Although there is no single reason why people play at casinos, it's believed that gambling gives players an adrenaline rush – a surge of energy that causes excitement (also known as “the casino buzz” or the “gambler's high”).
This is probably one of the reasons why online casinos are becoming more and more popular every day. There are many different types of bonuses in crypto casinos – however, no deposit bonuses or best online casino bonus Australia are inarguably the most attractive promotional offers in the industry.
In this article, we will look through some reasons for the popularity of Bitcoin and crypto casinos with no deposit bonuses.
How to Find the Best Bitcoin and Crypto Casino with No Deposit Bonus?
While it might seem like a simple task, finding the best Bitcoin casino is not as easy as it seems – especially if you are new to this exciting industry. It's certainly worth mentioning that many Bitcoin casinos have popped up over the years, only to disappear a few months or even weeks after they were established.
The good news is that there are several points and factors which you can take into account when trying to find a high-quality Bitcoin casino. These factors must include banking methods available for depositing and withdrawing funds, and the games offered by the casino, as well as the bonuses on offer.
Also, if gamblers want to play safely, they should find a Bitcoin casino which is:
- Licensed and regulated;
- Secure and reliable, i.e. uses state of the art encryption technology;
- Has a good reputation among its customers;
- Offers more than one payment method for deposits and withdrawals;
- Has a large selection of games;
- Offers bonuses on games – not only no deposit bonuses but also welcome packages.
Some General Advice on Using Bitcoin and Crypto Casino Bonuses
As this type of crypto casino has become more popular recently, there are still some quirks that need to be ironed out. The most obvious one is related to taxes – while you are not making any real money while playing the games, these bitcoins or altcoins still have value. And if you win big, there may be tax implications for that as well.
Make sure you do your research and understand your local laws before claiming one of these bonuses! As with most online games, there are certain risks involved in the world of cryptocurrencies too. In fact, this holds true even more when you are playing with Bitcoins and other virtual currencies.
Then there is also the issue of gambling addiction – it goes without saying that casinos are risky places, and while Bitcoin and crypto casino bonuses don't really add to this risk, you should still keep an eye on your spending habits. You can start by checking up on the guide on cryptocurrency gambling that talks about the risks involved in using Bitcoin casinos.
The Terms and Conditions of No Deposit Bonus Codes for Bitcoin
The terms and conditions are the same as any other no deposit bonus. Usually, before claiming a particular bonus code, players need to check out what exactly it entails.
Some casinos do not allow players from certain countries or regions to claim these bonuses, while some require that you play a particular game to be eligible. Other than these, there are specific wagering requirements and maximum allowed bets that players need to follow.
Terms and conditions also apply when it comes to withdrawals from this bonus amount. Usually, players can withdraw their winnings only after they have wagered the bonus 40 times or more. So as you can see, no deposit bonus codes usually have an expiry date too. Make sure that you play on the bonus before it expires if you want to withdraw your winnings.
What Are the Best Crypto Casino Sites?
Can a player gamble with a no deposit bonus code at any casino site, or will he need to choose a certain casino that is dedicated to Bitcoin gamblers? We will tell you all about the best casinos that offer no deposit bonus codes for Bitcoins and other cryptocurrencies like Ethereum and Litecoin.
BitStarz Casino: This casino is a part of the huge European iGaming group Pragmatic Play, which recently announced that players are now able to fund their casino accounts using Litecoin.
By using this innovative new payment method, BitStarz has opened doors for Litecoin-ers all over the world to enjoy the many advantages of playing on this highly reputable site.
No longer does a player need to think about the price of Litecoin and how it varies from fiat currencies and other cryptocurrencies, and they can also rest easy knowing that their private data is always under lock and key.
BitStarz itself offers over 600 games, including slots, table games, roulette, blackjack, keno, scratch cards and more, and the option to play them using Litecoin really does open up exciting new doors of opportunity.
Besides using Litecoin, BitStarz takes security very seriously by offering cutting-edge encryption technology so that all personal data received onsite is always protected. Players can also get money out whenever they please, making the withdrawal process as easy and safe as possible.
The games themselves are powered by leading software developers, including NetEnt, Microgaming, Betsoft, Quickfire and Evolution Gaming, so players know that exactly what they see on screen is just how it will look on their mobile devices or PCs.
mBit Casino: It is a Bitcoin casino that has been around since late 2013. It offers instant withdrawals and an extremely simple, hassle-free user interface, which makes the site easy to navigate for those brand new to Bitcoin. The site is optimised for desktop use but is functional on mobile devices.
The site is licensed by the Kahnawake Gaming Commission in Canada. It uses a provably fair system in which each roll of the dice is completely random, and all the numbers are verifiable by players after they have rolled.
The games available include roulette, blackjack, video poker and dice, which is a great variety in terms of casino game selection. If you win, the site will show you how much you have won in Bitcoin before sending the winnings to your wallet, which is a good touch. It also makes it easier for folks who are new to Bitcoin as they can calculate their expected winnings with ease.
What Are the Wagering Requirements?
Most online Bitcoin casinos have a wagering requirement of anywhere from 40 to 50 times the bonus amount before you can withdraw your winnings. Also, most casinos have a set wagering requirement for specific games. For example, slots have a high house edge, and hence the wagering requirements are higher than other games.
Before signing up for a Bitcoin casino, it is advised that you check out their promotions page. The same holds true even if you are already playing with them. Casinos have multiple offers running at any given point in time, so checking out these pages will give you an idea about what is available and what you can benefit from.