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Home / Bonusses / Welcome Bonus at Online Casinos Australia

Welcome Bonus at Online Casinos Australia

Home / Bonusses / Welcome Bonus at Online Casinos Australia

Welcome Bonus at Online Casinos Australia

Almost every online casino offers its players a welcome or sign-up bonus. It’s the casino’s way of tempting new individuals to sign-up with their casino, because let’s be honest, who doesn’t love a good bonus?

Why Do Online Casinos Offer Welcome Bonuses?

You might be wondering why a casino would willingly give away free money or spins to members who have just signed up with their site. The whole concept of having a company, be it online or physically, is to generate profit and income, so why is it that online casinos give these welcome bonuses? They’re essentially losing money, are they not?

However, look at it from a different lens. Sure the casino will give away other casino bonuses free spins or money, but the player will eventually use up those spins and money and start depositing funds from their own account. Players can start their casino journey by using the bonus to place bets and try new games. Their confidence will start to build and they will feel more comfortable funding their account with their own money.

As we all know, you can either win or lose playing casino games, so the casino itself will make money off of the players in the long run. Besides, most welcome bonuses come with a catch that we will discuss further down.

online casinos australia - welcome bonus

Benefits Of A Welcome Bonus

Whether you’re getting free spins or free money, you can certainly use it to your hearts’ content. Since this is technically “free money” you can either save it in your account and use it to bet periodically, or if you’re feeling risky, you can always use it to bet big!

How To Claim The Welcome Bonus

Here, we’re going to discuss the steps that need to be taken to claim the welcome bonus.

1. Choose An Online Casino

With so many different online casinos to choose from, it can be hard to narrow down the list. However, make sure to choose a casino that has a good reputation with its customers, has the appropriate licences, and has attractive bonuses. You can also have a look at our list of recommended casinos which satisfy all of those requirements and more!

2. Sign Up With The Casino

The next step is to create an account and sign-up. Make sure to follow the instructions carefully and fill in the needed details so that your account can be created much quicker.

3. Make A Deposit

Go to the “cashier” section and fund your account using your preferred method of payment. Keep in mind that some payment companies might charge a transaction fee and that your money might take some hours or days until it arrives into your account.

4. Insert The Bonus Code (If You Have One)

A bonus code is a combination of letters and digits that gives gamers a discount or extra spins. Most incentives are earned right away.

5. Satisfy The Terms And Conditions Section

Every bonus comes with its own terms and conditions that need to be met before it can be withdrawn. Make sure that those requirements are met as you cannot claim the bonus without them.

6. Withdraw Your Winnings

You have the option to cash out your wins once the conditions are completed or keep playing to take advantage of other offers and perks.

Casino Welcome Bonus Australia

Terms And Conditions Do Apply

Apologies for bursting everyone’s bubble, but there will be terms and conditions when it comes to welcome bonuses.

At the best online casinos, these requirements are typically rather player-friendly; but, at some establishments, the requirements are weighted so heavily in favour of the casino that there is actually very little value to be had. Additionally, it is possible that you will only be able to use the additional chips when playing particular games. If you do not enjoy playing those games, then a bonus of this nature will not be of much use to you.

Before you begin making claims for a welcome bonus, you should always make it a point to read over the terms and conditions of the bonus. You need to pay great attention to the wagering restrictions, as well as the games that are eligible for participation.

Wagering Requirement

The purpose of imposing wagering requirements is to stop players from making a deposit, getting a bonus, and then quickly withdrawing their money from the casino. It is obvious that the casino will reap no benefits from letting players engage in behaviour like this; hence, they implement wagering requirements to ensure that they are only rewarding legitimate players with additional value. These will tell you, in plain terms, how much you have to wager before you are eligible to withdraw any winnings.

In most cases, you will be required to play through a predetermined number of times using the bonus money that you have been awarded. If the wagering requirements are 20 times the bonus and you claim $200 , then you will need to bet a total of $4,000 before you will be able to make a withdrawal.

This is an example of how the wagering requirements work. Game weightings are something that can be seen in a lot of different casinos. Due to this, certain games only contribute a set percentage toward meeting the threshold for total wagers. Games like blackjack and baccarat, which include a small advantage for the house, typically fall into this category. At certain casinos, a bonus cannot be used at any time when playing games with a low house edge.

welome bonus at aussie casinos

Different Kind Of Welcome Bonuses

Since there are different kinds of welcome bonuses, it’s important that you are aware of the different bonuses you can be eligible for and what each bonus means.

Deposit Bonus

The first kind of bonus is also known as a match bonus, and it’s the kind of bonus that a casino gives you when you make your very first deposit. The amount that you are awarded will be a predetermined percentage of the money that you deposit. For instance, if there is a deposit bonus of 50% and you make a deposit of $500, you will earn an additional $250, giving you a total of $750 with which to play.

No-deposit Bonus

As the name suggests, you can claim this bonus without having to place a deposit first. While you are less likely to stumble on this kind of bonus and while they do tend to have a smaller value compared to deposit bonuses, they will still help you get started.

Sticky Bonus

A sticky bonus is one that cannot be cashed out; it can only be used for making wagers. As soon as the wagering requirements have been satisfied, you will be able to withdraw any profits you make with it; nevertheless, the bonus itself will “stick” to your account until you have used it up completely.

Non-sticky Bonus

Non-sticky bonuses are far better for players. After you have met the requirements for placing wagers, you will be able to withdraw it, together with any profits you have accrued from using the bonus.

Pro Tip: Don’t Bonus Hunt

If, while reading this article, you had the brilliant idea of signing up with different Aussie online casinos only to claim their bonuses and then leave, don’t. You will be known in the casino world as a ‘bonus hunter’ and that is certainly not a title you want to claim.

The casinos have taken preventative measures to put an end to this activity. If a casino’s parent corporation discovers that its multiple casino brands are being used for bonus hunting, it can shut down the players’ accounts and make it impossible for them to cash out their gains.

Making several email addresses in order to repeatedly claim the same offer from a single casino might also result in a ban from that casino. Even casinos that are controlled by separate corporations have been known to share data in an effort to identify bonus hunters and eliminate them.

Frequently asked questions

How Do I Claim My Welcome Bonus?

Firstly, you need to register with an online casino and go through the sign-up process. After you’ve successfully registered, you need to make your deposit, then claim the bonus.

What’s The Difference Between No-deposit And Deposit Bonus?

A no-deposit bonus doesn’t require any deposits to be made in order to claim it, while a deposit bonus requires you to first make a deposit in order to qualify for the bonus. Moreover, a no-deposit bonus is usually lower in monetary value than is the deposit bonus.

What Are The Terms And Conditions For A Welcome Bonus?

Every online casino has different terms and conditions when it comes to the welcome bonuses, so make sure to thoroughly read through them before signing up.

How Do I Find The Welcome Bonus?

A welcome bonus is the first type of bonus an online casino will offer you. It can sometimes come with a code for you to input and claim.

Can I Register At More Than One Online Casino?

Technically, yes. However, it isn’t advisable. Casinos have measures in place to stop what they call ‘bonus hunters’ from signing up with their casino, claiming the bonus, and leaving. It’s better to commit to one casino and get your winnings from there.

Written by

Nathan Harper

Nathan Harper

Author

Nathan is one of the most knowledgeable casino writers we've ever seen. He has seen everything there is to see within the online casino industry and therefore specializes in anything we throw at him.

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