Cloudbet
out of 5
Cloudbet is one of the original Bitcoin casinos, running since the early crypto era under a Curacao licence held by Halcyon Super Holdings B.V. It is built for high-limit play, with no daily withdrawal cap once verified and bets up to tens of thousands. Its welcome confuses newcomers because it pays out gradually as rakeback and daily cash drops rather than a single locked match. There is no US access and KYC can be requested at any time.
Where we'd play instead of Cloudbet
Our highest-scoring casinos, judged on the same six criteria, with the one that accepts players in your region highlighted.
Stake4.6/5 200% first deposit match up to $2,000 (via code) + daily $100,000 race + weekly $75,000 raffle Play at Stake Top pick 
SatoshiHero4.7/5 375% Welcome Package up to €700 across 5 deposits + daily rewards Play at SatoshiHero Top pick 
BitStarz4.6/5 100% up to 1 BTC + 180 free spins across four deposits (up to 5 BTC total) Play at BitStarz 18+ only. Please gamble responsibly.
Key takeaways
- Is it legit: yes, Cloudbet is one of the original crypto casinos, operated by Halcyon Super Holdings B.V. under a Curacao Gaming Authority licence.
- The bonus catch: the welcome is paid gradually as daily cash drops and 10% rakeback over a month, not a single upfront match, which is why players say they don't get it all at once.
- High limits: fully verified accounts have no daily withdrawal cap, and the high-roller section allows very large bets.
- Withdrawals: fast in crypto, but unverified accounts are capped around $2,200 a day until KYC is done.
- KYC: AML-first, so ID, proof of address or a selfie can be requested before a withdrawal or when risk triggers.
- Watch for: no US access, crypto only, and a bonus structure you need to understand before depositing.
What we liked
- One of the longest-running, most established crypto casinos
- High limits: no daily withdrawal cap once verified, bets up to tens of thousands
- Fast crypto deposits and withdrawals across many coins
- Curacao licensed with a large 2,500+ game lobby and a sportsbook
What held it back
- Welcome bonus pays out gradually, not as an upfront lump, which confuses players
- KYC can be requested at any time, especially on larger withdrawals
- Not available to US players
- No fiat banking; crypto only
How we scored Cloudbet
Cloudbet is one of the original Bitcoin casinos, a high-limit crypto site that has been running since the early days of crypto gambling. It is Curacao licensed, holds a large game lobby and sportsbook, and is built for players who deposit and withdraw in cryptocurrency at serious size. Most of its complaints are not about trust but about one thing: a welcome bonus that pays out gradually rather than upfront. This review explains how Cloudbet actually works, starting there.
Is Cloudbet legit, and how does the bonus actually work?
Cloudbet is legit. It is operated by Halcyon Super Holdings B.V. under a Curacao Gaming Authority licence, and as one of the longest-running crypto casinos it has a long, mostly positive track record, with players praising fast crypto withdrawals and a smooth, reliable site.
The bonus is where the confusion starts. Cloudbet’s welcome is not a single match dropped into your balance when you deposit. It pays out gradually over your first month, as daily cash drops and 10% rakeback, worth roughly $2,500 in total. That is why reddit threads warn that you do not get it all at once. It is a fair, play-rewarding structure rather than a trick, but it is the opposite of an instant lump-sum bonus, and going in expecting the wrong thing is the single most common Cloudbet gripe. Know the model before you deposit.
Withdrawals: limits, speed and KYC
Cloudbet’s withdrawal model is built around verification. Once your account is fully verified, there is no daily withdrawal cap, which is unusual and genuinely useful for larger players. Unverified accounts are limited to around $2,200 a day. Because everything settles in crypto, approved withdrawals are fast, without the multi-day waits of bank transfers.
The thing to plan for is KYC. Cloudbet runs an anti-money-laundering-first policy, meaning it can request ID, proof of address or a selfie before a withdrawal or whenever a risk check triggers. It is not a strict no-KYC casino. Keep your documents ready and the larger cash-outs go through without a hold.
High limits and the high-roller angle
This is Cloudbet’s genuine differentiator. The combination of no withdrawal cap for verified users and a high-roller section that accepts very large bets makes it one of the better crypto casinos for serious stakes. Where many sites quietly throttle big withdrawals, Cloudbet’s verified model is designed to let large balances move freely.
If you play small, this matters less. If you play big, the high limits and uncapped verified withdrawals are the main reason to consider it over a flashier rival.
Games, sportsbook and crypto banking
The lobby runs past 2,500 titles, covering slots, table games, live dealer and crypto-native formats like dice and crash, with a full sportsbook alongside. Banking is crypto only, across Bitcoin, Ethereum, Litecoin, Tether, Bitcoin Cash, Dogecoin and more, which keeps deposits and withdrawals quick for players who already hold coins.
There is no fiat option, so if you want to deposit with a card or bank transfer, Cloudbet is not set up for that.
Can you use Cloudbet in the USA, and who it suits
Cloudbet does not accept US players, since it runs on an offshore Curacao licence. It suits experienced crypto players outside the US who want high limits, fast crypto withdrawals and a long-established operator, and who are comfortable with a drip-fed bonus and the possibility of a KYC request. New or casual players may find the bonus structure and crypto-only model a poor first casino.
