Top Bitcoin Bonuses 2023

A bitcoin bonus is a reward that a live casino offers to encourage new players to sign up or to reward existing players for playing certain games or for their loyalty. A bitcoin bonus review is not complete without mentioning various forms of live casino promotions. They are paid in different ways and are usually periodic. Each bitcoin bonus presents an extra perk distinct from the previous one. Here is an overview of how each bonus works.

Bitcoin Sign-up Bonus

It is the most popular bonus in bitcoin live casinos. Given that crypto casinos are highly competitive, the sign-up bonus is the cornerstone of live-dealer promotions. Each site strives to outmatch the rest and in over as many players as possible. A good sign-up bonus comes in stages. Here is a sample of how it is reimbursed.

• First deposit bonus: 150% capped at 5 BTC plus 100 free spins
• Second deposit bonus: 100% capped at 3 BTC plus 50 free spins
• Third deposit bonus: 50% capped at 2 BTC
• Fourth deposit bonus: 25% capped at 1 BTC

Overall, a new player has the potential to get 11 BTC and 150 free spins through the above bonus program.

Bitcoin High-roller Bonus

A high roller bonus benefits players who deposit incredibly high amounts. Normally, the casino gives it away as a match bonus or cash gift. So, instead of the standard welcome package, the player receives a higher match-up percentage. Immediately, they enter the VIP club which comes with other exclusive benefits.

Bitcoin No Deposit Casino Bitcoin Bonuses

Many bitcoin live casinos have special offers whereby players don’t necessarily need to deposit money to win real cash. These are the so-called no-deposit bouses. No-deposit bitcoin bonuses are usually free spins with tough wagering conditions. Sometimes the casino provides a no-deposit bonus as free cash which is not withdrawable immediately. The user is often required to make numerous bets before they can cash out possible winnings as well as the bonus money. Such strict preconditions are designed to prevent players from abusing the offers.

Other Bitcoin Live Casino Bonuses

Certain promos like reload bonuses are permanent, i.e., the site grants 25% additional credit for each reload deposit. The best live casino sites usually provide a review of each bitcoin bonus, so this will be mentioned in their T&C section. Another possible offering is cashback which compensates for a small percentage of money used up in previously lost wagers. There can also be loyalty and VIP bonuses which are reserved for players who’ve attained a higher status on the platform.

No matter the kind of bonus, the key to turning it into real money lies in fulfilling the terms and conditions explained below.

Tough wagering conditions make it harder to win or have something to cash out. No-wager bonuses do not have wagering conditions so the player gets everything directly into their account.

Minimum Deposit Requirement

Only those who make a deposit are eligible for certain offers like deposit bonuses. For instance, the bonus may be set to 100% up to 0.15 BTC for any deposit ranging from 0.0005 BTC and above. That means any deposit below 0.0005 BTC cannot qualify for the bonus.

Suppose a player deposits 0.003 BTC- they’ll get an extra 100% of 0.003 BTC immediately after depositing. This should set their betting balance to 0.006 BTC, assuming there were no funds before. However, A player who deposits 0.20 BTC earns a 0.15 BTC bonus on their deposit because the casino has already set a limit. This means their deposit will not double but rather add up to 0.20 + 0.15 = 0.35 BTC.

Withdrawal Limit

The maximum withdrawal limit is completely different from the maximum bonus amount. It is the amount an account holder can cash out from a bitcoin promotion. If the bonus payout limit is set to 0.05 BTC, even if someone wins 0.1 BTC and makes an extra 0.0005 BTC from the bonus, they can only request 0.05 BTC. Then, they can use the remainder to place more bets.

There is also a minimum withdrawable amount. So the casino may not transfer negligible amounts to the account owner.

Bitcoin Bonus Wagering Requirements

Wagering conditions are set by live casinos to discourage players from withdrawing it before they utilize it on bets. Some players are notorious and, given a chance, they would walk away with bonus money and continue jumping from one platform to the next just to take advantage of the welcome packages. So, wagering requirements help to instill discipline among players.

Formats like 30x are used to denote wagering requirements. Casinos also indicate whether the condition applies to both the deposit and the bonus. Many times, it is expressed as 30x of the deposit + bonus. Here’s an example:

• 100% matching bonus with a wagering condition of 20x
• When a player deposits 0.002 BTC, they receive a bonus of 0.002 BTC
• Before the bonus is paid out, they must play though with the bonus 20 times (20 x 0.002 = 0.04 BTC)
• The bonus is unlocked for withdrawal after completing the playthrough requirements

A wager is any monetary stake placed on a bet. When the bonus is a no-wager offer, then the players can cash it out without any limitations. No-wagering means that no betting is necessary to claim a bonus.

Game Restrictions

Not all casino games can be wagered on with bitcoin. Before choosing a live title, players should check whether it has a bitcoin promotion attached to it. The customer support department is always ready to help demystify such concerns. Many crypto casinos offer a broad range of live titles from Casino Hold ‘em Poker to live versions of Roulette, Baccarat, and Blackjack. Depending on the game selected, there could be several promotions that also differ from site to site.

Time Limits

Time-limited conditions are stipulated to give players a sense of urgency as they utilize the bonus money. They are a huge determinant of whether a player benefits from a bonus or not. If players are supposed to claim their bonuses within 30 days, then they have a whole month to fulfill the playthrough requirements and cash out the winnings. If they fail to do so, the promotion will expire and will no longer be available for payout. If the casino offers free spins valid for seven days, they must be used up before then, lest they are forfeited.

The game contribution percentage determines whether the promotional offer is worthwhile. Assuming the player must bet and playthrough 0.1 BTC before they can cash out. A 0.00001 BTC may contribute towards fulfilling the requirement but if only 20% of it counts for the game contribution percentage, then it can be a toll order. Games with low RTP often have a 100% contribution percentage but those with higher RTPs contribute small or nothing at all.

Players should beware of the rollover requirement and make sure it is attainable. If it’s too high, then there’s no point in signing up for the bonus. If the wagering condition is applied to the bonus alone, this could be more advantageous to the player. But it is more demanding when applied to both the bonus and the deposit.