Cloudbet under the magnifying glass
Cloudbet read in the terms: identification with no stated amount
Cloudbet has a Curaçao licence that can be checked and 3000 games, but clause 18.1.1 of the terms allows identification to be demanded before any payout, with no amount named.
How this review was made
Cloudbet is one of ten operators in the comparison, and one of those where the operator's own terms document has been read in full. The source is the terms page at cloudbet.com, obtained in an archived copy on 26 August 2026. Nobody here has registered an account, deposited money or requested a payout; everything below is read out of the document. The methodology explains which five clauses are compared and why the rest is kept out.
The company behind it is Halcyon Super Holdings B.V., and operations began in 2013. That is a long record in an industry where most brands are under five years old. The licence is issued in Curaçao with the number OGL/2024/328/0599, and the number has been checked against the register. The cashier takes 30 currencies; BTC and ETH stand at the top, along with USDT, and further down follow LTC, BCH and DOGE. The game library counts 3000 titles from 40 studios, there is a sportsbook, and provably fair games are missing.
Clause 18.1.1: a check with no figure
The most important clause in the whole document is 18.1.1. That is where the right to demand identity documents sits, and that is where no amount appears. The clause does not bind the operator to a threshold at all: documents can be asked for before any payout, whatever its size, when the operator considers there is reason to.
Discretion, in other words. No threshold.
The difference between a clause like that and a published limit is the whole point of this comparison. An operator that writes out an amount with a clause number has committed itself in public, and the player can plan around the figure. Cloudbet has committed itself to the opposite: the right to ask at any time. For a player withdrawing a small amount that means nothing in nine cases out of ten. For the tenth it means the money sits still until the documents are approved, and no deadline in the terms says how long that may take.
A particular daily cap in dollars circulates in other reviews of Cloudbet online. It appears nowhere in the operator's own document, and therefore it does not appear in the table here either. A figure nobody can find again in the source is a claim, and claims belong somewhere other than in a comparison. See how the ID check connects with a registration that asks only for an email address.
Payouts: what clause 18.1.1 means
Clause 18.1.1 lets Cloudbet ask for identification before any payout at all, with no amount and no deadline for the review. It is therefore the document demand, not any advertised time, that decides when the money leaves. For Cloudbet a published withdrawal cap is also missing: the document we read states no upper limit per period, neither in kroner nor in dollars. The page on fast payouts puts the rules side by side.
The 100 per cent welcome bonus
The bonus is stated as 100 per cent of the first deposit, with a cap tied to one bitcoin. The wagering requirement, by contrast, does not appear as a single figure in the terms, and the cost of the bonus therefore cannot be calculated in advance. A bonus without a published wagering requirement is an offer whose price is in the small print, or nowhere.
This is not unique in the industry, but it is a weakness with consequences. Without a multiplier the player knows neither how much has to be wagered nor which game types count. The review of bonus terms shows which clauses usually decide whether an offer is worth accepting. At Cloudbet it is precisely the clause that makes the arithmetic possible that is missing.
What the licence means for a player in Norway
The licence is genuine and can be checked. That is more than several of its competitors can show, and it is why Cloudbet stands high on the one clause the comparison can verify in full. But a Curaçao licence is not a Norwegian permission. Lotteritilsynet supervises the Norwegian market under the Lottery Act and the Gambling Act, and Cloudbet sits outside that supervision.
In practice that means a dispute about a payout has to be taken to a supervisory authority in the Caribbean, in English, under rules written for another market. What Norwegian law actually says about this is on the page about online casinos and Norwegian law. Cloudbet is at the same time a crypto casino in the sense that the cashier is first and foremost a wallet, and that the money flow goes outside the bank.
In summary
Cloudbet delivers on record, licence verification and game selection. The operator has existed since 2013, the number is in the register, and 3000 titles from 40 studios is a broad library. The weakness lies in the two figures that are missing: no amount in clause 18.1.1 and no published wagering requirement on the bonus.
For a player who deposits small amounts and withdraws the same, this is barely noticeable. For a player with a larger win, clause 18.1.1 is the clause that decides when the money arrives. So judge Cloudbet by how large the win might be, look if you wish at the limits high-stakes players meet, and read the terms in the original before depositing. The restricted-countries clause has also not been confirmed country by country in this review.