If you want a different crypto casino, a simpler bonus, or you are in a restricted region, the casinos listed at the top of this page are the ones we rate highest and vet most closely, and the page highlights the one that accepts players in your region. Decide a budget before you start, and treat any losses as the price of the entertainment. Support is free and stays confidential at GamCare and Gambling Therapy.
Frequently asked questions
Is Cloudbet legit?
Yes. Cloudbet is one of the longest-running crypto casinos, operated by Halcyon Super Holdings B.V. in Curacao under a Curacao Gaming Authority licence (OGL/2024/328/0599). It has a long track record, a large game lobby and a sportsbook, and player reviews are mostly positive about its reliability and fast crypto withdrawals. The main complaint is confusion over how its bonus pays out, not doubts about it paying winnings.
How does the Cloudbet bonus work?
This is the most misunderstood part of Cloudbet. The welcome is not a single match credited upfront. Instead it pays out gradually over your first month as daily cash drops and 10% rakeback, worth around $2,500 in total. Players who expect a lump sum get frustrated when they do not see it all at once. It is a fair structure that rewards ongoing play, but you need to understand it is drip-fed, not instant, before you deposit.
How long does a Cloudbet withdrawal take?
Cloudbet withdrawals are fast once approved, since they are paid in crypto rather than through banks. Fully verified accounts have no daily withdrawal cap, while unverified accounts are limited to roughly $2,200 a day. The main thing that slows a payout is a KYC request, which Cloudbet can trigger at any time under its anti-money-laundering rules, so keeping your documents ready avoids delays on larger cash-outs.
Can you use Cloudbet in the USA?
No. Cloudbet operates under an offshore Curacao licence and does not accept players from the United States. If you are in the US and want a crypto-friendly casino, the casinos at the top of this page are the ones we rate highest, and the page highlights the one that accepts players in your region.
How do I withdraw from Cloudbet?
Open your wallet, choose the cryptocurrency you want to withdraw, enter your external wallet address and the amount, and confirm. If your account is fully verified there is no daily cap; if it is not, you are limited to around $2,200 a day. A held withdrawal is almost always a pending KYC check, so completing identity verification clears it. Payouts are then processed on-chain and usually arrive quickly.
Does Cloudbet pay out for Bitcoin?
Yes, Bitcoin payouts are the core product: Cloudbet is crypto-only, supporting BTC alongside Ethereum, Litecoin, Tether, Bitcoin Cash, Dogecoin and others for deposits and withdrawals, with no fiat banking in the way. Verified accounts have no daily cap, so BTC winnings leave on-chain at network speed. The absence of bank rails is exactly why it suits players who already hold crypto and why payouts draw so few complaints.
What are the advantages of using Cloudbet?
Three structural ones: a track record running since 2013, longer than almost any crypto casino; no withdrawal cap for verified accounts, which most rivals can't match; and a combined casino plus deep sportsbook, so one balance covers both. The drip-fed bonus rewards regulars over bonus-hoppers. The honest trade-offs: no US access, no fiat banking, and a welcome structure that disappoints anyone expecting an upfront lump sum.
Does Cloudbet have KYC?
Yes, risk-based rather than upfront: you can register and play without documents, but Cloudbet can trigger identity verification at any time under its anti-money-laundering rules, and unverified accounts face a withdrawal cap of roughly $2,200 a day. Full verification removes the cap entirely. The practical play is to verify before a big win rather than after, because a KYC request mid-withdrawal is the one thing that slows this casino down.
What do Reddit reviews and complaints say about Cloudbet?
Reddit treats Cloudbet as one of the steadier crypto books: years of threads, mostly about odds and the sportsbook, with payout complaints notably rare for the sector. The recurring gripe is the welcome bonus structure, players expecting a lump sum and finding drip-fed daily drops and rakeback instead, which is a comprehension problem the casino could explain better. Complaints that involve held funds almost always resolve as pending KYC.
What are the advantages of using Cloudbet?
Three structural ones: a track record running since 2013, longer than almost any crypto casino; no withdrawal cap for verified accounts, which most rivals can't match; and a combined casino plus deep sportsbook, so one balance covers both. The drip-fed bonus rewards regulars over bonus-hoppers. The honest trade-offs: no US access, no fiat banking, and a welcome structure that disappoints anyone expecting an upfront lump sum.
Does Cloudbet have KYC?
Yes, risk-based rather than upfront: you can register and play without documents, but Cloudbet can trigger identity verification at any time under its anti-money-laundering rules, and unverified accounts face a withdrawal cap of roughly $2,200 a day. Full verification removes the cap entirely. The practical play is to verify before a big win rather than after, because a KYC request mid-withdrawal is the one thing that slows this casino down.
What do Reddit reviews and complaints say about Cloudbet?
Reddit treats Cloudbet as one of the steadier crypto books: years of threads, mostly about odds and the sportsbook, with payout complaints notably rare for the sector. The recurring gripe is the welcome bonus structure, players expecting a lump sum and finding drip-fed daily drops and rakeback instead, which is a comprehension problem the casino could explain better. Complaints that involve held funds almost always resolve as pending KYC.