Briefly on deposit bonuses in Australia
Deposit bonuses can take different forms but the general idea behind it is simple. You get some sort of benefit from the platform for making a deposit on it. Casinos use it to encourage players to make a deposit and thus commit to the website. There are no deposit bonuses as well which don’t require users to make a deposit, however, they also mean much less commitment on the part of the gamblers. Without having made a deposit, a gambler can leave a platform anytime. That’s why, for every no deposit bonus out there, you’ll find ten Australian deposit bonus offers.
Australians love gambling. The country has the highest rate of per capita spending on gambling in the world. About $24 billion is spent annually on the activity, however, a big portion of that comes upon land-based casinos.
What you need to know about deposit bonuses
The idea behind a casino deposit bonus is simple. You make a deposit and the casino gives you something in return. However, not all deposit bonuses are the same. Depending on what type of benefit the casino gives you, there are several kinds of bonuses that could be technically classified as a deposit bonus. For example, a match bonus is a very popular type of deposit bonus. A match bonus will match your deposit by a certain percentage up to a particular limit. For example, if a casino is offering an AU match bonus of 100% up to $200 and you make a deposit of $100, the casino will give you an extra $100 to gamble with. If you deposit $200, you’ll get $200. For deposits larger than $200, you’re still only going to get $200 as that’s the limit of the bonus. If there was a match bonus of 50%, you’d get $100 for a $200 deposit. A match bonus incentivizes customers to make a large deposit.
There are some limitations to a match bonus. For example, you don’t get to withdraw the bonus cash that you receive directly, however, you get to gamble with it. While the cash can usually be used in many games, there will also be some that you won’t be able to wager the bonus money on. Each AU match deposit bonus will have a list of games it applies to. It might apply to some games only partially, which means that you have to spend more of your bonus for a wager. For example, in some games, to wager $10, you might require to spend $20 of your bonus. Usually, the casinos will want to direct you toward games with higher volatility so those will likely be supported by the bonus.
In addition to a match bonus, free spins are also a very popular type of benefit for casinos to give out in their deposit bonuses. Free Spins are usually awarded for specific slots. They allow you to spin the reels in a slot game a certain number of times for free. Much like with the match bonus, you get to keep the winnings. Unlike an AU matched deposit bonus, free spins have a disadvantage of being applicable to one particular game only. Casinos use these offers to promote new slots or lead customers to games that are more profitable for the business. For players, free spins offers are a good way to discover new games. Sometimes gamblers don’t want to put in the time or effort into looking for new games so they will continue playing the ones that they might be slightly bored with. With such bonuses, they could find new favorite games.
In addition to the benefit, a deposit bonus can also be differentiated by the time when it’s given. For example, it’s very common for casinos to offer AU first deposit bonus promotions. As the name suggests, this offer applies to the first deposit made by the customer. Such welcome offers might include both a match bonus and free spins or either one separately. It’s also completely acceptable for casinos to come up with their own unique benefits for the bonuses. However, you’ll find that most platforms offer either one of the benefits described above. After the first deposit bonus, there are Reload bonuses as well. These apply to repeat deposits and are used by casinos to encourage customers to continue gambling on the platform. Reload bonuses are similar to the first deposit bonuses in composition.
We mentioned a couple of times above that although you don’t get to withdraw the Aussie casino match bonus cash directly, you get to keep the winnings. We also said that whatever you win through free spins are yours to keep. However, it’s not guaranteed that you’ll be able to withdraw those winnings. To be able to do that, you’ll need to meet the wagering requirements first. These requirements specify how many times you have to bet the bonus amount to be allowed to withdraw. For example, if a certain bonus has a wagering requirement of 10x and you received $200 in bonus cash, you’ll need to wager a total of $2,000 before you can withdraw. A tough wagering requirement can completely break a good bonus. Not all bets count the same way towards the requirement. Some games might contribute to the amount only partially.
