Introducing Crypto Arcade by Cloudbet⚡️ | Best Provably Fair Games Hub

Cloudbet

legendary

Activity: 2338

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Cloudbet | Best Bitcoin Gambling Site Since 2013

Quote from: Cacingkemi on January 08, 2021, 04:53:41 AM

Is there also an update about your sportsbook, for example? I think most people are interested in that. Maybe a bonus or promotion? I have never seen a signature campaign from you. Isn't that a an idea?

Hi Cacingkemi,

Thank you for your feedback. We believe you will be interested to read about our 2021 plans in our recent interview with The Gambling News. Let us know what you think!

Team Cloudbet

Cacingkemi

hero member

Activity: 1484

Merit: 516

Is there also an update about your sportsbook, for example? I think most people are interested in that. Maybe a bonus or promotion? I have never seen a signature campaign from you. Isn't that a an idea?

toast

sr. member

Activity: 1582

Merit: 253

this games looks great, i would like to try these out it's really good thing that you have free play feature so we could test out your games before we would try it in real coins. well i do like these games especially the mines.

Cloudbet

legendary

Activity: 2338

Merit: 1122

Cloudbet | Best Bitcoin Gambling Site Since 2013

Hi Friends,

RTP values for Crypto Arcade games are now visible on the site again. Thank you for your patience.

Best,
Team Cloudbet

Cloudbet

legendary

Activity: 2338

Merit: 1122

Cloudbet | Best Bitcoin Gambling Site Since 2013

Hi Hanuebu,

Quote from: Haunebu on January 01, 2021, 09:16:00 AM

Checked the arcade section and observed that most games available are popular ones, but having to sign-up just to play for free is a con in my opinion though it is understandable when playing with real money obviously.

You can try our games through free play without signing up!

Quote from: Haunebu on January 01, 2021, 09:16:00 AM

What is the house edge on all the games since I couldn't find any information related to this anywhere?

We are currently updating our site and the house edge will be available for Arcade games very soon.

Mahdirakib

legendary

Activity: 1946

Merit: 1026

In Search of Incredible

The 5% fee isn't fixed, it says they may charge up to 5%. And they only charge fee for withdrawals as you can see ‘Pmalek’ described above. Their terms and conditions page says,

Quote

7.1.9. We reserve the right to apply a handling charge of up to 5% on deposits and withdrawals to cover transaction costs.

I have asked their support to make it clear and mentioned about the fee details of T&C page. Support have given me the actual fee chart but said nothing about the 5% fee. Though he added that his given withdrawal fee chart is correct

Quote

The network transaction fee is 0.0005424 BTC for Bitcoin, 0.0004 ETH for Etherium, 10 USDT / USDC for Tether, 0.002 PAXG and 0.00000226 BCH for Bitcoincash withdrawals.

BTW, It's great that Cloudbet have added those classic games finally. Seems like we can place two different bets before every plane launch in aviator game. Personally I like this option much. Maybe the free play function doesn't working yet? Dice game have 3% house edge. Compared to other casino it seems high enough. Do you have any plan to lower it in future?

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: KennyR on January 01, 2021, 10:26:27 AM

Quote from: qory on January 01, 2021, 10:18:27 AM

Quote from: Pmalek on January 01, 2021, 10:07:26 AM

Quote from: Inagame on December 23, 2020, 11:11:56 AM

and I don't like that you can charge 5% on deposits and withdrawals to cover transaction costs.

I had a look at their Terms and Conditions, and in 7.3.6 they do mention that they can deduct 5% from your balance when you initiate a withdrawal. But they are not going to charge you for deposits because they are not the ones paying the transaction fees on deposits. Transaction fees could be deducted from the amount you deposited, but only to cover network fees when you withdraw from the site.

5% is really unacceptable for a payout. So if you were to request a payment of approximately USD 10,000, you would simply have to throw away USD 500. That is a lot of money to pay for just a fee. Isn't that necessary for anything? since they probably work with their own server. 500usd fee then yo can cover the fees for 100 people.

When we talk about the small funds withdrawal the fee percentage looks small. As in the above quote, for a withdrawal of $10000 providing $500 as withdrawal fee is something very big. Cloudbet needs to reconsider this and should make changes to the withdrawal fee structure.

They need to make the withdrawal fees fix like what many gambling sites are doing . Mostly they charge 5000 sats for a minimum withdrawal of 200k sats but the fee still the same for withdrawals over 200k sats .
The issue is going to be on the small gamblers this time and not for the big gamblers that make big withdrawals because 5k sats is already big for small gamblers and its got even bigger now that btc price is over 29k u.s dollars but other than that this new game is a good addition to the old cloudbet games .

KennyR

hero member

Activity: 2310

Merit: 532

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Quote from: qory on January 01, 2021, 10:18:27 AM

Quote from: Pmalek on January 01, 2021, 10:07:26 AM

Quote from: Inagame on December 23, 2020, 11:11:56 AM

and I don't like that you can charge 5% on deposits and withdrawals to cover transaction costs.

I had a look at their Terms and Conditions, and in 7.3.6 they do mention that they can deduct 5% from your balance when you initiate a withdrawal. But they are not going to charge you for deposits because they are not the ones paying the transaction fees on deposits. Transaction fees could be deducted from the amount you deposited, but only to cover network fees when you withdraw from the site.

