Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at betbit.com and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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Bonuses and Promotions

Right from the start you can enjoy the generous bonuses and promotions Betbit.com has to offer. Not only is playing at Betbit.com fun and rewarding, you can participate in fun and exciting tournaments. Betbit offers unparallelled bonuses. You can receive a welcome bonus package on your first three deposits totaling 777% with 77 free spins on selected games! You can also win cash and prizes every month in live casino tournaments. On top of competing in the fun and exciting tournaments you can also receive cashback every week. Qualify and receive up to 15% Cash back every week!


Welcome Package

First Deposit Bonus

777% Bonus + 77 Free Spins.

Welcome to Betbit.com. Get your welcome package totalling 777% Bonus as well as 77 Free Spins!

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CASH OPTION

Re-deposit Bonus

Get 555% in Cash + 55 Free Spins

Betbit.com offers a Welcome Cash Option totalling 555% + 55 Free Spins!

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Deposit with BTC

Monthly Cash Back Bonus

400% Bonus or 100% Cashback

Deposit with Bitcoin and receive 100% Cashback + 100 Free Spins!

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Welcome Package

So, you found Betbit and are on the fence about whether you want to play for real money. You have the option of receiving a first deposit bonus of 100% up to 100mBTC on your first deposit. That means that you can play with twice as much funds. That's fun, right? Meanwhile, feel free to try out our games in FUN mode. When you decide to play for real, don’t forget to take advantage on this first deposit bonus. You are probably thinking, where's the catch? Well, like all casinos there is a wagering requirement of 45X the bonus + deposit amount. Until you meet the wagering requirement you can not make a withdraw of your funds.

Here’s an example to demonstrate how the promotion works. If you deposit 100 mBTC on your first deposit and would like to take us up on the 100% bonus offer then simply make a deposit. Any time afterwards you can email our support staff (See the contact button on the bottom right of this page). Our support staff can depsoit your bonus at any time. Hint, Play your deposit first, that way if you win you can automatically withdraw your funds. If you do lose your first deposit email us and we will credit you with 100%. That's a lot of funds to play with. Remember, The bonus wagering requirement is 45 times the sum of the bonus plus the deposit.

To claim your First Deposit Bonus make sure you have successfully made your initial deposit first. Then contact live chat support to submit your claim or you may send a written request to our promotions team using the email [email protected].

Cash Option

Looking for more bonus opportunities? Don’t worry, Betbit Casino has more to give. After your first successful deposit you’re eligible to receive a 25% cash bonus on your next four deposits, paying up to 1 bitcoin each! This means that after signing up and taking advantage of the first deposit bonus you have the option of receiving a re-deposit bonus on your second, third, fourth and fifth deposit with Betbit Casino. Just remember, there is a wagering requirement of 45 times the bonus amount.

Let’s use an example to clarify how the promotion works. If you make four re-deposit transactions for 250 mBTC / millibitcoins each and lose this deposit after playing, you will be able to request the 25% cash back bonus for each transaction. Four deposits of 250 mBTC / millibitcoins adds up to 1000 mBTC / millibitcoins total which is equivalent to 1 BTC / bitcoin. This means that 25% of 1 BTC is 0.250 BTC and since we already know 1 BTC is made of 1000 mBTC,we can now confirm that 25% of 1000 mBTC equals 250 mBTC which would be the total amount of your 25% redeposit bonus.

As previously stated, the bonus wagering requirement remains at 45 times the amount of the cash back bonus. Contact live chat support to claim your bonus or send a written request to [email protected].

Bitcoin Deposit Bonus

Not only do you get a first deposit bonus AND a redeposit bonus, you also receive a 15% cash back on ANY losses the previous month. That is a bonus on top of a bonus! Every month, Betbit Casino gives you a 15% cash back bonus based on all deposits that have not received a bonus already and encountered net losses. Therefore, if you have a bad streak you can get back in the game and go for it!

As always, the bonus wagering requirement stands at 45 times the amount of the cash back bonus. So, if you ever choose to redeem the monthly cash back bonus just make sure you submit your request starting as of the first day of the following month. The request can be sent to [email protected] or can be done contacting live chat support as well.