Australian Sports Betting Bonuses Guide – What are online bonus bets?
Australia’s online sports betting scene is characterized by massive competition. For bookies to edge out the competition, they have to provide among other things, bonus bet offers. With bonus bets, players are quite literally getting something out of nothing. But there’s more to AU bonuses that you need to know as we further explain below.
Why Can’t Aussies See Betting Bonus Offers?
Aussies aren’t in an excellent position to see betting offers for some reasons worth noting. Following the public outcry for the need to have tough restrictions on betting and gambling as a whole, operators were compelled to agree with the Federal Government of Australia. The national gambling firm forbade betting sites from advertising incentives and bonuses to unregistered bettors, which made it impossible for some Aussies to see the available betting offers.
What Betting Offers Are Available?
There is plenty of betting offers available at Australian online playing sites. Some of the major ones that you are more likely to come across include deposit match bonus, no deposit bonus, bet match bonus, odds boosts, reload bonuses, bet back, bonus back offers, and best odds.
Bonus Bets for NSW Residents
In 2018, the government of New South Wales (NSW) went ahead to restrict betting adverts that would tempt residents to engage in online sports betting. In other words, they enforced a total ban of bonus bets for NSW residents. Some of the banned bets here included the following:
- Deposit bonus offers
- Cashback and rebates
- Bet match bonuses
- Bet back offers
- Refer-a-friend bonuses
But in March the following year, there was an amendment to the law. The amendment allowed bookies to offer odd boosts to bettors in NSW.
Bonus Bets for Victorian Residents
The rules on bonus bets for residents in the Province of Victoria are the same as those residing in NSW. With bonus bets also banned at the local state level, it means that there aren’t legal welcome offers such as deposit match bets. However, bettors residing in Victoria can still qualify and earn bonus bets such as odds boosts. Some sites here also offer to reload bonuses to their customers.
How to get the bonus bets
Finding a bonus in Australia is currently a bit harder than it used to be, especially following the passage of laws on what online bookmakers are allowed to do or not to do based on promotions. But if you are here, count yourself lucky, as we will shine a light on how to go about finding such bonus bets that most Australian bookmakers offer.
AU Bonuses – What are the Available Bonuses upon Registration?
You can be sure to find several types of bonuses upon account registration at Australian bookmakers. Let’s jump in and examine some of the common types of bonuses that you can find at AU upon successful account registration:
Free Bets
Mostly, Australian bookmakers offer free bets as a means of encouraging loyalty and enticing bettors’ custom. The most common promotions here are new customer offers along with money-back specials mostly on specific sporting events chosen by a bookmaker.
Matched Free Bets
When opening an account, some bookmakers will go ahead and match the amount of your initial bet stake, as opposed to matching the initial deposit. So if you go ahead and wager AUD100 on your initial bet with the site, you get AUD100 free bet.
Risk-Free Bets
Here, if you happen to lose your bet, not all is lost as you can get something small back in return. Such could come in the form of cash risk-free bets or site credits.
Deposit Matches
This is one of the most common types of bonuses available at AU bookmakers. Here, whatever the value of your first deposit to the site, the bookie will offer the same amount in the form of bonus money or free bets.
Deposit Bonuses
Deposit bonuses are those offers that you qualify for the moment you make real money deposits. In other words, you first deposit the money into your online sports betting account for you to unlock the bonus.
Free Bet Bundles
Mostly used in horse racing, free bet bonus bundles are new fixed odds racing products that allow punters to combine or bundle several selections from the same market together and then go ahead to receive a single Fixed Odds price for any of them to win.
Cashback on Losses
Just as the name suggests, this is a situation where your bookmaker refunds your initial amount in free credit or free bets to wager with again. You need to remember that this only applies to new bettors who place an initial bet on the site but don’t win. In most cases, AU bookmakers will require you to wager on some select sports and if the initial bet is a loss, you get your refunds back to try your luck again.
Odds Boosts
Another common promotion that you can be sure to come across AU online betting sites is the odds boost. An apt example of such an offer is available at bet365. This bookmaker allows players to increase the fixed odds of a given selection before placing their bets, something that assures players even bigger wins. All you need to do is to add your selection to your bet slip and should the Boost Up icon, you can then pump up the odds.
Cash Out
Cash-out is an opportunity for players to settle bets before a live event ends. It’s a common type of offer available at several Australian bookies upon registration. The money that you get on the bet might be higher or lower than the originally projected winnings as it depends on the progress of the sporting event.
Where to Find a Sports Betting Deposit Bonus
With Australian online sports betting sites not allowed to advertise their deposit offers to unregistered customers, finding them can be a bit challenging. But we’ve done the hard work for you to find top sites that offer deposit bonuses. All the sites we mention here offer several betting bonuses that you can take advantage of upon registration. The following are the best bookies with bets deposit bonus offers in AU:
- Betfair – At Betfair, players can engage in wagering not only in the world sports events but also in political betting. A major advantage here is an attractive deposit bonus, stats to inform a player’s betting, and racing predictions and tips. Unfortunately, there are playthrough requirements to meet.
- Bet365 – Bet365 offers top-notch sports betting odds. Besides, their deposit bonus offer can be used for betting on plenty of sporting events. But players may have to meet high wagering options than they’d expect.
- Sportsbet– They offer amazing live streaming of local events at some of the best odds around. While they have deposit bonus offers, they seem slightly limited compared to those of their competitors.
Bonus Bets – Which bookies have in place bonus bets?
The following bookies have in place some of the best bonus bets in Australia:
- Bet356
- Neds
- Palmerbet
- Unibet
- Betfair
- Ladbrokes
Australian Sign-up Offers FAQs
What are Australia's sports betting bonus laws?
The sports betting laws don’t permit AU bookies to advertise bonus offers to unregistered players.
Can Australian betting sites give bonuses after registration?
Yes. Most of them do so upon successful account registration.
How to Get Bonus Bets?
To get bonus bets, visit the site of your choice to see if there are any available bets. We also tell you the sites that offer such bets.
How Do Bonus Bets Work?
Just register an account with your chosen bookie and then visit the promotional page to find the available bonuses. Thereafter, follow the instructions to activate your bonus.
What is a bookmaker's welcome bonus?
It’s the first bonus that you get upon registering with a bookmaker of your choice.
Why Do Bookies Even Offer Bonuses?
Most of them offer bonuses to attract new customers and retain old ones.
How to determine the best sports betting bonuses of the moment?
The best ones are those that don’t come with high playthrough requirements and are easy to claim too.
Which bookie has the best bonus offers?
All the bookies we mention here have in place the best bonus offers. But for the best ones, you may want to try Bet365 and Ladbrokes.
Can I mix different bonuses such as enhanced odds and a bonus bet?
Yes, but it varies from one bookmaker to the next.
