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Cloudbet has operated since 2013, making it one of the longest-running crypto sportsbooks we cover. It focuses squarely on sports betting rather than trying to be a casino-first platform, with a Bet Builder across baseball, basketball, cricket, ice hockey, rugby, soccer and tennis, plus a social betting feed called Pulse where you can follow and tail other bettors.
Welcome bonus
New users can unlock up to $2,500 in cash rewards over their first 30 days, activated automatically after an initial deposit with no bonus code required. Sports bettors get weekly cash drops tied to betting activity; rewards expire seven days after they unlock, and unverified accounts must wager 100% of deposits before withdrawing — check the live terms on cloudbet.com before you deposit.
Pros
- One of the longest track records in crypto sports betting (established 2013)
- Dedicated Bet Builder across seven major sports
- Esports coverage including CS:GO, Dota 2, League of Legends and Valorant
- Pulse social betting feed with leaderboards and tail options
- Broad crypto support including bridged stablecoin exclusions clearly documented
Cons
- Average odds margin is wider than Stake's on straight 1x2 markets
- Restricted in major regulated markets including the US, UK and Australia
- Welcome offer structure is more complex than a simple deposit match
- Curaçao licensing offers less recourse than a tier-one regulator
- Sports rewards calculation isn't fully transparent
Supported coins & deposit process
Cloudbet supports 25+ assets including BTC, ETH, USDT, USDC, DOGE, LTC, ADA, SOL and XRP across multiple networks. Note that bridged or wrapped versions such as USDC.e and USDT.e are not supported. Most crypto withdrawals process instantly to within 24 hours; fully verified (Level 2) accounts have no daily withdrawal limits.
Is it licensed?
Cloudbet operates under Halcyon Super Holdings B.V., licensed in Curaçao (license OGL/2024/328/0599). As with other Curaçao-licensed books, this offers less recourse than a tier-one domestic regulator — confirm Cloudbet is legally available where you live before signing up.
Our verdict
For bettors who want a sportsbook-first platform with a long operating history and don't mind a slightly wider odds margin than Stake, Cloudbet is a solid, well-established pick.