Welcome Bonus

The online casino industry is bursting at the seams in Australia[1]. When you log on for a quick spin of your favourite reels, you can choose from a massive variety of sites. The fact that there are so many also makes the industry an extremely competitive one. It's excellent news for you, as they all fight for your attention through enticing welcome bonus offers.

Choosing the right online casino welcome bonus might seem daunting if you don't understand the terms used. Read on to learn all you need to know to select and enjoy any introductory offer comfortably.

New Welcome Bonuses

Please note, we have found new welcome bonuses for you in the following casinos:

Overall Rating 3.5 / 5
Welcome bonus €3,000
Overall Rating 5 / 5
Welcome bonus ₿2 / $1,800

What Is a Casino Welcome Bonus?

The term explains itself, but there are a few points to bear in mind about all the best casino welcome bonus offers.

Here's a list of the main ones to keep in mind:

  1. A casino welcome bonus is for new players only.
  2. You may only claim it once, and typically, only one person per home may claim it.
  3. It comes with unique wagering requirements that you'll need to fulfil before you can withdraw any winnings from it.

What Does a Welcome Bonus Look Like?

Most online casinos offer a deposit match, free spins, or both. The industry standard is to equal your first deposit 100% up to a specific amount. There are some terrific welcome bonus offers extending this over your first three plays. In some cases, you can get up to as much as a 300% match.

Let's look at an example:

If a casino has a welcome bonus of 100% up to $300, you could receive $600 to play with if your first deposit is $300. If it has a 200% deposit match up to $100, it means that if you pay in $100, you'll have $200 to wager.

What Is a Welcome Bonus Wagering Requirement?

Each online casino welcome bonus is unique and also has an online casino wagering requirement to fulfil. By using such betting terms, the provider prevents abuse from players. It ensures you can't withdraw the free credit that you’ve earnt without entirely using it to play on its site. It's a fair practice, as long as the requirement is in line with industry standards[2].

A good average for a wagering requirement is anything up to 45x your bonus amount. Anything higher makes it challenging for you to play through and be able to cash out winnings.

Let's take a look at how it works:

Let's say the casino has a 100% match bonus, and you pay $100, which means the casino will give you $100 to play with. With a betting requirement of 45x your bonus, you have to place bets to the value of 100 x 45 = $4,500.

Overall Rating 5 / 5
Average payout95.5%
Payout speed1-2 days
  • No deposit and withdrawal limits
  • Online since 2014
  • Crypto friendly and Bitcoin accepted casino
  • Quick e-wallet withdrawal timeframe
Overall Rating 5 / 5
Average payout95.61%
Payout speed1-2 days
  • Amazing selection of more than 2,000 games
  • Crypto friendly and Bitcoin accepted casino
  • Online since 2019
  • Reload bonuses
Overall Rating 5 / 5
Average payout97%
Payout speed1-2 days
  • Modern and sleek website
  • Daily and weekly tournaments
Overall Rating 5 / 5
Average payout97%
Payout speed1-2 days
  • Special Ducky Bucks Rewards loyalty program
  • Main software provider is Rival
Overall Rating 5 / 5
Average payout98%
Payout speed1-2 days
  • Main software is RTG
  • New online casino since 2020
  • Daily special deals
  • VIP Club
Overall Rating 5 / 5
Average payout96%
Payout speed1-2 days
  • Good reputation
  • Main software is RTG
  • Above average withdrawal limit
  • Wide variety of pokies available
Overall Rating 4.8 / 5
Average payout97.7%
Payout speed1-2 days
  • Online casino since 2016
  • Main software provider is RTG
Overall Rating 4.8 / 5
Average payout95.5%
Payout speed1-2 days
  • New online casino since 2020
  • Main software provider is RTG
Overall Rating 4.8 / 5
Average payout97%
Payout speed1-2 days
  • Online casino and sportsbook
  • Main software provider is Rival
  • VIP Loyalty Program with special rewards

How to Claim a Welcome Bonus

Various casinos promote their welcome bonuses through different channels. You can claim it directly from the casino's site or any one of its affiliates. As these are strictly for new players only, the first step would be to register an account at the online casino you've selected.

Thanks to superb technology, new player registrations are quick and straightforward to complete online. You click on the sign-up button and follow the prompts as directed. You'll need to supply the casino with all the relevant information it requires.

Once you've completed the registration process, you can make your first deposit and claim your welcome bonus. If there's a unique code, remember to supply it to the cashier when depositing.

Win With a Welcome Bonus

Many players are under the impression that you can't win with a welcome bonus. Fortunately, that's not the case. As soon as you've fulfilled the minimum wagering requirements, you're entitled to withdraw the balance of your winnings.

In some cases, the casino might not allow you to withdraw the winnings but instead transfer it to your bonus account as a credit to wager with. If you're enjoying the specific games collection, you won't mind, as long as you can keep on playing.

There's no rule set in stone for wagering requirements[3]. It helps to familiarise yourself with an operator's terms and conditions before making your first deposit. As such, you're aware of what's allowed and what not.

Welcome Bonus Play Restrictions

You might find certain restrictions attached to the welcome bonus. It could be that you're only allowed to use the free spins on a specific slot or that certain games are excluded from the offer’s credit use.

Also, have a look at each casino's game contributions for welcome offer use. Games such as slots and Bingo typically contribute 100% to bonuses. You'll only be allowed to use a small percentage of the rewarded funds towards table games. Progressive slots are mostly excluded from any of these promotions.

All contributions will be published on the online casino site's terms and conditions section for your perusal. It'll be good to look at these before depositing to ensure that you'll be allowed to play your preferred game types.

FAQ

No. Welcome bonuses are offered explicitly to new players on a site, and you'll have to sign up to claim it.

The requirements vary from site to site. It'll generally include your email address, username for the site, your personal information, and a phone number.

Yes, the online casino will set a minimum deposit requirement. It can start from as little as $5 at some casinos, making it affordable for all types of players to enjoy.

No, it's not allowed to share any personal information. It's vital that you only play in online casinos with proper licenses in place, as it ensures data safety and security.

It's a larger version of a no deposit bonus and can easily reach up to $1,000 in some offers.