manual intervention under normal circumstances. Cloudbet publishes a network-based estimate for the fastest rail: for Solana, typical payout speed is approximately 2 minutes from the time

Ready to play at Cloudbet?

If our review matches your needs, claim the welcome bonus below. Always set deposit limits before your first deposit; every reputable crypto casino supports them in the settings menu.

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This review is updated on a 30-day cycle (see methodology). Last full re-check: 5 June 2026. Spot an error? Email corrections@.