Introduction to bonus offers - what’s on offer?
We begin this Cloudbet bonus review by quickly explaining that you don’t get branded as one of the best Bitcoin gambling sites without offering a solid welcome bonus.
As more and more Bitcoin gambling sites start to enter the market, greater bonuses are starting to follow. Generally, the welcome bonus is considered the ideal way to give new customers a head start on their journey. Of course, due to the increase in popularity, gambling sites can’t just focus their efforts on a welcome bonus, they need to consider usability, markets, games, support and a rewards program, too, if they plan on bringing a new member on board!
Before we digress too much, let us note that Cloudbet is currently offering a mammoth welcome bonus for new customers only. At the time of writing, new punters can register with Cloudbet and look to redeem a 100% deposit match, up to the value of 5 BTC!
How to use the bonus - a closer look at the Cloudbet welcome bonus
Yes, you really did read that right - Cloudbet is offering a 100% deposit match, up to the value of 5 BTC.
To redeem the new customer offer, players - unsurprisingly - need to be completely new to the Cloudbet platform. Although you can register for an account using email, Google, Facebook or GitHub, players will not have four separate shots at redeeming the bonus. Cloudbet takes player protection seriously and will require players complete the KYC process before any funds can be withdrawn.
Now we’ve got the serious stuff out the way, new players can register with Cloudbet and unlock their bonus following these four simple steps.
- Register with Cloudbet
- Make a qualifying crypto deposit
- Receive your 100% Cloudbet bonus
- Make your way to the casino and bet on your favourite games
Just as we noted in our Luckbox review, the 100% deposit match bonus at Cloudbet will see all qualifying deposits matched in entirety. Bonus funds will then be released following a points system, explained by the below formula:
Converted Stake x 0.008 x (100-RTP)
Although all casino games hold differing contributing percentages, we do know that slots will offer the highest contribution. Once players have earned 150 points, an incremental value of 0.001 BTC will be released into their account. It is also worth noting that any players who do not manage to unlock the full bonus before the expiration date will lose all progress and the outstanding bonus will be deemed void.
Top 5 expert tips to take advantage of the offer - a little guidance on the Cloudbet bonus
In this next section of our Cloudbet bonus review, our experts come together and offer you an insider look at redeeming the bonus. They focus on the types of wagers you should place, the kind of deposit you should make and explain why it pays to keep a note of when you registered, too!
Choose your crypto carefully
Before you get started, it makes sense to do a little research into your current wallet provider and, while you’re there, take a look at your current crypto portfolio, too. Cloudbet offers players the chance to unlock the bonus using popular major cryptocurrencies and some top alternatives, like LUNC and AVAX, without taking any fees off the top. We suggest checking that your wallet provider can say the same!
Deposit what you can afford to lose
This may not be the most astounding tip we offer up but it could be the most important. We won’t beat around the bush, 5 BTC is a huge bonus to put on the table. However, players can also make use of this bonus for as little as 0.001 BTC (or currency equivalent). With this in mind, players need not feel forced to push the boundaries of their crypto portfolio and should look to deposit what they can afford to lose. Unfortunately, nothing is guaranteed in the world of online casinos and it is always best to play things safe.
Make a note of when you registered
Our third top tip is fairly straightforward and focuses on the sixty-day expiration date attached to the Cloudbet bonus. When compared to the bonus detailed in our Cyber Bet review, sixty days is considered a fairly lengthy period of time to work your way through the Cloudbet bonus wagering requirements. However, it will come around a lot sooner than you think! We would not recommend increasing your time spent wagering at the casino but we would recommend keeping a track of how much of the bonus you have worked through and how long you have left. This way, you can divide your time between sports betting and redeeming the casino bonus appropriately!
Okay, perhaps this isn’t what you expected us to say - after all, this is a casino bonus review, not a maths test! However, it really does pay to do some quick maths before you start working your way through the playthrough requirements. Cloudbet has been good enough to provide you with the formula - Converted Stake x 0.008 x (100-RTP) - and they’ve even provided you with a complete library of RTPs. With this information, you can quickly identify which slots, table games or alternative casino favourites are going to offer the highest contributing percentage.
Of course, this final top tip is subjective but it’s fair to say we all know when we are betting beyond our means. We suggest placing sensible bets for obvious reasons but also because it allows players to keep track of their progress and trial new games as part of the bonus experience, too. It may be a tad cliche but the Cloudbet bonus is there to enhance your casino experience and offer a simple way to test the waters - not add further stress to it!
