The welcome bonus comes in different variations in any online casino. The importance and need for it in Australia cannot be overemphasized. It is useful for numerous reasons. The top reason for this may be that it brings in more players because they all love offers, and it helps them place wagers at a discounted rate or risk-free.
We would go through everything relating to welcome bonuses in this review. You will learn how to pick out the best online casino welcome bonus for your gaming. In addition to that, we also include a comprehensive list of welcome bonuses to serve as guidance to you. We also go in-depth into the types of the welcome bonus.
This review is aimed at everyone getting the best casino welcome bonus in the end. We advise that you spare the time to go through every detail carefully. Some newbies think that the bonuses are too good to be real. That notion should be corrected as there are numerous offers out there, waiting to be claimed.
Once you are equipped with knowing what it is, nothing is stopping you from claiming it. Read on and enjoy.
What are the Welcome Bonuses?
Welcome bonuses are given to new sign-ups by online casinos, sportsbooks, and gambling platforms generally. When you register for the first time, you will receive a free welcome bonus as a token of appreciation.
Although there are many other underlying reasons for giving a casino welcome bonus, some use welcome bonuses to attract players. It works out well because players love them. Welcome bonuses also serve as a perfect way for players to test new casinos at very little or no risk. They come in different methods and means of claiming, which we will discuss later.
Although there are some terms and conditions that apply to claiming the bonuses, that is why care has to be taken when choosing a welcome bonus as some requirements might relatively unachievable. Many online casinos use that to capitalize on players; they stage eye-catching welcome bonuses with unrealistic terms and conditions. Players then flock in and register only to discover that they can’t enjoy the bonus. We hope to help you see through all of that.
Different Types of Welcome Bonuses
Welcome bonuses can be graded into different categories. You will see them differ from brand to brand, so don’t be confused about them. We would also go into details on the various types of welcome bonuses that exist. You should bear in mind that it is impossible to withdraw the bonus directly. You have to play and win with it first. That is why wagering requirements are imposed on them. Let us take a detailed look into the different types:
Sign up bonus
The name has given it out, so you should have an idea of what it entails. Casino sign up bonus is what you get when you register for the first time. It could be in the form of cash or free spins for slots. The specifics of it depends on the casino brand.
However, in some cases, it is available in the form of spin wheels, where you have access to several other jackpots and bonuses. The point is that players don’t have access to the bonus unless they have fully registered their account.
Measures like that have to be taken because some may want to take undue advantage of the sign-up bonus online casino. Once you fill in your details, your account is active. Although some also request that players verify their identity before they have access to the free casino sign up bonus.
In cases where there is a need to verify identity, you need to upload a form of ID card. It is done to curb underage gambling and fake accounts. Verification would only take a couple of hours. Once it is clear and blur-free, your account would be ready as soon as possible.
Immediately you have full access to the account; your free sign-up bonus should be ready. There are two ways to it; either you have the bonus credited into your account immediately, or you are required to use a bonus code to redeem it.
If any biggest online casino requires a bonus code, you should be aware of it beforehand. There would be a section of the casino site where you will input the code. Once you can locate it, punch in the promo code, and your bonus will be credited in no time.
First Deposit Bonus
This is a little step above the sign-up bonus. It comes in different variations, from as low as 20% to even a 500% first deposit bonus. You will see online casinos with as high as a 1000% first deposit bonus in some rare cases. Interesting, isn’t it?
Now the most important question is; what is a first deposit bonus? The name should have given you an idea as to what it entails. This bonus is given to players immediately after they make the first deposit into their casino account.
Usually, it is given in the form of a certain percentage of the first deposit. The most common is the 100% deposit bonus. What that means is that the casino grants double the deposit. If it were to be 50%, 50% of the first deposit is added to it. That is how it works.
However, there are usually certain terms and conditions that apply to any casino first deposit bonus for the sake of regulation. You cannot withdraw the bonus so as not to take undue advantage of the casino. Instead, it is mandatory to use it for only gambling. There are usually wagering requirements applied to it.
Another notable mention is that casinos usually add a maximum cap limit to it. For example, for a casino offering a 200% first deposit bonus, it seems logical that some may want to put in as high as $1000 in a bid to get $3000 in total. While this may be the case, it seems quite unfair to the online casinos.
For that reason, there is usually a cap; for example, on that 200%, it may be placed that the maximum that can be claimed on it is $200. So no matter how high the first deposit is, the bonus that will be granted cannot go beyond that limit. Seems fair enough.
The method of claiming depends on the online casino. It may be offered immediately after the deposit, or in some other cases, there are usually bonus codes.
Second Deposit Bonus
This is another step higher than the first deposit bonus. Instead, it is credited on the second deposit. More times than often, it doesn’t come alone. In most cases, for casinos that offer second deposit bonuses, there must have also been a first, and sometimes, there would also be a third.
When you take a closer look at any Australia second deposit bonus, you will discover that it is usually smaller than the first; halved in most cases. It is usually in a percentage of the cash that is deposited too. For the sake of fairness, you will also find that it has a maximum cap.
It can either be granted immediately or through second deposit Australia casino bonus codes. If the latter is the case, you may need to navigate your way on the casino website to where the code would be inputted. Either way, it is impossible to withdraw it immediately; it is rather used to play and win.
Apart from the cash, like free spins for slot games, another form can accompany an Australia second deposit bonus. Online casinos may do it as a two in one offer. Either way, the bonus should be claimed as soon as possible because there is usually a time limit applied.
What are Cashable and Non-Cashable Welcome Bonuses?
