Bitcoin Casino Bonuses Online
The following is a review of trusted BTC casinos and the best Bitcoin Bonuses available and a complete guide to Bitcoin at the end. By the end of the article, you should have understood what separates this kind of gambling from traditional one. Hopefully, you will be able to choose a convenient site for yourself with the best Bitcoin betting experiences.
Top list of bonuses
It was established in 2014 and is based in Curacao. Its staggering number of games to choose from has made it incredibly popular in the online casino industry. It is also convenient for all players especially with its modern design that accommodates both desktop and mobile devices.
Their customer service is very responsive and it is availed through email support and live chat support. They also offer a wide variety of games which include Blackjack, jackpots, live games, and slots.
Players at Bitstarz can take advantage of a strong selection of promotions which include a welcome package that offers up to 5 BTC to new players along with 180 free spins. The initial deposit can be matched up to 5.0 BTC or 1.0 BTC plus 180 free spins. For those who opt for the latter option, they can receive up to 3.5 BTC in additional bonuses, with those first deposit free spins serving as a bonus. There is also the ability to use payment options outside of BTC, with customer support available by live chat and email to handle any payment related questions.
New players to Bitcasino.io can take advantage of a 100% first deposit bonus that is good for up to a bitcoin. It is worth noting that this bonus has a wagering requirement of 35x that must be done within 30 days at this bitcoin casino, with only slot games counting toward the requirement. And unlike other online casino sites that accept cryptocurrency, Bitcasino.io deals exclusively in bitcoin and Ethereum.
FortuneJack has a strong roster of cryptocurrency promotions available. The site awards bonuses on the first four deposits a player makes at FortuneJack, with up to 5.0 in bitcoin available throughout those deposits. It is also worth noting that the site allows altcoin equivalents with their deposit bonus, which means that players can deposit BTC, Ethereum, Dogecoin, or any other cryptocurrency to take advantage of what FortuneJack has to offer.
There is a deposit bonus available at 1xBit, with players able to earn a 100% bonus on the first deposit for up to a bitcoin. Combine that with all of the different funding methods and play options available on the site, and you are looking at a very interesting place to do your wagering.
New players to 7Bit Casino can take advantage of a robust welcome bonus program that starts with a 100% bonus good for up to 1.5 bitcoin and 100 free spins. Following the initial deposit bonus and free spins, players can collect another 3.5 bitcoin in bonuses over their next three deposits.
When it comes to promotions, mBit Casino is among the leaders in the bitcoin space, as they offer players tons of bonuses. This starts with their first deposit good for 110% of a first deposit for up to one BTC, along with 250 free spins. From there, players can claim up to 2.5 BTC on their second deposit, and a bitcoin and a half in bonuses as a third deposit bonus.
New players at Betchain Casino can take advantage of a welcome package that includes up to two bitcoin in bonuses. This starts with the first deposit bonus, which awards 100% up to one bitcoin, along with 200 free spins. From there, the next two deposits have a bitcoin in bonuses between them to complete the site’s impressive welcome program.
As far as promotions are concerned, BitcoinPenguin Casino offers players a deposit bonus on their first two deposits. The first deposit sees a bonus of 100% up to 0.2 bitcoin along with 30 free spins. And the second deposit will see a 75% bonus of up to 0.2 bitcoin with 25 free spins. These are also lower bonus numbers than you will see at many bitcoin casinos, but they are still strong amounts for players who are looking for some added value.
BetOnline.ag is packed with more than a dozen of bonuses and promotions that cover the casino, sportsbook, and poker room. New players can get the 100% Bitcoin Bonus while casino players should watch out for the High Roller Rewards, Reload Bonus, Slots Bonus, and Cashback among others.
Sports betting fans, on another note, can get more freebies through the attractive rewards for live betting, mobile betting, and others. Moreover, the poker promotions feature high-paying tournaments and signup bonus deals. Other than the platform-specific bonuses, this gambling site also rewards players who refer others with a $50 bonus.
