Crypto casinos often provide bonuses that may be tempting for their players. However, with many kinds of bonuses available, especially for new players, it can be overwhelming to understand them.
Therefore, in this article, we’ll discuss the various bonuses that crypto casinos offer new players and help you understand how they work.
Who Are Eligible for Bonuses at Crypto Casinos?
These are the groups of people who are typically eligible for bonuses at crypto casinos:
New Players
To attract new casino players, crypto casinos often offer bonuses and promotions to them. The bonuses new players get are usually available for one time only. Since the players won’t likely get them in the future again, this is a golden opportunity to use these bonuses to maximize their winnings.
Players Who Make Deposits
Sometimes, casinos give you bonuses when you deposit for the first, second, or third time. They may also allocate a particular event to give you bonuses when you deposit.
Loyal Players
These are selected VIP players who have deposited a certain amount of money into a casino. Usually, they’ve been around for a long time. It’s not easy to be a VIP player because the minimum deposit amount is typically substantial. Furthermore, you have to meet specific strict criteria.
What Types of Bonuses Can New Players Get?
To earn lucrative bonuses, you don’t have to be a VIP player. In fact, newcomers can maximize their bonuses if they manage them well. Here are some types of bonuses they can get:
1. Welcome Bonus
This type of bonus is paid to you upon registering on their platform. It might be in the form of free spins, match bonuses, or no-deposit bonuses. The primary purpose is to encourage potential players to join the casino.
While you may be tempted to get this appealing incentive, it’s important to note that a welcome bonus might come with certain conditions. Meeting a wagering requirement, for example, can be one of these conditions. It’s a number of times a player must bet the bonus sum before they can withdraw any wins.
2. First Deposit Bonus
When a player makes their first deposit, they are usually eligible for a deposit bonus in the form of a cashback reward. A casino, for example, may give 100% cashback up to a specified amount. If you deposit the highest amount permitted, you’ll earn the maximum bonus.
Remember that the bonus amount varies between casinos. Some of them may provide a smaller percentage bonus, such as 50%, but others may give you a more significant percentage bonus, such as 200%. Furthermore, the maximum bonus may also differ.
To receive a first deposit bonus, typically, you will need to input a promotional code during the deposit process. Once it has been approved, the bonus will be transferred directly to your account.
3. No-Deposit Bonus
When you get no-deposit bonuses, it basically means that you get to play without depositing any amount of crypto. In other words, you play for free.
This is a fantastic way for players to quickly build up their winnings without risking their own money. Plus, these bonuses are especially beneficial for newbies who are unfamiliar with the games and wish to practice before making a deposit. However, not many casinos offer this bonus as the risk might be too big for them.
4. Free Spins
In addition to no-deposit bonuses, some crypto casinos provide free spins to new players who join their platforms. This bonus allows players to spin the reels of a slot game for a certain number of times for free. Similarly, you also don’t have to make a deposit or risk your money.
Sometimes, returning players can also get free spins in a separate promotional event. They are frequently linked to certain slot games, so players might only be able to use them on those certain games.
Like the deposit bonus, free spins allow you to test out new games without putting your own money at risk. With free spins, you can try the game and decide whether you like it or not by without making a commitment.
5. Bonus Code
Bonus code is one of the most common ways for crypto casinos to reward their players. You get bonuses in the form of coupon codes. Later, you can redeem these coupons for a number of benefits, including deposit bonuses, free spins, and no-deposit bonuses.
When you enter a bonus code, you’re usually eligible for a higher bonus than you would have gotten otherwise. Let’s say your casino makes you eligible for a 100% deposit bonus. With an extra promotional bonus code, you may be able to enhance that bonus to 150% or more.
To use a casino bonus code, usually, you need to input it during the deposit process or before starting a game. The bonus will then be credited to your account when the code has been authenticated.
What Should You Consider Before Targeting These Bonuses?
Before joining a crypto casino to get bonuses, there are several things you need to pay attention to:
Wagering Requirement
Wagering requirement refers to the number of times you need to bet your bonus before you can withdraw your winnings. Let’s say you receive a bonus of $100, but your wagering requirement is 20x. This means that you need to wager $2,000 before you can withdraw your winnings.
Winning Capacity
Winning capacity is the maximum amount of money you can win when using bonuses. If you claim a bonus of $100 and a winnings capacity of $500, you cannot win more than $500, even if you keep playing and win more.
Bonus Expiration Date
Almost all bonuses come with an expiration date. Therefore, you need to use them before they expire, or else you will just waste them away. The validity period varies from one casino to another, and it can range from a few days to a few months.
Country Restriction
Like any other online gambling site, crypto casinos are subject to rules and regulations in various nations worldwide. Some countries enforce strict online gambling laws, while other countries might be more lenient.
Final Thoughts
These bonuses are indeed some of the reasons why you should play at crypto casinos if you haven’t already. However, remember that different casinos offer different bonuses and promotions, so read the terms and conditions carefully.
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