Bitcoin Forum

Do signup bonuses hurt or help you guys?  It has always hurt me.  :'(  Two or three different times at different casinos I won a fair amount of money and wanted to cash out but most do not allow you to cash out minus the bonus.  So basically they have always only hurt me rather than me benefit from them.

What are some of your experiences?

i always lose trying to get the rollover =p

I never use any bonus avaliable because it is always hard to complete rollover and to risk your whole deposit But I try completing eagering requirement if it is no deposit bonus when I risk nothing

Yeah, I need to make a mental note to never take the signup bonus.  Signup bonuses really need to be changed to reasonable terms but that will never happen unless the users demand it.  I don't see that happening anytime soon unfortunately.  :(

I guess signup bonus with term high rollover its normal, because you got this free. I never can withdraw when i got singup bonus  :D

Ive never once been able to complete a bonus. Not even with fiat sites like Bovada. If you have a large bankroll to 'complete' or 'unlock' bonuses the return you get isn't significant vs what you risked to achieve it. Or in your case, they just dont let you withdraw.. I just play to play. Never anything big enough to get the 'perks'

I do not recommend any signup bonus
They all have huge rollover requirement to withdraw your money and when you try to rollover you lose it for sure

Good question and good tips.

You write about bitcoin casinos?  You should do an article or something on the subject to get it out there that no one ever benefits from signup bonuses and the terms need to be changed.  Like I said, I don't think we are ever going to get anywhere with this but it is worth a shot.  I hate how the big sites make it sound like it is an uber good deal and they are practically giving money away.

35X-50X rollover for first deposit bonus is a bait, it is used for eating all of your deposits, AFAIK, only a few people can complete this ridiculous high rollover actually.

i only use no deposit bonus and I have redeemed some money from this kind of bonus from some casinos, quite good cos it is funny and happy when I pass the rollover. if i lost it, i don't lose money of my pocket.

Not really sure what do you mean by sign up bonus, is it a deposit bonus or no deposit bonus? If it is a  no deposit bonus, so it should be a benefit for the players, because players can try the site for free (no need to deposit). But if it is a deposit bonus, it could be benefit for both players and the site. Benefit for players when they could complete the rollover and won a lot of money, but it is benefit for the site if the players could not complete the rollover and busted all the bonus + their own money. :)

Personally hate them. I feel like they're just a gimmick to force you to gamble more and longer than you want. The last ~5 casinos I looked at, the maths puts you as far better off to not claim the bonus. And you're not trapped either, which is nice.

Those signup bonuses - never cashed out from them in my experience.
but normally I will just apply for those no deposit required 1,
therefore, at least I didn't loss on my own money.

Yes, I was referring to deposit bonuses.  I guess "signup bonuses" popped in my mind because usually they are offered when you first signup for the casino.  And I don't see how it could benefit both parities at the same time.  One side has to loss for the other to win in this business, right?

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I don't think they are cool with going to threads and posting referral links.  Yes, it may have relevance here but they go pretty hard with that rule.  Well, I don't even know if it is, in fact, a real.  I just know they are sticklers about it.  I would just remove the referral part of the link and then you are good to go.  :)

Yeah but those ones are extremely hard to complete as well and most casinos make it that you only get like 25% on roulette or blackjack and only slots it's 100% which is bullshit, a rollover of x20 would be x80 if you played blackjack, we all know casinos are an indirect scam but when they do that it's ridiculous.

Yes you are right.. but I did not say that it could be a benefit for both parties at the same time, did I?  :)
I myself prefer to avoid deposit bonuses, but sometime I take it especially when my deposit is only a small amount and when the rollover is not quite high. ;D

well at least it doesn't hurt
I was able to turn 0.005 in Lucky Flop to around 0.5 , they had nice freerolls and this 0.005 was a good help in the beginning to discover the place
but in casinos I was never able to cashout or to win form the bonuses due to wager requirements

Most sign up bonuses requires a minimum wages before it can be available for withdrawal. If you are lucky enough then you can profit from it but in my case, I have no luck I always lose it. so yea.

i lose most of the time so i don't get to the withdrawal part often :)
they usually don't let you withdraw the bonus unless you play a certain amount but i have never encountered the withdraw minus the bonus. it shows that the site is doing pretty badly that they can not afford to give away the bonus.
as far as my experience goes i did get a nice bonus on tothemoon site and played a little and won more and withdrew all of my balance which went through smoothly.

