Bitcoin Casino Bonuses
If you love your slot machines, your table games and all the other fabulous casino games offered online, then you probably are familiar with casino bonuses. And even if you aren’t, you can probably guess exactly what they are. They are a bonus: extra casino money if you will, which is given to you when you create a new account and also make a deposit at an online casino/ gambling site.
Why do online casinos offer bonuses?
Essentially, it does make them money, but it is also is a handy marketing tool to attract new customers. As you can probably tell, the online gambling world is a very competitive one. New gambling sites are popping up all over the place, giving older more established casinos a run for their money.
Often the lure of an awesome bonus is all it takes for punters; casino players and online gamblers like to switch to a new place to play with the offer of a shiny new bonus – and at new gambling sites the first-time deposit bonuses are usually much better and bigger than your standard ones at their current casinos.
Now, when it comes Bitcoin gambling sites and bonuses, there’s an added perk here. Usually, when you are a new customer at an online gambling site, you can usually get a high-value welcome bonus, as we just mentioned above. However, it’s pretty standard that if you deposit by Bitcoin at Bitcoin gambling sites, you’ll get a much bigger and better bonus than even the most lucrative deposit bonuses.
Why? Due to the simple fact that using Bitcoin as a payment method is actually far cheaper than more traditional methods and this actually helps the casino be able to be a little more generous to their customers. So depositing by Bitcoin is a win-win combination for both casino and customer!
Can you win using these casino bonuses?
Yes, you absolutely can, but we always encourage you to read through all of the terms and conditions of any casino bonus, before you start playing. That way you know what you are in for and also what is expected of you and what you’re expecting from the casino. That way, there can be no 'grey' area. It’s important to be clear from the outset in case any huge win arises and you can’t cash out because, for example, you haven’t been playing any casino games that are part of the wagering requirements – and that sort of thing.
In most cases, when it comes to wagering requirements, you are going to find that you will be limited to a few specific slots and games to play on. Honestly, to us, this is not going to be that much of an issue because the slots that you are limited to play on tend to be pretty good.
In addition to this, you can’t just win and withdraw your money "just like that". Online casinos do not give away their money that easily. In all cases, you will need to play through your winnings several times before you can withdraw them from your account. The number of times that you will need to play through your winnings will be dependent on the online casino that you are playing at and each gambling site differs from the next. And there may even be more requirements if you are using Bitcoin deposit bonuses too.
That’s why we insist that you always read the full terms and conditions, every single time! Incidentally, nothing says that you need to accept a casino bonus. If you love everything that the online casino offers, you can choose not to accept the bonus and sign up anyway and get cracking.
Welcome Bonuses
These are usually the most lucrative bonuses, and they are the first thing that most people see. With most welcome bonuses, you will need to deposit something into your account, and then the online casino will give you something to play with.
This will normally come in the form of a cash bonus that you can use how you please (there will be limitations), and then there may be some free spins on top of that. On occasion, you may also find ‘no deposit’ bonuses, which means that you do not need to deposit a single penny into your account to take advantage of them.
Bitcoin Loyalty Bonuses
This is where the bonuses start to get lucrative. Once you have proven that you are a good player, or rather a ‘loyal’ player then the online casino will want to have you sticking around and playing there as much as you possibly can. To do this, they will give you various kinds of bonuses on a regular basis. If you are a keen player of slots and casino games such as online blackjack and roulette on their website, then you can expect a lot of these bonuses thrown your way!
How to use your Bitcoin Bonuses
If you have the choice, then you should always try to use your Bitcoin bonuses on low volatility slots and casino games. It will ensure that you stand a better chance of converting your money to the point where you are able to cash out your winnings! If you do not have a choice in the slots that you play on, then aim to play something that you have never played before. That way it can be more fun and we think that there’s nothing better than checking out a brand new slot and winning!