Updated: January 3, 2023

Best Bitcoin Welcome Bonuses: Our 2023 Guide

Crypto casinos are like gambling 2.0 – they’re fast-paced, they have better house edges, and the transactions are quick and cheap. No wonder they’re getting so popular! 

But, if you’re a crypto casino “transfer” from traditional online casinos, you might be wondering: 

Where are all the welcome bonuses? 

First, the bad news. The gambling industry is definitely phasing out traditional first deposit bonuses, and crypto casinos are no different. Instead of incentivizing new players alone, gambling sites now prefer to reward regulars with VIP schemes, daily challenges, and community bonuses. 

The good news is that there are still some fantastic signup bonuses available; they just might be a little harder to find.

In this guide, we’ll show you where to find the best Bitcoin casino welcome bonus of 2023. We will go through our favorite providers and tell you all about their new user offers – plus, explain how to pick out an offer that is actually worth your time.

Let’s jump straight in:

Bitcoin casinos offer two main types of signup bonuses – matched deposit offers and free spins or no-deposit bonuses. In this guide, we will focus on the former – i.e., bonuses that match your first deposit, but we have still included one no-deposit bonus provider. 

(Psst! If you want to learn more about no deposit bonuses, check out our Bitcoin no deposit bonus guide.)

Before we dive in deeper, here is a quick list of our favorite welcome bonus casinos: 

And the honorable mentions: 

Now, let’s break down each BTC casino bonus in more detail. 

Cloudbet homepage

Cloudbet is one of the most popular Bitcoin casinos out there, and it’s not hard to see why. The provider offers an impressive welcome bonus of up to 5 BTC (or equivalent in other currencies) for new players. 

To claim the full amount, all you need to do is sign up and deposit some money. The minimum deposit depends on the crypto, but it’s very low for all currencies – for example, you can deposit as little as 0.001 BTC or 0.01 ETH!

But what about wagering? 

To unlock the welcome bonus, you need to collect Welcome Bonus points. You do that by playing crypto casino games and the amount is calculated through this formula: 

Welcome Bonus Points = Converted Stake x 0.008 x (100-RTP)

For every 150 points you earn you get an increment of the total bonus. How long do you have to do this? Cloudbet gives you 60 days to earn welcome bonus points and convert them into cash

Not bad, huh? 

And if you’re worried that you might not be able to unlock the full bonus, don’t be – two months is actually a very impressive welcome bonus time frame. 

bets.io homepage

Bets.io is a relatively new entrant to the crypto casino scene (they’ve only been around since 2021), but it has still stuck to the traditional deposit match welcome scheme. 

The casino will match your first deposit by 100% up to 1 BTC (or equivalent in other currencies). The minimum deposit depends on the cryptocurrency network – in other words, Bets.io doesn’t set its own casino limits on deposits. 

To unlock the bonus money, you need to wager it 40x in casino games and you have two weeks to do that. Both of those numbers are fairly standard in the industry, but the two-week time frame is a little shorter than our top choice Cloudbet’s 60 days. 

Still, it’s not impossible to reach the wagering requirement in that time, especially if you’re a high roller.

TrueFlip Homepage Screenshot

Last but not least, True Flip offers a no deposit welcome bonus.

All you have to do to get the Citizen ID bonus is verify your account.

Ta-daa! Ready, now you have 30 free spins on a slot machine of their choice. Right now, it’s the funky The Dog House Megaways by Pragmatic Play, but they often switch it up, encouraging people to try different things. 

The wagering requirements are tiny, too, and if you manage to complete them, you get to keep whatever you win! 

While these casinos didn’t rank among our top three, they’re still high-quality and deserve a shoutout:

Rocketpot – Up to 1 BTC Welcome Bonus 

Rocketpot is a great choice if you’re looking for a deposit match welcome bonus. The casino will match your first deposit by 100% up to 1 BTC (or equivalent in other accepted cryptos). 

