In the past couple of years, crypto gambling really caught on and many people prefer to gamble using cryptocurrencies instead of traditional fiat money. Apart from many benefits that come with crypto gambling like security, decentralization, and faster transactions, crypto casinos usually offer higher bonuses compared to regular online casinos.
Running a crypto casino minimizes the cost of the casino that they usually pay third-party businesses for processing payments. So, as the profitability margin increase for crypto casinos, they tend to allocate more of their budget to marketing and offer more attractive bonuses.
In today’s article, we will take a look at some of the bonuses that are usually offered by crypto casinos and find out how you can get a Bonus from a Bitcoin casino immediately after signing up.
So, if you want to take advantage of all the promotions offered by the casino that can jumpstart your gambling career, make sure to follow this article to the end.
Most Common Type of Bonuses in Bitcoin Casinos
Just like regular online casino businesses, there are a number of bonuses you can take advantage of by doing certain things. Online casinos like to reward customers for specific actions on their platform in a form of a bonus, which can go pretty high. This means that it is really important to know how you can obtain every bonus at an online casino.
Depending on how these bonuses can be obtained, we can split them into multiple categories, such as:
The most common type of bonus traditionally found in Bitcoin casinos is the Welcome Bonus. Here all new players that register an account for the first time are entitled to the welcome bonus.
The Welcome Bonus comes in many different names, such as registration bonus, welcome package, signup bonus, or new member bonus. They all work the same way of rewarding the customer once they register on a casino website.
The type of reward depends on the casino, but usually, most crypto casinos hand out a certain percentage of free in-game currency bonus that matches your first deposit. For example, if a casino offers a 100% welcome bonus on the first deposit, this means that if you invest $100 you can expect $100 worth of Bitcoin back into your account.
Now, most people don’t know that you cannot withdraw the welcome bonus immediately, and you need to play a few hands before you are eligible to take the money into your wallet.
No Deposit Bonus
Another very popular type of bonus is the no deposit bonus. Some casinos do not require you to invest a certain amount of money in order to be eligible for a bonus, and you’ll be handed over a certain amount of free money that can be used for gambling.
Since the cost of this bonus falls directly on the casino, these types of bonuses are usually smaller than Deposit Bonuses.
On the other hand, most crypto casinos have a Deposit Bonus that encourages people to invest money into the platform in order to take advantage of this bonus. Most casinos offer a certain percentage that comes in a form of free money or spins on your 1st deposit.
Some casinos even go a step further offering multiple deposit bonuses, not only on your 1st deposit. In order to take advantage of such deposits, you need to meet certain requirements, and invest your own money into the process.
Sometimes online casinos give you rewards that give you the opportunity to win back what you have lost. Cashbacks are perfect for minimizing the risk factor of gambling where you’ll feel more comfortable investing your money.
Some crypto gambling websites are generous enough to hand out daily cashback, while others prefer to accumulate all your losses and then reward you with a weekly bonus.
The loyalty system is very much present in the online gambling world, and casinos like to hand out rewards to their most loyal customers.
There are many different types of loyalty rewards that can be obtained by doing certain things. Loyalty rewards usually hand out many privileges to players in form of higher withdrawal limits, bigger bonuses, or free spins.
However, in order to be eligible for a loyalty reward each casino has different requirements that you need to check.
These are some of the most common types of Bitcoin rewards you can get at online casinos. The bonus system is essential for making the most out of your gambling session, and it not only lowers your risk of losing money but also motivates you to play more and get a chance to win money without risking your own funds.
This is why it is really important to go through all the bonuses that a casino offers before you register on that casino’s website. Once you know all the bonuses, your job is to take advantage of the free money.