Black Chip Poker has a wide variety of deposit bonus offers and ongoing promotions. Their best offer is their Welcome Bonus. If you make your first deposit using Bitcoin or Altcoin, you will get a 200% match bonus up to $1,000. This is double the bonus offered for fiat players. To take advantage of this bonus, you must deposit $25 or more.
Clearing an online poker bonus is a bit different than clearing online casino bonuses. Instead of a playthrough, you must earn points to clear your bonus. You can earn points for every $1 in rake or poker tournament fees collected. For every 27.5 Award Points earned, you’ll unlock $1 of the Welcome Bonus. This is the same whether you deposit $25 or $500. You’ll have 60 days to unlock your bonus, or it will expire.
You don’t need a Black Chip Poker bonus code for this offer, but other offers may require them such as reload bonuses. Black Chip offers a wide variety of promotions ranging from Bomb Pot Hours to Jackpot Poker promotions, and much more. Head to the website and click on the Promotions link to see all of the Black Chip Poker offers available.
Ignition Casino has an impressive Bitcoin deposit bonus. Make your first deposit using Bitcoin and get a 100% match bonus of up to $1,000. Did we say first deposit? Our mistake. You get this bonus on EVERY deposit you make using Bitcoin. There’s no Ignition Casino bonus code required for this offer.
If that bonus isn’t enough, you can check out the Tell a Friend bonus. Get your friends to sign up using a referral link, and you will get a 200% bonus equal to your friend’s deposit. If they deposit in Bitcoin, you get an additional 25%.
If you like to play poker, you can take advantage of the Poker and Casino Welcome Bonus. You’ll get a 150% bonus up to $1,500 for the casino and a 150% bonus up to $1,500 for the online poker site.
After your initial deposit bonus is used up, you can take advantage of the Weekly Boost. The Weekly Boost gives you a 100% match bonus of up to $100.
Finally, all players can take advantage of the Ignition Rewards program. Every time you play, you earn Ignition Miles that can be exchanged for bonus cash.
Pay careful attention to your email and check the promotion pages often for new casino bonuses. Offers such as Ignition Casino free chip promos and Ignition Casino no deposit bonus codes are usually sent through email.
New players will receive three deposit bonuses. On the first deposit, you will get a 100% welcome bonus which will match your deposit amount up to 0.5 BTC or $100. The second deposit will give you 75% of your deposit amount up to 0.5 BTC or $100. The third deposit can give you 50% of your deposit amount of up to 0.5 BTC or $100.
Golden Star Casino also offers other regular promotions throughout the week such as its ‘Have a Nice Weekend’ promo. To take out any of the bonuses, you need to wager several times through certain games. The first deposit bonus, for example, needs you to wager it about 50 times.
Bitcoin Casinos and Bonuses
Bitcoin online casinos are slowly becoming the norm in the online gambling world. Even though Crypto gambling shares several similarities with traditional gambling, it holds several features that make it unique.
Many people consider Crypto betting to be the future of wagering as a whole, all things considered. From the types of games available to the funding methods and the number of coins supported; Crypto gambling is so much better than traditional gambling.
One of the most significant factors leading to the adoption of Bitcoin casinos is the sheer variety of Online Bitcoin Casino Bonuses available. The bonuses are monetary rewards provided by casinos to players for achieving various milestones or simply making a deposit using cryptocurrency.
History of crypto gambling
The history of Bitcoin wagering is not a long one, however, it is quite interesting. Bitcoin gambling was first introduced in the form of dice games, where players were able to bet on the sum of the dice relative to the total that they chose. Although such sites were not very sophisticated, they laid a great foundation for better offerings later on.
With time, people began to offer other Bitcoin-specific games such as variations on dice with larger number pools to choose from. The Crypto gaming industry later evolved to where mainstream betting sites were accepting cryptocurrencies and crypto-specific sites were offering games from more traditional game developers.
