Like any other commercial organization, online casinos need to provide incentives to players to join their gambling website. This is all the more important in the face of the intense competition prevalent in the online gaming industry and the ease with which players can switch brands. There are several ways such incentives can be offered.
A welcome bonus or sign-up bonus is an attractive package awarded to players for successfully registering at the best online gambling sites Australia. Welcome bonuses remain the most popular and most expansive of the online gaming mechanisms to induce players. Online casinos have developed different types of bonuses including those given for getting friends to join the casino.
Best Welcome Bonus Betting Sites
What is the Welcome Bonus?
In the normal course, the best online casino sites for real money give players credits for wagering when the players deposit cash into their casino account. In the case of a welcome bonus, credits are offered to a new online casino player with no cash required from the player. It is also known as a sign up bonus, in which a gambler receives credit in the form of money to play certain casino games or a percentage match on his initial deposit. Sometimes the player may be required to deposit AU$100 and be given AU$200 worth of credits. The AU$100 worth of credits would be against the deposit and the balance $100 is the casino bonus. The player can use these bonus credits for wagering at the online casino in the normal manner and would be allowed to withdraw the amount won from wagering the bonus subject to certain conditions.
Types of Welcome Bonuses for Australians
Casino bonuses are always optional, and players are never under compulsion to use them. Such free playing money can come in handy in trying out new strategies or understanding new games without having to pay the price. We’ve collected a list of the best online casino bonuses that players will typically find at any top casino website in Australia.
Match Deposit Bonus
A casino match bonus relates to a bonus amount that a casino site awards a player based on the amount they deposited to their casino account. It is calculated based on a percentage ratio and seldom has wagering requirements attached to it before players can withdraw any winnings generated from using it. In other words, a deposit has to be made first before a player can qualify to receive this bonus. In a 500% first deposit bonus match, the online casino will give a bonus equal to the value of the deposit. Deposit match bonuses also specify the minimum deposit, maximum bonus and wagering requirements to be fulfilled before withdrawals can be made.
No Deposit Bonus
With no deposit bonuses, new players do not have to make deposits when they gamble. New no deposit bonuses are usually small bonuses offered to players when they open a real money casino accounts at gambling sites. They are offered to players for winning promotions and tournaments in the form of bonus code online casino rewards. The latest casino no deposit bonus codes are a rare find nowadays and players may have to fulfil certain requirements to cashout after making a no deposit bonus bet.
Free Spins
A free spins bonus represents free turns offered to players to bet on a game or selection of games for free. Usually, free spins are reserved for online slots real money no deposit bonus games, in which players get to keep what they win from the free spins. A new online casino site will typically give a player a free bet no deposit needed on new pokies online AU games to try out.
How To Claim Your Sign Up Bonus
Having sifted through numerous casino sites on the internet and chosen the one with the best casino bonus, players must understand how to claim their welcome bonus. We’ve listed a few steps to follow when you want to claim your welcome bonus below:
- Enter the casino site, complete the form and create a casino account.
- Navigate to the ‘cashier’ or casino banking tab and select the payment option.
- Deposit your AUD$ to your casino account.
- If the bonus uses deposit bonus codes, they will be listed on the cashier’s page.
- The percentage of the bonus advertised on the homepage will be credited to your casino account, and you'll be ready to play.
While it's that easy to claim your betting welcome bonus, we recommend looking at things to consider when choosing a welcome bonus.
What to Consider When Choosing a Welcome Bonus
Each player has to carefully evaluate the welcome bonus terms and conditions carefully and then decide whether to accept the bonus or avoid it. Players should avoid bonuses that compel them to wager larger amounts that they normally would not have done. If the wagering requirements are excessive as compared to the player’s bankroll, then he must avoid the bonus. Similarly, bonuses that require qualifying deposits that are larger than the player can afford to make should be avoided.
What are wagering requirements?
Wagering requirements are the most important condition attached to a bonus. The wagering requirements state that the bonus has to be wagered a number of times before the benefits accrue to the player. For a bonus of AU$20 and a wagering requirement of 20 times the bonus, the player is committed to wagering AUD$400. The additional funds come from winnings from the bonus and the players own funds. Hence it is crucial to evaluate the wagering requirements in terms of the actual amount that will have to be wagered. For deposit bonuses, the wagering requirements usually apply to both the deposit and the bonus, and this increases the total amount.
Casino Welcome Bonus FAQs
What are bonus codes and how do I use them?
Sometimes online casinos a lot an alphanumeric code to a specific bonus. This is known as a bonus code or a coupon code. If a player wants to claim the bonus, then he has to enter the code at the cashier of the casino at the time of making the deposit. The player has to log in and access the deposit section of the cashier. He has to select the deposit option and enter the bonus code, the deposit amount and other details as may be required and then confirm the transaction. If the player forgets to enter the bonus code, the bonus will not be credited to his account.
What are the different types of bonuses?
Online casino bonuses can be classified in different ways. Welcome bonuses are offered to new players for signing up with online casinos. Reload bonuses are offered to existing players. Deposit bonuses require the players to make a deposit first, and then the online casino will give a corresponding bonus. No deposit bonuses do not require a deposit up front but may require players to fulfil other conditions. Play bonuses cannot be cashed out by players, but only the winnings from these bonuses can be cashed out. Other bonuses can be withdrawn along with the winnings after the wagering requirements are met.
Which games can I use my welcome bonus?
There countless casino games with free welcome bonus at the best online casino sites for real money. Australian players can easily find the most popular table games with bonuses such as a roulette welcome bonus, poker welcome bonus, and pokies welcome.
Are there bonuses that I should avoid?
Some online casinos offer bonuses to players for cancelling their withdrawal requests. Cancelling withdrawal requests is not a healthy practice, and therefore such bonuses must not be availed.