Most players want to know which online casino offers them the best return on their investment. One of the ways they maximise their returns is by choosing the casinos offering the largest pay-outs via bonuses. Luckily, there are plenty of options for Australians looking to make money from online casino rewards.
List of All Online Casino Bonuses Available in 2023
+ AU$50 on your first two deposit
What are Casino Bonuses?
Casino bonuses are promotional offers that allow players to earn free spins or money while playing casino games. There are several kinds of prizes, some of which may be confusing. Regardless of their nature, they incentivize playing, leading to more player engagement and investment in the game. In other words, them allow players to earn free money, cryptocurrency, or bonus spins However, most them come with certain conditions or requirements.
How do I get my online casino bonus?
Getting an online casino bonus is pretty straightforward. In most cases, you’ll receive a welcome bonus as soon as you sign up and verify your account. In certain cases you need to redeem a coupon or in some cases, you just need to click on the claim welcome bonus tab to access the bonus.
Other such as VIP bonus or loyalty have certain conditions attached to them. For instance, a loyalty bonus might be offered to a player who have been a member of the casino for over a year or so. Certain others might require you to complete certain levels of play to unlock the bonus coupons.
What types of bonuses are there?
Casino Deposit Bonus
These are extra monte rewards credited to your account and your first deposit. It is often accompanied by rewards such as a spin bonus and other free stuff. Deposit bonuses are offered based on the money invested, such as a 50% deposit bonus added to the original investment. For instance, if you deposited AU$50, then a 50% deposit bonus means you’ll get an extra amount of AU$25 as a reward. However, most have a limit, such as a maximum of AU$200. Also, you’ll have to bet some of your money before withdrawing your bonus.
First-Rate Deposit Bonuses in Australia
win up to AU$200 at 50x the big blind
No Deposit Bonuses
These are among the difficult types to cash out, these are free spins or small cash credits without you having to commit financially. Although these are free , you’ll find that the terms and conditions required to cash out them are usually very tough. You’ll have to spend a lot (at least 30X your earnings) before withdrawing your no-deposit bonus.
Top-notch No Deposit Bonuses
Free Spins
It is a type of no-deposit bonus and is one of the most popular types of bonuses in recent times. Although the player doesn’t get a specific amount or percentage of money, they will get opportunities to play popular slot games. However, the player will have to spend some own cash before being able to withdraw the money made from bonus spins. If you get extra spins after making your first deposit, you will likely get fewer conditions than you would have to adhere to in the case of spin gifts. Some casinos offer you more than 10 or 20 spins, but you’ll have to wager a lot of your money before collecting the profits.
Excellent Online Casinos with Free Spins
Loyalty
These are one of the most popular loyalty programs online casinos offer. Check out the best loyalty with the best VIP programs online to earn many returns from playing online casinos. Most casinos offer some special contests for their long-term members. While these are the most beneficial rewards, they are the hardest ones. For instance, you might have to wait for a year before you are eligible to claim a loyalty bonus. Sometimes, you’ll have to wager a certain amount of money first.
Loyalty bonuses needn’t be in the form of cash or spin bonuses, and they could be anything, depending on the casino. Some casinos have competitions that offer the winners free trips, paid vacations, concert tickets, and so on.
VIP Programs
Cashback
These are used to ensure the players will get some of their money back even if they lose it while betting on their games. Casinos often offer cashback as bonus credits, allowing players to continue playing without adding extra funds to their accounts. Some casinos offer direct cash payment as well. For instance, casinos offer you a cash bonus if you lose a certain amount of money.
However, it might depend on how much you’ve lost by betting and are generally less beneficial than a no-deposit bonus. Nevertheless, it is one of the ways casinos keep their players interested and rewarded even while they are on a bad streak.
The Most Outstanding Cashback in Australia
Mobile bonuses
These are exclusively offered to players on the go. Such a bonus is available on a real money pokies or a casino app to ensure the players keep playing the games on their mobile phones. As more and more players are discovering the joy of mobile casino apps, mobile bonus is to get even more attractive in the future.
The Bonus Terms
Although there are several kinds of bonuses available, not all games are available for wagering them. In most cases, you’ll only be able to play slots. Casino games based on skill, such as blackjack or poker, where you can increase your winning chances due to your skill and experience, are not usually allowed.
Furthermore, most carry a wagering requirement. It is usually mentioned as the times a bonus must be wagered in particular games. It is indicated as ‘times’ and usually require you to wager a minimum amount to be eligible to cash out the winnings. That is, if you win anything and do not spend it on games while trying to meet the wagering requirements, you can withdraw what is left.
Additionally, sometimes the wagering requirements are tied to the deposit and bonus together, making it less advantageous for the player.
How to cash out ?
In most cases, you cannot cash out bonuses directly. The players can only cash out their winnings after wagering the bonus money in an real money online casino. These types are known as non-sticky or cashable.
In contrast, you have sticky, where you cannot cash out even the winnings, and all the money you win stays in the game. If you want to make money by cashing out, you should avoid sticky.
