Cloudbet Review – Overview & Verdict
Cloudbet Casino launched back in 2013 – two full years before Bitcasino – making it the oldest Bitcoin casino in our top 10. We score it 8.1/10, placing it 8th on our Canada list. Its 5 BTC first-deposit cap is by far the highest single-deposit bonus ceiling across all 10 casinos we reviewed, and the sportsbook has had over 12 years to mature. The score is held back by a noticeably smaller game library (2,000+ vs. 6,000–7,000 at rivals), KYC requirements, and the absence of Lightning Network withdrawals.
- 5 BTC welcome bonus cap – the highest single-deposit ceiling in our entire top 10 by more than 3× (next highest: 7Bit at 1.5 BTC)
- 13-year operating history – founded 2013, the oldest Bitcoin casino in our rankings; longest publicly verifiable clean record
- Tier-1 sportsbook – 30+ sports, competitive odds, live in-play, and one of the most developed crypto sports betting platforms available
- High withdrawal limits – no capped daily withdrawal amounts for verified accounts; ideal for high-roller BTC players
- Loyalty points on every bet – both casino and sports wagers earn points redeemable for bonus funds
- 30+ cryptocurrencies – broad crypto coverage including BTC, ETH, LTC, USDT, SOL, and more
- Provably fair games – in-house dice and crash with full algorithm transparency
- Smaller casino library – 2,000+ titles vs. 6,000–7,000 at Jackbit and 7Bit; noticeably fewer slot providers
- KYC required earlier – light identity verification triggered at lower thresholds than Metaspins or Bspin
- No Lightning Network – on-chain Bitcoin only; withdrawals slower than Lightning-enabled casinos
- Wagering 30× – applied to bonus + deposit (not bonus only) which changes the real clearing requirement significantly
- No Interac or CAD fiat – crypto-only; Canadian fiat banking options not available
Canadian high-rollers looking for the biggest BTC welcome bonus and a premium sportsbook in one place really need look no further than Cloudbet. No other site in our top 10 has a welcome bonus cap above 5 BTC, and 13 years of operation without a major complaint is a trust signal that speaks for itself. There are downsides – slots players will find three to four times more games at 7Bit or Jackbit. But for serious sports bettors and high-volume casino players, Cloudbet's combination of track record, bonus size, and sportsbook depth is hard to beat.
Welcome Bonus – 100% up to 5 BTC
The Bitcoin deposit cap here is the highest in our top 10. One bit of fine print worth noting: the 30× wagering requirement applies to both your deposit and your bonus combined, which changes the maths significantly compared to most other casinos.
Ongoing Promotions
Sports Reload Bonus
Reload bonuses for sports bettors – the percentage and cap can vary from one promotion period to another. Auto-credited on qualifying deposits. Applies to both new and existing customers depending on the active offer at the time.
Casino Tournaments
Slot races and table game tournaments with BTC prize pools. Free entry. Leaderboard updated in real time. The top 50 finishers receive prizes paid directly to their wallets in BTC.
Loyalty Programme
Earn points on every casino and sports wager, redeemable for bonus BTC at rates that improve as you move up the tiers. Higher levels also unlock personalised reload offers and priority support.
Refer a Friend
Share your referral link and earn bonus BTC for every friend who deposits and plays. Cloudbet is one of the only casinos in our top 10 with an active referral programme – a nice extra for players who bring others to the platform.
BTC Withdrawals – Our Real Test Results
We made 5 Bitcoin withdrawals over 5 weeks, all sent on-chain. The Lightning Network is not yet available. Higher-value withdrawals at Cloudbet are still processed manually by their operations team, which affects timing on larger amounts.
| Test # | Amount | Day / Time | Time to Wallet | Fee | Result |
|---|---|---|---|---|---|
| #1 | 0.01 BTC | Tuesday 14:10 | Fast | 0 (free) | ✅ Pass |
| #2 | 0.05 BTC | Friday 11:30 | Fast | 0 (free) | ✅ Pass |
| #3 | 0.008 BTC | Saturday 19:00 | Fast | 0 (free) | ✅ Pass |
| #4 | 0.5 BTC | Monday 10:05 | Varies | 0 (free) | ✅ Pass |
| #5 | 0.02 BTC | Sunday 16:45 | Fast | 0 (free) | ✅ Pass |
Supported Payment Methods
₿ Crypto-only – no Visa, Mastercard, Interac, or CAD fiat. No Lightning Network – all Bitcoin is on-chain only.
