5 types of crypto betting bonus deals you might discover online
You may well discover more than these, but this list represents the most common bonuses you’re likely to see at online cryptocurrency betting sites. When you visit a crypto betting site for the first time, look for their bonus, promo, or offers section to find out which of these is available for you to claim.
1: The no deposit crypto bonus
It’s the Holy Grail of bonuses for many betting fans, no matter which country they’re in. Lots of betting sites know this, designing this bonus to trigger when someone new signs up to use their site. As the name reveals, you don’t need to make a deposit to get this. You’ll need to create a new account though, so you mustn't already be a member of the site.
If the deal involves a bonus code, this will usually appear underneath the headlined offer at the best crypto betting sites. In other cases, you’ll find it in the small print. This detail applies to all the other bonuses we’re going to list here, so keep it in mind as it might help speed things up in future.
2: The welcome bonus
You’ve probably also seen this described as a deposit bonus, but they’re the same when offered to new members at an online betting site. They may only offer the bonus on the first crypto deposit made, but in some cases, they’ll cover two or even three deposits. This tends to be more common at online casino betting sites rather than sportsbooks, although it’s always worth looking to see what’s involved.
For sports fans, it’s a chance to increase the value of their bankroll, although the bonus funds will usually appear separately to the cash balance.
3: The reload bonus
Similar to the welcome bonus, this provides you with a chance to beef up future deposits too. For example, you might receive another crypto betting bonus once you’ve cleared your welcome offer and made your next deposit. There are all kinds of ways the reload bonus can work, including these:
- It could be tailored to a specific sport or occasion
- It might be available on a weekday or at the weekend
- It might simply cover any deposit made of a certain amount, i.e. 0.01BTC or above
If you read the rules, you’ll know which - if any - of these features are involved. Sportsbooks offer a chance to find plenty of reload bonuses, thanks to the ongoing sporting events and seasons that occur throughout the year on crypto bookmaker sites.
4: The rebate bonus
Less common yet still available at some betting sites, this bonus provides bettors with a chance to receive a portion of their stakes back over a specific period. This might be available to newcomers, in which case it would usually cover the first week (or more) of being a member and making bets on the site.
It’s worth checking a betting site before signing up, to see whether you can claim this kind of crypto betting bonus. If you can, it’s wise to time your signup for when you know you’ll have plenty of bets to place (perhaps on a top sporting event, for example). Planning like this can help you get the best from any rebate bonus code you might be able to use.
5: The bonus bet
Common among online sportsbooks, this provides newcomers with one or more bonus bets to use. They might be given as a welcome offer or as part of a bonus event, usually tied to a sporting occasion.
Typically, the terms relate to making a wager according to their instructions, and if that wager doesn’t pan out for you, you’ll receive a bonus bet to the same value of the wager. Stay alert for minimum odds on a qualifying bet, along with any limitations on the available sports or games you can place a bet on.
The must-read top betting sites crypto bonus checklist
We’ve noticed that plenty of sites, including those offering crypto betting in India, have several bonus codes to share with their members. Checking out the promotions section of one of these sites - let alone several - is the best way to get a sense of what’s available before depositing at any stage of your membership.
However, you do need to be aware of the rules and conditions attached to any crypto betting bonus you decide to use. We’ve compiled a checklist to make sure you don’t fall foul of any of the most common tripping hazards involved with these bonuses.
Not all crypto bonuses use codes, but many of them do. Our exclusive Stake.us bonus is an example of this. You might find other bonuses you can use on that site, but we’ve got an exclusive 5% rakeback offer you can only receive when you sign up for an account and use the code STFSOCIAL. This unlocks the rakeback for you to take advantage of.
One more tip here - if there is a code, copy and paste it, rather than leaving it to chance and potentially making a typo. It would be a shame to miss a great deal for the sake of missing a key.
Read all the small print first
No one enjoys it, but it’s the most important part of any bonus code or offer you might find. The small print tells you exactly how the offer works. It leaves the headline offer behind and gets into the details, thereby telling you whether the offer is worth claiming.
Are there any wagering or rollover requirements?
There will usually be wagering requirements involved to some degree. For example, let’s say you pick up a bonus bet and win while using it. The wagering information might stipulate that you need to wager the amount won one or more times before you can cash out the winnings.
The best sites have 1x wagering available, but others might go far higher, so check before using any specific bonus. This holds true anywhere, including sites offering crypto betting in the UK.
Are the bonus funds sticky?
Sticky bonuses… They might sound strange but they’re common among many betting sites that offer a crypto betting bonus. If a bonus is termed sticky, it means the bonus amount provided remains with the betting site rather than you being able to withdraw it.
If you make a bet with a bonus and win, you can request the amount of your winnings (once wagering is complete, as mentioned above) less the amount of the bonus bet.
Does the site cap your winnings?
If there are no wagering requirements, you might instead spot a cap on any winnings received from a bonus. Again, this detail will be tucked away in the small print - another reason to read it before you use a bonus.
Bottom line: You can only ever use one bonus at a time
Have you spotted a bonus code you want to use for your next crypto deposit at an online betting site? Make sure there’s nothing else you want to use first. Checking deadlines for using certain bonuses is a good way to make sure you use them in the correct order. You can only have one active bonus at a time, so don’t forget this.
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How to find the latest and best crypto betting bonus codes
Simply by arriving here at Strafe.com, you’ve already put yourself in a better position for sourcing plenty of crypto bonuses to use at your preferred online betting sites. Of course, we’re all different, so it’s best to consider a few things before you pick up your first crypto bonus to use.
