Bitcoin casinos usually attract new users while keeping their regular users interested in the games with bonuses. Bitcoin casino bonuses come in several variants and on this page you will find a list of the best bitcoin casino bonuses as well as guide to the different types of bonus that exist.
The following links will lead you to dedicated BTC Casino Bonus sections, where you will find everything you need to know about the respective type of Bitcoin Casino Bonus as well as the best Bitcoin Gambling sites featuring such type of bonus.
Let’s take a look at the reason why players get the chance to take advantage of bonuses offered by casinos.
The primary reason for bonuses in bitcoin casinos is to ensure that players are regularly engaged. The essence is to create the desire to keep playing the games even if no deposits were made from the player’s pocket.
What do you do when you’ve exhausted the deposit in your account on the site? You’d most likely quit playing. What if you never came back? That’s bad business for the casino, but if there are free spins available in your account, you’ll likely play some more. You may even win some games and will be encouraged to come back with your wallet in hand to play more games in the site. That is the reason why casinos give bonuses.
Some bonuses are consequent upon making deposit. Casinos use such bonuses such to encourage players to keep playing. For instance, there are bonuses that double the amount the player has or give them extra fraction and playing time.
This is what Welcome Bonuses are meant to accomplish: cause the player to sign up and become a part of the casino community.
There are many types of bonuses available in Bitcoin casinos, in this section, we shall learn about them.
This is the bonus that a new player gets from the casino for just signing up. They do not need to make a deposit to get this bonus credited to their account. Also, they do not usually need bonus codes to get. This bonus is meant to welcome the new player and help them blend into the casino community.
This is a bonus that is awarded the gamer after they make their first deposit at the casino. This may be given to the player once or spread over a few days.
This sort of bonus doubles the amount the player deposited. It may be routine or promotional depending on the Bitcoin casino. Some casinos award such bonuses on a set day or during a promotion. When they do, eligible players have double their deposited amount credited to their accounts,
This is a bonus that the casino gives to players for consistent use of their platforms. They may be awarded on a particular day of the week or during promotions. The casino demands how it is distributed.
This is meant for exclusive club members within the casino community. The bonuses are usually meant for high net-worth players.
This is a bonus associated with table games that involves spinning wheels such as roulette. The player gets to play free games with this type of bonus.
This type of bonus is awarded players that are already at the wheels. These are bonus spins given to players after they reach certain milestone spins or wager.
Some casinos add this type of bonus spin that practically doubles the number of spins that a player gets at the wheel. The player spins a second game if they didn’t win their first.
This sort of bonus gives back to the player, a percentage of the funds they wagered in bets whether they lost or won the bets.
This is given to users that referred other players to the casino through their affiliate links.
The main advantage of bonuses is that it increases the player’s chance of winning something. For instance, a player that made a deposit of 0.003 bitcoins may exhaust their funds after say 30 spins, but with a bonus that gives them extra 20 spins, they have a total of 50 spins before their playing time expires. The fact that the extra is without out-of-pocket expenditure helps the player enjoy more games. Their chances of winning s also enhanced since this is proportional to the number of games played.
These are bonuses which the player can enjoy and use without depositing their own BTC. It enables betting for free and can help a player understand and hone their skills on a particular game without spending their own cryptocurrency. The bonuses that enable this are Registration Bonuses, Free Spins, Extra Spins and Free Bonuses.
There are several demerits of bonuses mainly because of the terms and conditions attached to them. For instance, most casinos will not pay full winnings if the player played the winning hand with a bonus.
Insomuch that they are attractive, bonuses usually are not meant for the player to win big, but for them to play more games (hopefully without winning). That is the fact. Most casinos place limits on the amount they would pay the player if they won with bonus funds. This is not unexpected since the casino wouldn’t want you winning big with the free play opportunity they gave you.
Whenever people win the jackpot, we always hear that they wagered certain amounts before winning. None ever won from free rolls, free spins and other bonuses available in BTC casinos because the casinos make sure that these bonuses do not pay substantial winnings. In fact, in many casinos, you wouldn’t miss the terms in small prints: “Any winnings exceeding this amount will be forfeited.”
Some casinos require that the player’s casino account not drop below certain amount if their bonus funds are to be retained. For instance, some Bitcoin casinos demand that some funds be left in the wallet. If the fund drops below that specified value, the bonuses are cancelled. Even though the required amount is low, the player needs to be conscious of this,
Bets with high probability of a win by the player are excluded in bonus bets. This means that the player won’t bet on red or black on the roulette or on high-low bets, because they’re likely to win at low risk to their funds.
Even though on face value, the casinos seem to be giving out free opportunities to win, in practice, they’re doing smart business. The bonuses offered by most Bitcoin casinos require that the player deposit some funds and actually play games up to certain amount before the bonuses are claimed. For instance, some BTC casinos require a wagering obligation of 40 times the value of the bonus before they are claimed. This implied that the player has to wager their own funds, in fact 40 times the bonus before they can claim them.
Some casinos demand that wagering requirements be met in terms of the amount the player bets before they qualify to withdraw winnings won with bonuses. Under such circumstances, deposits made by the player are locked up with the winning from the bonus making it impossible for the player to withdraw their own funds. In such cases, the player would have to forfeit the bonus winnings to withdraw their own money from the casino.
Casinos control the terms with which bonuses are offered and used. Since there are wagering requirements attached to most of these bonuses, the casinos sometimes cancel the bonuses if the player didn’t meet the betting requirements required to withdraw them.
It is necessary to understand that there are basically two types of bonuses that you would encounter in casinos:
For this type of bonus, you wouldn’t need to make a deposit before you claim it. It is as-is bonus that you can start using without committing your own funds. However, bear in mind that winnings from such bonuses still would not be withdrawable until the casino’s terms and conditions concerning wagering is met.
These bonuses are connected to deposits made by the player. They are released for use when the player makes deposits to their casino accounts. As a rule, funds that could be won from bonuses have limits. It’s a good idea to check with your casino to understand the terms and conditions to be met.
When placing bets from an account with bonus funds and deposits made by the player, Bitcoin casinos usually use the player’s funds first. The bonus funds can be used for bets after the money deposited by the player has been exhausted in bets.
Bonuses are not withdrawable in a direct sense, but the funds that the player wins through bonus games can be withdrawn consequent upon meeting the requirements of the casino.
For no deposit bonus winnings, some casinos demand KYC, especially if deposit was made with credit cards. Some Bitcoin casinos also demand KYC down the line. You should check with your casino to know if this is what they do.
Before winnings can be withdrawn from bonus winnings, some casinos demand SMS or email verification if this was not asked for during the registration process. Some may also demand the use of permanent emails that are not easily disposable.
There are many countries that are excluded from no-deposit bonuses. It is a good idea to check that your country of residence is eligible for such bonuses to avoid raising your hopes and getting disappointed down the line.
Some Bitcoin casinos exclude games that contribute to the wagering requirements of bonuses. This means that when the player bet with such games, they still wouldn’t be able to withdraw any winnings from bets made with bonuses awarded them.
Bonuses make Bitcoin casinos tick, nevertheless, it is even more important to understand how they work and take full advantage of them. They may not make you win the jackpot, but knowing how to use them won’t hurt.