A Welcome Bonus is the tool of choice for online casinos seeking to get new players on board. Often provided in the form of a matched deposit bonus, these offers are designed to encourage you to make a big deposit and to spend a long time playing the casino’s games and familiarising yourself with its features.
Generally, a welcome bonus will be listed like this: 100% Bonus up to 2 BTC. This means that your first deposit will be boosted by 100% to a maximum of 2 BTCs. For instance, if you deposit 1 BTC, you will get 1 BTC in additional bonus credits for a total of 2 BTCs. If you deposit 3 BTCs, you should get an additional 3 BTCs as per the 200% offer, but because that would take you over the 2 BTC limit, your return will be capped at 2 BTC.
Welcome Bonuses may also include free spins and other extras, but these are minor when compared to the matched deposit bonus.
One of the ways that Bitcoin casinos differ to fiat currency casinos is that the bonus money isn’t always released straightaway. In many instances, it’s released steadily as you play, incentivizing you to keep spinning reels.
This way, you can’t simply take the money and run. Alternatively, when bonuses are released all at once, you will be asked to meet demanding wagering requirements, whereby you have to wager your money many times over before it can be withdrawn as cash.