Online Casino Bonuses Review
Online casino bonuses are a common incentive that Aussie online casinos use to encourage bettors to get involved with their site. There are numerous varieties of online casino bonuses and promotions, and each has its unique benefits and terms. At times these bonuses are to be redeemed via various bonus codes. Therefore, you must pay attention to such details if you want to grab the full rewards with ease.
Most Aussie gamers tend to have a lot of queries about bonuses, especially for the players who are new to the online gaming scene. If you’ve ever had any questions about promotions, then you should count yourself lucky. That’s because, in today’s review, we’ll take a look at some of the most popular bonuses and promotions found in Australian online casinos and everything surrounding them. Ready to dig in? Here we go!
· Welcome Bonus
The online casino welcome bonus, also commonly referred to as new player bonus or sign up bonus, can earn you lots of cash when you meet the wagering requirements. With this kind of package, you should brace yourself for some pretty cool perks immediately you sign up at the online casino site of your choice. Basically, the most significant thing you need to note is that for matched deposit welcome bonuses, the rewards can only be given to players once they’ve completed their sign-up procedure and made a deposit. The table below shows some of the welcome bonuses of top online Australian casinos that you should consider grabbing:
· No Deposit Bonuses
At times most of us often like to test waters a little before committing to a given online casino. And fortunately, these days you’ll find various Aussie sites that offer no deposit bonuses to try a few rounds before you can finally spend your real money. A no deposit bonus, also referred to as free cash bonus is normally given after signing up at an online casino as part of the welcome bonus. In this case, making the first deposit is not compulsory.
Hence, if you’re attracted to this kind of bonus, ensure you take your time and go through the fine print before proceeding. This is because the online casino might apply wagering conditions and withdrawal limits that you might find unbearable on account of offering you a no deposit bonus. Therefore, in as much as the no deposit reward may powerfully entice you, you could be barking up the wrong tree, particularly if the initial buy-in is affordable for your bankroll’s size. Remember, no deposit rewards could also be offered as ongoing promotions, so if you are not planning to sign up for a new casino, you still have a chance to grab such juicy rewards.
· Matched Deposit Bonuses
A matched deposit bonus is a bonus you’d receive at an online casino where a given percentage matches your deposit. For instance, if you load A$50 and the bonus is matched at 400%, you’ll be awarded A$200 in return. Similarly, if you load A$200 and the bonus match percentage on offer is 150%, you’ll receive A$300 in return. While taking advantage of a matched deposit bonus seems great, an online casino will normally apply a limit on how much they give bettors. That’s why you’ll normally see bonuses starting with things like ‘100% match bonus of up to A$1,500’. This is the way the casino expresses its limits.
· Reload Bonuses
A reload bonus is a cash bonus offered by online casinos to players who have placed a deposit before but have stopped betting at the casino since they have used all their funds. It’s different from a welcome bonus, which is a one-time offer to new players. Even though reload bonuses are normally lesser than welcome bonuses, they’re offered numerous times to one player and in the long term can work out to be more profitable. There are two varieties of reload bonuses;
Tiered Reload Rewards
The first type is one that is attached to your first deposit. The house may offer a multifaceted reward structure that will pay you out a couple of specified times as you keep loading more cash into your gaming account.
A case in point would be 150% matched bonus on your first deposit up to A$150, followed by a 100% match bonus up to A$100 on your second deposit, followed by 50% match bonus of up to A$50, and lastly a fourth deposit bonus of 200% up to A$200. In such a tiered bonus structure, the second and third deposit bonuses offer less than the welcome bonus. The fourth offers significantly more. This kind of bonus was invented when online casinos discovered most of the gamblers were making initial deposits just to cash in on the welcome offer. They were never reloading their accounts once their funds were depleted.
Such a tiered bonus structure seeks to reel the player in by offering successive reload bonuses. The expectation is that by the last (fourth) bonus the player is fine and truly hooked and will continue playing long term.
Ongoing Reload Perks
The second variety of reload bonus is offered to gamers who before deposited cash in the casino but have not signed in or wagered for some time. The one you receive relies on how long you’ve been gaming with the online casino. Normally, players receive this bonus via email, and they often require a code to trigger at the checkout.
· Daily/Weekly/Monthly Bonuses
These are special promotions offered by an online casino daily, every week or month to keep the gamers playing and coming back. Some of the promotions include free cash bonuses dollar for dollar match bonuses or unique drawings that could earn you cold hard cash to play on and win.
· Payment Option Promotions
These are bonuses certain online casinos offer for using a specific means of payment.
For instance, you might earn an extra 20% or 30% match bonus- added to the normal bonus if you use a specific payment method like Neosurf to fund your casino account.
