One of the greatest benefits of online crypto casinos over traditional betting sites is their insane bonuses. The fact that they deal in cryptocurrencies, which incur significantly lower transaction fees, leaves online crypto casinos with lots of money which, they can pass on to their customers in the form of bonuses.
Whenever you sign up with any of the top Bitcoin casinos, you will likely come across the word ‘bonus’ within these sites. Of course, anything bonus, means a discount and you will be more than excited to explore them. However, knowing about bonuses and understanding how to utilize them are two different things.
So, this article will take you through some of the most common bonuses offered by crypto casinos and how to utilize them effectively to maximize your winnings.
The Welcome Bonus
Most Bitcoin casinos offer a welcome bonus exclusively designed for new players and offer a pretty lucrative incentive to kickstart your gambling journey. The offer usually comes as a deposit match, whereby the crypto casino matches a percentage of your first deposit.
For instance, if your welcome bonus is 50%, and you deposit 1 BTC, the casino will match your deposit with a 0.5% BTC bonus. Similarly, if the bonus is set at 100%, the casino will match your deposit by 1 BTC. This offer works quite well for experienced gamblers who can deposit a considerable amount to get higher bonuses.
Free Spins
Free spins are pretty standard in slot games. These offers often come as promotions for new games or as bonuses for playing the game for some time. Free spins enable you to spin the reels and win real money without spending your own cash. What’s more impressive about free spins is that you can withdraw your winnings instantly if you meet the minimum withdrawal limit.
No Deposit Bonus
No deposit bonuses work much like the welcome bonus, but with one key difference –you don’t have to deposit any funds to get the bonus. No deposit bonuses are typically less valuable but provide an excellent opportunity to win real money risk-free.
Conversely, no-deposit bonuses often come with wagering requirements you must complete to utilize them.
Cashback Offers
Everyone loses sometimes, even the most experienced gamblers. However, just because you lose doesn’t mean your money is gone forever. Some of the best Bitcoin casinos kick back a percentage of your losses incurred within a specific period as cashback.
To utilize your cashback offer effectively, it is essential that you first read through the casino’s terms and conditions for cashback because some casinos have different game rules. Other than that, cashback offers serve as an excellent safety net that could help you mitigate your losses and extend playtime.
The Bottom Line
Bonuses provide one of the best ways to maximize your winnings and even make some free cash. But it is vital to note that some bonuses come with wagering conditions that must be met before you can play and make real money. You should also note that not all Bitcoin casinos offer bonuses, and the ones provided differ from one casino to another.