I hate signup bonuses because they are always tricky and it makes me lose money, I stay away from them

If you deposit enough to survive some unlucky streak, then your bonus is your best friend, so better deposit 1 btc and "rollover" your bonus :)

All sign up / deposit bonus is very impossible to withdraw, wagering is absurd 35-50 x, is better search any sport betting (non in bitcoin) with deposit bonus for only one bet

I wouldn't say help or hurt. They're mainly designed to get you playing there & they hope you enjoy their site & play regularly. I doubt anybody wins big with their sign up bonus. It's just to attract you to the site & get more money out of you in the long run ;D

There are two types of sign up bonuses, in one you don't need to deposit anything and those are the ones with huge wagering requirements but since they're free, they don't hurt even if you end up losing them.

The other is first deposit bonus and they can hurt but usually sites allow you to choose whether you want the bonus or not. So if you think you'll not be able to make the wagering requirement of those just don't apply them.

It is still better than no bonus at all. You have a chance to test casino services and see how things are going on. These bonuses are just encouragement method.
Do you think owner of the casino could afford giving everyone free money? Casino is a company not charity.

Sign up bonuses are designed to lure you in to gamble and besides there are always a catch that you have to wager certain amount to withdraw which in most cases its too pretty high..

Never helps me.. Most of them are just scams to get you using the service but it near impossible to get paid out.,

Excelent post!

Whilst a casino bonus is overall a bomus, normally I sign up with out bonuses as many casinos won't let you withdraw even your deposits as you have to meet the rollover criteria for a bomus you might not have evn wanted ...

There are few people that made more than 0.1 btc from small amount- 200 satoshi. You just need a lot of luck and patient

He didn't that's a new referral program not a link to personal referral........must be another sig farming thread...sigh ty signature spam

I've been really lucky with sign-up bonuses. I made 70mbtc from 0.03btc signup bonus, and another 0.05 from 10mbtc bonus. Seems like I'm the only one to be lucky with bonuses here.

No! It is better to play just with your money you have a chance to withdraw if you win something

Alot of the bonuses are for you to play the site for cheap and get a feel for it, they are not meant to be easy to complete. When you signed up did you read what the wager requirements were? Most are between 30x-50x and is possible but not everyone gets them complete, I have had a few I've completed and over all am up from bonuses. There are some ways how to get a slight edge  :P

lol, deposit 1 btc and get 1 btc bonus, and then it is still easily busted, unless deposit more, but depositing more bitcoins may mean that losing more bitcoins and still can't withdraw.

IMO casino bonus is a bait and it is bonus for casinos, not for us actually. That's why most of people can't complete the high rollover and bust.

This should be known to first time online bitcoin gamblers.  Basically these "bonuses" more betting before you are able to withdrawl anything.  It is so lame in my mind.  Why go back to a site that basically made you gamble extra in hopes to make sure you lose?  I know, it was in the terms but how many first time gamers read it correctly the first time?

Please give me site name.

Signup bonuses are usually next to impossible to withdraw so you need to becareful. Because most sites make you risk about 30 BTC just to get 1 BTC of bonus which is just not worth it.

The chances of this scenario are very few indeed, luck is always an ally.

What?  A site name of a casino that does this?  Basically all of the big ones do this.  I understand you may have meant something different and enlgish is not your best language to talk with but I thought I would reply since I started the thread.  :)

yeah some sign up bonuses are just traps to get you into the site and you cannot withdraw unless you risk too much, it worked out in my favor one time, I just kept on spinning £15 slots to meet the wagering requirement before I could withdraw my £

With all bonus casino, i have play win and withdraw, only with 1 new bitcoin casinò with giveaway free 0,05 btc and i win more bonus to slot machine and withdraw more o less 0,2 btc, but i don't remember the name  ???

yes..my english is poor.....i m saying what gambling site is best profitable?

Profitable? lol. The ones with the lowest house edge are the least unprofitable ;)

Personally I don't care about any bonuses with rollover requirements but I know poker players which are experienced at grinding bonuses and move from site to site when finished with the previous one. Casino bonus - it's doable but more difficult and would require more time.

