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Discount | Description | Expiry Date |
---|---|---|
€2,000,000 | Pragmatic play drops and wins at Cloudbet: get bonuses of up to €2,000,000 monthly
| 2025-04-11 |
10% | Bitcoin Betting Bonus
| 2025-03-30 |
Every time you make a bet, you earn points. But it depends on how big your bet is and how big the price is or if you like the odds. The higher the odds, the higher the price.
They have loyalty points for Casino, Slot Games, Live Roulette, Blackjack and The Slotfather, but here we will focus on sports betting points.
Formula to calculate loyalty points for:
Sportsbook: loyalty points = bet (in mBTC) x price score (up to 1)
The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1.
LOYALTY POINTS = mBTC * (√odds -1)
What is the square root?
For example: 4 and −4 are square roots of 16. In our example, we must calculate √odds. So if the odds are 1.91, then we must first calculate: √1.95 = 1.396424004.
If you bet 0.01 BTC on the odds of 1.91, you can calculate loyalty points like this:
Stake = 0.01 BTC = 10 mBTC
Square root of 1.95 = √1.95 = 1.396424004
LOYALTY POINTS = 10 * (1.396424004 -1) = 3.964240044
In other words, when you place a bet with the bet of 0.01 BTC (10 mBTC) and bet with a probability of 1.95, then you win 3.964240044 points.
If you place 1,000 bets in 365 days with a probability of 1.95, then you will win 3,964, which is about 4,000 points. Since you get 0.01 BTC for every 800 points, you will earn 0.05 BTC in this example.
Please also note that you do not earn more points if you bet the odds, which are greater than 4.00 (+300 US odds). because the square root of 4 is 2. Then you calculate (√4 -1) = 2-1 = 1 and the rules say: 'The maximum price score is 1'. In other words, if you bet on odds over 5.00, then the price score does not increase. If you bet with odds of 5.00, 6.00, 7.00 and so on, your price score will always be only 1. That's why I recommend that you play odds of 4.00 or less.
Is that how it works. But let's make a realistic plan for how to earn the biggest bonus.
Well this is another question and I will try to make the best strategy for you.
What have we learned so far?
You can earn bonuses from the range 0.01 BTC and up to 5 BTC. The more you deposit the first time, the more you can earn. If your first deposit is just 0.01 then you can earn 0.01 in the next 365 days
Compete for your bonus in the first 365 days after making the first deposit.
You earn loyalty points and after earning 800 loyalty points you earn 0.01 BTC. This amount of bitcoins will appear directly in your bookmaker account. No need to ask, call or send them a special note. It is processed automatically.
Loyalty Points Formula = mBTC * (√odds -1)
TO WIN 5 BTC WELCOME BONUS, YOU NEED TO EARN 400,000 POINTS!
If you bet on odds over 4.00, you win no more points, and I personally recommend staying in the odds range of 4.00 (US odds +300) or less.
Let's take a quick look at Cloudbet's odds and its margins.
Sport | Margin |
NBA | 102.56% |
Nfl | 102.56% |
NHL | 103.63% |
SOCCER | |
TENNIS | 104.29% |
NCAAF | 104.71% |
NCAAB | 104.17% |
The best odds are in point games like basketball and football. I would stick with sports with the lowest margins. In other words, this will tell you how much money you lose each time you bet. Every bookmaker has margins and Cloudbet is among the best in the world. Especially if you bet on NBA, NFL, also MLB, NHL.
Flat strategy with a fixed participation of 2% of the initial bankroll
As you can see, if you are going to make a lot of bets and if you bet flat with 2% of the initial bankroll (full time over a period of 365 days), you will not earn 400,000 points, which we need for the 5BTC welcome bonus.
But this is still not bad, in fact it is very good. If you are not greedy, you can make between 1000 and 1500 selections in a year and you will continue to earn between 40,000 and 60,000 points, which is equivalent to 0.5 BTC to 0.75 BTC (in November 2017, bitcoin was worth around $ 7000 and therefore 0.75 BTC equivalent to around $ 5250. So even if you go for a safer strategy, you will earn the biggest bonus, because it is difficult to find another site, which will have a bonus of more than $ 5000. This is an option if you bet with cloudbet and you take a safer strategy.
Flat strategy with a fixed participation of 4% of the initial capital
If you take a slightly riskier strategy, you can earn 400,000 points if you place about 10 bets per day and if your average odds are around 2.50. At the same time, you should note that you do not lose the entire bankroll, which is very difficult since the high odds will also have higher ups and downs and with 4% per bet it will be difficult to survive this. But it is possible.
Proportional strategy: this is when you bet 3% of your current budget. Bet more after winning and bet less after losing, it depends on your performance.
