Top Bitcoin Bonuses Explained Simply

19/10/2021 | Categories: Gambling Guides | Published by: Joe | Last updated: 05/01/2024

Your Guide to All the Best Bitcoin Bonuses

If you are new to betting with bitcoin at online casinos, it is perfectly normal to feel a touch overwhelmed by the array of bonuses and promotions you can claim. After all, there can sometimes be as many as a dozen deals for you to consider. With our straightforward guide, we’ll introduce you to some of the most popular of the bunch and explain how they work. If you need a bountiful bonus to bolster your balance, here is what you can expect to see at our top-rated bitcoin and crypto casinos today…

Claiming Your Bitcoin Welcome Bonus

Almost all bitcoin and cryptocurrency casinos offer a welcome bonus to new players. This can only be claimed once and may come in a variety of ways. The basic idea is that the crypto casino will supply you with free cash or spins, allowing you to play games for free and potentially win real money prizes.

First Deposit and No Deposit Bonuses

Bitcoin welcome bonuses can only be claimed by new players, and in most cases, they will consist of either a first deposit bonus or a no deposit bonus. It is rare, but some crypto casinos may offer you both. Even then, the types of welcome bonuses that are available vary from crypto casino to casino. Here is a brief look at the most popular ones.

Match Deposit Bonus

The classic match deposit bonus will provide you with a sum of free BTC (or mBTC) based on the total you deposit. If you deposit the minimum amount required, you’ll receive a percentage-based cash bonus which you can use to play games for free. For instance, if you were to consider depositing 1 BTC and claim a 100% match, you’d start with a balance of 2 BTC, consisting of your original 1 BTC deposit and 1 BTC in bonus funds.

Match Deposit + Spins Bonus

Some bitcoin casinos go one further and throw a handful of free spins into the mix. In this case, you will get the match deposit bonus listed above, but also free spins. Those spins may be valid on one slot, a series of slots, or virtually all games (with a few exceptions). Free spins may be offered in installments or one lump sum.

No Deposit Bonus

By contrast, a no deposit bonus is given to new BTC casino players without any deposit required at all. Here, you could pocket a small sum of money or end up landing free spins instead. Either way, you’ll get the chance to test drive a crypto casino’s games with the potential to win real money (cryptocurrencies) without risking your own.

The Welcome Package

Some crypto casinos go one further and offer you a series of welcome bonuses. These form a “welcome package”. An example might include a first deposit bonus worth a 100% match and 100 free spins, but also 50% matches on your second and third deposits.

All the above deals can typically only be claimed by new players at bitcoin casinos. However, many of our more reputable sites continue to churn out promos and deals long after you’ve signed up. Let’s look at those next.

Reload Bonuses at Bitcoin Casinos

Bitcoin casinos that offer reload bonuses are sites that continue to provide you with cash (and possibly free spin) bonuses outside of the main welcome package or bonus. These may be monthly promotions; they could be available weekly, at one-off times of the year, as a loyalty reward, or with every deposit you make. Their availability varies from site to site. In practice, a bitcoin casino’s reload bonuses work in the same way as the first deposit bonus, although they tend to be worth smaller sums of cash and spins.

Daily, Weekly, and Monthly Specials

Most top bitcoin casinos will have timed bonuses. These may be offered daily, weekly, or even monthly. Ultimately, they are not evergreen and regularly change. For this reason, it is worth regularly checking the promotions page at your crypto casino. One month, they may consist of tournaments, and in another, they could provide deposit bonuses or free spins. It is common to see cashback offered as a daily or weekly bonus, while most monthly bonuses tend to be deposit-based deals or competitions.

Tournaments and Competitions

Any top-rated bitcoin and crypto casino will have tournaments for you to join. Some of these, such as Pragmatic Play’s Drops and Wins tournaments, are worth tens of thousands, possibly even hundreds of thousands of dollars. Your average tournament will be based on slot games, but some are designed for RNG (random number generator) table games and live dealer games. In effect, the qualifying terms can vary. You may be required to earn points by depositing, wagering, or winning on selected games, and you may need to opt-in. Most will reward the top-ranking players in each competition, which may run for a day, a week, or longer. By contrast, prize draws are open to players who fulfill the requirements stated, but winners are drawn at random. Prizes in competitions and tournaments can range from free spins to cash, holidays in the sun, gizmos, gadgets, and more besides.

Personalized Promos and Bespoke Bitcoin Bonuses

If you regularly wager at your favorite crypto casino, it isn’t impossible to see yourself rewarded with personalized promos. These bespoke bitcoin bonuses may be awarded via a loyalty club or VIP club (more on that in a moment), or they could be sent to you via e-mail or text. In most cases, they will be private deals based on your gambling activity. As such, they may require promotional bonus codes to be used to trigger them.

Loyalty Clubs and VIP Schemes

Many of our hottest bitcoin and crypto casinos have loyalty clubs and VIP schemes. These are common occurrences in the online betting world. In most cases, you can earn points by playing games at your favorite site. Those points can then be used to climb the tiers of a club, and each new level you reach will bestow a series of new bonuses upon you, each bigger and better than the last. Some loyalty clubs and VIP schemes also allow you to collect and convert any loyalty points you’ve acquired into real BTC bonuses. The exact perks of these schemes will vary from site to site and tier to tier. Some may even offer you higher deposit/withdrawal limits and speedier withdrawal times.

Refer-a-Friend Bonuses

The classic refer-a-friend bonus is starting to disappear from many top casinos nowadays. However, we’ve still got a few top BTC casinos where you can find them. In practice, this bonus is awarded to any player who convinces a friend to join them. If that friend signs up at your casino and claims you referred them, you will be entitled to a bonus. That offer could be worth the equivalent of your friend’s very first deposit, a percentage of that, or a different cash sum entirely.

Specialized Bonuses

It is not uncommon to find one-off bonuses all over the shop at leading crypto casinos. These tend to be specialized bonuses. For instance, you may come across deposit bonuses that are only available to bitcoin users, or there may be some that are only for Ethereum depositors. Some may be only accessible by those who play via mobile or who deposit via QR codes. Other crypto casinos’ bonuses may only be used on live dealer games, while some may be reserved for sports bets. These vary frequently, so always check your casino’s terms and conditions before claiming any of these.

Find the Best Bitcoin Bonuses Online Today

Now that you know a bit about the many types of the best bitcoin bonuses out there, it may be tempting to get started. If so, nip over to our crypto casino reviews to find a host of the most reputable sites. Each of our reviews also details the types of promos and bonuses you can find at those casinos, giving you all the information you need to get started right now.