The new wave of online crypto casinos is ever-growing, offering a wide range of bonuses.
While it may be tempting to make a deposit for the biggest bonus available at a crypto casino, understanding what each bonus is and ensuring you meet the requirements can help you choose the right one.
Read on for our step-by-step guide on how to choose the right crypto casino bonus for you.
Types of Crypto Casino Bonuses
- Free Spins: Also known as extra spins, these bonuses offer you a certain number of free spins with no wager requirements. This means that all your winnings are yours to keep when playing with free spins. Free spins can come as part of a welcome bonus or as a no-deposit bonus.
- No Deposit Bonus: A no-deposit crypto casino bonus does not require you to make a deposit in order to receive the reward. Some no-deposit bonuses come with free spins, while others provide cash rewards.
- Welcome Bonus: A welcome bonus is usually part of a package that is offered when you make your first deposit. Welcome bonuses usually include free spins, cash rewards, or a combination of both.
- Free Tokens and Cash: Some crypto casinos also offer free tokens or cash as part of their bonuses. These tokens can be used to play various games at the casino.
Factors To Consider When Choosing The Right Crypto Casino Bonus
As mentioned above, it is important to understand what each bonus entails before you make a deposit. Here are some factors to consider when choosing the right crypto casino bonus:
Wagering Requirements
This refers to the number of times you need to play before you can withdraw your winnings with a bonus. For example, if a bonus has a 10x wagering requirement, you will need to play 10 times the bonus amount before you can claim your winnings.
The implication of this is that if you receive a bonus with a high wagering requirement, it will be difficult to meet the requirements. If you get a $50 bonus with a 10x wagering requirement, you must place bets totaling $500 before you can withdraw any winnings.
Turnover
Also known as the Playthrough Requirement, bonus turnover refers to the amount you must bet to meet the wagering requirements. It is usually expressed as a percentage of your bonus amount. For example, if you receive a $100 bonus with a 15x turnover, you will be required to place bets totaling $1500 in order to meet the requirement.
Minimum Deposit Amount
Make sure you check the minimum deposit amount required before claiming a bonus. Some crypto casinos will require a minimum deposit amount before you can claim the bonus. You could get a very high bonus but end up not being able to get a portion of it because you haven’t made the minimum deposit amount. Also, make sure you know the maximum bonus amount you can receive for a deposit.
The Terms and Conditions
Many crypto casino gamers often ignore the terms and conditions when claiming a bonus. This can lead to unpleasant consequences in the future. Before you make a deposit for a crypto casino bonus, make sure you read and understand the terms and conditions of the bonus. Ensure you know how to claim the bonus, what games it applies to, and how long you have to fulfill the wagering requirements.
Time Limit to Meet the Requirements
Another important factor to consider is the time limit for meeting the wagering requirements. Some crypto casinos will place a time limit on how long you have to meet the wagering requirements. Your bonus amount will be forfeited if you fail to meet the requirements within the time limit.
The Withdrawal Fees
You’ve probably read numerous complaints online about crypto casinos that won’t let players withdraw their winnings without paying a hefty withdrawal fee. Before claiming a bonus, make sure you read and understand the withdrawal fees associated with it.
Final Words & Bonus Tip
Thank you for reading through this guide on crypto casino bonuses. We hope you have been able to understand better the different types of bonuses and what factors to consider when choosing the right crypto casino bonus for you.
As a final tip, always read user reviews and check the reputation of the crypto casino you intend to play at. This is important, as it will help you determine if the bonuses offered are reliable or not.
Good luck, and happy gaming!