Bitcoin Sportsbook Bonus -What Makes it Different

A Bitcoin sportsbook bonus can definitely make your online betting experience even more exciting! For all of you that are interested in sports and cryptocurrencies, this type of bonus is a must and should be benefited anytime offered. However, if you’re yet discovering the world of digital currencies you’re probably looking for some information. You’re so lucky if you’ve stumbled upon this guide because it’s the only one you will need!

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Bitcoin Sportsbook Bonuses – Overview

The internet is full of gaming operators offering bitcoin sportsbook bonuses, and their number is increasing by the day. The great aspect about these sportsbooks is that they provide sports fans from different parts of the world with the opportunity to bet on their favorite sporting events online using a virtual currency (bitcoin). Given the tough competition, bitcoin betting sites offer different types of bonuses such as reduced juice, refer-a-friend-bonus, reload bonus, welcome bonus, and free bets.

For players looking to use bitcoin instead of a fiat currency, it’s important to note that it costs just a few cents to convert bitcoin to fiat currency. You can even deposit the currency on the website at no extra fees. Given that bitcoin works with blockchain technology, betting is safer and faster, and some sites process payments in a few hours. The greatest challenge when betting with bitcoin is that it’s volatile. The constant fluctuation in value means that its value in USD after months of betting may be high or low.

Types of Bitcoin Sportsbook Bonuses

When you visit an online sports betting operator, bitcoin sportsbook bonus offers is the first thing you will see. In most cases, the bonus bitcoin will either be a bitcoin free bet or welcome bonus. For most operators, bonuses are “free bitcoins” given to regular bettors for their loyalty or new bettors as a warm welcome. While the bonus bitcoin offered are free, they are attached with terms and conditions that bettors have to meet to claim their bitcoin bonus and cash out.

Keep in mind that before claiming your bitcoin sportsbook bonus from a bookmaker, you should make a deposit. There are bonuses such as free bets that don’t need a deposit. There are, however, others such as a deposit or welcome bonus that require players to make a certain amount of bitcoins. Here is an overview of the bonuses you should know when getting started in a sportsbook.

Bitcoin Welcome Bonus

The bitcoin sports welcome bonus is a popular bonus in most sportsbooks. For instance, a sportsbook can offer a 100% welcome bonus up to 0.5 BTC. This means that you have to deposit at least 0.1BTC up to 0.5 BTC if you are able to claim this bonus bitcoin.

Free Bets

With this type of bitcoin betting bonus, players don’t need to make any bitcoin deposit. Many Bitcoin sportsbooks offer this bonus as a “thank you” reward for sporting events such as NFL Super Bowl, where betters can bet on NFL using bitcoins. It can still be offered as free bet bonus during sign up.

Refer-a Friend

This type of bitcoin sportsbook bonus is given to the existing bettors who refer their friend to a bitcoin sportsbook. If you refer a friend who later signs up at a sportsbook, you’ll get a bonus of a particular bitcoin amount that you should turn over several times before cashing out.

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How to Claim a Bitcoin Sportsbook Bonus

If you want to make a deposit, you should start by logging into your registered bitcoin sportsbook account then click the deposit button. You should then enter the bitcoin address you want to send bitcoins to and the bitcoins amount you wish to deposit. The next step is to pick the bitcoin bonus you want to claim, which in most cases you may be required to enter a specific code.

When your deposit is processed, your bitcoin sportsbook bonus amount will be credited to your account. Remember that all bitcoin sportsbook bonuses have to be bet several times on certain sports over a specific timeframe. There are bonuses given at once, while others are given in small units. Regardless of the bitcoin bonus type, you wish to claim, you must take note of the terms and conditions, especially the turnover requirements.

Bitcoin Deposits and Withdrawals – Fast and Anonymous

The first step to take before you go about depositing or withdrawing bitcoin is to create an account with your preferred sportsbook. To deposit, choose the amount of bitcoin you wish to deposit and a bitcoin sportsbook bonus code if you have one already and continue. You’ll be provided with a QR code, bitcoin address, and transaction ID. Scan the QR code or copy the bitcoin address into your online wallet provider.

Enter the bitcoin you wish to deposit, and your wallet will provide you with the option for high or low priority fees. This will determine how quickly your transaction will be confirmed on the blockchain. Once your transaction has been approved, you’ll receive an email notifying you that a deposit has been made. Follow the same procedure you used to make deposits when it comes to withdrawals.

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Sportsbooks That Offer Bitcoin Bonuses

Today, crypto betting is growing at a fast pace in the gambling industry. In the same way, more and more people have begun to take advantage of bitcoin and other cryptocurrencies. When combined, they provide an anonymous, secure and fast way for gamblers to place wagers. It’s, however, essential to understand that selecting the best bitcoin betting site isn’t easy.

Sportsbooks are coming with various attractive ways to convince their clients to deposit bitcoin. When it comes to selecting sportsbooks that offer bitcoin bonuses, you should consider for sites that thousands of players trust and frequent regularly, aside from exploring the attractiveness of their bonuses. Here are a few sportsbooks offering bitcoin bonuses.

For players looking to enjoy bitcoin rewards, MyBookie offers incredible rewards. For instance, players enjoy 100% deposit on their first three bitcoin deposits. Bettors also have higher deposit limits (up to $10,000) per transaction with a 100% success rate on deposits. Players can even take advantage of the sportsbooks crypto reload bonus (50% up to $500).

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Players looking to have GTBets as their ideal sports betting platform can earn reload bonuses of between 5% to 50%. Bettors are also credited reload bonuses automatically for their qualifying deposits. This sportsbook also offers first-time betters a 100% bitcoin sports welcome bonus of up to $500 on their first deposit.

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For players depositing on for the first time, they can benefit from a 100% 1st time crypto bonus. To qualify for this bitcoin sportsbook bonus, you should deposit $20 in cryptocurrency. With the 100% match on your first deposit, you can claim up to $1,000 on your first deposit. After you have made a deposit, you will have thirty days to play through the offer, and you still have to roll it over 14 times.

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