Different Types of Crypto Casino Bonuses
Crypto casino bonuses come in many shapes and forms. You will often see them as a part of a welcome offer, which is most commonly known as a crypto casino welcome bonus. In addition to the welcome offers, many of the best crypto casinos also have additional promotions where players can participate in other bonuses.
If you want more entertainment for your crypto then a great crypto casino bonus will give you just that. In this section, we will guide you through the different types of crypto casino bonuses available in 2022.
A crypto casino deposit bonus is one of the most popular bonus types of crypto and bitcoin casino sites. These are offers where the crypto casino matches your deposit with x amount of % in bonus funds. As an example, if you take part in a 100% crypto casino match bonus, you will receive the same amount as your deposit, in bonus funds. This means you will have 2 BTC to play with when making a deposit of 1 BTC.
Deposit Bonus + Free Spins
Another very common crypto casino offer is a combination of a deposit bonus and free spins. The deposit bonus is usually available to use in any game vertically and the free spins will be available in chosen slot games. A crypto casino bonus that includes both a deposit bonus and free spins brings the best of two worlds in one package.
In some rare cases, you will find a no deposit crypto casino bonus as a part of the welcome bonus. These types of bonuses allow new players to try out their site without risking any of their cryptocurrencies. It is a great welcome bonus but, they usually come with extremely hard wagering requirements, and they are in most cases restricted to only slot games.
Bonus Terms & Conditions
All crypto casino bonus offers come with a set of terms and conditions. Some examples of TnC’s would be who are allowed to take part in the bonus, which games you can play, and rules for how and when you can withdraw the bonus funds.
Basic Wagering Requirements
The wagering requirement means the number of times you need to wager or play through your bonus funds in order for the crypto casino bonus to become a part of your crypto cash balance. The average wagering requirement is usually around 30x to 40x, meaning you need to play through or wager the bonus 30x to 40x times the amount of the respective funds you received, to be able to make a withdrawal.
For example, let’s say you’re taking part in a 100% crypto casino match bonus up to 1 BTC in which you decide to make full use of the bonus and then deposit the maximum amount of 1 BTC. If the wagering requirements would be 30x it means that you need to wager at least 30 BTC before you unlock the 1 BTC in bonus funds received. Usually, the wagering requirements also come with a specific timeframe which tends to be around 30 days. If the requirements have not been met within the deadline, all bonus funds will be lost. Each winning and losing bet contributes to the wagering requirement. Should you withdraw your balance while the bonus is active, you might lose or forfeit the bonus, so always keep track of your account and your wagering status.
These vary from site to site, so all players should always check the terms and conditions of the offer before deciding to take part in it.
All crypto casino bonuses are different and some might restrict you with which type of games you can wager your bonus in. You will often see that some bonuses only allow you to play specific slot games, some might restrict you to only play in the Live Casino and some might allow you to play all games but, depending on the game only a certain % will contribute towards the wagering requirements.
When reading the terms and conditions it might look something like this when reading about how much each game type contributes towards the wagering requirements:
- Slots: 100%
- All Live Roulette and Live Blackjack: 10%
- All other Live Casino games: 10%
- All non-live table games: 5%
This will vary between crypto casinos, so make sure you check the T&Cs before you embark on your wagering requirement journey.
Accepted Payment Methods
A common condition for crypto casino bonuses is the accepted payment methods. You will often see a paragraph in the terms and conditions that say which payment methods are not acceptable. As an example, some crypto casino sites might have a dedicated Bitcoin casino bonus which only works if you make a deposit in Bitcoin. The same can be applied to some Ethereum casino sites where they have specific Ethereum casino bonuses. This is why it is always good to check what is required in order to opt into a bonus offer.
Fair Use & Bonus Abuse
It is the responsibility of a player to ensure for they are aware of all promotional terms and conditions at all times. Always check the TnC’s because, if you break any of these rules then your bonus may be lost and the crypto casino can withhold any potential winnings.
Some of the additional fair use and bonus abuse rules usually include that players may not participate in more than one promotion at the same time. In some rare cases, you can only participate in one crypto casino bonus promotion per day, per month, or per year. One of the most common rules is that a player may not attempt to make a withdrawal with funds locked in the bonus.
If the player breaks any of the rules that are being written in the terms and conditions, it is considered to be bonus abuse and a violation of the terms and conditions.