What You Should Know About Crypto Casino Bonuses?
$5,000 Welcome Bonus
Like regular online casinos, sites that let you gamble using crypto aim to entice new players onboard with juicy offers and sign-up bonuses.
That sounds good in isolation, but it’s worth learning a little more about what these deals involve, how they work, and whether there are any caveats to keep in mind before you take the plunge.
Why bonuses are offered in the first place
Just as the crypto market has grown, so too the interest in blockchain-based gambling has risen rapidly in the past few years.
Mainstream adoption brings with it plenty of competition, which of course means that crypto casinos need to do something to differentiate themselves from their rivals.
Bonuses are a way of doing that, and also of rewarding players that pick them for a spot of wagering in their spare time.
How bonuses work
The most common crypto casino bonus is a deposit matching offer. This means that however much of your currency of choice you deposit when you create your account, whether that’s Bitcoin or any other supported token, the site will reciprocate by adding more credit to your account that’s equal to what you put in.
There’s usually an upper limit on this, for obvious reasons. But many deposit matching schemes are very generous, because casinos are happy to take a hit up front if it means they can convert new players and keep them loyal.
Other bonuses are game-specific; for instance, you might be offered free spins on a particular slot for signing up, or you might get a free bet on the sportsbook portion of a given gambling site.
How to get the best bonuses
The most appealing crypto casino offers are usually available via a referral code. For instance, you can find a Bitget referral code to unlock an additional bonus on top of what the operator provides to a typical customer coming in from the cold.
Bear in mind that these codes usually have a small window within which they are valid, so always check the expiration date of any you encounter to ensure that the offer is still live.
What you need to look out for
There are a few points to note about crypto casino bonuses that aren’t immediately obvious to new players.
First, the offers are usually only on the table if you’ve never opened an account with a given site before. As mentioned, this is all about promoting crypto gambling to fresh prospects, so existing customers will not be eligible.
There will be loyalty-related incentives for people who keep coming back to use the same site time after time, so don’t think that rewards are totally out of reach. It’s just a case of comparing sites carefully and seeing which ones are generous not only to fresh faces, but also old hands.
Second, online casino bonuses of all types are usually tempered by terms and conditions that control both how you can use them, and what you’ll have to do before you can make a withdrawal to your wallet.
For instance, some sites will only let you use your bonus credits on specific games. Many will also have a wagering requirement in place, which is basically a minimum amount you have to bet before withdrawals are enabled.
This is all part of protecting their outlay on new player acquisition, rather than letting anyone create an account, receive a bonus and then immediately walk away with the cash.
Final Thoughts
Play your cards right, and crypto casino bonuses can go a long way. You just need to know what to expect and how to use them.
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