There is a major catch here, however: 

The Rocketpot casino bonus comes with a whopping 100x wagering requirement

This means you will have to play through 100 times your bonus, before you ever get a chance to withdraw it! Limitations like these aren’t uncommon but 100x is way too high for this offer to be worth your time

Still, Rocketpot does offer some sweet benefits to regulars and it’s also one of the fastest-growing, most crypto-forward casinos out there. If only their wagering were better…

BC.Game – Time-Sensitive Welcome Bonuses

It’s no secret that we love BC.Game here at Casinos Blockchain. It is our top-rated casino overall!

With 5000+ slots, a range of provably fair game options, plus all the tables and live games you can wish for, it’s hardly a surprise we favor BC.Game. But, what really seals the deal for us is how they keep coming up with new and cool features – recently, BC.Game became one of the first casinos to accept NFTs

Still, NFT casino adventures aside, BC.Game is somewhat lackluster in terms of traditional casino bonuses. They do offer deposit matches – but only occasionally!

Yup, you read that right:

When these promotions pop up, they last quite a while and the rollover requirements are good. 

Downside? The welcome deposit offer isn’t always out there

Plus side? BC.Game still has a very comprehensive range of promotions. You get a free wheel spin every day, which could land you on a 5 BTC prize (yes, completely free!) and there are a bunch of loyalty and community-related perks, too. 

And, BC.Game is one of the casinos with the lowest house edges available (under 1% for some games), so you might not even need a bonus to get the most bang for your buck.

Now that we covered the best welcome bonuses in crypto casinos, let’s go back to the original breakdown: 

  • What are casino bonuses?
  • What kinds of perks can you get?
  • How do you pick a bonus that is worth it? 

Casino bonuses are (in theory) free money or (really) extra credits that a casino gives you for playing at their site. The most common type of bonus is a deposit match, where the casino will match the amount of money you deposit into your account, up to a certain amount. Other common bonuses include free spins, cash back, and reload bonuses.

Welcome Bonuses Vs Other Casino Bonuses

Whenever we talk about a welcome bonus, that’s a casino bonus you get as a new player. It could be a deposit match on your first deposit (or first few deposit), but you could also get free spins – which is what sites like True Flip offer. What do all welcome bonuses have in common? They incentivize new gamblers to try out the casino

This is all great, of course, but some sites have been moving away from this model. Crypto casinos like BC.Game and Stake have increasingly chosen to invest in their existing community through promos like social challenges, reload bonuses, and VIP programs, rather than attract new players with big welcome bonuses. 

In fact, our favorite casino out of all (BC.Game) doesn’t offer regular new player bonuses at all. We appreciate that that’s a con, but the rest of the promos more than makeup for it. And, as we mentioned in the previous section, BC.Game also has extremely low house edges. This means your return will still be great and you’ll make more bang for your buck – no bonuses needed.

What Makes a Good Casino Welcome Bonus?

First off, a good casino bonus is a casino bonus that works for you and your play style. Reload bonuses and cashback are better for some gamblers, while others prefer a one-time deposit match bonus. There is no right or wrong answer here. 

However, when choosing a welcome bonus, there is one thing to remember

Wagering Requirements

Wagering requirements are the number of times you have to bet the money you deposit (or the money the casino gives you in bonus funds) before you can withdraw it

For example, if a casino offers a 100% deposit match up to 1 BTC with a 40x wagering requirement, that means you’ll have to bet a total of 40 BTC before you can withdraw your bonus. Note that this is not money lost – it’s just the total value of your bets

Wagering requirements are industry standard, but some casinos have been known to sneak in absurdly high ones (we’re looking at you, Rocketpot). 

As a general rule of thumb, 40x and under is considered a fair wagering requirement, while anything over 60x is too high. 

Final Thoughts

There you have it! These are the best welcome bonuses in the industry, plus a comprehensive guide to casino bonuses and what makes (some of them) worth your time. 

We hope this was helpful and that you found the perfect bonus for your needs. If not, don’t worry – there are plenty of other great casinos out there with different promos.

Check out our no deposit casino bonus page too – it has a bunch of other casinos we highly recommend (for their juicy bonuses, of course). 

Have fun, and good luck!