Undoubtedly, the biggest advantage of online gambling is its convenience and accessibility from anywhere in the world, but we can't deny that offers with larger amounts also sound good. Many people see the world of sports betting only in this way, through huge ads where different sites advertise free money. Unfortunately, there are no such promotions in local lotteries.
When we start looking at how many available bonuses we can find that can also be used in Australia, we can easily feel overwhelmed and not know which offer sounds the best. At this point, a novice bettor has a lot of questions. We want to solve these problems with this article. We try our best to help clear things up.
In this text, we are looking at several bookmaker bonuses in Australia and based on them we are trying to find out which type is worth the most, what to look for and what makes the offer better than its competitor. If you are even slightly interested in this topic, please read our article and move on to the most promising bonus with full knowledge. Before finding out the details, you can view the current offers of the best bookmakers in a few clicks.
What are bookmaker bonuses and why are they given?
These additions are exactly what they look like. Various advertising rewards, which are clearly described in each ad for marketing purposes, in the country's own currency. Today's sports betting market is highly competitive, so bookmakers must offer unique offers or they will lose the battle against the bigger, stronger, bigger dogs that have been around for a long time. The purpose of this is to get new users to love the site and choose their own site with preferences from dozens of other options.
The biggest advantage for companies is that such bonuses give new users the opportunity to try out the platform and after a good promotion, there is a high probability that the bettor will want to use the site in the future. If everything goes well, even if for years. However, good bait is not enough for this. The site itself also needs to have good features, and with a well-functioning site, the user is already convinced to spend money on the site. In general, this is the answer to the question. You can get a small amount of money, even for free, and the parent company will get rich on the new user.
Sports betting bonuses available in Australia
The bonuses that we will consider in this article today are far from all the types that exist in the world. Every day you can even create a new type of offer, as bookmakers are constantly thinking about how to develop the best promotions that will be useful not only to users, but also to themselves.
In this section, we will write about the most common types that are also available in Australia. However, these are the types of proposals that are widespread not only in the country, but throughout the world. We'll also write detailed terms and conditions for each and make the section larger in small print so our reader is aware of everything before clicking the big button in the middle of the ad.
Free Bets
Let's start with a type you won't find anywhere else, a free bet can only be used in sports betting. There is no game in the casino that can take advantage of this. This suggestion works exactly as it sounds. The user receives a "free" fixed amount to wager on matches (usually in a certain category). It can be a promotion after registration, a bonus after replenishment, or even a completely random bonus.
A free promotion might sound like this: a $5 AUD bonus on NB1 weekend free matches that comes with odds of at least 1.5. This is, for example, a frequent offer on Bet365 almost every week.
If the offer states that you have 5 AUD in your wagering balance, you will never receive 5 AUD, but you can use that amount for an event of your choice and if the game ends in your favor, the winnings will be credited to your account. like regular money.
Do not treat these bonuses as real money. Think of it like a coupon or even a BEAUTIFUL card to better understand at home. You can spend the amount, but only on strictly prescribed things. However, this is not entirely true as the sports betting industry still has its own idiosyncrasies.
We do not receive the entire prize, but only the profitable part of the bet. It would be too easy to understand if it didn't work that way. So I would like to explain with an example. We place our free bet of 5 AUD on a match where we have odds of 2.0, then if our guess is correct our prize will be 10 AUD but we have to deduct our initial bet from that which gives 5 AUD. This will be added to our actual score, which we can even remove if the site allows.
The sports and leagues for which these bonuses can be used are clearly shown and written on this website, so we will know what they can and cannot be used for. Some platforms give you much more freedom in this area than others.
Risk free bets
This is actually a prettier name for a no deposit free bet. The offers we discussed in the previous section can be part of a welcome bonus, a daily offer, or even a weekly offer. And risk-free rates want exactly what they say. The bookmaker does not want to leave something for good luck. You can get this promotion either when you first register, or later, as a recognition of the site.
You can even find several varieties of this type in Australia. In some cases, our account cannot remain empty until we can claim the bonus. In this case, a certain amount must be uploaded and our prize will be credited to us immediately.
In other cases, we have to bet on the match itself with our own money, and if we lose the bet, we return the bet back. This effectively destroys the "risk-free" aspect of this offer, but can also be incredibly beneficial for everyone at a larger amount. However, in most cases, we only get money back in the form of betting credits that we can use for additional tickets, but some bookmakers are also willing to return regular money in this case. In some cases, we may only receive a certain percentage of the bet, and not the entire bet.
