Betcoin – 43% up to 3 BTC

 3. Betcoin – 43% up to 3 BTC

Betcoin also split their large welcome bonus offer into three deposits like TrustDice, first 100% up to 1 BTC, followed by 50%, then 25%.

So you need to deposit in total 7 Bitcoin across three deposits, to have a chance to earn the maximum 3 BTC bonus. The wagering requirement is slightly worse, 50x. One advantage though is that on Betcoin you have 30 days to clear the bonuses, rather than 3 weeks.

Table games don’t qualify towards the bonus clearing requirements, only Slots.

Betcoin have a VIP program where the highest level of ‘Master’ can earn 33% cashback on losses, and 0.35% on casino wagers.

Another appeal is that Betcoin is also a sportsbook, so you can also place bets on sports and earn separate bonuses in BTC for sportsbetting.

Pros

Deposit bonus can be withdrawn once unlocked

Profits made with the bonus can be withdrawn

Split over instalments of three deposits

30 days to clear bonus

Cons

Low matching percentage

50x wagering requirement

Only Slots games qualify towards bonus

Claim Bonus

Bitcoin Casino Bonus Review Criteria

As seen above Bitcoin casinos can have very varied bonus terms – wagering requirements or ‘rollover’ can vary from 30x – 100x and even higher in table games with a low house edge.

Our main criteria for recommending a Bitcoin casino bonus is that it can be fairly won and withdrawn, eventually. We don’t recommend Fortune Jack for its deposit bonus deal as you can only begin to clear it if you lose your initial deposit. We do recommend it however for other reasons, such as its separate no-deposit bonus deal.

Bspin is another we didn’t include in the top 3 list as players are required to gamble with the bonus funds, for their wagers to count towards bonus clearing. Which would result in the value of the bonus being depleted by the time it’s cleared. We do note however that they have a lower than average rollover of 35x, making it faster to clear.

It’s rare to find a welcome bonus that offers extremely good value to the player, usually those promotions are reserved for VIPs who’ve been with a casino for some time. Choosing a Bitcoin casino with a tiered loyalty program can be more profitable long-term.

Bitcoin casino bonuses often come with tricky conditions and lots of small print – for our ranking we factor in the free Bitcoin faucet and 20% cashback on TrustDice, as any form of free money is effectively the same as a bonus.

Before choosing a Bitcoin casino also check the other review pages by our iGaming experts at InsideBitcoins, including details of which casinos have no-deposit bonuses, reload bonuses, free spins, live dealers, tournaments, etc. – the other promotions sites offer are just as important as the signup bonus.

No Deposit Bonuses

These can take the form of e.g. a $25 free bet, which you receive simply for signing up and entering your email address.

You’re then free to withdraw any profits you make from the bet, subject to some low wagering requirement.

Reload Bonuses

Usually for VIP players, these are extra bonuses on top of the first-time deposit bonus, some sites such as MyBookie offer reload bonuses every weekend.

The matching percentage and size tend to be lower than the welcome bonus but are a nice incentive for regular players to keep coming back to the site.

Free Spins

Many Bitcoin casino sites offer free spins, either as part of the deposit bonus, or without depositing.

Players can use these to test out the site and get a feel for the games, and keep any profits they make, subject to a low wagering requirement, or committing to a real-money deposit.

Bspin.io deposit bonus + free spins

Wagering Requirements

As an example, player A deposits $500 worth of Bitcoin onto TrustDice and player B deposits the same on Rocketpot.

Player A has 7 days to wager $2000 worth of BTC to earn the bonus

Player B has no time limit to wager $50,000 in BTC to earn the bonus

On Bspin they’d have 30 days to wager $17,500 in BTC, only using the bonus funds

This variation shows how important it is to check the terms and conditions before choosing a Bitcoin casino bonus – wagering requirements, aka ‘rollover’ vary highly from site to site.

Some Bitcoin casinos have live chat support that you can ask questions to 24/7, others have email support.

Withdrawal Requirements

The minimum withdrawal requirements also vary from site to site, and can usually be found on their FAQ page.

TrustDice – 0.001 BTC

Rocketpot – 0.002 BTC

Betcoin – 0.0005 BTC

Also factor in the Bitcoin network fee.

Bitcoin withdrawals are usually instant or can take 1-2 hours at periods of high network congestion, or if a Bitcoin casino site needs to review your cashout request for security reasons.

