Best Casino Bonuses for Aussies in 2023

Jack Wilson

Congrats, you’ve found the best and biggest casino bonuses at Australian online casinos.

With the best bonuses you can add to your starting bankroll in a big way – or sometimes even cash out a large win.

Not all bonuses are created equal though. Some aren’t quite as free as they seem, and that appealing deposit bonus may have some conditions attached to it.

We’ll explain all the key terms and types of casino bonuses you need to know, so you can pick the most valuable one that fits the casino games you like to play.

Let’s do it!

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Top Casino Bonus Offers Available in Australia

Casino Bonus – Everything You Need to Know

These are some of the key components and terms that you need to be aware of when playing with a casino bonus.

Wagering Requirements

Wagering requirements (also called playthrough requirements) are the standard bonus condition at most online casinos.

That includes those for Australian players.

Basically, wagering requirements ask you to bet with a multiple of the bonus money amount that you got before you can make a withdrawal. Fairly simple.

  • For example, consider an AU$10 bonus with a 10x wagering requirement.
  • This would mean you’d need to wager AU$100 before you can withdraw any winnings you may have made from the bonus.
  • That’s AU$10 times the 10x wagering. Easy.

Without a clause like this, casinos would just be handing out free money with their bonuses. Which isn’t an economical way to run any business, we’re sure you’ll agree.

You’ll find online casinos in Aus offering wagering requirements of anywhere between 20x and 50x. Any higher than that is not really fair dos.

Deposit Match

A deposit match is when the casino gives you bonus money equal to the amount you deposited.

It’s not always completely equal, however.

Often deposit matches are tied to a percentage amount, as you’ll commonly see when you’re searching for an ideal deposit casino bonus.

Sometimes you might even see different percentages split across your first three deposits.

For example, your first deposit might match 100% up to AU$100.

You might then get 50% on your next deposit up to AU$500.

Let’s say you deposited AU$20 the first time and then AU$50 the second time.

That would give you a total of AU$45 – 100% of $20 and then 50% of AU$50.

The maximum you could get would be $AU350 if you took up the whole offer.

These bonuses are good for casinos and players, because all budgets of players can benefit in the same way – whether you deposit a tenner or AU$100 at a time.

Maximum Stake

A rare few bonuses at Australian online casinos will come with a maximum stake that you’re allowed to use during your playthrough or wagering.

This is to stop you hitting a VIP table or high-limit pokies, and betting your whole requirement in one go.

Usually the limits are $AU5 to AU$50 or so. Which is quite unfair on high value players, but that’s the way it is.

We’re not a fan of these clauses, although they don’t appear too often. We’ll always point them out when do see them.

Maximum Cashout

Fairly self-explanatory this one.

This gives you a maximum amount that you’re allowed to withdraw of any bonus winnings.

Sometimes this is used in conjunction with wagering requirements, but other times not.

These aren’t the best clauses to find in your casino bonus, so we’ll usually point them out – especially when they’re lower than $AU500 or so.

These cash-out limits don’t usually apply to jackpot pokies wins, but we’ll tell you if they do.

Game Contribution

Game contribution in online casino bonuses, is when different games only pay a certain percent of your bet towards the wagering requirement (see above).

Casinos know that you’re more likely to make consistent small wins playing a game like blackjack rather than playing online pokies.

Sure, you could hit the jackpot, but over the long term one player getting lucky is balanced by all the players that didn’t.

That’s why live casino games and table games are often either completely excluded from the bonus or have a lesser contribution.

For example, a common percentage for blackjack is 10%. That means for every AU$10 you bet, only AU$1 will come off your progress towards a withdrawal.

Types Of Casino Bonuses

Not all bonuses are created equal.

Here we will explore the different types or kinds of deals that are commonly found at online casinos of today.

Deposit Bonuses/Welcome Packages

Welcome bonuses are a welcome to the casino to new players. You can usually only get a welcome bonus once or split over your first few deposits.

They’re nearly always deposit matches, but you do get flat cash bonuses or free spins welcome bonuses too. The best casino welcome bonus will sometimes employ a combination of these three bonuses.

Deposit bonuses are usually deposit match offers, that are usually tied to certain days of the week or month. They can also come in the form of matches, flat cash or free spins, often given as a bonus code to be redeemed at the casino.

