Cloud Bet Sportsbook Overview

Cloudbet is an online sportsbook and casino that operates with cryptocurrencies, primarily Bitcoin. It was established in 2013, making it one of the pioneers in the crypto-gambling industry. Cloudbet is licensed by E-Gambling Montenegro, Curacao eGaming and our local National Lottery Regulatory Commission, well-known licensing authorities in online gambling.

Security is a significant focus for Cloudbet. They use Cold Storage to secure cryptocurrencies, storing digital assets offline to prevent unauthorised access. Additionally, they use Two-Factor Authentication (2FA), an extra layer of security used to ensure that people trying to gain access to an online account are who they say they are.

Cloudbet offers a wide range of betting options, with an extensive sportsbook that includes both pre-match and live betting markets. This broad selection makes it one of the most comprehensive Bitcoin sportsbooks available.

While betting can be fun, it's important to gamble responsibly and ensure it doesn't become a problem. Always check the legality of online gambling in your jurisdiction before participating.

• Cryptocurrency Support: Cloudbet was one of the first sportsbooks to support Bitcoin, and this can be a significant advantage for users who prefer to use cryptocurrency for their betting activities.
• Security: With Cold Storage and Two-Factor Authentication, Cloudbet provides a secure transaction environment, which is crucial in crypto.
• Wide Range of Betting Options: Cloudbet offers a comprehensive sportsbook with both pre-match and live betting markets, providing users with many options.
• Licensed and Regulated: Being licensed by E-Gambling Montenegro and Curacao eGaming, Cloudbet operates under-recognized regulatory bodies, which adds to its credibility.
• Pioneer in the Market: As one of the first Bitcoin sportsbook operators, Cloudbet has a long-standing presence, which might translate into a more refined and reliable service.

• Limited to Cryptocurrencies: While being a pro for some, the fact that Cloudbet operates primarily with cryptocurrencies might be a con for those who prefer traditional currencies. Only some people are familiar or comfortable with using cryptocurrencies.
• Dependent on Crypto Market: The value of cryptocurrencies can be highly volatile. This means the value of your winnings could change rapidly, depending on market conditions. This adds an extra layer of risk to your betting.

Cloudbet is licensed and regulated by several recognised authorities in the online gambling world. It holds licenses from E-Gambling Montenegro and Curacao eGaming, well-known and respected industry licensing bodies.

In addition to these, Cloudbet also operates under a local Nigerian license. The National Lottery Regulatory Commission issues this license under Interactive Gaming Solutions Limited. The license was granted on March 27, 2019, and is valid for five years, expiring on March 26, 2024.

These licenses add to Cloudbet's credibility and indicate that it operates within the legal frameworks set by these authorities. However, it's always essential for users to verify the legality of online gambling within their jurisdiction before participating.

1. Find the "Join" Button: Navigate to the Cloudbet website and locate the "Join" button, typically found in the upper right corner of the webpage.
2. Choose a Registration Method: You can register via social networks like Facebook, Google, and GitHub, or you can choose to use your email address. You must create a password if you choose to register with your email.
3. Confirm Your Email: You'll receive a confirmation email after registering. Click on the link in this email to confirm your account.
4. Complete Your Profile: Once your email is confirmed, you can set your nickname and enter your birth date.

The additional steps required agreeing to terms and conditions, verifying your identity, and setting up security measures like Two-Factor Authentication.

Always ensure you're comfortable with the privacy policies and terms of service before signing up for any online service.

Depositing Funds on Cloud Bet.com

1. Access Your Cabinet: After logging into your Cloudbet account, navigate to your cabinet or dashboard.
2. Click on "Deposit": Locate and click on the "Deposit" option.
3. Choose Deposit Type: You can deposit with cryptocurrencies or cash.

Cryptocurrency Deposit: Cloudbet supports 29 different cryptocurrencies for deposit. These include ADA (Cardano), ALGO (Algorand), AVAX (Avalanche), BCH (Bitcoin Cash), BNB (Binance Coin), BTC (Bitcoin), BUSD (Binance USD), DAI (Dai), DASH (Dash), DOGE (Dogecoin), DOT (Polkadot), EOS (EOS), ETH (Ethereum), FTM (Fantom), stETH (Lido Staked Ether), LINK (Chainlink), LTC (Litecoin), and MATIC (Polygon).

Cash Deposit: If you prefer to deposit cash, Cloudbet supports two payment systems: Vega Wallet and Jeton.

Withdrawing Funds from Cloud Bet.com

1. Access Your Cabinet: After logging into your Cloudbet account, navigate to your cabinet or dashboard.
2. Click on "Deposit": Locate and click on the "Deposit" option.
3. Choose Deposit Type: Deposit with cryptocurrencies or cash.

