BEST BITCOIN CASINO BONUS OFFERS

What is a Bitcoin Casino Bonus?

Crypto casino bonus refers to the offers that online casinos utilize to attract new users, complement existing players, or build up more user engagement. Even though we are discussing crypto bonuses, you’ll find that they are quite similar to the standard casino bonuses.

There are various types of crypto bonuses, and we’ll thoroughly explain them on this page.

Types of Online Crypto Casino Bonuses

There are many kinds of bonuses. However, we will explain the most significant ones, as we don’t intend to bore you. It is likely to see them in every bitcoin casino.

Deposit Bonus

As the name suggests, users must deposit in order to receive this type of crypto bonus. Deposit Bonuses are one of the most commonly offered by online bitcoin casinos. Note that other kinds of deposit bonuses also fall in the deposit bonus category, such as:

• Exclusive Bonus
• Wager-Free Bonus
• Cashback
• Rakeback
• Welcome Bonus
• Free Spins

The main goal of the casino deposit bonuses is to encourage players to sign up and deposit. Also, to increase player retention.

Exclusive Bonus

Exclusive bonuses can only be seen in some online crypto casinos. However, this bonus is considered rare but quite popular among crypto-gambling enthusiasts. This unusual bonus is usually tailored to your game preferences or you as a person. Exclusive bonuses may vary and can reward players with matching deposit bonuses, free spins, or cashback.

The example below demonstrates an exclusive bonus and how the casino staff customizes it to suit their target group better.

A good example of an exclusive bonus could be the following: 20$ Free Cash Upon Deposit for Moonlight Princess by Pragmatic Play.

If you look at this bonus closely, you’ll find that the gambling platform offers free cash on the most-played slot title in Japan; Moonlight Princess by Pragmatic. Another detail is that Japanese players appreciate free cash bonuses before making their first deposit.

We are sure that most of the bitcoin casino wagerers enjoy free bonuses too. Still, these types of offers are mostly expected by Japanese players, contrary to other gamblers worldwide.

No Deposit Bonus

Since no deposit offers were introduced to the online gambling market, users can’t get enough and continue to scrape the internet for bonuses that don’t require a crypto deposit. Similarly to exclusive offers, no-deposit bonuses can be anything but deposit bonuses.

The essence of this reward is that users don’t have to make any deposit to claim it. In most cases, the no-deposit bonuses are claimable at any point; however, users sometimes have to complete a task, like following the casino’s social media, before getting the reward.

No Deposit Bonus Examples

• Follow us on Facebook and get 30 free spins
• Get $10 worth in BTC upon registration

The first example of a no-deposit bonus offer aims to popularize the casino’s social media presence. The purpose of the second example is to lure more fresh registrants.

Bitcoin casinos have a well-developed marketing strategy for gaining more sign-ups and retaining existing players using no-deposit bonuses.

Wager-Free Bonus

Crypto gamblers love this type of bonus, and here is why. The name of the bonus explains the most important part of this bonus – the bonus has no wagering requirements. Wager-free bonuses is a lux that only some online casinos can handle.

No wager offers are what regular bonuses used to be some years ago, but nowadays, almost all casinos have bonus wagering requirements. Think of them as a protection against money laundering and bonus abuse practices.

You probably guessed it already, casinos offering such wager-free bonuses are either well-established, scam, or apply additional conditions on the bonus offer.

Examples of Wager-Free Bonuses

100% Wager-Free Bonus up to $500
50% No-Wager Bonus up to $100

We bet that most of you would go for the first wager-free bonus sample. The larger bonus amount, however, rarely means it’s the better choice when compared to a smaller bonus amount.

Later, we’ll tell you more about the most important bonus rules to check before claiming an offer.

Cashback Bonus

Cashback bonuses are the ones that people often call “insurance” bonuses. Cashback bonuses refund some of the players’ losses during a certain period. We’ve seen daily, weekly, and monthly cashback offers.

Cashback promotions can also be permanent for some bitcoin casinos. A standard cashback offer usually looks like this “15% Weekly Cashback”.

Casinos like to offer cashback bonuses because they don’t have to pay for the bonus cost. This is so because the player has already deposited and wagered funds on the platform. The amount they return to players is already in the casino stash. Thus, both the casino and the player benefit from such offers.

Rakeback Bonus

Rakeback is a form of reward that will return a portion of the casino house edge. It’s good to know that the casino’s house edge depends on the game you play. Some slots, such as 1429 Uncharted Seas by Thunderkick, can reach an RTP of 98,5%; therefore, the casino’s house edge for that game is 1,5%. However, in most cases, the average house edge you will see is 3%to 6%.