You can get these whether you’re a new or existing player, with deposit bonus codes often varying depending on if you’re a new, seasonsed or high roller player at the online casino in question.

However, they can’t always be combined with the welcome bonus – so watch out for that.

No Deposit Bonuses

The holy grail of online casino bonuses, no deposit bonuses give you free bets (usually bonus cash or free spins) simply for being a customer or signing up. It’s a very desirable sign up bonus to receive.

How good is that?

These tend to have slightly more restrictive terms than deposit-matched bonuses, but not always.

We’ll never miss a chance to point you in the direction of a good no deposit bonus when we review new online casinos in Australia, as it’s a very desirable sign up bonus to receive.

Free Spins (Deposit or No Deposit)

A free spins bonus gives you, as you might think, free spins on pokies games.

These can be determined by the casino, or (more rarely) on the pokies game of your choice.

They’ll always be at a set bet limit, usually the lowest bet on a given slot, but sometimes they go higher.

These are the offers most likely to have a maximum win clause on them – but we’ll always point you in the direction of the less restrictive offers out there.

Live Casino Bonuses

We mentioned game contribution above – and this is the reason live casino fans will want to find bonuses exclusively tailored to them.

These will often be lower in cash value, as table games generally give more chances to make regular small profits.

However, the trade-off is they will contribute 100% to your wagering requirement.

Meaning you can play your bonus through just as quickly on blackjack or roulette, without being forced to play pokies to complete the wager

Cashback

Cashback offers give you cash back on any losses (if you make a loss) over a certain period.

This could be within 24 hours of your deposit or on certain dates like international holidays or weekends.

They usually tend to give you about 1% to 10% of any losses back – and they’re the most likely of all online casino bonuses to be actual withdrawable cash instead of bonus money.

You beauty!

What Is A Loyalty Program?

Loyalty rewards are bonuses online casinos give you for being a long-term customer on their site. Think of them as way of saying thank you for sticking with us and welcome to our loyalty program.

They can take the form of:

Sometimes you’ll get more points for betting higher amounts, but other casinos will simply offer points based upon number of bets or time spent playing.

You might even find some casinos themed entirely around their reward system, which means you can often take advantage of their nice casino bonuses on offer.

Although, you might also find a lot of casinos with no reward system at all (boo!).

One of the best ways to tell is to read our reviews first, where we outline exactly what rewards you should expect

How To Find The Best Casino Bonuses

Looking for the best online casino bonus in Australia? We’ve got your back, mate! When it comes to finding top-notch bonuses, here’s what you need to keep in mind:

Shop Around

Don’t settle for the first bonus you come across.

Take the time to explore different online casinos and compare their bonus offers. Each casino has its unique promotions and perks, so make sure to check out a few before making a decision.

Take a peek at the online casino bonuses listed above and see which one is the right fit for you.

Check the Wagering Requirements

Look out for top tier wagering requirements.

Lower wagering requirements are always a plus, so keep an eye out for those. If you can find the wagering requirements that let you bet your bonuses only a handful of times before you can withdraw, that’s usually a great sign.

Check the casino bonus terms to make sure you’ve got it down pat before you make that first deposit.

Bonus Types

Consider the different types of bonuses available.

From welcome bonuses to free spins, reload bonuses, no deposit free spins, there’s a wide range of offers out there. Think about what suits your playing style and preferences best.

Casinos will also often change their repetoire of bonuses.

Read Reviews

Take advantage of online casino reviews from trusted sources.

These reviews often cover bonus details and provide insights into the overall casino experience. Hearing from other Aussie players can help you make an informed choice.

You can also stay on top of bonus casinos with our review section, updated weekly.

Keep an Eye on Promotions

Stay updated on the latest promotions and special offers.

Casinos often run seasonal or limited-time promotions that can boost your gaming adventure. Sign up for newsletters or follow casinos on social media to stay in the loop.

Consider Player-Friendly Terms

Look for bonuses with player-friendly terms and conditions.

Pay attention to factors like minimum deposits, time restrictions, game restrictions, and any promo codes required. The more transparent and user-friendly the terms, the better.

Make sure you’re on top of that fine print!

Terms and Conditions for Best Online Casino Bonuses

Before you jump into accepting an online casino bonus, it’s crucial to give the fine print a thorough read. Seriously, don’t underestimate the importance of reading those T&Cs.

In particular, pay attention to the following key details:

Make sure to check the site’s wagering requirements as well.

