CloudBet.com has been online and accepting bets since 2013, with its license and headquarters being based out of Malta. They have been an ever-evolving sportsbook, which has come with its own up’s and down’s over the years, especially regarding numerous amounts of player complaints regarding graded wagers. It is uncertain whether they will ever be on the same playing field as their competitor and fellow bitcoin-only sportsbook, Nitrogen Sports.
Regardless of the controversy regarding the aforementioned graded wager disputes, CloudBet.com still offers a plethora of betting options and sports markets for its customers, and they have a “decent” rating at SBR despite their shortcomings over some of those past player complaints. The site offers complete security and encryption for your account, and offers a very generous 1st time deposit bonus of 100% up to 5 Bitcoins, which is above and beyond what other BTC sportsbooks offer its players.
CloudBet also offers alternative gambling options for its customers, as they feature live sports options and both a standard online casino and a live dealer casino. The site also prides itself on the “Cold Storage” process of storing your bitcoins, which essentially protects your bitcoin deposits offline and “away from potential online threats.” I respect that kind of transparency from any online gambling site, let alone a site that deals in such a unique currency as bitcoin.