Frequently asked questions - find out more about the Cloudbet bonus
We’ve firmly covered what the Cloudbet bonus is and how you can make the most out of it. Now, it’s time for us to answer a few key questions that may have yet to be answered. Hopefully, by the end of this section, you’ll be well on your way to deciding whether this is the right welcome bonus for you!
What is the current Cloudbet bonus code for 2024?
At the time of writing, the Cloudbet bonus does not require players to input a promotional code. As per the terms and conditions found onsite, players are simply required to register with Cloudbet, make a minimum qualifying deposit and begin staking on casino titles.
Can I withdraw the Cloudbet bonus?
The Cloudbet bonus is withdrawable but not before making your way through the wagering requirements. Players are encouraged to build up their bonus points by staking on various casino titles. Once the 150-point threshold has been hit, players will find 0.001 BTC become eligible for withdrawal.
Can I only unlock the Cloudbet welcome bonus using Bitcoin?
No. Cloudbet makes use of a range of major and lesser-known cryptocurrencies across the site, allowing new players to unlock the bonus using Bitcoin, Solana, Matic and much more. You can find a full list and minimum qualifying deposits by checking out the Cloudbet bonus fine print.
When will the Cloudbet welcome bonus expire?
The Cloudbet welcome bonus will expire 60 days after the first deposit has been made. All players will be given the same amount of time to work through the requirements and will forfeit any outstanding bonus credits, should this not be achieved.
Where can I use the Cloudbet new customer bonus?
The Cloudbet new customer bonus is available for use across the online casino only. Players can use it to wager on slots, baccarat, blackjack, roulette, and any other casino titles found onsite. Please bear in mind that the highest contributing percentages come from slot stakes.
Additional rewards & loyalty programs - a look beyond the Cloudbet sign up bonus
Well, you’ve made it this far - you must be liking the sounds of the Cloudbet bonus! In this next section, we show you what you can expect to find after you’ve made your way through the wagering requirements or your sixty-day bonus period has expired!
Just as we spotted in our Thunderpick Bitcoin review, the promotions section is where we found all details, bonuses and promotions catered for returning players. Sports betting enthusiasts can make use of zero-margin sports bets while casino fans seem spoilt for choice! We noticed a seasonal Halloween giveaway, the chance to unlock free spins on a Tuesday, redeem a deposit match bonus on a Thursday and Spinomenal were running a £500,000 grand holidays tournament, too!
It was while making our way around the promotions section of Cloudbet that we found more information on the rewards program. Here, players could make their way through a six-tiered system that works much like many other top programs. Rewards in the Bronze tier are fairly basic, providing a 5x sports bonus rollover, marketplace access and the chance to make use of the Tuesday free spins bonus. However, those who make it to Ruby will be presented with their own dedicated account manager, gifted bespoke bonuses and will benefit from priority customer support.
Overall conclusion - redeem your Cloudbet bonus today
If you’re still on the fence, make sure you stick around as we quickly recap all you need to know going forward.
Cloudbet is offering all new punters the chance to unlock a 100% deposit match bonus to use across its online casino. All games are eligible and will contribute towards the playthrough requirement; however, the contributing percentages will vary from game to game.
Cloudbet has opted to make use of a points system that works slightly differently from the traditional playthrough requirements set out by the average online casino. Once 150 bonus points have been acquired, 0.001 BTC (or currency equivalent) will be classed as played through and withdrawable. All punters are given 60 days to make their way through the bonus. The minimum available qualifying deposit is 0.001 BTC and the maximum any one player can deposit is 5 BTC.
As you can see, regardless of whether you are a high roller or casino newbie, it is a great way to kick-start your Cloudbet journey. You can find out more about the site by checking out our comprehensive review on Cloudbet or by visiting the site directly.
Cloudbet Bonus FAQ
📝What is the latest Cloudbet promo code?
If you are on the hunt for a bonus from one of the best crypto online casinos, then our latest Cloudbet bonus review is the place to visit. Here, we explain exactly what is required to unlock the bonus, offer top tips on how to use it to its fullest and we explain whether a promotional code is needed, too.
🔐How do I unlock the Cloudbet deposit bonus?
Almost all online bonuses and promotions will come with requirements that must be met before they can be unlocked. Find out what is needed to redeem the Cloudbet sign up offer in our latest Cloudbet bonus review.
⚽Can I use the Cloudbet welcome bonus on sports?
We dedicate a whole section of our Cloudbet review to answering the top questions surrounding the sizable new customer offer. We discuss when the bonus expires, how to unlock the bonus and which games will contribute towards the playthrough requirements.
Welcome! We’ve just finished researching for our Cloudbet bonus review and can’t wait to share our findings with you. Fancy a Bitcoin welcome bonus with a twist? You’d best read on!
