Best Bitcoin Casino Bonuses in Canada
You may already be familiar with the amazing world of bonuses in canada like no deposit bonuses, bonus codes, free spins, and Canadian bitcoin casino bonuses in online casinos. Well, they are a major way casinos reward their players for gaming with them. It is also a method of attracting more gamers to their sites. These include the incredibly popular no deposit bonuses available on purely bitcoin casinos in Canada where fiat currencies are not accepted. For quite some time, finding reliable bitcoin casino bonuses was not easy. This was for a variety of reasons but mainly because these types of casinos were not so popular at the time. These days, as the cryptocurrency world grows more popular, valuable, and lucrative, more businesses are looking into using them as a valid form of payment.
€/$20 Min. Deposit | €/$300 or 60mBTC Max. Deposit
€/$20 Min. Deposit | €/$300 or 60mBTC Max. Deposit
€/$20 Min. Deposit | €/$300 or 60mBTC Max. Deposit
€/$20 Min. Deposit | €/$300 or 60mBTC Max. Deposit
(BTC) Bitcoin Casino Bonus
Online casinos who used to rely solely on traditional payments now embrace bitcoins with some casinos even using purely bitcoin for payments. We can truly say that the world of online gambling has come a long way. We decided to make this post to help our readers spot the best deals on bonuses and locate them easily on bitcoin casinos. We’ll be breaking down all you need to know about bitcoin casino bonuses, cashback bonuses, bonus codes, no deposit bonus, and more.
Welcome Bonus
A lot of bonuses fall into this category. Welcome bonuses are kind of like a blanket way to describe a lot of the bonuses on bitcoin casinos. A welcome bonus is given when a new user signs up or registers on a casino. This could either be a no deposit bonus, free spins, bonus codes, or more.
Welcome bonuses are one of the many ways both online casinos and bitcoin casinos draw customers in. They also use it as a means of motivating people to keep playing or betting more money to unlock the bonuses. It is also used to boost their reputation. Keep reading to find out more about welcome bonuses as we break each of them down.
Deposit Bonus
This kind of bonus is given to gamers upon your first few deposits in the bitcoin casino. It is typically divided into subcategories. Each category will have its own unique bonuses and wager requirements in order for them to be unlocked. So for example, your first deposit can have a 100% bonus which you unlock by betting the amount of the bonus multiplied by the number stipulated. So if you are getting a 100% on 50mBTC, with this first deposit bonus you get another 50mBTC. This adds up your total balance to 100mBTC for you to play with. Now if the wager requirements state that you should make bets X a certain amount, you need to do that as well. If it is 30, you would bet 30 x 100mBTC. This means you would bet 300mBTC in that particular casino before you can make withdrawals on your winnings.
So, this is just an example of how deposit bonuses work. You would have to take into account the specific figures for the casino you are gaming with and use the calculations above to understand what you need to do to get them. A few other casinos may set up their deposit bonuses to reward you with loyalty points to be used for both casino games, sports betting, or more.
Free Spins
Another bonus available on online bitcoin casinos is the free spin bonus. These are usually available on slots games. Free spins can either be a bonus on their own or be an accompaniment to some other offer the casino has. Some of the examples of the free spin bonuses are
- Free spins with no deposit bonus
- Free spins gifted to customers via email
- Free spins plus deposits bonus
- Free spins in bonus rounds
Free spins are offered when you first sign up on a site. It helps you learn the ropes of the games without making any monetary commitment. This way you’ll be attracted to keep playing and learning how the game works before depositing when you are more confident.
You get to experience the thrill and entertainment of gaming at no cost. You have full rein to test how the casino works, how games work, and just familiarize yourself with the games.
Cashback Bonus
In the past, most online casinos and even bitcoin casinos tend to focus more on free spins and deposit bonuses. These were the most common forms of bonuses given to both new and returning players. They had done their research and they knew that these were the most scaleable bonus and most likely to impress. These days, however, a new type of bonus has been introduced and that is the cashback bonus. It may not be the most impressive kind of bonus but it can be worth it when used right.
Just as the name implies, a cashback bonus is one when you get rewarded with some of the cash you have lost while gaming.
Bitcoin casinos came up with this form of bonus by thinking of a way players would have some security while gaming. The thought that you could potentially win back some of the money you lost while playing can be enticing and spur you on to keep playing.
In more traditional land-based casinos, this form of bonus is mostly given to only high rollers. It makes them more loyal to that particular casino and keeps coming back even when they are on a bad streak.
Thankfully, with bitcoin casinos, you do not have to wager thousands of dollars to qualify for this bonus. You can be rewarded with a cashback bonus if you are one of the casino’s loyal players. So if you might want to stick to playing at a particular casino for a while if you are interested in becoming eligible for this bonus.
Sometimes, cashback bonuses are given as a combo with another bonus like a welcome bonus or deposit bonus. There are also no wagering requirements on cashback bonuses. The value of cashback bonuses ranges between 20%-30% of your losses. The one thing about this bonus is that it only works when you are on a losing steak. When you are winning, you cannot really benefit from it. However, this shouldn’t bother you too much because you are probably winning more than you would ever get from a cashback bonus.