The Crypto gambling evolution has only continued, today we have a wider variety of Crypto specific games such as minesweeper and variations of it to create a more comprehensive suite of Crypto options for all to enjoy.
Bitcoin Casino Bonuses
As earlier mentioned, Bitcoin bonuses are monetary rewards provided by casinos to players for achieving various milestones or simply making a deposit using cryptocurrency.
A majority of online casinos offer a bonus for first-time depositors, this bonus is designed to entice players to make their first deposit in the hope that they will continue to play and thus generate businesses for the casino.
The first time bonuses are usually a percentage match with a cap on the total size of the bonus. Almost every bonus is set up with a percentage and a maximum, however, they work in different ways.
Let’s run down some of the common Bonus options available when gambling with Bitcoin in most online casinos.
Play only Bonuses
It is the most common type of bonus. You cannot withdraw this money, but you can only use it for wagering. It is kept in a separate account and every time you make a bet; the money comes out of your bonus balance.
If you win, the original bet goes to your bonus balance and the winning goes to your real balance from where you can consequently conduct a withdrawal. You have to wager a certain amount of money before withdrawing, if you choose to withdraw before that, you will forfeit the bonus as well as the winnings resulting from wagering the bonus.
This type of bonus is quite rare; in this case, as soon as you make a deposit, the bonus money shows up in your account. The catch is that you have to clear the bonus before you can withdraw the bonus money. Most casinos require you to wager 20X to 50X the deposit and bonus total before you can withdraw the bonus money.
Free Play Bonuses (No deposit Bonuses)
This type of bonus is quite common; in this case, the casinos give you free money in your account immediately you sign up even if you don’t make a deposit. The catch here is that you have to wager the money 50 or more times before you can withdraw, and some casinos will not let you withdraw at all unless you deposit later. Free play bonuses are usually between $5-$25 and most casinos can afford to offer them because the majority of the players lose the money while attempting to reach the wagering requirement.
No deposit bonuses are the ones most popular among users. These are given without any deposits. They are a reward after you make an account to a Bitcoin online gambling site. The casinos however offer these types of bonuses rarely, because Bitcoin casinos don’t want to spend extra money on free offers. New Users can avail of these to get familiar with the gambling process.
They are quite similar to play only bonuses except that you can redeem them on any deposit, not just your first deposit at the casino. Once you make an initial deposit you will receive monthly if not weekly reload bonus offers, as the casino wants you to continue depositing and playing.
Bitcoin Welcome Bonus
This is the type of bonus that is given to the first-time client. Casinos are often very generous with these bonuses to rope more people in. It is usually a 1005 match or a doubling bonus on your first-time deposit.
First, Second, Third, and Subsequent Deposit Bonuses:
The first purchase usually comes with a gift or bonus in the business industry to attract customers. Similarly, the online casino rewards its users for making the first deposit to the Bitcoin casino. Normally there is a percentage (e.g. 100%) and the maximum amount (for example 1 BTC) to define the bonus. For instance, a 100% first deposit means that on the deposition of 1 BTC, you’ll get 2 BTC in your wallet. A lot of casinos also offer second, third, fourth deposit bonuses which can differ from each other. The bonus systems can be complicated but thorough understanding lets you reap maximum benefits.
Bitcoin Free Spins
Free spins are also offered as a reward to the users when they register a bitcoin gambling account. The casinos grab new customers by implementing this tactic, hoping that they maybe make a deposit later on if they like the casino.
Bitcoin Casino Bonus Codes
Bitcoin casinos also offer Bitcoin bonus code deals. Using the Bitcoin casino bonus code before making the deposit can result in a bigger deposit bonus or the bonus percentage can go up from 100% to 150% for instance. BTC Vegas casino no deposit bonus codes are an example of these types of services.
Bitcoin Referral Bonus
You receive a bonus every time you successfully invite a friend to join a casino. While some casinos set limits on the total number of referral, other give you unlimited invites.
