Bitcoin No Deposit Bonus
While several years ago Bitcoin gambling was mostly tied to dice sites and a handful of platforms that were far from their fiat money counterparts in terms of game variety and rewards, things are now much more different. With Bitcoin’s acceptance growing at a rapid scale in both the commercial and online gaming sector, Bitcoin casinos have grown into varied gambling platforms, and perhaps nowhere is that growth as evident as it is in the bonus department.
A Bitcoin casino no deposit bonus in when a casino gives you some money or the opportunity to get some money to play with without the need for depositing your own funds. The no deposit bonus usually applies at sign-up and most often comes in form of free spins, which you can read more about below. A Bitcoin no deposit bonus codes can be found on nearly every casino. And they come in various sizes ranging from 0.0001 BTC to 1 BTC. Each of them is usually accompanied by a wagering requirement of about x30 or x40, which means that players need to wager 40 times the amount they received to withdraw their winnings. Bitcoincasino.io – 25 Free Spins No Deposit Signup Bonus! March 17, 2020 Bitcoincasino.io is one of the most exciting new bitcoin casinos around, and you can claim 25 Free Spins with no deposit required instantly upon registering your account! This is a very popular no deposit bonus that offers you a huge sum of money as bonus – usually between $500 and $3000. You are required to use up the entire bonus money in a given time, usually 60 minutes. Any bonus money left over after the time period has expired becomes unusable.
At today’s Bitcoin casinos, you’ll be able to find the same perks and incentives as you would in your regular online casino, but with the added benefit of anonymity. And this includes no deposit offers, which are probably the most attractive Bitcoin bonuses around that speak to both novice and experienced players.
Albeit rarer than match deposit offers, no deposit bonuses do exist in the online Bitcoin casino world. If you’re interested in picking up an offer, or two, here’s a complete guide on the types of no deposit bonuses offered, what to consider when claiming one, and how to make sure you do it safely and successfully.
Types of Bitcoin No Deposit Bonuses
There are basically only a few types of no deposit bonuses offered at today’s casinos, with most operators usually offering only one type of no deposit bonus at a time. Depending on the operator, or even your current location, you might be eligible for claiming one or more of the following bonus types:
Free Spins Bonuses
The most common type of no deposit bonus is the free spins bonus. Free Spins bonuses are often given upon registration, but they can also be a part of a regular promotions calendar and given on a daily, weekly, or monthly basis, or as rewards to slot tournament players.
Most often, casinos will give away around 10-20 free spins for newly registered users, but there are also operators who offer much more. And since they are commonly given as an incentive to get you try a certain game, free spins are often tied to a new game, or a pre-selected group of slots.
Free Money/ Free Chips Bonuses
Unlike free spins, which are exclusively tied to slot games, free money/ free chips bonuses can be spent at other games at the casino. They are claimed in the same way as free spins bonuses and they come with similar terms attached. Most often than not, the sum of “free money” you’ll receive will be very small, just enough to get you a taste of the games and have a chance of winning something.
Referral Bonuses
Casinos also have referral bonuses that you can receive by referring your friends to sign up. To claim one, you’d have to use a referral code and send it to your friends via e-mail or your social media profiles. However, referral bonuses are only “no deposit” bonuses for you and not your friends, who will be required to deposit some money into the casino so that you can earn your bonus.
Most casinos also limit friend referrals up to a certain number to avoid being abused. Some even ask that your friends claim a bonus offer and meet their wagering terms before your bonus can be claimed. Thus, before handing out codes, it’s always good to read through the fine print first.
Bitcoin No Deposit Bonuses Explained
If you couldn’t already guess from the name, a no deposit bonus is a bonus you get without making any deposit at a casino. Just imagine walking into your local casino and someone giving you free chips to try their games out – nice, right? However, while most people assume no deposit bonuses are “free” money giveaways, they actually don’t come free.
If you’ve ever accepted a casino bonus online, you know that it comes attached to a set of terms and conditions that state what you have to do before you are allowed to cash out any winnings you’ve made with your bonus. No deposit bonuses are not an exception to this rule and they often come with a similar set of terms, the most common being:
Wagering Requirements
The wagering requirements are almost a “default” bonus term that comes with any casino bonus. The wagering requirements are basically a number that tells you how many times you have to wager your bonus winnings before you are allowed to cash them out.
For example, let’s say you got a no deposit bonus of 10 free spins for registering at a casino and your wagering requirements are 40x. Now, if you won 1 BTC by using all of your free spins, you will have to wager 40 BTC worth of money at the casino, before you can withdraw your original winnings. If you don’t, you risk forfeiting any won sum.
When it comes to free spins, the wagering requirements can range from 30 and up to 60, or a 100, depending on the casino. At first, they sound like an unfair term, but the truth is that they can lead to decent cash prizes, if you’re lucky enough.
Game Restrictions
No deposit bonuses are also seldom tied to a certain game, or pre-selected group of games the casino wants to promote. With free spins, this is mostly a new slot game offered at the casino, while free chips offers are usually tied to several card or table games. Thus, when considering a no deposit bonus offer, you should also consider what games it applies to.
Also, since your winnings will be probably considered as bonus money, they will also be subject to standard bonus terms and conditions. Part of these terms will also state what games apply towards meeting your wagering requirements and in what way.
Slots, for example, almost always have a 100% contribution, which means every 0.1 mBTc you spend on them will be considered as 0.1mBTC towards meeting your wagering requirements. On the other hand, casino games like Blackjack, Poker, or Roulette will have much lower contributions to counteract for the advantage they give to the player.
Minimum Deposit
What plenty of new players don’t understand is that the “no deposit” part applies to the way you claim the bonus, but not the terms you have to meet. If you look through the fine print of most no deposit bonus offers, you’ll see there’s a minimum cash deposit limit you have to meet to be able to withdraw your bonus winnings. Luckily, this is usually a very small amount of money.
Maximum Winning
Since casinos are giving you a “free” chance to win some money, they often put a cap on the winnings you can make with your no deposit bonus to avoid suffering too much financial damage in case you get very lucky. The max limit is often listed in the fine print alongside the bonus promotion, but you might also have to read through the terms to find it.
Time Limits
And last but not least, casinos will often give you a certain time-frame by which you have to fulfil the bonus terms and conditions or forfeit winnings you’ve made with your bonus money. This can range from a few days to weeks and even months, depending on the casino. Thus, it’s vital you check the terms for any such limits, if you want to avoid unpleasant surprises down the line.
FAQs
It really depends on the casino. Some casinos give no deposit bonuses to any player who registers a real-money account, while others may ask you to enter a coupon code to claim one. There are also casinos that ask you to contact live chat support to claim the offer.
Not necessarily. Although no deposit bonuses are mostly given to new users, there are also casinos that give them as loyalty rewards to existing players or as prizes in slot tournaments, etc.
Crypto No Deposit Bonus 2021
Like any other bonus offer, no deposit bonuses are also restricted to one per account. So, if anyone with your IP address, home address, or even telephone number has already claimed the same bonus, you will not be eligible to do so.
The most common type of game that no deposit bonuses apply to are slots, but this is not always the case. There are also Bitcoin casinos that give no deposit bonuses for card or table games, or even speciality games. Each offer is different, so make sure you review it well before accepting it.
A sticky bonus is a bonus that you cant withdraw with your winnings, i.e. one that sticks in your player account. It is common for free money bonuses to be sticky bonuses and not be added to your withdrawal once youve met your bonus terms.
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