To get new players started, online casino will have some form of bonuses, these are called online casino bonuses. An Online casino bonus is the key draw card to entice new patrons. Players often simply compare the size of those gifts and offers. However, there’s more to it than that. To get the best bonus have to offer, you must know the different types of offers out there and how they work.
Online Casino Bonus Glossary
Below are the important terms you must know that relate to casino bonuses.
Comps – are complimentary points earned by players as they place wagers. Normally, these are 0.025 to 0.3% of all wagers placed during a certain time.
House Edge – this is the advantage that the casino has over a player. Normally, this ranges between 0.05% and 5%, depending on the game.
Free Play Bonus – this is a bonus where players are given a set number of credits and a time limit to play those credits. Once the time is up, a player will be given a portion of the winnings to keep.
Minimum Wagering Requirement – this is the amount a player needs to bet before cashing out their welcome bonus and/or other promotions.
No Deposit Bonus – is a small bonus that is given to new players. It’s usually around AU$10 or 10 free spins on a selected game. No deposit it required to claim it.
Play for Fun – this allows players to enjoy a casino game without spending real money. You don’t get to keep any of your winnings when you’re finished playing.
Players Club – this is a loyalty program designed to reward long-term players. It provides additional bonuses that get better the longer you stay.
Signup Bonus – this is also known as a Welcome bonus. It’s given to new players to encourage them to play at the casino. It results in the casino matching a set number of deposits. For example, if you deposit AU$100, the casino will give you another AU$100. T&Cs apply.
Free Play Online Casino Australian Bonuses
The Free Bets or Free Play offer is when players are given a stack of casino credits/ bonus chips. These come with a time limit. Players must spend those credits in the allocated time then they can keep a portion of the winnings at the end. This is a great way to sample the casino and the games they offer before making any deposits. No deposit is required to start playing but players must make a deposit in order to withdraw any winnings.
Deposit Bonuses for Online Casino Players in Australia
Deposit Bonuses are the most common form of rewards in Australia and around the world. These give you a return on your 1st deposit in the form of a percentage of what you put in. don’t just look at the size of the percentage. Rather, look at what it equates to. Usually, there is a limit on how much you can claim. To simplify matters, casinos usually advertise the total number of free credits which can be claimed with the max deposit sizes.
Remember, though, that you can’t withdraw those bonus credits. They will go into a promotional account. You will be required to spend them in the casino.
No Deposit Online Casino Bonuses
The No Deposit Bonus is the most sought after and elusive bonus. This is given to new players without them having to make a deposit. The no deposit bonus is usually a small amount of money or sometimes, free spins at a selected pokie. The money is usually between AU$5 and AU$10, while the free spins are usually around 10. Before you begin, find out the terms and conditions. There are usually some wagering requirements and you won’t be able to withdraw it right away.
Casinos Online Offering a Free Spins Bonus
Instead of receiving credits, players receive a number of free spins. The free spins usually apply to a certain game, limiting the player’s choice. Free spins are usually given as part of a larger bonus package.