Just like with traditional casinos, online casinos offer comps on your play. They want to reward you so that you’re more likely to keep playing with them. Some of the bonuses commonly available through VIP programs include free chips, deposit bonuses, free spins, and cashback. Most casinos will automatically enroll you in their program as soon as you register. From here, you need to play casino games and rack up loyalty points. You exchange these points for cash back or any other rewards when permitted.
Why Do online casinos offer bonuses?
To make the sign-up process less stressful for you
Upon signing up, you will be given a variety of bonuses such as “Free Spins” on the slot machine games or an added boost to your casino deposit on casino games like poker or when you bet on sports.
To keep you coming back
Bonuses work as a huge incentive for users to keep coming back to the casino. Since once you have played a couple of games, the casino will want you to become a regular customer.
To encourage you to play more
Casinos continue to offer bonuses to keep you around. Of course, you will benefit from this relationship by having more chances to rack up free money.
To get you to deposit more
Even when you run into rough luck and quickly lose interest in ever making another deposit, reload bonuses make you reconsider by providing an opportunity to get more bonuses, extra free cash, and potentially turn your losing situation around. Bitcoin welcome bonuses have a similar effect. Some of these deals reward you over a series of deposits and encourage you to keep funding your account multiple times.
To capture your email address
Online casinos are masters at marketing, once they get a hold of your email address, they will send you offers frequently. • You’ll notice that the signup form always asks for your email so that casinos can keep sending you offers.
To get you to recruit friends
Most online casinos offer a referral bonus, where you get extra money for each friend you refer to the casino. The catch is that your friend must deposit after they have been referred. In some cases, you may even need to wager a certain amount of money. But if you have friends that like gambling, then you can earn extra money through these deals. The best part is that you don’t even have to risk any of your cash to benefit.
Requirements and conditions for withdrawing Bitcoin Bonuses
Each deposit bonus has a wagering requirement which is specific that must be bet before funds can be withdrawn. This amount is usually a multiple of your total deposit and the bonus.
As always, and while bonus bitcoins are great to claim, only deposit and wager what you can afford to lose.
Ensure that you read and understand the terms and conditions to avoid placing any unnecessary limits on how much you can withdraw. Bitcoin deposit bonuses have a limit on how much you can win. However, there may be maximum withdrawal limits placed on free spins and no deposit bonuses.
From the moment you receive your bonus, you will have a limited number of days remaining to meet your wagering requirement. Make sure to check the “terms and conditions,” to be aware of the time limit. It is usually between 7 days to a month.
Things to consider before chasing bonuses
This is the amount of money that you must wager before cashing out bonus funds. It’s either expressed as a multiple of the bonus or a multiple of the bonus plus deposit amount.
The amount of rollover depends upon how much you deposit. Simply put it also varies from casino to casino. You should strongly consider it to have an easier chance at withdrawing the funds.
The Casino’s reputation
It is good to consider the casino’s reputation before funding your account. There are many casinos out there that can bury your money or make the withdrawal process very frustrating, so be very careful. Read online reviews from other clients, since you are bound to have a similar experience.
Online casinos like to walk a fine line between giving you opportunities to earn free money without being taken advantage of. Therefore, the institute maximum winnings on certain bonuses.
You usually see this stipulation when it comes to no deposit bonuses and free spins. Both of these deals are based on how much you can win from a bonus.
You’ll typically win up to $100 or $200 from both types of offers. Therefore, you still have an opportunity to collect a nice amount before hitting the win limit.
In the past, some gamblers abused bonus offers by meeting rollover in a single bet, or a series of large wagers. This situation becomes especially problematic when a gambler quickly satisfies Playthrough on a no deposit bonus and collects free money.
Casinos don’t want players engaging in such extreme practices to earn bonus funds. Instead, they want gamblers using bonuses to the fullest while deciding if they like the casino enough to keep playing.
Therefore, many gaming sites institute a maximum bet. Players must refrain from betting over a certain amount while a bonus is active, or they risk nullifying the offer.
