To maximize your enjoyment and withdrawal potential from your no deposit bonuses it is important that you take the time to read the Terms and Conditions.
While these may seem less than exciting, especially with a bonus waiting to be claimed, there is nothing worse than winning and then finding out that there was some small tick box left unchecked in the withdrawal process.
To help you on your way, here are the 4 main terms and conditions you need to look out for when choosing an Australian no deposit casino bonus:
When Does the Bonus Expire? Australia-friendly online casinos have an expansive schedule of bonuses and promotions which means that these no deposit Welcome Bonuses come with an expiration date. Be sure to know when your bonus will expire to avoid missing out on the fun and excitement it offers simply because you missed the window it was available in.
What Are the Eligible Games? To cash out your winnings you will need to have met the bonus playthrough requirements. Each bonus comes with a list of eligible games and what weighting each game has in terms of fulfilling your wagering requirement. In some cases, there are even games that can cause your bonus to be cancelled, so avoid these at all costs by checking the games list.
What is the Maximum Withdrawal Limit? Given the no deposit nature of these bonuses’ casinos place limits on the maximum withdrawal you can make from these offers. Generally, the withdrawal limit is around $100, any winnings over and above that amount will be forfeited if you try and cash it all out.
What is the Wagering Requirement? A wagering requirement is a multiple of either bonus amount, in the case of free credits, or of your winnings, in the case of free spins, which must be played through before you can make a real money withdrawal.
How the Wagering Requirement for No Deposit Bonus Credits Works:
- Claim $15 in no deposit bonus credits
- With a wagering requirement of 60x
In the case of playing with a straightforward, no deposit bonus working out the total wagering requirement is rather simple. All you need to do is multiply the bonus amount, in this case, $15, by the 60x wagering requirement listed in the T&Cs.
As you use the casino bonus to play eligible games the cumulative total of the bets placed will release the bonus credits to your real money balance in full once you have met the required $900 in wagering.
How the Wagering Requirement for No Deposit Free Spins Works:
- Play with 20 Free Spins
- Complete a 50x wagering requirement
Given that Free Spins offers do not offer you a cash value but rather a number of free games the wagering requirement is calculated on your winnings, not the original bonus you received.
In this example let us assume that you have won $5 from your 20 Free Spins. This would mean that the 50x wagering is then applied to this amount of $5.
For you to be able to withdraw your winnings as real money, you would first need to place cumulative wagers to the value of $250 using the $5 chip. Once you have done so, paying attention to eligible games and their weightings, you are welcome to cash out your winnings!
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