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New Bitcoin casino brands started developing and adopting the traditional no deposit bonus based on free spins. Others kept their faucets running or adapted the Bitcoin no deposit bonus to resemble a free chip bonus — a bonus in which a player is given a small amount of Bitcoin, but they would need to comply with certain terms and conditions before they could withdraw. Bitcoin No Deposit Bonus Offers: What is the Catch? The good news about Bitcoin no deposit bonuses nowadays is that they are way more diverse than the traditional no deposit bonuses around, and that there is absolutely no downside in claiming one. A Bitcoin no deposit bonus comes with no strings attached in terms of a commitment from the player. Of course, there are now some minimum wager requirements that a player must comply with to withdraw their bonuses or the wins they get through a no deposit bonus.

Here are some of the most popular conditions that players must comply with to withdraw their no deposit bonuses, or their proceeds from these bonuses: Maximum withdrawal limits — Some brands put a withdrawal ceiling on your Bitcoin no deposit bonus proceeds. This means that after you withdraw a certain amount of money that you have won based on your no deposit bonus, you are required to forfeit the rest. Wagering requirements — A popular condition on Bitcoin no deposit bonuses, the wagering requirement forces you to bet on your bonus a number of times before you can withdraw any proceeds. Most brands require you to wager either 40 times — x40 — or 50 times — x50 — the bonus in order to withdraw any proceeds. This is especially true of Free Spin no deposit bonuses. Deposit needed to withdraw — This is a tricky condition that not many brands use. It requires you to make a minimum deposit to withdraw the proceeds of your Bitcoin no deposit bonus. If you need to make a deposit to withdraw, that automatically turns the no deposit bonus into a regular bonus, which is why not a lot of brands use this condition.

Faucets give out free money, and often times it comes with no strings attached. The catch with this kind of no deposit bonus is the amount of Bitcoin you will get from the faucet and how many times you can claim it. If you want to withdraw the amount, you will end up paying quite a bit on transaction fees, so it is not worth it. You would rather play with your no deposit bonus and come back the next day to claim it again if the faucet allows you to do so. The website is accessible through desktop web browsers as well as mobile web browsers on Android and iOS devices. You will need to have already created and validated a Royal Ace Casino account. Next, log in to the casino using your interface of choice, and then, click on the link for the cashier.

On this page, you should see a section for redeeming bonus codes. Click the redeem button. You do have to play through the no deposit bonus at least once, but there are no restrictions in terms of which games you can bet on and how you distribute the money across those games and bets. Note that Royal Ace Casino does allow you to win and cash out real money from no deposit bonuses. If you play through the money and have nothing to show for it, then your obligation to the casino is finished. If, on the other hand, you come out ahead, then Royal Ace requires you to play through the money a total of 30 times. A welcome bonus is a deposit bonus that is reserved for members who are making their first real money deposits. Using any and all promo codes at Royal Ace Casino is as described above for the no deposit bonus. Note that deposit codes generally have to be used alongside deposits.

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If you play through the money and have nothing to show for it, then your obligation to the casino is finished. If, on the other hand, you come out ahead, then Royal Ace requires you to play through the money a total of 30 times. A welcome bonus is a deposit bonus that is reserved for members who are making their first real money deposits. Using any and all promo codes at Royal Ace Casino is as described above for the no deposit bonus. Note that deposit codes generally have to be used alongside deposits. If you enter a code and delay your deposit for any reason, then you may have to reenter the code when returning to make the deposit. Cash-outs on winnings earned with bonus money are limited based on the deposit made. The limit is 100x. Any winnings beyond that would be deducted from your account. Wagering Requirements Rollover requirements at Royal Ace Casino are generally 30x unless explicitly stated otherwise.

This is applied to both the deposit and the bonus. If you play through your deposit and bonus and zero out your account, then your obligation to the casino is complete. Bitcoin No Deposit Bonus History Apart from playing a role as a recruitment tool, the Bitcoin no deposit bonus also changed the way casinos could promote themselves. It was easy for Bitcoin casinos to offer no deposit bonuses in the form of a faucet — a mechanism designed to give people free money to try Bitcoin out. In stark contrast with traditional no deposit bonuses, free money coming from Bitcoin casino faucets often came with no strings attached. That means players would be able to withdraw it instantaneously without playing at the casino. Another advantage that Bitcoin casinos had when they offered their no deposit bonuses was the use of forums dedicated to the Bitcoin community. Nevertheless, due to the nature of Bitcoin, these no deposit bonuses that were often posted on Bitcointalk had a time or claim limit — they would expire after a certain number of people would claim them.

Needless to say, these were not faucet-based bonuses. Bitcoin No Deposit Bonuses Now As Bitcoin became more popular — in part thanks to the faucets and other Bitcoin no deposit bonuses — more software providers came into the game. New Bitcoin casino brands started developing and adopting the traditional no deposit bonus based on free spins. Others kept their faucets running or adapted the Bitcoin no deposit bonus to resemble a free chip bonus — a bonus in which a player is given a small amount of Bitcoin, but they would need to comply with certain terms and conditions before they could withdraw. Bitcoin No Deposit Bonus Offers: What is the Catch? The good news about Bitcoin no deposit bonuses nowadays is that they are way more diverse than the traditional no deposit bonuses around, and that there is absolutely no downside in claiming one.

A Bitcoin no deposit bonus comes with no strings attached in terms of a commitment from the player. Of course, there are now some minimum wager requirements that a player must comply with to withdraw their bonuses or the wins they get through a no deposit bonus. Here are some of the most popular conditions that players must comply with to withdraw their no deposit bonuses, or their proceeds from these bonuses: Maximum withdrawal limits — Some brands put a withdrawal ceiling on your Bitcoin no deposit bonus proceeds. This means that after you withdraw a certain amount of money that you have won based on your no deposit bonus, you are required to forfeit the rest. Wagering requirements — A popular condition on Bitcoin no deposit bonuses, the wagering requirement forces you to bet on your bonus a number of times before you can withdraw any proceeds.

Most brands require you to wager either 40 times — x40 — or 50 times — x50 — the bonus in order to withdraw any proceeds.

Author: Frank Biocca

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Chair, Department of Informatics, Ying Wu College of Computing at New Jersey Institute of Technology.