Crypto Welcome Bonuses
The prospects of casinos are high, allowing you to win big and have fun doing it. But the excitement surrounding the casino industry becomes even greater when we take into consideration the bonuses on offer.
If you are looking to jump on that excitement straight from the get-go then welcome bonuses are your best bet.
What is a Welcome Bonus
It’s in the name, one of the easiest bonuses to understand. A welcome deposit bonus can be activated when you make a deposit at a casino for the first time. A Bitcoin welcome deposit bonus can refer to a deposit bonus usually offered by a casino accepting Bitcoin.
At some casinos a welcome bonus refers to the bonus available for your first deposit. At other casinos the welcome bonus can refer to the combined bonuses for your first, second, and third bonuses. The welcome bonus depends on the casino, with some also offering cashback, free spins, or additional funds as part of the deal.
How do welcome bonuses work?
Every casino has a cashier section, usually, where you deposit and withdraw from. This is where you will often go to claim your welcome deposit bonus. Otherwise, it may appear when you first sign up.
Additionally you can look in the bonuses and promotions section to claim too.
When you make your first deposit at a Bitcoin casino your bonus funds will appear in your account. Some casinos give you access to your funds immediately while otherwise may only release the funds once you have completed your wagering requirements.
Always be sure to keep an eye out for the fine print of the wagering requirements, as to not lose access to your bonus funds.
The bonus amount is generally formatted as a percentage of your deposit. For example, you may be offered a welcome bonus of 100%, meaning you instantly double your cash flow.
There are usually minimum and maximum deposit limits, so a 100% deposit bonus up to 1 BTC comes with a minimum deposit requirement of 0.0005 BTC.
Each casino and bonus should have its requirements outlined for you to better understand.
When Can You Claim a Welcome Bonus?
When you can claim a welcome bonus depends on the casino. Some may offer the bonus as you sign up or as you make your first deposit; while at other casinos you have to activate the bonus in your account once you have completed the sign up process.
However you claim your bonus, it has to come in conjunction with your first deposit. Some casinos offer a welcome bonus of the month or even a welcome bonus of the day, but generally, it refers to your first ever deposit on your account. But there are options out there for daily and monthly welcome bonuses.
Most likely, you can claim your welcome bonus at sign-up, deposit, or wherever else they are available. You may be able to just click accept the bonus, or you may need to enter a code. Regardless, you can claim first deposit bonuses wherever they are available.
Types of Welcome Bonuses
When deciding which online platform offers the best welcome bonus for you, here are some common types they usually provide. Check them out and see which one suits you best:
Deposit Match
This type of bonus gives you extra funds based on a percentage of your deposit.
For example, if the site offers a 100% welcome bonus for first deposits and you deposit 0.01 BTC, you’ll receive an additional 0.01 BTC, giving you a total of 0.02 BTC to play with.
No-Deposit Bonus
While some platforms require an initial deposit to claim a welcome bonus, others offer a No-Deposit Bonus.
With a No-Deposit Bonus, you can start playing right away just by signing up, without needing to make a deposit.
Free Spins
Players receive free spins when they sign up or make their first deposit.
This is especially common with slot games and gives you more chances to win prizes as a welcome gift.
Factors That Influence a Welcome Bonus
Increased Gambler’s Fund
A welcome bonus increases your initial funds, giving you more money to play with.
This allows for longer playtime and the chance to try different games, improving your overall chances of winning.
Bonus Requirements
While these bonuses can enhance your gambling experience, some platforms have requirements you need to meet in order to claim the reward.
Make sure to check the conditions for wagering and choose bonuses that align with your plan.
Time Duration
Bonuses may not be available all the time and can change depending on the season.
It’s important to know when a bonus is available and when it expires, so you don’t miss the opportunity.
Game Rules and Guidelines
Certain games may not allow the use of bonuses.
It’s important to know these restrictions to ensure a smooth and enjoyable gambling experience. Understanding which games accept the bonus can significantly affect your overall experience.
How to Claim and Withdraw Your Welcome Bonus
- Step 1: Select a Reliable Online Gambling Platform
Make sure you’re choosing a trustworthy online casino or similar platform that offers reliability and security while you play. - Step 2: Sign-up and Verify Your Account
Have your details ready for a smooth registration process, as some platforms may require specific documents for security reasons. - Step 3: Fund Your Account (if required)
Some platforms require a deposit to claim rewards. Check the accepted payment methods, available currencies, and minimum deposit requirements beforehand. - Step 4: Use Bonus Codes (if needed)
When making a transaction, confirm if you need a code to activate the bonus. Review the terms and conditions to verify whether a bonus code is required. - Step 5: Understand Wagering Conditions
Review the wagering requirements necessary to claim your reward. These requirements vary depending on the amount you wager in games and can differ in size and percentage. - Step 6: Process and Confirm Withdrawals
Once you’ve met the wagering requirements, you can proceed to claim your reward through the platform’s cashier or withdrawal section. - Step 7: Enjoy Your Prize
After your withdrawal is processed by the online gambling site, you can relax and enjoy your well-deserved winnings.
Pros and Cons of Welcome Bonuses
While there are clearly many benefits when it comes to Bitcoin casino welcome bonuses, this wouldn’t be a fair article unless when went over their flaws as well. For the integrity of this article, we will now cover the pros and cons of first deposit bonuses:
Pros
- Play games with bonus funds
- Opportunity to try new games with extra funds
- Lucrative offerings (eg. 100%-500%)
- Risk-free winnings
- Maximize the value of new accounts
Cons
- Wager requirements may be high
- Minimum and maximum deposits
- Cashout limits due to wagering
- Expiration dates due to wagering requirements
While there are some disadvantages to Bitcoin casino welcome bonuses, they are not impactful enough to take away from the many benefits offered. But consider all factors before choosing what bonuses you want to claim.