Bonuses with no payment limits

As you can see from the table, some casino promo codes for Australia have no payout limits, which means there must be some pitfalls. 

If you get such free spins for registration, all winnings from them will be credited to your bonus balance as soon as you finish playing the last spin. In the future, to make the withdrawal, you need to meet the wagering requirements. Do this by making a deposit and continuing the game on the real money balance.

Popular bonuses for Australians

By far, the most popular casino bonus for Australian players is free spins. This is a reasonably logical conclusion, since the number 1 game for Australian players are slot machines. Almost all online casinos that cater to Australian players offer free spins promo codes for signing up.

Welcome bonuses are also top-rated because they provide players with deposit bonuses and free spins. To take advantage of the welcome bonuses, players only need to register at an online casino and make a deposit. Cashback bonuses are also noteworthy, but one type of bonus that has proven to be very popular is the VIP program.

Bonuses with payment limits

In the second case, you may notice certain limits on the payment. Usually, the amount does not exceed $50-$100. What does this have to do with it?

It's straightforward. If a bonus received by promo code has payout limits, you do not have to deposit to continue the game. To attract players, some casinos give such gifts, which allow you to meet the wagering requirements, making bets directly from the bonus balance.

The VIP program

The VIP program rewards the most loyal players for their continued support. Under this program, players receive additional benefits such as a personal account manager, higher withdrawal limits, better exchange rates, cashback, exclusive gifts, etc. Essentially, the more a person plays, the higher the VIP program ladder rises. Why are these programs so popular with Australians?

Australians have been known to play casino games regularly, at least once a week, to be exact. So, they like to be rewarded for playing consistently. VIP programs are something they really appreciate.

Gambling in Australia

The gambling industry in Australia is one of the most profitable sectors in the country. An interesting statistic showed that in 6 months (December 1, 2017, to May 31, 2018), clubs in New South Wales made a net profit of almost $2 billion, which is incredible. Approximately 95,800 Pokies across Australia are located in New South Wales. This state is outpaced only by Nevada, which operates twice as many, about 181,109 slot machines.

The Australian government has benefited from the gaming industry's success. Some of those benefits include several jobs and millions of tax dollars. The money and employment help grow the economy, which means the Australian government can invest that money and improve the lives of its people.

Land-based and online casinos

Australians have different attitudes toward land-based and online casinos. While land-based casinos can offer their services to anyone of legal age (the legal age of the majority is 18), the picture is somewhat different for online casinos.

Before online gambling was introduced to the public, the federal government took a less active approach to regulate the industry. But since online casinos became popular, several states and territorial governments have taken a more active role.

Thus, gambling in Australia is regulated at the state and regional levels, not by the government. Gambling regulation includes the Casino Control Act 2006 (Australian Capital Territory), the Betting Tax Act 2001 (New South Wales), the Gambling Control Act 2005 (Northern Territory), and the Keno Act 1996 (Queensland) and the Interactive Gambling Act 2001, which the Commonwealth Parliament passed.

The Interactive Gambling Act 2001 is primarily aimed at online casino operators. It states that it is a criminal offence for operators to offer real money gambling to Australian residents. However, the law also stipulates that companies based in Australia can offer their services outside the country, except for certain countries.

Needless to say, the game and the rules in this country are a bit complicated, so they deserve a closer look.

History of Gambling in Australia

As mentioned earlier, gambling has a rich history in Australia. Studies have shown that Australians are very fond of participating in these activities. Most have gambled at a casino at least once in their lives and many risks once a week.

Online Casino Regulations

When online casino sites began to gain acceptance, Australians were eager to try them out. They started visiting virtual gambling sites. But because the government could not control these activities, it created the Interactive Gambling Act of 2001. This law was created specifically to regulate the issue of online casinos.

The Interactive Gambling Act strictly prohibits online casinos from offering their services to Australian residents. Offshore and onshore companies are also banned. However, there were several loopholes in the documents, and players made the most of them. These loopholes were eliminated in 2016, and since then, all types of online gambling, including blackjack, poker and slot machines, have been illegal.

However, there are some exceptions to this law. The Gambling Act of 2001 does not prohibit car racing or sports betting. Also, online lotteries are legal only if they are not instant scratch cards.

Are casinos legal in Australia?

