Deposit Bonuses at BTC casinos
It was stated before that Bitcoin casinos offer bonuses and promotions to entice players to join the site and keep existing players in the fold. The most popular bonus is a deposit bonus and there are different forms of them.
A welcome deposit bonus is a bonus you will receive by either signing up at the online casino or making your initial deposit. There is also a reload bonus where you will get a bonus by depositing at the casino after your initial one. The welcome bonus is the one that is, typically, the most lucrative, as casinos want new players and because of that, offer a great bonus on your very first deposit.
In terms of the welcome bonus and reload bonus they can come in the form of a match bonus. So for example, an online casino can offer a welcome bonus of 100% up to 1 BTC with a wagering requirement of 35x. If you deposit 100 mBTC you will get 100 mBTC of bonus money in your account. Not bad, but you have to take into consideration the 35x wagering requirement. That means that to keep the 100 mBTC bonus you will have to wager 35x that amount before it is released into your account for withdrawal.
Often you will see a deposit bonus package deal where you will get a match bonus up to a certain amount as well as a certain number of free spins. An example of a bonus like this would be f 100% up to 1 BTC with a wagering requirement of 35x plus 125 free spins playing Starburst. 125 free spins can increase your chances to win and you can also receive up to 100% of your deposit once you complete the wagering requirement.
There are also no deposit bonuses where you do not need to make a deposit. For example, a Bitcoin casino offers a no deposit bonus where you are given 25 free spins playing the popular slots title of Gonzo’s Quest. You simply have to register for an account to get the free spins and using them is a great way to check out the Bitcoin casino and it will not cost you a dime. You can keep the money won from the free spins but you will have to make a deposit and fulfill the wagering requirement.
Let’s say using the example above that there is a wagering requirement of 40x. That means that if you win money from the free spins you will have to wager 40x that amount before you can withdraw the money from your BTC casino account.