These requirements outline how and when you need to make deposits, as well as which games count towards fulfilling the wagering requirements. Understanding these conditions will help you maximize the benefits of a welcome offer and snag the best casino bonus possible.

By taking the time to go through the bonus terms and conditions, you’ll be well-prepared and can make informed decisions about which bonuses to claim. This way, you can enjoy your gaming experience to the fullest while taking advantage of those enticing bonus offers.

Good luck and happy playing!

Calculating the Value of a Casino Bonus

Ideally, you want a bonus with a low playthrough requirement of 30x or less, with no maximum win or stake clauses.

Before you jump in though, there’s still one useful thing to know – the expected value. To do so:

  1. Find a slot game you want to play, or one with a good return to player (96%-plus).
  2. Take the maximum bonus amount, we’ll say $AU100, and multiply that by the wagering to get how much you need to play before a withdrawal. In this case, we’ll use 30x again – so wagering is AU$3000.
  3. Take the house edge of your pokies game, let’s say 2.5%.
  4. Take the house edge percentage of the wagering requirement, so in this case AU$75.
  5. Then you minus that expected loss over AU$3000 of wagering, from the original max deposit.
  6. That’s: AU$100, minus 2.5% of AU$3000 ($AU75). Therefore, the expected value of such a bonus would be +AU$25.

That means, on average, most players taking up the full bonus amount would win around 25 bucks.

If it came out as a negative number, you’d have to get lucky to the tune of that amount to finish the bonus playthrough at all.

All things are possible though – including jackpot wins.

That’s because EV is only a mathematical prediction and not foolproof.

Gambling online for any one individual can be a hugely different experience from what’s expected with thousands of players over many years.

So take the EV calculation with a pinch of salt – but it can still offer some idea of what’s a good bonus.

Casino Bonuses For Table Games

Like live casino games, RNG tables games are also mostly excluded from contributing to your bonus playthrough.

That’s for the same reasons – table games have a lower house edge in general than slots.

Some, like blackjack, even have an element of skill.

That means canny players can game the bonus for maximum returns, so casinos generally just don’t let you play bonus funds of table games.

You will find a few bonuses suitable for online blackjack or craps play though.

They range from 50% contribution to sometimes even 100% on dedicated table game bonuses.

So look out for those in our casino reviews!

Our Verdict on Casino Bonuses

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So after all that info, what do we think about the casino bonus?

Is it worth the trouble?

Absolutely, casino bonuses are fantastic, especially if you’re a fresh face to the gambling scene. Now that you’ve given this page a good read through, you’ll be armed with all the knowledge on what to keep an eye out for and how to make the wisest choices to snag the juiciest deposit bonuses (and more).

And here’s the best part:

Finding the perfect casino offer for you is an absolute breeze with our bonuses lists. You can sort them based on ratings from other Australian players in the same boat, and check their past experiences. No worries, you’ll be able to pick the best of the bunch in no time!

So, get ready to dive into the world of online casinos. With these bonuses up for grabs, you’ll be well on your way to having an absolute blast!

Casino Bonus FAQ

Are online casino bonuses free money?

While online casino bonuses provide additional funds to play with, they are not exactly free cash handouts to punters.

Most bonuses come with terms and conditions, such as wagering requirements, which must be met before any winnings can be withdrawn from free spins winnings, for example.

Can I decline or opt out of a casino bonus?

In most cases, you have the option to decline a bonus if you do not wish to be subject to its terms and conditions. However, it’s essential to check with the specific casino’s policies as some bonuses may be automatically applied upon deposit.

Can I claim multiple bonuses from different online casinos?

Yes, you can claim bonuses from different online casinos, as long as you meet the eligibility criteria and follow the terms and conditions of each individual offer.

Are casino bonuses at online casinos in Australia legit?

Without a doubt!

You can take it easy knowing that all the bonuses listed on our page here are legit and have gone under our rigorous quality checks, whether it be a deposit welcome bonus or free spins

Jack Wilson
Jack Wilson
Seasoned iGaming author
22 Articles
0 Reviews

Jack, with a finance background, offers expert insights on online casino bonuses at AusCasinos since 2017, using his analytical skills to guide Aussies through the complexities of iGaming offers.

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AusCasinos.net » Best Casino Bonuses for Aussies in 2023
Last updated: 06/12/2023