To win this HUGE 5 BTC bonus, you will also need to make very good bets and you must make some bets. My betting models have the best results in basketball and baseball. You can get both methods in my A Journey Online Betting Course or you can get a separate Basketball method for a cheaper price here. I will take for this example my basketball betting performance (average odds of 1.91, performance: +14.14 on 394 picks) and my MLB baseball betting model and its best performance: playing odds between 1.75 and 2.9 (500 picks, + 105 units and the return of 10.14%) to see if we can earn a welcome bonus of 5 BTC.
If we adjust the numbers and take both records together: 887 bets, average odds: 1.99, performance: + 13.18%
This is an example, if I can make good bets. (Those are the bets with my best performance in 2017 (in basketball and MLB following only the model and the odds between 1.75 and 2.90))
The bets were made starting in February, when the basketball leagues were in full swing and until the end of the MLB regular season in October. So this is in the range of less than 365 days.
Let's take an ideal example, that you can recalculate the bet after each bet and you get 13.18% return on 887 bets. The performance will tell us that every time we make a bet, we can expect a growth of 13.18% in our example.
The Results: 500,486 loyalty points and your 5 BTC bonus is earned.
If you achieve 8% return on 887 selections and can recalculate the bet after each bet, you must play 4% of your current budget on each bet to achieve 410,959 loyalty points (400,000 loyalty points = 5 BTC ).
But this is the ideal image to get a better picture of how to earn this bonus and the chances of it reaching this are very small if you bet less than 4% on each bet.
Of course, if you bet 10% on each bet, you will make much bigger bets, but betting 10% is very risky. Even 4% is a risky business. In this case, you need a very good method, a betting model, or you simply need to be a very good bettor. Most of the bettors in the world are only 50% of bettors and they will not make profits in the long term due to the margins. There is another group of bettors, who have no strategy and bet a high percentage on each bet. These types of gamblers will need a lot of luck, perhaps it is better to play roulette or the casino if they want to gamble, after all Cloudbet has a very good casino site. There is a small percentage of winning bettors, who have a long-term strategy and are profitable over the years. Most of them will achieve less than 5% return. You can earn a great bonus here. They may not reach 5 BTC, but even if you earn just a 0.5 BTC bonus, this amount of money is very high compared to bonuses from other sites. And there is a very small percentage of bettors, who can get a 10% return on over 1000 selections in a year and they will even need little luck to earn a 5 BTC welcome bonus.
Based on this Cloudbet review, the platform looks pretty impressive for sports betting bets and live casino games. The welcome bonus is quite lucrative and the selection of a variety of important and marginal sports makes the platform globally popular. It has good user reviews on authentic websites like TrustPilot, and its acceptance of Bitcoin makes it the most unique.
Welcome to my review of Cloudbet Casino, one of the best places to play online. I've been talking about a lot of crypto casinos recently, and Cloudbet is one of the recent additions that I want to mention. As a game place, I assure you that Cloudbet has a very good figure. Everything the operator had to do to establish itself as a trusted brand has been done. I am particularly happy with the design and, more importantly, with the 'substance' of the casino.
Every casino deserves a great bonus: Cloudbet is no different. In the welcome offer, players find the opportunity to earn up to 5 BTC distributed. I've tried the process myself and I can confirm that everyone who prefers cryptocurrencies will find the casino, and the bonus, amazing. After signing up, all you need to do to claim the bonus is deposit 0.01 BTC to qualify. I had no problem depositing, and my BTC was momentarily accepted. It was also a great relief, because you know how some operators experience problems with their payment system. Well, not Cloudbet. You will then be rewarded with 100% of the bonus amount, but additional funds will be released in increments.
Cloudbet has a very interesting approach to the entire welcome bonus system. Alright, so this is what I tried and found to work. Just like in a poker room, your bonus is released and awarded for reaching a certain milestone. In this case, you must accumulate loyalty points, which unlocks the bonus funds. I consider this to be a fairly innovative approach and a great way to combine successful bonus practices across different segments of the online gaming experience.
The bonus is released at a rate of 0.01 BTC for every 800 loyalty points that it accumulates. However, the best part is that you have 365 days to release the full amount of the bonus. That is useful and definitely worth it.
I took a look to make sure you have enough decent promotions to choose from. Now, there are many of them. Win-Win Wednesday offered me a 20% bonus and up to 50 mBTC, a small amount, in fact, but which nevertheless helped me increase my bankroll. Later in the list, I had Turbo Thursday for a 100% load bonus. Again, the amount is up to 50mBTC, but that's not a bad thing.
If you love to play on Mondays then the Money Back Monday promotion will definitely be what you need. Get 25% on any return loss! Rotation Tuesday is there to help with a free spin for every 2 mBTC bet a player makes.
In addition, there are slot tournaments, which award 1,300 free spins, and Table King, which will offer you 250 mBTC if you prove to be the best table game player.