As mentioned above, even non-sticky generally carry a wagering requirement. Also known as playthrough, this indicates the times the bonus must be wagered in games. For instance, if the wagering requirement is 10X for a AU$10 bonus, you have to wager AU$100 in casino games.
If the wagering requirements are tied to the deposit and bonus together it becomes less attractive for the player. For instance, in a playthrough of 10X with a deposit of AU$10, the sum of the deposit and bonus together is multiplied by ten. In this case, you’ll have to wager AU$200. You can withdraw this money if you win more while trying to meet the playthrough.
Why a Casino Bonus?
Although them are more complex than withdrawing money from your bank account, they are the most attractive features of any casino. Casino Benefits come in different types and terms, and finding the best is a considerable challenge. However, when you find a trustworthy and safe casino with good prizes, it is worth every cent you pay.
But you should exercise caution while playing in a new online casino with the intention of how to make money. Check which are available and how to cash out even before you sign up. Also, check the wagering requirements, as the higher the wagering requirements, the lesser the chances of a win and withdrawal. However, some of the casinos have started offering no-wager bonuses recently.
Offers to Avoid
While casinos might seem all rosy and attractive to earn loads of money, there are certain offers you would better avoid. Here are some suggestions where you should avoid deposit bonuses, no matter how tempting they are.
When it Seems Less Than Legit
Limited or Slow Customer Service
If an online casino is not certified by a reputable authority steer clear of it, no matter how attractive the deposit seem. Only play on trustworthy sites which ensure your personal details are safe and your rights are protected.
If the casino’s customer service is slow or limited, it is better to avoid it altogether. Always read the player reviews before you sign up and if the customer service isn’t up to the mark, it is better to stay away from that casino.
If the site is Prohibited in your Country
Unable to Understand the Playthrough Requirements
Please take this seriously because if you are playing from a country where the casino is prohibited, then the casino is not likely to honour any of its promotions. You might be able to make deposits, but you might not be able to withdraw your winnings.
If you can’t make the head and tail of the playthrough requirements, then it is better not to proceed any further. Deposit bonuses have certain playthrough requirements that have to be met within a certain timeframe to be eligible for withdrawal. If you are unable to understand them, don’t proceed further.
Terms and Conditions
Value
Be wary if the terms and conditions of getting the bonus are missing from the casino’s site. If you can’t figure out the qualification for bonus, it is not worth spending your money and time on the casino. Deposit Prizes and other promotions usually come with strings attached and if the casino is shying away from laying them out in front of you, it is fishy. The terms and conditions should be clearly specified so that you know exactly what you are getting into.
If the deposit bonus doesn’t create value for you as a player, whether in the form of matching bonus that can be withdrawn as cash, or free spins, it is better not to get into it at all. If you feel it is too high a risk, don’t take the deposit bonus offer.
In short, although there are several situations where you should avoid taking up the deposit bonus offers, you shouldn’t dismiss them altogether without looking at them first. After all, these are ways you can maximise your money. But always exercise caution and don’t fall for bogus sites and claims.
FAQs
Free Spins allow you to play on slots for free and to win real money. You can earn them while playing most slots or receive them as a reward or bonus from casinos. Most casinos offer spin bonuses that are linked to specific games along with specific wagering requirements on the winnings. However, certain casinos offer spins without any wagering requirements – they even offer no deposit spins with no wagering requirements. It means any you won is yours to keep.
Yes, no deposit bonuses are free. Casinos offer these bonuses to prospective customers to entice them to deposit their own cash for further wins. They are also great for ensuring players spend more time on the casino site. In most cases, the casinos won’t allow you to withdraw your no deposit bonus until you meet certain wagering requirements. Hence, it is important that you read the terms and conditions because you may have to place the bet within a certain time to be eligible for withdrawing any winnings.
To decide what makes a casino bonus worthy, it’s necessary to consider the following features:
1. Deposit Amount – How much you plan on spending as the first deposit. It is always the best and hence most players try to get the most out of it.
2. Efficiency & Transparency – A lot depends on the reliability of and trustworthiness of a casino. No matter how good the bonus seems, if the casino isn’t secure or doesn’t offer good games and great customer support, it might be better to steer safe from it.
3. Wagering requirements – You must consider the wagering requirements too before determining the attractiveness of a bonus offer. Sometimes the bonus offer seems excellent, but the wagering requirements will render it nearly impossible to win any money. So always read the fine print before signing up.
Well, it depends on casinos as most casinos won’t allow you to use more than one bonus at a time. However, many will offer you multiple bonuses so you can use them one after the other.
Like any other promotional codes, casino bonus codes can be redeemed by inputting them into the appropriate box while making a deposit.
It is relatively easy to activate bonus code. The codes are usually displayed on the front page of a casino. But the more exclusive bonus codes might be revealed only when you browse a bit further on forums or other outlets.
Vikas Varier is a content writer based in Sydney. Previously, Vikas worked for different digital agencies as a writer. During that time he helped companies attract visitors and convert leads through cleverly written copy. He has degrees in Communication and Management from Charles Sturt University. In his free time he loves to walk around and cycle in the Royal National Park.