Crypto casino bonuses are an important factor for players when deciding on which gambling site to use. However, there’s more than one type of Bitcoin bonus offered by these sites. Understanding the difference between the different free crypto bonuses, how they function, and where to find them can be tricky. Today, we will discuss everything you need to know about crypto bonuses!
What is a Crypto Bonus
If it’s your first time hearing about a crypto bonus, don’t worry it’s exactly as the name suggests. Crypto bonuses are rewards or extra credits typically offered by crypto casinos to attract new players. There are several types of free Bitcoin bonuses on offer, and they’re generally bigger than the ones offered by traditional casinos.
Crypto casinos are the best place to find the top crypto bonuses. Naturally, these platforms accept cryptocurrencies as a payment method instead of fiat. That said, cryptocurrencies are decentralized and carry lower transactional fees. This allows crypto casinos to offer a variety of free crypto bonuses and some of the biggest bonus offers.
Crypto bonuses come in all shapes and sizes, and not all crypto casinos offer them, there are always crypto bonus details players need to consider. But we’ll jump into the nitty gritty of crypto bonus details later on, for now, let’s take a closer look at the different types of crypto bonuses available.
Crypto Casino Bonus vs Crypto Exchange Bonus
The rapid adoption of cryptocurrency has naturally led to an increase in online crypto platforms. Crypto casinos aren’t the only places that offer free Bitcoin bonuses. Crypto exchanges have joined the party and now offer free crypto bonuses for new registrants. Let’s take a look at the similarities and differences between the two.
Crypto Casino Bonus
The crypto gambling industry continues to develop and improve a player's overall gaming experience. One of the most rewarding features which crypto casinos hold over traditional casinos are their promotions and bonuses.
The most common types of bonuses players will come across at a crypto casino include crypto signup bonuses, crypto casino no deposit bonuses, deposit matches, free spins bonuses, free faucets, and more.
Crypto Exchange Bonus
Crypto exchanges play a crucial role in the world of crypto gambling. These platforms allow players to purchase and exchange their winnings into fiat currencies. As such, their numbers have greatly increased in the past few years.
Similar to crypto casinos, the bonuses offered by crypto exchange bonuses are directed at encouraging new users to deposit and purchase crypto from their site. Users can find several types of bonuses including crypto sign-up bonuses, referral bonuses, and deposit matches. However, these sites don’t offer bonuses such as free spins, and no deposit bonuses.
Crypto Casino Bonus vs Fiat Casino Bonus
The first online gambling casino opened its door in 1994, naturally it was a fiat casino. Since the adoption of cryptocurrencies in 2009, a lot has changed. Crypto casinos have completely diversified the online gambling industry, but the question remains, which type of casinos is the better?
To answer the question, we’ve listed the pros and cons for both crypto casino bonuses and fiat casino bonuses.
Crypto Casino Bonus Pros n Cons
Fiat Casino Bonus Pros n Cons
Types of Crypto Casinos Bonus
When it comes to bonuses, crypto casinos do it best. Whether you’re a seasoned gambler or a newcomer to the industry, understanding these bonuses will enhance your gaming experience and potentially boost your winnings. So, let's explore the different types of crypto bonuses, who they’re suited for, and where you can find them.
Deposit Match
Deposit matches are one of the most common types of crypto casino bonus. These bonuses are included as a welcome package for new players and require them to make a minimum deposit on the site. Deposit matches generally look something like this “100% deposit match up to 1 BTC.”
Crypto casinos sometimes offer separate deposit matches for sportsbooks and include a number of free bets. There’s usually a limitation on the amount of a crypto the bonus matches or the bonus is tiered across multiple deposits. In addition, deposit bonuses typically include a ton of free spins for slot games.
Depending on the size of the deposit match, these bonuses are suited for high rollers or players that have the intention of depositing large sums of crypto. There's a minimum deposit amount required to qualify for the bonus. So, if you’re a new player and just want to test out a casino, it’s probably not the bonus you should be looking for.
Where to find them:
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BC.Game is an established crypto brand and is supposedly the king of crypto deposit bonuses. New registrants will receive a 360% deposit match (tiered) up to $100,000. In addition, the casino offers free faucet and weekly promotions for players.
