Crypto Deposits and Casino Bonus Red Flags

Online crypto casinos continue to become more popular as gamblers seek fast and anonymous payment methods. Besides the speed, these casinos offer generous bonuses, from welcome offers to exclusive VIP rewards.

But do all these mind-blowing promos offer everything they say they will? Sadly, no. Some crypto casinos offer illegitimate bonuses or make them hard to claim. That’s why it’s essential to know how to differentiate between real and fake bonuses.

Read this guide to discover the casino bonus red flags to look out for. Learn how to evaluate crypto bonuses to ensure they’re genuine and to protect your money.

How Crypto Casino Lures New Players

Some crypto casinos usually offer lucrative bonuses to attract new players to their site. In most cases, the rewards are tied to the first deposit to ensure you spend some cash in the casino. You might also come across gambling sites offering huge welcome offers like a $10,000 no-deposit bonus.

However, once you start playing and winning, the casino might make it difficult to withdraw your winnings. In some instances, the casino asks for a small “verification fee” to process your withdrawal. If you pay, they block your account or vanish!

How can you avoid such scams? By having proper information. Let’s discuss the differences between legit and fake casino bonuses in the section below.

Differences Between Legit and Fake Casino Bonuses

Fake and unreliable online casino bonuses usually have noticeable patterns. Once you understand the main red flags, it becomes easier to spot a genuine and fake bonus. Below are some of the things to look out for:

Transparent Wagering Requirements

Most crypto casino bonuses have wagering requirements that show how much players must wager before cashing out their winnings. Genuine crypto casinos have reasonable wagering terms that are clearly indicated for transparency.

If the casino bonus has too high wagering requirements, like 50x or more, it might not be worth your time and effort. Fake casinos may also hide the wagering requirements or make them vague.

Clear Terms and Conditions

All casino promos have terms and conditions outlining relevant information about the bonus. Avoid casino offers with unclear, hidden, or complicated terms and conditions. A genuine offer should provide clear and reasonable terms.

Licensing and Certifications

Genuine crypto casinos usually have gambling licenses from bodies like the Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC). Before claiming any offers, check out the casino’s website to confirm it’s licensed and regulated.

Bonus Amount and Promises

Scams usually hide behind urgency-driven offers that promise staggering bonus amounts if you act quickly. They may also have unrealistic terms like unlimited withdrawal limits with zero deposit and no wagering.

You may also find a limited-time offer that promises hundreds or thousands in no-deposit rewards but doesn’t really deliver much as per the fine print. Only choose bonuses with realistic amounts and promises from a reputable operator or review site like Casinos.com.

Site Appearance

Another red flag is an unprofessional online casino website. Casinos offering fake bonuses have sloppy websites with broken links, typos, ads, and blurry images or logos. On the other hand, legit bonuses are featured on professional-looking websites with clear information and a clean design.

Online Reviews 

When looking for crypto casino bonuses, an online search can help you avoid losing money on scam websites. Legit online casinos with genuine offers have positive reviews from other players and reputable casino review sites.

If you can’t find any online reviews or the preferred casino has negative reviews, it’s a sign that it might be a scam.

How to Find Genuine Crypto Casino Bonuses

Ready to elevate your crypto casino gaming experience with nice bonuses and promotions? Follow these guidelines to help you choose legit casino offers:

1. Confirm the Crypto Casino Is Legitimate

Visit your preferred online casino and see if it holds a gambling license. Check how long the casino has been operating, their security measures, and fair play measures. The games should be provably fair and tested by reputable third parties.

Genuine casinos usually have a responsive website with clear details about their payment methods, certifications, and responsible gambling measures. If the crypto casino ticks all the boxes, it’s a green flag to proceed.

2. Reliable Customer Support

Top-rated online casinos with genuine bonuses offer 24/7 customer support via email, live chat, and phone. Their website also features a detailed FAQs section to answer common questions about bonuses, transitions, and other issues.

But if the online casino just provides a generic email address with no FAQs or contact page, proceed with caution. Other scam sites might only have a bot on the live chat.

3. Examine the Crypto Bonus Carefully

Once you confirm that the crypto casino is legitimate, review the bonus. Here are some of the things to check:

• Wagering requirements: Confirm that the bonus has clear wagering terms that are within a reasonable range of around 30x.
• Game eligibility: Genuine crypto casino bonuses allow players to try various games, including popular slots from reputable software providers.
• Bonus value: Check the bonus value to ensure it makes sense. However, beware that “too generous” bonuses might be a scam to lure you.
• Withdrawal limit: Besides the wagering requirements, the crypto bonus should have a reasonable cash-out limit, ensuring you can withdraw your winnings.
• Bonus terms and conditions: Always read the fine print and ensure you understand the bonus terms and conditions. Hidden, unclear, or complicated terms are a red flag and a sign that something is fishy.

Wrapping It Up

Whether you’re just starting your crypto gaming journey or are an experienced player, knowing how to choose the right bonuses is essential. Always scrutinize the online casino to ensure it’s legitimate before claiming any offer. Once you confirm the bonus is valuable and legit, claim it and enjoy your crypto gaming adventure.