Withdrawal Methods

• Cryptocurrency Deposit: Cloudbet supports 29 different cryptocurrencies for deposit. These include ADA (Cardano), ALGO (Algorand), AVAX (Avalanche), BCH (Bitcoin Cash), BNB (Binance Coin), BTC (Bitcoin), BUSD (Binance USD), DAI (Dai), DASH (Dash), DOGE (Dogecoin), DOT (Polkadot), EOS (EOS), ETH (Ethereum), FTM (Fantom), stETH (Lido Staked Ether), LINK (Chainlink), LTC (Litecoin), and MATIC (Polygon).
• Cash Deposit: If you prefer to deposit cash, Cloudbet supports two payment systems: Vega Wallet and Jeton.

Cloudbet is a pioneering online sportsbook and casino that primarily operates with cryptocurrencies, with Bitcoin being its primary medium. Established in 2013, Cloudbet was one of the first Bitcoin sportsbook operators in the market. Over the years, it has become one of the most popular betting sites in the crypto space, offering its users a wide range of betting options and casino games.

Security is a significant focus for Cloudbet. They use Cold Storage to secure cryptocurrencies, storing digital assets offline to prevent unauthorised access. Additionally, they use Two-Factor Authentication (2FA), an extra layer of security used to ensure that people trying to gain access to an online account are who they say they are.

Cloudbet offers a comprehensive sportsbook that includes both pre-match and live betting markets, providing users many options. The platform supports deposits and withdrawals in multiple cryptocurrencies, including Bitcoin, Ethereum, etc. Notably, they support the Binance Smart Chain (BNB network) for withdrawals, which typically has lower transaction fees than many other networks.

The registration process on Cloudbet is straightforward and can be done via social networks like Facebook, Google, and GitHub or by using an email address. After confirming the email, users are prompted to set up their nickname and enter their birth date.

In conclusion, Cloudbet is a comprehensive and secure platform for online betting and casino games, offering a wide range of options for users who prefer to operate with cryptocurrencies. As always, users need to gamble responsibly and ensure that online gambling is legal in their jurisdiction before participating.

General Cloud Bet Rules

Eligibility: Users must be of legal age to gamble, and online gambling must be legal in their jurisdiction.

Account Security: Users are responsible for maintaining the security of their accounts, including their login details.

Fair Use: Users must not engage in fraudulent activity and must use the platform fairly and honestly.

Deposits and Withdrawals: The platform will detail its policies for depositing and withdrawing funds, including fees, minimum/maximum amounts, and processing times.

Betting Rules: The platform will outline the rules for placing bets, including how odds are calculated and what happens in the event of a dispute.

Privacy Policy: The platform's privacy policy should be outlined, detailing how user data is collected, stored, and used.

Changes to Terms: The platform usually reserves the right to change the terms and conditions at any time.

Please visit the link https://www.cloudbet.com/en/help/terms of Terms and Conditions. It's essential to fully understand these terms before using any online betting platform.

Cloud Bet on Trustpilot

Cloudbet's customer service and responsiveness are worth noting. On Trustpilot, a popular platform for user reviews, Cloudbet has a 3.4 out of 5 rating based on around 350 reviews.

While this rating indicates a mixed response from users, it's important to highlight that Cloudbet actively engages with its customer base on this platform.

The company often responds to customer complaints in the comments section on Trustpilot, demonstrating its commitment to customer service and satisfaction. This proactive approach to customer feedback can be a positive sign, as it shows that the company is willing to address issues and work towards resolving any problems that its users might encounter.

However, as with any service, potential users should read through these reviews and responses to understand common issues or concerns and how the company handles these situations. This can provide valuable insight into the user experience and help individuals decide if the platform is right for them.

Cloudbet offers a wide range of betting options through its sportsbook. It covers 23 different categories, providing a diverse selection for users with various interests. These categories include traditional sports, virtual sports, and even non-sporting events.

Traditional sports include popular options like football (soccer), basketball, tennis, baseball, and cricket. These sports offer betting options, such as match outcomes, point spreads, over/under totals, and more.

Virtual sports are computer-simulated sporting events where algorithms determine the outcome. These include virtual horse racing, virtual football, and other simulated sports. Virtual sports betting can be an exciting option as these events are usually available to bet on anytime.

In addition to sports, Cloudbet also offers betting on politics. This can include major events like elections, referendums, or other political outcomes. Political betting can be an exciting alternative for users interested in current events and politics.