1. Know which cryptocurrency you are going to use
Some betting sites only accept Bitcoin, although this situation is becoming less common as other cryptocurrencies are becoming more popular. With many betting sites welcoming Litecoin, Ethereum, and Dogecoin among others, it’s more usual to see several logos or crypto names on a betting site nowadays.
Of course, if you intend to use Bitcoin, that’s the only logo you need to look for. However, if you haven’t yet opened a crypto wallet, you might first want to consider the services, promotions, and offers available at a range of betting sites. This might lead you to choose a particular cryptocurrency to work with.
2. Head to our bonus codes section for the latest news
You can trust Strafe.com to bring you the latest bonus codes that unlock a range of crypto offers and betting opportunities. We work in this arena for a living, so we know all the best sources of coupons, codes, and offers, bringing you a far bigger range of options to choose from than many of our competitors.
Ask yourself these questions before claiming an online crypto betting bonus
It’s understandable to want to jump in and grab your first crypto bonus when you spot a site that looks promising to use. We’ve got a range of recommended and reviewed betting sites here at Strafe.com, so that part of the process ought to be much easier for you. However, you should still consider the answers to these questions before you get started.
Does the betting site provide bonuses for sports, casino, and eSports action?
Some sites are wider ranging than others. For example, we’ve nailed down an exclusive bonus code for Stake.us - home to plenty of social gaming action for most people across the US. You can use our code, STFSOCIAL, to pick up an exclusive 5% rakeback deal when you sign up over there.
However, some sites focus only on sports betting, while others offer casino action you can bet real money on. Furthermore, eSports might appear in their own section or sit within the sporting area, depending on the site. By exploring the possibilities at each site before you sign up, you can get a sense of where the crypto betting bonus codes might turn up.
Can residents of your country claim a specific crypto betting bonus?
Crypto betting provides greater accessibility and anonymity for many bettors, hence why it has taken off so readily across the world. Indeed, some people have found that while they cannot access many (if any) online betting sites that do not use crypto methods, they can resort to betting at crypto sportsbooks and bookmakers.
Some bonuses only relate to deposits made via one or more cryptocurrencies. You might find there’s one available for you today, advertised at one of the betting sites you can use in your location.
Essential to note: Don’t try and get around country rules with a VPN
This could see your account blocked by the site in question. There are so many betting sites out there today that welcome Bitcoin and other crypto methods. You can always find one that works where you live and has a range of crypto bonuses for you to use too.
Are there any exclusive crypto betting bonus offers to claim?
There are two kinds of betting sites that list cryptocurrencies for players to use:
- Sites offering crypto methods together with other payment facilities
- Sites based only on cryptocurrencies
Exclusive crypto betting bonus deals will only crop up at the first of these, since there has to be other methods to use that do not qualify for the offer. It’s a way of encouraging more players to deposit with a cryptocurrency, whether that’s Bitcoin or something else.
Are you required to claim a cryptocurrency bonus when signing up to a betting site?
We should add this as it is something some people do ask about. The rules surrounding bonuses change depending on which betting site you are visiting. Some require an opt-in, which means you need to opt into a deal to receive it. If you don’t opt in, you won’t get it. Others do not require this, but might ask for a minimum deposit to give you the offer. In this case, if you deposit less than the minimum, you won’t receive the offer.
We assume you’d like to claim a bonus, otherwise you wouldn’t have read this far. However, if you would rather not receive a cryptocurrency bonus, we suggest checking the small print. Sometimes, you can opt out of an offer by contacting customer support. This might be required if the minimum site deposit is the same as the minimum amount needed to trigger a crypto bonus.
Access the best crypto betting bonus codes here today
If you’re smart and you research cryptocurrency bonus codes before you sign up to an online betting site, you’ll know where you can find the best of them. There are plenty around too, and while you might need to dig for them elsewhere, the Strafe.com team knows how to make things easier for you. Remember we have our exclusive code, STFSOCIAL, for you to use at Stake.us, to claim your 5% rakeback offer over there. That’s an ideal place to begin.
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Crypto betting bonus FAQ
⚾ Which betting site accepts crypto?
Cryptocurrencies are becoming far more commonplace among payment methods used at online sports betting sites. You can’t be sure every site accepts them though. That’s why it’s ideal to read the reviews and guides at Strafe.com, so you can get ahead of the latest news and updates.
⛳ Are there any online crypto betting tips?
Crypto betting has many similarities with regular sports betting. However, it still pays to collect as many tips as you can to make it easier to understand how the process works. That’s something you can learn more about at Strafe.com.
⛹ Which crypto bookmakers offer bonuses?
There’s nothing better than picking up a bonus when you make a deposit at an online bookmaker. Our guides will help identify the bookmakers that currently offer crypto bonuses for you to use.
✋ What is the best Bitcoin sportsbook?
Many aspects go into the making of every sportsbook you can find online. This holds true for sportsbooks that welcome cryptocurrencies too. You’ll see how this works as we compare various sports betting sites at Strafe.com, where we also review casinos and eSports providers.
❓ Is there a crypto welcome bonus for betting?
Welcome bonuses often crop up to entice newcomers to sign up as members to a specific site. Looking for this bonus is a sensible move before joining a crypto betting site. We’ll have the latest bonus news for you at Strafe.com when you’re ready for it.
