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Like regular online casinos, sites that allow you to gamble using cryptocurrencies aim to attract new players with attractive offers and sign-up bonuses.
While that sounds good on its own, it’s worth learning a little more about what these deals involve, how they work, and if there are any caveats to keep in mind before taking the plunge.
Why bonuses are offered in the first place
Interest in blockchain-based gambling has grown rapidly over the last few years, just as the crypto market has grown.
Mainstream adoption brings a lot of competition. This of course means that crypto casinos need to do something to differentiate themselves from their rivals.
Bonuses are a way of doing that, and a way of rewarding players for picking a betting spot in their spare time.
How the bonus works
The most common crypto casino bonuses are deposit matching offers. This means that even if you deposit much of the currency you chose when creating your account, the site will give you credit equivalent to what you put in, whether it’s Bitcoin or any other supported token. It means that you reciprocate by adding them to your account.
There is usually an upper bound for this, for obvious reasons. However, many deposit matching schemes are very generous. Because casinos are willing to take a beating upfront if it means they can convert new players and keep them loyal.
Other bonuses are game specific. For example, he may offer free spins on certain slots for signing up, or he may get free his bets on certain gambling sportsbook portions of his site.
How to get the best bonuses
The most attractive crypto casino offers are usually available via referral codes. You can unlock bonuses.
These codes are usually short-lived, so always check the expiration date to make sure the offer is still valid.
Things to watch out for
There are some things about crypto casino bonuses that are not immediately obvious to new players.
First, offers are usually only offered if you have never opened an account on a particular site. As previously mentioned, this is to promote cryptocurrency gambling to new prospects, not existing customers.
There are incentives related to loyalty for people who return to use the same site over and over again, so don’t think the rewards are completely out of reach. Compare sites carefully. , is just a case of seeing which sites are generous to old people as well as newcomers.
Secondly, all kinds of online casino bonuses are usually regulated by terms and conditions that control both how they are used and what you must do before you can withdraw to your wallet.
For example, some sites allow bonus credits to be used only on certain games. Wagering requirements are often set, which is the minimum amount that must be wagered before a withdrawal can take effect.
This is all in part to protect your spending on acquiring new players, rather than someone creating an account, receiving a bonus and then immediately walking away with the cash.
final thoughts
Crypto casino bonuses can go a long way if you play your cards right. You have to know what to expect and how to use it.
Disclaimer: The information contained in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not endorse any company or individual information on this page. Readers are encouraged to conduct their own research and act on their own findings and not from anything written in this press release or sponsored post. Thecoinrepublic.com shall not be liable for any damage or loss caused directly or indirectly by the use of any content, products or services mentioned in this press release or sponsored post.
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