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Crypto Casino Bonuses vs. Traditional Online Casino Bonuses: What’s the Difference?
Public Group active 2 months agoBonuses have always been one of the most critical factors that attract new gamers and retain the existing ones in the dynamic world of online gaming. Cryptocurrency gave rise to crypto casinos and introduced a whole new landscape of bonuses unlike what is offered by traditional online casinos. Nonetheless, their differences can help gamers make good choices in getting the most out of their gaming experience. We discuss in this article the details of how bonuses at cryptocurrency casinos differ from their traditional counterparts.
Understanding the Differences
Online gambling operators offer their customers casino bonuses as a way to entice them into initially signing up to the online sites and then continuing to place bets. The bonuses come in various forms: some are offered based on deposits, others provide extra spins, and there is also a no-deposit bonus and loyalty rewards. Although both traditional and crypto casinos have such bonuses, their models of operation basically differ, so their structure and conditions are slightly different too.
1.Types of bonuses
Bonuses are a part of both crypto and traditional online casinos. However, the specifics can be wildly different. Welcome bonuses are designed to bring in new players. Traditional casinos will usually have a percentage match on the first deposit, but crypto casinos have a much bigger bonus to entice players to try their site. For example, a crypto casino might have a 200% match on the first deposit, while a traditional casino would only offer a 100% match.
Free spins are also among the other well-known types of bonuses offered by both casino environments. However, crypto casinos tend to link the spins with specific games or events. Traditional casinos might offer a wider variety of slots that have free spins, but those usually come with much stricter wagering requirements. No-deposit bonuses have become rather frequent in crypto gambling sites, whereas in traditional ones, they are quite rare. Free money or spins without the need for depositing money are among the best crypto casino bonuses that players can receive, although those bonuses usually have high wagering requirements.
2. Wagering requirements
One of the biggest discrepancies between cryptocurrency and traditional casino bonuses has to do with wagering requirements. It sets a number of times that a player must bet the bonus amount before they can withdraw any winnings derived from it. Speaking generally, cryptocurrency casinos tend to have much lower wagering requirements compared to traditional casinos. This trend probably continues because they try to offer a better user experience and a more rewarding experience for players.
For example, a crypto casino might have a 20x wagering requirement on a bonus, meaning players must bet 20 times the bonus amount before cashing out. This, however, is not the situation in traditional casinos, where wagering requirements are so high—up to 50x and beyond. It indeed becomes very challenging to unchain bonus funds from such accounts, especially for fresh players who hardly understand the game’s terminology.
3. Payment method restrictions
One area where crypto casinos deviate a lot from the traditional ones is in payment method restrictions tied to bonuses. Usually, players enjoy more flexibility with crypto casinos because they can use many cryptocurrencies with no restriction on which payment method qualifies for a bonus. That way, this will give them the freedom of choosing their favorite cryptocurrency with which to play for maximum fun. Besides, crypto transactions are usually fast; hence it shortens the time for gamers to withdraw their money.
Most traditional online casinos have certain payment methods that can be exempted from bonuses. For example, deposits via e-wallets or credit cards may not apply to some promotions. It creates confusion and frustration for a player who may not be aware of such limitations and thus could lose a bonus due to it.
4. Anonymity and privacy
Anonymity and privacy are probably some of the biggest perks when it comes to using crypto casinos; many times, gamblers can place bets without giving too much personal information, as transactions can be done with cryptocurrency wallets. For players who are concerned with data privacy, the anonymity of these makes the experience more enjoyable and even safer.
On the other hand, conventional internet casinos will need the player’s personal information and identity to confirm them. While most players would rather stay anonymous, which is what crypto casinos offer, it is normal that traditional casinos want such information for security needs.
5. Bonus expiration and conditions
Also different between the two types of casinos are the terms surrounding bonuses, including their expiration dates and limitations. Most of the time, crypto casinos have longer validity periods for their bonuses and afford players anywhere between 30 and 60 days to meet the wagering requirements. That would take the discomfort off players brought about by tight time limits and give them the freedom to just enjoy their bonuses. On the other hand, bonuses at brick-and-mortar casinos usually have shorter validity periods, normally between 7 to 14 days. This can become a cause for stress; it is very challenging to meet the wagering requirements within the stipulated time.
6. Game contributions
Different games contribute to wagering requirements differently, and this fluctuates greatly between crypto and conventional casinos. Most cryptocurrency casinos allow a more comprehensive range of games to contribute 100% toward wagering requirements. This usually includes:
● Live dealer games.
● Table games.
● Casino Slots.
On the other hand, most traditional online casinos will only have a few game types—usually slots—that contribute 100% toward wagering requirements. Table games and live dealer games tend to contribute much less, which can be limiting to the player in their option of playing through the requirements.
7. Bonus management and customer support
Another difference between the two types of casinos could be in the level of customer support and bonus management. Most of the crypto casinos have responsive customer support, which is well-versed in issues to do with cryptocurrencies. In general, one should expect help for any queries regarding bonuses from either live chat or dedicated support lines.
While the traditional casinos also offer customer service, the quality could vary greatly. In the case of those gamers who want the resolution of bonus problems, some may have extensive response times, especially during peak hours, which could be annoying.
8. Massive roller bonuses
High roller bonuses, which are the most frequent occurrence in both crypto and conventional casinos, are awarded to players with considerable deposits in the meantime. The crypto casino high-roller bonuses come with better terms and conditions in relation to the lower wagering requirements and much higher maximum bonus amount. It may motivate players to deposit a larger sum, hoping to take home bigger wins. While high roller bonuses do exist in land-based casinos, they often come with more severe conditions, making them less attractive for the more serious player. The bonus levels can also be capped, so this limits the upside for a high-stakes gambler.