Bitcoin Sign Up Bonuses for Betting
Bitcoin is now the main and most popular cryptocurrency for payments on the Internet.
Some online bookmakers have added this payment method to their lists of available payment mechanisms. Moreover, betting sites have even appeared with bitcoin bonuses as the main or even the only, invitation bonus offer.
What are Bitcoin Betting Bonuses?
The bitcoin bonus in its essence differs from the classic deposit bonuses only in the form of the currency being used to be credited to the client's player account.
If a betting site has a similar welcome offer, it is a real online crypto bookmaker, meaning that everyone involved must have at least a Bitcoin wallet in order to make their first deposit in this cryptocurrency.
List of the Best Bitcoin Offers
Min Deposit: 1 mBTC
Min Odds: 1.6
Wagering: 40 x B
Promo code: -
The maximum deposit bonus that can be claimed is:
for the 1st deposit - 100% bonus up to 1 BTC
for the 2nd deposit - 50% bonus up to 1 BTC
for the 3rd deposit - 100% bonus up to 2 BTC
for the 4th deposit - 50% bonus up to 3 BTC T&Cs apply.
Country Restriction: -
Min Deposit: $20
Min Odds: -
Wagering: 14 x B
Promo code: CRYPTO100
100% 1st Time Crypto Bonus! If you have never made a deposit with Cryptocurrency before, use Promo Code CRYPTO100 on your first-ever deposit using either Bitcoin, Bitcoin Cash, Cardano, Chainlink, Dogecoin, Ethereum, Litecoin, Ripple, Stellar, Tether, and USD Coin, to earn a 100% Bonus. T&Cs apply.
Offer is Available for: United States and Canada.
100% Bonus $300 (₿)
Min Deposit: $100
Min Odds: -
Wagering: 30 x (D+B)
Promo code: -
Get a 100% cash bonus, up to $300, on your first deposit using Bitcoin or any cryptocurrency. All bonuses are optional. If you do not want to comply with any rollover requirement, simply deposit without selecting a bonus option in the cashier. This offer is only for new accounts making their first-ever deposit. The bonus must be claimed through the Cashier at the time of deposit. Valid for Bitcoin or any cryptocurrency deposits only ($100 minimum deposit required). T&Cs apply.
Offer is Available for: USA and Canada.
Why are Bitcoin bonuses not popular?
Cryptocurrencies are, albeit a convenient, but relatively young system of settlements and payments, and the rules governing their usage are constantly undergoing changes in the legislations of different countries. The overall global attitude towards them still ranges from complete prohibition in some countries to a completely loyal attitude by state authorities.
All this adversely affects the implementation of cryptocurrencies in online betting.
Sharp jumps in Bitcoin rates in relation to the classic dollar and euro currencies also contribute to their low popularity.
The Betting Bonuses in bitcoins are also subject to these jumps in cryptocurrency rates and a player, having made the first bitcoin deposit, for example, in the equivalent of $1,000, may in a few hours lose a significant part of their real money due to a fall in the exchange rate and may instead of having $1,000 in their player account, may end up with for example $900.
Just the simple presence of cryptocurrency in a gaming account already carries risks of profit/loss for the amount of real money in it.
Nevertheless, welcome offers in bitcoins exist on some betting sites and they remain in demand among a certain category of bettors.