Looking for the best online casino bonuses? It’s important to know about the different types of bonuses you’ll be offered.
Some things to keep in mind when you’re choosing an online bonus:
In this guide, we’ll teach you the different bonus types and where to find them.
One of the most popular online casino bonuses you’ll encounter, a free spins bonus is exactly what it sounds like – the casino will give you a number of free spins on their pokies games. Sometimes you may be limited to specific games, and free spins bonuses may be standalone offers or combined with another bonus.
A deposit bonus – typically a deposit “match” bonus – is one in which the casino will match a percentage of your deposit. For example, if the bonus is a 100% match bonus up $500, the casino will match every dollar you deposit, up to a total of $500.
Reload bonuses are specifically for returning players who have already signed up at a casino, where the casino may match their deposit up to a certain amount, to encourage them to come back to the casino.
No-Deposit bonuses are offered to new players to encourage them to try out a casino. They’re exactly what they sound like – a cash offer that deposited into your account when a new player signs up.
A loyalty – or VIP – program is one where you earn points, cash, or rewards the more that you play. Every program is a little different, but they’re structured similarly, as players move through tiers and claim rewards based on how often and how much they play.
Our favorite Loyalty Program is at Fair Go Casino, where frequent Australian players earn rewards for play, get 40% cashback on losses, and much more.
Is there a certain amount you need to deposit? What are the game contribution rates? Be sure to read the terms and conditions of your bonus so you fully understand.
Some casinos will automatically give you your bonus upon depositing, others require a bonus code. It is important to know the difference.
The best online casino bonuses do not expire, but some do – again, be sure to read the terms and conditions of your bonus.
Wagering requirements can be the most complicated aspect of fulfilling even the best online casino bonus. Simply put, a wagering requirement is the number of times that a player has to wager their bonus money before they can make a withdrawal of their winnings. This was done in order to protect online casinos from players just coming for a bonus, and then leaving.
For example, you receive a bonus of $100, that needs to played through 20 times (20x) to fulfill the requirement. This means you would have to bet $2,000 before you can withdraw your winnings.
Sometimes, you have to add your deposit into the equation, so for this example, the deposit is $20. Simply add that $20 to the $100 bonus to make it $120, and then multiply that by 20 to get $2,400, which would be your wagering requirement.
This is where the terms and conditions really come in handy. Online casinos will have these terms and conditions for you to read, so that you know what you are getting into before you receive the bonus. If you have any questions, do not hesitate to reach out to the casino’s customer support staff. They can walk you through the process.
Game contribution rates are how you contribute to clearing your bonus wagering requirements, and each game is different in terms of its contribution rate.
For example, for each pokies bet you make online, the casino might accept 100% of the bet towards your wagering requirements. Online pokies are generally very high on the contribution rate scale. Table games are usually much lower, and it all depends on the game. So, if you make an online roulette bet, only 20% of that bet might be used towards your wagering requirements.
Contributions rates vary by game and by casino, so this is another situation where the terms and conditions are important: make sure you understand your bonus before you accept it.
There are many different opinions on what the best online casino bonus is. We have included a table above to give you our thoughts on which bonuses work for which players. However, that is ultimately the player’s decision.
A wagering requirement is the amount that you have to bet in order to be able to cash out your winnings from a bonus you have received.
Yes, some Australian online casino bonuses do expire, so read the terms and conditions closely.
Yes, as long as you fulfill the wagering requirement, you can withdraw money from a no deposit bonus.