Casino Game Library – 2,000+ Titles
Cloudbet's game library is smaller than Jackbit's or 7Bit's, but a smaller library isn't necessarily a bad thing. Every section is filled with quality titles from established providers, and the live casino offering from Evolution Gaming is genuinely strong.
Slots from Pragmatic Play, NetEnt, Play'n GO, Hacksaw Gaming, Nolimit City, Red Tiger and 20+ other providers. Major jackpot titles included. Not the biggest library, but all the key studios are represented.
Evolution Gaming is the primary live provider, including Lightning Roulette, Crazy Time, and Mega Ball. A strong live casino offering that punches above the weight of the overall library size.
In-house dice, crash, and plinko with full provably fair verification. The hash algorithm and seeds are published before each round. Cloudbet was one of the first major online casinos to offer provably fair games, way back in 2013.
Blackjack, roulette, baccarat, craps, and video poker. RTPs are published for each variant. Demo mode available on all RNG table games. Fewer variants than 7Bit, but the core games are well covered.
Top Games We Tested
Sportsbook – 13 Years of Bitcoin Sports Betting
Cloudbet's sportsbook first launched in 2013 – seven years before most of its competitors. The depth of markets, in-play coverage, and the overall quality of pricing are what set it apart, especially for serious sports bettors who want more than just the basics.
NHL Hockey
Full Canadian NHL coverage – puck line, moneyline, over/under, and live in-play for all regular season and playoff games. One of the best-developed NHL sportsbooks we've tested among crypto platforms.
NFL & CFL
Full NFL action with player props, team totals, and exotics. The CFL is also covered with a full slate of seasonal markets. Spreads here are competitive with mainstream sportsbooks.
NBA & NCAA
Full NBA coverage including player props for points, rebounds, assists, and first scorer markets. NCAA basketball in-season. Live in-play with real-time odds and partial cash-out on selected markets.
Soccer
Over 40 leagues year-round including Premier League, Champions League, La Liga, Bundesliga, Serie A, MLS and more. Markets include Asian handicap, both teams to score, correct score, and first goalscorer. Arguably the deepest soccer book in our top 10.
Tennis & Golf
ATP, WTA, and Grand Slams covered with set betting, game handicap, and live in-play. Major golf events including The Masters, The Open, and PGA Tour. Outright and round leader markets available well in advance of each event.
eSports
CS2, LoL, Dota 2, and Valorant – pre-match and live. Markets include map winner, tournament winner, and player performance. Cloudbet has been covering eSports since 2015, making it one of the longest-running crypto eSports books around.
Security & Licensing
Cloudbet's 13-year operating history is its strongest security credential. Founded in the early days of Bitcoin in 2013, it has weathered every bull and bear market, multiple regulatory changes, and the inevitable crypto industry shocks – without a single documented major dispute or insolvency event.
Curaçao eGaming Licence
Licensed by Curaçao eGaming since 2013 – one of the longest-standing licensees in the crypto casino industry. Operates under Wynbet B.V., a single-brand entity, meaning accountability sits directly with Cloudbet rather than being spread across a wider group.
256-bit SSL / TLS 1.3
Full traffic encryption verified via a valid DigiCert certificate. All financial transactions are encrypted end-to-end. Session tokens are handled correctly. 2FA is available on all accounts via an authenticator app.
Cold Storage Funds
Cloudbet states that the majority of player funds are held in cold wallets – a meaningful differentiator from newer operators who often keep more funds in hot wallets. Cold storage protects against the exchange-style hacks that have hit other platforms. No security breach documented in 13 years of operation.
Independent RNG Audit
Casino games are certified by iTech Labs. Provably fair games can be independently verified on-chain without relying on a third party. RTPs are visible within each game's interface. A clean, 13-year compliance history with no public sanctions or fines on record.
KYC & Anonymity
Only an email address is needed to sign up. You can deposit and play without ID. Smaller withdrawals can be processed without verification. No specific threshold is publicly disclosed for this initial anonymous tier.
Government-issued photo ID and proof of address. The threshold that triggers this depends on your withdrawal history and local regulations, but it's typically required for larger cashouts. Processing usually takes 24–48 hours and is needed to unlock full withdrawal capacity.
Source of funds documentation for very high-volume players. Given the 5 BTC bonus cap and the absence of a withdrawal ceiling on verified accounts, the EDD process here is naturally more thorough than at smaller operators. Required for players moving large BTC volumes.
Is Cloudbet Legal for Canadian Players?
