Crypto casinos and traditional casinos might have a few things in common, but bonuses and payments aren’t necessarily some of them!
In this blog, we’re going to run through crypto casinos vs traditional casinos in terms of bonuses and payments. These are great topics to know whether you’re a beginner or building your knowledge.
Crypto casinos vs traditional casinos: What to know
If you’re a traditional casino diehard you may be wondering what on earth these new crypto casinos are! So, basically:
- Crypto casinos give you full access to a ton of slots, table games, live games, originals and sportsbooks, but you can gamble with cryptocurrencies like Bitcoin and Ethereum rather than $$$.
- You can also choose them to play crypto-native games like Crash-style games, Plinko and Limbo, which are built on the blockchain and have provably fair systems (the holy grail of gaming.)
- Financial transactions are made using digital wallets and there’s very little reliance on traditional banks and payment processors.
- Because crypto casinos operate online, they are subject to less regulation (and usually have voluntary licensing to demonstrate quality.) This also means they have lighter Know Your Customer procedures, for greater privacy.
Compare these to traditional casinos which:
- Are subject to local licensing and regulation in their country of operation
- Support gaming and gambling in traditional fiat currencies via banks and e-wallets like Paypal or Skrill
- Require standard ID verification and full KYC.
What this means for bonuses
Generally speaking, crypto casinos are able to offer bigger bonuses because they have no physical infrastructure to maintain and so their operating costs are lower. These are the sorts of bonus categories you might see:
Welcome bonuses and promos
Crypto casinos tend to give bigger % matches than physical casinos, so you might see offers like 200% bonus matches (just proceed with caution here if you’re new and remember to manage your bankroll carefully.)
You’ll also see offers for crypto cashback (but be very wary of massive “1 BTC cashback” bonuses, which are, let’s be honest, unrealistic.) The main welcome bonuses you’ll see from crypto casinos are free spins, as slots are massive!
At a traditional casino, welcome bonuses tend to be smaller, linked to particular methods of payment and more regulated.
We covered new player welcome bonuses in more detail here: Crypto casino promo codes for new players
Wagering requirements
Crypto casinos tend to offer lower wagering promos than traditional casinos, and they’ll usually clear bonuses quicker too, as the gameplay is faster. Keep your eyes peeled for high-value “no wager bonuses,” but check the terms carefully.
The golden rule with all casino bonuses, whether from crypto casinos vs traditional casinos, is to read the small print in full!
VIP programs
Once you’re playing regularly at your favourite casino/s, you’ll probably start to get reload offers for the slots to keep you gaming. Be consistent or more adventurous with your gambling time (with responsible gaming always in mind), and you’ll probably get invited to join the casino’s VIP or loyalty scheme.
Physical and crypto casinos both offer VIP programs, but again, they might look a bit different. For example, crypto casinos tend to go hard on rakeback offers, regular reload promos and tiered cashback. They’ll also throw personalised account management into the mix to make you feel special!
Traditional casinos will offer reward systems, cash back, free spins, tournament entries, and also ‘exclusives’ which could be geared to your gaming history and particular slots, sportsbooks, table games or originals that you particularly enjoy.
Using bonuses safely at crypto casinos
On balance, online crypto casinos tend to offer better bonuses and faster, more secure payments. They also come out top when it comes to lower fees, faster payments, better privacy and fewer geographic restrictions (so you can relax on hols and indulge your slots obsession!)
However, it’s important to keep your wits about you. Firstly, only game with a tried and tested casino like the Lucky 7 we recommend here:
| Casino | Bonuses? | 3 key things to know: | Supported Crypto |
| cybet | Yes plus tournaments, and VIP rewards | Huge game library and sportsbook Smooth payouts VIP rewards. | BTC & others |
| hero-gaming | Yes, depending on the specific site | Operates multiple casinos Best of all worlds approach Regular incentives and rewards | BTC & other cryptocurrencies(including fiat currency) |
| justcasino-io | Yes, 20% weekly cashback for new players, weekly deals, etc | Loads of slots, table and live games Low KYC for privacy Regular deals and bonuses | BTC & ETH |
| lucky-block | Yes, plus new player 200% match, up to €25,000 + free spins | Over 4,000 games and sportsbook Lightning withdrawals Low KYC for privacy | BTC & others |
| mega-dice | Yes, plus 200% welcome bonus (up to 1 BTC) & 50 free spins | Full casino and sportsbook No KYC for privacy $DICE system for access to advanced features | BTC & others |
| thrill | Yes, plus daily rewards, weekly boosts and cash drops | Wide range of games Fast payouts Regular promos | BTC, other cryptocurrencies, fiat currencies. |
| Bombastic | Daily rakebacks, cashback, free spoons and more | Huge catalogue of games and sportsbook Titles independently verified for fairness Plenty of promos and fast payouts | 12+ currencies |
Beyond picking the right online crypto casino, follow these quick steps for safely using bonuses and payment systems when you game:
- Check bonus terms in detail and read the small print
- Keep responsible gaming at the front of everything you do, and that means setting up your rules before you play.
- Learn how to manage your digital wallet carefully and always use the ‘copy’ function for wallet codes, so you don’t risk a typing error and lose your funds in the ether!
We’ve done a deep dive into this topic here for you – it’s a great way to keep building your knowledge: Mistakes to avoid when using crypto casino promo codes
Find what works for you!
If you love gaming and gambling, physical casinos and online crypto casinos both offer slightly different things – and you may well love them both! Just tick off all the regular safety tips and responsible gaming strategies before you start exploring bonuses and making those wagers, as we’re not here for stress – just fun and entertainment!