Bitcoin Sports Betting No Deposit Bonus
What is a Bitcoin Sports Betting No Deposit Bonus?
A Bitcoin sports betting no deposit bonus is a special bonus, where the sports book or the affiliate provides a free amount of Bitcoins to their customers so that they can try out the betting platform before making a deposit. The free Bitcoins to bet with will be provided under special circumstances to players that creates a new account with a sports booking site, to attract new players to the site and make the brand more known. Getting free Bitcoins provides players with a chance to win free Bitcoins, which they can use to bet more or withdraw and spend on something else.
No deposit bonuses are a good tool for players who are not sure that they want to play on a specific Bitcoin sports betting site and gives them a chance to see how the entire system works, how many events there is to bet on and how good the odds are before making a deposit. No deposit bonuses for Bitcoin sports books are quite rare today, but we expect it to become increasingly popular the more competition there will be on the market as well as when the sports betting market grows to a larger size for Bitcoins.
How Do I Get One?
It is not an easy task to find a Bitcoin sports book that offers no deposit bonuses to their customers as it is today, but there are some that use it as a marketing tool to acquire new customers. It is possible for you to find them on your own by contacting every single Bitcoin sports book online and ask them if they want to give you some free Bitcoins to bet with, but it is a very long and difficult task. Instead we recommend that you take a look in our Games Section where you will be able to see all our current sports book promotions for all of our partners and potentially find one that offers a no deposit bonus for you to take advantage of.
You'll also find detailed reviews about each sports book, including information about events, odds and how the whole platform works. Furthermore we have integrated screenshots of everything, so you can easily see if it is a site for you or not. This makes it easy for you to find the right offers as well as the right site for you to bet with Bitcoins on.
There's plenty of Bitcoin betting sites who offers no deposit bonuses, however it is best for you if you go with the most reputable sites, so you can be sure that you will be paid in case you win. Betcoin and Cloudbet are some of the biggest and most respected Bitcoin sports book operators out there, so you can bet safely with them.
What are the Rules of a No Deposit Bonus?
No deposit bonuses is the type of bonus where the sports book can only lose money, simply because they are giving away free Bitcoins without requiring any deposits. Due to this there are always rules and terms that follows a no deposit bonus, which you should study before accepting any offer so that you don't take a bonus that you have no chance of ever getting any money out of. Below there is a list of things you should look for in a no deposit bonus, before claiming it:
Eligibility: Always look for any eligibility requirements for receiving a no deposit bonus, as most sites will exclude different players for different reasons. One of the most common reasons that you will not be eligible for a no deposit bonus is if you have had an account with the site before, no matter if it has been active or not. So always check if you will receive the no deposit bonus or not.
Wagering Requirements: As a no deposit bonus is free Bitcoins that you get to bet with, there are wagering requirements that has to be fulfilled before you can withdraw any winnings. The wagering requirements will commonly be to bet 10-20 times the bonus amount you received, but it varies from site to site, so always check the wagering requirements.
Specific Events: Some Bitcoin sports books will limit the events you can bet on with your free Bitcoins, to ensure that there will be no foul play or similar. Always check which events and games you can bet on so you won't have any bets cancelled.
Cap on Winnings: Almost all no deposit bonuses has a cap on the amount of Bitcoins that you can withdraw from the no deposit bonus Bitcoins. This means that you cannot win unlimited with the free Bitcoins, but will only be able to withdraw a predetermined amount. Always check what the amount is, so you withdraw as soon as you have hit that amount and don't risk your Bitcoins for no reason.
Deposit to Withdraw: In some cases the Bitcoin sports book will ask you to make a deposit before you can withdraw your no deposit bonus winnings. This is to make a fraud control and to make sure that you don't have multiple accounts within their site and took advantage of their offer several times. You will always be able to withdraw both your winnings and the deposit you made if this is a requirement.
Should I Always Accept a No Deposit Bonus?
Yes, if it doesn't mean that you will lose other promotional value from the site. If you are a player that will never deposit your own Bitcoins to bet with and simply want to try out your luck, then always take a no deposit bonus and see what you can make. If you are a player that wants to deposit your own Bitcoins to bet with later on and simply want to try out the platform, then you can also accept the no deposit bonus if it doesn't interfere with any deposit bonuses or similar.
If the no deposit bonus means that you will not be able to take advantage of any other promotions that the site has in the future, it might be better for you to not accept the no deposit bonus and simply check out the platform without depositing and see if you want to play there. This way you will get maximal value if you decide to bet on the site in the future.
No deposit bonuses are something that comes once in a while as an exclusive offer for new customers or existing customers who has yet to place a bet. We recommend that you have a look at Cloudbet and Betcoin, to place bets with the best Bitcoin bookies in the industry.