CloudBet Sportsbook Review
CloudBet Sportsbook is currently one of the most impressive options for Bitcoin sports bettors. Established in just November 2013, the crypto-bookmaker has impressed bettors and industry experts alike. Few sportsbooks, even in regulated fiat-based markets can compete with the package that CloudBet offers. The sportsbook has clearly put a lot of time and money into their product. In addition to their sportsbook, they offer a full Vegas style online casino and a selection of live dealer games.
CloudBet is easily the most advanced Bitcoin sportsbook that I have reviewed. Everything about their site screams authenticity, something that other layouts at Bitcoin sportsbooks may lack. The site looks just as polished as some of the world’s top online bookmakers. Sites like William Hill, and Pinnacle have a similar professional interface.
While they are just over six months into their operation, their top shelf product makes them a lot easier to trust. They have also proven to be a reliable option for bettors in their short history. Support is active at Bitcoin Talk Forums and other sites. I have dealt with their support team several times, and their professionalism is unmatched in the Bitcoin sports betting community.
One drawback of CloudBet is that it probably the least anonymous Bitcoin sportsbook around. They require an email for every new account sign-up and on top of that, require a confirmation via email before bettors can deposit.
Betting Limits and Odds
The sportsbook also excels in this arena. CloudBet easily offers the highest betting limits among Bitcoin sportsbooks. Some major markets, such as the NFL, Champions League, and English Premier League can be wagered up to 50 BTC. This maximum bet amount is by far the largest I have seen at any Bitcoin sportsbook. In comparison, some Bitcoin bookmakers only allow a maximum bet of 2.0 for their larger markets. At the same time, smaller bettors are not left out. The minimum amount per wager is 0.001 BTC.
Not every market will have a 50 BTC max wager; with less popular ones having much lower limits. However, even with the higher betting limit, CloudBet offers competitive odds almost across the board. Top prices can usually be found close to game time.
Established year: 2013
Wagering limits: High
Cashout times: Instant
Other crypto currencies accepted: Litecoin
PROS VS. CONS
Highest betting limits of any Bitcoin sportsbook
Fast cashouts - withdrawals are processed instantly
Offer more betting markets than most other books
Biggest deposit bonus in the BTC sports betting world
Large selection of live betting options
Need email address for new accounts
No teaser bets offered on US sports
While some Bitcoin based sportsbooks are focusing on unregulated sports betting markets like the United States, it is clear that CloudBet is focused on all markets. The amount of betting markets and bet types they offer may be among the best online. They certainly dwarf any other Bitcoin sportsbook and are comparable to US-facing giant 5Dimes Sportsbook or the revered Pinnacle Sports.
All four American sports are extensively covered, including a long list of props and futures for the NFL, NBA, MLB and NHL. College sports get close to the same treatment. Basketball and Soccer markets are perhaps the most impressive. They not only have betting options for the Euroleague but have rarely offered Asian markets, such as the China’s CBA and the Philippines’ PBA. Soccer wise, it is every domestic league across Europe and South and North America, along with a large list of Asian competitions as well. Of course, Cup finals from across the world are available for betting, along with leading international competitions.
Those above markets are just the tip of the iceberg. CloudBet has a variety of betting options on nearly every sport in the world. This includes Aussie Rules, bandy, volleyball, boxing, cricket, curling, cycling, darts, field hockey, mixed martial arts, floorball, futsal, handball, golf, rugby, snooker, tennis, swimming, and more. They also offer politics and entertainment betting, along with other seasonal sporting events, such as the Olympics.
The only negative aspect of CloudBet’s betting menu is their lack of betting options. While there is no doubt they offer more sports than any other Bitcoin sportsbook, few betting types are available besides futures and player and team props. They do not offer teasers, which is a giant negative, but do allow parlays up to seven teams.
CloudBet beats the pants off every other Bitcoin sportsbook with their live betting options and interface. The live in-play betting platform is state of the art and compares well to many large fiat-based sportsbooks’ platform. Bettors can wager on moneylines, spreads, handicaps, totals, and other various team and player prop bets depending on the sport.
Their live betting list of markets is not just limited to major American and European sports, but extends much further. Sure, basketball, football, and soccer the most popular sports, but CloudBet has live betting options for baseball, cricket, cycling, darts, handball, rugby, tennis and volleyball.
Top Bitcoin Sportsbook
As of early 2014, it is hard to find another Bitcoin sportsbook that even compares to CloudBet’s betting markets and large deposit bonus. They are only the Bitcoin sportsbook with a rewards program and have the largest betting limits by a large margin. Customer support is excellent, and their withdrawals are automatic. While they have a few negatives, it is clear that CloudBet gives bettors among the best that the Bitcoin sportsbook world has to offer.