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Cloudbet Bonus Code Canada 2024: Check Latest Sign Up Offer

Cloudbet Sign Up Offers for 2024

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Cloudbet Casino GamesLet’s start with the headline news: Cloudbet has a fantastic welcome bonus for players in Canada. Want to know more? Then read on to discover how you can get a bonus of up to 5 BTC when you join Cloudbet.

Our Cloudbet Canada bonus review here at GamblingGuy will tell you everything you need to know about this superb offer. Our mission is to put you in the best possible position to claim this fantastic Cloudbet Canada bonus successfully and enhance your experience on the platform.

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Halcyon Super Holdings BV
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  • Bonus Offer
  • Bonus Wagering
  • Bonus Withdrawal
  • Rewards & Loyalty Program
Last Updated on 08/07/2024
Fact checked by: Dean Johnson

Introduction to bonus offers

Online gambling bonuses come in all shapes and sizes, but the most common type of bonus is a welcome offer. These welcome offers are used by operators to attract new customers and add extra value to their accounts.

Welcome offers can involve free bets, free spins and/or cashbacks, but in the case of the Cloudbet welcome bonus, new players can claim a 100% matched deposit bonus of up to 5 BTCs. And if that is not enough to pique your interest, Cloudbet also has an attractive loyalty program that rewards you for regular play. So read our Cloudbet Canada bonus review to discover exactly what’s in store for you when you join Cloudbet.

Step by step guide to using the Cloudbet welcome bonus

When claiming offers, it is important to know what’s involved and to take your time to do it correctly. Failing to do this can lead to the bonus not being awarded. To help ensure this does not happen, we have put together the steps for claiming the Cloudbet welcome bonus. Follow them and you should be just fine!

Register at Cloudbet

Naturally, your starting point is to open a new account at Cloudbet. This is very straightforward, but it is important to remember a couple of important details. Firstly, there is no Cloudbet promo code to enter when you sign up, nor is there a box you need to tick in order to claim the Cloudbet welcome offer. Secondly, you will need to provide a few personal details and a copy of a government issued ID when registering your account.

Make a deposit

This can be done via the cashier section of the Cloudbet website. Here, you can select the cryptocurrency you wish to make a deposit with. Cloudbet currently accepts a number of different cryptocurrencies, so your bonus will vary depending on your chosen currency. For example, if you are using Bitcoin, the minimum deposit you can make is 0.001 BTC and the maximum to qualify for the bonus is 5 BTC.

Get your bonus

Once your deposit has been made, Cloudbet will automatically add a 100% matched bonus to it. So, if for instance, you deposit 3 BTC, Cloudbet will add another 3 BTC to your account, thus giving you 6 BTC to play with. In the balance section of your Cloudbet account, you will be able to view a breakdown of your funds, based on the withdrawable and bonus amounts.

Use your bonus

Your Cloudbet Canada sign up bonus can be used on any of the games or sports betting markets at Cloudbet. However, unlike most online casinos in Canada, there are no specific wagering requirements for your bonus funds. Instead, the bonus funds convert into real funds when you accrue loyalty points. For every 150 points you earn, 0.001 BTCs are released from your bonus funds. The number of points you earn depends upon the games you bet on and the size of your stakes.

How to take advantage of the Cloudbet welcome bonus - use our expert tips

Now that you know how to claim the Cloudbet welcome bonus, let’s help you make your experience as positive as possible. Our experts have put together five essential tips for doing exactly that:

Gamble as you normally would

It can be tempting to throw caution to the wind when using bonus funds. After all, you cannot lose any money, so why not take a chance and place some outlandish bets? Unfortunately, that approach is likely to result in you quickly losing your bonus funds. Instead, you should try and use your bonus funds in the same way that you would use normal funds. That means sticking to markets and games that you are familiar with, doing your research and using stakes you are comfortable with.

Read the small print

Ok, this can be a bit boring, but reading the small print of the Cloudbet welcome bonus is highly recommended. That is because, like all gambling promotions, the Cloudbet welcome bonus is subject to alteration at any time. These alterations could impact upon the games or markets that are eligible for the offer, as well as the stake sizes you can use and the expiry date of the bonus funds.

Take your time

One element of our Cloudbet review for Canada that we especially loved was the fact that you have 60 days to use your bonus. That means you do not have to dive in and play the first casino game you see or bet on a sports fixture taking place that week. Take the time to thoroughly explore the games and markets available to you. Who knows, you may discover your new favourite online slot game or an excellent value betting market. 

Check the fixture list

If you prefer to bet on a specific sport or league, then it makes sense to sign up to Cloudbet at a time when that event is in season. For instance, if you are a big NFL betting fan, then joining Cloudbet in March would mean that you are unable to place any bets on your favourite league. Signing up between September and January is a far more sensible option.

