Cloudbet vs MyBookie: One Takes the US, One Refuses It

Cloudbet vs MyBookie: Same Era, Opposite US Policy

Cloudbet vs MyBookie pairs two offshore crypto-friendly operators founded a year apart — Cloudbet in 2013, MyBookie in 2014 — that ended up on completely different sides of the US market. Cloudbet lists the United States as a restricted jurisdiction and geo-blocks American registrations outright. MyBookie has taken US bets for over a decade, though 2025 brought its first formal state cease-and-desist letters. For most US readers this comparison has an answer before it starts; for everyone else, it comes down to high-limit crypto betting versus a broader banking menu.

Cloudbet vs MyBookie looks at first glance like a straightforward offshore-book matchup: two crypto-friendly operators, founded a year apart, both running sportsbook and casino product for well over a decade. Dig one layer in and the two have made opposite bets on the US market. Cloudbet walled America off entirely from day one and never reconsidered. MyBookie went the other way, took US action for more than ten years, and only in 2025 started feeling real pushback for it.

Cloudbet vs MyBookie, side by side

	Cloudbet	MyBookie
Founded	2013	2014, operated by Duranbah Limited N.V.
Licensing	Direct Curaçao Gaming Authority license, OGL/2024/328/0599, granted May 2025	Curaçao eGaming license — no US state license anywhere
US access	Fully restricted — geo-blocked registrations, no exceptions	Accepted, minus wherever a cease-and-desist has landed (Michigan, Florida as of 2025)
2025 regulatory action	None — the US ban predates and avoids US enforcement entirely	Michigan Gaming Control Board (Jan 23) and Florida Gaming Control Commission (Feb 5)
Banking	Crypto only — 30+ coins in, instant-to-30-minute withdrawals	Crypto, card, wire, and money order in; Bitcoin or bank wire out
Identity	High-limit "Whale Mode" betting, no fixed withdrawal cap	Standard sportsbook, casino, and racebook combo

Is Cloudbet or MyBookie Legal for a US Reader?

For most people typing this comparison from an American IP address, the question answers itself. Cloudbet names the United States a restricted jurisdiction outright and enforces it with geo-checks at registration — there is no workaround that survives a withdrawal. MyBookie has no US license either, but it has taken US bets continuously since 2014, and the honest description of its status is unregulated rather than blocked. That changed unevenly in 2025: the Michigan Gaming Control Board sent a cease-and-desist letter on January 23, and the Florida Gaming Control Commission followed on February 5, naming MyBookie alongside Bovada and BetUS.

Two philosophies, one starting point. Cloudbet and MyBookie launched within a year of each other and both still run on Curaçao licensing. One decided the US market wasn't worth the regulatory exposure and blocked it from the start. The other took the exposure for over a decade and is now absorbing the consequences state by state.

Is Cloudbet or MyBookie More Legit?

Cloudbet's paperwork is cleaner right now: a direct Curaçao Gaming Authority grant issued in May 2025, and zero US enforcement actions against it, because it never gave any state a reason to send one. MyBookie's Curaçao eGaming license is also real, but it now sits alongside two formal cease-and-desist letters from 2025. Both have documented, decade-plus payout histories among offshore bettors — tenure isn't the differentiator here, recent regulatory exposure is.

Which One For Who

A US reader has one live option between these two, and it isn't Cloudbet — whatever MyBookie's current regulatory noise, it is at least reachable, which Cloudbet by design is not. Outside the US, UK, and Australia, a high-volume bettor who wants uncapped withdrawals, the fastest crypto cashier of the two, and the cleaner current license leans Cloudbet. A bettor who wants card and wire options alongside crypto, plus a racebook in the mix, leans MyBookie, with eyes open about the 2025 letters. Neither is a plan for making money — both are entertainment products with a house edge, and both require being 21 or older.

Cloudbet vs MyBookie — Frequently Asked Questions

Is Cloudbet or MyBookie legal in the US?

Neither is licensed by any US state, but the practical answer differs sharply. Cloudbet names the United States a restricted jurisdiction and refuses US registrations entirely — there is no state where a US player can legally sign up. MyBookie has no license either, but it does accept US players in the states it hasn't been told to stop serving; the Michigan Gaming Control Board sent it a cease-and-desist letter on January 23, 2025, and the Florida Gaming Control Commission followed on February 5, 2025.

Is Cloudbet or MyBookie more legit?

By licensing cleanliness, Cloudbet: a direct Curaçao Gaming Authority grant (OGL/2024/328/0599, issued May 2025) to Halcyon Super Holdings B.V., with no US regulatory action against it because it never tries to serve the US at all. MyBookie's Curaçao eGaming license under Duranbah Limited N.V. is also genuine, but it now carries two 2025 cease-and-desist letters on file. Both have real, forum-documented payout histories running over a decade.

Which is safer, Cloudbet or MyBookie?

For a US player, MyBookie is the only one reachable at all, but "reachable" isn't the same as "safe" — it's an unlicensed offshore book now drawing state regulatory attention. For a non-US player choosing between the two, Cloudbet's single, recently-granted direct license and lack of any enforcement action edge out MyBookie's older license plus two 2025 letters. Neither offers a US regulator to call if a payout dispute goes wrong.

Why won't Cloudbet accept US players when MyBookie does?

It comes down to risk appetite, not law — both operate outside any US state license, so nothing legally stops either from serving Americans. Cloudbet has chosen to name the US, UK, and Australia as restricted jurisdictions and enforce it with geo-checks, betting instead on high-limit players in markets where it faces no US enforcement exposure. MyBookie chose the opposite strategy: take US bets and absorb the regulatory risk, which is exactly what produced its 2025 cease-and-desist letters.

Which pays out faster, Cloudbet or MyBookie?

Cloudbet, generally. Its crypto withdrawals typically clear in as little as a few minutes and rarely more than about 30 minutes once approved, because crypto is the only rail it runs on. MyBookie's Bitcoin withdrawals take longer, 12 to 24 hours after approval, and its bank-wire fallback adds a 1-2 day internal review before a transfer that can take up to 7 business days. MyBookie's edge is optionality — cards, wires, and money orders alongside crypto — not speed.

Which has the better welcome bonus?

They reward different behavior. Cloudbet's 100% match up to 5 BTC doesn't land as a lump sum — it unlocks in small increments as loyalty points accrue over betting or casino play, within a 60-day window, which favors high-volume regulars. MyBookie's CRYPTO100 matches a first deposit up to $1,000 at 10x rollover, or the smaller 200CASH offer clears at a much lighter 1x — a better fit for someone who wants usable funds fast rather than a bigger locked number.