What we mentioned in the previous sentence is also true for them, that we only get the lucrative portion of the prize, not the entire prize. As here, there is usually a minimum odds below which we cannot bet on events. In most cases, they are activated by the website on our first receipt, and after that you can even get some free bonuses.
Offer equals deposit
If you are already familiar with the world of online gambling or have previously registered on one of the sites, then you have probably come across this type of promotion. It is also widely used in the casino and sports betting departments. Its action can again be deduced from its name on one level.
When a user deposits a certain amount into their account, the bookmaker credits the same amount to their account, usually in the form of betting credits. There are many types of this offer available in Australia and different sites may work with completely different numbers. The repayment percentage may also change here. We may not receive 100 percent of the amount paid, but only 20 or 50 percent. It couldn't be worse, sometimes the platform pays us twice as much (this is of course rare).
However, this amount is always limited, so do not think that you can earn millions this way. In many cases it is 100 AUD, but offers may change from day to day for each platform. In most cases, we can access such offers in the form of a welcome bonus, but sometimes sites also give promotional codes that existing users can use.
The best part of this promotion, which makes it different from a free bet, is that not only do we profit from our winning ticket, but we can also access all of it. In addition, it gives us much more freedom in choosing an event and compiling a profile.
The conditions are that it also specifies the minimum odds you need to reach in order to use the credits. If you still don't understand how betting credits work, you can find several detailed articles about them on our website, where they are explained in much more detail.
This type is also very popular among casino punters, as the sites there promise much higher amounts, but their work will be about the same.
Free bets without deposit
It's likely that by now all types are starting to sound like the previous ones, but trust us, there's a reason we're taking this separately. No deposit bonuses come in all shapes and sizes. Mostly within free bets and credits.
You have already read about free bets, so its meaning will not change much compared to the previous one, only the conditions will change slightly. In this case, we may have to bet a larger amount or bet at a higher odds. Anything can happen in this market.
In most cases, this amount is usually very small, so do not expect to get rich on "free money". Because of the high stakes, it is usually not worth using these offers, and even the amount won is difficult to withdraw to our real account on many platforms.
Bid Boosters
This is a very commonly offered option in Australia Admissions. As the name suggests, the betting odds are increased. Some results get a higher multiplier.
A really important question for those unfamiliar with the art of sports betting, what are odds? This section may be skipped by the more experienced, but if you are not sure about the meanings, then be sure to read it.
In addition to betting rounds, the meaning of the word "odds" is the likelihood of an event occurring. However, in our context, the odds indicate how much you can win from a bet. This can take several formats. It can be decimal, fractional, and American. The format really doesn't matter, it's just that different marking systems have been developed for different regions, perhaps more understandable for them. Let's write about 3 types in more detail.
Decimal Odds
This type of marking shows our winnings including stake. Think of it as a multiplier. If you place a bet of AUD 30 on a 2.0 odds market, our bookmaker will pay us AUD 70 along with the winning ticket. This is the most common labeling system in Australia.
Broken chances
The notation used in the United Kingdom and Ireland. Here we see the relationship between the prize and our bet. For example, we again place 30 AUD on the market at odds of 4/1. This means that for every 30 AUD there will be 100 AUD of profit. Thus, the payment amount is not 100 AUD, but 100 AUD, including the rate.
American odds
When we look at the American labeling system from a European point of view, at first it seems much more complicated than the domestic one. First of all, because they mark favorites and outsiders with plus or minus. Here we see the amount with the described coefficient, and in order to receive the described amount, we must also deposit a certain amount of money.
After discussing how the odds work, we can return to our previous topic, betting boosters. Each bet has a coefficient indicator. To put it simply, if you place money on the market with a dedicated increased multiplier, you can get a much better prize compared to the original odds. They usually refer to more specific advice and not just which team will win the bet. Often, accurate results, break tips, and punter-specific markets are highlighted here. It is worth paying attention to these suggestions, because sometimes this section also has very good tips.
Collection of insurance
In order to explain this bonus, we first need to understand what a Collector is. As the name implies, this is not about an event, but about a coupon consisting of several games. Collecting is a method often used in sports betting because in this way we can very easily increase our odds and with them our winnings.