I personally lost every time when I have this bonus just because of this now I am avoiding these and never trying to touch because rollover rule is so harsh

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Umm, looks like you are advertising your own site here. The OP was asking whether it was helping people in any way not asking for any site about signup bonuses.

It's the whole point of sign up bonuses. Nobody gives free money away.

Its right they are not giving free money its just for fun because most sites cheating just in name of sign up bonus

Indeed, nothing is free.  ;)

Yeah its promotion for them, people play with the free bits for some time, get bored then play with their own money and lose. Thats how they run the business.

I remember when i spin the wheel and hit a x10 from my $10 bonus sign up and i was very happy indeed.. Its about dumb and luck..

I have always seemed to have lost all of the signup bonus in an attempt to reach the minimum withdraw

Are you serious there were casinos give sign up bonus but the requirement is only minimum withdraw instead of rollover requirement? It should be easier to earn mbtc then...

Signup bonuses is useless to me as the rollover requirement is just too high but you can blame the casino as they would want everybody to withdraw from the website using the 'bonus'.

Anonibet used to have a 10% deposit bonus scheme for it's sportsbook that could put you at a mathematical advantage over the house, however they stopped it once someone figured out how to exploit it and started telling other people.

For the most part though deposit bonuses are designed in a way that in order to clear your rollover requirements you pretty much always have to lose your initial deposit and deposit some more. That said, if you're just playing for fun and want the BTC you deposit to last a bit longer then they're great.

You know why people don't like you guys? It's because of spammy posts like this. It's a shame, because your product is actually pretty cool.

nah..i have got my signup bonus from all sites that i have visited..
out of all cloudbet was awesome.

Yep. Apart that they don't allow you to withdraw the amount until you reach certain threshold they set, you will eventually lose the earnings when you play more. Either they don't really want someone to win when you become too greedy :)

Sign up bonuses have helped me.
I've been on bet365 and it helped me when gambling with real money.
But I've never tried it with crypto currency.

Is signup bonuses the same as 1st investment bonuses? I think it is. I succesfully cashout my bonus once because I invest in small amount resulting to small wager requirement. I have another bonus of (BTC1) in one of the gambling site but it's take time to meet requirements resulting in giving up.

For those no deposit required bonus,
never meet the wager requirement once,
even small amount of bonus.

Sometimes hv luck with the deposit bonus,
as those wager requirement is just x2 or x3,
it is easy to completed ;)

signup bonuses must wager requirement x35 to x50
its very hard but x3 or x2 its easy for me
will lose if x35 its true,nothing signup bonuses

I´m in the other side, never tried with real money, just crypto.

Never heard any sites give x2 or x3 rollover requirements on their deposit bonus. Its good to be true, the sites must be in a huge lost :)
But if it is true, could you please share with us what sites which requires only x2 or x3 on deposit bonus?

+1, i am also eager to know the casinos provide 2X or 3X rollover, imo it is impossible, casinos are not charity organizations, 2x or 3x is too easy for withdrawing, very easy.  ;D :D I am afraid those casinos will be bankrupt if they offer this kind of bonuses, haha.

Currently I see fortunejack has 30x rollover which is quite low, but their bonus is different with others, they release bonus after wagering, not instant added, it is the other kind of bonus.

I have bet on bet365 and I think their initial bonus could have been withdrawn just by a rollover of 2-3 . But there doesn't seem to be anything in bitcoin . Cloudbet could work as they start releasing the bonus after you wager around that amount.

anyone knows any of those sites with such wager requirements which accept bitcoins? i would really be keen on trying my luck there, as most probably i would be able to withdraw the balance :D

i believe that no one really offer such things, or if they will they wont run it for long as people will start abusing it and the casino would soon go bancrupt

Currently a new casino called Playtodos.com seems to be offering 0.01 sign up bonus with no wagering requirements as per their conditions written in OP:


But the real catch I learned when I went to the site is you have to download their software to register and play and I am not so keen to download new unknown software for god only knows what might they contain, so you can try it if you want and if you're not worried about installing unknown apps on your pc. But I'll pass.

