As several industries continue to embrace cryptocurrency, the gambling industry is jumping on the bandwagon full force. The emergence of online casinos offering popular Bitcoin betting games like blackjack, slots, and Plinko were the gambling industry’s first major approach to adopting blockchain technology.
Now, the sports vertical of online gambling has introduced a Bitcoin sports welcome bonus as a way to encourage the adoption of virtual currencies.
What is a Welcome Bonus?
Usually, an online casino provides rewards to new players who sign up as bitcoin betting members. These rewards are termed “welcome bonuses” and serve as incentives for people to join these casinos.
In physical casinos, players are usually given free drinks, meals or plays as a welcome bonus. Online casinos, on the other hand, offer loyalty points that can be redeemed for money or a monetary wallet balance on the site. They also offer free plays, chips, and tickets.
Some Bitcoin games casinos make their bonuses redeemable only after players have accumulated loyalty points or cash rewards up to a certain amount. This ensures that they continue to use the site for a long time.
Which Casinos Have the Top Bitcoin Welcome Bonuses?
While several casinos offer these Bitcoin incentives, some have better packages than others. To outdo their competition, they continue to modify their rewards systems to attract their potential Bitcoin casino players. So far, these are the casinos with the top Bitcoin sports welcome bonus plans:
Banking on its reputation for being one of the safest and highest rated Bitcoin casinos, Bovada casino easily tops the list. They offer a Bitcoin sports welcome bonus worth up to $500 at 50%. Bovada casino welcome bonuses can go as high as 150% for up to $1,500, redeemable up to three times.
A sister company to Bovada, Ignition Casino offers equally great service and an attractive welcome bonus. Users receive as much as a 200% bonus up to $2,000. However, the bonus must meet a minimum requirement of 25 times the minimum wage. While their bonuses cannot be redeemed multiple times like Bovada, this casino offers a 25% reload bonus of up to $1,000 whenever users make a BTC deposit.
Although none of their games are backed by software that verifies fairness, this casino has managed to pull customers and rise to the top of the list. This is because they currently offer the highest Bitcoin sports welcome bonus of any online Bitcoin gambling casino. When users make their first BTC deposit on the site, they are awarded a 100% match bonus up to 5 BTC. However, there’s a caveat: they will only release 0.01 BTC per 800 loyalty points accumulated by the user by betting in the casino or sportsbook.
This casino also offers one of the best Bitcoin welcome bonuses, especially for amateur players. Even without making a deposit, players who sign up are given 20 free spins. But the casino offers a 100% match up to 1 BTC along with 180 free spins broken into 20 daily spins for 9 days. A second deposit awards users a 50% match up to 1 BTC, a third awards a 50% match up to 2 BTC and a fourth offers a 100% match up to 1 BTC. All bonuses and spin rewards must be wagered a minimum of 40 times before they can be withdrawn.
This platform provides a host of betting options including a live casino and eSports. They offer welcome bonuses of 100% up to $1,000, that must be wagered 14 times before they can be withdrawn. Their sports section offers a 50% match up to $2,500, awarded in free bets. They also provide up to $1,000 worth of free plays as a lifetime reload bonus and a $5,000 freeroll poker tournament for new users.
This platform offers a bonus of 110% up to 1 BTC on the first deposit, 50% up to 1 BTC on the second and 25% up to the same amount on the third. Free spins and other bonuses can also be acquired as players continue to use the site, but they can’t be redeemed until they’ve been wagered 40 times.
Unlike most other platforms, this one allows players to choose their own welcome bonus. The first deposit can attract bonuses as high as 100% up to 2 BTC while the second and third deposits feature a 50% bonus up to 1 BTC.
Like most of the others, Betchain offers 100% welcome bonus up to 1 BTC along with 50 free spins every Friday. They also offer a high roller bonus of 75% up to 3.75 BTC on the first deposit of 2BTC and 50% bonus up to 0.5 BTC on the second deposit.
This platform offers a 100% sports welcome bonus up to 1 BTC on the first deposit and a 50% bonus up to 1 BTC on the second. The offer can be used five times each day but every bonus carries a minimum wager requirement of 30 times before it is eligible for withdrawal.
A Bitcoin sports welcome bonus serves as a form of encouragement to members of the online Bitcoin gambling community who haven’t invested in cryptocurrency, as well as seasoned investors. This pushes for further adoption of digital currencies as time goes on and makes the online gambling process more efficient.