For many Australians, online casino gaming has become a popular pastime. Rather than heading to their local casino, many folks are playing their favorite casino games right from the comfort of their living room. As the popularity of Australian online casinos increases, the UK, and elsewhere around the world, new casinos are popping up online all the time. In fact, while the online gaming industry is lucrative, the competition among casinos is fierce.
For savvy players, the competitive nature of the Australian online casino industry in and around the world, provides an opportunity to get a little more for their money. With a seemingly endless list of casinos to choose from, players can try out many different sites while on a quest to find a favorite. As restrictions in the Australian online casino gaming have loosened up since 2001's Interactive Gambling Act, many online gaming sites are scrambling to scoop up as many Australian online gamers as possible in an attempt to increase their market share.
Popular Casino Bonuses - Match Play, Free Spins, and No Deposit Codes
So, what is the best way for Australian online casinos to bring new players on board? Offer bonuses! Lots of bonuses, free spins, prize drawings, and match play on deposits, just to name a few. However, a favorite bonus structure among online gamblers is the no deposit codes. No deposit bonuses allow players to bet real money in an Australian online casino without having to make a deposit or financial commitment of any kind prior to playing.
The vast majority of no deposit codes are for players who are new to a particular casino. With previous gaming restrictions being lifted in Australia, online casino sites are scrambling to offer these players plenty of no deposit bonuses and other tempting promotional incentives to draw them in. When making a first time visit to any online casino from Australia, the first step is to head directly over to the "Promotions" section of the website. Here, gamers will find a list of bonuses, free play opportunities, and hopefully, even a no deposit bonus.
How Do No Deposit Codes Work?
With no deposit codes, players are given a specific dollar amount to gamble. The amount will vary by casino, with some offers from $10 - $20 AUD, some for $50 AUD, all the way up to $75 AUD or even more. Players must register and create an account in order to gamble at an online casino. For Australian newcomers to a casino, once the site has confirmed there are no other accounts registered to a players email address or physical location, the player can head to the site's cashier section, input the specific no deposit code, and the promotional amount will be credited to the player's casino bankroll. Once the money hits the gamer's account, it's time to play!
Making Money with No Deposit Codes
While no deposit codes are a great way to try different casino games, whether table games, speciality games, or slots; actually winning money that is eligible for cashout from the casino is a bit more tricky. Because the purpose of a no deposit code is to provide players an opportunity to try various games, and to avoid a situation where players simply move the no deposit bonus from their casino bankroll to cashout without playing anything, online gaming sites require players to gamble for a certain amount of time before they can cash out. The process is call "playthrough"
What is a Playthrough?
For every free money bonus from a casino, there are specific wagering requirements. For no deposit codes, playthrough is calculated based on the amount a player wagers on their bets. The easiest way to explain a playthrough requirement is this: the playthrough is the number of times the bonus amount must be bet in order to be eligible for cashout, usually something like 10x, 20, 30, or 40x the amount of the no deposit bonus.
While it sounds confusing, it is actually quite simple. For example, the Australian Online Casino Z gives players a $10 no deposit bonus with a playthrough requirement of 4x. That means, new players at Online Casino Z must make $40 worth of bets with the $10 they were given in order to cash money out. So, for a slot machine with a wager of $1 per spin, the player would need to spin the reels 40 times. At the end of the 40 spins, the player is welcome to cash out the money in there casino bankroll,
Some casinos also have limits on how much players can take out. Some only allow the players to cash out up to twice the amount of the original bonus, some casinos pick a certain dollar amount, and other casinos allow players to withdrawal any and all winnings once the playthrough requirement is met.
The Bottom Line
With playthrough requirements and potential cash out limitations, no deposit codes can sound a little confusing, and ultimately earning cashable winnings can be a challenge. Nevertheless, while players may not be breaking the bank with a no deposit code, it certainly gives new players the opportunity to try out a casino, test out gameplay, and ultimately have some fun without having to spend a dime.
For the Australian market, online casinos are attempting to capitalize on loosened rules, and the less restrictive online gaming environment, so it truly does give players a bit of an edge. Promotional opportunities change often, so it is always a good idea to check weekly incentives at different gaming sites and make the most of the weekly specials. While no deposit bonuses are usually for new players only, there are still plenty of opportunities for free play, or matched deposit bonuses, free spins, and more for established players as well! Have fun and gamble responsibly!