Cloud Bet Football Betting

Cloudbet's sports betting platform is notable for its comprehensive coverage and diversity. It provides betting opportunities on leagues and tournaments worldwide, encompassing the English Premier League, La Liga, Serie A, and the Champions League, among others.

Punters can place bets on various outcomes, from the results of matches and total goals to player performances and in-play events. The platform's intuitive interface, coupled with detailed statistics, facilitates both novice and seasoned bettors make informed betting decisions.

Cloud Bet Basketball Betting

Betting on basketball with Cloudbet offers an exhilarating experience, highlighting significant leagues such as the NBA, EuroLeague, and numerous national leagues. The platform offers a range of betting options, encompassing point spreads, over/under totals, and bets specific to players.

In addition, Cloudbet provides live betting, enabling bettors to stake their bets as the on-court drama unfolds in real-time. With its extensive coverage and instant updates, Cloudbet delivers a vibrant and engaging basketball betting experience.

Cloud Bet Tennis Betting

Tennis lovers will appreciate the tennis betting platform offered by Cloudbet. It encompasses all major tournaments, including the Grand Slams, ATP, WTA tours, and smaller events globally.

Cloudbet provides many betting options, ranging from match winners and set scores to more niche markets like tie-breaks and individual player performances. A key feature is live betting, which allows bettors to stake on ongoing matches with odds that are updated in real time.

With its comprehensive coverage and intuitive interface, Cloudbet's tennis betting platform stands out as a premier choice for tennis betting.

Cloud Bet Live Betting

Live betting on Cloud Bet is an exhilarating feature that allows bettors to place wagers on events as they unfold in real time. This dynamic form of betting offers a unique thrill as the odds fluctuate based on the ongoing action in the game.

Whether soccer, basketball, tennis, or any other sport, live betting is available across various events. Bettors can make decisions based on the live action, adjusting their strategies as the game progresses.

This feature is complemented by real-time statistics and updates, providing bettors with the necessary information to make informed decisions. Cloud Bet's live betting platform is intuitive and responsive, ensuring a seamless betting experience for all users.

In-play betting on Cloudbet is a thrilling feature that enables bettors to stake on events as they happen in real time. This dynamic mode of betting provides a unique excitement as the odds shift in response to the live action in the game.

Whether it's soccer, basketball, tennis, or any other sport, in-play betting is accessible across various events. Bettors can make decisions based on the live action, modifying their strategies as the game evolves.

This feature is enhanced by real-time statistics and updates, equipping bettors with the necessary information to make informed decisions. Cloudbet's in-play betting platform is user-friendly and responsive, ensuring a smooth betting experience for all users.

Cloudbet has introduced a new feature called "Cash Out" that allows users to lock in profits or limit losses before a bet has settled. This feature is available for selected pre-match and live events and markets and for single bets.

The Cash Out feature can be used in various scenarios. For instance, if you have bet on a team that is leading at halftime but their opponents are making a solid comeback, you can choose to Cash Out and secure your winnings regardless of the second half's outcome. Similarly, if you bet on a player who starts losing after a strong start, you can choose to Cash Out and limit your losses.

Conversely, if your bet isn't going as planned, you can use this feature to recover a part of your stake. This gives you more control over your bets and can help mitigate potential losses. It's important to note that the cash-out amount offered will depend on the live status of your bet and may be more or less than your initial stake.

To perform a Cash Out, navigate to your "My Bets" or “Bet History” page, where you will see Cash Out offers for some positions. You can choose the cash-out offer you’re interested in and pick the amount you want to Cash Out before submitting the selection. Please note that you can only Cash Out from the “Group by event” section of the “Open Bets” tab for now and that Cash Out is not available in the “List by date” section.

However, there are certain conditions for the Cash Out feature:

• For previous bets which have been partially or wholly used for a Cash Out, no cancellation or void will be allowed.
• Cash bets cannot be cancelled or re-adjusted.
• A time delay in accepting a cash-out request is also in place; if a price changes or a market suspends, the Cash Out request may not be successful.
• Bets placed with bonus funds are not eligible for Cash Out.
• Cash Outs is available for selected pre-match and live events and for single bets only. Should the Cash-Out feature be unavailable at any time, bets will stand. Any accidental Cash-accepted bet cannot be changed.

Cloudbet plans to extend the Cash Out feature to other bet types in the future. For any questions, users can contact Cloudbet's Customer Support via Live Chat.

Understanding betting odds is crucial for success in sports betting. At Cloudbet, we aim to make this process as straightforward as possible. Betting odds can be broken down into four main components: what odds represent, how to convert odds to raw chance or probability, how to calculate potential winnings before placing your bet, and understanding the margin implied by the odds - essentially the bookmaker's edge or the cost of placing a bet.

