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What is No Deposit Bonus?
Why Do Online Casinos Offer No Deposit Bonuses
Attracting new customers is the main reason online casinos offer bitcoin no deposit bonuses. There are dozens of online casinos to choose from and offering bonuses is one way to stand out from the crowd. Would you choose the casino offering you free money or one just asking you to sign-up?
Several bonus types exist, but we’re concentrating on bitcoin casino no deposit bonus options here. What is it, how to claim yours, and the common terms & conditions are all revealed.
The Different Types of Bitcoin No Deposit Bonus
There are several different guises the no deposit bonus takes, but all require no financial outlay from you. While no deposit bonuses at Bitcoin online casinos are not as common as the cash alternatives, you will find these bonus types in the casinos you find on our pages. Here are some of the most popular bonuses bitcoin casinos offer on a regular basis.
- Free Spins – Free spins are the most common form of Bitcoin casino no deposit bonus. The standard protocol is you create your account and the casino gives you some free spins to use on slots. You’re often tied to using the free spins on a specific slot or slots, but you have the chance to win big from those free spins. Options will/can include 25 free spins, 50 free spins, or even 100 free spins.
- Comp / VIP Points – Bitcoin casinos have loyalty programs that reward you for frequent play. You climb the VIP ladder by earning Comp Points when you make real money wagers. Some crypto casinos give you Comp Points as a no deposit bonus, giving your loyalty level a boost from the moment you start playing there, and increasing your chance at claiming a unique match bonus or potentially even free spins on slot machines.
- Withdrawal Allowed – This no deposit type allows you to cashout any winnings derived from the bonus. It also, usually, means you can withdraw the bonus amount too. You must complete playthrough requirements (more on those later) to withdraw, but these are the Holy Grail of no deposit bonuses.
- Withdrawal No Allowed – Some casinos don’t allow you to withdraw a no deposit bonus. These are intended to give you a taster of the casino’s portfolio of games. Often, you can keep your winnings from the bonus, but the bonus amount itself is not withdrawable.
How Do You Claim a Crypto No Deposit Bonus?
Bitcoin casinos tend to offer their no deposit bonus codes via bonus codes. Each code is unique to that casino and can only be used once per person. This helps prevent people from abusing the free Bitcoins offer.
We keep our Bitcoin Casino review pages up-to-date with the latest bonuses and offers, so this is your first port of call.
Also, ensure that you check your emails regularly for special offers from the Bitcoin casino you’re playing at. Emails from casinos often end up in your Spam folder, so make sure you check here. These emails have special codes or links for you to opt into the no deposit bonus. Other very valuable bonuses are crypto slots no deposit bonus codes, which offer players the ability to win big on bitcoin slot game machines, without having to deposit any money themselves.
No deposit bonuses at Bitcoin casinos are still rare, but they do exist. Grab it with both hands if you’re offered one.
How to Release Your No Deposit Bonus
All bonuses that are available to withdraw have detailed terms and conditions applied to them. Bitcoin Casino no deposit bonuses are no different. Therefore the deposit requirements are dependent on the online gambling site, and which type of bonus being offered. In order to claim your bonus, you will have to create a casino account, after you have determined which type of deposits and withdrawals method you plan to use. For example Bitstarz casino accepts both cryptocurrency and fiat currencies.
Rules differ from casino to casino but expect there to be playthrough requirements attached to a no deposit bonus.
Playthrough is exactly what it sounds like: you need to wager a certain amount in order to get your hands on the bonus. The industry standard is between 30-40-times the bonus amount. For example, a 100 mBTC bonus with 30x playthrough means 3,000 mBTC (or 3 BTC) worth of real money play is required to release the bonus into your account.
Not all casino table games and slots count fully towards the playthrough requirement. Play on slots almost always counts 100% towards the wagering requirements. Table games such as roulette and blackjack usually weigh in at 10%. Therefore, it makes sense to play Bitcoin slots while trying to release a no deposit bonus.
Advantages of No Deposit Bitcoin Bonuses
The biggest advantage of a Bitcoin no deposit bonus is there is no financial risk involved. They are essentially free money that you can use, almost, as you wish.
Using a no deposit bonus at a new casino is the perfect way to put a new casino through its paces. There’s nothing worse than signing up to a casino, making a deposit, only to discover they don’t have the slots you like, or that its customer support team is beyond terrible.
Playing with a no deposit bonus means you can try all aspects of the casino for free.
The main disadvantage of a no deposit bonus is they tend to be small. Bitcoin’s value fluctuates, often massively. Casinos lower their risk by making these bonuses small. Using a first deposit bonus will yield larger bonuses
Restrictive terms and conditions are another minus point for this bonus type. Playthrough requirements are higher and you can’t always play the games you wish. That said, the fact a no deposit bonus is free cash outweighs these negative.