Different Types of Crypto Casino Bonuses Explained
Casino bonuses are benefits operators give to players under specific rules. One of the main reasons why crypto gambling platforms offer you bonuses is to elevate your gaming experience. This is what they’ll say.
However, the truth is in between. Yes, casinos want you to play longer and have more fun, but they also want you to join the site if you’re still not a member and become a loyal player. To achieve this goal, operators prepare various crypto-friendly bonuses for you as incentives to become a member and keep coming back for more.
Unexperienced players may think of crypto bonuses as free money. But this is far from true. We are here to help you understand all about Bitcoin casino bonuses. Keep reading to learn essential details about BTC casino offers and how to pick the one that suits you most.
Crypto Bonuses in a Nutshell
Casino bonuses can potentially improve your chances of winning, or maximise your winnings, and help prolong the time you want to spend playing your favourite games. Moreover, bonuses, in general, can create a more engaging gambling experience.
The best crypto sites we recommend offer an exciting collection of bonuses tailored for new and existing players, ranging from daily and weekly deals to monthly rewards, thrilling tournaments and unique and exclusive promotions.
What sets crypto gambling platforms apart from their fait counterparts is that they provide crypto-specific casino bonuses. In other words, you can claim incentives rewarding Bitcoins or other digital currencies, depending on the site. However, BTC bonuses are the most common ones.
What Are the Most Common Types of Bitcoin Casino Bonuses?
Our team of crypto gambling experts have selected the most popular crypto bonuses you’ll find at top-rated websites. Learn the basics and how to use them to get the most bang for your buck while having fun.
1. No Deposit Bonuses
This bonus type is by far the most popular and sought-after online gambling incentive. You can infer from the name why – they don’t require you to deposit real money to claim them. Usually, no deposit bonuses give small cash rewards or free spins you can use in specific titles.
These offers are an excellent marketing tool that attracts new players, allowing them to test the site and feel the overall casino experience before creating an account. However, no deposit crypto bonuses have high waging requirements (for example, 60x) you must meet before cashing out winnings.
2. Welcome Deposit Bonuses
The welcome bonus is the most widely spread casino offer. You will find them at all the best crypto sites. Usually, operators greet you with offers that match your deposit up to a certain amount. For example, a 100% match up to 1 BTC.
However, operators gladly throw in complementary free spins valid on selected games. So, you’ll often see this: 125% first deposit bonus up to 1BTC and 50 free spins.
Finally, many websites provide attractive welcome packages which boost your first 2, 3, 4 or even 5 deposits. Playbet casino, for example, gives you a massive 4-part welcome package of up to 4 BTC and 800 free spins.
3. Free Spins
Another very frequent casino perk you can collect at many sites is free spins. The reason why all casinos provide these deals is simple – online slots are among the player favourites at all casinos. Therefore, offers like this one at Raze.bet, up to 75 free spins each worth 1 USDT ($1) every Friday, are standard at many crypto platforms.
4. Cashback Bonuses
Many casinos allow you to claim back a portion of your losses incurred during a specific period, a day, week, or month. Casinos provide cashback as a safety net that will help you overcome a losing streak and motivate you to keep playing.
Cashback is a percentage of your losses the casino returns to you, and the bonus amount is calculated based on the money you lost. For example, you can claim up to 10% cashback every Wednesday at Betpanda Casino.
Casino Bonus Terms and Conditions
Now, we come to the crucial section that explains what to pay attention to before you collect a casino bonus. It’s simply called – bonus T&Cs. Let’s dive right in.
- Wagering Requirements: Bonus money and winnings are not withdrawable automatically. You must meet wagering conditions before you can do that. This condition defines how many times you must play through the bonus funds before you can request a cashout. It’s important to check rollover requirements and calculate whether you can afford the bonus. Player-friendly wagering requirements are usually 30x or 40x. Remember that wagering requirements are not the same for all bonuses. For example, cashback deals can have 1x or even no wagering conditions.
- Minimum Deposit: Each promotion has a minimum deposit that makes you eligible to claim the offer. Remember that the minimum bonus deposit can differ from the casino’s minimum deposit amount, so always check the bonus page to learn how much you need to deposit to grab the deal.
- Eligible Games: Don’t forget to double-check which casino games qualify for the bonus. This is particularly important if you collect free spins. If you use them in the wrong online slot, you’ll lose the winnings.
- Expiry Dates: The last but least important rule is how long the bonus lasts. Or, more precisely, how much time do you have to claim the bonus before it expires. Typically, welcome bonuses have a 7-day timeframe, but some casinos can even give you 30 days to decide if you want to boost your deposits or not.
Angelina is a sharp-eyed crypto casino expert with a knack for turning blockchain jargon into bite-sized brilliance. With years of experience dissecting casinos, crypto wallets, games, and everything in between, she ensures readers get the full story. Think spinning slots, provably fair games, wallet security, or cashing out with crypto. No fluff, just facts, served with a wink!