All Australian online casinos offer bonuses to their players. New players are offered a welcome bonus package to entice them to sign up. Existing players are offered regular reload bonuses so that they do not wager elsewhere. There are different types of bonuses available. In this section we explain these to you along with the special terminology used in the bonus terms and conditions. However, two things about bonuses need to be stated upfront. You are in no way compelled to avail of a bonus that is offered. Should you choose to claim a bonus, you must do so only after reading the complete terms and conditions.
Deposit bonuses are the most common type of bonuses offered at Australian online casinos. As the name suggests, you need to first make a deposit before the bonus is made available to you. Usually the bonus is specified as a percentage of the deposit. A 100% deposit bonus means that if you deposit AU$150 you will get a bonus of AU$150. Two of the common conditions need to be explained here. There will be a minimum deposit eligibility requirement for you to claim the bonus. They will also be a limit on the bonus that is offered. The bonus offer will usually read as follows: A X% deposit bonus, subject to a minimum deposit of AU$Y and a maximum bonus of AU$Z. Some Australian online casinos offer a flat bonus when players make a minimum deposit. This is usually specified as follows: A bonus of AU$X when you make a deposit of at least AU$Y.
Welcome deposit bonuses are special bonuses offered to new players. They are usually larger than the regular reload bonuses, but can be claimed only once. Some of the best Australian online casinos offer a welcome bonus not only on the first deposit, but on the first few deposits. This way, the entire welcome deposit package can be well over AU$1,000. Also, if you do not claim the welcome bonus on your first deposit or deposits, you cannot claim it subsequently. Therefore read the welcome bonus terms and conditions carefully and make a considered decision when you sign up.
In the no deposit bonus you are not required to make a deposit before you claim the bonus. But there is no such thing as a free lunch; therefore they would be some other requirements. There are two types of common no deposit bonuses. One is offered to new players and the other is offered as a prize in promotional events.
Some Australian online casinos offer a no deposit bonus as the first step of the welcome offer to new players. The objective is to allow you to try out the online casino games before you make a financial commitment. This bonus is a small one, in the range of AU$20. If you up do not win anything from this amount then the bonus ends there. However, in the event that you win you will be allowed to withdraw your winnings only after making a commitment at the online casino, by way of a deposit. If you do not want to play further at the online casino, you need not make the deposit, but then the winnings cannot be withdrawn.
Many Australian online casinos regularly hold contests for their players. The winners of these contests are given bonuses as prizes. In such cases you do not have to make any deposits to claim the bonuses because you have already performed the activities required to win. Here it is important to understand the distinction between cash prizes and bonus prizes. Cash prizes can be instantly withdrawn. Bonus prizes are free wagering money, the withdrawal of which is subject to a number of other terms and conditions.
Free play and free spins bonuses may be of the deposit type or the up no deposit type. It depends on the specific offer. You may be given an amount to wager on specified games or you may be given a specific number of wagers of fixed amounts on given games. Usually if the games are online pokies then the offer is referred to as a free spins bonus. If the designated games include table games then the offer is referred to as a free play bonus. The wins from the free play or free spins are usually treated as bonuses and subject to wagering requirements.
The free spins bonus is the commoner type. If you are given a free spins amount to wager on a selection of online pokies, then you can distribute the amount in any way you want on those pokies. Also you can set, and even change, the betting parameters as you deem fit. If you are given a number of free spins then the line bet will be specified and you will have to wager with all paylines activated.
Some Australian online casinos offer a free spins bonus as a part of the welcome package to new players. When the players sign up at the online casino they are given a fixed amount or a fixed number of spins to wager on a popular online pokie. This has to be completed within a specified time of signing up. At the end the players can cash out the winnings from the free spins subject to certain terms and conditions.
High rollers and VIP players get special treatment at Australian online casinos because they wager large amounts. The distinction between high rollers and VIP players is neither clearly not consistently defined. Certain bonus offers are such that they require larger than normal financial commitments from players who want to avail of them. These offers are open to all players and not only designated VIP players. You will need to make a large deposit in one go to avail of the bonus. Automatically the amount required to meet the wagering requirements will go up. In some cases the wagering requirements themselves may be higher. Before you accept such offers you must be sure that you can meet these commitments. Some Australian online casinos will have a separate welcome bonus for high rollers and another one for regular players.
Australian online casinos have different loyalty levels for their players. As you deposit and wager larger amounts you move to the higher loyalty levels. The players in the top loyalty levels are known as VIP players. As you move to higher loyalty levels you are given more attractive deposit bonuses, and VIP players get the best. The attraction can be in the form of larger bonus percentage or larger upper limit on the bonus or more frequent bonuses. VIP players often get a special type of bonus known as cash back on losses. A certain percentage of the money they may lose to the online casino is returned to them in the form of a bonus.
Cashable and Non-Cashable Bonuses
Bonuses are essentially free money given to you by the online casino to wager. You are allowed to withdraw the winnings from this wagering subject to your meeting the terms and conditions. If on your meeting the requirements, you are also allowed to withdraw the bonus then the bonus is called cashable. If you are allowed to withdraw only the winnings and not the bonus, then the bonus is non-cashable. Whether a bonus is cashable or not is specified in the bonus terms and conditions.
When you are given a bonus against a deposit it is usually not sufficient to wager the deposit and bonus once. You have to do this a specified number of times before being allowed to withdraw. This is referred to as the wagering or rollover requirements. The most common way of specifying the wagering requirement is as follows: The deposit and the bonus must be wagered X times before a withdrawal may be requested. For a 100% deposit bonus of AU$100 and wagering requirements of 30 times, the total amount you need to wager before a withdrawal is calculated as follows.
Sometimes the wagering requirement may be specified as a multiple of the bonus alone, particularly in the case of no deposit bonuses.
Different game categories contribute to different extents in meeting the wagering requirements. Online pokies usually contribute 100%. So if the wagering requirement is calculated as AU$6,000 then you have to wager AU$6,000 on online pokies. But if you wager on a game that contributes only 50% then you will have to wager AU$12,000 to meet the wagering requirements.