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: March 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 the best wagering requirements (25x) among major crypto casinos.
Safety Index
8.5/10
Cloudbet
100% up to 5 BTC
25x 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 offers 25x wagering on their welcome bonus — the lowest in the industry. For comparison, Stake and BC.Game require 40x. The bonus terms are clearly documented and we found no hidden clauses or predatory conditions. See our wagering guide for the math.
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
- ◆ 25x wagering — best bonus terms in the industry
- ◆ 100% up to 5 BTC bonus — massive headline value with low wagering
- ◆ 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 all major crypto casinos (Stake, BC.Game, Wolf.bet included). 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, the best wagering requirements in the industry (25x), 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.
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 the best wagering requirements?
Yes. Cloudbet offers 25x wagering on their welcome bonus (100% up to 5 BTC), which is the lowest among major crypto casinos. For comparison, Stake and BC.Game both require 40x wagering. Lower wagering requirements significantly increase the real expected value of the bonus.
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.