Sometimes, casinos will advertise the best parts about an Aussie casino deposit very conspicuously, displaying it in large fonts on the banners on the website. Such flashy numbers can be really effective in attracting gamblers. However, you can’t forget about what’s hidden in the fine print. Wagering requirements, a list of supported games, and other conditions are an essential part of a bonus that can’t be considered separately. If you don’t want to be disappointed later when you find out that you have to bet incredulous sums to withdraw your winnings, you should check the whole set of conditions of a bonus beforehand. Casinos won’t advertise these less appealing parts of the promotions as loudly, so it’s up to you to find that information and use it to make the right decision.
FAQ
What are the advantages of a deposit bonus?
There are several reasons why you should take advantage of the best casino deposit bonuses Australia has to offer. First of all, they will give you a direct monetary benefit. Although you might not be able to withdraw the bonus winnings, it’s free money and a chance of winning real cash is definitely better than nothing. Gambling, in general, shouldn’t be about making money but deposit bonuses are a win-win for casinos and gamblers. Casinos get their customers to sign up and deposit money, while gamblers get the chance to win money.
Another advantage of these offers is that they allow you to explore the website and the games. Sometimes, when you are playing with your own money, you might not be willing to take the risk and try out games that you wouldn’t usually go for. However, with the money from AU deposit bonuses, you have more room and freedom to go for such games. After all, it’s just free money that you’re gambling with. In the process, you might find new favorite games or come across the functionality of the website that you didn’t even know was an option.
Lastly, bonuses are simply fun just for what they are. Even if you don’t manage to get an actual benefit from the bonus, the process of receiving something for free and then figuring out what to spend it on diversifies your gambling experience. It makes gambling more enjoyable. That’s why it’s important that the casino you choose doesn’t only offer an AU online casino first deposit bonus but also has Reload bonuses as well which will be there for you to take advantage of long after you’ve made your first deposit. This way, you’ll have something to look forward to throughout your gambling experience.
Are there any drawbacks to deposit bonuses?
It seems like nothing on the internet comes without risks and deposit bonuses aren’t an exception. The first major risk with these offers are the conditions and requirements that you might easily overlook. Casinos will often come up with bonuses that on the surface seem very generous. They will promise a high percentage AU casino match bonuses or lots of free spins but in reality, will have wagering requirements so tough that you’ll never even be able to get the actual benefit from the bonus. It’s really easy to become distracted by flashy numbers and forget to look into the details of the bonus to see what it’s requirements are.
Bonuses are effective. There is no doubt about that. That’s why so many gambling platforms offer them. While this means that you might enjoy the process of getting a bonus, it also means that you might start depositing more money on the website than you would be willing to in the absence of such a bonus. Responsible gambling is extremely important and very appealing AU deposit matched bonuses can get in the way. If a bonus has a minimum limit, you are especially vulnerable to being influenced by it. In such cases, you might want to use the responsible gambling features of the website and set limits on your weekly or monthly spending on the platform. This way, no matter how good the bonus is, you won’t go over the limit you set for yourself.
If you are in the process of choosing a gambling platform and you base your decision on the casino deposit bonus Australia offers, you’re taking on another risk. Due to the drawing power of these offers, it is used not only by legitimate casinos but also by scams who want to lure in customers and steal their money. Because scams have no intention of actually paying the bonus, they will be able to offer numbers that sound too good to refuse. It’s easy to be distracted by such offers, ignore the red flags, and end up on a platform that will get away with your money or personal data. For this reason, while you should take bonuses into consideration when selecting a platform, it’s important that you also think about its reliability and trustworthiness.
How to choose a deposit bonus?
If you haven’t already found a platform and signed up on it, you might be considering several competing deposit bonuses. When comparing these offers, you have to pay attention to a few things. First of all, consider the benefits. If the offers contain a benefit of the same type, the comparison is going to be easy. For example, for two AU match bonuses, you can simply look at the percentage and the limit. You probably know how much you’re going to deposit, so just do simple calculations and see where you’ll end up with more bonus cash. Don’t forget to take into account the limits. It’s not uncommon for casinos to have a high percentage but a very low limit. If you’re planning on depositing a sizeable sum, limits are going to be especially important. If your first deposit is going to be modest, you might want to go for the one with a higher percentage. The calculations will show you the answer.
