Bitcoin (24h)
Ethereum (24h)
XRP (24h)
Bitcoin Cash (24h)
Online Bitcoin Casino Bonuses Explained

Online Bitcoin Casino Bonuses Explained

The extensive ways of winning define the online gambling scene, and whether that be the games or the bonuses, the online world has the means to make a player come back for more. From land-based casinos to the wonderful world of the web, gamblers have seen it all, and as of right now, the future never looked so bright, and that’s all thanks to the constant supply of games from the talented software providers to the long list of bulky bonuses to choose from.

When online gambling just came about in the early days, the bonuses were not even close to where they are now, offering a smaller range with smaller potential. As times have progressed and the competition has intensified, and online Bitcoin casinos are doing what they can to catch the player’s attention. 

 Just like the gamblers, the casinos are out to make a bang for their buck, and that’s why they have come up with ways to keep the profits pumping. As the list of bonus possibilities expands, so does the list of requirements to reap the returns. Bonuses are ideal for any gambler, but knowing how they work and which ones to pick could be a game-changing move. Please keep reading to find out how online casino bonuses work and which one to get started on. 

Win at an online Bitcoin Casino

Online Bitcoin Casino Bonuses

An online Bitcoin casino bonus is a loyalty reward or incentive that provides online players with benefits or advantages in their play in the most basic form. For example, the casino usually awards the player upon signing up and making a deposit.

When looking at Bitcoin casino bonuses, there are two elements to keep in mind. First, there is the selection on offer. With the industry being more prominent than ever, there is no surprise that there is a long variety of bonuses to choose from, and knowing where to start could be a game-changing move. Secondly, there are the requirements, which are the bonus’s backbone, and determine the actual value of the offer. 

Before we take a look at what the ideal requirements are to ensure a return, let’s take a look at some of the most common online Bitcoin casino bonuses to choose from;

  • Welcome Bonuses

The welcome bonus is by far the most commonly offered bonus, used to tempt new players to the casino. These bonuses may vary in value, but most of the time, they are made up of a match deposit bonus of a certain percentage, and if you are lucky, free spins. 

  • Deposit Bonuses

Deposit bonuses are straightforward and are what their name implies. These bonuses are awarded to players that meet an allocated deposit amount. These bonuses are essentially the same as a welcome bonus but are not restricted to new players only.

  • No Deposit Bonuses

This is the holy grail of online Bitcoin casino bonuses. Bitcoin no deposit bonuses allow players to feel the waters without investing any funds. A no deposit bonus is usually very small, not often exceeding the value of between $5 to $10.

  • Reload Bonuses

Reload bonuses are a way for Bitcoin casinos to incentivize a new deposit. Like a deposit bonus, this promotion gives players an extra boost on their deposited amount. The difference between a deposit bonus and a reload bonus is that a reload bonus is now present on a particular deposit but rather on a certain day picked out by the casino. 

  • Free Spins

Free spins are music to slot lovers’ ears. Free spin bonuses give sot enthusiasts just what they need to make their buck go the extra mile. Free spins are allocated to specific slots at most Bitcoin casinos and are often joined to another bonus, such as a welcome bonus.

  • Loyalty Bonuses

This bonus explains itself. Loyalty bonuses are awarded to players that have put in the leg work and become regulars at a certain casino. Although not all casinos offer this bonus, another incentivized bonus system is called a VIP program.

  • Cashback

Cashback bonuses are new to the scene and bring players a sense of insurance on their wager. The idea is to give Bitcoin gamblers a percentage back of their losses over an allocated amount of time. 

 

  • High Roller Casino Bonuses

Are you a go big or go home kind of a player? Well, try out a casino that offers a Highroller bonus, encouraging and incentivizing big deposit players. Big spenders are always welcome at online Bitcoin casinos, and that is why this is one of the best offers a casino can offer its players. 

  • Refer-a-Friend Bonuses

A Bitcoin casino is only as big as its player base. To ensure they are constantly expanding, online casinos now offer bonuses to those that can broaden the player circle and refer a friend to the casino. 

 

Wagering Requirements: What Are They And Do They Affect Your Play?

Wagering requirements are the make-or-break moment for any online Bitcoin bonus. This is because, with the wrong requirements, the player could land up on the short end of the stick, making it hard to reap the rewards of your gamble. 

Besides the wagering requirement, there are many other aspects to look at when choosing your ideal bonus, such as playthrough requirements. All these restrictions are put into place to ensure the bonuses do not get taken advantage of. There are also bonuses such as the Bitcoin no deposit bonus that hold no wager requirements.

What is a wagering requirement, you may ask? Well, it refers to the multiplier that represents the number of times a bonus has to be played before one can withdraw the winnings. Sometimes these requirements have to be met in a particular duration of time. 

An example of wagering requirements is a casino offers a bonus that holds a 20x wagering amount of a 100% bonus up to the value of $100, this means that the gambler will need to deposit $100 to qualify to claim the bonus, equating to a playable value of $200. To see a return on this value, the player will need to wager that $200 20x, summing up to a grand total of $4,000 in wagers. 

A playthrough can be explained as the number of times a bonus is expected to be played before the gambler can claim any returns. For example, if you have a bonus of $200, you will need to wager $100 of it 20x in order to see returns amounting to a total value of $2,000 in wagers. 

The Wonderful World Of Bitcoin Casino Bonuses

As you can see, the online entertainment department is loaded with opportunities, and knowing where to sign up and get started is the first step to success. With a range of bonuses on the market, such as the Bitcoin no deposit bonus and free spins, the potential is endless. So be sure not to miss out, and get started on your online Bitcoin casino adventure NOW! Win at an online Bitcoin Casino

Last updated by Jen Van Lier on June 15, 2021

About the editor

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

Leave A Comment

TheBitcoinStrip.com uses cookies

To find out how we use cookies, please read our cookie policy or click accept to continue.

Bonus Feature: 1 Free Spin to Win Up To 1 BTC

Sign up for exclusive bonuses from TheBitcoinStrip

Over 18 only. Terms & Conditions apply.