A simple strategy for meeting Playthrough while assuming fewer losses involves playing games with high RTP. For example, you might play a blackjack game with 99.5% RTP to unlock your funds.
How to choose the right BTC casino and Crypto gambling DApps
Conduct enough research
Safety and privacy are critical; it is, therefore, important to carry out extensive research to ensure that the site is not only trustworthy but also properly credentialed. The site must be licensed to operate.
Also, they should have proper security measures in place to protect the personal information of their players. It also means verifying that they offer provably fair games to ensure players will have their funds and individual bets handled safely.
Test the site
Once you are confident that the casino is safe to operate, the next step is to make sure that the site operates exactly how you want it to. Make a small deposit into an account to see whether the transaction will go through in a timely fashion.
Once the deposit has gone through proceeding to testing the games to ensure that they are functional.
Test the support system
Once you are sure that your crypto casino is safe and that it operates as expected, the next step is to ensure that the support system is responsive.
This entails getting in touch with the customer service through multiple channels just to verify their responsiveness. It is also at this point that the client tests for withdrawal to establish whether there are delays or not.
Are these Bonuses Safe?
Online Bitcoin casinos are deemed very safe because of the anonymity of the currency and lesser surveillance owing to the online nature of the business. Some of the users are concerned about the safety of bonuses offered by these casinos and think of these as tactics to compel the customers to avail themselves the risky deals. The bonuses are safe but come with certain limitations and requirements. One can benefit from them or incur a loss as well. So the users need to understand the process to avail maximum benefit. We advise you to always check the Bitcoin bonus requirements and wagering limitations from our reviews so you know how to benefit the most from these free bonuses.
Are These Offers Truly Worthwhile?
Online casino bonuses are always worthwhile if you’re going to be gambling anyway. You might as well take advantage of money on the side.
The one thing you need to avoid, though, is playing more just to earn bonuses.
Unless a casino messes up on the math, they usually still profit even after you’ve collected a bonus.
That said, you want to find a balance between going for bonuses and having discipline. The hope is that you get lucky and collect a bonus on top of the matter.
But the reality is that you’ll often end up losing some money when everything is said and done. So, you should treat bonuses for exactly what they are—bonuses.
Guide to Bitcoin
What is Bitcoin (BTC)?
Bitcoins are a virtual digital currency, what this essentially means is that they do not take a physical form. The coin relies heavily on Blockchain technology which is essentially an online distributed ledger that records transactions permanently, it cannot be changed or altered. Bitcoin was the first coin of its kind and it was invented in 2009 by Satoshi Nakamoto. To this day, nobody knows who Satoshi is it could be an individual or a group of coders, I guess we will never find out.
The bitcoin currency is stored locally between peers, and transferred from computer to computer.
Being that there is so much information out there about the coin, it is common to come across false information. So here are a few helpful facts that will help you decide for yourself what is true and what is not.
-Bitcoins are 100% virtual
-They are decentralized; this means that they are not under the control of any central authority
-Bitcoins are stored in a wallet
-You can buy and sell Bitcoin for traditional currencies
-Bitcoins are acquired either through purchasing or through mining, I will explain everything about mining shortly.
-The coin relies strongly on the internet
Characteristics of Bitcoin transactions
After you have confirmed a Bitcoin transaction, it is impossible to reverse it. This is why no one can help you if you send money to a scammer or if a hacker stole your money.
Bitcoin transactions and accounts are usually not connected to real-world identities. You receive Bitcoins on an address, which is usually a chain of characters, you will understand this in the course of the article. It is not necessarily possible to connect the real-world identity of a user to their address.
Bitcoin transactions are propagated almost instantly in the network. They are confirmed in a matter of minutes.
Bitcoin is not affected by the geographical location of its users. It doesn’t matter if you send money to your neighbor or someone on another continent, both transactions will be successful.