Choosing the Right Bitcoin Casino Bonus

It’s important to choose the best Bitcoin casino bonus for your budget and play style to give yourself as much of an edge over the house as possible, and enough time to clear it. Choose your deposit size wisely.

Unlike Bitcoin poker sites, deposit bonuses on Bitcoin casino sites don’t get released in very small increments as you play, which are yours to keep even if the bonus expires before you finish unlocking the whole amount. It’s all or nothing – clear 100% of your bonus before expiry or lose it all.

Work out how much time you can put in to gamble each day, and decide the bet size you’ll be comfortable with making. Then check that’s equal to or less than any maximum bonus size the casino sets during the bonus clearing period.

Multiply the number of spins / hands you’ll be able to play over the bonus clearing time limit by that bet size, to work out if you can meet the wagering requirement. If not, deposit less.

If you prefer to bet small amounts or don’t enjoy Slots, just start with a minimum deposit or use a no deposit bonus.

Bitcoin Casino Bonus Codes

Also note if you need to use any promo codes to activate your welcome bonus, or if you need to click an ‘activate’ button or inform support you want to opt-in.

Usually Bitcoin casino bonus codes are only needed when a casino offers several different types and sizes of bonus, or alongside a no-deposit bonus option, and requires you to enter a bonus code to specify which offer you’d like to take advantage of.

Time-specific reload bonuses also sometimes have codes, as an incentive for players to check the casino’s website or social media regularly to find out the latest deals.

Is Gambling in the US Legal?

It’s legal for you as an individual US resident to make online bets – citizens are not prosecuted for this. The current administration has signaled that they will allow states to do as they see fit.

Online casino sites in particular are tolerated, much more so than e.g. online poker sites, although those are also allowed when ringfenced to certain states. The DOJ maintains that the Wire Act makes online sportsbetting illegal, although many sportsbooks still operate with no issues.

All the Bitcoin casinos InsideBitcoins reviews are in full compliance with current laws and have a provably fair, independently audited RNG.

Responsible Gambling

If you think you’re showing signs of addiction you can seek professional and confidential help from BeGambleAware.org, they run a freephone 24-7 national gambling helpline and live chat support.

Read more about how a gambling problem can be identified for casino gaming on our helpful guide.

Taxation

Winnings from casino sites, lotteries, horse racing, sweepstakes and all forms of gambling are taxable by the IRS. Keep a record of your wins and losses as the latter are deductible when filing taxes but only up to the amount offset by your winnings.

If you win money in a legally operated game of chance, the usual US tax rate is 24%.

Summary

The best Bitcoin casino bonus for you depends on your:

Budget – can you afford to deposit up to 1 BTC and wait until the bonus is cleared before needing to withdraw?

Free time – can you invest enough hours per day over 30 days to clear the bonus?

Risk tolerance – are you prepared to bet enough to meet the wagering requirement?

Knowledge – do you know the rollover on your Bitcoin casino, and the RTP in your games of choice?

For a low-risk option with no time limit, we recommend Rocketpot. For high stakes players looking for a large bonus size, we recommend TrustDice.

TrustDice - Best Bitcoin Casino Bonus

Up to 3 BTC in unlockable bonus cash

Paid in three instalments

Free Bitcoin faucet, free spins

Satoshi club loyalty program - 20% cashback

Available in UK

Wagering requirement: 40x FAQs What is a Bitcoin casino bonus?

An incentive for you to deposit and play for a fixed period of time, rewarding you with cash for meeting certain playthrough requirements.

What type of bonuses are most popular at Bitcoin casinos?

The most common are 100% matching welcome bonuses with some free spins. Large no deposit bonuses are rare.

How can I claim a Bitcoin casino welcome bonus?

A bonus is automatically credited to your account just for depositing, no promo code is required unless otherwise specified.

What type of Bitcoin casino welcome bonus is right for me?

One of a size that you confidently wager 50x the size of over the course of a few weeks, to ensure it's cleared in time.

Where can I learn more about wagering requirements when claiming a bonus at a Bitcoin casino?

Browse online review sites such as InsideBitcoins and check the terms and conditions and FAQ pages on the casino's website.

What are the best Bitcoin casinos for welcome bonuses?

We recommend TrustDice for a large bonus for players willing to play a lot, and Rocketpot for casual players.

Which Bitcoin casino bonus should I choose?

It varies depending on your play style, budget, time preference, and expectations. Committed players can try TrustDice, and recreational players may prefer Rocketpot