5% is really unacceptable for a payout. So if you were to request a payment of approximately USD 10,000, you would simply have to throw away USD 500. That is a lot of money to pay for just a fee. Isn't that necessary for anything? since they probably work with their own server. 500usd fee then yo can cover the fees for 100 people.

When we talk about the small funds withdrawal the fee percentage looks small. As in the above quote, for a withdrawal of $10000 providing $500 as withdrawal fee is something very big. Cloudbet needs to reconsider this and should make changes to the withdrawal fee structure.

qory

hero member

Activity: 1722

Merit: 508

Quote from: Pmalek on January 01, 2021, 10:07:26 AM

Quote from: Inagame on December 23, 2020, 11:11:56 AM

and I don't like that you can charge 5% on deposits and withdrawals to cover transaction costs.

I had a look at their Terms and Conditions, and in 7.3.6 they do mention that they can deduct 5% from your balance when you initiate a withdrawal. But they are not going to charge you for deposits because they are not the ones paying the transaction fees on deposits. Transaction fees could be deducted from the amount you deposited, but only to cover network fees when you withdraw from the site.

5% is really unacceptable for a payout. So if you were to request a payment of approximately USD 10,000, you would simply have to throw away USD 500. That is a lot of money to pay for just a fee. Isn't that necessary for anything? since they probably work with their own server. 500usd fee then yo can cover the fees for 100 people.

Pmalek

legendary

Activity: 2730

Merit: 7065

Quote from: Inagame on December 23, 2020, 11:11:56 AM

and I don't like that you can charge 5% on deposits and withdrawals to cover transaction costs.

I had a look at their Terms and Conditions, and in 7.3.6 they do mention that they can deduct 5% from your balance when you initiate a withdrawal. But they are not going to charge you for deposits because they are not the ones paying the transaction fees on deposits. Transaction fees could be deducted from the amount you deposited, but only to cover network fees when you withdraw from the site.

pranjicka

newbie

Activity: 14

Merit: 0

The site has a lot more to offer than these Arcade games. I think this is the wrong way to promote something. They can much better promote the other products.

cheers

MI6

hero member

Activity: 1260

Merit: 504

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The classic casino games will be preferred by most people. By the way, why has a new topic been opened? Their old topic had been since 2013? active but is no longer there.
I think that would have been a much better idea because they also carry brand awareness there. Now they have to rebuild their reputation from scratch.

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Checked the arcade section and observed that most games available are popular ones, but having to sign-up just to play for free is a con in my opinion though it is understandable when playing with real money obviously.

What is the house edge on all the games since I couldn't find any information related to this anywhere?

RokokGudangGaram

full member

Activity: 966

Merit: 102

It's nice to see that Cloudbet is back. many users will have missed the site. Cloudbet is one of the forerunners on the forum when it comes to cryptobetting.
That is also a good intention for 2021 to start with a special addition to the forum. I've seen those games on more sites, but every update you make can have potential added value.

crzy

full member

Activity: 2128

Merit: 180

Its been a long time since I’ve heard the updates with Cloudbet and its good to see a new way to gamble on Cloudbet and now its good for the gamer and to those who wants to play the arcade and earn at the same time. I hope that no more issues with the system of Cloudbet and its time for me to try this one.

wildan88

legendary

Activity: 1862

Merit: 1046

Cloudbet is a great site. I don't see Crypto Arcade as a special addition to the site. You have a stable and beautiful platform, these games were not necessary.
Most people still want to use a casino and / or the sports section. It is good that you are innovative of course.

codegnome

sr. member

Activity: 782

Merit: 258

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Can you perhaps also tell us something about your accepted countries? You have been inactive on the forum for a long time. Was that related to this project? And which license do you have now?

kryptqnick

legendary

Activity: 3248

Merit: 1402

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I had no issues accessing the website, I didn't use a VPN. I guess it's good that the website is blocking people from the restricted geolocations, it minimises the risk of people playing and violating the rules by accident.
I also haven't experienced any problems with the time it takes for the games to load. I've opened Aviator, and it loaded fully in about 4 seconds which is fine for me. And the same happened with Plinko, wheread Dice, HiLo and Roulette loaded even faster.
It's also nice that you have a blog post that explains how to play various games. Nice work!

Inagame

full member

Activity: 435

Merit: 125

I am playing some goal mines for free now and it looks good.
According to terms and conditions only four countries are not allowed for registration on Cloudet website, USA, United Kingdom, Hong Kong and Singapore, and I don't like that you can charge 5% on deposits and withdrawals to cover transaction costs.
Can you confirm this is correct?

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

It seems we need to use a VPN connection to visit on your site because I have a problem too.
I like the site's design, and it looks futuristic because the image or I would call it the button for the links on the game looks good.
I thought the aviator game was a different game, but after I click, that is like a crash game, but I do not try to play the game.
How about KYC? Do you apply KYC for your members? Because I do not want to fill KYC if that is for playing gambling Grin

Topic: Introducing Crypto Arcade by Cloudbet⚡️ | Best Provably Fair Games Hub (Read 406 times)