Is Cloudbet Legit?
In-depth trust analysis of one of the oldest crypto casinos. We examine the 10+ year track record, license validity, withdrawal consistency, and how Cloudbet compares to newer competitors on trust metrics.
Last updated: August 2026
Verdict: Cloudbet is Legitimate
Cloudbet has operated continuously since 2013 — over a decade of uninterrupted service. This is an exceptionally long track record in the crypto gambling space, where most platforms are less than 5 years old. No confirmed incidents of withheld funds, consistent withdrawal processing, and a welcome package that pays as no-wagering cash — the cleanest bonus terms among the major crypto casinos we cover.
Safety Index
8.5/10
Cloudbet
Up to $2,500 cash rewards (30-day welcome package)
No wagering · Min $0 deposit
Trust Analysis — Category Breakdown
Operational History
10/10Cloudbet launched in 2013 — making it one of the longest-operating crypto casinos worldwide. 10+ years of continuous service without a major security breach or fund loss. In the volatile crypto gambling industry, longevity is the single strongest trust indicator.
Withdrawal Reliability
9/10We tested 8 withdrawals across BTC and ETH. All were processed instantly — no holds, no delays beyond standard blockchain confirmation. Cloudbet has no history of refusing legitimate withdrawals. Large withdrawal handling is consistent with their documented policies.
License & Compliance
7/10Curacao eGaming license. This is the standard for crypto casinos — better than unlicensed operations but less protective than MGA or UKGC. Cloudbet maintains KYC/AML compliance processes and cooperates with law enforcement requests.
Bonus Fairness
9/10Cloudbet pays its welcome package — up to $2,500 in rakeback, cash drops, and reload value — with no wagering requirement at all, as of our August 2026 recheck. Stake and BC.Game have moved to similar no-wagering prize-pool models; the bonus terms across all three are clearly documented and we found no hidden clauses or predatory conditions. See our wagering guide for the math on operators that still use a multiplier.
Sportsbook Reliability
9/10Cloudbet's sportsbook has operated reliably for 10+ years. Odds are competitive, payouts on winning bets are processed without delay, and maximum bet limits are among the highest in the crypto space. No confirmed cases of voided legitimate winning bets.
Customer Support
7/10Live chat and email support available. Response quality is acceptable but not exceptional. Compared to Stake's more responsive support, Cloudbet is slightly slower on complex issues. Adequate for standard queries but room for improvement on escalations.
Cloudbet — Strengths & Weaknesses
Strengths
- ◆ 10+ year track record — oldest tier of crypto casinos
- ◆ No wagering requirement — best bonus terms in the industry
- ◆ Up to $2,500 cash welcome package — paid as real balance, not locked bonus funds
- ◆ No withdrawal issues — consistent instant processing
- ◆ Strong sportsbook — one of the best crypto sportsbooks available
- ◆ Crypto pioneer — launched when Bitcoin was under $1,000
Weaknesses
- ◆ Curacao license only — standard for crypto but not top-tier
- ◆ Smaller game library — fewer slots and originals than Stake or BC.Game
- ◆ No provably fair originals — unlike Stake, no proprietary provably fair games
- ◆ Less modern UI — interface feels dated compared to newer competitors
- ◆ Support response times — slower than Stake on complex queries
Withdrawal Test Results
| Test # | Coin | Amount | Request to Wallet | Status |
|---|---|---|---|---|
| 1 | BTC | $300 | 25 minutes | Instant (network delay) |
| 2 | ETH | $750 | 5 minutes | Instant |
| 3 | BTC | $1,500 | 20 minutes | Instant (network delay) |
| 4 | USDT | $200 | 3 minutes | Instant |
All delays are blockchain network confirmation times. Cloudbet broadcasts withdrawal transactions immediately upon request. Read our complete Cloudbet review for full test methodology.
Addressing Common Concerns
"Cloudbet is not as well-known as Stake"
True. Cloudbet does not have the marketing budget of Stake (UFC, Everton FC, Drake sponsorships). However, Cloudbet has operated 4 years longer than Stake. Brand awareness and operational reliability are different metrics. Cloudbet's lower profile is partly because they invest less in influencer marketing — not because they are less trustworthy.
"The game selection is smaller"
Cloudbet has fewer games than Stake or BC.Game, but the selection includes all major providers (Pragmatic Play, Evolution Gaming, etc.). The core games you would want to play are available. Where Cloudbet falls short is in proprietary/original games — Stake's provably fair originals are superior in this category.
"Only a Curacao license"
This applies to most major crypto casinos (Stake and BC.Game included) — Wolf.bet is the exception, licensed in Anjouan, Union of Comoros rather than Curacao. The Curacao license is the industry standard for crypto gambling operators. Within this tier, Cloudbet's 10+ year compliance record is among the strongest. No Curacao-licensed crypto casino currently holds an MGA or UKGC license.
Our Assessment: Cloudbet is Trustworthy
With 10+ years of continuous operation, a welcome package that pays with no wagering requirement, and no confirmed payout issues, Cloudbet is one of the most reliable options in the crypto casino space. Ideal for players who prioritise trust and bonus value over flashy interfaces. See how Cloudbet stacks up against our top-ranked operator in Stake vs Cloudbet, or read our trust analysis of a different licensing profile in Is 1win Legit? For a full breakdown of what the Welcome Package actually pays out and when, see ourCloudbet Welcome Package explained.
Further Reading
Frequently Asked Questions
Is Cloudbet a legit casino?
Yes. Cloudbet has operated continuously since 2013, making it one of the oldest crypto casinos in existence. It holds a Curacao eGaming license and has a 10+ year track record with no confirmed cases of fund theft or refused legitimate withdrawals.
Is Cloudbet safe for large withdrawals?
Cloudbet processes crypto withdrawals instantly without manual review for standard amounts. For very large withdrawals, additional verification may be requested. Their 10+ year operational history and consistent withdrawal processing make them one of the more reliable options for significant amounts.
Does Cloudbet have wagering requirements on its welcome bonus?
No. As of our August 2026 recheck, Cloudbet's 30-day Welcome Package (up to $2,500 in rakeback, cash drops, and reload value) carries no wagering or rollover requirement. Stake and BC.Game have similarly moved away from wagering-based welcome bonuses toward no-wagering prize pools.
How long has Cloudbet been operating?
Cloudbet launched in 2013, making it one of the first crypto-native gambling platforms. Over 10+ years of continuous operation, they have built a strong reputation in the crypto gambling community with no major security incidents or scandals.