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FortuneJack offers an unbeatable combination of deposit bonuses for new players. Receive 300 free spins plus and 130% deposit match bonus up to 1.5 BTC with a minimum deposit of 0.005 BTC.
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7Bit Casino is one of the oldest crypto casinos around and understands the importance of a lucrative deposit bonus. The casino offers a tiered 325% deposit match up to 5.25 BTC and 250 free spins. To qualify for the bonus, players must make a minimum deposit of $20.
No Deposit Bonus
No deposit bonuses or a crypto casino signup bonuses are a reward handed out to new players for simply registering at a casino. These bonuses are usually automatically credited to a player's account upon the verification of their credentials. Some casinos require new players to fill in a ‘bonus code’ upon registration to claim a free Bitcoin bonus.
These bonuses generally look something like this “50 Free spins sign up bonus.” Crypto and fiat casinos offer these bonuses to promote their services and encourage new players to register an account. The thought of a handout, appeals to beginners and is a great way for inexperienced players to test out the facilities of a casino.
Where to find them:
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7Bit Casino is one of the forefathers of crypto gambling and welcomes new players with 75 free spins as a no deposit bonus. These free spins are automatically added to a player's account after completing the registration process.
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Bitsler is the go-to casino for players who love to play crypto games. As a free crypto bonus, Bitsler offers players a 100 free spins for the first five days.
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Trust Dice is a reliable crypto casino with a reputation for offering no deposit bonuses. New players who register an account at the casino receive 100 free Satoshi coins.
Free Spins
Free spins are probably the most popular crypto bonus offered by crypto and fiat casinos. Free spins bonuses are essentially chances for players to spin the reels of a slot game without any monetary risk. These bonuses let new players try out slot games and grant them the opportunity to win some money.
Crypto casinos often include free spins as part of their weekly promotions, no deposit bonuses, welcome bonuses, and VIP rewards. However, there are always terms and conditions attached to free spin bonuses.
Where to find them:
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BetFury is an established brand within the crypto gambling community that specializes in provably fair games and exciting crypto bonuses. Newly registered players will receive 225 free spins and a 590% deposit match with their first three deposits at the casino.
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mBit Casino was one of the first crypto casinos on the market, and it’s got a reputation for offering lucrative Bitcoin bonuses. The site rewards new players with 325 free spins and a 325% deposit match for a player's first three deposits.
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Wild.io casino is one of the best crypto casinos for players seeking free spins. The casino offers an incredible 350% welcome package with 200 free spins. Best of all, there’s no limit to the amount of winnings a player can withdraw from bonus offerings.
Faucet Bonus
Crypto casinos aren’t just in the game of matching players' deposits, they also reward players with free faucet bonuses. For those that don’t know what faucet is, it’s an app that monetizes the amount of time a player spends on the site and rewards them with free Bitcoin bonuses.
The best crypto casinos offer faucet bonuses as a tool to incentivize loyalty and active usage of the site. These bonuses are best suited for players who stick to one casino.
Where to find them:
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Freebitco.in is a legitimate crypto casino with thousands of video slot games and free faucets. The casino offers players the chance to win free Satoshi every hour by clicking onto a link.
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FortuneJack is becoming a regular feature under our bonus casinos. Players can earn free faucet on the site by playing the Majestic 7 free-to-play game.
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BC.Game offers a free crypto faucet in the form of a Wheel of Fortune that can be rolled on a daily basis. Prizes from the Wheel of Fortune start at $1 worth in stablecoins and reach up to $500 in USDT.
Cashbacks Bonus
Cashback bonuses are a loyalty reward offered by crypto casinos which reimburse players a percentage of their net losses. Players can expect to receive between 10% and 25% of their net losses. These bonuses are often reimbursed in the form of bonus funds or real cash on a weekly basis.
Cashback bonuses are fairly common among crypto casinos. However, these bonuses only appeal to high rollers or players that wager large sums of crypto.
Where to find them:
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Bitcasino.io was the first fully licensed crypto casino and is a prominent name in the world of crypto gambling. The casino offers players a 20% cashback bonus up to 25,000USDT.
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Bets.io is a popular crypto casino with a long list of crypto games and a live dealer feature. The casino rewards players with 20% of their daily deposits as cashback up to a maximum of 10,000 USDT.