The business of a land-based casino in Australia is legal. Moreover, this industry is one of the most profitable in the country. Some estimates show Australians waste about $150 billion on casino games such as roulette, poker, blackjack, and baccarat. That figure seems unimaginable. If you do the math, you'll find that the average active gambler spends about $700 a month playing.

Because land-based gambling is so popular, casinos and poker are everywhere. Talking about Pokies: there are more than 200,000 Pokies in Australia, which is 1 Pokies for every 114 people who live here.

As for online casinos, the Interactive Gambling Act of 2001 bans almost all types of online gambling. No gambling companies can offer their services to Australians. Any activity related to online gambling is considered illegal. They can be based in Australia if they offer real money casino games in other countries.

The only exceptions to this apply to sports betting. Australians can bet on sports online via licensed operators as long as the bets are placed before the event. The law states that online gambling is illegal if it is interactive. This makes pre-event betting legal, but live betting is still illegal. Based on this logic, online lotteries are only permitted if they are not instant scratch cards.

With all that said, it's worth noting an important fact. Only those who organize illegal gambling on the Internet may be criminally liable. At the same time, the law does not provide criminal liability for the use of services. So, any Australian can gamble at online casinos if they want.

Regulatory bodies in Australia include

• Australian Capital Territory – ACT Gaming and Racing Commission
• Western Australia – Department of Racing, Gaming, and Liquor
• Victoria – Victorian Gambling and Liquor Regulatory Commission
• Queensland – Liquor and Gaming Regulatory Authority
• Tasmania – Tasmanian Gambling Commission
• South Australia – Independent Gambling Authority
• Northern Territory – Licensing Commission
• New South Wales – New South Wales Liquor, Gaming and Racing Authority

Payment methods in Australia

To deposit at an online casino, Australians have a variety of payment methods. However, the number one choice is still the credit card. Using credit cards, Australians can make instant deposits and fast withdrawals. The waiting time for credit card withdrawals is usually a few business days.

BPAY is the second most popular payment method for Australian players. This payment system allows you to deposit small amounts into your casino account. In most cases, players can deposit up to $5.

Other popular payment methods in Australia are Neteller, Skrill, prepaid cards, PayPal, bank transfers, and cryptocurrencies. Neteller and Skrill are electronic wallets. Although PayPal has suspended online casino transactions for a while, they are slowly being restored.

As for cryptocurrencies, they have recently become quite common as a means of payment. The reason is that they allow Australian players to make instant deposits and withdrawals. Not only that, but it also provides additional security through high anonymity.

Frequently Asked Questions

What are casino promo codes for Australia?

This special promotion from the casino allows new players to start playing without making a deposit.

Is it possible to withdraw money from the no deposit bonus?

Some bonuses have limits on the amount of payout. But in general, you can really win and get money into your e-wallet.

How long does it take to get the winnings?

The time to withdraw your winnings depends on the method you choose. Usually, it takes 3-5 business days, but it varies. Some withdrawal methods, such as e-wallets, may even provide you with instant withdrawal.

Are there any withdrawal fees for Australian players?

Most online casinos don’t charge Australian players a fee. But to be sure, you should check the terms and conditions of the selected online casino. Also, you should make sure that the method you choose does not charge a commission. For example, some banks may charge a withdrawal fee using credit or debit cards.

Are online casinos secure in Australia?

Given the fact that online casinos are illegal in Australia, you should not visit these sites as there are fines for doing so. However, if you are an Australian in another country, you can register and play on these sites if online gambling is legal in that region. It is safe if the casino is licensed by a reputable regulatory body such as the MGA or UKGC.

What payment methods are available for online casinos in Australia?

Because online casinos cannot operate in Australia, there is no accepted payment methods list. However, if Australians are overseas, they can easily access casino sites. Some of the payment methods accepted at these online casinos are credit and debit cards, Klarna, Skrill, Neteller, Interac, Rapid Transfer and PayPal.

Can we expect to get bonuses?

Yes, players can count on numerous bonuses when visiting an online casino. The number of bonuses varies from one casino site to another, and to be eligible for them, you need to sign up for a particular casino site. Some of the bonuses you may encounter are welcome packages, daily rewards, deposit bonuses, free spins and even loyalty programs.