Bitcoin Casino Bonus Wagering Requirements

Bitcoin Casino Bonus Wagering Requirements image

As most players know, bonuses and promotions are a core part of every online casino. Casinos use bonuses as powerful tools when trying to attract new players and retain existing customers. Bonuses are the best way to do that, giving players more money to play with.

However, while some players might get the impression that it’s free money, the reality is far different. You may get Bitcoin casino bonuses for free, but using that money to win real money and keep it later is something entirely different. You’ll need to meet the wagering requirements to keep your winnings, which are often the most confusing part of the bonus terms and conditions.

What are Bonus Wagering Requirements?

Bonus wagering requirements are the most important part of bonus T&Cs. Think of it as a security mechanism, a kind of lever that ensures that you’ll be spending some money after getting the bonus for almost nothing. The casino expects something in return for your bonus, in this case further deposits which you must make in order to wager the bonus or deposit amount (or both) to keep what you win.

Life is all about taking and giving, and it’s the same with bonuses. The bonus wagering requirements ensure that you’ll continue making deposits and playing at a casino, and often determine the quality of the bonus in question.

How Do Wagering Requirements Work at Bitcoin Casinos?

Wagering requirements are displayed with a number. For example, you’ll often come across bonuses that require you to wager your bonus or deposit amount 30 times. This means that you should play that money over 30 times in total, which will require you to make a deposit. Wagering requirements can only be met with real money, not bonus amounts or winnings.

Let’s put things into perspective:

  • You have a $50 deposit bonus with 30x wagering.
  • It means you need to spend $1,500 (50×30) in the casino before claiming what you win.
  • If there’s no cap on winnings, the wagering might be worth it for a big win amount.
  • But, since there’s usually a cap on bonus winnings, you should avoid bonuses with high wagering requirements. 

The wagering requirements are slapped on almost any kind of bonus, including no deposit bonuses free spins. So, even if you claim a bonus without a deposit, you’ll need to deposit later to complete the wagering. Also, keep in mind that you only have a limited time to do so. Most bonuses will give you up to a month to meet the wagering, after which they cancel your bonus and winnings.

Here are three Bitcoin casino brands and their most popular bonuses and wagering requirements.

Brand Bonus Wagering Requirements
CryptoLeo 100% up to €2,500 on sign up 50x
BitKingz 150% up to €150 + 150 free spins 45x
BC.Game 100% bonus + 100 free spins 35x/60x

Different Types of Casino Bonuses with Wagering Requirements

Wagering requirements are added to almost every bonus at Bitcoin casinos. While technically you have no wager bonuses at some casino sites, most gaming platforms have wagering requirements slapped on their offers.

The wagering is most common on welcome offers, which are larger at crypto casinos, and as such demand spending extra money. We’ll cover the most popular bonuses at Bitcoin casinos below and show you how the wagering might differ.

  • Welcome bonuses: welcome bonuses are the special bonus you get on sign up. Most Bitcoin casinos offer a lucrative match deposit bonus upon registration. It usually doubles your initial deposit, and may or may not contain free spins as well. The wagering requirements for this bonus should be fair and relatively low, as it’s usually a larger sum.
  • Cashback bonus: cashback bonuses give you some money back on your losses. Many of these offers are no wager, meaning you get to keep what you win. Those wins are usually capped, and on average, cashbacks cover around 10%-30% of your losses, often depending on your VIP level.
  • Free spins bonus: free spins are a popular type of bonus for slot fans. They come in big batches, so it’s not unusual to get 150 or 200 free spins or so. Free spins wagering is different than deposit match wagering. In this case, you’re wagering the winnings you obtain instead of the bonus amount.
  • Bitcoin no deposit bonus: no deposit bonuses are usually smaller than deposit match bonuses because you’re not spending money to claim them. Due to that, the wagering requirements are often lower, although that’s up to the casino to decide.

What You Should Know Before Claiming a Bonus

Before you claim any type of Bitcoin casino bonus its important to check your chosen cryptocurrency payment methods is accepted on the brand, you should read the terms thoroughly. The wagering requirements are an important part of the terms. But you should also take a look at the other terms and conditions, including the likes of maximum bet while wagering, eligible games, and more.

The terms might be a bit difficult and lengthy to read, but they are essential to understanding the terms of any offer. The lower the wagering, the better. Of course, not all casinos offer low wager bonuses, but if you take a look at our recommendations, you’ll find fair offers.

Are There No Deposit with No Wagering Bitcoin Casino Bonuses?

No deposit free bonus bitcoin casino with no wagering limit are quite the unicorn. Bitcoin casinos rarely offer this type of bonus, but they do exist and can be found. These are usually reserved for new players or existing players as part of VIP programs.

In this case, you won’t need to deposit money to claim a bonus, nor deposit later to wager it. That’s why the bonus is so rare. It’s also smaller in size and may have a cap on winnings, because casino sites are in the business of making money, not giving it away.

With that being said, you can find a good no deposit no wager offer if you look hard enough. Keep in mind to take a look at the terms – there might be no wagering, but there might be other restrictive conditions.

Related Posts