How Do Bitcoin Casinos Work?
Bitcoin casino sites work exactly like regular casinos. BTC is just a currency, and it does not change the way you play the games – you still get to play slots, card games, table games, and even live dealer games. Moreover, you can still take advantage of various casino bonuses, such as free spins and first deposit bonuses.
The only different thing will be the payment method. Such casinos accept BTC, a digital currency, and it can be transferred using a blockchain, unlike all other payment options that use the global banking infrastructure. Other than the currency difference, Bitcoin casinos (for example, BitStarz Casino) and regular online casinos are the same.
Bitcoin Casino Bonuses
There are lots of bonus deals at Bitcoin casinos too. Most of the time, they work exactly like regular casino bonuses. For example, a first deposit bonus will match your BTC deposit with a certain rate and offer Bitcoin to you for free.
Like deposit 1 BTC – get 1 BTC. You can also win bonus BTC for all other deposits, like reload bonuses at regular online casinos. And, of course, there will be free spins bonuses. You can get them simply for becoming a member or making a deposit. You can see the most common bonuses below.
Bitcoin Casino No Deposit Bonus
Bitcoin casinos offer no deposit bonuses before anything else. These work exactly like no deposit bonuses at regular casino sites. In other words:
- You can get these casino free bonuses simply by creating a new account – no deposit is needed.
- The bonus itself will award free spins or bonus money to use on the games. You won’t get BTC free. (To get BTC free, check out the BTC faucet section.)
- Most of the time, you will be asked to use bonus codes (make sure to check our code deals section on a constant basis).
- The bonus (and all possible winnings) is yours to keep, but you will be asked to complete a wagering requirement before withdrawing.
Bitcoin Casino Free Spins
The most common Bitcoin bonus you can find will be the free spins. They can come in many forms. Most of the time, you will get it as a deposit free spins offer. However, a spins deposit bonus may not even require making a deposit. As we mentioned above, it can also be a bitcoin no deposit casino free spins bonus, which can be claimed simply by becoming a member.
In any case, you can be sure of two things: First, free spins will be the most common first deposit bonus. Second, it will be possible to win it simply by registering for a new account without making a deposit. We can also add a third: a free spins bonus will always be useful and give you an advantage.
Bitcoin Casino Bonus Codes
Some no deposit bonus and deposit bonus offers require using codes. A bonus code is a random string of numbers and letters – it is used to activate the promotion. For example, by using the right bonus code, you can get 100 deposit free spins. Or you can use a bonus code during the registration and get a couple of free spins right after becoming a member.
Anyway, bonus codes are useful, and they always give you an advantage. However, they are also dynamic. Each of them can be used for a specific period of time, so you need to keep tracking these codes. We can help you in this regard. We constantly add and update bonus codes (and bonus deals) on our website, so you can always get the best casino deposit offers.
BTC Free: Bitcoin Faucet Bonuses
If we are talking about Bitcoin casinos, we need to talk about faucet bonuses too. Bitcoin faucets are tools on some websites that give you free BTC on a regular basis (usually every 24 hours). Sometimes you need to do a simple thing (like clicking on a link) or fill out a form, but in exchange, you get free Bitcoin – that’s faucet bonuses too.
They are not casino bonus offers. You just get free BTC. However, you can use that BTC to play. Bitcoin faucets don’t give too much, as can be guessed, but even a couple of satoshis will let you start playing at Bitcoin casinos, like BitStarz Casino.
Bitcoin Casino Bonuses Explained
The fact that Bitcoin casino bonus offers work like any other online casino promotion also means that there will be a wagering requirement to complete. Whether it is free spins, first deposit, or deposit free spins bonus, your possible winnings will be transferred to a bonus balance. This applies to BTC free bonuses that offer Bitcoin for free. If you use a match bonus, your first deposit will be matched, but the bonus money itself will be put in a bonus balance, and it will be locked.
In order to unlock it, you still need to complete a wagering requirement. This means wagering a certain amount of money first. For example, if the wagering rate is 20x, and you get 0.25 bonus BTC for your casino first deposit, you need to wager 5 BTC first (20 x 0.25) before withdrawing. In other words, yes, you will win bonus BTC, and there are dozens of bonus deals that offer this opportunity, but you will always be asked to wager a certain amount of money too.
How to Win Real Money with No Deposit Bonuses at Bitcoin Casinos?
So, is it possible to win BTC free with no deposit bonuses at Bitcoin casinos? Is there a way to use no deposit bonuses to your advantage? Well, actually, there is a way. You can win real money with a no deposit bonus and withdraw it to your bank account (or simply use it to play games for real money). However, as always, there are some things to know and rules to follow.
