You can get at least 1 BTC in bonuses with your deposits
You might not know it, but online casinos love players who use bitcoins. That’s why we cryptocurrency folks get bigger and better bonuses than players who play with old-school fiat currencies.
We get these better bonuses because accepting credit card (deposits or even debit card or Neteller or Skrill) is a big, expensive hassle for casinos. Bitcoin deposits, on the other hand, cost next to nothing and are simple for everybody involved.
As a Bitcoin player, you can easily get deposit bonuses up to 1 bitcoin per deposit. These kinds of sums are amazing when you consider that typical fiat-money bonuses are much smaller. For example at BitStarz you get nearly 20x(!) bigger bonus with BTC than you would with fiat money.
These bonuses match your deposit with a certain percentage, which usually is 100%. So deposit 100 mBTC to get 1 mBTC bonus for example. The extra money might not be all you get, as some casinos sweeten the deal by handing you free spins on top of your deposit bonuses, like the good folks at FortuneJack.
So in short, you can expect to get a lot of free bonus money when you deposit with bitcoin. The only exception are betting sites, which sometimes offer free bets instead of deposit bonuses.
What Types Of Bonuses Are Offered? How Do They Work?
The one bonus almost every casino offers is a welcome bonus. This is a bonus given to new players when they first register with the casino. It is a great way for the casino to start off on the right foot with their patrons and for them to show their appreciation. It is also a good way for new players to test out games and see which ones they enjoy the most.
How do they work? First, log into your casino account. Then, while you are making your first Bitcoin deposit, you will be able to redeem a bonus code. After redeeming the code, you can collect the bonus and being to meet the wagering requirements so you can eventually withdraw.
Most online casinos offer a deposit bonus.
This is a type of bonus that players receive after depositing Bitcoin into the casino as a show of gratitude. For instance, if you make a deposit of $10, the casino might match that ten, essentially giving you $10 worth of bonus cash.
A deposit bonus will typically have a set percentage. If a casino offers 100% match bonus, they will match the whole value of the deposit. However, they will almost always have a cap. Other casinos may offer a 75% match bonus or a 50% match bonus, or even a %200 match bonus.
Bet and Get
This is another promotion you will come across, especially in online casinos that offer online sports betting. If you make a $20 sporting or online bet, the casino might give you $10 to use at the casino’s other games.
However this type of bonus can get even more generous sometimes offering offers more in the play/spend $10 get $50 in bonus chips.
As customers, and regulators, get less and less keen on wagering requirements this type of bonus makes more sense and we expect to see more of them coming in over the next 6-12 months.
Free spin bonuses are a popular promotion geared toward slot games. A lot of times you will see the free spin bonus show up as part of a welcoming package.
For example, a casino might offer a welcome bonus when a new player signs up where they give a deposit bonus plus 100 free spins. Some casinos give a free spin bonus to players when they register for the website, even if they do not make a deposit.
Typically, free spins only work on slot games. Sometimes, the free spins also work on other games. The terms and conditions of the given promotion will tell you what games are included in the free spins.
A free cash bonus is a chance to play without actually risking any of your money. A casino might offer $20 of free money to new members when they first register. Casinos will also give free bonuses to existing customers as a way to incentivize them and gain their loyalty. Free no deposit bonuses are attractive to players because they get the chance to win real money without having to put any of their own money on the line.
The free play bonus is another common bonus you will see. This bonus is similar to a free cash bonus, but the bonus is time-restricted. For example, a casino might provide the customer $50 of free play, but once the bonus is claimed, the customer might only have an hour to play with the free cash. Once the hour is up, you can exchange your winnings for a smaller percentage of real money. You will see this type of bonus both as a welcoming bonus and as a loyalty bonus.
Wagering Requirements & Casino Bonuses
All Bitcoin casino bonus offers and deals will have wagering requirements attached. It’s important you understand them before you get started…
What are they? Simply put a wagering requirement is a condition attached to any bonus which stipulates a number of bets (or wagers) you must place before you can withdraw your bonus/winnings.
