Written by:
Paul Ricci
Fact checked by:
Damjan Jugovic Spajic
Updated:
February 27, 2024

Betting Deposit Match Bonus Offers in Australia

Betting Deposit Match Bonus Offers in Australia

Bonuses are vital for players registering on a sportsbook for the first time. With the right bonus, they can enjoy games and win more cash without spending a penny. Sportsbooks have picked up on this and try to reward players with various offers including free bets and matched deposit bonuses.

Sadly, Australian law prohibits Aussie sportsbooks from promoting matched deposit bonuses and other offers or using them as incentives to draw in bettors. However, this does not mean they are unavailable – as Aussie betting sites simply don’t advertise them. 

Fortunately, there is hope for Aussie bettors looking for bonuses. They can simply register for an account to see the available free match deposit bonuses and free bets. You are on the right page if you are an Australian bettor who wants to learn how to claim match bonuses and other offers.

In this guide, we’ll share everything you need to know about spotting the best deposit match bonuses on Aussie sites, including how to claim them. We’ll also show you the other bonuses available to Aussie players and crucial information to note.

Best Deposit Bonuses at Aussie Bookies

bet365 Australia

4.4/5
  • $5 Minimum Deposit
  • Huge range of markets
  • Great odds on Australian racing
  • Trusted industry name
  • No welcome bonus
  • Mobile can be slow

Our experts have tried out a variety of Australian bookmakers searching for those with the best deposit bonus offers. Based on our research, here are some of the best betting sites to check out:

Note that you’ll need to register on these platforms to see the available sports betting bonuses.

Do Aussie Betting Sites Offer Deposit Match Bonuses?

Legal Australian betting sites can offer deposit match bonuses to bettors as long as they do not come as a welcome offer. This is because it is against Australian law for betting sites to attract new customers using bonuses or other incentives. Due to this, you’ll be unable to find available bonuses until you register on the platform.

Since deposit match bonuses tend to come as sign-up or welcome bonuses, they fall in the prohibited category. Fortunately, Aussie bettors can claim deposit match offers if they already have an existing account on the platform.

How Betting Match Bonuses Work

Sports betting match bonuses are the most common offers available in sportsbooks. As the name implies, the sportsbook will reward you with free bets or free cash equal to your deposit amount or the specified percentage.

In most cases, this bonus bet offer comes as a welcome bonus, which means you get it when you register on the sportsbook. For instance, a sportsbook may offer bettors a 100% match bonus on their first deposit up to AU$500.

This means you get double the deposit amount so long as it’s not beyond AU$500. So, if you deposit AU$200, you get an additional AU$200, while depositing AU$300 gets you an extra AU$300, and so on. Different sportsbooks offer varying matching percentages, with some up to 300% or more.

Types of Matched Betting Bonuses

Matched betting bonuses come in different forms and sizes depending on where you sign up. Each bonus follows a similar concept: you must register and deposit on the site first. However, they don’t serve the same purpose, and this section will cover everything you need to know about these offers and how to leverage them.

Matched Deposit Bonus

The matched deposit bonus offer is probably the most common bonus available on Aussie betting sites. Here, the sportsbook will match your first deposit with cash by a specified percentage after registering for an account. The match percentage tends to vary depending on the platform, with some sites offering 50% and others up to 400% or more. Note that, like other offers, this bonus may be subject to a wagering requirement before withdrawing your earnings.

Matched Deposit Free Bet

The matched deposit free bet offer is like the typical match deposit bonus covered earlier. Here, you register for an account on the sportsbook and deposit some funds after creating your betting account. But instead of the sportsbook matching your deposit with free cash, you get free bets based on your wager.

For instance, a betting site can reward you with AU$20 in free bets when you register and make your first deposit and AU$20 bet. You can then wager on specified sports events using the free bets. If you lose, it will not impact your deposit, and you will only lose the free bets. But if your bet wins, you get real cash, which you can withdraw and use as you please.

