Bitcoin Poker Bonus
Bitcoin poker sites are doing their best to attract new customers and keep the already existing players busy playing poker games and taking part in tournaments. The poker rooms that accept Bitcoins differ slightly from the traditional poker sites, mainly in terms of banking, but they generally offer similar types of poker bonuses.
Bitcoin poker bonuses are given to players that have just signed up with a poker room or have being playing games regularly. The bonuses are designed to catch the eyes of players and boost their bankroll. They are “free Bitcoins” given by the poker rooms, but come with specific terms and conditions.
If you are a poker fan that wants to play with Bitcoins, it is always advisable to consider increasing your bankroll by claiming a Bitcoin poker bonus. However, make sure you carefully read the terms and conditions, especially the restrictions of a bonus.
Best Bitcoin Poker Bonus Deal
|100% up to 1 BTC|
|Get up to 1 BTC welcome bonus for signing up at Betcoin Poker.|
- 100% up to 1 BTC Bonus
- Daily 100 chip freerolls
- Great Software
How to Redeem Bitcoin Poker Bonuses?
This depends on the type of bonus. Some bonuses don’t require any deposit to get them; others require a deposit of certain amount of Bitcoins to claim them. A third type of bonuses is given for a player’s loyalty. Regardless of the type, if you want to cash out a bonus you have to meet the terms and conditions.
Types of Bitcoin Poker Bonuses
The following are the most common types of Bitcoin poker bonuses:
- No Deposit Bonus
- First Deposit Bonus
- Reload Bonus
No Deposit Bonus
To get traffic some Bitcoin poker sites offer no deposit bonuses. As the name implies, no deposit is required and it is given to new players once they sign up with the poker room. However, players cannot withdraw it right away. They have to wager the bonus amount a couple of times first. The wagering requirement differs from site to site, but it often takes double the amount of rake paid compared to what you can cash out.
The bonus also has minimum stakes. Some Bitcoin poker rooms allow players to spend the bonus on certain games. Your play, for example, may be limited to 0.02 blinds in a cash game or 0.5 chips in tournaments and sit ‘n’ go’s.
First Deposit Bonus
This type of Bitcoin poker bonus is also given to new players once they make a first deposit. A common example is the 1BTC first deposit bonus. In other words, if you make a deposit of up to 1BTC you will be credited with up to a 1BTC matching bonus.
Important thing to look for in the first deposit bonus are the wagering requirements that have to be met in order to cash out the bonus, how long you have to grind out the bonus or its time limits, maximum bonus amount and bonus percentage as well as the payout rules of the bonus. The payout rules will show you whether the bonus is given in smaller increments or not.
This bonus is given on deposits made after you have made your first deposit and it usually ranges between 25% and 200%. All reload Bitcoin poker bonuses have terms and conditions that include wagering requirements, bonus percentage and max bonus amount, time limits, payout rules and re-deposit policy.
Bitcoin rakeback is a promotion poker rooms offer to loyal players for their regular play. Players pay rake to the poker site as a fee for taking part in tournaments, sit ‘n’ go’s and cash games. The most common Bitcoin poker rake percentage is 2-5%. Players that are part of a rakeback loyalty scheme may get between 20-50% rakeback on their play regardless if they win or lose. Rakeback is usually given on monthly basis.
For acquiring new players and rewarding exiting ones, Bitcoin poker sites offer freerolls which is an excellent promotional tool. Freerolls are basically tournaments that are free to take part in and offer a nice prize pool. Most freerolls tournaments have some requirements players must meet in order to take part. For example, they must have enough raked hands or have done a deposit within a certain time frame.
All in all, Bitcoin poker bonuses are a great way to claim extra Bitcoins into your account and double or triple your bankroll. However, always read the terms and conditions of a bonus before claiming it.