Online casino bonuses for Australian players
Bonuses, in one form or another, are present in every online casino and it would be strange if they were not. Before you register at an online casino, you should carefully inspect the casino site to find out details about bonuses because some are not at all profitable when considering time/money spent vs. potential earnings. Top casinos reviewed on this website have a comprehensive suite of bonuses, meaning they are of different types and are targeted at all categories of players: beginners, high-rollers, mobile users, etc. Finding a casino with an excellent supply of bonuses is a key to having fun, entertainment and extra profits. Below you will find in-depth info on the types of casino online bonuses available for Aussies.
Casino welcome bonus
This is perhaps the first bonus that you get upon registering at the casino. In most cases, a welcome bonus is calculated as a fixed percentage of your initial deposit. If you see a collocation like “a 150% welcome bonus, up to $500”, you should read it as “a bonus that is equal to 150% of the first deposit, without exceeding $500 in bonus money”. Oftentimes, an online casino features a sequence of bonuses applied to several deposits made in a row. A welcome bonus may be unblocked automatically as soon as the first deposit appears in the player’s account. But in some cases, the player must announce his intention to make use of the bonus by clicking a related button in the dashboard, or by sending a message to a customer support agent or in any other way according to casino rules.
A welcome bonus needs to be cleared or wagered a specific number of times before the bonus money is converted into real money. The wagering requirement is usually specified in bonus terms and conditions, and this is a decisive factor that must be considered before claiming the bonus. If the wagering requirement is low (x30 to x40), the bonus is definitely worth your time and effort. But if you must wager the bonus money more than 50 times, think twice before starting it because the chances of deriving profits from the bonus decrease as the playthrough value goes higher. Let’s consider the following example to make it clear how a welcome bonus is played through. Suppose, you have injected $100 into your account and received $100 in bonus. The bonus plus deposit must be wagered 40 times, meaning that you must bet $4000+$4000=$8000 in total to have your bonus money transferred to a real money account. One more thing: Keep in mind that games can contribute differently to a bonus, for example, pokies are counted at 100% but blackjack would contribute just 10% towards meeting playthrough requirements.
Sign-up online casino bonus
A sign-up casino bonus differs from a welcome deposit bonus in a very noticeable way. A new player receives a sign-up bonus immediately after creating the account, hence the name. Making a deposit is not an essential condition for having the bonus activated. Just enter the online casino that features this kind of bonus, pass registration procedures and see the bonus money credited to your balance. Sign-up bonuses tend to be of small size, usually around $10 to $50, and they are also subject to wagering x20 to x50 times. There are but a handful of casinos that feature sign-up promotions.
Free spin casino bonuses
Pokies are extremely popular with online casino visitors. In view of this, casinos come up with frequent free spin bonuses aimed at pokie fans. Being a great incentive for many gamblers, free spins come as a standalone bonus or part of a welcome package. A scenario of how the bonus works is fairly typical across online casinos. The qualifying player receives a fixed number of free spins (usually 10 to 25) on a certain pokie (or a group of pokies pre-chosen by the casino), and the maximum spin bet is usually limited ($1 or lower).
After free spins are played, the winnings generated from them must be wagered according to bonus rules (usually, x25 times or greater, before cashing out). Note that the winnings are capped, meaning they cannot go over a certain amount, for example, $100. In this way, all free spin wins that exceed that upper limit will be forfeited and your final bonus win will be $100 after you will have played it through. Free spins are a no-risk bonus because you will lose nothing after completing them. The casino administration cannot force you to play through the bonus money if you, for some reason, think it makes no sense.
Free spins can be tied to a deposit bonus. For example, placing the first deposit hands you a match bonus plus 20 free spins. The second deposit also gives you a match bonus plus 20 free spins again. Lastly, no-deposit, no-wager free spins are the best option for the player, though they are rarely offered for obvious reasons: They are very expensive for casinos.
Gamblers are inspired to top up their casino account on a regular basis and receive deposit bonuses as an accolade for their active gaming. A deposit bonus can be one-off or recurrent. A one-off bonus is sometimes devoted to public holidays, Christmas day, celebrations or other events and it runs for a limited time. A recurrent bonus runs on specific days set to a weekly or monthly schedule. There’s the minimum qualifying deposit to redeem a bonus (usually, $5 to $20) and all deposit bonuses have the minimum dollar value of stakes that must be placed before you will be allowed to withdraw (wagering requirements). Bonuses of this category are ideal for gamblers who play much and place low or medium sized bets.
Deposit bonuses are widespread across the gambling industry and they are often advertised in casino’s email newsletters, unless you will have unsubscribed from these emails. Sometimes, the casino you are playing at asks you to enter a bonus code when you are about to claim a deposit bonus. But this is not a problem, as casino bonus codes are normally published at the casino of your choice.
Real money cashback bonuses
While some casino guests play occasionally, betting mere pennies, many gamblers love putting generous stakes into pokies or roulette. Unfortunately, not every gaming session ends in net profits. In a bid to encourage players and remunerate for their losses, some casinos have cashback bonuses that are a true helping hand for gamblers whose net loss within a specific period (a week or month) is superior to total bets in that period. A cashback is calculated at the end of any given weekly or monthly period, and is credited to the player’s account in cash.
The amount returned to the player is usually based on his VIP status at a casino. Users with recent registration and those who just stroll in to wager a few pennies can figure on 5 to 10 per cent in cashback, while players who have a much higher participation at the casino can receive up to 20 per cent in cashback. It stands to reason that high rollers will find this bonus very useful, though some casinos do have a cap on the maximum sum to be paid out as cashback (usually, a few hundred of dollars). Players of Australia are in with a good chance of benefiting from cashback because many online casinos listed here feature this awesome bonus.
Loyalty points in Australian online casinos
Real money betting is awarded in many online casinos but the award has a cumulative nature. This means that the player needs to collect gradually a certain amount of loyalty points (also known as comp points) that are granted at a fixed rate, e.g. every $10 wagered adds 1 point. Accumulating a threshold value of loyalty points entitles you to exchange them into actual money as cash. The more points you get, the higher your personal value in the eyes of the casino because the amount of points indicate how active you are in betting. Rules concerning loyalty points are not something that is set in stone and online casinos have different approaches to this bonus but anyway, with loyalty points, you always get something back every time you wager real money.