Cloudbet Bonus in February 2024
by Yunchu Li |
8.0 / 10
Best bonus : 5BTC
Type of bonus : Deposit bonus
Minimum deposit : 1BTC
Withdraw : Funds can be withdraw as soon as they are earned and added to your main balance.
Cloudbet Sign-Up Offer
When you register a new customer account at Cloudbet, in addition to the varied sports betting markets available at the site, you can also take advantage of the generous 100% Matching Welcome Bonus available at the site, up to the value of 5 BTC.
Table of contents
How to get the Cloudbet Welcome Offer
Cloudbet is one of the leading bitcoin bookmakers on the online market, with a wide range of betting markets available on a variety of different sporting events, all offered at highly competitive odds. All that you need to do to take advantage of all of these exciting offerings is register an account with the site, a process that you can complete in just minutes using just a few of simple steps.
- Click on one of the links we have provided to travel to the Cloudbet homepage
- Click on the green 'Join' icon on the top right side of the homepage to open the registration form
- Fill out your email address, password and date of birth in the form
- Activate your account using the link provided in an email by Cloudbet, and place your first deposit of at least 0.01 BTC - now you can begin betting with the site
My Cloudbet account: How to sign-up
It is thus evident that the process of registering a Cloudbet account is a simple one, and thanks to the nature of bitcoin, customer accounts at Cloudbet are largely anonymous. In contrast to traditional online bookmakers, you do not need to provide large amounts of personal information to the site to create your account - thus the process is more private. To begin registering your account, all you need to do is click one of the links on this page to be taken to the Cloudbet homepage, where you can click the green 'Join' icon.
1) Opening your Cloudbet account
By clicking this icon, you will open the Cloudbet registration form. In this form, you need only fill out three fields, and provide the site with the following information: a valid email address, your chosen password, and your date of birth. When you have completed the form, click the 'Submit' button, and move onto the next step.
2) Confirming your account
Once you have completed the registration form, you will be sent an email by the Cloudbet site, asking you to confirm your new customer account. To do this, just click the 'Activate Account' button - you will then officially be a customer of the Cloudbet site.
3) Deposit 0.01 BTC in your account
Once you have activated your account, you can place your first deposit into your new customer account, which must be of at least 0.01 BTC in order to qualify for the Cloudbet Welcome Bonus. To place a deposit, head to the dashboard of your new account, ensure that 'bitcoin' has been selected, and click the 'Deposit' button. You will then be provided with a ''Wallet address'' which you should copy. Next, open your Bitcoin Wallet, click 'Send' and paste the Wallet Address into the required field. Then all you have to do is choose the amount you want to send, and finalise the transaction. The transfer should be almost instantaneous, and you will be able to see your new bitcoin balance in your Cloudbet customer account when it has been completed. If you want to learn more about how to make deposits using bitcoin, you can visit the Cloudbet Blog.
4) Redeeming the Bonus amount, of up to 5 BTC, within 60 Days
Once you have placed your first deposit, you can begin to redeem your Cloudbet Welcome Bonus. The bonus amount that you are eligible to receive will be 100% equal to the first deposit you placed with the site, up to the value of 5 BTC. This bonus amount can be redeemed in increments - for every 150 loyalty points you earn, 0.001 BTC will be released into your account. These loyalty points are awarded based on the stake and price of any bets you place*, and you can see the amount of loyalty points required to receive the next increment, as well as your bitcoin bonus balance, on your account dashboard. You will have 60 days in which you will be eligible to redeem this bonus increments, after which any remaining bonus amount will be cancelled.
*Loyalty points = stake (in EUR) x price score, where price score is calculated as the square root of the odds (minus one when the odds are in decimal format), and the maximum price score is 1.
Cloudbet Bonus sign-up terms and conditions
As is the case with all sign up offers available on online sports betting sites, there are a number of terms and conditions attached to the Cloudbet Welcome Bonus. While there are not many conditions attached to this offer, you must meet them in order to ensure that you will be eligible to receive the bonus amount.
You must place your first deposit, of minimum value 0.01 BTC in order to be eligible to receive the bonus amount, which will 100% match the value of the deposit you place up to the value of 5 BTC. Once this deposit has been placed, you will have 60 days to redeem the full amount of your bonus.
You will not be credited with the bonus amount in full, it will enter your account in increments based on the loyalty points you earn from the bets you place. For every 150 points you earn, your account will be credited with 0.001 BTC of the overall bonus amount you are eligible for.
When you are granted with a free bonus, you must make a deposit of at least 1 mBTC before you can make a withdrawal of any winnings received. For details of the full terms and conditions of this bonus, you can visit our Cloudbet Promotion page, or the site's 'Terms and Conditions' page.
Our tips on how to use your maximum 5 BTC Cloudbet bonus
The main thing that you need to do to receive the Cloudbet Welcome Bonus amount is to continually place bets with the site, as for every 150 loyalty points you earn, you can receive 0.001 BTC of your overall bonus. It would be better not to rush into placing these bets, as you will have 60 days in which to receive the bonus amount. There are different strategies you can take to place these bets: to either wager high stakes or play it safe and place wagers with low stake amounts, and to choose bets with a low rate of risk for lower odds values, or go all out on riskier bets with high potential winnings.
To learn more about the bookmaker, don't hesitate to visit our full review of Cloudbet Nigeria for more details.
Getting the Cloudbet Welcome offer step-by-step
We have discussed the different steps required to receive the Cloudbet bonus, as well as all of the terms and conditions attached to the offer. We will now go over them once more, to ensure that they are clear in your mind, and that you will know exactly what to do to receive the Cloudbet Welcome Bonus.
What to do
- Complete the Cloudbet registration form, entering a valid email address, your chosen password, and your date of birth.
- Confirm your account to activate it.
- Place your first deposit with the site, of minimum value 5 BTC.
- Receive the bonus amount in increments of 0.001 BTC for every 150 loyalty points you earn by placing bets with the site.
What not to do
- Don't exceed the maximum bonus amount of 5 BTC when placing your first deposit, and be sure to meet the minimum qualifying amount of 0.0.1 BTC.
- Don't rush into placing bets to receive loyalty points, but be sure to redeem the full amount of your bonus within 60 Days.
Last review for the Cloudbet bonus checked the 26 February 2024 by SportyTrader with an overall score of 8.0 out of 10