Bookmaker review: Is Cloudbet any good for tennis betting?
For those who love to bet on tennis, then chances are, you’re always on the hunt for a bookmaker to meet your betting needs. Let’s have a closer look at Cloudbet, one of the top crypto sportsbooks out there.
We want to lay out the facts about the pros and cons of some of the different options for tennis betting, so you can make your decision with eyes wide open.
Below, we’ve looked at everything there is to know about Cloudbet when it comes to tennis betting. From how competitive its odds are, to Cloudbet’s range of betting markets, payment methods and user interface, we break down all the finer details in this bookmaker review.
Cloudbet for tennis betting
Is Cloudbet any good when it comes to tennis betting? We answer this question by looking at three key areas: odds, betting markets and tournament coverage.
Odds
Cloudbet offers very competitive odds for tennis betting, based on our research. Below are two examples of betting odds that we took at random for a match being played today:
To win match | |||
Cloudbet | Bookmaker A | Bookmaker B | |
Player A | 2.22 | 2.20 | 2.20 |
Player B | 1.73 | 1.67 | 1.66 |
Game handicap | |||
Cloudbet | Bookmaker A | Bookmaker B | |
Player A | 1.96 | 2.00 | 1.90 |
Player B | 1.91 | 1.73 | 1.80 |
As you can see, Cloudbet actually offers a slightly better return than the other two bookmakers we looked at in the majority of these betting lines. A difference of 1.73 and 1.66 may seem slim, but on a $1000 bet, it’s a margin of $70 – nothing to sneeze at.
When it comes to outright betting odds for tennis tournaments, results were a little less conclusive. See below for an odds comparison, again done at random for odds available today on Cloudbet:
Outright winner | |||
Cloudbet | Bookmaker A | Bookmaker B | |
Player A | 2.25 | 2.40 | 2.25 |
Player B | 4.34 | 4.50 | 4.33 |
Player C | 6.01 | 6.00 | 6.00 |
Player D | 9.52 | 8.50 | 9.50 |
Cloudbet’s odds for the tournament’s two favorites aren’t as competitive as other odds we found, but the fourth line of betting offers the best odds we can see. Given outright betting is a little subjective, this makes sense.
You can of course change to see the odds in your favorite format on your Cloudbet account, decimal, American or Fractional (UK).
Range of betting markets
Cloudbet has competitive betting odds, but how many are available?
The answer: enough, but not the most.
For most matches, you’ll be able to bet on the following:
- Match winner
- Game handicap (multiple spreads)
- Total games (multiple spreads)
- First set correct score
- Winner and total games
- Any set to nil
- Correct score
- Set handicap
- Exact sets
- Total sets
- Player to win a set
- Set one (winner, game handicap, total games)
- Player total games
- Odd/even games
For the average tennis punter, this is plenty. Notable omissions are prop bets on aces, double faults and first service games, plus markets like total tiebreaks, to win from behind and breaks of serve.
Cloudbet also offers live betting on tennis matches, including lower level tournaments. Below odds from a match between Suzan Lamens and Aliaksandra Sasnovich in the WTA Budapest.
Tournament coverage
Cloudbet offers excellent coverage of different tournaments. Based on our research, they offer match betting for all ATP and WTA events, plus extensive betting on Challenger and ITF events as well.
Futures are also available for all of the next four Grand Slams.
Their outright betting markets aren’t as detailed as some other bookmakers, however. For most ATP and WTA tournaments they offer outright winner, winning half and winning quarter. Markets such as unseeded finalist, player to reach round and stage of elimination don’t seem to be covered.
Other Sports and Products at Cloudbet
Apart from tennis, Cloudbet offers odds on basically any sport you can imagine. From popular sports such as football, horse racing and ice-hockey to smaller ones like Aussie Rules, MMA and darts. There are also the cool options to bet on Virtual sports and E-Sports.
Like at most gambling sites, you’ll also find a casino section with a huge amount of games. Mostly slot games from some of the most popular game providers but also table games such as blackjack, roulette and baccarat. These are also available to play at live dealer tables via webcam.
Everything else you need to know about Cloudbet
Of course it’s important that a bookie has good odds and the kinds of betting markets that you’re interested in betting on. But there are plenty of other features that are make or break for a bookmaker as well. Below, we look over how Cloudbet does in each of these areas.
Interface
Some betting sites are clunky, but Cloudbet isn’t one of these. It’s aesthetically pleasing, easy to navigate and very intuitive. However, it doesn’t have a mobile app at this stage.
Deposit options
This is where Cloudbet makes its true point of difference in the betting market. Cloudbet is known as the place to go for crypto betting – so much so that their maximum and minimum stake levels are given in Bitcoin, rather than dollars.
The thing is, crypto is all you can deposit and withdraw in. So if you love crypto, it’s great news. If not, better find somewhere else. Right now, they accept various crypto-currencies, including Bitcoin, Ethereum, USDT stablecoin, XRP, Dogecoin and Litecoin.
If you don’t own any crypto yet, there is also the option to buy crypto via credit cards directly on the Cloudbet website.
Countries accepted
Betting is accepted from all countries, with the exception of:
- Australia
- Belgium
- China, Macau, Hong Kong SAR
- Curaçao
- Cuba
- Germany
- Iran
- Lithuania
- Netherlands
- North Korea
- Singapore
- Syria
- Spain
- United States of America and its territories
- United Kingdom
This is according to Cloudbet’s terms of service. Given that everything is encrypted and through crypto, however, it’s really up to users whether they comply with these terms or not.
Betting limits
Betting limits vary across different markets at Cloudbet. The lowest we found was 0.00026 Bitcoin ($16.50), while the highest was 0.06 Bitcoin ($3,845). For standard match betting, limits seem to sit around 0.02 Bitcoin ($1,280).
Promotions
The bonuses and promotions at Cloudbet change quite often so it’s recommended to check the website before you register an account. It’s also important to read the terms and conditions if you choose to activate a bonus, as they usually come with turn-over requirements before you can make a withdrawal.
At the moment, new players can get a match bonus of up to 5 BTC in the casino. For sports bettors they offer a cool “Marketplace Hub” where you earn points by betting and these can be changed for gifts such as watches and luxury cars.
When betting at Cloudbet you always earn points and you’ll climb to new levels in their loyalty program. This gives you additional bonuses and rewards along the way.
Security
Cloudbet uses SSL encryption, two factor authentication and multi-sig cold wallet storage. In layman’s terms: they use the latest security measures, and are safe to bet with.
Our conclusion: Great for tennis, if you love crypto
Surprisingly, Cloudbet offers a great option for tennis fans looking to do some betting. We say surprising, because usually more niche bookmakers compromise how competitive their odds are. However, Cloudbet performed very well when we tested their odds against other bookmakers.
Overall, the registration- and deposit process is very simple and the website is easy to use.
The make or break factor for Cloudbet isn’t how good it is for tennis betting, it’s whether or not you’re into crypto. If you are, then go for it, it’s a great option. If you aren’t, then you’re fresh out of luck, because they don’t accept any conventional payment options.
We recommend looking into using crypto for online betting though, as it’s much faster and usually less hassle than most other methods. Cloudbet is a great place to start!