If they really give out that, I might try it using the emulator of android, so if something bad happens it's just inside that machine.

thats the point of a bonus though, they come with the wager requirement so that you will play a lot on the site before being allowed to to withdraw; and keeping in mind that casinos are for-profit entities, you are bound to lose. its not a sure thing, but its quite likely imo.

this giveaway still on
and i can withdraw when i got signup bonus?

if you thought this thread was for some sort of bonus or giveaway, youre wrong, this is just a discussion on bonuses that the casinos offer.

sign up bonuses which require you to wager are not bad if you have the bankroll to fulfill it, starting with a bigger bankroll will give you a much better chance of making it as ive learnt smaller banrkrolls provide little buffers from bust :(

i'm sorry. i dont know about it.
i think this for the giveaway.

I dont understand what you meant with bigger bankroll. Every sign up bonus is same need wagered. Even when you deposit with big amount is guarantee you able to withdraw you balance.

I love signup bonuses, I made a lot of money using them. Usually in sports betting and using betfair as well (I would bet in both houses, the one with the signup bonus and then betfair. That way I would cover all the possible results, and since I was using a signup bonus I would only lose a small percent of it because of the difference in the odds, but I would still get a good profit). It was good for me and the houses, since it was a normal bet for them.

Is it easy to get signup bonuses in btc sports betting? I just started but I did not found any yet.

i m intersted. give me some site name.

This thread is created to discuss what do you feel/think about signup bonuses, is it help you or hurt you? not to discuss the sites that gives the bonuses. If you want to know the sites name, better for you to look around on gambling section and games & rounds section.

nearly all casinos have deposit bonuses but to withdraw the bonus you have to do incredible rollover requirements what most probably would lead you to loosing everything

You should keep tabs on Games and Rounds board in that case, you can get some good ones probably every every week if you're lucky.

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That was casino strategy to gain more visitor to bet before redeem the reward just like faucet on dice site.
I'm wonder why casino just implement faucet like dice site to let new bettor play the game


I saw this one can withdraw BTC 0.01 bonus without any term of roll over, is that true ?

this bonus, only for use, you can get the game credit using bonus
good luck.

yes, it is, good luck!

Yeah, I've never had very good experiences with sign up bonuses.  It's mostly like it's just a big tease and then I never end up really seeing the bonus.  You have to wager way more than what should be reasonable before you even see your bonus.  I remember playing fiat sites and they just give you the sign up bonus right away after your deposit with no limits or wager stipulations. 

I've had some really good experiences with sign-up bonuses(my strat is a secret one xD). Had many "big" cashouts from small bonuses, for example 75mbtc from that birwo's 30mbtc bonus(with 50x rollover), 50mbtc from flutterclub's casino and many more.

I also try this but every time I have message connection fail is this site restricted for some areas or any other problem

Fiat sites match up your first bet with cash up to a fixed amount and this usually doesn't require any rollover. In reality fiat sites are way ahead of bitcoin ones. I love Betfair  8)

The website in my sig gives bonus on every 500th roll that too 0.05 to 0.1 btc. There is no signup however. but it helps. + there is a bonus ball.

Actually OP is referring to deposit bonus, so it is not a free money. But you're right that its hard to complete the rollover requirement, a player need to have a good strategy and great luck in order to complete the rollover. I have completed 35x rollover requirement in two different sites and I used this strategy : First I play blackjack with martingale, and after I won at least 2x of the bonus amount I started to play on Slots that has free spins rewards. Played the slots with the minimum bet only, of course I was just so lucky at that time :)

I did try your strategy too but it is not that easy for me. I used to play blackjack until 3x or 4x my base but when Im playing slot, Im no luck at all, always lose it without noticing it because I use autoroll and the result is I got nothing from it. Thats why Im not use this kind of gift away anymore  ;D

It's nothing like Signup bonus, do don't receive money at the beginning so it is totally different type of promotion. Also if you already placed 500 rolls you probably lost way more than 0.05 or 0.1 BTC you will receive as bonus. It is more like a compensation gift that really is not that amazing (500 bets, duh). I once received €20 at Jetwin - that is real signup bonus.

But how much wager to withdraw ?
I think a dice sites gives bonus need wager to withdraw.
And very hard to get wager for it.

I never liked them and avoided. I simply don't find it profitable that the website requires me to play until a certain amount or wager to be able to withdraw my money.