Bitcoins use a cryptographic system for protection, only the owners of the private key can send the cryptocurrency. Strong cryptography combined with big numbers makes it impossible to beak the scheme.
You don’t need anybody’s permission to use cryptocurrencies, you simply download a software and install it for free. After that, you can send and receive your bitcoin seamlessly and no one will be able to prevent you.
Acquisition of Bitcoins
You have two main options, and they are purchase and mining. Here is a list of those two and more
-The purchase involves buying Bitcoin from an exchange platform, it is an elaborate process that varies from one exchange platform to the other. However, the general idea is paying traditional money or any other form in exchange for Bitcoin.
-Alternatively, you can use a Bitcoin ATM where you exchange Bitcoins or cash for another cryptocurrency.
The third option involves selling a product or a service for Bitcoin
Lastly, we have the mining process which entails people all over the world trying to solve a complicated mathematical sum. Whoever solves the sum first gets a reward in the form of a Bitcoin, after which all the participants verify the coin before it is added to the Blockchain. Miners use special software to solve these cryptographic problems. I believe that the mining process is a smart way to issue the currency and provide incentives to the miners at the same time. The mining process is a lot more detailed than that, so if you would like to learn more about it, there is plenty of information on the internet.
How the Bitcoin works
The system as you are about to find put is very simple. The first thing you will need to do is sign up for a cryptocurrency wallet to help you will the storage of your public and private keys. These two keys are critical for Bitcoin transactions. There five main types of wallets and each varies in terms of advantages and disadvantages. Therefore, carry out enough research first before settling on your wallet of choice.
Bitcoin transactions do not leave any physical traces. All that happens is a trading exchange is made, then it is followed by a credit in the accounts of those involved.
Protecting your Bitcoins
-Backup your wallet regularly and encrypt it with a strong password to protect it from thieves
-Store some of your Bitcoin in an offline wallet for added security
-Update your software as regularly as you can. Hackers can only infiltrate software that has been around for so long.
-Do not share/disclose your address or other private information
-You can use multiple wallets for a different purpose
-It is decentralized thus giving its users financial freedom from financial authorities
-It cannot be forged
-It is Universal
-It is secure
-Trust issues, its founder is not known
-Prone to hacking and theft
-Prone to transaction delays
-Unreliable for people in third world countries due to lack of access to the internet
-Transactions can be painfully slow
The History of Bitcoin
As I mentioned before, Bitcoin was invented in 2008 by Satoshi Nakamoto who to this day remains anonymous. This was around the global financial crisis of 2008 where banks were being bailed out by their respective governments. People needed a stable form of currency that was independent of the government and banks thus the idea behind Bitcoin was widely accepted.
Shortly after inventing Bitcoin, Satoshi Nakamoto disappeared and the lead developer of Bitcoin’s protocol was handed over to a group of developers. Gavin Anderson was the lead developer and he created the Bitcoin foundation in 2012 to support the development of the network.
Over the years, Bitcoin has received innumerable contributions from the open-source community and members.
Bitcoin adoption has been slow and gradual. WikiLeaks was the first to adopt this coin in 2011, Satoshi was against it because it would draw unwanted attention from the government. Between 2012 and 2013, Bitcoin was adopted by Bit Pay and WordPress. 2013 was an eventful year for the coin since Coinbase was just beginning to gain traction at the time. Some of the notable events of that year include China banning the use of Bitcoin by financial institutions, the FBI seized thousands of Bitcoin from the dark market, and also the US government started taking note of the coin.
In 2014, Mt.Gox which was the largest Bitcoin exchange shut down due to technical issues. Soon the exchange filed for bankruptcy having been hacked and experienced major losses. In 2016, there was another bog hack and this time the recipient was the Bitfinex exchange, a lot of funds were stolen.
Ever since then, Bitcoin has continued to be adopted by more people. And there have been several developments such as the launch of smart contracts. As of today, has been largely adopted into various sectors of the economy as an alternative payment means. The general awareness about the coin is quite impressive today considering its humble beginning.