A Short Yet Full Guide On Crypto Casino Bonuses

Crypto casino bonuses must help gamblers but still mostly exist to make an enthusiast lose more money. So, casino promotions can be tricky, and knowing another fact is always better than lacking information. This guide is here for you and all gamblers to help them understand all the ins and outs of the bonuses they normally find in their favorite Canadian crypto casino.

What Is an Online Casino Bonus?

A bonus is a reward from an online casino in exchange for completing certain tasks or depositing funds. This reward can be free spins, cashback bonuses, and welcome packages. These bonuses are usually given away to new players as a way to jumpstart their gaming journey, but there can also be smaller regular boosts for less advantageous T&Cs. And just like online casinos jackpots, bonuses can help you win big while investing less.

How Do Casino Bonuses Work?

The answer depends on the type of bonus. Generally, you need to meet certain criteria for a bonus to become available. For example, gamblers may need to deposit or register on the casino website to get free spins.

Once they complete the conditions, they can claim their reward through free spins or other bonuses, which will be added to their account.

Also, some types of bonuses are easy to gain. For instance, you may just need to use a unique Joocasino bonus code.

Types of Crypto Casino Bonuses (Most Common)

Crypto casinos offer a variety of bonuses to players, each with its terms and conditions. Here you can learn the common types of casino bonuses:

Welcome Bonus is offered to new gambling enthusiasts to get them started on the casino site. Welcome bonuses can vary in size and value, depending on your chosen casino.
No Deposit Bonus – A no-deposit bonus is an amount of money given to players without them needing to make a deposit first. The amount usually depends on the casino's policy, and it can usually range from 10-50% of the player's initial deposit.
Reload Bonus – A reload bonus is a reward given to players after they have made deposits. That allows them to receive an extra boost of funds which can be used to keep playing games on the casino site.
Cashback Bonus – A cashback bonus is a type of reward given to players for their loyalty and continued gameplay on the casino site. The bonus is usually given as a percentage of the player's losses, allowing them to get some of their money back after playing games.
Free Spins – Free spins are rewards given in exchange for making deposits or registering at a casino website. This type of bonus allows players to try out different slots without having to spend any of their own money.

What Is Wagering and How to Wager a Bonus?

Wagering is a term used to describe the number of times you need to play through a bonus before it can be withdrawn. Every casino sets its own wagering requirements, and these requirements must be met before the player can withdraw their winnings from the bonus.

The formula for calculating wagering is usually as follows:

(Bonus Amount + Deposit Amount) x Wagering Requirement = Total Wagering

For example, if you receive a €100 bonus with a 50x wagering requirement, then the total amount that needs to be wagered would be €5000.

Conclusion

Crypto casino bonuses can be a great way to get more value out of your gaming experience. However, it is important to understand the terms and conditions that come with each bonus before claiming them. By being aware of these details, you will make 250% out of your crypto casino bonuses.