Cloudbet Nigeria Review in October 2024

Cloudbet Payment Methods

Deposit Withdraw

Method	Payment available	Minimum	Maximum	Cost	Delay
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant
		1BTC	10000000BTC	Free	Instant

Method	Payment available	Minimum	Maximum	Cost	Delay
		1BTC	10000000BTC	Free	1 hour
		1BTC	10000000BTC	Free	1 hour
		1BTC	10000000BTC	Free	1 hour
		1BTC	10000000BTC	Free	1 hour
		1BTC	10000000BTC	Free	1 hour
		1BTC	10000000BTC	Free	1 hour
		1BTC	10000000BTC	5%	1 hour
		1BTC	10000000BTC	Free	1 hour

Cloudbet accepts only one currency at their site - bitcoin and bitcoin cash. As such, deposits and withdrawals made at the site must be completed using a Bitcoin Wallet. You can transfer bitcoin to your Cloudbet customer account from this wallet, a process which is almost instantaneous. The minimum amount for both withdrawals and deposits at the site is 0.01 BTC, and there is no listed maximum amount for either transaction.

You might be wondering, what are the advantages of betting with a bitcoin gaming site as opposed to one that uses traditional payment methods? There are, in fact, a number of benefits that come with bitcoin betting - namely that the processing time of withdrawals and deposits is quicker than traditional methods, and there are no costs associated with the processing of your payments. In addition, an account made at a bitcoin betting site such as Cloudbet offers you better privacy safeguards.

For those who are new to the world of cryptocurrency, understanding bitcoin and Bitcoin Cash can seem to be confusing and daunting. Essentially, the principle of Bitcoin is that it is a digital currency that is regulated by a network as opposed to by a central authority. Transactions made using bitcoin are secure and transparent, and you can make bitcoin payments to anywhere in the world. To help you understand the world of Bitcoin and cryptocurrency, the Cloudbet blog offers a number of articles that explain the principles of Bitcoin. From 'What is Bitcoin, to 'How to set up your first bitcoin wallet', to 'How to buy bitcoin cash' - all of the information you need to understand Bitcoin is present on this blog.

In short, the bookmaker has a number of payment options available including:

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Conditions before a Withdrawal can be made

Your winnings from settled bets are credited to your account and may be withdrawn in accordance with Cloudbet's withdrawal policy. These are the conditions that must be fulfilled before a withdrawal can be initiated:

• a copy of valid photographic identification (passport, driver's license)
• Proof of address (recent utility bill)
• credit/debit card to our satisfaction
• photo of yourself containing proof of date and identification materials

Cloudbet Site

The Cloudbet site is one that is easy to navigate, with everything that the site has to offer displayed on the homepage. The promotions on offer at the site are prominently displayed on the homepage, including the site's Welcome Bonus', as well as the steps involved in registering a Cloudbet account. At the top of the homepage, you can find the menu used to navigate the site, from their Sportsbook to their Casino, to their Promotions page. While there is no Cloudbet mobile app currently available, a mobile version of the site is offered - so you can navigate to the mobile-compatible site using the browser on your phone, for all the benefits of betting with Cloudbet from the palm of your hand.

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Cloudbet Online Rules

As with any online betting site, there are a number of rules in place that must be followed by customers of Cloudbet. While these rules are not overly strict, it is important to ensure that you follow them when gaming at Cloudbet, as they ensure the security of your account, as well as allowing for the Responsible Gaming policy put in place at Hamabet. You can find a full explanation off all of the rules put in place by Cloudbet on their 'Terms and Conditions' page - make sure that you read this page carefully to be aware of these conditions, and thus ensure that your account is not penalised.

In addition, you can also find an explanation of the rules of each sport offered at the Cloudbet site on their 'Sportsbook Rules' page. If you find that you are not entirely clear on all of the rules associated with a sport you wish to bet on, you can visit this page to brush up on these rules - be it or American Football or Snooker.

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Cloudbet Sports: The Offer

The Cloudbet sportsbook offers betting markets on events from almost 20 different sports, both pre-match and live. As such, there will no doubt be exciting betting markets available to new Cloudbet customers around the clock.

Cloudbet's site includes following sports:

Football Tennis Basketball Rugby American Football Baseball Handball Volleyball Ice Hockey Golf Horse Racing Cricket Olympic Games Rugby League Rugby Union Futsal Table tennis Boxing Darts Greyhounds MMA Snooker Floorball Bandy

In addition to these sports, Cloudbet also allows you to bet on other sports such as Aussie Rules Football, entertainment, virtuals, kabaddi, politics, squash.

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Types of Bets at Cloudbet

As online betting comes to be ever more popular, the types of bets that customers can place on online sportsbooks have developed. In addition to the traditional single bet at Cloudbet, you can also place multiple bets on certain fixtures - such as doubles in which the odds of two bets are multiplied together to calculate the potential winnings.

Handicap betting markets are also available at the Cloudbet site - this form of betting market has increasingly grown in popularity in recent years. The principle of a handicap bet is that is levels the difference in quality between two sides in a sporting event - so that if you place a Handicap bet on Chelsea of '+2', it means that the Blues will have to win at by at least two goals in order for your bet to be considered a winner. Another type of handicap bet is also available on the site - the Asian Handicap, which operates on the same principle, but excludes a 'Draw' result as a potential outcome.

Cloudbet also offers certain Ante Post betting markets, which allow you to place outright bets on events that are scheduled to take place in the future - and on which the odds are often very favourable. To find out more about the rules associated with the different bets on offer at Cloudbet, you can visit their 'Sportsbook Rules' page.

