What Are Bitcoin Casino Welcome Bonuses?
It’s in the name, one of the easiest bonuses to understand. A welcome deposit bonus can be activated when you make a deposit at a casino for the first time. A Bitcoin welcome deposit bonus can refer to a deposit bonus usually offered by a casino accepting Bitcoin.
At some casinos a welcome bonus refers to the bonus available for your first deposit. At other casinos the welcome bonus can refer to the combined bonuses for your first, second, and third bonuses. The welcome bonus depends on the casino, with some also offering cashback, free spins, or additional funds as part of the deal.
How Do They Work?
Every casino has a cashier section, usually, where you deposit and withdraw from, this is where you will see your welcome deposit bonus offering. Otherwise, it may appear when you first sign up. Additionally you can look in the bonuses and promotions section to claim too.
When you make your first deposit at a Bitcoin casino your bonus funds will appear in your account. Some casinos give you access to your funds immediately while otherwise may only release the funds once you have completed your wagering requirements. Always be sure to keep an eye out for the fine print of the wagering requirements, as to not lose access to your bonus funds.
The bonus amount is generally formatted as a percentage of your deposit. For example, you may be offered a welcome bonus of 100%, meaning you instantly double your cash flow.
There are usually minimum and maximum deposit limits, so a 100% deposit bonus up to 1 BTC comes with a minimum deposit requirement of 0.0005 BTC.
Each casino and bonus should have its requirements outlined for you to better understand.
When Can You Welcome Bonuses?
When you can claim a welcome bonus depends on the casino. Some may offer the bonus as you sign up or as you make your first deposit; while at other casinos you have to activate the bonus in your account once you have completed the sign up process.
However you claim your bonus, it has to come in conjunction with your first deposit. Some casinos offer a welcome bonus of the month or even a welcome bonus of the day, but generally, it refers to your first ever deposit on your account. But there are options out there for daily and monthly welcome bonuses.
Most likely, you can claim your welcome bonus at sign-up, deposit, or wherever else they are available. You may be able to just click accept the bonus, or you may need to enter a code. Regardless, you can claim first deposit bonuses wherever they are available.
Pros And Cons of Welcome Bonuses
While there are clearly many benefits when it comes to Bitcoin casino welcome bonuses, this wouldn’t be a fair article unless when went over their flaws as well. For the integrity of this article, we will now cover the pros and cons of first deposit bonuses:
Pros
- Play games with bonus funds
- Opportunity to try new games with extra funds
- Lucrative offerings (eg. 100%-500%)
- Risk-free winnings
- Maximize the value of new accounts
Cons
- Wager requirements may be high
- Minimum and maximum deposits
- Cashout limits due to wagering
- Expiration dates due to wagering requirements
While there are some disadvantages to Bitcoin casino welcome bonuses, they are not impactful enough to take away from the many benefits offered. But consider all factors before choosing what bonuses you want to claim.
The post Best Bitcoin Casino Welcome Bonus Offers appeared first on BitcoinChaser.
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