Bitcoin Casinos are becoming ever more prevalent in the online gambling space. As well as the many benefits of gambling online with Bitcoin such as fast payments, innovative new Bitcoin games and the play from anywhere flexibility of Bitcoin gaming, a big driver in the popularity is the breadth of choice and ever improving generosity of Bitcoin Bonuses and Bitcoin Casino Welcome Offers.
What is a Bitcoin Bonus?
Bitcoin Bonuses are promotional tools of course. A Bitcoin Casino will serve up a welcome offer to incentivise and reward online Bitcoin players to sign up and register a new casino account. The casino are dangling a carrot in the form of these Bitcoin promo deals and they hope that once you’ve tried the games and services you’ll have enjoyed your experience enough to become a regular player at the casino. Quite often BTC Bonuses can be more generous than their FIAT currency counterparts giving another great reason to play online casinos with Bitcoin.
Not all Bitcoin welcome bonuses are equal, there are many different styles of casino BTC offer and they differ in terms of structure as well as generosity. Read on to learn more about the different kinds of casino bonuses for players gambling with Bitcoin…
Bitcoin Deposit Bonus
The most common style of welcome bonus is the deposit bonus. A deposit that is offered when you make a real money (real Bitcoin!) deposit at the casino. Your first deposit incurs a bonus and occasionally so does your second deposit, third deposit and occasionally 4th and 5th deposits too. If multiple deposits have a bonus attached this is often called a ‘welcome package’. Also known as a ‘Match Bonus’ the casino will usually pledge to boost your game playing budget by doubling your stake to the tune of 100%. A deposit bonus can sometimes be more or less generous than a 100% match. Occasionally a deposit bonus can mean free spins in exchange for a deposit at a new BTC casino. More on bonus spins below…
Bitcoin Free Spins Bonus
Bitcoin casino free spins are also a really popular give-away at an online casino. Once you’ve made your casino deposit a stated number of extra spins or free spins can be awarded. Usually these spins don’t affect your deposit and so represent a risk free opportunity to sample some slot machines and potentially win Bitcoins at a casino. Often the free spins are tailored to a specific slot game or a series of games from the same software provider but occasionally your free to choose any video slot you want to play. Free Spins are a great way to check out a new online slot so that you know if the game is to your taste before you spend your real BTC deposit funds on the game.
Bitcoin No Deposit Bonus
Sometimes also known as a sign up bonus or free spins on sign up, a No Deposit Bonus is a bonus awarded simply for registering as a new member at a casino with no deposit required. Popular with players who love to play slots for free, No Deposit Free Spins and No Deposit Bonus funds are equally sought after. There are usually extra tight terms and conditions attached to a Bonus with No Deposit needed, read more about this below.
Find Bitcoin Bonus Codes
Often you will need to input a bonus code to collect a BTC welcome bonus at a participating casino. Here at Bitcoin Gamble Guide we’ll keep you in the loop when it comes to the best Bitcoin Bonus Codes and at which online Cryptocurrency casinos you need them.
Bitcoin Bonus wagering and t&c’s
It’s super important to scrutinise the terms and conditions and in particular the wagering requirements of any bonus bitcoin offer at a casino. Every casino bonus will have T&Cs attached but the requirements will vary greatly from one bonus to the next and from one casino to the other. The most consequential term is the wagering requirement of the bonus also sometimes known as ‘the play-through requirement’. The wagering requirements are of great importance as these will affect your ability to pay out real bitcoins from any win that you might land. The wagering requirement stipulates the amount of times you have to play through your winnings before your allowed to collect your funds and the higher the requirement the harder or less likely it is that you’ll be able to make the grade and withdrawals any funds from the bonus.
Other terms and conditions that effect bitcoin bonuses include withdrawal limits where a maximum withdrawal is placed on the no deposit spins meaning that only a modest win is possible from the bonus. It’s also worth paying attention to the time limit restrictions of a bonus.