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Limited offer!Cloudbet Nigeria Review in December 2025
by Yunchu Li |
8.0/10
Competitive odds for pre-match and live betting
Instant deposits and withdrawals
Secure financial transactions
Lack of Cash Out Option
Limited Sportsbook Promotions
First established in 2013, Cloudbet was one of the first bitcoin sportsbook operators present on the market, and has since grown to become one of the most popular bettings sites operating in the crypto space. Licensed by both E-Gambling Montenegro and Curacao eGaming, Cloudbet is committed to providing a secure gaming environment to its customers, and employs both Cold Storage and Two-Factor Authentication to ensure the safety of any transactions made at the site. With an ever-expanding sportsbook that offers pre-match and live betting markets for a multitude of sporting events, it is sure to say that Cloudbet offers one of the most comprehensive bitcoin sportsbooks.
Cloudbet Global Rating
8.0/10
Cloudbet Bonus
Best bonus
Bonus up to : 5BTC
Withdraw : Funds can be withdraw as soon as they are earned and added to your main balance.
Minimum deposit : 1BTC
Type of bonus : Deposit bonus
New customers who register at Cloudbet are eligible to receive a 100% Welcome Bonus that matches the first deposit they make with the site. This bonus amount can be up to the maximum value of 5BTC, for which you can be eligible once you register an account and place your first deposit with the site. Registering a Cloudbet account is a quick and easy process with only two-steps involved, but we will go into more detail about how to register an account later in this review.
Once you have confirmed this new account, you should proceed to place your first deposit at the Cloudbet site. Placing a deposit at Cloudbet using Bitcoin is a fast and simple process - all you need is a Cloudbet account, a Bitcoin Wallet, and Bitcoin. Once you have logged into your new Cloudbet account, you should ensure that 'bitcoin' is selected in your account dashboard, then click 'Deposit'. You will then be provided with a 'Wallet address', a string of numbers and letters that you should copy before proceeding to sign in to your Bitcoin wallet.
There are a number of Bitcoin wallets that you can choose to use, the steps required to make a transaction are essentially the same for each wallet, but may vary slightly. In your Bitcoin Wallet, you should click 'Send', then paste the deposit address that you copied from the Cloudbet site into the field provided. You can then choose how much to send, and finalise the transaction. The transaction should take only a few minutes to complete, and when it has been transferred you will be able to see your new bitcoin balance in your Cloudbet account. It is important to note that your first deposit must be of minimum value 0.01 BTC in order for you to be eligible to receive the Cloudbet bonus offer.
Once this deposit has been placed, you can proceed to the Cloudbet sportsbook and begin betting. The principle of the Cloudbet bonus is simple - for each bet you place at the site you will receive loyalty points, and for every 150 loyalty points you earn, 0.001 BTC will be released.
You will have 60 in which you will be eligible to release the bonus amount of up to a total of 5 BTC, and you can see your bitcoin bonus balance on your account dashboard at any time, as well as the amount of loyalty points you need to earn before you can receive the next increment of the bonus. These loyalty points are calculated based on the stake and price of any bets you place at the site, based on the following formula: Loyalty points = stake (in EUR) x price score, where price score is calculated as the square root of the odds (minus one when the odds are in decimal format), and the maximum price score is 1. To see full details of all of the terms and conditions of this sign up offer, you can visit our Cloudbet Promotions page.
Cloudbet Overview
Site
Gambling licence Yes
Site in English Yes
Mobile app Yes
Casino available Yes
Live streaming Yes
Minimum deposit 1BTC
Minimum bet BTC
App
Available on iOS Yes
Available on Android Yes
Casino App No
DFS App No
Poker App No
Bets
Football pool No
Accumulator Yes
Cash-out Yes
Auto Cash Out No
Partial Cash Out Yes
E-sports Yes
Odds
In-play odds Yes
Boosted odds Yes
Over/Under Yes
BTTS Yes
Outright Yes
Special bets Yes
Security and reputation
Registration number 148526
Licence number 1668/JAZ
Licence date 31 December 2013
Regulatory authority Curacao eGaming License
Customer service
Live-chat Yes
Contact support@cloudbet.com
Address Abraham Mendez Chumaceiro Boulevard 03, Willemstad - Curaçao
Cloudbet Payment Methods
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.
Cloudbet ensures greater privacy; only an email is needed to create an account.
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:
- Dogecoin
- Dash
- DAI
- Tron
- Bitcoin
- Ethereum
- Litecoin
- USDC
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.
Get all Cloudbet's offers now!
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.
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.
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.
See all bets offered by Cloudbet!
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.
Cloudbet offers a vast range of pre-match and live betting markets beyond traditional single bets.
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.
Check out football betting with Cloudbet!
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.
View all Live Bets available at Cloudbet!
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.
- Go to the Cloudbet site
- Fill in the registration form
- Confirm your account
- Make your first deposit
- Go to the Cloudbet site You will see that there are several links on this page. Click on one of them and you'll be taken over to the Cloudbet site. Your next task is to click on the green 'Join' icon that can be seen in the top right-hand corner of the page. This will see you redirected to the registration form, not long to go now till you are a member of Cloudbet.
- Fill in the registration form This isn't the longest registration form you'll ever see. You are asked your email address and password and need to tick the box saying you are old enough to gamble on the site. It is also possible to use Google, Facebook or GITHUB to register an account with Cloudbet. Select a password that isn't easy to guess but one you can remember. Do not share it with anyone so they can access your account.
- Confirm your account Once you press the submit button on the registration form, confirmation of your account is required. An 'Activate Account' email will be sent to you. Just click on the link given and that will confirm your registration.
- Make your first deposit With your membership confirmed, it is now time to start placing some bets. You will need to make an initial deposit into your new Cloudbet account. Just 0.01 BTC is sufficient to qualify you for their welcome offer. You will need to select bitcoin as your payment method. There is a full explanation of how deposits can be made on the site. Your initial deposit will be 100% matched by Cloudbet up to a maximum of 5 BTC.
Review on Cloudbet checked the 23 December 2024 by SportyTrader with an overall score of 8.0 out of 10.