Cloudbet Esport Review
Launched in 2013, CloudBet is a betting site exclusive to cryptocurrency payments. CloudBet is also one of the many operators to have introduced a dedicated Esports betting platform, which is available to customers in many countries around the world. This CloudBet review will offer a detailed description of what they have to offer surrounding Esports, including markets, odds, features and support. We will begin by outlining the main pros and cons of CloudBet, based on extensive testing of the operator.
Pros & Cons of CloudBet
- Modern design and interface
- Generous welcome bonus
- Good number of Esports markets available
- Excellent in-play opportunities
- Restricted in the UK
- Payments by cryptocurrency only
CloudBet was established in November 2013, with their betting site being operated by Halcyon Super Holdings B.V. and licensed by the Government of Curacao. Based in the Netherlands Antilles, CloudBet offers real money Esports betting, with only a small number of countries being restricted, including the UK, thanks to the operator also holding a license from E-Gambling Montenegro.
Those behind CloudBet have outstanding experience within the Esports industry, with an in-depth sportsbook and entertaining casino site accompanying their Esports betting page. Unfortunately, CloudBet does not offer a great deal of information regarding their history on their website.
Which eSports Does CloudBet Cover?
CloudBet does cover most major Esports events, however their market coverage is lacking a little, especially in comparison to the biggest names in the industry. Markets can be found surrounding CS:GO, Dota 2, FIFA, League of Legends, Starcraft 2, NBA 2K, King of Glory, Fortnite, Rocket League, Hearthstone and Overwatch events, however it is generally major and high profile tournaments. Those looking for regional and minor Esports events will perhaps be a little disappointed with the markets available at CloudBet.
However, a good number of pre-match, in-play and outright markets are accessible, with popular bets including match winner, first map, first blood, round winner, totals, correct score, handicap, odd/even and over/under. It remains to be seen as to just how seriously CloudBet will take the ever-growing scene that is Esports, with Valorant and Fall Guys events missing at present.
Odds at CloudBet are generally good, with value to be found on many Esports markets. Prices are particularly appealing when it comes to betting on lesser known organizations and teams. Odds are displayed in a decimal format, which should suit the majority of punters. Comparing odds at CloudBet with other bookmakers and specialist Esports betting operators shows that they are generally on par, however they fail to meet expectations in some areas.
CloudBet Bonuses & Promotions
Given the fact that CloudBet is strictly for customers using cryptocurrency, it perhaps doesn’t come as a major surprise that there are not a huge number of promotions on offer. However, new customers signing up at CloudBet can claim a 100% matched deposit bonus, whether using Bitcoin, Ethereum, Bitcoin Cash, US Dollar Stablecoin or PAX Gold. The following is a step by step guide about how to claim your bonus at CloudBet:
- Register for a new CloudBet account
- Deposit cryptocurrency up to 5 BTC/BCH/ETH/PAXG or 100 USDT
- Automatically claim your 100% matched deposit bonus
- Start using your bonus funds!
The minimum deposit needed to claim your CloudBet bonus is 0.01 BTC/BCH/ETH/PAXG or 10 USDT, however the bonus must also be earned by placing Esports bets or playing crypto casino games. For example, those depositing using Bitcoin will release 0.01 BTC for every 800 loyalty points earned. Loyalty points are collected with each bet placed, with the following equation being used to calculate them: Loyalty points = Converted Stake x 0.01 x Price Score
A small number of ongoing promotions are also available at CloudBet, however they do not tend to cater towards Esports betting customers. However, competitions are regularly run on the CloudBet Twitter page, so be sure to keep an eye out for the latest offerings.
Live eSports Betting at CloudBet
CloudBet does not have a dedicated page for live betting, however in-play Esports markets can still be found. Matches from CS:GO, League of Legends, Dota 2, FIFA, NBA 2K and Overwatch once again feature heavily, with odds changing by the minute, based on what is taking place on screen. Red and green icons indicate how prices have altered, with the number of available live Esports markets depending on the profile of the event in most cases. Meanwhile, many Esports matches are available to watch live thanks to the CloudBet streaming service, which is delivered by both Twitch and YouTube.