No Deposit Bonus
Some casinos do not require you to create an account and make a deposit before you receive a bonus. This kind of bonus is known as a “no deposit bonus”. All you need to access such bonuses is sign up with a bitcoin casino and it is yours for the taking. This sounds exciting but we must warn you of an important aspect of these bonuses you can’t afford to skip out on. To get you started, we have also outlined a few of the bitcoin casinos that offer this bonus so you don’t have to go hunting for them yourself.
When you have selected the casino of your choice, it’s time to sign up and get started. We have put down some of the rules guiding the unlocking and use of no deposit bonuses below. Endeavor to read them and also bear them in mind so you don’t get carried away as you play. You must always comply with these rules at whatever casino you choose to play at. They usually differ from casino to casino however, they are tailored to the following requirements.
Maximum limit
With no deposit bonuses, you get some sort of limit on what you can withdraw. This is usually determined by the casino you choose to play with. In some cases, it might be high while in other cases it might be low. It’s all dependent on the particular casino.
Wagering requirement
You cannot simply cash out immediately from your no deposit bonus. Most casinos let you know that you have to pay a certain amount of the no deposit bonus for times xx e.g 30x, or 50x before you proceed to cash out.
Proof of identification
Before you can make a withdrawal on your winnings, you would need to verify your identity. This is usually done to prevent fraudulent withdrawals. You’ll do this on your first withdrawal and after that, there is no need to do it again.
Restricted countries
While these bonuses can be very exciting for people, it isn’t always available. No deposit bonus might not be open for some gamers from certain countries.
Account ban
This is done in cases where a player tries to skip ahead and withdraw. When you attempt to withdraw without fulfilling all the necessary requirements, your account could get banned. You’ll lose any winnings you have already made and also your account.
These bonuses cannot be found that easily. This is because if every casino gave out multiple no deposit bonuses they would lose money. However, it does help players bankroll without facing too much risk.
Reload Bonus
Just as the name suggests, this bonus is made available to players when they reload their wallets. This means the bitcoin casino can give you a high as a 50% bonus on the amount you deposit. This is not a permanent bonus however and comes once in a while. You may have to keep checking back at your favorite bitcoin casino every day to see whether they have reload bonuses available. Sometimes the casino will also send you an email notification when reload bonuses are on offer.
Faucet Bonus
A few sites offer a special kind of bonus called a faucet bonus. These are a reward system bitcoin casinos use to give back to players who do things for them. So you could go to a faucet site and complete a task that would fulfill a purpose for the owner of the site. When you are done and it is deemed satisfactory, you will be rewarded with some funds in cryptocurrencies.
Faucet bonuses are also used to draw more players to a site. You would surely be drawn to a site where you know you would be making a lot of money by completing simple tasks. It also works by making the thrill of gambling more fun and engaging
Bonus Codes
Some bitcoin casinos offer bonus codes to their players. These bonus codes are usually distributed through emails or as a notification when you log on to the site. It rewards loyal players and can also be given randomly to gamers on the site. When you input the bonus code before you make a deposit, you could be rewarded by the casino either giving you a 100%-150% bonus on the amount you deposit into your wallet.
Quick Summary
Bonuses have long been a way of showing customers that you care about them and not just profits alone. Reward system and bonuses are also used in other industries and have proven to be quite effective in maintaining customer relationships.
They are also subject to some requirements before you can fully have access to them. This may seem annoying but it is only the casino doing its due diligence. These limitations and requirements are in place so that players do not play with only their bonuses and leave the site. They would need to make some deposits of their own to fully unlock the bonus which makes a win-win situation for both the casino and the players. The casino will not lose money and you get some free money in return!
Bonus wagering is used to clear your bonuses so you can boost your bankroll freely. Before you get too excited about a bonus, examine the requirements and limitations. This way you will not get your hopes up for anything. You can just go ahead and play with only your deposit balance.
Most bitcoin casinos set their wagers at 35-40 X the bonus amount before it can be withdrawn. It could also be higher or lower, it all depends on the particular casino.
Remember that bonuses do not last forever and they expire after some days. Most bitcoin bonuses tend to expire after 30 days. So do not sit on any bonuses when you receive them. Do your best to use them all up before they expire and you lose them forever.
Conclusion
Bitcoin Bonuses have long been a way of showing customers that you care about them and not just profits alone. Reward system and bonuses are also used in other industries and have proven to be quite effective in maintaining customer relationships.
They are also subject to some requirements before you can fully have access to them. This may seem annoying but it is only the casino doing its due diligence. These limitations and requirements are in place so that players do not play with only their bonuses and leave the site. They would need to make some deposits of their own to fully unlock the bonus which makes a win-win situation for both the casino and the players. The casino will not lose money and you get some free money in return!
Bonus wagering is used to clear your bonuses so you can boost your bankroll freely. Before you get too excited about a bonus, examine the requirements and limitations. This way you will not get your hopes up for anything. You can just go ahead and play with only your deposit balance.
Most bitcoin casinos set their wagers at 35-40 X the bonus amount before it can be withdrawn. It could also be higher or lower, it all depends on the particular casino.
Remember that bonuses do not last forever and they expire after some days. Most bitcoin bonuses tend to expire after 30 days. So do not sit on any bonuses when you receive them. Do your best to use them all up before they expire and you lose them forever.
