Bitcoin Casino Bonuses September 2023
If you want to know what makes Bitcoin so great for casino bonuses, as well as which are the best Bitcoin casino bonuses for you to get, then we recommend your one-stop Casino Bonuses Now discover the most recent BTC bonuses including no deposit bonus offers, exclusive bonuses, and BTC casinos.
On this page, you will find everything you should know about this payment option, as well as what to look for when looking for the best bonuses and promotions that include Bitcoin.
Additionally, we must mention that most of these offers are not limited to Bitcoin, as many online casinos take other cryptocurrencies such as Litecoin, Ethereum, Dogecoin, Bitcoin Cash, Ripple, and many others.
If you are actively interested in the steps to take to get into gambling with Bitcoin, you can follow our guide on How to get started in Bitcoin gambling.
What is Bitcoin?
For those who do not know already, Bitcoin is a virtual currency, which means that you will not find an actual coin, or a bill, printed out there with its name on it (and if you do, do not buy it, it’s a scam).
When it comes to gambling there are many pros and cons to cryptocurrencies:
This virtual currency can be only used to buy goods or services on the internet, however, in some countries, some land-based businesses are accepting Bitcoin. Of course, one of the services you can acquire with Bitcoin is casino bonuses and promotions.
In other words, Bitcoin sets itself apart from the FIAT currencies that we regularly use because BTC is a decentralized currency. This means that no one owns, operates, governs, or controls bitcoins; this includes individuals, banks, financial institutions, or governments.
Cryptocurrencies, in general, are created through a process called “mining”, and people who “mine” are called miners. What they do is add transaction records to the Bitcoin-free public ledger called “blockchain”. Of course, to mine, you need the required computer skills and equipment to mine Bitcoin.
Blockchain is needed to confirm that every BTC transaction has correctly taken place. Each transaction must be validated, and to do this every “block” in the blockchain must contain a “proof of work” which is then verified by other BTC nodes on a peer-to-peer network.
Also, you must know that Bitcoin is expensive, so you will mostly use parts of Bitcoins to play at online casinos unless your budget allows you to bet a lot of money.
Using cryptocurrencies as payment methods in online casinos gives you an advantage, as they are instant, secure, and completely anonymous.
What are Bitcoin Casino Bonuses?
Bitcoin casinos offer unique bonuses and promotions to their players. This means that depending on the casino you play you can get higher bonuses or promotions. Below you will find a list of the most common types of bonuses:
Bitcoin Welcome Bonus:
Welcome bonuses, as their name implies, are obtained as soon as the player creates an account at the casino and makes their first deposit. These offers tend to be extremely generous as they are a great way to attract new players to the casino. If you deposit with Bitcoin you will usually get a higher bonus than if you deposit with a credit card.
However, most casinos will not stop at just giving you one bonus. Many of them will give you a welcome bonus package for the first three, four, or even five deposits that you make at the casino.
These bonuses are usually combined with free spins in addition to the match bonus. Make sure to check this page regularly so that you do not miss an amazing welcome bonus package ever again.
These bonuses are given to the player every time he makes a deposit at the casino. Deposit bonuses are the second-best types of bonuses to find right after welcome bonuses.
The best thing about deposit bonuses is that they are available for both new players and old players.
Smart online casino players will look for casinos with huge deposit bonuses, as they are given more frequently in comparison with a welcome bonus, for example.
Free Spins Bitcoin Bonuses:
Free spins are the most common type of bonus out there without a doubt. These bonuses are great for a simple reason, they can increase your chances of winning exponentially, and all of that without risking your money in the process (besides the money that you deposited to get them anyway).
Bitcoin Casino Free Chip
A free chip is often given to a new player for registering with an online casino. There are terms and conditions that apply to this type of bonus so always check the bonus T&Cs.
The best online casinos will regularly give free chip bonuses to all their players, especially during seasonal events, like Thanksgiving or Christmas, or they will additionally offer monthly, weekly, or even daily free chip bonuses.
No Deposit Bitcoin Bonuses:
As surprising as it can be, some casinos will give you a bonus even before you make a deposit. These bonuses are known as “no deposit bonuses. These kinds of offers are rare to find, especially for Bitcoins.
No deposit bonuses are used to “preview” the casino before investing your money in it. These bonuses are used to try out their games and search for the best ones to play.
Most reload bonuses are permanent, which means that players will always get an additional bonus (like 20% more, for example) to each of their reload deposits.
Even if these bonuses are not advertised in the casino’s “promotions” section, you can get them as a reward from a VIP or loyalty rewards program, or as a part of a personalized promotion.
Bitcoin Bonus Codes:
Most online casinos use special codes when a player wants to claim a specific bonus or promotion.
Using the codes is very simple, just add them when selecting the bonus that you want to get (these codes can be found in the bonus terms and conditions, or in the bonus title itself).
Why do Casinos Offer Bitcoin Bonuses?
Online casinos offer bonuses and promotions for a very simple reason: they want to attract and retain players.