Track your wagering

Make sure you regularly check your personal account information at Cloudbet. This is where you will find details of your progress. If you are close to completing the bonus, you may wish to use smaller stakes in order to ‘protect’ your winnings and reduce the risk of you losing bonus funds.

Frequently asked questions - what else can we tell you about the Cloudbet bonus?

By now, you may have a few questions on your mind about using the Cloudbet welcome bonus. Here are some of the most common questions, answered by our experts:

Which cryptocurrencies are eligible for the Cloudbet welcome offer?

At present, the Cloudbet welcome bonus can be claimed regardless of which cryptocurrency you use for your first deposit. The list of accepted crypto at the current time includes Bitcoin, Tether and Ethereum.

When does the Cloudbet bonus expire?

From the time you make your first deposit at Cloudbet, you have 60 days to use your welcome bonus. After this point, any remaining bonus funds will be removed from your account.

Do I need a Cloudbet promo code?

No. You won’t need to enter anything like the Thunderpick promo code that we found in our review of their site. However, this may change in the future. If a Cloudbet promo code is introduced we will update our guide. For now, you’re good to go without one!

Is the Cloudbet welcome offer for new customers only?

Yes. As is the same with other operator bonuses, such as the Luckbox promotions, if you already have a Cloudbet account, then you will be ineligible for the welcome bonus.

When can I withdraw my bonus funds?

As soon as any bonus funds have been converted into standard funds, they can be withdrawn. Please note that the minimum withdrawal you can make from Cloudbet is 0.001 BTC or the equivalent amount using other cryptocurrencies.

Discover the Cloudbet loyalty program’s Lightning Points

If you are an existing customer at Cloudbet, you can benefit from the operator’s exclusive loyalty scheme. This scheme has six tiers that you can progress through based on the amount that you play at the site. Here’s a look at how it works.

Lightning Points

For every sport bet you place or casino game you play, you receive Lightning Points. And the more Lightning Points you earn, the greater your chances of moving up the reward tiers.

If you are in the first tier, called Bronze, you can take part in the ‘Free Spins Tuesday’ offer, which awards you 20 free spins when you deposit and play the equivalent of $20 on a specified online slot game.

As you move up through the tiers, you become entitled to receive more and more rewards. For example, the fourth tier, Emerald, comes with bespoke bonus offers and priority customer support options, while the very top tier, Ruby, gives you a personal account manager.

Marketplace Rewards

Not only do Lightning Points allow you to progress through the six tiers, but they can also be converted into Marketplace Rewards. When you reach specified points thresholds, you can convert your points into free spins and other bonuses.

Please note, this element of the loyalty program is only open to invited customers at present. However, Cloudbet has stated that it will become open to all players in the future. We’ll update our review when more information is available.

Cloudbet Casino Bonus

Cloudbet Canada welcome bonus

The Cloudbet Canada welcome bonus entitles you to a 100% matched bonus of up to 5 BTC on your first deposit at the site. Below, we will talk you through how to use this bonus, so read our instructions carefully as doing so will optimize your chances of success.

Cloudbet welcome bonus in reality

The process for claiming the Cloudbet welcome bonus could not be easier. As soon as you sign up for the operator and make your first deposit of up to 5 BTC, Cloudbet will automatically apply a 100% bonus to your account. You can view your bonus balance via your player dashboard, which is accessible from the main menu.

Bonus withdrawal

For every game you play with your welcome bonus you are awarded a set of points. When you reach increments of 150 points, an element of the bonus is released to your main account balance. For example, if you are using Bitcoin, 0.001 BTC is released for every 150 points you accrue.

The amount of points you gain varies from game to game. Slot games earn you the most points, whilst table games such as blackjack earn far fewer points. You can monitor your bonus balance via your player dashboard, which is accessible from the main menu.

What to avoid when claiming the Cloudbet welcome bonus

When using the Cloudbet welcome bonus, you need to be aware that you have 60 days in which to use the bonus funds. After this point, the funds will be removed from your account.

You also need to consider the fact that different games have different contributions towards your wagering. If you are playing a table game such as roulette, you will find that you need to complete a lot more wagering than if you are playing an online slot game. We highly recommend that you regularly check your balance information to stay on top of your wagering progress.

Verdict on bonus - Our thoughts on the Cloudbet welcome bonus

This is one of the most attractive online casino offers you will find. Like all of the best online casino bonuses in Canada, it is easy to claim and simple to use. Whilst the weighting of the games in terms of their wagering contribution varies, you can use your bonus on any game in the casino. This gives the bonus an edge over many other casino promotions, which require you to wager on specified games.

Another excellent element of the Cloudbet welcome bonus is that it has a 60 day expiry. This gives you plenty of time to work through the bonus and look for the best ways of using it. Overall, this is a highly attractive casino promotion that can really kickstart your Cloudbet gambling experience.