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Rocketpot.io is an exciting crypto casino which offers players cashback bonuses based on their player rankings. Top tiered players receive 20% in cashbacks.
Things you need to consider
Crypto bonuses are an excellent way for players to increase their winnings. That said, crypto casinos aren’t in the industry of losing money. Crypto bonuses have some terms and conditions which need to be met, before a player is eligible to withdraw their winnings.
Bonus terms and conditions vary at every casino. To avoid missing out on bonus winnings, it’s important for players to understand the different conditions attached to bonuses. Below are some of things players should consider before deciding on a crypto bonus:
Wagering Requirements
Almost every crypto casino bonus comes with a wagering requirement. A wagering requirement is a multiplier and highlights the number of times a player must bet any winnings from their bonuses. Wagering requirements usually look something like this “40x.”
In simple terms, if the casino offers 100 free spins with a 40x wagering requirement, and you win $10 from those spins. You have to wager the $10 x 40= $400, before you can withdraw the funds.
It can be challenging to meet high wagering requirements set by some casinos. In some cases, casinos may set wagering conditions as high as 50x or 60x, even for free spins with no deposit bonuses.
Maximum Winnings
Crypto casinos set limits on the amount of money that players can win through their promotional offers, such as bonuses or free spins. This protects the financial interests of the casino and prevents players from abusing bonuses.
Even if players hit the jackpot with their free spins, they can’t walk away with millions of dollars.
Geo-Restrictions
While most crypto casinos are unregulated to an extent, licensed casinos have strict terms of use. This prevents players from gambling prohibited jurisdictions from interacting on the site. Should a player from a restricted jurisdiction deposit funds onto a crypto casino, they run the risk of having all their winnings confiscated.
Game Restrictions
As much as we’d love to think that crypto bonuses are applicable for every game, some are restricted to gaming providers. Free spins bonuses are limited to slot games.
Time Limit
Bonuses are subject to specific time periods and have expiration dates. Most crypto bonuses are usually valid for a period of 7 days. However, some bonuses need to be claimed within 24 hours of registering or a player will lose out.
Minimum Deposits
Crypto casinos impose a minimum deposit to encourage players to make larger deposits. To be eligible for a crypto bonus, a player's first deposit must meet or exceed the minimum deposit amount. Most crypto casinos have a minimum deposit of $20 (crypto equivalent). However, the amount can be as high as $50 worth of cryptocurrency.
Payment Method Restrictions
Crypto bonus offers are sometimes limited to one or two cryptocurrencies. The casino will specify the cryptocurrencies enumerated under its bonus policy description. If a cryptocurrency isn’t explicitly mentioned in the bonus description, it’s more than likely excluded from the bonus.
How to reach the cashout (how to deal with the terms)
Crypto bonuses can be pretty tempting, but there’s always a catch to them. Understanding how to overcome a casino's bonus terms and conditions can be quite tricky, especially for new players. That said, our panel of experts have devised some tips and strategies to help you claim your bonus winnings.
Read the terms and conditions
When it comes to deciding on which casino offers the better promotion, most players tend to forget to read the rules and simply choose the casino with the bigger bonus. Neglecting to read the fine print of a bonus will surely backfire in the future.
One of the most important rules players should always remember is to make sure they read the casino's terms and conditions. Most crypto casinos nowadays, have a separate bonus policy page which will generally indicate all the hidden clauses pertaining to a bonus.
Select a casino with low wagering requirements
Every casino sets its own wagering requirements, the higher the wagering requirement, the harder it will be to claim your bonus winnings. As a general rule of thumb, any wagering requirement up to “30x” is considered pretty low. Wagering requirements above “40x” are high and tough to beat.
Not all casino games will contribute the same amount towards the wagering requirements. The best way to beat a crypto casinos wagering requirements is to play high RTP slots that contribute 100% towards a wagering requirement.
Consider the time limit
Once you’ve claimed a casino bonus the clock starts to run down. Most crypto casinos give players up to 14 days to meet the wagering requirements. However, there are some casinos that only allow 7 days. Therefore, if you’re not a frequent player, we recommend you search for a crypto bonus with a longer timeline.
