The term cryptocurrency gambling operator became popular a couple of years ago when some of the top-tier brands for online gambling started offering digital currency. People were skeptical at first, but once crypto became more popular, most users realized that crypto has many advantages.
Today, people have the opportunity to experience a lot of different sites for cryptocurrency gambling.
A lot of them focus on all kinds of things, whereas others specialize in sports betting or casino services. That said, those places have a lot of things in common, including promotions.
Obtaining an offer can be tricky, but users can get bonus offers quite easily by using the Cryptoleo promo code, which will grant them a special perk. Some sites aren’t ready to offer any crypto deposits yet, but others have more than enough deals for their existing clients and new signees, so here are some of the main differences that gambling fans need to know.
Differences in the deposit requirements
Most of the bonuses for sports betting and casino games you will come across while using a regular casino/sportsbook or a site that offers crypto services have a deposit requirement. Operators will require you to add money to grant you a bonus, and this amount can be different, depending on what you want. Websites call it a minimum deposit requirement, and it’s the lowest amount you need to input into your account to use the offer.
Despite the fact that both sites will have this requirement and people will need to add funds to use the given reward, the crypto operators are famous for requiring more money from their customers. Since the minimum requirement is in crypto and the latter is extremely volatile, there are instances where the minimum amount in Bitcoin can reach more than $100. These offers may seem like high roller bonuses, but in reality, they just have a higher minimum requirement because of the fact that they’re in crypto.
The bonus amount can be higher
As mentioned, people who prefer crypto deposits may have to wager more money than those who choose regular deposit bonuses. However, this doesn’t mean that the crypto rewards are not worth trying because they have one big perk, and that’s the bonus amount.
Whenever a given proposal is available in crypto and fiat currencies and gives extra credits, there is a good chance that the crypto betting version will give more. Besides the fact that the crypto’s price changes all the time, most websites prefer when their clients make crypto deposits. As a result, you can often find substantial differences, despite the fact that a given promotion is available from the same website.
Of course, having a higher bonus has its drawbacks, such as the high rollover requirements. The fact that you have more funds to play with means that you have to wager it more times to complete the playthrough condition and pull out your winnings. If you check the FAQs of most sites for responsible gambling, you’ll see that spending too much is a huge problem.
The rewards with cryptocurrency may not let you use the payment option you want
One of the most annoying requirements you may have to complete before you start playing is to avoid using a specific payment gateway just because you want to get a given offer. This is a very common restriction on some operators, and they may not let you use some of the popular digital wallets, such as Skrill.
A lot of people assume that there are no such restrictions when it comes down to cryptocurrencies and the things you can use for a given offer.
However, if you look at the conditions of each promo that comes with digital currencies, you will see that this isn’t the case.
Most people will be surprised when they discover that crypto deposits have even more restrictions than regular ones. Due to the specifics that come along with each cryptocurrency, some offers will only be available to people using a given payment solution like Bitcoin or Ethereum. In rare cases, a specific promotion may be available for a couple of digital currencies, but this is usually not the case.
Another interesting fact about those kinds of deals is that many may have specific restrictions on people who use some cryptocurrencies. For example, they may provide a more substantial perk to someone who gets a bonus with Bitcoin than someone who chose a different option.