Risk Free Bets

Risk free bets are also known as first bet insurance or second chance bets. As the name implies, it is a form of insurance on your initial bet. With this offer, you’ll get a refund of your losses up to a specified amount in free bets. This means you wager without worry since you don’t lose either way.

For instance, an Australian sportsbook may offer up to AU$2,000 back in free bets if your initial wager loses. If you wager not more than AU$2,000 on your first bet and lose, the sportsbook will refund your gambling loss in free bets! You can then use the free bets to wager on your preferred sports event. If you win, you get free cash, which you can withdraw after completing the wagering requirements.

Note that the sportsbook will only refund you if your bet loses. If your bet wins, you don’t get the free bets. That’s how it differs from matched deposit free bets, where you get a bet so long you place a qualifying wager.

In-Play Free Bet

In-Play bets allow you to wager on an event after it has begun. You can get valuable insights this way and boost your chances of claiming a payout. Sportsbooks will sometimes match the deposit of new players with in-play free bets. They can then use these free bets on any event they choose while it is in progress.

Enhanced Odds

Enhanced odds are also known as boosted odds. A sportsbook may reward your deposit by offering enhanced odds. Here, the sportsbook will give you higher betting odds than normal on selected events. With these high odds, you can invest a small amount of money in your wager and earn sizable winnings in free bets.

To ensure that they don’t run at a loss, Australian sportsbooks will include rules and regulations guiding these offers in their terms and conditions page. These could include a minimum wager amount, a max payout limit, and a wagering requirement.

Matched Deposit offers for Existing Players

The matched sports betting bonus is not limited to new bettors alone. Existing Aussie bettors can also claim these offers if they consistently wager on a specific sportsbook. The sports betting site will sometimes notify the bettor about these unique offers, which they can leverage simply by opting in and depositing the minimum amount required.

How to Get Your Betting Deposit Matched in Australia

bet365 Australia

4.4/5
  • $5 Minimum Deposit
  • Huge range of markets
  • Great odds on Australian racing
  • Trusted industry name
  • No welcome bonus
  • Mobile can be slow

Australian bettors will have no problem claiming a match betting bonus. If you are new to sports betting, our experts have compiled this helpful guide to help you begin:

  1. Choose an Australian sportsbook from our recommended list.
  2. Click on the Register/Sign-up button and enter your full name, email address, phone number, and password. Depending on the sportsbook, you’ll have to verify your identity at this point.
  3. Once done, complete the registration by clicking the “Register” button.
  4. Log into your betting account using your new details and head to the promotions page, where you should see all the available promotions.
  5. Next, opt in for any match deposit bonuses of your choice and click on deposit and select one of the available payment methods. Then, deposit the minimum amount required to be eligible for the bonus.
  6. The Aussie betting site will instantly match your deposit with bonus cash or award free bets when you meet the wagering requirements. All that is left is to pick your favorite sports and place bets for a chance to win real money.

Bonus Rules & Betting Restrictions

Sportsbooks will sometimes add rules and betting restrictions to bonuses to prevent unfair usage by bettors. You can typically find these on the terms and conditions page, and we recommend you go through them before you claim any deposit betting bonus to avoid surprises.

Here are some of the common bonus rules and betting restrictions you can expect:

However, you are bound to spot some of these rules and restrictions attached to betting site bonuses more than others, which we will cover below:

Wagering Requirements

Wagering or Playthrough requirements are present in most matched betting bonuses. It shows you how many times you’ll need to wager a bonus before it is available for withdrawal. Depending on the site, it could range from 1x to 30x. So, here’s how it works:

Presuming you get a 100% match betting bonus up to AU$1,000 with a 20x wagering requirement. This means if you deposit AU$500, the betting site will reward you with an extra AU$500. You’ll need to wager the bonus AU$500 x 20 times = AU$10,000 before withdrawing your earnings.

Sometimes, the platform will add the deposit to this wagering requirement, so make sure you check out the terms and conditions so you are not caught by surprise. We recommend you aim for betting sites bonuses with wagering requirements between 5x – 20x since higher figures mean that you spend more time playing before you can withdraw.

