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.
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.
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.
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.
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.
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.
Let’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.
