Bitcoin gambling has been around for eleven years now. It got up and running in 2011, two years after the world’s first digital currency hit the World Wide Web. Most casual gamblers nowadays don’t know that the initial Bitcoin betting sites were mainly provably fair dice ones, which quickly got followed up by online card rooms accepting virtual money.
Today, the offer of internet Bitcoin gaming/wagering platforms is not only vast, but it is ever-growing, with novel contenders emerging every week. Hence, for new casinos to become instantly competitive in such a saturated marketplace, they must offer enticing promotions, which, more or less, are the bread and butter of this sector. Furthermore, these Bitcoin deals are more generous than those allotted for fiat gamblers. That is due to the specificities and the niche nature of this sphere.
Below we explain the most popular promos offered by Bitcoin casinos and what interested parties must do to claim them so they can do some on-the-house gambling.
What Is a Bitcoin Casino Bonus?
A Bitcoin bonus is any promotion offer a gambling operator makes to potential and existing site users that they can claim via the original cryptocurrency. These deals come in various forms, but their benefits get paid out in Bitcoin to a gambler’s platform balance.
Their main aim is to convince players to continue betting on the hub offering the alluring promo, and the appeal for them is to snag free-play gambling funds that will extend their sessions and increase their winning chances.
Deposit Match Deals
A deposit match is 100% what it sounds like. It is a bonus that matches a gambler’s deposited funds using a specific percentage up to a predefined max amount. 100% up to 1 BTC is a typical example. These deals are the backbone of the online gambling sector, comprising around 95% of all welcome packages at Bitcoin and fiat casinos.
The difference between these standardized offers at the two-mentioned categories of sites is that platforms accepting Bitcoin are far more generous in giving away vast amounts of casino cash. Governments and financial institutions do not yet monitor crypto transfers. Hence, it is more beneficial for operators to stimulate their use because, on top of no regulatory oversight, Bitcoin transfers get processed incomparably faster than fiat ones.
Virtually all deposit matches feature the following three bonus stipulations that all players eager to claim them must fulfill. They are a wagering requirement, max bet cap, and a wagering requirement completion deadline.
No Deposit Promos
No deposit bonuses give away something for nothing. They will either supply a limited number of complimentary reel rotations on a given slot or a small sum of Bitcoin as a reward for gamblers choosing to use a specific platform. As their name suggests, parties do not have to deposit BTC to claim them. They only need to complete the registration process.
Essentially, they are the bait that operators use to hook players considering joining their site, hoping that once they get the advertised no deposit deal, they will like their platform and morph into regulars.
Free spins often get paired with a deposit match, but they can also be stand-alone deals. Usually, the number of provided complimentary reel rotations is unlikely to exceed the one hundred mark. Yet, in some welcome packages, it does.
Also, free spins frequently get given out for specific day deposits, called reloads.
Chat rain is a crypto/Bitcoin casino exclusive promotion. It rewards users for their community activity in a platform’s public chat. Every six hours, a chatbot randomly chooses a specific number of site users. They are gamblers that have posted messages in the public chat window in the last few hours, causing the automated system to award these arbitrarily selected players with free Bitcoins.
The coins given out through this promo are nothing extraordinary. Nevertheless, they are free betting funds, and what is there not to love about that.
A free faucet is a mechanism that gives away coins to platform users who complete simple tasks, such as solving captchas. This apparatus aims to give newbies a few coins they can use to play games with real money looming prizes on the line while getting educated on how digital currencies work.
Note that Bitcoin faucets were a common sight at provably fair Bitcoin gambling sites but have since slowly gotten phased out by operators running platforms that host RNG-powered table games and advanced slots.
The Best Bitcoin Casinos
Undoubtedly, there are close to a thousand Bitcoin casinos online. Thus, it can be difficult for those unfamiliar with this sector to find and join credible ones, platforms they can test their luck on by wagering virtual coins on traditional gaming products. Consequently, the newbies would be wise to rely on the advice of premium interactive game info hubs concerning platform selection. For instance, the best bitcoin casinos at OnlineUnitedStatesCasinos.com are Wild Casino, Las Atlantis, Super Slots, BetUS, and BetOnline.
These are vetting gambling hubs with decent industry standing, licensed by responsible gaming bodies, supplying extensive libraries of games, and mouth-watering Bitcoin bonuses.
Things to Know Before Claiming a Bitcoin Bonus
When making a Bitcoin deposit at an online casino, it is vital that gamblers send their funds to the correct Bitcoin address, as once a cryptocurrency transfer goes through, it is irreversible.
Furthermore, even though some Bitcoin sites advertise themselves as hubs where people can do some anonymous gambling, it is super likely that they will make their users go through a KYC process. That is a mandatory identity verification procedure that helps ensure players are who they say they are before they complete their first withdrawal.
Lastly, slots are probably the only gaming products that will contribute 100% towards fulfilling a Bitcoin promo’s wagering requirement.
To Sum up
Bitcoins casinos seem to be all the rage these days, and a massive contributing factor to this trend is the bonuses these gaming hubs deliver. There is a great variety of promotions found on these sites that stretches beyond the listing discussed above. Moreover, their desirability level, benefit-wise, is something that few online gamblers can resist, as they blow most fiat deals out of the water.