If you play online casino games, then chances are that you gamble with dollars or another fiat currency, like the euro or pound. After all, fiat has been the predominant way to gamble online for over a quarter century.
If you’re still betting in dollars, euros, or another common currency, though, then you might want to consider switching to Bitcoin (BTC). After all, Bitcoin bonuses are currently the best offers in the gaming industry.
I’m going to discuss why you should immediately pursue BTC bonuses. I’ll also discuss how you can cash in on these deals. And I’ll share with you a few simple tricks that keep you safe.
Bitcoin Bonuses Are Much Bigger Than the Average Online Casino Bonus
If you appreciate big online casino bonuses, then you’ll love what Bitcoin gaming sites have to offer. They’re currently featuring the biggest deals in gaming history.
I don’t say this to hawk Bitcoin casino bonuses like some cheesy car salesman. Instead, I’m stating it in a matter of fact way.
I’ve seen Bitcoin casino bonuses as large as 2 BTC. At the time of this post, one Bitcoin is worth $52,000. Therefore, a 2 Bitcoin bonus is worth up to $104,000.
Of course, not every gaming site offers this much. Most of these bonuses are worth less than 0.5 BTC. But even in these cases, you’ll be able to qualify for a significant amount of money.
A 0.1 BTC bonus, for example, is currently worth $5,200. The biggest fiat casino bonuses, meanwhile, don’t typically go over $5,000.
Of course, if you’re a low roller, you may have no use for deals worth between $5.2k and $52k. Assuming you like chasing big bonuses, though, then you’ll really enjoy what Bitcoin casinos have to offer.
Why Do Bitcoin Casinos Offer Such Large Bonuses?
The main reason why BTC gaming sites offer massive bonuses is simply because the Bitcoin price has exploded. At one point in December 2018, the price was hovering around $3,400. At the time of this writing, it has surpassed $52,000.
Of course, online casinos didn’t boost their bonuses to 1 BTC right when Bitcoin hit $50k. Instead, they had these deals in place before the price explosion.
Some of these sites have since adjusted their offers because they don’t want to offer tens of thousands of dollars in bonus money. Others, however, have stood pat on their lucrative deals.
Of course, most gamblers don’t have 0.5 to 1 BTC to deposit at a real money online casino. But a few high rollers who are looking to earn big money on the side of their play will appreciate these deals.
Bitcoin No Deposit Bonuses Are Available Too
Up to this point, this discussion has centered on BTC deposit bonuses. However, Bitcoin no deposit bonuses are also available at some casinos.
They’re quite impressive compared to the average no deposit bonus. A typical no deposit offer is usually only worth $20.
BTC no deposit bonuses, on the other hand, are much more valuable. I’ve seen deals that are worth up to 5 Millibit (mBTC).
An mBTC is only worth one-thousandth of a Bitcoin, making it seem rather insignificant. 5 Millibits, however, are actually worth over $250 at the time of this writing. This amount is well over 10x what the average no deposit offer delivers.
Of course, these deals aren’t as common as BTC deposit bonuses. After all, gaming sites don’t like giving away hundreds of dollars’ worth of free cash. But you can find lucrative Bitcoin deposit bonuses with some effort.
Read the Terms & Conditions Closely
Many BTC bonuses are outstanding in terms of overall value. However, you’re not going to earn all of this money without some work.
Just like any casino bonuses, Bitcoin deals come with terms and conditions attached. If you’re going for a huge bonus, then wagering requirements (a.k.a. play through) become especially crucial.
After all, you’ll need to wager a lot more before unlocking such bonuses. Here’s an example on meeting play through on a large Bitcoin bonus:
- You qualify for a BTC bonus worth 0.2 BTC (approx. $10,000).
- Wagering requirements are 40x.
- 40 x 0.2 = 8
- You’ll need to wager 8 Bitcoins (approx. $400,000) before cashing out the 0.2 BTC bonus.
You obviously don’t want to go into this matter half-heartedly. After all, 8 Bitcoins are an incredible amount to wager. You may find the effort worthwhile, though, if you’re really wanting a huge casino bonus.
These deals come with other terms and conditions as well. Here are the basic T&C’s behind most Bitcoin bonuses:
- Bonus Code – You normally have to use a bonus code when registering/depositing.
- Claim the bonus – You must visit your account and claim the bonus.
- Days to claim – Casinos provide a certain amount of days to claim a bonus (e.g. 7 days).
- Days to meet play through – Gaming sites also limit the number of days you have to meet play through (e.g. 180).
- Maximum bet – Casinos limit the maximum amount you can wager with an active bonus (e.g. 0.01 BTC).
- Game restrictions – Play on some games may not count towards wagering requirements. Other games might have reduced play through contributions (e.g. 20%).
How to Get a Bitcoin Casino Bonus
If you’ve ever gone after an online casino bonus before, then you shouldn’t have any trouble getting started with BTC offers. Here are the simple steps you need to follow to qualify for these deals.
1 – Find an Online Casino That Accepts Bitcoin
The first step involves finding an internet casino that takes BTC. These gaming sites are the most likely ones to feature Bitcoin deals.
Luckily, BTC casinos aren’t hard to find these days. They’ve multiplied exponentially over the past several years.
Some of these sites plaster lucrative Bitcoin offers on their homepages. If this isn’t the case, though, you might still find BTC deposit bonuses in the promotions section.
2 – Buy Bitcoin (and Create a Wallet)
Assuming you don’t already have Bitcoin, then you’ll need to buy some from an exchange. Many cryptocurrency exchanges, such as Binance, Coinbase, Gemini, and KuCoin, let you buy crypto with fiat.
After purchasing BTC, you can either leave it on the exchange or transfer it to a wallet. Creating a wallet and storing coins there is preferable when you want full control over your crypto.
Most exchanges are pretty trustworthy to act as custodians. Given that anything can happen, though, you might still want your own wallet.
3 – Get a Casino Wallet Address & Deposit
You’ll need a place to send your crypto before playing at Bitcoin casino sites. That said, you must visit the relevant casino’s banking section and look for the Bitcoin option.
Upon selecting BTC, you’ll generate a wallet address. You then head back to your exchange/wallet and get ready to send some Bitcoin.
You’ll enter the casino’s wallet address in the field where the crypto is being sent. From here, you approve the transaction and wait for the funds to arrive.
The amount of time that it takes for Bitcoin to hit your casino account varies. However, you can generally expect the funds within a day or so.
Conclusion
If you’re somebody who loves big online casino bonuses, then Bitcoin gaming sites should be your next stop. These sites are currently offering bonuses that dwarf what fiat casinos have to offer.
Some deals exist that are worth up to 2 BTC—or more than $100,000 based on today’s prices. Plenty of others are worth at least 0.1 BTC ($5.2k) or more.
Of course, you may not have thousands of dollars to deposit at an online casino. In this case, you can look towards Bitcoin no deposit bonuses. Some of these can be worth several mBTC—or hundreds of dollars.
Assuming you’ve never used BTC before, then you’ll have little trouble getting started. The few minutes spent learning how to make Bitcoin deposits are worthwhile when considering the huge bonuses that are out there.
Michael Stevens
Michael Stevens has been researching and writing topics involving the gambling industry for well over a decade now and is considered an expert on all things casino and sports betting. Michael has been writing for GamblingSites.org since early 2016. …