One of the biggest trends in the online gambling industry is the introduction of cryptocurrencies. This new payment system allows people to play their favorite casino games using some of the most popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others.
There is a huge rise in the demand for crypto casinos, which is why casino businesses are working around the clock in order to adapt their services to the latest blockchain technology and offer a competitive Bitcoin casino bonus.
So, why cryptocurrencies are suddenly so popular in online gambling?
Well, there are a couple of reasons why the crypto gambling sector flourishes at the moment. First of all, cryptocurrencies are more secure than traditional payment methods. Additionally, they have faster transaction processing and lower fees.
Lastly, crypto casinos offer more attractive bonuses compared to traditional online casinos.
Just because of the lower operating costs for crypto casinos and fewer transaction fees, they tend to make more profits. However, in order to attract players to this new market segment, most crypto casinos spread their additional profits among players in the form of bonuses and rewards.
In today’s article, we will take a look at how to take advantage of such crypto bonuses and find all the ways you can earn Bitcoin for free.
Best Bitcoin Bonuses in Crypto Casinos
There are a number of different types of Bitcoin bonuses traditionally found in online casinos. They are spread across a few different categories where the casino rewards players for their actions. It is really important to try to get all casino bonuses at the beginning since it will provide a nice risk-free way of earning additional BTC.
Here are some of the most popular Bitcoin Bonuses.
One of the most common types of bonus traditionally found in an online casino is the deposit bonus. This type of bonus allows players to earn a certain percentage of their deposit back in form of bonus funds. This is a great bonus to start your gambling session as a newly registered player in a casino and provides a jump start where you get to gamble more time and increase your winning chances.
For example, the most common Deposit bonus found in the crypto casino is a 100% deposit bonus, which means that if you deposit $500 worth of Bitcoin, you’ll get an additional $500 back in bonus funds that you can use to gamble with.
The most important thing to consider here is that some of these bonuses come with wagering requirements. In most cases, this limits you to wager the amount you received as a bonus a certain number of times before you are allowed to withdraw it. For example, if a casino has a 20x wager requirement, you need to gamble with your bonus funds 20 times in order to be able to withdraw them.
Here we have an interesting way of casinos rewarding players for performing certain tasks. Simply put, facuet bonuses are offered by casinos or apps in a form of satoshis (fraction of a Bitcoin) where people are required to do certain tasks such as signing up, viewing ads, or taking surveys.
Even though Faucet bonuses might look small, they can quickly add up if you participate in all the bonus promotions and over time you’ll be able to build a BTC budget for risk-free gambling.
Another popular bonus in the online gambling space is the welcome bonus, which is very simple to the deposit bonus in most cases.
Some casinos will give you free BTC for signing up, but others will require you to deposit a certain amount of BTC, in which case they will give you a percentage of the money back.
For example, some casinos might offer you a 100% match on your first deposit up to 1 BTC.
The only difference between welcome and deposit bonuses is that the welcome bonus can be claimed only once. On the other hand, the casino might allow deposit bonuses a number of times.
No Deposit Bonus
One of the most desired bonuses is the “No Deposit Bonus” where players are basically given free BTC without forcing them to deposit a certain amount of money. Since online casinos are businesses, nobody wants to hand out free BTC, which is why they are often limited with playthrough requirements.
Additionally, these types of bonuses are also a lot smaller than the Deposit bonus, which is explainable since the casino is getting nothing in return.
Free Spin Bonuses
The last bonus on our list is the Free Spin bonus, where players are rewarded free spins for a certain game or slot. In most cases, this type of bonus is also tied up with wagering requirements, which means that you have to bet the winnings from your free spins a certain number of times before you are allowed to withdraw them.
It is an interesting bonus that can extend your gambling session by quite a lot and gives you an option to win more money.