If the two deposit bonus Australia offers both give free spins, see which one gives more. If it’s a combination of the free spins and a match bonus, then you’ll need to base the judgment on your preferences. In general, a match bonus gives you more freedom as it allows you to choose from a wider range of games. However, at the end of the day, you should go for an offer that seems more appealing to you. It’s easy to stop here and select the offer that gives the best benefit, however, that’s not always wise. You could end up missing a great opportunity or being really disappointed by the one you choose if you don’t take into consideration other important factors as well.
When comparing AU deposit bonus offers, look at the list of games they apply to. No gambler enjoys or games equally. You want the bonus you choose to apply to the ones that you prefer. For example, if you love playing Poker and only one bonus allows betting on it, you’ll know which one to go for. With free spins, this comparison is a bit easier. The bonus will tell you directly the particular slot it applies to. When it comes to a match bonus, there’s going to be a long list of games that you can spend the bonus cash on and the ones where you can spend it but with a reduced value. Go over the list and try to see if it contains the games that you would enjoy to play. Since most casinos have deposit bonuses, you have the luxury to be really picky in all aspects of the bonus.
Lastly, don’t forget about the wagering requirements and other conditions like the expiration date. This information will likely be hidden in the fine print in the description of the Aussie casino deposit bonus online offer. It’s up to you to find those details and consider them carefully. Without doing so, you might go into it with higher expectations than merited by the bonus.
How do I protect myself against scams?
Over time, people have started to recognize some really blatant signs of scams and avoid such platforms. Unfortunately, scammers have adapted as well and sometimes they come up with platforms that are not distinguishable from legitimate online casinos at first sight. For this reason, you have to do more meticulous research to make sure you won’t fall victim to such a scheme. In countries where online gambling is legal, we would suggest resorting to the national registry of online gambling providers and thus establishing whether your casino is licensed or not. To obtain the license, casinos usually go through background checks, so it serves as a guarantee that you’re not looking at a scam. However, such services aren’t available in Australia. Instead, you have to try other methods before you sign up and get the AU first deposit bonus casino promotion.
Just because your casino doesn’t have a license to operate in Australia doesn’t mean it shouldn’t be regulated in other territories. It’s best if you choose a casino that has a license to operate in some other countries. This way, you’ll know that it has gone through some vetting and is upholding certain standards of behavior that protect you as a customer. Most casinos will display the information about the registration in the footer of the website or in the ‘About Us’ section. If you can’t find this information, be alarmed, as no casino should have a reason to hide its registration. Some jurisdictions conduct a more thorough vetting of casinos to give them a license while others, in attempts to attract business, have looser requirements. As a result, you can’t trust this step completely. You have to do more research to sign up and use the casino match bonus for Australians.
A quick internet search can be more helpful than you might think. If the platform has a history of scamming people, you will definitely find some information about it online. However, usually, such schemes are set up for a short period of time until they are found out. So, don’t expect Google to tell you right away whether you’re dealing with a legitimate platform or not. If the casino has been around for a while and you see traces of its history online, like its partnerships, awards, and recognitions, you can feel relatively safer. A scam can’t usually last long on the market. If, however, you’re dealing with a new platform, try to find at least some information on it. You can go to the ‘About Us’ section on the website. If it lists founding members of the company, use social media to double-check their identity before you get the AU deposit match bonus.
Lastly, read user reviews. People are keen to share their experiences online and you should definitely take advantage of it. If someone has faced some issues with the platform, they might leave it in the comments of a discussion forum. Check out such websites and see what others have to say about the casino. Many negative comments are suggestive of either bad service or a scam. In both cases, you should look for Australian match bonus offers elsewhere. Many positive comments don’t mean that you have a green light to sign up. Casinos could’ve written those themselves or paid others to do it. Don’t be lured into a false sense of security by many positive comments on such forums.
