Bitcoin Bonuses by Bit Jackpots – BitCoin Casino Reviews
If you’ve ever visited bitcoin casinos, you’ve probably come across a page advertising a good bitcoin bonus in exchange for registering an account or making a first deposit. But what is a good bitcoin bonus exactly and why should you care?
A bitcoin bonus offer is an amount given to players by a casino to encourage you to play. It usually comes with strings (there’s no such thing as a free lunch). As a player you can use these bonuses to your advantage for various goals. Your goal could be to check out a casino’s games, test their service, or stretch your first deposit as far as you can. This article will show you different kinds of bonuses can be used.
Those strings we mentioned can come in all different forms. Some casinos call them “wagering requirements”, others “rollover”, and others “playthrough”. At the end of the day, the casino can only give so much away and it needs to make sure that players don’t abuse free bonuses. Supposing a casino gave away a free .0005BTC to everyone who completed a registration form but had no withdrawal terms or requirements. They would get a lot of customers and that would be great, however the odds are many customers would hit big (or small) and withdrawal without playing. This would stop the casino from being able to operate. We’ve actually seen it and it does not look good. The wagering requirements are there to ensure the player can enjoy the bonus and the casino can continue to afford to offer bonuses. It’s a bonus circle of life, if you will…
These types of bonuses have become popular over the last few years. Advances in technology have allowed casinos to offer free spins to players on a variety of games. In its simplest form, a free spins bonus is a set number of spins that a player is awarded at a set value (say 25 Spins at $0.01 per spin). These are almost always expressed in FIAT hence the use of dollars and cents here. Players can choose from a variety of selected games to spend their free spins on. They keep the winnings which are usually subject to a wagering requirement. A common requirement is forty times. An example would be if you had a balance of $200 after completing 25 free spins, you’d have to wager $8,000 before you were eligible for a withdrawal. Most bonuses of this type require you make a deposit to claim the winnings. Some just require you submit valid ID (KYC). They almost always must be played on slots and almost always have a maximum win amount. Free Spins are being offered more and more as part of a welcome bonus.
Expert Tip: An introductory no deposit free spins bonus allows you to check out real games and get a feel for the Casino’s selection and service by only committing to registering an account.
Free Chip Bonus
The Free Chip is a rare but coveted bonus bitcoin offer. It is essentially free cash in your balance for you to play with as you wish. Well, almost. Most restrictions will require you to play slots only. You can imagine how table games could lend themselves to bonus abuse. Free Chips can come in the form of an introduction bonus to a casino who is trying to incentivize you to try them out. it can also come as a ‘comp’ given to players by the Customer Service or Retention teams who want to console players for a bad run or thank them for their loyalty. Usually an introductory free chip is between .00055BTC and .0027BTC (around USD $5 and $25 at the time of publishing). A comp will depend on how badly you got beat down and be at the discretion of the Casino or Platinum Team Manager.
Expert Tip: Though rare, an introductory no deposit free chip allows you to experience a casino feel using real money. Beware of restrictive wagering requirements before accepting.
Most casinos place their Welcome Bonus front and center on their homepage in the most marquis of locations. It’s the hallmark bonus that they shout from the rooftops for all to hear. Welcome Bonuses come in all shapes and sizes and all are linked to your first deposit. There is the ‘match’ percentage up to welcome (i.e.: 100% up to $500 or 1BTC). This means you will get x percentage of your deposit matched up to a limit of y amount. There are combinations of this – the match + free spins, the match + $/BTC chip bonus. Welcome bonuses are not restricted to your first deposit but multiple deposit welcome packages usually have an expiry date. These packages deliver the bonus across your first number of deposits, usually three, but some have gone higher. All have wagering requirements. Casinos usually combine the deposit amount with the bonus amount to determine the final value subject to the wagering requirement of a welcome bonus.
Expert Tip: This bonus is for players who are ready to make their first deposit with a casino. Make it count. If you’re goal is entertainment (and it should be), choose a welcome bonus that stretches your first deposit the farthest.
VIP and Recurring Promotions
Many online casinos offer loyalty programs to keep their best customers happy. Some offer weekly promotions to all players, regardless of status. As a slots player, a casino worth its salt will promote you to program of some kind once your Welcome Bonus is completed. This is a great place to take advantage of what the casino has to offer on an ongoing basis. Membership should have it privileges – at least it should if you’re spending your hard earned crypto. This doesn’t just have to come as a deposit bonus, although it should. Players at BitStarz, for example, can expect a 50% reload bonus every Monday they make a deposit. It’s handy because these bonuses are automatic and don’t need to be requested. Other bonuses can include a Birthday bonus like the one at Loki Casino where you get free spins, a money gift, or a combination of both on your birthday. That’s usually something you forget until you get a message on your birthday, but it’s a nice surprise.
Expert Tip: If you are a high roller entering the bitcoin casino world for the first time, we suggest reaching out to the casino support team upon completing your Welcome Bonus. Request your limits be increased and some kind of reload bonus on all deposits you make. You’ll be asked to prove your high roller status but a screenshot from a previous casino should work.
There you have it: our brief but useful guide to online casino bonus bitcoin offers as we see them. Remember, almost all bonuses have wagering requirements and some even ask for KYC. Don’t let that prevent you from taking advantage of an opportunity to experience the casino before making that important first deposit. Read our online casino reviews and empower yourself with knowledge to make sure you get the Welcome Bonus you’re looking for. And make sure to remember, it’s all about good fun!