Bitcoin casino deposit bonuses are meant to encourage players to make deposits on the casino and play games. These are bonuses associated with any and all types of deposits made by the player. They come in various forms such as incentives while playing games, free gifts, more spins, rolls or even extended playtime on some favorite games.
Here is our list of the best Bitcoin Casino Deposit bonuses.
There is a reason for everything. These are some of the reasons why you have the casinos offering bonuses for Bitcoin deposits.
The essence of a deposit bonus is keep the players account funded even as they play more games at the casino. Assuming you’ve been off the games for a couple of weeks, do not be surprised to see one of these Bitcoin deposit bonus offers in your email. They want you back to play more games after making that deposit.
Also, since most people like free stuff, it is an effective way of bringing in new players to a casino, who would not just come around for the free games but who would become active members of the casino’s gaming community.
There’s a reason some casinos keep offering bigger bonuses to their customers. They want to reward them for their loyalty in sticking with them. This would also encourage new players to use the casino with the hope that they too would get rewarded.
You also have to know that the casino business is a competitive one. Another reason why casinos are offering bonuses is to have a competitive edge over other casinos. So they all try to outdo one another in offering the best deals in terms of bonuses. So as a player, you stand to gain by getting some of the best deals around. This is what you would get right here.
There are several benefits associated with deposit bonuses for the player on one hand and the casino on the other. This is why nearly all Bitcoin casinos offer these bonuses while players are encouraged to go for them.
There are many times that casinos award these bonuses, however, the occasion that spans through most casinos is targeted at the new or incoming players, who are encouraged to make their first sets of deposits with the prospect of being rewarded with extra bonuses.
This bonus is associated with the very first deposit that a new player makes with the casino. Different casinos award various incentives to the player for making their first deposit. It is not unheard of coming across a casino that gives incentives of up to 260% of the deposited amount as bonus. There also could be free spins attached to this bonus.
This bonus is associated with the second deposit made by the player. This bonus could be more or less than the first, depending on the Bitcoin gaming site.
As expected, when the player makes their third deposit on the site, this is the bonus attached to it which they can use.
Even though this is not common with all BTC gaming sites, there are some casinos that offer the fourth deposit bonus to the new member. All these bonuses are denominated in BTC and free spins at specified games. Collectively, you could expect up to 6 BTC and 200 free spins in bonuses.
This is another Bitcoin deposit bonus that is offered by some casinos. They’re actually saying they would match any deposits that you made. So if you made a deposit of $200, the casino matched it by adding another $200 in your playing account, giving you more funds to wager with.
Claiming your deposit bonus is not difficult. Check out the bonus codes that may be available on the casino that you’re hoping to play games at. These codes should release the bonus after you’ve made your deposit. Every bonus has corresponding codes that unlock them.
Most casinos want to make sure that the deal is balanced for all parties involved. The player should get the bonus incentive while the casino shouldn’t lose from both ends. This is why bonuses have wagering conditions attached to them. The implication of this is that when a casino gives you a bonus, it expects that you also use some of your own funds to gamble and not rely wholly on the bonus. Wagering requirements could be up to 40x the value of the bonus that you received. This makes sense, since casinos are in business to also make profit.
Bonuses have terms and conditions that should be fulfilled by the users. It is important that players check out these in the ToS of the casino they’re using.
For instance, most Bitcoin casinos demand that the funds deposited prior to receiving a bonus not be withdrawn after the bonus has been given to the player by the casino. Remember that it was the deposit that necessitated the bonus in the first place. Withdrawing the deposit would often result in the cancellation of the bonus.
Even though most Bitcoin casinos are offering deposit bonuses, it is imperative that you check with their ToS to understand if those terms would serve you well. For instance, many of those bonuses would be limited to being used in certain games. If those are not the sort of games that you enjoy playing, the bonuses won’t really be of use to you. So, finding the casinos with the best deals for the required games is your best deal.
If you’re new to gambling, it is a good idea to use the bonus to learn the ropes in playing games. This beats using your own fund to learn.
Gambling is all about winning (or losing). A bonus makes you feel that you’ve won something. It encourages you to play more and possibly actually win.
You would most likely stop playing if your funds exhaust, but with the casino bonus padding your bankroll, your time at the games is extended.
If you think it is possible to add 1 BTC to your account, get an extra BTC (in the case of 100 percent bonus) and cash out 2 BTC immediately just like that, you will be disappointed. You can’t find any casino that willingly decides to make losses. No casino exists to just double your funds and let you go away immediately.
Bitcoin deposit bonus functions through the following process:
Different casino has different limits on how much bonus is given. It is very common for most casinos to set it at 1 BTC. This means that regardless of the amount deposited, the bonus given cannot exceed 1 BTC on that casino.
The bonus given to the players comes with an expiry date. If the player does not bet with the bonus money before that expiry date, the bonus will be lost. Then, the deposited money will be sent to the main account.
Many times, bitcoin casinos do not end the bonuses with the very first deposit. They offer more bonuses for the first 3 or 5 deposits made. However, it is usually required that the subsequent deposits should not be less than the previous ones to get the bonus.
All casinos that accept bitcoin features different kinds of bonuses. They also feature different terms and conditions for the bonuses. You don’t get to claim the bonuses the same way and it might not be easy to unlock the bonus. Hence, before you go ahead to claim any bitcoin bonus, there are some factors you should consider. We have listed below the factors to check when you search or compare bitcoin bonuses on casinos.
On many casinos, the most known kind of bitcoin bonus given is the bitcoin deposit bonus. This kind of bonus always comes with a required percentage match. This percentage match amount allows you to be aware of how much the casino matches from your deposit. For example, when you deposit 20MBTC and there is a 50 percent match, the casino awards you with 10 MBTC added to the deposit you made. Some casinos offer as much as 200% and even more. Hence, before taking a bonus or when comparing bonuses, check for the match percentage.
In order not to go bankrupt, the bitcoin casino puts a limit to the amount of bitcoin you can win from the bonuses. This limit is usually different in bitcoin casinos. However, the usual range is between 500 mBTC and 1 BTC. If the limit is high, then the bonus becomes more attractive to players who are high rollers.
As most casinos do, there will always be a wagering requirement to meet before you can withdraw your winnings from the bitcoin bonus. Some casinos may require you to wager 40 times the bonus, 50 times the bonus, and so on. You must meet this wagering requirement before the bonus expires.
It is not unusual to find a few innovative casino bonuses from bitcoin casinos. Casinos often reward new players with offers like free tickets to join poker tournaments, free spins to use on slots, and raffle tickets. The most commonly given extra bonuses are free spins. These free spins are given for players to use on slots without having to wager from their own money. This means the players can play without risks as they can’t lose their own money. Other offers like loyalty rewards can also be attached.
Apart from enjoying lucrative bitcoin bonuses, players also enjoy some other things. The first is the privacy enjoyed. Bitcoin casinos do not require you to release your personal information before you can claim these bonuses. You can enjoy everything privately on bitcoin casinos.
Also, bitcoin bonuses are usually not restricted by location. While many traditional casinos restrict their bonuses to players from only certain locations, bitcoin bonuses are usually available to players regardless of the locations. This means players from countries where online gambling is illegal can also enjoy playing at the casinos and take part in the bonus without fear.
Overall, always remember to read everything about bitcoin bonuses on casinos. Make sure you know the terms and conditions attached. Know the wagering requirement, expiry date, and other important things. Make sure that you can meet the requirements by that casino. If you cannot meet the requirement, it will be better to try at another casino that suits you. Doing this will ensure you enjoy your bitcoin deposit bonus without issues.