Bitcoin casinos offer a range of bonuses, some more some few. It is hard to find an operator that doesn’t offer any bonuses, promotions or other incentives to its players. To get a bit of financial support from the Bitcoin casino operator which will enable you to win more is always a good thing. But you should know that all bonuses aren’t equal and while some are quite favourable and should definitely be claimed, other bonus offers might not be as lucrative as they seem. It is important to know how bonuses work and what a particular bonuses offer entails.
No Deposit Bonus
The No Deposit bonus is the first bonus that you can win when registering at a Bitcoin casino. Although the No Deposit Bonus is offered more rarely than a Deposit bonus, it is important to know how it works. This is a bonus that is usually awarded right after you register. Some Bitcoin casinos might require you to opt in to claim the bonus. Other operators award the bonus automatically to every player who registers a new account. If you don’t want to claim the bonus, you will have to opt out. Just send an email or contact customer support via another method, like live chat.
The amount of a No Deposit bonus is usually small, and casinos express it either in Bitcoin or fiat currency. That depends on the casino policy. If you already own Bitcoins and your idea is to play with Bitcoins a bonus which is in Bitcoins is definitely more suitable.
Terms and Conditions
The bonus terms and conditions, or the small print, are often more important than the bonus amount. For example, these bonuses always carry a wagering requirement. The wagering requirement is the amount that you will need to wager before you can claim the bonus and it can be 25, 30, 40, 50 times the bonus amount, for example. Always check the full wagering requirement before you can decide whether you will be able to complete it. In some cases you might not be able to complete the requirement. The casino wil void the bonus and all associated winnings.
Also, the timeframe during which you are required to use the bonus and complete the wagering requirement is important. Not all games contribute towards the wagering requirement equally. For some games, only a fraction of the wagered money will be counted towards the wagering requirement. Other games might not even contribute at all. Some No Deposit bonuses come with a maximum winnings limit. This means that you won’t be able to claim more than the limit. If you do manage to win a larger amount, the funds that are over the limit will not be paid out.
Welcome Deposit Bonus
A Welcome Bonus, or a Deposit bonus is the most commonly bonus. It is hard to find a Bitcoin casino that doesn’t offer such a bonus. The No Deposit bonus sometimes comes as part of a Welcome Package, but more often it is a separate offer. The deposit bonus offer may apply to the first deposit, but also on subsequent deposits. Some operators offer a deposit bonus on the second deposit too. Other include the third deposit as well, but some Bitcoin casinos might offer a bonus up to the tenth deposit.
This bonus is typically a match bonus, so Bitcoin casinos express it in percentages. A 100% match means that your deposit will be matched in full. A 150% match means that you’ll get more than your deposit. A 50% deposit means that the bonus amount is half of what you’ve deposited initially. This bonus comes with a maximum limit, so you won’t be able to get an amount higher than the limit. Not even if your deposit is a larger amount.
This bonus also carries a wagering requirement. This may include only the bonus amount or the deposit amount as well. For example it can be 25 times the bonus plus the deposit amount. Sometimes it’s 40 times the bonus amount. Again, not all games contribute towards the requirement equally. While most slots usually contribute 100%, some games like Roulette and Blackjack have a much lower contribution. Deposit bonuses usually don’t come with a winnings limit. So as long as you complete the requirement, you can withdraw your winnings.
Free Spins Bonus
Many Bitcoin casinos offer a Free Spins bonus instead of a No Deposit bonus. They may also include Free Spins as part of the Welcome Bonus package. This bonus expresses the amount of free spins that you’ll receive as part of the bonus. You can find the specific value of individual spins in the terms and conditions.
You can play the bonus spins mostly on all available games. Some promotions stick to a particular game or groups of games, or you can only use them on games by a certain provider or providers. These bonuses also have a wagering requirement in most cases, and there can be a winnings limit.
VIP and Loyalty Programmes
Many Bitcoin casinos offer a Loyalty Programme, or a VIP Programme which allows all loyal customers who make wagers on a regular basis to claim extra bonuses and promotions. Usually all casinos award comp points and these comp points determine the player’s VIP level. You can also redeem a cash bonus. The terms and conditions specify how much you’ll need to wager before you score one point. You can also find the specifications how many points that you’ll need to collect in order to convert them into cash. The higher your VIP level, the more perks and advantages you will get. Many casinos offer special and exclusive bonuses to VIP players, including customised offers.
In addition to the offers above, a Bitcoin casino might also offer a range of other promotions, including cash back offers, reload bonuses or bonuses for specific games. There are also themed promotions, as well as periodical promotions which can be tied to a date which is somehow special for the casino operator, or linked to a popular holiday.