· VIP/High Roller Promotions
VIP/loyalty bonuses are bonuses offered to players who have remained loyal to a given online casino and have played there for a long time. The more you play, the higher your VIP rank becomes. The higher your VIP rank, the better perks you’ll receive. It’s that simple.
They’re offered to players who are willing to make large deposits, like A$1,000 and more. The chief aim of the VIP/High roller promotions is to keep the well-experienced gamers playing at a certain online casino because they spend a lot more than other regular members.
· The Refer-a-Friend Offer
Just as the name suggests, the refer-a-friend offer is given to a player when they send an invitation to one of their mates. This is mostly done via email. Principally, this is a very attractive online casino bonus as you’re normally able to get quite a great deal of bang for your buck. All you have to do is simply inform your family, colleagues, and friends about the online casino. If they decide to register with the casino you’ve suggested and used you as a reference, you’ll receive a portion of their initial deposit. It’s a win-win setting right there! Free cash all around!
Cashbacks or cashback bonuses are offered as a percentage of all losses in the gamer’s previous betting activity.
Only deposits that were not matched with bonuses normally contribute towards this type of bonus.
Bonus Terms and Conditions
The most important part of promotions that many gamers tend to disregard is the terms and conditions. To give you an idea of what the requirements are like, some of the common bonus terms and conditions include:
This is one of the most important bonus terms and conditions. It’s also referred to as rollover or playthrough. It’s the number of times the online casino instructs you wager your deposit plus bonus or deposit alone before you are allowed to cash out your rewards.
◼ Didn’t get it? Below is an example:
Let’s say the casino wagering requirement is 35x. If you receive an A$500 bonus the casino requires you to wager that 35 times-or A$17,500 before you can cash out or have the bonus converted to real money. If it were 35x the deposit plus bonus, you’d have to wager A$35,000. So, you must never be in a rush to grab the bonus before you understand the amount you must spend before you can cash out your eventual earnings.
◼ What if you try to cash out before then?
Online casinos are different. Some won’t let you cash out. Other casinos will invalidate your earnings, which could also consist of any payouts you got even prior to redeeming the promotion. Sounds unfair? Perhaps it is, but then, you must remember those are the bonus requirements you okayed when you agreed to the bonus.
Most of the Aussie online casinos will exclude particular games from being played to clear their promotions. For instance, the most excluded games are of the low edge variety. They include roulette, blackjack, video poker, pai gow poker, and craps. Though the casinos don’t reveal why we’ve got some guesses for you:
Coin tosses – Certain casino games, such as roulette accept even money wagers on even/odd or red/black. These are like coin tosses since one bet could be a winner and the rest could easily be a loser if you bet on both sides.
Low house edge – variation only can cost online casinos millions of dollars within a very short time. This is because even without a perfect approach, the house edge for most of the casino games is not more than 5%. Thus, there’s no way the casino is going to add you a bonus on top of that. (Save for when the ball settles on 00 or 0)
Stakes on certain online casino games might not fully count towards the bonus wagering requirement. They instead have a percentage contribution. Most bonuses do have standard game weightings. For instance;
If blackjack games count by only 5% in rolling over, then an A$200 bet on blackjack will be calculated as A$10 for wagering conditions. Thus, if you have a wagering requirement of A$1,000 and you place a bet of A$200 on blackjack, my wagering requirement will decrease to $A990.
These are previously determined dates after which a bonus or promotion becomes invalid.
Payment Options Restrictions
This is where you’re not allowed to deposit cash or withdraw a bonus using a particular means of payment.
Online Casinos with Best Bonus Offer for Australians
Fair Go Casino
Joe Fortune Casino
Online Casino Bonuses’ Frequently Asked Questions (FAQ)
Some of the most common questions about promotions in Australian gaming sites include;
1. Are online casino bonuses worth it?
Of course, they are. You can always take advantage of online casino bonuses provided you’re looking to improve your bankroll. In spite of this, always remember that all the online casino bonuses come with various terms and conditions.
2. How do you get the best online casino bonus?
Getting the best online casino bonus basically relies on three factors. That is, the amount you are depositing, the percentage match being offered and lastly the wagering requirements that you’ll have to fulfil. To determine the bonus that suits you best, you’ll have to compare all these factors.
3. Can you withdraw an online casino bonus?
Sure, you can withdraw an online casino bonus after fulfilling certain conditions. However, some bonus rewards like cashbacks on your losses may come without any requirements, and you could easily cash the money out right away.
4. Can I grab two bonuses at a go to make more money?
No, in the majority of Aussie online casinos, the hose will only allow you to redeem one promotion at a go. You can only claim the next offer after fulfilling the terms of your current one or forfeiting it.
5. What should I do if I don’t get my bonus even after fulfilling the terms?
In such a case, read the fine print once again, and if everything checks out, the best thing is to contact the support team for further assistance.