No Deposit Bitcoin Casino Bonus Rules
A casino free bonus works only if you are a new member, and it can be used only once. You will either get free spins or bonus money with a deposit free bonus. You cannot get both at the same time.
If you get free spins, you can use them on pre-selected games. If you get bonus money, you can use it on any game you like. In any case, all possible winnings are yours to keep.
However, in order to use your winnings or withdraw them, you need to complete a wagering requirement – we explained how this works above.
In short, if you follow these rules and complete the wagering, too, you can win real money from a no deposit bonus and withdraw it to your bank account. And if you like what you see, you can make your first deposit and keep winning more bonus BTC offers!
How to Make Bitcoin Casino Deposits
In order to make a deposit at a Bitcoin casino, you need two things:
A digital wallet (which can be downloaded for free);
The blockchain address of the casino (which you can find on the deposit page of the casino).
Making a Bitcoin deposit is like making a wire transfer, but instead of the banking infrastructure, you use a digital (and encrypted) database called the blockchain. By getting a wallet, you will also get an address on this blockchain. It will look like a random string of numbers and letters. The Bitcoin casino also has one, and you can transfer any amount of BTC to this address using your wallet. To learn more, keep reading. We explain how Bitcoin works below.
About Bitcoin: What You Need to Know
Bitcoin is a digital currency that appeared in 2009. Nobody prints it, and no central bank controls it. There are users who are known as miners that create new Bitcoin, and all transfers are made on an encrypted database called a blockchain.
Since the information is encrypted, nobody knows who the sender and receiver are, other than the parties themselves. Each person using this blockchain gets an address, which consists of lots of random numbers and letters. You can think of it as your IBAN number, but it is encrypted and cannot be used to identify you.
Bitcoin casinos are also a part of this blockchain. They have addresses too. While sending money, you use the blockchain address of the casino as the receiver. And while withdrawing Bitcoin, you use your own address as the receiver. In order to get an address, you need to use a digital (and free) wallet. It creates a blockchain address automatically for you.
How to Acquire Bitcoin Safely (and Store It When You Have)
In order to get Bitcoin, you need to purchase it like a product. You can do this at exchange sites. These websites (i.e. Binance) allow you to buy any cryptocurrency you want with your credit card or a bank transfer. So, start by picking an exchange site and create an account.
Buying Some Bitcoin
From the exchange, purchase any amount of Bitcoin you like. Let it rest in your exchange account for now. Until you get a wallet, you cannot transfer it anywhere.
What to Do After You’ve Bought Bitcoin?
- Get a digital wallet. There are lots of wallets you can use – for example; you can start with the official wallets of these exchanges. They are free of charge.
- After getting a wallet, simply open it. It will give you a blockchain address.
- Return back to your exchange account and transfer your BTC to this address.
That’s all. From now on, you can store your BTC in your wallet and use it to deposit/withdraw money to Bitcoin casinos (or anywhere you like).
How to Make Bitcoin Withdrawals: Converting Bitcoins to Cash
Converting Bitcoin into cash (Fiat currency) is actually quite easy. You just reverse the process. Let’s say you made a withdrawal from a Bitcoin casino to your wallet. How can you convert it to traditional money?
You still have an exchange account, and the exchange itself also has a blockchain address. Send any amount of Bitcoin to this address. Sell your Bitcoin at the exchange for any Fiat currency (USD, EUR, etc.) you like. The money will be sent to your exchange account.
And from that account, transfer the money to your credit card or bank account – simple.
Which Bitcoin Games Can I Play with No Deposit Bonuses or Free Spins?
Which games you can play depends on which casino bonus you used. In this regard:
- If you use a casino free spins bonus, you can only use it on slot games (however, only the slots selected by the Bitcoin casino).
- If you use a promotion that gives bonus money, you can use it on any game you like.
- In regard to game variety, there is no difference. Bitcoin casinos still offer you all kinds of casino games, including slots, table games, card games, and even live dealer games.
Bitcoin Casino Bonuses Are the Future
Bitcoin casinos offer dozens of bonus deals (and code deals) every week, and it is our job to find the best ones, including faucet bonuses. We believe that cryptocurrency represents the future of iGaming, and it brings a lot of advantages. You should start using it right now. To help you, we pick the best deposit bonus offers and no deposit bitcoin casino free spins campaigns. You can always find the most advantageous Bitcoin bonus deals on our website.
