Virtually every licensed and regulated gambling site in Australia has promotions for new and existing players. Operators leverage the promotions to make their platforms more attractive to new gamers and reward existing ones for their loyalty.
However, the availability of diverse rewards on betting platforms makes gamblers question whether all casino bonuses are worth claiming. CasinoAustralia experts share insights in this guide to answer the burning question.
Bonus Types
Many international operators offer online gaming services to Aussies. The diverse gaming sites boast top-approved casino bonuses for new and existing customers. These main promos available at gaming sites include:
- A welcome bonus returns a certain percentage of one’s first deposit after meeting the minimum requirement.
- A no-deposit offer gives customers free spins or cash to start gambling without making an initial payment.
- A reload offer gives existing gamblers a percentage of their weekly deposits.
- Cashback offers reward a gambler with a certain percentage of their net losses after a week or month.
- VIP/loyalty rewards grant dedicated players or high rollers tailor-made rewards depending on their level or tier in the loyalty programme.
A player must register at a reputable casino for Aussies and make an initial qualifying payment to activate all the rewards above except the no-deposit bonus.
Wagering Requirements
All new and existing player promotions have terms and conditions, including wagering requirements. These tell how many times to wager a reward before withdrawing its winnings.
For example, if someone gets 100 AUD free cash with a 20x wagering requirement, they must roll over the money twenty times (spend 20 x 100 AUD = 2,000 AUD) to withdraw the winnings.
Playthrough requirements usually range from 20x to 50x. So, a higher demand makes it challenging to complete the expected number of wagers and limits winning chances.
Game Compatibility
While casinos offer many rewards, not all apply to available games. For instance, free spins and slots align, while reload offers apply to other games.
The gaming options also contribute differently to the rollover expectations. For instance, slots often contribute 100%, while table games contribute less. Nonetheless, one should play the gaming options they are familiar with to reduce losses.
Personal Preferences
According to the Interactive Gambling Act 2021, online gaming is illegal in Australia. Because of this, many offshore casinos service Aussie gamblers with gambling sites and promos to avoid legal trouble.
These offers usually vary across players, with newbies getting massive one-time offers. However, existing ones can play with ongoing promotions.
Though opting for a bonus depends on a customer’s preference, it is best to avoid the one with an extremely high wagering percentage. The average wagering requirement ranges from 20x to 50x. Anything higher may be unfair and difficult to complete.
Conclusion
Casino bonuses can be good deals to improve players’ online gaming opportunities. However, understand the bonus terms and conditions before choosing an offer to avoid being caught unawares.
