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 Casino Welcome Bonus: Overview
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 – Up to 5 BTC Welcome Bonus
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 – Up to 1 BTC Welcome Bonus
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.
True Flip: Free Spins for Everyone!
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!
Best Bitcoin Welcome Bonus: Honorable Mentions
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:
Once in a blue moon, BC.Game offers a neat 100 or even 110% deposit match for new players.
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.
Welcome Bonuses in Crypto Casinos: What, How, Why?
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.
Just because a casino doesn’t offer a welcome bonus, it doesn’t mean it’s not worth your time – it just means that they focus on other areas.
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 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.
Some casinos call wagering requirements “rollover” or “playthrough” in their Terms & Conditions.
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.
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!
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DAO.Casino was formed by a software development team, based in Russia, who is looking to reap the well-known benefits of blockchain technology to implement them on the online gambling industry. Their main goal is to tackle big industry issues like lack of transparency and need for third party involvements to ensure quality. To help build on this, technologies like Ethereum’s Swarm or the IPFS […]
January 16, 2023Interview with FunFair’s CEO Jez San
FunFair is without a doubt spearheading the movement of blockchain technology within the online casino business. The alliance between these two concepts is one that we have covered extensively. Since FunFair is built on the ETH blockchain, it joins the ranks of our Ethereum casinos selection, but it also fits within our general love for […]
January 6, 2021Interview with Edgeless Co-Founder Tomas Draksas
Edgeless is a blockchain based project whose goal is to offer players the chance to play on a decentralized casinos. The platform currently offers 2 fully working products: Dice and Blackjack. In order to play users have to use their native token EDG which is an Ethereum-based token (ERC20 more specifically). They are only in the […]
September 1, 2021Blockchain Technical Committee by GSA (UK)
Earlier this year the GSA – Gaming Standard’s Association – formed the Blockchain Technical Comitee. This is interpreted as a major hint that the GSA will be looking to integrate the technology behind cryptocurrencies onto the online gambling industry. How the committee plans to execute this is still unclear at this point. A meeting organized by […]
March 10, 2021Bitcasino pioneers Fiat-to-Bitcoin conversion
Big news for every casino enthusiast out there. Bitcasino.io is providing their users with the ability to directly convert fiat money (Euro or Dollar) into Bitcoin. This is the first time an online casino has implemented this kind of conversion service that eliminates the need of going through an exchange. This has been made possible through a […]
June 23, 2020FunFair will revamp licenses for Blockchain gaming
Funfair technology looking for licenses by regulators As we all know by now, everything related to online gambling is ripe for disruption and improvement, specially with the emergence of blockchain technology. Many projects know this and are trying to setup their “start-up” in the business using the technology behind cryptocurrencies like Bitcoin to take advantage […]
January 3, 2023Would Gambling Tokens Benefit More from Bitcoin Cash?
As we’ve previously covered, gambling is to blockchain what fish is to water. The advantages of bringing these two together are plenty and clear to see. However, due to the incipient nature of the technology, there are still some hurdles to overcome in order to make blockchain and cryptocurrencies the perfect environment for gambling, including sports betting, […]
January 3, 2023Overwhelming blockchain casino club to raise $1 billion in Macau
Macau, known as one of the world’s top destinations for gambling, is about to further raise its game as an international company is working on a billion-dollar ICO to build the world’s first ever blockchain-based casino gaming club in the island. Wide Rich Global Company, an investment venture based on Malta (yet another blockchain-friendly island), announced their […]
February 7, 2023Provably Fair Casinos – What Is It? Does It Really Work?
Provably fair casinos have revolutionized online gambling. The concept removes even the possibility of a rigged result. With provably fair games, you can verify the authenticity of each bet you place. This means the casino can’t manipulate the outcome – either by design, or because the result is verifiable. Provably fair games are available on […]
January 3, 2023Isle of Man reaffirms its leadership by launching new blockchain office and sandbox
The Isle of Man, a jurisdiction with one the world’s most advanced legal frameworks for cryptocurrency and iGaming, is launching a new Blockchain Office and regulatory sandbox to cater to the relinquished billionaire blockchain market. As reported by FSTech, the office will be dedicated to facilitating communication between regulators and companies in the sector, enabling the industry to flourish in […]
March 10, 2021Fishing Master – TRON Gambling Dapp Review
Fishing Master is a blockchain gambling game, and in fact, one of the most popular DApps – decentralized applications – on the Tron platform overall, with an average of 2.3k daily users as of February 2019, according to DappRadar. Its simple gameplay is based on casting a fishing rod in order to receive a random amount […]
March 10, 2021Malta Blockchain Summit 2018
Malta has cemented itself as the “Blockchain Island” by now given its very friendly approach toward blockchain related businesses. Binance and OKEx are major players in the game who have announced their relocation to Malta. To capitalize on this momentum, Malta’s Blockchain Summit is set to take place on 1-2 November on St. Julian’s InterContinental […]