Bitcoin casino bonuses are identical to conventional casino offers in nearly every way, including the overly complicated jargon, terms, and conditions that casinos use. Fortunately, you do not have to be a lawyer to play at Bitcoin casinos and claim bonuses. We will walk you through everything you need to know about claiming Bitcoin bonuses and understanding those complex terms and conditions with this short guide.
Minimum Deposit Limit
This should be a relatively straightforward term for most Bitcoin players. Of course, if you opt to snap up a no deposit Bitcoin bonus, there will not be a minimum deposit limit. However, for any player who wants to pocket free spins or cash bonuses, there will usually be a minimum deposit limit. In short, this figure is the value your deposit needs to be to claim a promotion offered by the Bitcoin casino.
Maximum Wager, Win and Withdrawal Caps
Maximum wager, win, and withdrawals caps are three commonly found limiting terms in Bitcoin casino bonuses. The maximum win and withdrawal limits are straightforward enough; they tell you how much you are permitted to win with any bonus funds you claim and how much of those winnings you can withdraw before depositing. Maximum wager caps are different. They tell you how much bonus money you can spend on a single spin, a single hand or turn on the roulette wheel. You are free to wager as much of your own money as you like, as these caps are only in place for bonus funds.
Arguably the most well-known of all Bitcoin casino bonus terms and conditions are wagering requirements. These state how many times you are going to have to wager any bonus money received (or any winnings won from free spins) before you can cash out any winnings you have acquired using the bonus. In most cases, we are looking at a fair rate of 20x up to 35x here, but we would not go much further beyond that.
Game and bonus eligibility terms are essential, too. The bonus eligibility terms will tell you which players can claim a Bitcoin casino bonus. Limits may be put on players in specific countries, for instance, or the offer may only be accessible for new players. Similarly, game eligibility terms dictate which games you can spend the bonus on and those you cannot. Live dealer games, for instance, are usually exempt from most basic Bitcoin casino bonuses.
Other Points Worth Noting
There will be other terms and conditions, too, such as expiration dates and the use of promotional bonus codes. However, these are usually explained in crystal clear detail, or further information is available on them on each casino’s FAQs page. You will not usually need to pay much attention to these, but it always helps to read all the terms and conditions of any Bitcoin casino bonus you intend on claiming.