Online Casinos will always have some form of welcome bonuses for new players to get them started. This will often be the key draw card to entice new patrons. Those who are new to online casinos will often simply compare the size of those gifts and offers, but there’s more to it than that. To ensure that you’re getting the best bonus offer in Australia (and making the most of it) you need to be aware of the different types of offers out there and how they work – then you’ll be in a better position to pick a winning offer that works for you. Casino bonus.
A History of Casino Bonuses
When the online casino industry first started, there were just a handful of online casinos available to players. As such, there was very little competition and casino bonuses didn’,t exist. However, the industry began to grow at an astonishing rate and very soon there was very intense competition between rival online casinos. Casinos needed to do something to stand out from the crowd and the casino bonus was born. Introduced in the late 1990s and early 2000s, these casino bonuses were not all that different to the welcome bonuses we see today.
Introduced in the late 1990s and early 2000s, these casino bonuses were not all that different to the welcome bonuses we see today. Players would deposit a certain amount of money into their account and the casino would give them additional credits. This also had the added benefit of reducing the perceived risk, as many new players still weren’,t sure about online casinos and whether they were genuine or a scam.
While the basic principle of the welcome bonus has remained the same, the terms and conditions have become far stricter in recent years When welcome bonuses first became available, there were almost no T&,Cs and players were very often able to make a good profit using the bonus. However, as competition grew and more players started gambling online, the casinos could no longer afford to continue on this path. There were also increasing numbers of bonus abuse, where players would try to get multiple bonuses, using deceptive methods, or moving from one casino to another, claiming multiple bonuses and making a profit every step of the way.
This led to stricter T&,Cs that we see today, including wagering requirements and so on. Still, welcome bonuses remain a fantastic away to attract new players and give them extra money to play with when they first get started. These days, many online casinos are shifting their focus away from welcome bonuses and shifting it to VIP and loyalty programs, rewarding players for sticking with the casino, rather than starting an account with them.
Find the Best Casino Bonuses In Australia
We’ve assembled some of the most rewarding bonus and bonus code offers around (catering to the Australian market, of course). We advise you to read through the promotional terms and conditions carefully before you pick one in order to be sure it’s the right offer for you. Read on below to see some of the best Welcome Bonuses offered from various casinos:
THE BEST ONLINE CASINOS IN AUSTRALIA AND THE WELCOME BONUSES THEY OFFER
Casino Bonus Glossary
Here are all the important terms you need to know that relate to casino bonuses
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Comps –, These are complimentary points earned by players as they place wagers. These are normally 0.025 to 0.3% of all wagers placed during a certain time.
House Edge –, The advantage that the casino has over a player. Normally this will range between 0.05% and 5%, depending on the game.
Free Play Bonus –, A type of casino bonus where players will be given a set number of credits and a time limit to play them. Once the time is up, a player will normally be given a portion of the winnings to keep.
Minimum Wagering Requirement –, The amount a player needs to bet before they will be able to cash out their welcome bonus or other promotions.
No Deposit Bonus –, A small bonus is given to new players, normally around AU$10 or 10 free spins on a selected pokie. As the name suggests, no deposit it required to claim it.
Play for Fun –, An option that allows players to enjoy a casino game without having to spend any money. Please note, you will not keep any of your winnings when you’,re finished playing.
Players Club –, A loyalty program designed to reward long-term players, providing additional bonuses that get better the longer you stay. Also known as the VIP Club.
Signup Bonus –, Also known as a Welcome bonus, these are given to new players to encourage them to play at the casino. Typically it will results in the casino matching a set number of deposits, in other words, deposit AU$100 and the casino will give you another AU$100. T&,Cs apply.
Free Play Online Casino Australian Bonuses
The other common form of casino bonus is the Free Bets or Free Play offer, wherein Australian players are given a stack of casino credits or bonus chips and a time limit. The idea is to spend those credits in the allocated time and at the end, a portion (not all) of the winnings will be yours to keep. This option is a great way to sample the casino and the types of games they offer before making any deposits –, that’s the appeal of the free play offer, there is no deposit required to start playing. Players will, however, have to make a deposit in order to withdraw any winnings.
Deposit Bonuses for Internet Casino Players In Australia
Deposit Bonuses are arguably the most common form of Online Casino Rewards in Australia and around the world. These deals will give you a return on your first deposit or deposits in the form of a percentage of what you put in. Now the mistake many make is simply looking at the size of the percentage rather than what it equates to, as there will be a limit in how much you can claim. So a 100% bonus sounds more enticing than a 50% bonus, as it essentially means the money you put in will be doubled. However if the 100% prize is only on deposits of up to say 100 credits, you’ll get no more than 100 free credits. Whereas if the 50% bonus offer is on deposits of up to 500 credits, you’ll get 250 credits free, and that’s a far more rewarding deal even though you have to put in more to get it. To simplify matters the casino will usually advertise the total number of free credits that can be claimed with the maximum deposit sizes.
Remember that you won’t be able to withdraw those bonus credits and they will go into a promotional account. Rather you will be required to spend them in the casino, but with a bit of luck, they may be all you need to land a big win.
No Deposit Casino Bonuses
The most sought after and elusive bonuses in Australia is the No Deposit Bonus. As the name suggests, the bonus is given to new players without them having to make a deposit into their account. Most Online Casinos don’,t offer No Deposit Bonuses anymore, but that doesn’,t mean players aren’,t always on the look out for them. When you do find one, typically it will either be a small amount of money or free spins at a selected pokie. If the casino gives you money, it will normally be between $5 and $10, while they’,ll normally give out around 10 free spins. This is just enough to give a new player a taste of the casino and hopefully decide to start playing regularly. Be advised of the terms and conditions, though, there will be some sort of wagering requirement on your no deposit bonus and you won’,t just be able to withdraw it right away.
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Casinos Online Offering a Free Spins Bonus
Free Spin offers will work in much the same way, only instead of credits the player receives spins. The key difference, of course, is that the spins will be on a specific game, limiting the player’s choices. Usually, free spins will be given away as part of a larger bonus package.
Casino Bonuses FAQ
What are Casino Bonuses
Online Casinos tend to offer special bonuses and deals for a wide variety of reasons. Many of these Casino bonuses are intended to attract new players to a casino, but Online Casinos will also make sure that they reward their loyal players. These are more permanent bonuses but Online Casinos often do temporary bonuses as well, where players might get a reward when depositing funds into their account over a specific weekend. All in all, Casino bonuses are there to attract new players to the casino, reward loyal player and provide an incentive to keep playing.