In our search for the best online casino bonus 2023, we tested many online casinos and put their promotions through their paces. We often encountered real money bonuses that were quite tempting at first glance but in retrospect, turned out to be pure bait and switch offers with unfavorable bonus conditions.
In our online casino reviews, we have separated the wheat from the chaff and identified the casino sites for Australia that offer you both lucrative amounts and fair conditions and achievable payout requirements. The top 5 online casinos recommended here were the best in terms of bonus programs among the over 60 online casinos in Australia we tested.
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The different online casino bonuses explained
Here we explain what the different casino bonus types in online casinos are all about. This way, you can best assess which bonus you will particularly benefit from and then choose the casino that offers the best promotions for you.
Welcome Bonus (Match Bonus)
A welcome bonus or match bonus is an exclusive offer for new players, where the online casino increases the deposited balance up to a specific value. Most often, the bonus is 100%, so the first deposit in this case, would be doubled up to a set limit. Thus, with a deposit of 100 dollars, 200 dollars are made available for playing.
In the case of the multi-stage match bonus, the donated balance is paid into your gaming account in installments. Let’s take a welcome bonus of up to 1,600 dollars as an example, as it immediately catches your eye when you call up the homepage of Jackpot City Casino. The online casino bonus here is offered in the multi-level form that is common today in many cases.
Remember that the other online casino bonus balance and the winnings you make with it are subject to certain withdrawal rules. For example, you cannot withdraw the amount directly, but must first wager it several times with casino games before it is available for withdrawal.
Find out more about this in the bonus terms and conditions. With the top casinos recommended by us, however, you can be sure that the withdrawal provisions are fair and reputable, as we have checked them ourselves.
With a cashback or “money back bonus,” customers with the appropriate status receive a particular portion of their losses back as bonus credit, depending on the provider. Sometimes, the cashback bonus can even be paid out as direct credit.
Cashback bonuses are special promotions where you are refunded portions of your losses. For example, many online casinos offer cashback bonuses when you have reached a certain customer status level. You will then receive a small percentage, often between 3 and 10%, of your losses refunded to your casino account at the end of the month.
The cashback bonus amount is usually not subject to special conditions and can be paid directly without any turnover requirements.
Loyalty and VIP Bonuses
A loyalty or VIP bonus is an offer for existing customers of an online casino, where they collect points that can be exchanged for credit or prizes. Online casinos offer this bonus to provide an incentive for loyal customers.
Any good casino online with bonus offers VIP and loyalty programs with bonus points for playing, whether you prefer to enjoy a low-limit blackjack table or chase progressive jackpots on the video pokies. Once enough points have been accumulated, and they can be exchanged for bonus money or even non-cash prizes.
Casinos with online bonuses often offer attractive bonuses for playing specific variants on certain days. Players can win various prizes here, from cash to special non-cash rewards. VIPs can even receive cruises and world trips. Of course, regular play is rewarded at most online casinos.
A reload bonus is an offer for existing customers of an online casino that rewards their loyalty. Depending on the provider, you get a bonus on new deposits at certain times or intervals.
This reload bonus is used to reward loyal players or encourage inactive players to make a new deposit. It can be designed as a promotion but is also offered by some online casinos on fixed days of the week or for future deposits as part of a welcome package.
The reload bonus is usually lower than a classic welcome bonus. Still, it follows the same principle, meaning you get a certain percentage of the deposited money as a grant from the online casino. However, this additional credit is subject to certain play-through conditions, which vary from provider to provider.