We are beginning to dive deeper into what we can get about welcome bonuses. They can be further classified into two broad types. This has been a significant source of confusion for players as the nature of casinos’ welcome bonuses vary. Some give cashable bonuses why some others give non-cashable ones.
Generally, we know that all bonuses cannot be withdrawn immediately. This means that immediately after claiming a casino bonus, it has to be used to wager unless it is useless. However, digging deeper into it, some bonuses cannot be withdrawn even after using it to gamble. That is where cashable and non-cashable bonus comes in.
Cashable bonuses are the ones that can be withdrawn after you use them to gamble. In other words, once you have completed the terms and conditions of the welcome bonus, you can withdraw it alongside your deposited real money. One important condition that must be fulfilled in this case is the wagering requirement.
The latter is a non-cashable bonus; it is simply a welcome bonus that cannot be withdrawn irrespective of whether the terms and conditions have been fulfilled. The principal aim of this type is to serve as a boost to your deposit. Once it exceeds its validity date, the bonus is removed. Although all the profits made with the bonus can be kept and withdrawn, the real bonus remains untouched.
Very few players understand these simple categories. It is not uncommon to see players infuriated because they cannot withdraw the bonus, not knowing it is the non-cashable variant. Henceforth, after that, they go-ahead to start tagging the casino as a fraud. That is one reason why it is important to go through the terms and conditions. It will help you to discern if it suits you or not.
How Can You Find the Most Suitable Welcome Bonus?
It is all about preference. That is why you have to go all out to pick out the best for yourself. There is much more that goes into picking a welcome bonus than most players understand. There has been an increase in the fakes and wannabes; players have to tread carefully.
As for sign up bonuses, it can come in different formats. It could be in cash, spins, mega wheel, or any other unique way. The first thing is to ensure that it is a legit platform. Since you will be putting in your details, there is a need to exercise caution.
Online casinos are quick to placing huge numbers on their sign-up bonus. Before you think of registering for the sake of any online casino bonus, you have to check and confirm that they have a gambling license; else, registration is done at your own risk.
Once you confirm that the platform is safe and secure, you can check the bonus details. It has to be to your taste. After this, other important steps is to go through the terms and conditions of the bonus. Many players skip the step of reading through the requirements that the bonus presents.
Reading through the terms and conditions would be a big determining factor in whether you will end up registering for the bonus or not. Often, players register for the sake of sign up bonus only to find out that they cannot claim the bonus because it is almost impossible.
The period of validity of the bonus, wagering requirements matters when considering welcome bonuses. You may also choose to check the games that bonus is limited to; make sure it is one you like.
As for the first and second deposit bonuses, we always advise that you go for the ones with a high percentage. However, at this point, care has to be taken as you have to go through the requirements carefully. The eye-catching offers should be double-checked every time.
If you follow our hints and instructions, you will end up with the best welcome bonus that suits you.
Terms and Conditions
In this review, we have always emphasized the need to carefully go through the terms and conditions an online casino presents. We also refer to it because of the experience that a lot of players face in the industry.
Online casinos also use terms and conditions as a method of attracting players, and you should not fall victim to it. The only way that can be prevented is by going through the terms and conditions. We would give some general requirements to guide you on what it should look like to satisfy curiosity.
First of all, bear in mind that some casinos may require that you complete your verification before claiming any bonus. The step should only take a couple of hours. Once your ID is valid and you are above 18 years, full access would be granted.
Every bonus usually has a validity period. Meaning that after that time, it would be removed if you haven’t taken advantage of it. However, that also depends on if it is cashable or non-cashable. If it is cashable, once you have withdrawn it, there would no need for validity again. On the other hand, the validity period mostly applies to the non-cashable bonus.
Averagely, you will see most online casino welcome bonuses have a validity of 14 days, although some have 7. However, we would advise that you stay away from any bonus with a validity period lower than 7 days as it would be almost impossible to achieve.
Another important thing to look out for in the terms and conditions is the wagering requirements. It is a multiplier form, and it simply represents how many times a bonus must be played through before the profits can be withdrawn.
In simple terms, the lower the wagering requirement, the easier it is to cash out. From that, you will deduce that you aim for the welcome bonuses with lower wagering requirements. The average best welcome bonus for Australian casinos wagering requirement is 35x.
Do I have to be a member of the casino to get a welcome bonus?
Yes, you have to be a member of the casino to benefit from the welcome bonus. It is required that you fully go through the registration process, which demands that you input some details about yourself. That should not be a source of concern as your details are safe and protected with the right casino.
Do I get the same welcome bonus if I deposit on a mobile device?
Yes, you will get the same welcome bonus if you deposit on a mobile device; it is not exclusive to desktop players alone. In recent times, online casinos tend to remove the inferiority complex that mobile players have compared to desktop players. That is why you can play most of the same games and claim the same offers.
Why should I take a welcome bonus?
There is no reason why you should not take a welcome bonus. It serves as a token of appreciation from the casino, and it is very advantageous to you. A welcome bonus is a good method of testing an online casino with little or no risk. Most importantly, you have nothing to lose from claiming a welcome bonus.
Do welcome bonuses expire?
Yes, that is why you will notice that welcome bonuses have validity periods, especially the non-cashable bonuses. Once the bonus exceeds the validity period, the casino removes it from your account. However, if the bonus is cashable, you can make profits and withdraw it all before it expires.
Difference between a welcome and a deposit bonus?
A welcome bonus is more of a general term used to classify all of the offers given to new sign-ups whether they have made a deposit or not. On the other hand, a deposit bonus is given only after players make a deposit. What that implies is that welcome bonuses are not tied to whether you put in money or not.