Everything You Should Know About Welcome Bonuses at Bitcoin Casinos
Whether you want to get started with a Bitcoin casino or if you’re simply looking for the best way to play more, you may want to consider welcome bonuses. These offers are the most generous ones you’ll find at an online casino, and they’re even more generous at Bitcoin casinos.
Before you claim one, allow us to show you what to expect from these offers, and you’ll also find a selection of the best Bitcoin welcome bonuses on this page to help you make a decision.
What is a Welcome Bonus?
A welcome bonus is a promotional offer you’ll find at an online casino, and the offer will differ from one casino to another. Most of the time, a welcome bonus offers a deposit bonus and free spins on the first deposit made as a new player. However, it’s also possible to find welcome bonuses, which will offer several bonuses spread across a determined number of deposits.
What’s Inside The Welcome Bonus?
The Deposit Bonus
Deposit bonuses are usually expressed as a percentage, and it’s calculated depending on the amount deposited. With this kind of bonus, you’ll have a minimum required deposit and a maximum amount the bonus can’t exceed. For instance, if you have an offer with a 100% bonus, which is also called a match bonus, the casino will give the same amount as your deposit. So, by depositing 1 BTC, you get to play with an additional 1 BTC.
Free Spins
In addition to the deposit bonus, you’ll also find free spins; not every casino offers them, but they’re often part of the welcome bonus. It’s pretty self-explanatory, free spins allow you to play online slots for free, so when you spin the reels on a selected slot, the casino won’t withdraw it from your balance but from the free spin counter.
You’re Welcome, But There Are Conditions
When you claim a welcome bonus, there are conditions the casino will ask you to comply with to play and withdraw any subsequent winnings. The main one is the wagering requirement, which indicates how many times you must play the bonus and your deposit amount before you can cash in winnings. Wagering requirements are often shown as a multiplier, which you must apply to the amount of your bonus and deposit to know what to expect.
For example, if you deposit 1 BTC and receive 1 BTC as a deposit on an offer with a 10x wagering requirement, this means you’ll have to wager 20 BTC before you’re allowed to withdraw. Here’s how you can get to this number:
1 BTC (your deposit) + 1 BTC (the bonus) = 2 BTC
2 BTC x10 (the wagering requirement) = 20 BTC
Furthermore, the casino may also ask you to play within a specified time frame on certain games, and it can also restrict the types of bets you can place, depending on the offer.
How To Claim a Welcome Bonus At a Bitcoin Casino
If you want to know how to claim a welcome bonus at a Bitcoin casino, follow this step-by-step guide. Before getting started, we invite you to acquire Bitcoin with a trusted broker and to open a crypto wallet to store your crypto.
1. Create Your Account
When you’re on the site of a Bitcoin casino, you can click the join or sign up button to create your account. In any case, you’ll have to fill out a form with your name, date of birth, email address, mobile number, and postal address to create the account. Not all casinos require this info when signing up, some casinos require just a username, email and password or a crypto wallet.
2. Claim Your Welcome Bonus & Deposit
If you’ve clicked one of our links, you won’t need to claim the offer manually. However, if you didn’t, you may need to enter a bonus code or opt-in for an incentive. Whichever you choose, you’ll have to make a deposit to receive your bonus.
So, go to the cashier and click the deposit button when logged in. There, select Bitcoin as your payment method, and there you can enter the amount and the address to your crypto wallet. However, to avoid mistakes, we’d recommend scanning the QR code displayed for the Bitcoin transaction.
3. Play
After your transaction is confirmed, the funds will arrive in your account within a few minutes, along with the welcome bonus, so all that’s left to do is play games and have fun with your bonus.
Claim The Most Generous Welcome Bonuses With Bitcoin Casinos
Now, you know the most crucial aspects of welcome bonuses and how to claim them at a Bitcoin casino. So, we invite you to learn more about the various bonuses featured by the Bitcoin casinos we’ve reviewed. You’ll notice they tend to be more generous than those found with fiat online casinos, which means more fun for you!
