Regarding bonus offers, Cloudbet Casino is quite different from most crypto casinos. They have only one welcome incentive for new players: the Cloudbet first deposit bonus of 100% up to 5 BTC that you can use only in the casino. Besides, you can comfortably utilize the bonus whether playing from the web version or Cloudbet mobile.
By default, you won’t receive free spins from this Cloudbet bonus. However, signing up via our links gives you exclusive access to 100 free spins with a $50 minimum deposit and a 30x wagering requirement.
Although the 30x wagering for free spins is relatively low compared to the average first deposit free spins offered by other Bitcoin casinos, the wagering requirement for the matched part can get tricky.
Here’s the thing: Cloudbet casino doesn’t give you a straightforward number. Instead, they want you first to wager your deposit, and you’ll get a portion of your match bonus unlocked for every specific amount you wager. Once the bonus is unlocked, the money is all yours and needs no further wagering.
Here’s how to calculate when and how your bonus unlocks:
Welcome Bonus Points = Converted Stake x 0.008 x (100-RTP)
Note that you get $20 of the bonus money released for every 150 points collected. Let’s break this formula down for you in the next paragraph.
In the formula above, you can note that games with a lower house edge will earn you fewer points since they’re less risky. Suppose you deposit $20. You’ll earn 150 points by wagering $4,687.50 by playing a game with an average RTP of 96%. Simply put, you must wager your deposit 234x before your Cloudbet welcome bonus is unlocked, which is a huge number compared to other Bitcoin casino bonuses.
This Cloudbet casino bonus isn’t the best due to its unfavorable terms, and we recommend you skip it and go straight to regular bonuses, which are much better.
How to Use Your Cloudbet Signup Offer Like an Expert
To effectively utilize this Cloudbet casino bonus, here are some hands-on expert tips:
- Thoroughly read the terms and conditions: Besides the abnormal wagering requirements, ensure you take your time to read these Cloudbet Casino bonus terms before accepting the offer.
- Be realistic: 5 BTC is a massive amount of money, but have you considered if you can access all that credit? A considerable first deposit might be more reasonable to ensure you can utilize the credit you receive.
- Consider time limits: Although the time limits for this deal are pretty relaxed, it’s essential to have them in mind. Remember, you only have limited time to redeem your promotional credit, and it would be a shame to let it slip away unused.
- Choose your cryptocurrencies wisely: Cloudbet Casino supports around 30 cryptocurrencies, each varying in volatility. Ensure you deposit with one of the more established cryptocurrencies to ensure stability. After all, nobody wants to wake up one day and find their crypto deposits vanished into thin air!
- Stick to slot games: Crypto slots have a better return to player (RTP) ratio than Bitcoin table games, as indicated in the Cloudbet welcome bonus wagering conditions. By focusing on playing slot games instead of table games, you’ll be able to meet the wagering requirements quickly.
Other Cloudbet Casino Bonuses
Every Tuesday, you can get 20 free spins by depositing a minimum of 20 €. The wagering requirement is just 25x and is one of the lowest you’ll come across for deposit-free spins.
Cloudbet Marketplace Bonuses
Cloudbet Casino has a unique invention called the Marketplace, where you can access preset Cloudbet Casino bonuses or, even better, customize your own.
Customized bonuses are great since they let you choose what works best. Here’s what you’ll find in the Marketplace:
- Free spins in any game of your choice with zero wagering. You can even select the bet amount.
- Free Bitcoin live casino bets with zero wagering where you can choose the bet size.
- A casino bonus with up to 30x wagering.
- A sports bonus.
Getting these bonuses requires meeting specific requirements, which may be high. However, once you obtain them, the conditions are fantastic.
Cloudbet Casino is the best option if you like customizing your bonuses or wouldn’t mind playing with many crypto casino bonuses. If you prefer regular welcome bonuses and weekly promotions, we recommend other top Bitcoin casinos, for example, FortuneJack.
Cloudbet Welcome Bonus Alternative Sites
Due to Cloudbet’s wagering requirement restrictions, we would like to recommend Cloudbet Casino alternatives with huge bonuses and better wagering.
One of the best sites like Cloudbet is mBit Casino. This online gambling site offers a 175% up to 2 BTC + 300 free spins first deposit bonus and a 5 BTC welcome package + 525 free spins, with at least 100% match percent and 40x wagering.
Second on our list is FortuneJack Casino. It offers 110% up to 1.5 BTC + 250 free spins first deposit bonus, and a 6 BTC welcome package + 350 free spins, with at least 100% match percent and 30x wagering.
The Cloudbet bonus is exclusively offered to new customers signing up for Cloudbet for the first time. It is a first deposit bonus, and you should read and understand the terms and conditions before utilizing it. Remember, you can use this welcome bonus on Cloudbet mobile and web versions.
The minimum deposit in the Cloudbet bonus is $50 or its equivalent in the over 30 supported cryptocurrencies.
The minimum wagering in the Cloudbet casino bonus is 30x.
Dickson | Content Writer