Best No Deposit Casino Bonus Offers
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Here is our list of exclusive no deposit bonus offers for readers of BitcoinChaser! These bonuses and codes are not available anywhere else. Read about the offers and start playing!
What are Bitcoin No Deposit Bonuses?
Casino no deposit bonuses have been around for a while. They usually involve a certain number of Free Spins or “chips” for players who are new to the casino. Bitcoin revolutionized the no deposit bonus. For the first time, brands could offer actual money in the form of Bitcoin for players to try a casino out.
The Bitcoin no deposit bonus developed hand in hand with the adoption of this cryptocurrency. Given that Bitcoin was so new and not a lot of people knew it, it made sense to give people some money for free so they could try it out. In essence, Bitcoin no deposit bonuses became a way to allow a player to try 2 new experiences simultaneously: A new casino brand and a completely new, decentralized currency.
Bitcoin No Deposit Bonus History
Apart from playing a role as a recruitment tool, the Bitcoin no deposit bonus also changed the way casinos could promote themselves. It was easy for Bitcoin casinos to offer no deposit bonuses in the form of a faucet – a mechanism designed to give people free money to try Bitcoin out. In stark contrast with traditional no deposit bonuses, free money coming from Bitcoin casino faucets often came with no strings attached. That means players would be able to withdraw it instantaneously without playing at the casino.
Another advantage that Bitcoin casinos had when they offered their no deposit bonuses was the use of forums dedicated to the Bitcoin community. This allowed them to simultaneously give free money to people who liked gambling but didn’t know Bitcoin, and to people who liked Bitcoin but might not be into gambling.
Nevertheless, due to the nature of Bitcoin, these no deposit bonuses that were often posted on Bitcointalk had a time or claim limit – they would expire after a certain number of people would claim them. Needless to say, these were not faucet-based bonuses.
No Deposit Bitcoin Bonuses Now
As Bitcoin became more popular – in part thanks to the faucets and other Bitcoin no deposit bonuses – more software providers came into the game. New Bitcoin casino brands started developing and adopting the traditional no deposit bonus based on free spins.
Others kept their faucets running or adapted the Bitcoin no deposit bonus to resemble a free chip bonus – a bonus in which a player is given a small amount of Bitcoin, but they would need to comply with certain terms and conditions before they could withdraw.
What is the Catch?
The good news about Bitcoin no deposit bonuses nowadays is that they are way more diverse than the traditional no deposit bonuses around, and that there is absolutely no downside in claiming one.
A Bitcoin no deposit bonus comes with no strings attached in terms of a commitment from the player. Of course, there are now some minimum wager requirements that a player must comply with to withdraw their bonuses or the wins they get through a no deposit bonus.
Here are some of the most popular conditions that players must comply with to withdraw their no deposit bonuses, or their proceeds from these bonuses:
- Maximum withdrawal limits – Some brands put a withdrawal ceiling on your Bitcoin no deposit bonus proceeds. This means that after you withdraw a certain amount of money that you have won based on your no deposit bonus, you are required to forfeit the rest.
- Wagering requirements – A popular condition on Bitcoin no deposit bonuses, the wagering requirement forces you to bet on your bonus a number of times before you can withdraw any proceeds. Most brands require you to wager either 40 times – x40 – or 50 times – x50 – the bonus in order to withdraw any proceeds. This is especially true of Free Spin no deposit bonuses.
- Deposit needed to withdraw – This is a tricky condition that not many brands use. It requires you to make a minimum deposit to withdraw the proceeds of your Bitcoin no deposit bonus. If you need to make a deposit to withdraw, that automatically turns the no deposit bonus into a regular bonus, which is why not a lot of brands use this condition.
Bitcoin No Deposit Bonuses Based on Faucets are Different
With Bitcoin no deposit bonuses that are based on faucets, these conditions don’t normally apply. Faucets give out free money, and often times it comes with no strings attached. The catch with this kind of no deposit bonus is the amount of Bitcoin you will get from the faucet and how many times you can claim it.
Nowadays, faucets will disburse a few dollars’ worth of Bitcoin. If you want to withdraw the amount, you will end up paying quite a bit on transaction fees, so it is not worth it. You would rather play with your no deposit bonus and come back the next day to claim it again if the faucet allows you to do so.
It is important to know that faucets are a feature of pure Bitcoin casinos mainly. Brands that host mainstream software providers, which allow payments in traditional – fiat – currency as well, don’t usually have faucets. Pure Bitcoin casinos that design their own games and stick to core, old-school Bitcoin philosophy, are the ones that use faucets to entice players to try their games out.
This is also due to the fact that these games are always provably fair and giving out free spins on them is either not a good strategy or it is technically challenging. In fact, these pure Bitcoin casinos, don’t usually have any other kind of bonus besides their no deposit bonus which is basically a faucet.
Enjoy your Bitcoin No Deposit Bonus
Now that you know exactly how a Bitcoin no deposit bonus works, you can go ahead and claim a few to try out new brands, play around with Bitcoin or experiment with gambling. You can go right back to our Bitcoin no deposit list above and go ahead with some of the best deals in the space that our staff has curated especially for you.