You can acquire a VIP card when you enter a land-based casino, and if you keep going back, you’ll ultimately have enough points to buy a round of drinks at the bar… Although not particularly appealing, brick-and-mortar casino options do not need to compete with one another because their business is mostly based on regional convenience. This is not the case with online casinos, where players have access to hundreds of options, all of which are as convenient. Welcome Bonuses are a good example of this.
Competition can be beneficial to you
While we do our best to narrow it down to the best of the best for the online casino Australia community, we’re not the only website that does so. With access to web searches and the time to conduct their own research, players may create their own top best of the best. The competition is severe since Australian gamers have one of the most broad ranges of online gambling options in the English-speaking world. One online casino may offer a $500 Welcome Bonus, which may prompt a competitor to offer a $1,000 Welcome Bonus, which may prompt yet another competitor to offer a $1,000 Welcome Bonus, and so on. Guess who comes out on top at the end? We do, and the players do as well.
What Promotions Are Available at Signup?
The Welcome Bonus is the most prevalent type of signup incentive. This is where you sign up and deposit, and if you choose to take advantage of the bonus, the casino will match your deposit up to a specific amount. If the casino offers a 100% match up to $500 on your first four deposits, for example, you can deposit $500 four times and end up with $4,000 instead of $2,000 in your bankroll. This is actual money that you can play with at the casino for free. You won’t be able to withdraw any wins from that amount unless you meet the terms and conditions.
Terms and Conditions Aren’t the End of the World
They aren’t life-or-death situations, but they could be deal-breakers, so it’s critical that you read them all. With that said, the rollover requirement is the most prevalent complaint players have about promotional offers. This makes sense as well, because it can appear absurd at first glance. However, it’s critical that you fully comprehend the criterion before jumping to conclusions, since many players have gotten rich by exploiting them.
A casino might, for example, state that the rollover requirement is 30 times your total deposit. This implies that if you deposit $100 and they match it 100 percent, you’ll have $200, and to cash out your winnings, you’ll have to wager 30 times that amount, or $6,000. That’s a lot in compared to the $200, but when you’re playing games like Blackjack or Roulette, you can win and lose quite evenly, keeping your budget close to the same while working toward the $6,000 withdrawal minimum. Pokies and Video Poker are similar in that you can frequently win your money back on a bet, as well as win large every now and then, with all bets adding up to that $6,000. With that in mind, taking advantage of the welcome bonus isn’t too ridiculous.
If you want to learn more about video poker, read our previous blog on introduction to video poker.
Why? Because money that is given away for free is money that is given away for free. Otherwise, you’re playing with $100, and while you may withdraw whenever you want, I’m betting you’ll bet $3,000 with that $100 deposit, so you’d be better off taking advantage of the Welcome Bonus.
Why You Might Not Want to Do the Welcome Bonuses
Another unpleasant limitation in the terms and conditions is that the rollover requirement only applies to specific games, like as Pokies, therefore if you’re not a Pokies player, you won’t be able to benefit from the bonus. If you’re a Blackjack or other table or card game player, you’ll also notice that playing Blackjack fulfils the rollover requirement by 25%, but playing Pokies or Keno meets it by 100%. If you’re a Blackjack or other table or card game player, you’ll want to avoid it. For more info about rollover check our blog post.
If you deposited in a sportsbook solely to wager on one single event, such as the Kentucky Derby or the World Cup, another common reason not to take the Welcome Bonus is if you only bet on that event. If you’re only going to wager on one game, you’ll want to be able to withdraw your funds rather than placing other bets on games that you’re not interested in.
That being said, if you’re an online casino Australia player who enjoys playing Pokies, you should take advantage of every signup bonus available. They’re made specifically for you.