Cloudbet welcomes Canadian players from all provinces under its Curaçao eGaming licence. It operates in Canada's grey market – technically legal for individual players to use, but not yet registered with iGaming Ontario. Read our full Canadian legal guide →
Customer Support – Tested
We contacted Cloudbet's customer support team 7 times across 5 weeks via live chat and email, covering withdrawals, bonus terms and conditions, KYC documentation, and sports betting market settlement.
Live Chat
Available 24/7. Average first response: 5m 30s – slower than Wild.io or Bspin, and can be longer during major sports events. Agents were mostly competent, though one sportsbook settlement query needed two escalations before it was fully resolved.
support@cloudbet.com. Average response time: 8 hours – the slowest email response we recorded across our top 10. Responses were detailed and covered the issues well, but the wait time is a noticeable drawback compared to faster competitors.
Help Centre
One of the most detailed help centres in our top 10, covering both the casino and sportsbook. The KYC process is clearly laid out with expected processing times. Sportsbook rules, settlement policies, and betting terms are all clearly explained.
How to Get Started at Cloudbet – Step by Step
Create Your Account
Click the button below and sign up with your email address. No ID is required at this stage. The whole process takes under 2 minutes, and you'll have instant access to both the casino and the sportsbook from the same account.
Enable 2FA (Recommended)
Cloudbet supports two-factor authentication via Google Authenticator or Authy. Activate it as soon as you've signed up. Given the potential for large account balances – especially with the 5 BTC bonus cap – 2FA is an important security step on this platform.
Make Your First Bitcoin Deposit
Go to Cashier → Deposit → Bitcoin. The minimum deposit is 0.001 BTC. Your 100% welcome bonus up to 5 BTC is applied automatically. The more you deposit, the more bonus you receive – right up to the 5 BTC cap.
Play Casino or Bet on Sports
Both casino wagers and sports bets count toward the 30× (bonus + deposit) rollover requirement. The bonus unlocks in increments as you play – you don't need to clear the full requirement before any funds become available.
Complete KYC Before Large Withdrawals
Smaller withdrawals may go through without ID verification. For larger amounts, complete your KYC (photo ID and proof of address) beforehand to avoid any delays. Once your account is verified, there are no daily or monthly withdrawal limits.
19+ – Gambling involves risk – T&Cs apply – Play Responsibly
Cloudbet FAQ
Yes. Cloudbet has been in operation since 2013 – 13 years without a documented major dispute or security breach, the longest clean track record in our entire top 10. It holds a Curaçao eGaming licence, stores the majority of funds in cold wallets, and supports 2FA. We scored it 8.1/10 in our independent review.
100% match on your first deposit up to 5 BTC – the highest single-deposit cap in our top 10. Wagering is set at 30× the combined bonus + deposit amount. The bonus is released in increments as you wager. Expiry is 180 days from claim – also the longest in our rankings. Sports bets count toward clearing.
In our testing, smaller BTC withdrawals were generally processed quickly, while larger amounts took longer due to manual review. No Lightning Network is available. All 5 of our test withdrawals cleared with zero fees. There is no daily withdrawal cap for verified accounts, which is a major plus for high-roller players.
Smaller withdrawals may go through without ID, but Cloudbet requires standard KYC (photo ID and proof of address) for larger cashouts. There is no fixed public threshold – it depends on the withdrawal amount and your account history. Once verified, there is no withdrawal limit, which makes it a strong choice for high-volume BTC players who are comfortable with verification.
Yes – Cloudbet has one of the most developed sportsbooks in the crypto gambling space, built over 13 years. Coverage includes NHL, NFL, CFL, NBA, MLB, soccer, tennis, golf, eSports, and more. Sports bets count toward bonus wagering, unlike some competitors. The depth of in-play markets and secondary options like player props and exotics is ahead of everything else in our top 10.
The stated 30× sounds low, but it applies to bonus + deposit combined. Deposit 1 BTC, get 1 BTC bonus, and you're clearing 30 × 2 BTC = 60 BTC in total. On a bonus-only basis, that's higher than most competitors. What helps offset it: the 180-day expiry, sports bets count, and the incremental unlock means you're never completely locked out of your funds while you work through the requirements.
Compare Cloudbet With Other Top Casinos
Also offers a combined sportsbook and casino, low KYC for most players, and fast Lightning withdrawals. The better pick if anonymity matters more to you than bonus size.
Read Jackbit Review →7,000+ games compared to Cloudbet's 2,000+. The largest slot library in our top 10. The better fit for casino-only players who have no need for a sportsbook.
Read 7Bit Review →A strong all-round option – among the fastest withdrawals we've tested, 300%/3 BTC bonus, no KYC up to C$3,000/mo. The best fit for most Canadians who stick to casino play.
Read Wild.io Review →