There’s an old saying in Australia that if two flies start crawling up a wall, people will start placing bets on which will be first to reach the top – in fact, someone even wrote a book about it. Whether it’s pokies, sports betting or traditional casino games like roulette and blackjack, Australian’s love placing a wager.
All over the world, the internet age has made gambling accessible to the masses. That’s as true in Australia as it is elsewhere, but local rules mean domestic betting companies are prohibited from offering online betting. That hasn’t stopped offshore providers from tapping into this lucrative market, however, and as a result, Australian gamblers have an eclectic choice of providers competing for their business.
It means there are all sorts of online promotions and coupons there for the taking. Let’s take a look at the different types that are out there and how to ensure you are getting the best deal.
No deposit bonuses look like an amazing deal, but you need to treat them with caution. On the face of it, free money to play games of chance presents an opportunity whereby you just can’t lose. However, the golden rule is to read the small print. No deposit bonuses usually have a huge wagering requirement, meaning you must bet the “free money” a set number of times before you can cash it out. So for example, a $20 no deposit bonus with a 60x wagering requirement means that from the $20, you must place $1,200 in wagers before you can withdraw any winnings.
No deposit bonuses usually have strict limitations on how they can be used, too. Typically, they are restricted to slot games, and sometimes only to one or two specific titles. It’s very unusual to be able to use no deposit bonuses on table games like blackjack.
So no deposit bonuses are not the “free money” that they might appear to be. However, that’s not to say they are not worth having. The best strategy is to treat the bonus as “in game money” that has no real-world value and use it to familiarize yourself with the platform and its games – after all, it’s not going to cost you anything!
Another very common type of casino coupon will provide a set number of free spins. In some ways, these are similar to no deposit bonuses in as much as they are added to your account without you needing to spend anything and they have a wagering requirement that must be met before you can cash out your winnings.
Dozens of casino platforms offer these kinds of coupons, and it’s a good idea to use a resource like AustralianCasinoClub to maximize your playing time with free spins bonuses. They will run through the specific promotions that are running on a given day so you can do some easy side by side comparisons and pick out the best deal in terms of flexibility and wagering requirements.
That aspect of flexibility is particularly important, as some free spin coupons apply only to a specific game. Others might give you a choice of titles. Also check whether there is a time limit on the free spins – some offers state that you must use them or lose them in just a few short days.
While these might not look as generous as no deposit bonuses, they usually present a better chance of you actually seeing some tangible winnings. With a deposit bonus, the casino matches the amount you deposit into your gambling account, or a percentage thereof. So with a 100% deposit bonus, if you deposit $100, you will actually receive $200. You sometimes see 50% bonuses and so on, too.
Deposit bonuses still have a wagering requirement, but it is less onerous than the no deposit bonuses. Typically, it is something between 10x and 20x. You’ll usually find it is less restrictive, too, so it can be used on a bigger choice of games. In short, with this sort of bonus, you have a better chance of transforming bonus money into real winnings that you can put in your pocket.
This final category is a little different. Most casinos operate some sort of VIP program, which works in the same way as loyalty schemes offered by retailers, hotels and airlines. It means that every time you deposit money in your account, you are rewarded with points that can be exchanged for rewards.
Casinos typically have added benefits for VIP members, such as special promotions or exclusive tournaments, so there is really no downside to joining. Ultimately, VIP bonus coupons present the greatest likelihood of a genuine reward – despite the fact that they are not promoted with the same razzmatazz as free spins and no deposit bonuses.