Cloudbet review for crypto players in the Philippines

Welcome bonus & other promotions for players in the Philippines

When it comes to welcome packages Cloudbet really rolls out the red carpet… we think. We say that as the terms and conditions are very unclear. The promotion highlights that you can earn up to $2500 over the first 30 days after creating your account. Not only that, you can rakeback 10% of your losses and receive a daily cash drop. Sounds great, doesn’t it?

However, what’s unclear is how you actually accumulate the bonus. It says ‘It’s a cash accumulation of all your activity over the period of 30 days.’ But that’s like saying ‘How long is a piece of string?’. How do you know what you’re actually accumulating before signing up? The concept of the bonus is great and very unique, however, Cloudbet just needs to be a little clearer on the terms and conditions. One thing that is clear though is that any bonus money you do earn is yours to keep and has no wagering requirements attached. 

Cloudbet only has one other promotion aside from the welcome package which may appear quite odd. However, it’s a very good one that is almost tailored to you.

Cloudbet Rewards

Cloudbet Rewards is like the Rolls Royce of the bookmaker loyalty programs. Every single bet you place, a percentage of it goes into two pots. The first is your Cloudbet wallet and the second is your Rewards Calendar. You can unlock rewards on your calendar up to three times per day. You will then have 12 hours to use that reward before it expires. Cloudbet being, well Cloudbet, doesn’t actually tell you how you unlock these rewards. But after testing the platform out ourselves we can confirm you do this by depositing and placing bets.

There are eight VIP tiers and the higher you go, the greater the rewards you receive. The top tier is Blue Diamond and it’s so exclusive that you’re not even told what you get! That secret is only available to Blue Diamond members. Unfortunately, after testing the platform for the past few weeks we didn’t manage to reach that level ourselves. 

Cloudbet is available in the Philippines and other locations

Cloudbet is available all around the world with the exception of 18 countries only. These include Australia, China, Germany, Spain, the USA and the UK. Oddly, that is also the number of languages that Cloudbet supports too. Some of the languages supported are English, Spanish, Indonesian, Turkish and Polish.

The good news is, if you’re a Filipino player it shouldn’t be a problem subscribing and using Cloudbet as your platform, since it’s available in our country.

Security and license info

Is Cloudbet really safe? Well, we’ve also checked the license info.

Cloudbet holds two gambling licenses with E-Gambling Montenegro and the Curaçao Gaming Control Board. Both licenses ensure that Cloudbet follows various gambling laws with the aim of keeping you and both your personal and financial data safe.

As you can imagine being a crypto-based platform, it’s highly secure. We even found creating a password to be a challenge as it kept telling us that the ones we created weren’t strong enough. However, we use the same ones on many platforms and they work fine. That gives you some indication of how seriously they take security at Cloudbet. 

However, there’s one point missing: we haven’t found the PAGCOR license, which is the state-issued certificate that online sportsbooks and casinos receive from the Filipino state. Luckily, the presence of both E-Gambling Montenegro and Curaçao licenses can adequately compensate for this relevant absence. 

Cloudbet deposits and withdrawals

Cloudbet accepts both traditional and crypto payments and therefore caters to a wider audience. And with the number of countries they provide services to, it is no wonder. Although technically you can only gamble with cryptocurrencies they do allow you to purchase crypto on their platform.

Being one of the most advanced crypto sportsbooks in the Philippines, it’s one of the best if you’re looking to make your purchases, bets and withdrawals using cryptocurrencies. There is a similar platform when it comes to cryptocurrencies: please check the BC.Game review or Coins.game review we have prepared specifically for Filipino players.

The variety of payment methods is good and the processing times are some of the best in the business. The downside is there are some fees on certain withdrawals, but you can anticipate them by looking at all the methods available directly on their website.

Deposit options

Cloudbet accepts 16 different payment methods and all of those methods offer the highest level of security for a Filipino user. Although they don’t accept eWallet deposits, there is enough variety, meaning you should find a method that you use. 

Some of the cryptocurrencies accepted are:

• Bitcoin
• Bitcoin Cash
• Binance Coin
• Dogecoin
• Ethereum 
• Solana
• Ripple
• Litecoin.

You can also purchase crypto on the Cloudbet platform using the following methods:

• MasterCard
• Visa
• Apple Pay
• Google Pay.

Withdrawal options

You can only make withdrawals using a cryptocurrency. However, with fast processing times, it often means you have the funds in your crypto wallet on the same day as your request. This is obviously dependent on what time of the day you make the withdrawal request. 

Most withdrawal methods come with transaction fees and they vary depending on what cryptocurrency you’re using. They have a page dedicated to this on the website. We recommend reading this before making any deposits or withdrawals.