Cloudbet Sports Bonus

Bonus intro - Add value to your sports betting at Cloudbet

After completing the Cloudbet welcome bonus, sports betting fans can add extra value to their account by taking advantage of the ‘zero margin’ games that are regularly on offer. These ‘zero margin’ games tilt the odds firmly in your favour by not having a vig applied to their odds. In other words, the odds are enhanced, as Cloudbet is not putting a profit margin on them.

Reality test - It could not be easier

While many sports betting offers require you to enter a promo code or tick a specific box, that is not the case with the ‘zero margin’ promotion at Cloudbet. All you need to do is visit the sports betting section of the operator website and look for fixtures that have a yellow tick next to them.

Bonus withdrawal - No wagering requirements

Aside from their enhanced odds, betting on ‘zero margin’ games works in exactly the same way as betting on standard markets. That means any winnings you accrue can be withdrawn immediately by the usual method, as soon as they are in your account.

Pitfalls to avoid when claiming bonus

Upon looking at the terms and conditions of the ‘zero margin’ offer, we discovered a couple of key issues that you need to be aware of. First, your winnings from the offer are capped at $1000 per bet, so make sure you factor that in when assessing the markets. Secondly, the offer is only available to the first 1,000 players to bet on each game. So if you see a ‘zero margin’ game, make sure you place your bets as soon as possible.

Verdict on bonus - A great way to enhance your sports betting

This Cloudbet betting bonus is extremely easy to use and can give your potential winnings a massive boost. It works in pretty much the same way as a standard enhanced odds promotion and makes for some hugely appealing betting options.

Cloudbet Esports Bonus

Bonus intro - make use of those welcome bonus credits

Although there is not a specific Cloudbet esports bonus, you can enhance your betting experience by claiming the operator’s welcome bonus. As you work your way through the bonus, your funds convert into Bitcoin (or other cryptocurrency) when you reach certain thresholds. These funds can then be used for esports betting.

Reality test - Claiming and using the welcome bonus

Redeeming the Cloudbet welcome bonus is extremely easy. All you need to do is register a new account and make a deposit of up to 5 BTC. Cloudbet will then give you a 100% deposit bonus. Ths bonus must be used on the online casino, where you will earn loyalty points every time you bet. For every 150 loyalty points gained, you will receive 0.001 BTC. These Bitcoin funds can then be used for betting at Cloudbet.

Bonus withdrawal - Withdraw your funds instantly

Unlike some online casino offers, which have wagering requirements attached to them, the Cloudbet welcome bonus can be withdrawn as soon as your bonus funds convert into real funds.

Pitfalls to avoid when claiming bonus - Stick to the rules

Make sure you take a close look at the terms and conditions associated with the Cloudbet bonus. A key term you need to adhere to is the 60 day expiry date on the offer. This means that you need to have completed the wagering within 60 days of the bonus being claimed, otherwise your bonus funds will expire.

Verdict on bonus - A fantastic bonus to kickstart your Cloudbet adventure

If you are a big esports fan, you may be a bit disappointed to discover that the Cloudbet welcome bonus has to be used on casino games. However, do not despair, because as soon as you convert your bonus funds into real funds, you can head over to the esports markets and start placing some bets.

Conclusion: Start your Cloudbet adventure

Throughout our Cloudbet Canada bonus review, we found them to be a superb operator for both new and existing customer rewards. In particular, the Cloudbet welcome bonus gives new players a fantastic opportunity to make the very most of their initial deposit. In addition, the loyalty program can also add plenty of value to your Cloudbet Canada account, especially if you reach the upper tiers of the scheme and qualify for bespoke bonus offers. Overall, Cloudbet is a superb option if your goal is to get great value out of your cryptogambling experience.

Cloudbet bonus review Canada FAQ 

🙋Am I eligible for Cloudbet bonuses?

That depends upon your circumstances and location. If you are located somewhere that has legalized online gambling and given Cloudbet a full licence, then yes you legally sign up for the operator and claim their bonus offers.

🎲What is the best game to use a Cloudbet bonus on?

This is a personal choice, but you need to consider the profitability of casino games. Specifically, you need to look at the return to player (RTP) of games. The higher the RTP, the more likely you are to return a profit from the game. This area is fully covered in our casino reviews. 

🎖What is the best online casino offer in Canada?

That will depend upon your personal preferences. Are you looking for free spins, cashback, a deposit bonus or something else? When you have established your preferences, check out our operator reviews to discover which sites best meet your requirements.

Cloudbet Casino
Rating follows
  • Over 1,000 slots
  • Great variety of games
  • Excellent live casino
Cloudbet Casino Bonus
T&Cs apply, 19+
Cloudbet Sports
Rating follows
  • 20+ sports to bet on
  • Large range of in-play markets
  • Innovative bet types
Cloudbet Sports Bonus
T&Cs apply, 19+
Cloudbet Esports
Rating follows
  • Excellent esports odds
  • Large range of competitions covered
  • User friendly esports site
Cloudbet Esports Bonus
T&Cs apply, 19+
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