Online casino bonus and casino promotional offers are the backbones of every Australian online casino site today. They are available for both low stake and high stake players. The reason for the widespread of bonus offers is straightforward. There is stiff competition in the iGaming market as a result of the increasing number of casino sites.
Due to this fact, operators are using every possible means to lure as many players to their sites as they can. Making customers comfortable is their top priority. This article covers all the information there is regarding casino bonuses for Australian players. We have also included some of top the best Australian online casinos with generous bonus offers. Before we delve deep into casino bonuses, we need to know what they are.
What is a Casino Bonus?
A casino bonus is free money or an incentive used by casino operators to attract new players as well encourage loyal customers. The size and type of bonus offer will depend on the casino site you are using. For instance, one operator may offer all new player 100% welcome bonus up to $300 plus 20 free spins. Another may offer $10 no deposit to all members who join.
What is interesting about online casinos is that, unlike in brick and mortar, a single casino is allowed to reward a wide range of bonus offers. As you will learn later, casino bonuses contribute significantly to your bankroll. You will also get the opportunity to test different casino games and fun. Nonetheless, before rushing for any bonus offers, you need to understand the wagering requirements attached to them.
How Does a Casino Bonus Work?
Online casino bonuses are very easy to understand. Since there are different types of rewards, each one works uniquely. For instance, the welcome gift is limited to new members whereas referring a friend is available to all registered members. Additionally, each bonus comes with special eligibility requirements.
Most (if not all) Australian online casinos are offering different types of casino bonuses such as the welcome bonus, reload bonus, payment method bonus, no deposit bonus, high roller bonus, cash back bonus and match deposit bonus. Here is a breakdown of how each type works.
Types of Casino Bonuses For Australian Players
Welcome Bonus
The welcome bonus is probably the most common type and best marketing strategy. A welcome gift is primarily used to lure new players where it is offered in the form of matchup percentages. For example, a casino rewarding 100% matchup first deposit bonus up to $100. It means you will receive an additional $100 upon making your first deposit. It should be noted that welcome rewards are available in two main categories, withdrawable bonuses and sticky bonuses.
Withdrawable Welcome Bonus; this bonus does not require the initial deposit to play. Instead, you are supposed to play as per the wagering requirements. Typically, the wagering requirements of this bonuses are relatively higher, around 50X, which makes them quite difficult to profit from.
Sticky Bonus; it is more or less like the welcome bonus. Players are allowed to bet on both the deposit and reward, but the amount is not withdrawable.
No Deposit Bonus
When you are offered a no deposit bonus, it means you do not have to deposit funds in your account to unlock the bonus. The offer comes with different eligibility requirements. The most common is that you must open a real money account with the particular casino site. The no deposit bonus is offered as part of the welcome gift by the operator. Most casinos acceptin Australina punters will automatically credited the bonus into your account. Others will require you to use a unique promo code to unlock the reward.
The primary objective of this bonus is to allow you to enjoy playing real money games without risking your money. The good news is that you can cash out all your winnings after meeting the wagering requirements. To demonstrate your seriousness, you will be required to make an initial deposit of a certain amount before you are allowed to withdraw your funds.
Reload Bonus
Casino bonuses are not only meant for new punters. The reload bonus offers is what keeps your gambling thrilling after depleting the welcome bonus perk. Although they work more like the welcome offers, they are available to all registered players. The frequency of this bonus offer will vary from one casino to another. Like the welcome bonus, reload offers can be withdrawable or stick depending on the terms.
A good example is, you receive a 100% reload bonus up to $100 on all deposit made on the first day of the new month. Some Aussie casinos may choose to post these offers openly on the webpage or send them to players through email. You also need to consider the wagering requirements before you start using them.
Payment Method Bonus
Online casinos support a wide range of payment options. With these options, you can safely transfer your funds between accounts. To encourage players to use a particular payment option, they provide them with bonuses of different sizes. A casino may decide to reward all players who deposit with Neteller up to 10% cashback. Although this offer is not standard, it is worth your time and energy.
High Roller Bonus
Some online casinos reward players who bet more massive amounts with the high roller or VIP bonus. This offer is also available to loyal players who have accumulated enough bonus points to enable them to join the VIP club. Every online casino has set requirements for joining the VIP program. Of course, high roller members are eligible to exclusive treatments like personal account manager, birthday gifts, substantial cashback bonuses, an invitation to events, and much more.