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Cloudbet Football Betting

It would be true to say that football has become one of the most popular sports amongst fans of online betting, which can be seen in the increase of betting markets available on football competitions from around the globe. 

Some of the bets that you can now place on football games include the half time result, the team to score first, and the number of goals expected in the game. Such markets are available on competitions from around the world, so whether it is the UEFA Champions League or the Copa America you want to bet on, you will be able to find plenty of options at Cloudbet.

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Cloudebet Live Betting

Live Betting was introduced at the Cloudbet site in 2014, just in time for the Brasil World Cup, to meet the demands of customers of the site. Since then, the range of live bets offered by the site has greatly developed, so you can place in-play bets on a wide variety of sporting events.

One of the reasons why live betting has become so popular in recent years is that the odds associated with an in-play bet change constantly, depending on the events that occur during a match. In this way, you can place a bet on a sporting event when the odds are at their highest during a game - it’s an exciting way to bet.

As of January 2019, Cloudbet also introduced a Live Streaming service to their online sportsbook, as a compliment to the live betting feature they offer. This service allows customers to keep up with the events of their chosen match in real time, so that you can keep track of your live bets.

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What’s Good about Cloudbet

Over the course of this review, we have discussed the many offerings available at Cloudbet, and it has become clear that membership at the site offers many advantages. You too can benefit from all the site has to offer - registering with this site takes only a matter of minutes.

Cloudbet Promotions

There are a number of promotions and offers that new and existing users can take advantage of. The welcome bonus on offer for players registering a Cloudbet account for the first time is a full 100% matched deposit bonus which can be as high as 5BTC! However, that's not all. In addition to this generous sign-up bonus, dedicated bettors will be able to take part in Cloudbet's loyalty program. The loyalty program consists of six tiers and carries with it a number of benefits including free spins, Lightning Points multiplier, priority customer support, sports rewards earnings and more. You'll also find special Free Spin days, huge guaranteeed prize pool slot tournaments and various different giveaways.

Cash Out

An inreasingly popular tool in the online betting world is the live cash out tool. This allows users to settle their wager before the end of the event and instantly receive the proposed cash out amount directly into their account. There are a number of benefits to having this feature in a bettors toolbet. The most common example, and one that both new and experienced bettors will have come across, is when the team you bet on has a slm lead heading into the final moments of a game. For example, a football match where your team has a one goal lead but the trailing team is pushing hard for a goal in the final few minutes. This would be an ideal time to consider using the early cash out feature, as it would allow you to lock up a profit and enjoy the rest of the match without stress! 

Of course, you won't receive the full amount that you would have had you played out the bet until the end. Therefore, it's important to analyze each situation on an individual basis and weigh the risk vs reward.

Cloudbet Customer Service

If you have any questions or issues about your experience at Cloudbet, you can get in contact with a representative of the site using a couple of methods. Before getting in touch with the team however, it may help to consult the site's FAQ page or the Cloudbet Blog, as these pages contain plenty of information about all that is on offer at the site.

Should you find that the information you seek is not included in these pages, you can contact a member of the Cloudbet Customer Service team directly using their Live Chat function, or by email at support@cloudbet.com.

Cloudbet Rewards

In June of 2024, they launched Cloudbet rewards. The aim is to make it simpler to claim rewards. Every bet that you place can earn you a percentage of 'rakeback' which is basically the house edge that is build into the odds. The rakeback that you receive will be between 5-30% which can build into a massive return.

When you 'add' rakeback to your rewards, it is split, some into your wallet which is cash and some goes into your rewards calendar which you can claim later on. Three times a day rewards will unlock on your calendar with a 12-hour window with which to claim them.

There are added rewards to be claimed daily, weekly and monthly from rakeback. They will also appear on your calendar so make sure to keep a close eye on yours when you join Cloudbet. 

As you climb through the VIP tiers, you will gain further opportunities including a promo called TURBO which almost completely eliminates house edge in casino games which can increase your rakeback quickly.

Security: Cloudbet, reliable and legal

Cloudbet was founded in 2013, аnd it is оnе оf thе first Bitcoin sроrtsbооks in thе bеtting market. Аs thе Bitcoin аwаrеnеss соntinuеd tо sрrеаd аnd mоrе рuntеrs gоt fаmiliаr with thе idеа оf bеtting with сryрtосurrеnсiеs, Аlthоugh thе infоrmаtiоn аbоut thе оwnеr аnd ореrаtоr оf this sроrtsbооk is unknоwn, wе knоw that it is liсеnsеd by both Е-Gambling Montenegro and Сurасао Gaming. Licence There was a lot of skeptics with regard to security, but this bооkmаkеr аlsо went further to рrоvе it is committed to providing its customers with a sесurе gaming platform by adopting both Twо-fасtоr Аuthеntiсаtiоn аnd Соld Stоrаgе tо еnsurе thе sаfеty оf аll trаnsасtiоns mаdе оn its sitе. Аll thеsе lеаvе no dоubt аbоut thе сrеdibility оf thе bооkmаkеr.

Registering with Cloudbet

Becoming a Cloudbet site member is a great idea, especially if you love using bitcoin. Membership is required if you are to take advantage of all that is on offer at this site. It won't take too long for this to be achieved. Even less time if following the steps that we have listed below. Then you can be a Cloudbet player and get their welcome bonus and other promotions.

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