Let's consider a hypothetical tennis match between Alexander Zverev and Roger Federer. By analyzing their head-to-head stats, we can calculate the probability of each player winning. These probabilities can then be converted into decimal odds.

When calculating potential profits from decimal odds, it's important to remember that the return includes your original stake. For example, if you bet 0.1 BTC on Zverev at odds of 2.50 and he wins, your return would be 0.25 BTC. This includes your original stake of 0.1 BTC and a profit of 0.15 BTC.

At Cloudbet, they boast of offering competitive odds. Betting odds generally contain a margin of just 2%, significantly lower than the industry average of around 10%. This lower margin means you could potentially enjoy an 8% better return compared to other bookmakers.

Virtual sports have become increasingly popular in the betting world, and Cloudbet offers a variety of virtual sports betting options. These computer-simulated events are available to bet on anytime, providing continuous betting opportunities. Here are some of the virtual sports available on Cloudbet:

• Virtual Football Asian Cup: This is a simulated football tournament featuring teams from the Asian continent. You can bet on match outcomes, goal totals, and other markets.
• Virtual Football Champions: This virtual football competition features top teams worldwide. It offers a variety of betting options, similar to real-world football betting.
• Virtual Baseball In-Play: This is a simulated baseball game where you can place bets while the game is in progress. The in-play feature allows for dynamic betting as the game unfolds.
• Virtual Cricket In-Play: This virtual cricket game also offers in-play betting, allowing you to place bets based on the ongoing action in the game.
• Virtual Football League Mode: This is a simulated football league where you can bet on the outcomes of a series of matches, just like in a real-world football league.
• Virtual Football World Cup: This is a virtual version of the World Cup, one of the most significant events in football. You can bet on match outcomes, tournament winners, and more.
• Virtual NBA: This is a simulated basketball league based on the NBA. It offers a variety of betting options, including match outcomes, point totals, and player performances.
• Virtual Tennis In-Play: This virtual tennis game offers in-play betting, allowing you to place bets based on the ongoing action in the match.

Cloudbet's casino section offers various games for users who enjoy traditional casino gaming. The platform provides a diverse selection of games that cater to different tastes and preferences. Here's a brief overview of the categories available:

Baccarat: A classic card game where you can bet on the player, the banker, or a tie. It's a game of chance that requires no skill, making it a popular choice for many casino players.

Virtual Blackjack: Also known as twenty-one, blackjack is a card game that aims to beat the dealer's hand without exceeding 21. Cloudbet's virtual blackjack offers a digital experience that replicates the thrill of the traditional game.

Jackpot Slots: These are slot games with a progressive jackpot that grows each time the game is played and the jackpot is not won. The potential for big wins makes these games particularly exciting.

Roulette: A classic casino game where players bet on where a ball will land on a spinning wheel. Cloudbet offers several roulette variations, including American, European, and French roulette.

Slots: Cloudbet offers various slot games, each with unique themes and features. These games are easy to play and offer a range of betting options.

Table Games: This category includes various classic casino games such as poker, blackjack, roulette, and baccarat. These games offer a traditional casino experience and often involve more strategy than slots or lottery games.

Cloudbet's casino section not only offers a wide variety of games but also provides transparency by displaying the Return to Player (RTP) percentage for each game. The RTP is a term used by online casinos to describe the percentage of all the wagered money a slot machine or game will pay back to players over time.

This feature makes it convenient for users to understand the potential payout of each game. For instance, a game with an RTP of 96% means that, on average, it will return 96% of all wagered money to players in the form of winnings.

This transparency allows users to decide which games to play based on their potential returns. Whether you're playing Baccarat, Virtual Blackjack, Jackpot Slots, Roulette, Slots, or Table Games, you'll have a clear understanding of the game's payout structure.

As always, while casino gaming can be a fun activity, it's important to gamble responsibly and ensure that online gambling is legal in your jurisdiction before participating.

Although Cloudbet does not currently provide a dedicated mobile app for Android or iOS users, those using these devices are not left behind. Cloudbet's website is designed with a highly responsive mobile version that can be accessed through any browser, including Google Chrome for Android users and Safari for iOS users.

This ensures that both Android and iOS users enjoy a seamless and efficient betting experience on their devices, akin to using a dedicated app. Open your preferred browser, navigate to the Cloudbet website, and you're ready to start placing your bets. The mobile website is optimised for user-friendliness, speed, and convenience, offering all the features and functionalities of the leading site.