The site in his signature is not a dice site but a kind of plinko games. In this case, AFAIK there is no rollover requirement because it is just like a bounty to anyone who hit a specific number of a roll.

Ye no wager amount required. Its on chain so no withdrawals also. Automatic and instant payouts are there.

So if my bet get 500th roll i will get bonus 0.05 to 0.01 btc even my bet win i still get that bonus?

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you're lucky, usually people aren't able to meet the 30+x wager requirements, and end up losing their entire deposit. that's what the bonus is meant to do anyways. there isn't an incentive to offer a bonus if the casino isn't getting something out of it.

Some gambling sites that offers bonuses requires you to reach a certain amount of activity in order to make the bonus available for your disposal. While some people can't afford to wait for that, they just leave their account's bonuses there and abandon the account.

Sign up bonuses are like double-edged sword. Personally I like the way gambling sites are promoting their games and services. I took those bonuses as a play money from the start and if i manage somehow to turn this money to real one, well than i am a winner. But that takes a lot of time and we are by nature impatience. So, bonuses are not meant to be taken seriously.

As far as i know sign up bonus is different with first deposit bonus. In your case i think its a first deposit bonus. All deposit bonus indeed mostly just gonna hurts us because rollover requirements should be done before we can cash out our money. But i do love signup bonus since its all free from the casino for us to try their games.

signup bonuses are cool as long as you dont have to deposit anything to get it, if you have the rollover will be huge and it will be nearly impossible to get enough to meet rollover requirements and withdraw

Signup Bonuses are great for casinos. They aren't great for the user ;)

Like most things, even the signup bonus will usually favour the house. God-tier rollover requirements will usually be the catch for the signup bonus, and a deposit quite often as well. The entire point of a bonus, after all, is to retain players. That's not to say they're bad, though, they can be pretty nice.

there are small amount of players that manage to complete the rollover and when they do that they cashout big amounts of money, i believe that it can be really beneficial for players

Is no signup bonus, but i really hate the "giveaway" to the forum for more casino "free xx mBtc , only x50 roll" and later roll, you see the rules "the withdraw is permithd only you have deposit xx Btc"

Once i deposit 0.04 on bitcasino and got 0.08 total balance with the bonus, have some luck on slots and at end i withdraw that 0.08, i think i was really luck, i try i again like 3 times and always busted.

if the sign up bonus requires players to play slots in order to count into wager requirements then it is nearly impossible to wager enough to withdraw, though i once nearly did it as i wagered 76 mbtc out of 100 in order to withdraw

Yes, Cloudbet has a better system, since the bonus is released in small pieces as you play.
I managed to break away from all gambling, but Cloudbet was one of the more interesting memories.

In fact all site does not require players to play only on slots except site that only has slot games. All games has contribution to the wager amount but has different percentage for each game. And yes slots has the highest contribution (100%), slots game is the fastest way to complete rollover but if you are a patient person you may try other games like blackjack or roulette to complete the rollover.

Sign up bonuses is a big help for starting especially when testing a gambling site. It will help you try that site with the bonus then later on investing some bits if you find it better than others and if you also feel lucky there.

I agree with you, it does stimulate people to gamble indeed.

Where do you read that the bet has to be > 0.05 btc?
I cannot find any bet size requirement on their main thread, and in fact michael23 wins the 6000th bet bonus with a 0.003 btc bet.

Signup bonuses always benefit the house, you're always going to eventually lose, thus giving them your money and their money back.

thats not true, there are some people who benefit from it as they manage to complete the huge rollover and withdraw big money, of course there are not a lot of them but still its possible

I guess you're right, but the majority of people lose. So this is good for the house.

90% of the people going to loose that money hence it is most of the time benefit to the house. User will loose his/her money + signup bonus

I'd say 90% is too low, I think it should be around or even more than 95%. When the chance of people can complete the rollover requirement is 10%, I'm sure there will be no more sites offering such kind of bonuses because it is not good for the sites.
 

My estimation is also over 95%, AFAIK, I never heard anyone who completed and profited from 1btc bonus plus 1 btc deposit, very easy to bust 2btc before completing high rollover, a few lucky guys can get 1.X btc in the end, super lucky guys may get many coins profits, but only few.  :(

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