When there is more than one market on a ticket, the payout can be huge. The big setback and a very big risk factor is that each of our boards has to come in to claim our prize. If even one was missed, we lost all our bets.
This bonus offers insurance against these bad stack bets. This action helps if one or two events did not end the way we wanted. Usually in this case, not the entire bet is returned, but only part of it, depending on how much the tip came and how many mistakes we made.
Bookmakers have been offering these offers to existing users for a long time, and there is also a cash limit above which we probably won't get our money back "just like that". In most cases, the redemption will be in the form of wagering credits and not in the form of real money (this is the case with most of these bonuses).
As with other promotions, there is a minimum number of odds listed here, and it usually applies to each individual tip, not to the overall multiplier.
Reload bonus
This is a frequently used offer in online casinos and bookmakers. It doesn't necessarily belong in its own category, as it is similar to all the types mentioned so far, but most sites give it this distinct name.
When we get a deposit offer, it's possible that we haven't funded our account for a long time and the bookmaker wants to lure us in with "free" money. Then we can get some offers. We often receive this promotion not on the site, but in the form of SMS or email.
How to find the best sports betting bonuses in Australia?
Every newcomer is looking for the best offer with the highest amount of money. Unfortunately, we humans are so programmed, we like everything free. However, it is often not worth looking at the biggest number, because when choosing a bookmaker, you have to pay attention to many aspects. Although these offers are not completely "free", you can find the best promotions in Australia, but you need to understand how they work and do enough research to do so.
Obviously, the first step in finding the best bonus is to find the best bookmaker. You can start the search on your own or read the detailed description of the various platforms on our website. To save you time, we have compiled a list of the best promotions and bookmakers. If you want to choose the most profitable site for yourself, we will choose based on these criteria.
Security
Before we open the site and analyze the many features and functions, it is important to make sure in what hands our hard earned money will end up when we decide to plunge into the world of sports betting. The biggest guarantee that a bookmaker in Australia can offer is a license. Many bookmakers are not licensed in Australia, but nonetheless many use them and are considered reliable.
It is worth choosing a bookmaker if the main consideration is reliability that has been in operation for several years, as there are sites that are several decades old, but there are also smaller platforms that have been around for only a few years and we can read less reviews about them . First of all, you should read the rules on this matter.
Advertising terms
It may look like you've found the best deal, a huge amount of money in big letters, and a colorful background, but don't fall for it. In most cases, it's more important to read the inline part.
A 500% first deposit bonus may sound very promising, but if the conditions seem very difficult and impossible, for example, within 7 days you must deposit the same amount of money as you received for free, then the offer is valid. doesn't sound so good. Therefore, our goal is always to find the most balanced bonus offering the right amount of "free" money on good terms.
Payment methods
Reliable transactions require reliable payment methods. Although they are not related to bonuses, they are a very important aspect of choosing a bookmaker.
Bigger and more advanced bookmakers often don't offer as many payout options as younger ones, but in most places everyone can find an option that suits them. This is also worth paying attention to before making the final choice.
Sports betting bonus conditions
As mentioned earlier, we will write in more detail about the conditions that are really important for sports betting bonuses.
Share requirements
This is the most common term in online betting. This usually applies to both casino bonuses and sports betting bonuses.
This means a multiplier not only for the bonus, but also for our loaded money. For example, a wagering requirement of 5x means that in order to be able to withdraw our money, we must receive a bonus amount five times greater than it. The reason we chose this number is because this number appears in most bookmakers in Australia and it may seem like a lot, but we are still talking about "free" money.
Before we can happily see our money in our account, unfortunately in many cases we have one more step to complete. The money we paid cannot stay in our account forever. In many cases, we need to top up this entire amount at least once. Of course, it doesn't have to be a lump sum, but we have to transfer it before we can get real money.
Minimum Multiplier
Minimum odds requirements can be found in the details of almost all offers. In most cases, this is usually 1.5, which is understandable, but even there you can make riskier bets. Until we comply with this rule, we cannot use our offers. This condition exists so that we cannot always bet on absolute favorites and constantly win.
Minimal Selection
In addition to the minimum multipliers, many promotions also require a minimum selection. When we see this condition, we usually have to create a certain number of collectors in order to fulfill them and get the reward due.