What is Crypto Betting Bonuses?
Crypto’s benefits extend far beyond their anonymous payment and transaction features. Crypto and betting also have another important advantage.
That’s the welcome bonuses, promos, and bonus codes found in crypto sportsbooks. As a result of the minimal transaction fees associated with cryptocurrencies, these sites are able to provide generous betting crypto promotions.
A typical welcome bonus would increase your initial deposit by 100% up to $100, whereas a betting crypto bonus deal might increase your initial investment by 100% up to 1 Bitcoin.
The maximum potential is huge, but there is much more to consider than just the amount you can bet with. We uncover all you need to know in the following crypto betting bonus guide.
The Best Crypto Bonus Deals Right Now
Finding the best crypto betting bonus to get you started can feel like a maze. There are many sportsbooks to choose from, so a little help along the way is always going to help.
We have picked out the top crypto bonus deals for new members right now. These come with our B3tcoin “Stamp of Approval”, so you know you can trust the sportsbook and the bonus being offered.
- Hiperwin – €350 + 100 Free Spins
- MyStake – 100% up to €500
- Thunderpick – 100% up to $500
1: Hiperwin Welcome Bonus
All newcomers to the Hiperwin site are able to claim the welcome package. Your first three deposits are boosted with bonus funds, and you also get some free spins to enjoy in the casino as well.
Fair terms come with the Hiperwin bonus, including a minimum $10 deposit (or crypto equivalent), minimum odds of 1.80, and a 10x wagering requirement on the deposit and bonus.
2: MyStake Welcome Bonus
If you are looking to join MyStake, you will be welcomed with a bonus offer on your first deposit. You will need to make a minimum deposit of $20 or more (or the crypto equivalent).
After that, the bonus terms are once again more than reasonable. Wagering requirements are 10x the deposit and bonus, while minimum odds are set to at least 1.40 on a minimum of two events.
3. Thunderpick Sign Up Bonus
At Thunderpick you can choose between two different bonuses. Either you have the hard one where you can get up to $500 with 30x wagering requirement, or the easier one where you can get 5% with only 2x wagering requirement.
How To Claim Bonus Crypto Promotions
Claiming your next bonus crypto deal doesn’t take anything special. You’ll know what to do if you have ever claimed a betting bonus before.
But for any newcomers to the world of crypto betting and bonuses, we’ll outline the basic process. We show you how to get from our latest B3tcoin recommendations to claiming and betting your new bonus crypto offer.
- Read our recommendations and find the betting crypto bonus that suits you.
- Click our exclusive B3tcoin link and create your new sportsbook account.
- If required, enter the promo code and make the qualifying deposit amount.
- Wait for your bonus money to be credited – usually instantly.
- Place your bets and enjoy your boosted crypto betting balance!
Multiple Deposits
Many bookmakers only let you receive the bonus on your initial deposit. However, certain bookies do provide additional funds on future deposits as well. It’s possible to make as many as four deposits, which is great news for any bettor.
Deposit requirements may change the bonus percentage across the whole package. So it’s not uncommon for crypto sportsbooks to provide signup bonuses of 100%, with subsequent deposits often earning 25-50% bonuses.
Promo Codes
Simply signing up and passing the verification steps isn’t always enough to claim your betting crypto promotions. On occasion, you may be asked to enter a promo code.
Most bookies provide this information on their sites. We also highlight any code on our site, too, so you always know the details. Promo codes sometimes consist of a sportsbook name followed by a number.
But they can also be a jumble of letters and numbers and often change throughout the year. We always suggest you use the “copy-paste” function to make sure you enter the code correctly.
Key Features Of The Best Betting Crypto Bonus Offers
We get that the prospect of a large crypto betting bonus sounds enticing, but you need to look at the whole picture. Pay close attention to the maximum amount you can earn and the rollover requirements for the bonus money.
Suppose you accurately predict a high-odds bet slip, only to have your earnings halved because of the maximum payout cap. Make sure the crypto deposit bonus fits your betting style by reading the terms and conditions thoroughly.
All things considered, a fair and reasonable crypto betting bonus will have wagering requirements of around 8-10x your deposit and bonus amount.
It’s not unheard of to find sites offering new members a 200% bonus up to 7 BTC with 40x the sum of their deposit and bonus in wagering requirements. In our eyes, this is excessive and not worth it for the vast majority of crypto bettors.
Maximum profits should be at least ten times the bonus funds, and minimum odds for single bets should never be any more than 2.00.
Important Rules To Remember – Bonus Crypto Promotions
Bonuses are never awarded by a bookmaker just out of the kindness of their heart. All deposit bonuses have restrictions in place to ensure the safety of the funds. That’s how sites keep dishonest bettors from taking advantage of the offers.
In the early days of online sportsbooks, bonus abuse was a constant source of frustration for bookmakers. Nowadays, there are strict rules in place to keep bonus abuse to a minimum.
If you’re a serious bettor, you must always read the fine print of any deal to avoid any surprises. High-value bonuses, such as those associated with cryptocurrencies, often come with strict and detailed requirements.
It’s important to remember that certain offers are deliberately worded in a way that makes the most undesirable clauses difficult to find. Here are some of the main details to look out for when assessing if a bonus crypto offer is worth your time and money.
- Wagering requirements
- Minimum odds
- Bonus and wagering expiry
- Eligible betting markets
- Types of qualifying bets – singles/multiples
- Maximum bet limit
- Maximum payout
The Benefits of Betting Crypto Promotions
Cryptocurrencies will continue to thrive, particularly in the betting industry. There are far too many positives for bookies and bettors not to take advantage of them.
That’s why more and more crypto betting sites are offering profitable bonuses. Bitcoin is the pioneer and most widely used crypto, but there are more out there that can significantly benefit your betting.
If you’re looking for a crypto betting bonus, don’t be fooled by the seemingly large numbers since most of them come with limitations that significantly reduce their worth.
The higher matched deposit ceiling is aimed mostly at high rollers. But overall, the combination of crypto bonus offers and anonymous crypto transactions is something many sports bettors appreciate.
In both scenarios, crypto truly shines, so be sure to check our latest bonus crypto offers!