What Is a 200% Welcome Bonus?
A 200% welcome bonus is the same as a 200% deposit bonus. This offer is available for new players at the casino. When they make their first deposit, the platform doubles it and provides users with extra money to play. For instance, if you fund $100 to your online casino account, you can get $200 as a bonus amount. So, in the end, you’ll have a total of $300 to enjoy playing for the first time.
Features of 200% Bonuses
It is important to remember that the 200% casino bonus isn’t real money. So, you can’t cash it out directly. To withdraw it as real funds, you should complete certain conditions such as a wagering requirement. We will explain this in detail below.
Although offered with first deposit bonuses, this offer can cover the second, third, and even fourth fundings. Oftentimes, when you use casino bonus codes to activate the promo, you can also get free spins to use on certain pokies.
Types of 200% Deposit Bonus Offers
When you look at the welcome casino bonuses on popular gambling sites, you’ll notice subtle differences among them. For example, the different number of multipliers in the welcome pack, maximum bonus amount, additional free spins and so on. Don’t worry we’ve got you covered there.
200% Welcome Bonus Casino Deals
The welcome bonus is often called the “first deposit bonus”. New players can activate this offer when they create a new casino account. Based on Gamblenator's research, there are no welcome bonuses with a 200% multiplier at the time of writing.
However, as we don’t want to disappoint you, we’ve gathered the best alternatives. The table below gives you all the details needed to claim the deposit bonus from the best online casinos in Australia.
| Online Casino | Bonus Code | Welcome Package | Multipliers for Each Deposit | Wager |
| 🎲 King Billy | — | Up to A$2,500 + 250 FS | 250% | x30 |
| 🎲 Two-Up Casino | KOALAFUN KANGAHOP |
Up to A$5,000 | 250% 150% |
x30 |
| 🎲 Uptown Pokies | POKIES1 POKIES2 POKIES3 POKIES4 POKIES5 POKIES6 |
Up to A$8,888 + 350 FS | 250% 150% 100% 100% 100% 188% |
x30 |
| 🎲 Lucky Tiger | EMERALD250 EMERALD200 EMERALD150 |
Up to A$6,000 + 20 FS on Thai Emerald | 250% 200% 150% |
x35 |
| 🎲 Ripper Casino | RIPPER150 | Up to A$7,500 | 150% 175% 200% 225% |
x30 |
| 🎲 PlayAmo | — | Up to A$1,500 + 150 free spins on Lady Wolf Moon | 150% | x50 |
| 🎲 HellSpin | — HOT |
Up to A$1,200 + 150 FS | 150% 150% |
x40 |
Reload Bonuses
This is yet another deposit casino bonus type similar to the welcome bonuses. However, the key difference between these promotions is that reload bonuses are for regular players. So, unless you’ve already made your first deposit, you won’t be able to use this offer.
Loyalty Bonuses for Existing Players
While every other online casino offers a welcome bonus that focuses on new customers, the operators also care about their existing players. They want to ensure that these users keep returning for more. So, they provide loyalty bonuses in VIP programs. Players can get free money and free spins as rewards through such bonuses.
200% Casino Bonus Terms and Conditions
To get the most out of the casino 200% bonus offered in several online casinos, you need to understand the terms and conditions that come with it. Especially for newcomers who don’t know a lot about the different terminologies. Here are some of the most important ones that you should know.
Wagering (Playthrough) Requirements
This term identifies the number of times you should wager the bonus amount to withdraw any winnings associated with the promotion. Let’s imagine you get $200 as the bonus money with 30x wagering requirements. You need to wager at least $6,000 (200 x 30) to cash out your earnings as real money.
Maximum Cashout
Online casinos set a maximum cashout limit to ensure they have enough money to pay out all users’ winnings and prevent bonus abuse. After you win real money with the 200% bonus, you can’t withdraw more than the operator allows. Such restrictions can be $500, $1000, or another specified amount, depending on the casino's policies.
Minimum Deposit Requirement
To claim a welcome bonus, most casinos require users to make a qualifying deposit. Since it varies between casinos, the common amount is $20 or higher. Even though you need to part away with your own money, you can get many valuable rewards and multiply your funds.
Bonus Lifetime
Most casino bonuses have an expiry date. You need to claim, use, and complete the wagering requirements within this time. Otherwise, your 200% casino bonus will be forfeited. In most cases, this period varies from 3 to 7 days.
Bonus Code Requirement
Sometimes, you should enter a promo code to claim the bonus cash. For example, in the case of Ripper Casino, you need to use the bonus code RIPPER150, to enjoy the casino perks.
How to Get a 200% Bonus
- Mobile or desktop device
- Internet connection
- Bonus code
- Minimum deposit
Now that you know the terms related to the bonuses, it’s time to figure out how to claim them. While there are several things to consider, the overall process is not hard. Following the steps listed below will make the process much smoother.
1️⃣ Choose a Casino With a 200% Deposit Bonus
Many online casinos in Australia offer such or similar bonuses. But you need to find a 200% bonus casino to get double your deposit amount. To do so, use our list and choose an online casino that suits your needs.
2️⃣ Read T&Cs First
After choosing the casino, visit the Bonuses or Promotions page to look at the T&Cs of the 200% deposit bonus. Look for the terms discussed in the previous section to get an idea about the new player casino bonuses.
3️⃣ Register and Verify an Account If Required
If you like the bonus terms and want to claim it to earn bonus winnings, you need to create a new account. After registering, you’ll receive an email with a verification link. Click on it to confirm your account and gain access to the promotion and all casino features.
4️⃣ Make a Minimum Deposit to Get the 200% Welcome Bonus
Once all that’s done, you should deposit the least amount mentioned in the terms to claim the bonus. If you want to deposit more, ensure you only add as much money as needed to get the maximum bonus amount.
Pros and Cons of 200% Welcome Bonus Casino Offers
There’s no doubt that the 200% new player offer is a great one. But there are some downsides to it as well. Regarding online bonuses, staying informed about the good and the bad is important. Here are some of them.
Problem Gambling
Excessive or impulsive gambling can lead to addiction issues. Some players might overspend table games and pokies chasing after losses when this happens. Remember to manage your time and bankroll and gamble for fun. There are also resources and services available online to help players who feel the signs of addiction. For Aussies, Gam-Anon organises group meetings to help and support people with problem gambling.
