Bitcoin Welcome bonus at Online Casino
Those of us who dabble in online gambling will likely have come across the term “welcome bonus” before, and Bitcoin Casinos are no strangers to the whole matched-deposit-bonus offering, with many giving players better deals than conventional casinos!
In this guide, we’re going to take a closer look at what different types of Bitcoin welcome bonuses are available at online casino.
What is a Bitcoin Deposit Bonus?
A Bitcoin deposit bonus generally comes in the form of a matched-deposit-bonus. This will look something along the lines of…
- 100% matched deposit bonus up to 1BTC!
What this means, is that any amount you deposit into the casino, upon joining, will be matched by the casino. Let’s look at a specific example;
Say you joined a Bitcoin casino offering a 100% matched-deposit-bonus like we saw above. Let’s say that you wanted to deposit 100mBtc – so a tenth of a Bitcoin. Well, once you make your deposit, your account balance at the casino would actually show 200mBtc – as the casino have doubled your funds for you.
Of course, there are terms and conditions attached, but with the online gambling industry being so competitive, casinos have to offer lucrative bonuses like these in order to attract players… so use it to your advantage!
Bonus at Bitcoin Casino
18+ Only - Terms & Conditions Apply!
Wagering requirements are almost always attached to bonuses, and this is the main way that the casino manages their financial exposure, or in other words; risk. Let’s look at the above example again; if the wagering-requirements were set at 35X, you would need to play-through 3.5 BTC before the bonus funds are transferred to real cash.
It’s worth pointing out that different casinos have different ways of delivering their bonuses – so while one may require you to play-through the entire deposit + bonus amount, others will have higher wagering-requirements, but only activate the bonus when you’re out of real money.
It’s always worth reading up on the terms and conditions before you decide to join or play anywhere, as this will prevent you unknowingly breaking any bonus rules set in place by the casino.