Apart from this obvious part, online casinos offer these bonuses for two important reasons:
- Improving the user experience while creating an account: creating an account at a new casino every time you want to play a game or get a bonus is boring, and online casinos know that most players do not want to do this repeatedly. Because of this, online casinos offer huge welcome bonus offers, usually in combination with a lot of free spins, to catch the interest of new players that are looking for a casino to join.
- Keep players playing at the casino: online casinos are not looking for players that just claim the welcome bonus, spend it, and stop playing their games; they want you to keep coming back to them so that you can become a regular customer. In this scenario, bonuses act as a huge incentive to accomplish this goal.
How to Make a Deposit Using Bitcoin?
The first step to using Bitcoin as your payment method is to choose an online casino that accepts cryptocurrencies in the first place. You can check our casino reviews list at the top of this website under the “casinos” title.
The second step is to take a moment to create a new casino account and follow the instructions given by the casino to claim your welcome bonus, free chip bonus, or no deposit bonus.
Once you have selected the bonus that you would like to get, you should go to the casino’s “banking” or “payments” section, to start making a deposit.
If you do not have a Bitcoin wallet, you will need to get one first thing, as you will not be able to make Bitcoin payments without one. You can google for BTC wallets and you will find the most popular ones.
Once you have your wallet all set up, then you should add some funds to it using a traditional payment method like a credit or debit card, or even a bank wire transfer.
Then, go to your casino account and follow these 6 steps.
- Select Bitcoins as your preferred currency or any other cryptocurrency if it is available at the casino.
- Select your wallet from the list of BTC wallets. If your wallet is not listed, choose “other”.
- Copy your personal and private BTC depositing address.
- Login back to your BTC wallet, choose the amount that you would like to deposit, paste your BTC deposit address, and make the payment.
- Go to your online casino and check if the payment was received and deposited currently into your account (this might take a few minutes).
- Choose the bonus that you want to get and start playing your favorite games.
Everything About Bitcoin Bonus Terms and Conditions
Let us face it, reading the terms and conditions of a casino, plus the terms and conditions for all its bonuses and promotions can be a waste of time, even though they are very important, and you should be aware of their existence.
However, you do not need to go through all their terms and conditions every time to know everything you need about them. You just need to know the following key parts of their terms and conditions.
Each deposit at a casino has a “wagering requirement” or “rollover” attached to them unless the casino specifies otherwise. Put in simple words, wagering requirements represent the number of times that you must bet the received bonus amount before the funds can be withdrawn.
So, only after you have betted that amount of money you will be able to withdraw any positive balance you have in your account that was obtained during the use of that bonus.
Some casinos will limit the amount of money you can withdraw from a deposit bonus, most no-deposit bonuses have a withdrawal limit no matter how much you win.
Some bonuses will have a maximum cap attached to them, this means that you will only win a top amount of money from a bonus, and any extra winnings will be automatically forfeited.
Again, most casinos will give you a time limit when you receive a bonus; this time limit represents the number of days that the player must either use the bonus or meet the wagering requirements of it.
Time restrictions vary from casino to casino, and they can go from 1 day to 30 days.
Withdrawal Documents (KYC):
Bitcoin is supposed to be an anonymous way to pay, most online casinos will have terms and conditions that allow them to ask the player for their documents like a national ID card, passport, driver’s license, or proof of residence (utility bill) so that they can process the withdrawal.
Most casinos will limit their free spin bonuses to certain slot games. Also, the casino can restrict the bonus to one category like slots, table games, or live dealer games.
However, the most common restriction to see does not apply directly to games, but rather the amount of percentage they contribute to fulfilling the wagering requirements.
For example, slot games can contribute to fulfilling wagering requirements at 100% while blackjack and poker only give 20%, and live dealer games give 0%.
How to Make a Withdrawal Using Bitcoins?
Requesting a withdrawal is easier than making a deposit. To request a withdrawal from the casino you must go to the banking page, select the withdraw tab, and select the amount that you would like to withdraw.
Then you must enter your unique Bitcoin wallet address and then request a cashout. Your Bitcoin wallet should then reflect your withdrawal in a matter of 24 to 72 hours.
One of the advantages of cryptocurrencies is that they are faster and more convenient when compared to traditional methods, like credit or debit cards, bank wire transfers, and other e-wallets.
What Casino Games Can You Play Using Bitcoin?
Most bonuses and promotions offered by online casinos will target slot games, and Bitcoin bonuses are no exception to this standard.
However, you can always find Bitcoin bonuses that allow or even target casino games like poker, roulette, blackjack, and live casino games in general.
Online casinos nowadays do not limit their services to casino games and slots alone, especially recently created casinos, which also offer sports betting, bingo, and lotteries.
In addition to all this, modern online casinos offer bonuses and promotions apart from the ones that you will find in their “promotions” section. So, it is highly recommendable that players always link their emails to our newsletter to avoid losing a special offer that includes Bitcoin
We recommend using Bitcoin as a means to deposit and withdraw from an online casino as it is safe and trustworthy and a lot faster than fiat withdrawal methods.
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