Crypto betting bonuses are one of the main attractions of the industry. They can be extremely valuable, but also come in a variety of different forms. While I am not a big fan of bonuses, my priority was always to get the highest amount of value out of them over time. Because this is crypto, I had to do it with free money basically.
A couple of months ago I started betting on various sports and esports events doing my best to take advantage of every bonus that has ever been available. The results of this experiment are now in and I want to share my experience with you.
I will talk about sportsbook bonuses, poker bonuses, casino welcome packages, free spins on slots, and cashback offers. For every type of bonus, I will list the most popular ones from a variety of esportsbooks and online casinos based on what I could find.
There are all sorts of different sportsbook bonuses available on the best crypto betting sites such as N1 Bet odds, but the most common ones are deposit bonuses, free bets, and risk-free bets.
Deposit bonuses are usually a percentage of your deposit amount, for example, a 100% bonus would mean that you get double the amount you deposited. Free bets are exactly what they sound like – free bets that you can use on any bet you like. Risk-free bets are also pretty self-explanatory; if your first bet loses, you get your money back. Let’s look into them in more detail.
1) Deposit Bonuses
Deposit bonuses are the most common type of crypto betting bonus. These rewards are offered to punters who make a deposit into their accounts. The size of the bonus varies from site to site, but it is usually a percentage of the deposit amount. For example, a site might offer a 100% bonus on deposits up to $100. This means that the bettor would receive a total of $100 on their sportsbook account after depositing.
A deposit bonus can increase your bankroll if you are careful how you use it. For example, let’s say that I have deposited $200 into my account. The site offers their punters 100% bonuses on deposits up to $100, so I receive an additional $100. I now have $300 to bet with, but I should only wager what I would have wagered if there were no bonus involved.
This means that if the rollover requirement is 10x, then my entire bankroll must be wagered 10 times before any winnings can be withdrawn. It might sound like a lot of work, but the extra funds can help you make better bets, which will increase your chances of winning.
Another thing to keep in mind is that these types of bonuses are usually time-sensitive. Some online sportsbooks offer them for a limited time after registration, while others might give punters 7 days or 30 days to clear it before it expires. Once it does, the rollover requirement will return to normal.
2) Free Bets
Free bets are one of the most attractive crypto betting bonuses because they allow you to place a wager without any risk. In order to claim a free bet, you must first meet the wagering requirements of the offer. Once you have done so, you can then use the free bet to place a wager on any market that you choose.
The downside to free bets is that the odds are usually lower than what you would find elsewhere. This is because the sportsbook is giving you the chance to place a wager without any risk, so they are not as interested in making money from the bet.
3) Risk-Free Bets
Risk-free bets are similar to free bets, but with an important difference: you can actually win money. This type of offer usually pays out if your bet loses, but some sportsbooks will pay the free bet amount even if your wager wins.
The risk-free bets are one of the best crypto betting bonuses because they reward you for taking action on a market that you might not otherwise have done. If you place a wager using a risk-free bet, then the only thing that you stand to lose is the wager itself.
There are all sorts of different casino bonuses available, but the most common ones are no deposit bonuses and free spins. No deposit bonuses mean that you get a certain amount of money to play with for free, even if you don’t make a deposit, these can sometimes require wagering before they become active though. Free Spins work in the same way as no deposit bonuses but instead allow you to play certain games before you deposit. So if it’s free spins, no deposit bonuses or any other type of bonus that you’re looking to take advantage of then make sure you do your research and find the best deals to ensure that you get the most out of them.
Crypto betting bonuses are really common nowadays, and most of the big bookmakers offer them. The most common type is a deposit bonus, where you get a percentage of your deposit amount in free bets. However, other types of bonuses are becoming more popular, such as risk-free bets and no deposit bonuses. Plus, you can benefit from a welcome package, consisting of a crypto deposit bonus + free spins. So if you’re looking for a good deal on a crypto betting bonus then make sure you do your research and find the best deal for you.
If you are looking for a cryptocurrency betting bonus, here are the most frequent types of them that will be offered to you. Keep in mind that all these bonuses have one thing in common – they can turn into your advantage by increasing your bankroll. This means that if you want to bet on cryptocurrencies with real money, make sure to check if there are any crypto betting bonuses available.
In case you want to learn more about these types of bonuses, make sure to read the in-depth guidelines on each of them. Each article will explain what a cryptocurrency is and how it works, plus they will give you some useful tips on getting the most out of your free coins.