Casino Bonuses for Australians and How they Work
It can be argued that when people are seeking out an online casino to join, one of the things they consider very strongly is the attractiveness of the casino bonuses that are being offered. Certainly the nature of these bonuses are something that is well worth exploring, and that is what we will endeavor to do.
Since the online casino environment is one that is incredibly competitive, the casinos that are competing for active and prospective customers are looking for something that will provide an incentive for them to sign up with a real money account. Because of this atmosphere, there are literally hundreds, even thousands, of casinos that are competing to come up with the best offer. As a result, there are indeed some great offers out there.
By far the most common bonus offer that is made by an online casino is that of the signup bonus, which involves a bonus that is given to an online casino player for simply opening up an account. Generally this bonus is based upon the initial deposit that is made by the customer. A typical casino deposit bonus might amount to 100% of the deposit that is made by the player. So if the deposit is $100 and the signup bonus is 100%, the bonus that will eventually be realized is going to be $100. What happens is that it isn't just handed over to you as the player. You have to qualify. So how do you do that? Well, you would have to meet the wagering requirements.
When there is a wagering requirement it means that you have to put a certain amount of money, from your actual cash deposits, into action before you can add the bonus money into your account. It is calculated on the basis of a multiple of the deposit PLUS the bonus. If the deposit is $100 and the Bonus is 100% ($100), and the wagering requirement is 30x (not uncommon if you are playing pokies) it means that $6000 in wagers must be put into action before the bonus can be collected and cashed. In other words, you have to show that you are playing to that degree.
The same principle works on "reload bonuses," in which deposits are made beyond the initial deposit, or specific game bonuses, in which you are receiving a bonus for perhaps strictly playing pokies or table games. Once again, the idea is to keep you playing. And no-deposit bonuses, which are covered elsewhere within this site, involve allowing you to "sample" the games with no-risk in the hope of having you make a deposit at the end of the process.