Refer a Friend Bonus
Refer a friend bonus is not popular like the offers mentioned above but it is worth trying. You will be rewarded a certain percentage on the deposits made by the friend you referred. In some casinos, you will receive up to 50% on every friend who registers and deposits.
Free Spin Bonus
The free spin bonus is offered to online pokies lovers, and it usually comes as an addition to the welcome gift. The free spins are not only temporary but also limited to specific types of pokies. As well, they are played based on the minimum bet and the number of active win lines. The bonus offer is given for various purpose like popularising a new online pokie or in place of the no welcome deposit bonus.
Depending on the casino site, you may or may not be required to make a deposit to claim for the offer. Most casinos will credit your free spins winnings in your bonus account until you meet the wagering requirement terms.
Cashback Bonus
Unlike other casino offers, the cashback bonus is based on the player’s losses for a set period. Most Aussie casino operators allow players to request for a 10% weekly cashback on all losses experienced. The good thing with this offer is that there are no wagering requirements attached. Moreover, it can be redeemed into real cash.
What are Wagering Requirements?
A wagering requirement is the number of times a player is expected to wager a bonus before it is allowed to withdraw the winnings. For example, a casino is offering a $100 welcome reward which is to be played through 10x. This means you will have wager the bet at least ten times before you can withdraw your money. It should be understood that the wagering requirement doe not applies on the deposit and the bonus amount unless stated in the terms and conditions. All the winnings from the bonus will remain in your bonus account until its due.
Casino Bonus Tips for Australian Players
Are you new to online casino bonuses? We have compiled tips and tricks to help you maximise the chances of winning big with casino bonus offers. Next time you receive a bonus offer, try out this tips, and you will never regret it.
Use a Strategy
It is full to choose a strategy before playing with real money and sticking to it at all time. Your approach will depend on your skills and the desire for more significant wins. Choosing a good strategy will enable you to play the small stake games without messing with your account.
Set a Budget
No matter the casino game you decide to play, it is essential to play with a budget. You need to consider the amount you bet as an investment and not just a leisure activity.
Understand the Terms and Conditions
The first step before using any bonus offer is to read and understand the attached terms and conditions. Casino bonuses come with different times to be fulfilled before the winnings can be withdrawn.
Take Advantage of the Bonuses
The bonuses offered by online casinos are meant for different purposes. It is essential to use each one accordingly to boost your bankroll.
Never Play in a Hurry
In as much as most casino bonuses are timed and need to be used quickly, you need to take time and determine how best to benefit from them. Do not be in a hurry to use an offer that you have no clue about.
Pros and Cons of Casino Bonuses
One fact we cannot ignore is that online casino bonuses have their positive and negative sides. In this section, we’ve discussed some of the pros and cons of using online casino bonus offers.
Pros
Creates more winning opportunities; casino bonus offers will increase your chances of building your bankroll.
Free money; you will be able to play for a longer time using the free bonus money you will receive.
Free Spins; with the free spins, you will play different games and win real money.
Different types of bonuses; online casinos offer different categories to serve the different purpose. This is an excellent opportunity to take advantage and maximise your winning chances.
Access new games; online casinos reward players with free spins to try out new games in the market.
Cons
Wagering Requirements; most bonus offers come with wagering requirements as a strategy of keeping away jokers and bonus abusers.
Restricted games; in most cases, the free spins are limited to particular games only.
Limited time; casino bonuses are valid for a set time after which they expire.
Low cashout Limits; every casino has a cashout limit regardless of the total amount in the account.
Choosing a Good Online Casino Bonus in Australia
The fact that there are different types of casino bonuses makes it challenging to make the right choice. You don’t have to worry because we have shared some important aspects you need to consider. The first thing is the size of the bonus being offered. Is it worth your time and efforts? Secondly, you need to check the expiry time. How long will the bonus offer last? Thirdly, the wagering requirements attached. How many times are you expected to play through the gift before you can withdraw your winnings? Lastly, the cashout limits on the offer? What is the maximum amount you are allowed to cash out at a time? Other than the mentioned factors, you need to use a reputable casino site.
There are many online casinos accepting players from Australia. But what makes a good casino site? Well, factors like a variety of games, payment options, cross-compatibility, security and fair play, and customer support are what makes a legit casino. Below are some of the top recommended Aussie online casinos:
The Bottom Line
It is true that casinos always have an advantage over players. This makes casino bonuses very crucial in every gamblers journey. They offer the best opportunity to recover the percentage the casino enjoys over you. What is important is to understand the type of bonus you want to use as well as the terms. The sites we have listed are friendly to both beginners are professional punters. Gamble Responsibly.