Cloudbet Review: Old-School Crypto Casino, Closed to US and UK Players
Cloudbet has taken Bitcoin since 2013, holds a Curacao licence and promises crypto withdrawals within 24 hours of approval. We read its terms line by line: US and UK players are barred, and KYC starts at $2,200 in deposits.
Our verdict
Cloudbet is a long-running, crypto-only casino with a real licence number, flat network withdrawal fees and verifiable provably fair games. It is a reasonable home for large Bitcoin balances, but its own terms exclude the US and UK, require ID at $2,200 in deposits, and allow a handling charge of up to 5%.
Best for: Players outside the US and UK who want a veteran Bitcoin casino
- Price
- Free to join
What we liked
- Operating since 2013, with a named Curacao licence (OGL/2024/328/0599) in its terms
- Flat network fees only: 0.00000441 BTC on a Bitcoin withdrawal, no deposit fees
- Crypto withdrawals typically processed within 24 hours of approval per its terms
- Provably fair games with a published verification method using SHA3-256 commitments
- Over 2,500 games, including 250+ live tables, according to casino.org
What held it back
- Players in the United States and the United Kingdom are barred by Clause 7.1.3
- ID verification is triggered once cumulative deposits reach USD 2,200
The first thing to know about Cloudbet is not in its marketing. Clause 7.1.3 of its terms lists the countries whose residents may not play, and the United States and the United Kingdom are both on it. If you read this site from either, Cloudbet is not for you, and no amount of Bitcoin speed changes that.
For everyone else, the question we set out to answer is narrower: is one of the oldest crypto casinos still a safe place to park a large Bitcoin balance? We read the terms, the fee tables and the fairness pages in full. We did not run a deposit through it for this write-up, so every number below is taken from Cloudbet's own documents or a named outside review, and we say which.
What the paperwork says about who is behind it
Cloudbet's terms name the operator as Halcyon Super Holdings B.V., Willemstad, Curacao, licensed by the Curacao Gaming Authority under OGL/2024/328/0599, issued on 27 May 2025. Casino.org dates the brand to 2013. A licence number you can look up is more than some crypto sites give you, but Curacao oversight is lighter than a UK Gambling Commission licence, and you should price that in.
There is also a practical point about crypto-only sites. You cannot dispute a card payment with your bank, and a blockchain transfer cannot be recalled. Everything rests on the operator's terms, which is exactly why we spent our time in them.
The welcome offer is a drip, not a cheque
The banner promises up to $2,500 in cash rewards for a first deposit. Casino.org describes the older mechanism: a 100% match up to 5 BTC where funds are released in 0.001 BTC steps for every 150 points you earn, over 60 days, using a formula that rewards low-RTP play. Cloudbet gives no simple rollover multiplier. That is why we would treat the headline figure as a ceiling and not a gift, and why you should read the current offer terms before you deposit.