CloudBet Design & Usability
A simplistic, yet modern, design awaits Esports betting customers at CloudBet. All Esports markets are neatly listed down the left-hand side of the page, while ongoing in-play options are positioned in the center of the page. Meanwhile, the top menu makes moving between sportsbook, casino and promotions pages a simple task. Images are used sparingly in order to ensure that visitors at CloudBet are able to easily see different menus and links, with the dark blue color scheme also helping to keep things simple.
Red and green markets indicate how odds have changed, while the CloudBet site is available in no fewer than 19 languages, including English, Spanish, German, Italian, Portuguese and Russian. While there is no CloudBet betting app to speak of, their sportsbook site is fully functional on all mobile browsers. All of the same markets and features can therefore be accessed when on the go. It remains to be seen as to whether a mobile app is something CloudBet will look to develop in the future.
CloudBet Safety & Security
While not a great deal of information regarding security is made available by CloudBet, the operator has a good reputation when it comes to safety. CloudBet is licensed and regulated by both the Curacao eGaming and E-Gambling Montenegro, meaning that they have already met industry standards. Meanwhile, the fact that CloudBet is operated by Halcyon Super Holdings B.V. should also help to put customers minds at ease, with the organization having a good reputation.
Their betting site is also fully encrypted, while two-factor authentication is in play, adding another layer of protection. Unfortunately, due to the licenses held by CloudBet, betting customers in the following countries will be unable to sign up: United States, United Kingdom, Singapore, Hong Kong
As we have already mentioned, CloudBet is an Esports betting site strictly for customers using cryptocurrencies. Bitcoin, Ethereum, Tether and Bitcoin Cash are accepted, with all offering instant deposits. The CloudBet website somewhat contradicts itself when it comes to fees however, with one section claiming that no fees will be incurred, while another mentions a potential 5% processing fee.
The minimum deposit amount at CloudBet is BTC 0.0001, BCH 0.0001, ETH 0.0001 and USDT 1. Meanwhile, withdrawals start at the same amounts, with such transactions generally being processed in under 24 hours. It is anticipated that additional cryptocurrencies will be added in the near future too.
CloudBet Customer Support
One of the most pleasing aspects of this CloudBet review is that the operator offers 24/7 customer support. While there is no telephone support available, members of staff are on standby via both email and live chat. Response times are good too, with emails being replied to in under 24 hours in most cases, while live chat agents become active in under 30 seconds, even at peak times. On top of this, CloudBet are also active on social media platforms, including Twitter and Facebook. Support is available in six different languages too, with English being one of them.
Additional Features at CloudBet
An in-depth sportsbook and hundreds of casino games are also available at CloudBet. Casino games at CloudBet are delivered by software providers including Betsoft, Evolution Gaming and 1×2 Gaming. Esports customers cannot take advantage of a wide range of additional features, however cash out is available on selected markets.
Bottom Line on CloudBet
Overall, CloudBet offers a good number of Esports markets and features, however they are still behind many of their competitors. Customers in both the UK and United States are restricted, however for those able to sign up, CloudBet is well worth considering, especially for those keen to place bets using cryptocurrency. A generous welcome bonus awaits new customers, however the addition of more ongoing promotions and a mobile app would potentially take CloudBet to the next level. CloudBet is nothing but safe and reliable, so be sure to check their dedicated Esports betting site for yourself!
CloudBet Esport FAQ
A good number of Esports markets are available at CloudBet. CS:GO, League of Legends, Dota 2, Starcraft 2, Overwatch, FIFA and NBA 2K are the most common, however new options are being added on a regular basis.
Yes. Many Esports markets are accompanied by live streaming. Delivered via Twitch and YouTube, streams are available free of charge, with watching the action as it takes place being both entertaining and beneficial.
A 100% welcome deposit bonus is available to new customers at CloudBet. However, there are only a small number of ongoing promotions on offer, with few being specifically for Esports bettors.
The fact that CloudBet holds a license from both Curacao eGaming and E-Gambling Montenegro demonstrates that they are 100% legal. However, there are restricted countries, including the UK and US.
On top of Esports betting, a complete sportsbooks site is available, meaning that punters can place bets on events from around the world. Meanwhile, hundreds of different casino games are on offer to, including leading slot, table and live dealer titles.