Bitcoin is getting more famous every single day. It’s pretty much established that it’s here to stay. It was only a matter of time until casinos started accepting Bitcoin as a payment method. And, with that came casinos that only work with Bitcoin. As other cryptocurrencies became prominent, they were added as payment methods as well.
Most of them have started accepting Bitcoin and other cryptocurrencies as well. This has happened because of the massive demand for Bitcoin gambling. So, by accepting Bitcoin, many casinos have become even more profitable.
But, as we’ve mentioned, Bitcoin casinos are a thing. And they come with some nice perks. One of these perks is the No Deposit Bonus. But, what exactly is a No Deposit Bonus?
That’s what we’ll be looking at today. So, let’s find out everything about No Deposit Bonuses.
What is a Bitcoin No Deposit Bonus?
Bonuses have been around ever since the first Bitcoin casinos were introduced. The most common bonuses back in the day were free spins. You would usually not win any significant funds from these, though.
That’s when No Deposit Bonuses emerged. With these, you could bet on your favorite slots on the Bitcoin casino of your choice. And you didn’t have to deposit a single Satoshi. So, you risk nothing, and you get all the fun.
This move by Bitcoin casinos was a smart one. Back when the No Deposit Bonuses were introduced, Bitcoin wasn’t as well-known as it is now. So, any user had the chance to try out two different things. The first one was a new casino. And the other was a new idea (Cryptocurrencies).
How do No Deposit Bonuses work?
No Deposit Bonuses are available in a plethora of forms. The most common No Deposit Bonus is free spins. When you sign up to a Bitcoin casino that offers this bonus, you’ll immediately get a few free spins. These range from 20 to 50 free spins.
Another great No Deposit Bonus can be free funds that the Bitcoin casino gives to the player. These funds are usually around $10-$20. So, it’s nothing big, but you can still have some fun with them.
There are also Bitcoin casinos that offer Bitcoin faucets. For those of you who don’t know, faucets are a way to get some free cryptocurrencies every set amount of time. You get a specific amount of crypto every hour, or every day, or even every ten minutes.
Depending on the casino you choose, you might be able to use your free spins on any slot you like. Or you might be limited to use them on a specific slot.
How can you claim your No Deposit Bonus?
If you’ve already registered at the casino of your choice, you might not be eligible for a No Deposit Bonus. These are all reserved for new players. If you want to claim your No Deposit Bonus, you’ll need to sign up for a casino. After you’ve signed up, you’ll need to verify your email.
You can then log in to your account, and you’ll have access to your No Deposit Bonus. Some casinos have different ways for you to activate your bonus. These are the following:
These are the most common ones. You’ll usually get a bonus code from an affiliate of the casino. Or, the casino itself will send you a code that you can use to get your No Deposit Bonus.
Some casinos make you input this code when you’re about to sign up. Some other casinos allow you to enter your bonus code once you’ve verified your email and logged in.
Some casinos make the whole process much easier. All you need to do is sign up. And when you log in to your account, the bonus will be waiting for you to use it. So, you won’t need to input any codes.
Requesting the Bonus from the support team
While this isn’t usual, there are casinos out there that make you ask the support team for the No Deposit Bonus. After you’ve requested the bonus, the support team will add it to your account.
Why are No Deposit Bonuses great?
As players ourselves, we found No Deposit Bonuses to be great because we could check out different Bitcoin casinos. And we had no risks when we gambled since we hadn’t spent anything.
In actuality, any player can get all of the excitement and fun from gambling without facing gambling problems. This way, you’ll be able to explore different Bitcoin casinos. And, if you like them, you can always deposit some Bitcoin and gamble with that.
These bonuses are also a perfect way to try out any games on a casino. As we’ve previously said, most No Deposit Free Spins are tied to a specific slot. So, you might get 20 free spins on Book Of Dead. And who knows? Maybe it will become your next favorite slot.
On top of that, casinos that offer No Deposit Bonuses tend to offer further promotions, like free spins or free Bitcoin.
What is the catch?
We’ve told you about free money and free spins. But why do casinos offer that? Aren’t they losing money that way? Well, there’s a catch.
Some conditions apply to every single one of these bonuses.
Firstly, there’s a wagering requirement. This means that you’ll have to wager the bonus amount a certain number of times. If the bonus is $20 and the wagering requirement is 40x, you’ll need to wager $800 before you can withdraw your winnings.
Even then, you still might not be able to withdraw your winnings. Some casinos implement a rule that you need to deposit before you can withdraw any money you win. Casinos don’t usually do this, but some out there still have it as a condition. So keep that in mind when applying to a Bitcoin casino.
Let’s not forget about country restrictions as well. Bitcoin casinos are banned in some countries, most notably the USA. As you can imagine, you won’t be able to get No Deposit Bonuses if you’re from any of the countries that prohibit Bitcoin casinos.
Now, you have an idea of what No Deposit Bonuses are. You should research and find the best Bitcoin casinos that offer such bonuses. And when you do, sign up and play. Who knows? You might make some serious cash.