Cloudbet Casino bonus codes do not appear in the casino. The reason is quite simple: instead of having to search for specific codes, you can click on the promotion you want to take advantage of. This, the casino believes, is a better and more intuitive way to allocate bonus funds. I must admit that I agree.
Any crypto casino these days will come with one key feature: mobile compatibility. We are all used to having access to some fantastic gameplay options and being able to play on the go. Well, Bitcoin casinos have achieved the same realization. That is why Cloudbet Casino works perfectly fine from any portable device. I have had the pleasure of trying through some gadgets myself. So, I took out my Android and iOS smartphones and had a thorough review of the website design.
I noticed that the design had been done very intuitively, so I had no trouble navigating any of the functions. Admittedly, you have to scroll a little bit more overall, but that's not a big deal at all. Tablets are my true passion, to be honest. Yes, that takes up a little more space in my backpack. But it also gives me a slightly better gaming experience, mainly because I love having more screen space.
It is good to have a live casino. Cloudbet has introduced three main types of Evolution Gaming games. As a result, you can play Roulette, Baccarat, and Blackjack. Each game is played in the company of a charming young woman. I played both from the desktop version and from the mobile version and I was delighted to discover that everything worked quite smoothly. The minimum BTC is displayed right in front, making it very simple to choose a game that is within your budget. However, a word for the wise here. Since most values will be displayed as BTC 0.0010000, you may want to use a calculator to keep track of how much you represent in FIAT currency.
Cloudbet Casino focuses exclusively on BTC games, so I was naturally very excited to find out who the developers were. After reviewing the portfolio, I was able to identify the following providers: Ezugi, Vivio, Microgaming, ELK Studio, Betsoft, Play'n Go, and many others. Each of these names represents a brand that has proven itself time and time again.
Cloudbet has also added an interesting twist to its portfolio. While you can search for all the information you need about a game in the demo version, Cloudbet has decided to offer a drop-down menu that immediately reveals the features available in each title. Specifically, you familiarize yourself with the story behind each title and can choose between playing for real money and the free version. The free game is specifically designed to help you get into the game and study the available features.
Outside of the games here, I enjoyed all the ones I played. I can honestly recommend Valkyrie, Ave Caesars, Good Girl Bad Girl, Tiger's Gold and Legend of Cleopatra. On top of that, there are other cool games like Book of Gold Classic and Dwarfs Gone Wild. Similarly, you will find Ecuador Gold as one of the most modern titles worthwhile.
Cloudbet Casino is a complete Bitcoin casino. In other words, you will be able to enjoy fast deposits and even faster cash outflows thanks to cryptocurrency. All deposits will be completed instantly, and withdrawals will go through a very quick verification process. I am already familiar with crypto wallets, but for those of you who are not, there is nothing to worry about. Just go to the cryptocurrency's official Bitcoin page and choose an exchange and wallet that you think suits your needs. As long as it is recommended on the official website, you don't have to worry about a thing.
As a crypto casino, Cloudbet already offers a level of security that is above the expected level. All transactions are faster than in normal casinos, and you will also benefit from complete anonymity in the way financial transactions are settled. The casino is encrypted with SSL, which means that no information is it is accessible to any unauthorized party.
Cloudbet offers two main ways to contact customer service. First, you can use the live chat option, which is the fastest. Just click on the "support" icon, which is floating on the right side of the monitor. If you prefer to take some time and put your question in writing, just send an email to support@cloudbet.com. Cloudbet maintains a very open and friendly tone and channel of communication, so you can always trust them. If you have something you're not completely sure about when it comes to Bitcoin, feel free to ask.
Today, I suggest that we focus on several things. We cover bonuses, casino games, available banking options, security and general impressions. You can decide if you want to join too. But hey, if you do, I'm certainly close! Direct to review now.
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*Play responsibly:
• Not for under 18s
• Gambling can lead to loss of money.
• Chances are you're about to lose.
• Gambling is not an investment.
• Gambling can be addictive.
• Gambling is an adult matter.
And this is not so difficult to achieve. If you make a deposit of 5BTC and your initial bet size is 2%, your initial bet is 100 mBTC. After 21 bets, you will already earn your first bonus, which will be 0.01 BTC (10 mBTC). This is also a great motivation to bet more and continue betting with discipline and patience.
Cloudbet's welcome bonus is excellent, because you earn a bonus slowly and if you risk a little more and if you have a good year, you can also reach the welcome bonus of 5 BTC. I wouldn't take a risky strategy, but I'd bet on a safe strategy and focus on my bets. But if your goal is to hit a 5 BTC bonus, you'll need to take a little more risk. Bet big, recalculate bets every day and make lots of bets in 365 days, this is how you can earn a full 5 BTC bonus.