Consider Rakeback as a booster of your overall RTP. They aren’t massive at first glance but can accumulate significant returns over time, which depend on players’ losses. Rakeback bonuses are more suitable for high-rollers due to their significantly bigger and more frequent bets.

Example: if you place a bet of 1$ on a slot that has 96% RTP, you will receive 10% out of 4%(house edge) = $0.004 per bet as Rakeback

Free Spins

A free spin is a kind of bonus offer given to players as a compliment, usually received as a package or as a no-deposit bonus. As the name suggests, users don’t pay for the spins but can withdraw real money. Free spins can also be claimed using bonus codes; they can be found on the casino’s page, social media, or affiliates. Usually, when users claim free spins, they have to play them on a predefined slot title.
There are a couple of things that you should know about the free spins:

• Be sure to check the wagering requirements on your Free Spins winnings.
• Free spins winnings are usually capped.
• Free Spins can have an expiration period.
• Check if your free spins are compatible with other promotions or offers, so you cannot use them to win special jackpots or deals.

Crypto Casino Bonuses – Essential Bonus Terms

Wagering Requirement

Wagering requirement is the amount of bets to be placed before your bonus or deposit is unlocked and available for withdrawal.

Example: $100 bonus with wagering requirements of 35 x Bonus funds.

In this case, you have to wager 35 x $100 = $3,500

Wagering requirements may vary depending on the casino’s T&Cs. The lowest wagering requirement is x1, and the highest we’ve seen so far is 50 times the bonus funds. 

Maximum Bonus Cashout Amount

Maximum bonus cashout refers to the maximum withdrawal limit while having an active bonus. This is a rule that gets applied by many gambling venues.

Note that not all bonus offers provided by the casino brand are free. The only exclusion we can think of is the cashback bonus. The usual bonus cost paid by the casinos to the game providers is in the 10-14% range. For instance, if you claim $100 in bonus funds, the casino will spend between $10 and $14. Since every prize the casino gives increases players’ chances of winning, it can be considered a risk taken by the bitcoin casino. Considering the above, we have an answer to why casinos set cashout limits.

Example: The maximum cashout amount with an active bonus is 5 times your initial deposit funds. So if you deposited $100, you could withdraw a total sum of $500

Maximum Bonus Bet

Maximum bet limit while having an active bonus promotion is commonly seen in the casino bonus T&Cs. Some brands adopt this practice to limit the potential winnings by the players so they can keep the maximum withdrawal limited. The most common bet limit for bonuses is 5$, which in most cases is a significant bet amount; however, if you consider yourself a high-roller, you can avoid bonuses with such conditions.

Please note: Placing bets exceeding the casino’s maximum bonus can cause a loss of bonus funds.

Minimum Bonus Deposit Requirement

Most casinos require a minimum deposit to qualify for a casino bonus offer. All you can do here is check the minimum deposit for the bonus you intend to claim. The lowest minimum deposit required to claim a bonus could vary from 1$ to thousands, depending on the bonus offer.

One has to be careful because some casinos offer bonuses only for the first deposit. If you deposit less than the minimum requirement, you risk losing the chance to receive a bonus. When making deposits with crypto, you have to check the minimum qualifying bonus amount for the corresponding cryptocurrency, as it may vary from casino to casino.

Sticky Bonus

A sticky bonus or Locked bonus refers to a rule applied by the gambling house, which requires bitcoin gamblers to wager their bonus and cash funds. By claiming such a bonus, you lock your funds with the casino unless the wagering requirements are met.

A sticky bonus is okay because users receive additional play funds on the house bill. Those promo offers are usually more attractive amount-wise than non-sticky bonuses. It is advisable to always check if a prize is sticky by checking the bonus terms page of the casino.

Example: You’ve deposited $100 for a 100% match deposit bonus, and the wagering requirements are 25 x deposit + bonus funds. The total wager amount, in this case, is (25 x $100) + (25x $100) = $5,000

Bonus Code

Bonus or promo codes are ways to opt-in for a particular crypto casino offer. Bonus code is usually a string of characters or digits, e.g., “BONUSEXAMPLE100”. Promo codes can be found on various media, such as marketing emails and affiliate websites. Some crypto casinos even post promo codes to their members via the post.

Be aware if you receive anonymous bonus codes. It’s good to know that casinos can only send marketing materials with your permission.

Bonus codes will automatically expire once they have been used.

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