Some of the cryptocurrencies you can use are:

• Bitcoin
• Bitcoin Cash
• Binance Coin
• Dogecoin
• Ethereum 
• Solana
• Ripple
• Litecoin

Sportsbooks available on Cloudbet for Filipino users

There are just under 30 different sports categories to bet on at Cloudbet, which is slightly above the industry average. So, out of all of the best online sportsbooks available in the Philippines, Cloudbet positions itself high above average. This means that Cloudbet outranks some of the best online bookies such as Bet365 and 22bet. 

You can bet on mainstream sports like soccer, baseball and basketball as well as other sports such as squash and bandy. The sports list is segregated well and finding which sport you’re after is easy.

Cloudbet also has a whole section dedicated to eSports. There are just under ten different ones to bet on. Included in the list is Call of Duty, Counter-Strike, Dota 2 and Fifa. You can also bet on a decent amount of virtual sports too.

Markets to bet on

Cloudbet really is a worldwide sportsbook as the number of leagues, competitions and events they cover is almost incomparable. However, the markets within each match or event are somewhat limited, meaning that you won’t get the chance to make hyper-personalized bets or very complex, almost picky, predictions. With that said, you will still find a good mix of markets, it’s just that the list won’t be extensive. 

Betting odds

The odds provided by Cloudbet on many markets we checked were pretty much all competitive. While they rarely matched the industry’s best odds on most events, they were much closer to the best rather than the lowest. And this was across the board, which shows great consistency.

Live betting

The live betting section is in-depth and they offer in-play betting opportunities on a large list of sports and events. The section looks different than many other platforms but we found this refreshing.

You can monitor many other live events while focusing on a particular matchup which is a nice touch as you never have to miss an in-play opportunity. Our one slight worry is how slow the website runs. It could mean you end up missing the odds that you want or maybe worse, the in-play opportunity itself.

Casino

Yes, if you get tired of placing bets on sports and teams, there’s always the casino with its games.

The Cloudbet Casino isn’t the biggest you will come across but they have a decent amount of variety. You can find plenty of slots, table games, and virtuals to play and bet on. There is also a high roller section where the stakes are higher. Everything is separated well and it’s easy to find what you’re looking for. They even let you search by themes such as ‘Action’ or ‘Egyptian’ which is pretty cool.

Some of the best games we came across when playing included the following:

• Cloudbet Blackjack
• Crazy Time
• Book of Rebirth
• First Person Standard Blackjack 
• Sisters of Oz WOWPOT.

Cloudbet also has a live dealer section that offers Baccarat, Blackjack and Roulette. The games are brought to you by top game developer names such as Evolution. These types of developers don’t just partner with anyone and are always seen as a stamp of approval within the online casino gaming industry.

Online betting experience – an analysis

It’s all well and good if an online betting site has fantastic bonuses, offers amazing casino games and competitive sportsbook odds, but if the platform doesn’t perform well, it counts for very little. Here, we look at things like the mobile betting experience, customer service and how the website performs overall and that is where we will begin.

Website experience

Unfortunately, the website itself is what lets Cloudbet down. We found it to be extremely slow and even quite unresponsive at times during our testing. This makes the platform far from ideal for those who like to partake in live betting. If we had to recommend a website for its speed, we would invite you to check our 1xBet review, where you will see that their platform has a very good feel and technical speed.

However, with that said, everything is well organised, so you can make up some time by not having any search difficulties. The web pages are predominantly black with white text. It makes it easy to read but is quite unimaginative. 

Mobile betting and betting app

There isn’t a Cloudbet app but you can access the platform on your mobile device and to be honest, it probably works better than via your desktop (although that isn’t hard). You can access the casino and sportsbooks on your mobile device as well as deposit and withdraw and contact customer services. You can even register for an account via your mobile device if you don’t have one.

Customer Service 

The customer service team at Cloudbet was polite and helpful. We found their knowledge to be very useful when clarifying some of the terms and conditions associated with their bonuses. However, they weren’t always very responsive at times.

Cloudbet review summary

Cloudbet is a great bookmaker and we love that they really do reward your loyalty through their rewards program. They will appeal to those looking for a sportsbook and casino all under one roof or those wanting to bet on a variety of eSports. Cloudbet will also appeal to high rollers as they appear to take some large bets without much hassle of waiting for approval.

They won’t appeal to those who want to bet in-play or those who like to bet on an event at the last minute. This is simply down to how slow the website is. And unfortunately, we’re not talking about the odd page here and there, virtually every page took long to load. 

That’s it for our Cloudbet review. If you want to give it a try, it’s surely worth it. Also, feel free to explore our remaining sportsbook reviews available at bookmakersph.com!