So if the casino gives you $2,000 bonus and attaches a 35x wagering requirement, you would need to wager $70,000 before you can make a withdrawal of any winnings or bonus awarded.
Often times, a bonus will specify eligible games. If that is the case, you have to wager the money on those designated games for them to count toward the wagering requirement. If you forfeit the bonus, the initial bonus and any of the winnings that came from that bonus will be removed from your account. If there is a wagering criteria, you will have a set time period to meet the requirements of the terms and conditions or the bonus and winnings will automatically be forfeited.
Not all games contribute equally to the wagering requirement and this differs at different Bitcoin casinos. As an example: 100% of your wagers could contribute to the requirement when you play slot games and speciality games. The percentage might then be less for table games, video poker, blackjack roulette, and baccarat.
Certain games can even be excluded for wagering requirements so it’s important to familiarize yourself with the terms before you start playing.
How Do Bitcoin Casino Bonuses Work?
Bitcoin casino bonuses work like regular online casino bonuses. There is a slight difference if the bonus is a deposit bonus. When you deposit Bitcoin into the casino, the coins are translated into a fiat amount. The fiat amount is what shows as your bonus amount.
Best Bitcoin Casino Bonuses 2018
#1 mBit Casino
mBit is different from other platforms represented here, as it offers sportsbooks alongside with casino products. Launched in 2014 by Direx N.V., mBit offers gambling with the help of Bitcoin, Litecoin, Dogecoin, Ethereum and Bitcoin Cash. It is licensed by Curacao, much like other platforms. You can register an account here without scanned ID to withdraw coins to your wallet.
You have the largest bonus out of all four companies for your first ever deposit at mBit.
- 200% up to 50 mBTC / 300 mBCH / 300 mETH / 3 LTC / 75,000 DOGE.
- Second deposit, you have 50% for the same volume as first while third offers 25%
- Accepts BTC, LTC, BCH, ETH, Doge
- 1st: 150% up to 1 BTC + 200 Free Spins
- Total: 2.5 BTC + 200 Free Spins
- No deposit: 20 Free Spins
- Total with High Roller bonus: 5.25 BTC
- ETH, LTC, DOGE and BCH bonuses available
- 1st: 110% up to 1.5 BTC + 250 Free Spins
- Total: 5 BTC + 250 Free Spins
- No deposit: 25 Free Spins
The promotion section of the company offers bonuses for first and several other deposits made in fiat money and bitcoins.The service is similar to what others, like Fortune Jack, mBit,andBitcasino, offer. The following bonus program is currently available to you:
- first deposit: 100% up to 1 BTC + 180 free spins
- second deposit: 50% up to 1 BTC
- third deposit: 50% up to 2 BTC
- forth deposit: 100% up to 1 BTC
- individual game bonuses: double more wins on Rookie
- simple sign-up bonus: 20 free spins with no deposit required
Best No Deposit Bonuses
Some Bitcoin casinos offer also bonuses, where you don’t have to deposit any Bitcoins to the site. This Bitcoin casino no deposit bonus is a good way of building your casino roll with no risk.
No deposit bonuses:
- FortuneJack – No deposit bonus – 25 Free spins
- BitStarz – No deposit bonus – 25 Free spins
- Betchain – No deposit bonus – 20 Free spins
A Word To The Wise..
Be Careful With New Platforms
With the growth of bitcoin network, so did the number of casinos turning out to be complete scams. Bonus promotions by new players in the market often seem to be “too good to be true”. Unfortunately, if you have that feeling when looking on new gambling platform, in most cases, you would be right. So, make sure to check out acouple of facts about the website before you decide to invest your funds:
- gambling platform holds a license for its operations, issued by the governmental agency;
- owners of the company are known to the general public, with clearly stated location of headquarters
- proof of insurance of funds and/or cold storage of coins
- customer reviews already available in the crypto communities.
New To Bitcoin? Check Out This Video by Mashable