Minimum Deposit

Most times, a matched deposit bonus may have a minimum deposit requirement attached. Depending on the site, this could range from AU$5 – AU$30, meaning your deposit must not be lower than the set amount before you can claim the bonus.

For instance, an Aussie betting site may state that you’ll need an AU$20 minimum deposit to claim its matched deposit bonus. If you opt to deposit AU$19, you won’t have access to the bonus.

Minimum Odds

Sportsbooks will attach minimum odds to betting bonuses. These odds vary depending on the offer, but they are typically around 2.00. You’ll need to wager using these odds for your bet to be valid and count towards your wagering requirements.

Eligible Sports

You’ll be unable to use your matched deposit bonus to wager on some sports as specified by the sportsbook. For instance, a betting site could offer you a matched deposit bonus to use on football. If you go ahead and wager on basketball, it won’t contribute to your wagering requirements. Sometimes, the sportsbook explicitly points out the eligible sport you can wager on. For instance, get AU$100 to wager on Cricket.

Time Limit/ Expiry

Matched deposit bonuses from Aussie online betting sites don’t remain in your betting account forever. There is usually a time limit or expiry date attached to these offers. You’ll need to use up the matched deposit bonus within this period and fulfill the wagering requirements, or it will expire. Depending on the site, this bonus could last 24 hours, 7 days, 30 days, or more. We recommend you opt for bonus offers that give you adequate time to use them before expiration.

Other Betting Bonuses for Australian Bettors

Top Aussie sportsbooks offer more than matched deposit bonuses to bettors who sign up. Below, we’ve covered some of the other betting bonuses Australian bettors can watch out for when wagering on their favorite teams:

Sign up/Welcome Offers

A sign-up/welcome bonus is one that a bettor gets as a reward for signing up on a site. This bonus offer is available on most betting sites and can come in the form of free bets, free cash, risk free bets, enhanced odds, etc. In most cases, you’ll need to make a minimum deposit, but you may be lucky to find platforms that offer you a no deposit welcome bonus. However, expect to fulfill wagering requirements before you can withdraw your bonus. Also, note that you won’t find this offer on any Aussie sportsbook due to current Australian regulations.

No Deposit Bonuses

These bonuses are highly sought after in online sportsbooks since bettors can claim them without making deposits. All bettors need to do is register on the site, and they are instantly credited with free cash or free bets. These offers have similar restrictions to the above category.

Promo Code Offers

Top betting sites in Australia sometimes provide bettors with unique promo codes to enter and unlock amazing offers. These consist of a combination of letters and numbers that bettors must enter when registering to get access to unique and rewarding bonuses. Unlike many other offers, bonus codes are available for new and existing customers on a betting site.

Refer a Friend

Sportsbooks are always looking for new ways to draw in bettors, and the refer-a-friend bonus is one way they achieve this. Here, the Aussie betting site will reward you for getting your friend to sign up and deposit on their platform. While the amount you earn may vary depending on the site, you’ll usually have a unique link with which your referral must sign up. Once they do, you get free bets or free cash to wager on your favorite games.

Loyalty Bonus

Aussie bettors who consistently wager on a betting site will be rewarded with a loyalty bonus. Sometimes, this could be through a unique invite or after spending a specific amount on wagers. Bettors who enter the loyalty program will enjoy numerous benefits, including odds boosts, bonus bets, bonus credits, personal account manager, and tickets for upcoming games.

Conclusion

Australia has a strict approach towards welcome bonuses, which can make finding bonuses, especially matched deposit bonuses, tricky. Fortunately, you can still access amazing bonuses after registering for a betting account. Simply choose one of our recommended Aussie online betting sites and register for a chance to claim amazing betting promotions and bonuses that can fetch you awesome payouts.

AUTHOR
Paul Ricci

Paul Ricci is a resident sports writer at Minimum Deposit Betting Sites, largely focusing on the US betting landscape. His main interests lie in football (both the US and the non-US variants) and in developing and writing low-stakes betting strategies.